Prime Minister Narendra Modi on Wednesday interacted with thousands of youngsters who have made it big in the start-up sector and said it is the youth who have turned out to be the "job creators" of the nation. Describing India as a "youthful nation", Modi said the government is committed to "harnessing of the demographic dividend". He said India has distinguished itself in the global startup eco-system. Commenting on the issue of fund availability for startups, Modi said the government has created a Rs 10,000 crore Fund of Funds. "We in the government understand that youngsters may face shortage of funds for their startups. That is why a 'fund of funds' has been started by the government to facilitate more youngsters to innovate and ideate," Modi added.
Prime Minister Narendra Modi on Wednesday interacted with thousands of youngsters who have made it big in the start-up sector and said it is the youth who have turned out to be the "job creators" of the nation. Describing India as a "youthful nation", Modi said the government is committed to "harnessing of the demographic dividend". He said India has distinguished itself in the global startup eco-system. Commenting on the issue of fund availability for startups, Modi said the government has created a Rs 10,000 crore Fund of Funds. "We in the government understand that youngsters may face shortage of funds for their startups. That is why a 'fund of funds' has been started by the government to facilitate more youngsters to innovate and ideate," Modi added.