A statement given by the commerce ministry read “Commerce Minister Piyush Goyal has directed institutions in India to increase their student intake by 10x”.
On 12th November (Saturday) a meeting was held in New Delhi between the heads of various educational institutes and Piyush Goyal, Commerce Minister discussed how they can elevate the startup ecosystem in India. Piyush Goyal said that campuses must act like incubators and should focus on nurturing and developing innovative ideas and solutions. The meeting included heads and senior faculty members of the Indian Institute of Foreign Trade (IIFT), the Indian Institute of Packaging (IIP), the National Institute of Design (NID), the National Institute of Fashion Technology (NIFT), and the Footwear Design and Development Institute (FDDI). He added “We must aspire to take India`s fashion technology to the developed markets of the world” further adding that there is a need to expand our faculty base and invest greatly in faculty development.”
A collaboration between these five institutions will work together in order to form a coalition to improve and grow the startup ecosystem in this space. Piyush Goyal requested these institutes to come up with a common campus for better utilization of resources. The coalition incubators will focus on building an alumni network as well. Corporates will contribute to the programme through their expertise and finances too.
“Alumni networks have an immense potential to contribute to the growth of the alma mater,” said Piyush Goyal. Piyush Goyal gave referenced the ‘Paanch Pran’ which was spoken about by the Prime Minister in ‘Man ki baat’, where he asked institutes to align themselves for the 5 visionary vows. The programme will not only focus on cities but will aim to reach all parts of India. The idea is to not miss out on anyone and ensure that every child should get an equal opportunity. The govt has directed the institutions to eliminate any kind of practices supporting the colonial mindset or style of working.
