Press Esc to close
Thursday 28 May 2015
News updated at 1:28 AM IST
Weather
Max: 33°C
Min : 22.3°C
In Bengaluru
Sunny day

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
Sheep cross a parched area of a dried-up pond on a hot summer day...

Sheep cross a parched area of a dried-up pond on a hot summer day...

A man sleeps under the shade of a tree on a hot summer day at a public park in New Delhi...

A man sleeps under the shade of a tree on a hot summer day at a public park in New Delhi...

Boys splashing water on their face as the mercury rises in Hyderabad...

Boys splashing water on their face as the mercury rises in Hyderabad...

An Indian man rests inside a concrete pipe on a hot summer day in Hyderabad...

An Indian man rests inside a concrete pipe on a hot summer day in Hyderabad...

Yaduveer Krishnanadatta Chamaraja Wadiyar at a ritual in Mysore on Wednesday...

Yaduveer Krishnanadatta Chamaraja Wadiyar at a ritual in Mysore on Wednesday...

Kannada Actress Nitu at the launching of the Taxi always.com service...

Kannada Actress Nitu at the launching of the Taxi always.com service...

Fruit festival in Bengaluru...

Fruit festival in Bengaluru...

Houses in flames during a violence in Atali Village near Ballabgarh in Faridabad...

Houses in flames during a violence in Atali Village near Ballabgarh in Faridabad...

Rahul Gandhi having meal at the house of a fisherman during a visit to the Blangad fishing colony..

Rahul Gandhi having meal at the house of a fisherman during a visit to the Blangad fishing colony..

Narendra Modi with Federal Defence Minister of Germany, Ursula von der Leyen in a meeting...

Narendra Modi with Federal Defence Minister of Germany, Ursula von der Leyen in a meeting...

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