Dell Chairman and CEO Michael Dell on Monday pitched for creation of an enabling environment for small- and mid-sized companies to start business, saying 70-90 percent of new jobs are being created by these entities. "If you look at where the jobs come from, India has a large number of people; the question should be asked where are the jobs going to come from for all these young people? The answer is that 70-90 percent of the new jobs will be created by small and emerging and mid-sized companies, not big giant global companies," Dell said. Speaking at a media roundtable here, Dell CEO said: "It is important to recognise this because sometimes, only the big companies have voice in policy discussions, and they are not actually the ones who create jobs at the end of the day." "So, governments need to be very thoughtful, and I think the Indian government is working on how to make it easy for these businesses to be created and how do we loosen up things," he added.
Dell, who is also the UN Foundation's global advocate for entrepreneurship, said, "You have to have a large number of new companies to go and create those jobs." Pointing to the conflict area, he said: "Whether it is an urban centre or some particular region in the world, if there are conflicts and problems, there will be a lot of unemployed young people." He added: "This should really spot the connection between importance of creating these jobs and also having stability in the world."
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