Get All Access for $5/mo

Centre To Launch Digital India Innovation Fund For Deep-Tech Startups: Report The minister also signifies the PM's vision of New India is one with ample opportunities for every Indian to participate in the development process, with hardwork and skills as the only determinants of success

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

IANS Twitter handle

Minister of state for electronics and IT Rajeev Chandrasekhar, on Friday, said that the government will launch a Digital India Innovation Fund which aims to support deep-tech startups, according to a PTI report. The minister revealed this plan of action in an official statement, during his official address to over 1000 college students as part of the 'New India for Young India: Techade of Opportunities program' at the Catholic Bishop House Campus, Thamarassery, Kerala.

The minister also signifies the PM's vision of New India is one with ample opportunities for every Indian to participate in the development process, with hardwork and skills as the only determinants of success.

Responding to a question on the issues like job opportunities in the country and migration from Kerala, the Minister reportedly said that, "Migration is a consequence of lack of hope. But India at the moment is going through an inflection point. The coming decade is going to be India's Techade. There are tremendous opportunities for young Indians. You won't get these kinds of opportunities, anywhere outside India. We should always have confidence that this is our land and the action is in India."

"The government under PM Modi is committed to working with all communities for the future of India. Every Indian must have equal opportunities to prosper irrespective of community, caste, place or religion," said the minister, as per a mint report.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Growing a Business

4 Financial Blind Spots That Could Be Preventing You From Making More Money

If you're ready to grow but feel stagnated and not sure why, check out these common money secrets where revenue is hiding.

Growing a Business

You Need an Advisory Team More Than Ever. Here's Why — and How to Run One Effectively.

The right advice, particularly in a company's early stages, can be an existential matter: how to surround yourself with the right minds.

Business News

Want to Start a Business? Skip the MBA, Says Bestselling Author

Entrepreneur Josh Kaufman says that the average person with an idea can go from working a job to earning $10,000 a month running their own business — no MBA required.

Business News

Chipotle CEO Addresses Backlash Over Portion Sizes: 'There Was Never a Directive to Provide Less'

The fast-casual chain has been under fire about inconsistent portion sizes.

Growing a Business

You'll Never Satisfy Your Customers — or Grow Your Business — Without Doing These 3 Things

Customer feedback can be used to drive sustainable growth. Here are three approaches to how you can move past measurement to drive improvement and ultimately grow your business.