Soon after the independence, the Indian government selected industry to be the prime moving force of the Indian development. However, there was a great debate over this choice, as agriculture was thought to be more suitable for the role of the prime moving force in India.
The selection of industry as the prime moving force was also questioned as:
There was almost an absence of infrastructure sector, like- power, transport, and communication, in India;
There was also a negligible presence of infrastructure industries, like Iron & Steel, Cement, Coal, Crude Oil, Oil Refinery and Electricity;
Lack of investible capital;
Absence of required technology to support industrialization. There was also no R&D in India;
Lack of skilled manpower;
absence of entrepreneurship among the Indian masses;
Absence of the market for the industrial goods.
The Supreme Court ordered the University Grants Commission (UGC) to review the 44 deemed universities. This has created a troublesome situation for the students enrolled under such institutions.
In June 2009, The Ministry of Human Resource Development (MHRD) had empowered the UGC to review the maintenance of standards in these institutions. The UGC appointed different committees consisting of vice-chancellors, senior professors and nominees from various statutory bodies. These committees visited and scrutinised various deemed universities and submitted a report on each university to the UGC. The reports were accepted and sent for the follow-up actions. The MHRD has indirect approval of all proceedings, as the MHRD Secretary is represented in the UGC.
The Flawed reports: The Tandon Committee
Values are the principles and fundamental convictions which act as broad guidelines to human behaviour; and the standards through which any human action is judged. Values are an indispensable part of the human society, as anything that we see and find around us, is viewed with reference to some value principle. Throughout our life, we learn from our experiences. Our behaviour change according to the situation. Thus, throughout our life we keep adjusting and adapting to different values.
In this sense, values give meaning to human life, while guiding our behaviour. Our actions are moulded by our decisions, which are guided by our attitude and beliefs. Since values play a formative role in building our beliefs and attitude, they play a central role in guiding our actions and responses. Read More…
South China Sea is one of the most important seas of the world- geopolitically, economically and strategically. Thus, it attracts a considerable attention of the nations of the South and South-East Asia. However, the recent conflicts have made it an arena of escalating contention.
India has vital stakes in the area, as around 55% of India’s trade in the Asia-Pacific passes through this region. Thus, India has been voicing for the freedom of navigation in the South China Sea, and for peaceful resolution of territorial disputes between China other nations of the region.
South China Sea is an important link between the Pacific and Indian Ocean. Read More…
HIV: the Disease, Invincible
Human Immunodeficiency Virus (HIV) which causes the condition of Acquired Immunodeficiency Syndrome (AIDS) has been a global menace for quite some time now. The main challenge faced by the scientists in checking the spread and threats, posed by this disease, is that the virus could not be successfully checked from spreading itself. No course of medicine has been able to restrict and counteract the growth of the virus. That is why, there has been much global concern regarding the HIV/AIDS.
The life Cycle of HIV can be as short as about 1.5 days from viral entry into a cell, through replication, assembly, and release of additional viruses, to infection of other cells. HIV lacks proofreading enzymes to correct errors made when it converts its RNA into DNA via reverse transcription. Its short life-cycle and high error rate causes the virus to mutate very rapidly, resulting in a high genetic variability of HIV. As the virus mutates, many of the cells develop an ability to resist the human immune system and anti-viral drugs. This makes the development of the antivirus for HIV difficult. Read More…
Financial Inclusion refers to the provision of financial services to the people of the lower strata of society. India has a large disparity in socio-economic growth. To bridge the existing disparity, the Reserve Bank of India (RBI) set up the Khan Committee to look over the issue of financial inclusion. The recommendations of the Khan committee were incorporated in the RBI policy 2005-06.
RBI has directed all the banks to facilitate opening of no frills saving bank account with zero or nominal balance to lower income customers. This was done to ensure the financial inclusion to a greater extent in India.
In 2013, India’s first Financial Inclusion Index, called- CRISIL INCLUSIX was launched. The index is a scale of 0-100 with branch, deposit and credit penetration as the parameters of the index. CRISIL Inclusix used data from 2 lakh data points and 165 banks. The index has been started with banking services presently and has the provisions for extension to other services.