Translation (English-Hindi) Exercise – 48
With
all this happening at such an incredible pace worldwide, what is it that we see
missing in India today? May be a holistic innovation ecosystem which allows the
cognitive capacity of our ever-growing workforce to express themselves as
innovators and job creators. With over 1.35 billion people, close to a million
schools, around 10,500 engineering establishments and a similar number of
business schools, we need to ensure that the future generations are enabled and
are able to realise their true potential and get opportunity to express and
innovate. We need to address issues such as the need to update curricula as per
the growing industry requirements, communication skills and techniques to
improve technical writing. We should also focus on institutional strategies to
increase the visibility of research conducted by scientists and financing of
entrepreneurial activities; to promote and create incentives for
commercializing innovations which are worthy and promote talent which aims at
socio-economic improvement of the society at large. The Indian government has
actively identified the policy gaps that exist in the industrial and innovation
ecosystem and is implementing appropriate reforms to address and accelerate the
growth of the ecosystem. The efforts can be seen bearing fruits as we see
improvement in the Ease of Doing Business rankings. There have also been
numerous Productivity Linked Incentives (PLI) schemes which have been rolled
out in the last 18 months to provide acceleration to the manufacturing sector.
All these and many more positive steps are being taken to ensure a leapfrog
development of the Indian ecosystem.
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