Future holds bright prospects not only for Indian economy. Indian education scene is poised for a major revamp to help it reach global levels. This was the message conveyed by Union HRD Minister Kapil Sibal at the Global Summit on Higher Education organized by CII.
Sibal added that the amazing economic growth of the country would be helpful in the establishment of global campuses in India. This would be helpful in retaining those seeking higher education in the country itself, instead of drawing them away to foreign shores.
The Minister said that this ambitious vision would be possible only if the country can generate lucrative returns for the foreign investments happening in the country. “For this to happen, India needs to gear up, become ready and accommodate all the foreign attention and give them their due return for the investment in our country,” he said.
Sibal has set high goals for Indian education by saying it will fuel global economy in the next 20 – 30 years. He projected India as the future education capital of the world, global research center and knowledge destination. According to the Minister, these are inevitable steps for India, if the country wants to be part of the future world order. He termed this as ‘knowledge economy’.
Sibal spoke at length on the importance of understanding the functioning of knowledge economy at another event. He said, “The real success of the knowledge economy would depend on the quality of wealth and not the quantity. And quality can only be achieved by having people who have an orientation towards research and innovation.”
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