Institutional Innovation cell of Hans Raj
Mahila Maha Vidyalaya, Jalandhar organized another virtual innovative session
on Responsible Innovation and Frugality under the aegis of MHRD to
acquaint the students of our social, environmental and economic responsibility
towards Innovation. The session was organized with the benign support of
Principal Prof. Dr. (Mrs.) Ajay Sareen. The session began with the blessings of
the Almighty by recitation of Gayatri
Mantra. Principal Dr. Ajay Sareen conveyed her best wishes and congratulated
the Innovation Cell for its incessant efforts. She also applauded the
Innovation Ambassadors for successfully organising the Webinars. Dr. Anjana Bhatia,
Incharge Institutional Innovation cell presented a warm welcome to the Resource
Person and highlighted the features of innovative policies issued by Government
of India. Dr Swati Mehta, Post Graduate Doctorate from Punjab University , Chandigarh, Member
of Board of Control Punjab School of
Economics, GNDU and an awardee of Korean foundation of Advanced studies
Inter-Scholar Exchange Fellowships highlighted the historical perspective
of Innovation. She emphasised that the
concept of innovation is as old as the very existence of Humans. Right from the
invention of wheel to artificial intelligence and robotics, man has taken giant
leaps in innovation. In present times too, innovation depends on the uniqueness
of the idea which is the backbone of any successful venture. She also
made the students aware of the fact that every Start up is not a
rosy story and it needs a lot of struggle and challenges to sustain a business.
So the students should be well aware of the process, market trends and do
thorough research, before venturing into any business. Being an economist, she
however pointed that innovation should be responsible towards the consumption
of the factors of production, energy, environment, health safety issues and
employment issues. This is where frugal innovation comes in the picture, where
products are being designed considering the stagnant income of the middle class
people. Jaipoor foot, Nano car are some of the examples of frugal innovation.
In the end, she highlighted the concepts like social harmony, degradation,
depletion of natural resources and inequalities on income while innovating any
new concept or product. Innovations have transformed the world in a big way , but being responsible is the key to
sustainable development . Mrs Alka, Asstt. Prof. in Political Science and
Incharge Legal Literacy Cell gave the
formal vote of thanks and the webinar came to an end with a positive message
that though innovation played an effective role during COVID times, when world
transformed from ‘offline to online’ mode successfully, but responsible
innovation and frugality will emerge as the key factors towards the Sustainable Development.
