Tuesday, 30 January 2018

Union Budget: Addressing Diverse Aspirations


The welfare centric Union Budget of Modi Government for 2018-19 has attempted to address diverse aspirations of a wide cross section of society. It is a historic pro-poor budget. A higher outlay on infrastructure would also help the country in achieving higher economic growth as well. It would also bolster alround development, including agriculture, employment generation, women’s welfare, with special emphasis over quality education for wider masses, better healthcare for the vulnerable sections, and housing for all and improve overall human development.

Farmers, Poor, and Common Masses in Focus
Farmers, rural masses, poor people, women and SC-ST are well in focus in the budget. The budget has reasserted government’s resolve to double farmers’ income. In a major boost to farmers, the minimum support price (MSP) for all upcoming Kharif crops has been assured at 1.5 times the cost of production. In case the market prices are lower than MSP, government would procure the produce or ensure farmers get right prices.

Agricultural market and infra fund with corpus of Rs 2,000 crore will be created for 22,000 gramin agricultural markets and 585 APMCs. Cluster development model of agricultural commodities and emphasis to encourage for organic farming are welcome. Allocation for Food Processing has been doubled. Operation Green will produce farmer producer organisation, logistics, warehousing etc with an allocation of Rs 500 crore. Export of agri commodity has been liberalised to tap India’s agricultural exports potential of $100 billion. Agricultural Credit limit has been raised to Rs 11 lakh crore. To boost bamboo sector and animal husbandry, kisan credit cards will now be extended to fisheries and animal husbandry farmers. A restructured national bamboo mission with corpus of Rs 1,290 crore would be set up. Rs 10,000 crore are allocated to set up two funds to promote fisheries and animal husbandry.

Quality Health-Care to all
The poorest of the poor will be covered by universal healthcare to the tune of Rs 5 lakh per year. This Health insurance scheme proposes to cover 500 million beneficiaries of 100 million families. The Finance Minister Arun Jaitley has announced a cover of up to Rs 5 lakh per year. The Government has targeted health as well as pollution, causing health problems by providing

500,000 rupees per family annually for medical reimbursement under National Health Protection Scheme. Finance minister targets to protect 50 crore poor people by this world's largest health protection scheme. Removal of crop residue would be subsidized to tackle the problem of pollution from burning of crop residue.

Ease of Life for Poor and Disadvantaged Masses
In terms of social welfare and ease of life, gas connections will now be provided to 8 crore poor women. In pursuit of ease of life with respect to the energy coverage push, Rs 16,000 crore for PM Saubhagya Yojana is allocated for connecting 4 crore households with free electricity. It would illuminate 4 crore households and help to achieve social and economic empowerment. There is a target to construct at least 2 crore toilets under Swachh Bharat Mission. Also, under Housing for All by 2022 and PM Awas Yojana (rural), 51 lakh affordable housing units would be constructed in rural and 50 lakh in urban areas.

For boosting economic empowerment, enhance livelihood opportunities and private enterprise, target for loans to self help group for women has been increased to Rs 75,000 crore. Allocation to National Livelihood Mission is set at Rs 5,750 crore. A total allocation of Rs 14.34 lakh crore from extra and non-budgetary resources has been estimated for housing, infrastructure and livelihood in rural areas. Mudra Yojna lending target has been set at Rs 3 lakh crore. With aim to bring 60 crore bank accounts under Jan Dhan Yojana. Allocation of Rs 52,719 crore for social inclusion of scheduled castes is proposed in the budget. Besides, PM Jivan Bima Yojana would give benefits to 5.22 crore families. Under Jan Dhan Yojana, the entire lot of 16 crore accounts will be brought under micro insurance and pension plans.

Boost to Education and Social Protection
For comprehensive social welfare program under the National social assistance program over Rs 9,000 crore have been allocated. Education in country would now be treated without segmentation from KG till class 12. Aim to move from black board to digital board with push for digital technology and e-education. The FM has announced that by 2022, every block with over 20,000 tribals and over 50 per cent STs will have a special Eklavya school.

Government proposes establishment of 24 medical colleges and two new Schools of Planning and Infrastructure. In a major boost to healthcare and medical education, the FM has pledged to set up at least one medical college for every three parliamentary constituencies. Allocation of Rs 1 lakh crore has been proposed for revitalising and upgrading education sector. Government
proposes to set up 1.5 lakh centres under Aayushman Bharat programme to provide health facilities with an allocation of Rs 1,200 crore.

Domestic Manufacturing & Employment Generation
Domestic manufacturing and MSME are key to employment generation. For special support to the MSME sector the FM Arun Jaitley allocated Rs 3,794 crore capital support and industry subsidy by 2022 for the MSME sector. Under Mudra Yojana, Jaitley set a target of Rs 3 lakh crore. The finance minister said Rs 4.6 lakh crore was sanctioned under Mudra Yojana. To give boost to Made by India through domestic manufacturing, customs duty on mobile phones, TVs has been hiked for providing fillip to domestic value addition in India. To discourage imports government also proposes 10 per cent social welfare surcharge on imports.

Infrastructure & Tourism
Mr Jaitley has rightly highlighted the need of Rs 50 lakh crore for the infrastructure sector. He said that construction of a new tunnel at Sera Pass will also work in promoting tourism. A total 10 prominent tourist sites will be upgraded as iconic tourist destinations. The flagship Bharatmala project aims to connect India’s eastern and western ends with a 35,000 km highway and roads network, an outlay was announced to the tune of Rs 5.35 lakh crore under phase 1. For toll payments on highways, Jaitley said that the government will introduce a new system called “pay as you use”. Total capital expenditure for Indian Railways is also set at Rs 1,48,528 crore. A special railway university will also be set up in Vadodara, Gujarat.

On the whole the Budget 2018-19 reflects the Government’s firm commitment to boost investments in Agriculture, Social Sector, Digital Payments, Infrastructure and Employment Generation on the one hand and simultaneously stick to the path of fiscal rectitude by aiming for a reduction of Fiscal Deficit by 0.2% of GDP over RE 2017-18. This is substantiated by increase in expenditure of Rs. 2,24,463 crores over RE (2017-18) while simultaneously keeping the fiscal deficit at 3.3% of GDP, which is commendable in term of fiscal discipline in RE 2017-18, the total expenditure has been kept at Rs. 22,17,750 crore and is more than BE 2017-18 by Rs. 71,015 crore. The increase in total expenditure is mainly due to the outgo on account of GST Compensation to States, increased outlays on some important schemes and also to meet the recommendation of 7th CPC with respect to allowances and pensions. As a consolation for personal income tax the middle class has got Rs 40,000 standard deduction against travel and medical expenses. It would again place the country as the fastest growing economy with inclusive growth and optimum fiscal discipline.

Friday, 5 January 2018

Higher Education: Time for Self Regulatory Autonomy



Higher Education: Time for Self Regulatory Autonomy
Bhagwati Prakash*


Higher Education in its present state in India appears to be grossly disadvantaged in keeping pace with the fast escalating global benchmarks of quality and innovativeness. It is also being said to be disjunct with our ethos, values and heritage, and not succeeding well to ingrain, requisite ethics and morals in the conduct and behaviour of the graduating youth. The quality deficit in education, places India at 60th rank in the Global Innovations Index (GII) 1 and keeping it devoid of any place among the top 50 international destinations for higher education. India is able to attract only a miniscule 0.61 % of the international students from abroad to study in India.2 Our patent filings under the Patent Cooperation Treaty (PCT) too have been very meager at 1529 in 2016, against a large tally of 56,595, 45,239 and 43,168 respectively for the US, Japan, and China. In the field of nanotechnology, we have 14 international patents and 5000 research papers to our credit for all IITs together since 1970s. Whereas, the Chinese Academy of Sciences is fathoms ahead of us with 705 international patents and 29591 research publications. No Indian could secure a single Nobel Prize for his/her research conducted in India after Bharat Ratna Dr. C.V. Raman in 1930.3 There are universities with double digit Nobel Winners from tiny countries like Denmark, Sweden and Switzerland, having a miniscule population of 50 to 90 lacs. The highest number of 151 is from Harvard University, though a Private University.4 Moreover, 8 out of top 10 alma maters of highest number of Nobel Laureates are American private universities.5    
With respect to the lacuna of education being disjunct with our heritage, one finds that till date we have been teaching the same outcast Aryan invasion theory, coined out of the European colonial politics, and altogether refuted by the present day archeological and other studies. Besides, the infinite narratives embedded into our ancient scriptures, corroborating the present-age scientific wisdom, as well as several postulates of various social sciences and humanities, including those of the Economics, Geography, Political Science, Public Administration, Psychology, Sociology, History, Linguistic, etc., find no place into our curricula and the suggested readings. Endeavours to ingrain values, ethics and national ethos in the conduct and behaviour of the graduating youth by means of suitable pedagogies are also very feeble to produce tangible results.
One way to remedy these limitations can be the broadbasing the fora of academic autonomy with wider participation of the academic fraternity for democratic self-direction and more open brainstorming. Beginning can be made with open departmental committees, accessible to all faculty members, along with participatory boards of studies to incorporate all the members of faculty in the department directly or indirectly. Moreover, 3 tier self regulatory autonomous councils, democratically constituted for each subject and faculty, involving the entire academic fraternity on the lines of professional councils for self regulation can offer a better solution. For instance, the Institute of Chartered Accountants of India, the Institute of Company secretaries of India, the Institute of Cost and Works Accountants of India and the Bar council of India etc. are able to continuously improve and maintain the standards, through their respective 3 tier self regulatory autonomous councils (comprising local chapters, state associations and national level councils), all constituted democratically through one person one vote. In higher education as well, beginning can be made from the teaching departments of universities as well as colleges for having open brainstorming and spreading it into the Boards of Studies (BOS) by making them participatory, instead of constituting them with only handpicked nominees. It would help to overcome the limitations of inbreeding of the vision of only handpicked members in the BOS. This participatory self direction can be taken ahead, as aforesaid, by constituting subject-wise ‘self regulating multitier autonomous subject councils’. Each of the subject being taught can have 3-tier, self regulatory autonomous councils, comprising national level council, state level associations, and the local chapters with autonomy to set benchmarks for curricula framing; develop & prescribe pedagogies- including the requisite and relevant teaching-learning approaches comprising the andragogical, heutagogical, peeragogical, constructivist, transitory, transformative and similar other approaches; evaluation patterns and practical training etc. Such self regulatory autonomous councils for all subjects, faculties and for the overall structure of higher education can revolutionarise the quality of education, and place India in the league of countries known for excellence in higher education. 
'Indian higher education has suffered the brunt of over-regulation in a top heavy system.6 Higher education in India is largely steered in tandem with the recommendations of a series of independent commissions and committees, comprising one or more handpicked experts, and all of them had invariably been the academicians of very high repute. Beginning with the Sarkar Committee (1945-49) to S.S. Bhatnagar Committee (1947), the Radhakrishnan Commission (1948-49)7 and so on, there had been around two dozen plus such committees and commissions, whose recommendations have been instrumental in shaping our education since Independence. Yet, certain sections air their grievances about autonomy in the words that the policies formulated at the centre by the MHRD along with a plethora of centralised regulatory authorities, keen on holding the reins, are sent as commanding directives to universities, who themselves, in quite a majority of cases, are silos having numerous colleges under them.8 So, room for curricular reforms, scope for renovating teaching-learning methods, change in evaluation pattern or any other rationalized norms for admissions does not exist in several cases with universities, let alone colleges.9 In a vast country like India, endowed with one of the largest higher education system of the world, excellence in academics, good governance and financial well being of institutions can no doubt be achieved with optimally decentralised autonomy, along with participatory self-regulation, coupled with corresponding responsibility and accountability.10  Indeed,  autonomy, according to some thinkers, has to trickle down from the very source of all powers, the HRD ministry up to  the delivering units, comprising  teaching departments of  universities as well as colleges,  across the country.10 Self directional autonomy in spirit, needs to be deliberately infused with widest possible, and optimally self regulated participatory mechanisms, to incorporate pluralistic realities and pluralities aspirations of the vast category of stakeholders and a variety of education providers in the country like India.
The Gajendragadkar Committee Report of the UGC on Governance of Universities had considered autonomy a pre-condition for success of universities. The committee has observed in its report that “the concept of University autonomy is often misunderstood. It is not a ‘legal concept’, not even a ‘constitutional concept’. It is an ethical concept and academic concept. This concept does not question that, in a democratic society like ours, legislatures are ultimately sovereign, and have a right to discuss and determine the question of policy relating to education, including higher education. The concept of university autonomy, however, means that it would be appropriate on the part of democratic legislatures not to interfere with the administration of university life, both academic and non-academic. The claim for autonomy is made by the universities not as a matter of privilege, but on the ground that such autonomy is a condition precedent if the universities are to discharge their duties and obligations effectively and efficiently.’’11
A related issue, concerning the autonomy, often raised while discussing the performance of teachers in particular and universities in general, is that of 'academic freedom' and professionalism in teaching. According to Tight "academic freedom refers to the freedom of individuals in the academics to study, teach, research and publish; without being subject to or causing undue interference".12 However it does not mean that it confers upon the academic community any unfettered rights of action and behaviour. The concept of academic freedom enjoins that the teacher be allowed to express his views freely and openly, even though they may be at variance with the 'official' view, without fear of being penalised. However, the academic freedom does not extend to, for example, neglecting teaching assignments in favour of research interest. Academic freedom is a privilege that invokes with it the responsibility of ensuring that it is used only for the welfare of the academic community and the good of the parent institution.13 In the views of Ramabrahmam I14, teaching can and needs to be professionalized by following interventions:
(i).    Promoting meaningful innovations in the classroom.
(ii).  Promoting research interest among teachers.
(iii).Promoting optimized participation of teachers in matters related to academics.
(iv).Promoting uninhibited expression by teachers in matters related to administrative reforms of education institutions.
(v).  Promoting commitment, challenge and control among teachers that reinforce accountability and are reinforced by autonomy.
These interventions require utmost autonomy, empowerment inspiration and facilitating culture for individual teachers and not for the universities alone as a body. The aforesaid intervention of optimized participation of teachers in most of the matters related to academics can be said to be the cornerstone of any meaningful autonomy in higher education. It requires widest possible representative access to the academic fraternity in all the ‘fora of autonomy’ from the departmental decision making, Boards of studies, Academic Councils, the Boards of Management, and even the state level University Coordination Committees. This would give access to every creative brain, may be on representative basis, in shaping curricula, pedagogical and other teaching-learning approaches, practicals and quality of research and to also facilitate integration and ingraining of the national ethos, values and heritage into higher education.
In most of the cases, the BOSs are often, comprising the dean and 3-4 handpicked very senor experts who may not be well familiar with many new developments. Moreover, as our universities are silos, incorporating hundreds of affiliated colleges under them, with thousands of teachers in each discipline; including regular as well as visiting ones, all overflush with immense subject-related intelligence, including latest as well as  ancient wisdom, which cannot be used for lack of their participation in academic brainstorming and decision making at any level, except in  teaching the lectures, allocated, by simple lecture method, without requisite autonomy in adopting right pedagogical, androgogical, heutogogical or peeragogical approaches and so on. So, it is no strange a fact that most of the disciplines are devoid of the latest and emergent developments, as well as the rich ancient heritage of ours, related to that discipline. Therefore, swayed by the mythic Anglo-European narratives of Aryan invasion theory, which has its origin more from the European politics, than anything else in Indian historical record or archeology,15 when extensive explorations carried out upto Northern Mesopotamia in the recent preceding decades,  including that of a joint French-American team led by H. Weiss of Yale University and several other investigations have established beyond doubt that most of the old-world civilizations were severely affected by a prolonged drought that began about 2200 B.C. and persisted for about 300 years. The most drastically hit region seems to have been the Akkadian civilization neighbouring India. Yet, most of the syllabi are replete with the Aryan invasion theory. It is so, inspite of scores of studies indicating that in most likelihood the drought triggered by massive volcanic eruptions had caused migration. Some satellite pictures indicate flooding as one of the reason for the migration of Harappan civilisations. Several independent explorations, conducted over a vast belt from southern Europe to India, clearly prove that civilizations over a large part of the ancient world were brought to a calamitous end by an abrupt climate change on a global scale.16
These discoveries could help to put an end to all speculations regarding the Aryan invasion as the cause of breakup of the Harappan civilization. Now when it is beyond doubt that the Vedic civilization far from coming into existence after the Harappan civilisation, in fact ended with it. The mature Harappan civilization was the last glow of the Vedic age. This recognition has brought about a fundamental change in perspective in the history and chronology of not only ancient India, but also nearly all ancient civilizations. It helps to answer several fundamental questions about the source of the Harappans - they should now be called the Vedic Harappans - and the age of the Rig Veda. Thanks to recent discoveries about the mathematics and geography of Vedic India, we are now in a position to answer both questions.10 Numerous findings of the archeological investigations are waiting to find place in our curricula and texts. Only wider access to the academic fraternity in departmental and BOS level deliberations is one of the easiest way to facilitate induction of quality and innovativeness as well as imbibing our ethos, values and heritage.
In most of the subjects of study, our rich heritage lacks, even a mere mention in curricula and texts. For instance the practice of supplementing of electromagnetic impulse of heart by a Silver-ion battery is corroborated by the hymns of Yajurved and hundreds of thousands of other scientific narrations related to Physics, Chemistry, life Sciences, Mathematics, Geography, or the doctrines of social science are vastly and well embedded in our ancient scriptures. But they not find place in our modern university curricula. We should incorporate all such new revelations into the curricula of all subjects from humanities to science and technology, including the social sciences.
This idea of constituting the national level and state level, local level and department level discrete multi-tier autonomous subject councils in all the subjects like, Botany, Zoology councils for History, Sociology, Political Science, Economics, Geography, Physics, Chemistry, Mathematics and so on for each subject including all professional disciplines faculties and overall all India council for higher education can bring a sea change with respect to quality benchmarks, imbibing our ethos and heritage and in ingraining ethics in the conduct and behaviour of graduating students.
Notes
  1. Issac Wolfe, India moves up six places to rank 60 in Global Innovation Index, Jun 15, 2017, www.forbesindia.com/article/special/india-moves-up/47267/1
  2. Quamar Furquan & Bhalla Veena, Internationalisation of Higher Education in India, AIU 2017, N. Delhi p6
  3. Remembering C.V. Raman, Indiatoday.in, Story, November 2, 2016.
  4. Alder Jeremy, 50 Universities with Most Nobel Prize Winners, www.bestmastersprograms.org
  5. Out of top 10 universities with maximum Nobel laureates 8 are American private universities having 60 to 151 Nobel laureates. These universities are, Harvard, Columbia, University of California, University of Chicago, MIT, California Institute of Technology, and Stanford. In India as well some of the private universities inspite of some discrimination, are doing well and can further outshine, if given a facilitating environment. Even, to date these are 11 private universities out of total 36 universities, including the elite institutes, ranking in top 1100 universities ranked by the Times Higher Education
  6. Dash Sambit, What Indian higher education needs a lesson on autonomy, [Modified] https://www.dailyo.in>story, 3 Sept. 2016
  7. Saha, Samir Kumar and Ghosh, Sangita, Commissions and Committees on Technical in Independent India, Indian Journal of History of Science, 47.1 (2012) pp 109-138
  8. ibid 6
  9. Powar K.B., Accountability in Higher Education, in Edited Vol.- Accountability and Autonomy in Higher Education , edited by Veena Bhalla et al. Association of Indian Universities, New Delhi p.15
  10. Sambit Dash has also opined as above, though in different words, in the above cited article.
  11. University Grants Commission, 1971, Report of the Committee on the Governance of Universities and Colleges, (Gajendrahadkar Committee Report), UGC, New Delhi, 68pp.
  12. Tight, M., 1988, So what is Academic freedom? In Tight, M. (Ed), ‘Academic Freedom and Responsibility’, p 114-132. Open University Press, Milton Keynes.
  13. ibid 9
  14. Ramabrahmam I, Accountability of Teaching Profession: The Role of Academic Staff Colleges, Edited Vol.- Accountability and Autonomy in Higher Education, Edited by Veena Bhalla et al., Association of Indian Universities, New Delhi p.88.
  15. The Politics of History, Hindustan Times, Nov.28, 1993
  16. The Harappan Civilization and Myth of Aryan ‘’Invasion’’ http://archaeologyonline.net/artifacts/aryan-harappan-myth



Sunday, 31 December 2017

University Incubation Centres: Centerstage for Start-up

India is currently considered the third largest start-up ecosystem in the world with 3rd largest number of technology driven startups, trailing behind only the US and UK.1 The startups can revoutionise employment scenario in the country and enhance the growth rates of industry and commerce, as well usher India in an era of double digit growth. Further, out of the total incubation centres facilitating and inspiring youth for establishing their own start-ups in the country, about 56% are located and operating from universities. Thus, the university run incubation centers have been supporting entrepreneurship and promoting startups in the country in a big way. The incubation centres operating in the universities have supported 58% of the total incubatees of the total incubatees facilitated by different incubators in the country.2 The universities fueling the startups movement in the country are, playing key role in creating new ventures, adding value in the national income and generating fresh employment potential. It is in addition to what these universities have been contributing in the traditional teaching, research and industrial collaborations3. This incubation model being portrayed by some of the universities, needs to be replicated across the country, not only in the universities alone but, in majority of the colleges as well. Today, India has been experiencing second highest spate of youth idleness after South Africa, as 30.8% youth between the age of 15-29 years are neither employed and nor any educational and training programme4. These 30.8% No employment education or Training (NEET) youth can be said to be unemployed.




In the year 2016, alone 6000 start-ups were launched in the country. 5 The number is likely to get halved in 2017, in want of requisite support sevices. A more worrisome feature of India's new-found startups movement as per a recent IBM and Oxford study is that "90% of the start-ups in India fail within the first five years of their inception.”6 It is even more worrisome that failures happen more because, as per the study of FICCI, "where only 8.3% of the start-ups included in the FICCI sample are reported to be successful in getting external funding. A strong ray of hope to enhance external funding is that the startups which have been the part of an incubator or accelerator, 24 percent of the such startups have been able to get external funding. ”7 Thus the survival rate of startups can be raised 3 fold by facilitating outside funding from Angel investors, Venture capital funds or Private Equity Providers with the support of incubators. So incubation centres, if spread across the universities and colleges in country can do a yoeman service in this regard. It (Problem of non-funding) is a major concern with regard to funding is that vis-a-vis the global trend that very low proportion of start-ups are getting funded in India. For example, the percentage of global start-ups that are able to successfully raise capital in the grocery tech, healthcare & consumer healthcare, and smart home & home improvement are 41, 52 and 36 percent respectively. The corresponding percentage for outside funding for Indian startups are 5, 10 and 11 percent8.

In fact the angel investors, venture capital funds, private equity providers and even the accelerators are mostly confined to tier 1 cities in the country. In the tier-1 cities also, they are mostly concentrated into the 3 major metros viz. Delhi, Mumbai and Bangalore. University and college level incubation centres, if spread across the country, can inspire even the local business persons (who hitherto had never thought of doing so) to act as angel investor(s), facilitate development of angel investor-networks, and also invite angel investor networks and venture capital funds from outside. Therefore, every university and larger colleges, willing to incubate their students as well as their alunini and outside youth, should take the initiative to set up incubation centres on the campuses. Even, the colleges in semi-rural areas too should come forward. The ministry of the micro small and medium enterprises even has a start-up support scheme for traditional industries. Thereby, even clusters of indigenous artisans can be strengthened, if colleges, Panchayati Raj institutions and NGO's also come forward in incubating youth for establishing startups. The scheme

entitled, “Revamped Scheme of Fund for Regeneration of Traditional Industries” 9 was launched with the objectives to organise traditional industries and artisans into clusters to make them competitive and provide support for their long term sustainability, including marketing. Financial assistance up to Rs. 8 crore is provided for any single specific project with follwing limits :

(a)               Heritage clusters of 1000-2500 artisans @ Rs 8 crore per cluster.
(b)               Major clusters of 500-1000 artisans @ Rs 3 crore per cluster.
(c)                Mini clusters of up to 500 artisans @ Rs 1.5 crore per cluster.

Indeed, there are more than 50 government schemes for supporting start-ups in the country. Besides, the passing out and yet to pass out youth from colleges and universities need to be sensitized as well about establishing their own start-ups. They also need to be trained about the steps involved in getting a firm established for startup, getting it registered as a start-up, developing business plan, executing the same, seeking the benefits of available govt schemes, getting funded and complete roadmap for it.

University and college level incubation centres are the best means to inspire and enable youth to begin their own startup ventures. There are unique schemes with equity support up to Rs 50 lacs, marketing purchase of raw material, loan guarantee export and so on. The university and college level incubation centres can best guide the aspiring incumbant to successfully establish their startups and avail the benefits of various schemes. Self financed institutions-both the self financed universities and self financed colleges, with inherent flexibities should proceed faster without loss of time, as they have lesser procedural formalities to fulfill, and especially when around three fourths of engineering, MBA and MCA seats in the country are in the private and self financed institutions. So, they need to provide funds liberally and steadfastly for setting up incubation and acceleration centres in the country. The public funded elite institutes, including the institutes of national importance already have fully vibrant incubation centres.


The 50+ schemes10 of various ministries of the Union Government are being enlisted here under :


Ministry of Electronics And Information Technology (MeitY)

1.  Support For International Patent Protection In Electronics & Information Technology (SIP-EIT) 2. Multiplier Grants Scheme (MGS) 3. Software Technology Park (STP) Scheme 4. Electronic Development Fund (EDF) Policy 5. Modified Special Incentive Package Scheme (M-SIPS) 6. Scheme To Support IPR Awareness Seminars/Workshops In E&IT Sector

Ministry of Agriculture And Farmers Welfare


7.   NewGen Innovation And Entrepreneurship Development Centre (NewGen IEDC). 8. The Venture Capital Assistance Scheme

Ministry of Micro, Small And Medium Enterprises (MSME)

9.   Credit Guarantee 10. Performance & Credit Rating Scheme 11. Raw Material Assistance

12. Revamped Scheme of Fund For Regeneration of Traditional Industries (SFURTI) 13. Single Point Registration Scheme (SPRS) 14. Aspire – Scheme For Promotion of Innovation, Entrepreneurship, And Agro-Industry 15. Infrastructure Development Scheme 16. MSME Market Development Assistance 17. National Awards (Individual MSEs) 18. Coir Udyami Yojana 19. International Cooperation (IC) Scheme 20. Credit Linked Capital Subsidy For Technology Upgradation 21. Bank Credit Facilitation Scheme

NITI Aayog

22.   Atal Incubation Centres (AIC) 23. Atal Tinkering Laboratories (ATL) 24. Scale-Up Support To Establishing Incubation Centres

Ministry of Skill Development And Entrepreneurship

25. Udaan Training Programme For Unemployed Youth of J&K

Ministry of Heavy Industries & Public Enterprises

26. Enhancement of Competitiveness In The Indian Capital Goods Sector

Ministry Of New And Renewable Energy (MNRE)

27.   National Clean Energy Fund (NCEF) Refinance 28. IREDA Scheme For Discounting Energy Bills 29. Bridge Loan Against MNRE Capital Subsidy 30. Bridge Loan Against Generation-Based Incentive (GBI) Claims 31. Loan For Rooftop Solar PV Power Projects 32. Credit Enhancement Guarantee Scheme 33.Dairy Entrepreneurship Development Scheme 34. 4E (End To End Energy Efficiency) 35. Pradhan Mantri Mudra Yojana (PMMY) 36. Stand Up India

37.  Sustainable Finance Scheme 38. SIDBI Make In India Soft Loan Fund For Micro Small And Medium Enterprises (SMILE) 39. Startup Assistance Scheme 40. Growth Capital And Equity Assistance



Ministry Of Science & Technology

41. Assistance To Professional Bodies & Seminars/Symposia 42. Ayurvedic Biology Program

43.       Industry Relevant R&D 44. High Risk-High Reward Research 45. Technology Development Programme (TDP) 46. National Science & Technology Management Information System (NSTMIS) 47. Biotechnology Industry Partnership Programme (BIPP) 48. Industry Innovation Programme On Medical Electronics (IIPME) 49. Extra Mural Research Funding 50. SPARSH (Social Innovation Programme For Products: Affordable & Relevant To Societal Health)



For successful incubation, including sensitisation of our graduating youth the universities and colleges need to incorporate project based and problem based teaching learning approaches. Indeed, Indoan do focus upon lecture based pedagogical approaches, instead of modern and ragogiy, heutagogy, constructivist pedagogy, tram formative pedagogy, transition pedagogy etc.

It is high time to adopt the practice based teaching learning, including the project based and problem based teaching-learning approaches. A simple improvement in the group discussion (GD) method the fish-bowl technique. But, very few universities and colleges employ the fish-bowl technique of facilitating learning over the GD method. Students can be better incubated for establishing their own start-ups, if endeavours are made to facilitate experiential learning supported by project based and problem based learning, instead of confining teaching via lecture method supported by the aid of Power Point presentation. (ppts)

India needs to move fast in facilitating establishment of startups much faster through a spate of incubation centeres in universities and colleges in view of being home to the highest 20% share in the world's youth population but, having a very poor rate of launch of new startups, poor success-rate of startups, vast gap in funding, wherein very small percentage of startups are getting funded and very inflexible exit-route for entrepreneurs as well as funding agencies. Israel, a country of 7.1 million people, surrounded by most fiarce enemies, in a constant state of war since its founding, with no natural resources - produces many times more startups per million population than large, peaceful, and stable nations like Japan, China, India, Korea, Canada and the United Kingdom and US. "Israeli startups have made USD 9.2 billion in 2016 and venture funding was USD 4.8 billion. Close to 1300 new startups are founded every year and is in league to top three places with highest per



capita density of startups with Singapore and Silicon valley US has a score of 5 lac new startups every year with funding rally of $58 billion Germany 7.6 lac, and UK has 6 lac per year with a funding of USD 5 billion every year12. India can overtake all other countries and create a robust value chain for high tech manufacturing, if the universities and colleges come up with effective incubation centres.

Notes

1.                PTI - Indian Express, August 21, 2016 from ASSOCHAM report

2.                FICCI, Trends in Start-up Ecosystem and Financing, blog.focci.com

3.                ibid note 2

4.                https://data.oecd.org/youthinac

5.              Dalal Mihir, Just 800 Start-ups launched in 2017 so far, compared to 6000 in 2016, www.livemint.com

6.                Agarwal Meha, Start-up Shutdowns in India, Inc42.com

7.                Ibid note 2

8.                ibid 2

9.                Agarwal Meha, 50+ Start-up Schemes

10.             ibid note 9

11.

12.             Lucey Ian, Top 5 Countries for Start-ups in 2017, https://medium.com

विश्व भूख सूचकांक, भारत व स्वदेशी की रीति-निति - II






Saturday, 30 December 2017

University Incubation Centres: Centerstage for Start-up



India is currently considered the third largest start-up ecosystem in the world with 3rd largest number of technology driven startups, trailing behind only the US and UK.1 The startups can revoutionise employment scenario in the country and enhance the growth rates of industry and commerce, as well usher India in an era of double digit growth. Further, out of the total incubation centres facilitating and inspiring youth for establishing their own start-ups in the country, about 56% are located and operating from universities. Thus, the university run incubation centers have been supporting entrepreneurship and promoting startups in the country in a big way. The incubation centres operating in the universities have supported 58% of the total incubatees of the total incubatees facilitated by different incubators in the country.2 The universities fueling the startups movement in the country are, playing key role in creating new ventures, adding value in the national income and generating fresh employment potential. It is in addition to what these universities have been contributing in the traditional teaching, research and industrial collaborations3. This incubation model being portrayed by some of the universities, needs to be replicated across the country, not only in the universities alone but, in majority of the colleges as well. Today, India has been experiencing second highest spate of youth idleness after South Africa, as 30.8% youth between the age of 15-29 years are neither employed and nor any educational and training programme4. These 30.8% No employment education or Training (NEET) youth can be said to be unemployed.



In the year 2016, alone 6000 start-ups were launched in the country. 5 The number is likely to get halved in 2017, in want of requisite support sevices. A more worrisome feature of India's new-found startups movement as per a recent IBM and Oxford study is that "90% of the start-ups in India fail within the first five years of their inception.”6 It is even more worrisome that failures happen more because, as per the study of FICCI, "where only 8.3% of the start-ups included in the FICCI sample are reported to be successful in getting external funding. A strong ray of hope to enhance external funding is that the startups which have been the part of an incubator or accelerator, 24 percent of the such startups have been able to get external funding. ”7 Thus the survival rate of startups can be raised 3 fold by facilitating outside funding from Angel investors, Venture capital funds or Private Equity Providers with the support of incubators. So incubation centres, if spread across the universities and colleges in country can do a yoeman service in this regard. It (Problem of non-funding) is a major concern with regard to funding is that vis-a-vis the global trend that very low proportion of start-ups are getting funded in India. For example, the percentage of global start-ups that are able to successfully raise capital in the grocery tech, healthcare & consumer healthcare, and smart home & home improvement are 41, 52 and 36 percent respectively. The corresponding percentage for outside funding for Indian startups are 5, 10 and 11 percent8.

In fact the angel investors, venture capital funds, private equity providers and even the accelerators are mostly confined to tier 1 cities in the country. In the tier-1 cities also, they are mostly concentrated into the 3 major metros viz. Delhi, Mumbai and Bangalore. University and college level incubation centres, if spread across the country, can inspire even the local business persons (who hitherto had never thought of doing so) to act as angel investor(s), facilitate development of angel investor-networks, and also invite angel investor networks and venture capital funds from outside. Therefore, every university and larger colleges, willing to incubate their students as well as their alunini and outside youth, should take the initiative to set up incubation centres on the campuses. Even, the colleges in semi-rural areas too should come forward. The ministry of the micro small and medium enterprises even has a start-up support scheme for traditional industries. Thereby, even clusters of indigenous artisans can be strengthened, if colleges, Panchayati Raj institutions and NGO's also come forward in incubating youth for establishing startups. The scheme

entitled, “Revamped Scheme of Fund for Regeneration of Traditional Industries” 9 was launched with the objectives to organise traditional industries and artisans into clusters to make them competitive and provide support for their long term sustainability, including marketing. Financial assistance up to Rs. 8 crore is provided for any single specific project with follwing limits :

(a) Heritage clusters of 1000-2500 artisans @ Rs 8 crore per cluster.
(b) Major clusters of 500-1000 artisans @ Rs 3 crore per cluster.
(c) Mini clusters of up to 500 artisans @ Rs 1.5 crore per cluster.

Indeed, there are more than 50 government schemes for supporting start-ups in the country. Besides, the passing out and yet to pass out youth from colleges and universities need to be sensitized as well about establishing their own start-ups. They also need to be trained about the steps involved in getting a firm established for startup, getting it registered as a start-up, developing business plan, executing the same, seeking the benefits of available govt schemes, getting funded and complete roadmap for it.

University and college level incubation centres are the best means to inspire and enable youth to begin their own startup ventures. There are unique schemes with equity support up to Rs 50 lacs, marketing purchase of raw material, loan guarantee export and so on. The university and college level incubation centres can best guide the aspiring incumbant to successfully establish their startups and avail the benefits of various schemes. Self financed institutions-both the self financed universities and self financed colleges, with inherent flexibities should proceed faster without loss of time, as they have lesser procedural formalities to fulfill, and especially when around three fourths of engineering, MBA and MCA seats in the country are in the private and self financed institutions. So, they need to provide funds liberally and steadfastly for setting up incubation and acceleration centres in the country. The public funded elite institutes, including the institutes of national importance already have fully vibrant incubation centres.

The 50+ schemes10 of various ministries of the Union Government are being enlisted here under : Ministry of Electronics And Information Technology (MeitY) 1. Support For International Patent Protection In Electronics & Information Technology (SIP-EIT) 2. Multiplier Grants Scheme (MGS) 3. Software Technology Park (STP) Scheme 4. Electronic Development Fund (EDF) Policy 5. Modified Special Incentive Package Scheme (M-SIPS) 6. Scheme To Support IPR Awareness Seminars/Workshops In E&IT Sector Ministry of Agriculture And Farmers Welfare 7. NewGen Innovation And Entrepreneurship Development Centre (NewGen IEDC). 8. The Venture Capital Assistance Scheme Ministry of Micro, Small And Medium Enterprises (MSME) 9. Credit Guarantee 10. Performance & Credit Rating Scheme 11. Raw Material Assistance 12. Revamped Scheme of Fund For Regeneration of Traditional Industries (SFURTI) 13. Single Point Registration Scheme (SPRS) 14. Aspire – Scheme For Promotion of Innovation, Entrepreneurship, And Agro-Industry 15. Infrastructure Development Scheme 16. MSME Market Development Assistance 17. National Awards (Individual MSEs) 18. Coir Udyami Yojana 19. International Cooperation (IC) Scheme 20. Credit Linked Capital Subsidy For Technology Upgradation 21. Bank Credit Facilitation Scheme NITI Aayog 22. Atal Incubation Centres (AIC) 23. Atal Tinkering Laboratories (ATL) 24. Scale-Up Support To Establishing Incubation Centres Ministry of Skill Development And Entrepreneurship 25. Udaan Training Programme For Unemployed Youth of J&K Ministry of Heavy Industries & Public Enterprises 26. Enhancement of Competitiveness In The Indian Capital Goods Sector Ministry Of New And Renewable Energy (MNRE) 27. National Clean Energy Fund (NCEF) Refinance 28. IREDA Scheme For Discounting Energy Bills 29. Bridge Loan Against MNRE Capital Subsidy 30. Bridge Loan Against Generation-Based Incentive (GBI) Claims 31. Loan For Rooftop Solar PV Power Projects 32. Credit Enhancement Guarantee Scheme 33.Dairy Entrepreneurship Development Scheme 34. 4E (End To End Energy Efficiency) 35. Pradhan Mantri Mudra Yojana (PMMY) 36. Stand Up India 37. Sustainable Finance Scheme 38. SIDBI Make In India Soft Loan Fund For Micro Small And Medium Enterprises (SMILE) 39. Startup Assistance Scheme 40. Growth Capital And Equity Assistance
Ministry Of Science & Technology 41. Assistance To Professional Bodies & Seminars/Symposia 42. Ayurvedic Biology Program 43. Industry Relevant R&D 44. High Risk-High Reward Research 45. Technology Development Programme (TDP) 46. National Science & Technology Management Information System (NSTMIS) 47. Biotechnology Industry Partnership Programme (BIPP) 48. Industry Innovation Programme On Medical Electronics (IIPME) 49. Extra Mural Research Funding 50. SPARSH (Social Innovation Programme For Products: Affordable & Relevant To Societal Health)

For successful incubation, including sensitisation of our graduating youth the universities and colleges need to incorporate project based and problem based teaching learning approaches. Indeed, Indoan do focus upon lecture based pedagogical approaches, instead of modern and ragogiy, heutagogy, constructivist pedagogy, tram formative pedagogy, transition pedagogy etc.

It is high time to adopt the practice based teaching learning, including the project based and problem based teaching-learning approaches. A simple improvement in the group discussion (GD) method the fish-bowl technique. But, very few universities and colleges employ the fish-bowl technique of facilitating learning over the GD method. Students can be better incubated for establishing their own start-ups, if endeavours are made to facilitate experiential learning supported by project based and problem based learning, instead of confining teaching via lecture method supported by the aid of Power Point presentation. (ppts)

India needs to move fast in facilitating establishment of startups much faster through a spate of incubation centeres in universities and colleges in view of being home to the highest 20% share in the world's youth population but, having a very poor rate of launch of new startups, poor success-rate of startups, vast gap in funding, wherein very small percentage of startups are getting funded and very inflexible exit-route for entrepreneurs as well as funding agencies. Israel, a country of 7.1 million people, surrounded by most fiarce enemies, in a constant state of war since its founding, with no natural resources - produces many times more startups per million population than large, peaceful, and stable nations like Japan, China, India, Korea, Canada and the United Kingdom and US. "Israeli startups have made USD 9.2 billion in 2016 and venture funding was USD 4.8 billion. Close to 1300 new startups are founded every year and is in league to top three places with highest per
capita density of startups with Singapore and Silicon valley US has a score of 5 lac new startups every year with funding rally of $58 billion Germany 7.6 lac, and UK has 6 lac per year with a funding of USD 5 billion every year12. India can overtake all other countries and create a robust value chain for high tech manufacturing, if the universities and colleges come up with effective incubation centres.

Notes

1. PTI - Indian Express, August 21, 2016 from ASSOCHAM report
2. FICCI, Trends in Start-up Ecosystem and Financing, blog.focci.com
3. ibid note 2
4. https://data.oecd.org/youthinac
5. Dalal Mihir, Just 800 Start-ups launched in 2017 so far, compared to 6000 in 2016, www.livemint.com
6. Agarwal Meha, Start-up Shutdowns in India, Inc42.com
7. Ibid note 2
8. ibid 2
9. Agarwal Meha, 50+ Start-up Schemes
10. ibid note 9
11.
12. Lucey Ian, Top 5 Countries for Start-ups in 2017, https://medium.com View publication stats

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