Asserting that the National Education Policy seeks to position India as a "knowledge hub", President Ram Nath Kovind on Thursday has said that for India to become so, the country's institutes of learning need to be globally comparable. Laying focus on start-ups, President Kovind also said that several of them in the country have become successful with the convergence of technologies and opportunities and are being described as the emerging mainstay of the Indian economy.
"The National Education Policy seeks to position India as a knowledge hub in today's knowledge economy. It seeks to make our youth equipped for the world of the 21st century while preserving our ancient values which remain relevant even today," President Kovind said in his address at the fifth convocation of the Indian Institute of Management (IIM) Jammu.
The President also inaugurated a diversity cell at the institute. "For India to become a global knowledge hub, our institutes of learning have to be globally comparable. "I am happy to note that the number of Indian institutions in the global ranking is gradually increasing.
I expect new institutions like IIM Jammu to quickly adopt global best practices and aspire for higher ranking," he added. President Kovind also noted that India's ranking in global innovation index had improved from 76 in 2014 to 46 in 2021.
"Innovation and entrepreneurship strengthen each other," he said. On a successful start-up ecosystem in the country, the President said, "Unicorns, which are start-up enterprises with market valuation of one billion dollars and above, are proving to be game changers. These unicorns, most of which are set up by young people, must be a source of inspiration for you all."
The mindset of being a job-giver and not a job-seeker among the youth of India is one of the key factors in our country having one of the best start-up ecosystems in the world, he added. He hailed the collaboration of IIM Jammu with Dalit Indian Chamber of Commerce and Industry and Confederation of Indian Industry, which he said "is going to set up a special diversity cell for helping potential entrepreneurs from scheduled castes and scheduled tribes".
"I am told that this is going to be the first centre of its kind among the IIMs," he said.
President Kovind also expressed happiness over the cooperation among the Jammu-based IIM, Indian Institute of Technology and All India Institute of Medical Sciences. "I am happy that these three institutes are integrating and offering courses in which students from one institute can get access to the other. This integration of courses and institutes is in line with the objectives of the National Education Policy-2020," he said.
