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IIM Calcutta Innovation Park launchces “Smart Fifty – 50 Solutions to Transform India”

Indian Institute of Management Calcutta Innovation Park (IIMCIP) has announced today its major international initiative “Smart Fifty – 50 Solutions to Transform India” in association with the Department of Science & Technology (DST), Government of India.

The initiative is aimed to identify, recognise and reward aspiring and early-stage entrepreneurs from various sectors who will come up with innovative solutions which can transform India from a socio-economic perspective.

Aligning with Government of India’s “Startup India” initiative and with the objective to promote socio-economic development driven by innovation and entrepreneurship. It will urge participants to present solutions that are SMART (Sustainable, Motivating, Affordable, Responsible and Transformative). The platform is also envisaged to evolve, for aspiring entrepreneurs and innovators, that facilitate success through strategic networking, seed funding, and mentoring support.

The selected entrepreneurs will get access to mentorship from the experts from IIMCIP on various aspects of business model, fund raising, and real-life lessons. On the other hand, DST will provide access to the startup ecosystem and seed fund for prototyping.

Speaking at the occasion IIMCIP Director Prof Ashok Banerjee said, “At IIMCIP, it is our objective to create a nurturing ecosystem for entrepreneurs working on innovative solutions to our socio-economic challenges. We encourage sustainable, motivating, affordable, responsible, transformative or SMART ideas and provide them necessary support so that they may create a positive impact in the country. We will provide mentorship, visibility and access to funds to the participants that will help them to take their venture to the next level.”

IIMCIP Board Chairman Dr. R.Ramaraj said, “The objective of Smart Fifty is to identify and mentor innovative startups, working on ideas that can help positively transform India. We would gladly provide mentorship, seed fund, training and networking opportunities to the promising entrepreneurs in this field. IIMCIP has created an ecosystem with all required support to translate an innovative idea to a self-sustaining and financially independent business.”

NIRF Ranking 2018: MHRD begins registration process for institutes

Creative abstract winning, business competition and leadership, award ceremony and success and achievement concept: pedestal with first, second and third place with gold, silver and bronze numbers isolated on white background with reflection effect

The Ministry of Human Resource Development (MHRD) has started the registration process of institutions for National Institutional Ranking Framework (NIRF) 2018.

The institutes may register on the official website of NIRF for NIRF Ranking 2018. MHRD has approved the practice of ranking Indian institutes in 2015. The first rankings were released in 2016 followed by the second ranking in 2017.

To get ranked under NIRF Ranking 2018, the universities and colleges need to submit their details on the registration portal. The last date to register is October 6, 2017. A pre-registration invitation link has been sent by the ministry to heads of all the institutions across the country.

The overall ranking and the degree specific ranking in 2017 has received objections especially from the students due to absence of certain prominent institutes from the list. In response to this, the ministry said that only the institutes which had submitted the details within the stipulated period of time were listed in the NIRF Ranking 2017.

According to the the overall ranking by NIRF in 2017, Indian Institute of Science (IISc), Bengaluru was ranked as the best institute in the country.

The rankings in 2017 were based on the following five criteria:

  • Teaching, Learning and Resources (TLR)
  • Research and Professional Practice (RPP)
  • Graduation Outcome (GO)
  • Outreach and Inclusivity (OI)
  • Perception

The parameters for NIRF Ranking of 2018 has yet to be declared by the MHRD.

SP Jain School of Global Management in collaboration with Rubique offers fintech education

The finance lending company Rubique and SP Jain School of Global Management have entered into a strategic partnership to enhance the level of education and training in the fintech domain.  

Under this collaboration, the two will cooperate in various areas such as content, mentoring and research, to enable the B-school students to widen their horizons and make them ready to capture the possibilities of the fintech space.

Both the organisations have jointly developed course content to help students inculcating an understanding of financial services, fintech business models and the application of technology in the financial services domain.

Commenting on the collaboration, Manav Jeet, MD and CEO, Rubique said, “Rubique has introduced many path-breaking innovations in the fintech domain, which we aim to share with the students of S P Jain Global School of Management. As we are constantly progressing on the innovation curve & working towards a paperless world in finance, our target is to urge the students to open their minds and acquaint themselves with the fresh avenues in fintech.”

“Visionary academic institutions such as S P Jain Global School of Management are nurturing grounds for thinkers of the future. It is thus, an obvious decision on our part to collaborate with the institution and facilitate its students to the best of our abilities,” he added.

Elaborating on the areas of collaboration, Vikram Pandya, Director – FinTech S P Jain Global said, “Rubique is undoubtedly India’s most technologically superior fintech organization, and its ONLINE PLUS model has set a new paradigm for loans and credit card processing with new data science methodologies.”

“We are pleased to team up with them as a strategic partner for our new fintech courses. The courses are aimed at exposing students to the latest technical innovations in the fintech domain from the most future-ready company,” Pandya said.

Moreover, Rubique may also participate in SPJ Global’s online campus placement programme seeking it as an opportunity to enrich the traditional academic learning landscape as well, with industrial insights and global innovations in the fintech domain.

Registration opens for School of Policy and Governance’s Executive Education Programme

Directors' College Rock Center Directors' College Stanford Law School June 19-21, 2011

The School of Policy and Governance has started the registrations for its first series of executive programmes to be held in Delhi on 6-7 Oct and in Chennai on 8-9 Oct.

The two-day executive education programme has been launched in partnership with the University of New South Wales (UNSW), Sydney.

During the programme stalwarts of the community, political experts, communications strategy specialists, and digital communications experts come together to share, discuss and explore ideas on building online communities for civic engagements.

The progamme is suitable for professionals and postgraduate students from political field, not-for-profit sector and digital industry, along with the CSR divisions of corporations.

Pearson partners with iNaCA to provide virtual international education in India

Pearson in partnership with International Connections Academy (iNaCA) has launched virtual international education for classes up to 12 in India.

International Connections AcademyThe aim of the partnership is to bring accredited US education online for Indian students. Pearson is a leading e-learning company and iNaCA provides a flexible world-class curriculum for students of up to class 12.

“Education is rapidly evolving in India. Our unique curriculum, experienced teachers and an immersive global classroom experience are designed to address the challenges faced by a student today and facilitate his and her progress in the best possible manner,” said Pearson India Managing Director Vikas Singh.

According to a company release, multimedia tools such as enhanced videos, social, adaptive and game-based learning provides a personalised and engaging experience help the students to learn in their own way and at their preferred pace through a that includes various, a company release said.

“International Connections Academy was created to help students around the globe to achieve their dreams by providing a personalised, flexible American education wherever they might be,” said Mickey Revenaugh, co-founder and General Manager, iNaCA.

Last chance for institutes to retain their licenses to receive foreign funding

The Union Home Ministry has given the last chance to the 4,842 institutes and organisations to retain their licences to receive foreign funding.

In a notification issued by the ministry, it is stated that to retain their registration under the Foreign Contribution Regulation Act (FCRA), the institutes have to disclose their annual income and expenditure statements to the government by October 18, after paying penalty. 

The institutes which are given final chance to continue their FCRA registration include IGNOU, Mumbai University, ICMR, Punjabi University, North Eastern Hill University, Pondicherry University, Sri Guru Tegh Bahadur Khalsa College and Indian Institute of Rural Development besides others.

It is mandatory for every organisation to be registered under FCRA to receive funds from abroad. Under the law, it is also compulsory for the organisations to submit their details regarding income and expenditure to the government annually else their registration will be cancelled.

According to the home ministry, FCRA registration of over 18,600 organisations and institutes were cancelled for not filing the returns during 2010-11 to 2014-15, despite serving repeated notices. The ministry had given the organisations a month’s time between May 15 and June 17 of this year to file their returns. As many as 13,681 of them responded to the ministry’s notices or filed their returns. However, 4,842 of these institutes and organisations did not respond despite repeated notices.

Now, for these 4,842 institutes and organisations, its the final opportunity to file the returns by October 18, the home ministry said.

Haryana government to recruit over 5,000 computer teachers

Haryana government plans to recruit over 5,000 regular computer teacher next year, said Chief Minister Manohar Lal Khattar.

Computer education will also be included in the regular state course.

He revealed that the state government has been working continuously to promote higher education as it acts as a mirror to the society and thus the progress of any society could be measured from its level of education.

“At this two-day conference, academicians, including those from abroad, have given us various ideas to increase the standard of education and higher education in the state, ” he said.

“In order to increase the education standard, we have the basic infrastructure in place and will work on the suggestions,” Khattar said. He added that the quality of research and courses within the universities should be in accordance with the industry needs.

To facilitate the same, At every 20 kilometers, one new college has been set up. On these lines a total of 21 new colleges has been opened in the state recently and 27 new places have also been identified to open more colleges in the state, the chief minister announced.

The “Haryana Kaushal Vikas Mission” has been formulated on the pattern of “Pradhan Mantri Kaushal Vikas Yojana” to provide employment opportunities to five lakh unemployed youth of the state through skill development training, Khattar added.

Singapore to set up Skill Center in Northeast: Minister

The Government of Singapore will set up a Skill Center at Guwahati, Assam which will cater to the entire North-Eastern region.  

Union Minister of State (Independent Charge) of the Ministry of Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr Jitendra Singh announced this after a meeting with a high-level delegation represented by the High Commissioner of Singapore, Lim Thuan Kuan. T

An MoU has already been formalised between Singapore and the State Government in this regard.

“A Skill Center is proposed to be set up at Guwahati by the year 2019,” the Ministry for Development of North-East Region said in an official statement, adding that the Ministry will coordinate in this initiative.

The Indian delegate led by Dr Jitendra Singh, consisted of senior officers from the Ministry of DoNER, Department of Space and Ministry of Personnel, Public Grievances & Pensions.

Now, a government panel to monitor safety in schools

The Central Government has formed an inter-ministerial committee to review and monitor the safety measures in its schools across the country.

The decision was taken during a meeting between Union Human Resource Development Minister Prakash Javadekar and Women & Child Development Minister Maneka Gandhi in wake of the brutal killing of a seven-year-old child in a Gurugram school student and rape of minor in Delhi school.

“The existing measures for school safety were reviewed and new suggestions were discussed during the meeting.  A  committee of six secretaries will be constituted to monitor the implementation and progress of the guidelines,” Maneka said.

The committee members will include secretaries from Ministry of Human Resource Development (MHRD), Women and Child Development Ministry, Tribal Affairs, Minority Affairs, Social Justice and Empowerment, and Drinking Water and Sanitation. WCD minister secretaries will prepare a roadmap and a timeline to implement the suggestions by a panel after conducting a series of meetings.

During the meeting, it was also suggested to utilise the Nirbhaya funds for various school safety measures. In order to make students aware, it was suggested to show a short film about child abuse in schools, along with setup of Protection of Children from Sexual Offences (POCSO) awareness booths and to employ women drivers.

“Setting of POCSO booths, where students can be made aware of the mechanism to file complaints, screening of ‘Komal’ — a short film on the concept of good touch, bad touch — were among the measures discussed. We also suggested that Nirbhaya fund can be utilised for the purpose,” Maneka said.

The meeting was also attended by representatives of the National Commission of Protection of Child Rights (NCPCR), CBSE, NCERT and Kendriya Vidyalaya Sangathan.

During the meeting, the measures suggested by the participants is to enhance the role of parents and teachers in safety and security aspects of school operations, to expand the scope of School Management Committee (SMCs) in private schools and to implement Gender Champions programme in schools were among the existing measures reviewed during the meeting.

UK universities witnesses rise in student applications from South India

UK Universities has witnessed a growth of nine per cent last year in number of student application from South India compared to previous years, a top British envoy said.

British Deputy High Commissioner in Chennai, Bharat Joshi said. “Last year, it went up by 9 per cent. Students have started to understand much better what the UK system is.”

Explaining further about it, he said, applications were processed from five states — Kerala, Tamil Nadu, Andhra Pradesh, Telangana and Karnataka.

Informing about the constant increase in the visit visas issued to Indians, he said, “What we have seen is that quality of students applying to United Kingdom universities has improved.”

In response to a question, Joshi revealed that 80 per cent of applications comprise “visit visas”. He also said that this the second highest number of people who travel to UK for work.

According to a press release, for the year ending March 2017, 4.14 lakh visitor visas were issued, of which 11,700 comprise student visas and 5,000 short term study visas. During the same period, 60,000 work visas were issued, it said.

Explaining the reasons for increase in number of student applications, the high commissioner said, “Students are starting to understand much better.”.

In response to a question on the impact of Britain exiting the European Union, Joshi said, ” The (UK) government is clear that once we leave the European Union, United Kingdom will become a ‘beacon’ for a fair rules based trade system.”

“We want to see more global trade and more investments and we will be looking for more partners to support that.. I think, the relationship with India is no secret.. India is one of the key destinations.. About two-thirds of all work visas globally issued are to Indians.. That is a huge statistic,” he added.

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