Take Up The Responsibility Of Being Equal Stakeholder In StartUps: Jitendra Singh To Industry Leaders

Union Minister of State (Independent Charge) Science & Technology Jitendra Singh said in Hyderabad that the Industry should be ready to take up the responsibility of being equal stakeholder in Start-Ups, right from the moment the project is conceived.

Addressing a session of Industrialists, Start-Ups and Innovators at the Indian Institute of Chemical Technology (IICT) Jitendra Singh said "Hyderabad is known to be a destination of Health and Wealth as well as the pharma capital of the region. The specialized and skilled manpower developed by the IICT should find a naturally integral place in the pharma and biotech industry of Hyderabad in particular and India in general".

He further said that for the first time after several decades, we have a political leadership and a ruling dispensation which are amenable to abandon the obsolete regulations of the past and to bring in enabling reforms for ease of Start-Ups as well as ease of business. Industry leaders to set up an institutionalized mechanism and come forth with precise and concrete proposals for doing away with unwarranted regulations and options to avoid procedural delays.