Today, the Prime Minister, Manmohan Singh, gave a speech on the need for innovation and creativity for solving the great social challenges of India, especially those faced by the poorest citizens of our country. PM Singh, whilst officially releasing a report of the Innovation Council of India, spoke of how we in India â€œhave made innovations in areas such as space technology, atomic energy and automobiles. But innovation in our country has focused mostly on the needs of the rich and not adequately on solving problems of the poor.”
PM Singh went on to give a few examples of innovation efforts in service delivery and rights-based programs and services in India, and highlighted how it is only through breakthrough innovations that we can hope to solve our great social challenges.
The PM’s speech was followed by a short talk by Finance Minister Pranab Mukherjee, who announced that the government would provide Rs 100 crore for the India Innovation Fund, to be focused on supporting low-cost innovations.
Read the news article here