IITs, Delhi University in World's top 200 Universities
New Delhi: A joint study by industry body ASSOCHAM and think tank Yes Institute reveals that Indian Institute of Technologies and Delhi University got in to the list of world's top 200 universities. These are the only two universities that got in to the list from India.
"It therefore becomes imperative for the country to learn from global best practices. The top talent goes to developed countries for studying, research and contributing intellectual capital as well as economic value to other countries," said a statement from ASSOCHAM.
An estimated 6,00,000 Indian students are studying abroad, spending over USD 20 billion annually. Only 16% per cent of the Indian firms carry out any in-firm training themselves, as against 80% of Chinese firms, as per the study.
The study reveals yet another shocking information that only a small portion of Indian graduates are considered employable. The Nation al Employability report 2013 had pegged that employability was less than 25% in almost all job functions across education streams.
According to the statement by the industry body, India's higher education sector faces many challenges such as low level employability, lack of research as well as limited scope for innovation and entrepreneurship. To overcome them it is critical to align the higher education system with emerging economic realities and industry requirements as well as introduce well-structured and futuristic education frameworks.