The Pak Banker

President urges market-oriented R&D, equipping youth with skills

- ISLAMABAD

President Dr Arif Alvi stressed the need to conduct market-oriented research and developmen­t activities in the universiti­es and equip the youth with marketable skills as per the market's requiremen­ts.

The president, addressing the convocatio­n of the National University of Technology (NUTECH), said that Pakistan had enormous human resources in the form of its huge youth bulge, which could be turned into an asset by equipping them with in-demand skills and providing them with technical and vocational skills. This, he said, would help enhance national productivi­ty and efficiency, besides providing gainful employment to its youth.

Rector NUTECH, Lt. Gen ® Moazzam Ijaz, members of the faculty, the graduating students, and their parents attended the ceremony.

The president said that with the advancemen­ts in technology, modes of learning were also changing and now a great volume of informatio­n and knowledge was readily available on online platforms. He said that in the past, scholars used to rely on limited technologi­cal tools and gained knowledge through observatio­n and deduction, and knowledge was transferre­d through oral and printed means.

President Alvi underscore­d the need to increase the number of graduates, particular­ly in the fields of IT, cyber security, data analytics, and artificial intelligen­ce, by imparting education through distance, online and hybrid modes of education. He said that virtual and hybrid modes of education had resulted in reduced tuition fees and training durations in many USA-based universiti­es, adding that Pakistan already possessed the necessary infrastruc­ture to promote virtual and hybrid learning.

He said that the virtual modes of learning as adopted by the Virtual University of Pakistan could be replicated in other varsities to increase the number of graduates while also maintainin­g quality. The president regretted that Pakistan had to face the phenomenon of brain drain as its talented and qualified people could not be absorbed in Pakistan's system and institutio­ns and they had to leave abroad to earn livelihood­s. He said that Pakistan had invested greatly in the training and education of university graduates, however, due to systemic inefficien­cies, the country had to suffer this loss.

The president highlighte­d the need for female graduates to stay productive and be a part of the economic cycle, adding that women's talent should not be wasted and should be fully capitalize­d upon for the country's socio-economic developmen­t. He regretted that 40-50% of female graduates in the field of medicine dropped out of the workforce due to social and family constraint­s, thus, leading to a drop in overall national productivi­ty.

The president advised the students to continue learning throughout their lives and keep themselves abreast of the changes happening in the field of science and technology, particular­ly the informatio­n technology. He further urged the graduates to uphold morality and Islamic values in their lives and endeavour to serve their families and societies with love and compassion. -APP

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