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SRCC to help students setting their own start-ups

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By- Tarun Pratap

New Delhi: Shri Ram College of Commerce (SRCC) has initiated a new trend. SRCC with a 100 per cent placements record is setting up first of its kind incubator to help the students set their own start-ups.

The top DU college is also going to change their policy to assist the students who want to set a start-up but if things don’t work out, they can opt for placements.

SRCC, famous for its track record of placements and high cut-offs is one of the leading art colleges of the country.

The trend in last few years has shown that the top firms are leaning towards the art students other than engineering and traditional technical course students.

The college has roped many of its alumni who have successfully set their start-ups and running it. They will help the college to set up this project.

With SRCC being a leading college, it is likely that soon, other colleges will also follow this. This will also contribute to the government’s Make in India campaign.

The one biggest profit of these start-ups is that the young talented students would be working in India itself than the corporations based overseas. This will boost the economy of India.

However, it is not easy at all to start something without the experience and that is why guidance becomes very necessary and this is where this initiative by SRCC, is an important step.

The rise of the internet and e-commerce also motivates a lot of young business people to set a start-up.

While, a lot of top firms come and offer lucrative packages to these freshers, but it also means that they for these firms and it sometimes takes away the scope for creativity and freedom and start-ups provide the chance where a young mind can give her ideas a form and build something constructive out of it.

SRCC’s idea to help students in setting their start-ups is a good start. India which has the biggest youth population in the world needs to capitalize on these numbers and it will happen when young mind bring out creative ideas along with the hard work. The hard work which they do for these firms will be much handy if it is done for their own ideas.

(With inputs from agencies)

 

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Microsoft to hardsell AI to transform Indian businesses

Through the use of remote-sensing data from satellite images, the farmers are given sowing advisories for each climate and also predictions for the prices of crops

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Microsoft on Wednesday said it would work with 650 Indian vendors to deploy its Artificial Intelligence (AI) solutions for improving and transforming Indian businesses across verticals.

“We are working with our partners to bring AI to all sectors in India, which offers a huge opportunity to create a positive impact in the world over. Our partners will give solutions to solve societal and business problems,” said Microsoft India President Anant Maheshwari at the company’s conference here.

AI will help Indian businesses to grow.

The Indian arm of the US-based tech firm showcased its recent AI solutions at the event on “AI for all in India”, where its partners converged to drive the new disruptive technology. The multinational technology firm is working to “democratise” the AI technology and make it available for all, said Microsoft’s Executive Vice President, Business Development, Peggy Johnson.

“As we discover newer challenges in the world we live in, AI can help us find better and more sustainable solutions,” she said. Through a tie-up with city-based healthcare firm named Forus Health, Microsoft said it has put together its AI-based retinal imaging interface into Forus Health’s digital imaging devices to examine and evaluate a human eye.

Also Read: Microsoft completes renewable energy deal for Bengaluru facility

The AI technology is expected to help in identifying diabetic retinopathy (a complication of diabetes that affects the eye) among diabetic population. Microsoft is also working with other partners and vendors like Indian e-tail major Flipkart, Indian online cab aggregator, Ola, for its automated entertainment system Ola Play among others for AI-based solutions including demand forecasting, fraud detection, customer segmentation etc.

This AI can also predict prices of crops.

The technology is also being put to use to forecast the agricultural output, for which Microsoft is working with the Karnataka Agricultural Price Commission, under the state’s Department of Agriculture.

Through the use of remote-sensing data from satellite images, the farmers are given sowing advisories for each climate and also predictions for the prices of crops such as “toor dal” depending on the output, in advance, thereby helping farmers manage their crops better. Several of Microsoft’s partners are also making use of facial recognition and text analytics solutions, which make use of AI. IANS