Rs 10K crore will be given to top 10 universities to make them world-class: Modi

Agencies
October 14, 2017

Oct 14: Lamenting that no Indian university figures among the top 500 globally, Prime Minister Narendra Modi today said the government intends to unshackle these institutions and provide Rs 10,000 crore to 20 varsities to ensure that they are counted among the best in the world.

Addressing a function on the centenary celebrations of the Patna University here, he said measures like grant of central status were "a thing of the past" and his government has taken "a step forward" towards making 10 private universities and 10 government ones world class.

"My government took an important step towards unshackling the IIMs, freeing them from the clutches of restrictions and regulations set by the government.

"We intend to do the same for our universities and ensure that our centres of higher learning figure among the best 500 in the world," Modi said here.

In his speech that lasted a little over 30 minutes, the Prime Minister stressed on the need for universities to give more emphasis on "learning and innovation" and give up old teaching methods which focused on "cramming students' minds with information".

The Prime Minister also replied in his characteristic style to a fervent plea by Bihar Chief Minister Nitish Kumar, who in his welcome address had urged Modi "with folded hands that central status be granted to Patna University".

"I would like to say something about a demand that was raised here and met with loud cheers by the young crowd attending this ceremony. Issues like grant of central status have become a thing of the past. We are taking a step forward.

"We will provide an assistance of Rs 10,000 crore to 10 private universities and an equal number of government ones for a period of five years. All these universities have to do is to demonstrate their potential to become world class," he said.

The universities will not be selected by the prime minister or a chief minister or any other political figure, he said, adding their potential will be assessed by a professional, third party agency.

"I exhort Patna University to seize this opportunity," he said in the presence of a host of dignitaries, which included Kumar and his Deputy Sushil Kumar Modi.

Hailing the role of young IT professionals in changing the global outlook towards India, Modi quipped "earlier we were seen as a land of snake charmers, exorcism and superstitions.

"Long back, while on a visit to Taiwan, I told a friend that we, as a nation, have moved from snakes to the mouse," he said.

Modi said, "We are a nation of 800 million young people, 65 per cent of our population is below the age of 35 years. There is nothing that we cannot achieve with such a huge demographic advantage."

The PM began his speech on a humorous note, saying "the Chief Minister said in his speech that I was the first Prime Minister to visit this university. It seems my predecessors have left quite a few tasks for me".

He also paid rich tributes to the rich and glorious history of Bihar, saying "the stream of knowledge that flows through this state is as ancient as the river Ganges itself".

"The state has been devoting itself to the worship of Saraswati (Goddess of learning). But the time has come to propitiate Laxmi (Goddess of wealth and prosperity) as well and make the state a prosperous one by 2022, when we celebrate 75 years of our Independence," he said

He also remarked "there is no state in the country where one does not find a Patna University alumnus among the top five bureaucrats. I have had the opportunity to work with many such bright officers".

Union Ministers Ravi Shankar Prasad, Ram Vilas Paswan, Ashwini Chaubey and Upendra Kushwaha were among those present during the event.

After attending the PU function, the PM paid an unscheduled visit to the Bihar Museum, situated adjacent to the Patna High Court, which has been a pet project of Chief Minister Nitish Kumar.

The chief minister accompanied Modi during the museum visit.

This is the prime minister's first full-fledged official tour to the state since the BJP became a part of the ruling coalition in Bihar in July this year after Kumar-led JD(U) snapped its alliance with Lalu Prasad's RJD and the Congress.

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News Network
January 31,2020

New Delhi, Jan 31: Chief Economic Adviser K V Subramanian on Friday said India's GDP is expected to grow at 6-6.5 per cent next fiscal as the economic slowdown has bottomed out.

As per the first advance estimates released by the National Statistical Organisation (NSO), the country's economic growth is likely to hit an 11-year low of 5 per cent in the current fiscal ending March 2020.

The Economic Survey 2019-20, prepared by a team lead by Subramanian, has projected the GDP to expand in the range of 6-6.5 per cent during 2020-21.

The Indian economy has hit the bottom and it will see an uptick from here, he said in a media briefing post the Economic Survey.

Amidst a weak environment for global manufacturing, trade and demand, the Indian economy slowed down with GDP growth moderating to 4.8 per cent in the first half of 2019-20, lower than 6.2 per cent in H2 of 2018-19.

Based on NSO's first advance estimates of GDP growth for 2019-20 at 5 per cent, an uptick in GDP growth is expected in the second half of the fiscal, it said.

According to it, the uptick in second half of 2019-20 would be mainly due to ten positive factors like picking up of Nifty India Consumption Index for the first time this year, an upbeat secondary market, higher FDI flows, build-up of demand pressure, positive outlook for rural consumption, rebound of industrial activity, steady improvement in manufacturing, growth in merchandise exports, higher build-up of foreign exchange reserves and positive growth rate of GST revenue collection.

The survey also emphasised that merger of public sector banks may increase the financial strength of the merged entities, lower the risk aversion and result in lowering of lending rates.

Further, as the implementation of GST further settles down, the increased unification of the domestic market may reduce business costs and facilitate fresh investment.

Reforms in land and labour market may further reduce business costs, said the survey, presented a day before Sitharaman's Union Budget 2020-21.

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News Network
May 25,2020

New Delhi, May 25: India witnessed the highest ever spike of 6,977 positive cases in the last 24 hours, taking the total number of COVID-19 to 1,38,845, according to the Union Ministry of Health and Family Welfare.

India is now among the top 10 countries in the world regarding the total number of COVID-19 cases.

With 154 deaths reported in the last 24 hours, the total number of deaths due to COVID-19 now stands at 4,021 in the country.

Out of the total number of cases, 77,103 are active cases and 57,721 have been cured/discharged/migrated.

Maharashtra continues to remain the worst affected state with 50,231 COVID-19 cases, followed by Tamil Nadu (16,277), Gujarat (14,056) and Delhi (13,418).

The fourth phase of the nationwide lockdown imposed as a precautionary measure to contain the spread of COVID-19 is scheduled to end on May 31.

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News Network
March 2,2020

Mathura, Mar 2: Union Minister of state Sadhvi Niranjan Jyoti on Sunday said after the Citizenship (Amendment) Act (CAA), the Centre might bring a population control law.

Jyoti claimed that she has already spoken to Prime Minister Narendra Modi in this regard.

She said she believes that this issue is under the prime minister's consideration and he himself has discussed the importance of bringing this law.

Jyoti arrived here on Sunday to attend a tribute meeting held at Swami Vamdev Jyotirmath in Chaitanya Vihar. Unnao MP Sakshi Maharaj was also present at the event.

"There was a time when abrogation of Article 370 in Jammu and Kashmir was impossible. It was feared that if such thing happens, there will be bloodbath. No one will be hold the national flag in Kashmir. But this government can bring any law in favour of the nation," Jyoti said.

"Now, everyone believes that if Article 370 can be removed...Prime Minister Narendra Modi can bring any law which is important for the country," she added.

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expat
 - 
Monday, 2 Mar 2020

already people are childless. struggling for IVF treatment. no need of population control. it is automatically getting control byu nature.

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