Page 75 - Steel Tech India eMagazine Volume April 2022

VOL. 16 • NO. 3 • April 2022

~ 150 acres of land bounded by two highways, with then Prof. Das mentioned now a days we have to make
special power and water supply. SteP encourages ferroalloys from leaner ore and also to reduce amount
MSMes as well as new startups to come and be of impurities significantly to remain competitive with the
incubated there. IIt, Kharagpur has enormous resource foreign countries. Along with this we also have to reduce
to provide technical help to these incubators, startups, cO2 emission to be competitive and sustainable in this
entrepreneurs. MSMes. SteP works both with central market. With this brief on how SteP can help MSMes
as well as State Governments andalso provides seed as well as startups in the metals and mineral industries,
loans for various technological startups. prof. Das called upon each presenter one after the
other as per sequence mentioned above. After all the
SteP represents Ministry of Science and technology
GoI where there is a provision of grants to individual papers were presented, the session ended with Q&A.
entrepreneurs. to get this grant, one need not to be TECHNICAL SESSION # 1
associated with any organization. Any Individual of PAPER # 1: Application AI in Alloy Making
Indian citizen having an idea and has Adhar card, PAN
card and a savings bank account, the GoI gives two Sanjay Guha Thakurta; IBM, India
lack of Rupees to try out this idea. And then to make
a prototype GoI gives a grant of 20 lacs of rupees.
thereafter, anybody willing to do a business thereafter
once the prototype is successful, a grand of 50 lac is
given but the individual has to give matching 50 lacs
from any other sources. Any IPR comes out of that
belongs to that individual, GoI does not claim any part
of that IPR. they also provide help for making IPR,for
any startups IPR must be generated and protected for
its sustenance.

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