Archive for July, 2009
New Breed of Young Indian Entrepreneurs?
Business Standard article titled “Young India Does its Bit for Online Biz Model” reports that several members of Gen YRI are starting new online Internet companies. This looks like an Indian version of ‘dot com boom’.
Budget 2009-10 Youth and Rural Friendly
Finance Minister Pranab Mukherjee said the government would make it a priority to reach 9% gross domestic product growth in the medium term and would seek to spend 9% of GDP on infrastructure development by 2014. Budget release was heavy on spending for farmers and the poor, a core constituency of the Congress party-led ruling coalition, funded by a surge in borrowing and an increase in the fiscal deficit to 6.8 percent of GDP.
What does the Indian Youth want from the budget?
In the run up to the budget 2009-10, Mint surveyed the India youth and asked what they want from the budget. Young and Restless India clearly want the existing policies to be implemented before introducing the new one.
Attracting Youngsters in Agriculture Sector
More than 70% of India’s population depend on agriculture. With the advent of YRI generation now, more farmers in next couple of decades will be young. Swaminathan, who is the chairman of National Commission on Agriculture says that a small-farm management revolution will not be possible in the country without attracting the new generation into the farming sector and promoting the farmers of 21st century.
