Colleges to face criminal cases if they fail to return students’ documents

coastaldigest.com news network
October 2, 2017

Mangaluru, Oct 2: Upholding the right of students to keep their marks card and other original academic documents with them after getting admission in a new institution, Dakshina Kannada Deputy Commissioner K G Jagadeesha has warned of filing criminal cases against private educational institutions if they fail to return all original documents to students.

Speaking at a review meeting chaired by Karnataka State Commission for Protection of Child Rights Chairperson Kripa Alva here recently, the DC said the institutions have no right to retain the original documents of students, including marks cards and other certificates.

However, many instances have come to light wherein institutions refused to return documents in the event a student discontinues a course midway. They demand payment of full fee to return such documents.

The DC directed institutions to return original documents, if any they have retained, within one month to students.

After a month, officials concerned would visit every private institution and conduct an inspection. If they find any institution retaining original documents, criminal proceedings would be initiated, Jagadeesha said.

Meanwhile, Kripa Alva asked the district administration to ensure every private education institution and hostel in the district would have a student-friendly environment.

The administration should periodically conduct inspections about infrastructure in hostels, she said.

Kripa Alva said that if a student desires not to continue studies in a particular institution, such institution should pave the way for the student’s smooth exit. Instead of demanding the full fee for the course/ term/ year, the institution should refund fees already collected, she said. 

Comments

M.Haneef
 - 
Monday, 2 Oct 2017

Very good move in the interest of student. It should be made a law at national level. Law should cover all the institution including coaching centers. Marks cards and certificates are precious documents of the students. 

In the era of digitalization any institutions can save a copy and return the orginals to the students.

 

Most of the coaching centers collect the fees in advance for whole tenure and never returns if he or she decides to switch courses and discontinue midway. This practice should be stopped at the national level. 

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June 9,2020

Udupi, Jun 9: Karnataka Minister for Primary and Secondary School S Suresh Kumar on Tuesday ruled out the possibility of either postponing or cancelling SSLC exam in the State and it will start from June 25 as scheduled.

Replying to a question, the Minister said that Telangana and Tamil Nadu States might have cancelled the SSLC exam, but Karnataka will not follow them. "Will hold the examination from June 25 to July 4 by taking all care to protect the interests of the Children.

The SSLC exam was originally scheduled for March 27, but was postponed as lockdown was clamped following the spread of killer Coronavirus.

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News Network
May 2,2020

Bengaluru, May 2: Former chief minister and Congress leader Siddaramaiah have urged the state government to arrange free-transport facilities to those stranded labourers and their family members to return their native places.

In a statement issued here on Friday, the former chief minister criticised the State Government for having decided to collect bur fare from them, ''three-times more than the regular fare''.

Stating that the migrant labourers, who had been stranded ever since lockdown had been clamped in the entire country are not in a position to pay for their travel, Siddaramaiah urged the state government to treat them with human face.

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News Network
January 21,2020

Jan 21: Indian policymakers may make it easier for companies to tap foreign funding, as a prolonged cash squeeze makes it tough for firms to borrow at home.

Investors are speculating about potential steps Finance Minister Nirmala Sitharaman could unveil when she presents the nation’s budget on Feb. 1. These measures may include freeing up firms to borrow at higher rates and offering tax breaks to global funds.

“The government will need to relax local rules to make it easier for Indian companies to raise debt overseas and tide over the funding crunch in the onshore market,” said Raj Kothari, London-based head of trading at Jay Capital Ltd. “At the same time, they need to ensure that the borrowers tapping offshore markets abide with stricter corporate governance so as to avoid further defaults.”

A prolonged crisis in India’s shadow bank sector and a pile of bad loans at traditional lenders is making it expensive for Indian companies, other than the best-rated firms, to access funding. The government has tried a series of measures to spur domestic credit, including providing so-called credit enhancement and allowing tiny firms to restructure debt.

Here are some steps Sitharaman may consider to spur foreign borrowing:

• She could raise the cap of 450 basis points above Libor, which limits overall foreign debt costs for Indian companies

• This could help lower-rated firms sell bonds abroad. Indian companies rated BBB currently borrow at more than 10%, about 3.8 percentage points more than their top-rated peers;

• Sitharaman could waive the withholding tax foreign investors need to pay on holdings of rupee-denominated debt sold by Indian companies abroad

• The waiver was offered between September 2018 to March 2019, but wasn’t extended as the highest global interest rates since the financial crisis deterred Indian borrowers. Since then, the three-month Libor has dropped by about 1 percentage point

• She could permit Indian property developers and housing finance lenders to sell overseas bonds for reasons beyond affordable housing projects

• New funding lines to the real estate sector, arguably ground zero of India’s economic slowdown, could help kickstart consumption and investment as the industry is the nation’s biggest job-creator.

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