Connect with us

News

Special funding for secondary and higher education

Published

on

The Union cabinet has finally approved the creation of a “non-lapsable corpus fund” for secondary and higher education. This will help fund select education schemes for which demand exceeds budgetary allocations.

funding

The Fund: Madhyamik and Uchchtar Shiksha Kosh (MUSK)

–Will have proceeds from the 1% cess the government collects under the ‘secondary and higher education cess’

— To begin with, the fund may have a corpus between Rs3,000 crore and Rs5,000 crore

— Will be similar to the Prarambhik Shiksha Kosh (PSK) already in place since 2005 to fund elementary education schemes such as Sarva Shikha Abhiyan (education for all)

— Will cater to schemes such as interest subsidy on education loans, education credit guarantee fund, scholarship schemes, girls’ education schemes

— Will cater to a scheme that funds higher education in states

— Money from the MUSK corpus will be utilized when all budgetary allocations available with the HRD ministry have been exhausted.

— Will be a non-lapsable reserved fund, meaning if the amount collected in a year is not utilized, it would be carried forward. So far, there has been no such provision.

WHY WAS “MUSK” DELAYED

MUSK was planned by the United Progressive Alliance (UPA) government in 2010 but it could not muster inter-ministerial support, especially from the finance ministry.

“The DEA did not agree to the proposal (in 2010) on the grounds that the budget allocations for the schemes of secondary and higher education have been far more than the amount of 1% cess collected. Hence, funds on account of 1% cess for the past period are not available now for allocation,” the statement said.

The cabinet’s approval for creating the corpus comes after the human resources ministry moved afresh on the scheme which had been on hold since 2010.

News

IIT Roorkee given 4th position among top IITs in Times Higher Education-2018

Published

on

IIT Roorkee

IIT Roorkee has ranked 4 th among IITs in the 2018 Times Higher Education (THE) Emerging Economies which is one of the world’s influential university rankings

IIT, Stands for Indian Institute of Technology. IIT conducts their own entrance examination ever year and it is one of the toughest in the world. By cracking this exam, you are considered to the bright students of India . IIT give engineering degree to only 9000 students in the whole country. There are 17 IIT’s at present and many more are coming up.

Indian Institute of Technology Roorkee which was established in 1847 and formerly known as university of roorkee located in roorkee, uttarakhand, India.IITR is one of the oldest Engineering Institute of Asia as it was established in British India times by lieutenant governor, Sir James Thomason.It is also considered of one of the most spellbinding campuses in the country.

IIT Roorkee- Rising at pace

IITR has ranked 4 th among IITs in the 2018 Times Higher Education (THE) Emerging Economies. In national university/institutes it has ranked 5th. It comes next to Indian Institute of Science (IISc), Bengaluru, IIT Bombay, IIT Kharagpur and IIT Kanpur. Universally, it has improved its position from 62nd   from to 56th. It has taken number one position in ‘Citations’ category, which shows that the research carried out at IIT Roorkee is widely recognized. Moreover, In Indian Institutions of ‘Overall Category,’ IIT Roorkee occupies 4th position in the revenue generated from Industry, which shows the extent of Industry- Academia Collaboration.

Theprofessorsat IITR are just like at any other IITs-mediocre at best. They are likely happy to see that their colleagues and students is getting globally recognized.Apart from studies this college also provides with the best of sports facilities and best of coaches. The campus of IIT Roorkee is the most beautiful campus among all IIT as it is nearby Massoorie, Dhanolti, Rishikesh, Shimla, Delhi, Nainital, Jim Corbet, Devaprayag, Lansdowne which are popularly known as weekend destinations.

Recently, this institute was engaged in 219 research projects and 570 industrial cooperations many of which are of national interest. IITR has upgraded itself with many changes in its academics making the IITR life more flexible for students and faculty.

Continue Reading

News

Government taking savage action not refunding withdrawal fees

Published

on

withdrawal fees

A senior HRD Ministry official says higher education institutions not returning withdrawal fees a student will soon face punitive action

Higher education is valued because of its signalling power i.e. the college experience does not form people into more valuable or learned individuals capable of doing good work, but it sorts people into groups and attaches degrees to those who were already capable.

Most of the people believe education institutions can help any hard working person. But not everyone is able to attend a college or university because of one common barrier called money. And sometimes this money in the form of fees is not returned by these educational or professional institutions at the time of withdrawal of the admission. Also some institutions deduct an extravagant amount while returning the fees.

AICTE and UGC Regulations

According to AICTE and UGC norms now institutions have to return the fees and original documents of students when a student ask for the withdrawal of the admission.

So, as to maintain the right of every student to choose their institutions and prevent them from the exploitation government will be taking punitive actions.

The Human Resource Development Ministry ordered the All-India Council for Technical Education (AICTE) and the University Grants Commission (UGC) to take savage action against the educational institutions, including deemed varsities, who are not refunding the students withdrawal fees.

The educational institutions who will not follow the parameters of the HRD will have to face serious issues which will include withdrawal of approval and recognition of erring institutions.

Continue Reading

News

Estonia- land of new education for Indian students

Published

on

Estonia

Indian students can now look at Estonia in EU as a new hub to get an international qualification. Estonia, a place for independent minds situated in the Baltic region of northern Europe bordered to the north by the Gulf of Finland. Many students from Indian origin travel from India to abroad for pursuing higher studies. Most of the students, generally head to the United States, the United Kingdom, Australia, Canada and New Zealand. In 2006, nearly 123,000 chosen different countries for higher studies.

Estonia, small country with 1.3 million has emerged as a global leader in e-government operations. . Its electronic ID push has created a more connected society, made public and private services more personalized and convenient, and established the capital city of Tallinn as an innovation hotspot — all while protecting individual privacy.Their citizens complete every municipal or state service online and in minutes.Tallinn their capital city is now mentioned in the same breath as Berlin, London.

Estonia – The New Student Hub

The latest statistics show that there are now more than 22,000 e-residents signed up from 138 countries and they make an enormous contribution to Estonia in return for the opportunities that they deliver to them. In fact, the weekly application rate is currently higher than Estonia’s weekly birth rate!

Voting in Estonia have become so easy that 85% are e-voters and once people go digital, they don’t go back.

Estonia produced more per capita start-ups than any other European country.They even opened up its e-government to outsiders, offering an “e-residency” that enables entrepreneurs to start a business in the country while living elsewhere.

All courses are internationally accredited and in accordance with the European Standards (ESG).University of Tartu features in the QS World University Rankings® 2016/17, and Tallinn University of Technology features in the QS University Rankings: EECA 2016, a ranking of the leading universities in Emerging Europe and Central Asia.

Continue Reading

Trending

%d bloggers like this: