October 1, 2025

Why in news?

  • In a symbolic boost to India’s growing startup ecosystem, Prime Minister Narendra Modi recently announced that 16 January will be celebrated as National Startup Day.

About the National Start up day

  • Interacting with over 150 startups during the Startup India Innovation Week organised by the Department for Promotion of Industry and Internal Trade (DPIIT), the EV charging infrastructure, defence manufacturing, chip manufacturing offer and drone industry.
  • The startups, categorised under six groups, gave presentations to the Prime Minister on six themes — ‘growing from roots, ‘nudging the DNA’, ‘from local to global’, ‘technology of future’, ‘building champions in manufacturing’ and ‘sustainable development’.
  • They shared ideas and inputs on various sectors including data collection mechanism in agriculture, making India a preferred agri-business hub, boosting healthcare through use of technology, tackling issue of mental health, promoting travel and tourism through innovations like virtual tours, ed-tech and job identification, space sector, among others.
  • During the meeting, Modi also outlined the measures taken by the government to support startups in the country, including programmes like Startup India, removing problems of ‘angel tax’, simplification of tax procedure, arranging for government funding, allowing self-certification of nine labour and three environment laws and removal of more than 25 thousand compliances.
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