Nirmala Sitharaman,India's Union Finance Minister, stressed need to direct state borrowing to long-term capital projects, not short-term expenses. In Kancheepuram,she urged states to channel funds into infrastructure like schools, hospitals—especially when money's tight . “Borrowing is not the issue. What matters is how the borrowed money is used,” she said, pushing for investments that build assets, boost education,create jobs.
At event launching book Daughters of Kanchi at SSKV College of Arts and Science for Women,Sitharaman noted states can borrow up to 3% of their Gross State Domestic Product . She emphasized focus should be on productive use of funds,not cash handouts lacking long-term gains .
Reflecting on Kancheepuram's rich history as an education hub, Sitharaman said, “Standing here in Kancheepuram, the first thing that comes to my mind is even in ancient times, this city was renowned for education.” She acknowledged city's legacy attracting students from China,Tibet,and northern India. “When it comes to education, you can go from here to the north,from the north to the east,or from the east to west,” she added, underscoring education's universal value .
At event,C.K. Raman,Secretary of Conjeevaram Hindu Educational Society and SSKV Institutions,highlighted institution's growth, noting it now serves around 10,000 children. Nandita Krishna,society president, shared historical context of SSKV Group, recounting how it started in 1904 by two local men aiming to educate girls. She mentioned Parvathammai, first headmistress,who urged families to send daughters to school.
The book Daughters of Kanchi chronicles evolution of women’s education in region,pays tribute to those who built Conjeevaram Hindu Education Society and SSKV Group . A reminder of Kancheepuram's enduring commitment to education…
