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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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President Ram Nath Kovind Pays His Condolences to Former UN Chief Kofi Annan

Annan was awarded the Nobel Peace Prize jointly with the UN in 2001 "for their work for a better organised and more peaceful world".

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India condoles former UN chief Kofi Annan's death.
India condoles former UN chief Kofi Annan's death. Flickr

India on Saturday condoled the death of former UN Secretary General and Nobel laureate Kofi Annan with President Ram Nath Kovind expressing his condolences to the former Ghanaian diplomat’s family and the UN community as a whole.

“Sorry to learn of the passing of former Secretary General of the United Nations Kofi Annan,” Kovind said on the Rashtrapati Bhavan Twitter handle.

“My condolences to his family and to the UN community,” he stated.

Annan, 80, died on Saturday in Switzerland after a short illness, with his wife and three children by his side.

“It is with immense sadness that the Annan family and the Kofi Annan Foundation announce that the former Secretary General of the UN and Nobel Peace Laureate, passed away peacefully on Saturday 18th August after a short illness,” his family said.

Kofi Annan
Annan was the first black African to take up the role of the world’s top diplomat, serving two terms from 1997 to 2006. Flickr

Annan was the first black African to take up the role of the world’s top diplomat, serving two terms from 1997 to 2006. He later served as the UN special envoy for Syria, leading efforts to find a peaceful solution to the conflict.

He also led a UN commission to investigate the Rohingya refugee crisis in Myanmar.

The Myanmar government led by Aung San Suu Kyi supported Annan’s recommendations on the crisis in the country’s Rakhine State.

Also Read: New AI Model to Identify the Risk of Heart Disease in Indians

Annan was awarded the Nobel Peace Prize jointly with the UN in 2001 “for their work for a better organised and more peaceful world”.

His tenure as the UN chief coincided with the Iraq war and the HIV/Aids pandemic. (IANS)