Budget 2018: Finance Minister decides to invest in higher education and quality of education

While announcing his budget 2018 Finance Minister Arun Jaitley announced various benefits for students and education sector in India. The finance minister proposed to launch ‘‘Revitalising Infrastructure and Systems in Education (RISE) by 2022’’ with a total investment of Rs 1,00,000 crore in next four years. This will aim at step up investments in research and related infrastructure in premier educational institutions, including health institutions. This is in line with imparting quality education to the students in the country. The Union Budget 2018 further mentioned that the Higher Education Financing Agency (HEFA) would be…

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Finance Minister set to make ‘major’ announcement — banks recapitalisation on cards?

Finance Minister Arun Jaitley will make a major announcement on Tuesday evening, possibly in connection with the recapitalisation plans for public sector banks, sources have told CNBC-TV18. At a press conference scheduled for 4pm, the minister is likely to decide the plan for increasing capital to the weak balance sheets of banks including United Bank of India, UCO bank, Corporation bank, Allahabad Bank, Indian Overseas Bank, and Dena Bank, among other capital starved banks as the industry suffers from a decade-low credit growth at around 6 percent. According to sources, the minister may announce recap bonds (not…

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Board exam for Class 10 in CBSE schools to return: HRD minister Javadekar

Board examination for Class 10 in CBSE schools will be reintroduced as part of the ongoing reforms in the education system, Union human resource development (HRD) minister Prakash Javadekar said Friday. At present, it is optional for CBSE students to choose either the board exam or a school-based examination. It has also been decided to conduct examinations in Classes 5 and 8 and students who would fail in the end-term examinations would be detained in these classes, Javadekar said in Puri. However, the students would be given an opportunity to…

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India to have 600m broadband connections by 2020: Communications minister

There were 422.19 million broadband subscribers and the internet penetration (internet subscriber per 100 populations) was 32.86 per cent in the country as on March 31, 2017, Communications Minister Manoj Sinha informed Parliament on Friday. In a written reply to a question in the Rajya Sabha, Sinha said the National Telecom Policy-2012 envisages 600 million broadband connections by the year 2020. He said that the government has planned the BharatNet project to provide 100 Mbps broadband connectivity to all Gram Panchayats (around 2.5 lakh) in the country. Under the first…

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Far-right Israeli minister plans bill to annex one of biggest settlements

The far-right Israeli education minister, Naftali Bennett, has vowed to introduce a bill this month to formally annex Maale Adumim, one of Israel’s largest settlement blocks in the occupied Palestinian territories. In remarks made at a museum in the city of 40,000 located outside Jerusalem, Bennett said: “After being here for 50 years, the time has come to end military rule.” The hardline leader of the Jewish Home party also made clear that he saw the annexation of Maale Adumim as a first step in annexing all of “area C”,…

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U.N. peace envoy to meet Syrian foreign minister – government official

U.N. Syria envoy Staffan de Mistura will hold talks with Syria’s foreign minister on Tuesday during a surprise visit to Damascus, a Syrian government official told Reuters. The official said the talks were a follow-up to the Munich meeting in which world powers agreed to a cessation of hostilities that would let humanitarian aid be delivered in Syria. The talks will include discussion of the resumption of peace talks set for Geneva on Feb. 25, including “procedural issues”, the official said on condition of anonymity.   [SOURCE:- Reauters]

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