TheNFAPost Podcast

Prime Minister Narendra Modi called upon the start-up founders not to restrict themselves to just valuations and exit strategies. 

“Think how you can create institutions that will outlast this century. Think how you can create world class products that will set the global benchmark on excellence”, the Prime Minister said. 

Modi also asked the tech leaders to emphasize the imprint of Make for India in their solutions. Prime Minister Narendra Modi made the statement while addressing the NASSCOM Technology and Leadership Forum (NTLF) via video conferencing.

He called upon them to establish new parameters of competitiveness to maintain momentum and Indian technological leadership. He also emphasized culture of excellence and institution building.

The Prime Minister asked them to think about giving world class products and leaders in the run up to 100 years of Independence in 2047. “Decide your goals, Country is with you,” he said.

Talking about the centrality of transparency in governance, the Prime Minister noted people’s growing trust in the government. 

He said that governance has been brought to the dashboard from the files for proper monitoring by the citizens. He also mentioned improvement in process and transparency in Government procurement through GeM portal.

Modi stressed the need for use of technology in governance. He gave examples of geo tagging of infrastructure products, houses of poor and such projects so that they can be completed on time. 

He also spoke about using drones in mapping village households and reduction in human interface to improve transparency especially in tax related matters.

Modi said that it is the responsibility of the tech industry to give proactive technological solutions for 21st century challenges to India. 

He asked them to work for solutions in water and fertilisation requirements of agriculture, health and wellness, telemedicine and education and skill development. 

He said steps like National Education Policy and Atal Tinkering labs and Atal Incubation Centre are promoting skilling and innovation and need industry support. 

He also called for paying attention to the outcomes of their CSR activities and pushed for focusing the activities towards backward areas and digital education. 

He drew attention to the opportunities that are emerging in tier-2 and tier-3 cities for entrepreneurs and innovators.

Modi listed the steps taken in recent times such as National Communication Policy, policy to make India Global Software Product Hub and Other Service Provider (OSP) guidelines which were issued during Corona period. 

He noted that inclusion of Information services into 12 champion service sectors has started bearing fruit. 

Recent liberalization of maps and geo-spatial data will strengthen the tech start up ecosystem and the wider mission of Atma Nirbhar Bharat. .

The Prime Minister emphasised that young entrepreneurs should have the freedom to leverage the new opportunities. The Government has full faith in the start up and innovators, he said.. Steps like self-certification, use of IT solutions in Governance, data democratization through Digital India have taken the process forward.


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