Dr Jitendra says industry linkage and private sector involvement are imperative for sustainable start ups and economic growth
Jammu 21 September :- Union Minister Dr Jitendra Singh today stressed the importance of industry linkages and private sector involvement, saying both are imperative for sustainable start ups and sustainable economic growth of India.
Addressing the Lead Impact Conclave here, Dr Jitendra Singh said for its part, the government has created an enabling ecosystem by providing industry linkages for start ups to boost their ventures and propel the Indian economy. He said start ups have emerged as a lucrative and sustainable source of livelihood.
Dr Jitendra Singh said with one lakh 70 thousand start ups, India ranks 3rd in the world. He highlighted that about 60 thousand of these start ups are led by women who have become successful agri entrepreneurs. The Minister said the Purple Revolution born in J&K is a shining example of success of agri startups run by the youth. He said States like Himachal Pradesh, Uttarakhand and Arunachal Pradesh have drawn inspiration from this revolution, taking up lavender cultivation on a large scale to offer alternate and sustainable source of livelihood to the youth and free them from the mindset of government jobs. He said the youth engaged in start ups are earning in lakhs and are creating employment opportunities for others.
The Minister informed that 50 per cent of the start ups are in tier 2 and 3 cities and towns, such as Surat, Vijayawada, Kanpur etc.
Dr Jitendra Singh said the government has brought in schemes like Mudra yojana, PM SvaNidhi Yojana and PM Vishwakarma yojana to provide financial support to small and medium enterprises, street vendors and transitional artisans to boost their businesses. He said the government is also promoting khadi products under vocal for local. He urged the participants of the conclave to avail of the benefits of various schemes and programmes for the promotion and development of production, sales and employment in the Khadi Sector.
Dr Jitendra Singh called for organising workshops in rural areas to create awareness about these schemes so that maximum people can benefit from them.
Dr Jitendra Singh called for collaboration between the industry and academic institutions in areas which are relevant in future.
The Minister pitched for research on futuristic themes which would be relevant in coming years. Dr Singh the next revolution would be bio-driven. The Minister said in a paradigm shift, bio products like bio-fuels and genetically modified crops would become a major contributor to the economy and make India self-reliant. He said the world expects India to take the leadership role in the times to come. He said the youth will be the leaders of a developed India when the nation completes 100 years of its Independence in 2027.
Dr Jitendra Singh said it is with this objective that the government unveiled the National Education Policy to equip the youth with right skills and training to make them future ready.