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2 March 2018 Maharashtra Economic Development Council, Monthly Economic Digest
CONTENT
VOL. XLVII NO. : 03 February 2018
MEDC Economic Digest Editorial Board
Interim Chairman
MAHARASHTRA ECONOMIC DEVELOPMENT COUNCIL
Cdr. Dipak Naik MONTHLY ECONOMIC DIGEST
Editor
VOL. XLVII NO.: 3 March 2018 68 Pages `80 ISSN 2456 - 2457
OMAN’S
PORT OF
PROSPERITY
06
Monthly Economic Review January 2018..... Dr. Dhananjay Samant 11
COVER STORY
Higher Education for Women Education – A Safety of Children & Value-added education
Women in India
15
Primary Step towards
Women Empowerment
Women in Educational
Institutions 26
18 22
Vocational Training Scenario in Some Aspects of Professional Skill Gap in Power Sector and role of
India Education in India Tata Power Skill Development Institute
28 30 35
4 March 2018 Maharashtra Economic Development Council, Monthly Economic Digest
Global Trade
and Investment
Trends
38
CURRENT AFFAIRS
RBI kept rates unchanged- Raises inflation projection garner wars of spike in prices – Fiscal slippage and
65
volatile global financial markets.
41 NEWS in MEDC
MOU with Bluemark
1st feb
42
THOUGHT TO NATURE
Students’ Experience Journey
62
Maharashtra Economic Development Council, Monthly Economic Digest March 2018 5
Special Feature
EXECUTIVE SUMMARY economic growth slowing to 6.5% be designed and implemented much
The global economy is experiencing in the year to 31st March from 7.1% faster and more efficiently than
a broad based cyclical recovery with in the previous year. Nonetheless, has been the case to date. A fine
a rebound in investment activity and the forecast released by the CSO rebalancing of the economy is now
trade. Growth has moved up to 3% assumes that the economy is on a imperative.
in 2017, with both emerging and recovery path. That may be due to
some efficiency gains in production A successful trade policy necessitates
advanced economies growing at a an internationally competitive
faster rate. Low interest rates and easy due to the GST which have not yet
been fully captured in the GDP. industrial policy. Apart from opening
monetary policy have papered over a up the domestic markets, a strategic
multitude of financial vulnerabilities Reigning in the fiscal deficit is trade policy will also deploy access
around the world. Nevertheless, probably the most intractable to them to pry open those of others
there are reasons to be cautiously macroeconomic issue facing the as well. The government and the
optimistic about the prospects of country today. The government private sector should work closely
economic growth across major needs to generate revenue of together to this end. In this regard, if
geographies. Rs. 655.73 billion in excess of Make in India is to become a reality,
China’s economy grew faster than expenditure till March end in order India needs to grow faster in firms
expected in the fourth quarter to contain the fiscal deficit at 3.2% of of all sizes and varying economies
of 2017, as an export recovery GDP in 2017-18. With the looming of scale. The employment situation
helped the country post its first bank bailout, this is going to be a tall in the country also demands that we
annual acceleration in growth in order. With surging oil prices, the cannot afford to compromise on the
seven years. This defied concerns scope for trimming subsidies is also competitiveness of our traditional
that intensifying cuts on industry limited. The government has also labour intensive exports – apparel,
and credit would impact economic budgeted spending Rs. 1.25 trillion as leather, and footwear. India is the
expansion. A synchronized surge in capital expenditure in the remaining second largest producer of footwear
the global economy over the past months of the fiscal year. That may and leather garments in the world
year has been a boon to China and be necessary as a reduction on that and competitive advantages in
much of trade-dependent Asia. front could jeopardize GDP growth, this sphere need to be maintained.
as private investment in the economy Unfortunately, our exports in this
However, the Indian economy is plunges to a record low. However, area have fallen to around $ 30 billion
expected to expand at its slowest a strategic disinvestment, which today due largely to poor logistics,
pace in the past four years, as some officials believe can garner Rs. access to credit and land, higher
business activity everywhere has 200 billion more than the budget taxes, and globally uncompetitive
been measurably impacted by the estimates, is expected to have some exchange rates. All the pain points
double whammy of demonetization positive impact in this otherwise in the data should be carefully and
and implementation related issues of gloomy scenario of fiscal slippage. It systematically addressed.
the GST. The government forecast is also essential that direct tax reform
The Theme :
Education at the higher level in an
economy is crucial to economic
development simply because much
of the possibilities for sustained
growth in the medium and long-run
depend on the extent to which the
economy can develop and utilize
high level human capital. This capital
is essential for the organization
The development of any country is in recent times. Access to education are at par with men in all kinds of
exhibited by the level of education of has been one of the most pressing tasks and are presently participating
its citizens which includes education and imperative demands for women in all fields of professional and
of both the genders. India had a empowerment. Women education in business engagements. All this is
literacy rate of around 12% at the India has been a chief preoccupation possible just because of education
time of independence, and through of both government and society, and the profound impact it has had
rigorous efforts, has now attained a since educated women can play a very on women.
literacy rate of 79.86% as per 2016 important role in the development
census. However, the current literacy of the country. Women’s Education in
rate of India is still way below the Modern India:
world average of 84%.This is the In the present era, the Indian
India is set to become a super power
primary reason why ‘education for society has established a number
by 2025. This can become a reality
all’ is strongly recommended and of institutions for the educational
only when the women of the country
focused on by our government. India development of women and girls.
are educated. India presently accounts
has made considerable progress These educational institutions are
for the largest number of illiterates
in the education sector and with concerned with the overall and
in the world. Despite the significance
focused efforts the literacy rate in complete development of women.
of women’s education unfortunately
India has risen persuasively from In modern society, women in India
only 48% of women studying up to
18.30% in 1951 to 74.04% in 2017, have come a long way. Indian women
with Tripura being the most literate
State in India, even Kerala. There
has also been a robust increase in
enrolment of women in education
from 7% at the time of independence
to 64.86% in 2016.
For the past ten years, increasing numbers and training of functionaries and matters connected thereto,
of students in school, hostels, ashram appointed in keeping with the principles of
shalas, university departments and women equality, freedom, life and liberty
teaching and non-teaching staff have come 3. The Criminal Law (Amendment) as enshrined in the Constitution of
out in open, approached media, human Bill, 2013, passed by Parliament India and as upheld by the Supreme
rights organizations, State Commissions on 20-3-2013 to deal with rape. Court in Vishakha vs. State of
for Women and National Commissions The new law on Rape, which still Rajashthan [1997(7) SCC.323] and
in response to sexual harassment and requires the president’s signature as reflected in the Convention on
child sexual abuse. Tremendous pressure before it becomes official, the Elimination of all Forms of
is created by Parents Teachers association makes stalking, voyeurism and Discrimination against Women
of schools and colleges so that children and sexual harassment a crime. It (CEDAW) which has been ratified
women are not harassed in school buses, also provides for the death by the Government of India.
corridors of premises, laboratories, staff penalty for repeat offenders
room by men teachers, peons, watchmen, or for rape attacks that lead Initiatives by Progressive
bus drivers and bus conductors. Temporary to the victim’s death. The law Schools and Colleges :
teachers complain about sexual advances by also makes it a crime for police
Several educational institutions
principal or management, Ph.D. students’ officers to refuse to open cases
have formed counseling centres
complaints regarding demand for sexual when they receive complaints
and grievance cells as a result of
favours by their guides rarely got support of sexual attacks.
horrifying experiences narrated
from the grievance cells of colleges or by victims of sexual perversions
In 1997 the Supreme Court passed
universities in India. in survey research on SHW by
the landmark judgment in the
Vishakha case laying down guidelines prestigious social work institutions.
Introduction Findings of multi centric research
to be followed by establishments
In the recent past the Parliament in dealing with complaints of on sexual violence by Sakshi (Delhi)
of India passed three important sexual harassment. The Court have been widely disseminated.
legislations as follows: stated that these guidelines were Survey by Sakshi (Delhi) throws up
to be implemented until legislation some worrying data where 80 %
1. Protection of Children from of respondents revealed that SHW
Sexual Offences Act, 2012 is passed to deal with the issue
(Mathew, 2002). exists, 49% had encountered SHW,
2. Legislation to end sexual 41% had experienced SHW, 53%
harassment of women at It took 15 years of continuous women and men did not have equal
workplaces was passed by the advocacy to get the act that provides opportunities, 53% were treated
parliament on 26-2-2013 which for the prevention and redressal unfairly by supervisors, employers
also demanded institution of sexual harassment of women at and coworkers, 58% had not heard of
of mechanism to address workplaces, or arising during and out the Supreme Court’s directive of 1997
instances of sexual harassment of the course of their employment and only 20 % of organisations had
• Internal Security Community • Students must be given proper Delhi University passed an ordinance
should be constituted by all the training in self-defense based on its policy against SHW
educational institutions headed with clearly defined rules and
by the head of the institutions • The telephone numbers of procedures. It has mentioned range
Police officers and student women help-line, college of disciplinary action to punish
Value-added education
Dr. Prakash Hebalkar
Dr. Hebalkar is a Public Policy consultant and President of ProfiTech,
a strategic consultancy
profitechconsultants@gmail.com
Dr. Prakash Hebalkar
Twenty-first century India with a At the beginning of the twenty- commonplace apprenticeship-
service dominated economy and first century, it is time to redesign oriented barely literate or illiterate
technology embedded products our tertiary sector and focus on majority of Indian auto mechanics
needs qualified self-employed professional degrees that produce is glaring.
professionals and workers which in persons with useful skills and the
turn requires a shift from general necessary depth in the respective The manager of an auto repair shop
purpose degrees to professional fields. in turn needs all this education and
degrees. This will also minimise our more; he needs additional education
army of the educated unemployed. Nothing illustrates this better in how to select and procure
than a recent article in a leading diagnostic equipment as well as how
The current tertiary mass education newspaper in a developed country to schedule the workload of trained
sector was designed for the needs of which highlighted the travails of auto diagnosticians and adjuster-
British India of the early twentieth an automobile owner to solve repairers, how to cost for the service,
century and the clerically intensive an apparently simple and minor how to ensure full utilisation of
needs of public sector business in problem of switching off an interior expensive diagnostic resources, and
the latter half of that century. dome light in his car. so on.
Thus the emphasis was on producing It turned out that the light was That the automobile population in
armies of clerks, accountants and designed to slowly fade out after a India is growing at over 1million cars
laboratory technicians with BAs, decent interval to permit passengers a year only means that the shortfall
BComs and BScs. The shifting to disembark and walk home without highlighted above will rapidly develop
structure of the economy has stumbling in the dark. That graceful into a chasm if our education system
resulted in an increase in the masses decay of light was controlled by one is not changed.
of educated unemployed with of the dozens of computers in the
these general purpose educational car, diagnosis of which required the The illustration above can be
qualifications but no skills that are use and understanding of advanced multiplied hundreds of times over
any longer useful or relevant. diagnostic equipment which the if one looks at advances in textile
auto-repairer did not have. machinery, household appliances,
These educated unemployed are the air-conditioning systems, building-
principal concern of leaders in the As a result the car owner had automation-system driven lifts, fire
growing number of urban centres in to be referred to an authorised prevention and suppression systems
India. With over half the population dealer who had both the requisite and lighting, television production
expected to be in urban areas in the diagnostic equipment and the trained equipment, reefer-trucking and other
not so distant future, the problem technicians. transportation systems, and so on.
is not an “elitist” one, as politicians
may be tempted to dismiss without The contrast between this level Nothing that our education factories
any attempt at solution. of skill and education required produce by way of millions of BAs,
to fix a modern day car and the BComs and BScs can handle these
Dr. R K Pattnaik
Professors at SPJIMR, Mumbai. Views expressed are personal
The Indian education system is medicine etc are commonly known Fourth, form the value added view
categorized in to three levels of as profession education. point the professional education is
viz; elementary, secondary and designed to produce responsible
higher. The first two are imparted At a conceptual level, some of the professionals. by helping the
at the school level, whereas higher characteristic features are : participants to recognize and
education is imparted at the college understand the significance of
First, professional education is a
and university level. Professional advancing professional knowledge
formalized approach to specialized
education which is an important part and improving standards of practice.
course in a professional academic
of private education has been a center Fifth, ultimately the professional
institution through which participants
piece of discussion in many fora on education is a process which involves
acquire content knowledge and learn
account of assurance of quality, fees the translation of learning to
to apply techniques.
structure and employability. The practtice and is intended to prevent
objective of this article is to delve into Second, although content is what the occupations and professionals from
these issues and suggest a few policy participant is expected to learn by becoming obsolete or redundant.
options. Accordingly, the article is attending professional institutions,,
organized into four sections Section such an education also helps the II. Socio Economic aspects of
I explianis the characteristic features participant to acquire competencies Professional Education
of professional education. Socio needed for practice . At an aggregate level, professional
Economic aspects are discussed in education could carter to the needs
Section II. Section III presents the Third, as the contemporary of the society and economy and
emerging issues and Policy options. evidence suggest the objectives of thereby help promoting the greater
Concluding observations are in professional education include (a) societal developments and higher
Section IV. incorporating the knowledge and trajectory of economic growth.
values critical to a professional Therefore, professional education is
1. Characteristic Features of discipline; (b)understanding the a response to society’s demands for
profession Education concepts, principles, and techniques expert help provided by competent
In short, profession education applied in practice;(c) attaining a people. The growth and development
is system of education which is level of competence necessary for of a profession is a function of
practice oriented. It is important responsible entry into professional specific needs. a. Professional
to distinguish professional practice; and (d) accepting education both respond to changing
education from vocational responsibility for the continued demands and provides impetus to
education. Illustratively, education development of competence. changing the field itself, balancing
in management, engineering, law, a forward look with the realities of
We have made an attempt to formalize various aspects of professional education in terms of various parameters
and presented in Table 1, As it may be seen , with different ownership there is a need change in parameters. This
suggests authorities should not make policy decisions on the basis of “One size fit for all”
▪▪ Regulations ▪▪ As per govt. regulatory framework for each course / area / stream ▪▪
▪▪ Set up norms as ▪▪
▪▪ Intl Programmes ▪▪ Govt. approval ▪▪ Govt. approval ▪▪ Separate norms
per ratings
8. GOVERNANCE
▪▪ Governing council ▪▪ Set up by state/ ▪▪ NGO with govt. reps. ▪▪ Acad experts with party & ▪▪ As per ▪▪
central govts govt.reps. requirement
Min 2/3 academic
experts`
▪▪ Discipline ▪▪ Head of inst. ▪▪ Head of inst. ▪▪ Head of inst. ▪▪ Head of inst. ▪▪
▪▪ SHC ▪▪ Essential ▪▪
▪▪ Ragging ▪▪ Strict norms ▪▪
▪▪ Audit ▪▪ Govt. agencies ▪▪ Internal + external ▪▪ Internal + external + govt if ▪▪ Internal + external ▪▪
required
▪▪ Prof ’l management ▪▪ As per govt. ▪▪ NGO + Trust to ensure ▪▪ As per PPP Contract ▪▪ As per Corp. ▪▪
norms practices
▪▪ Role of IES ▪▪ High ▪▪ High ▪▪ Medium ▪▪ Regulatory only ▪▪ Indian
Education
Service
There are very few things which have Let us understand the Economic to be noted is that about a third of
changed the world the way Power aspect first. It is fact that India is this addition in generation capacity
has. Power (Electricity) is and will one of largest economies of the will come from renewable energy
be a part of our lives for as long as world. The International Monetary sources.
mind can imagine. Come to think Fund (IMF), in its World Economic
of it, a city dweller will have to take Outlook Update in January this The economic health of the
extreme efforts to disconnect with year, has estimated that the Indian country gives the confidence that
power totally, even momentarily. economy would grow by 7.8 per the country, along with the support
Such intimate is our relationship with cent in 2019, which will make from investors, will be able to
Power. the country the “World’s Fastest- provide for the infrastructure for
Growing Economy” in 2018 and this kind of growth in the Power
Over 100 years ago, when the Power 2019, a title that it lost to China Sector; However, concomitant to
story was just beginning in India, in early 2017. Apart from this, this huge demand for additional
Tata Power was standing behind the India has become one of the top Power will be the demand for
Nation as a pioneer in generating destinations for foreign investment additional skilled manpower. It
electricity through renewable source and is poised to become one of is estimated that the Power Sector
(Hydro) and bringing it to the largest manufacturing countries of will need additional 1.5 million
doorstep of customers in Bombay the world. This economic growth, skilled manpower by 2025. Meeting
(now Mumbai). Today, when the coupled with the Government’s this demand for additional skilled
Indian Power Sector is faced with the “Make in India” initiative, will lead manpower in the entire chain of
new challenge of skill shortage, Tata to a huge spurt in industrialization, Power Sector and downstream value
Power has again picked up the baton as a consequence of which, demand added services will be a challenge for
to help the sector in addressing this for Power will increase. The rural the sector. This situation is unfolding
looming challenge for competent electrification projects under the right now as we speak, not in some
talent equipped with required skills Government’s Deen Dayal Upadhyay distant future.
by establishing the Tata Power Skill Gram Jyoti Yojna (DDUGJY)
Development Institute (TPSDI). The other aspect of the Power
and PM’s Saubhagya Program to
Sector’s skill shortage problem
electrify over 4 crore households,
But in order to understand the is social. The matter is of the
and increasing per capita energy
solution to the problem, and what Demographic Dividend of the
consumption will further add to the
Tata Power is doing about it, it country. Demographic dividend
demand for Power. Extensive work
is important to deconstruct the occurs when the proportion of
has been done on estimating this
problem first. The two important working people of in the total
demand. It is estimated that India’s
facets of this problem are - Economic population is high, which indicates
Power generation capacity will more
and Social. that people have more potential to be
than double by 2027 (from 302 GW
productive and contribute to growth
in 2016 to 640 GW in 2027). Point
of the economy. 62% of India’s
This column focuses on trends in main organised sector opportunity transportation probably produced
global trade and investments in the for job creation for those without a more urban jobs than manufacturing
past month. This month the focus college education. This author has (which actually reduced employment
is on job creation and the inverted argued the opposite and emphasized as they focussed on productivity).
conventional wisdom. the importance of the service sector. The latest charts on US employment
In the first two decades of the post generation over a century support
Conventional wisdom in India reform period, courier services and the author’s view:
believes that manufaturing is the
https://www.networkworld.com/article/3180615/mobile-wireless/faq-what-in-the-wireless-world-is-cbrs.html
2
RBI kept interest rate unchanged The monetary policy committee competing demands for financial
as expected during 1st week of (MPC) noted the inflation outlook capital which puts upward return on
Feb 2018 but warned of a hike in has been clouded by several factors all returns. The repo rate at which the
prices. Fiscal profligacy markets including house rent allowance central bank tends to bank was held
offer the recent sell off signal (HRA) increase in some states, a at 6% and reverse repo rate at which
growth may be limited. However global rate revival pushing up crude it pays to bank for parking surplus
economic expansion is gathering oil and commodity prices and higher funds was maintained at 5.75%. All
momentum and there are signs of minimum support price (MSPs) for other rates also remained the same.
demand acceleration with price up Kharif Crop. It also cited an increase The six member MPC also voted
in loan disbursals. RBI Governor in custom duty on few items fiscal five-to-one in favor of the status
Shri Urjit Patel also seemed to the slippage and winding down of the quo on interest rates. RBI deputy
current debate on introduction of easy money policies globally. Governor Shri Michael Patra voted
long term capital gains tax on stocks for a rise in the policy rate by 25
in the Feb 1 budget. When explaining There is need for vigilance around basis points- A basis point is 0.01
why investments are still subdued evolving inflation scenario in the percentage point.
although there appears to be signs coming months. RBI raised its
of pick up lately. inflation projection to 5.1% in the The monetary policy was for less
fourth quarter including impact hawkish than expected given the
Taxation on capital from several of HRA payments from 4.2-4.6% RBI inflation target has been busted-
sources and at the marginal rate it in the third quarter amid surge in Fiscal limits breached and uncertainty
adds up. You have the corporate tax retail food prices. It had projected on critical prices such as oil and
rate for income above Rs. 10 Lakh this at 4.5% in its Aug policy. The local food prices has multiplied –
and you have marginal tax rate at inflation increased in the next fiscal says HDFC bank. Not only did the
whatever bracket people are in there year has been pegged at 5.1-5.6% stance remain neutral, there were
is the securities transaction tax and in the second half and 4.5-4.6% in no indication of imminent rate hike
capital gains tax- so there are five the second half with risk tilted to central bank. The governor chose
taxes on capital, which would have the upside. The MPC tasked with not to discuss the financial stability
an impact on investment and savings consumer price inflation as 4% with in detail despite the global financial
decisions. a bond 2% profits on either side. market route. This was done carefully
so as to avoid another bout of panic
Bond prices rose reversing directions Over the last six weeks the US 10 domestic market.
as RBI stuck to its neutral policies, year yield has hardened by 40-50%
also tone of monetary policies basis points and that is fair bit of Monetary policy challenges include
statement was less hawkish than movements. Further, RBI governor the inflationary threat due to rising
expected. Governor for vigilance Shri Urjit Patel told to reporters over food prices. Higher government
around inflation, although this may the last 6 months domestic inflation spending that could crowd out
have been calibrated with the object has increased. In post of course it private investment and increasing
of rattled market experts said RBI has been due to the hardening of oil prices. The recent sell off in the
raised its inflation projection for the crude price. Because of the up stick global financial market is the latest
fourth quarter. in economic growth there are new headache for policy makers.
¾¾ Households having facility ¾¾ It is seen that, 43 per cent of WOMEN AND CHILD
of primary, upper primary males & 33 per cent of females DEVELOPMENT
and secondary schools within from rural areas and 45 per
10.29 Empowerment of women
distance of 2 km from residence cent of males & 30 per cent
can be achieved only when their
was 98.8 per cent, 86.9 per cent of females from urban areas
education, health and financial
and 74 per cent respectively. in the age group 5-29 years
conditions are improved.
discontinued their education
¾¾ During 2014, literacy rate was Maharashtra is the first State in India
due to reasons like domestic
79 per cent for rural, 90 per cent to formulate Women Policy which
duties and engagement in
for urban and 84 per cent for was declared in 1994 and revisited
economic activities.
the State. in 2001 and Third Women Policy
¾¾ Expenditure on education – was declared in 2014. These policies
¾¾ Male literacy rate was 87 per Individuals attending educational focused on awareness of violence
cent for rural, 94 per cent for institutions incurs expenditure against women, women laws, reforms
urban and 90 per cent for the in the form of payment of in economic conditions of women,
State. course fees (including tuition development of self-help groups and
fee, examination fee etc.), rights of women.
¾¾ Female literacy rate was 70 per
purchase of books, stationery
cent for rural, 86 per cent for 10.30 Various women development
and uniforms, expenses on
urban and 77 per cent for the schemes are being implemented
conveyance, private coaching,
State. in the State. Progress of selected
etc. This is referred to as private
women development schemes is
¾¾ In the State, combining all expenditure of the household
given in Table 10.29.
levels of education 25 per cent on education. During the
of students were taking private academic session (2013-14), 10.31 Various women specific
coaching. average expenditure per student centrally sponsored schemes are
pursuing general education by being implemented in the State and
¾¾ About 86 per cent households item of expenditure for selected progress of selected schemes is as
reported private coaching follows:
mainly for augmenting basic
ANNEXURE 10.1
NUMBER OF HEALTH SCIENCE INSTITUTIONS, THEIR INTAKE CAPACITY AND STUDENTS ADMITTED IN THE
FIRST YEAR OF THE COURSE FOR THE YEAR 2016-17
Government Government aided Unaided Total
Faculty Insti- Intake Admitted Insti- Intake Admitted Insti- Intake Admitted Insti- Intake Admitted
tutions capacity students tutions capacity students tutions capacity students tutions capacity students
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13)
Allopathy
Graduate 23 3,200 3,188 -- -- -- 16 1,970 1,945 39 5,170 5,133
Ayurvedic
Graduate 04 350 346 16 840 840 44 2,740 2,740 64 3,930 3,926
Homeopathy
Graduate -- -- -- -- -- -- 40 3,045 3,041 40 3,045 3,041
Unani
Graduate -- -- -- 03 180 180 03 160 160 06 340 340
Post-Graduate -- -- -- -- -- -- 02 21 21 02 21 21
Dental
Graduate 04 260 258 -- -- -- 25 2,300 2,240 29 2,560 2,498
Physiotherapy
Graduate 04 90 90 -- -- -- 22 860 859 26 950 949
Occupational
Therapy
Graduate 03 60 60 -- -- -- 0 0 0 03 60 60
Post-Graduate 04 31 24 -- -- -- -- -- -- 04 31 24
Post-Graduate 02 30 25 -- -- -- -- -- -- 02 30 25
Prostetics &
Orthotics
Graduate 01 30 27 -- -- -- -- -- -- 01 30 27
Post-Graduate 01 04 04 -- -- -- -- -- -- 01 04 04
Nursing
Graduate 08 340 329 -- -- -- 114 4,235 3,782 122 4,575 4,111
B.P.M.T
Graduate 18 1,285 708 -- -- -- 03 207 9 21 1,492 717
Source - Maharashtra University of Health Sciences, Nashik
Faculty Insti- Intake Admitted Insti- Intake Admitted Insti- Intake Admitted Insti- Intake Admitted
tutions capacity students tutions capacity students tutions capacity students tutions capacity students
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13)
Engineering
Diploma 42 18,160 15,326 17 4,600 3,302 414 1,37,044 51,777 473 1,59,804 70,405
Graduate 8 3,040 2,941 11 3,357 3,134 346 1,37,456 73,360 365 1,43,853 79,435
Post-Graduate 6 861 773 12 1,410 1,154 208 15,886 4,871 226 18,157 6,798
Architecture
Graduate -- -- -- 3 207 207 72 4,680 4,218 75 4,887 4,425
Management
Sciences
MMS/MBA 2 180 130 13 1,140 796 330 35,028 24,798 345 36,348 25,724
Hotel
management
& catering
technology
Pharmacy
Diploma 4 210 192 20 1,240 1,094 213 13,533 8,958 237 14,983 10,244
Graduate 4 220 219 7 330 318 158 11,068 10,803 169 11,618 11,340
Pharma D 2 60 59 -- -- -- -- -- -- 2 60 59
Master in
Computer 2 90 90 9 510 284 104 9,050 3,806 115 9,650 4,180
application
Industrial
training 417 90,575 85,192 -- -- -- 429 36,023 32,054 846 1,26,598 1,17,246
institutes
Source - 1) Directorate of Technical Education, Mumbai.
2) Directorate of Vocational Education and Training, Mumbai.
MBER OF IN
NUM NSTITUTIONNS FOR ART
TS, SCIENCEE, COMMERRCE, NON A.I.C.T.E
A COU
URSES, LAW
W, EDUCATION,
FIN
NE ARTS, T
THEIR INTAKE CAPACIITY AND STTUDENTS ADDMITTED INN FIRST YEAAR OF THEE COURSE FO
OR
THEE YEAR 201
16-17
Post-G
Graduate 803 769 5,0081 3,981 1,694 1,0074 7,578 5,824
*
Comm merce 15 1,112 1,122 2,249
Gradu
uate 1,122 1,031 2,75,7796 2,25,933 87,914 64,6662 3,64,832 2,91,626
Post-G
Graduate 240 228 5,5546 4,319 1,292 4497 7,078 5,044
*
Non-A
A.I.C.T.E
Courses
Gradu
uate 138 133 17,4416 12,250 19,125 12,2238 36,679 24,621
Post-G
Graduate -- -- 2220 58 974 1129 1,194 187
*
Law
Gradu
uate 1 2,420 1,140 16,3357 9,077 7,786 4,0083 26,563 14,300
45 61 107
Post-G
Graduate -- -- -- 8880 666 2,627 9974 3,507 1,640
*
Education
B. Ed
d 400 171 3,2263 1,899 21,516 7,8872 25,179 9,942
12 49 578 639
M. Ed
d 50 0 13 13 628 1199 691 212
Fine Arts
A
Diplo
oma 3 115 111 31 1,9930 1,629 172 15,990 10,1106 206
6 18,035 11,846
Gradu
uate 4 300 294 -- -- -- -- -- -- 4 300 294
Post-G
Graduate 4 130 53 -- -- -- -- -- -- 4 130 53
Source - 1) Dirrectorate of Higheer Education, Pun
ne * Provisional
P
2) D
Directorate of Art, Mumbai
I can well remember the day after of the marksheets, scanned attested purpose of gaining admission, such
I passed out my SSC exams and copy of photographs, certificates, as participating in extracurricular
the first time when I filled up my uploading of all documents, creating activities, engaging in various forms
application form for admission in a login id and finally creating an e of SAT preparation. Colleges say
Junior College (1992) till my journey ticket for registration of email id. they want well-rounded students,
of filling up the admission form for which is discouraging for many
my Management Degree to the well In addition to Pre Admission students with concentrated passions
known and most desired Business Registration, there is Online or unique qualities. Though colleges
Management School in Mumbai. Admission Process which again say they are unique, but they all
(2012). I was totally bemused with involves no of steps right like filling sound the same to many students.
the process, guidelines and the old up the personal details, marks details, Students feel like they should fill
outdated admission system, there parent and guardian details etc, out all the spaces on the application
was more anxiety and butterflies payment details like Demand drafts for extracurricular activities - the
were dancing in my stomach till I , bank details, challan no and finally number of activities appears to be
finally got selected. they get the Admission no. These more important than the depth of
steps are almost similar in all colleges. involvement. Students believe that
Through this small article today Students experience extreme stress colleges cannot, and do not, judge
I would like to put my views on due to the college application applicants in a fair and objective
students experience journey of process. Worrying, emotional way. Students agree that too much
whole admission process, present instability, sleeping problems, eating emphasis is placed on attending
scenario, the gaps between problems, and a variety of physical a prestigious college but admit
student’s expectations and what symptoms are commonly reported. that the prestige of a college does
colleges are offering, and finally matter to them. Although students
few recommedations to fulfil their Current Students of 21st century,
believe that the advantage of legacy
expectations to make their journey unlike students of 1990s, dislike
connections are “just part of life,”
more meaningful and simple. being encouraged to apply to a
they feel that a student should not
college even when they have no
be defined by what his/her parents
Present Process of College chance of admission. They feel that
have done but rather by what they
Admission is normally divided into often colleges are simply trying
themselves have done. The college
two parts. to serve themselves by courting
application process for high school
students’ money (application fees)
1) Pre –Admission online registration students should become better for
and applications (only to reject
and 2) Online Admission Application students in planning, organizing
them). Students would like to take
Form. paperwork, time management, and
more courses that interest them,
balancing school with extracurricular
but feel that it is a risk to pursue
Pre Admission Process involve activities. The college application
their true interests. Students feel
many steps right from photocopies process should help students learn
pressured to do things for the sole
The sessions were divided into four categories; which is a way similar to how the budget is presented in Parliament.
The categories were Pre Budget Expectations, Salaried and Women Category, Agriculture and Industry, and Trade.
Experts from different fields participated in the Live Budget 2018. It consisted of interactive sessions with the
expertise of their particular field. The Budget sessions got good support from the participants and from the experts
as well.
The main highlight of this year Budget Session was that Mr. Jayantrao Patil Ex. Minister of Finance of Maharashtra
participated along with President of MEDC Cdr. Dipak Naik, and Vice Presidents of MEDC, Mrs. Meenal Mohadikar,
Mr. Ravi Boratkar and Mr. Mukund Kulkarni.
Maharashtra Economic Development Council (MEDC) has signed an MOU with Bluemark Software Pvt. Ltd
(BSPL) for providing to all the members of MEDC, entrepreneurs and to the masses. The MOU was been signed
by Cdr. Dipak Naik, President of MEDC and Mr. Sanjay Ladge, Managing Director, BSPL Software Pvt. Ltd. on
12th January 2018.
MEDC has launched an App named “Ablifee – Empowered by MEDC”. The App is a platform for entrepreneurs
for business communication and business development. The App has a strength of 10,000 members and growing
every day.
Download the App “Ablifree – Empowered by MEDC” from Google Play Store for free.
SINGLE POINT REGISTRATION: MSE’s are enlisted after third party technical inspection of
qualitative and quantitative capacity.
BENEFITS: (a) Issue of Tender sets free of cost, (b) Exemption from payment of Earnest
Money Deposit, (c) In tender participation, MSEs quoting price within price band of L1+15%, are
allowed to supply a portion upto 20% of requirement by bringing down their price to L1 price,
where L1 is not MSEs. SC/ST units fee is only Rs.115/-.
RAW MATERIAL DISTRIBUTION SCHEME: NSIC has signed agreements / MoUs with the
major bulk producers (Aluminium, Iron Steel, Copper, Paraffin Wax, Coal, Polymer products
etc.) These arrangements facilitate MSMEs in getting material at the manufacturer’s price, and
also can avail bulk discounts, leading to reduction in the cost of raw materials and making the
end products of MSMEs competitive. The credit support is also available under Raw
Material Assistance Scheme for procurement of any raw material(s) at competitive rates.
CONSORTIA & TENDER MARKETING: Micro & Small Enterprises (MSEs) in their individual
capacity face problems to procure and execute large orders, which deny them a level-playing
field vis-à-vis large enterprises. NSIC, forms consortia for micro & small units manufacturing the
same products, thereby pooling in their capacity.
B-2B PORTAL: NSIC is assisting MSMEs through MSME Global Mart Web Portal
(www.msmemart.com). The portal provides an online platform to B2B marketing activities.
BANK TIE-UP SCHEME: Meeting Credit needs of MSMEs through Tie up arrangement with
Banks. NSIC has entered into tie up arrangements with public sector and private sector banks
for helping MSMEs in accessing term and working capital loans. NSIC operates as a “one stop
shop”, aggregating financing options from various banks under their unique tie up arrangement.
PERFORMANCE & CREDIT RATING SCHEME: NSIC is implementing “Performance & Credit
Rating Scheme” for micro and small enterprises (MSEs). The rating serves as a trusted third
party opinion on the unit’s capabilities and credit worthiness. The fee to be paid by the MSEs
for the rating is subsidized by the Government to the extent of 75% of the rating fee upto a
maximum of Rs. 40,000/-. Subsidy upto 90% with a maximum ceiling of Rs.50,000/- is being
provided to the SC/ST owned MSEs.