How are Start-ups and R&D Essential for Global Competition and Sustainable Development?

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How are Start-ups and R&D Essential for Global Competition and Sustainable Development?

Synopsis

President Droupadi Murmu highlights the vital role of fostering a patent culture, enhancing R&D, and promoting start-ups in ensuring India's competitive edge globally. She addresses the need for sustainable development and urges students to utilize their skills for the greater good, paving the way for a brighter future.

Key Takeaways

  • Fostering a patent culture is essential for innovation.
  • R&D and start-ups are key to global competition.
  • Education must be practical and industry-aligned.
  • Focus on sustainable development is crucial.
  • Every individual should benefit from national progress.

New Delhi, Aug 1 (NationPress) President Droupadi Murmu emphasized that fostering a patent culture, together with the enhancement of R&D and start-ups, is crucial for competing on the global stage and shaping a sustainable future for our nation. Speaking at the 45th convocation of the Indian Institute of Technology (Indian School of Mines) Dhanbad, she remarked, “India's greatest asset is its extensive human resources. The growing accessibility of technical education and the proliferation of digital skills are propelling India toward becoming a technological superpower.”

President Murmu highlighted that transforming India's education system to be more practical, innovation-driven, and aligned with industry needs will channel the talent of the youth towards global opportunities.

“The trajectory of our nation is being defined by a strong commitment to nurturing advanced research and innovation while guiding brilliant young minds,” she stated, urging a focus on sustainable and equitable development.

She encouraged students to utilize their expertise in creating a Green India—where progress harmonizes with nature rather than undermining it.

“The growth of a nation is intrinsically linked to the development of its people from all walks of life. No individual should be excluded from the journey of advancement,” said Murmu.

The President acknowledged that both the country and the globe face numerous intricate and swiftly evolving challenges, including climate change, resource scarcity, digital upheaval, and social inequality.

To cultivate comprehensive thinking and devise innovative solutions for complex issues, she emphasized the importance of adopting an interdisciplinary educational approach.

“The IIT-ISM plays a pivotal role in the nation’s overall growth. Beyond training exceptional engineers and researchers, this institution must also nurture compassionate, sensitive, and purposeful professionals,” she noted.

President Murmu advised students not to confine their knowledge to personal gain, but to utilize it as a force for public good.

She urged them to harness their learning to construct a stronger and more equitable India, where advancement opportunities are accessible to everyone.

Point of View

I recognize the significance of President Murmu's address in shaping India's future. Her call to action for promoting innovation, R&D, and inclusivity reflects a comprehensive approach to national development. It is essential for our country to embrace these principles to overcome modern challenges and ensure sustainable growth.
NationPress
08/10/2025

Frequently Asked Questions

What did President Murmu emphasize about R&D?
President Murmu emphasized that enhancing R&D is crucial for competing globally and fostering a sustainable future.
How can students contribute to sustainable development?
Students can contribute by applying their knowledge to create a Green India and ensuring that development aligns with nature.
What is the role of IIT-ISM in national development?
IIT-ISM is pivotal in developing skilled professionals and fostering innovation that can drive the nation forward.
Why is a patent culture important?
A patent culture encourages innovation and protects intellectual property, which is vital for the growth of start-ups and R&D.
What challenges did President Murmu address?
She addressed challenges including climate change, resource scarcity, digital disruption, and social inequality.
Nation Press