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skip to content triadoro triadoro menu and widgets home tech education money reviews apps news creative gear insights launch world search for: subscribe to blog via email email address like us ! like us ! govt proposes to replace ugc with new commission the new higher education commission of india act is likely to be tabled in parliament during the monsoon session. photo: mint new delhi: the union government on wednesday unveiled the draft of a bill to replace higher education regulator university grants commission (ugc) with a higher education commission. the new commission to be established through an act will not have grant-making authority, will promote reduced inspection system and will focus more on quality outcome at universities and colleges. human resource development (hrd) minister prakash javadekar, who claimed this is a key education reform, said the new body will be more representational. its board will have senior bureaucrats from the ministries of hrd, skills and entrepreneurship, and science and technology, in a way ending the monopoly of hrd ministry in regulating higher education. “the draft act is in accordance with the commitment of the government for reforming the regulatory systems that provide more autonomy to higher educational institutes to promote excellence and facilitate holistic growth of the education system,” javadekar said in a tweet. he said the new act will separate grant-making functions, end inspection raj, focus on academic quality and empower the new commission to enforce quality issues. according to the draft bill, university and college managements found wanting and violating penalty imposed by the commission “shall be liable for prosecution as per procedure laid down under the criminal procedure code and may be punished with imprisonment for a term which may extend up to three years”. the new body will specify learning outcomes for colleges and universities, prescribe teaching, assessment, research standards. ugc reform was part of the bjp’s general election manifesto in 2014. to be sure, a similar restructuring was discussed and promoted by the previous united progressive alliance government but could not become a law due to lack of support from the parliament. over the last four years, the hrd ministry has deliberated on several models like a single regulator for higher education by merging ugc, national council of teacher education (ncte) and all india council for technical education (aicte); however, the plans were not taken forward. “this act provides for establishing the higher education commission of india repealing the university grants commission act, 1956,” said the draft bill which is open for public feedback till 7 july. “whereas for promoting uniform development of quality of education in higher educational institutions, there is a need for creation of a body that lays down uniform standards, and ensures maintenance of the same through systematic monitoring and promotion, whereas the existing regulatory structure as reflected by the mandate given to university grants commission required redefinition based on the changing priorities of higher education and allow its growth,” underlines the draft bill on need for a change. the new commission shall consist of a chairperson, vice chairperson and 12 members to be appointed by the central government. the secretary of the commission will act as the member-secretary. of the 12 members, three members will represent union government namely: secretary of higher education, secretary of ministry of skill development and entrepreneurship and secretary, department of science and technology. besides, there will be an “industry doyen” among the board members. [“source-livemint”] posted on july 25, 2018 author loknath das categories news tags commission , govt , new , proposes , replace , to , ugc , with mint money tells you when it makes sense to take an education loan, how it can benefit you and how much it can cost keeping your accumulated savings invested and taking an education loan instead can benefit you. photo: alamy any big-ticket spending requires you to either have the required funds in place or a financing option. when dealing with long-term financial goals, such as higher education of children, you have the advantage of planning much in advance. here’s how you can go about the planning. start early a lot of parents have an inclination to send their children abroad for higher education, at least at the post-graduate level, said suresh sadagopan, a certified financial planner and founder of ladder 7 financial advisories. “in that case, the planning needs to start really early. they would need a horizon of at least 10-15 years. when we talk of international education at post-graduate level today, most likely it is not going to happen below ₹40 lakh,” he said. click here for enlarge how do you work towards saving that amount? prakash praharaj, founder, max secure financial planners, said that the future cost of a particular course needs to be calculated taking into account at least 10% annual inflation. “then calculate the current assets and investments accumulated for these goals. then the remaining gap for the aimed amount is to be filled through monthly sips over the years,” he said. starting an sip of ₹5,000-7,000 in an equity fund for 15 years and increasing it by 10-20% each year could help. however, sadagopan said, given the fact that there are so many ongoing expenses these days, including other loans, it becomes difficult for parents to put aside a huge amount for the child’s post-graduation alone. consider taking loan even if you have been working on creating a higher education corpus, you need to consider taking an education loan. at present, the total expenses for higher education abroad could be in the range of ₹1 crore per child, sadagopan said. “a realistic thing that parents need to realise is that the child’s higher education is not their only goal. retirement is also an important goal and they need to be aware of the fact that you can get a loan for all other requirements but not for retirement,” he said. own funds versus loan but if someone has already accumulated the required amount, why should another repayment burden be taken on? the answer lies in two things, praharaj said. “a cost benefit analysis suggests that taking an education loan and keeping the accumulated amount invested works in your favour. moreover, it also helps in developing a sense of responsibility in the student. the realisation that a repayment has to be done by them keeps them focussed,” he said. the math of keeping your accumulated savings invested and taking an education loan instead suggests that taking a loan results in significant benefits. for instance, if ₹1 crore is kept invested and an education loan for the same amount is taken, at the end of nine years, including the repayment holiday on the education loan, the net benefit could be around ₹87 lakh ( see graph ). this includes the tax saved on repayment of loan. borrowers of education loans can claim deduction on the interest paid, though not on the principal amount. also, unlike in home loans, there is no limit to the amount that can be claimed as deduction. sadagopan said it is better that the parents keep the money with themselves and let the child take the loan. “in future if the child is struggling to find a job and pay back, you can step in to help at that point,” he said. [“source-livemint”] posted on july 25, 2018 author loknath das categories education tags an , and , benefit , can , cost , education , how , it , loan , makes , mint , money , much , sense , take , tells , to , when , you higher education in india gets a rs 8,000 crore boost government’s estimated schematic budgetary expenditure on health, education and social protection for 2018-19 is rs 1.38 trillion. photo: ht new delhi: to increase investment in higher educational institutions, the union cabinet today approved a proposal for

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Domain Name: TRIADORO.COM
Registry Domain ID: 1992448150_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: http://www.godaddy.com
Updated Date: 2017-01-09T18:51:42Z
Creation Date: 2016-01-07T20:01:18Z
Registry Expiry Date: 2018-01-07T20:01:18Z
Registrar: GoDaddy.com, LLC
Registrar IANA ID: 146
Registrar Abuse Contact Email: abuse@godaddy.com
Registrar Abuse Contact Phone: 480-624-2505
Domain Status: clientDeleteProhibited https://icann.org/epp#clientDeleteProhibited
Domain Status: clientRenewProhibited https://icann.org/epp#clientRenewProhibited
Domain Status: clientTransferProhibited https://icann.org/epp#clientTransferProhibited
Domain Status: clientUpdateProhibited https://icann.org/epp#clientUpdateProhibited
Name Server: IVAN.NS.CLOUDFLARE.COM
Name Server: SUE.NS.CLOUDFLARE.COM
DNSSEC: unsigned
URL of the ICANN Whois Inaccuracy Complaint Form: https://www.icann.org/wicf/
>>> Last update of whois database: 2017-08-14T22:39:11Z <<<

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  REGISTRAR GoDaddy.com, LLC

SERVERS

  SERVER com.whois-servers.net

  ARGS domain =triadoro.com

  PORT 43

  TYPE domain
RegrInfo
DOMAIN

  NAME triadoro.com

  CHANGED 2017-01-09

  CREATED 2016-01-07

STATUS
clientDeleteProhibited https://icann.org/epp#clientDeleteProhibited
clientRenewProhibited https://icann.org/epp#clientRenewProhibited
clientTransferProhibited https://icann.org/epp#clientTransferProhibited
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  IVAN.NS.CLOUDFLARE.COM 173.245.59.120

  SUE.NS.CLOUDFLARE.COM 173.245.58.145

  REGISTERED yes

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