State Govt to promote start-ups, says CM Das

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Chief Minister Raghubar Das on Sunday urged youths to become ‘anti-corruption’ cadre utilising technology in checking corruption. Das on the concluding day of two-day  Jharkhand Start up Hackathon meet at city based hotel said that technology and emerging Start ups can play a big role in checking corruption especially those of Government’s scheme.

He said, “The youth should come forward in developing technology through which corruption can be checked. Government money of various schemes is routed to people through Direct Bank Transfer (DBT) cutting the roles of middleman. The tech friendly youths can contribute in the system in developing gadgets/ technology so that money reaches directly in beneficiary’s bank account.”

The CM appreciated the new Start up developed by youths. Lauding the effort of a youngster, Das said, “A youth has given the idea how from Mahua sweets and edible oils can be produce. Such Start up and innovative idea can be beneficial for State as tribals and other group uses Mahua only for brewing alcohol.” As part of promoting Start up and new innovations the CM also announced Rs 21,000 to teams from schools putting up exhibition at Start up meet.

The Chief Minister hailed the contribution of Prime Minister Narendra Modi for developing start up policy which aims at creating jobs. Das said, “Start up can play a big role in addressing unemployment issue. Though Start up youths can become job creator and not job seeker.” The State Government though its Start up policy has selected 68 Start up ideas which will be provided assistance through stipend, proto type grants, capital venture fund. On the occasion, 49 Start up were provided assistance today.

Prime Minister Narendra Modi on August 15, 2015 from the ramparts of Red Fort had announced Start up policy dedicating Start-up fund worth Rs 10,000 crore for Start-ups. As per the policy, Start-ups will be exempted from paying income tax on their profit for first three years. Also the Government focused on working towards fast-tracking of Start-up patent applications.

Based on PM’s initiative various State Governments came forward in setting up their separate Start-up policy. The Jharkhand Government lead by Raghubar Das in 2016 set up Jharkhand Start-up policy. The State Government in this connection also organized road shows in Bangalore and Hyderabad.

The Jharkhand Government with an attempt to promote entrepreneurship and Start-up also set up Atal Bihari Vajpayee Innovation Lab (ABVIL) in State Capital. The ABVIL in association with Indian Institute of Management  (IIM) Ahmedabad focused to build a world class innovation and entrepreneurship eco-system in the State. ABVIL is envisaged to work closely with all the key stakeholders (students, entrepreneurs, investors, academic institutes, government) and act as a bridge between them. The State Government has selected 68 Start-up

Principal Secretary (CM Secretariat), Sunil Kumar Barnwal speaking on the occasion said that State Government is committed to develop best Start-up ecosystem in Jharkhand. Barnwal said, “The IT industries in Bangalore and Hyderabad are thriving on the workforce and talents of people from Eastern India. The State Government policy is to provide the ecosystem available in these cities at local level so that it can help in addressing unemployment issue.” The concluding day function was also addressed by Vinay Choubey (Secretary Industries), Ravi Kumar (IT secretary) among others.

The two day Hackathon meet revolves around six areas—smart city in software solutions, health mobile governance, GIS, artificial intelligence, cyber security and technology in citizen’s services.

For participating at Hackathon there was online registration in which around 410 participants enrolled for the meet and on final day 50 participants attended the meet. Best Start-up teams were awarded in six disciplines. The meet also witnessed inking of MoU with ABVIL with IIT (ISM), BIT Sindri and Central University of Jharkhand.

Daily Pioneer
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