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Enhancing the Role of Education

for Make in India: A Makeover

Authors:
Sowjanya S. Shetty
Lecturer, Department of Economics
and Research scholar,
Poornaprajna College
Udupi
Email : sowjanya936@gmail.com

Dr V. Basil Hans
Associate Professor of Economics
and Research Supervisor
St. Aloysius Evening College
Mangaluru
Email: vhans2011@gmail.com

Venue: Manel Srinivas Nayak Memorial Besant Institute of PG


Studies
Besant Vidya Kendra, Bondel, Mangaluru, Karnataka State, INDIA
Date : 5th February 2016

Objectives of the Study


to examine the conceptual and operational
framework of the Make in India campaign;
to study the importance of the educational content
and strategies required for Make in India;
to study the challenges in creating conducive policy
environment for Make in India; and
to suggest various measures for strategizing
educational measures for Make in India
Methodology
The present study is based on the collection of data
from secondary sources. Secondary data is obtained
from various published and unpublished records, books,
trade magazines and journals.

Starters.

Mahatma Gandhi said, human beings


themselves are the real wealth of the
nation, not gold and silver.
Human
beings are both ends and means of
economic activities, hence are considered
as a great asset of any nation.
India has unique window of opportunity
called demographic dividend for its
socioeconomic transformation
Make in India can be achieved only if
there is an alignment of vision for skill
development, higher education and

Key policy objectives of Make in India


Ease of Doing
Skill promotion and job creation
Manufacturing Hub
Government Retreat
Being Smart; Growing Smart

Why Make in India?


India: fastest growing economy in the world for
the next three years
Superior Service sector
Wide opportunities to invest, expansion
Favourable government policies - investor friendly
Low- cost plants
Potential to generate employment
Largest

consumer

markets

in

the

world

Make for India


If the demand for exports is likely to be muted then
we have to produce for the internal market which
necessitates the following :
Creation of strong sustainable and unified market
Improvements in physical transportation
Ensure the availability of inputs competitive rates
Encouraging

the

development

of

public

institutions
A well designed GST, reducing the state border
taxes

Education for Make in India


As John Maynard Keynes said Difficulty lies
not so much in introducing new ideas but
in replacing old ones.
Mr. Narayan Murthy, the leading light of
Indias IT resurgence has rightly observed
that while we have scaled up in terms of
quantity in education sector we have not
put enough effort in the quality
dimension.

Education is both an input and input of


human development, educational equity
will ensure enabling and entrepreneurial
development.
Education is todays need as it enhances
intellectual skills and knowledge
Education system needs to make
students as learners, innovators,
scholars, researchers and trainers

Initiatives by the Government


Ensuring transparency by De-licensing and
deregulation measures to reduce complexity
Facilitating investment by preventing the outflow
Easing of green rules for mining, roads, power and
irrigation projects
Launch of a user-friendly Indian Trade Portal aimed
to facilitate Indian exporters
Encourage innovation
FDI limits in insurance & defence enhanced to 49per
cent and 100per cent FDI in railway infrastructure

Contd....
Establish the best-in-class manufacturing
infrastructure.
Effective coordination between centre and
state governments- Creation of a Common
National Market
Simplification and rationalization of taxation
system with long term stability:
Digital India to connect all gram-panchayats
by broadband internet
Creation
of
national
investment
and
manufacturing zone
Panel for creating centres of excellence in
varsities to expose students to latest research

Challenges
o Creating healthy business environment
o Ready to tackle elements that adversely

affect competitiveness of manufacturing


o Innovation for small and medium-sized

enterprises (SMEs)
o Encourage R&D to face to face competition
o Improvement in infrastructure
o Implementation of pending reforms

Constraints
The supply-demand gap
Out-dated, rigid curricula
Absence of employer engagement in course
content and skills development
High student: teacher ratio
Low quality of teaching and learning
Less access to opportunity
Constraints
on
research
capacity
and
innovation
Fewer
opportunities
for
interdisciplinary
learning
Separation of research and teaching
Lack of early stage research experience

Suggestions
First Develop India and then Foreign Direct
Investment;
Devise sound macroeconomic policies
Initiate new youth-oriented
Digitalise all the government departments
and ensure more co-ordination between
them and between them and the people
Prepare the infrastructure for innovation
Address the three overarching challenges:
excellence, equity and expansion via
Corporate Social Responsibility

Contd...
Implement the Goods and Services Tax
(GST),
Make productive use of the passionate
Indian Diaspora
Raise educational levels to create a quality
workforce
with
adequate
knowledge/intellectual
property
rights
management
Boost the corporate R&D activity
Create diversity in
employment across
regions and sub-sectors
Develop
infrastructure
which
supports
economic growth

Contd...
Maintain safety nets for re-employment
Extend full support for multi-disciplinary
research and to vocational education
institutes
Improve the quality of teaching and raise the
number of meritorious and ever-productive
faculty
Thrust on value-based and value-oriented
education
Have zero tolerance for error and terror
whatsoever, in the country
Make use of the Make in India opportunity
for sustainable infrastructure development

Conclusion
A combination of Make in India and
Make for India is need of the hour.
Education as a life-long learning process
Higher level of educational attainment
leads to skilled, productive and efficient
work
Educational institutions must become
socially more responsible, balancing
career-focus and research-focus
The assurance of this education should
be based on accessibility, affordability,
universality and measurability of both

References

THANK YOU!

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