"We will be able to send at least 30 per cent of our youth to universities by 2020," he said.
Fernandes said the GER had risen steadily to 18.5 to 19 per cent at present from a meagre seven per cent when the UPA government assumed office at the Centre.
Addressing students on the Graduation Day ceremony of Loyola College, he regretted that not even one Indian University figured in the top 100 universities of the world, which he attributed to lack of research. He assured the college all help in its endeavour towards excellence.
"Give importance to music," he told them and received a thundering round of applause.
Interestingly, it was his wife who prodded him to play the mouth organ for the students.
A total of 1,030 undergraduates, 340 post-graduate and 44 MPhil students received their degrees in person. Among them were 60 gold medallists and 13 differently abled.
Later speaking to reporters, Fernandes said he would chair a meeting with officials later tonight on several projects of NHAI in Tamil Nadu, including the Rs 1,800 crore Chennai Port-Maduravoyal Elevated Expressway.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
