President Pranab Mukherjee on Sunday expressed concern over the quality and education standards of institutes in India and said business schools need to impart ‘right skills’ to students to make them employable. The business schools have a stimulating role to play as India has potential for setting up 10,000 start-up firms in the next few years, the President said in his address at an event of Indian School of Business in Mohali.
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There is a need to impart right skills to youth, make them capable to find jobs else “the restless young mind will resort to violence”, Mukherjee cautioned and asked the business schools to provide conducive environment for learning. “There is mushrooming of management institutes in the country. However, I am noticing that they do have standards,” he said.
There are many universities and polytechs “but the quality of many institutes is not up to the standards” in terms of competing in getting jobs, he noted. Asserting that India’s growing young population need to be trained to compete in the job market, the President said that the country has demographic advantage and it will add 60 crore youth by 2030.
“Therefore, skill imparting has become imperative. If we fail to do, it will be demographic disaster. The restless mind will resort to violence,” he cautioned and urged the business schools to come out with innovative ways and create conducive environment to impart skills.