Bengaluru: Stating that Karnataka through startups would make a significant contribution to the country's economy, Chief Minister Basavaraj Bommai on Sunday said that the state will play a major role in realising Prime Minister Modi's dream of making India a USD 5 Trillion economy.

The Chief Minister in his online message on the occasion of 'National Startup Day' said that the idea of New Karnataka for New India would be made a reality.

"Karnataka will play a major role in realising Prime Minister Modi dream of making India a USD 5 Trillion economy. Through startups a New Karnataka would make a significant contribution to the economy of New India," said Bommai and congratulated the Prime Minister for encouraging the youth to inculcate scientific thinking to face new challenges.

"Karnataka is set to play a big role in the nation's economy in the future. It is a matter of pride that out of 54,000 Startups in the country 13,000 are in Karnataka. Karnataka government has taken a slew of measures to encourage setting up of Startups," said the Karnataka Chief Minister.

He further said that guidance and scientific support is being provided by the government, adding that in accordance with the Prime Minister's wish, Startup Day was celebrated in a meaningful manner in the state.

In the coming days the state government would provide a big boost for startups, innovation, scientific thinking and entrepreneurship, he said.

"Thanks to the long term vision of the Prime Minister, the number of startups which was around 500, has crossed the 54000 mark now. He has given a big push for innovation and startups by setting up a forum to help them and freeing them from the restrictions of the government. The Prime Minister has been the inspiration for the highest growth of startups in the state," said Bommai.