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Rajat Gandhi

A marketer, strategist, and brand builder with over 20 years of experience, Rajat Gandhi is the Founder & CEO of Faircent, India’s largest peer-to-peer lending platform. As one of the earliest Internet professionals in India, Rajat has leveraged his extensive expertise in online and digital realms to pioneer the concept of online peer-to-peer lending in India and establish Faircent as the largest P2P lending platform in the country.

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Independence Day: India at 70

India’s other greatest strength today lies in the human capital. The millennial generation is the most educated generation of all times. In addition, they are socially aware and informed as well and are volunteering to make this world a better place, starting from their localities, towns and cities.

We stand hours away from witnessing the Independent India completing her 70 glorious years. These seven decades have witnessed certain ground breaking and epoch making political, social and economic reforms in the country. However, as an entrepreneur, my heart grows in respect and adoration after witnessing the undying spirit of entrepreneurship in this country.  

India as a discovery is synonymous to aspiration arising out of seemingly nothing. As the shining beacon of India stride towards entrepreneurship and self-reliance, the exemplary feat achieved by Dhirubhai Ambani is worth sharing. Despite the laws and policies being less than favourable for his growth and even with the odds against a clever young man with stellar ambition, he was successful in creating an entire empire.

Creating such an empire is never dependant on a singular idea. In fact, it warrants a series of plausible ideas with pragmatic, life altering solutions to establish an empire and leave your mark on to the world. Just like yesteryear’s heroes like Reliance and Infosys, which continue to inspire and fuel our ambitions till date, true mark of entrepreneurship exists in the ability to identify opportunities, to not remain fixated in chasing a particular idea but being flexible enough to mould as per the needs of the evolving time.

While the initial few decades in the independent India were invested in meeting the fundamental needs of her people, the last 2 decades have seen the economy grow at an unprecedented pace. Having covered leaps and bounds in terms of technical advancements and innovations, Indian economy today stands in the same league as the fastest growing economies in the world. In fact, India’s prowess in various fields such as banking, telecom and software puts her at par with the major economies across the globe.

In fact, in the coming decades, much of the liberation and self-autonomy is going to be provided by the technology. Until now, technology has made it more conducive for the aspiring and creative entrepreneurs to innovate and solve real-world problems. Hence, technological innovations have laid the foundation of a world where individual talent can shine and prosper. Like Steve Jobs changed the way the world communicates, or accesses information and entertainment, several brimming technological innovations being commissioned in India have the potential to transform the face of this earth. In my humble opinion, these technical innovations and enablement are going to remain constant and consistent over the coming decades of the Independent India.

India’s other greatest strength today lies in the human capital. The millennial generation is the most educated generation of all times. In addition, they are socially aware and informed as well and are volunteering to make this world a better place, starting from their localities, towns and cities. The point of leverage appears to be equipping India’s human capital with the right intellectual resources. Government plans and campaigns, such as the Skills Development, Digital India, Make in India, and Startup India, Stand-up India etc are all pushing India towards the same point of leverage. These are going to be essential in the years to follow.

In the next phase, democratizing these technological innovations across the country is going to be of paramount importance. By deploying all of our available resources and reaching out to the sectors that have been hitherto overlooked, we stand a dynamic chance to achieve the same growth in the next 30 years as what we had achieved in the past 70 years. Perhaps, even more.

Disclaimer: The views expressed in the article above are those of the authors' and do not necessarily represent or reflect the views of this publishing house


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