The Union Minister of Human Resource Department (MHRD), Smriti Zubin Irani said, "Education is not a challenge but an opportunity."
The Minister was speaking at a session on "Which Comes First: Employment or Employability?" at the India Economic Summit organized by the World Economic Forum and the Confederation of Indian Industry in New Delhi.
The Minister stated there is a need to rejuvenate the teaching profession and bring back the respect that this profession once enjoyed. She stated that the Prime Minister's initiative to reach out to students on Teachers Day was a step in that direction. It was hoped that this initiative would help encourage more young people to turn to the teaching profession as a career.
She stated that currently the Indian education system does not have a system of credit transfers between institutions. This was a major issue for students who have been forced to take a break in their education due to unforeseen circumstances. It is for this reason that the Government of India is now announcing a scheme for credit transfer on November 11.
The scheme is expected to cover students from Class 9 - Post Graduation. Depending on the feedback received, it may also be extended to Ph.D courses as well.
The Minister also announced that the government was encouraging Universities to set up placement cells so as to encourage dialogue between students and employers on the skills sets required.
She mentioned that the Government was experimenting with Massive Open Online Courses (MOOCs) to reach out to a larger number of students in the country.