Sat, Mar 25, 2017 | updated 01:31 AM IST

Industry, academia should work closely to find solutions to socio-economic issues: Andhra CM

Updated: Nov 10, 2016 18:51 IST

New Delhi [India], Nov.10 (ANI): The three-day FICCI Higher Education Summit 2016, was kicked off here, with N. Chandrababu Naidu, Chief Minister of Andhra Pradesh, urging industry to associate with academic institutions to find innovative solutions to issues that embrace the economy and society as the traditional approach to problem-solving in today's knowledge economy will not give the desired results.

The summit which includes a global conference and exhibition, is supported by the Ministry of Human Resource Development, Ministry of Commerce and Industry and Services Export Promotion Council.

Inaugurating the 12th edition of the Summit on Thursday on the theme, 'Education for Tomorrow: Learn in India-Learn for the World', Naidu said the world is into the 4th industrial revolution which is characterized by technology and Internet of Things. Sensors, robotics and machine learning are the order of the day, making things happen real time. This scenario, he said, called for close analysis on what type of human resources we need to build to take on the new challenges.

India, Naidu said, was blessed with a demographic dividend that would last for another four to five decades. The energies of our young people need to be channelized into the study of mathematics and technology and IT where India has a strong advantage. Applied knowledge, he added, was critical in translating the learnings into benefits for society.

The Andhra Pradesh chief minister said that higher education in the state has focused on strengthening state universities, establishing premier national institutes and attracting private sector investments into the higher education sector, among other reforms.

He said during the last two years the landmark A.P. Private universities (Estb. & Regulation) Act 2016 was passed which has been hailed by educationists as the best in the country. Letter of Intent has been signed for eight Greenfield private universities in Andhra Pradesh at an investment of Rs. 9000 crore. These universities will, in the next 10 years enroll 100,000 students. Several other major proposals were also being processed with a view to making Andhra Pradesh the education hub of the world.

On the occasion, two MoUs were exchanged between the Government of Andhra Pradesh and FICCI. The first was with Sri Venkateswara University (SVU), Tirupati to set up National Knowledge Functional Hub (NKFH) for sustained Industry-Academia engagement resulting in employability of engineering graduates in Andhra Pradesh. The second one was for setting up 'FICCI Center of Excellence for Grass root Initiatives and Development' in Amravati, Andhra Pradesh.

Also, two Knowledge Papers -- FICCI-EY Report 2016 and FICCI-EFMD Paper -- were released by the dignitaries.

In her address, Rita Teaotia, Secretary, Ministry of Commerce and Industry, Government of India, said that India with its cost effective higher education structure, medium of teaching as English in most of the reputed universities and institutes, presence of world reputed technical institutes and expertise in specific subjects such as yoga, Ayurveda and traditional forms of dance and music and an easily accessible geographical location makes India a logical destination for higher education. However, there was a need to create a robust policy framework, conducive and friendly environment and hassle-free visa regime for students who come to India to study.

Teaotia said that almost 230,000 students went abroad to study from India, of which 100000, go to the US every year. US$ 17 billion is being spent by these students abroad on higher education. Hence, it is essential for India to upgrade the higher education system domestically to cater to the rising demand for higher education. In this regard, the Ministry of Commerce and Industry has drafted a note which focuses on the education sector and also covers the area of higher education.

Martine Reicherts, Director General, Education and Culture, EU, pointed out that in the EU, the pursuit of higher education was not just about what students learn in universities. A sharp focus was on the development of soft skills amongst students. She underlined the need to include the passion for learning in the education curriculum of universities.

She said the youth was more adaptable, tolerant and adept at problem-solving and mobility programmes such as the one developed by the EU was a great enabler in sharing of best practices in the field of higher education. She added that there was a need for more Indian students in EU universities and this could be facilitated through the Erasmus Programme (European Region Action Scheme for the Mobility of University Students). This EU student exchange programme was established in 1987. Erasmus+ is the new programme combining all the EU's current schemes for education, training, youth and sport, which was started in January 2014.

Harshavardhan Neotia, President, FICCI, said that multiple forces are working to disrupt the traditional model of higher education. The Government's inability to meet the demand for higher education, dominance of private higher education providers, increasing international competition, young demography that is increasingly mobile and tech savvy are just some of the factors threatening the status quo. To align regulations to the changing needs of the industry, FICCI has submitted an analysis of multiplicity of regulatory bodies in various sectors, including higher education to the government. He added that, "While we appreciate these efforts, we urge you to recognize the need to expedite the implementation of each initiative. The National Education Policy 2016 should be defined keeping the future in mind translating real actions at the States. In that sense, the theme of the Summit, 'Education for Tomorrow: Learn in India- Learn for the World' is very topical and timely."

In his theme address, Dr. Rajan Saxena, Chairman, FICCI Higher Education Committee, noted that disruptive changes, particularly those related to technology were impacting job markets in a big way. Low-end skills were being outsourced and corporates were looking to employ highly skilled workers. He called for flexibility in higher education where simulated learning and digital learning were crucial to impart the required skills to the aspirational and impatient youth.

Also, on the dais were Mr. Ganta Srinivas Rao, Minister for HRD, Government of Andhra Pradesh and Dr Indira J Parikh, Co-Chair, FICCI Higher Education Committee & Founder, ANTARDISHA.

The Vote of Thanks was given by Mr. Sudhanshu Pandey, Joint Secretary, Ministry of Commerce and Industry and session was moderated by Ms. Shobha Mishra Ghosh, Senior Director, FICCI. (ANI)

Kantar Millward Brown Media Conclave 2017

Updated: Mar 24, 2017 18:27 IST

New Delhi [India], Mar 24 (ANI-BusinessWireIndia): WPP -Kantar's brand, communications and media research unit Kantar Millward Brown conducted its annual Media Conclave 2017 in Mumbai. This year's Media Conclave focused on the impact of various media Ad Formats on campaign performances. The conclave played host to some of the country's top most Marketing, Media and Media Insights leads.

Full Story >>

New Delhi [India], Mar 24 (ANI): International Monetary Fund (IMF) which has 189 countries as member for Global Monetery co-operation in its conference called the Indian Government to share the success story of Demonetisation.

Full Story >>

New Delhi [India], Mar 24 (ANI-NewsVoir): It has been 24 hours since Layla last had cocaine. Now on a flight to New Delhi with her children, all she can focus on is how quickly she can hook up with her friend and drug baron Leonardo so he can provide her with her next fix unaware of the intergenerational damage her choices will cause.

Full Story >>

New Delhi [India], Mar 24 (ANI): With the immense success of the first edition of India Expo Shop Summit, The Indian Exhibitions, Conferences and Events Services Association (IESA), an apex organization working towards the development of the exhibitions, conferences and events services sector in India, in collaboration with key industry bodies, government organizations including Department of Commerce, Ministry of Commerce and Industry, Government of India, Confederation of Indian Industry (CII), and Services Export Promotion Council (SEPC), is organizing the second edition of the India Expo Summit 2017 (IES 2017) at India Expo Centre and Mart, in Greater Noida, Uttar Pradesh on 17th April 2017.

Full Story >>

New Delhi [India], Mar 24 (ANI): Online connecting portal for women looking to restart their careers JobsForHer marks the end of its successful two years and the beginning of its buoyant third year operations this month.

Full Story >>

New Delhi [India], Mar 24 (ANI): In ICRA's view, the demand for fertilizers in H1 FY2018 will witness moderate growth, given the lower base for H1 FY2017 and improved spending power of the farmer community with higher MSPs for rabi crops and strong sowing witnessed during the season.

Full Story >>

New Delhi [India], Mar 24 (ANI-NewsVoir): Marking its presence in Gujarat, All India Rubber Industries Association (AIRIA), the august body of Rs. 85,000 crore rubber industries in India has opened its Gujarat chapter in Ahmedabad. As representative body of over 5,000 rubber products manufacturers in the country (largely MSMEs), AIRIA already has offices in Mumbai, Delhi, Chennai and Kolkata with a chapter office in Pune.

Full Story >>

Will make Goa beggar-free state: Parrikar

Updated: Mar 24, 2017 15:23 IST

New Delhi [India], Mar 24 (ANI): Chief Minister Manohar Parrikar on Friday emphasized on making Goa the first ever beggar-free state.

Full Story >>

New Delhi [India], Mar 24 (ANI): With the announcement of Rs. 978.84 crore for the social sector, Chief Minister Manohar Parrikar on Friday said that Goa will be made a garbage free state by 2020.

Full Story >>

New Delhi [India], Mar 24 (ANI-BusinessWireIndia): Tata Capital, the financial services arm of the Tata Group, today, announced the launch of 'myLoan' - a first-of-its kind Mobile App by the company to extend its existing personal loan offering to the emerging younger and mobile savvy audience.

Full Story >>

New Delhi [India], Mar 24 (ANI-NewsVoir): Recent research by World Animal Protection across local dairies within the city limits of six major metropolitan areas in India, has exposed the in humane living conditions and shocking treatment of dairy cows and buffaloes.

Full Story >>

New Delhi [India], Mar 24 (ANI): FreeCharge on Friday announced that it will now enable e-wallet payments across leading outlets with Arvind Lifestyle Brands, one of India's largest and leading lifestyle brands.

Full Story >>

New Delhi [India], Mar 23 (ANI-BusinessWireIndia): Ashoka University, a Liberal Arts University in India, hosted its first International Educators Conference 2017 on March 17, 2017. In line with the University's vision to emerge as a global institution and put India on the world education map, the focus of the conference was on India as a global higher education destination.

Full Story >>

New Delhi [India], Mar 23 (ANI): Siemens on Thursday announced receiving of an order worth approximately Rs. 187.4 crore from Bangladesh Rural Electrification Board (BREB), Dhaka.

Full Story >>

New Delhi [India], Mar 23 (ANI): Paytm has partnered with Booking.com to facilitate accommodation bookings on its online travel marketplace. Under this partnership, all domestic and international accommodations available on Booking.com will now be available on Paytm with unique promotions and offers.

Full Story >>

New Delhi [India], Mar 23 (ANI): The Central Board of Direct taxation on Thursday notified that the Third Protocol amending India-Singapore Double Taxation Avoidance Agreement (DTAA) which was signed on 30th December, 2016 entered into force on February 27th, 2017 with notifications released to the Official Gazette here today.

Full Story >>

Curofy launches Curofy for web

Updated: Mar 23, 2017 15:21 IST

New Delhi [India], Mar 23 (ANI): Curofy, a networking platform that allows case discussions between doctors and provides them with latest medical news, with continuous feedback from the community and gauging the need for their audience, has launched it's web platform to give their users a complete and richer experience.

Full Story >>

Qbera launches operations in Bengaluru

Updated: Mar 23, 2017 15:21 IST

New Delhi [India], Mar 23 (ANI): Fintech start-up offering quick and hassle-free personal loans Qbera has launched its operations in Bengaluru.

Full Story >>

New Delhi [India], Mar 23 (ANI): Maneeza Ahuja has been appointed Branch Head for the Delhi branch of Percept/H with the additional responsibility of leading the North India portfolio of Percept One.

Full Story >>

New Delhi [India], Mar 23 (ANI): Keeping pace with the recent rise in crime rates inside Apartment Complexes, ADDA GateKeeper announces the launch of its "Panic Alert' feature. ADDA GateKeeper a security management software for Apartment Complexes.

Full Story >>