St Xavier's College in Kolkata will establish a finance laboratory over the next six months to help students undertake research in economics and accounting. This laboratory, the first-of-its-kind in India, will have all major databases in finance and accounting.
Rev Father (Dr) Dominic Savio, Principal of St Xavier's College, said, "The state-of-the-art lab will preempt the possibility of the students going anywhere else for collecting statistics. They can have access to a wide range of information and can update themselves with stock exchange data."
The move will inspire students to visit libraries more often. The college will also be presenting three awards to students who were found to have spent a maximum number of hours at the library.
"While students can also access library contents on their smartphones, tablets or laptops, we want to encourage them to physically visit the library and spend hours by instituting such an award," Savio added.
