Aims to promote startups and encourage entrepreneurship in the state

Prime Minister Narendra Modi recently launched Madhya Pradesh’s Startup Policy and Implementation Plan – 2022 which aims to promote startups and encourage entrepreneurship in the state. This startup policy has been especially developed to strengthen and bring to reality the entrepreneurial ideas of the youth of Madhya Pradesh. The Prime Minister launched the policy virtually at a programme organized at the Brilliant Convention Center, Indore in the presence of the Chief Minister of Madhya Pradesh Shivraj Singh Chouhan.

Prime Minister Modi also launched the Madhya Pradesh Start-up Portal, which will be a one-stop avenue for entrepreneurs, providing them with vital information and guidance on launching a start-up. The portal will be integrated with the central government’s start-up portal. Besides this, Prime Minister Modi engaged in online interactions with several entrepreneurs and encouraged them to build India from the grassroots.

Modi said, “We have come a long way, and today, the Madhya Pradesh portal and i-Hub Indore has been successfully launched under the start-up policy of the state. I want to congratulate the government of Madhya Pradesh for this exceptional feat.”

Madhya Pradesh has over 1,900 start-ups with more than 800 start-ups founded by women entrepreneurs. The state is an agricultural powerhouse and aims to promote more than 200 start-ups in the agriculture sector with special emphasis on product-based start-ups. The state has also focussed energy on the capacity-building of startup incubation centres. The policy will usher innovation, experimentation, and risk-taking, boosting the spirit of entrepreneurship in the state.