‘India’s risk-taking capacity…’: At HTLS Summit, PM Modi lauds India’s booming Start-up ecosystem, Rupay cards’ success
4 months ago

‘India’s risk-taking capacity…’: At HTLS Summit, PM Modi lauds India’s booming Start-up ecosystem, Rupay cards’ success

Live Mint  

Prime Minister Narendra Modi highlighted India’s economic strides and digital revolution during his address at the Hindustan Times Leadership Summit, marking 100 years of the publication. At the event, PM Modi emphasised the remarkable growth of the nation’s start-up ecosystem and the widespread adoption of the Rupay card, celebrating these achievements as milestones of India’s transformation over the past decade. Entrepreneurial Growth and Risk-Taking Reflecting on India’s burgeoning start-up culture, PM Modi stated, “Earlier starting even one company was considered a risk; there were hardly any start-ups, but now India has over 1.25 lakh registered start-ups.” PM Modi credited this surge to the increased risk-taking capacity among the youth and supportive policies, which have collectively fostered innovation and entrepreneurship. Digital Inclusion with Rupay PM Modi also praised the success of Rupay cards, noting their role in driving financial inclusion and transforming India’s digital payment landscape. Economic Policies and Public Welfare Criticising past governance models focused on “good economics and ad politics,” PM Modi outlined his government’s commitment to policies that yield real benefits.

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