"We need to create many world-class universities in India. This requires a greater focus on the research and innovation within campuses. A key constraint towards the 'world-class' goal is the funding of universities. While in the US, fee accounts for about 19 per cent of the total funding of private universities, in India, fee makes up around 95 per cent or even more. There is, therefore, a big gap in funding that should be bridged through endowments, industry and alumni contributions."
Kala Vijayakumar, President, SSN Institutions, Chennai
March 19, 2009, 1 pm
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