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Knowledge economy is the key: KCR

Knowledge economy is the key: KCR
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Telangana Chief Minister K Chandrasekhar Rao inaugurated Schulich School of Business, York University’s, Canada at the Rajiv Gandhi International...

  • TS CM inaugurates Schulich School of Business at Hyd
  • Pass Foreign Universities Bill: G M Rao

Hyderabad: Telangana Chief Minister K Chandrasekhar Rao inaugurated Schulich School of Business, York University’s, Canada at the Rajiv Gandhi International Airport campus, here on Friday. The school has been jointly estalisbhed by the GMR School of Business and Schulich School of Business .

Speaking post the inauguration, KCR urged the GMR group to play active role in the joint partnership.

“The initiative of the GMR group underscores the view that Hyderabad city has immense potential to attract centres of excellence from both national and international levels,” Rao said.

He assured that the government was ready to support more such joint ventures between foreign and local institutions in the State.

KCR said that Hyderabad already hosts educational institutions like Indian Institute of Technology-Hyderabad, University of Hyderabad, Nalsar University of Law, BITS, ISB, etc which form the robust education system in the State.

He informed that the government was formulating policies to constitute technical training institutions with industries in order to enhance skills, employability and productivity of the students. “It is a well known fact that the future lies in the knowledge economy. Therefore, the Telangana government has attached a great deal of significance to nurture, support quality education and training institutions to harness the potential in India and abroad, which would contribute to economy of the State and country.

GMR Group chairman G M Rao requested the Central and State governments to ensure the passage of Foreign Universities Bill. "I sincerely request the State and Central governments to support the foreign educational institutions bill as early as possible. It will provide a strong support for improvisation of Indian higher education sector," G M Rao said. The Schulich School of Business will initially offer two-year MBA programme in a twining arrangement with GMR School of Business, in which the first year of the programme will be offered in India and second year in Toronto, Canada.

Ratan Tata, chairman emeritus Tata Sons; Telangana education minister G Jagadish Reddy; member of parliament K Keshav Rao; Telangana chief secretary Rajiv Sharma; OP Bhatt, independent director, Tata Steel Ltd; Dezso J Horvath, dean-Schulich School of Business; Mamdouh Shoukri, president and vice-chancellor, York University and students participated in the event.

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