New Delhi: Addressing the nation, today, through his bi-monthly Mann Ki Baat radio talk, Prime Minister Narendra Modi said, that the action plan for the 'Start-up India, Stand up India' initiative would be announced on January 16.

"On January 16, the government of India will unveil the full Action Plan of Start-up India, Stand-up India," he said

"I had briefly touched upon 'Start Up India, Stand Up India' in my August 15 address from Red Fort. Start Up India, Stand Up India has brought a huge opportunity for the youth. On January 16, we are coming out with an action plan on start-ups," he added.

He emphasised on the inevitability of innovation for the advancement of the world.

"Can India be a 'Start-up Capital'? Can the youth in the states have the opportunities in the form of start-ups, with innovations, whether it be manufacturing, service sector or agriculture? In everything, there should be freshness, new ways, new thinking. The world cannot move ahead without innovation," he said.

He also added that the nation's premier technical institutes would be co-opted into the scheme to link more youths of the country.

"This programme will be connected to the country's IITs, IIMs, central universities and NITs. Wherever there is youth, they will be linked through 'live connectivity," he said.