GOVERNMENT IS READY TO HELP YOUNG MINDS FOR THEIR STARTUP IDEAS: GOA CM - The Daily Guardian
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GOVERNMENT IS READY TO HELP YOUNG MINDS FOR THEIR STARTUP IDEAS: GOA CM

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Goa CM

Goa Chief Minister Pramod Sawant on Friday said that the state government was ready to help young minds for their startup ideas and business plan.

Speaking on the concluding day of Antha Prerna 2021, a Startup Conclave and Entrepreneurship Summit hosted by the Startup Promotion Cell, Government of Goa, in collaboration with AIC-GIM (Atal Incubation Centre- Goa Institute of Management) and Info Tech Corporation of Goa Limited, he said that Goa was venturing to the much needed innovation oriented future. 

Goa startup conclave and Entrepreneurship Summit was organised to bring together all the stakeholders from the government, industry experts, incubators, investors as emerging startup hubs, he said.

“Goa is a great place for startups to emerge from all the sectors like Information Technology, Tourism, Hospitality, Agriculture, Dairy, Animal Husbandry and Fisheries, Mining, Art, Culture, Designing and Shipbuilding. The conclave has provided a much needed innovation future in Goa. Government is ready to empower and help young minds in pursuing their ideas and startup plans. The event will really help Goa to emerge as a startup hub,” the Chief Minister said.  

‘New startup policy’ will definitely benefit stakeholders of the startup ecosystem in Goa, he added.

Chief Electoral Officer Kunal asked the startups to help Election Commission with new ideas to communicate voters, ethical voting, and participation of citizens.

Earlier, Ashank Desai, founder of Mastek, and Mohandas Pai, chairman, Manipal Global Education, presented their views on the startup ecosystem in Goa. Pai said that being a small state Goa could become a role model for the industry and government might start 5G connectivity service in the state that would boost Goa’s infrastructure.  

More than 50 startups, 15 investors and students from various colleges across the state participated in the event. Goa Startup Conclave Entrepreneurship Summit “Anth Prerana” was organszed by the Startup Promotion Cell in Collaboration with Goa Institute of Management, Niti Aayog and Atal Innovation Mission.

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EVEN MESSI DIDN’T WANT TO EXIT BARCELONA: BABUL ON QUITTING BJP

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Former Union minister Babul Supriyo, who joined the Trinamool Congress (TMC) last week months after he resigned from the Bharatiya Janata Party (BJP), on Tuesday said that he wants to be part of a team that embraces him warmly and makes him part of the playing 11.

Citing the example of Lionel Messi to defend his move to switch from the BJP to the TMC, he said that even the footballer didn’t want to exit Barcelona. “Did he want to leave Barcelona? The situation was such that he cried during the press conference. Then he went to PSG. And now you are saying that ‘while playing for PSG, is he expected to core against Barcelona? Or is he going to stand still in front of the goal post because he needs to be loyal to his ex-team…which transformed him’,” he said.

In an interview with a TV channel, Babul Supriyo said, “I have not created history…I’m not the first to leave a party and join another one.”

Referring to the new West Bengal BJP chief’s reported comment that the state was facing “Talibanisation”, he said the term ought not to be used lightly. He said he had opposed it, too, when the Opposition and critics like lyricist Javed Akhtar had said similar things about the BJP. “Taliban is the name of a very wrong and cheap mindset. The term should not be used casually,” he said.

Thanking Prime Minister Narendra Modi, BJP chief J.P. Nadda, and Union Home Minister Amit Shah, the Trinamool Congress member said he has worked with them for seven years and learnt a lot from the BJP.

He emphasised that his own 2014 electoral victory from Asansol may have been based on his image as a Bollywood singer, but it was his public worked that ensured his 2019 re-election. “Whenever I play for whichever team, I’d want to give my sweat and blood in the playing field itself. It is not in my DNA to take the salary and perks from the public and then warm the benches,” he said.

Supriyo denied the allegation that he had joined the TMC to stay in power. “If that is so, what power have I got in Trinamool? I have already sought an appointment with the Honourable (Lok Sabha) Speaker. I want to stay on this moral ground. I am immediately resigning as MP of Asansol,” he said.

Earlier, after meeting West Bengal CM Mamata Banerjee on Monday, Supriyo said that he is happy to be welcomed in Trinamool Congress (TMC). “I am very happy to meet CM Mamata Banerjee. The way she welcomed me to the TMC family is very warm. She asked me to work with all my heart and sing with all my heart which I think is icing on the cake. She said ‘Pujor samayo tumi gaan karo’ (Sing during the time of Puja).”

He added, “We had a very musical talk, at the same time whatever she said was really music to my ears. I want to thank Didi (Mamata Banerjee) and party General Secretary, Abhishek Banerjee for welcoming me so affectionately and warmly to the TMC family.”

The BJP slammed Supriyo for joining the TMC. On Sunday, BJP MP from West Bengal’s Ranaghat Jagannath Sarkar alleged that Babul Supriyo joined the Trinamool Congress (TMC) to evade the allegations of his involvement in the coal theft and cow smuggling cases.

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US not seeking new Cold War: Biden at UNGA amid tensions with China

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In his first speech at the United Nations General Assembly (UNGA) since taking office, US President Joe Biden said that the world stands at an “inflection point in history” and must move quickly and cooperatively to address the festering issues of the Covid-19 pandemic, climate change and human rights abuse. Amid growing China tensions Biden also declared the US is “not seeking a new Cold War.”

The high-level segment of the 76th UNGA began in New York on Tuesday.

Without mentioning China directly, Biden acknowledged increasing concerns about rising tensions between the two nations. But he said, “We are not seeking a new Cold War or a world divided into rigid blocs.”

“We’ve ended 20 years of conflict in Afghanistan and as we close this era of relentless war, we’re opening a new era of relentless diplomacy,” U Biden said, making his first appearance as president at the UN General Assembly. The President noted his decision to end America’s longest war last month, in Afghanistan, and set the table for his administration to shift US attention to intensive diplomacy with no shortage of crises facing the globe. He said he is driven by a belief that “to deliver for our own people, we must also engage deeply with the rest of the world.”

“We’ve ended 20 years of conflict in Afghanistan,” Biden said. “And as we close this period of relentless war, we’re opening a new era of relentless diplomacy of using the power of our development aid to invest in new ways of lifting people up around the world.”

“We meet this year in a moment intermingled with great pain and extraordinary possibility. We have lost so much to this devastating pandemic that continues to claim lives around the world and impact so much on our existence. We’re mourning more than 4.5 million people, people of every nation, from every background. Each death is an individual heartbreak,” he said.

He went on to say this is “a decisive decade for our world” which will “quite literally determine our futures.”

“Will we work together to save lives, defeat Covid-19 everywhere, and take the necessary stem to prepare ourselves for the next pandemic, because there will be another one. Or will we fail to harness the tools at our disposal as more virulent and dangerous variants take hold?”

More than 100 heads of state and government will attend the UNGA in-person including UK Prime Minister Boris Johnson and Prime Minister Narendra Modi.

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UNGA address: PM Modi to speak on terrorism, Afghanistan situation

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During his address at the United Nations General Assembly (UNGA) on 25 September, Prime Minister Narendra Modi will speak on various important issues including cross-border terrorism, regional situation, especially the Afghan crisis, and US Security Council (UNSC) reforms.

Speaking at a press conference in New Delhi, Foreign Secretary Harsh Vardhan Shringla said, “The Prime Minister will speak on various important issues including the regional situation, cross-border terrorism, global efforts to combat Covid-19, climate change and the need to reform multilateral institutions.”

Regarding India’s permanent membership at the UNSC, Shringla said that PM Modi will lay emphasis upon the UNSC reforms during his address. “India’s Amrit Mahotsav and the 75th-anniversary of the UN are coinciding. And on this occasion, the prime minister during his address, will definitely speak on UN reforms, about why it is needed and how it can be achieved.”

The high-level session of the UNGA is scheduled to begin on Tuesday (local time) in New York. Top leaders from across the world have already started converging in New York for UNGA high-level debate week. The UNGA meeting this year is in a hybrid format but a large number of leaders are expected to arrive in New York.

PM Modi is scheduled to leave for the US on Wednesday morning. Apart from the UNGA address, he will participate in the Quad leaders’ summit in Washington and will have the first in-person meeting with US President Joe Biden.

The PM will be accompanied by a high-level delegation including the External Affairs Minister S. Jaishankar and National Security Advisor Ajit Doval.

To push India’s diplomatic agenda, Jaishankar will hold around 15 bilateral meetings on the sidelines of the UN General Assembly on Tuesday including those with Iran, Australia, Egypt and Indonesia.

The theme of this year’s general debate is “Building resilience through hope to recover from Covid-19, rebuild sustainably, respond to planet’s needs, respect people’s rights and revitalise UN”. Top leaders from across the world have already started converging in New York for UNGA high-level debate week. The UNGA meeting this year is in a hybrid format but a large number of leaders are expected to arrive in New York. WITH AGENCY INPUTS

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POST TALIBAN TAKEOVER, NEW TERROR CAMPS COME UP IN POK

According to an Intelligence Bureau report, seven new terror camps have been activated in PoK, due to which now the number of terror camps has increased from 13 to 20.

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According to information received from security agencies, after the Taliban takeover of Afghanistan, there has been a stir in the terrorist camps located in Pakistan-occupied Kashmir (PoK), and the masterminds engaged in these conspiracies are planning to infiltrate terrorists into India. According to an Intelligence Bureau (IB) report, seven new terror camps have been activated in PoK, due to which now the number of terror camps has increased from 13 to 20.

According to an official from a security agency, after the India-Pakistan ceasefire in February, Pakistan›s intelligence agency is once again involved in conspiracies to infiltrate terrorists into Jammu and Kashmir. According to the IB, after receiving information about the infiltration of six terrorists in Uri along the Line of Control in the intervening night of 18-19 this month, the army has been engaged in the search operation against the terrorists continuously for the last 30 hours. Information has been received about these terrorists that they are being trained in a training camp to enter Jammu and Kashmir and are planning a major attack in the area.

Security agencies fear that the weapons that are in the hands of the Taliban are being given to Lashkar and Jaish terrorists. Not only this, Pakistan›s intelligence agency ISI is constantly engaged in conspiracies to attack Indian security forces in Kashmir. According to the IB, the number of terrorists is increasing on the launching pad built on the Line of Control and they are engaged in continuous attempts to infiltrate India. Terrorists are also trying to infiltrate through the international border adjacent to Jammu so that Jammu can be targeted.

Currently, ISI is troubled by the lack of youth involvement in terrorist organizations and now they are involved in methods of online radicalisation through social media to push the youth into the path of terror. The videos of the Taliban are being shared through social media in which the Taliban captured Afghanistan by defeating American forces and Afghan security forces.

They are trying to radicalize the youth and push them into the path of jihad so that they can be brainwashed and prepared for a terrorist attack on India. Indian security agencies are constantly monitoring social media to thwart Pakistan›s jihadi plan. Several Twitter accounts related to Wilayah-al-Hind, Voice of Hind are being monitored.

Recently, the National Investigation Agency (NIA) warned of the danger of online radicalization, saying that terrorist organizations are trying to implicate these innocent youths through social media platforms like Twitter, Facebook and Instagram. After this, such youths are asked to contact online handlers. The NIA has urged people to share information about any such activity on the Internet with the agency. According to a report by Indian security agencies, till 31 August this year, 110 terrorists have been killed in separate encounters. The ISI is furious about this and instructions are being given to the terrorists present in the valley to carry out major attacks in the Valley.

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NEED FOR FAMILY OFFICES TO WORK TOGETHER UNDER A CO-INVESTMENT STRUCTURE: JAHNAVI KUMARI MEWAR

Jahnavi Kumari Mewar, CEO and Senior Portfolio Manager at Auctus Fora, talks about her business firm along with insights on internationalism, effective global governance practices and the way forward in the post-Covid world.

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Jahnavi Kumari Mewar recently joined NewsX for an exclusive conversation as part of NewsX India A-List. In the exclusive conversation, she spoke to us about her business firm along with insights on internationalism, effective global governance practices and the way forward for the post-Covid world.

Jahnavi commenced her talk by speaking about the creation of Auctus Fora and its uniqueness. She said “Auctus fora was born with a need to work with family offices (preferably) without a fund structure in place. If I take a small step back, I initially worked for JP Morgan from where I decided to set up a boutique investment bank and as that business developed and progressed, I had developed very meaningful relationships with family offices globally. We found that there was a significant need for family offices to work together under a co-investment structure rather than that of a fund. Moving on we decided to set up a co-investment platform, entirety focused on private acuity and private structure credit working with family offices globally. It’s a unique model because we work on the ‘reverse origination methodology’ developed in 2011. We use this methodology to make investment decisions and direct our investment philosophy.”

When asked about how pandemic months have been for her and her firm, she responded “I think based on facts that firstly we are directed to an asset. Secondly, we don’t do listed securities and are a private acuity focused and private structure credit that organically gives you a lot more control over your investment decisions. I am very rigid when it comes to the investment decision making process. For example, we’ll never chase dues or get into a bidding war as I believe that if you get your buying price wrong then you already made a big mistake in terms of capital allocation and investment process. In such disruptive times when others have faced upheavals, we have ramped up because of our decent decision making. Based on that what we have done over the past 15 months is that the assets which we felt will continue to give long term returns and are relatively resilient to the disruptions caused by global pandemic and lockdown, we have reinvested capital or added additional capital into those assets and portfolios. So, at a macro level, we have reinvested capital into our portfolios and at a micro level, into select asset portfolios. I mean not to say that we haven’t felt pain but we have been more resilient.”

Explaining the post-Covid global economic changes, she expressed, “What we are seeing globally is an unprecedented crisis for which a lot of nations have lacked institutional memory because they have never experienced something like this before. In the absence of institutional memory, there is institutional unpreparedness. I think that the responsibility and accountability of this crisis don’t solely sit with the current government because there have been decades of under-investment in the public healthcare infrastructure. Instead, the present government has put concentrated efforts towards formulating new public policies. It is my personal opinion that unfortunately, the government lacks sophistication in its policymaking. Therefore they come across significant opposition to their policies.”

When it comes to changing global supply chains, Jahnavi described “let’s look at global supply chains from both political and economic perspectives. Politically speaking, we have fallen short on collective action and there has been a crisis of global governance. Supply chains and global governance can work hand in hand. A good small scale example is of QUAD members who have been working together and have been multilaterally more effective. So when we talk of re-engineering global supply chains, we have to look at from the perspective that are we going to create an incentivising engagement that affects better global governance practices.”

Lastly speaking about the importance of institutions like QUAD as representative of the changing world over institutions like UN and WHO, she said “QUAD is a great example of a force for global good. WHO has been less effective than QUAD as it has been dispersing contradictory information globally, it along with the UN have failed to garner collective action for a global solution to the pandemic. QUAD is a representation of the way forward. We need to re-engineer a pragmatic form of internationalism which meets the needs for today and future.”

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INDIA-BORN SINGER FEATURES ON UK’S BBC RADIO

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The latest composition of the Indian born, London-based singer Saisha Hayes’s ‘One Way ticket’ was selected by UK’s BBC Radio to be played on its platform on Monday night.

At 20, she is among the youngest singer-songwriters to feature on BBC radio and her song was selected among the pool of well-established names.

BBC Radio 1 Leeds chose Saisha’s composition under the “Best modern Asian fusion music”. While the words of the song have been penned by her, the music has been composed by Rohit (Foenix). The song, sung by Saisha, had earlier featured on the coveted ‘Rolling Stones’ India hitlist.

She is a second-year student of King’s College, London and the granddaughter of Hindi literary giant and former IAS officer Bhagwati Sharan Mishra, who passed away last month.

The song is being played on all major music platforms including Spotify, Amazon Music, and YouTube.

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