Commerce and Industry Minister Shri Suresh Prabhu went live on social media to address the startup community in India.

He appreciated the role of startups in building economy and society and congratulated the startup community. He said that world around is changing fast and startups are poised not only to take advantage of change but also trigger change. He expressed that future is bright for people who are willing to take risks.

Mr. Prabhu conveyed to the startup community that he considers himself responsible towards the startups family. He expressed his commitment to promote startups. Talking about the role of Government, he said that this Government under the able leadership of Honorable Prime Minister Shri Narendra Modi is working on to remove obstacles and promote startups. He said that the "Power of the State" will push the startup ecosystem towards greater success.

He wished the startup community well and exhorted them to shine, succeed and excel

Government commitment to promote startups: active facilitation and removal of obstacles to strengthen the entrepreneurial ecosystem. The Minister affirms a sustained government commitment to promote startups by actively removing obstacles and employing the power of the State to strengthen the startup ecosystem, characterising startups as drivers of economic and social change and endorsing risk-taking and facilitative executive action without specifying particular regulatory measures.