New Delhi, Jan. 16 -- Prime Minister Narendra Modi on Friday said that the Startup India initiative has turned into a major revolution over the past decade, helping India emerge as the world's third-largest startup ecosystem.

Addressing a programme marking a decade of the Startup India initiative on National Startup Day at Bharat Mandapam, PM Modi said, "Remember, what the situation was like 10 years ago... There was no scope for individual effort and innovation at all. We challenged those circumstances, we launched Startup India, and we gave the youth an open sky, and today the result is in front of us. In just 10 years, the Startup India mission has become a revolution. India is today the world's third-largest startup ecosystem."

The ...