Press Esc to close
Sunday 29 May 2016
News updated at 2:07 AM IST
Weather
Max: 33°C
Min : 21.9°C
In Bengaluru
Generally cloudy

Pitroda bets on 8% plus GDP growth

Bangalore, June 20, 2013, DHNS:

Advisor to Prime Minister Sam Pitroda, on Thursday, said he was confident that India’s growth rate would continue to be at around eight per cent or more.

Addressing a gathering here through Skype from his New Delhi office, he said: “I believe we (India) will continue to grow at eight per cent and above for more time to come. Technology will be key and I am glad that our young are participating in entrepreneurship.”

He said future depends on generating jobs for the young and not the young taking up jobs. Pitroda was addressing a host of students, companies and representatives of the government of Karnataka participating at ‘Manthan’ a business development event organised by Federation of Karnataka Chamber of Commerce and Industry (FKCCI).

“We will need to generate 10-15 million jobs annually from now on, and the government is not going to generate this. We need youngsters to become innovators and entrepreneurs, even outside the spectrum of telecom and information technology,” he said. The need for innovation, he said, was in healthcare, education among others. He urged the government to simplify procedures to create an ecosystem conducive for entrepreneurship. “India has innovation, but we do not have entrepreneurs, and that is because we do not have such an ecosystem,” he said.

FKCCI President K Shiva Shanmugam said: “Over 140 students had presented 58 abstracts of which 12 were shortlisted.” A Bangalore team’s presentation––Green Cow Feed Additives––was adjudged best.


Go to Top

Photo Gallery
Students celebrate their success after CBSE announced its 10th class results...

Students celebrate their success after CBSE announced its 10th class results...

A Group of Bengaluru Mothers getting prepared for the Babywearing dance to be held next month...

A Group of Bengaluru Mothers getting prepared for the Babywearing dance to be held next month...

Volunteers clean Tapi river to celebrate the completion of two years of Modi government...

Volunteers clean Tapi river to celebrate the completion of two years of Modi government...

Madras Regimental jawans jubilate after winning the Dakshin Bharat Area Cross Country Championship..

Madras Regimental jawans jubilate after winning the Dakshin Bharat Area Cross Country Championship..

Congress workers shave their heads at a protest on NDA Governments' second anniversary...

Congress workers shave their heads at a protest on NDA Governments' second anniversary...

Bollywood actress Shraddha Kapoor during shoot of her upcomming movie 'OK JAANU'...

Bollywood actress Shraddha Kapoor during shoot of her upcomming movie 'OK JAANU'...

Former Australian pacer Geoff Lawson interacts with recently selected young pacer...

Former Australian pacer Geoff Lawson interacts with recently selected young pacer...

Crowds pack the Canaveral National Seashore Friday, to witness the liftoff of a SpaceX...

Crowds pack the Canaveral National Seashore Friday, to witness the liftoff of a SpaceX...

Union Minister of Finance Arun Jaitley paying floral tribute to Vinayak Damodar Savarkar...

Union Minister of Finance Arun Jaitley paying floral tribute to Vinayak Damodar Savarkar...

Prime Minister Narendra Modi with artists tries his hands at a drum in Heritage Mawphlang...

Prime Minister Narendra Modi with artists tries his hands at a drum in Heritage Mawphlang...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523