Jignesh Shah Lauds Modi’s ‘Start-Up India’; Aims To Create More Job Opportunities
by Shifali Sharma Shifali SharmaAmerican economist and Nobel Prize winner Paul Krugman during a visit to India, called attention to the need for India to hit manufacturing with a much bigger stick. After lauding India for its significant economic growth and becoming a better place to do business, Krugman observed: “India’s lack in the manufacturing sector could work against it, as it doesn’t have the jobs essential to sustain the projected growth in demography. You have to find jobs for people.”
Prime Minister Narendra Modi had set out an ambitious agenda when he announced
his administration’s Make in India programme in September 2014. The centrepiece
of that programme is the National Manufacturing Policy, the purpose of which is
to make India a global manufacturing hub. Its intent is to increase
manufacturing’s share of the country’s GDP from 16 per cent to 25 per cent by
2022 and to create 100 million additional jobs by that year. The policy sets
out 11 areas of concentration, including focus sectors, easing of regulatory
environments and acquisition of technology and development. It identifies 25
specific focus sectors, including automobiles, defence equipment and medical technology.
Like PM Modi, fintech innovator Jignesh
Shah's efforts too have been to help upcoming entrepreneurs build a
strong economy of the country. Jignesh Shah created new-generation markets and
segments that are people-centric and have a comprehensive market structure. In
a short span of time, his flagship company, 63 moons technologies limited has
made a mark and has been named as one of the most powerful and influential
companies in biz-tech innovations. A global leader in providing next generation
technology innovations, platform and solutions for digital markets and
marketplaces, the entry of 63 moons into the exchange space brought competition
that benefited the stakeholders enormously.
Prime Minister Narendra Modi’s ‘Startup India’ initiative was backed up fully
by Jignesh Shah with a clear objective of creating more job opportunities in
the emerging Indian economy and with a vision to create more wealth in the
hands of stakeholders. His foresight with deep-rooted interest in domestic
strength had a strong connection with the real economy and generation of newer
jobs and growth opportunities.
Jignesh Shah’s
vision had created 10 lakh jobs through his exchange ventures in just during a
period of ten years. But now as entrepreneurship is flourishing in India after
the comeback of Modi government, Shah is quite hopeful about creating a lot of
job prospects in the next 10 years through the startup ecosystem.
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Created on Feb 2nd 2021 22:47. Viewed 247 times.