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Start-ups will accelerate Entrepreneurship: Rajeev Chandrasekhar

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New Delhi: India’s recent priority on start-ups will accelerate entrepreneurship to create jobs and help in changing the country’s demographic dividend, which may prove to be a competitive advantage in the global economy, Rajya Sabha member Rajeev Chandrasekhar has said.

“This focus on start-ups is important in many different ways – as an alternate to big corporate India’s lack of investments into the economy, as a way of catalysing entrepreneurship to create jobs, and as a way of tapping the demographic dividend of India as a competitive advantage in the global economy,” Chandrasekhar said here on Friday evening at an interactive session on Net neutrality and start-ups.

Prime Minister Narendra Modi launched the ‘Start-up India, Stand-up India’ action plan last week.

Chandrasekhar said start-ups in India have had two traditional significant obstacles. The corruption  and second the destructive power of big corporates in India who through their political power and influence, can stop dead a start-up if it attempts to compete with them.

“I have experienced both first hands, and so, can testify to the power of both to disrupt the best start-ups. It is this that makes most start-ups focus on the tech sector because of the minimal influence of government and corporate into that space,” Chandrasekhar said.

“But it’s necessary for our policy makers to address these issues with deeper structural reforms that broadens the start-up India appeal to non-tech sectors,” he added.

He said the open nature of the Internet has spurred innovation and enabled startups to flourish. “The success of Google, Facebook or of several Indian startups, including those founded by the below signatories to this letter, is a result of the open nature of the Internet that permitted innovation without any entry barriers.”

But he slammed the Telco’s, saying telecom firms that control access to the Internet will try and creep and acquire control on parts of the Internet to gain part of that value.

“But in contrast, a start-up needs unfettered access to the Internet, without Telco’s controlling and gatekeeping access to parts of the Internet in an anti-competitive manner.”

“If government policy permitted this, it would in a sense negate all the pluses accruing from the start-up India action plan announced by the government, as start-ups would have to pay the Telco’s an ‘access fee’ or get into some commercial arrangement whereby they pay the Telco to get ‘preferential access’ to their web content over others,” he added.(IANS)

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Social Media Giants Facebook, Twitter Face Action From Russia Over Legal Violations

After no responses, the agency said that "Roskomnadzor begins administrative proceedings against both companies", reported The Wall Street Journal

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Facebook, data, vietnam
This photo shows a Facebook app icon on a smartphone in New York. VOA

Accusing Facebook and Twitter of defying the law of the land, the Russian government has opened legal proceedings against the social media giants for not complying to local data protection laws.

According to a report in RT.com late Monday, Roskomnadzor, the Russian censorship agency, said that Facebook and Twitter failed to comply with a law requiring all servers that store personal data to be located in the country.

“The tech giants instead handed ‘formal answers’ to the authorities’ previous inquiries. The agency also pledged to take legal action against the internet companies,” said the report.

Russian privacy laws require foreign online service providers to store users’ personal data on servers located within the country.

Twitter, India, Smartphone
Twitter on a smartphone device. Pixabay

“Facebook and Twitter are reportedly negotiating the issue with Russian authorities, as the companies have not yet moved their servers to Russia,” added the report.

Roskomnadzor sent letters to Facebook and Twitter on December 17, giving them 30 days to provide “a legally valid response”.

Also Read- The Great U.S. Government Shutdown

After no responses, the agency said that “Roskomnadzor begins administrative proceedings against both companies”, reported The Wall Street Journal. (IANS)