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Post Budget Byte 2022: Dr. Sunil Shukla, Director General, Entrepreneurship Development Institute of India (EDII), Ahmedabad

Sunil

I am happy that the Union Budget for the financial year 2022-23 emphasises on key sectors such as education, health, infrastructure and MSMEs, thus focussing on growth and inclusive development. Announcements like a digital university for providing online education in multiple languages, digital ecosystem for skilling and livelihood—the DESH-Stack e portal that aims at empowering citizens to skill, reskill or upskill through online training, setting up of 750 virtual labs in science and mathematics, and 75 skilling e-labs for simulated learning environment showcases the intent of the government towards further augmentations and developments the skilling ecosystem and the education domain.

Sunil

Also read: Pre Budget Byte 2022: Swapnil Dharmdhikari, Director & Founder, Splashgain Technology Solutions Pvt. Ltd.

I appreciate that Startups have been encouraged through various measures – extending tax benefits for a year, earmarking 25 per cent of defence R&D budget for the industry – the vision has rightly focussed on building an environ which fortifies innovation, enterprise, academia and inclusive welfare. Interlinking of Udyam, e-Shram, NCS and ASEEM portals, and the extension of the Emergency Credit Line Guarantee Scheme (ECLGS) for one more year and expansion in its guarantee cover is further intended to formalise the economy and enhance entrepreneurial opportunities. All in all, I look forward to India gaining pace as an entrepreneurial nation.

 

Post Budget Byte 2022: Dharmesh Kapasi, President, Shanti Educational Initiatives Limited (SEIL)

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“The Union finance minister presented a growth-oriented budget for the upcoming financial year. We are happy to see that the budget focused on encouraging digital education in the COVID-era, especially for rural India, which is the worst hit in the past two years.

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In fact, “digital” was the theme for all education initiatives in the speech, both for school and higher education.

The expansion of the “One Class One TV Channel” programme under PM eVIDYA initiative from the existing 12 educational channels to 200 channels across India will provide significantly easier access to world-class quality education to the students.

The government’s plan to set up a digital university and focus on collaborations with the best institutions in the country is a great initiative.

In line with our expectations, the thrust has been given on providing a platform to the digital teachers for developing competent content for imparting education virtually.

Considering the impact of the pandemic on students and the education sector, it is an important decision to develop high-quality e-content that can be delivered through various modes and equip teachers so that they can use digital tools.”

FM doles out ‘digital gifts’ for education in Union budget

nirmala budget

With a speech that lasted a little over 90 minutes, Finance Minister Nirmala Sitharaman presented the Union Budget 2022-23 in the Parliament today. Swar Makhija of Elets News Network finds out about the FM’s offerings to the education sector.

The Union Budget 2022-23 was presented by Finance Minister Nirmala Sitharaman at the parliament today. The union budget speech was a little over 90 minutes and is said to be one of the shortest speeches. In her speech, Sitaraman doled out ‘digital gifts’ for the education sector

The finance minister announced that new skill courses will be started. After the pandemic hit the country, there has been a sudden shift towards technology. The rural students have been worse affected following the outbreak of Covid. Sitaraman said that rural people have lost 2 years of formal education, which is mostly students from government schools. To broaden the horizon, supplementary teaching is necessary. The eVidya platform will be expanded from 12 to 200 TV channels across the country. All states would provide supplementary education in regional language from classes 1 to 12.

The FM also realised that there is a major need to introduce more technology in the education sector. After the pandemic hit the country, many students shifted from private schools to government schools. Also, lakhs of schools and colleges were affected. A‘Digital university’ will be established for universal education with personalised learning experience at the doorstep, in different languages and ICT formats with ICT expertise. It will be built on a network hub and spoke model.

In the union budget speech, the Union Minister further stated, “Skilling programs will be reoriented, and ITIs will start courses on skilling. The Digital DESH e-portal will be launched for skilling, upskilling & reskilling of the youth”. To help students in easy understanding and better learning, high-quality e-content in all spoken languages will be developed through all media channels, i.e. internet, radio, mobile phone, television, and digital teachers.

Further, the minister announced 5 academic institutions on urban planning to be made centres of excellence. The institutions will get an endowment of Rs 250 crore each. Also, free of Indian regulations, world-class universities will be allowed to offer courses in financial services and technology.

She also stated that the National Skill Qualification Framework will be realigned with changing industry demands and that employability will be improved through skilling programmes and collaborations with the industry.

The following are the major highlights of Union Budget 2022-23:

  • Digital University to be established to Provide World-Class Universal Education Across Country. It will be made available in different Indian languages and ICT formats.
  • Startups will be promoted to facilitate Drone Shakti to make drone a service. In select ITIs in all states, courses will be started.
  • NSQF(National Skills Qualifications Framework) will be aligned with dynamic industry needs.
  • The Desh Stack e-portal will be launched. This will empower citizens to skill, upskill or reskill through online training.
  • Skilling courses will be started
  • High-quality e-content in all spoken languages will be developed through channels of the internet, radio, mobile phones, television, and digital teachers.

Union Budget 2022 Live Updates- what education gets

union budget 2022

Finance Minister Nirmala Sitharaman is presenting the Union Budget 2022 in the parliament. Here are live updates of what education sector gets.

 

 

Pre Budget Byte 2022: Swapnil Dharmdhikari, Director & Founder, Splashgain Technology Solutions Pvt. Ltd.

swapnil

As all eyes are on Union Budget 2022 that is all set to be announced on February 1, 2022, Digital Learning spoke to a few industry experts about their expectations from the Union Budget 2022.

swapnil

“The children of today are preparing for a future that we haven’t even imagined yet. With that backdrop in mind, educational institutes need to re-examine the very tenets of education frameworks that have been set in place for many decades now and assess where a transformation is imminent. With the pandemic, we have seen the advent of remote learning environments take form. In the future this may transition into a hybrid model, just like we are seeing in corporate India. That being the case, now is the right time for the government to drive a greater thrust on digital transformation in the realm of education.

This transformation doesn’t just have to entail the way learning content is delivered to students but encompass the overall operational aspects and functions of every academic institute. For instance, digital admissions, digital assessments and digital evaluations have to become the norm instead of the exception they are today. The revenues saved from going paperless and real-time can unlock value for every public institute in India which can then be further deployed towards enhancing learning modules that pave the way for skilling the future workforce of India.

The hope is that the government can rally the necessary support through tax benefits and incentives in order to make India’s digital dream a reality at the very foundational stage of learning environments so that the digital adoption starts early and thrives as the students of India enter the future-ready workforce that our nation is readying for. ”

 

Apeejay Faridabad applauds innate kindness and humanity with Aham Brahmasmi theme on Annual Appreciation Day

Apeejay Faridabad

To celebrate the eclectic achievements of its students, Apeejay School, Faridabad, recently held its Annual Appreciation Day for the academic year 2021-22. The virtual event was graced by Sanjay Joon, IAS, Commissioner, Faridabad division, Faridabad, as the Chief Guest, and Ms A Mona Sreenivas, IAS, Director (Coordination), Election Commission of India, as the Guest of Honour. The event also saw the presence of eminent actor and special invitee Mr Kunnal Kummar. Dr Neha Berlia, Co-promoter, Apeejay Stya and Svran Group, presided over the event.

Congratulating the school for its exemplary achievements, Mr Joon said, “You have had commendable achievements in different fields. It is a great idea to appreciate and give recognition to the contribution by students in their respective fields of interest. I congratulate all the children who have done well and got laurels. I wish all the best to those who have completed their schooling at Apeejay recently.”

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In her address, Dr Berlia talked about how the school strived to overcome all challenges in the pandemic to ensure that the education of the students was not compromised in any way. “A special appreciation is due to the school for going ahead with the annual appreciation day on a virtual platform despite all odds. Congratulations to the school for its commendable work in all realms—in academics, extra-curricular activities, sports, and community outreach initiatives.

“In the wake of the pandemic, Apeejay found effective online alternatives of high quality, blended, hybrid learning, which is here to stay. At all times, the vision of Apeejay Education is to provide value-based, holistic education leading to man-making and nation-building. Apeejay is guided by the vision of my late grandfather Dr Stya Paul, the inspiration behind all our institutions…(which) is dynamically being taken forward by my mother Mrs Sushma Paul Berlia, Chairman, Apeejay Education Society and Co-promoter and President, Apeejay Stya and Svran Group, as well as myself and my two brothers. Today, the Apeejay family comprises 24 educational institutions across the country,” she said.

At the event, the school students showcased their impressive talents through various music and dance performances under the theme “Aham Brahmasmi—the divinity within”, reflecting the union with the higher self and reminding how every individual is an integral part of the cosmos.

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On the significance of the theme, Ms Sreenivas remarked, “This term has a spiritual connotation. It speaks about how each one of us is a microcosm. This sense of being yourself and also part of the much larger energy that runs the universe fills one with pride and happiness. The past two years have been very difficult. The impact of Covid has changed all of us. Though it has been a difficult time, it has also come up with a lot of opportunities for doing good. I have seen young people using crowd sourcing and digital platforms to connect to those in need and deliver food, oxygen, and medicines. I feel that it is this innate sense of kindness and humanity that makes us great. This is the Aham Brahmasmi that the Upanishads talk about. Celebrate, share and keep up these acts of kindness. Never lose heart and hope. There is always a scope to spread your wings.”

The alumna of Apeejay School, Faridabad, further said, “Some of my formative years of life have been spent in this school. I did my classes 6, 7, 8, 11 and 12 from the school. I must compliment all parents and children. This institution has something very different to offer—a sense of discipline, well-being, and togetherness. I have many fond memories.”

“Moved” by the theme for the event, Mr Kummar also shared his insights and thoughts with the students. He said, “I was so moved when I read the theme of the event, Aham Brahmasmi. It is a way of life in which we need to see God in everyone. Constant reflection is needed so that we go to deeper levels. We are beyond the labels that society puts on us. Meditate on Aham Brahmasmi and you will achieve what you are looking for…We need to not be body-conscious but soul-conscious.”

Highlighting what sets Apeejay apart from other educational institutions, Dr Berlia further mentioned, “Apeejay reached out to its students with a seamless stream of online education. We were one of the first to start online teaching during the pandemic. All the Apeejay institutions are trying their best that uninterrupted learning continues for all its students. Teachers, under the guidance of the technical team, have swiftly adapted to the online world of teaching. Being at the forefront of IT-enabled education and cloud computing for years, we have been able to leverage that strength to our advantage very quickly in accordance with the need of the present time with requisite training and mentoring.” She also talked about the infrastructure updation undertaken by the school amid the pandemic, from renovating the auditorium to the washrooms.

Dr Berlia went on to thank the parents of Apeejay students for being constant pillars of support. “The last two years have been tough for students but more so for parents. While online teaching seems easy, it has required huge efforts from parents to ensure education was being imparted even at home. We look to their continued support at all times, and the commendable effort put in by our teachers who have been constantly working, creating schedules, and managing examinations during such times…May the school continue to soar higher and higher.

“I congratulate all those who have won prizes today. To those, who have not won any prizes, I would like to say that never give up on your dreams and follow it up with determination to get the kind of success you deserve.”

The outstanding efforts made by the school and its students came forth through the achievements listed in the annual report. Principal Dr Parul Tyagi enumerated the various laurels won by the school, in both scholastic and non-scholastic fields. She highlighted how the school was nationally recognised for its contributions to blended learning, while appreciating individual achievements of students in board exams, and national and international events, from sports to science and social work. “Our sincere efforts have earned us prestigious positions as school leaders in different surveys helping us create a niche as an enriching and empowering school. The focus is to encourage teachers and students to become reflective practitioners through experimental and inquiry-based learning, decision making, and interpersonal trust,” she said.

Vice President congratulates IIT Madras for their new science and tech magazine ‘Shaastra’

Vice President Venkaiah Naidu
Vice President congratulates IIT Madras for their new science and tech magazine ‘Shaastra’

New Delhi

The Vice President Venkaiah Naidu on Sunday congratulated IIT Madras for coming out with a science and technology magazine ‘Shaastra’, stating that it would benefit those keen on knowing the latest developments in the field of science and innovation.

Supported by 50,000 alumni of IIT Madras, ‘Shaastra’ is aimed at serving as a platform to showcase achievements in science, technology and innovation in India and abroad and also to enable informed conversations between industry, academia, and policymakers.

“I compliment IIT-Madras for bringing out ‘Shaastra’, a science and technology magazine. It is a good initiative as the magazine will not only benefit the scientific community but also those who are keen on knowing about the latest developments in the world of science and innovation,” Naidu tweeted.

Dean (Alumni and Corporate Relations, IIT-Madras Mahesh Panchagnula said, “Shastraa is IIT-Madras’ offering to the nation. We are presenting it as a platform for conversations to happen between students, policymakers, engineers, scientists, professors and corporate leaders of India. We hope this will become a catalyst for the country to embrace technology at all levels.”

 

Pre Budget Byte 2022: Ganesh S, CEO, Top Freshers Technologies

Ganesh-s

As all eyes are on Union Budget 2022 that is all set to be announced on February 1, 2022, Digital Learning spoke to a few industry experts about their expectations from the Union Budget 2022.

Ganesh-s

Thousands and thousands of crores, is being pumped into the education and skill development ecosystem every year. Just the budgetary allocation towards Skill development alone is over Rs.21,000 Crores in the last ten years.

Having invested several crores over the years, it leads to few questions like;

A. What are the tangible outcomes?

B. What is the positive impact on the economy?

C. Has the spending addressed reducing unemployment or un-employability issues?

If we deeply dive into figuring out the answers for these questions, the answer remains gloomy or without enough data to prove the outcome.

Having said this, I expect the following ten expectations being addressed in the budget 2022, which should also spell out the outcome;

1. The spending on skill development with focus on engineering skills remains negligible, which needs attention and more spent.

2. Content and Delivery are the key to effective training, the government should allocate a considerable amount towards content standardisation and E-learning content delivery with the best of Subject Matter Experts (SME), which can elevate the delivery standards and also address scalability.

3. Training on E waste management focusing at the Bottom of the Pyramid and an ecosystem should take care of the challenges that are emerging out of poor eWaste Management practises in India.

4. Online skilling portal with Content/ training accessible to all should be available.

5. Industry should be incentivised when they hire candidates with Sector Skill Council certifications and tag this to the PLA scheme criteria.

6. Encourage industry for NAPS adoption and enhance scheme outlay.

7. More focus on Center of Excellence tagging to the cluster based development should be the right approach.

8. Skill Gap Analysis was last done in the year 2011-12, which is outdated and investment should be done with an outlook for next 5 years.

9. Focus on future skills and training aligned to New Age skills like Smart Manufacturing, Additive Manufacturing, Industrial IoT, VR/AR, MR, AI, etc.

10. The skill assessment patterns with more emphasis on practical elements rather than the theoretical components.

Hope these elements are looked upon in the forthcoming budget and a positive impact on the spending of Public money towards the growth of the economy and the society is addressed through this budget.

 

Pre Budget Byte 2022: Paridhi Khaitan, Managing Director, ProTeen

Paridhi Khaitan

As all eyes are on Union Budget 2022 that is all set to be announced on February 1, 2022, Digital Learning spoke to a few industry experts about their expectations from the Union Budget 2022.

Paridhi Khaitan, Managing Director, ProTeen

Access to equitable education supported by robust career counselling services is the need of the hour, and the expectations from the Union Budget 2022 must support this requirement. To create an environment of ‘high-quality education for all’, we need to focus on building digitally supportive infrastructure at a grass root level in India. Reducing the GST from its current high slab of 18% on core educational services would help greatly in this regard. This will be a significant step towards dissolving the financial and geographical divide among students through digital technologies, and thereby, make academic and professional support, including counselling services, more affordable for all strata of society.

The education sector is expecting the Budget to implement guidelines that turn the NEP 2020 vision into reality. Academia should follow suit and redesign its curricula to accommodate career counselling and skill development at its core. This structure will be highly effective in addressing the skill gap that’s prevalent in the current employment landscape while also navigating students towards the right career choice to increase their employability in the 21st Century.

Furthermore, we welcome the establishment of a robust regulatory framework in the EdTech ecosystem to protect the rights of all learners and ensure ethical practices to provide quality education for all.

Singapore based Edtech company Cialfo raises $40 million

Cialfo

Singapore-based edtech Cialfo has announced that it has raised $40 million in Series B funding, led by Square Peg and SEEK Investments. The round, that also saw participation from returning investors SIG Global, Vulcan Capital, DLF Ventures, January Capital and Lim Teck Lee, brings Cialfo’s total raised so far to $55 million, including a $15 million Series A announced in February 2021.

The company currently has more than 170 employees in Singapore, India, the United States and China, and is partnered with about 1,000 universities around the world, including Imperial College London, the University of Chicago and IE University in Spain.

Cialfo was founded in 2017 by Rohan Pasari, Stanley Chia and William Hund. It is said that Pasari was prompted by his own experiences as a student. He grew up in India and his high school didn’t have a career counselor. As a result, students were left to navigate the college application process on their own.

Pasari originally wanted to go to a four-year university in the United States, but his parents could not afford the high international student fees, so he applied to schools in Singapore instead, getting a full scholarship to Nanyang Technological University (NTU). Before graduating, Pasari helped his sister and some of his friends through the college application process, which planted the idea of launching a business in his mind.

Pasari originally started an education consultancy firm with Chia, working with about 200 students at its peak.

Also Read: Edtech Innovator Square Panda India wins National Startup Award 2021

But the two wanted to use tech to scale up their operations, so they sold their education consultancy in 2017 and used the proceeds to launch Cialfo.

The company operates on a B2B model, selling subscriptions to schools. College counselors then invite students onto the platform, which parents or guardian have access to as well.

The new funding will be used to grow Cialfo’s global user base, add more features and look at potential acquisitions.

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