Hyderabad: Union Minister for Coal and Mines, G. Kishan Reddy, launched the Viksit Bharat Entrepreneur Network (VBEN) in Hyderabad on Monday. The launch included the opening of the VBEN office. Reddy said that the purpose of the organization is to help India become a developed country by the year 2047.
He explained that VBEN will support and guide people who want to become entrepreneurs. Many young people in the country are interested in doing research and starting their own businesses, and they need the right direction and support.
Kishan Reddy stressed the importance of encouraging entrepreneurship in rural areas, local assembly centers, and district hubs. He said that using technology to improve agriculture should be a key focus.
He also noted that Prime Minister Narendra Modi and the central government are promoting startups and helping young business owners. The government has made it easier to get loans and other approvals from banks.
The VBEN organization will train and inspire young people in Telangana and Andhra Pradesh to start their own businesses. This will help create more jobs and boost the economy. Reddy praised Amar Nath and his team for their work in setting up the network.
He said that through VBEN, students will get a great chance to enter the business world after finishing their studies and play a role in building a stronger India.
