Chandigarh boy receives award for presenting idea on controlling black money

November 11, 2016

This boy won Dr APJ Abdul Kalam IGNITE award for his innovative idea to stop the circulation of black money.

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Amid the ongoing ban on Rs 500 and 1000 note, a Chandigarh boy, Madhur Gupta won the coveted Dr APJ Abdul Kalam IGNITE award for his innovative idea of “secured currency notes.”

What is Dr APJ Abdul Kalam IGNITE Award?

Dr APJ Abdul Kalam IGNITE Award is a national competition

It’s a cut-throat competition, in which students must send original impressive ideas

It aims to promote creativity and originality in terms of ideas among students

Those studying in school or those out of school up to the age of 17 years can apply

The competition is organised by the National Innovation of India (NIF) in association with Central Board of Secondary Education (CBSE) and Honey Bee Network

Every year, students submit their innovative ideas to NIF, an autonomous body of the department of science and technology

Who is the latest winner?

Madhur Gupta, a class 12 student of Guru Gobind Singh Public School, was awarded by President Pranab Mukherjee on November 7at a function organised in Delhi, reported the Indian Express

He was one of the 31 selected students from over 55,000 entries

On winning the prestigious title, he said, “If my idea is implemented, circulation of forged currency and black money can be checked. He further claimed that many other currency-related crimes will be controlled.”