7/29/2019 500 Technical Colleges May Face Closure Mint 150411

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www.livemint.com FRIDAY, APRIL 15, 2011, DELHI03

Leading the News

500 technical colleges mayface closure over violations

The ministry official said theconcerned authorities have al-ready prepared a report basedon the “surprise raids” and arehearing what the erring insti-tutes have to say. “We believein fair play and hence have giv-en a chance to these collegesto give their version. At least

210 such colleges have already made their points by person tothe AICTE.”

The move has come nearly one-and-a-half-years after theUniversity Grants Commission,

® FROM PAGE 1 the key university education reg-ulator, “blacklisted” 44 deemeduniversities for failing quality and infrastructure parameters.The deemed university issue isnow pending in the SupremeCourt following these institutesmoving court.

 After he aring the colleges, theexpert panel, comprising 21 ex-perts and officials from the tech-

nical education field, will decideon how many should be sent clo-sure notices, the official added.

Both AICTE and the ministry official said the names of the in-stitutes would be made public

after the entire procedure iscompleted.

 Without giving names, Hadasaid at least 10 colleges have al-ready been served the withdraw-al-of-approval notice. “This is afirst-of-its-kind step by AICTE.

 We want fair play for all—stu-dents, parents, educational insti-tutes and the education system.They are free to appeal again.”

The surprise checks are con-ducted by three persons—twoeducational experts and an ar-chitect. They verify several cre-dentials such as land transferand ownership, building plans,

infrastructure, quality of educa-tion and faculty among otherthings.

The ministry official says of the 500 colleges, a majority of them are teaching engineeringand management courses. Statessuch as Andhra Pradesh andTamil Nadu lead in the numberof colleges being examined.

There are some 8,000 techni-cal education institutions in thecountry, with at least two millionstudents pursuing technical edu-cation courses. An estimated50,000 students are enrolled inthe 500 colleges under scanner,according to the ministry official.Once an institute faces closure,the concerned state government

 will be responsible for shiftingthe students to another institute,the official said.

Such scrutiny is critical formaintaining standards, said J.

 Veeraraghavan, a former educa-tion secretary.

“Powerful people are runningprofessional colleges. (They) aremaking money and AICTE must

come down hard on them,” hesaid. “I believe AICTE should en-gage in constant inspection and

 work with them with a focus onsubstance in curricula andteaching methods.”

The quality checks should beconducted by permanent em-ployees rather than temporary ones as is the practice now,

 Veeraraghavan added. AICTE was cleaned up after

some of its top officials were ar-rested for corruption in 2009. Af-ter their removal, the ministry restructured the council, whichhas taken several pro-activemeasures to streamline the tech-nical education sector in thecountry in the last 18 months.The most important of these wasthe e-application and e-approval

system adopted by AICTE sincethe last academic session. It alsoasked all colleges for details of both physical and intellectual in-frastructure, including details of faculty and their qualifications.

1. Academy of Maritime Education and

Training, Chennai, Tamil Nadu

2. Bharath Institute of Higher Educationand Research, Chennai, Tamil Nadu

3. BLDE University, Bijapur, Karnataka

4. Chettinad Academy of Research and

Education, Padur, Tamil Nadu

5. Christ College, Bangalore, Karnataka

6. DY Patil Medical College, Kolhapur,

Maharashtra

7. Dr MGR Educational and Research

Institute, Chennai, Tamil Nadu

8. Graphic Era University, Dehradun,

Uttarakhand

9. Gurukul Kangri Vishwavidyalaya,

Haridwar, Uttarakhand

10. HIHT University, Dehradun, Uttarakhand

11. Institute of Advanced Studies in Education

of Gandhi Vidya Mandir, Sardarshahr,

Rajasthan12. Jain University, Bangalore, Karnataka

13. Janardan Rai Nagar Rajasthan

Vidyapeeth, Udaipur, Rajasthan

14. Jaypee Institute of Information

Technology, Noida, Uttar Pradesh

15. Kalasalingam Academy of Research and

Education, Virudhunagar, Tamil Nadu

16. Karpagam Academy of Higher

Education, Coimbatore, Tamil Nadu

17. Krishna Institute of Medical Sciences,

Satara, Maharashtra

18. Lingaya’s University, Faridabad, Haryana

19. Maharishi Markandeshwar University,Ambala, Haryana

20. Manav Rachna International University,

Faridabad, Haryana

21. Meenakshi Academy of Higher

Education and Research, Chennai, Tamil

Nadu.

22. Mody Institute of Technology and

Science, Sikar, Rajasthan

23. National Museum Institute of the

History of Art, Conservation and

Museology, Delhi

24. Nava Nalanda, Nalanda, Bihar

25. Nehru Gram Bharati Vishwavidyalaya,

Allahabad, Uttar Pradesh

26. Noorul Islam Centre for Higher

Education, Kanyakumari, Tamil Nadu27. Periyar Maniammai Institute of Science

and Technology, Thanjavur, Tamil Nadu

28. Ponnaiyah Ramajayam Institute of 

Science and Technology, Thanjavur,

Tamil Nadu

29. Rajiv Gandhi National Institute of YouthDevelopment, Sriperumbudur, Tamilnadu

30. Santosh University, Ghaziabad, UttarPradesh

31. Saveetha Institute of Medical and

Technical Sciences, Chennai, Tamil Nadu

32. Shobhit Institute of Engineering andTechnology, Meerut, Uttar Pradesh

33. Siksha Anusandhan, Bhubaneswar,

Orissa

34. Sri Balaji Vidyapeeth, Puducherry

35. Sri Devaraj Urs Academy of Higher

Education and Research, Kolar, Karnataka

36. Sri Siddhartha Academy of Higher

education, Tumkur, Karnataka

37. St Peter’s Institute of Higher Education

and Research, Chennai, Tamil Nadu

38. Sumandeep Vidyapeeth, Vadodara, Gujarat

39. Tilak Maharashtra Vidyapeeth, Pune,

Maharashtra

40. Vel Tech Rangarajan Dr Sagunthala R&D

Institute of Science and Technology

41. Vel’s Institute of Science, Technology and

Advanced studies (VISTAS), Chennai,Tamil Nadu

42. Vignan’s Foundation for Science

Technology and Research, Guntur,

Andhra Pradesh

43. Vinayaka Mission Research Foundation,

Salem, Tamil Nadu

44. Yenepoya University, Mangalore,Karnataka

A Central government panel had “blacklisted” the following 44 deemed universities, which had moved theSupreme Court against the decision.

Source: Mint research

FUTURE TENSE

BRICS SUM M IT

Leaders call for supervision in commodity marketsBLOOMBERG

 feedb ack@li vemin t.com·························SANYA, CHINA

The leaders of Brazil, Russia,India, China and South Af-

rica said excessively volatilecommodity prices pose a threatto the global economy andcalled for greater regulation of derivatives markets.

The leaders also expressedmisgivings about NATO-led airstrikes in Libya and urged anend to the fighting which, to-gether with political unrest else-

 where in the Arab world, hasadded to the global uncertainty.

 Volatility poses new risks forthe ongoing recovery of the

 world economy, the leaderssaid, according to a communi-que from their summit in theChinese resort of Sanya. BRICS,as the five are known, alsocalled for greater vigilance overthe impact of the flow of capitalfrom developed economies intoemerging markets and agreed

on a plan to make more loans inlocal currencies.

Rising food and fuel pricesare pressuring importers suchas China and India to holddown prices for their 2.6 billionpeople. Exporting countriessuch as Brazil, Russia and South

 Africa are benefiting from thetrade, yet are concerned thatover-reliance on resources willstifle diversification of theireconomies, leaving them vul-nerable should demand drop.

The fiscal outlook for emerg-ing economies is more favoura-ble, but this reflects in part thetailwinds of high asset and com-

modity prices, low interest

rates, and strong capital in-flows, the International Mone-tary Fund (IMF) said in a reportthis month. A reversal couldleave fiscal positions exposed.

China is the world’s biggestimporter of soyabeans and con-sumer of energy, depending onimported oil to fuel economicgrowth. India, where millions of people live in poverty, has alsoexpressed concern over risingfood prices.

Regulation of the derivativesmarket for commodities shouldbe accordingly strengthened toprevent activities capable of destabilizing markets, the docu-

ment said.

This year China is forecast toimport 57 million tonnes of soy-abeans, or almost 60% of globaltrade in the animal-feed andtofu ingredient.

The BRICS communiquecalled for greater cooperationon food security to redress thelack of timely and reliable infor-mation on supply and demand.The international community needs to work together to in-crease production, boost fund-ing and technological supportto developing countries as partof establishing a more equitableand fair world, it said.

In a separate agreement, the

heads of the development

banks of the five countriesagreed to work on a plan to in-crease the use of local curren-cies when making loans to eachother.

“We talked about how tomove faster to using nationalcurrencies,” Russian PresidentDmitry Medvedev said. “I justhad a meeting with Brazil’sPresident (Dilma Rousseff) and

 we agreed to intensify w ork on apossible switch. We could think through such a system with allBRICS countries.”

The combined gross domes-tic product (GDP) of the fiveBRICS nations will eclipse the

US economy by the end of 2014,

according to IMF projections.The eurozone will be overtakenthis year, the data showed. By 2016, the BRICS countries willhave a combined GDP of $21trillion compared with a projec-tion of $18.8 trillion for the US,according to the IMF.

Medvedev and Rousseff are joined at the Sanya summit by South African President JacobZuma, Indian Prime MinisterManmohan Singh and ChinesePresident Hu Jintao.

Hu and the other BRICS lead-ers also called for more atten-tion to the risks of massivecross- border capital flows, and

said the IMF should continue to

look to overhaul the role of Spe-cial Drawing Rights as an inter-national reserve currency sys-tem.

The governing structure of the international financial insti-tutions should reflect thechanges in the world economy,increasing the voice and repre-sentation of emerging econo-mies and developing countries,the communique said.

Reuters contributed to thisstory.

Voicing concerns: (From left) Indian Prime Minister Manmohan Singh, Russian President Dmitry Medvedev,Chinese President Hu Jintao, Brazilian President Dilma Rousseff and South African President Jacob Zumaat the BRICS summit in Sanya on Thursday.

CHA NGE OF GUA RD

Kapoor named CEO

of Reckitt BenckiserB Y  S AP NA  A GARWAL

sapna.a@livemint.com·························MUMBAI

Rakesh Kapoor has beenn am ed t o t ak e o ve r a s

chief executive officer (CEO) atconsumer packaged goodscompany  Reckitt BenckiserGroup Plc, the company saidon Thursday.

He will become the latest ex-ecutive of Indian origin tomake i t to the top post of aglobal company in recenttimes, joining Indra Nooyi,chairman and chief executiveofficer PepsiCo Inc.; and

 Vikram Pandit , CEO of  Citi-Group Inc.

Kapoor, 52, will take over as

chief executive from Septem-ber, replacing Bart Becht who

 will retir e afte r 16 years at thehelm. Becht will stay on as apart-time adviser to Kapoorand on the company board un-til September 2012.

 An MBA from XLRI, Jam-shedpur, and an engineeringgraduate from the Business In-stitute of Technical Studies(BITS), Pilani, Kapoor honedhis management skills in hishome country.

Kapoor joined the company in 1987 as regional sales man-ager, northern India, and held

 variou s positi ons in the coun-try before moving to a globalposting in 1996. He was ap-pointed to the executive com-mittee in 2006 to lead global

powerbrand strategies and in-novations, both of which havedriven Reckitt Benckiser’sgrowth faster than the industry average.

Kapoor currently holds the

post of executive vice-presi-dent, global category develop-ment.

“I am delighted to take onthis role and very much look forward to leading the busi-ness to its next stage of growthand performance,” Kapoorsaid in the press statement.

He was one of the architectsof the Boots Healthcare Inter-national Ltd acquisition in2006, which transformed Reck-itt Benckiser into a global con-sumer healthcare company.He has been equally involvedin the recent SSL InternationalPlc and Guajarat-based ParasPharmaceuticals Ltd acquisi-tions.

Shares of the FTSE 100 com-pany, known for i ts globalbrands such as Finish, Lysol,Dettol and Vanish, fell sharply,reacting to the news develop-ment.

Sanya,China: Chinaon Thursday

recordedits recognitionof India’s

“status” inglobalaffairsand saidit

“supports”india’s “aspiration” toplaya greater rolein theworld

body, anexpression thatcouldbe

seenas a stepforwardtowards

backing NewDelhi’s bidfor a

permanentseat onthe United

Nations SecurityCouncil.

China’spositionwas reflected

ina declarationissuedhere aftera

summitofBrazil,Russia,India,

Chinaand SouthAfrica,the

so-calledBRICSnations,while

referringto theneed for

comprehensivereformsat theUN,

includingthe SecurityCouncil,to

makeit “moreeffective,efficient

andrepresentativeso thatit can

dealwith today’sglobalchallenges

more successfully.”PTI

China backs India’sUN ‘aspiration’

Long stint: Rakesh Kapoor.

Sanya,China: Ina significantstep

towards enhanced economic

cooperation,the BRICSnations

signed onThursdayan agreementthatwillenablethem toprovide

credit toeach otherin local

currenciesand collaboratein

capitalmarketsand otherfinancial

services.

Theagreement wassignedby

thedesignated banksof thefive

countriesat a summithere.

Thepactwassignedintune

withthe BRICScountries’

commitment toincreased

cooperationin economic,finance

andtrademattersto support their

sustained national economic

growth andcontribute tothe

“long-termsteady, soundand

balancedgrowthof theworld

economy”.PTI

BRICS to use localcurrencies for credit

>OurView:A mansionof mudBRICS >P22

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