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‘Startup India’ lauded by FICCI

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New Delhi: The Federation of Indian Chambers of Commerce and Industry(FICCI) and other business associations on Saturday lauded the ‘Startup initiative’ and said that it was a landmark moment in Indian history.

“It is indeed a landmark moment and a major shift as we are looking at an unshackled regime where the government would merely be a facilitator of the entrepreneurship in the country that would provide employment for our large young population,” stated Harshvardhan Neotia, president of FICCI.

He expressed his confidence that with ‘Start-up India’, the ecosystem has been envisioned and incentive put in place for large numbers of young entrepreneurs in the country to come forward with innovative start-ups.

FICCI sent a 100-member delegation of young innovators and startups to participate in ‘Start-up India’ initiative launched by Prime Minister Narendra Modi.

India Electronics and Semiconductors Association (IESA) president MN Vidyashankar said: “We are elated by the fact that India has the third-largest number of startups globally. IESA applauds the government to be a facilitator to build the start-up nation. With the government’s support, a start-up can be built in a day which will definitely motivate many young entrepreneurs.”

He highlighted Modi’s announcement of legal support for filing patents at free of cost and 80 percent reduction in patent fee would boost the confidence of entrepreneurs.

“The action plan of a corpus of Rs10,000 crore made through a Fund of Funds is a major and important decision taken by the government which would enable an entrepreneur to start up from the non-urban areas of India as well,” said Vidyashankar in a statement.

WudStay founder Prafulla Mathur, Girnar Soft founder Anurag Jain, AsaanJobs co-founder Dinesh Goel and Kaaryah founder and CEO Nidhi Agarwal among others also gave a thumbs up for the ‘Start-up India’ programme.

National Skills Development Corporation (NSDC) CEO Jayant Krishna said: “This is just the beginning, we will see start-ups driving the social-economic growth. Start-up India offers immense opportunity to the youth where the government is also assuring them the ease of doing business.”(IANS)

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India, Canada Pledge To Fight Terrorism In All Forms

Modi and Trudeau also welcomed the agreement on a bilateral Framework for Cooperation on Countering Terrorism and Violent Extremism that was signed between the two countries

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India Canada pledges to fight terrorism of all kinds together. Facebook
India Canada pledges to fight terrorism of all kinds together. Facebook
  • India and Canada pledged to fight terrorism in all its forms
  • Modi and Trudeau also agreed on the Framework for Cooperation on Countering Terrorism and Violent Extremism
  • Both the countries are looking forward to a cooperative future

India and Canada on Friday pledged to combat terrorism in all its forms and manifestations while declaring that no country should allow its territory to be used for terrorist and violent extremist activities.

The assertion by the two countries came in a joint statement issued after talks between Prime Minister Narendra Modi and his Canadian counterpart Justin Trudeau and assumes significance in the context of perceived softness on the part of Canada towards Khalistani separatists operating on its soil.

India and Canada pledged to fight terrorism together. www.affairscloud.com
India and Canada pledged to fight terrorism together. www.affairscloud.com

“Recognising that terrorism, violent extremism and radicalisation to violence present acute challenges to global peace, stability and prosperity, the leaders resolved to combat terrorism and violent extremism in all their forms and manifestations,” the joint statement said.

“They called for bringing terrorists to justice and holding accountable state sponsors of terrorism, including cross-border terrorism. They further emphasised that no country should allow its territory to be used for terrorist and violent extremist activities.”

Modi and Trudeau also welcomed the agreement on a bilateral Framework for Cooperation on Countering Terrorism and Violent Extremism that was signed between the two countries.

The Framework recognised the urgent imperative to disrupt recruitment, terrorist movements and the flow of foreign terrorist fighters, address the threat posed by cross-border and state-sponsored terrorism, stop sources of terrorist financing, dismantle terrorist infrastructure and prevent the supply of arms to terrorists and counter violent extremism and radicalisation to violence.

The two sides emphasised the need to deny operating space to terrorist and violent extremist groups.

Framework for Cooperation on Countering Terrorism and Violent Extremism was signed between the two countries. Wikimedia Commons
Framework for Cooperation on Countering Terrorism and Violent Extremism was signed between the two countries. Wikimedia Commons

Under the Framework, both sides committed to further develop exchanges and facilitate effective cooperation in the fields of security, finance, justice, and law enforcement, including, where appropriate, at the operational level.

Also Read: ‘Vanakkam!’ Tweets Canadian PM: Justin Trudeau Joins over 200,000 People at the Biggest Tamil Diaspora Festival in Toronto

It consists of institutionalised cooperation between the National Security Council Secretariat of India and the office of Canada’s National Security and Intelligence Advisor, and regular exchanges and coordination between India and Canada, which will be guided by the joint National Security Advisors’ Dialogue.

The joint statement further said that to reaffirm the importance of lawful commerce and the freedom of navigation and over-flight throughout the Indo-Pacific region, in accordance with international law, including the rights and jurisdiction of states under UN Convention for Law of the Sea (Unclos), the two leaders supported bolstering regional connectivity through transparent development of infrastructure and use of responsible debt financing practices, while ensuring respect for sovereignty and territorial integrity, the rule of law and environment.

Modi and Trudeau also expressed “strong concern” over the prevailing security situation in Afghanistan and the recent political developments in the Maldives and their implications for free society.

The Two Countries will work together towards peace.
The Two Countries will work together towards peace.

On the economic side, both leaders agreed to realise the full potential of bilateral trade and investment and both sides will renew efforts to expand and diversify bilateral economic and commercial relations.

“They will also intensify negotiations to finalise a Comprehensive Economic Partnership Agreement and a Bilateral Foreign Investment Promotion and Protection Agreement,” the statement said. Modi and Trudeau also agreed to strengthen bilateral and international cooperation to address climate change and secure a clean energy future and committed to promoting the implementation of the Paris Agreement.

“The leaders welcomed the initiative to establish the (India-initiated) International Solar Alliance to promote renewable energy for sustainable development,” the statement said. “They urged research institutions and industry in both countries to collaborate to promote greater use of solar technology.”

Also Read: India and Canada to Jointly Issue Two Sets of Diwali Themed Postal Stamps

It stated that the two leaders “underscored the importance of accelerating the global transition to affordable, reliable, sustainable and modern energy sources and acknowledged that renewable energy is a pathway to a low-carbon and more sustainable energy system”.

“Recognising the dynamic role of people-to-people ties in the India-Canada partnership, the leaders reaffirmed their commitment to address consular issues of mutual concern through discussion between the concerned officials,” the statement said. “They welcomed the expansion of direct air connectivity between Indian and Canadian cities.” IANS

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