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Corporate heads not in favour of religious profiling of staff
The UPA government"s proposal requiring public and private sector companies to maintain religious profile of their employees has not gone down well with several corporate leaders, though some say they can live with it.

'It would be imprudent to take the fiscal deficit higher than 6% of GDP'
A year after India ushered in reforms in 1991, C Rangarajan, then a member of the Planning Commission, was picked by then Finance Minister Manmohan Singh to steer Reserve Bank of India for five crucial years till 1997. Then, Rangarajan, who had taught in University of Pennsylvania and management institutes in India, headed the Twelfth Finance Commission, which paved the way for fiscal consolidation, and also the Prime Minister’s Economic Advisory Council (and was, for five years, Governor of Andhra). In an interview with Sapna Dogra Singh and John Samuel Raja D, he says there are some encouraging signs in the economy, but the real recovery will come only in 2010-11.

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2.4 lakh students to vie for 1st paperless CAT
Over 2.4 lakh aspirants will vie for entry to the prestigious Indian Institutes of Managements (IIMs), the Common Admission Test (CAT) for which will be computer-based for the first time this year.
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Sibal, central advisory body chalk out education agenda

The Ministry of Human Resource Development (MHRD), at the 56th meeting of the Central Advisory Board of Education (CABE), chalked out an extensive agenda for education in the country, based on the principles of expansion, inclusion and excellence. - Sibal, advisory board to chalk higher education agenda - "This is no way academicians should express their angst" - IIT faculty asks for "scholastic pay" of Rs 15,000 per month - Govt may allow IITs, IIMs to open campus abroad - MHRD issues guidelines for deemed universities - UGC reinvites TCS for e-governance bidding HRD Minister Kapil Sibal said education had to go beyond the 3Rs of reading, writing and arithmetic, and include the challenges posed by employment and growth. He said Rs 2 lakh crore would be required to implement the Right to Education law. A shortfall of Rs 60,000 crore seems likely. The Class X examination is being made optional from 2009-10 in the Central Board of Secondary Education and state boards can follow, based on the CBSE’s experience. A grading system would be put in place from 2009-10. A core curriculum in mathematics and science would be formulated in two months, endorsed by the Council of Boards of School Education. In higher education, Sibal said there would be stringent entry norms for universities to set shop in India. The independence of universities and their accreditation was another issue discussed by the CABE. “An independent accreditation body can assure complete autonomy of institutions. CABE has endorsed the Yash Pal committee report that suggests the setting up an autonomous overarching authority for higher education and research called National Commission for Higher Education and Research (NCHER). NCHER will subsume in it agencies like the University Grants Commission (UGC), Medical Council of India (MCI) and the All India Council for Technical Education (AICTE). The HRD Minister also stated that a Central Madrasa Board would be set up with representation from both clerics and educationists.


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