FIVE STATE INSTITUTES TO GET RS 10 CR TO PUSH INNOVATION

FIVE STATE INSTITUTES TO GET RS 10 CR TO PUSH INNOVATION

Five institutions from Gujarat, including the Gujarat University (GU) and Gujarat Technological University (GTU) will get grants to establish Atal Incubation Centres under the aegis of Atal Innovation Mission (AIM) set up by the Niti Aayog. As many as 34 incubators in the country have been approved by AIM. GTU, Surat Smart City Development Limited from Surat- a Special Purpose Vehicle (SPV) for the implementation of the Smart City projects in the city, GU, Gujarat Law Society(GLS) and Indrashil Institute of Science & Technology, Mehsana, have been given approval for…

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Mumbai: State colleges, institutes strive to improve ranking and grades to win Rs 271 cr funding

Mumbai: State colleges, institutes strive to improve ranking and grades to win Rs 271 cr funding

Mumbai: Students of colleges and various institutes may benefit as the Rashtriya Uchchatar Shikshan Abhiyan (RUSA) has supported the ‘Maharashtra Mission 500’ project of the state to improvise 500 colleges, institutes and universities. A budget of Rs 271 crore has been agreed upon by RUSA for developing and improving quality of higher education of the state. The state plans to seek advice from experts to help colleges and universities in securing better ranks and grades to gain this fund. The state has outlined its on-ground goals under RUSA 2.0 which include…

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Ronnie Screwvala does a first in Asia, launches Rs 100 cr scholarship fund

Ronnie Screwvala does a first in Asia, launches Rs 100 cr scholarship fund

Online education start-up co-founder Ronnie Screwvala has initiated an online scholarship fund, Asia’s first, with a first closing of Rs 100 crore and an aim to get to Rs 400 crore over the next 3-4 years. He has invested an initial corpus of Rs 10 crore and will raise the rest from like-minded individuals and companies as well as from CSR funding. The Fund will also partner with UpGrad, an online education platform co-founded by Screwvala. “We need 125 million young Indians in post-graduation studies and not more than 30…

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Chidambaram disburses Rs 10.40 cr education loan to students

Chidambaram disburses Rs 10.40 cr education loan to students

Union Home Minister P.Chidambaram on Sunday said many students would not have been able to pursue their higher education and remained just “Plus two Unemployed” had the government not introduced the Education Loan Scheme. Disbursing education loan to the tune of Rs 10.40 crore to 643 students at a loan mela here, he said education loan was a great opportunity to pursue higher education and the students should focus and strive to become top class engineers, doctors and other professionals. He said Tamilnadu students had been first in the country…

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Rs 26K cr bonanza to 9 lakh families; FM gives sops on education loans

Rs 26K cr bonanza to 9 lakh families; FM gives sops on education loans

New Delhi: In a big relief to 9 lakh families ahead of elections, the government on Monday said it will waive interest component of education loan taken before March, 2009, a decision that will cost the exchequer Rs 2,600 crore. “Since interest concession is being given to borrowers (who have availed of loans) after April 1, 2009, what we are saying is if there is any outstanding interest on the loan you took as on December 31, 2013, I am willing to take over interest burden,” Finance Minister P Chidambaram…

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