The document discusses promoting research and innovation in India through attracting and retaining skilled migrants and students. It notes that India loses $2 billion annually due to emigration of computer experts and $10 billion from students going abroad for higher education. Fewer than 1% of Indian students pursue doctoral studies and many prefer going abroad, resulting in India producing only around 125 PhDs in computer engineering each year despite graduating over 1.7 million engineering students. It is proposed to provide assistance converting ideas into business plans and funding, mentorship, and networking opportunities through the Technology Incubation and Entrepreneurial Training Society to promote entrepreneurship and innovation.