Friday, January 31, 2020

Union Budget 2020-2021 : Direct Taxes New Tax Slabs


Union Budget 2020-2021 : Direct Taxes New Tax Slabs

Govt proposes alternative taxation regime to simplify I-T; keeps it optional 

New Tax slab (without exemptions):
No tax: 0-2.5
5% between 2.5-5 lakh
10% tax between 5-7.5 lakh
15% between 7.5-10 lakh
20% between 10 lakh-12.5 lakh
25% between 12.5-15 lakh
30% between above 15 lakh



Union Budget 2020-2021 – Education Sector -, Skill Development

Union Budget 2020-2021 – Education Sector -, Skill Development

Rs 99,300 cr allotted for education, Rs 3000 cr for skill development
Sitharaman: Rs 99,300 crore allocated for education sector, Rs 3,000 crore for skill development in FY21.

Degree level full-fledged online education programme by institutions ranked in top 100 .

National Police University and National Forensic University are being proposed.

Govt proposes to attach medical colleges with district hospitals on PPP model to deal with shortage of doctors.

Govt proposes to start programme for urban local bodies to provide opportunities for internship to young engineers.

Special bridge courses to be designed for teachers, nurses, para medical staff, caregivers.

Union Budget 2020-2021 - Education Sector

Union Budget 2020-2021 - Education Sector

Govt to invite FDI in education sector

Sitharaman: Centre to announce new education policy soon; government received over 2 lakh suggestions on it.

Steps to be taken to attract external commercial borrowing, FDI in education sector.

Thursday, January 30, 2020

Open Research Libraries (ORL)


Open Research Libraries (ORL)



ORL officially launched on Jan. 29, 2020. Open Research Libraries provides access to
·         7202 books
·         49,432 chapters

The primary stakeholder of these initiatives they are 

·         Knowledge Unlatched,
·         Biblioboard,
·         EBSCO Discovery Service,
·         ProQuest with the Ex Libris Primo  
·         Summon library discovery services  
·         OCLC with their creation of MARC records  
·         Indexing in WorldCat  
·         WorldCat Discovery



Regards

Mr. Pralhad Jadhav 
Master of Library & Information Science (NET Qualified) 
Senior Manager @ Knowledge Repository  
Khaitan & Co 
Twitter Handle | @Pralhad161978

State-level consortium for e-journals


To counter UGC move to stop free subscriptions to e-resources

The Higher Education Department is planning to launch a State-level consortium for e-journals involving universities and other higher educational institutions. 

The proposal has found place in the Governor’s policy address to the Assembly. The move is to counter the decision by the University Grants Commission (UGC) to stop free subscriptions to e-resources under its Information and Library Network Centre (INFLIBNET) initiative. 

“The consortium is inevitable for higher education institutions, especially universities, for maintaining and accelerating the pace of research and innovation in line with the global trend in knowledge production and dissemination,” said Rajan Varughese, Member Secretary, Kerala State Higher Education Council.

The council, which had mooted the idea, observed that the UGC decision would cause a huge expenditure for the institutions and the government. Universities would have to shell out crores in order to provide access to e-resources to the academic community, it said. 

“Almost all journals and databases in the relevant disciplines can be subscribed at a negotiated cost fully funded by the government/universities, with the council acting as a nodal agency in the State with the participation of all universities. Other higher educational institutions in the State could be provided access to the e-resources based on a fee,” said Dr. Varughese.

Mandatory accreditation

The policy address said that accreditation would be made mandatory for all institutions. The government would ensure decent service-wage benefits to teachers and non-teaching staff in self-financing institutions. 

Universities will conduct examinations and declare results in a unified manner and on time from the coming academic session, with the use of technology.

The Governor said that the government was ready with a Bill to be presented at the Legislative Assembly aimed at ensuring the democratic rights of students to form associations and get an early training in democratic decision making. 


Regards

Mr. Pralhad Jadhav 
Master of Library & Information Science (NET Qualified) 
Senior Manager @ Knowledge Repository  
Khaitan & Co 
Twitter Handle | @Pralhad161978