Year 2024 in review: Industry’s grip on higher education - Economic Times, India
The introduction of the Anusandhan National Research Foundation (ANRF) by the Indian government heralded a new era of research funding, with over ₹12,000 crore earmarked for fostering cutting-edge collaborations. The University Grants Commission’s (UGC) revised guidelines for industry-sponsored courses also spurred growth, allowing institutions to co-create programmes with corporations. The outcomes have been transformative: over 25% of engineering colleges reported enhanced employability metrics, thanks to the integration of specialised skills like AI/ML and IoT into their curricula.These developments underscore a clear trend—higher education is no longer confined to academic silos. Instead, it has become a dynamic ecosystem, fuelled by collaborative efforts to meet the demands of a rapidly evolving job market. The figures speak volumes: the Gross Expenditure on Research and Development (GERD) witnessed a notable increase, bolstered by initiatives like the establishment of the Anusandhan National Research Foundation (ANRF). Let’s delve into the milestones that shaped this collaboration and redefined higher education in 2024.
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