India needs more entrepreneurs - India needs 15 million jobs annually

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From the Hindu Business Line,
New Delhi, Mar 23.


“We need to re-create the entrepreneurial vigour so that we can ensure
15 million jobs every year because if we do not have entrepreneurs,
innovation will be difficult,” says Sam Pitroda.

India needs to create 15 million jobs every year, the National
Innovation Council Chairman Sam Pitroda said today.

“We have about 550 million youths under 25 years of age and
considering this, we also need to create 15 million jobs annually,”
Pitroda said at a FICCI event on next generation entrepreneurs here.

Pitroda, who is also the adviser to the Prime Minister on public
information infrastructure and innovations, added there is an urgent
need to step up the entrepreneurial spirit in the country, especially
among the youth.

“We need to re-create the entrepreneurial vigour so that we can ensure
those 15 million jobs every year because if we do not have
entrepreneurs, innovation will be difficult,” he said.

He further added the country needs to focus on the bottom of the
pyramid and create its own model that is affordable, sustainable and
scalable.

“India has a tremendous growth potential and using innovations
propelled by infrastructure, information technology and inclusive
growth, we can ensure that development reaches to the lowest rung in
the society,” he said.

He added that there is a need for skill development and
entrepreneurship and governance reforms which need to be addressed
to regain the growth trajectory of the country and the economy.

Pitroda said that it is necessary to develop a culture of innovations and
to achieve this we need to encourage youths to come forward as
entrepreneurs.

(a compilation)

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Who Can Benefit?



MBAs who want to start up business.

Business owners who want to train their children in business.

Business owners who want to prepare their wives to be the second line in business.

Professional wanting promotions.

Graduates looking at getting better jobs.

Professionals working close to owners, promoters, senior management.

Youngsters wanting to start business or learn management.

People with less percentages struggling to get admission in management colleges.

All Entrepreneurs who want to grow their business.

Professionals who are less than 3 years into business.