WHY IITS HAVE FAILED TO PRODUCE NOBEL LAUREATES
WHY IITS HAVE FAILED TO PRODUCE NOBEL LAUREATES The Indian Institute of Technology, the country's most famous and prestigious engineering school, has failed to produce a single Nobel laureate despite the government pouring "thousands of millions of rupees", noted a joint study of industry body Assocham and Mumbai-based Tata Institute of Social Sciences. "While the much touted IITs have an annual enrollment of 10,000-15,000, focused only on the brightest of the bright, not a single great worldwide patent has emerged, nor have they produced a single Nobel Laureate," the study says. IITs have failed to create a mark when it comes to research and innovation because 90 per cent of funding earmarked for the education sector is used for payment of salaries and creating physical infrastructure, the study found. "We still do not have a single equivalent of a Google, Facebook, Microsoft or Walmart or a Nike. Even a small country like Italy or Finland does better!" said DS Rawat of Assocham. The skewed funding plagues not only the IITs, but the entire higher education sector, resulting in "sub-standard" quality, the study revealed. As a result, Indian students spend $7 billion or around Rs. 45,000 crore per year on foreign education, the study found. "Indians spend about $6-7 billion every year in sending their children abroad for higher education. It is not just the elite who spend generously on a good education and credentials but the middle class families also spend their life time savings to educating their children abroad," the study noted with concern. Interestingly, the money spent on foreign education is nearly 60 per cent of the funds Finance Minister Arun Jaitley has allocated to the education sector for next fiscal. Indian universities have little money for research and innovation, the biggest reason why India ranks lowly when it comes to new patents and start-ups in technology and innovation, the study says. Brain drain is another factor that hampers world class innovation in the country. According to the study, many IITians who go abroad for research do not return home after obtaining their doctoral programmes. Rabindranath Tagore, CV Raman, Mother Teresa, Amartya Sen and Kailash Satyarthi are the five Indians who have won a Nobel. REF LINK: http://profit.ndtv.com/budget/why-iits-have-failed-to-produce-nobel-laureate... Best Regards, Raghvendra R The information contained in this electronic message and in any attachments to this message is confidential, legally privileged and intended only for use by the person or entity to which this electronic message is addressed. If you are not the intended recipient, and have received this message in error, please notify the sender and system manager by return email and delete the message and its attachments and also you are hereby notified that any distribution, copying, review, retransmission, dissemination or other use of this electronic transmission or the information contained in it is strictly prohibited. Please note that any views or opinions presented in this email are solely those of the author and may not represent those of the Company or bind the Company. Any commitments made over e-mail are not financially binding on the company unless accompanied or followed by a valid purchase order. This message has been scanned for viruses and dangerous content by Mail Scanner, and is believed to be clean. The Company accepts no liability for any damage caused by any virus transmitted by this email. www.jubl.com -- This message has been scanned for viruses and dangerous content by MailScanner, and is believed to be clean.
1) Why should the IITs produce Nobel Laureates? They produce engineers, and there are no Nobel prizes in an engineering field! Next, people will ask why the IITs aren't producing good cricketers or football players! 2) These are times when the likes of Malala Yousufzai, Kailash Satyarthi, and Obama are winning Nobel prizes... It's better that IITs (and other universities) are producing graduates who are actually contributing to society and technology, rather than glorified "Nobel Laureates". 3) The article and the way it has presented the arguments speak more of the quality of journalism (or lack of it) at NDTV, rather than the IITs. On Wed, Mar 11, 2015 at 2:16 PM, Ragaavendra R < Ragaavendra_R@jubilantbiosys.com> wrote:
WHY IITS HAVE FAILED TO PRODUCE NOBEL LAUREATES
The Indian Institute of Technology, the country's most famous and prestigious engineering school, has failed to produce a single Nobel laureate despite the government pouring "thousands of millions of rupees", noted a joint study of industry body Assocham and Mumbai-based Tata Institute of Social Sciences.
"While the much touted IITs have an annual enrollment of 10,000-15,000, focused only on the brightest of the bright, not a single great worldwide patent has emerged, nor have they produced a single Nobel Laureate," the study says.
IITs have failed to create a mark when it comes to research and innovation because 90 per cent of funding earmarked for the education sector is used for payment of salaries and creating physical infrastructure, the study found.
"We still do not have a single equivalent of a Google, Facebook, Microsoft or Walmart or a Nike. Even a small country like Italy or Finland does better!" said DS Rawat of Assocham.
The skewed funding plagues not only the IITs, but the entire higher education sector, resulting in "sub-standard" quality, the study revealed. As a result, Indian students spend $7 billion or around Rs. 45,000 crore per year on foreign education, the study found.
"Indians spend about $6-7 billion every year in sending their children abroad for higher education. It is not just the elite who spend generously on a good education and credentials but the middle class families also spend their life time savings to educating their children abroad," the study noted with concern.
Interestingly, the money spent on foreign education is nearly 60 per cent of the funds Finance Minister Arun Jaitley has allocated to the education sector for next fiscal.
Indian universities have little money for research and innovation, the biggest reason why India ranks lowly when it comes to new patents and start-ups in technology and innovation, the study says.
Brain drain is another factor that hampers world class innovation in the country. According to the study, many IITians who go abroad for research do not return home after obtaining their doctoral programmes.
Rabindranath Tagore, CV Raman, Mother Teresa, Amartya Sen and Kailash Satyarthi are the five Indians who have won a Nobel.
REF LINK: http://profit.ndtv.com/budget/why-iits-have-failed-to-produce-nobel-laureate...
Best Regards, Raghvendra R
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