Union Minister of State for Science and Technology, Y. Satyanarayana Chowdary, on Monday said that universities should stop looking at Centre for funding and instead explore tapping of support from industry.
The Minister made these remarks while addressing the inaugural of 6th Indian Youth Congress at ANU on Monday.
“Universities have to remember that Centre does not print money and much of the money was being allotted to welfare schemes. Universities should explore tie ups with industries and market their institutions,” Mr. Chowdary said.
Skill development
Mr. Chowdary also batted for integrating skill development in the main curriculum and mooted incubation and innovation centres in all universities.
Farm credit
Farmers too face shortage of finances as banks does not have trust in repayment capacities, he said.
Member of Parliament, Guntur, Galla Jayadev said that urbanization could be one of the solutions to address decreasing share of agriculture in GDP and said that the new capital region would witness a rapid urbanisation in the coming years.
Former MP Y. Sivaji proposed that Swaminathan Foundation centre should be established at Guntur.
MLC K.S. Lakshmana Rao urged that a review of Professor Swaminathan’s recommendations should be done at national level before addressing issues relating to agriculture.
Minister for Agriculture P. Pulla Rao, MLC N. Rajakumari, MLA D. Narendra Kumar were present.