Indian Finance Minister Speaks at 5th Convocation of O.P. Jindal Global University

NEW DELHI, August 9, 2016 /PRNewswire/ --

Calls for Indian Higher Education Institutions to Break Into World Rankings 

Addressing a gathering of more than 2000 at the 5th Convocation and Founder's Day celebrations of O.P. Jindal Global University (JGU), Mr. Arun Jaitley, Indian Finance Minister, said, "In most developed countries population is reducing while we are increasing in numbers; human resource becomes a very important economic resource."

     (Photo: http://photos.prnewswire.com/prnh/20160808/396317 )

He further noted that "to shape these minds, make them globally competitive, make them true global citizens, you need institutions of excellence. The Jindal Global University, I have no doubt is certainly going to be one of such institutions."

The Minister further referred to his budget speech and reinforced that India must now concentrate on at least 20 higher education institutions, 10 run by the state and 10 by the private sector, and upgrade them so that they can become world global institutions. "JGU is now a part of that competitiveness and you have to strive to come within the category of the top ten, which then acquire the global rankings," said the Finance Minister.

Congratulating the graduating batch, Mr. Naveen Jindal, Chancellor, O.P. Jindal Global University, said, "Today, JGU is being accepted as an exceptional private university in India that has produced high-quality research. At JGU, we are striving to develop world-class research and teaching that is socially beneficial and globally relevant."

Defining the future vision for the university, Mr. Jindal said, "Our strategic goal is for some schools of JGU to break into the top 200 of the world universities in the next 5 to 10 years."

In his address, Professor (Dr.) C Raj Kumar, Founding Vice Chancellor, O.P. Jindal Global University, lamented the lack of incentives to promote research excellence in Indian universities. He pointed out that a very small number of Indian universities have pursued internationalisation as a core strategy to promote deep institutional partnerships with universities across the world, and reap the benefits of international collaborations for teaching, research and the student experience.

Speaking on internationalisation at JGU, Professor Kumar said, "We are proud that more than 80 percent of our faculty members have international qualifications from the leading universities of the world and nearly 20 percent of our full-time faculty members are international. This is significant given that we are a very young university."

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O.P. Jindal Global University

SOURCE O.P. Jindal Global University