Wednesday, November 28, 2007

Finally some action on the Education front!

The Government has proposed to invest over 8000 Crore in the 11th five year plan in the education sector. Many new universities are also proposed to be opened including new IIM’s & IIT’s & the infrastructure at the existing institutes/universities will be upgraded. This is a step in the right direction. While more action is needed, it is refreshing to see some action by this government which otherwise has done little on the economic reforms front.

As I have pointed out in my earlier post, the corporate sector really needs such policy measures to make them compete effectively in the global arena.

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