Prez for corporates funding for development in edu institutes

India, Bhutan share special relationship: PrezIndia, Bhutan share special relationship: Prez
India, Bhutan share special relationship: Prez

NEW DELHI: Asserting that higher educational institutions are the torch bearers of progress, President Pranab Mukherjee today suggested funding from corporates for research and development in universities.

He emphasised upon the need to upgrade the quality of education which can be done by improving the quality of faculty, mitigating faculty shortages, building a robust research and innovation eco-system, giving primacy to the rankings process, and developing linkages with industry, foreign universities and alumni.

“Higher educational institutions are the torch bearers of progress. Building institutions is not merely a brick and mortar activity. It represents vision of the future which we all want for our nation and the generations to come.

“Irrespective of race, gender, faith or socio-economic background, institutions of higher learning are a place where merit triumphs over individual identities, in pursuit of excellence,” said the President, who is a Visitor to central universities.

Addressing concluding session of three-day Visitor’s conference, he said there is a need for adequate financial resources for development of institutions of higher learning.

“While the Government will have to find a major part of the funds required, we should also look at other funding mechanisms like alumni and corporate sector support particularly in the area of research and development,” Mukherjee said. (AGENCIES)