Jaitley also said the youth needed to be adequately trained so that they became the future leaders in all walks of life.
Pune: Union finance minister Arun Jaitley on Sunday called for radical reforms in the judicial and education systems of the country, saying they were long overdue.
He also said the youth needed to be adequately trained so that they became the future leaders in all walks of life.
“Radical reforms are needed in our judicial and educational systems. Reforms have been very belated in these two areas,” Mr Jaitley said, speaking at the 14th convocation ceremony of Symbiosis International (Deemed University) here.
Without elaborating on the kind of reforms needed, he said every effort must be made to ensure that the millions of youth in the country were trained well, so that they became the future leaders in all walks of life.
Mr Jaitley advised the graduating students to prepare and train themselves to be eligible to serve those countries which were facing a crisis by way of population de-growth.
“This is the best way to utilise our demographic dividend,” he said, adding that the government alone could not create enough jobs.
In this context, Mr Jaitley said the private sector needed to do more to train people and make them skilled and added, “Otherwise, our demographic dividend can become a liability.”
Mr Jaitley was, in fact, responding to the criticism and concern expressed by Symbiosis chancellor S B Mujumdar over a recent Supreme Court order, asking the University Grants Commission (UGC) not to allow any private institute to market itself as a university.