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‘Start Up India’ initiative to boost jobs: NRN

Appreciating Prime Minister Narendra Modi's Start Up India programme, Infosys co-founder Narayana Murthy said it will encourage entrepreneurship and generate jobs.

Appreciating Prime Minister Narendra Modi's Start Up India programme, Infosys co-founder Narayana Murthy said it will encourage entrepreneurship and generate jobs.

“At the end of the day... it is about the power of entrepreneurship, how it can create lots of jobs and how there is a need to encourage our youngsters to create even more jobs,” he said while commenting on the Start Up India initiative.

The Prime Minister during his Independence Day speech had announced that government would launch Start Up India programme to encourage innovation and young entrepreneurs. Modi is slated to unveil the action plan under the initiative on January 16.

Recalling that Infosys itself was a startup company, Murthy said it has generated 1.70 lakh “good jobs” for youngsters in the country.

He further said startups attract a lot of finance and can create 3-4 times more jobs than listed companies.

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