IASbhai Daily Editorial Hunt | 21st Oct 2020
When obstacles arise, you change your direction to reach your goal; you do not change your decision to get there. –Zig Ziglar
EDITORIAL HUNT #200 :“Innovation Ecosystem in India | UPSC”
Amitabh Kant | Satwik Mishra
Innovation Ecosystem in India | UPSC
Amitabh Kant is CEO and Satwik Mishra is a Young Professional, respectively, at NITI Aayog.
The many bright spots on India’s innovation horizon
Recognising the potential, the government is putting in place a framework of collaboration, facilitation and regulation
SYLLABUS COVERED: GS 3 : Science and Technology : Schemes
Innovation if held as key for the next decade can fix a sweet spot for India in the list of developed Countries . Discuss-(GS 3)
- Innovation is the key
- Real Potentials
- Government of India Schemes and Policies
- Way Forward
- INNOVATION IS THE KEY : Innovation rearranges existing elements into permutations and combinations that benefit society.
- DEBT AND DESTINY : A fortune minus zero is a fortune.A debt subtracted from zero is a fortune.
- DEEP POCKETS : A fortune subtracted from zero is a debt. The product of zero multiplied by a debt or fortune is zero.
- REORDERED HISTORY : The novel coronavirus pandemic provides an opportunity for similar reordering for posterity.
- FERTILE GROUND : India is a fertile ground to be a technology-led innovation garage.
- INTERNET USAGE : It is the fastest growing country in terms of Internet usage, with over 700 million users and the number projected to rise to 974 million by 2025.
- FINANCIAL INCLUSION : The JAM trinity (Jan Dhan, Aadhaar, Mobile) trinity has 404 million Jan Dhan bank accounts with 1.2 billion Aadhaar and 1.2 billion mobile subscribers.
- POSSIBILITIES : Innovation in India is being structured around the triad of collaboration, facilitation and responsible regulation.
- CROSS-DISCIPLINARY COLLABORATION : In his famous essay, ‘I Pencil’, Leonard Read brings forward the wonder of collaboration between people cutting trees, mining graphite, working in factories, marketing, designing and managing, just to produce a single pencil.
- EXPONENTIAL GROWTH : Innovation is a recombinant and brings tangential benefits through products and services that may not even have been its initial purpose.
- POTENTIAL OF TECHNOLOGY : People tend to overestimate the impact of a new technology in the short run, but to underestimate it in the long run.
- VAISHVIK BHARATIYA VAIGYANIK (VAIBHAV) SUMMIT : It was inaugurated on October 2, more than 3,000 overseas Indian-origin academicians and scientists from 55 countries participated to ideate on innovative solutions to our challenges.
- A TRUE SANGAM : The Prime Minister articulated -“a true sangam or confluence of great minds” where “we sit to form our long-lasting association for empowering India and our planet”.
- RAISE 2020 SUMMIT : This has been concomitant to the Responsible AI for Social Empowerment (RAISE) 2020 summit , which was from October 5-9.
- DISRUPTING START UPS : This focus on celebrating innovation has led to several start-ups disrupting the Indian market.
- THE RECENT WINNERS : ‘Digital India AatmaNirbhar Bharat Innovate Challenge’ – Chingari with its video communication tools and MapMyIndia with its elaborative maps, ‘Logically’ are becoming household names.
- NEO-BANKING : Yelo is offering neo-banking payment and money transfer services online for workers in the gig economy.
- NIRAMAI : Non-Invasive Risk Assessment with Machine Intelligence uses an AI-based thermal imaging portable tool that carries out non-invasive breast cancer screening for women for early detection.
- QURE.AI : It uses AI for health-care diagnostics in rural India, tackling challenges such as tuberculosis and now COVID-19.
- VERNACULAR.AI : It offers a voice-based AI product that can understand up to 10 Indian languages and around 160 dialects.
- RISK CAPITAL : Innovation needs risk capital in terms of resources and psychological security for researchers.
- CONDUCIVE ENVIRONMENT : It needs an environment where it is safe to fail.
A COMPREHENSIVE FRAMEWORK
Government of India is incentivising research and development with several schemes such as:
- Innovation in Science Pursuit for Inspired Research (INSPIRE) scholarships
- The Ramanujan Fellowship, the Knowledge Involvement in Research Advancement through Nurturing (KIRAN) scheme
- Smart India Hackathons (SIH)
- Atal Innovation Mission (AIM)
- Biotechnology Ignition Grant (BIG) scheme
- Future Skills PRIME (Programme for Reskilling/Upskilling of IT Manpower for Employability) capacity building platform
- Scheme for Transformational and Advanced Research in Sciences (STARS)
- Scheme for Promotion of Academic and Research Collaboration (SPARC)
- Impactful Policy Research in Social Science (IMPRESS)
- REGULATORY SANDBOXES : The Reserve Bank of India, Securities and Exchange Board of India (SEBI) allow for regulatory sandboxes for piloting new ideas.
- CLOUD SERVICES : The Telecom Regulatory Authority of India (TRAI) has recently introduced recommendations for regulating cloud services in India, suggesting a light-touch regulation in collaboration with industry.
A BETTER LIFE
- ARTIFICIAL INTELLIGENCE : Innovation has the potential to build a future where AI will transform education and health care.
- BLOCKCHAIN TECHNOLOGY : Machine learning and blockchain will make commerce robust and resilient.
- BIO TECHNOLOGY : Gene-drives would exterminate invasive and harmful species, gene-editing would help us bring back extinct species and reinvigorate depleted ecosystems.
There is ‘in-deed’ merit in relentless focus on innovation as it essentially augments ease of living for citizens, dematerialising and democratising products and services.
SOURCES: THE HINDU EDITORIAL HUNT | Innovation Ecosystem in India | UPSC