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IIM-Indore announces Training on Innovation programme for MSMEs

Indian Institute of Management (IIM)-Indore has launched Innovation Management Training Programme.

The course is specifically designed for Small and Medium Enterprises of India and developed by experts from premier German and Indian Institutes.

The programme – “Managing Innovation in Small Businesses” is a 7 day programme. (5-days of practical training followed by a 4 weeks implementation break and ending with a 2-day finishing school) spread over a period of 6 weeks, said a release from IIM Indore.

Training on innovation management in MSME’s workshop aims to enhance the innovation management capacity of SMEs and is also designed to equip the participants with hands-on tools to start or manage product, process or business model innovation in their enterprises.

During the programme, students will gone through exercise based sessions and practical case studies. The students will also get an opportunity to work on individual innovation ideas/projects – supported by experts and facilitators from Germany and India.

Programme’s first phase of will be held from April 24-28 while the second phase will be held from May 30-31 at IIM-Indore.

AICTE to revise curriculum to make students industry ready

Students from Capital Region BOCES (Board of Cooperative Educational Services), Questar III, Washington-Saratoga-Warren-Hamilton-Essex BOCES and beyond were at Stratton Air National Guard Base, New York, on March 18 to compete in the regional SkillsUSA competition. The students tested their skills in carpentry, vehicle maintenance, heavy equipment operation, welding, nursing and more. They first took a written test on their general knowledge of their specialized subject, and then went on to the hands-on portion of the competition. (U.S. Air National Guard photo by Master Sgt. William Gizara/Released)

All India Council for Technical Education (AICTE) is taking steps to revise the curriculum to meet the industry needs and to make the students more employable.

Revealing the reason for the initiative, AICTE chairman Anil D Sahasrabudhe said, considering the fact that nearly 60% of those passing out of technical education institutions are not industry-ready, the step is being taken by the Council.

AICTE recently sponsored a workshop on “teacher training workshop on +E learning: challenges and opportunities”, at the Sri Krishna College of Engineering and Technology (SKCET). At the occasion he said the council has taken various initiatives to transform education at all levels.

A very important initiative was to revise the curriculum at regular intervals to make it a model one. Before taking up jobs, it would be mandatory for students to pursue industry-internship for about two to three months, even during summer vacation, so that they imbibe skills, he said.

During the workshop, AICTE Chairman said that “swayam — free online education” is designed to achieve the three cardinal principles of educational policy — access, equity and quality. The objective was to take the best teaching learning resources to all and to bridge the digital divide for students who hitherto remained untouched by the digital revolution and had not been able to join the mainstream of the knowledge economy, he said.

About 40 faculty members from various engineering colleges in Tamil Nadu and Karnataka are participating in the training programme, which would pave way to enhance e-learning in India, SKCET chairperson, S. Malarvizhi, said.

Ronnie Screwvala sets up Rs 100 crore online education fund

In order to enhance the skills of professionals through online courses, Ronnie Screwvala, media and entertainment industry doyen, is planning to set up a fund of Rs 100 crore.

“The inspiration for the scholarship fund was really our experience over the last two years with Upgrad (his online education startup) and understanding that the need to push the credibility of online learning as a viable option is still not there,” said Screwvala. Such a fund will help in bringing credibility to online education in the country, He added.

The former CEO and founder of UTV Group said that he has already pledged Rs 10 crore as initial corpus and plans to raise Rs100 crore in the next 12 months.

 Through the scheme, scholarships ranging from Rs 25,000 to Rs 2 lakh will be given to working professionals looking to take up an online course of their choice. The online courses will not be restricted to Upgrad, professionals will be free to choose a course from any platform.

“The key criterion for selection outside of a normal aptitude test is that firstly, they should be working professionals… secondly for me personally, having seen what we have built, and me being an entrepreneur for the last 20 years, is attitude. So, when we are scrutinising people for the scholarship (it) is really going to boil down to attitude. If the attitude is right, your learning would be right,” he said.

 “Online education is a must for India. Statistics are that about 120-130 million people in India should be doing higher education today but only 25 million are doing it… It’s not that they can’t afford it… It’s about I have to start working. So, online is a must to-do thing and the only thing is it should be credible,” Screwvala said.

The fund would be raised mainly from high net worth individuals and companies, said Screwvala who has made investments in 14 firms— mostly start-ups including Zivame and Lenskart— through his venture capital firm Unilazer Ventures.

NCERT set to review its school textbooks

The National Council of Educational Research and Training (NCERT) is set to undertake a comprehensive review of all its school textbooks.

The exercise will be conducted by the Council’s Department of Curriculum Studies, headed by Prof Ranjana Arora, according to the sources.

The Council’s school textbooks underwent a major makeover after the National Curriculum Framework (NCF) was framed in 2005 by setting up 21 expert committees. However, this was put on the backburner once the NDA came to power. “Over the last 10 years, the textbooks have been tweaked, but the changes were primarily based on complaints and feedback. A comprehensive review and update has been overdue for almost two years,” said a source, on the condition of anonymity.

It will take almost a year to complete the exercise. “The country’s economic conditions have changed over a decade. The passage of GST, for instance, is a landmark shift in the country’s economic policy. The textbooks have to be updated to reflect the changes that have taken place,” the source added.

The last major change made by NCERT in books was in 2012 when six ‘offensive’ cartoons were dropped from four books of political science for Classes IX, X, XI and XII following protests in Parliament.

MHRD may implement “common Hindi teaching scheme” for varsities

Ministry of Human Resource Development (MHRD) may soon formulate a “common Hindi teaching scheme” for universities and higher education institutions across the country.

“The HRD Ministry should work out an action plan for implementing Hindi teaching scheme in all universities/higher educational institutes and initiate the process of implementing a common law and table it before both the Houses of Parliament,” a presidential order in this regard said.

The new teaching scheme will be implemented as per the recommendations of a parliamentary panel in this regard after getting the President of India’s nod.

 Universities without Hindi department may be asked to establish one and all educational institutions may also be asked to fix a minimum level of Hindi education. However, students studying in varsities and institutions in non-Hindi states will have the option of appearing in exams or interviews in their mother language. The MHRD has also been asked to list out the universities and higher educational institutes without Hindi departments.

“To give autonomy in the field of higher studies some laws have been framed by the Central government and state governments under which in some universities and higher educational institutions, English is the only medium of instruction,” the presidential order said.

A uniform policy should be followed in all parts of the country in this regard, it added.

“It should encourage them to establish Hindi Departments so that they can extend help in imparting education through Hindi medium,” the order said, adding, minimum level of Hindi education must also be fixed in all educational institutions.

India’s first financial journalism programme co-launched by Bloomberg and ACJ

India’s first co-branded financial journalism postgraduate programme has jointly been launched by Bloomberg News and the Asian College of Journalism (ACJ).

Together, we are bringing the future of financial journalism to India, helping students thrive in today’s fast-moving news environment,” John Micklethwait, Editor-in-Chief of Bloomberg, said.

The course will equip students with the skills needed in a contemporary global newsroom. It will cover writing, editing, digital and multimedia reporting, ethics, investigative reporting, fundamentals of finance and government reporting.

Some of the country’s renowned financial journalists and business leaders will lead the course.

“We’re extremely proud to be partnering with Bloomberg News to develop what we feel is now the very best financial journalism program in India and this part of the world,” said Sashi Kumar, Chairman of ACJ.

“We are offering students knowledge and access to some of the most experienced leaders in journalism and finance. In today’s competitive news environment, this comprehensive course will help aspiring journalists get a head start in the industry,” he added.

Finding trained talent from media industry perspective as one of the biggest challenges, said Parry Ravindranathan, Managing Director- International, Bloomberg Media Group. He added, “A lot of time goes into training people. This course will provide resources with international editorial standards. This increases the quality of the talent pool. I am sure all the media companies who hire from there (ACJ) will feel the same.”

Open universities’ online exam not valid

India’s higher education regulators said that the open or distance learning degrees obtained through online examinations will not be considered valid. According to regulators, rules don’t allow such tests.

The University Grants Commission’s (UGC) distance education bureau has found several distance learning institutions and universities approved by the regulator are breaching rules by offering online examinations.

A commission’s letter to all open universities revealed that these institutions had agreed to conditions such as “no online programme leading to award of degree/certification … until a policy is framed and approved by the UGC.”

UGC doesn’t approve online examinations as it involves complexities like conducting the exam for large group with a foolproof system and a reliable network, connecting the exam centres, preparing question banks etc.

“UGC has not laid down any standard parameters,” the letters says, barring universities from conducting online examinations.

Over 95% engineers in India not fit for coding jobs

A survey, revealing acute shortage of skilled professional in IT and data science ecosystem of India, claimed that 95% of engineers in the country are not fit for software development jobs.

Aspiring Minds an employability assessment company conducted a study that revealed, only 4.77% candidates can write the correct logic for a software programme.

The study was conducted among over 36,000 engineering students form IT related branches of over 500 colleges. During the study, a machine learning-based assessment of software development skills was conducted and over two-thirds could not even write code that compiles.

The study further said that while more than 60% candidates cannot even write code that compiles, only 1.4% can write functionally correct and efficient code.

“Lack of programming skills is adversely impacting the IT and data science ecosystem in India… India needs to catch up,” said Varun Aggarwal, CTO and Co-Founder, Aspiring Minds.

Explaining the reason behind such employability gap, the study said rote learning based approaches rather than actually writing programmes on a computer for different problems is attributed to such problems. Also, the lack of good teachers for programming is another reason as most of them offered good salaries in the industry.

“69% of candidates from top 100 colleges are able to write a compilable code versus rest of the colleges where only 31% are able to write a compilable code,” the report said.

Bharathiar University inks MoU with University Of Johannesburg for academic cooperation

Coimbatore based Bharathiar University has signed a Memorandum of Understanding (MoU) with the University of Johannesburg to provide cooperation in academic activities.

With the help of the MoU, both the universities will work for the fine blend of academic learning and to get hands on experience in research for the student communities, repots NDTV.

The MoU’s scope include exchange of students and teachers for the purpose of research, teaching and engaging of special courses in their fields of specialisation, student exchange and study abroad programmes.

A press release in this regard by Bharatiar University revealed that the MoU was signed by Prof B Vanitha, Registrar-In-Charge, Bharathiar University and Prof Swart, Dean, Health Sciences, University of Johannesburg, South Africa.

The Bharathiar University was established at Coimbatore by the Government of Tamilnadu in February, 1982 under the provision of the Bharathiar University Act, 1981 (Act 1 of 1982). University of Johannesburg (UJ) is the first and only African university admitted to the highly respected consortium of 28 research-intensive universities in the world, Universitas 21 – an important endorsement of the growing international stature of UJ.

IIIT-Hyderabad sets up seed fund network

International Institute of Information Technology (IIIT)-Hyderabad has announced a seed fund network to invest in technology startups in its incubator and elsewhere.

“The venture capitalists who are senior industry leaders with extensive domain knowledge and peer networks will assist in creating a structure to support the start-ups and further enhance IIIT-H’s startup ecosystem,” an official release in this regard said.

Without unveiling the fund size, IIIT-Hyderabad said in a statement, the fund will be created with the help of a network of investors comprising of technology professionals and entrepreneurs.

Using the fund, IIIT will invest in early stage tech startups involved in technologies like machine learning, computer vision, robotics, AR/VR, natural language processing and other sub-domains of artificial intelligence among others, the statement revealed.

Various accelerator programmes conducted at the Centre for Innovation and Entrepreneurship at IIIT-Hyderabad will act as the primary source of startups. The fund will also be used for the domain specific startups and seeding initiatives that will be taken up by the centre.

The seed fund is being started in conjunction with five leading investors including Viiveck Verma, Vikrant Varshney, Ajay Jain, Anurag Garg and V V S N Raju. The investors will help structure and govern the fund, the official release said.

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