An elected fellow of the National Academy of Engineering and the American Society for Engineering Education, he has been feted for contributions to leadership, education and research.

He said that earlier, whenever he had spoken to Indian government officials about some concepts that could be introduced here, the bureaucracy got in the way.

"Whenever I used to talk to somebody about an idea, I was told this was not in the Five-Year Plan or this was in the plan but was not executed well. I don't know... somehow there was this bureaucracy out there that was a parallel bureaucracy to the Prime Minister's office and parliament," said the Honorary Fellow of the Indian Academy of Science.

In this context, he noted that the burial of the Planning Commission would usher in a brand new way of thinking and speed up new ventures in India. "I think you will see now a brand new thinking and I feel very positive about what I see here. Things will become faster...new ideas, new people," he said.

Khosla also pointed out the government needs to step up on helping scientists to get most out of their research and innovation. This would encourage scientists to stay back in India and also make money.

"They should see that whatever's going on (scientific research) has an easy path to commercialization. It would encourage them to stay back and also give them a chance to make some money and create opportunities which are beyond working for large multinationals.

"So right now you have to work for large multinationals. The government should frame new policy to encourage entrepreneurial activity that would expand research," Khosla said. UCSD is one of America's Public Ivy universities, which refers to top establishments that provide Ivy League educational experience at a public school price.

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