Granting premier institutes like IITs and IIMs more academic independence in course design and student selection could enhance their ability to adapt to evolving industry needs and global standards. Allowing these institutions autonomy can foster innovation in curriculum, promote interdisciplinary sRead more
Granting premier institutes like IITs and IIMs more academic independence in course design and student selection could enhance their ability to adapt to evolving industry needs and global standards. Allowing these institutions autonomy can foster innovation in curriculum, promote interdisciplinary studies, and facilitate collaborations with industry and international universities.
However, this autonomy must be balanced with accountability to ensure inclusivity and meritocracy. Clear guidelines are essential to prevent elitism and ensure fair access to all deserving students, regardless of background. Moreover, such independence should be accompanied by robust governance frameworks to maintain academic rigor and uphold educational standards.
In light of global challenges such as rapid technological advancements and changing job markets, empowering premier institutes can equip students with relevant skills and knowledge. This approach could also attract top talent, faculty, and research funding, strengthening India’s position in the global education landscape.
Ultimately, a thoughtful approach to granting autonomy while ensuring transparency and inclusivity is crucial for the continued success and relevance of premier institutes in India.
See less
Capital markets are places where people and organizations with money to invest connect with those who need money to grow their businesses or fund projects. These markets include the stock market and the bond market. In the stock market, companies sell shares of their ownership to investors. WRead more
Capital markets are places where people and organizations with money to invest connect with those who need money to grow their businesses or fund projects. These markets include the stock market and the bond market.
In the stock market, companies sell shares of their ownership to investors. When a company first sells its shares, it’s called the primary market. After that, investors can buy and sell these shares among themselves in what’s called the secondary market.
In the bond market, companies or governments borrow money from investors and promise to pay it back with interest.
Capital markets help businesses get the money they need to grow and innovate. They also give investors a way to earn returns on their savings. These markets are important for the overall economy because they ensure money is directed to the most productive uses, helping to drive economic growth and stability. Regulatory bodies oversee capital markets to make sure they are fair and transparent, protecting investors and maintaining trust in the system.
See less