Tuesday, December 25, 2007

Innovations need for economic development: Kalam

     Innovations are necessary for the economic development of the country as it impacts the largest section of the society, former President APJ Abdul Kalam said on Saturday.

"Innovations are necessary as it impacts the larger section of the society, especially the rural sector, and is also important for prompting economic prosperity of the nation," Kalam said after presenting the second EMPI-Indian Express "Indian Innovation Awards 2006" here today.

Stressing on the need to promote innovations not only in the field of technology but also in economic, political, social and other fields, he said, "India stands at 23 position in this years innovative index, the United States tops the list, while Germany holds the second place."
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