India Education Round-Up | August 2024 | Prime Minister Modi announces 75,000 new medical seats across India

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21, August 2024

India Education Round-Up | August 2024 | Prime Minister Modi announces 75,000 new medical seats across India

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21, August 2024

Serving as a primer for news articles in print/digital media, this write-up aims to share recent notable events in Indian education, inspiring educators and stakeholders to adopt best practices. It is crafted to be a valuable source of information for individuals keen on staying updated about the latest trends, events, and innovations in Indian education. By keeping abreast of these developments and incorporating best practices, we can collectively contribute to the vision of providing high-quality education at an affordable cost to everyone in India and globally.

Indian companies hike CSR spending towards education to boost skilling

New Delhi: As the government brings forward a new scheme requiring companies to use their Corporate Social Responsibility (CSR) funds to cover 10 per cent of internship costs, education constituted nearly 33 per cent of the CSR spending by companies in FY23 -- the largest ever. According to government data, companies spent the amount on imparting vocational skills under CSR reached Rs 1,164 crore in FY23, up from Rs 1,033 crore in the previous fiscal.

The new initiative by the government aims to create skilling opportunities for one crore youth in the top 500 companies over the next five years. Under the new internship scheme, each intern will receive a monthly allowance of Rs 5,000 and a one-time assistance of Rs 6,000. According to the Budget document, it will provide 12 months of real-life business exposure. At the same time, participating companies can cover training costs and 10 per cent of the internship costs from their CSR funds.

IIT Madras dominates NIRF Ranking 2024 (Overall)

New Delhi: The Indian Institute of Technology, Madras (IIT M) has continued its dominance in the latest edition of the National Institute Ranking Framework (NIRF), retaining as the number one institution of the country in the overall and engineering categories. This year, the IITs have also dominated the top 10 ranking in the overall category.

The second position has been grabbed by the Indian Institute of Science (IISc), Bangalore, followed by IIT Bombay, IIT Delhi, and IIT Kanpur in the third, fourth, and fifth spots, respectively. IIT Kharagpur got sixth place, followed by AIIMS Delhi at seventh, IIT Roorkee, and IIT Guwahati at eighth and ninth. JNU, New Delhi have bagged the 10th spot.

UGC introduces new enrolment procedure for ODL programmes

New Delhi: The University Grants Commission (UGC) has introduced a new enrolment procedure for students seeking admission to Open and Distance Learning (ODL) and Online Programmes for the 2024-25 academic year. This change is designed to ensure that students enrol only in Higher Educational Institutions (HEIs) approved to offer ODL and online programmes and is effective from September 2024, thereby enhancing transparency in the admissions process, according to UGC Chairman Mamidala Jagadesh Kumar.

To protect student interests, the UGC has developed a mechanism requiring students to register on the UGC-DEB web portal and create a unique DEB-ID using their Academic Bank of Credit (ABC)-ID. This DEB-ID will be mandatory for all students enrolling in recognised ODL/Online programmes, except for international learners, and will remain valid for their lifetime. HEIs are encouraged to implement this new admission process efficiently and promote it to prospective students to ensure successful adoption and operation.

Prime Minister Modi announces 75,000 new medical seats across India

In his address from the Red Fort on the 78th Independence Day, Hon’ble Prime Minister Shri Narendra Modi announced an ambitious plan to create 75,000 new medical seats across India over the next five years. This initiative is part of a broader effort to address the longstanding issue of students, particularly from middle-class families, seeking costly medical education abroad due to limited opportunities at home.

During his speech, Prime Minister Modi underscored the significant progress made in expanding medical education over the past decade. He noted that the number of medical seats in the country has nearly doubled, rising from 51,348 in 2014 to 1,07,948 in 2023—a substantial increase of 110 per cent. Additionally, medical colleges have grown by 82 per cent, from 387 in 2014 to 704 in 2023.

Disclaimer

The blog is curated by referring to various credible sources and does not necessarily reflect the opinions or positions of QS I-GAUGE. The information provided is for general informational purposes only, readers are advised to conduct their own research and seek professional advice before making any decisions.

Sources

https://in.investing.com/news/stock-market-news/indian-companies-hike-csr-spending-towards-education-to-boost-skilling-4374923

https://indianexpress.com/article/education/nirf-rankings-2024-overall-category-iit-madras-delhi-bombay-iisc-bengaluru-9402389/

https://bestcolleges.indiatoday.in/news-detail/ugc-introduces-new-enrolment-procedure-for-odl-programmes#:~:text=All%20stakeholders%20are%20informed%20that,%2DAugust%202024)%20and%20onwards

https://bestcolleges.indiatoday.in/news-detail/prime-minister-modi-announces-75000-new-medical-seats-across-india

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