CMS National Lecture Series onAnalysing and Envisioning India!

Dated: 24 June 2011

Dr R A Mashelkar delivered CMS National Lecture on " Launching an Indian Inclusive Innovation Initiative"

As part of the ongoing National Lecture Series organised by CMS in collaboration with Nehru Memorial Museum & Library (NMML) eminent scientist Dr R A Mashelkar delivered the 11th national lecture titled "On launching an Indian Inclusive Innovation Initiative". The lecture was presided over by Prof. P V Indiresan, former Director, IIT Madras. Chairman CMS, Dr N Bhaskara Rao was also present on the occasion.

Dr Mashelkar started his lecture by defining Innovation as the successful exploitation of a new idea. He emphasized and explained why innovation is crucial for the development of the country. He discussed how innovation leads to:

  • New products
  • New services
  • New markets
  • Improved efficiency
  • Improved productivity
  • Improved performance, and
  • Improved quality

    • His central theme in the lecture was how to achieve "More from less for more" through innovation. He defined inclusive innovation as "Getting more from less for more and more people". To make this concept comprehensible he cited several examples of innovation in the health and automobile sector. Dr Mashelkar emphasized that in a country with 4 billion people having income less than $2 a day, we need not 'low cost' but 'ultra low cost solutions' and not just 'affordability' but 'extreme affordability'. To ensure that innovation in various sectors gets momentum there is need for conducive public policy. This include:

  • Policy on mandating institutions to drive the inclusive innovation agenda
  • Incentivizing public and private sector to undertake R&D leading to inclusive innovations
  • Public procurement, guaranteed off-takes, price subsidy for inclusive innovation products and services
  • Targeted funding for inclusive innovation
  • Fiscal incentives for inclusive innovation
  • National and global recognition for game changing inclusive innovation

    • The programme concluded with the presentation of 'Role Model Award' to Dr R A Mashelkar by Prof. P V Indiresan, former Director, IIT Madras and Dr N Bhaskara Rao (Chairman, CMS).

    Dated: 24 june 2011
    On Launching an Indian Inclusive Innovation Initiative
     
     
     
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