Innovation and incubation have become buzzwords for New India ... They are the new approach to the task of nation - building And helping to find practical and out-of the box solutions to every day problems in various fields are events that have come to be popular as hackathons. Hackathons are attempts to find homegrown solutions to problems. On Monday the second edition of the Singapore-India Hackathon, that started at IIT-Madras on Saturday came to an end. This first joint international hackathon between India and any other country is an initiative of Prime Minister Narendra Modi. Addressing the event Prime Minister Modi said through events like the hackathons .. the aim is to create an ecosystem for innovation in India. Reiterating that India was poised to become a 5 trillion dollar economy, the PM stated that innovation and startups will play a crucial role in achieving the milestone. Today on the show, we talk in greater detail about not only this joint international hackathon between India and Singapore, but also the different types of hackathons and their benefits in various sectors.