Union Minister Prakash Javadekar today said that only good institutions will flourish whether in government or private sector.
Javadekar said only that country prospers in the world where its universities prosper.
"Education is empowerment and it brings great transformation in life, society and everything," the Union Human Resource Development Minister said at a Management Conclave-2017 of Lovely Professional University here.
He said private sector is doing well in present time.
"Our government is also working on public-private partnerships, where competition and collaboration between the two will certainly bring out the best of India," Javadekar said.
"We feel, whether government or private, only good institutions will flourish. More an institution will be good, more autonomy it will have," he said.
He said it is a challenge to improve government education sector and "We will strive to correct it".
"I can say that both public and private sectors can co-exist and make India prosper. We want good education to all," the Minister said.
Explaining about new education policy, Javadekar said it it rests on five pillars-- accessibility, quality, equity, accountability and affordability.
"We are striving to make all education systems, prevalent in the country, clean and transparent," he said.
Laying great stress on innovation and research, Javadekar invoked teachers and students to bring out new ideas.
"We are fastest growing country in the world. To keep up pace, innovate ... Research and develop and have as many patents as you can for the betterment of the society. We have great merit based scholarships for our students to retain best of brains in the country by following 'brain gain and no brain drain'."
In this context, the Minister also shared about Global Research Interactive Network (GRIN), under which students will be provided scholarship and opportunity to work with reputed foreign laboratories and would have liberty to come back to India and continue with their research.
The Minister also took part in tri-colour 'Unity walk' along with 3,500 LPU members forming grand tricolor by wearing tricolor T-shirts.
LPU Chancellor Ashok Mittal also spoke on the occasion.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)