Loading...

Top
Help
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    Rupee falls 11 paise to close at 95.28 against US dollar on firm crude oil prices
    Loan Utsav 2026: Bajaj Finance Personal Loan Now Comes with an Exclusive Reward Bundle for Eligible Customers
    Freedom to Spend Smarter: AU Small Finance Bank Credit Cards Bring Rewards, EMI Flexibility and Lounge Access to India''s Biggest Shopping Month
    Rupee falls 8 paise to 95.25 against US dollar in early trade
    APEDA Facilitates First-Ever Export of GI-tagged Mithila Makhana by Sea Route from Bihar to Australia
    Government signs strategic MoUs with key industry leaders and ecosystems to strengthen support to StartUps
    No Charges for UPI Users
    Competition Commission of India (CCI) hosts BRICS Heads of Competition Authorities 2026 meeting
    ICoAS fraternity reaffirms commitment to cost optimisation for Atmanirbhar Bharat on ICoAS day 2026
    Govt to introduce bill in Lok Sabha to broaden NCDC's mandate for co-operative sector growth
    AAP govt indulged in large-scale financial irregularities, caused losses to exchequer: Delhi minister
    ED files chargesheets in 2 PMLA cases against Anil Ambani Group companies, ex-executives
    RJD criticises UDF govt's move not to disburse pensions through cooperative banks
    Raymond Limited reports a healthy Q1 FY27 performance
    Why Most People Choose the Wrong Savings Account And How Not to Be One of Them
    RBI has proactively helped UCBs; cooperatives should look at regulator differently: Shah
    Ministry of Agriculture, Food and Rural Affairs and aT Host '2026 K-Food Fair in New Delhi, India'
    No compromise on tackling illegal immigrants' issue: Minister Priyank Kharge
    Technology, transparency key for urban cooperative banks to stay competitive: Shah
    Paul Merchants Gets RBI Approval for Perpetual AD Category-II Licence Under Revised FEMA Framework
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

News
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries
August 10, 2026
Show AI Summary
Rupee depreciation reflected stronger dollar, elevated crude prices and geopolitical uncertainty, while portfolio inflows and equity gains provided support.
The rupee depreciated against the US dollar amid a stronger dollar, higher global crude oil prices and uncertainty surrounding West Asia-related negotiations. Concerns over crude oil's potential impact on the trade deficit weighed on the currency, while positive domestic equity markets and foreign portfolio investment inflows provided support. Market caution remained focused on forthcoming US inflation data, dollar-index movements and Brent crude prices. Foreign-exchange reserves increased during the reported period.
August 10, 2026
Show AI Summary
Collateral-free personal loans offer extended repayment flexibility, conditional reward benefits, and online application subject to eligibility and disbursal requirements.
Loan Utsav 2026 provides eligible Bajaj Finance Personal Loan applicants an exclusive reward bundle where the loan is successfully disbursed during the campaign period. The collateral-free facility supports personal expenses, offers repayment tenures from 12 to 108 months, and may enable lower monthly EMI obligations through a longer selected tenure. Interest rates depend on eligibility, credit assessment, financial profile and lending criteria. Online applications require personal and financial details and required documents, with disbursal for eligible applicants possible after verification and approval.
August 10, 2026
Show AI Summary
Credit card payment flexibility supports seasonal shopping and travel through eligible EMIs, rewards, tracking tools and conditional merchant benefits.
Credit-card spending features include conversion of eligible purchases into EMIs, selected no-cost EMI options, reward points, cashback, merchant discounts and payment flexibility. Travel-related benefits may include domestic airport lounge access, travel-booking discounts, fuel-surcharge waiver and anniversary-linked rewards. The AU 0101 application enables transaction tracking, balance and interest-rate monitoring, EMI conversion and bill-payment management. Features and offers are subject to change, customer eligibility, internal policies and partner-merchant terms.
August 10, 2026
Show AI Summary
Foreign-exchange market conditions weakened the rupee as stronger dollar and crude prices offset support from reserve growth and inflows.
Foreign-exchange market conditions saw the rupee weaken against the US dollar in early trading, influenced by a stronger dollar and higher global crude oil prices. Foreign institutional equity inflows and increased foreign-exchange reserves moderated pressure on the rupee. Market attention remained focused on developments in West Asia and the Reserve Bank of India, alongside movements in the dollar index, crude oil prices and domestic equity markets.
August 10, 2026
Show AI Summary
GI-tagged Mithila Makhana export facilitation expands sea-route market access while supporting quality compliance and farmer-linked value chains.
Export facilitation for GI-tagged Mithila Makhana enabled the first commercial sea-route shipment from Bihar to Australia. APEDA, in association with the Bihar agriculture department, supported market access, coordination, capacity building and stakeholder engagement. The export model is intended to improve farmer price realisation, require adherence to global quality standards, and strengthen growers, processors and exporters. A separate HS Code for Makhana has taken effect under the Finance Bill, 2025, supporting product-specific trade classification.
August 10, 2026
Show AI Summary
Startup ecosystem support expands through digital payments, cloud access, AI innovation, investment readiness, governance support and global market programmes.
DPIIT has entered into strategic MoUs to support DPIIT-recognised startups through payment infrastructure, entrepreneurship development, cloud technology, mobility innovation, investment readiness and global-market access. Eligible startups may receive payment and cloud support, technical training, mentorship, startup formalisation assistance, market and investor connections, AI and mobility enablement, and programmes addressing governance, financial readiness, compliance and international expansion. The collaborations promote innovation across digital payments, clean energy, artificial intelligence, climate technology, advanced manufacturing, mobility and automotive technology.
August 10, 2026
Show AI Summary
UPI transaction charges remain unavailable for consumers and person-to-person payments, while limited threshold-based merchant MDR may be considered.
Proposed amendment of section 10A of the Payment and Settlement Systems Act, 2007 is intended to support UPI sustainability, technological advancement and resilience. Consumer payments and person-to-person transactions are to remain free. Any future merchant discount rate would apply only to limited merchant transactions above a threshold, at a nominal rate, while most merchant transactions remain free. The framework supports investment in cybersecurity, fraud prevention and infrastructure, alongside a self-sustaining and inclusive digital-payment ecosystem.
August 10, 2026
Show AI Summary
Fair competition cooperation in renewable energy markets advances knowledge-sharing and evidence-based enforcement across interconnected digital and energy markets.
BRICS competition authorities adopted a Joint Statement strengthening cooperation to promote fair competition, including in renewable energy markets. Cooperation focuses on dialogue, knowledge-sharing and consideration of cross-border competition challenges in digital markets, emerging technologies and the energy transition. Competition enforcement is to remain principled and evidence-based, supporting efficiency, consumer welfare, innovation and merit-based competition. A collaborative renewable-energy competition study identified evolving market dynamics and areas for future cooperation.
August 10, 2026
Show AI Summary
Cost optimisation in public finance strengthens investment decisions, risk allocation, indigenous manufacturing and value-driven government expenditure through specialised financial expertise.
ICoAS cost optimisation supports public financial management through prudent resource utilisation, financial oversight and improved cost management across government. Its role includes supporting indigenous manufacturing, better investment decisions, efficient public expenditure and maximum value for public spending. With greater private-sector participation and Public-Private Partnerships, ICoAS officers are expected to promote cost efficiency, appropriate risk allocation and sound project structuring. Capacity building emphasises integrity, financial modelling, data visualisation, analytical frameworks and artificial intelligence for improved public-finance management.
August 9, 2026
Show AI Summary
Co-operative development financing would expand through direct assistance, share-capital participation and wider operational powers for sectoral support.
National Cooperative Development Corporation (Amendment) Bill, 2026 proposes to broaden the Corporation's mandate to promote co-operative development. It would permit direct loans and grants to co-operative societies and other entities engaged in co-operative development, where funds are used for co-operative purposes. With Central Government approval, the Corporation could participate in the share capital of such entities. The proposals also expand the meaning of foodstuffs, remove geographical restrictions for industrial-goods assistance, and provide additional functional powers.
August 9, 2026
Show AI Summary
GST compliance failures and electricity subsidy controls raise allegations of financial irregularities and potential losses to the public exchequer.
Allegations based on a Comptroller and Auditor General report identified purported GST compliance failures involving outstanding tax liabilities, e-way bills generated after cancellation of GST registrations, limited bill scrutiny, non-compliance, and turnover mismatches. The allegations also concerned electricity subsidies extended to consumers with prolonged zero bills or apparent non-residence, presenting these issues as possible financial irregularities and losses to the public exchequer.
August 9, 2026
Show AI Summary
Money-laundering prosecution complaints allege fund diversion through shell entities, credit-facility evergreening, layered transactions and fictitious project expenditure.
Money-laundering prosecution complaints allege that funds from toll-road projects and credit facilities were diverted through group companies, contractors, shell entities and conduit accounts. In the toll-road matter, allegedly sham or back-dated subcontracting arrangements and subsequent documentation were used to portray transfers as genuine project expenditure. In the credit-facilities matter, fresh facilities were allegedly used to repay, rotate and evergreen earlier liabilities rather than for sanctioned end-use, with funds layered and presented as legitimate business expenditure or receipts. Attached assets are sought to be confiscated as alleged proceeds of crime.
August 9, 2026
Show AI Summary
Direct Benefit Transfer pension disbursement replaces cooperative-bank doorstep delivery, while preserving home payments for beneficiaries unable to use bank accounts.
Direct Benefit Transfer of social security and welfare pensions to Aadhaar-linked bank accounts is intended to replace cooperative-bank doorstep delivery, except for bedridden and similarly situated beneficiaries. The change addresses delays in remitting undistributed pensions, deficient record updates and reconciliation, duplicate payments, delivery incentives, and compliance with Direct Benefit Transfer norms. Criticism focuses on beneficiary access to linked commercial-bank accounts, possible minimum-balance deductions, exclusion of cooperative banks, and the effect on doorstep-delivery workers.
August 8, 2026
Show AI Summary
Engineering business growth supported Raymond's first-quarter performance, with export expansion, capacity investment and net-debt-free financial flexibility.
Raymond Limited reported unaudited first-quarter FY27 growth in total income, EBITDA and profit before tax before exceptional items, while remaining net-debt-free with a net cash surplus. Its Engineering business comprises Precision Technology & Auto Components and Aerospace & Defence. Growth in the former was attributed to export expansion, operating leverage, product mix and cost reductions. Aerospace & Defence growth was linked to production for global OEMs, portfolio expansion and increased capacity, although margins were affected by targeted research and development investment. Forward-looking statements remain subject to regulatory, political, economic and technological risks.
August 8, 2026
Show AI Summary
Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
Savings-account selection should compare effective interest returns under slab-based rates, recurring operating charges and the customer's actual banking needs. Net value depends not only on advertised rates but also on relevant minimum-balance, card, ATM, alert and transfer fees. Digital reliability, customer support, branch availability and ATM access should be assessed according to the customer's average balance, cash use, transfer frequency, travel patterns and need for in-person assistance. The suitable account is one that matches real banking behaviour.
August 8, 2026
Show AI Summary
Urban cooperative bank regulation promotes licensing, governance, compliance support and cybersecurity measures to strengthen stability and depositor confidence.
Urban cooperative banks are encouraged to recognise regulatory support through liberalised branch opening, doorstep banking, demand drafts, life certificates, dedicated regulatory coordination, enhanced gold-loan limits, one-time settlements and progress towards on-tap licensing. Sound governance is material to sectoral stability, while small-borrower lending is presented as a comparatively safe lending segment. The umbrella body can support member banks through technical expertise, compliance assistance, cybersecurity solutions and participation in a security operations centre to strengthen depositor confidence.
August 8, 2026
Show AI Summary
Korean food export promotion combines buyer consultations, regulatory guidance and consumer experiences to support entry into Indian and South Asian markets.
Korean food export promotion in India and South Asia combined business consultations with consumer-facing activities. Individual meetings connected Korean exporters with regional buyers and generated memoranda of understanding for products including frozen gimbap, ginseng wine and kombucha. Exporters received on-site guidance concerning non-tariff barriers, including food import customs clearance and certification requirements. Preparatory online sessions addressed import procedures, regulatory matters and consumer trends, while consumer events promoted Korean food through tasting, retail and experiential activities.
August 8, 2026
Show AI Summary
Illegal immigration enforcement prioritises dismantling entry, documentation and employment networks while requiring citizens to report information through police channels.
Illegal immigration enforcement involves continuous identification and verification operations, coordination with relevant officials, and confidential investigation of networks facilitating entry, identity documentation, accommodation and employment. Enquiries extend to intermediaries, contractors, Aadhaar procurement and verification practices, rather than focusing only on apprehended individuals. Citizen vigilantism, moral policing and social-media targeting of suspected migrants are discouraged because they may compromise investigations; information should instead be given through proper police channels.
August 8, 2026
Show AI Summary
Technology, transparency and governance strengthen urban cooperative banks through modern customer services, depositor protection and cooperative-sector support.
Technology adoption, transparency, sound governance and modern customer services are identified as necessary for urban cooperative banks to remain competitive. Banks are encouraged to join the sector's umbrella organisation and self-regulatory body, which provides capital, information-technology infrastructure and liquidity support. Protection of depositors' money remains a regulatory responsibility, while banks are expected to improve governance, train staff, adopt technology and enhance customer-centric services. Customer prosperity and reduced perception gaps between the central bank and urban cooperative banks are emphasised as measures to strengthen the sector.
August 8, 2026
Show AI Summary
Authorised Dealer Category-II licensing expands permissible FEMA current account and foreign trade transaction services for cross-border payment customers.
An Authorised Dealer Category-II approval under the Foreign Exchange Management (Authorised Persons) Regulations, 2026 enables Paul Merchants to undertake additional permissible non-trade current account transactions under FEMA, excluding gifts and donations, and foreign trade transactions within the applicable per-transaction limit. The approval supports foreign exchange and cross-border payment services, including overseas remittances for education, medical treatment, travel, and conference or event participation.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters

EDUCATION THE CORE PILLAR OF HUMAN CAPITAL AND CENTRAL TO SHAPING THE NATION’S GROWTH PATH TOWARDS VIKSIT BHARAT @2047 : ECONOMIC SURVEY 2025-2026

January 29, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

ACHIEVEMENTS IN EDUCATION MARKED BY ENHANCED LITERACY RATES, INCREASING ENROLMENT IN SCHOOLS AND HIGHER EDUCATION INSTITUTIONS, PROVISION OF VOCATIONAL EDUCATION AVENUES, SAYS THE SURVEY

GROSS ENROLMENT RATIO (GER) REACHES AT 90.9 FOR PRIMARY STAGE AND 90.3 FOR UPPER PRIMARY STAGE

INDIA NOW HAS 23 IITS, 21 IIMS, AND 20 AIIMS, ALONGSIDE TWO INTERNATIONAL IIT CAMPUSES IN ZANZIBAR AND ABU DHABI

ACADEMIC BANK OF CREDIT COVERS 2660 INSTITUTIONS, WITH OVER 4.6 CRORE IDs ISSUED

FLEXIBLE ENTRY-EXIT PATHWAYS AND BIANNUAL ADMISSIONS INTRODUCED BY 153 UNIVERSITIES TO ACHIEVE THE NEP TARGET OF 50 % GER BY 2035

INDIAN HEIs TO OFFER TWINNING, JOINT, AND DUAL DEGREE PROGRAMMES WITH REPUTED FOREIGN UNIVERSITIES, WHILE 15 FOREIGN HEIs ARE EXPECTED TO SET UP CAMPUSES IN INDIA

STRUCTURED SKILLING PATHWAYS IN SECONDARY SCHOOLS TO PROVIDE EARLY EXPOSURE TO EMPLOYABLE COMPETENCIES, SAYS ECONOMIC SURVEY 2025-2026

In the education space, progress in school and higher education has been at the back of enhanced quality and access through community engagement, effective assessments, improved accountability, and stronger alignment between education and skill requirements states the Economic Survey 2025-2026 tabled in Parliament today by Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman .

According to the Survey, the achievements in the education space have been marked by enhanced literacy rates, increasing enrolment in schools and higher education institutions, provision of vocational education avenues, etc. The Right to Education Act 2009 and the National Education Policy 2020 (NEP) have played a crucial role in shaping the education landscape by expanding access to quality education universally, promoting equity, and driving innovation in teaching and learning.

India has made notable gains in school enrolment by strengthening infrastructure and teacher capacity, with schemes like Poshan Shakti Nirman and Samagra Shiksha Abhiyan promoting access and equity. Gross Enrolment Ratio (GER) are 90.9 at the primary stage (Grade I to V), 90.3 at the upper primary (Grade VI to VIII), 78.7 at the secondary stage (Grade IX and X) and 58.4 at the higher secondary stage (Grade XI and XII).

Progress in school education

School education forms the foundation of human capital and is central to shaping the nation’s growth path towards Viksit Bharat @2047. Experiences from fast-growing Asian economies clearly demonstrate that consistent investments in education, skills development, and technology can significantly enhance productivity, foster innovation, and accelerate economic transformation.

To fully convert its vast human resource base into high-quality human capital, India needs to raise its Expected Years of Schooling (EYS) to 15-year set by NEP’s 5+3+3+4 schooling structure for ages 3-18. This requires a holistic, lifecycle approach that encompasses early childhood education, foundational literacy and numeracy (FLN), universal secondary schooling, and the seamless integration of vocational and digital skills.

To achieve the goals of NEP, the government launched school-level schemes such as the Sarv Shiksha Abhiyan, ULLAS, PM-SHRI(PM-Schools for Rising India), PM POSHAN (PM Poshan Shakti Nirman) and initiatives, such as PARAKH, Vidya Pravesh, DIKSHA (Digital Infrastructure for Knowledge Sharing), NIPUN Bharat Mission and Atal Tinkering Labs.In school education, the policy emphasises Early Childhood Care and Education (ECCE), FLN, reducing dropouts, ensuring universal access, revamping curriculum and pedagogy, strengthening teacher capacity, promoting equity, and improving quality.

School infrastructure

India operates one of the world’s largest school systems, serving 24.69 crore students across 14.71 lakh schools, supported by over 1.01 crore teachers (UDISE+ 2024-25). Aligned with the NEP goal of achieving a 100 per cent gross enrolment ratio (GER) from pre-primary to secondary education by 2030, steady progress has been observed across all school levels.

GER scores, as per NEP academic structure, are 95.4 at the preparatory stage (Grade III to Grade V), 90.3 at the middle stage (Grade VI to Grade VIII), and 68.5 at the secondary stage (Grade IX to Grade XII).  Various Government of India schemes have been instrumental in improving the GER . These include setting up of 13,076 PM shri Schools in 33 states / UTs, Co-location of Anganwadi Centres in 2,99,544 Schools to create a unified and strengthened Early childhood Care and Education (ECCE)  system for universal access to high quality learning. Schemes like Jaadui Pitara, e Jaaduai pitara, Kitab Ek Padhe Anek and Bhartiya Bhasha Pustak Scheme has made teaching material available to children in local languages 

India has made notable gains in school enrolment by strengthening infrastructure and teacher capacity, with schemes like Poshan Shakti Nirman and Samagra Shiksha Abhiyan promoting access and equity. Improving infrastructure, teacher skills through strengthened DIETs (District Institute of Education & Training), and SCERTs (State Council of Educational Research and Training), and involving parents and communities in governance can create an inclusive, learner focused environment. Combining these strategies with curriculum and assessment reforms aligned with NEP and the use of digital platforms such as PM e-Vidya can provide high-quality, equitable education, even in remote areas.

Improvement in learning outcomes

Since 2001, National Achievement Surveys (NAS) conducted by the National Council of Educational Research and Training (NCERT) have provided valuable insights into the school education system. Building on this and with a focus on competency-based learning, PARAKH (Performance Assessment, Review, and Analysis of Knowledge for Holistic Development) Rashtriya Sarvekshan 2024 was launched. The PARAKH 2024 findings inform that Grade III results show promising recovery post-COVID. Compared to NAS 2021 and 2017, Grade III proficiency levels have rebounded significantly, with 65 per cent of students proficient in Mathematics (up from 42 per cent in 2021) and 57 per cent in Language (up from 39 per cent).

School-to-skill pathways

Embedding structured skilling pathways in secondary schools can make education more relevant, provide early exposure to employable competencies, and transform schools into hubs of lifelong learning. The PLFS 2023-24 highlights the limited coverage of training, with only 0.97 per cent of 14-18-year-olds having received institutional skilling while nearly 92 per cent have none. Addressing this gap is crucial for leveraging India’s demographic dividend. Skill education in schools would equip young people with market-aligned skills, particularly in the service sector, which absorbs over half of the formally trained youth, while reducing dropouts by linking education to economic opportunities.

Higher education

The number of higher education institutions (HEIs) has increased from 51,534 in 2014-15 to 70,018 as of June 2025.  This increase is marked by substantial growth in universities and colleges. The number of premier higher education institutions (HEIs) has expanded significantly between 2014-15 and 2024-25. It now stands at 23 IITs, 21 IIMs, and 20 AIIMS, alongside the establishment of two international IIT campuses in Zanzibar and Abu Dhabi.

The All-India Survey on Higher Education (AISHE), 2022-23 (Provisional), reports an increase in student enrolment from 4.33 crore in 2021-22 to 4.46 crore in 2022-23.

Under the NEP, the higher education system has undergone several reforms. The National Credit Framework (NCrF), which aims to blend academic and skills-based learning, has been adopted by 170 universities. The Academic Bank of Credit covers 2,660 HEIs, with over 4.6 crore IDs issued, including 2.2 crore APAAR IDs with credits.

 Flexible entry-exit pathways and biannual admissions have been introduced by 153 universities to achieve the NEP target of 50 per cent GER by 2035.

 Aligned with the NEP  to build robust R&D capacity, Anusandhan National Research Foundation have been established to nurture a research-driven culture across universities, colleges, and research institutions nationwide.

To improve the quality of technical education, the Multidisciplinary Education and Research Improvement in Technical Education (MERITE) Scheme has been approved recently for 275 technical institutions, including 175 engineering colleges and 100 polytechnics.

Industry-academia integration in STEM education

The NEP aims to integrate vocational training with general education and to encourage collaboration between industry and academia within HEIs. Industry-academia linkages in the higher education sphere have traditionally emphasised research collaborations, such as joint research, consulting, and technology transfer. One such measure is the introduction of the ‘Professor of Practice’ (PoP) category at HEIs by the UGC and the AICTE. The PoP concept allows industry professionals to bring real world practices and experiences into the classroom and also augment faculty resources in HEIs. Complementing this, the AICTE-Industry Fellowship Programme aims to bridge the gap between academia and industry through active faculty engagement.

Internationalisation of Higher Education

NEP aims at ‘Internationalisation’ of higher education by making the Indian education system self-reliant and comparable to global standards and norms, enabling it to attract more students from abroad and reduce outbound student migration.

UGC issued the Regulations on Academic Collaboration between Indian and Foreign Higher Educational Institutions, 2022, enabling Indian HEIs to offer twinning, joint, and dual degree programmes with reputed foreign universities. Further, 100 per cent foreign direct investment (FDI) is allowed in higher education. These efforts are reinforced by the UGC (Setting Up and Operation of Campuses of Foreign Higher Educational Institutions in India) Regulations, 2023, under which 15 foreign HEIs are expected to set up campuses in India.

India’s policy ecosystem for internationalisation has become more enabling, with the introduction of the NEP, updated UGC guidelines, regulations for academic collaboration and mutual recognition of qualifications, and permissions for foreign branch campuses, including those in GIFT City.

India's education sectors require unwavering focus to unlock the nation's true potential through integrated, accountable, and adaptive policy frameworks to build a future ready workforce.

Topics

Acts Income Tax