Innovation Is The New Way Of Doing Things, Subramanian Swamy Told To IITians
BJP leader Subramanian Swamy has exhorted students of IITs to innovate, become entrepreneurs but never settle for a job which is how they can contribute to the nation's economy and make India a true global, economic and political power.
The Need of Innovation
"Students take engineering degrees from different streams and later pursue business courses in IIMs or some might settle down for a job. Now, to resolve India's situation, we need to understand that to become a global economic power, there are two possible ways. One is to follow steady growth by increasing capital and labour which is always associated with diminishing returns and less growth. But if one wants to jump growth curves, then the only way known in economics is through "Innovation" new ways of doing things", said Swamy whi...