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MIT India conference brings together innovators to focus on Modi’s ‘Start Up India’

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MIT India Conference
CAMBRIDGE, Mass. (Diya TV) — In an effort to celebrate the advancements in technology by Indian people worldwide, the Massachusetts Institute of Technology, in partnership with the MIT Sloan School of Management, and the local MIT community, hosted the inaugural “Startup India” conference on April 3.

Diya TV was an official sponsor of the event, which put a spotlight on the growing Indian startup market, recognized globally as the third-most active growing startup region — the South Asian nation boasts north of 4,000 startups, eight of which are valued at more than $1 billion. The U.S. and UK are one and two respectively.

Since taking on the reigns Indian Prime Minister, Narendra Modi announced several programs from, ‘Swacch Bharat’ to ‘Digital India’. In January the Indian government announced the ‘Startup India’ program, seeded by a $1.5 billion fund and a string of tax breaks, the program became the first such of its kind of be introduced by the country’s policymakers focused on entrepreneurs, investors, and startups companies.

The program was formally announced after Prime Minister Modi’s visit to Silicon Valley in Sept. 2015, where his announced focus was set on “startups, innovation & technology.”

During his visit, Modi also shared his ‘Digital India’ vision with the business heads of Apple, Google, Microsoft, Cisco, Qualcomm, Facebook, Adobe, etc.

Ashish Sahani, Research Fellow at Harvard Medical school

Ashish Sahani, Research Fellow at Harvard Medical school

Ashish Sahani is a research fellow at Massuchusettes General Hospital & Harvard Medical School and was thrilled to be at the event, he said “The amount of interest in the Startups in India is at an all time high. The entrepreneurial tide in India is very palpable and world is looking forward to us as the next economic superpower.”

Additionally, this year’s conference also featured innovative projects being developed by MIT students and researchers with potential application for India. Panels focussed from growing sustainably in complex markets to opportunities in social entrepreneurship.

MIT alumni have launched 30,200 active companies and have created more than 4.6 million jobs. As a direct result, these companies are generating roughly $1.9 trillion in annual revenues, and if MIT were a nation, it would possess the 10th largest economy in the world.

Aside from celebrating the achievements of Indians globally, the conference also provided a platform to discuss the future of collaborations between India and the rest of the world — speakers slated to make appearances included Arvind Subramanian, chief economic adviser, Government of India; Mukesh Aghi, President, US-India Business Council; Gururaj Deshpande, founder and chairman of Sycamore Networks and Ashish Hemrajani, founder and CEO of BookMyShow.com.

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Exclusive: Judges Srinivasan, Rao kickoff SABA virtual conference

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Srinivasan

WASHINGTON (Diya TV)  — Diya TV is home to the South Asian Bar Association virtual conference this weekend, which got kicked off by perhaps the two most powerful Indian American lawyers in the nation: Chief Judge Sri Srinivasan & Circuit Judge Neomi Rao, both of whom serve in the DC Circuit Court of Appeals, considered the second most powerful court in the nation to only the Supreme Court. We’ll update you on their conversation and preview this weekend’s virtual gala featuring Stacy Abrams, Preet Bharara, Vanita Gupta, Ajit Pai and many others.

Meanwhile, Judges Srinivasan and Rao may get another Indian American colleague, as President Trump nominated Vijay Shanker to the DC Circuit Court of Appeals.

The Democratic Party announced they will be conducting their convention virtually from Milwaukee.

Indian American Jeremy Cooney is leading in the race for New York State’s 56th Senate District, with absentee ballots still to be factored in.

Ravi Kapur contributed to this report.

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Satellite images show larger Chinese presence at Indian border

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LADAKH, India (Diya TV)  — While the ongoing fracas between India and China has not led to all-out war yet, satellite images indicate China is sending a larger group of troops and building infrastructure in Galwan Valley, site of that vicious clash that killed 20 Indian troops, and a reported 43 Chinese soldiers. It was the first loss of life in battle for the Chinese in more than 40 years. U.S. intelligence decreed China instigated the battle and India says China has been staffing up in the area since May. Following the release of the satellite images, China says India is to blame.

The U.S. is regressing in its battle against COVID-19, setting a new single day record for coronavirus cases at more than 37,000. The virus has infected nearly 10 million people globally, a quarter of that total in the U.S. The death toll now stands at 125,000 in the United States, with Florida, Texas, Arizona and California seeing major increases.

Pakistani-American Qasim Rashid advanced in the Democratic primary in Virginia’s First Congressional District. ​He’ll take on longtime incumbent Republican Congressman Robert Wittman in the fall.

Ravi Kapur contributed to this report.

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As critics fume, Modi says India was not breached by China

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NEW DELHI (Diya TV)  — During an all-party political leaders meeting, Indian Prime Minister Modi told the group China did not breach Indian territory in Ladakh, nor was any Indian Army border post captured. Modi emphasized India will protect Galwan Valley, the region where the clash killing 20 Indian soldiers and a reported 43 Chinese soldiers took place. But Modi’s critics say the situation was an intelligence failure and many want Modi to strike back with force. Meanwhile, in a statement, the Chinese Government pinned the conflict on India and is laying claim to the entire valley region.

India was elected as a Non-Permanent Member of the United Nations Security Council for a 2-year term starting next year, receiving 184 out of 192 valid votes.

And in a wild Friday night surprise, the Justice Department said Geoffrey Berman, U.S. Attorney for the Southern District of New York would be stepping down, to be replaced by Jay Clayton, the current Chairman of the Securities and Exchange Commission. But in a statement, Berman said he’s not leaving until Congress confirms someone & his investigations, including into folks allied with President Trump, will continue.

Ravi Kapur contributed to this report.

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