![]() Online edition of India's National Newspaper Tuesday, Feb 20, 2007 ePaper |
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Staff Reporter
POLLACHI: The Vice-Chancellor of Bharathiar University, G. Thiruvasagam, has said that a multi-pronged approach was needed to make education system more purposeful in order to create employable graduates. In his graduation day address at the NGM College here on Monday, he said that though there had been a substantial growth in the higher education sector, the employment generation was not in a position to satisfy all the graduates. It was leading to a situation where there was an increase in educated unemployed year after year. It would lead to instability in society. Mr. Thiruvasagam said that education should highlight the importance of entrepreneurship and prepare college students to sett up of small scale units. It should help youth start any venture in rural areas, which would provide them an opportunity to use their creativity to generate wealth.
He asked banks to provide venture capital for prospective entrepreneurs at the village level for launching new enterprises. "Banks have to be proactive and support innovative products to enable wealth generation by young entrepreneurs,'' he said. Mr. Thiruvasagam said that there was an urgent need to strengthen higher education in terms of quality and effectiveness. In the context of growing population, some quantitative expansion in higher education was inevitable, he added. Patron of the college, Pollachi N. Mahalingam, an industrialist, presided over the meeting. A total of 562 students received degree certificates and among them 75 top rank holders got medals. Rural Industries Minister Pongalur N. Palanisamy; Vedanayagam Hospital director S.V. Kandasamy; Indian Military Academy commander S. Lakshmi Narasimhan; Chartered Accountant G. Ramasamy and managing partner of Amaravathi Textiles, Karur, M. Sivakannan, received the best alumni awards from Mr. Mahalingam at the alumni meeting. Mr. Palanisamy offered his one year salary towards setting up of a fund to help poor students, Dr. Kandasamy said he would donate Rs.1 lakh to it. The fund is being set up by the NGM Alumni Foundation.
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