In order to make universities of the nation world class, the PM Modi government has decided to 10,000 crore to 20 universities of the nation.
This announcement was made by the PM Modi after no Indian University was figured in global top 500 universities.
Delivering the speech at Patna University, PM Modi said that the grants of central status is a thing of past and his government is taking a step forward to make 10 private and 10 government universities of the nation world class.
Words from PM Modi
"My government took an important step towards unshackling the IIMs, freeing them from the clutches of restrictions and regulations set by the government. We intend to do the same for our universities and ensure that our centers of higher learning figure among the best 500 in the world," said PM Modi.
Emphasis on learning and innovation
Modi also stressed on the need of innovation and learning and why universities should focus on them and give up their old methods of teachings which focus on cramming the minds of students with information.
"I would like to say something about a demand that was raised here and met with loud cheers by the young crowd attending this ceremony.
Issues like grant of central status have become a thing of the past. We are taking a step forward. We will provide an assistance of Rs. 10,000 crore to 10 private universities and an equal number of government ones for a period of five years. All these universities have to do is to demonstrate their potential to become world class," Modi added.
He also said "We are a nation of 800 million young people, 65 per cent of our population is below the age of 35 years. There is nothing that we cannot achieve with such a huge demographic advantage."
"There is no state in the country where one does not find a Patna University alumnus among the top five bureaucrats. I have had the opportunity to work with many such bright officers," Modi said while concluding his speech at the varsity.
Tags: Indian Education
Higher Education In India
Indian Universities
World Class Indian Universities