|Private equity and venture capital provide strong returns for companies which creates a leadership position in a highly competitive global economy. The session focussed on how investors rethink the risk/reward equation breaking the traditional investment models. It highlighted new ventures in the education space and added insights to spur growth and innovation in education|
|Ujjwal Singh, Operating Partner, Indus Balaji
In the last one year, we have got US $3.6 billion of investment in multiple sectors in India. Not even one percent of this has come to education. Forty six percent of this investment goes into land. Out of that one percent, 70 percent goes to K-12 and the balance 30 percent remains with higher education, which is not significant enough. Some serious thoughts need to be put into this.
|Prof Satish Sharma, Chairman and MD, Maharaja Group of Colleges
In 2010-11, the Indian government assigned `2,350 crore to the GC under planned grants of extending assistance to state-based universities and colleges so that they come up and meet the national requirement. Central and deemed universities are granted `1,980 crore and `60 crore for providing assistance to these universities. Not only this, the self-financing colleges and other sectors must also be given some kind of support so that they could serve the nation.
Dr P Shankar, Principal, Saveetha School of Engineering, Saveetha University
When we talk about introducing research at the undergraduate level, it is not only in terms of publications or patterns. Training the minds to become inquisitive and finding solutions to pertinent problems is very important.
|Dr V Panduranga Rao, Director, IMT, Hyderabad Campus
The three problems we are facing in this country are: pedagogy or the design of the curriculum, delivery of the pedagogy and the readiness of the teacher to adapt to the dynamic needs of the pedagogy processes.
| Ranjan Choudhury, Head and Principal Programme Development, National Skill Development Corporation
When you see the magnitude of the task at hand, there is no way that all of this can be funded through government budgetary support. At the same time, the projected compounded annual growth rate is also very attractive. Hence, there is scope for private sector participation in the task of building infrastructure for nation building.