Future economy will be of intraplanetary nature: Kalam

Former President A P J Abdul Kalam today said the future economy will be of intraplanetary nature and it is important to evolve multidisciplinary leaders to manage energy economics efficiently.

Updated: Jun 01, 2010, 20:34 PM IST

Mumbai: Former President A P J Abdul Kalam
today said the future economy will be of intraplanetary
nature and it is important to evolve multidisciplinary leaders
to manage energy economics efficiently.

"By 2050, India will have world`s one fifth population
and to provide basic requirements to them like energy and
water, multidisciplinary basic science, energy efficient and
cost effective technologies including harnessing solar power
from space have to be developed indigenously," Kalam said.

He was speaking at the second TIFR Foundation Lecture on
`Science: The foundation of Growth`.

Refined technologies to harness and recycle water, solar
energy and use of alternate fuels for transportation will be
some of the major challenges for scientists. Also, newer and
novel ideas have to be evolved by young science leaders, he
said.

"We need to embark on a programme in solar energy systems
and technologies, for both large, centralised applications as
well as small, decentralised requirements concurrently, for
applications in both rural and urban areas," Kalam said.

The key to success of this programme is the development
of high efficiency Photovoltaic (PV) cell using carbon nano
tubes (CNT) from the current 20 per cent to 55 per cent in the
next two to three years and commercial production immediately.

PTI