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In the winter of 1991, 5(Five) young
minds were debating on a coffee
table regarding values in education.
There were heated arguments on the
need for world class education to
prepare world class human resources.
Pradipta, who was an Aeronautical
Engineer from IIT Kanpur was
pessimistic saying that India could
not become a knowledge hub because
funds for educational institutions
came from coffers of the central and
state governments. With minimum
budget allocation for HRD purposes,
these governments had no capacity to
build up quality infrastructure for
setting up the base for advanced
education and research. On the other
hand, the ultimate beneficiaries
i.e. the students considered it a
taboo to pay for their qualitatively
high education. There is no dearth
of cynics who love to discuss this
as commercialization of education.
“Good things in life never come
cheap” remarked Prabir, an alumni
from Xavier’s Institute of
Management who had just come back
from an assignment in the UK. Why
should the governments not allow
self-financing private institutions
where excellent infrastructure could
be built by private entrepreneurs
and excellent faculty could be
recruited with high salaries so that
students who are otherwise desirous
for paying for high quality
education could benefit ? Harvard,
Stanford, MIT, UCLA – All top class
international academic institutions
– have not been built by US Federal
Govt. These have come up through
private entrepreneurship in
self-financing mode and top class
education in such top class
institutions require high payment of
fees as well.
Little did they understand in that
meeting that a revolution was coming
barely after two years time in form
of the decision of the Supreme Court
in the landmark case of Unni
Krishnan in 1993 where Their
Lordships clearly said that gone
were the days when Rajas and
Maharajas who had funds, took the
responsibility for setting up free
educational institutions. Time has
come when beneficiaries (students)
have to pay for the cost of quality
education and private sector should
be encouraged to build quality
engineering and medical colleges in
India in self-financing mode.
Be that as it may, these young minds
in 1991 did not start a college but
instead, they started a software
company under the name of “Trident
Softech Private Limited” (TSPL).
Through this company, they
eventually set up a corporate
finishing school in software
education where fresh engineering
graduates and engineers with
experience were being trained in
special softwares like SYBASE,
POWERBUILDER, ORACLE, DB-2, JCL etc.
The concept had ready takers and
quite easily with exposure to such
software packages, these trained
people started securing jobs in
overseas markets. From this
finishing school, known at that time
as “Trident’s Advanced Computer
Training” (A division of TSPL), the
group has come a long way from 1995
to have forays into many other
sectors of organized education. |