Modi promises ease of doing business to students at IIT Delhi convocation

PM Narendra Modi addressing the 51st Annual Convocation ceremony of IIT Delhi (Photo: @narendramodi/Twitter)

New Delhi (NVI): The country will give you the ease of doing business, you bring ease of living to the poorest of the poor by working on new innovations, said Prime Minister Narendra Modi to graduating batch of Indian Institute of Technology (IIT) Delhi.

He encouraged students to work on start-ups and focus on innovation to solve the country’s problems.

In a virtual address to students and faculty at IIT Delhi’s 51st convocation, Modi asked the students to identify the needs of the country and work towards building a self-reliant India.

He called the students the biggest brand ambassadors of the brand India. Innovation, he said, is the commonality between all IIT campuses.

Linking the need for innovation to the pandemic, Modi said the post-Covid world is going to be very different and innovation and technology will play a big role in that world.

Encouraging students to innovate, the PM said, “India is bound to give ease of doing business to its youth, so that they can innovate and improve the lives of crores of Indians. We will give you ease of doing business, you focus on improving the ease of living of citizens.”

Referring to his government’s reforms in several sectors in the last few months, Modi added, “For the first time, there are possibilities for innovation and start-ups in the agriculture sector… for the first time, there is opportunity for investment in the space sector.”

During the convocation, Modi also spoke about the central government’s ‘Startup India’, saying that over 50,000 start-ups have come into existence since the launch of the scheme in 2015.

He said start-ups are growing in the field of finance technology, agriculture, medicine and defence.

The PM highlighted that at least 20 ‘unicorns’ have been created in India by Indians as he sought to encourage the graduating batch to achieve the same. ‘Unicorn’ indicates a privately held start-up valued at over $1 billion.

A total of 2,019 students received their degrees from IIT-Delhi today. The golden jubilee celebration was held in a hybrid mode with a physical in-person ceremony with limited attendance in the institute.

At the event, Education Minister Ramesh Pokhriyal Nishank also launched ‘eVidya’ portal. It stands for Enabling Virtual and Interactive-learning for Driving Youth Advancement.