Speaking in an AICTE (All India Council of Technical Education) conclave on ‘Entrepreneurship Education’ on Friday (September 19, 2014), HRD (Human Resource Development) Minister shared some good news. She told that in a ranking released by the PitchBook Data, a US-based private equity and venture capital research firm, have been ranked at #4 in the list of ‘50 Best Entrepreneurial Undergraduate Institutes in the World’. Also Read - Inspiring! Meerut Woman Who Left Home To Avoid Forced Marriage Returns As PCS Officer 7 Years Later

She called for celebrations at the IITs as they have left behind some of the best Ivy League Universities such as Harvard to achieve the feat. Also Read - Before Reporting For Duty, This Bengaluru Cop Teaches Children of Migrant Workers Everyday For An Hour

Irani emphasized the need to inculcate an entrepreneurial mindset among the youth and noted that the two keys to India’s success are ‘Knowledge’ and ‘Entrepreneurship’. She said that the paradigm of education now has to shift to focus on knowledge as well as inculcating analytical and logical reasoning skills in students so that they can acquire entrepreneurial qualities and related skills. Also Read - Ready to Send Children Back to School? 78% Parents Say No, Willing to Let Kids Repeat An Academic Year

“We will revamp our pedagogy and curriculum to make it more relevant to the society and students ready for both domestic and international markets. We will also introduce teacher training and study material that will focus on entrepreneurship,” said Irani.

Irani also pointed out that should be developed to promote research collaboration between industry, universities and research organizations. These innovation models can help exploit university knowledge commercially and come up with a rigorous, transparent and outcome-based method to evaluate the impact of programmes.

She said that the HRD Ministry will soon operationalise a ‘Council for Higher Education and Industry’ to come up with such solutions.

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