Education Ministry Working on Scheme for Interest-Free Loans to IIT Students

Education Ministry Working on Scheme for Interest-Free Loans to IIT Students

The Education Ministry is working on a subvention scheme to help IIT students get interest-free loans so that they can pay their fees easily. Officials in the Prakash Javadekar-led ministry said while the fee for these institutes was hiked recently, the government also wants that students and their parents do not face any hardship. “The ministry has planned a subvention scheme which will ensure that the interest part on loans is taken care of by…

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Need for Quality Education in Logistics Stressed

Need for Quality Education in Logistics Stressed

The world is witnessing a revolution wherein Logistics Technology is moving ahead of Information Technology, said Garry Jacobs, chairman and CEO of the World University Consortium. He was speaking to reporters on the sidelines of a function organised for granting World University Consortium membership to Kochi-based Global Institute of Integral Management Studies (GIIMS) on Thursday. According to Garry, the modern world is all about ‘speed,’ which makes execution of jobs faster.  That is where logistics…

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ISBM Collaborates with Pearson Education

ISBM Collaborates with Pearson Education

Indian School of Business Management and Administration (ISBM) has joined hands with British multinational publishing company Pearson Education. ISBM and Pearson will give the students access to their learning resources online. The content provided will include videos, powerpoint presentations and PDFs.  Also, it will include mock tests and questionnaires. “ISBM and Pearson together will be committed to provide educational services in all available media spanning the learning curve from birth through university and beyond,” ISBM…

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L&T Mutual Fund Launches Investor Education Initiative

L&T Mutual Fund Launches Investor Education Initiative

L&T Mutual Fund has launched an investor education initiative, in collaboration with The Learning Curve Academy. The initiative titled ‘Finance GYM’ aims to reach out to around 1,500 students across some of the top colleges in Mumbai. The initiative aims to connect with students through various mediums such as an online simulation game, interactive in—classroom activities and physical collaterals for reference. Source: Business Line

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‘Higher Education needs to be more Accessible’

‘Higher Education needs to be more Accessible’

“About 14 crore children are eligible for higher education in the country but only 3 crore have access to it.  We have a serious shortage here,” G. Viswanathan, chancellor of VIT University, said. Speaking at the silver jubilee celebrations of M.O.P. Vaishnav College for Women on Wednesday, he said that though there has been a demand to allocate six per cent of the GDP for education, only four per cent has been given so far….

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Children’s Education: Parents taking to Debt Route

Children’s Education: Parents taking to Debt Route

For many parents in India, funding their child’s education is more important than contributing to their own retirement savings. A study by HSBC found that seven out of 10 parents were willing to go into debt to fund their children’s university education. About 65% parents in the survey said that paying for their child’s education made it more difficult to keep up with other financial commitments. Parents with a child at university or college were…

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‘Top-ranked’ IIT Madras is Fifth Choice for JEE Toppers this Year

‘Top-ranked’ IIT Madras is Fifth Choice for JEE Toppers this Year

Flying in the face of a MHRD ranking of national engineering colleges that placed IIT Madras at the top, more than 60% of the top 1,000 rankers of JEE Advanced 2016 have chosen IIT Bombay, DELHI, Kanpur and Kharagpur. IIT Madras ranks at number 5 for the top rankers in the JEE Advanced with only 103 takers.  Last year too, 103 students opted for IIT Madras among the top 1,000 rankers. The MHRD under its…

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IIT-Kharagpur to set up Centre for Science of Happiness

IIT-Kharagpur to set up Centre for Science of Happiness

The IIT-Kharagpur has said it will start a ‘centre for science of happiness’, which will not only help students embrace more happiness but also seek to further research in the field. An alumnus, Satinder Singh Rekhi, is helping in setting up the centre which has been named after him. The proposed ‘Rekhi centre for science of happiness’ will develop “happy technocrats”, said a statement issued by the Indian Institute of Technology (IIT) at Kharagpur. Through…

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‘Ideas Welcome’: New Minister Javadekar Promises Education Roadmap

‘Ideas Welcome’: New Minister Javadekar Promises Education Roadmap

New Human Resource Development Minister Prakash Javadekar has promised a roadmap for education after “getting a brief” from Prime Minister Narendra Modi. The process, he said, would involve consultations with “everybody.”  That includes his high-profile predecessor Smriti Irani, who was moved out of the key ministry on Monday as part of a mega Cabinet reshuffle by PM Modi. Mr Javadekar invited ideas and suggestions, saying he would “consult everybody, my doors are open to all,”…

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67 of 100 Top-rankers Flock to IIT Bombay

67 of 100 Top-rankers Flock to IIT Bombay

The Joint Seat Allocation Authority (JoSAA) released results of the first round of allotment of seats in IITs, NITs and other centrally-funded technological institutes on Thursday. IIT-Bombay got the cream of students this year too, with 67 of the top 100 rankers choosing the Powai campus to pursue their BTech.  Last year, it was 65. IIT-Delhi retained its second position among the top choices of students, but toppers choosing the institute dropped from 30 to…

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