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Indian innovators driving the country forward Bangalore: Innovative ideas are not a new thing for Indians, especially with India's premiere institute like IITs churning out batches of sharpest minds around. Many innovators have been trying to simplify some process or change something traditional with the help of latest technology. One such example can be taken of Pradip Sharmah who has collaborated with IIT Guwahati to design lighter, larger and more stable rickshaws, about 5000 of which are currently plying on the roads in Assam and other states.

Sharmah has also worked with the Centre for Rural Development to approach insurance companies and banks to provide rickshaw pullers with social security and financing options. "We provide them with a comprehensive package that includes the newly designed rickshaw, the insurance, two sets of uniforms, a license from the municipal corporation, a photo ID and a pair of Hawaii chappals (slippers)," he said to Live Mint. "The best part is we are not doing this as charity. Nothing is given free. These rickshaw pullers pay us Rs. 25 a day as rent, but this leads him to become an owner of that asset in 15-18 months time."

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Author: SiliconIndia