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MSME and Start-ups need to be enabled to access finance to use technology optimally: Secretary MoEFCC

Secretary MoEFCC Leena Nandan highlighted the need to work through silos and also stated that technology cannot remain confined to big players due to their access to finance. MSMEs and start-ups need to be enabled to access finance to use technology optimally.

SNS | New Delhi |

Leena Nandan, Secretary MoEFCC highlighted the need to work through silos and also stated that technology cannot remain confined to big players due to their access to finance. MSMEs and start-ups need to be enabled to access finance to use technology optimally.

She was speaking at the panel discussion on “Technology Needs Assessment for Sustainable Life” hosted by the Department of Science and Technology at the India Pavilion at COP 27 to identify technology needs and their assessment for adoption for sustainable well-being of global citizens in the future.

She further said that what India and the world need today is technology. Climate change is not an issue confined to those who are seen as emitters. There is now a realization and larger and uniform understanding that Climate change cannot be wished away. It is knocking at our door.

“Climate change has led to devastation in the form of several nature-based occurrences. Our lifestyles need to change to respond to the challenges that we are facing,” said Leena Nandan.

She said that our discussions need to now focus on bridging the gaps between what we want to achieve and how to achieve it.

Secretary MoEFCC said that science is there but how to apply this science and knowledge to our activities needs to be processed. Speaking in the context of technologies in road construction she said that one size fits all cannot apply to India due to India’s huge diversity.

Technology needs assessment is different for different states. Terrain diversity forces state to find their respective solutions.

The Secretary also spoke about the Circular economy. Reduce, reuse, recycle, restore and refurbish. All R’s need the T that is technology, she said. She urged DST to engage with state governments to come up with innovative solutions.

“We need to add our bits in the larger picture only then as a country we could say that we have taken decisive steps to tackle Climate Change”, concluded the Secretary.