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Pratibha Patil

Platibha Patil: Global collective effort is needed

Pratibha Patil 15%

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Jaipur: Maintaining that the global economic   meltdown had completely altered the dynamics of the world economy, President Pratibha Patil today said that a collective international effort is required to ensure financial security.The present crisis,   which originated in the West but soon spread across the planet, requires a re-look at issues relating to global financial security and architecture, she said while addressing the 25th Convocation function of the University of Rajasthan here.As we deal with its impact and implications, existing institutions and response mechanism will be tested, and a collective effort would be required to achieve financial security,the President said.She said universities, which are centres of learning and research, should take up the task of analysing and understanding these changes.They should study the   socio-economic impact of the financial downturn both on a wider level and at the ground level, Patil said.These institutions of   learning, she said, must also take the lead in imparting such skills and knowledge to students that make them ready for the changing job market world-wide.


Published: Thu, 05 Mar 2009 at 16:18 IST



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