INDUSTRY-ACADEMIA INTERACTION - NEED OF THE HOUR

Abstract

Over the years the unemployment situation in India has been becoming more and more serious. Every year lakhs of graduates from all disciplines are inducted in the employment market but as the product turned out by our academic institutions and the actual users i.e. industrys requirement does not match as a result of which the unemployment issue has been posing complex challenge. This issue of need for having close interaction between the academia and the industries is being discussed for a pretty long time. Some of the universities have made humble beginning in a small way. The academic institutions are having some brief about the expectations of the industries, through their interaction with the placement executives who visit the institutions. This paper mainly relies on the feedback received through such interaction and on the various research papers published by the scholars in this behalf.