New Delhi: Prime Minister Narendra Modi, while addressing 51st convocation of IIT-Delhi on Saturday, urged the graduates to recognize the needs of the country and connect with the changes on the ground. “India is committed to provide 'ease of doing business' to its youth so that they can focus on bringing ‘ease of living’ to the countrymen, he said.

Giving IITians the mantra of quality, scalability, reliability and adaptability, Prime Minister Modi asked the fresh IIT graduates to recognize the needs of the country and connect with the changes on the ground. He also asked them to identify with the aspirations of the common people in the context of Atma Nirbhar Bharat.

Congratulating more than 2000 IITians on their convocation, he said Atma Nirbhar Campaign is a mission that gives opportunities to youth, technocrats and tech-enterprise leaders of the country. He said today a favorable environment has been created for implementation of the ideas and innovation of the technocrats freely and to scale them and market them easily.

He said that today's India is committed to provide 'ease of doing business' to its youth so that they can bring changes in the life of crores of their countrymen through their innovation. "The country will give you 'ease of business' you just work for 'ease of living' of the people of this country," Modi said. He explained that this has been the thought process behind the major reforms that have been done in almost every sector in the recent past.

The Prime Minister said Other Service Provider (OSP) guidelines have been simplified and restrictions have been removed recently, which would reduce the Burden of Compliance for BPO Industries. He said BPO Industry has also been exempted from various requirements including bank guarantee. He added that provisions that prevented the Tech Industry from facilities such as work from home or work from anywhere, have also been removed. This will make the country's IT sector globally competitive and will give more opportunities to young talent.

The Prime Minister said today India is among the countries where corporate tax is the lowest. More than 50 thousand startups have started in India since the Start-up India campaign. He listed the outcome of the Government’s efforts with respect to promoting startups like the four-fold increase in the number of patents in the country in the last five years, a 5-fold increase in trademark registrations.

The Prime Minister pointed out that today from incubation to funding, Startups are being helped. He said for funding of startups, Fund of Funds has been created with a corpus of Rs 10 thousand crores. In addition for a period of three years, startups are offered many facilities like tax exemption, self-certification and easy exit.

The Prime Minister gave four mantras to the students for their workplace: Focus on quality; never compromise; ensure scalability; make your innovations work at a mass scale; assure reliability; build long-term trust in the market, and bring in adaptability; be open to change and expect un-certainty as a way of life.

He said working on these basic mantras will bring shine on one’s identity as well as on brand India, since students are India's biggest brand ambassadors. He remarked the work of the students will give global recognition to the country's product and will accelerate the efforts of the country.

The Prime Minister said post-Covid world is going to be very different and technology will play the biggest role in it. He said that virtual reality was never thought of but now virtual reality and augmented reality have become the working reality. He said the present batch of students has a first mover advantage to learn and adapt to the new norms emerging in the workplace and he urged them to make most use of this.

The Prime Minister said the country has shown in the recent past, how technology can be the most powerful means for the governance to reach the poorest of the poor. He listed the schemes of the government which have reached the poorest of the poor with the help of technology like construction of toilets, gas connections, etc. He said the country is making rapid strides in digital delivery of services and making the lives of ordinary citizens easier.

He remarked technology has made last mile delivery efficient and reduced the scope of corruption. In the case of Digital Transactions also, India is far ahead of many countries of the world and even the developed countries want to adopt Indian platforms like UPI.

He praised the students’ exceptional abilities since they passed one of the toughest exams at a young age, at the same time he advised them to be flexible and humble to further enhance their ability. By flexibility he meant not to shed one’s identity at any point while never hesitating from fitting into a team. By humility, he meant to be down to earth while being proud of one’s success and achievements. /BI/