Rahul Bajaj on freeing Indian Education system:
- “I need to free education from the licence-permit raj. Let colleges set their own fees and salaries, curriculum and exams and expansion plans. The current system obstructs the ethical and promotes the unethical through over-regulation. We also need to substantially increase vocational training. Industry has to step forward to create a market for the vocationally trained. However, the government's rigid labour policy is hindering this by discouraging employment-creation in the organised sector.
- Industry is the primary end-user of products of education. The government should use people from industry to evaluate proposals and institutions. Every NAAC and All India Council for Technical Education committee should have people from industry.
- As in corporate governance, the key is transparency. If data on cut-offs, percentage of students passing, number of permanent faculty, number of placements, fees etc is easily accessible to students and parents, they can make informed judgements. Education is too important to be held hostage to outmoded thinking. The time has come to reform it, based on a progressive vision, a clear understanding of ground realities and the courage to cut through the nettles it is enveloped in.”
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