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Kalam for education that promotes
entrepreneurship
Monday March 11, 2013 08:03:34 PM,
IANS
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Mumbai: Former
president A.P.J. Abdul Kalam Monday said there was a need for
creating an educational system that highlighted the importance of
entrepreneurship.
"In the present context, the education system has to be designed
in a way that produces large number of employment generators and
not just employment seekers," Kalam said while addressing students
on the 54th foundation day of the Indian Institute of
Technology-Bombay.
To achieve this, he said, there was the need for a strategy that
could make education more attractive, skill oriented and
employment generating.
Kalam said the country's education system should prepare students
to get oriented towards setting up enterprises which can give them
creativity, freedom and ability to generate wealth.
He also called for the banking system to provide venture capital
to those graduates who have the aptitude and keenness to create
their own new enterprises.
"Entrepreneurs have to produce competitive products to become
successful in their missions," Kalam said.
Kalam said IIT-Bombay should utilize services of its placement
cell to take a lead in compiling success stories through venture
capital funding and employment generation opportunities across
India and the world.
He added the IIT curriculum should provide market research support
to students for selection of right products and guide young
entrepreneurs through the incubation period till they stand on
their own.
He also highlighted the role of technology and its impact on
society, saying that technology can affect fundamental changes in
the ground rules of economic competitiveness.
"Science is linked to technology through applications. Technology
is linked to economy and environment through manufacture of
knowledge products. Economy and environment are linked to
technology, which promotes prosperity to the society. We have to
use innovation to generate high value added products for becoming
a global player," he said.
Kalam inaugurated the new building of Bio-Sciences and
Bio-Engineering Department at IIT- Bombay and also presented to
winners the Distinguished Alumnus award, Young Achiever award and
Faculty award.
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