
Centre's panel suggests six further cuts in 'Udaipur Files', SC informed

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Business Standard
13 minutes ago
- Business Standard
MoE drafting bill to set up unified higher education body: MoS to LS
The Ministry of Education is in the process of drafting a bill for establishing a higher education commission of India (HECI), proposed as a unified higher education regulatory body, the Lok Sabha was informed on Monday. Union Minister of State for Education Sukanta Majumdar shared the information in a written reply to a question. "The National Education Policy (NEP) 2020 envisions a 'light but tight' regulatory framework to ensure integrity, transparency and resource efficiency of the educational system through audit and public disclosure while encouraging innovation and out-of-the-box ideas through autonomy, good governance and empowerment," Majumdar said. "The NEP 2020 further envisions setting up of a Higher Education Commission of India (HECI) as an umbrella body with independent verticals to perform distinct functions of regulation, accreditation, funding and academic standard setting. Considering the above vision of NEP 2020, the ministry is in the process of drafting a HECI bill," he added. The HECI, which was proposed in the new NEP, looks to replace the University Grants Commission (UGC), the All India Council for Technical Education (AICTE) and the National Council for Teacher Education (NCTE). While the UGC oversees non-technical higher education, the AICTE oversees technical education and the NCTE is the regulatory body for teachers' education. The concept of the HECI has been discussed before in the form of a draft bill. A draft Higher Education Commission of India (Repeal of University Grants Commission Act) Bill, 2018, which seeks to repeal the UGC Act and provides for setting up of the Higher Education Commission of India, was put in the public domain that year for feedback and consultation with stakeholders. Renewed efforts to make the HECI a reality were then initiated under Dharmendra Pradhan, who took over as Union education minister in July 2021. Underlining the relevance of a single higher education regulator, the NEP 2020 document says, "the regulatory system is in need of a complete overhaul in order to re-energise the higher education sector and enable it to thrive". (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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Business Standard
13 minutes ago
- Business Standard
Fixing GST: India needs a simple, stable, and predictable tax structure
Unlike the states, the Union did not have the cushion of compensation for a revenue shortfall in the initial years premium Business Standard Editorial Comment Mumbai Listen to This Article The goods and services tax (GST) system is set for an overhaul in the coming weeks. It has been reported that Union Home Minister Amit Shah would initiate discussions with different stakeholders to resolve pending issues. If true, this reflects the political urgency to improve the GST system through a consensus between the central government and the states. Another news report last week showed that the Prime Minister's Office had given in-principle approval to the restructuring of the framework. The Union government's intention to adjust the GST system to improve its workings should be welcomed. It, however, must be noted


Time of India
26 minutes ago
- Time of India
PM & FM: Meghalaya blueprint for resilient, self-reliant India
Shillong: Prime Minister Narendra Modi on Monday praised Meghalaya's transformative journey, calling it a "blueprint for a resilient and self-reliant India." His remarks came in response to a post by Union minister of finance and corporate affairs, Nirmala Sitharaman , on X, highlighting the state's progress. The PM noted the key drivers of Meghalaya's transformation — from community-led tourism and youth empowerment to women-led self help groups (SHGs). The PM wrote on X, "Union Finance Minister Smt. @nsitharaman highlights Meghalaya's remarkable transformation driven by tourism, youth empowerment, women-led SHGs, initiatives like the PM Suryaghar Muft Bijli Yojana, the Vibrant Village Programme and more. With strong government support and vibrant community spirit, the state stands as a blueprint for a resilient and self-reliant India". The appreciation follows an article authored by Nirmala Sitharaman, in a national daily after her four-day visit to Meghalaya from July 10–13. Reflecting on her experience, she wrote, "Throughout this journey, I was moved by the determination, optimism, and harmony with nature that define the people of Meghalaya. With government support and community spirit aligned, Meghalaya today offers a blueprint for a vibrant, confident, and self-reliant India". by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like No annual fees for life UnionBank Credit Card Apply Now Undo "The acknowledgement by the country's top leadership comes as a significant encouragement for the state, further reinforcing Meghalaya's model of inclusive and sustainable development, under the leadership of chief minister Conrad K Sangma," an official statement said.