<p>"Don't be a Lite version", be original, Prime Minister Narendra Modi told budding technocrats as he exhorted them to explore setting up start-up ventures.</p>.<p>Addressing the 51st annual convocation of IIT-Delhi, Modi listed out initiatives of the government for funding start-up ventures, including a Rs 10,000 crore 'Fund of Funds' and tax exemptions for setting up new businesses.</p>.<p>“Focus on quality – never compromise. Ensure scalability – make your innovations work at a mass scale. Assure reliability – build long-term trust in the market. Bring in adaptability – be open to change and expect uncertainty as a way of life,” the Prime Minister said addressing the gathering through a video link.</p>.<p>He asked students to be flexible and humble as they set out to achieve their goals in life.</p>.<p>“At no point of your life must you shed your identity. Never be a 'Lite Version' of someone or something. Be the original version. Champion whatever values you believe in,” he said.</p>.<p>“At the same time, never hesitate from fitting into a team. Individual efforts have their limits. The way ahead lies in teamwork. Teamwork brings completeness,” the PM said.</p>.<p>He also asked students to be rightfully proud of their success and achievements.</p>.<p>The Prime Minister said the government was encouraging innovation in diverse fields ranging from agriculture to space science.</p>.<p>“For the first time, we have cleared the way for private investments in the space sector. We have also removed restrictions that tied up the fin-tech sector and allowed facilities such as 'work from home' and 'work from anywhere', besides simplifying the other services provider guidelines,” Modi said.</p>.<p>“These initiatives would make the country's IT sector more competitive globally and create opportunities for young talent,” he said.</p>.<p>Education Minister Ramesh Pokhriyal Nishank was present at the convocation ceremony at the IIT-Delhi campus, where a total of 2,019 graduating students were awarded degrees.</p>
<p>"Don't be a Lite version", be original, Prime Minister Narendra Modi told budding technocrats as he exhorted them to explore setting up start-up ventures.</p>.<p>Addressing the 51st annual convocation of IIT-Delhi, Modi listed out initiatives of the government for funding start-up ventures, including a Rs 10,000 crore 'Fund of Funds' and tax exemptions for setting up new businesses.</p>.<p>“Focus on quality – never compromise. Ensure scalability – make your innovations work at a mass scale. Assure reliability – build long-term trust in the market. Bring in adaptability – be open to change and expect uncertainty as a way of life,” the Prime Minister said addressing the gathering through a video link.</p>.<p>He asked students to be flexible and humble as they set out to achieve their goals in life.</p>.<p>“At no point of your life must you shed your identity. Never be a 'Lite Version' of someone or something. Be the original version. Champion whatever values you believe in,” he said.</p>.<p>“At the same time, never hesitate from fitting into a team. Individual efforts have their limits. The way ahead lies in teamwork. Teamwork brings completeness,” the PM said.</p>.<p>He also asked students to be rightfully proud of their success and achievements.</p>.<p>The Prime Minister said the government was encouraging innovation in diverse fields ranging from agriculture to space science.</p>.<p>“For the first time, we have cleared the way for private investments in the space sector. We have also removed restrictions that tied up the fin-tech sector and allowed facilities such as 'work from home' and 'work from anywhere', besides simplifying the other services provider guidelines,” Modi said.</p>.<p>“These initiatives would make the country's IT sector more competitive globally and create opportunities for young talent,” he said.</p>.<p>Education Minister Ramesh Pokhriyal Nishank was present at the convocation ceremony at the IIT-Delhi campus, where a total of 2,019 graduating students were awarded degrees.</p>