In conversation with Prof Anju Seth, Director, IIM.
What is your opinion on budget 2021?
The setting up of a Higher Education Commission responsible for standard-setting, accreditation, regulation, and funding of colleges and universities can help boost quality education with an integrated approach, but a diversity of institutions will have to be managed carefully.
Furthermore, it is reassuring to see that Research & Development has been brought to the forefront by the allocation of Rs 50,000 crore over 5 years for the National Research Foundation, and with the collaboration with Japan for sharing of knowledge and technology.
The “umbrella structures” advocated in 9 cities to encourage partnerships across institutions can go a long way to achieve the desired synergies of multidisciplinary higher education as envisaged in NEP.
Besides investments, the key to achieving real gains in the education sector will be good governance practices in the implementation of initiatives. And of course, the priorities accorded to infrastructure development and health care are essential to spur economic development.