Innovations, enterprise key to India's development: PM Modi
Mumbai, Aug 11 : Innovation is the "buzz-word" of the 21st century and any society which does not innovate will stagnate, Prime Minister Narendra Modi said here on Saturday.
He said innovations, along with enterprise, shall be the foundation for making India a developed economy and pave the way for a long-term sustainable, technology-led economic growth of the country.
Modi was addressing the 56th annual convocation of the Indian Institute of Technology, Bombay (IIT-B) during its ongoing Diamond Jubilee celebrations here.
The Prime Minister pointed out that India is now looked upon as a nursery of unicorn start-ups (worth more than a billion dollars), for which one of the biggest source of talent in this revolution are the IITs in the country.
"That India is emerging as the hub for start-ups shows the thirst for innovations... We must make India as the most attractive destination for innovations and enterprise," Modi added.
"We must build on this... It will not happen only through government efforts but by youngsters here... The best ideas come in their minds and not in government offices," Modi said.
He appealed to the young IIT graduates to innovate in India. Innovate for humanity -- mitigating climate change to ensure better agricultural productivity, water conservation, clean energy, combat malnutrition, effective waste management and other areas.
Earlier, the IIT-B conferred an honorary Doctor of Science on former alumnus, Romesh T. Wadhvani, the founder-chairman of Symphony Technology Group in California, US.
Modi gave away gold medals to three top distinguished students of IIT-B and silver medals to 43 others in various categories.
Later, Modi inaugurated the new building of the Department of Energy Science and Engineering and the Centre for Environmental Science and Engineering, at the IIT-B, that has been selected as one of the Institutions of Eminence by the government.
Present on the occasion were Maharashtra Governor C.V. Rao, Chief Minister Devendra Fadnavis, Union Human Resource Development Minister Prakash Javadekar, IIT-B Board of Governors Chairman Dilip Shanghvi, IIT-B Director Prof. Devang Khakhar and others.
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Fake notes with 'movie shooting purpose only' written on them send police into tizzy in Sirsi
Sirsi (Karnataka), Apr 8 (PTI): The police in Uttar Kannada went into a tizzy on Tuesday after they found fake currency notes of Rs 500 denomination from a house in Dandeli with 'movie shooting purpose only' written on them.
Based on a tip-off, police searched a rented house at Gandhinagar in Dandeli and confiscated the fake currency notes along with a money counting machine.
Arshad Khan, who is said to be from Goa, was staying as a tenant in the house belonging to Noorjan Jhunjuwadkar, police said.
Police were informed after Jhunjuwadkar noticed that Khan was absent from the house for the past one month.
The fake currency notes had the inscription 'Reverse Bank of India' on them, but did not have the signature of the RBI governor, police said.
The notes were printed on a shining paper with only zeros written in the place of the number, and 'movie shooting purpose only' inscribed on them, police said.
A hunt is on to trace Khan to question him about the seizure, they added.
