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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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Pay Utility Bills With Google ‘Tez’

After users have linked their account, for most utility bills Tez would automatically fetch any available bills

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Google india launches 'Tz' to help people pay their utility bills. Wikimedia Commons
Google india launches 'Tez' to help people pay their utility bills. Wikimedia Commons
  • Now people can pay their bills via Google
  • Google India has launched new app ‘Tez’
  • Through this app, now people can pay utility bills online

Google India on Monday announced that people can now pay water, electricity, DTH and mobile bills with its “Tez” digital payment app without any transaction charges.

Now pay utility bills with google's Tez. Wikimedia Commons
Now, pay utility bills with google’s Tez. Wikimedia Commons

Built on the Unified Payments Interface (UPI), the “Tez” app will bring bill payments for over 80 billers for private and public utility service providers across the country.

“We are adding a specially-designed bill pay experience in ‘Tez’ which will enable users to make a wide range of bill payments, including electricity, water, gas, DTH and insurance from the app,” said Diana Layfield, Vice President, Payments and Commerce, Next Billion Users at Google.

The new bill pay feature would include major utilities like Reliance Energy, BSES and Dish TV and would cover all states and major metros.

Also Read: Google discloses security flaw in Microsoft Edge

Built to support “Bharat BillPay” system, “Tez” would send users a notification when their bill arrives and users would be able to check whether they have paid a bill by simply tapping the biller’s name on their “Tez” home screen.

Users would also be able to view all past payments grouped by bill, as well as manage bills from multiple accounts.

Customers can now pay bills using that app. Pixabay
Customers can now pay bills using that app. Pixabay

Once users have located their biller, they need to enter the number associated with their account to link it to the app and give it an easy name to remember.

After users have linked their account, for most utility bills, the app would automatically fetch any available bills. Users need to just tap on “New Payment” and then “Pay your bills”. IANS

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