Education can help India’s economy: PM

Mar 23, 2013 by

Source: India Blooms

Malda, West Bengal, Mar 16 (IBNS) Prime Minister Manmohan Singh on Saturday said without qualitative education India will not be able to maintain its economic growth rate.

“The truth is that without education we will not be able to propel the growth of our economy. Our UPA (United Progressive Alliance) government understands this well. That’s why we have to focus on education,” Singh said in his address at the foundation-laying ceremony of the Ghani Khan Choudhury Institute of Engineering and Technology in West Bengal’s Malda district.

“To fulfill India’s growing economic requirements our UPA government has given special attention to the education sector,” he said.

“Public expenditure on education have been increased from 3.3 percent to 4 percent of GDP we have. We have many new institutes for higher education, including 16 Central Universities, 7 Indian Institutes of Management (IIMs), 8 Indian Institutes of Technology (IITs), 10 National Institutes of Technology (NITs) and 5 Indian Institutes of Science Education and Research (IISERs).

“We launched the National Skill Development in the 12th Plan that aims to create 5 million skilled people,” Singh said.

The PM said India needs to focus on quality of higher education.

“In higher education, we are paying little attention to quality,” he said.