See this page in HINDI >>

Allot land free to attract private investment in education: NR Narayana Murthy

Updated on Wed, 09 May 2012 at 18:39 IST

Central government has been working out various ways to attract private players and corporates to invest into education.

In the recent meet, Planning Commission Deputy Chairman Montek Singh Ahluwalia has stressed the idea of funding students instead of universities and hiking university fees.

The plan panel committee headed by Narayana Murthy has suggested to allocate the land for free for 999 years to attract private investment in education.

The committee also argued that the contributions made by a corporate, a foundation or grant-making entity to higher education institutes should be eligible for deduction from taxable income to the extent of 300% of such contribution.

HRD minister Kapil Sibal said: "Private sector is not going to invest unless you give them appropriate environment and the fundamental (requirement of private sector) is land."

 
  • XLRI gets 100% placement in just 3.5 days for 2012-14 batch

    XLRI gets 100% placement in just 3.5 days for 2012-14 batch

    XLRI- Xavier School of Management has announced the entire 2012-14 batch of 245 students of Business Management and Human Resource Management Programs were placed in just 3.5 days. Over 103 recruiters participated in the recruitment drive. Recruiters were from various domains with a variety of roles in Management Consulting, Investment Banking, Private Equity, Corporate Finance, Banking, Sales and Marketing, Strategy, Operations and Human Resource functions. In 2014, XLRI saw 32 new recruiters partipating at its recruitment season.
  • IIIT to come up in Tripura

    IIIT to come up in Tripura

    Union Human Resource Development and Information Technology Minister Kapil Sibal has assured that North East part of India will get its first Indian Institute of Information Technology (IIIT). Around Rs.128 crore would be invested to set up IIIT in Tripura. Tripura Education Minister Tapan Chakraborty told reporters: "Union Human Resource Development and Information Technology Minister Kapil Sibal informed at a meeting in New Delhi Tuesday that northeast's first IIIT would be set up in Tripura." `
  • Montek Singh Ahluwalia: Stop funding universities

    Montek Singh Ahluwalia: Stop funding universities

    Planning Commission Deputy Chairman [ebharat.in:profile:Montek Singh Ahluwalia] has stressed the idea of funding students instead of universities. "Stop funding the universities and just fund the students then they go to universities that are worth paying for. I am in favour of raising the fees across the board and giving scholarship that will enable students to go to universities which actually do a good job," he said while addressing a function here to unveil a report on corporate sector participation in higher education.
  • Mahatma Gandhi University library presents International Book Fair INBOFA 2012

    Mahatma Gandhi University library presents International Book Fair INBOFA 2012

    International book fair INBOFA 2012 is being organized for promotion of serious readership among book lovers. It attracts sellers, buyers, publishers, distributors, readers, authors, editors and the general public to one location. A variety of programs has been organized at the book fair such as theme based discussions, seminars, workshops, authors' meet, book launching, book reading sessions ,cultural events, literary events to attract book lovers to the fair. The fair will start on 13th January 2012 and conclude on 23rd January 2012.
  • NR Narayana Murthy comments on Quality of students at IIT's

    NR Narayan Murthy, chairman, Infosys says “Quality of students is deteriorating at IIT's”. According to him the problem is due to coaching institutes which prepares a candidate for selective problems which are asked in IIT entrance test. This helps in clearing the entrance test but leads to poor performance in educational and employment front. The candidates who works hard and learn all types of problem solving techniques does better than a coached candidate.