Published On: Mon, Apr 4th, 2011

Sibal says private participation in education can’t be banned

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The Human Resource Development Minister Kapil Sibal has said that Private participation in the education sector cannot be banned but it should be aimed at achieving societal and public goals.

“We cannot ban private participation but we must ensure that private participation is ultimately for the societal and public goal”, said Sibal while attending the annual convocation of Indian Institue of Management, Bangalore.

The minister said all educational institutions should be treated like trusts where all stakeholders should discharge their responsibilities as its members. “That (private participation) is different from privatisation, which I think, is a very dirty word,” he said.

Pointing out that 90 per cent of engineering colleges are in the private sector, he said government was trying to set the system right and serve a societal purpose by changing AICTE rules, make the system more transparent and accountable and making the institutions go through a self disclosure process.

Exuding confidence that India would achieve full literacy in 10 years, he cited the latest figures, showing a rise in literacy rate from 64.8 to 74 per cent in the last decade.

“There will be a lot of pressure on educational institutes, more particularly because there is transformation of society, he said.”We will need management solutions to very complex problems”, he said.

Sibal also asked the management institutions to interact with technology institutions, private and health and education sectors, agriculture and SMEs. As it will mutually help both the sectors.

He also mentioned HRD Ministry’s proposal of guaranteeing educational loans. “We are very keen on affordability”, he said.

“We are not a 14 trillion Dollar economy that we can give education free to everybody at this point in time.”We are enhancing scholarship, we are moving the finance ministry for student educational loans”, he said.

[Source: Indian Express]