Talent, opportunities imbalanced, need to build world-class institutions: PC
“There is a need to build world-class institutions. The country has one world-class institute in science, a couple of them in the field of engineering, one in maths and one in international studies. These can be counted on fingers,” said Chidambaram, who was here to inaugurate the campus of Indian School of Business. While the first batch of students was admitted here in April this year, the formal inauguration of the campus took place on Sunday.
“Talent is evenly distributed throughout society. What is missing is opportunity. Talent and opportunities are hopelessly imbalanced,” he added.
Asserting that teachers must be well paid, students’ accommodation needed to be decent and food of certain quality, the home minister said, “At present, 24 lakh students have taken education loan, and Rs 52,000 crore is the pending amount. High quality education will cost money. But money spent on developing human resources is money well spent.”
He said there would be temptation among students to migrate after completing education. “Unlike others, I would urge you to go and seize the opportunity. But remember there is no place that can challenge you like India. The greatest challenge is to build India,” he said.
Chidambaram said there was no other country where
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