Youngsters turning into job creators: PM Modi
New Delhi, June 6: Prime Minister Narendra Modi on Wednesday interacted with thousands of youngsters who have made it big in the startup sector and said it is the youth who have turned out to be the "job creators" of the nation.
Describing India as a "youthful nation", Modi said the government is committed to "harnessing of the demographic dividend".
Video conferencing on the NaMo app, the Prime Minister underlined that adequate capital, courage and connecting with people are required for excelling in the startup sector.
"There was a time when startups meant only digital and tech innovation. Things are changing now. We are seeing start-up entrepreneurs in different fields," he said.
Modi said startups were no longer confined to big cities only."Smaller towns and villages are emerging as vibrant startup centres," he added.
He also said that India has distinguished itself in the global startup eco-system.
"We in the government understand that youngsters may face shortage of funds for their startups. That is why a 'fund of funds' has been started by the government to facilitate more youngsters to innovate and ideate," Modi added.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Essar Group co-founder Shashi Ruia dies at 80
New Delhi (PTI): Essar Group co-founder Shashi Ruia has died after a prolonged illness. He was 80.
Ruia, who co-founded metals-to-technology conglomerate Essar with his brother Ravi, died in Mumbai around 23.55 hrs on November 25, family sources said.
He had returned from the US, where he was undergoing treatment, about a month back.
His mortal remains will be kept at Ruia House from 1 pm to 3 pm on Tuesday. The funeral procession will leave from Ruia House at 4 pm towards the Hindu Worli Crematorium.
Shashi, a first-generation entrepreneur industrialist, started his career in 1965 under the guidance of his father Nand Kishore Ruia.
He, along with his brother Ravi, laid the foundation of Essar in 1969 by constructing an outer breakwater at Chennai Port. The group expanded into various sectors, including steel, oil refining, exploration and production, telecom, power, and construction.
He is survived by his wife Manju and two sons Prashant and Anshuman.
