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March Final Issue.pmd - CHANGE 'Gateway to All Competitive Exams'

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MARCH 2012 Get Previous <strong>Issue</strong>s Free of Cost on Our Website: www.changetabloid.com<br />

HRD Ministry’s Nod for Uniform<br />

Accounting System in Educational<br />

Institutions<br />

Paving the way for uniform accounting system in<br />

educational institutions, the HRD ministry has accepted<br />

the recommendations of a committee of the Institute of<br />

Chartered Accountants of India (ICAI).<br />

To evolve consensus, recommendations would be put<br />

before the next state education ministers’ conference.<br />

The ministry would be organizing consultations with<br />

higher educational institutions and schools on the<br />

recommendations of ICAI Committee. The accounting<br />

standards would be made applicable <strong>to</strong> all Central<br />

educational institutions, universities under the<br />

regula<strong>to</strong>ry ambit of UGC or receiving grants from UGC,<br />

technical institutions under regula<strong>to</strong>ry ambit of AICTE,<br />

teacher education institutions under the regula<strong>to</strong>ry ambit<br />

of NCTE and schools affiliated <strong>to</strong> CBSE.<br />

The panel, while stating that educational institutions<br />

need an accounting system that presents a true and<br />

correct picture, said all educational institutions should<br />

be mandated <strong>to</strong> apply accrual basis of accounting. The<br />

committee said accounting standards issued by the ICAI<br />

should be made manda<strong>to</strong>ry <strong>to</strong> educational institutions.<br />

Fund-based accounting may be introduced for<br />

earmarked/designated funds, all educational institutions<br />

should follow a common format for presentation of its<br />

general purpose financial statements <strong>to</strong> ensure proper<br />

accountability, financial discipline, end-use of funds and<br />

<strong>to</strong> meet the needs of stakeholders.<br />

These recommendations would make accounting in<br />

educational standards more transparent and<br />

accountable. Though the new system is less intrusive it<br />

would help in more effective regulation of the education<br />

sec<strong>to</strong>r as well as help in preventing malpractices that<br />

plague the sec<strong>to</strong>r.<br />

Now, the accounting and financial reporting practices<br />

of educational institutions in India are oriented <strong>to</strong>wards<br />

meeting the needs of the governing bodies running them<br />

and educational institutions follow not only diverse<br />

accounting practices, but also different basis of<br />

accounting. The committee said the accounting<br />

standards should enable the society, student and citizen<br />

<strong>to</strong> define transparently the revenue earned through<br />

various sources - tuition fees and other charges, income<br />

from consultancy or from intellectual property owned<br />

by the institution (for higher educational institutions).<br />

MoU Signed between Power<br />

Finance Corporation Ltd and<br />

National Literacy Mission Authority<br />

An MoU was signed on 18 th January 2012 between the<br />

Power Finance Corporation Ltd (PFC) and the National<br />

Literacy Mission Authority (NLMA)<br />

As a part of this MoU:<br />

• The Power Finance Corporation has agreed <strong>to</strong><br />

extend assistance <strong>to</strong> “Saakshar Bharat<br />

Programme under their Corporate Social<br />

Responsibility (CSR) initiative <strong>to</strong> upgrade 120<br />

Adult Education Centres (AECs) at a cost of<br />

Rs. 6.6. crore.<br />

• PFC has decided <strong>to</strong> upgrade 120 AECs in Tamil<br />

Nadu, Rajasthan, Manipur, Nagaland and<br />

Himachal Pradesh.<br />

An interactive meeting with CEOs of major Public Sec<strong>to</strong>r<br />

Enterprises and Banks was held under the<br />

chairpersonship of HRD Minister, on 19 May, 2010 at<br />

Scope Convention Center, New Delhi. The purpose was<br />

<strong>to</strong> arrive at an approach <strong>to</strong> further augment the flagship<br />

programme of the government “Saakshar Bharat”<br />

through active support of the CPSEs/Banks.<br />

As a follow up, Container Corporation of India Ltd.<br />

(CONCOR) was the first CPSE <strong>to</strong> extend support <strong>to</strong><br />

Saakshar Bharat Programme for upgrading 20 Adult<br />

Education Centres (AECs) in Karnataka at a cost of<br />

Rs. 65.00 lakhs during 2010-11. CONCOR has also<br />

agreed <strong>to</strong> extend support <strong>to</strong> upgrade 50 AECs in<br />

Karnataka, Andhra Pradesh and Chhattisgarh at a cost<br />

of Rs. 2.5 crore during 2011-12.<br />

EDUCATION COVERAGE<br />

Ombudsman for Central<br />

Educational Institutions<br />

Union Ministry for Human Resource Development on<br />

18 January 2012 announced that there would be<br />

Grievance Redressal mechanisms in higher educational<br />

institutions. UGC, AICTE and NCTE would be requiring<br />

all Central Educational Institutions, institutions deemed<br />

<strong>to</strong> be universities, technical and management institutions<br />

under AICTE and teacher education institutions under<br />

NCTE <strong>to</strong> establish a Grievance Redressal Mechanism<br />

for Students and applicants for admission before the<br />

commencement of the admission this academic year.<br />

Every institution would be required <strong>to</strong> constitute an<br />

Ombudsman; person with judicial or legal experience <strong>to</strong><br />

be appointed from a panel suggested by the affiliating<br />

university for technical and management institutions,<br />

by the Central Government for deemed universities and<br />

by the regula<strong>to</strong>r for non-degree granting institutions.<br />

The concerned regula<strong>to</strong>rs would issue the detailed<br />

instructions <strong>to</strong> the educational institutions shortly.<br />

The Ombudsman shall have the jurisdiction <strong>to</strong> hear<br />

grievances concerning denial of admission, nonobservance<br />

of declared merit in admission, nonobservance<br />

of applicable regulations for reservation,<br />

with-holding of documents and non refund of fees in<br />

case of withdrawal of admission, discrimination and other<br />

such matters concerning students in pursuit of studies<br />

in the institution. In case of matters concerning weaker<br />

sections such as SCs/STs/OBCs or minorities, the<br />

Ombudsman can co-opt a person of eminence from the<br />

area coming from the weaker section <strong>to</strong> assist him/her in<br />

arriving at a decision.<br />

There are several grievances that arise relating <strong>to</strong><br />

students and applicants for admission in higher<br />

educational institutions. These grievances require<br />

prompt redressal in order <strong>to</strong> provide timely succor <strong>to</strong><br />

aggrieved students and applicants. The Parliamentary<br />

Standing Committee, while examining the Bill <strong>to</strong> prohibit<br />

and punish unfair practices, had recommended that proactive<br />

steps be taken <strong>to</strong> constitute Grievance Redressal<br />

mechanisms in higher education institution.<br />

Applicants for admission and students can apply <strong>to</strong> the<br />

Ombudsman for redressal of grievances and the<br />

Ombudsman shall deliver his/her order within one month.<br />

Although the order would not be binding on the<br />

institution, the regula<strong>to</strong>r would rely on the frequency of<br />

non-observance <strong>to</strong> decide on continued recognition <strong>to</strong><br />

such institutions.<br />

Indian Students Rank 2nd Last in<br />

Global Test<br />

Across the world, India is seen as an education<br />

powerhouse - based largely on the reputation of a few<br />

islands of academic excellence such as the IITs. But<br />

scratch the glossy surface of our education system and<br />

the picture turns seriously bleak.<br />

Fifteen-year-old Indians who were put, for the first time,<br />

on a global stage s<strong>to</strong>od second <strong>to</strong> last, only beating<br />

Kyrgyzstan when tested on their reading, math and<br />

science abilities.<br />

India ranked second last among the 73 countries that<br />

participated in the Programme for International Student<br />

Assessment (PISA), conducted annually <strong>to</strong> evaluate<br />

education systems worldwide by the OECD<br />

(Organisation for Economic Co-operation and<br />

Development) Secretariat. The survey is based on twohour<br />

tests that half a million students are put through.<br />

China’s Shanghai province, which participated in PISA<br />

for the first time, scored the highest in reading. It also<br />

<strong>to</strong>pped the charts in mathematics and science.<br />

“More than one-quarter of Shanghai’s 15 year olds<br />

demonstrated advanced mathematical thinking skills <strong>to</strong><br />

solve complex problems, compared <strong>to</strong> an OECD average<br />

of just 3%,” noted the analysis.<br />

The states of Tamil Nadu and Himachal Pradesh,<br />

showpieces for education and development, were<br />

selected by the central government <strong>to</strong> participate in<br />

PISA, but their test results were damning.<br />

Annual Status of Education Report<br />

(ASER) 2011<br />

The Annual Status of Education Report (ASER), 2011<br />

released on January 16 by Kapil Sibal, Minister of human<br />

resource development, has come out with some shocking<br />

revelations. In its key findings, while the student<br />

enrolment in rural India has seen a rise (96.7%) in the<br />

year 2011, there has been a decline in students basic<br />

reading levels, arithmetic levels and academic levels.<br />

STUDENT ENROLMENT<br />

The percentage of girls in the age group 11and 14 years<br />

who have been out of schools has seen a considerable<br />

decrease in 2011. For example, in Bihar, the number of<br />

girls out of school has dropped from 17.6% in 2006 <strong>to</strong><br />

4.3% in 2011. Rajasthan shows a decline from 18.9% in<br />

2006 <strong>to</strong> 8.9% in 2011. Apart from this, enrolment of<br />

students in private schools has seen a sharp increase.<br />

From 18.7% of children between the age group 6-14 years<br />

getting enrolled in private schools in 2006, it is 25.6% in<br />

2011.<br />

READING LEVELS<br />

Nationally, reading levels are estimated <strong>to</strong> have declined<br />

in many states across north India. The all India figure<br />

for the proportion of children in class V able <strong>to</strong> read a<br />

class II level text has dropped from 53.7% in 2010 <strong>to</strong><br />

48.2% in 2011. Such declines, however, are not visible in<br />

the southern states. The unsatisfac<strong>to</strong>ry levels of basic<br />

reading ability suggested by ASER and other studies<br />

including PISA point <strong>to</strong> an urgent need <strong>to</strong> focus on basic<br />

learning outcomes. Each state should define realistic,<br />

measurable outcomes in reading and understanding that<br />

can be unders<strong>to</strong>od by teachers and parents. The RTE<br />

states that childrens progress has <strong>to</strong> be communicated<br />

<strong>to</strong> parents. Textbook content <strong>to</strong>o, needs <strong>to</strong> be reviewed.<br />

ARITHMETIC LEVELS<br />

Basic arithmetic levels estimated in ASER 2011 also<br />

show a decline. Nationally, the proportion of class III<br />

children able <strong>to</strong> solve a two-digit subtraction problem<br />

with borrowing has dropped from 36.3% in 2010 <strong>to</strong> 29.9%<br />

in 2011. Among children of class V, the ability <strong>to</strong> do a<br />

similar subtraction problem has dropped from 70.9% in<br />

2010 <strong>to</strong> 61% in 2011. This decline is visible in almost<br />

every state; only Andhra Pradesh, Karnataka and Tamil<br />

Nadu show improvements in 2011.<br />

CHILDRENS ATTENDANCE<br />

At the all India level, childrens attendance shows a<br />

decline from 73.4% in 2007 <strong>to</strong> 70.9% in 2011 in rural<br />

primary schools. In some states, childrens attendance<br />

shows a sharp decline over time. For example, in primary<br />

schools of Bihar, the average attendance of children was<br />

59% in 2007, but down <strong>to</strong> 50% in 2011. In Madhya<br />

Pradesh, this figure has fallen from 67% in 2007 <strong>to</strong> 54.5%<br />

in 2011, while in Uttar Pradesh, from 64.4% (2007) <strong>to</strong><br />

57.3% (2011).<br />

MULTIGRADE CLASSROOMS<br />

Multiple classes sitting <strong>to</strong>gether are a real challenge in<br />

Indian classrooms. During the school visits, ASER<br />

focused on class II and class IV <strong>to</strong> observe whether<br />

children in these classes were sitting <strong>to</strong>gether with<br />

children from other classes. Nationally, for rural<br />

government primary schools, data suggested that over<br />

half of all classes visited were multigrade. Facilitated by<br />

Pratham, ASER is an annual survey of children in rural<br />

India and has completed seven years. It is undertaken<br />

by local organisations and concerned citizens.<br />

Wadhwani Foundation and Virginia<br />

Foundation for Community College<br />

Education Sign MoU<br />

The Wadhwani Foundation (WF) and the Virginia<br />

Foundation for Community College Education (VFCCE)<br />

USA signed a memorandum of understanding on 10 th<br />

January 2012. The Wadhwani Foundation and Virginia<br />

Foundation for Community College Education<br />

partnership seeks <strong>to</strong> leverage the combined expertise of<br />

Virginia’s Community College system in running industry<br />

relevant professional education sharing technical and<br />

organizational know-how, curriculum/courseware and<br />

teacher training <strong>to</strong> enhance such programmes in India.<br />

As part of the memorandum, the VFCCE and the WF will<br />

<strong>to</strong>gether identify high-impact skill development<br />

programs in India that need such support. These<br />

NCPCR Asked the State Governments <strong>to</strong> Propose a System called Shiksha Samvad partnerships could be forged with government or private<br />

initiatives and would involve vibrant exchange of ideas<br />

National Commission for Protection of Child Right (NCPCR) on 9 January 2012 directed the state governments <strong>to</strong> and technology transfer, adapting U.S. expertise <strong>to</strong><br />

propose a system called Shiksha Samvad for holding regular dialogues between government officials and civil position Indian institutions <strong>to</strong> meet local needs. Virginia<br />

society on the implementation of the Right <strong>to</strong> Education Act. In a letter, the commission, which is moni<strong>to</strong>ring the Community College experts will serve as consultants,<br />

Act, asked the state governments <strong>to</strong> institutionalize the system for regular reviews of the act. This will enable the sharing best practices. The Wadhwani Foundation will<br />

local administration <strong>to</strong> keep a close watch on how the implementation of the Act is proceeding at the ground level. provide local support and co-funding for this capacity<br />

It will also allow the people <strong>to</strong> seek speedy redressal by raising the issues directly with the government officials. building.<br />

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