Teachers of the Delhi University gheraoed the office of the vice-chancellor to protest against a circular mandating appointment of guest teachers on permanent posts and demanded its withdrawal, on December 4.The Delhi University Teachers' Association (DUTA) had called a strike and urged teachers to boycott all official duties. The decision to go on strike was made on the basis of August 28 varsity circular which mandates that only appointment of guest teachers can be made against substantive vacancies arising for the first time in the current academic session.The DUTA also wrote letters to the University Grants Commission (UGC) and the HRD Ministry on December 3 to intervene immediately to end the crisis which has emerged due to a letter issued by the university.Close Earlier, the DUTA was reportedly said, "Superintendents and Deputy Superintendents are urged to tender resignations and relieve themselves from all duties related to the conduct of the examinations. … [Read more...] about Delhi University teachers gherao VC office against guest teachers’ appointment on permanent posts
Purdue university scholarships
Future Wise podcast | Applying for a university abroad? Here’s how you can spot a fake one
Thousands of Indian students are eager to apply to foreign universities for higher education. While, many manage to get admission to top universities across the US, quite a few get conned and end up enrolling with fake universities.Recently, several India students were arrested and deported by the US Immigration and Customs Enforcement officials for joining a fake university.Close In this episode of the Future Wise podcast, Moneycontrol's M Saraswathy talks to Rohit Sethi, Director of ESS Global, a study abroad consultant, on how students could verify the credentials of an institute to avoid getting trapped by a fake one. related news Taking Stock: Trade deal hopes, possible rate cut on Dec 5 lift sentiment; Nifty ends above 12K Hot Stocks: Remain stock specific as Nifty may see further decline on profit booking Early on D-Street | Stay cautious, create fresh short positions below 11,950 Tune in to the Future Wise podcast for more.If you have any queries or suggestions for … [Read more...] about Future Wise podcast | Applying for a university abroad? Here’s how you can spot a fake one
Raghuram Rajan says capitalism is ‘under serious threat’
Former RBI governor Raghuram Rajan on Tuesday warned that capitalism is under "serious threat" of a "revolt" as the economic and political system has stopped providing for the people, especially after the 2008 global financial meltdown. Rajan, now a professor at the University of Chicago, told BBC Radio 4's Today Programme that governments across the world cannot afford to ignore social inequality when considering the economy."I think capitalism is under serious threat because it's stopped providing for the many, and when that happens, the many revolt against capitalism," the former chief economist at the International Monetary Fund (IMF) said.Rajan said he believes that capitalism is breaking down because it is not providing equal opportunities.Close "It's not providing equal opportunity and in fact the people who are falling off are in a much worse situation," he said. related news 'Free doesn't mean free': Vodafone Idea to charge 6 paise per minute on calls to other … [Read more...] about Raghuram Rajan says capitalism is ‘under serious threat’
Raghuram Rajan on why minimum income works, and the RSS’ ‘threat to India’
The wave of populist nationalism sweeping countries globally can be traced to political worries arising out of challenges posed to economic progress by technology, says economist Raghuram Rajan.In an interview with Moneycontrol’s Gaurav Choudhury, Rajan said governments can cope with this by empowering local communities, which he dubs as ‘the third pillar’ in the economic system, after the state and markets.The former Reserve Bank of India governor, and professor at the Chicago Booth School, has released a book by the same name, in which he talks about the need for the three pillars to play an equally important role.Close “Even in India, over the decades, we have tried to empower local governments through systems such as the Panchayati Raj [but it is not enough],” he said. “Even municipalities are not empowered [to the extent they should be].” related news GST collection crosses Rs 1 lakh crore mark in November GST helps households … [Read more...] about Raghuram Rajan on why minimum income works, and the RSS’ ‘threat to India’
Indian Budget 2013: Document of P Chidambaram’s Budget speech
Madam Speaker, I rise to present the Budget for the year 2013-14.2. I recall my last tenure as Finance Minister and acknowledge with gratitude the splendid support that I received from all sections of the House as well as the people of India. Today, more than ever, I seek the same support as we navigate the Indian economy through a crisis that has enveloped the whole world and spared none.3. I intend to keep my speech simple, straight forward and reasonably short.I. THE ECONOMY AND THE CHALLENGES4. I shall begin by setting the context. Global economic growth slowed from 3.9 percent in 2011 to 3.2 percent in 2012. India is part of the global economy: our exports and imports amount to 43 percent of GDP and two-way external sector transactions have risen to 108 percent of GDP.We are not unaffected by what happens in the rest of the world and our economy too has slowed after 2010-11. In the current year, the CSO has estimated growth at 5 … [Read more...] about Indian Budget 2013: Document of P Chidambaram’s Budget speech
