"Global experience shows that such linkages strengthen both universities as well as industry. While universities get access to valuable resources for research, industry benefits from the outcomes of the research which it has funded.
"I think we need to find innovative ways of encouraging industry-academia partnerships in our country," he told a conference of vice chancellors of central universities here.
Central universities should take a lead in this area and foster linkages which would be a "sure" way of improving the quality of their research output, he said.
Stressing that the higher educational institutes need to increasingly interact with the ranking agencies, Singh said the institutes should be fully conversant with the ways in which quality related outcomes are quantified and quality performance of an institute measured.
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"Today very few institutions are recognised globally as centres of excellence. Improved interfacing with ranking agencies can contribute towards changing this state of affairs," he said.
Government looks upon central universities as agencies of change. These universities particularly aim at promoting interdisciplinary education and research.
Talking about Rashtriya Uchhatar Shiksha Abhiyan launched recently, the Prime Minister hoped it would go a long way in expanding access to higher education opportunities.