Science

Cabinet nods for science institutes, regulatory body in vocational education space

Our Bureau New Delhi | Updated on October 10, 2018 Published on October 10, 2018

Cabinet has decided to set up Indian Institutes of Science Education & Research (IISERs) at Tirupati,Andhra Pradesh and Berhampur, Odisha. This will incur a total cost of Rs. 3,074.12 crore, comprising Rs. 2,366.48 crore non-recurring and Rs 707.64 crore recurring expenditure.

Additionally, the Cabinet has approved the merger of the existing institutions in the skills space – National Council for Vocational Training (NCVT) and the National Skill Development Agency (NSDA) to create a common body namely, National Council for Vocational Education and Training (NCVET).

The primary functions of NCVET will include, regulation of awarding bodies, assessment bodies and skill related information providers; approval of qualifications developed by awarding bodies and Sector Skill Councils (SSCs); indirect regulation of vocational training institutes through awarding bodies and assessment agencies; research and information dissemination and grievance redressal.

The Council will be headed by a Chairperson and also have Executive and Non-Executive Members.

This institutional reform will lead to improvement in quality and market relevance of skill development programs. Being a regulator of India's skill ecosystem, NCVET will have a positive impact on every individual, who is a part of vocational education and training in the country.

It will encourage students to apply for skill-based educational courses and also, facilitate the ease of doing business by providing a steady supply of skilled workforce to the industry and services.

Published on October 10, 2018

A letter from the Editor


Dear Readers,

The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.

Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.

In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.

We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.

But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.

I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.

A little help from you can make a huge difference to the cause of quality journalism!

Sincerely,

Support Quality Journalism
This article is closed for comments.
Please Email the Editor
You have read 1 out of 3 free articles for this week. For full access, please subscribe and get unlimited access to all sections.