Delivering the keynote address at the inaugural session of the North Zone Vice Chancellors' conclave here, Katju said a huge amount of money was being spent on higher education, but this investment was making no contribution in raising the standard of living of Indian masses.
"The time has arrived to re-evaluate the functioning of our institutions of higher education so that they can benefit all sections of Indian people," he said.
Katju felt that the theme of the conclave - 'Research for the betterment of the human society' - was very pertinent as most of the present research in Indian universities was being conducted on subjects which have "no relevance whatsoever to the myriad social, economic, scientific and technological issues faced by the country".
