Has the Start-up India program been successful in charting the path it had set out to fulfill
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Answer:
The Start-up India program has been successful in charting the path it had set out to fulfill:-
The start-up program was started by the government of India on 15th August 2015.
The motto of such an initiative was to encourage entrepreneurship in India given that India has an abundance of talented and skilled youth.
Unacademy, Udaan, CRED, upGrad, Razorpay, Meesho, Skyroot Aerospace, boAt et cetera are all start-ups founded in India.
There has been a huge growth of start-ups in India since 2015.
Given that India has a huge population of youth who are skilled and efficient, the startup boom has provided lakhs of jobs to youths.
India's start-up ecosystem is strengthening day by day and has no doubt fulfilled beyond expectations.
The other measures to capitalize on the potential of human resources in India:-
To capitalize on the potential of human resources in India, there needs to be the identification of employable skills and to deploy the skill sets to people.
There has to the identification of sectors which can captive a larger number of consumers, this will increase the number of jobs. For example:- Manufacturing, IT et cetera.
We have to make work more focussed and specific which will increase labor productivity.
We have to increase the digital competency of people because in today's scenario all work is dependent on technology.