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Students From Abroad Must Come to India For Higher Studies, Says PM Narendra Modi

"Homestay is popular throughout the world. We need to promote this in a big way to help our tourism."

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Prime Minister Narendra Modi said on Sunday that his dream was to see students from foreign countries coming to India for higher studies.

Answering a question on educational standards in India, Narendra Modi said: “My dream is that instead of our students going to other countries for higher studies, students from all over the world must come here to study.”

During his visit to Jammu and Kashmir on Sunday, Modi answered queries from students across the country after connecting with them digitally.

Over one lakh students from various sstates were digitally connected with Narendra Modi while over 2.5 crore others were able to connect with this interaction through social media.

On the digital revolution, Modi said: “Humankind has advanced over centuries but due to innovation and technological intervention during the last 40 years, we have taken a quantum jump.

“Digital revolution has changed our lives drastically. Time will come when perhaps coaching and classrooms could also become obsolete.”

Can India become a poverty free country?

Narendra-Modi
Narendra Modi.

“If India decides to rid itself of poverty, there is no power that can keep us poor,” he said.

“We are the fastest growing economy. Empowerment of the middle class is taking place at a fast pace and this is helping many amongst us to get rid of poverty.

“In 2014, rural sanitation was 35 per cent and today it is 98 per cent. We must take a firm resolve to get rid of poverty and it can only happen by empowerment of the poor.”

On linking education and tourism in Odisha, he said: “The first requirement of tourism is to take pride in our tourist places.

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“Unless we pride ourselves on our tourist potential, we cannot fully explore its potential. During my visit to the US, I was shown a 400-year-old landmark in Pennsylvania. In our country, we can boast of thousands of years old landmarks.

“Homestay is popular throughout the world. We need to promote this in a big way to help our tourism.” (IANS)

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Microsoft Ready to Help Indian Startups, Says President Anant Maheshwari

Microsoft is focused as much on selling third party solutions as their own, and this co-sell motion has helped generate $8 billion in revenue for partners within 18 months

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FILE - Microsoft Corp. signage is seen outside the Microsoft Visitor Center in Redmond, Washington, July 3, 2014. VOA

Armed with a cutting-edge technology platform, a well-established partner organisation and an expansion of M12 venture fund, Microsoft is ready to help Indian startups across the spectrum embrace the next phase of growth, Anant Maheshwari, President, Microsoft India, said here on Monday.

India, which saw a tremendous growth in the startup space in the last couple of years, is now witnessing a growth in the business-to-business (B2B) tech startups coming up with innovative ideas to deal with local problems.

“With our intelligent tech expertise, deep focus on trust and unique global go to market partnering, we empower unicorns and startups to scale sustainably at a global level,” said Maheshwari.

“We remain excited about India’s entrepreneurial startup potential and will continue to accelerate it as a growth engine for the economy,” he added.

India witnessed a dramatic rise of eight unicorns in 2018 from among the start-ups across verticals as against a mere nine in six years from 2011 till 2017, according to IT industry apex body Nasscom.

The start-ups joining the select club for their valuation over $1 billion are Oyo Rooms (hospitality), Zomato and Swiggy (food delivery), Udaan (retailer marketplace), Byju’s, (edu-tech), Paytm Mall (e-tail), Freshworks (software programmer) and Policybazaar (digital insurance).

Maheshwari said Microsoft is uniquely positioned to support Indian startups to achieve scale and evolve from market ready to enterprise ready.

Microsoft, Taiwan AI
A man walks past a Microsoft sign set up for the Microsoft BUILD conference at Moscone Center in San Francisco, April 28, 2015. VOA

The introduction of M12, Microsoft’s venture fund, in India in February is creating new value for startups, VCs and the company itself to maintain the pace and direction of innovation.

“M12 is looking at investing in innovators who have aligned their focus on cutting-edge technologies that better enable digital transformation. The portfolio development team at M12 is specifically built to help support and scale companies by leveraging the expansive resources of Microsoft,” said the company.

According to reports, venture capital investments in Indian tech business-to-business (B2B) start-ups have been trending upwards, with over $3.09 billion raised in equity funding across 415 deals in 2018 — 28 per cent more than $2.41 billion in 2017.

Also Read: Facebook’s Push to Become China’s WeChat May Kill it

Under the “Microsoft for Startups” initiative, startups can co-sell with Microsoft sales teams, get access to top tech VCs in the global arena and mentorship from industry veterans.

In less than 18 months, Microsoft for Startups has closed more than 120 co-sell deals with more than $126 million in active pipeline for startups.

Microsoft is focused as much on selling third party solutions as their own, and this co-sell motion has helped generate $8 billion in revenue for partners within 18 months. (IANS)