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Create an ecosystem for rural entrepreneurship to thrive: Vice President

 Bhubaneswear:1/04/19:The Vice President of India, Shri M. Venkaiah Naidu has called for creating an ecosystem for entrepreneurship to thrive and encourage youth to become job creators instead of job seekers.

Addressing the Summit on “Empowering Young Grampreneurs to Create Jobs” organized by the Bharatiya Yuva Shakti Trust (BYST), in Bhubaneswar, Odisha today, he said that unemployment was an area of major concern not only for India but for all the nations. The possible way to address unemployment was to ‘create the right ecosystem for youngsters to become entrepreneurs and set up their own businesses’, he added.

The Vice President said that India with its huge demographic advantage must reap benefits by harnessing the youth’s potential. He said there was a need to create the relevant infrastructure and impart the right skill sets for them to successfully overcome the challenges posed by the technology-dependent world.

“How efficiently and effectively we reap the demographic dividend depends greatly on how effectively we are able to create jobs and train the working population to do these jobs,” Shri Naidu added.

Expressing concern over the rising urban rural divide, the Vice President stressed the need for making agriculture sustainable and profitable, creating market for rural artisans, empowering woman entrepreneurs to sell their crafts by way of online platforms and ensuring access to affordable education and healthcare.



“MSMEs contribute 6.11 per cent of manufacturing GDP and 24.6 per cent of services GDP. These industries which are often located in rural areas play a vital role in preserving India’s traditional skills and products such as handicrafts and handlooms”, he said.

Saying that entrepreneurship was valuable only if it had a multiplier effect on the prosperity of our local communities, especially in rural areas, the Vice President urged young businessmen to find the hidden strengths and advantages in rural India leverage them to provide livelihoods and raise standard of living of those living in remote areas.

Observing that Empowerment of women was central to achieving the objective of inclusive, equitable and sustainable development, the Vice President said that ‘women empowerment should not only be a national goal but a global agenda’.

Pointing out that women constitute only 14% of the total entrepreneurship i.e. 8.05 million out of the total 58.5 million entrepreneurs, Vice President said there was an urgent need to encourage more women to embark on the path of entrepreneurship.

The Vice President presented awards for achievers in rural entrepreneurship and launched BYST Entrepreneur Online Learning in Odia.

The Governor of Odisha, Shri Ganeshi Lal, the Members of Bharatiya Yuva Shakti Trust (BYST), Founding and Managing Trustee, BYST Ms. Lakshmi, Shri V. Venkatesan, other stake holders from industry including the Director of JK Paper Ltd. Shri A.S. Mehta, President, the Chief of CSR, Tata Steel Ltd, Shri Shri Sourav Roy and more than 600 entrepreneurs from different parts of Odisha were present at the event.


About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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