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Invest in northeast: DoNER minister to women entrepreneurs

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Guwahati: DoNER Minister Jitendra Singh on Tuesday invited women entrepreneurs from across the country to invest in the northeast and take the lead in developing the region as an industrial hub.

The unique advantage of any women’s initiative was that it has a wider social and public impact and also because a woman holds stake for at least three generations — her parents and in-laws, her husband and brothers, and her children, the minister said while launching the “Swayam” initiative of the Federation of Indian Chambers of Commerce and Industry (FICCI) women’s wing in Guwahati.

Jitendra Singh, who is also minister of state for PMO, personnel, public grievances, pensions, atomic energy and space, said the “Swayam” initiative has already been launched in Delhi and other places, resulting in successful engagement of women in big and small self-employed vocations.

The arrival of “Swayam” in Guwahati, he said, will open a new chapter in the growth of the northeast.

At the same time, it will also open new vistas of opportunity, not only for women but for the entire population of the eight northeastern states, he said.

“In the last few months, a number of new initiatives have been undertaken by the government of India to promote business, industry and consequential job avenues in the region,” he said.

Jitendra Singh spoke about the “Organic Farming Mission”, being pursued in collaboration with the union agriculture ministry, which will not only generate business but also reinforce the identity of the region through its original products.

Similarly, he said, expansion of healthcare entrepreneurship in the region is also being worked out in a big way through private-public participation.

He said that in the health sector, some leading women entrepreneurs have come forward to set up establishments in the northeast.

Jitendra Singh said that in the contemporary society, the time has come to seek not merely employment but long-term employability, and for this, the “Swayam” initiative holds the promise to go a long way.

“In addition, when we talk of ‘Act East’ policy to do business with the countries across the eastern borders, it is imperative to generate original growth products proximal to the eastern borders within northeast so that they get takers from across the borders,” he added.

(IANS)

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Tech Giant Google Decides to Invest $1 Billion in Housing Across Bay Area

Google last week announced a $6 million grant to support 4-H, the largest youth development organisation in the US

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FILE - A woman walks past the logo for Google at the China International Import Expo in Shanghai, Nov. 5, 2018. VOA

After announcing a fresh investment of $600 million in expanding its data centre in Oklahoma, Google has now decided to invest $1 billion for 20,000 homes in the Bay Area in San Francisco.

“Today we’re announcing an additional $1 billion investment in housing across the Bay Area. Over the next 10 years, we’ll repurpose at least $750 million of Google’s land, most of which is currently zoned for office or commercial space, as residential housing,” Google Chief Executive Officer Sundar Pichai wrote in a blog-post on Tuesday.

The project is aimed at supporting the development of at least 15,000 new homes at all income levels in the Bay Area, including housing options for middle and low-income families.

“We’ll establish a $250 million investment fund so that we can provide incentives to enable developers to build at least 5,000 affordable housing units across the market,” Pichai said.

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FILE – The Google logo is seen at a start-up campus in Paris, France, Feb. 15, 2018. VOA

In addition to the increased supply of affordable housing, the search engine giant has also announced to give $50 million in grants through Google.org to nonprofits focused on the issues of homelessness and displacement.

“This builds on the $18 million in grants we’ve given to help address homelessness over the last five years, including $3 million we gave to the newly opened SF Navigation Center and $1.5 million to affordable housing for low income veterans and households in Mountain View,” Pichai added.

Also Read- Monthly Data Usage Per Smartphone Highest in India, States a Report by Ericsson

Earlier this week, as part of its plan to invest $13 billion in building new data centres and offices in over a dozen states in the US this year, the company invested $600 million in Pryor, Oklahoma.

To boost computer science education in the US, Google last week announced a $6 million grant to support 4-H, the largest youth development organisation in the US. (IANS)