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  • Startup India, Stand up India: Educate India, the start-up way | The Financial Express
    and vocational training markets have witnessed the maximum action Use of technology has flipped our classrooms social learning is making knowledge and experience sharing seamless and virtual classrooms online courses digital libraries and up skilling are some of the recent examples of impact made by start ups The high penetration of mobile phones has also contributed to the increased acceptance of the above solutions One needs to just pick up his phone to learn how to speak English or view a lecture delivered in an IIT or learn in real time from mentors and peers located in different parts of the world With an estimated market size in excess of 150 billion the education sector possibly presents the biggest and complex opportunity for private and social entrepreneurs The challenge lies in providing effective solutions tailored to the requirements of our students rather than searching for problems after developing a product in house These are still early days for start ups in this sector but it seems extremely likely that the rise of a superstar is just round the corner In order to realise the above potential it is pertinent for all things to fall into place The action plan announced by the government needs to be meticulously implemented entrepreneurs need to portray higher sense of responsibility for ensuring business continuation as they are now eligible for tax breaks investors should back ideas which may have higher social impact initially rather than profitable business impact let s startupindia Key incentives announced or Start ups Income Tax holiday for 3 years for entities set up after April 1 2016 Tax exemption on capital gains subject to fulfillment of certain criteria Hassle free registration through Mobile App Easy exit through the proposed Bankruptcy code 80 rebate on patent applications The author is director Deloitte in India First Published on January 18 2016 12 07 am Tags Start Up India Please Wait while comments are loading More on this story States to drive Start up India NITI Aayog Vice Chairman Arvind Panagariya Startup India SoftBank may scale up planned 10 bn investment in India Startups turbocharged Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech

    Original URL path: http://www.financialexpress.com/article/industry/jobs/startup-india-stand-up-india-educate-india-the-start-up-way/196568/ (2016-02-08)
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  • Rohin Kapoor | The Financial Express
    at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top 10 richest clubs Earthquake in Taiwan Magnitude 6 4 quake kills 14 over 100 missing scores injured in Tainan Real Madrid s Cristiano Ronaldo 31 soccer star and entrepreneur All you need to know in 8 slides How Zika virus infection can spread From mosquito bites to urine transmission top 5 points to note International Fleet Review 2016 President Pranab Mukherjee reviews naval fleet Asteroid TX68 to pass by Earth on March 5 at 9 000 17 000 km distance NASA Earthquake in Nepal 5 5 magnitude quake injures 15 tremors rock Bihar too Horoscope By Peter Vidal Today 08 Feb This Week 07 Feb 13 Feb SAGITTARIUS Your choices are perfectly clear Loved ones or close companions may be unreasonable but there is probably no escape from emotional tension What you can do however is make a conscious decision to treat all differences of read more Home Markets 2016 02 07 10 49 39 Outlook GDP data Q3 earnings to set market tone GDP IIP and consumer inflation will dictate market movement this week say experts while blue chips SBI and ONGC are also lined up to release their third quarter earnings numbers Sensex end 278 points up on value buying Lupin Vedanta shares surge Top 10 stocks that trended in today s trade Jindal Steel Lupin and more RBI to buy back inflation indexed bonds maturing in 2023 Mutual Fund AUM falls for third straight month in January Companies 2016 02 07 11 47 07 India Post to invest Rs 322 crore to augment parcel capacity In a bid to strengthen its position in the e commerce market India Post has proposed to invest Rs 322 crore till 2019 20 to augment parcel handling capacity through which it projects to earn a revenue of Rs 1 608 crore Facebook bans pages selling medical marijuana in US Aamir Khan loses Snapdeal contract Lupin Q3 net profit dips 12 per cent to Rs 530 crore BSE Institute announces launch of new zone for startups Economy 2016 02 06 19 54 52 Arun Jaitley asks states to step up infra social sector spending Finance Minister Arun Jaitley today said he expects states to increase spending on infrastructure and poverty alleviation schemes as the 14th Finance Commission has devolved higher funds to them Govt approves Rs 17 000 cr highway projects for 9 states Open to idea of separate mechanism for broadcasting cases Arun Jaitley Fattening MGNREGA is a national shame not pride Doubting India s fastest growing GDP stats economists devise their own Tech 2016 02 06 13 34 09 Google engineer builds smart Android powered bathroom mirror A Google engineer has developed a smart Android powered bathroom mirror which automatically displays the latest updates Twitter to launch new Facebook style timeline in 23 countries Mozilla to kill Firefox smartphone operating system InFocus

    Original URL path: http://www.financialexpress.com/author/rohin-kapoor/ (2016-02-08)
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  • Designing, creating and innovating in India | The Financial Express
    system right from primary school to the highest education If we need to create innovate and design we need performing engineers doctors and scientists who are capable of designing products or can at least reverse engineer like the Chinese and then innovate further Design innovation Design skills lie at the top of the pyramid which include a variety of multidisciplinary abilities Creative design requires the essential powers of creative analytical and critical thinking Skilling cannot happen only in a college environment Universities and engineering colleges need to tie up with industries to provide the engineers hands on exposure to live projects within the industry So what should be the action plan for educators Or in other words how can engineering students create and innovate in the next year or two Foundation Educators need to start the process with first year students The laying of strong fundamentals forms the foundation on which the superstructure of engineering practice can be built Fundamental concepts can be better grasped by students when they are explained with the help of simple practical everyday examples of theory Innovation It is then possible to climb the ladder of innovation step by step by teaching students how to think and create starting with simple hands on projects that are made by students as early as the very first semester Action plan for students For students the motto should be empower yourself to learn It is not easy to overhaul the engineering education system Yet we occasionally read about a handful of students who have created a gadget for the farmer or a solar powered vehicle etc How did these students achieve the same in spite of being part of the same system They educated themselves outside the syllabus and college routine Engineering students need to read the latest journals magazines and information online in the core sector of their choice be it electronics mechanical chemical or any other Project work today is considered a dreary chore to be completed by hook or crook to qualify for a degree So as to become a creative engineer students need to break out of this mindset They need to develop the interest to try and make simple projects themselves learn from mistakes through analysis and finally succeed in creating a simple project This exercise itself is bound to provide a lot of pleasure and excitement besides providing invaluable educational insights about the subject Ultimately these very habits of keeping oneself abreast of developments of working with one s hands and trying out an idea in practice are the ones that will stand them in good stead throughout their career Indian students can certainly innovate and create in the next two years by using their imagination and practical experimentation to create products and solutions for everyday life By G Raj Narayan The author is founder MD of Radel Group an aerospace and electronics design and manufacturing organisation He is also the chief mentor of the group s Drona Center for Excellence First

    Original URL path: http://www.financialexpress.com/article/industry/jobs/designing-creating-and-innovating-in-india/191699/ (2016-02-08)
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  • ‘We’re exploring mutually-beneficial partnerships in India’ | The Financial Express
    in the country ranging from our interest in technology education to technology development and research What are your views on the Indian government s Foreign Education Providers Bill The Bill as I understand will allow international universities to set up campuses in India without a local partnership But our model is slightly different It is to collaborate with campuses in the country where we want to develop expertise We are interested in mutually beneficial partnerships An example of such a partnership is the Joint Research Institute in Science and Engineering by Peking University and UCLA in Beijing Among other things its aim is to promote joint collaborative research jointly seek research funding from government and private sources facilitate technology transfer of collaborative research results jointly train students as future leaders with global perspective host exchange faculty and students and facilitate the sharing of teaching materials If you set up a similar centre in India in partnership with an Indian university how will the students benefit Right now we are exploring more India specific models Benefits can range from students of our partner university getting a chance to study at the UCLA For example with the Peking University we have a programme called 3 2 where students complete their three years of undergraduate at the Peking University and in the fourth year they come to the UCLA do research and directly move to a Master s programme at the UCLA Foreign students specifically from India are facing immigration related problems in the US A number of Indian students were in fact deported We have an increasing number of international students coming to the UCLA In fact since 2009 we have more than doubled the number of international students at our campus And to my knowledge none of them have faced any obstacles For Indian students who want to study in the US immigration is not a problem but the cost is travel stay tuition costs are very high Scholarships remain the key to costs coming down First Published on January 11 2016 12 02 am Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A

    Original URL path: http://www.financialexpress.com/article/industry/jobs/were-exploring-mutually-beneficial-partnerships-in-india/191698/ (2016-02-08)
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  • Creating a merit-driven labour market | The Financial Express
    the same is compounded by the absence of a structured and standardised recruitment mechanism to match people to jobs Basically there is no real working equivalent to job boards portals or large structured recruitment firms for the blue collar space And the lack of such scalable systems demotivates industry to invest in this labour ecosystem as it is hard to realise long term value It has also been argued that such systems cannot exist without anchor information to match and connect Assessments and certification information again help solve part of the puzzle in creating a meaningful scalable and effective recruitment ecosystem As a by product skill certifications provide real analytics and benchmarks to assess the effectiveness of various parts of the ecosystem including training up skilling recruitment labour market dynamics and much more In addition it can provide much needed statistics to bring education and training efforts in sync with current industry needs Here I must mention a recent study conducted by Aspiring Minds to assess the employability of trained plumbers The study revealed that about one third of total plumbers are unable to handle real word plumbing situations and almost 40 of plumbers are unable to handle emergency health and safety situations It was also found that as many as 33 plumbers showed lack of adaptation to new environments and managing customer situations with expectations mismatch The study proves that training should focus more on real world situation handling More importantly such figures derived from standardised assessments are of great benefit to skilling initiatives and are the key to successfully scale the quality and reach of the efforts Assessments and certifications are essential to solving many entrenched problems in the vocational skilling ecosystem Hence it is important to understand what makes a good certificate especially because we are used to all kinds of certificates in this country The key to success in certifying blue collar skills and reaping the benefits in the long run is creating statistically reliable and standardised assessments to do the same Unfortunately most efforts so far have been lacking scientific rigour and depth We want every certified mechanic to be of a certain quality with high predictability I certainly hope that as we leverage assessments and certifications as a backbone of the skilling ecosystem much needed attention is being given to the reliability validity and standardisation of the assessments in a truly scientific manner We are all hoping to work towards creating a truly merit driven labour market By Himanshu Aggarwal The author is co founder and CEO Aspiring Minds a global leader in job skills credentialing and matching First Published on January 4 2016 12 04 am Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV

    Original URL path: http://www.financialexpress.com/article/industry/jobs/creating-a-merit-driven-labour-market/187430/ (2016-02-08)
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  • HR will set up business communication standards this year | The Financial Express
    been rising consistently in one of the most welcome developments of 2015 From making it easier for women who had taken a break to rejoin the workforce to mandating that women be represented on company boards corporate India started a push to increase diversity throughout the organisation Although it was a slow start it indicated that 2016 might move beyond mere tokenism to see more of this enlightened trend in the form of women empowerment workshops and executive coaching for women leaders Employee engagement and retention While these have always been crucial areas for HR research by Dale Carnegie Training and other leading brands has established that there are key drivers for employee engagement that differ between countries and cultures But more pertinent for the coming year is the fact that an increasing number of organisations will be assessing their workforce for company specific employee engagement insights Now more than ever in a world with increasing transparency and the reach afforded by social media brands are looking to give their employees a larger purpose and a value proposition that resonates with them These employee engagement interventions help companies understand where they stand and benchmark themselves with other organisations industries and regions Communication Technology has changed the way we interact network and collaborate within the organisational structure Moreover the very nature of employment has undergone a seismic shift with more work from home freelancers intrapreneurs and part time workers on the rise The ease with which we connect with each other can make us forget how vulnerable we would be if our data was breached The recent hack in various government organisations and companies around the world reinforces the importance of sticking to professional business communication and etiquette In the coming year HR will be even more focused on setting up business communication standards and making sure that each employee follows these protocols The future of work looks vastly different from what is was even a couple of years ago Technology has given companies great power and flexibility to build complex mobile workforces It has increased the number of career options available and how people are able to take advantage of them Companies today are more open than ever to helping employees build more accommodating work lives and HR will be at the forefront of these exciting developments in 2016 By Pallavi Jha The author is chairperson managing director Dale Carnegie Training India First Published on January 4 2016 12 03 am Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil

    Original URL path: http://www.financialexpress.com/article/industry/jobs/hr-will-set-up-business-communication-standards-this-year/187428/ (2016-02-08)
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  • The skilling ecosystem has been put in place, the real work begins now | The Financial Express
    private sector to establish fee based skill training centres With over 50 of population expected to be under the age of 25 years by 2020 the challenge will be of ensuring that our youth are adequately prepared to be gainfully employed to meet their aspirations of a better quality of life Initiatives such as Make in India Digital India Smart Cities Mission etc will require a significant number of skilled persons to participate in manufacturing activities involving latest technologies under such missions Today much of the skilling ecosystem is in place It includes National Skills Qualification Framework for identifying competency based skill levels required by industry Sector Skill Councils established in all key sectors bringing required industry sector connect in skill development funding mechanism for encouraging skill development and training institutes in PPP mode schemes for adoption of government owned vocational training centres by the private sector and labour market information systems for matching skill demand and supply Yet a lot remains to be done especially in terms of changing societal attitude which traditionally has preferred formal higher education over skill training through targeted awareness campaigns integration of skilling in formal school education attracting and retaining talent in teaching skills through making it an attractive career option and encouraging industry to differentiate certified trained skilled persons from those not formally certified The intent to promote formal skilling has already been established Going forward turning this intent into reality will require all key actors including governments at both central and state levels implementing policies and enabling regulations training providers offering affordable courses with curriculum aligned to industry requirements and getting themselves accredited by concerned sector skill councils industry willing to pay premium compensation to certified trained youth as compared to unskilled informally trained persons and finally the youth opting for formal skill development courses as a career choice If achieved over time India will attain its vision of becoming the talent capital of the world By Anindya Mallick The author is partner Deloitte India First Published on January 4 2016 12 02 am Please Wait while comments are loading Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in

    Original URL path: http://www.financialexpress.com/article/industry/jobs/the-skilling-ecosystem-has-been-put-in-place-the-real-work-begins-now/187429/ (2016-02-08)
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  • Blueprint for the New Year | The Financial Express
    of Teacher Survey 2014 teachers feel that half of the students 50 entering a class or grade lack the skills academic cognitive and vocational required for that level signifying low orientation of the system on skill development In fact parents are increasingly shifting their children to institutes offering better learning outcomes Therefore there is a need to foster a shift from an input centric pedagogical approach to a learner centric approach to impart holistic learning in early years Engagement with industry to link education with employability A lot of recent studies indicate that the students passing out from the current higher education system are not adequately prepared for employment There is a huge gap between the supply of skilled manpower and its demand in the labour market There is a need for Indian higher education institutions to collaborate with the industry to understand and impart relevant skills among learners to make them job ready The government has worked with the big picture in mind developing a holistic and integrated view Two visionary initiatives are Digital India and Skill India the latter with a mandate to train and skill 500 million youth in the next seven years Combine that with the flagship Make in India initiative and we have the making of an economy where technologically skilled manpower is made ready for a manufacturing focused growth agenda But for adequate implementation of the skill agenda it is important to marry higher and vocational education For that it is equally important to raise the image of vocational education to bring it at par with higher education This can be achieved by ruthlessly adopting and provisioning the National Skills Qualification Framework NSQF as the only national standard This will help align vocational with conventional education and give flexibility to learners to move between the two streams Apprenticeships is another neglected area Our 53 year old apprenticeship law if revisited can supplement in addressing these employability gaps Promotion of ICT systems in school and adult education Information and communication technology ICT systems can potentially make a significant difference in improving the quality of education Integrated learning solutions like MyPedia could change the way education is delivered in Indian schools Promoting open and distance learning ODL and online courses Conventional education alone can t meet the needs and aspirations of higher education ODL is accepted as an important mode of ensuring access developing skills capacity building training and employability Global players in India could form many more alliances to get the best names in international education space to offer customised courses for Indian learners Internationalisation of higher education Globalisation has resulted in greater cross border higher education However there has to be a better policy that encourages collaboration and student faculty mobility Work related qualifications offer lateral entry to a lot of prestigious universities Unfinished agenda outlook 2016 As challenges continue there is greater potential in the integration of technology into the schooling system A number of studies show that children learn best at their

    Original URL path: http://www.financialexpress.com/article/industry/jobs/towards-world-class-indian-education-blueprint-for-the-new-year/184327/ (2016-02-08)
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