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Posted on 28-11-2013

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20 FDI Proposals Worth Rs.916 Crore Cleared

Posted on 26-11-2013

The government Tuesday said it has cleared 20 proposals of foreign direct investment (FDI) worth Rs.916 crore, including Singapore Airlines plan to start a full service airline in partnership with Tata Sons.

Singapore Airlines has formed a joint venture with Tata Sons to run full service airline. In the joint venture, Singapore Airlines will control 49 percent while Tata Sons will have the majority stake of 51 percent.

This will result in FDI inflow of Rs.303.18 crore ($49 million), the finance ministry said in a statement.

Other major FDI inflow of Rs.225 crore is related to Intas Pharmaceuticals Ltd. The company will issue fresh equity shares to eligible non-resident investors and by an offer for sale by an existing foreign investor Mozart Limited.
 

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India declared itself free from Bird Flu Posted on 12-11-2013

India on 12 November 2013 declared itself free from Notifiable Avian Influenza (H5N1),

commonly called bird flu and notified the same to World Organisation for Animal Health (OIE).

India notified the outbreak of the Avian Influenza (H5N1) at poultry production unit, College of Veterinary Sciences and Animal Husbandry,

Anjora, Durg and Government Poultry Farm, Jagdalpur, Chhattisgarh on 05th August, 2013.

The control measures adopted in the outbreak was taken in form of stamping of the entire poultry population and it included the destruction of eggs,

litters, feed and other infected materials within the radius of one kilometer around the location of the outbreak, restriction of the poultry movement,

disinfection and cleaning up of the infected premises and subsequently issuing of the Post Operation Surveillance Plan (POSP).

On 12 August 2013 the POSP was issued.

Although India is free from the bird flu, but regular surveillance will be continued across the country especially in the vulnerable areas that

is bordered by the infected countries and in areas which are visited by migratory birds.

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Govt to set up 120 community colleges soon

Post on 14-11-2013

The Government is moving towards setting up a framework of community colleges based on the North American model, Minister of State, HRD, Shashi Tharoor, said on Wednesday.

He was speaking at the FICCI Higher Education Summit 2013 in New Delhi.“We are rolling out 200 community colleges, out of which 120 would be by this year. There would be some academic courses, but bulk of the courses would be vocational training. After two years, a student can leave with a diploma as a certified skill of a particular profession,” Tharoor said.

A community college is like a halfway house between a pure vocational training institute and a university. More research in universities The Minister also stressed on the need to focus on research at universities.

“We have heard far too many laments that no Indian university is in the world rankings of top 200 universities in the world. It is because of the nature of our education system. We called in the Times Higher Education to brief us on what goes into the ranking. It turns out that 30 per cent of weightage is given to research and another 30 per cent on citations of published research. In India, traditionally, we have teaching universities doing very little research, and research is being done at small and specialised institutions which do very little teaching. So, the result is we haven’t had contenders in these rankings,” he said.

He also called upon private Indian companies to fund more research at universities.

“Our Prime Minister has said he wants to double the percentage of GDP spent on research from 1 per cent to 2 per cent. We have not been able to move towards fulfilling this vision. In our country, about 80 per cent of the total spendingon research is being done by the Government, whereas in the OECD countries or Western countries,75 per cent of R&D spending comes from the private sector.”

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