Knowledge Economy5 days ago
To help [India] grow as a knowledge economy, the announcement of the Higher Education Financing Agency (HEFA) is a promising step. However, it remains to be seen how the funding allocated will be diverted towards research and innovation where public-private partnership is not only important but also would play a key role to catalyse the growth of Indian institutions. Over the years, the global ranking of Indian research and academic institutions must rise.
India is recognised for talent and skilled workforce by industry globally, and is on the path of becoming the most preferred knowledge economy in the world. The good thing is that the Union Budget FY17 has a clear focus on advancing research, innovation, ranking and skill development in the country.
