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Code vs. Concrete: Why CSE Ranks Supreme and What It Means for the Future of Other Disciplines

Code vs. Concrete: Why CSE Ranks Supreme and What It Means for the Future of Other Disciplines

The Hindu4 days ago

Each engineering admission season in India has a familiar climax. Computer Science and Engineering (CSE) is the first branch to fill up, often with the longest queues. In 2025, this trend has not only continued but also intensified. This year's AP EAPCET 2025 results saw 1.89 lakh students qualifying for engineering programs, and in every region from Vizag to Chittoor the most-coveted seats were in CSE, Artificial Intelligence, and Data Science.
Institutions like state private universities and deemed-to-be universities are witnessing intense competition for limited seats in next-gen specializations such as AI-ML, cybersecurity, and full-stack development. While the official counselling process hasn't concluded, preliminary cutoffs suggest a near-complete fill rate for these programs even before the second round begins.
But Andhra Pradesh is not merely following the national pattern it is reshaping it. With the launch of its Quantum Valley initiative, the state has taken a bold step in decentralizing the future of engineering. Through the Andhra Pradesh State Council of Higher Education (APSCHE), the state is mandating all engineering colleges to offer 18-credit minor programs in Quantum Computing and Artificial Intelligence, effective from the 2025–26 academic year. This means that whether a student chooses Civil, ECE, or Mechanical Engineering, they will still graduate with exposure to technologies that define Industry 5.0.
The scale of this initiative is massive. More than 500 faculty members from across the state's public universities are undergoing training in AI, machine learning, and quantum algorithms. Institutions like Andhra University, JNTUK, SVU, and Yogi Vamana University are establishing dedicated labs to support AI-driven research. Quantum simulators and cloud computing access points are being funded by partnerships with TCS, IBM, and national centres of excellence under the Ministry of Electronics & IT. For a state once criticized for brain drain, this is a serious move to make Andhra a talent exporter, not just to Indian IT firms but to global tech ecosystems.
Still, the traditional branches are far from obsolete. In fact, Andhra's data tells a nuanced story. The AP ECET 2025, which offers diploma holders a chance to enter engineering programs in the second year, has seen strong participation from Mechanical, ECE, and Civil branches. Of the 13,301 diploma students eligible this year, many continue to prefer 'core' engineering, but they are demanding upgrades. They want Mechanical + Robotics, Civil + Smart Infrastructure, EEE + Embedded Systems. And Andhra's colleges are listening.
For example, in West Godavari, SRKR Engineering College introduced a minor in AI for Mechanical Engineering students. In Vizianagaram, the MVGR College of Engineering is running a 'Smart Civil Engineering' program where students use drones and sensors for structural analysis. At SRM University both the AP and Chennai campuses students from Civil and Mechanical Engineering streams are actively encouraged to pursue minors in Artificial Intelligence, Data Science, or Robotics through a flexible credit-based system. These programs allow students to take interdisciplinary electives and projects aligned with emerging technologies, often leading to dual-specialization or industry-backed certifications. Students aren't rejecting core engineering they are redefining it. They see value in physical infrastructure but know the tools of tomorrow are digital.
This hybridization is crucial. A CSE student today may write code for a healthcare app. But a Mechanical engineer with Python skills can automate a ventilator. A Civil engineer with knowledge of AI can design buildings that monitor their own integrity. A future-ready engineer, regardless of branch, must be digitally fluent. That is the thesis Andhra Pradesh is championing and perhaps exporting to the rest of India.
Meanwhile, coastal Karnataka and parts of Tamil Nadu are also observing what Andhra has initiated. Institutions like NITTE University in Mangaluru and Anna University in Chennai are revamping core courses and doubling Civil Engineering intakes, hoping to mirror the demand revival seen in Andhra's core streams. There is cautious optimism that core disciplines, when modernized, will regain the respect and demand they once enjoyed.
This shift also comes with cultural changes. Parents who once pushed only for software jobs are now exploring alternate futures. A case in point: A student from Rajahmundry with a 98 percentile in EAPCET opted for ECE + AI instead of traditional CSE, citing interest in space tech and IoT. 'I wanted to design things, not just code,' he says. This mindset shift though slow is growing.
It's not entirely new. Visionaries like Ada Lovelace, Gordon Moore, and Alan Kay predicted this era of convergence. Lovelace imagined that computers could compose music and art, not just numbers. Moore's Law foresaw the exponential leap in processing power that powers AI today. Alan Kay, the father of the graphical interface, envisioned personalized, portable computing before the rest of the world even imagined smartphones. Andhra's Quantum Valley and AI integration are simply new chapters in that old, visionary book.
In conclusion, the CSE surge in 2025 is both real and rational. The career paths, starting salaries, and innovation opportunities it offers are unmatched for now. But Andhra Pradesh shows us that the future doesn't belong only to coders. It belongs to creators, those who can build, compute, adapt, and collaborate. Whether in smart mobility, green buildings, or quantum-enhanced processors, engineers of all kinds will shape India's future. Andhra, it seems, has already pressed the 'compile' button.
The Employability Angle: Where the Jobs Are in 2025
The rise in demand for CSE and allied fields isn't just about popularity it's driven by employability. According to a 2025 report by NASSCOM and TeamLease EdTech, over 72% of new engineering job postings in India are for roles in Software Development, AI/ML, Data Science, and Cybersecurity. Entry-level salaries for AI engineers now average ₹8–12 lakh per annum, significantly higher than the ₹3–5 lakh average for traditional mechanical or civil roles. Additionally, multinational hiring in India's Tier-2 cities has accelerated, with Andhra's Amaravati and Vizag emerging as tech recruitment hubs.
Yet the shift is not binary. Hybrid roles like ECE graduates with IoT skills or Mechanical engineers skilled in robotics are also in high demand. Startups in automation, electric vehicles, and smart manufacturing are increasingly recruiting from core branches with tech overlays, especially those offering hands-on experience in Python, embedded systems, or cloud computing. Employers are no longer recruiting by branch alone they're hiring by capability clusters, which blend coding, design thinking, and domain-specific knowledge.
The compiler of this vision is Naga Sravanthi Puppala, a Computer Science and Engineering faculty member who believes that code is not just written, it is woven into the future.
'This article is part of sponsored content programme.'

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Turmeric farmers part of PM Modi's vision of $1 billion exports by 2030: Amit Shah
Turmeric farmers part of PM Modi's vision of $1 billion exports by 2030: Amit Shah

Hans India

time11 minutes ago

  • Hans India

Turmeric farmers part of PM Modi's vision of $1 billion exports by 2030: Amit Shah

Hyderabad: Union Home Minister and Minister of Cooperation, Amit Shah, after inaugurating the headquarters of the National Turmeric Board in Nizamabad on Sunday, said, Prime Minister Narendra Modi has fulfilled a 40-year-old demand of millions of turmeric farmers across the country, particularly in Telangana. Addressing a farmer's meeting where he had also unveiled the logo of the NTB, he said 'This promise made by the Prime Minister is now being realized. Nizamabad, known as the turmeric capital for decades and a location where farmers have cultivated turmeric for centuries, has not seen its product reach global markets until now.' However, with the formation of the National Turmeric Board, 'Turmeric from Nizamabad will be exported to many countries within the next 3-4 years,' he added. Amit Shah mentioned that once the NTB begins its operations, farmers will be free from the shackles of the middlemen. 'The Board will create a comprehensive chain for turmeric packaging, branding, marketing, and export.' Highlighting the medicinal properties of turmeric, Shah said, 'It is anti-viral, anti-cancer, and anti-inflammatory, and is recognized worldwide as a wonder drug. Consuming even a small amount can address multiple health issues simultaneously.' He also noted the beginning of production and marketing of GI-tagged organic turmeric.' Amit Shah said that the Centre has set a target of achieving one billion dollars in turmeric exports by 2030, 'with all necessary preparations already in place. The National Turmeric Board will ensure that farmers receive maximum value for their products, promote turmeric consumption in international markets, and publicise the medicinal benefits of Indian turmeric worldwide.' Additionally, the Board will ensure that the quality and safety standards of Indian turmeric meet global benchmarks, arrange for appropriate packaging, and provide training and skill development to farmers on effective harvesting techniques to prevent export-related obstacles. The Union Home Minister further added that research and development on the health benefits of turmeric will be conducted to showcase these advantages globally. He underscored that Nizamabad, Jagtial, Nirmal, and Kamareddy districts of the State are among the top turmeric-producing areas in the country. He recalled that in 2025, turmeric farmers received prices between Rs 18,000 to Rs 19,000 per quintal. Concerted efforts are underway to increase the price to an additional Rs 6,000 to Rs 7,000 per quintal over the next three years. In the 2023-24 season, turmeric was cultivated in 3,00,000 hectares in India, yielding 10.74 lakh tonnes. The Union Minister highlighted that Prime Minister Modi established National Cooperative Exports Limited (NCEL) to assist farmers engaged in exports and National Cooperative Organics Limited (NCIL) for those involved in organic farming. Shah noted that Modi has cultivated a culture of keeping promises, and the commitment made in 2023 to establish the National Trade Bureau (NTB) has been fulfilled.

Does your kid want to be the next Kohli, Ronaldo? Financial planning for kid's sports career needs a different strategy than for education, here's a guide
Does your kid want to be the next Kohli, Ronaldo? Financial planning for kid's sports career needs a different strategy than for education, here's a guide

Economic Times

time17 minutes ago

  • Economic Times

Does your kid want to be the next Kohli, Ronaldo? Financial planning for kid's sports career needs a different strategy than for education, here's a guide

iStock Financially planning for your child's sports career is vastly different from planning for other needs of your child, be it higher education or more. Hence, this should not be approached in a conventional way. Traditional Indian wisdom and lore have never quite celebrated the virtues of sport as a career, allowing it to languish in the shadow of academic pursuits. The new India, however, is starting to wonder why. Even as a young brigade of sporting icons—Neeraj Chopra (athletics), Manu Bhaker (shooting), Lakshya Sen (badminton), D. Gukesh (chess)—is making a place for itself in the societal psyche, the stodgy Indian parent has found other reasons to warm up to this career option for kids. For one, parents' improved earning and saving ability means that they can provide a financial cushion to the child wanting to explore it as a career path without relying on it as a source of livelihood. Even if the child is unable to scale sporting stardom, they can fund his education to gain lateral entry into a vast array of aligned career options, be it sports management, science and analytics, psychology or coaching, which can also be prestigious and financially rewarding. Financial wherewithal also means they can secure the best facilities and training to ensure the child can compete with the top players in the world. Ajit Menon did just that by sending his son to Madrid, Spain, for football training in 2022. 'Once I realised his seriousness and passion for what he wanted to do, I wanted to pull out all stops to make it possible for him,' says Menon, who is the CEO of PGIM India Mutual Fund. His son, Aymaan, joined the Aquinas American School in Madrid when he was just 15 years old because it had a school program run by one of the top professional football clubs, Getafe CF. A big pull for parents is also the improved financial earnings in terms of prize money and corporate sponsorships for sports other than cricket. Add to it the government nudge, such as the Khelo India initiative, which offers improved infrastructure, training and opportunities, and there is a better chance for kids to compete at the global scale and turn it into a financially viable profession. AYMAANMENON, 18 yrsMumbai/Madrid (Spain) Parents: Ajit & Alinaa, both 54 yrs CAREER GOALReturn to India and play in Indian Super League (football). CAREER TIMELINE 2014Started playing at 8 years. 2014-21 Local football leagues. 2021 Attended 10-day Advanced Real Madrid football camp in Spain. 2022 Joined school in Madrid tied up with Getafe CF (football academy). 2025 Started undergrad at Universidad Europea + professional football club. EXPENSE TIMELINE 2022-2024Rs.30 lakh a year (schooling + Getafe club in Madrid). 2025 onwards Rs.30-35 lakh a year (graduation + football clubs in Madrid). FINANCIAL PLANNING Goal estimate in 2015 Rs.75 lakh Revised estimate in 2025 Rs.1.25 crore Current corpus: 75% of the goal funded. Invested in: Currently mutual funds. Despite this optimistic scenario and emergence of the new sporting ecosystem, there are several financial challenges and risks that plague this career option. 'Pursuing a sports career in India involves high risk with no guaranteed returns. Performance risk is significant; despite talent, few reach elite levels. Injuries can abruptly end careers, and the financial burden of coaching, travel and gear is steep and front-loaded,' says Naveen Gogia, Founder & Managing Director, Creed Capital. Ignorance about training expenses, lack of financial preparedness, and need for a back-up plan are among the primary hurdles that parents of sporting aspirants typically deal with. In the cover story this week, we shall try to explain how to overcome these and other shortcomings that are endemic to this career option. Financial challenges When a child wants to pursue a sports career, the immediate concern for parents is financing the journey so that he can avail of the best training. While the initial costs at the recreational level of play are low and manageable, the sudden jump in expenses when he transitions to professional training comes as a Kolkata-based tennis aspirant, Krishnav Jhunjhunwala, 15, first picked up a tennis racket at 6-7 years, the cost was barely Rs.5,000-6,000 a month, including his coaching fee and gear expenses. After initiating professional training at 10-11 years, the expenses shot up nearly 10 times to Rs.50,000-60,000 a month. 'The coaching fee itself has gone up from Rs.3,000 to Rs.15,000, while the beginner rackets that cost Rs.4,000-6,000 have been upgraded and are much more expensive,' says Ashish, Krishnav's father. Krishnav, meanwhile, is making progress; he has won the All India Tennis Association's (AITA) tournament in Sonepat and reached the semi-finals in of the sport, most kids start playing at around 6-7 years, at which point the costs are nominal at Rs.5,000-6,000 a month because it only comprises club or academy fee (Rs.2,000-5,000 a month) and basic equipment or clothes. Within 3-4 years, the child's talent or dedication are clearly visible, and if the parents introduce professional coaching, the prices surge, as do the cost heads. Professional stage Besides professional coaching fee, parents need to shell out on physical (gym training) and mental fitness (psychologist), advanced equipment and gear, diet and nutrition, as well as match fees for tournaments, which require frequent travel by the kid and parent.'At professional level for, say, badminton, it can cost anywhere between Rs.9-15 lakh per annum because a domestic tournament will cost Rs.50,000-60,000 a week and even as a beginner you will play 5-6 tournaments a year,' says Supriya Devgun, Founder of Badminton Gurukul, an academy co-founded with badminton legend Pullela Gopichand, that aims to bring affordable training to young aspirants.'Before reaching the elite bracket, players typically incur substantial travel and accommodation expenses throughout the year to participate in international level chess tournaments which are necessary to gain ratings,' says Sandeep Singhal, Managing Partner, WestBridge Capital, and Cofounder, WestBridge Anand Chess Academy, the brainchild of chess whiz Viswanathan Anand and Viswan, mom to 18-year-old Omkar Vinod—Kerala's No.1 squash player and currently ranked 18 in India—has tried to bring down the travel costs to Rs.15,000-20,000 per tournament. 'We either try to stay with relatives or he travels alone to cut down the expenses,' says the Bengaluru-based startup owner, who took upon herself the task of navigating his sporting career after her husband's demise in Warrier, meanwhile, has estimated a cost of Rs.25 lakh a year from this year onwards as his 16-year-old son, Jaitirth, the South Zone No.1 golf player, readies to shift gears. 'He is playing the junior national circuit and is aiming to turn pro in four years' time. Last year, he played 10 tournaments and this number is going to double now,' says the Bengaluru-based father who was an NRI for 14 years and returned to India only in 2024. JAITIRTHWARRIER, 16 yrs Bengaluru Parents: Ranjit & Aparna, 53 & 50 yrs CAREER GOALBecome a professional golfer. CAREER TIMELINE 2015Started playing at 6 years in Lagos, Nigeria. Jan 2024 Started competitive golf. 2024 Ranked No. 1 in South Zone 2025 Playing junior national circuit. Aims to turn pro in four years. EXPENSE TIMELINE Current expenseRs.13 lakh a year (coaching, equipment, travel, nutrition, tournament fees, fitness, mental coaching) 2025 onwards (estimated) Rs.25 lakh a year FINANCIAL PLANNING Goal estimate in 2015Rs.4-5 crore Current corpus Rs.6 crore (for education & golf for 3-5 years) Invested in: Real estate, stocks, mutual funds, fixed deposits, insurance plans, gold. How much does training cost at different stages? Figures are indicative and may vary as per sport and talent. In elite stage, costs are cut if the child gets reward money, sponsors or endorsements. If child is also studying as a back-up plan, it may require an additional Rs.10-20 lakh at 17-18 professional coaching fee can range from Rs.10,000-30,000 a month, depending on the child's talent and the academy or coach's experience, equipment cost varies according to the sport. 'Golf or shooting would be 3-4 times more expensive because the equipment and training costs are higher, with a single golf class costing around Rs.2,000,' says Devgun. For 3-4 times a week, it could add up to Rs.30,000 a month only in coaching fee for professional coaching in cricket can also be Rs.2,000-3,000 an hour and the total cost could go up to Rs.40,000-50,000 a month. 'Cricket, like golf, is a rich man's sport now and needs money if one is serious about turning professional,' says Farhad Daruwala, Founder of Rising Star Cricket Academy in Mumbai, that trains under-privileged kids.'Critically, inflation of sports equipment tends to be much higher than general inflation and imported items are more expensive. This means a 10% general inflation could translate to 15-20% for sports gear,' says Atul Shinghal, Founder & CEO, Scripbox. So a tennis racket can easily come for Rs.20,000 today, while the cost of shooting equipment or golf clubs can run into lakhs. 'Swimming costumes at competitive level can cost Rs.35,000-40,000 and can be worn only 8-9 times,' says Jhunjhunwala, whose daughter had earlier reached national school level championships in while money is needed at this stage, there are few or virtually no sponsors till the time the kid reaches the elite stage and gains recognition or wins tournaments. 'Nobody wants to invest in a non-achiever; only known talents fit the bill. While CSR funds, scholarships and sponsorships are offered to the top talent, it is actually needed by the upcoming talent. If costs are to be brought down, the answer is to integrate sports with education,' suggests government does provide funds to the Sports Authority of India (SAI) and the National Sports Development Fund (NSDF) for various initiatives and schemes, and some non-banking financial corporations like Avanse Financial Services offer loans as well, but bank loans are not easy to come by. 'The parents of India's Saina Nehwal, former world number one badminton player, famously took loans for her early badminton career, as individual sports are largely self-funded by parents until elite success,' agrees Shinghal. Elite stage As the child progresses and begins to win tournaments and get ranked at the domestic or international level, the costs surge even further. 'At the elite level, training remains the most significant area of investment, including personalised coaching, access to top-tier trainers, game preparation support, and advanced analytical tools. Travel is another major expense given the international nature of toplevel chess tournaments,' says WestBridge's international tournaments easily costing Rs.2-3 lakh per tour, including air fare and accommodation, the overall cost of training can jump to Rs.20-30 lakh a year. This involves advanced, personalised and intensified coaching, more rigorous physical and mental fitness and physio, and a rise in the number of tournaments to participate good news is that at this stage, some income and financial support start to come in in the form of prize money from wins, sponsorships, CSR funds (corporate social responsibility funds), scholarships, or even public sector jobs. This brings down the costs and eases the financial burden. This is the reason Viswan is planning to start looking for a sponsor from next year as Vinod's all-India ranking has shot up from 235 in 2023 to 18 now, and the reason Jhunjhunwala is looking for colleges that offer scholarships for tennis training for Krishnav. Time for a back-up plan Despite Devgun's assertion that a back-up plan takes away from the focus of reaching top levels, most parents prefer to reach for the safety net of education while allowing their kids to pursue sports. 'Without early financial planning and a strong Plan B, the journey can become financially and emotionally draining,' says Sumit Duseja, Co-founder and CEO, Truemind Capital and Sebi-registered investment adviser: 'There is a very low chance to be a successful sportsperson in India. Hence, a Plan B should always be in place as a fall-back option that supports the child in case success is not achieved as desired.''One needs to have a back-up plan because there is no guarantee in sports. I have given Vinod a time limit of five years to prove himself. He, too, isn't yet sure whether he wants to be a professional squash player or go in an allied field like sports science,' says Viswan. 'Krishnav is excelling in studies, scoring 97.8% in his ICSE class 10 exams last year. As long as he says his studies will not be affected, I'll do everything he wants to do in tennis. Besides, what will he do after 10 years given the short career span? If he doesn't reach the top level, he will opt for engineering in data science or AI,' says Jhunjhunwala. KRISHNAV JHUNJHUNWALA,15 yrs,Kolkata Parents: Ashish & Nidhi, 48 & 46 yrs CAREER GOALProfessional tennis player/engineering. CAREER TIMELINE 2016-17Started playing at 6-7 years. 2020 Professional training and coaching. 2024 Won AITA tournament in Sonepat. Reached AITA semifinals in Kolkata. 2025 West Bengal U-16 ranked No. 5, U-18 ranked No. 7. EXPENSE TIMELINE Initial expenseRs.50,000-60,000 a year Current expense Rs.3-4 lakh a year (coaching, equipment, travel, nutrition, travel, tournament fees, fitness) FINANCIAL PLANNING Goal estimate in 2015Rs.15-20 lakh Current corpus Rs.20-25 lakh Invested in: Kisan Vikas Patra, with varying maturities for liquidity; stocks and mutual funds. NAVEEN GOGIAFOUNDER & MANAGING DIRECTOR, CREED CAPITAL Note:'Pursuing a sports career in India involves high risk, with no guaranteed returns. The financial burden is also steep and front-loaded.' Education vs sports:Why financial strategy differs It's also the reason Menon is spending Rs.30-35 lakh a year, combining Aymaan's football training with his graduation in sports science from one of the top European universities in Spain, Universidad Europea. Warrier too has kept `6 crore corpus for Jaitirth for the next 3-5 years, either for education or golf. He also insists on a four-year degree course, and possibly post-graduation as well. 'If he doesn't reach the required heights, he can get into sports psychology or sports management. The four years will also give him the time to prove himself in golf,' he says.'From 18-21, the child either turns pro or pursues college sports abroad, and international education may require Rs.25-50 lakh. By 22-30, the focus shifts to career transition. Successful athletes need long-term planning and passive income strategies; others may use a pre-built Plan B fund to pivot to alternate careers,' says Gogia. Financial planning Financial planning for a sports career is different from that for education goals for various reasons (see Education vs sports). For one, large sums of money can be required at an early age and staggered across a longer period. The higher risk, uncertainty and shorter career spans also call for a unique multi-pronged approach.'Higher education can be a preplanned activity, with the knowledge of approximate cost structure and when the funds will be required. Sports is a skill-based career and one is not aware of the level of competence the child will achieve. These are unknowns for which you have to plan a higher budget, and the plan needs to evolve with skill development,' says Dinesh Rohira, Founder & CEO, requires phased, proactive planning that balances long-term growth, short-term liquidity, and flexibility,' says Gogia. So you need to plan for short-, medium- and longterm expenses in varying instruments. 'It also needs to be slightly open-ended and a secondary budget should also be planned for triggers and sudden changes,' says Rohira. OMKAR VINOD18 yrs Bengaluru Parent: Sandhya Viswan, 49 yrs CAREER GOALProfessional squash player or aligned field in sports. CAREER TIMELINE 2016Started at 9 years, played tournaments. 2018 Ranked No. 1 in Kerala. 2023 Started professional training and being ranked in U-19 category. 2025 Has been Kerala No. 1 since 2018 & all-India No. 18 in U-19. EXPENSE TIMELINE Initial expenseRs.50,000 a year Current expense Rs.4-5 lakh a year (coaching, equipment, travel, nutrition, tournament fees, fitness) FINANCIAL PLANNING Goal estimate in 2012Rs.25 lakh Current corpus Rs.50 lakh (includes other brother's Rs.25 lakh who doesn't need it) Invested in: Traditional insurance plans. 'In the first phase (5-10 years), moderate but consistent investment in basic coaching and equipment is needed; second phase (11-16 years) calls for high, rapidly increasing costs for advanced coaching, tournaments, nutrition and physio; the third phase of elite training (17-21 years) sees peak expenditure for national/international tournaments, professional academies and sports psychologists; and finally, after 21 years, there is potential income generation or investment for an alternative education/career path,' says a first step, start SIPs in equity funds (large, flexi, or multi cap) at the earliest in order to build a large corpus for the long term, which can be used for higher expenses or Plan B needs. You can also invest in the PPF for tax-free payouts and safety.'For this core corpus, I invested nearly 50% in real estate, and the remaining in multiple assets, including stocks, mutual funds, insurance and gold,' says Warrier. 'It's extremely important to hire a financial planner and have a written plan for this goal. I invested in multiple assets, but am currently relying primarily on mutual funds,' says Menon. For medium-term requirements (3-7 year horizon), start SIPs in balanced advantage funds or fixed deposits of varying maturities that can be broken without incurring penalties as and when the need arises. 'I invested in a large number of Post Office Kisan Vikas Patra with small sums and varying maturities for both my children's sports expenses in the second phase,' says Jhunjhunwala. Next, keep an operational buffer for short-term (1-3 year horizon) expenses like equipment and gear purchase or domestic tournaments, investing in liquid, arbitrage or ultra short-duration funds, or even sweep-in fixed deposits. SUPRIYA DEVGUNFOUNDER & MD, BADMINTON GURUKUL Note:'While CSR funds, scholarships and sponsorships are offered to the top talent, it's actually needed by the upcoming talent.' Given the high risk of injury, it is also crucial to have Rs.50 lakh-1 crore medical and personal accident insurance.'If earnings begin, consider setting up a trust or HUF for tax-efficient structuring. In the career phase (after 21 years), preserve wealth with a diversified mix of equity, debt, and REITs, and create passive income through annuities or systematic withdrawals. Throughout, avoid over-locking your capital; in sports, flexibility is just as important as performance,' says Gogia.'It's also important to review the plan on a regular basis, in six months or one year, depending on the career progress of the child,' advises Rohira. Long-term investment For core corpusStart saving for the child's goal, be it sport or education, at birth. This will help build a large corpus for expensive, professional training if he chooses a sport. Or, if the sports career doesn't work out, it can be used for education in aligned fields later. Where to invest Large-cap, multi-cap or flexi-cap equity mutual funds; PPF. Medium-term investment For professional trainingIn the second phase of his training between 11 and 16 years, expenses will suddenly spiral as he moves from casual to professional training and large sums will be needed for coaching, equipment and tours for tournaments. Where to invest Balanced advantage and equity savings funds, or medium-term fixed deposits for staggered withdrawals. Short-term investment For operational expenses You will need some funds throughout his sporting journey for equipment and gear, fitness, travel and coaching fees. Where to invest Liquid or ultra short-duration funds, or sweep-in fixed deposits. No trending terms available.

Grace under fire: RBI represents a crisis manager's balancing acts
Grace under fire: RBI represents a crisis manager's balancing acts

Business Standard

time22 minutes ago

  • Business Standard

Grace under fire: RBI represents a crisis manager's balancing acts

Since 1991, RBI has played key role in averting crises that posed a threat to India's economy premium Subrata Panda Mumbai Listen to This Article The Indian economy has weathered several storms over the last 40 years, both external and internal. Dust lifted by such gales didn't last long as the country's central bank, the Reserve Bank of India (RBI), acted swiftly and performed a fine balancing act — spurring growth and keeping inflation in check. Established on April 1, 1935, and nationalised in 1949, the RBI is responsible for issuing and regulating currency, formulating and implementing monetary policy, and maintaining price stability in the economy. It also plays a key role in supervising the country's financial system and serves as the regulator of the

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