FICCI Education

The ARISE School Conference 2024 on the theme in collaboration with FICCI on the theme "The Learning Revolution: Breaking Boundaries, Building Futures," in New Delhi brought together government officials and influential stakeholders from the K-12 sector, including promoters, policy makers , and other stakeholders of school education from India and abroad. In his inaugural address, Shri Dharmendra Pradhan, Minister of Education, Government of India, emphasized the pivotal role of benchmarking in elevating quality of school education. He articulated a vision where Indian schools become global exemplars in innovation and educational standards. Shri Pradhan stressed the importance of fostering a balanced society where individuals can leverage their strengths to also become job creators. He further highlighted the need for transformative shift in curricula along with skill integration to enhance employability. He appealed to stakeholders to consciously work towards cultivating an ecosystem that produce high quality affordable education, thereby addressing the national demands.   Dr. Jyotsna Suri, Past President, FICCI and Chairperson & Managing Director, The Lalit Suri Hospitality Group, addressed critical themes pivotal to educational transformation. She discussed the evolving concept of school education, the adoption of new-age teaching methodologies, and the need for supportive policies and regulatory frameworks. Dr. Suri called for a forward-looking educational plan that nurtures critical thinking, creativity, and adaptability—preparing students to thrive in an ever-changing global landscape.   Mr. Prabhat Jain, President, ARISE & Director, Pathways World Schools, shed light on the revolutionary potential of emerging technologies like AI and machine learning in education. He highlighted the necessity of embracing these tools to enhance educational delivery. He also stressed the importance of school quality accreditation and the role educators play in shaping our future.   Mr. Vinesh Menon, DG & CEO, ARISE, drew attention to significant achievements in addressing challenges such as self-paced education, regional language integration, and teacher education through technology.   Mr. Praveen Raju, President-Elect 2025, ARISE & Founder, Suchitra Academy, discussed the role of new-age stakeholders in making education engaging. He emphasized the importance of content that enhances student experiences, integrates AI, and ensures that learning remains a joyous journey for all.   #FICCI #education #school #ARISE #schooleducation

The Union Cabinet has approved the 𝐎𝐧𝐞 𝐍𝐚𝐭𝐢𝐨𝐧 𝐎𝐧𝐞 𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐩𝐭𝐢𝐨𝐧  initiative, a transformative scheme providing nationwide access to scholarly research for over 6,300 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 1.8 𝐜𝐫𝐨𝐫𝐞 𝐬𝐭𝐮𝐝𝐞𝐧𝐭𝐬, 𝐟𝐚𝐜𝐮𝐥𝐭𝐲, 𝐚𝐧𝐝 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡𝐞𝐫𝐬. With a ₹6,000 crore investment over the next three years, this initiative aims to bridge the gap in access to global academic resources. This initiative is a step forward in India’s vision of Viksit Bharat@2047, ensuring equitable access to cutting-edge research for all. FICCI commends the 𝐎𝐧𝐞 𝐍𝐚𝐭𝐢𝐨𝐧 𝐎𝐧𝐞 𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐩𝐭𝐢𝐨𝐧 initiative for its potential to transform India’s education and research ecosystem, elevating global academic standards and empowering the next generation of researchers. #FICCI #OneNationOneSubscription #ResearchAndDevelopment #HigherEducation #Innovation #AcademicEmpowerment #IndiaResearch #GlobalLeadership

#FICCI hosted a senior higher education delegation from the University of Bristol. The discussions focused on the evolving landscape of higher education in India, critical reforms shaping the sector, and the path ahead. The dialogue also explored opportunities for collaboration and partnerships, aligning with India's vision of internationalizing its education system. #EducationForAll #InternationalPartnerships #HigherEducation FICCI Rajesh Pankaj Katie Denton Melissa Allen Valentina Vezzani Susanna Batten Ankit Mohonto Pooja Uniyal Tejas Kahandal Parinay Joshi

The Union Cabinet has approved the PM Vidyalaxmi Scheme, a groundbreaking initiative designed to eliminate financial barriers for deserving students, ensuring they have access to quality higher education. FICCI has commended this initiative, highlighting its role in fostering inclusivity and expanding opportunities in higher education. Here’s a detailed overview: 1. Widespread Coverage: The scheme will benefit over 22 lakh students annually, focusing on admissions to the top 860 Higher Educational Institutions (HEIs), as per NIRF rankings. These include government and private institutions ranked within the top 100, state HEIs ranked in 101-200, and all central government institutions. 2. Collateral-Free and Guarantor-Free Loans: Students will have access to education loans without the need for collateral or guarantors. This simplifies the process and enhances accessibility for all eligible candidates. 3. Fully Digital Application Process: A unified portal, “PM-Vidyalaxmi,” will enable students to apply for loans and interest subventions through a transparent, student-friendly, and entirely digital system. 4. Credit Guarantee Support: Loans up to ₹7.5 lakh will receive a 75% credit guarantee from the Government of India, encouraging banks to expand their loan offerings. 5. Interest Subvention for Middle-Income Families: Students from families with an annual income of up to ₹8 lakh will benefit from a 3% interest subvention on loans up to ₹10 lakh during the moratorium period. For families with an annual income of up to ₹4.5 lakh, full interest subvention on loans up to ₹10 lakh will continue under the existing schemes. 6. Targeted Support for Professional Courses: Special preference will be given to students pursuing technical and professional courses in government institutions. 7. Significant Financial Commitment: The government has allocated ₹3,600 crore for the period 2024-25 to 2030-31, with 7 lakh fresh students expected to benefit from the interest subvention annually. 8. Complementary to Existing Schemes: PM Vidyalaxmi builds on and integrates with the Central Sector Interest Subsidy (CSIS) and Credit Guarantee Fund Scheme for Education Loans (CGFSEL) under PM-USP, providing holistic financial support for deserving students. This initiative aligns with the goals of the National Education Policy, 2020, strengthening India’s commitment to equitable access to quality higher education. Dr. Vidya Yeravdekar Samir Somaiya Venkatesh M D Iyengar Prof Dr Rajan Saxena Rajesh Pankaj Ankit Mohonto Pooja Uniyal Tejas Kahandal FICCI FICCI Education SYMBIOSIS INTERNATIONAL UNIVERSITY Somaiya Vidyavihar University Manipal Academy of Higher Education #HigherEducation #PMVidyalaxmi #EducationForAll #FinancialInclusion #FICCI #EducationPolicy

The #FICCI Higher Education Committee recently held its meeting, focused on reviewing key outcomes from the 19th FICCI Higher Education Summit 2024 and setting actionable goals for the coming year. The committee reflected on this year’s summit, noting impactful themes, engaging panel sessions, and the productive VC-CEO roundtable on “Redefining Education: Integrating New Age Technologies.” Highlights included the masterclass on “International Office Professionalization” and structured B2B meetings, both seen as valuable platforms for fostering collaboration and actionable connections within the sector. Dr. Vidya Yeravdekar Samir Somaiya Venkatesh M D Iyengar Prof Dr Rajan Saxena Rajesh Pankaj Ankit Mohonto Pooja Uniyal Tejas Kahandal FICCI FICCI Education SYMBIOSIS INTERNATIONAL UNIVERSITY Somaiya Vidyavihar University Manipal Academy of Higher Education #HigherEducation #FICCISummit #EducationInnovation #FICCI #HigherEd #IndustryCollaboration

We are thankful to all our partners for supporting us at the 19th FICCI Higher Education Summit. Your support has made this event a grand success. #FICCIHES2024

The 19th edition of the FICCI Higher Education Summit, held on October 18-19, 2024, in New Delhi, brought together the best minds in education, policy, and industry to discuss the transformative theme: "Changing Paradigms of Higher Education in the Global Landscape." This vibrant summit was a platform for discussions, delibrations, networking, and collaboration, pushing the boundaries of innovation and excellence in education. With over 1,100 delegates from various sectors—policymakers, academia, industry leaders, government bodies, bilateral agencies, and edtech companies—the summit became a melting pot of ideas and perspectives. The enthusiasm extended beyond experts, as more than 1,200 school and college students actively participated, contributing fresh insights and energy to the event. The summit featured an exhibition of 30 leading institutions, showcasing cutting-edge innovations and developments in education. Attendees had the chance to explore new trends, digital advancements, and collaborative initiatives aimed at redefining education. A key pre-summit event was the masterclass on “International Office Professionalization in Higher Education Institutions,” attended by academia professionals eager to enhance their global engagement strategies. Additionally, over 40 leaders came together for a lively VCs-CEOs Roundtable on “Redefining Education: Integrating New Age Technologies,” where they discussed how technology, AI, and digital tools are transforming the future of learning. The summit provided ample opportunities for B2B meetings, where focused discussions on potential collaborations and partnerships took place. These sessions were designed to foster meaningful exchanges and accelerate the pace of innovation in education. One of the summit's standout moments was the 10th FICCI Higher Education Excellence Awards, honoring individuals and institutions for their outstanding contributions to education. These prestigious awards recognized the changemakers who are driving innovation, inclusivity, and quality in education, inspiring others to aim for excellence. #FICCIHES2024

At the 19th FICCI Higher Education Summit 2024, the FICCI KPMG Report 2024 titled “Financing Higher Education Ecosystem in India” was officially released. This report provides a detailed examination of the financial landscape in India’s higher education sector. It highlights new initiatives, suggests alternative financing models, and presents best practices to address the evolving needs of the sector. The report emphasizes the challenges of government expenditure, which has not kept pace with the growing demand for higher education, leading to resource constraints that affect both quality and accessibility. It also examines the role of private institutions in filling gaps left by public institutions but notes that this has led to increased costs for students and families. While student loans and scholarships exist, their reach remains limited, and the repayment burdens can deter prospective students. Drawing lessons from global best practices, the report highlights successful models such as the endowment system in the United States, where institutions like Harvard and Yale use endowments to support academic programs and scholarships. Additionally, Germany's dual education system, which combines academic and vocational training with industry partnerships, provides a sustainable model that aligns educational outcomes with market needs. The FICCI KPMG Knowledge Report presents potential pathways for India to overcome funding challenges and move toward a more sustainable and inclusive education financing ecosystem. It encourages the adoption of innovative financing methods to ensure accessibility, quality, and long-term financial sustainability in Indian higher education.

During the 19th FICCI Higher Education Summit 2024, the FICCI EY-Parthenon Report 2024 was officially released, titled "Research Ecosystem within Indian Higher Education: Strategic Pillars of Reform Across Academic and Industry Research." The report provides a comprehensive analysis of India's current research landscape, highlighting both challenges and opportunities. It underscores the importance of government policies and institutional frameworks in enhancing collaboration between academia and industry. The report emphasizes the need for strategic reforms to strengthen India's position in global research and innovation. Key recommendations include increased investment in research infrastructure and faculty development, fostering interdisciplinary collaboration, and promoting a culture of intellectual curiosity. It calls for streamlined regulatory processes, adequate funding, and incentivizing industry-academia partnerships to create a vibrant research environment. With the National Education Policy (NEP) 2020 providing a roadmap, the report underscores the critical role of innovation in driving India's research transformation. It advocates for emerging technologies, risk-taking, and an entrepreneurial mindset to address pressing global challenges. The FICCI EY-Parthenon Report serves as a catalyst for action, offering insights to policymakers, university administrators, researchers, and industry leaders. It calls for a concerted effort from all stakeholders to position India as a global leader in research and knowledge creation. #FICCIHES2024

FICCI proudly honours Dr. Anil Gupta with the Lifetime Achievement Award for his lifelong dedication to grassroots innovation and sustainable development. Dr. Gupta, a distinguished Indian scholar, environmentalist, and founder of the Honeybee Network, is widely recognized for promoting rural creativity and fostering sustainable development. His work has empowered rural communities, encouraging local innovation and knowledge-sharing. As a professor at IIM Ahmedabad and recipient of the Padma Shri in 2004, Dr. Gupta has made exceptional contributions to rural innovation, social entrepreneurship, and biodiversity conservation. Through the Honeybee Network, he has championed the protection of grassroots innovators' intellectual property and bridged the gap between formal science and traditional knowledge, impacting thousands of lives. For over four decades, Dr. Gupta’s vision and mentorship have inspired countless researchers, social entrepreneurs, and policymakers, driving inclusive development through creativity and self-reliance in rural India.