Page 38 - PR Communication Age APRIL 2016
P. 38
Education
News
KVS to introduce Sanskrit decided to collaborate with the West the setting up of a Higher Education
in Class XI of KVs Bengal government to incorporate a Financing Agency and increased focus
financial education curriculum at the on the Rashtriya Uchchatar Shiksha
Kendriya Vidyalaya Sangathan (KVS), secondary level. RBI plans to check Abhiyan.
which functions under the ministry of mushrooming of ponzi investment
human resource development, would firms in rural India and Bengal. Rohin Kapoor, director, Deloitte in In-
introduce Sanskrit in class XI from the dia, said the UGC's role as a funding
coming academic session. Addressing a seminar on Financial In- agency would come down with the
clusion organized by the Indian Cham- Higher Education Financing Agency
Sanskrit teachers are being recruited ber of Commerce, P N Das, General being set up.
for the purpose. In the last session, the Manager of Financial Inclusion & De-
KVS noted that only a few students velopment Department, RBI said, "To CAG can Audit Private
from Bengaluru and Ernakulam regions spread financial literacy we plan to Deemed to be Universities
opted for Sanskrit in class XI as they did collaborate with CBSE to make stu-
not have post-graduate teachers for dents financially literate from class 6." The CAG has finally opened a window
Sanskrit. Principals of KVs, where stu- which could allow for a government
dents are pursuing Sanskrit in class X, Amartya for plurality not audit of private deemed to be univer-
would conduct interviews for PGT San- majority sities. The CAG is learnt to have com-
skrit teachers on contractual basis. municated to the human resource de-
Plurality, rather than majority, should velopment ministry that there are
Varanasi region deputy commissioner be the yardstick for a democracy, provisions in the CAG Act under which
D T S Rao said, "Things are likely to Nobel Laureate Amartya Sen said at a proposal for auditing the deemed
change now and we hope to see more Presidency University. varsities can be considered.
students opting for Sanskrit."
Financial education cur- UGC's funding cut by 55% IIM Calcutta records 100%
riculum at secondary level in Budget 2016-17 placements
to start soon
The Budget allocation for the Univer- IIM Calcutta said it has achieved 100
The Reserve Bank of India has started sity Grants Commission (UGC), which per cent final placement for the batch
a special drive to inculcate a proper provides funds and maintains stan- of 2014-16 in just two-and-a-half days.
investment cult in schools, investment dards in institutions of higher educa- For 439 students of the batch, nearly
cult in schools, including those in West tion, has been cut by almost 55 per 500 offers, including 21 international
Bengal. cent, from Rs 9315.45 crore in 2015- offers, were made.
16 to Rs 4286.94 crore in 2016-17.
The central bank in its effort to spread It recorded over 100 offers in the bank-
financial literacy across the state has Funding for the UGC has declined with ing and finance sector. Bank of
38 PR COMMUNICAT ION AGE April 2016
