IIT-Kharagpur graduates have banded together to provide their home state with professional competence in order to boost Bengal's economy and ensure proper and equal distribution of gains.
The alumni have founded the Aspiration Bengal Foundation, a non-profit organisation, in a "first-of-its-kind initiative" for Bengal.
Its goal is to intervene at the policy level to create the ideal climate for investment.
In order to increase farm production and expand opportunities in the food processing industry, the foundation has also established a corpus to support appropriate research in Bengal's academic institutions.
Approximately 300 people from various countries make up our foundation. All, with the exception of a few, are from IIT-Kharagpur.
We have a tremendous sense of responsibility to contribute to the state because of this, said Partha S. Banerjee, a trustee on the ABF board.
"We developed this project as a result of our sense of duty. There is no example of a group of graduates from any academic institution banding together to aid a state, according to our research," he continued.
The foundation, which was established in October 2021, has taken a meticulous approach in an effort to put the Bengal economy on a higher growth trajectory.
They have recognised Bengal's strengths and limitations to focus on industries that can draw investments as part of their strategy to support state government initiatives.