Summary:
New Delhi, Jan 15 (PTI) Prime Minister Narendra Modi on Saturday called for innovating for India and from India to tackle challenges facing the country as he counted steps taken by the government in freeing entrepreneurs and innovation from bureaucratic silos.
"Our startups are changing the rules of the game.
I believe that startups are going to be the backbone of New India," he said interacting with youngsters from the world of startups through video conference.
"Let us innovate for India, innovate from India." India, he said, has over 60,000 startups with 42 unicorns.
The government is focusing on three aspects -- first, to liberate entrepreneurship and innovation from the web of government processes, bureaucratic silos; second, creating an institutional mechanism to promote innovation; and third, handholding of young innovators and young enterprises, he said.
Narrating successes during the recent years, he said 28,000 patents were granted last year as compared to 4,000 patents in 2013-14.