National
Entrepreneurship will be strength of Indian economy: Jaitley (Lead)
New Delhi, Nov 9 (IANS) Union Finance Minister Arun Jaitley on Thursday said entrepreneurship is going to be a strength of the Indian economy as jobs in the public as well as organised private sectors are not enough for the country’s huge working population.
“The strength of the Indian economy is going to be entrepreneurship. There is relevance of both skilling and entrepreneurship in India. In the government, both at Centre and the states, as also public sector enterprises, there is limited capacity of job creation,” Jaitley said.
He was speaking at the National Entrepreneurship Awards 2017 event held on the occasion of the third foundation day of the Ministry of Skill Development and Entrepreneurship.
“In private organised sector, there is a larger capacity for job creation. But even if the two (public and private sectors) are taken together, the jobs are not adequate to service the population,” he said.
On the skilling front, Jaitley said there was need to “chisel” the large human resource and train them for jobs because as the Indian economy expands the requirement for skilled workforce will be large.
The Finance Minister said while in developed countries where the population was stabilising or reducing, it was not the case in India.
“In developed countries, they have difficulty in finding human resource to service their economy. But not so in India. We have more large population and more younger population, that is, more working hands,” he said.
He added India had enough young population to service not only in the country but also in other countries which has resulted in a large Indian diaspora.
“We have to use the excess population for economic benefits. How do we link it with jobs because (educational) degrees do not have nexus with the kind of vocation. Thus, areas of skilling are huge… so that it gets related to certain trades,” he said.
Jaitley noted the economy was changing and with it the country would need specialised and skilled people. While earlier the self-trained did not get social sanction, now those who had certified trainings were moving ahead in the social and economic ladder, he added.
Recounting the benefits of entrepreneurship, he said once the youth moves out of the prohibitions and restrictive framework of job, he can create new ideas for himself.
“It is the survival of the fittest. Whoever comes out with the best entrepreneurial idea, he will be successful,” he added.
Minister for Skill Development Dharmendra Pradhan, who was also present at the function, said that by 2022, India’s workforce will reach about 60 crore.
Emphasising on the role of the working population in creating growth for the country, Pradhan said that in order to take Indian’s GDP to double digits, the country’s youth can play an important role.
He said that there is no alternative to skilling for India’s youth.
In order to promote entrepreneurship, the government has already given Rs 4 lakh crore in Mudra Yojana, of which 3 crore people are new beneficiaries, he said.
–IANS
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Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.
The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.
Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.
Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.
For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.
During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.
Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.
Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .
Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.
In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.
During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.
In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.
He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.
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