Title: Congress creating controversy, my message for start-ups received positively: Piyush Goyal
Union Minister Piyush Goyal recently sparked a controversy when he made a remark about start-ups being involved in “par dukandari” or shopkeeping. The remark was taken out of context by some social media handles of the Congress party, leading to a row. However, Goyal has maintained that his message for start-ups was received positively, except by these particular handles.
In an interview with a leading news agency, Goyal said that his message was intended to encourage start-ups to focus on creating value rather than just making quick money. He emphasized that creating wealth in the short run may be possible, but it is not the ultimate goal. “Wealth creation in the short run may happen…Par dukandari ka hi kaam karna hai humein? (Do we have to do shopkeeping only?),” he said.
Goyal’s remark was met with a mix of reactions from the start-up community. While some entrepreneurs appreciated his message and saw it as a call to action to focus on creating value, others felt that it was unfair to lump all start-ups together and imply that they are only interested in making quick money.
However, Goyal has maintained that his message was well-received by the start-up community, except for some social media handles of the Congress party. “These handles…are hell-bent on manufacturing a controversy when there is none,” he said.
It is not the first time that Goyal has been involved in a controversy. As the Union Minister for Railways, he has been criticized for his handling of the Railway Budget and the implementation of the Bullet Train project. However, he has maintained that his focus is on creating a conducive environment for businesses to thrive in the country.
Goyal’s remarks about start-ups have once again sparked a debate about the role of entrepreneurship in the Indian economy. While some people see start-ups as a key driver of innovation and job creation, others view them as a means of making quick money rather than creating value.
The start-up ecosystem in India has grown significantly over the past few years, with many entrepreneurs and investors seeing it as a key driver of economic growth. However, the sector also faces many challenges, including lack of funding, regulatory hurdles, and competition from established players.
Goyal’s message for start-ups is a timely reminder of the need for entrepreneurs to focus on creating value rather than just making quick money. While it is true that creating wealth in the short run may be possible, it is not the ultimate goal of entrepreneurship. Entrepreneurship is about creating something that can make a positive impact on society, and that requires a long-term focus.
In conclusion, Piyush Goyal’s message for start-ups has been received positively by most, except by some social media handles of the Congress party. Goyal’s emphasis on the need for start-ups to focus on creating value rather than just making quick money is a timely reminder of the importance of entrepreneurship in driving economic growth.
