Oil PSUs Have Set Up Rs 300 Cr Fund To Support Start-Ups: Dharmendra Pradhan
Dharmendra Pradhan, who holds the portfolios of Steel & Petroleum Ministries asked the students to focus on entrepreneurship
Union Minister Dharmendra Pradhan asked engineering students to move away from the “traditional notions of success” and focus on entrepreneurship, saying no country can grow without the support of innovation.
Promoting entrepreneurship is a key objective of the BJP government at the Centre, he said during an interaction with students at the 72nd Annual Session of Indian Institute of Chemical Engineers at IIT-Delhi, on Sunday.
Dharmendra Pradhan, who holds the portfolios of Steel Ministry and Petroleum and Natural Gas, said India has ample intellectual capacity to solve challenges and IITs are the pride of the country. He said the premier institutes are “breeding grounds” for academic excellence.
“Oil and Gas PSUs have set up a fund of Rs 300 crore to support start-ups. I have even advised PSU companies to support innovation and entrepreneurship by employees… India is moving towards a knowledge-based economy and soon it will be at the centre of global innovation,” he said. India is a “nation of aspirations and our scientific community must contribute towards realising aspirations of our youth,” the Union Minister added.
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