Showing posts with label Education News. Show all posts
Showing posts with label Education News. Show all posts
New Delhi: A Memorandum of Understanding (MoU) was signed between the Indian Institute of Crop Processing Technology (IICPT) Thanjavur (Tamil Nadu) and the University of Nebraska-Lincoln (UNL) here today.

The MoU was signed by Dr. K. Alagusundaram, Director of IICPT and Dr. Harvey Perlman, Chancellor of UNL in the presence of Mr. Ashok Sinha, Secretary, Ministry of Food Processing Industries.

The MoU intends to facilitate a collaborative programme of research, training, curriculum, institutional development, information dissemination, and exchange of faculty, students and staff.

The linkage formed through this MoU between the two institutions will further each partner institution's objectives as well as strengthen the mutual relationship between the partners.
Bhubaneswar: The eighth regional office of the Central Board of Secondary Education (CBSE) will be inaugurated by Arjun Singh, Union Minister of Human Resource Development (HRD) in Bhubaneswar on February 12.

The Bhubaneswar centre will benefit at least 120,000 students of about 650 schools in three states of Chhattisgarh, Orissa and West Bengal.

"We have decided to establish the eight regional centre of the CBSE in Orissa for the benefit of schools of three eastern states affiliated to the board," said a CBSE official.

"The centre will initially function from a rented building. The centre will be shifted to a permanent building though the site is yet to be finalized", the official added.

"With its office here, the CBSE will be able to keep a close eye on the schools in these states and thus improving the standard of education in these states," he said.

"It is a great relief for all of us," said K.C. Satpathy, principal of D.A.V. Public School here, adding they had to travel all the way to the Allahabad centre even for "small works".

As the board examinations will be conducted by the Bhubaneswar centre, the school principal said, it would help them a lot to sort out technical difficulties and errors quickly.

In addition to the inauguration of the eight centre of CBSE, the foundation stone of the Indian Institute of Technology (IIT) Bhubaneswar will also be laid down by Arjun Singh on the same day.

Earlier this programme was scheduled to be held on February 11. The foundation stone of the IIT will be laid down at the construction site situated few kilometers south of Bhubaneswar at KANSAPADA (Khudupur-Taraboi Road) near Jatni Block Office, Khordha.

This new IIT at Bhubaneswar is part of the 8 new IITs that have been established in the country by the MHRD during the XI Plan. The IIT-Bhubaneswar has already commenced its academic activities from 2008-2009 session from the campus of IIT Kharagpur.

The 7 other new IITs have been set up in Andhra Pradesh, Bihar, Rajasthan, Punjab, Gujrat, Madhya Pradesh (Indore) and Himachal Pradesh. An allocation of Rs.2,000 crores has been provided in the XI Plan and Rs.50 crores has been allocated for 2008-09 for new IITs.

Orissa is also to get a new Central University under the Central Universities Ordinance, 2009 which was promulgated by the President of India on January 15, 2009.

The Central Government has laid great emphasis on the advancement of Higher Education during the XI Plan for which the outlays have been increased by 10 times when compared to the X Plan outlays.

This higher allocation is being used for the creation of 30 Central Universities including 14 new National (World Class) universities; 8 new IITs; 7 new IIMs; 5 new Indian Institutes of Science Education and Research (IISERs); 20 new Indian Institutes of Information Technology (IIITs); 2 new Schools of Planning & Architecture; 10 new NITs, Central assistance for establishing 1000 new polytechnics, including through PPP mode, strengthening of 500 existing polytechnics, etc.
New Delhi: The Indira Gandhi National Open University (IGNOU) in association with Accenture, a management consulting technology services outsourcing company, has launched a six month diploma course in Business Process Outsourcing (BPO) in Finance and Accountancy Outsourcing (FAO).

V. N. Rajasekharan Pillai, Vice-Chancellor of IGNOU said, "This programme has been launched to cater the needs of undergraduate and graduate students from tier 1 to tier 4 cities across the country and will be available to million-odd students."

"Course content has been designed with the help of the expertise of Accenture. In the first phase, course content will be delivered to train teachers at 43 programme centres across the country," added Pillai.

The programme will focus on building FAO skills in the students with 10+2 or bachelor's degree and above qualifications. Students need to have minimum 50 percent marks with English as a compulsory subject in their respective programmes.

Interested candidates will have to qualify a written test in English and Quantitative Ability conducted between February 7 and February 15 across the 18 centres.

Application forms for the same can be obtained from IGNOU study centres or downloaded from www.ignou.ac.in.
ISRO may allow school students to use its laboratories soon
Chennai: The Indian Space Research Organisation (ISRO) may soon allow school students to use its laboratories to carry out project work.

This was informed by Mayilsamy Annadurai, Project Director of Chandrayaan-I.

Annadurai said, "The growing interest among school children on space research after the success of Chandrayaan-I will give an impetus to space research in future."

"Now, around 200 graduate and postgraduate students are allowed to use ISRO lab to carry out their project work," added Annadurai.

Interacting with students Dr. Annadurai answered queries raised by students.

"As the success of Indian space research has come at a time of the slump in the IT industry, many bright young minds in the country will start to think of a career in space research," he added.

Dr. Annadurai also said that the country could achieve the long term goals of space research in a short span of time if more school students came forward to contribute to research in the field.

He mentioned the importance of tapping the potential of the moon in meeting the energy needs of the country.
FMS to provide online admission forms for 2009 session
New Delhi: The Faculty of Management Studies (FMS), Delhi University (DU) is planning to make its entire admission process online from the 2009 academic session. FMS will allow aspirants to apply and pay fees online for the entrance exam to be held in January 2009.

This is the first time when students will be able to not only apply but also pay fees online at the institute.

FMS will also implement the OBC quota for the first time along with the online admission procedure from the forthcoming academic session.

OBC candidates will get a relaxation of 5 percent in the eligibility criteria apart from a maximum relaxation of 10 percent in the final cut-off.

According to FMS Dean J.K. Mitra, "There will be a relaxation of five percent in the eligibility criteria for the candidates applying for all earmarked seats. Schedule Castes (SC), Schedule Tribes (ST), and physically challenged candidates and children of war widows already have this relaxation. We have added OBCs to this list as we didn't want to create a separate category."
ISB to set up campus in Mohali
Chandigarh: The Indian School of Business, (ISB), one of the top 20 business schools in the world, will set up a new campus at Mohali in Punjab.

A tripartite agreement to this effect was signed in Chandigarh on Wednesday by the Hyderabad-based ISB, Punjab government and four corporate giants -- Max India, Bharti, Hero and Punj Llyod.

ISB Mohali will be the second campus of this premier management institute in the country. The institute has its campus in Hyderabad.

ISB, with the support of existing associate schools, Wharton School and Kellogg School of Management, will set-up and run the Mohali campus, just like its Hyderabad campus, as a world class academic institution for providing post graduate programmes in management and short duration executive education programmes.

"The ISB (Mohali) will be established under a unique model of public-private partnership," an official spokesman told reporters after the signing of the pact.

The Punjab Government has allotted 70 acres for the ISB campus on a 99-year lease at Re.1 per acre annually, as part of its vision to establish a world class premier management institute at Knowledge City, the spokesperson said.

The agreement was signed by Anjali Bhawra, secretary higher education on the behalf of the Punjab Government and Rajat Gupta, chairman of board of governors on the behalf of the ISB.

The first academic session at the ISB campus in Mohali is expected to commence in 2012.

The ISB campus at Mohali proposes to have 280 seats in its post graduate programme. It will also have several short duration executive education programmes where approximately 750 professionals will be able to participate.

The campus will also have four specialist institutes for promoting research and offering additional specialisations.

The institutes will be called Max India Institute of Healthcare Management, Bharti Institute of Public Policy, BML Munjal Institute of Manufacturing and Operation Excellence, and Punj Lloyd Institute of Physical Infrastructure Management.

The founder supporters of the ISB campus at Mohali will contribute Rs.500 million each.

"It has been an exciting and eventful journey for ISB from its inception in 2001 to becoming a top ranked global business school in seven years. The Mohali campus is another significant milestone for us," Rajat Gupta, chairman, ISB said in Hyderabad.

"The ISB owes its remarkable success to the high level of commitment of its executive board, the resident and visiting faculty, its administrators, and its alumni," said M. Rammohan Rao, Dean, ISB.
10 million take pain killers in US every week
Washington: Over 10 million Americans are taking pain killers and more than four million are taking them regularly in a given week, according to Boston University study.

Opioids are administered for treatment of moderate to severe pain and are among the most widely prescribed drugs. But its use has also raised concerns about potential abuse.

Despite these concerns, characteristics of opioid use within the non-institutionalized US population are not well known, particularly for recent years.

The researchers conducted a phone survey of randomly selected US households; there were 19,150 subjects aged 18 years or older interviewed from February 1998 through September 2006.

Information was gathered on all prescription and non-prescription medications taken during the preceding seven days. For each recorded medication, information was obtained on reason for use, type of administration, number of days taken in the week before the interview, and total duration of the current use.

The researchers found opioids were used 'regularly' by two percent of those surveyed. An additional 2.9 percent used opioids less frequently. Regular opioid use increased with age, decreased with education level, and was more common in females and in non-Hispanic whites.

The prevalence of regular opioid use increased over time. Among regular users, almost half had been taking opioids for two or more years and nearly one-fifth had been taking opioids for five years or longer.

There was also a much higher prevalence of other medication use among regular opioid users compared to nonusers.

According to the researchers, given the large number of individuals affected, the recent increase in public health concern for safe and effective pain management is appropriate.

These findings will appear in the Aug 31 issue of the journal Pain.
New Delhi: The Education sector must be provided with appropriate tax exemptions that would help it attract more investment, said an industry lobby report released on Sunday.

In its recommendations for reforms in higher education, the Federation of Indian Chambers of Commerce and Industry (FICCI) has said India's education sector requires huge investment. According to the chamber, the 11th plan allocation for higher and technical education, which is Rs.849.43 billion ($19.75 billion), is not sufficient to meet the needs of the country.

"The Government has allocated Rs.306.82 billion for establishing 16 central universities, 370 colleges, eight Indian Institutes of Technology (IITs), seven Indian Institutes of Management (IIMs), 10 National Institutes of Technology (NITs), 20 Indian Institutes of Information Technology (IIITs), five Indian Institutes Of Science Education and Research (IISERs), and 50 centres for training and research in frontier areas," the report said.

"However, according to estimates by the Planning Commission, this fund is not enough and the required resource gap will remain Rs.2.22 trillion," FICCI said.

"As per the Planning Commission, the country needs an additional 200 universities. It is thus clear that, public resources would not be sufficient to meet the ever-growing demand for quality in higher education, and increasing private sector investment and participation will be required to meet such demands," it added.

In order to attract private investment and public-private partnership opportunities, the Government has already asked the FICCI to identify private partners for developing 20 IITs during the 11th plan period.

According to the FICCI, the Government's decision to accord deemed university status to foreign universities in India and de-link the quality assurance mechanism from the regulatory authority was in sync with the chamber's recommendations to the Government on giving a face-lift to the higher education system.



Mumbai: Leading management Guru Prof. C. K. Prahlad, visited the Narsee Monjee Institute of Management Studies (NMIMS) recently to lay out his vision for India@75.

The event was organized by NMIMS in partnership with the Confederation of Indian Industry (CII) and Yi.

Prof. Prahlad, while addressing faculty members and students of NMIMS and other distinguished academicians, corporate executives and members of CII and Yi, emphasized on acquiring Economic Strength, Technological Vitality and Moral Leadership of the country.

He said that, "India has a potential to lead the world in 2022 with its predicted largest pool of manpower consisting of 200 million college graduates and 500 million trained and skilled workforce. It could be home for at least 30 of the Fortune 100 companies of the world and generate over 10% of the world trade, by nurturing a vibrant renaissance of world-class contemporary art, science, research and education could have at least 10 Nobel Prize Winners. This is possible in next fifteen years provided leaders focus on this goal as a priority."

He emphasized that this position is possible only when India works on all three fronts- economic growth, technology development & moral leadership.

He said that, "As a country, India must have high and shared aspirations like it had in 1929 when the leaders of the then Congress party declared their ambition as Poorna Swaraj. Since then, India has never had a national aspiration which every Indian could share."

Prof. Prahlad, while speaking about his vision, also shared the key drivers of the developmental context for India to achieve the above goal in next 15 years.

"They relate not to abject poverty but income inequality, changing life styles, urbanization and emergence of universal aspirations, a dramatic change in price-performance relationships, economic development and ecological crisis and finally the role of governance and the rule of law."

Elaborating these key areas, he said that India has reduced abject poverty dramatically during last decade. However, a more difficult problem will emerge in its place.

"An important consequence of rapid economic development and globalization of the economy are the lags and asymmetries in the benefit results. Some sections of society will benefit and some will lag behind. These asymmetries will create multiple new divides in society - divides between educated and the uneducated, the urban and rural populations, between regions of the country as well as between ethnic groups. As a consequence, income inequality will emerge as a source of social tensions", he added.

"When people come to the cities, their aspirations change dramatically. They look at the rich as a benchmark. Their income may not change as a rapidly as their aspirations change. Therefore, it is the lag between increasing aspirations and incomes that can fulfill those aspirations can lead to a significant increase in social unrest", Prof. Prahlad highlighted.

"With the changing life styles of poor class and emergence as consumers has altered the Price-Performance envelop dramatically. This increasing capacity to create life style equality can provide antidote to increasing income inequality. This trend is likely to be further supported by the changing nature of high technology markets around the world."

"The rate of the cost/unit of functionality is changing in high technology implies that the poor can afford products and services incorporating the latest technology. The consequence of this rise in affordability is going to create explosive growth in consumption. This huge market opportunity will also have significant implications to the environment and the demands it will put on it."

"The current development models for energy, water, packaging, waste per capita are inappropriate and we have to develop fundamentally new ideas. We have to find better use of resources and support new innovations in this area for uninterrupted inclusive growth with ecological sensitivity."

Talking about Focus on Governance, Prof. Prahlad explained the relationship between country's human development index and the quality of governance, he said that a nation does not get rich first and then become less corrupt.

"A nation becomes less corrupt before it gets rich. The explicit, quantifiable price we are paying for corruption and the neglect of human resources in the country is staggering and should be the focus of national debate."

Prof. C K Prahlad picked eight faculty members from NMIMS as his vision ambassadors, who will create a multiplier effect oh his vision, create excitement and a movement amongst people in the state.

The theme proposed especially for the youth is Play For the event, here they will be motivated to play matches against corruption, creating a greener city etc. The vision ambassadors will play an "aspirational role" and facilitate India's transformation to a global leader by 2022.

While speaking to faculty members, he spoke about emerging issues in India and the need for research.
Mumbai: Extenuating its spirited campaign 'Dare To Think Beyond the IIMs', the Indian Institute of Planning & Management (IIPM) surpassed the performance of all the Indian Institutes of Management (IIMs) to be rated as the No.1 Business School in India for the extensive 'Global Exposure' it provides to its students, followed by IIM Ahmedabad and IIM Bangalore at rank 2 and rank 3 respectively.

The ranking was conducted by 'Zee Business Best B-School Survey', a first of its kind on Indian television in association with leading international research firm, Synovate.

IIPM also achieved Rank 7 (ahead of 2 IIMs) as the Best B-School overall, Rank 8 for Best Industry Interface, Rank 9 for Best Placements (ahead of 1 of the IIMs) and Rank 9 for Best Course Content.

"IIPM's rank as the No.1 in the B-School with best global exposure category only justifies its unique and biggest such initiative it undertakes for its students not just in India but anywhere in the world! As part of its Global Outreach Program (GOP), professors from top Ivy League universities like Harvard, Yale, Wharton, Stanford, London School of Economics, Oxford etc. visit IIPM to conduct joint workshops with IIPM faculty for Indian corporate fraternity and teach IIPM students. World renowned gurus like Philip Kotler, Zig Zigler, Stephen Covey have also taken exclusive sessions with IIPM students in India", an official at the institute told NNE.

Under the aegis of IIPM's Global Opportunities & Threat Analysis (GOTA) program, all of IIPM's more than 3000 students visit Europe or America or other developed nations for 2-3 weeks to get first hand international exposure of how the best in the world work.

IIPM students have visited hundreds of world organizations like the World Bank, ILO, United Nations, WTO, big corporations like Nestle, Honda, IBM, BMW, FIAT, Citigroup, and universities like IMD and many more in the recent past.

Under its Global Students Exchange Program (GSEP), students from top international universities also visit IIPM to undertake a specialization semester.

In 2007-08, twelve international institutions from France, Italy, Russia, Denmark, Austria and Germany sent their students to study a module/ trimester at IIPM.

IIPM's international placements this year have been only second to IIMs.

While IIMs placed 249 of its students abroad this year, IIPM placed 165 followed by ISB with 111.

The next best international placement figure by any other B-School did not touch even 35.

"While IIPM believes that it is by far the best B-School in the country that is constantly setting new benchmarks in management education, the time is not far when IIPM will surpass all the IIMs in all the rankings", the official added.
Patna: Classes began at the new Indian Institute of Technology (IIT) here on Thursday, a day after the orientation programme.

The institute will operate this year out of a temporary campus - a polytechnic here.

"Classes of the first batch of IIT Patna have finally begun. The new institute will be supported by IIT Guwahati in all respects till it gets its own staff and full fledged director," said Gautam Barua, director of IIT Guwahati, which is the mentor institution of IIT Patna.

The formal inauguration of IIT Patna was deferred two days ago reportedly due to the illness of Human Resource Development Minister Arjun Singh.

India currently has seven IITs. Of the eight new IITs that are to come up, six will begin functioning during the current academic session. Besides Bihar, IITs are to be set up in Andhra Pradesh, Rajasthan, Orissa, Gujarat, Punjab, Himachal Pradesh and Madhya Pradesh.

IIT Patna dean Samrendra Dandpat told sources on Thursday that as promised, the formal functioning of IIT Patna started on time.

All the 109 students from different parts of the country, studying in the mechanical, electrical and computer engineering streams were attending classes after Wednesday's orientation programme.

Barua told students during the orientation programme that IIT Guwahati may be low in the ranking of IITs but was more experienced in setting up new institutions.

"I am confident that gradually we will be able to bring it at par with others. This institution has to become independent. By September, we will have staff belonging to IIT Patna and a regular director will also be appointed in the next two months. Till such time IIT Guwahati will continue to support it in all possible ways," said Barua.

Earlier this year the state's science and technology department had identified the polytechnic in Patna for setting up the IIT campus. The polytechnic has two hostels and a new building, which can accommodate around 200 students.

The Bihar government has identified a site for the campus close to the state capital here.
New Delhi: Recognising the excellence of the Indian Institute of Technology, Delhi (IIT-D) combat aircraft manufacturing giant Lockheed Martin has chosen it for a $300,000 project of collaborative research in bio and nano-technology.

"We have already signed an agreement with the IIT Delhi. We are investing $300,000 for a collaborative project over a period of one year," Ray O. Johnson, senior vice president and chief technology officer of Lockheed Martin, said here on Wednesday.

"This is the first such collaboration with any institute beyond the US and Europe. The IIT is an institute of recognised excellence across the globe in this field of bio- and nano-technology and after the successful completion of the project, we may have some follow up projects," Johnson told sources.

He said Lockheed had been engaged in discussions with the IIT Delhi for nearly a year to "identify mutual areas of interest in technology collaboration and research".

With the broad spectrum of bio- and nano-technology, research will be carried out in the fields like nano-technology-enabled biological sensors, biodegradable nonmaterial for medical treatment and bio-filters for pollution detection.

"The partnership is an exciting prospect for advancing technology and establishing a long-term relationship with Lockheed Martin. We are surprised but happy about the collaboration," IIT Delhi director Surendra Prasad said in a select press meet.

When asked about the choice of of the IIT Delhi for the collaboration, Prasad said: "we are doing quite well in the field and they know the IIT Delhi is the best in India."

Eight professors from four departments of the institute and up to five experts from Lockheed will work together here to achieve success in the project and work out future collaboration.

Asked who will have the patent for the new products, molecules, Prasad said: "The intellectual property rights issues are yet to be finalised but no one can stop the IIT Delhi from publishing the research results."

Johnson said the objectives of the research partnership include "developing domain expertise in the nano-biological technologies for application to Lockheed Martin products, services, and adjacent market pursuits".

"It will also strive to achieve capabilities in modelling and simulation, virtual experimentation and conceptual designing of nano-biological systems," he added.
New Delhi: Visiting Japanese Foreign Minister, Masahiko Koumura today offered assistance in setting up a new Indian Institute of Technology (IIT) in Hyderabad.

Koumura offered help in setting up the elite institute during a meeting with External Affairs Minister Pranab Mukherjee here today.

Press Secretary of Japan's Foreign Ministry Kazuo Kodama said, "We are willing to support the Indian Institute of Technology (IIT) in Hyderabad by providing the best of technologies."

Kodama added that both the ministers emphasised the need to have more Youth Exchange Programmes in order to strengthen the educational ties between the two countries.

As many as eight new IITs are being set up in the country during the current academic session to impart high quality technical education.

The new IITs are coming up in Bihar, Andhra Pradesh, Rajasthan, Orissa, Gujarat, Punjab, Himachal Pradesh and Madhya Pradesh.
New Delhi/Ahmedabad/Kanpur: India on Saturday opened two new Indian Institutes of Technology (IITs) as part of plans to add eight such institutes, though both will have to wait for a permanent campus.

While the IIT Rajasthan will initially function from the IIT Kanpur campus, the IIT Gandhinagar will function from the Government Engineering College in Chandkheda, near Ahmedabad.

Since land is yet to allotted for the new institute in Rajasthan, the Human Resource Development (HRD) Ministry has asked IIT Kanpur to serve as its mentor institute for the time being.

Addressing the first batch of IIT Rajasthan students in Kanpur, Minister of State for Higher Education D. Purandeswari said: "The IITs have enjoyed the three basic freedoms of an educational institution - freedom to choose whom to teach, who will teach, and what to teach. The IITs also enjoy full cost budgetary support. The IITs remain successful so long as these amenities continue."

The minister also mentioned that in the past few years, the IITs have been ranked as the top educational institutions in India and Asia by national and international magazines. "This is indeed a matter of great pride."

Lamenting the shortage of quality teachers, she invited the academic community to come forward to give suggestions, proposals for solving the problem of "increasing quantity with quality in higher education".

Minister of State for Home Sri Prakash Jaiswal said: "There is an urgent need to set up an apex institution for imparting vital and important education to strengthen security of the country."

He called upon IIT Kanpur director Sanjay Dhande come up with plans for offering degree courses on security management.

Dhande, who will also serve as director of IIT Rajasthan, and Higher Education Secretary R.P. Agarwal were among those present on the occasion.

India currently has seven IITs. Besides IIT Rajasthan, five more will open during the current academic session.

For the IIT Gandhinagar, the first day of the academic year began with a welcome address by IIT Bombay director Ashok Misra for the first batch of students.

The IIT Bombay will act as mentor for the new institute.

Representatives of some of the leading industrial houses and senior Gujarat government officials including Education Secretary Anita Karwal, Revenue Secretary P. Panneervel and Director (Technical Education) Manish Bhardwaj were present on the launch function.

The new institute is short of faculty and the recruitment process is on. Until this process is over, seven professors and five research assistants from IIT Bombay have been requisitioned for it.

U.A. Yagnik, who teaches physics at IIT Bombay, has been appointed dean of student affairs and academic programme at the new institute.

The first batch has 103 students from different parts of the country, studying in the mechanical, electrical and chemical engineering streams.

In the next academic year B.Tech. courses in civil and computer sciences would be included.

The Gujarat government has spent Rs.7 million for upgrading the infrastructure of the engineering college to make it compatible to the IIT standards.

The central government's site selection committee headed by HRD Ministry's Additional Secretary Ashok Thakur is expected to inspect the new site for the proposed permanent campus on August 7.

As many as eight new IITs are being set up in the country during the current academic session to impart high quality technical education.

The new IITs are coming up in Bihar, Andhra Pradesh, Rajasthan, Orissa, Gujarat, Punjab, Himachal Pradesh and Madhya Pradesh.
New Delhi: As plans to set up eight more Indian Institutes of Technology (IITs) take off, the IIT Rajasthan was inaugurated on Saturday by Minister of State for Higher Education D. Purandeswari.

The new institute will initially function from the IIT Kanpur campus, a Human Resource Development (HRD) Ministry statement issued here said.

Since land is yet to allotted for the new institute, the ministry has asked IIT Kanpur to serve as its mentor institute for the time being.

Addressing the first batch of students, Purandeswari said: "The IITs have enjoyed the three basic freedoms of an educational institution - freedom to choose whom to teach, who will teach, and what to teach. The IITs also enjoy full cost budgetary support. The IITs remain successful so long as these amenities continue."

The minister also mentioned that in the past few years, the IITs have been ranked as the top educational institutions in India and Asia by national and international magazines. "This is indeed a matter of great pride."

Lamenting the shortage of quality teachers, she invited the academic community to come forward to give suggestions, proposals for solving the problem of "increasing quantity with quality in higher education".

S.G. Dhande, director of IIT Kanpur and IIT Rajasthan, and Higher Education Secretary R.P. Agarwal were among those present on the occasion.

India currently has seven IITs. Besides IIT Rajasthan, five more will open during the current academic session.
Patna: It's official now. Bihar's dream of setting up an Indian Institute of Technology (IIT) is set to become a reality on Aug 6. Classes will begin from the next day.

Human Resource Minister Arjun Singh is scheduled to inaugurate IIT Patna here on Aug 6. The institute will operate out of a temporary campus this year.

"The formal functioning of IIT Patna is all set to start with classes on Aug 7," said dean of IIT Patna Samrendra Dandpat.

IIT Patna is one of the six new IITs being set up in the country.

Dandpat told sources here on Saturday that all the 109 selected students would attend classes from next week. "We will register the selected students on Aug 6 and classes will begin from next day," he said.

Dandpat said that preparation for setting up laboratories, hostels and classrooms were in the final stage. " IIT Patna will function from the polytechnic premises here now," he added.

Earlier this year the state science and technology department had identified the polytechnic in Patna for setting up the IIT campus. The polytechnic has two hostels and a new building, which can accommodate around 200 students.

Bihar chief minister Nitish Kumar, who had shown keen interest in setting up IIT Patna, visited the temporary premises of the institute on Friday. Kumar said that IIT Patna will function from here for the next two to three years until its own building comes up.

The Bihar government has identified the a site for the campus close to the state capital here.
Kolkata: The Indian Institute of Management Calcutta (IIM-C) and audit firm PricewaterhouseCoopers (PwC) have tied up to train professionals in International Financial Reporting Standards (IFRS), according to a top IIM-C official.

The two organisations inked a memorandum of understanding (MoU) on Tuesday to provide this training to address the existing demand-supply gap in the country for IFRS-trained professionals.

"IIM-C will now run a specially designed executive programme on IFRS jointly with PwC in order to update working finance and accounts executives with IFRS, so that they can also be employed by global players," Saibal Chattopadhyay, dean, IIM-C said at a programme in the campus here on Tuesday.

The training would be divided into two parts - basic and advanced module.

The course module has been jointly developed by IIM-C and PwC and will be taught jointly by "our own faculty and by finance experts from PwC", Chattopadhyay said.

"Going further, training will be extended to professionals across the country through the distance learning delivery of training, which will be satellite based. The attendees would receive a participation certificate on successful completion of the programme," said Ashok Banerjee of IIM-C.

At present, training will be imparted only at the campus.

The training is scheduled to be rolled out from November.

Convergence with IFRS has gained momentum in recent years all over the world. More than 100 countries currently require or permit the use of or have a policy of convergence with IFRS.

The Institute of Chartered Accountants of India (ICAI) has announced that IFRSs should be adopted for all public interest entities like listed entities, banks and insurance entities and large-sized entities from the accounting periods beginning on or after April 1, 2011.

Last week, IIM-C joined hands with ICICI Prudential Life Insurance to start a new course focussing on the insurance sector.
IIM Ahmedabad to launch carbon finance course

IIML is already offering a management development programme (MDP) on corporate environmental management and carbon markets.

IIML had launched this course last year, aiming to sensitise professionals to various environmental issues and equip them with effective environmental management, officials said.

"The course, whose duration is three days, is meant for working executives only," said Sushil Kumar, coordinator of the programme at IIML.

"Our course covers environmental policy and law, environmental impact assessment, carbon markets and emission trading and several other issues," he added.

Going into more detail, the IIMA's forthcoming course on carbon finance has been divided into 14 sessions and will introduce the evolution of the global carbon market, the current state of international negotiations on climate change and developments following the Kyoto Protocol.

The three formal carbon finance instruments in Kyoto Protocol - the Joint implementation (JI Article 4), Clean Development Mechanism (CDM - Article 12) and Emissions Trading (ET - Article 17) - will be introduced.

Other carbon finance instruments and initiatives, such as those being implemented by the World Bank, will also be discussed.

"The course has a global focus with significant India centric economics and finance and practical case studies. Besides the financial instruments for carbon mitigation, the course also includes discussions on financial services to deal with the adverse impacts of climate change, such as climate change insurance and emergent adaptation funds," said Shukla.

Besides the financial instruments for carbon mitigation, the course also includes discussions on financial services to deal with the adverse impact of climate change, such as climate change insurance and emergent adaptation funds.

With many European countries eyeing the Chinese and the Indian carbon markets, the IIM-A expects a good turnout of foreign students for the course registration, which started in August.

"The term 'Carbon Finance' is used, in practice as well as in the course title, as a surrogate for 'Climate Change Finance' to cover wide ranging financial responses to mitigate and adapt to climate change," Shukla said.

Responding to climate change is a global venture, governed by international legal, regulatory and institutional framework, presently agreed under the United Nations Framework Convention on Climate Change (UNFCCC). The market can be used for efficient economic response to climate change and like all environmental markets; the global 'Carbon Market' is a creation of regulations.

The dynamics of the global carbon market results from institutions, policies, instruments and the specific measures agreed periodically by the nations that are a party to the UNFCCC.
Mumbai: The One Laptop Per Child (OLPC) project, launched by Massachusetts Institute of Technology (MIT) professor Nicholas Negroponte, will now introduce laptops with various keyboards in local Indian languages.

Speaking at a video conference on Monday, which was held simultaneously at 14 locations across India, OLPC & Co head David Cavallo said: "We have teams researching on introducing these laptops in regional languages like Urdu, Hindi and Bengali so that we can digitalise education, using these low cost laptops for children in developing countries."

The OLPC project aims to make available laptops at about $100 a piece, but the actual price still hovers around $188.

According to OPLC, at present a few laptops were given to students in Khairat village of Raigadh district, Maharashtra, under the project.

"The laptops have been localised and have come with Devanagari script," said Sandeep Surve, a teacher in one of the schools in the area.

"Initially these kids felt that education was not really important but now with laptop they feel like we have moved ahead, and they want to compete and work with their urban counterparts," he added.

Surve, who teaches children from Classes one to four, feels introducing such innovations has improved learning in school. "It's not only in school where they use the laptop but also at home and even get their parents hooked on it," he added.

Cavallo highlighted that in several African countries, the student attendance had increased to hundred percent after the project was launched.

The OLPC foundation in India along with other non-governmental organisation has already started talks with several state governments on starting this project.
New Delhi: This August National Geographic Channel viewers are in for a refreshing new treat with the channel's new content, new look and new website.

"Viewers are guaranteed to get glued to their television screens with the fresh style and feel of the channel, while the new website would be a pool of interesting factoids, videos, pictures, games, information and much more thrilling content," a Nat Geo statement said.

"Expect change, expect all things new - an all new line-up of shows from action, adventure, and technology to the extreme wild," the statement said.

"Catch it all in an exciting new look - a refreshing new way to explore the world. Get more from the new Nat Geo website www.natgeotv.co.in - more interactivity, more information and more engagement," the statement added.

"We are extremely proud to launch the new avatar of our channel and website as it is a testament to our constant efforts to innovate," said Rajesh Sheshadri, senior vice president for content and communication at National Geographic Channel India, about the change.

"The revitalized look is guaranteed to make the viewer sit up and watch the channel with a whole new perspective. Our website will take the viewer to a whole new world of information, engagement and entertainment this August onwards," he added.

"The new on-air look is a perfect balance of simplicity and think again. Crisp, contemporary, clutter breaking and therefore aiding appointment viewing. The new animation on the channel is unpredictable and smart," the statement said.

"The channel has used still photography in a 3D-pan movement to give depth to its graphics and vectors for all technical or architectural images. So be prepared to view the unexplored world of Nat Geo in a much more appealing and high-tech fashion," the statement added.

"The new website has taken a big leap from being just a programme guide to a powerhouse of infotainment; an encyclopaedia of everything that makes National Geographic Channel," the statement said.

Extremely easy to navigate this exhaustive website boasts of a refreshing new look, exciting new features like a huge video section, discussion forum, games, monthly contests through the year, sections covering all key Nat Geo genres, more facts and lots more to keep viewers' curious minds entertained.

For the first time, the website will have a community and forum where viewers can post their views, take part in polls and get insightful answers across genres from Nat Geo Experts.

"What's more, there is also an exhaustive Nat Geo games section to keep users engaged and a local guide to all the happenings in your city on Nat Geo covering contests, on-ground events, and screenings," the statement said.

There is also an exciting offer up for grabs for Nat Geo fans. All they have to do is log on and register on the website before Aug 31 and they stand a chance to win Nat Geo t-shirts every day and an exclusive Nat Geo Collectors edition DVD pack every week.