"We have a solid higher education infrastructure with over 650 degree awarding institutions and over 33,000 colleges but the enrolment rate in higher education in the eligible age group is just 7 per cent (18.6 million). None of our universities are among the top 200 in the world," the President regretted.
Addressing students and academicians after inaugurating the Loyola College School of Commerce and Economics here this afternoon, he said, "I feel sad and have repeated it almost like a parrot in large number of the academic functions that how is it that out of 200 world-class top universities and institutions not a single Indian university finds its place."
The President said this was however not the situation in the past.
"Since the days of Takshila in the sixth century to that of Nalanda later, India was a magnet that drew students, scholars and brilliant personalities to study in its universities.
"While there is no lack of talented students and teachers now, how is it still any of our institutions are not rated," he asked.
"I find, almost with a magnifying glass, our ranking is 439 or 500 or so. Not only Europe and North America (but) China, Israel, Saudi Arabia and many others are well ahead of us. We must change this scenario," he said, adding the country cannot simply occupy the high place in international community if the educational standards are not improved.
Indian institutions faced shortage of good faculty, he said, while stressing the need to fill up vacancies, besides building skills of teachers.
Calling for identifying "inspired teachers" he said they would inspire and shape young minds who could lead the country towards the path of development in the future.
