President Droupadi Murmu today, Thursday, December 7, said that there is a need to make some changes to the education system in management institutions for the inclusive development of the country.
While presenting the Lakshmipat Singhania-IIM Lucknow National Leadership Awards in New Delhi, the president also called for linking artificial intelligence (AI) to management education and said one who knows and uses it properly should not have any fear of losing his or her job, reported PTI.
"We have to bring some changes in the education system of our management institutions for more effective and inclusive development of the country," Murmu said.
She urged managers, educationists and organisational heads to connect Indian management studies with Indian companies, consumers and society.
"Our management institutes should also focus their research on research journals based in India. Special attention should be paid to those Indian journals that are in the open access domain and are accessible to students and researchers of every category," she said.
Speaking about AI, Murmu said many people are worried about job loss due to this technological innovation.
"One who knows AI and uses it properly should not have any fear of losing his job due to AI," she said.
She called for linking all dimensions of AI to management education. The president said the blind race to increase production and productivity has harmed humanity.
"Climate change and ecological disturbances are the result of the same. Today, the whole world is struggling with this challenge. The concept of profit maximisation may be a part of Western culture but this concept has not been given priority in Indian culture," she said.
However, she said, entrepreneurship has been given prominence in Indian culture, added PTI.
"Our youth are adopting the culture of self-employment. India is the third largest start-up ecosystem in the world and is named among the best unicorn hubs in the world," she said.
