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Success in 21st century will depend on innovation: Pranab
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SME Times News Bureau | 18 Apr, 2015
President Pranab Mukherjee said on Friday that success in the 21st
century will increasingly depend on innovation and competitive use of
knowledge, and the IIMs should assume greater responsibility to mitigate
problems concerning the society.
Speaking at the fourth annual
convocation of Indian Institute of Management (IIMs), Raipur, the
president said that education enriches lives, advances thinking,
propagates new thought and enhances human capacity.
Given that
knowledge will spur growth in the future, he said, "it is essential that
we prepare a large pool of skilled and capable manpower who can drive
rapid economic growth of our country and enable us to deal with poverty,
deprivation and backwardness".
He said that most prosperous
nations and societies have built their economic success on "the
foundation of a sound education system and rich culture of research".
The
president said success in the 21st century "will be increasingly
dependent on innovation and the competitive use of knowledge".
He
said the government plans to start SWAYAM or (Smart Webs of Active
Learning for Young Aspiring Minds) courses in OPEN (Online Platform for
Education) mode from 2015-16 for all learners interested in acquiring
additional skills.
"This will enable our students and teachers
(to) obtain quality education at a fraction of the cost while solving
the issue of access to higher education in remotest areas of our
country.
"It will also help overcome the faculty shortage which is constantly a constraint in almost all our institutions," he said.
The president said that the academic institutes have to be dynamic and hands-on in facing emerging challenges.
"Institutions
of higher education have to promote a culture of excellence and develop
core competencies. They have to expand capacity to cater to more
students and at the same time uphold the quality of instruction," he
said.
Terming research and innovation as the cornerstone of any
academic endeavour, Mukherjee said: "It is innovation due to which
industrial enterprises show high growth momentum and keep themselves
ahead of their competitors.
As per a 2014 international survey,
there are only five Indian firms amongst the world's hundred most
innovative companies, the president said: "We have to strive harder."
The
faculty in IIMs, Mukherjee said, should provide consultancy for policy
and project implementation challenges that both union and state
governments face.
He said the education students had received at the institute was a contribution of the nation, state and community.
"The
nation invests in its institutions and universities because students
are our future. Students, in turn, have an important responsibility not
just to themselves and their families but also to this country and the
community as whole."
"I am confident that the students who have
earned their degrees today will take part in nation-building of this
great country in a meaningful way."
Stating that the youths were
the future stewards of the nation and inheritors of a glorious
civilisation, the president said, "if targets such as eradication of
poverty and health to all are to be achieved in the near future, it is
the youth who have rise to the challenge".
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