India could progress as a nation only if it spends more on higher education, said VIT chancellor G Viswanathan, speaking on the sidelines of a building inauguration here on Friday.
He also added that he had suggested to the Central government to make the provision available to at least girl students, and later extend it to the boys, too, if the provision can’t be implemented immediately.
Viswanathan stated that free education was available only to those children in government schools, and said that this had to change if the nation was to make progress. While there had been demands repeatedly placed over the past 40 years to raise the budget on higher education to 6% of the nation’s GDP, the nation currently spends less than 4%, he added.
Indian bank MD and CEO Padmaja Chunduru, addressing the audience, said that India empowered women without judging them based on their colour or looks. Ms G Muthazhagi, Ramco systems VP (Delivery and Support) and a former alumnus, was the guest of honour. Vice-presidents Shankar Viswanathan and Sekar Viswanathan, VC Anand Samuel, Pro-VC S Narayanan and CEO Sandhya Pentareddy also presided.