India has emerged as an attractive destination for global investors
VP urge students respect alma mater
VP urge students respect alma mater
The Vice President, M. Venkaiah Naidu, has said that India has emerged as an attractive destination for global investors and asked educational institutions to maintain high standards and foster academic excellence.
He was addressing the Convocation of Great Lakes Institute of Management, in Chennai on 21 May 2019.
Observing that India was poised to become a US$5 trillion economy in the next few years, Naidu said there was a need to remove economic imbalances, urban-rural divide, end gender and social discrimination and enhance the prestige of all the institutions, including the Supreme Court, CAG, CVC, EC, Parliament and State Legislatures.
He said that nobody should say or do anything to undermine the sanctity of these institutions. There are appropriate forums to redress grievances, if any, he added.
Asking the graduating students to respect their alma mater and always act to enhance its reputation, Naidu advised them to focus on achieving academic excellence and become socially conscientious citizens.
He said that the atmosphere on university campuses should not be vitiated by extraneous issues and added that he was happy that barring a few, most of the 900 Universities were free from any disturbance.
Observing that management was not confined to the corporate sector alone, Naidu said that the scope of management studies should cover the rural economy, agriculture and allied industry and provide solutions to make these sectors viable and vibrant.
Noting that agriculture was in distress, the Vice President said that there was a need to introduce structural changes and come out with new strategies and programmes to make agriculture profitable and sustainable.
Complimenting the Great Lakes Institute for making students to interact with villagers under Karma Yoga programme, he said it was important for them to know and understand the rural problems.
Naidu also stressed the need for Indian management institutions to adopt globally accepted teaching practices, methodologies and curriculum to ensure that our students are duly recognized in the global job market.
Indian institutions have to adopt globally accepted benchmarks to achieve global prominence and align with other management institutions. “Such academic alliances with institutions of international repute, are a great way to provide learning experience to students”, he added.
The Vice President told the youngsters that they were joining India’s growth story at a very exciting juncture. Today, India is one of the world’s fastest growing economies and has become the second largest global hub for Start Ups, he added.
Pointing out that the 4th industrial revolution was driven by rapidly changing technology, Naidu told the graduating students that as managers they will be required to manage technology driven changes in industrial processes and practices.
“Every change is potentially disruptive. You have to control and manage this disruption. So equip yourself with knowledge and upgrade your skills continuously”, the Vice President added.
Naidu said today’s millennial population was ambitious and adventurous.
They seek out challenges and they experiment with disruptive ideas and innovations, he said.
“Sustaining this culture of innovation and enterprise in a fast-changing technological environment is a challenge for management education. Up-skilling, re-skilling, learning and adopting the best practices are key elements for individual growth”, he stressed. fiinews.com