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Many universities are teaching shops:
Chidambaram
Sunday December 02, 2012 09:42:39 PM,
IANS
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Mohali (Punjab): Stressing the need to build world-class educational institutions
in the country, Union Finance Minister P. Chidambaram Sunday
regretted that many universities in the country were just teaching
shops.
Addressing students and faculty members after inaugurating the
Mohali campus of the Indian School of Business (ISB) here Sunday,
Chidambaram said: "My deepest regret is that many of our
universities are teaching shops, with poor infrastructure,
outdated textbooks, poor pedagogy and methodology, and untrained
teachers. What we need is world-class institutions. ISB is one of
a handful of such institutions in India."
The ISB campus is on 70 acres of land given by the Punjab
government. The Mohali ISB is the second campus of ISB-Hyderabad,
a leading private business school ranked among the Top-20
B-schools in the world. The first session of ISB-Mohali commenced
April this year.
Chidambaram told students not to be swayed by greener pastures
abroad after completing their courses at ISB, as there was no
dearth of challenges in the country.
He said: "What is it that you want to be after you leave this
campus? There will be a temptation to take a job in another part
of the world. Seize the opportunity. But please remember, there is
no other place in the world that can challenge you like India. The
greatest challenge is building India."
The finance minister said he had been asking bankers to provide
education loans to students liberally. He said that till now, only
about 24 lakh students had taken education loans worth Rs.52,000
crore.
Punjab Chief Minister Parkash Singh Badal said Punjab would soon
become an educational hub with a number of leading institutions
like ISB and Indian Institute of Science Education and Research (IISER)
being set up here. He said two more institutes, National Food
Bio-Technology and National Institute of Nano-Technology, were
coming up soon.
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