​PM Modi likely to announce important announcements in Startup India in December: Sinha

The startup ecosystem is set to receive further push in the country as Minister of State for Finance Jayant Sinha said that Prime Minister Modi is expected to to make important announcements in the event Startup India in December

New Delhi: Prime Minister Narendra Modi is likely to make important announcements to bolster the entrepreneurial ecosystem in the country in the event Startup India in December, Minister of State for Finance Jayant Sinha said on Saturday.

He added that government is working very hard to make the processes easy for entrepreneurs and startups, and also trying to to ensure easy access to finances. He said that government 

PM Modi had announced a new campaign 'Startup India; Stand up India' to promote bank financing for startups and offer incentives to boost entrepreneurship and job creation in the country in his Independence Day speech. In the budget also the Prime Minister had announced India Aspiration Fund and Atal Innovation Mission.

Government is also trying to focus on encouraging innovation in research centers and in higher educational institutions through the network of innovation laboratories.