'Farmers, vendors exhibit more entrepreneurship than Indian corporates'
Kolkata, May 11: India's small farmers and street vendors are exhibiting far more entrepreneurship than the country's corporate sector, Bibek Debroy, Chairman of the Prime Minister's Economic Advisory Council, said here on Friday.
"Entrepreneurship cannot be taught but skills can be taught... let me tell you a small farmer exhibits far more entrepreneurship than the Indian corporate sector does. Let me remind you that the poor vendors on the streets of India are exhibiting far more entrepreneurship than the Indian corporate sector does," he said while addressing the Sixth Convocation of IMI-Kolkata.
He said one cannot encourage entrepreneurship without encouraging failure.
"We all think of successes of entrepreneurship; 95 per cent of entrepreneurial attempts failed," Debroy said.
Debroy, a member of NITI Aayog, also spoke of the need for the Indian education system
to facilitate or provide an enabling environment for entrepreneurship.
"...(there is a) huge question mark about whether Indian education system at all facilitates or provides enabling environment for entrepreneurship," the economist said.
When Prime Minister talks about Start Up India and Stand Up India, it is not about the corporate sector but is about entrepreneurship, he said.
Referring to an IMF report released after India opened up the economy in 1991, he said it had suggested it would take 153 years for a country like India to halve the gap in per capita income that exists with the developed countries.
"The lesson of the last couple of decades has been that there is no need to wait for 153 years," he said.
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Assam Cong. leader Reetam Singh arrested for third time in a month
Guwahati: Assam Congress spokesperson Reetam Singh has been arrested for the third time in one month by the state police. Singh, known for his strong criticism of Chief Minister Himanta Biswa Sarma on social media, reported The Wire.
It’s worth noting that Sarma is also the state’s Home Minister and has direct control over the police.
Singh who is also an Advocate was first arrested on March 15 by the Lakhimpur police after the wife of BJP MLA Manab Deka who is a close aide to CM Sarma filed a complaint. She claimed Singh had defamed her husband and her father in a post on X (formerly Twitter). Her father belongs to a Scheduled Caste, so the police charged Singh under the SC/ST (Prevention of Atrocities) Act, along with defamation and IT Act charges.
The Gauhati High Court later granted Singh bail on March 28. According to the report, Congress MP and general secretary media in-charge Jairam Ramesh had stated that the Gauhati high court had found Singh’s arrest “riddled with procedural errors, evidencing the haste and illegality of the regime’s efforts to throttle his voice. Reetam was targeted by the State of Assam for his social media posts but now stands released from custody.”
Ramesh also in his statement asserted that no matter what the BJP government throws at the Congress workers and leaders, the party will continue to fight for the common public.
However, on April 12, Singh was arrested again this time by the Morigaon police based on another complaint under the same SC/ST law. The complaint came from a local BJP leader named Dhonti Sharma. Qouting a Press Trust of India report, The Wire reported that the police didn’t share details at first, saying the matter was still being investigated.
When Singh was brought to court on April 13, he told reporters that he was being targeted just for speaking about Dr. B.R. Ambedkar. After the court in Morigaon granted him bail, a different police team from Jagiroad arrested him once again.
A video of Singh’s third arrest has gone viral. It shows his father trying to talk to him through the police van, asking why he had been arrested again. When police refused, his father lay down in front of the van to stop it from leaving. Officers then removed him and asked him to visit the Jagiroad police station, about 27 km away, to get details.
Assam Congress President Bhupen Kumar Borah condemned the arrest and accused the chief minister of trying to suppress free speech. He said Singh was being treated like a dangerous criminal even though all he did was criticize BJP leaders on social media. Borah also said, denying Singh’s parents a chance to see him was a violation of human rights.
This is not the first time Assam police has been in the news recently. They also arrested journalist Dilwar Hussain Mozumder while he was covering a protest at a co-operative bank linked to corruption. Chief Minister Sarma is a director of the same bank. Mozumder too was charged under the SC/ST Act and later granted bail. A few days after his release, his brother was arrested in a separate land-grabbing case.
