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PASSAGE-5
An innovative India will be inclusive as tell as technologically advanced, improving it lives of all Indians. Innovation and R&D can mitigate increases in social inequality and relieve the pressures created by rapid urbanization. The growing divergence in productivity between agriculture and knowledge-intensive manufacturing and services threatens to increase income inequality. By encouraging India's R&D labs and universities to focus on the needs of poor people and by improving the ability of informal firms to absorb knowledge, an innovation and research agenda can counter this effect. Inclusive innovation can lower the costs of goods and services and create income-earning opportunities for the poor people
An innovative India will be inclusive as tell as technologically advanced, improving it lives of all Indians. Innovation and R&D can mitigate increases in social inequality and relieve the pressures created by rapid urbanization. The growing divergence in productivity between agriculture and knowledge-intensive manufacturing and services threatens to increase income inequality. By encouraging India's R&D labs and universities to focus on the needs of poor people and by improving the ability of informal firms to absorb knowledge, an innovation and research agenda can counter this effect. Inclusive innovation can lower the costs of goods and services and create income-earning opportunities for the poor people
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