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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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FCC Chairman Ajit Pai to leave office

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FCC Chairman Ajit Pai to leave office | Diya TV News

WASHINGTON (Diya TV) — The first Indian American to lead the Federal Communications Commission is stepping down. FCC Chairman Ajit Pai says he’s leaving on January 20th, once President-Elect Joe Biden comes into office. He started as a FCC commissioner in 2012 and was appointed to the top spot by President Trump in 2017. The FCC oversees at least one-sixth to one-third of America’s gross domestic product.

President-Elect Joe Biden and Vice President-Elect Kamala Harris sent their best wishes to members of the Sikh community observing the birth anniversary of Guru Nanak Dev Ji, the founder of Sikhism. It’s the first time an incoming Presidential Administration acknowledged the birth of the Guru.

Four Indian Americans are part of the latest batch of Rhodes scholars. Swathi Srinivasan, Vijaysundaram Ramasamy, Garima Desai and Savarni Sanka are headed to the University of Oxford in England, where they plan to study and focus on a broad range of topics including climate change and COVID-19.

Ravi Kapur contributed to this report.

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Neera Tanden chosen to lead OMB

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Neera Tanden chosen to lead OMB | Diya TV News

WASHINGTON (Diya TV) — The CEO of the Center for American Progress, Neera Tanden, was selected by President-Elect Joe Biden to join his cabinet and direct the Office of Management and Budget. She would become the first-ever Indian American and South Asian to serve in the President’s cabinet. But Republicans and even some progressives are on the record saying Tanden is not the choice for this position, given some of the tough talk she has engaged with on Twitter against political rivals. Biden also announced Janet Yellen is his pick for Treasury Secretary, and selected an all-female White House communications team, with Jen Psaki serving as Press Secretary.

China is once again blaming COVID-19 on other nations. This time their scientists are pointing the finger at India, claiming the virus likely jumped from animals to humans in 2019 through contaminated water and then spread to Wuhan.

Chinese authorities also blamed Italy and the U.S. in recent months without much evidence. This latest accusation by China towards India comes as tensions continue over their shared border.

Ravi Kapur contributed to this report.

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India bans 43 more Chinese mobile apps

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India bans 43 more Chinese mobile apps | Diya TV News

NEW DELHI (Diya TV) — The Indian government continues its ban on Chinese apps, adding 43 new mobile apps to a growing list blocked in the world’s second largest Internet market. This time, popular shopping app AliExpress by Alibaba and Tencent backed Snack Video joined the blacklist. With the new additions, the Indian government has now banned more than 200 Chinese made apps over national security concerns.

Kash Patel, who became Chief of Staff to acting Defense Secretary Chris Miller just two weeks ago, is now in charge of the Defense Department’s transition to the Biden administration. Patel, who is in the Middle East now serving Thanksgiving meals to troops, is considered a Trump loyalist after playing a key role in helping Republicans discredit the Russia probe while working for Congressman Devin Nunes.

The India Community Center in the Bay Area celebrated its 17th Annual Banquet virtually, highlighted by a conversation with CNN Chief Medical Correspondent. Dr. Sanjay Gupta. Gupta received the ICC Inspire Award and spoke of his experience on retaining his Indian heritage, while growing up, living, and working in the US.

Ravi Kapur contributed to this report.

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