Addressing over 10000 participants in the Smart India hackathon, an HRD Ministry initiative to promote innovation, especially among engineering students, he said technological solutions are at the heart of his initiatives like 'New India', smart cities and cashless transactions.
He also asked them to distinguish between knowledge and skill, and said their focus on "skill engagement optimisation" will play a key role in converting demographic dividend into development dividend to pave the way for a new India.
India has played a lead role in knowledge since ancient times, he said, noting that 'zero' was invented here and it has travelled from "Upanishads to 'upgrah' (satellites)".
"But there is a need to use more information technology to solve problems facing the society. The society is getting more technology-driven," he said.
Following his speech via video conference he also interacted with several participants in several cities who shared their innovations and ideas with him.
He said it is an illusion that government knows everything and has solutions to all problems as he asserted that people outside it also have lots of good ideas and they can together solve existing problems.
He noted that the hackathon participants have been tasked with the responsibility of finding solutions to over 500 problems and challenges for the society in day-to-day life, and told them that it is a challenge as well as opportunity for them.
Mentioning innovations like driver-less vehicles, he said of all things internet will be very important in the coming times and it is being used extensively in the smart city project.
Innovation is the foundation of future and history is written by those who challenge the existing order, he said.
Modi asked them to persevere and never give up on their ideas as he noted that many entrepreneurs were rejected before they went on to found billion dollar firms.
His government has launched start-up India and Mudra scheme to help innovators, he said.
The PM sought solutions to tackle cyber crime from the participants.
Ideas proposed by the students included distribution of low-cost sanitary napkins in rural areas and engaging them in projects to develop rural infrastucture.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
