Prime Minister Narendra Modi has 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 Atamnirbanar Bharat.

The Prime Minister was addressing the 51st Annual Convocation Ceremony of IIT Delhi as Chief Guest via video conferencing, here today.

Congratulating more than 2000 IITians on their convocation, the Prime Minister said AtmaNirbhar Campaign is a mission that gives opportunities to youth, technocrats and tech-enterprise leaders of the country.

He said today a favourable environment has been created for the 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 providing ‘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,” he 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. He listed the sectors where opportunities have been created for innovation and new start-ups for the first time due to the reforms.

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 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 crore. In addition for a period of 3 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:

1. Focus on quality; never compromise.
2. Ensure scalability; make your innovations work at a mass scale.
3. Assure reliability; build long-term trust in the market.
4. Bring in adaptability; be open to change and expect un-certainty as a way of life.

The Prime Minister said the post-Covid world is going to be very different and technology will play the biggest role in it. He said 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 the most use of this. He said Covid -19 has taught Globalization is important but Self-Reliance is equally important.

Prime Minister Narendra Modi wished the students their parents, guides and faculty for the convocation. He also wished IIT Delhi on its Diamond jubilee celebration and wished them success in achieving the goals envisioned by the institute for this decade.