Innovation is the Key Driver of Growth and Development, Says President; Second Annual 'Report to the People' of National Innovation Council Presented to President

Rashtrapati Bhavan : 02-11-2012

The National Innovation Council presented its second Annual 'Report to the People 2012' to the President of India, Shri Pranab Mukherjee at the Rashtrapati Bhavan today (November 2, 2012). The Report was presented by the Chairman of the National Innovation Council and Adviser to the Prime Minister, Shri Sam Pitroda, in the presence of Shri Kapil Sibal, Union Minister for Communications and Information Technology. The Report highlights the activities and initiatives the Council has undertaken to strengthen the innovation eco system in the country. It builds on the previous work of the Council and outlines the new initiatives in the past year.

Speaking on the occasion, the President said that in an era marked by rapid technological advancements, 'Innovation' is the key driver of growth and development. An innovative approach becomes even more imperative in our context, where there is a huge reservoir of unmet needs in areas such as health, education, water, food security and energy. Innovation can provide solutions to such challenges and, in the process, also enable many more people to harness the gains from India's growth story. India has tremendous untapped potential for innovation, he said. He stated that not only does our demographic dividend and thriving democracy provide fertile ground for innovation, but our population of 550 million persons aged below 25 makes it imperative that we innovate to meet their needs in a sustainable manner, while also creating new opportunities for them.

Live video communication was established during the event from Rashtrapati Bhavan to Moradabad Cluster and Kanpura Gram Panchayat in Ajmer District of Rajasthan showcasing National Innovation Council's Innovation Cluster Initiative as well as Rural Broadband Connectivity programme.

This release issued at 1315hrs