Economy

Technology and money can alleviate poverty: Bhaumik

| Updated on: Feb 06, 2011

Indian-born American physicist Dr Mani Bhaumik is confident that alleviation of poverty is possible with the help of money and technological innovation.

“More capital in the world today is looking for safe investment but it should be armed with latest technological innovation aimed at an all-round development to alleviate poverty,” Dr Bhaumik said, addressing members of the Bengal National Chamber of Commerce and Industry (BNCCI) here, which felicitated him.

However, there should be close collaboration with industries and institutes, including research wings, for inputs in poverty alleviation mechanism, which could be creditable, sustainable and dependable, the Padma Shri awardee said.

The NRI scientist has shown keen interest in investing in West Bengal by setting up an IT-oriented research university on 15 acres of land near E M Bypass provided by the State government.

“I received the land from the State government in three days, but even in three years it has not been possible to set up the university because of an injunction by the court,” he said.

Dr Bhaumik has met the Chief Minister, Mr Buddhadeb Bhattacharjee, to overcome this hurdle. He has already set up a foundation in the city to help meritorious students, who are poor.

Published on February 06, 2011

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