PM Modi addresses a mega rally in Rajampet, Andhra Pradesh

Published By : Admin | May 8, 2024 | 15:55 IST
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With the Lok Sabha Elections of 2024 approaching, Rajampet, Andhra Pradesh celebrated the grand arrival of PM Modi. Speaking to the enthusiastic crowd at a public meeting, the PM shared his vision of a Viksit Andhra Pradesh and exposed the true motives of the Opposition.

Initiating his address, PM Modi expressed his heartfelt thoughts in an open dialogue and questioned the crowd, “Farmers are struggling here, and the youth are forced to seek employment in other cities. Isn't it time for a change? So, what's the solution? A double-engine government in Andhra Pradesh.”

PM Modi turned his attention to the people of Andhra Pradesh. Reflecting on recent developments, he remarked, “The people of Andhra Pradesh had high hopes when they elected the YSR Congress government. But have they betrayed you? Instead of development, they've fostered mafia culture, neglecting the needs of the poor. It's shocking to see YSR Congress ministers engage in hooliganism and promote lawlessness. The devastating consequences of the sand mafia were evident when the Annamayya Dam broke, causing damage to 25-30 villages and claiming dozens of lives.” With a sense of urgency, he added, "This government is fostering such mafias," as he targeted the opposition.

In a compelling address, PM Modi reminded the audience, "When the government is strong, the country is strong." He asked, "So, is India strong today?" Reflecting on Indian expatriates in the Gulf, he questioned, "Do you feel that respect for Indians in the Gulf has increased?" Highlighting his government's intervention in a crisis in Qatar, he emphasized, "Modi brought them back safely." Urging support for the NDA, he remarked, "That's why every vote should go to the NDA."

In a fervent state, PM Modi highlighted his relentless efforts towards nation-building, pushing the country forward day and night. However, he warned the audience of the Congress' intentions to reverse progress. "The Congress threatens to undo significant achievements of the last 10 years," he declared. He listed their promises to bring back Article 370, cancel the CAA, and halt free ration and medical treatment schemes. Moreover, he added, "They claim they will overturn the Supreme Court's decision on the Ram Mandir and even consider locking it." He posed a crucial question to the audience, "Would you accept this?"

PM Modi drew attention to a concerning trend within the Congress party. He remarked, “The Congress party has lost touch with India's culture and heritage. It's completely disconnected from its roots, always harbouring divisive thoughts. Their mindset sees the country in pieces, leading to statements that undermine national unity. Recently, a senior Congress leader made shameful remarks, indicating the party's divisive mindset. They suggested that people from the North East resemble Chinese, those from South India look like Africans and people from Western India resemble Arabs. This attitude extends to North Indians being compared to whites. Such racist remarks are unacceptable. Congress, once responsible for dividing the country for power, is now resorting to divisive language against fellow Indians. Their desperation is evident, but the country sees through it. Will you hold Congress accountable for such thinking?”

In a stark revelation, the PM warned the audience about the INDI Alliance's intentions and said “They claim they will provide full reservation for SC/ST/OBC to the minority. Can you imagine the intentions of the INDI Alliance? They plan to completely abolish the reservation for SC/ST/OBC. Instead, they want to give full reservation to Muslims.” Emphasizing the constitutional violation and showing grave concern, he added, “Our constitution prohibits reservation based on religion. Hence, they aim to amend the Constitution.”

Looking ahead, PM Modi outlined plans for the next 5 years “In the next 5 years, we will establish special storage clusters for vegetables such as tomatoes. The Banana Processing Cluster in Pulivendula has already been a great success, benefiting both farmers and youth. Over the next 5 years, we aim to further expand the food processing industry. Additionally, he assured, “Farmer Producer Organizations (FPOs) will receive assistance in this endeavour.”

In conclusion, PM Modi urged, “All NDA candidates must be elected as MLAs and MPs” and additionally, to convey his gratitude door-to-door with a "Namaskar."

Click here to read full text speech

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Cabinet approves Startup India Fund of Funds 2.0 to Mobilize Venture Capital for India’s Startup Ecosystem
February 14, 2026
Rs. 10,000 crore corpus to support deep tech, tech-driven innovative manufacturing startups, and early-growth stage startups

In a major boost to India’s growing startup ecosystem, the Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, has approved the establishment of the Startup India Fund of Funds 2.0 (Startup India FoF 2.0) with a total corpus of Rs. 10,000 crore for the purpose of mobilizing venture capital for the startup ecosystem of the country.

The Scheme is designed to accelerate the next phase of India’s startup journey by mobilising long-term domestic capital, strengthening the venture capital ecosystem, and supporting innovation-led entrepreneurship across the country.

Launched under the Startup India initiative, Startup India FoF 2.0 builds on nearly a decade of sustained efforts to make India one of the world’s leading startup nations. Since the launch of Startup India in 2016, India’s startup ecosystem has witnessed an extraordinary transformation growing from fewer than 500 startups to over 2 lakh Department for Promotion of Industry and Internal Trade (DPIIT)-recognised startups today, with 2025 marking the highest ever annual startup registrations.

Building on Fund of Funds for Startups 1.0

The Startup India FoF 2.0 follows the strong performance of the Fund of Funds for Startups (FFS 1.0), which was launched in 2016 to address funding gaps and catalyse the domestic venture capital market for startups.

Under FFS 1.0, the entire corpus of Rs. 10,000 crore has been committed to 145 Alternative Investment Funds (AIFs). Such supported AIFs have invested over Rs. 25,500 crore in more than 1,370 startups across the country in sectors such as agriculture, artificial intelligence, robotics, automotive, clean tech, consumer goods & services, e-commerce, education, fintech, food & beverages, healthcare, manufacturing, space tech, and biotechnology amongst others.

FFS 1.0 played a pivotal role in nurturing first-time founders, crowding in private capital, and helping build a strong foundation for India’s venture capital ecosystem.

Key Features of the Scheme:

While the first phase built the ecosystem, Startup India FoF 2.0 is designed to take Indian innovation to the next level. The new fund will have a targeted, segmented funding approach to support:

  1. Deep tech and tech-driven innovative manufacturing: Prioritizing breakthroughs in high-tech areas that require patient, long-term capital.
  2. Empowering early-growth stage founders: Providing a safety net for new and innovative ideas, reducing early-stage failures caused by lack of funding.
  3. National reach: Encouraging investment beyond major metros so that, the innovation thrives in every corner of the country.
  4. Designed to address high‑risk capital gaps: Directing greater capital to priority areas which are important for self-reliance and boosting economic growth.
  5. Strengthen India’s domestic venture capital base, particularly smaller funds to further boost the domestic investment landscape.

Startup India FoF 2.0 is expected to play a pivotal role in shaping India’s economic trajectory, leading to transformational impact.

Startup India Fund of Funds 2.0 is expected to play a critical role in advancing India’s innovation-led growth agenda. By supporting startups that build globally competitive technologies, products, and solutions, the Fund will contribute to strengthening India’s economic resilience, boosting manufacturing capabilities, generating high-quality jobs, and positioning India as a global innovation hub.

Aligned with the national vision of Viksit Bharat @ 2047, the Fund represents the Government’s continued commitment to empowering entrepreneurs, fostering innovation, and unlocking the full potential of India’s startup ecosystem.