Thursday 31 December 2015

As India is becoming a major destination for start-ups, sectors like e-commerce or mobile payments are attracting strong interest among entrepreneurs and investors whereas health, clean-tech, agriculture and education sectors are neglected. Examine why and also suggest what type of start-ups can contribute in these sectors. (200 Words)





The second decade of second millennium is turning out to be an era of technology startups.
These startups can contribute immensely to sectors such as health-care, agriculture and education sectors owing to the link than technology can create between them as explicated by the following:

--These sectors are least developed in terms of technology. Startups can fill the gaps
-- Sectors such as education have huge scope and are multidimensional. A tech startup can enter into tasks such as providing MOOC projects to digitizing the education curriculum
-- Sectors such as health-care have tremendous money involved and the startups can burgeon using the same
-- The government is providing the incentives in the form of facilities and concessions for startups to jump into such sectors

Following are the type of startups that can contribute:
-- Aggregator apps in healthcare that can bring doctors or hospitals on the same platform for customers
-- Systems that can digitize the education curriculum saving time and paper of the various stakeholders
-- Platforms that disseminate information of various aspects including seeds, fertilizers etc. to the farmers
-- Companies that can partially automate the cleaning process of municipalities hashing all the data on an online platform
Technology startups along with government incentives will no doubt pave the path to a better future for India in all respects.

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