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7/29/2019 500 Technical Colleges May Face Closure Mint 150411
http://slidepdf.com/reader/full/500-technical-colleges-may-face-closure-mint-150411 1/1
mint
www.livemint.com FRIDAY, APRIL 15, 2011, DELHI03
Leading the News
500 technical colleges mayface closure over violations
The ministry official said theconcerned authorities have al-ready prepared a report basedon the “surprise raids” and arehearing what the erring insti-tutes have to say. “We believein fair play and hence have giv-en a chance to these collegesto give their version. At least
210 such colleges have already made their points by person tothe AICTE.”
The move has come nearly one-and-a-half-years after theUniversity Grants Commission,
® FROM PAGE 1 the key university education reg-ulator, “blacklisted” 44 deemeduniversities for failing quality and infrastructure parameters.The deemed university issue isnow pending in the SupremeCourt following these institutesmoving court.
After he aring the colleges, theexpert panel, comprising 21 ex-perts and officials from the tech-
nical education field, will decideon how many should be sent clo-sure notices, the official added.
Both AICTE and the ministry official said the names of the in-stitutes would be made public
after the entire procedure iscompleted.
Without giving names, Hadasaid at least 10 colleges have al-ready been served the withdraw-al-of-approval notice. “This is afirst-of-its-kind step by AICTE.
We want fair play for all—stu-dents, parents, educational insti-tutes and the education system.They are free to appeal again.”
The surprise checks are con-ducted by three persons—twoeducational experts and an ar-chitect. They verify several cre-dentials such as land transferand ownership, building plans,
infrastructure, quality of educa-tion and faculty among otherthings.
The ministry official says of the 500 colleges, a majority of them are teaching engineeringand management courses. Statessuch as Andhra Pradesh andTamil Nadu lead in the numberof colleges being examined.
There are some 8,000 techni-cal education institutions in thecountry, with at least two millionstudents pursuing technical edu-cation courses. An estimated50,000 students are enrolled inthe 500 colleges under scanner,according to the ministry official.Once an institute faces closure,the concerned state government
will be responsible for shiftingthe students to another institute,the official said.
Such scrutiny is critical formaintaining standards, said J.
Veeraraghavan, a former educa-tion secretary.
“Powerful people are runningprofessional colleges. (They) aremaking money and AICTE must
come down hard on them,” hesaid. “I believe AICTE should en-gage in constant inspection and
work with them with a focus onsubstance in curricula andteaching methods.”
The quality checks should beconducted by permanent em-ployees rather than temporary ones as is the practice now,
Veeraraghavan added. AICTE was cleaned up after
some of its top officials were ar-rested for corruption in 2009. Af-ter their removal, the ministry restructured the council, whichhas taken several pro-activemeasures to streamline the tech-nical education sector in thecountry in the last 18 months.The most important of these wasthe e-application and e-approval
system adopted by AICTE sincethe last academic session. It alsoasked all colleges for details of both physical and intellectual in-frastructure, including details of faculty and their qualifications.
1. Academy of Maritime Education and
Training, Chennai, Tamil Nadu
2. Bharath Institute of Higher Educationand Research, Chennai, Tamil Nadu
3. BLDE University, Bijapur, Karnataka
4. Chettinad Academy of Research and
Education, Padur, Tamil Nadu
5. Christ College, Bangalore, Karnataka
6. DY Patil Medical College, Kolhapur,
Maharashtra
7. Dr MGR Educational and Research
Institute, Chennai, Tamil Nadu
8. Graphic Era University, Dehradun,
Uttarakhand
9. Gurukul Kangri Vishwavidyalaya,
Haridwar, Uttarakhand
10. HIHT University, Dehradun, Uttarakhand
11. Institute of Advanced Studies in Education
of Gandhi Vidya Mandir, Sardarshahr,
Rajasthan12. Jain University, Bangalore, Karnataka
13. Janardan Rai Nagar Rajasthan
Vidyapeeth, Udaipur, Rajasthan
14. Jaypee Institute of Information
Technology, Noida, Uttar Pradesh
15. Kalasalingam Academy of Research and
Education, Virudhunagar, Tamil Nadu
16. Karpagam Academy of Higher
Education, Coimbatore, Tamil Nadu
17. Krishna Institute of Medical Sciences,
Satara, Maharashtra
18. Lingaya’s University, Faridabad, Haryana
19. Maharishi Markandeshwar University,Ambala, Haryana
20. Manav Rachna International University,
Faridabad, Haryana
21. Meenakshi Academy of Higher
Education and Research, Chennai, Tamil
Nadu.
22. Mody Institute of Technology and
Science, Sikar, Rajasthan
23. National Museum Institute of the
History of Art, Conservation and
Museology, Delhi
24. Nava Nalanda, Nalanda, Bihar
25. Nehru Gram Bharati Vishwavidyalaya,
Allahabad, Uttar Pradesh
26. Noorul Islam Centre for Higher
Education, Kanyakumari, Tamil Nadu27. Periyar Maniammai Institute of Science
and Technology, Thanjavur, Tamil Nadu
28. Ponnaiyah Ramajayam Institute of
Science and Technology, Thanjavur,
Tamil Nadu
29. Rajiv Gandhi National Institute of YouthDevelopment, Sriperumbudur, Tamilnadu
30. Santosh University, Ghaziabad, UttarPradesh
31. Saveetha Institute of Medical and
Technical Sciences, Chennai, Tamil Nadu
32. Shobhit Institute of Engineering andTechnology, Meerut, Uttar Pradesh
33. Siksha Anusandhan, Bhubaneswar,
Orissa
34. Sri Balaji Vidyapeeth, Puducherry
35. Sri Devaraj Urs Academy of Higher
Education and Research, Kolar, Karnataka
36. Sri Siddhartha Academy of Higher
education, Tumkur, Karnataka
37. St Peter’s Institute of Higher Education
and Research, Chennai, Tamil Nadu
38. Sumandeep Vidyapeeth, Vadodara, Gujarat
39. Tilak Maharashtra Vidyapeeth, Pune,
Maharashtra
40. Vel Tech Rangarajan Dr Sagunthala R&D
Institute of Science and Technology
41. Vel’s Institute of Science, Technology and
Advanced studies (VISTAS), Chennai,Tamil Nadu
42. Vignan’s Foundation for Science
Technology and Research, Guntur,
Andhra Pradesh
43. Vinayaka Mission Research Foundation,
Salem, Tamil Nadu
44. Yenepoya University, Mangalore,Karnataka
A Central government panel had “blacklisted” the following 44 deemed universities, which had moved theSupreme Court against the decision.
Source: Mint research
FUTURE TENSE
BRICS SUM M IT
Leaders call for supervision in commodity marketsBLOOMBERG
feedb ack@li vemin t.com·························SANYA, CHINA
The leaders of Brazil, Russia,India, China and South Af-
rica said excessively volatilecommodity prices pose a threatto the global economy andcalled for greater regulation of derivatives markets.
The leaders also expressedmisgivings about NATO-led airstrikes in Libya and urged anend to the fighting which, to-gether with political unrest else-
where in the Arab world, hasadded to the global uncertainty.
Volatility poses new risks forthe ongoing recovery of the
world economy, the leaderssaid, according to a communi-que from their summit in theChinese resort of Sanya. BRICS,as the five are known, alsocalled for greater vigilance overthe impact of the flow of capitalfrom developed economies intoemerging markets and agreed
on a plan to make more loans inlocal currencies.
Rising food and fuel pricesare pressuring importers suchas China and India to holddown prices for their 2.6 billionpeople. Exporting countriessuch as Brazil, Russia and South
Africa are benefiting from thetrade, yet are concerned thatover-reliance on resources willstifle diversification of theireconomies, leaving them vul-nerable should demand drop.
The fiscal outlook for emerg-ing economies is more favoura-ble, but this reflects in part thetailwinds of high asset and com-
modity prices, low interest
rates, and strong capital in-flows, the International Mone-tary Fund (IMF) said in a reportthis month. A reversal couldleave fiscal positions exposed.
China is the world’s biggestimporter of soyabeans and con-sumer of energy, depending onimported oil to fuel economicgrowth. India, where millions of people live in poverty, has alsoexpressed concern over risingfood prices.
Regulation of the derivativesmarket for commodities shouldbe accordingly strengthened toprevent activities capable of destabilizing markets, the docu-
ment said.
This year China is forecast toimport 57 million tonnes of soy-abeans, or almost 60% of globaltrade in the animal-feed andtofu ingredient.
The BRICS communiquecalled for greater cooperationon food security to redress thelack of timely and reliable infor-mation on supply and demand.The international community needs to work together to in-crease production, boost fund-ing and technological supportto developing countries as partof establishing a more equitableand fair world, it said.
In a separate agreement, the
heads of the development
banks of the five countriesagreed to work on a plan to in-crease the use of local curren-cies when making loans to eachother.
“We talked about how tomove faster to using nationalcurrencies,” Russian PresidentDmitry Medvedev said. “I justhad a meeting with Brazil’sPresident (Dilma Rousseff) and
we agreed to intensify w ork on apossible switch. We could think through such a system with allBRICS countries.”
The combined gross domes-tic product (GDP) of the fiveBRICS nations will eclipse the
US economy by the end of 2014,
according to IMF projections.The eurozone will be overtakenthis year, the data showed. By 2016, the BRICS countries willhave a combined GDP of $21trillion compared with a projec-tion of $18.8 trillion for the US,according to the IMF.
Medvedev and Rousseff are joined at the Sanya summit by South African President JacobZuma, Indian Prime MinisterManmohan Singh and ChinesePresident Hu Jintao.
Hu and the other BRICS lead-ers also called for more atten-tion to the risks of massivecross- border capital flows, and
said the IMF should continue to
look to overhaul the role of Spe-cial Drawing Rights as an inter-national reserve currency sys-tem.
The governing structure of the international financial insti-tutions should reflect thechanges in the world economy,increasing the voice and repre-sentation of emerging econo-mies and developing countries,the communique said.
Reuters contributed to thisstory.
Voicing concerns: (From left) Indian Prime Minister Manmohan Singh, Russian President Dmitry Medvedev,Chinese President Hu Jintao, Brazilian President Dilma Rousseff and South African President Jacob Zumaat the BRICS summit in Sanya on Thursday.
CHA NGE OF GUA RD
Kapoor named CEO
of Reckitt BenckiserB Y S AP NA A GARWAL
[email protected]·························MUMBAI
Rakesh Kapoor has beenn am ed t o t ak e o ve r a s
chief executive officer (CEO) atconsumer packaged goodscompany Reckitt BenckiserGroup Plc, the company saidon Thursday.
He will become the latest ex-ecutive of Indian origin tomake i t to the top post of aglobal company in recenttimes, joining Indra Nooyi,chairman and chief executiveofficer PepsiCo Inc.; and
Vikram Pandit , CEO of Citi-Group Inc.
Kapoor, 52, will take over as
chief executive from Septem-ber, replacing Bart Becht who
will retir e afte r 16 years at thehelm. Becht will stay on as apart-time adviser to Kapoorand on the company board un-til September 2012.
An MBA from XLRI, Jam-shedpur, and an engineeringgraduate from the Business In-stitute of Technical Studies(BITS), Pilani, Kapoor honedhis management skills in hishome country.
Kapoor joined the company in 1987 as regional sales man-ager, northern India, and held
variou s positi ons in the coun-try before moving to a globalposting in 1996. He was ap-pointed to the executive com-mittee in 2006 to lead global
powerbrand strategies and in-novations, both of which havedriven Reckitt Benckiser’sgrowth faster than the industry average.
Kapoor currently holds the
post of executive vice-presi-dent, global category develop-ment.
“I am delighted to take onthis role and very much look forward to leading the busi-ness to its next stage of growthand performance,” Kapoorsaid in the press statement.
He was one of the architectsof the Boots Healthcare Inter-national Ltd acquisition in2006, which transformed Reck-itt Benckiser into a global con-sumer healthcare company.He has been equally involvedin the recent SSL InternationalPlc and Guajarat-based ParasPharmaceuticals Ltd acquisi-tions.
Shares of the FTSE 100 com-pany, known for i ts globalbrands such as Finish, Lysol,Dettol and Vanish, fell sharply,reacting to the news develop-ment.
Sanya,China: Chinaon Thursday
recordedits recognitionof India’s
“status” inglobalaffairsand saidit
“supports”india’s “aspiration” toplaya greater rolein theworld
body, anexpression thatcouldbe
seenas a stepforwardtowards
backing NewDelhi’s bidfor a
permanentseat onthe United
Nations SecurityCouncil.
China’spositionwas reflected
ina declarationissuedhere aftera
summitofBrazil,Russia,India,
Chinaand SouthAfrica,the
so-calledBRICSnations,while
referringto theneed for
comprehensivereformsat theUN,
includingthe SecurityCouncil,to
makeit “moreeffective,efficient
andrepresentativeso thatit can
dealwith today’sglobalchallenges
more successfully.”PTI
China backs India’sUN ‘aspiration’
Long stint: Rakesh Kapoor.
Sanya,China: Ina significantstep
towards enhanced economic
cooperation,the BRICSnations
signed onThursdayan agreementthatwillenablethem toprovide
credit toeach otherin local
currenciesand collaboratein
capitalmarketsand otherfinancial
services.
Theagreement wassignedby
thedesignated banksof thefive
countriesat a summithere.
Thepactwassignedintune
withthe BRICScountries’
commitment toincreased
cooperationin economic,finance
andtrademattersto support their
sustained national economic
growth andcontribute tothe
“long-termsteady, soundand
balancedgrowthof theworld
economy”.PTI
BRICS to use localcurrencies for credit
>OurView:A mansionof mudBRICS >P22
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R EUTERS/ PIB