Press Esc to close
Sunday 28 August 2016
News updated at 3:53 PM IST
Weather
Max: 28.7°C
Min : 19.9°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
Neeta Ambani along with actor Ranbir Kapoor at the launch of Reliance foundation youth sports...

Neeta Ambani along with actor Ranbir Kapoor at the launch of Reliance foundation youth sports...

Monica Besra, beneficiary of Mother Teresa's first 'miracle' at her house at Nattor village...

Monica Besra, beneficiary of Mother Teresa's first 'miracle' at her house at Nattor village...

A new born baby is rescued at the medical college & Hospital where a major fire broke out...

A new born baby is rescued at the medical college & Hospital where a major fire broke out...

Irom Chanu Sharmila offers prayer at Kangla fort after released from JNIMS security ward in Imphal..

Irom Chanu Sharmila offers prayer at Kangla fort after released from JNIMS security ward in Imphal..

Dalit leader Jignesh Mevani (R) being honoured by Ambedkar Mahasabha in Lucknow...

Dalit leader Jignesh Mevani (R) being honoured by Ambedkar Mahasabha in Lucknow...

Roland Folger, MD & CEO, Mercedes Benz India at the Mercedes-Benz Luxe Drive...

Roland Folger, MD & CEO, Mercedes Benz India at the Mercedes-Benz Luxe Drive...

Olympic Silver Medalist P V Sindhu visits Mahakali Temple in Hyderabad...

Olympic Silver Medalist P V Sindhu visits Mahakali Temple in Hyderabad...

Launching postal stamp of Shivarathri Rajendra Swami, as part of his Birth Centenary Celebrations...

Launching postal stamp of Shivarathri Rajendra Swami, as part of his Birth Centenary Celebrations...

People on boat wade through flooded river in Didarganj area in Patna...

People on boat wade through flooded river in Didarganj area in Patna...

Chief Minister of Kerala Pinarayi Vijayan inaugurates Doha Bank's Kerala branch in Kochi...

Chief Minister of Kerala Pinarayi Vijayan inaugurates Doha Bank's Kerala branch in Kochi...

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