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Tata Motors Appoints Sitaram Kandi as Chief HR Officer

New Delhi: Tata Motors has announced the promotion of Sitaram Kandi as its new Chief Human Resources Officer (CHRO), effective from April 1, 2024. Currently serving as the Vice President – HR, Kandi joined Tata Motors in 2019 and brings three decades of HR expertise to his new role.

In his elevated position, Sitaram Kandi will oversee the comprehensive spectrum of Human Resources for Tata Motors’ Passenger Vehicle and Electric Vehicle Businesses. Additionally, he will join the prestigious Executive Committee, contributing to strategic decision-making within the organization.

With a rich professional history, Sitaram Kandi has accumulated extensive experience both in India and overseas. Prior to joining Tata Motors, he held the position of Director-HR at GE, focusing on Global Supply Chain operations in South Asia.

An alumnus of the Symbiosis Institute of Management Studies, Sitaram Kandi holds a bachelor’s degree from Osmania University. His diverse background and global HR insights position him to play a pivotal role in steering Tata Motors’ human capital strategy towards continued success.

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Govt of Haryana Reshuffles Administrative Landscape: 116 IAS and HCS Officers Transferred

New Delhi: In a significant move, the Government of Haryana has announced the transfer and appointment of 116 IAS and HCS officers to various crucial roles.

Among the key changes, Sujan Singh, IAS (HY: 2009), is now the Director, State Transport, Haryana, and Special Secretary to Government, Haryana, Transport Department.

Dr. Harish Kumar Vashishth, IAS (HY:2016), takes charge as Additional Deputy Commissioner-cum-District Citizen Resources Information Officer, Panchkula. Dr. Brahmjeet Singh Rangi assumes a similar role in Palwal, and Sahil Gupta in Jind, bolstering administrative strength.

Akhil Pilani becomes Additional Deputy Commissioner-Cum-District Citizen Resources Information Officer in Karnal, while Rewari welcomes IAS Anupama Anjali as its Additional Deputy Commissioner-Cum-District Citizen Resources Information Officer. Officer Pradeep Singh joins as Additional Deputy Commissioner-Cum-District Citizen Resources Information Officer in Nuh.

Faridabad Municipal Corporation witnesses a change with Officer Swapnil Ravindra Patil as its new Additional Commissioner. Vaishali Singh takes on responsibilities in Rohtak as Additional Deputy Commissioner-Cum-District Citizen Resources Information Officer.

In a dual role, Officer Anand Kumar Sharma assumes the mantle of Administrator of Haryana Shehri Vikas Pratikaran (HSVP) and Additional Director in Urban Estate, Faridabad. Meanwhile, Officer Renu Sogan moves to HSVP Gurugram and the Additional Director in Gurugram Urban Estate.

Mehendragarh sees Officer Deepak Babulal Karwa as its new Additional Deputy Commissioner-Cum-District Citizen Resources Information Officer, while C Jayasharadha is reassigned to Kaithal. Officer Rahul Modi takes on the role of Additional Deputy Commissioner-Cum-District Citizen Resources Information Officer in Fatehabad.

These strategic appointments aim to enhance administrative efficiency and bring fresh perspectives to key positions across Haryana.

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New Budget Unveils Credit Enhancement Guarantee Scheme Empowering Scheduled Castes Entrepreneurs

New Delhi: In a landmark move, the “Credit Enhancement Guarantee Scheme for Scheduled Castes” (CEGSSC) was introduced during the 2014-15 Union Budget by the Ministry of Social Justice & Empowerment, Government of India. Initially funded with Rs. 200 crores, the scheme aims to foster entrepreneurship among Scheduled Castes by providing Credit Enhancement Guarantee to Member Lending Institutions (MLIs).

IFCI Ltd, acting as the Nodal Agency, oversees the implementation of the scheme, issuing guarantees to MLIs that support Scheduled Caste entrepreneurs. Under CEGSSC, entities ranging from Individuals to Registered Companies belonging to Scheduled Castes can access financial assistance for Term Loan, Composite Term Loans, or Working Capital facilities.

Key Highlights of the Scheme

– Entities led by SC entrepreneurs can secure loans from Rs. 15 lakhs to over Rs. 5 crores.

– Banks/MLIs can obtain guarantees under CEGSSC, with coverage ranging up to a maximum of Rs. 5 crores.

– Guarantee cover percentages vary based on loan amounts, ranging from 100% for loans up to Rs. 1 crore to 60% for loans exceeding Rs. 5 crores.

– SC entrepreneurs or their promoted entities must approach MLIs/Banks for loan application, and MLIs/Banks can avail the guarantee under CEGSSC.

Eligibility Criteria for Guarantee Cover

– Registered Companies, Societies, and Partnerships with more than 51% SC shareholding are eligible.

– No collateral security is required for obtaining loans from Banks under the scheme.

Guarantee Period and Fees

– Guarantee period spans a maximum of 7 years or the repayment period, whichever is earlier.

– Annual renewal fees for Banks/MLIs range between 0.20% to 0.75% depending on the loan amount, with reduced fees for SC women and SC divyang entrepreneurs.

Member Lending Institutions (MLIs)/ Banks

A list of prominent MLIs/Banks, including State Bank of India, Bank of Baroda, Union Bank of India, and others, participate in the implementation of the scheme, contributing to the empowerment of Scheduled Castes in the entrepreneurial landscape.

 

This story has been sourced from PIB.

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Interim Budget 2024: Youth and Women Empowerment, Innovation & Healthcare Take Center Stage for Robust Economic Growth

New Delhi: The Interim Budget 2024 was focused on youth and women empowerment while maintaining fiscal consolidation and continuing capex. 

The whooping 6.8% increase in the allocation of budget compared to the previous year to the education sector is a futuristic move. It is being proudly noted that the female enrolment in higher education increased by 28 percent and that in STEM courses it stands at 43 percent which is one of the highest in the world and with further increased budget, it is sure to boost the women in all spheres.

Innovation and Entrepreneurship -The key areas that would lead to better economic growth has been well considered and the Rs.1 lakh crore interest free loans is sure to motivate the private sectors to focus on R&D, Innovation and Entrepreneurship. This may also be helpful in integrating collaborative activities between organizations and help in employments too.

The major reforms and acceptance of Up skilling and reskilling of the youth has helped in understanding the demand for Hybrid models of learning has led to the funding of National Research Fund and establishing the Higher Education Commission. This is sure to help in improving the needed ed tech resources like digital infrastructure, digital repositories leading to further achievements in skill development.

Healthcare has been prioritized in this budget. Vaccinations against Cervical cancer, increase in medical colleges, introducing better mother and child care plans, Promoting Domestic Pharmaceutical production are few significant steps that would ensure and promote Public Healthcare.

The support for aviation industry and Metros will boost the tourism in India, again leading to growth of our economy.

The budget is quite promising and one can expect the GDP to increase or at least be maintained at 7% like the last three years leading India to be the fastest growing economy among the G20 countries.

 

Author: Prof. Dr.B.Sendilkumar, Dean-Allied Health Sciences and Head Transformation, VIMS Hospital at Vinayaka Mission’s Research Foundation – University

 

Disclaimer: The views expressed in this article are solely those of the author and do not necessarily reflect the opinions or policies of ObserveNow Media. The author is solely responsible for ensuring the accuracy, completeness, and validity of the information presented, encouraging readers to independently verify and seek professional advice if needed.

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Major Bureaucratic shuffle in J&K, 100 Officers transferred

New Delhi: In a major bureaucratic shuffle, a directive has been issued by the Jammu and Kashmir Government on transferring and reappointing 100 civil and administration officers in a major reshuffle.

Pardeep Kumar, IAS, Director, Archives, Archaeology and Museums, JK, is transferred and posted as Secretary in the Forest Department.

Alok Kumar Maurya, IFS, DFO, Social Forestry Jammu, is transferred and posted as Additional Chief Executive Officer, Shri Mata Vaishno Devi Shrine Board vice Navneet Singh, IFS who shall report to Department of Forest, Ecology and Environment for further posting.

Asif Hamid Khan, JKAS, Director General, Entrepreneurship Development Institute, JK, is transferred and posted as Member JK Special Tribunal vice Raj Kumar Katoch.

Vivek Sharma, JKAS, Director General, Social Welfare, Jammu, is transferred and posted as Secretary in the Agriculture Production Department. 

Bashir Ahmad Khan, JKAS, Director General, Sheep Husbandry, Kashmir, is transferred and posted as Secretary in the Social Welfare Department. He shall continue to hold the charge of Director General, Sheep Husbandry, Kashmir, in addition to his own duties, till further orders.

Sajad Hussain Ganai, JKAS, Additional Inspector General of Registration, Kashmir, is transferred and posted as Director General, Development Expenditure Division-I, Finance Department, against an available vacancy.

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RBI Imposes Stringent Measures on Paytm Payments Bank Amidst Regulatory Concerns

New Delhi: In a press release issued on 11th March 2022, the Reserve Bank of India (RBI) invoked its authority under section 35A of the Banking Regulation Act, 1949, instructing Paytm Payments Bank Ltd (PPBL) to cease the onboarding of new customers with immediate effect.

The directive follows a Comprehensive System Audit report and subsequent compliance validation, revealing persistent non-compliances and ongoing material supervisory concerns within the bank. Consequently, the RBI, utilizing its powers under section 35A of the Banking Regulation Act, 1949, and other applicable authorities, issued the following directives to PPBL:

1. No new deposits, credit transactions, or top-ups will be permitted in customer accounts, prepaid instruments, wallets, FASTags, NCMC cards, etc., after February 29, 2024, except for interest, cashbacks, or refunds.

2. Customers are allowed unrestricted withdrawal or utilization of balances from their accounts, including savings and current accounts, prepaid instruments, FASTags, National Common Mobility Cards, etc., up to their available balance.

3. After February 29, 2024, PPBL is prohibited from offering any banking services, except for those mentioned in point 2. This includes fund transfers such as AEPS, IMPS, BBPOU, and UPI facilities.

4. The Nodal Accounts of One97 Communications Ltd and Paytm Payments Services Ltd. must be terminated no later than February 29, 2024.

5. Settlement of all pipeline transactions and nodal accounts, initiated on or before February 29, 2024, must be completed by March 15, 2024, with no further transactions permitted thereafter.

These stringent measures underscore the RBI’s commitment to addressing regulatory concerns and ensuring compliance within the banking sector.

Tags: BFSI

NSDC collaborates with MSSU & Rubika for the advancement of Skill Development

New Delhi: In a significant step towards fostering skill development in Maharashtra, the National Skill Development Corporation (NSDC), Maharashtra State Skills University (MSSU), and Rubika, Consortium of Design Institute, France, joined hands today by signing a Memorandum of Understanding (MoU). The transformative agreement was inked by Ved Mani Tiwari, CEO of NSDC, and Dr. Apoorva Palkar from MSSU, in the esteemed presence of Maharashtra Chief Minister Eknath Shinde.

This collaboration, with a focus on the underserved sections of society, holds the promise of uplifting livelihoods through innovative projects. The partnership aims to achieve this by enhancing the capacity of grassroots institutions, establishing market linkages, and facilitating industry connections to empower artisans, village industries, and MSMEs.

The ultimate goal of this initiative is to create pragmatic solutions that will boost economic activities and serve the larger public interest in Maharashtra. With a commitment to skill development and inclusive growth, the NSDC, MSSU, and Rubika consortium are set to contribute significantly to the advancement of the state’s workforce and overall socio-economic landscape.

Tags: Education

Mohammed Moshin, IAS appointed as Principal Secretary to Government Health & FW Dept

New Delhi: Mohammed Mohsin, IAS former Principal Secretary to Government, Labour Department Government of Karnataka has been transferred and appointed as the Principal Secretary of Health & Family Welfare (Medical Education).

Moshin announced his new appointment on LinkedIn stating “Took charge as Principal Secretary Health & Family Welfare (Medical Education )! New responsibility in the field of Medical Education in Karnataka!”

Prior to this Moshin served as the Principal Secretary to Government, Revenue Department; Secretary to Government, Revenue Department; Managing Director and CEO, KSSIDC LTD; Commissioner for Public Instruction., Department of School Education, Govt of Karnataka.

On the educational front, He has done an MBA course from the Karnataka State University and has done M.COM from Patna Commerce College.

Tags: Governance

Challenges and Reforms: A Deep Dive into the Issues Plaguing Indian Higher Education, Exclusive Interview with Sanjay Padode

New Delhi: Indian private higher education institutions face several challenges, including inadequate infrastructure, variable quality of faculty, and a reliance on rote learning. Reforms are imperative to enhance the education system’s quality. Initiatives such as faculty development programs, modernizing curriculum to align with industry needs, and fostering research-oriented environments can address these issues.

Achieving world-class universities in India requires sustained investment, international collaborations, and emphasis on innovation. The National Education Policy 2020 is a significant step, introducing structural changes like flexible curricular frameworks and multidisciplinary education, fostering a conducive environment for the evolution of globally competitive institutions. In this regard, Rikita Paul, ObserveNow interacted with Sanjay Padode, President, Vijaybhoomi University.

 

Here are a few excerpts from the interview:

According to you, what are the major challenges faced by Indian private higher education players? What reforms are needed in the education system to improve the quality of education in India?

Indian Education system is being challenged by the rapid growth of the economy and the rising aspirations of the Indian Population. The demographics of India is probably one of the most diversified in the world. The education system of India needs to deliver on

·       Literacy for the marginalized population

·       Skill-based training to meet the requirements of the growing services and manufacturing sectors

·       Capacity building through talent development for fuelling the growth rate that India is enjoying

·       Creating innovators, entrepreneurs, and thought leaders to sustain the growth rate of the nation.

 

To deliver on all of these formidable but achievable challenges, the country will need to:

  • Enhance the Gross Enrolment Ratio to 50% from 30%
  • Untangle the complex web of regulations managed by multiple regulating agencies. 
  • Develop a pool of good quality faculty that are focused on teaching and learning.
  • Reduce the trust deficit between the industry and academia.
  • Eradicate the lack of transparency in the working of institutions. 
  • Curb the rampant political interference in the management of academic affairs.

 

The reforms required in education are many and are quite well addressed by the National Education Policy 2020. I am listing the few that I consider as most important:

1.       Consolidation of regulating agencies into one regulatory framework which has a common mission.

2.       Improvising the primary and secondary school education system which is being operated by the government.

3.       Since education is on the concurrent list, it is important to align the priories of the states with the national agenda.

4.       Enhance the rigor in academics and to do this the regulator has to change their approach from being inspectors to being facilitators.

5.       Allow the students to choose, migrate, transfer, and exit multiple times during their education journey across states, institutions, universities, and countries.

6.       Create a financial institution dedicated to providing education loans to students, and infrastructure development loans to institutions both private and public. This institution should be partly funded by the government and more funded by the CSR funds of the corporations and those who want to give back. The same institution must also provide research funding to both private and public-owned institutions. The research funding should be provided to deserving faculty agnostic of the institution. 

7.       The regulators need to reduce the number of rules and enhance the effectiveness of regulation. Interconnect data filed with income tax and the reported data provided to the education regulators. For academic data maintain a single repository of information which could then be accessed by the Centre, State, Accreditation and Professional bodies.


How can India have world class universities? With a goal set to build world-class Indian institutes in higher education, the National Education Policy 2020 is making structural changes. Crucial amongst them is the ranking framework NIRF and beefing up the role of the NAAC and NBA. What movement have you noticed on this front?

In my view the regulator should never ever promote ranking. Ranking defeats the purpose of education. The regulator should focus more on the quality assurance. Thus accreditation must be made more rigorous and the NIRF must be disbanded. Allow ranking to be done by professional agencies and provide incentives to institutions who can break through into the global rankings. The regulators must also equate the Indian accreditation systems with the internationally acclaimed and recognized accreditation systems established by various professional agencies of repute. NBA and NAAC need to evolve and should be allowed to compete with the international accreditation frameworks. The choice of an accreditation system should rest with the institution. However accreditation should be made mandatory and a correlation must be established between international accreditation systems, Indian accreditation systems, and global rankings. Such correlations could help in enhancing the efficacy of the Indian accreditation systems. Also, the fight for survival for the Indian accreditation agencies would ensure the relevance of their models and would keep the gaming of the system under check.


Why is maintaining operational and financial transparency important for private universities?

A lot of taxpayer’s money is routed into the public universities and school education system. This money needs to be accounted for properly to avoid leakage and to ensure that the same is deployed efficiently. Thus it is important that all schools and universities both public and private report their numbers transparently. It is mandated that education be run not for profit and on the contrary more than 70% of India’s higher education is delivered by the private sector. It is no no-brainer that this would not be happening if the “not for profit” mandate was implemented effectively. The regulator needs to build checks and balances just like the RBI to monitor and regulate the use of funds in this sector. The regulator must insist periodic reporting of data by such institutions and make it transparently accessible to all the stakeholder including parents and students. The more transparency is created, the more trust will develop. 

What are your future plans for Vijaybhoomi university? What unique practices are followed at the university to shape the young minds of India?

The University has multiple schools based on disciplines which offer variety of learning pathways to professional degrees. For instance our school of music offers a unique learning pathway leading to a Bachelor’s in Technology in Sound Engineering. The curriculum of the University has been designed to promote learning by doing and learning through immersions. Some of our unique and compulsory curricular interventions are mentioned below 

·       Personality Enhancement Program (PEP) for developing the learner physically, mentally and spiritually. 

·       Research Incubation (RI) has been designed to develop research skills, enhance analytical thinking and problem solving ability.

·       Innovation Incubation (II) develops problem solving, decision making and risk taking abilities of the student

·       Social Immersion Program (SIP) sensitizes a student to social challenges through immersion and helps develop problem solving ability, empathy and compassion. 

·       Industry Internship Program (IIP) immerses a student into the working of an organisation and provides an opportunity to apply the learning to practice in real life situation.

 

In 2022, the ministry of education issued guidelines to help central universities initiate the process of endowment fund, which was also in line with NEP which encourages universities to look for external sources for funding . Why are endowment funds important for education Institutes?

Donation and Endowments are the manifestation of trust of the alumni, community and the society in the institutions commitment to its mission. The quantum of endowments and donations received by a University is true reflection of the universities contribution to the society. 

Having stated the above, endowment funds and donations direct impact on a University are mentioned below

1.       Development of Infrastructure for research, teaching and learning

2.       Hiring of top-quality faculty who are dedicated to research and knowledge creation and are seeking funds to continue their efforts

3.       Setting up of incubation centers for addressing real-life problems and for those that are anticipated in the near future.

4.       Sustainability and longevity of the institution

5.       Expanding the operations through off shore satellite campuses 

6.       Endowments can provide the necessary fuel for enhancing the number of Ph.D. scholars 

7.       They can enhance the ability of the University to provide financial assistance to deserving students and thereby make the institution more inclusive

8.       Large Endowments can also help Universities lower the fee and thus provide a level playing field for students from different strata of society.

Tags: Education

CtrlS Shaping Future by Integrating AI, Cloud, and Advanced Technologies into Service Offerings: Exclusive interview with CIO

New Delhi: In the fast-paced realm of technology, innovation is the driving force behind progress. Many companies today are dedicated to adopting and integrating new technologies into their service portfolios, ensuring they remain at the forefront of industry advancements. When it comes to managing data services, these organizations prioritize robust data security for their clients.

Implementing state-of-the-art security protocols, encryption measures, and continuous monitoring, companies strive to create a secure environment, instilling trust and reliability in their clients’ interactions with their services.In this regard Pronali Dhar, ObserveNow interacted with Anil Nama, CIO, CtrlS Datacenters.

Here are a few excerpts from the interview:

Can you share insights into CtrlS’ role as a frontrunner in technology innovation, especially in launching India’s 1st and Asia’s Largest Rated-4 Datacenters?

CtrlS has always believed that constant innovations are key to stay ahead of the curve and critical to get the best availability, PUE, etc. Businesses put a strong emphasis on energy-efficient designs to reduce operational costs and environmental impact. Innovative cooling technologies are sought after to ensure optimal energy utilization. As a trailblazer in innovation, CtrlS has accumulated an impressive portfolio of 200 innovations, with an emphasis on 80 innovations dedicated to energy efficiency. Our construction technology and energy efficiency innovations have helped us to establish not only India’s first but the largest Rated-4 datacenter footprint. Our founder Sridhar Pinnapureddy has laid the vision to provide secure and cutting-edge platforms to our customers.

How does CtrlS approach adopting and integrating new technologies into its service portfolio?

CtrlS has been an early adapter of new and advanced technologies, which has helped us expand our portfolio of service offerings. Recognizing the surge in AI and cloud technology adoption, CtrlS aims to add AI and cloud-ready hyperscale data centers. We will further invest in advanced technologies such as liquid cooling, AI HVAC, optimized rack layout, and high-efficiency power infrastructure to benefit our customers. Increased use of AI will optimize data management and capacity. AI algorithms will help analyze patterns, predict storage needs, and optimize data placement, enhancing overall storage resource utilization. 

Given the prominence of CtrlS in managing data services, how does the company ensure robust data security for its clients?

At CtrlS, we maintain the utmost security and compliance standards for safeguarding client sensitive data. CtrlS ensures a well-protected and uninterrupted flow of business operations, instilling confidence. Our intrusion mechanisms help anticipate, manage, and repel network attacks, encompassing a wide range of threats. Additionally, CtrlS’ security capabilities ensure tracing the origins of attacks, providing real-time insights into the source of the threats, prioritizing security, enabling business continuity, and deploying collaboration tools effectively. CtrlS’ Security Operations Center (SOC) helps safeguard digital assets and ensures the cybersecurity of businesses. 

Could you provide insights into CtrlS’s pioneering efforts in Disaster Recovery as a Service (DRaaS) and its significance in the industry?

CtrlS’ Disaster Recovery Services provide solutions to safeguard businesses against data loss and system failures. These services include data replication, backup, and recovery strategies to ensure continuity in the event of a disaster. CtrlS leverages state-of-the-art technology to back up data to offsite, geographically dispersed locations, thus reducing the risk of data loss due to unforeseen events. CtrlS caters to both the data center and DR needs of enterprises across verticals, aiding the customers’ digital transformation needs, and securing their data all the time.

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