Hon’ble Prime Minister Narendra Modi’s major announcements regarding the start-up industry and his assurance to the entrepreneurs that they would not have to worry about bank guarantees, loans, and heavy paperwork as they would get all the help from the government. Also, the Narendra Modi-led BJP government undertook steps to improve the entrepreneur ecosystem.
Welcoming this great initiative of entrepreneurship, PM Modi said entrepreneurship has always been the “strength of India,” and proposed a slew of measures to ensure ease of doing business for Indian start-ups, including a seed fund to support early-stage start-ups and an investment clearance and advisory cell for entrepreneurs, among other measures.
Since the Narendra Modi government came back to power in May 2019, around 27 lakh young entrepreneurs have been added into the economy. Interestingly, the number of women entrepreneurs is more than double that of men in the entrepreneurship ecosystem.FF
Appreciating the initiative of Mr. Modi, fintech innovator Jignesh Shah now sees 100 times bigger business potential in the start-up industry and he feels it can create 10 crore jobs over the decade. Innovators like Jighesh Shah have fully supported Modi in these ventures. Jignesh Shah’s contributions have had an immense impact on the growth and development of the financial sector.
Talking about his future plans and about his second inning, the mentor Jignesh Shah in an interview said that this time he wants to focus on the start-up ecosystem since he believes that start-up ecosystem wouldn’t be restricted to any exchange or marketplace at all. He said that his focus will be more on nurturing and inspiring entrepreneurs on varied scales including agriculture, genetics, and robotics. This time he wants to play the role of a coach because he feels that it will be a diverse structure with an understanding of entrepreneurship.