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President inaugurates Festival of Innovation and Entrepreneurship

Date: 16 March 2019 Tags: Miscellaneous

President of India Ram Nath Kovind inaugurated Festival of Innovation and Entrepreneurship (FINE) in Gandhinagar, Gujarat. On this occasion, he also presented 10th Biennial National Grassroots Innovation Awards.

Festival of Innovation and Entrepreneurship (FINE)

  • It is unique initiative of President of India’s Office to recognize, respect and reward grassroots innovations and foster a supportive ecosystem.
  • It was launched in 2015 and was previously known as Festival of Innovation (FOIN). Since then it is organized every year to celebrate country's innovation potential, particularly.
  • It is organised by Rashtrapati Bhavan (President's Secretariat) in association with National Innovation Foundation-India (NIFI) and Department of Science and Technology (DST).
  • It aims to provide provides platform to innovators for building linkages with potential stakeholders whose support can improve their prospects in coming years for the larger social good.
  • It also promotes lateral learning and linkages among the innovators to enrich the ecosystem for new India.
  • It celebrates ideas which stem from grassroots level including citizen at the last mile and also seek to reflect power of children’s creativity.
  • It provides window to creative and innovative solutions for social development through grassroots innovations, student ideas and other technologies for rural development, agriculture, health, sanitation, women and child development, medical innovation and biotechnology for grassroots level.
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