Prime Minister Narendra Modi stated on Tuesday that India has emerged as the world’s second largest startup hub, thanks in large part to students from Indian Institutes of Technology (IITs).
The Prime Minister during the 54th convocation ceremony of IIT Kanpur said, “In this 75th year of independence, we have over 75 unicorns, over 50,000 start-ups. Of these, 10,000 have come only in the last 6 months. India has emerged to be the second biggest startup hub in the world, and this feat has been achieved majorly with the help of students from IITs.”
PM Modi said IIT Kanpur’s contribution in developing 5G technology has been recognised globally.
The Prime Minister stated that when India celebrates its 100th year of independence, the contributions of all the students present here today will be included.
In the last 7 years, several programmes have been introduced by the Centre to aid students. The youth is being readied to face bigger challenges more efficiently with the help of National Education Policy,” said PM Modi.
He further said that everyone should strive religiously for achieving Atmanirbhar Bharat.
“We should have achieved a lot of things by the time India completed 25 years of independence. But unfortunately, we could not do much. But now, we do not have even two minutes to waste. We must strive religiously for a self-reliant nation,” he added.
He further said that if we are not self-reliant, then how will India succeed and scale ultimate heights? And this can be done only by the youth of this country.
“This century is completely technology-driven. Students have invested the most important years of their lives in learning about technology. And this will make it impossible for any other force to stop you from excelling,” said the Prime Minister.
All students received digital degrees at the convocation, thanks to an in-house blockchain-driven technology developed at the Institute as part of the National Blockchain Project.
In addition, the Prime Minister announced the launch of blockchain-based digital degrees. These digital degrees are globally verifiable and unforgeable.
