It’s India’s brave new digital push. On the country’s 80th Independence Day, Prime Minister Narendra Modi outlined an ambitious plan to skill the country’s youth in artificial intelligence. “In the coming one year, we will work to provideAI skill trainingto one crore youth, so that India's youth can lead in the AI era,” the PM said. The country will also providefree online coachingfor aspirants preparing for competitive exams. The initiative is expected to ease the financial burden on their families. The PM’s speech also had praise for ‘Lakhpati Didis’–a government initiative that aims to help women achieve a sustainable annual household income of Rs 1 lakh or more. About three crore women have benefitted from the scheme and the centre now plans to expand it to include six crore women. ICYMI:Ever wondered how much money it takes to retire comfortably in India? This graphic shows that at around $189,000 (approximately Rs 1.8 crore), India is among the handful of countries with retirement costs below $200,000. Moving on, it turns out that popular stories about kings being inspired by ants–and in one case, spiders–are more than just feel-good tales. Research has found thatcreepy crawlies, including cockroaches, are indeed good at persistence and decision-making, according to an article inBBC Future. In today’s newsletter, we will talk about Here’s your trivia for today:Which Japanese philosophy, translating literally to "continuous improvement," was popularized globally by Toyota's manufacturing system? (Scroll down for answer) Venture capital inflow into the Indian startup ecosystem declined in the second week of August, with the total coming back to the $100 million-$200 million range. Absence of large deals slowed the VC funding, save for Yulu’s $93 million fundraise. An encounter with a child during her formative years pushed Major Bhavana Chiranjay to start Swakshatra, a foundation that works to protect children from sexual violence and exploitation. In 10 years, the total impact has been 75 children, not a large number. However, given the challenges, including a pandemic, the impact has been substantial, the founder says. Which Japanese philosophy, translating literally to "continuous improvement," was popularized globally by Toyota's manufacturing system? We would love to hear from you! To let us know what you liked and disliked about our newsletter, please mail[email protected]. If you don’t already get this newsletter in your inbox,sign up here. For past editions of the YourStory Buzz, you can check ourDaily Capsule page here.
