Piyush Goyal strikes a chord

 

Context :

Start-ups can be more successful with less govt interference: Piyush Goyal  /  BS  /  13 Dec 2021

 

Extract :

Union Minister of Commerce and Industry Piyush Goyal on Sunday said that the less the government interferes in the start-up ecosystem, the more potential it will have to be successful.

While addressing a gathering during a visit to the Science and Technology Park in Savitribai Phule, Pune University, the Union Minister highlighted that the reason why the IT sector is so successful in India is that the government has no role to play.

"I personally feel that the less the government interferes in the start-up ecosystem, the more potential it will have to be successful. Nationalisation has stymied the growth of several sectors.

Look at IT sector, it is successful in India because the government has no role to play. If I take list of unicorns, almost none of them have taken the government's support to become unicorns," he added.

"Wherever the government got involved and we saw the nationalisation of so many different businesses and sectors in the past years has stymied the growth of those sectors," he emphasised.

 

Dear Shri Goyalji,

 

 

In the hearts of millions of Indian youth wanting to launch Startups, you have struck a pleasant chord

 

In days to come, these youth will look forward to Govt further dismantling its rules / rgulations governing Startups , as narrated in my following earlier e-mail :

 

Ø  Spirit of Israel………………………………… [ 19 Feb 2017 ]

 

Extract :

 

 MY   TAKE  :

In terms of population , India is 162 TIMES BIGGER than Israel . If we emulate how Israel managed its START – UP eco-system , ( GettingOut of the Way ) , we can become the biggest START – UP NATION on the earth 

{ https://myblogepage.blogspot.com/2017/02/here-is-clue-get-out-of-their-way.html }

 

When our  neta  ( Shri Narendra Modiji ) meets the Israel neta ( their PM , Netanyahu ) later this year , it is possible that he might ask :

“ Sir ,  are you not afraid that the defence technologies that your Start Ups develop , might land up in the hands of your enemies , enabling them to copy it ? “

I suppose , Shri Netanyahu might reply :

“ May be !

  But there is no way they can copy the Spirit of Israel “

===================================================

With Regards,

Hemen Parekh  /  hcp@RecruitGuru.com  /  14 Dec 2021

 

Related Readings :

Here is a clue : Get Out of their Way ! …………………………[ 17 Feb 2017 ]

 

IN WONDERLAND OF START-UPS ………………………………….[ 21 July 2016 ]

 

" BACK FACTORY " OF THE WORLD ?......................... [ 09 Sept 2015 ]

 

TEN MILLION START- UPS IN ONE YEAR ? ……………………[ 16 Jan 2016 ]

 

A NEW ECONOMIC ORDER ?  " Start Up Act - 2015 "…..[ 12 Sept  2015 ]