Some 134 private management institutes have this year sought technical education regulator AICTE’s permission to close down citing a lack of students, strengthening a trend that began last year. Government academics blamed the dwindling student interest in these private institutes on the “substandard education” they offer. B- school promoters, however, put the blame on the AICTE, saying the way it had allowed private management colleges to mushroom had led to supply...

As much as 5.3 per cent of the Union Budget for 2012-13 is Budget for Children (BfC) with an increase of 0.3 per cent since 2011-12. This must be set against the inflation rate of 6.6 per cent. The increase can be attributed to the increased allocation in the development sector by 66.2 per cent and health by 29.7 per cent. However, as always, the share of the protection sector remains...

-The Times of India Many feel the Budget is positive for the education sector, with good amounts allocated to higher education and school education exempted from service tax Pranab Mukherjee, finance minister, presented the Union Budget for the year 2012-13 on Friday, with reference to the state of the global economy and its impact on India. The Budget seems positive for the education sector, with good amounts allocated to higher education and...

As the biotech industry takes heart from the prime minister’s remark, a fresh report shows India’s regulation and expertise on GM crops are sloppy BUOYED by the prime minister’s remark that NGOs were responsible for the moratorium on the release of GM or Bt brinjal, the biotech industry is stepping up its campaign to get it lifted along with “all constraints in the research and development work of biotech crops”. It...

The Economic Survey 2011-12 showcases the dividends of economic liberalisation started by the ruling party. But admits: growth is not possible without agriculture During the last financial year there were talks of the Indian economy finally decoupling from agriculture thus monsoon. The Economic Survey of 2011-12 disagrees with that. The survey has re-emphasised that whatever economic growth happened in the last fiscal it was due to agricultural growth. India recorded the...