Monday, 24 August 2026 MUMBAI EDITION LIVE

CM Mohan Yadav: Skill Is New Currency, Innovation New Economy

Madhya Pradesh CM emphasizes skill and innovation, 13 MoUs signed with institutions.

Mumbai Alert · Politics Desk
Mumbai Alert · Politics Desk
Politics Desk · Mumbai Alert News · Mon, 24 August 2026 at 10:00 pm
CM Mohan Yadav: Skill Is New Currency, Innovation New Economy

Chief Minister Mohan Yadav stated that skill is the new currency and innovation is the new economy while addressing a state-level conclave in Bhopal, Madhya Pradesh. The conclave, titled Contribution of Centrally Funded Institutions for Prosperous Madhya Pradesh @ 2047, was organized by the Atal Bihari Vajpayee Institute of Good Governance and Policy Analysis.

The Chief Minister emphasized the need for institutions in the state to become centers of skill, research, innovation, and entrepreneurship. He also highlighted the importance of establishing a knowledge value chain from publication to patent, and from prototype to economy.

During the conclave, the Chief Minister held discussions with representatives of central institutions, who shed light on various sectors such as semiconductors, cyber security, drone technology, and research on critical elements. The representatives also discussed the potential for collaboration and innovation in these areas.

Chief Secretary Ashok Barnwal also addressed the conclave, citing the need to groom youths in facing the challenges posed by Artificial Intelligence. He emphasized that it is the responsibility of everyone, not just the government, to turn the state into a developed state.

As part of the conclave, 13 Memoranda of Understanding (MoUs) were signed with various education and research institutions, including IIT Indore, IISER Bhopal, NITTR Bhopal, National Design Institute, and National Forensic Science University, Bhopal. These MoUs aim to promote collaboration and innovation in various fields.

The conclave highlighted the importance of skill and innovation in driving economic growth and development. The Chief Minister's emphasis on establishing a knowledge value chain and promoting collaboration between institutions is expected to have a positive impact on the state's economy.

The event also underscored the need for collective effort to develop the state. The Chief Minister and the Chief Secretary both emphasized the importance of working together to achieve the goal of a prosperous Madhya Pradesh.

In conclusion, the conclave provided a platform for discussion and collaboration on the role of centrally funded institutions in driving economic growth and development in Madhya Pradesh. The emphasis on skill, innovation, and collaboration is expected to have a positive impact on the state's economy and development.

The state's focus on innovation and skill development is also expected to contribute to the country's overall development. As the Chief Minister noted, India will become a developed nation when every state progresses. The conclave highlighted the importance of collective effort and collaboration in achieving this goal.

Overall, the conclave was a significant step towards promoting innovation and skill development in Madhya Pradesh. The signing of 13 MoUs with various institutions marked a new beginning in the state's efforts to become a hub for innovation and entrepreneurship.

The Chief Minister's vision for a prosperous Madhya Pradesh is expected to have a positive impact on the state's economy and development. The emphasis on skill, innovation, and collaboration is expected to create new opportunities for growth and development in the state.

In the coming years, the state is expected to witness significant growth and development in various sectors. The conclave marked the beginning of a new era of innovation and collaboration in Madhya Pradesh, and the state is expected to emerge as a hub for entrepreneurship and skill development.

The event also highlighted the importance of education and research in driving economic growth and development. The institutions that signed MoUs with the state government are expected to play a significant role in promoting innovation and skill development in the state.

In conclusion, the conclave was a significant step towards promoting innovation and skill development in Madhya Pradesh. The state's focus on innovation and skill development is expected to have a positive impact on the state's economy and development, and contribute to the country's overall development.

Frequently asked questions

What was the theme of the conclave in Bhopal?

The theme of the conclave was Contribution of Centrally Funded Institutions for Prosperous Madhya Pradesh @ 2047.

How many MoUs were signed during the conclave?

13 MoUs were signed with various education and research institutions.

madhya pradeshinnovationskill developmentmohan yadav
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