Smriti Irani Encourages IITians To Take Up Entrepreneurship

Smriti Irani at IITB convocation
Smriti Irani speaking at IIT Bhubaneswar convocation (Image: IITB)

On the occasion of fourth convocation of IIT Bhubaneswar while Delivering the convocation address, the Union Minister Smriti Irani encouraged the 109 B.Tech, 44 M.Tech, 50 M.Sc. and 12 PhD and other present at the gathering to take up entrepreneurship on the basis of innovative ideas acquired in the renowned institute across the nation. Further she added to make proper utilisation of the “Start Up India, Stand Up India” scheme and the qualified engineers were also told to harness their creative skills and invest those in startup ventures.

She also told the students that under the flagship programme Start-up India, Stand up India launched by Hon’ble Prime Minister, interested entrepreneurs can avail the loans amounting from Rs. 10000 to Rs. 10 lakh for technical and other business ventures without facing any hurdles via the MUDRA bank, which promotes financing for start-ups and offers incentives to boost entrepreneurship and job creation.

Moreover Gujarat University representatives have demanded funding from state government to support start-up policy in lieu of the scheme which was introduced the citizens of India on the occasion of 69th Independence Day. Narendra Modi on August 15, 2015 from ramparts of the Red Fort said, “We are looking at systems for enabling start-ups. We must be Number 1 in start-ups. ‘Start-up India’ & ‘Stand up India’, he said so to encourage the upcoming young generation of India to enter in the field of innovation and entrepreneurship to convert India into a manufacturing hub so that the message of “Make in India” reaches every corner of the World.

A young graduate must live his own dreams and not succumb to expectations of family and peers. “Prof CV Raman started as an auditor and rose to get a Nobel prize in Physics. This was because he listened to the voice of his heart and got the right support and environment,” Irani said.

While quoting the example of Nobel Prize winner in Physics Prof CV Raman, she said to the students that he started his life venture by becoming an auditor and won the Nobel prize later just because he listened to the voice of his heart and got the right support and environment. So the young graduate that too from IIT should also live upto their own dreams and not succumb to expectations of family and friends. In appreciation of IIT she said these are considered as the centres of creative excellence which every now and then encourages new ideas, innovations and converge them with good business plan.

While encouraging the students she urged the students interested in industrial field to start up and stand up now. She was further of the view that IITs always lay emphasis on academic excellence and innovation. She asked the students of the technical field to work on those projects wherein they can used their innovative skills. Further she added that the students of IIT Bhubaneswar can adopt two nearby villages and enable science to reach at the door steps of villagers.

In the function Sushant Sachan, who is a mechanical engineering student of B.Tech was conferred with President of India’s gold medal while the Director’s gold medal was offered to two students one was Pratik Nayak, a civil engineering student of M. Tech and Anudeep Nain, a student of Mathematics at the institute.

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