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Entrepreneurship is the one approach to uplift all sections of the society economically, stated Palanivel Thiagarajan, Minister for Finance & Human Resources Management, Tamil Nadu.
He was inaugurating the TiE award ceremony on the concluding day of Kerala’s largest convention on entrepreneurship ‘TiEcon Kerala 2022’ in Kochi.
Thiagarajan stated, “We need to have lakhs of successful entrepreneurs that control large parts of our economy. Destructive technology-driven scalable entrepreneurship is even more important. The greatest limitation is not money… the barrier to a successful outcome is usually the lack of administration and execution capabilities.”
He added that human sources must be maximised to create sustainable and powerful fashions.
Justice AK Jayasankaran Nambiar, Kerala High Court stated that one specific subject in society that deserves critical consideration and motion is gender hole.
Awards distributed
TiE Kerala Awards have been introduced in seven classes. CJ George, Founder and MD, Geojit obtained the Lifetime Achievement Award. The different awardees have been:
- Start-up of the yr: Senu Sam, MyKare.
- Scale up of the yr: Aharsh M.S, Accubits.
- Entrepreneur of the yr: VKC Noushad, Walkaroo.
- Next Gen Entrepreneur: Ashok Mani, Kitchen Treasures.
- Innovator of the yr: Anup Mohan, Premagic.
- Social Impactor of the yr: Noureen Aysha, Femisafe.
- Ecosystem Enabler: Women Entrepreneurship Network.
In an interactive session on ‘Vision Kerala’, Kerala Industries Minister P Rajeeve, outlined the slew of legislative reforms launched for ease of doing enterprise within the State and the federal government’s Draft Industrial Policy 2022 with the theme ‘Nature, People, Industry’ to make sure resilient and sustainable industrial improvement.
He stated, “Our target is to achieve one lakh enterprises this financial year. Now, we have 97,418 new MSMEs registered with an intra-state investment of ₹6,030.76 crore. This has generated 2,12,617 new employment. The average annual registration of MSME is 10,000. In the last financial year, 17,250 new MSMEs have been registered in the State.”
Dhruv Sharma, Senior Economist, World Bank, stated Kerala is the highest performer on broader measures of human improvement, training and well being. It has a big dais for important international remittance which will be channeled towards productive funding.
“For a fast-growing dynamic economy, the state needs a transition to high-value tradeable services like IT and business, in addition to tourism and hospitality,” he added.
Published on December 4, 2022
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