Prez stresses on encouraging local talent of innovation

Image
Press Trust of India Hazaribagh (Jharkhand)
Last Updated : Jan 09 2016 | 6:57 PM IST
President Pranab Mukherjee today asked educational institutions to encourage local talent of innovation and it should be supplemented by the industry to achieve a marketing value.
Addressing the 7th Convocation of the Vinoba Bhave University here, he said Jharkhand is rich in mineral resources and has a number of engineering and steel industries, which should back the efforts made by the colleges and universities to nurture talents.
"Local talent of innovation would have to be encouraged by educational institutions and supplement it by the industries to create a marketing value," Mukherjee, who is on a two-day visit to Jharkhand, said.
He said the state has 34 per cent of the country's proven coal reserves and 28 per cent of the iron ore reserves, besides having huge deposits of other minerals like mica, uranium and bauxite.
A number of key industrial companies are operating in sectors such as mineral resources, engineering and steel from the state and this factor should be a key input for promoting entrepreneurship and innovation, he said.
During the function, Mukherjee conferred the degree of D.Litt (honoris causa) on former Finance and External Affairs Minister Yashwant Sinha for his unique contribution to the Indian economy, international relations, and public service.
Mukherjee also asked the authorities and the industry to provide financial help to deserving candidates and to ensure comprehensive socio-economic developments.
Noting that only in the recent past two Indian educational institutions have figured among the 200 world class institutions, the President asked the universities, IITs, NIITs and other institutions to work towards excellence and be recognised at the international level.
"In the recent past, Indian Institute of Science, Bangalore and IIT, Delhi have figured in the list of 200 world's top class institutes. But the other IITs, NIITs and universities should work towards achieving this goal," he stressed, adding that what was needed in this regard was coordination and putting the ingredients in a proper fashion by the institutions to reach that level.
(REOPENS DEL40)
Mukherjee said the commitment of young civil servants towards service and not "any dogma or ideology" gives him confidence and hope.
During the event held at the Lal Bahadur Shastri National Academy of Administration, he said the young officers will be makers of a new India in the next 30-35 years.
He said the fresh batch of officers should protect India's diversity which celebrates and "nourishes on languages, customs and religions" and ensure that India takes its rightful place in the comity of nations through peace and harmony and not "quarreling with anybody".
"When we (India) began our journey there were many doubting thomases who expressed their deep suspicion about the experiments which India were making just after the partition on the basis of religion and having trauma of the Partition looming large over the scenario.
"How fiercely they debated on whether or not India should have a federal system. In the long of history of 400-500 years of India it was under the imperial power. There was not a natural federation of the states," he said.
In the course of his nearly 30-minute address, Mukherjee also looked back on his long political journey, observing how he was at the "twilight" of his active career spanning over five decades.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Jan 09 2016 | 6:57 PM IST

Next Story