Chidambaram pleads Indian human resources to return back
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"The contribution of government of Punjab will be remembered for many many years," the Union minister said.
"Not only young are farsighted, even the older statesman is farsighted," he said referring to Badal.
Speaking on the occasion, Badal said that the ISB would help in the upliftment of rural Punjab and development of small and medium enterprises.
"The ISB will be a trendsetter and become a school at par with the Harvard," he said.
Badal said that Punjab had attained the growth rate of 6.74 per cent as against the target of 5.9 per cent in the ninth five year plan.
He said that Punjab jumped from the 14th position to third in the national education development index.
The state chief minister said that eight new universities are being set up in the state and 70 new colleges are coming up to boost the higher education.
The foundation stone of the ISB at Mohali was laid two years back and it commenced its operation from April, 2012 with 200 students taking admissions in Post Graduate programme in management. The event was also attended by a high profile gathering including the Chairman of the ISB, Adi Godrej and founding board members of the Mohali campus, Analjit Singh, Rakesh Bharti Mittal, Sunil Kant Munjal and Atul Punj, other members of the ISB Executive Board, senior government officials, business leaders, faculty and representatives from the ISB's Associate Schools, students, alumni and staff.
Endorsing the Board's support, Adi Godrej, Chairman, ISB, said, "Our expansion into Mohali, allowing for a greater geographic outreach apart, has given us an opportunity to foray into important new areas ¿ Manufacturing, Healthcare, Infrastructure and Public Policy ¿ through the specific institutes set up for the purpose.
"This, we believe will provide a significant fillip to nurturing talent and research in areas critical to India's development".