Union Minister Dr. Jitendra Singh inaugurated the VISION Portal (Viksit Bharat Initiative for Student Innovation and Outreach Network) on 21 November 2024 in New Delhi. Developed by the Utsav Foundation, a non-profit organization based in Gurugram, the portal aims to uplift underprivileged youth through education, skill development, and sustainable livelihoods. It bridges the gap between theoretical knowledge and practical experience by funding student internships and fostering innovation.
India’s Expanding Startup Ecosystem
India’s startup ecosystem, now the third-largest globally, grew from 350 startups in 2014 to 1.67 lakh in 2024, supported by initiatives like the Startup India Programme launched in 2016. Dr. Jitendra Singh highlighted how this growth is democratizing opportunities for underprivileged populations, with dedicated funds for Scheduled Castes, Scheduled Tribes, and women entrepreneurs under DPIIT’s leadership.
Vision Portal’s Targeted Goals
- Student Innovation: Funds and mentors school, ITI, and college students for entrepreneurial projects addressing societal challenges.
- Skill Development: Empowers youth with internships and training to enhance problem-solving and entrepreneurial skills.
- Inclusive Growth: Focuses on projects promoting technological advancements and societal impact.
Tech-Driven Progress and Policies
Dr. Singh emphasized the role of technology in bridging rural-urban divides, citing success stories like lavender farming startups in Jammu and Kashmir. India’s biotech startups grew from 50 in 2014 to 9,000 today, propelled by the Bio-E3 policy for economic, employment, and environmental sustainability. He lauded initiatives like private rocket manufacturing and flexibility under the National Education Policy (NEP) 2020, enabling students to pursue diverse career paths.
Vision India 2047 and Future Aspirations
The VISION Portal aligns with the Vision India 2047 framework, which aims to position India as a global leader in innovation, technology, and economic growth. “VISION adds to Vision India 2047,” Dr. Singh remarked, expressing optimism for a future where public-private partnerships and inclusive education fuel nationwide progress.
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Dr. Jitendra Singh Launches VISION Portal, for nurturing skill development in underprivileged children Union Minister Jitendra Singh launches VISION Portal. The Union Minister of State (Independent Charge) Ministry of Science and Technology, Dr Jitendra Singh, inaugurated the VISION( “Viksit Bharat Initiative for Student Innovation and Outreach Network”) Porta in New Delhi on 21 November 2024. The Portal aims to empower and uplift youth from the underprivileged section of the country through education, skill development and sustainable livelihood. Third Largest Startup Ecosystem in the World Dr Jitendra Singh said that India has the third-largest startup ecosystem in the world. In 2014, there were 350 start-ups, which has grown to 1.67 lakh at present. On 16 January 2016, the government of India launched the Startup India programme. The main aim of the start-up initiative is to build a strong startup ecosystem in the country to nurture innovation and startups. Under the Startup India programme, funds are made available to startups of disadvantaged populations like Scheduled Castes, Scheduled Tribes, and Women through banks and other financial institutions. The Startup India programme is being implemented by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Union Ministry of Commerce and Industry. Who has developed the VISION Portal? The Gurugram, Haryana-based non-profit organisation Utsav Foundation developed the VISION( “Viksit Bharat Initiative for Student Innovation and Outreach Network”) Portal. The Utsav Foundation works to empower the youth by providing them with the necessary skills and resources through internship and skill development. Aim of the VISION It funds the internship projects of Indian students studying in Schools, Industrial Training Institutes and Colleges. It aims to foster the spirit of innovation among students who want to start their own businesses by providing funding and mentorship. Preference is given to projects that address societal challenges and drive technological advancements. The Scheme aims to develop problem-solving abilities among the youth by bridging the gap between theoretical knowledge and practical experience. Dr. Jitendra Singh Launches VISION Portal, for nurturing skill development in underprivileged children: Union Minister Dr. Jitendra Singh today inaugurated the “Viksit Bharat Initiative for Student Innovation and Outreach Network” (VISION), aimed at nurturing education, skill development, and innovation among underprivileged children. Lauding the initiative, the Minister observed that reaching out to underprivileged youngsters helps democratise StartUp skills. Speaking at the event, Dr. Jitendra Singh lauded the entrepreneurial vision behind the initiative and its focus on democratising opportunities for students across the country. He emphasized how the portal could act as a gateway for those in remote areas to access mentorship and training. “An initiative like VISION provides an opportunity for even the most underprivileged to get a feel of what is happening in the mainland,” the Minister remarked, adding that it symbolises the broader effort to make the startup ecosystem accessible to all. The Minister reflected on India’s remarkable growth in the startup sector, which has expanded from just 350 to 400 startups in 2014 to over 1.67 lakh today, making the country the third-largest startup ecosystem globally. “We never lacked talent or passion in this country. What we needed was an enabling environment, which has been made possible under Prime Minister Narendra Modi’s leadership with the introduction of a new startup policy,” said Dr Jitendra Singh. Dr. Jitendra Singh highlighted success stories such as lavender farming StartUps in Jammu and Kashmir, which have transformed the region’s economy by creating jobs and fostering innovation. “This is a testament to the fact that startups don’t need to be confined to IT. They can thrive in fields like agriculture, space, and biotechnology, provided they have the right guidance and support,” he noted. Dr. Jitendra Singh spoke about the pivotal role of biotechnology in shaping India’s economic and environmental future. He highlighted the recent rollout of the Bio-E3 policy, which emphasizes the application of biotechnology for the economy, employment, and environment. “The next industrial revolution will be bio-economy driven, much like how the IT revolution shaped the 1990s,” he stated. The Minister pointed out that India’s biotech startups have grown from just 50 in 2014 to nearly 9,000 today, thanks to the growing interest in areas like DNA vaccines and biotechnology research. “The Bio-E3 policy is a forward-looking initiative that positions India to lead globally in biotechnology while ensuring that it contributes to sustainable development and job creation,” he added. Dr. Jitendra Singh underscored the role of technology in bridging gaps between urban and rural India. He pointed out how students from remote areas, often without access to libraries or coaching centers, have achieved success in exams like the IITs and Civil Services using just a smart phone. “This is the power of technology and the kind of revolution initiatives like VISION can fuel,” he said. The Minister also emphasized the importance of public-private partnerships and early industry linkages for startups to achieve sustainability. He cited the example of India’s first private rocket manufacturing startup, which has now set up a unit in Hyderabad. Dr. Jitendra Singh praised the flexibility offered by the National Education Policy (NEP) 2020, which allows students to combine diverse subjects and pursue unconventional career paths. “This policy ensures that students are no longer prisoners of the subjects their parents chose for them,” he said, pointing out how this freedom can drive innovation and create new opportunities for India’s youth. Concluding his address, the Minister expressed optimism about India’s future as a hub for innovation and entrepreneurship. He stated that initiatives like VISION are integral to realizing the country’s aspirations under Vision India 2047, which aims to position India as a global leader in technology, education, and economic growth. “VISION will add vision to “Vision India 2047″ and I am confident it will inspire many more initiatives to follow,” Dr. Jitendra Singh said, commending the organizers for their efforts. Summarise this news in a short format without leaving any thing important and link it with past and present with a good header, a paragraph and sub headers. Rewrite it with a header in the same line, context in a para like crux, specific sub-headers in a very targeted mannerand in very detail .
ChatGPT said:
Dr. Jitendra Singh Launches VISION Portal to Empower Underprivileged Youth
Context:
Union Minister Dr. Jitendra Singh inaugurated the VISION Portal (Viksit Bharat Initiative for Student Innovation and Outreach Network) on 21 November 2024 in New Delhi. Developed by the Utsav Foundation, a non-profit organization based in Gurugram, the portal aims to uplift underprivileged youth through education, skill development, and sustainable livelihoods. It bridges the gap between theoretical knowledge and practical experience by funding student internships and fostering innovation.
India’s Expanding Startup Ecosystem:
India’s startup ecosystem, now the third-largest globally, grew from 350 startups in 2014 to 1.67 lakh in 2024, supported by initiatives like the Startup India Programme launched in 2016. Dr. Jitendra Singh highlighted how this growth is democratizing opportunities for underprivileged populations, with dedicated funds for Scheduled Castes, Scheduled Tribes, and women entrepreneurs under DPIIT’s leadership.
Vision Portal’s Targeted Goals:
- Student Innovation: Funds and mentors school, ITI, and college students for entrepreneurial projects addressing societal challenges.
- Skill Development: Empowers youth with internships and training to enhance problem-solving and entrepreneurial skills.
- Inclusive Growth: Focuses on projects promoting technological advancements and societal impact.
Tech-Driven Progress and Policies:
Dr. Singh emphasized the role of technology in bridging rural-urban divides, citing success stories like lavender farming startups in Jammu and Kashmir. India’s biotech startups grew from 50 in 2014 to 9,000 today, propelled by the Bio-E3 policy for economic, employment, and environmental sustainability. He lauded initiatives like private rocket manufacturing and flexibility under the National Education Policy (NEP) 2020, enabling students to pursue diverse career paths.
Vision India 2047 and Future Aspirations:
The VISION Portal aligns with the Vision India 2047 framework, which aims to position India as a global leader in innovation, technology, and economic growth. “VISION adds to Vision India 2047,” Dr. Singh remarked, expressing optimism for a future where public-private partnerships and inclusive education fuel nationwide progress.
You said:
Rewrite the crux of the matter in short.
ChatGPT said:
Dr. Jitendra Singh Launches VISION Portal to Empower Underprivileged Youth
Dr. Jitendra Singh inaugurated the VISION Portal (Viksit Bharat Initiative for Student Innovation and Outreach Network) to uplift underprivileged youth through skill development, internships, and innovation. Developed by Utsav Foundation, it funds student projects that address societal challenges and promotes practical problem-solving. Highlighting India’s growth as the world’s third-largest startup ecosystem, Dr. Singh connected the initiative to broader goals like Vision India 2047, emphasizing technology, biotech, and education as drivers of inclusive growth.
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create a question for IBPS PO Mains exam where I make questions based on the top Current Affairs news. From the above news given, you have to make MCQs on that news according to the instructions given to you by me with detailed solution in bullet points explaining all the info regarding the answer only and don’t explain other options. The language of the question should be atleast 40-45 words, and begin with an information and then the question. The language of the questions should be standard and tough. Question should have 5 small options and detailed solution in bullet points. For example like this question: Q. Recently, the Reserve Bank of India (RBI) announced an increase in the pre-transaction limit for feature phone users through UPI123 Pay to ₹10,000. What was the previous per-transaction limit for UPI123 Pay users? (a) ₹2,000 (b) ₹3,000 (c) ₹5,000 (d) ₹7,000 (e) ₹8,000 S. Ans. (c) Sol. The RBI introduced UPI123 Pay to facilitate digital transactions for feature phone users, enabling them to access the Unified Payments Interface in a secure manner. Initially, the per-transaction limit for UPI123 Pay was set at ₹5,000. However, to encourage wider adoption and enable more significant use cases, the RBI recently increased the limit to ₹10,000. This change is expected to enhance digital payment accessibility, particularly in regions where feature phones are more prevalent. Another Prompt: Give the detailed solution in bullet points. Sol. Initially, the pre-transaction limit for UPI123 Pay was ₹5,000, which aimed to facilitate small-value digital transactions for feature phone users. Key Details: Introduction to UPI123 Pay: UPI123 Pay is an instant payment system introduced by the RBI, specifically designed for feature phone users to access UPI services securely and conveniently. Modes of Transaction: Users can transact through various methods such as: • Calling an IVR number, • App functionality on feature phones, • Missed call approach, • Proximity sound-based system. Previous Limit: Initially, the pre-transaction limit for UPI123 Pay was ₹5,000, which aimed to facilitate small-value digital transactions for feature phone users. Current Update: To encourage broader adoption and accommodate more significant use cases, the RBI increased the limit to ₹10,000, signaling the growing focus on financial inclusion. Official Action: The RBI has directed the National Payments Corporation of India (NPCI) to issue the necessary instructions to implement this change.
ChatGPT said:
Q. Recently, the Union Minister Dr. Jitendra Singh inaugurated the VISION Portal to empower underprivileged youth through education, skill development, and innovation. Which organization developed this portal to foster student innovation and outreach?
(a) NITI Aayog
(b) National Skill Development Corporation
(c) Utsav Foundation
(d) Indian Council of Social Development
(e) Ministry of Education
Ans. (c)
Solution:
- Developer: The VISION Portal (Viksit Bharat Initiative for Student Innovation and Outreach Network) was developed by the Utsav Foundation, a Gurugram-based non-profit organization.
- Purpose: The portal aims to bridge the gap between theoretical knowledge and practical experience, empowering underprivileged youth by funding internships and fostering innovation.
- Target Audience: It focuses on students from schools, ITIs, and colleges, giving preference to projects addressing societal challenges and driving technological advancements.
- Broader Initiative: This initiative aligns with India’s vision of democratizing access to resources and opportunities, especially for marginalized groups.
- Launch Context: The portal was inaugurated on 21 November 2024, in New Delhi, by Dr. Jitendra Singh, to complement India’s rapidly growing startup ecosystem.
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Make a table of the key points which are most relevant for the exams and in very short only, not like of importance, significance or relevance type or anythingh which is not for exam preparation etc, and begin the table with Why in news(and include most key points in this only) as first row of the article, also add complete static points from the points in the article if available in news or if something factual informations relevant according to you in the same table like if State is given the CM, Capital, or any thing in case of International or any personality, Schemes, Awards, etc.
ChatGPT said:
Why in News |
Key Points |
Dr. Jitendra Singh inaugurates VISION Portal |
– Portal: VISION (Viksit Bharat Initiative for Student Innovation and Outreach Network).
– Launched on: 21 November 2024.
– Developed by: Utsav Foundation (Non-profit, Gurugram).
– Objective: Empower underprivileged youth through education, skill development, and innovation.
– Focus: Funds internships and fosters student innovation for societal challenges.
– Target: Students from schools, ITIs, and colleges.
– Encourages entrepreneurship and technological advancements. |
India’s Startup Ecosystem |
– India: 3rd largest startup ecosystem globally.
– Growth: From 350 startups in 2014 to 1.67 lakh in 2024.
– Government Initiative: Startup India Programme (launched on 16 January 2016).
– Support for: SCs, STs, Women through DPIIT under the Ministry of Commerce and Industry.
– Focus: Innovation and economic growth. |
National Education Policy (NEP) 2020 |
– Allows students to combine diverse subjects.
– Facilitates unconventional career paths. |
Biotechnology in India |
– Biotech startups: From 50 in 2014 to nearly 9,000 today.
– Policy: Bio-E3 policy for economic growth, employment, and environment. |
Vision India 2047 |
– Focus on positioning India as a global leader in technology, education, and economic growth. |
Dr. Jitendra Singh’s Role |
– Current Position: Union Minister of State (Independent Charge) for Ministry of Science and Technology. |
Notable Innovations |
– Lavender farming startups in Jammu & Kashmir.
– Private rocket manufacturing startup established in Hyderabad. |