Presented By:

Ms. Richa & Ms. Stuti

SIMC

Theme of Summit

This summit reveals India’s vision to

build a 21st century model for higher

education that is of high-quality,

equitable and affordable, and be a

model of a higher education system

that is not just the best in the world

but the best for the world.

HRD Minister – Ms. Smriti Irani

She said, "To address the issue of

quality in higher education, the

Government has announced GIAN

(Global Initiative for Academic Network)

inviting industry experts and

academician’s world over to teach in

different Indian universities.”

Ms. Nikki Randhawa Haley,

Governor of South Carolina,

USA She stated that the US and India were

natural allies in strengthening theeducation system and improving thequality of life.

“We hope to see a deepening of thestudent exchange programme with Indiaand I see a bright future for this country,”she said and added that South Carolinawould always look to supportpartnerships in education with India.

Mr. Greg Clark, Minister of

State for Universities,

Science and Cities, The UK,

He in his address, announced that the

British Government had initiated a

programme, under which 25000 young

people would be sent to India to study in

the next five years. The first batch of

students will reach Indian shores next

summer, he said.

Dr. (Ms.) Jyotsna Suri,

President-elect, FICCI She in her remarks pointed out that FICCI’s

Vision 2030 for higher education in India proposes

A three tiered higher education system representing Research focused,

Career focused

Foundation institutions.

This differentiated approach will offer students awider variety of unique and quality programs at bothgraduate and undergraduate levels. This way, whileplanned expansion will create capacity for the everincreasing numbers of students, the differentiatedsystem will be instrumental in directing them to theright stream and the appropriate institution.

Final Remarks by Mr Mohandas

Pai, Chairman FICCI Higher

Education There is a need to empower all our

Universities by giving them Full

Autonomy: Academic, Administrative

and Financial. We must create a 21st

century architecture for our regulations

based on Transparency, Respect for

Autonomy and Acceptance of Diversity

based on Principles of Open Systems.

Key Imperatives to realize the

vision of India Higher Education

2030 Developing higher education institutes with an international

outlook and global impact;

Providing world-class teaching, research and conducivelearning environment;

Relaxing complex regulatory requirements;

Incentivizing transnational education

Developing skilled, job ready and productive graduates

Enabling higher education graduates with global skills, whocan be employed by or serve workforce-deficient countries;

Developing research-focused universities that deliver high-quality research output and research-focused graduates;

Increasing R&D funding by Government

Promoting increased industry participation in research andinnovation and creating a conducive educational, financialand regulatory ecosystem to promote entrepreneurship.

Gaps in Education System

► Low employability of graduates, driven by severalfactors including outdated curricula, shortage of qualityfaculty, lack of institutional and industry linkages, and lack ofautonomy to introduce new and innovative courses.

► Low impact research output and patents filed givenrelatively low government and corporate spending onresearch, insufficient doctoral students, missing researchfocus and culture in most institutions, and lack ofinternational research collaborations

► Limited focus on entrepreneurship on campus asreflected in the fact that there are few institutes that offerprograms in entrepreneurship and have activeentrepreneurship cells

► Complex regulatory requirements and hurdles, poorinstitutional governance standards, and lack ofprofessional management

Recommendations for India in

FICCI SUMMITHigher education in the country needs to be promoted asfollows:

India prominently placed on the global higher educationmap in terms of more globally-reputed Indian institutions,significant student and faculty mobility, presence of /collaborations with quality international institutions.

India as a hub for talent that is able to drivecompetitiveness of the Indian economy and is fit to workin or serve international markets.

A culture of research, innovation and entrepreneurshipthat can power high economic growth in the country.

Recommendations for SIMC

Offer programs in EntrepreneurshipDevelopment as it is the need of theday for whole country.

Increasing Industry Participation

Changing the outdated curricula

Developing different skill-set instudents

More Research-oriented opportunities tofaculties and students