Principal, Sinhgad College of Arts & Commerce, Narhe, Pune
Online published on 8 April, 2014.
Education is a universally accepted as a very useful productive tool to produce material wealth. It promotes national prosperity and welfare in all fields. Higher Education, at present, is developing fast with emerging new trends and subjects. It is a matter of common knowledge and belief that sustainable development through Higher Education Institutions in the country depends on the quality of teaching, research and extension services. Universities and higher education institutions across the country are taking leading roles for economic development efforts. This trend seems likely to strengthen as the nation moves into the era of an innovation economy. Higher education plays increasingly important role, but goes well beyond. The regional strengths of universities-incorporating efforts as wide-ranging as job training, business consulting, house rehabilitation and ever securing seed money for new business.