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    LITERACY HIGHER EDUCATION

    Budget Basics: Why the human angle is so important in Budgets

    The budget is not just about finances; it is a reflection of a country's priorities. Investing in education, health, and women's empowerment is crucial for economic growth. With the right allocations, India can boost literacy, healthcare, and female labor force participation to drive sustainable development.

    Time for India to get the investment game right!

    Indian households traditionally prefer fixed deposits, gold, and real estate for investments. However, equities, mutual funds, SGBs, InvITs, and REITs offer higher returns over the long term. StockGro aims to educate and empower investors in the equity market. SEBI, NCFE, and RBI play roles in promoting financial literacy and regulating investments.

    A financial literacy letter to my younger self

    India's young population of 1.4 billion with a median age of 28.2 and urban population of 36%. Diverse investment landscape with BSE Sensex reaching 75,000. Strong financial planning for the future with a focus on asset allocation and growth-oriented investments.

    People with more financial literacy are less economically fragile — this matters for aggregate shocks from pandemics to climate change: Annamaria Lusardi

    Drawing from our data, these are mostly the Nordic countries, Canada and the UK. They have a strong educational system and do well in financial literacy. This does matter — studying microdata across countries, we’ve found people with greater financial literacy are less economically fragile or more able to face shocks. This is particularly important in an era when we face not just normal distur-bances but shocks at an aggregate level, like the pandemic or climate change, says Annamaria Lusardi.

    Prioritise, don't tick all boxes

    Countries aim to achieve UN SDGs but struggle due to lack of focus. Malawi prioritizes tablets for learning, India uses class shuffling, and Colombia focuses on literacy. Ghana digitizes revenue, and e-procurement reduces corruption for efficient governance.

    The East Asian tech hub: K-college the latest rage in K-pop Krazy Gen Z universe

    At around 2,000 this year, the number is still just a fraction of the Indian students enrolled in traditionally popular destinations such as the US, UK, Canada and Australia. But the East Asian technology hub is fast emerging as an alternative destination for Indian students, owing to factors such as a large number of courses taught in English, a developed market with ample internship and employment opportunities, pro-international student policies and competitive costs along with a government push to attract overseas students.

    • What can Bihar, with per-capita income 30% of national average, do to shed its low-income status?

      Bihar's economy has grown faster than the national economy, but it remains India's poorest state in terms of per-capita income. It faces challenges such as low urbanization, gender disparities, and low enrollment in higher education. Improving these areas is crucial for Bihar's prosperity and India's development goals.

      CoinSwitch CEO optimistic about regulatory shift towards innovation in India's digital ecosystem

      Ashish Singhal of CoinSwitch expresses optimism regarding India's evolving regulatory landscape for innovation in the digital ecosystem. He further discussed efforts to educate beginners and promote financial literacy, the interest of businesses in leveraging blockchain technology, recommendations to regulatory authorities, and navigating the regulatory landscape while respecting the framework.

      The Budget blueprint for bringing Oxford and Cambridge to India

      The University Grants Commission (UGC) released regulations for foreign campuses, but there are concerns about the 10-year permit duration and lack of financial benefits. The upcoming budget announcement presents an opportunity to address these concerns and propel India towards its vision of being an educational and global hub.

      Time to move beyond 1-2-3-4: What the ASER report reveals about Indian education system

      The 2023 ASER report explores the educational status of 14-18-year-olds in India. The report reveals that 85.6% of the cohort are enrolled in school or college. However, a significant number of youth lack foundational literacy and numeracy skills. The report emphasizes the need to improve these skills in higher grades. Additionally, the report highlights the importance of critical thinking and problem-solving skills in education. It suggests a reorientation of teaching methods to enable students to apply academic concepts to real-life situations.

      ASER, faster, higher, full STEAM ahead

      AI development, for instance, relies on maths, engineering and science. But creating an AI application product or service requires heuristic (where rules are only loosely defined, such as in frontier technologies), not just deductive, thinking.

      Savings is less about returns, more about habit: Why you must teach kids about money from young age

      As parents, we tend to shield our children from thinking too much about money. This is a grave mistake. Spending on children is good, but teaching them about money should not be ignored. This is the most important thing about personal finance that many never realise. Saving is not about the arithmetic of returns or interest rates, but a way of thinking, a habit.

      One Nation, One Student ID: What is APAAR, how to make an ID, and should parents, students be concerned?

      Each individual will possess a unique APAAR ID, linked to the Academic Bank Credit (ABC), a digital repository housing information about the credits earned by students throughout their educational journey. With the APAAR ID, students can digitally store all their certificates and credits, whether obtained through formal education or informal learning. When a student completes a course or accomplishes a milestone, it receives digital certification and is securely stored by authorized institutions.

      From digital literacy to digital mastery: Making tech skilling widely available is the way to go

      The IT/ITeS sector has been investing heavily in internal training and upskilling. Upskilling programmes are not only for young students, but also for mid-career professionals who want to enhance their skills and remain up-to-date with industry changes. Future Skills Prime Platform is an example of industry and skilling ecosystem collaborations that outline competency frameworks for job roles.

      Amit Agrawal appointed UIDAI CEO, Subodh Kumar Singh named DG NTA

      Senior IAS officers Amit Agrawal and Subodh Kumar Singh have been appointed as CEO Unique Identification Authority of India and director general of the National Testing Agency. As many as 13 senior officers have been appointed in different central government departments.

      View: India's challenge is no longer literacy but creativity

      Policymakers and teachers must reboot so that the education system does not merely produce human chatbots.

      Why women financial literacy is important for India's future

      By empowering women with financial education and resources, we can bridge long-standing gaps and help drive economic growth on a national level. When women progress, India progresses, and therefore, it is crucial to prioritise and invest in women's financial literacy and well-being.

      DPIIT reviews progress made by social sector ministries in adoption of PM GatiShakti National Master Plan

      The commerce and industry ministry said that "a whole of the government approach" is being adopted, for better decision-making, and planning of projects such as comprehensive mapping of schools, hospitals, services and public utilities.

      AICTE, Adobe tie up to advance digital literacy in India

      The All-India Council for Technical Education (AICTE) on Wednesday said it has signed a partnership agreement with Adobe to accelerate digital creativity skills across the country.

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