HRD Minister Smriti Irani inaugurates AICTE Conclave on Entrepreneurship Education

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MBAUniverse.com News Desk |
September 19, 2014
Hon'ble Minister HRD, Smt. Smriti Zubin Irani inaugurated AICTE Conclave on Entrepreneurship Education in New Delhi on September 19, 2014.
'Inculcate an entrepreneurial mindset not only in schools and colleges through changes in curricula but through introduction of teaching training' Smriti Irani, Hon'ble Minister of HRD

HRD Minister,Govt. of India, Smt. Smriti Irani inaugurated one day AICTE Conclave on Entrepreneurship Education in New Delhi on September 19, 2014.

 

The All India Council for Technical Education (AICTE) organized the conclave to discuss the relevance and importance of “Entrepreneurship”, Start ups and incubation centers in our Academic Institutions.

 

Addressing the conclave, the HRD Minister Smriti Irani said that Indian Institutes of Technology (IITs) are ranked fourth on a list of 50 best entrepreneurial undergraduate institutes in the world. The ranking was compiled by PitchBook Data, a US-based private equity and venture capital research firm.

 

Sharing the achievement at the AICTE conclave Irani said ‘The feat calls for further celebrations as the IITs have been ranked higher than some of the best Ivy League universities such as Harvard.’

 

The minister referred to the rankings while underscoring the need to inculcate an entrepreneurial mindset among the youths, noting that knowledge and entrepreneurship are key to take the country ahead. In the study, the research firm found that the IITs had a total of 264 entrepreneurs, who have founded 205 companies and cumulatively raised USD 3.15 billion. 

 

The paradigm of education, she said, should be such that it is able to cross the knowledge with analytical skills and logical reasoning, helping students acquire skills and entrepreneurial qualities. 

To help realise the objective, "we hope to revamp our pedagogy and curriculum to make it more relevant to our society and our students market-ready not just domestically but also internationally". "We would also like to inculcate an entrepreneurial mindset not only in schools and colleges through changes in curricula but through introduction of teaching training and teaching material designed especially for entrepreneurship," she said. 

 

Noting that innovation has become increasingly open and collaborative today as opposed to the existing close in house innovation models, the minister suggested development of innovation clusters to promote collaboration between research organisations, industry and university. 

Irani said her ministry would soon operationalise a 'council for higher education and industry' so that "together we can bring about solution that our nation has so long sought".

This conclave was addressed by senior government functionaries and successful Entrepreneurs in various sectors from across the Country. Sh. Ashok Thakur, Secretary (Higher Education), MHRD, Govt. of India, presided over function. Prof S.S. Mantha, Chairman, AICTE & Prof. Avinash S. Pant, Vice-Chairman, AICTE, Shri. R.P. Sisodiya, Joint Secretary, MHRD Dr Pritam Singh, Director General IMI and other Senior Officials of MHRD & AICTE also participated.

 

The Conclave was attended by Vice Chancellors, Directors/Commissioners of Technical Education Department of States/UTs, Director/Principal/Deans/ Senior faculty members of Institutes and other senior functionaries.

 

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Stay tuned to MBAUniverse.com for more updates on AICTE conclave