President APJ Abdul Kalam has suggested creation of Global Human Resource Cadre (GHRC) to contribute for National Development and also meet the Global requirement for skilled personnel.
The President was speaking after inaugurating the Centre for Advanced Research in Discrete Mathematics (n-CARDMATH) and launching the Nation's first-ever integrated B Tech course for hearing-impaired students at the Kalasingam Univerity at Krishnankoil, 70 kms from Madurai on Friday.
GHRC should help the agricultural, industrial and service sector growth in the country, he said.
There was immense potential in IT, Bio and Nano Technology fields around the world, he said, quoting NASSCOM-Mckensy report.
According to the report, there will be 90 lakh job openings in IT, ITES and BPO sectors by 2010. Another 60 lakh jobs would be created in infrastructure, transportation and retail sectors.
He stressed the need for producing quality students who could meet global standards. "Now 30 lakh graduates and postgraduates are churned out by the universities. The output from the institutions of higher learning would rise from 11 to 30 per cent (2007-15). It should again rise from 30 to 40 per cent in 2020 and 60 per cent in 2050." He also stressed the need for entrepreneurship courses to motivate students to take up self-employment programmes. "The banks also should give loan to those coming up with innovative schemes."