Rajesh Pankaj. India: The country to look forward to

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India: The country to look forward to.
Rajesh Pankaj at GEF Moscow

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Rajesh Pankaj. India: The country to look forward to

  1. 1. Rajesh Pankaj FICCI, New Delhi Global Education Futures Moscow, 2016
  2. 2. 1 India: The country to look forward to o India on the global radar , one of the largest domestic market, with countries across the world vying and jostling for a strong and sustained presence in the country. o Critical mass of skilled, English-speaking knowledge workers. Impressive Diaspora creating valuable knowledge linkages and networks & a well- functioning democracy o Education of 21st Century—Technology is a critical –Affinity by youth – India a nation of young people; Of 1.25 billion , 65% below the age of 35 o Prime Minister ‘s Focus on ‘Start-Up India’ , Make in India’, ‘Digital India’, has created ocean of opportunities & articulated India’s aspirations to be a global leader in the near future
  3. 3. 2 India: The country to look forward to o Vibrant Economy with steady growth rate of 7-8%. In 2030, India is expected to be the fastest growing economy touching a GDP of USD 10 trillion o Projections show that by 2030, India would require a gross incremental workforce of 250 million( largest supplier in the world) o Engineering, IT, Telecom, Pharmaceuticals are the strong and high growth sectors. Top quality high educational institutions exist for these sectors in the country o India ranks third globally amongst the top 3 countries of smart phone users today. By 2020, India’s mobile economy would contribute US $ 400 billion to GDP
  4. 4. 3 Skilling & Educating for Economic Growth… Smart Cities Make in India Digital India Clean Ganga Swachch Bharat Frugal Technology
  5. 5. Indian HE Sector Size & Growth o Largest HE system in the world in terms of the number institutions ( 720 + Univs & 47,000+ colleges) & second-largest in terms of enrolment (31 million) o Attractive market and likely to grow in next 10 years to US$ 115 billion - 144 million young population in age bracket of 18-23 years o Unaided private higher education providers accounts for 64% of total institutions in higher education and 62% of students enrolment o Over 80% of investment in professional education is done by the private sector o Sustained economic growth and availability of disposable income with Indian middle class make India attractive market for higher education
  6. 6. BRICS Skill Working Group  BRICS group have been advocating to get a separate fund created for Skills in BRICS Bank/NDB ( FICCI is a part of this process)  BRICS nations –sharing of best practices , TVET, developing model prototype for encouraging private sector investment in Skills, etc.  9th FICCI Global Skills Summit on September 15-16, 2016 in New Delhi
  7. 7. “Tobuilda21stcenturymodelforhighereducationthat isofhigh-quality,yetequitableandaffordable,andbe exemplaryofahighereducationsystemthatisnotjust thebestintheworldbutthebestfortheworld” 6
  8. 8. Framework for HE Excellence …A 21st century model for higher education that is of high quality, yet equitable and affordable and makes India a role-model for a higher education system that is not just the best in the world but the best for the world….. Partner- ships Infra- structure ResearchFaculty Curri- culum & Pedagogy Higher Education Architecture Equity, Access, Excellence Funding Governance / Leadership Framework for Indian HE Excellence To achieve the Higher Education Excellence Innovative technological intervention is imperative across all the seven pillars mentioned in the frame work
  9. 9. Diversity in Higher Education: FICCI Vision 2030 Research- focused Institutions Career- Focused Institutions Foundation Institutions Primary Focus: Producing Industry-ready Graduates & Post- Graduates Primary Role: Addressing Economic Imperatives Primary Focus: Research & Innovation & Primary Role: Addressing Intellectual Imperatives Primary Focus: Providing Holistic Education to Masses; Imparting Relevant Skills Primary Role: Addressing Social Imperatives
  10. 10. Vision 2030: To be the best for the world Higher Education Planned expansion Learner-centric model Critical thinking and problem solving MOOCs Governance reforms Internationalisation
  11. 11. Vision 2030: To be the best for the world ( well received by stakeholders including Indian states) • India will be the single largest provider of global talent, with one in four graduates in the world being a product of the Indian system • India will have a GER of close to 50% up from the current 23% • India will be in the fourth cycle of its research excellence framework, with at least a 100 of Indian universities competing with the global best • It will be among top 5 countries globally in cited research output in STEM courses as well as social sciences • It will have at least 20 universities among the global top 200 Higher Education
  12. 12. Vision 2030: To be the best for the world • India’s massive open online courses (MOOCs) will collectively enroll 60% of the world’s entire student population • Indian HE institutions will be governed by the highest standards of ethics and accountability, with every single one of them being peer- reviewed and accredited • The Indian graduate of 2030 will not only be an excellent human resource but also an admirable human being – he/she will not only be the best in the world, but also the best for the world Higher Education
  13. 13. 12  Experiential Learning is Key  Institutional Collaboration: Within India & Globally  Career & Entrepreneurship Development  Deep & judicious use of Technology  The Global Indian University  Private sector to drive 50% GER /70 M students  Autonomy for Achievement  Government Funding moving from Institutional to Individual  Indian Universities in Global 200  Research Excellence, Global Recognition 10-Ideas for Transforming India’s Higher Education
  14. 14. Indian States will be the epicentre of this transformation Kerala state has proposed ‘Academic City & IHAZ ‘ by bringing in international institutions 1. Education is a concurrent subject 2. Progressive Indian states such as Kerala, Tamil Nadu , Karnataka, Maharashtra, Gujarat, willing to develop Vision 2030 on HE for their states. 3. States control over 97% enrolments on Higher Education and contribute 67% of public spend 4. Central Government is attempting to further co-opt states via RUSA 5. Significant enrolment for Higher Education is in local languages
  15. 15. Expected Participants 800 delegates 200 plus international delegates from 20 plus countries , 14 12th FICCI Higher Education Summit, Nov 10-11, 2016, New Delhi o In partnership with Ministry of HRD & Ministry of Commerce and Industry, Government of India in New Delhi. o India as a Global Education Hub by attracting foreign Universities, Institutions, faculty and other stakeholders and encourage them for collaborations and partnerships. o Conference , Master Classes, more than 100 exhibitors from top of the line Indian Institutions showcasing the best practices to the global participants. o EU will be one of the Partners
  16. 16. 15 FICCI HE Reports and Summits
  17. 17. India—World’s fastest Growing Start Up Ecosystem … o Indian startup ecosystem has really taken off—driven by factors such as massive funding, consolidation activities, evolving technology and an burgeoning domestic market o The numbers are telling—from 3,100 startups in 2014 to a projection of more than 11,500 by 2020--It’s a revolution o Conducive ecosystem in India with Govt’s predominant focus.  Funds of funds with a corpus of Rs 10,000 crore  tax holiday of 3 years o Other striking features of Indian Start ups ;  Successful entrepreneurs coming forward to support other emerging startups by mentoring them through various channels.  Young entrepreneurs dominating the startup landscape with over 73 percent of founders in the age bracket of less than 36 years.  Women entrepreneurs starting to become more prominent in the innovation economy
  18. 18. Smart Cities Almost half of India is projected to live in cities by 2030. 31% of population lives in cities contributing to 63% of nations economic activities 100 Smart cities to be built with a total investment of USD 7 billion  Smart and intelligent buildings  Smart energy grids (solar, wind, biofuels, small hydro)  Public Mass Rapid Transportation & pedestrianisation of city spaces  Recycling of solid waste, rain water harvesting  Sanitation solutions (bio-digesters)
  19. 19. Digital India – Opportunities of engagement • Digital India aims to create 17 Mn direct and 85 Mn indirect jobs by 2019 (Overall Investment of ~ USD 16 Bn and ongoing investment of ~ USD 2Bn) • Skill India and Higher Education Initiatives like Unnat Bharat would complement this growth by providing necessary training & education facilities, centers and skilled workforce to sustain the manufacturing units • Digital India aims at net zero imports by 2020 from current 90% through incubating entrepreneurship and creating world-class electronics and IT hardware manufacturing units • By 2019 it aims to ensure broadband in 2.5 lakh villages with universal phone connectivity
  20. 20. IMPRINT INDIA 19 o IMPRINT (Impacting Research Innovation and Technology) for research to solve major engineering and technology challenges in ten technology domains relevant to India, viz, Healthcare, ICT, Energy, Sustainable Habitat, Nano-technology hardware, Water Resources and River systems, Advanced Materials, Manufacturing, Security and Defense, Environmental Science & Climate Change o Each domain in IMPRINT is divided into themes, sub-themes, target and topics for educational orientation, research and innovation. Each shortlisted project to be done in close consultation and engagement with the relevant industry o Projects to be funded jointly by MHRD-DST. Industry has a critical role and some financial commitment from industry is also envisaged. o FICCI is in the process of signing an MoU with MHRD to work in four identified areas; viz Healthcare, ICT, manufacturing and Advanced materials

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