Jammu, June 16: Union Minister of State (Independent Charge) Science & Technology; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh on Friday said management strategies are crucial to sustaining startups. He said Jammu and Kashmir, being the birthplace of Aroma Mission (lavender cultivation), is being hailed as the torch bearer of the agri-tech startup movement in India and the value addition to India’s economy in the years to come will be done by the unexplored Himalayan resources in the North and unexplored ocean resources in the South.
Addressing the Annual Convocation of the Indian Institute of Management (IIM) Jammu here, Dr Singh said, “This is the age of innovations, the age of ideas. Under Prime Minister Narendra Modi, the government is providing every kind of technical as well as financial support for ideas and innovations to grow and sustain.”
He said India is leading the startup ecosystem in the world with more than one lakh startups and more than 100 unicorns today. “What is desperately required is the change of government job mindset and parents can play a pivotal role in it,” he said.
The greatest sustainability of startups lies with the management scholars like the ones graduating today from IIM Jammu who can contribute to the startup revolution that is progressing in India, the union minister said.
Describing the National Education Policy (NEP) as the cornerstone of education in India, Dr Jitendra said students today are the beneficiaries of NEP-2020 which ensure universal access at all levels of schooling and should have been done long before.
The union minister said the old education policy made educated unemployed youth in the country but NEP 2020 under Prime Minister Narendra Modi will make up for several anomalies of the past. “The era of working in silos is over and there is a need for greater integration among the institutions. The youth of 2023 will define India @2047 who are blessed both with the challenges and opportunities and who can contribute in making India @ 2047 leaving behind the best economies in the world,” he said.
