Expert Comm on innovation & entrepreneurship comes out with recommendations; invites suggestions
Updated: Oct 29, 2015 05:35:27pm
The Committee has now come out with some specific recommendations and has called for comments and suggestions.
“Comments/Suggestions are invited on Specific Recommendations of the Expert Committee on Innovation and Entrepreneurship, constituted by NITI Aayog, latest by 28th November 2015. Please send your Comments/Suggestions to Dr. D. Bhardwaj by Email at bhardwaj-pc@nic.in in the prescribed format only,” said an official notification.
Among the short term recommendations are to providing adequate support to early-stage ventures. Under this, the Committee has outlined steps to Utilisation of AIM Funds; Harnessing Corporate Funds to Finance R&D; Improving the Efficiency of Incubators; Utilisation of SETU Funds; Fostering a National Entrepreneurship and Innovation Movement.
Under Medium Term recommendations are to create an enabling environment for innovation – This includes - Embracing the Platform Mindset; Reforming the Education System and Upskilling Workers:; Strengthening the Intellectual Property (IP) Rights Regime; Improving the Ease of Doing Business.
Longer term recommendations have to do with addressing the cultural Context: Steps towards this are to Attach Entrepreneurship to Large Scale Economic and Social Programs; Promote New, High-Potential Sectors via the “Make in India” Campaign; Foster and encourage a Culture of Coordination and Collaboration; Redefine Success; Make Entrepreneurship Part of the Social-inclusion Agenda. (KNN Bureau)