The city-based NITIE (National Institute of Industrial Engineering), which is assisted by the Department of Human Resources and Development is entirely funded by the government, its fees in line with the recent government decision, claiming to be on course management affordable to more students.

According to the director, Professor Tapan P. Bagchi, charges for two years-PG Diploma in Industrial Management is to reduce by 30000 to R RS 1 lakh before.

About the decision to invite rather the future of the fee cut, Prof. Bagchi said: “students are now no doubt about the new fee structure.”

Over the decision to reduce the fee was just once assured the government, the Institute would it really means “deficit. This would be around Rs 70000 per person for a class of 120 earlier this year, the Institute plans to increase their intake by 30

The first decision on the reduction of costs, prior to the closing financial year (March 31), it is also possible for the Government to increase the endowment to the Institute when preparing the budget for the new years, he said.

According to Professor Bagchi, the cost of educating each student has been informed of RS 3 lakh per annum. Thus, as the government subsidizes each student to the extent of RS 2 lakh. Thus, the burden R 70000 per student, do not seem very great.

He added that the RS 3 lakh for the education of each student taken into account operating costs of the Faculty include wages, cost of library and laboratory, maintenance and electricity costs, etc.

Any improvement of infrastructure and acquisition of assets such as computers were under the “Capital Fund for the Institute. This course was without resources, he said.

Mangalore, April 8. The increase in the micro-finance through self-help groups (SHGs), the prospects for the rural poor, according to D. Prof. Nagabrahmam, director of the Institute for Management TA Pai, Manipal.

The Mangalore University liberation paid by Thursday, provided the profiles Nagabrahmam EC Kamath Memorial Endowment lecture on “micro-finance: a management tool for rural development”, organized by the Faculty of Economics at the University recently.

He said that SHGs, sponsored by the National Bank for Agriculture and Rural Development (Nabard) manages, and especially women, have helped make the economies of the culture of the rural poor. SHGs have been an essential element in the development of rural areas.

Profiles Nagabrahmam emphasized the role of experience in Bangladesh Gramin and Self-Employed Women’s Association in Ahmedabad pioneer in the micro-finance in the concept of rural development.

By referring to the success of dairy farming in India, he said that an effective organization of decentralized production. In the latter, a centralized system for the sale allows the provision of any dairy product anywhere in the country.

The rector, Professor B. Hanumaiah, to preside over the function