Education loans: Banks to rate institutes

To tide over their bad loans and structure their loan products in a better way, banks will now rate B-schools and other educational institutions. In a recent meeting between banks and over 150 education institutes, it was decided that Indian Banks Association will come up with a rating model for institutes. This would be done under the aegis of Pritam Singh, director, International Management Institute, New Delhi. “Now, bankers are going to be liberal in providing education loan. When you provide...

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McGraw-Hill to announce global education CEO in 2-3 weeks

McGraw-Hill Companies Inc (MHP.N), the New York-based parent of credit rating agency Standard & Poor's, will appoint a new CEO for its global education business within a month, its chief executive told Reuters on Wednesday."We have a name and it's an exciting name. My guess is that probably in the next 2-3 weeks," Terry McGraw, a great-grandson of the founder said.The company, which will split into McGraw-Hill Financial and McGraw-Hill Education, has been on the lookout for a CEO to run its...

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Govt. has taken steps to increase literacy, ramp up higher education: PM

New Delhi, Mar 21 (ANI): The Prime Minister, Dr. Manmohan Singh, on Wednesday said the government has taken a number of steps to increase literacy, ramp up higher education particularly in science and engineering, impart skills to young citizens and develop vocational education.Speaking at the Centenary celebrations of the Oxford University Press India here, Dr. Singh said: "India has a large number of young people hungry for education, skills and training and this number is growing in leaps and bounds. It is a challenge as well as an opportunity...

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Despite RTE, 70% kids not getting proper education: Expert

VARANASI: "India needs to address five core problems if it wants to become a developed and modern nation. The five key problems hurting the nation are education, water, energy, corruption and governance. India also has the world's richest natural and historical resources that need to be preserved for the development of the country," said Padma Bhushan awardee and noted scientist P M Bhargava in a press conference at Banaras Hindu University (BHU) on Wednesday.Bhargava was invited for a special lecture on 'art and science' by the varsity as a part...

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India’s education system belongs to the industrial age

Rote-learning worked when employability hinged on fitting into a task-based role. Today, such work is outsourced to machines and we are expected to deliver in terms of ideasWith increasing frequency, both in private life and in political discourse in the country, people have begun to wonder: What were our policy-makers thinking? What thought processes, what information and what decision models were used to arrive at a particular decision? The accusation is that of an intellectual vacuum in decision making. This leads to two questions: Who is responsible...

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Students get only 6% of education funds: Survey

NEW DELHI: It's no surprise that just about half the country's standard V children can read a standard II textbook, and far fewer can do basic arithmetic. India's budget for elementary education has doubled between 2009 and 2012, and yet learning abilities continue to stagnate. A new survey has found that despite a hike in funds, 78% of the education budget was invested in teachers and management costs, with students receiving a mere 6% of the total investment. Particularly popular was whitewashing of walls and expenditure on school events.Between...

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Hundreds Of Poor Children In India Benefit From The Free Educational Programs Offered By Tarang

Mumbai, Maharashtra – India is in great need of the services of non governmental organization and there are many sectors in India that depend a lot on the work of non profit organizations. The educational industry in particular needs a lot of assistance to improve the literacy rate of the country. Many statistics report that one of the reasons for the highest rate of poverty in India is poor literacy rate. Tarang is a full fledged non-profit organization which offers social service in India concentrates on the education sector. The India NGO offers...

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Education Startup Edutor Gets Seed Funding From Hyderabad Angels

Hyderabad-based education services startup Edutor Technologies (India) Pvt Ltd has raised Rs 2 crore ($0.38 million) in seed funding from Hyderabad Angels. Sashi Reddi, serial entrepreneur and founder of SRI Capital led the investment by infusing Rs 1 crore.Founded in 2009 by Ram Gollamudi, Edutor develops interactive learning platforms for K-12 students. Last year, it had launched a touchscreen device (roughly the size of a smartphone) that came pre-loaded with content aligned to school curriculum. The content can be upgraded as a student moves...

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Education quality down on poor funds utilization

Poor utilization of funds and irregular disbursals have been cited as the reasons for India’s school education system failing to show desired improvement even as the government has more than doubled funds for education programmes in the past two years.The government has spent just 70% of the funds allocated for Sarva Shiksha Abhiyan (education for all) and Right to Education in 2010-11 compared with 78% in the year earlier, according to the Planning, Allocations and Expenditures, Institutions: Studies in Accountability report, prepared by the...

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Shiv Nadar University announced partnership with Babson College of US

New Delhi: The Shiv Nadar University today announced a partnership with Babson College, the world's no. 1 business school for entrepreneurship to offer global leading programs in Entrepreneurship Education to India. Babson's MBA program has been ranked no.1 for entrepreneurship for 19 consecutive years by U.S. News & World Report. Notable entrepreneurs from Babson include the likes of Roger Enrico, former Chairman, PepsiCo; William D. Green, CEO, Accenture.  Shiv Nadar University will offer three distinct entrepreneurship-focused management...

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Rapid Adoption of Microsoft Dynamics Continues Across U.S. Government, Education and Health Organizations

HOUSTON, March 19, 2012 /PRNewswire/ -- At Convergence 2012 today Microsoft Corp. announced 11 new Microsoft Dynamics customers from across the government, education and healthcare markets. These customers, including the United States Citizenship and Immigration Services (USCIS), the Louisiana State University (LSU) AgCenter, and the Los Angeles County Department of Public Health, join more than 1,000 public-sector organizations across every state in the U.S. that have adopted Microsoft Dynamics ERP and Microsoft Dynamics CRM to drive transformative...

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Handygo, CABI tie up to provide mobile-based Solutions for farmers

Handygo Technologies Pvt. Ltd, India’s leading provider of VAS solutions and CABI (www.cabi.org) has joined hands with each other to provide mobile based agriculture solutions to the rural population in India. CABI is a not-for-profit international organization that improves people’s lives by providing information and applying scientific expertise to solve problems in agriculture and the environment. The region specific data including Agricultural content, advisory, etc will come from CABI, while Handygo will be providing technical solutions by...

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ISB to commence first academic session at the Mohali from April 14

Chandigarh: The Indian School of Business (ISB) today announced that it is set to commence the first academic session at the Mohali campus from April 14, 2012. This marks the beginning of a new phase of growth for the school after completing a decade of growth and accomplishment, firmly putting India on the world map of management education. Starting this year, ISB's flagship Post-Graduate Programme (PGP) will be simultaneously delivered across the two campuses – Hyderabad and Mohali. The PGP Class of 2013 will have a total class size of ~770...

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All India Council of Technical Education says no to new institutes

LUCKNOW: All India Council of Technical Education has decided to put a blanket ban on opening up of new engineering and management colleges across the country from academic session 2013-14. The directive has come after the Council found that the supply is outstripping the demand for engineering and management seats in the country.Take the case of Uttar Pradesh. In the past five years, the number of engineering institutions has increased by 215. The number of engineering colleges till 2012 stands at 333, which was only 84 in 2005-06. More shocking...

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Department of Agricultural Research and Education secretary worried about reducing farm land

VARANASI: S Ayyappan, secretary, Department of Agricultural Research and Education (DARE) and director general, Indian Council of Agricultural Research (ICAR), expressed hope of better productivity of food grains in the country. He, however, was worried about the shrinking farming land and reducing number of farmers.Ayyappan was in the city on Saturday to receive the D Litt degree at the convocation of Banaras Hindu University (BHU). Talking to media persons at the Indian Institute of Vegetable Research (IIVR), he said despite shrinking of cultivated...

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A world of difference

In the U.S. for my Masters' degree, I have come to realise that the education system in India is totally different from that in the U.S., whether one is talking about school or college.Consider thisThe most important difference lies in the basic approach towards thinking. Take the attitude to mathematics, for instance. I feel mathematics teaches logic and lays the foundation for independent and lateral thinking. In India, mathematics is taught from elementary school level and there is a lot of emphasis on the subject. The standard is high right...

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India has understood Maldives’ constitutional position

Maldives, a small island-nation in the Indian Ocean, made up of a cluster of around 200 archipelagos and 350,000 inhabitants, is in the midst of a serious political crisis after the resignation —some call it ouster — of the first democratically elected president, Mohamed Nasheed on February 7.Vice president, Mohamed Waheed Hassan, took over as president and is heading a seven-party interim government.Though the violence allegedly unleashed by Nasheed’s supporters following his resignation has been brought under control, the new government is still...

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Enterprise India Summit 2012

Managing cities the smart way to provide better and more efficient services to residents is emerging as a huge business opportunity with the rapid urbanisation of the country, Communications and Information Technology experts forecast here today. This ICT led enterprise market is expected to be Rs 38,400 crore businesses by 2014 from the current size of Rs. 14,400 crores. Market size was doubling every three or four years, according to Bharat Exhibitions MD Shashi Dharan, the organiser of the Enterprise India Summit that examined the building...

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UK’s Warwick Business School eyes Delhi campus

MUMBAI: The Warwick Business School, standing 130km from London, will have its second address in India. The headquarters in the UK may be in sparsely populated Coventry but the management institute is looking at bustling Delhi for its new campus.Ever since India spoke of opening its doors to foreign universities, several top institutions have considered coming to its shores, but few have actually taken a step. The Schulich School of Business of Canada's York University is building its campus in Hyderabad.Most others have set up India offices that...

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Investment by private players will improve education sector

Pune’s education sector cheered some of the announcements in the Union Budget like the scheme for education loans, public private partnership (PPP) for new schools, national programme of midday meals and upgradation of existing government medical colleges to the level of All India Institute of Medical Sciences (AIIMS).Former vice-chancellor Ram Takwale said, “Giving the banks the role of distributing loans to deserving students is welcome. Implementation of the scheme by another agency would have caused problems.”Educationist Ramesh Panse said,...

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What do our B-schools have to say about the executive education programmes being launched by their foreign counterparts?

When 50-year-old Rajendra Singh, a top honcho in a technology company, wanted to burnish his repertoire of skills, he went to one of the best management schools. His company spent Rs 32 lakh for him to do an eight-week advanced executive management course at Harvard. "I know it seems like a great deal. But what I learned in terms of education was incomparable," says Singh. This education just got closer home with the recent launch of a Harvard classroom at Taj Lands End in Mumbai.While it's a quid pro quo for Indian students and renowned foreign...

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Oxford VC attacks student visa rules on eve of India visit

British Government's clamp-down on foreign students would make it harder for universities to attract the “best” students from around the world, Oxford University Vice-Chancellor Andrew Hamilton told The Hindu on Saturday as he prepared to leave for a week-long visit to India, a major catchment area for British higher education institutions looking for bright and well-heeled overseas students.Professor Hamilton said that Oxford was working with other universities to lobby the government while trying to minimise the impact of the increasingly stringent—and...

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Budget 2012: Fair moves for education, employment

Education and employment go hand-in-hand, and to that extent at least been just in its treatment of these spaces. The announcement to set up 6,000 new model schools at the block level, with 2500 via Public-Private Partnerships has been reassuring. "Equally the attention given to Rashtriya Madhyamik Shiksha Abhiyan where the allocation has gone up is a good move and deepens the commitment in the space in addition to Sarva Shiksha Abhiyan," says Shantanu Prakash, Chairman & MD, Educomp.FULL...

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Moving B.C.’s education system forward

VICTORIA – Now that Bill 22, the Education Improvement Act, has been passed by the legislature, teachers’ strike action will be suspended and a mediator will be appointed to work with the BC Teachers’ Federation and the BC Public School Employers Association toward a negotiated agreement.This school year has been challenging for all involved and I am hopeful that through the mediation process, both parties will have the opportunity to work together to resolve issues and reach a negotiated agreement.To that end, I have asked the BCTF and the BCPSEA...

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Right to education fails to get pass marks, again

India's ambitious plan of seeing every child in school was short-changed in the Budget again.While the finance minister set aside Rs 25,555 crore for implementation of the Right to Education (RTE) Act, up by 21.7% from last year's Rs 21,000 crore, the allotment failed to enthuse experts. Describing the move as "disappointing", Vinod Raina-an architect of the RTE Act-said: "This year, there is once again a shortfall in funding a fundamental right. It shows how serious the government really is about the RTE (Act)."March 2013 is the deadline for...

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