Comments
Serial entrepreneur and founder of the Deshpande Foundation, Gururaj ‘Desh’ Deshpande, has asked “small private groups” to innovate with the help of philanthropic money and build models that can be adopted by the government. “We should not expect governments to innovate and waste energy on innovation. Instead, small private groups with the help of philanthropic money must innovate and government should adopt and implement such innovations,” he said.
He was addressing the keynote session ‘Collaborating for Big Bets’ at the Development Dialogue 2018 of the Kakatiya Sandbox at Nizamabad. The annual event was attended by more than 600 delegates, speakers, leaders, farmers, social entrepreneur and students.
Phanindra Sama, Chief Innovation Officer of the Telangana government and co-founder of the Kakatiya Sandbox, said governments were now open to innovative ideas. “The onus is on the individuals to seize this opportunity and make an impact from within,” he said.
Hyderabad Metro Managing Director N V S Reddy said only four of more than 200 mass transportation projects in the world were making profits. “When we took up the Hyderabad Metro Project under the public-private partnership (PPP) model several naysayers were sceptical about its success. We proved them wrong,” he said.
The event marked the launch of The Indus Entrepreneurs (TiE) Nizamabad chapter to boost the local entrepreneurial ecosystem.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.