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education sector

Is 100 per cent FDI in education a

The government at the Centre is planning to introduce 100 per cent Foreign Direct Investment (FDI) in the education sector. Under the General Agreement on Trade and Services (GATS), the Union government had agreed at the WTO conference to allow FDI in the education sector by 2003.

This would imply that foreign educational institutions would be allowed to establish wholly owned subsidiaries in India, leading to a foreign education and certification for students. The move is aimed at increasing the number of foreign students pursuing higher studies in India, which stood at 7,000 in 2001, as well as retaining a proportion of the 48,000 Indian students going abroad each year.

The move will make foreign education/certification more accessible to Indian students as well as substantially reduce the costs involved for the student. The government is simultaneously attempting to allay fears on excessive commercialisation of higher education by limiting the nature of foreign institutions entering the sector through a condition that allows only registered societies and non-profit organisations.

But, is the announcement a real reason to rejoice for students or education providers?

Indian students, for a long time, have had access to foreign certification and education through various tie-ups.

Certification tie-ups such as the tie-up between University of London and ITM, which allow students to gain a degree from the university while studying in India, have existed for sometime now. Educational tie-ups such as the ones between Columbia University and Indian Institute of Journalism and New Media, Bangalore, entailing the provision of course content and teaching assistance by the premier American school for journalism to the Indian counterpart is also becoming a norm in the sector.

Also, reputed universities in the UK and the USA offer courses to international students through external education programmes rather than setting up shop themselves. Hence, the entry of institutions will be limited to smaller players. For the institutes, the announcement implies increased competition in a sector already facing a bottleneck due to an unprecedented mushrooming of private institutes. The only benefit accruing to them might be the additional avenue for capital.

The privatization of education for the good of the country.

Despite the outcry over rising costs of technical training, an excellent teacher has full support for privatization and liberalization of the education sector.

Prof. NS Ramaswamy, founder-director of the Indian Institute of Management, Bangalore, said that, as liberalization has a better performance and productivity in the business world, it is more competitive in the education sector Indian.

An opening in education and freedom of high fees would also be beneficial for the educational system of India, Professor Ramaswamy, the direction of the Jamnalal Bajaj Institute of Management, Mumbai, said.

TNN talk he said that India, with its institutions and engineering 1200 lakh two teachers has enormous potential, a goal for technical education, particularly for students from developing countries.

According to him, what we need is the creation of world-class facilities and the presence of highly skilled professionals and faculty. “They get these institutions only if you have high charges, as in Europe and the USA,” he said. At the same time, he warned that 50 per cent of seats in engineering universities must be open for the poor, deserving students.

Professor Ramaswamy said that health care and education are two sectors in which India can be a global goal. Through the provision of quality health care and education highly professionalized, India can be a world leader in these areas and earn up to $ 20 billion per year, he said.

Recognizing that medical care and an engineer by training was a “fait rackets money” Today, Professor Ramaswamy said that corruption was a result of government control.

“If you, you control corruption. There is no way, without the improvement of freedom. Let the rich people to pay for expensive private college of engineering. But also, 50 percent seats can be opened poor, deserving students, Prof. Ramaswamy

He stressed that the AICTE worked, accreditation and rating system for institutions of higher education private engineering to identify the best schools in the country. Such a system, he said, would help stem unprofessionalised institutions, whose only goal was to give money.

The distinguished teacher founded by the Indian Heritage Academy, Bangalore, the promotion of ethical values and character building in schools, here is the implementation of a five-day AICTE (All India Council of Technical Education) sponsored the workshop for engineering colleges.

The workshop was the inauguration of Thermax Group President Anu Aga on the Pune Institute of Engineering and Technology, on Tuesday, the Faculty and representatives of a dozen engineering colleges of the city.

The workshop aims to focus on the modernization of ethical and moral values and improvement of leadership skills and ethics in the work of the Faculty, the payer and management of institutions of higher education technique.

Under its national program, AICTE workshop was offered in 90 colleges in the south. After Pune, will soon be held in Bubhaneshwar, Delhi and Jaipur.

ICFAI aims at diversification.

With reforms redefining the role of the finance manager and necessitating finance professionals to operate in a totally new landscape, the training of such professionals is fast emerging as a major market for institutions specialising in financial management, particularly in the fledgling private sector.

And why not? At least 20 of the leading Universities in the U.S., which also have reputed business management schools, are all in the private sector. In India, the concept is just about catching up.

“What happened to the industrial sector in the past ten years (since reforms) will happen to the education sector in the next ten years (and finance and management will be key areas as far as the industry is concerned),” says N. J. Yasaswy, member of Board of Governors, Institute of Chartered Financial Analysts of India (ICFAI).

“And in the next five years all progressive States will have private university bills,” he says reflective of things to come. And he should know, being a co-founder of one of the most successful private sector institutions specialising in finance and management.

Also one of the `early birds’ to get recognition from the Chhattisgarh Government as a `Private University’ recently. Founded in 1984 as a private institution with an endowment of just about Rs. 7,000 and backed by `intellectual capital’, ICFAI grew from Rs. 1 crore budget in the early 90s to a Rs. 90-100 crore budget this year. The budget of the six IIMs is estimated at a little over Rs. 70 crores.

In the process, the ICFAI set up nine business schools (ICFAI Business School-IBS) offering courses in finance, management, insurance, and banking, at Ahmedabad, Bangalore, Bhubaneswar, Chennai, Gurgaon, Hyderabad, Kolkata, Mumbai and Pune. It now has about 3,000 students on campus and nearly 20,000 active students under distance learning programmes. It has so far produced over 1,850 Chartered Financial Analysts (CFAs).

Sharing the delight of getting recognition, and its future plans with The Hindu here, Mr. Yasaswy said The ICFAI University, as it is now called, would invest Rs. 10 crores each in Chhattisgarh and Bhubaneswar (Cabinet approval given). Discussions are on with 17 States. Next in line is Uttaranchal and probably Himachal.

In Hyderabad, it was planning a huge campus involving an investment of Rs. 70 crores over the next few years, Mr. Yasaswy said adding that they would be diversifying to offer a `package’ of courses in business, law, engineering and graduate courses thereby evolving into a multi-faculty and multi-locational institution. It will confer degrees at bachelor, master and doctoral levels. As of now, about 250 companies visited ICFAI every year for on campus recruitments, he said, once again reflecting the close industry-institution relationship.

Minister of Defence, officers begin ‘Mission MBA

LUCKNOW: The second General Management Program (GMP) for officers of the defence services was signed on Indian Institute of Management, Lucknow, on Monday.

Like many of the armed forces of 60 officers began its mission MBA ‘under the direction of the administration of the brightest minds in the country.

Procedure at the initiative of the Directorate of Resettlement, Ministry of Defence, the two years of operation of the education sector postgraduate programme (PGP) was encapsulated IIM-L-experts in six months a certificate especially the MBA program.

In various sectors of the army, the quota at the IIM-L-Campus of the year for the specific training, including 41 officers of the Army, Navy, and 10 from nine Air Force.

Out of 60, 10 female officers. Last year, there were 48 officers, including four women. Last year, the success provides high visibility this year.

Reliance, University of Technology in the near Rajkot.

AHMEDABAD: The Science and Technology of the university, it is proposed by the Reliance Group, is one of the transactions that can be fully in the education sector on the Vibrant Gujarat Business Summit.

The R-250 crore university near Rajkot have tie-ups with the Massachusetts Institute of Technology. Two other projects to set up schools are also on the agenda of the Summit. Accordingly, Rs 300 crore value of the investment could come to the state in the form of education projects.

Reliance If the proposal is given the go-ahead, it is the third establishment, by members of the group in Gujarat. “We are still considering the proposal and discussed it in detail with officials of the company during the summit,” Secretary of State Education P. Paneervel

The company also proposed the establishment of the University of more than 200 hectares of land and offers both Undergraduate and Post-Graduate Course, with a view of the lack of specialists in science and technology programmes in the State. Porters are very interested to begin classes from June 2006.

Paneervel adds: “We have a proposal to create a school of Jamnagar US-based NRI and the rest from Gandhinagar in a NRI residing in the United Kingdom. We consider the two proposals.” But some declarations of intent for the creation of projects signed by the government in recent years, the summit is still to come.

The government has reached an agreement with Nirma University of Technology to create a Navy Engineering College, at a cost of Rs 30 crore and Adana group for the establishment of an institute of port management believes to Rs 30 crore

Both projects are still hanging fire. Two letters of intent were Sundev Group for the establishment of a national institute for the management of Rs 60 crore and yoga University linked to Rs 20 crore, but the work on the projects have not yet begun. This year the government took full agenda.What of Education proposes to do is to promote industrial, liaison programs in which industry, sign an agreement with the government, a Polytechnic.

“We want to model Pollachi TN, where there is a cluster of UAS, the courses run on the needs of the industry. Once the required number of students are trained for the industry, of course, the liquidation. then another course Presented with the needs of industry at the moment, “says Paneervel.

City Briefs

Chandigarh, July 19: 300 seats for BEd
How many seats for the 300 BEd (General), was given to the Local Government College of Education, Sector 20-D, from the 2003-2004 session. The National Council for Teachers Education, New Delhi, UT, the administration so far, UT, said an official. This mission followed a petition filed by the head of the institution, which is headquartered in NCTE June. It is also for the benefit of students, such as management fees from the nominal value, in comparison with other institutions, the majority of them are private, it was officially added.

Regulatory Panel
The Committee on Legal Affairs Committee of the Municipal Corporation, at its meeting on Thursday, recommended the creation of a regulatory committee, the Committee to take decisions with regard to the important issues of the civic body. This group has also been proposed to set up a committee of five members, has the power to dissolve Parliament, if the situation requires. The committee is chaired by a retired judge to rest or the High Court.

Results
Of the 95 schools connected Bharatiya Vidya Bhawan, Mumbai, Dayanand College of Communication and Management, Chandigarh, was perfectly in the e-course graduate diploma. Percentages are based General journalism: 90pc, Public Relations: St. 92, mass communication: 80pc, Marketing and Sales Management: 85pc, business management: 93pc, labour relations and human resources management: 78pc, international trade: PC-95, and marketing and advertising-100pc. New registrations for PG postgraduate courses in the various streams of July 31. The new session will start from August 4.

Tree Planting
A ceremonial tree planting took place today in GSSS-22 A, Chandigarh. Neem, nagobčniki Sari, Bahera, Harar, Shahtoot, Silver Oak, Gulmohar, Amartas, Shan Suhanjaa Dini, and were planted. The function was jointly organized by NSS volunteers, PTA and the Eco-Club of the school. The assessment, the leader of the demonstration was President of the Environment Society of India, SK Sharma.

Talking career
More than 500 graduates have participated in a workshop organized career with the Government Museum Auditorium, Sector 10, on Saturday. The workshop was organized by IMS Learning Centre, Sector 35B. The workshop was divided into three locations. At the first meeting, were exposed to speakers from the media, on the prospects for a career in mass communication. During the second meeting, speakers from the University Business School, Panjab University, on the importance of management and the last session devoted to discussions on careers in management.

Gifts in abundance
Bharao gasoline, uphaar paao was the new “Scratch and Win” campaign Bharat Petroleum in the industry 21 service station on Saturday. The campaign will try to attract customers’ Speed ‘. Gift Certificates for owners of two-wheelers more petrol with a value of at least Rs 150 and four scooters owners can purchase gas coupons with a value of 500 l strike ‘Good ensure matter if the customer has a price, it can fuel, hair dryer, for travel, iron bracelets, music or even tapes, jewelry.

Competitions of music
‘Swar Udgam, “an Inter-School Hindustani Classical Vocal Geet / Ghazal competition was held at the foot of Mount Carmel School, Sector 47-B, on Saturday. Chandigarh Thirteen schools participated in the competition.

To explore and discover India Inc

ANNUAL CONVENTION OF THE Festival of the Indian Institute of Management Bangalore (IIMB) - VISTA 2005 - concluded last week, was a great success with more than 250 schools, including 70 schools in India and abroad. More than 800 students from prestigious universities such as IIMs, XLRI, SCMHRD and NITIE wetteiferte with any other of the distinction.

The main events of the day was a Bzzwings 2005, India’s largest business plan competitions, demonstrations, Asia, the largest paper, private equity, the workshop led by ICICI Ventures and games and workshops, organized by organizations such as American Express, CavinKare and Freescale.

The highlight of the day was the speech that is in the form of an intensive round table between the President of NASCOMM, Kiran Karnik, General Manager and Vice President of ABB, Ravi Uppal, Sunil Alagh, and are now in marketing moghul The summit of Biocon Ltd, the discussion with the title “Respect for the Inde’s Promise” was moderated by Mckinsey & Co.

Bzzwings 2005, India’s largest business plan competition, has seen a great resonance this year, with nearly 300 entries in the next, and was appreciated by some of India announced venture capitalists and entrepreneurs. The event, organized in collaboration with Freescale Semiconductor, saw the teams are on the business plans a wide range of subjects related to the automotive industry in the bio-industry and industry in order to protect human health the education sector.

The winners

For the past nine teams in the Short List, Quick Sense IIMA team won first prize for his presentation on the topic of heart health and went away with orig. 50,000 of money in the kitty.

The second prize was awarded to the case 30000 Mobile Team Medicago BITS Pilani, which their case on the mobility of health care on the basis of research in Rajasthan, Gujarat and elsewhere.

IITD team oregano, Dept. of Management Studies won the third prize for a presentation on foods of the bio-industry.

Sekar Kondepudi of Freescale Semiconductor Feeling that the participants were of very good quality and submit business plans for the industry.

Three of the nine finalists have submitted their plans for health care, indicating that the future of Indian industry lie in the biotechnology and health care.

The Cavinkare sale of the workshop was another key attraction of matter “If companies invest Indian and branding.”

The workshop will discuss the importance and vitality of branding in the Indian context. Different concepts of branding were articulated with the help of case study on the Spinz brand. He followed an interactive session, where teams treatment of market participants some of the key issues related to the brand Spinz, for example, an increase in market share of the mark and extensibility.

The main Cavinkare representatives of the workshop were Ramesh Viswanathan, Vice-President Marketing; Vishwanathan Sankasivam, Senior Manager, Marketing Services, and Rajeshwari, Marketing Manager.

India, the largest presentation of paper Competition - demonstrations - has chosen to nominate candidates Papers, which cover various areas such as marketing, finance, operations, strategy, information technology and economics. The winners in the different branches were as follows:

British group believes that the establishment of the university in India.

Jan. 13 - AHMEDABAD, India - A science and technology university, it is proposed by the Reliance Group, is one of the transactions that can be fully in the education sector on the Vibrant Gujarat Business Summit.

The R-250 crore university near Rajkot have tie-ups with the Massachusetts Institute of Technology. Two other projects to set up schools are also on the agenda of the Summit. Accordingly, Rs 300 crore value of the investment could come to the state in the form of education projects.

Reliance If the proposal is given the go-ahead, it is the third establishment, by members of the group in Gujarat. “We are still considering the proposal and discussed it in detail with officials of the company during the summit,” Secretary of State Education P. Paneervel

The company also proposed the establishment of the University of more than 200 hectares of land and offers both Undergraduate and Post-Graduate Course, with a view of the lack of specialists in science and technology programmes in the State. Porters are very interested to begin classes from June 2006.

Paneervel adds: “We have a proposal to create a school of Jamnagar US-based NRI and the rest from Gandhinagar in a NRI residing in the United Kingdom. We consider the two proposals.” But some declarations of intent for the creation of projects signed by the government in recent years, the summit is still to come.

The government has reached an agreement with Nirma University of Technology to create a Navy Engineering College, at a cost of Rs 30 crore and Adana group for the establishment of an institute of port management believes to Rs 30 crore

Both projects are still hanging fire. Two letters of intent were Sundev Group for the establishment of a national institute for the management of Rs 60 crore and yoga University linked to Rs 20 crore, but the work on the projects have not yet begun. This year the government took full agenda.What of Education proposes to do is to promote industrial, liaison programs in which industry, sign an agreement with the government, a Polytechnic.

“We want to model Pollachi TN, where there is a cluster of UAS, the courses run on the needs of the industry. Once the required number of students are trained for the industry, of course, the liquidation. then another course Presented with the needs of industry at the moment, “says Paneervel.

Ten Jubilee of Education

The year 2007, he has many pleasant surprises and some disappointments for the education sector.

During IITs and IIMs curb the headlines with the issue, and their graduation rate has declined almost Ivy League wages, the Prime Minister announced a series of initiatives for the sector. Business Standard Highlights few questions as:

300 students NITIE innovative to sell toys, money for NGOs

Mumbai July 31: For the seventh consecutive year, students from the National Institute of Industrial Engineering (NITIE) on the streets of Mumbai on Wednesday at an event marketing socio-Mandi.

Three first year hundreds of students in the management of NITIE this year, participation in the day’s event, at the moment, in collaboration with Essel World for the first time. This event is organised on your August 1, the actress Nandita Das.

Mandi is a first-of-its-kind initiative, students from school B, where they sell toys innovative in the streets of Mumbai and we Navnirmiti on profits, NGOs, the economically disadvantaged students. The games that are manufactured by Navnirmiti, promotion of a child, scientific thinking and logic skills.

Professor T Prasad, who designs the organization, said: “The power of leveraged Mandi could continue in the direction of creating a positive impact on the management areas of entrepreneurship and self and development among others. ”

Mandi is twofold - the provision of a platform for students to the application of lessons in the classroom to real-life situations and NGOs to achieve its social policy and educational objectives. The main objective of this approach is experimental and innovative learning management. “The performance of students in a scientific evaluation of the ability of students from theory to practice,” says Prasad.

“For most of us, this is the first attempt to direct distribution, ie, we are delighted. Preparations began a month and a half ahead of schedule. It is a unique way to produce, social awareness and practice of management of materials to learn, “said Himani Aggarwal, a student of first year.

Currently, the initiative is built into the different courses of NITIE marketing management, management and the overall functioning of the education sector.

“The event is divided into three phases of pre-event, where we strategise on D-Day, if we drive through the city and the sale of toys post-event, where each group expressed its proper perspective, and These reactions are the then analyzed, “said Aggarwal.

She added: “The strategy for the sale is quite decided to us, and we have the freedom to go where we want to go.”

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