German economy forecast to lag eurozone growth until 2026
The German economy is expected to significantly underperform the eurozone average until at least 2026, according to the European Commission's Autumn Forecast released on Friday.
Stressing for focus on developing innovation-driven economy, Lt Governor Manoj Sinha on Friday emphasied on developing specialised workforce to meet the industry demands which should also be capable of solving local challenges.
The LG was inaugurating the new girls hostel at the National Institute of Technology (NIT), Srinagar.
“The facility is dedicated to our daughters who are breaking the barriers in science, technology, engineering and mathematics-
STEM education and ready to shape the innovation and entrepreneurial ecosystem,” he said.
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“The biggest responsibility of institutions like NIT is to create a new generation of innovators. We should focus on developing an Innovation-driven economy in Amrit Kaal to strengthen the innovation ecosystem in the country,” the Lt Governor said.
He called upon the faculty members to create a conducive environment for future-oriented capacity building of students and strengthening the synergy between educational institutions and industries.
”We must also ensure increased participation of women in STEM– Science, technology, engineering and mathematics courses,” he pointed out.
The Lt Governor also shared the transformation in the educational landscape of the country, under the leadership of Prime Minister Narendra Modi.
”Today, our educational institutions are emerging as centres of cutting-edge learning programmes. With the new opportunities being provided to our talented youth in diverse fields, we can truly dominate the global knowledge economy in the future,” he said.
The state-of-the-art hostel inaugurated by the LG is a major step towards providing residential facilities to the girl students on the campus.
NIT Director Prof A Ravinder Nath; Kashmir IGP Vidhi Kumar Birdi; Srinagar Deputy Commissioner Dr Bilal Mohi-Ud-Din Bhat and faculty members of NIT Srinagar were present on the occasion.
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