india-news

Improve systems to encourage innovation: Pranab Mukherjee

Chennai, Dec 20 : President Pranab Mukherjee Friday said systems should be improved to encourage innovation and attract Indian researchers working abroad to return for short term projects.


Inaugurating the School of Commerce and Economics building at Loyola College here, Mukherjee said: "We must improve our systems to encourage innovation and put in place a system to attract Indian researchers working abroad to return and work on short term projects in our country."

Stressing on the importance of innovation, he said it is the key to future economic progress.

Mukherjee said China and the US are at the forefront in the world with five lakh patent applications being filed by each in 2011.

According to him, India lags far behind as it filed only 42,000 patent applications.

He expressed his happiness at Loyola College turning out 131 doctorates over the past five years.

Mukherjee also expressed happiness at the college faculty and students having to their credit articles in 439 international and 433 national research publications during the same period.

It is also commendable that Loyola College has made a mark in industrial research through eight patents and eight more pending patents, the President said.

--IANS (Posted on 20-12-2013)

india-news headlines

Heartwarming, extraordinary stories of 10 disabled athletes

Money and liquor trail: Rs.240 crore cash, 1.3 crore litre liquor seized

Supreme Court forms panel over government advertisements

UP gangrape: NHRC asks UP Police for report

UPA made some mistakes: Rahul Gandhi

AAP seeks action against BJP MLA

Muslims need to communal for own interest: Shazia Ilmi

ECI bans Giriraj Singh from campaigning in Bihar, Jharkhand

BJP leader's Giriraj Singh's rallies banned, may be arrested soon

Apex court asks Mudgal if he would probe IPL scandal

IIT student's death: Court quashes police closure report, orders probe

Supreme Court to hear plea for relook on gay verdict in open court

Quick Links: Goa | Munnar | Pondicherry | Free Yearly Horoscope '2014

Comments

Your e-mail:


Your Full Name:


Type verification image:
verification image, type it in the box

Message:

Back to Top