Our higher education institutions have enormous potential to serve as catalysts in India’s innovation and start-up ecosystem, Union Minister of State for Education Rajkumar Ranjan Singh said on Tuesday. . The Minister said that the vision of “AatmaNirbhar Bharat” can be realized through a supportive ecosystem, dedication and efforts of our innovators and entrepreneurs.
“The India of tomorrow should merge the best of our tradition with the best of modern global perspectives. Our country has one of the largest higher education systems and the third largest start-up ecosystem in the world. We strive to be a knowledge-based economy and this is not possible without a spirit of innovation and entrepreneurship within our educational institutions, ”he said.
Singh was addressing an e-symposium on “Building an Innovation Ecosystem in Educational Institutions”. The minister urged educational institutions in India to change their mindset and create an environment that supports high quality research, innovation and entrepreneurship leading to commercialization and transfer of technology. He congratulated the 75 start-ups that were identified by the Ministry of Education as part of the Azadi Ka Amrit Mahotsav celebration.
“These 75 start-ups of students and teachers have developed innovative technologies and have enormous potential. The start-ups have received financial support of up to Rs 10 lakhs each and in addition, mentoring and incubation support will also be provided in collaboration with partner agencies, ”he said. K Sanjay Murthy, Secretary, Department of Higher Education, said that in India we currently have 2,500 innovation cells and 5,000 more cells will be added in the future.
“50,000 teachers under the ambassadorial program are being trained, which will lead to a huge transformation in the education sector. It is a culture of innovation and these types of events motivate young people to come forward and showcase new ideas and abilities, ”said Murthy.
Read all the latest news, breaking news and news on the coronavirus here.