Prime Minister Narendra Modi on Monday (September 30) praised the ecosystem created to encourage innovation in the country.
Addressing the Singapore India Hackathon 2019 at IIT-Madras, he also said that this medium for innovation was committed to creating Indian solutions for global applications. From schools to higher education and research, an ecosystem was being created that it becomes a medium for innovation even as the country was one among the top three startup ecosystems, he stated.
India was poised to become a $5 trillion economy and innovation and startups will play a crucial role in that, he added. “We are encouraging innovation and incubation for two
big reasons – one is, we want easy solutions to solve India’s problems to make life easier,” he further said.
Also read: World has “great expectations” from India, says PM Modi
“And another (is) we in India want to find solutions for the whole of the world. Indian solutions for global applications. This is our goal and our commitment,” he said at the Singapore India Hackathon.
Appreciating the participants of the hackathon for coming up with various solutions, Modi particularly singled out one participant regarding a camera, saying it will be useful in the Parliament. “I specially like the solution about cameras to detect who is paying attention. I will talk to my Speaker in the Parliament (Om Birla) … and I am sure it will be very useful to the Parliamentarians,” he said as the gathering broke out in laughter.