STOCK MARKET BSE NSE

Bridge urban-rural divide: Naidu

Create an ecosystem for entrepreneurship to thrive and encourage youth to become job creators and not job seekers, said Vice-President M Venkaiah Naidu.

Published: 02nd April 2019 03:47 AM  |   Last Updated: 02nd April 2019 10:42 AM   |  A+A-

Vice-President Venkaiah Naidu presenting woman achiever Business Excellence Award-2019 at a function in Bhubaneswar on Monday | Irfana

By Express News Service

BHUBANESWAR:  Create an ecosystem for entrepreneurship to thrive and encourage youth to become job creators and not job seekers, said Vice-President M Venkaiah Naidu.Addressing the summit on ‘Empowering young grampreneurs to create jobs’ organised by Bharatiya Yuva Shakti Trust (BYST), here on Monday, Naidu said unemployment is an area of major concern not only for India but all nations. The possible way to address unemployment was to “create the right ecosystem for youngsters to become entrepreneurs and set up their own business”, he added.

The Vice-President said there should not be any scope for urban-rural divide and entrepreneurs in the countryside should be provided the required funds, mentorship, skills and training to enhance their confidence and make them self-reliant.

Observing that empowerment of women was central to achieve the objective of inclusive, equitable and sustainable development, Naidu said women should be encouraged to take up entrepreneurship.
Stating that small and medium enterprises play an important role in economic development, Naidu said these industries are often located in rural areas and play a vital role in preserving India’s traditional skills and handicraft and handloom products.

Appreciating Odisha’s efforts in creating a conducive atmosphere for the startups, Naidu said, “Odisha has achieved the status of top performer on startup initiatives as per the rankings of Department of Industrial Policy and Promotion, Government of India. The State has an exciting future and endless opportunities.”
During the event, he presented awards to achievers in rural entrepreneurship and launched BYST entrepreneur online learning in Odia.

The summit was organised by BYST, a non-profit organisation, in collaboration with Tata Steel Limited, JK Paper Limited and the Confederation of Indian Industry (CII).The summit showcased the works done by BYST and Tata in Jajpur from 2015 and by the non-profit organisation and JK in Rayagada since 2017. So far, BYST, Tata and JK have produced about 700 new ventures in Jajpur and Rayagada regions.

Also speaking at the event, BYST’s founding and managing trustee Lakshmi V Venkatesan  said, “We began this journey in Odisha about five years ago to empower young grampreneurs create jobs. Our mentors go to villages, meet entrepreneurs and support them to create successful businesses.”Governor Prof Ganeshi Lal, Tata Steel Limited’s CSR chief Sourav Roy and president and director of JK Paper Limited AS Mehta were also present at the event.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp