Transcript: New from BookNet Canada for 2024: Loan Stars - Tech Forum 2024
RUDRAANSH-5
1. Brain Gain: Promoting Research
and Innovation
Without tradition, art is a flock of sheep without a shepherd.
Without innovation, it is a corpse.
Winston Churchill
Team Details
Nishant Anand Havaldar
Rajesh Kumar Choudhary
Argha Tribedi
Abhay Sengar
Sharun. S
Amrita Vishwa Vidyapeetham , Kerala
2. With a 1 billion+ population India's scientific research-rank slips to
far below than the leading science nations such as The UK ,US and
Japan.
0
10
20
30
40
50
60
70
80
No. of universities in top
200
A) The nation spends only 0.9% of GDP on
R&D keeping us way behind these other
nations.
Hypothesis-Energy crisis, potable water
shortage and brain drain .
B) Private sector, which contributes only one-
fourth of the total expenditure on research
and development in the country.
Hypothesis- imports spending is more than
export earnings, hence leads to current
account deficit (CAD).
C) Inability of Indian Universities to book a
spot in the elite list- A NATIONAL SHAME in
spite of India claiming to have substantially
increased its spending on higher education
in recent years whereas there are seven
institutions from China which figured in top-
200 institutions at a global level.
3. An efficient innovation system of firms, research centres, universities,
consultants to provide infrastructure for dynamic flow of information.
Role of
Government
Identify critical areas of
research and create
opportunities.
Role of
Universities
Collaborate among various
universities and impart
practical based education.
Role of
Domestic
Industries
Production of self made
technological know-how.
4. Reverse brain drain-need of the hour
Remigration
of expats
Transfer of skills and
knowledge
Domestic products will
gain a competitive edge
Improvisation and
strengthening of Indian
economy
Creates a ripple effect
to lure more migrants
5. Prob: Multinationals don’t
invest in our economy due to
instability in the
administration .
Prob: Domestic industries
cannot grow
comprehensively .
Prob: Our nation’s shape
invokes perjury of which
intellectuals refrain .
Sol: Suggested measures to
stabilize the statecraft :
Anti corruption model of
US and the UK must be
adopted .
Decentralization of power
.Eg for every major govt
project monitoring of capital
flow should be done by a
committee comprising of ex-
corporates .
RTI act should be made a
‘’ZERO STEP PROCESS’’.
Sol: This shows a lack of
strong decision making body
in the country.
Rural placement of key govt
officers at the beginning of
the career should be made
compulsory .Eg Chinese
senior soldiers .
PM candidates should
debate face to face sharing a
single stage on national TV
during election campaigning
days .
This fosters entrustment on
leaders .
Sol: Incorporating
transparency in the system
will cater the social needs of
academicians .
The PM should address
the common people , at
least once a month and
keep the nation updated
about the key developments
being done/implemented.
Eg Venezuela ,Cuba etc.
THE MOTION FOR GOVERNMENT
6. INDIAN
UNIVERSITIES
Premier Indian institutes
like IIT,IIM,AIIMS should
have an arrangement with
the students which
compels them to work in
INDIA for a fixed period of
time .
Eg: IIST(ISRO), Trivandrum
has an agreement of 5
years .
Teachers should conduct
and encourage students
to engage in real time
projects which benefit
the society.
Eg: A-VIEW virtual lab
software for AAKASH
tablets developed by
Amrita University .
To sign MoUs with
Foreign universities
which guarantees regular
exchange of students and
information across
continents who share the
same ventures and
projects.
Eg: Manipal university
student exchange
program .
7.
8. Govt.sectorPrivatesectormixed
Increase fund for research from
0.9% to 1.6% of GDP .
Govt. employees should give away a
day’s salary on Teacher’s day for
research institutes .
Millionaires should donate a
considerable amount of money to
their alma mater in order to improve
the quality of research .
Sponsor bright PhD and PG students
to pursue their career in research
field and hence fulfill the needs of
the industry .
Luxury and entertainment taxes for R&D
dept.
9. BOLLYWOOD LUXURY LIFESTYLE
Total turnover 2012-13 : Rs. 7,350 cr. Net earning 2012-13 : Rs. 3,561 cr.
Proposed R&D tax : 1% per movie
(Animation technology, cancer research).
Proposed R&D tax : 1% per luxury car*
(petroleum research, automobile indst.)
Total collection = Rs. 73.50 cr. per year. Total collection = Rs. 35.61 cr. per year.
*cars costing more than 30 lakhs
The R&D development model will generate around INR 100 cr. of
funding from government and corporate bodies annually.
10. SCALING THE IMPACT AND THE CHALLENGES FACED
With more flux of Quality
human resource there will
surely be a growth in exports.
This will lead to the
strengthening of the INDIAN
Economy as well as there will be
a growth in the GDP.
Steep rise in the standard of
Living of the common people at
large .
Legal challenges- Immigration laws
should be made more relaxed to
encourage the inflow of immigrants back
to India. Also increased strictness in us
immigration law is leading to reverse
brain drain to India .
Political challenges : Any foreign scholar
when given a key position in India is
looked upon by suspicion by various
political parties. Govt. has to make them
trust the capabilities of the person which
has to be utilised for the collective good
of the state.
A feeling of PRIDE for the motherland.
Instillation of good value based system
SCALING THE IMPACT THE CHALLENGES FACED
11. • Innovation in India – Nesta .
• Indian research and innovation data - Google Scholar.
• Top 200 world universities – THE rankings - Telegraph
• MIT Press Journals - Review of Economics and Statistics – Abstract .
• Determinants of R&D in an LDC: The Indian engineering industry, Science direct
journal 2012 .
• Interviews
• DR. BALAKRISHNAN SANKAR
Professor and Chairperson, Mech Dept. Amrita University .
Ph. D. (University of Texas at Austin, USA) .
• DR. SUNDARARAMAN GOPALAN
Associate Professor and Chairperson, ECE Dept. Amrita University .
Ph. D. (University of Texas at Austin, USA).
APPENDIX