Financial Daily from THE HINDU group of publications
Friday, Mar 24, 2006
Financial Daily from THE HINDU group of publications Friday, Mar 24, 2006 |
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Industry & Economy
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Education Harvard to expand contacts Our Bureau
India has attracted less than 1 per cent of the total number of foreign students seeking higher education abroad.
PROF LAWRENCE H. Summers, President, Harvard University, with Mr Montek Singh Ahluwalia, Deputy Chairman, Planning Commission, in the Capital on Thursday. — Kamal Narang
New Delhi , March 23 The president of Harvard University, Prof Lawrence H. Summers, said today that his university would expand contacts with India. Speaking at an education summit organised by industry chamber FICCI, he presented a five-point agenda for achieving excellence in higher education. He emphasised the role of competition, flexibility, a liberal attitude towards ideas, private philanthropy, and fundamental research as the key to achieving excellence in education. He said these principles were in line with the experience of the US to strengthen higher education and India could learn from the experience. Prof Summers also highlighted the fact that India attracted less than one per cent of the total number of foreign students seeking higher education abroad. This, he said, was a huge untapped potential.
More on education
In his address, Mr Montek Singh Ahluwalia, Deputy Chairman, Planning Commission, pointed out the need for a substantial rise in public expenditure in higher education in India. Mr Ahluwalia felt that improvement in the higher education system could be achieved only through a balanced partnership between the public and private sectors. This, in turn, called for increased private-sector participation along with a significant upgradation in the public education infrastructure, he added. Mr Ahluwalia said that the poor functioning of the incentive mechanism in the country's higher education system was a serious cause for concern. He said a proper alignment of incentives was a prerequisite to benchmark the Indian education system against international standards.
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