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PM Modi's New Initiative to Create Jobs: 'Start up India, Stand up India'

Salient Features of campaign:-

  • To promote bank financing for start – ups and offer incentives to boost entrepreneurship and job creation.
  • Prime Minister Narender Modi said,” We are looking at systems for enabling start-ups. We must be number one in start – ups…Start up India; Stand up India.”
  • Encourage entrepreneurship among the youth of India.
  • Each of the 1.25 Lakh bank branches should encourage at least one Dalit or Tribal entrepreneur and at least one woman entrepreneur.
  • Loans would also be given to help people.
  • Set up a network of start-ups in the country.
  • The Prime Minister also said that new changes will be done for current practice of interview-based selections for low-skilled government jobs.
  • Package of incentives will be given to manufacturing units for generating jobs.
  • Union Agriculture Ministry will be renamed as the ‘Ministry of Agriculture and Farmers’.
  • Prime Minister said that recruitment process should be online and transparent.
  • 17 Crore Bank accounts were opened through Pradhan Mantri Jan Dhan Yojna. Approximately Rs. 20,000 Crore has been deposited by people in it. Reflecting the “Richness of India’s Poor”.

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