The National Innovation Council has been set up to herald a 'decade of innovation' in India [ Images ] from 2011-2020.
The council, approved by Prime Minister Manmohan Singh [ Images ], is the biggest government initiative to promote innovators across all sectors.
So how far can India succeed in its attempts to boost innovation?
If the Indian government evolves a consensus on various strategies to develop and leverage innovations from both formal and informal sectors, there could be infinite opportunities for India's young and talented innovators.
The formation of a National Innovation Council is a step in the right direction if it actually evolves a model of innovation focussing on inclusive growth.
In countries like Malaysia, New Zealand [ Images ], there is a ministry focused on science, technology and innovation.
In India, the council is still evolving and has a long way to go in terms of charting out a definite course of action. The first meeting of the council is slated for September.
To read the full, original article click on this link: Will this be India's decade of innovation?: Rediff.com Business
