New Delhi: Fearing instability in social structure in view of inadequate employment generation, President A P J Abdul Kalam today (Dec 28, 2003) suggested a multi-pronged strategy to make education more attractive and simultaneously create employment potential.

"Our employment generation system is not in a position to absorb the graduates passing out from the universities leading to increase in educated unemployed year after year. This situation will lead to instability in the social structure," Kalam said at the Golden Jubilee Celebrations of University Grants Commission (UGC).

There has been substantial growth in the higher educational system and the country was generating over three million graduates every year, he pointed out.

"The educational system should highlight the importance of entrepreneurship and prepare the students right from the college education to get oriented towards setting up of enterprises which will provide them creativity, freedom and ability to generate wealth," Kalam told an audience which included Human Resource Development Minister Murli Manohar Joshi, several State Governors and eminent academics.

Proposing a 11-point initiative to make the educational sector "vibrant" and meet the challenges of providing vital human resource for national development, the President suggested, among other things, a simple, easy-to-implement "educational loan scheme" to be evolved by UGC in collaboration with banks to enable meritorious students to pursue higher education without disruption.