FirstRanker.com

Category: General

Everything related to General category…

  • Intermediate fees in AP all set to increase

    Intermediate fees in AP all set to increase!

    Oct. 16: With the state government constituting a high level committee on Saturday, the stage is set for an increase in the fee structure of Intermediate courses in private and government aided junior colleges across the state.

    The committee will suggest the quantum of hike to be effected from the next academic year (2011-12).

    The fee structure was last revised in 1997 and a hike of 10 per cent was being effected every subsequent year since then based on the inflation rate. Managements of private junior colleges, however, had been demanding a 300 per cent hike arguing that the existing fee structure was “very low”.

    In this backdrop, the government has constituted a five-member committee to deal with the subject.

    In 1996 the fee for First Year was only `105, which was doubled to `210 in 1997. Similarly the fee for Second Year was doubled to `420 in 1997 from `210.

    Currently in aided colleges, the fee for First Year is `601 and `660 for the Second Year while it is `1,201 and `1,321 respectively in private junior colleges.

    It is, however, an open secret that the corporate colleges, which account for 70 per cent of the total Intermediate students, charge anywhere between `20,000 to `1 lakh depending on the facilities and coaching they offer. These colleges train students for national-level competitive exams like IITJEE, JIPMER, Aiims and AIEEE apart from Eamcet.

    Source: DC

  • IIMs moving to global shore!

    IIMs moving to global shore!

    The Indian Institutes of Management that have finally been allowed to throw off their shackles and go global by opening new centres in and outside the country.

    The much-awaited decision was taken at a meeting of IIM directors chaired by the union human resources development minister, Mr Kapil Sibal, on Wednesday.
    To give the IIMs more elbow room to operate and innovate in the global scenario, the meeting also ratified several steps to increase their autonomy.

    IIM boards will now get the power to create posts, amend rules within the framework of memoranda of association, approve their own budget and dispose of property not funded by the HRD ministry. Oct. 13: A crucial meeting was in the offing to empower the IIMs by allowing them to open international campuses and enjoy more autonomy.

    The Union human resources development minister, Mr Kapil Sibal, said in a statement later that autonomy should go hand in hand with accountability.

    β€œThe faculty, the director and the board should take steps to prepare annual action plans and key performance indicators at each level and be fully accountable and transparent,” he added.

    The meeting also decided to restrict the number of board members of IIMs to 14 as per the recommendation of committee set up to propose a new governance structure for the institutions. It was chaired by Mr R.C. Bhargav, chairman of IIM Ranchi.

    IIMs have also been allowed to hike salaries of directors and faculty from the funds they generate as recommended by a panel headed by Mr Ajit Balakrishnan, chairman of IIM Calcutta. Faculty members have been asked to submit individual work plans at the start of the year.

    To generate more funds, IIMs would also set up a development office, prepare a fund raising policy and conduct road shows.

    These suggestions were made in the panel on fund raising chaired by Mr Hari S. Bhatia, chairman of IIM Raipur.

    Source: DC

error: Content is protected !!