CM Yogi allocates Rs 3,301 crores for displaced persons in Jewar

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Lucknow, Nov 25 | The CM Yogi Adityanath government in Uttar Pradesh has allocated Rs 3,301 crore for the rehabilitation of people displaced due to the ongoing construction of the Jewar airport.

Prime Minister Narendra Modi will formally lay the foundation stone of the much-awaited Noida International Airport Limited (NIAL) in Jewar on Thursday.

According to the government spokesman, nearly 7,224 affected families have been given Rs 403 crore for their rehabilitation due to displacement.

The beneficiaries include 2,368 people from Rohi, 2,659 from Dayanatpur, 936 from Kishorpur, 613 from Ranhera, 573 from Parohi and 75 from Banwariwas.

In Jewar Bangar area, 3,003 displaced families have been allotted land at the rate of Rs 25,000 per square metre.

Dubbed to be the biggest in Asia and the first net zero emission airport of India, NIAL, estimated to come up at an estimated cost of Rs 29,560 crore, will be the fifth international airport in the state. UP already has three operational international airports: in Lucknow, Varanasi and Kushinagar.

12 Cong MLAs in Meghalaya join Trinamool Congress

The state government has also fast-tracked construction of the Ayodhya airport.

The Noida airport will also be a logistics gateway, especially in northern India. People from all over north India will be able to export their products to international markets through the airport.

It will be built and operated by Switzerland-based Zurich Airport International AG.

In the first phase, scheduled to be completed by 2024, the airport will have the capacity to handle 12 million passengers per annum. It is projected to ease air traffic congestion at IGI International Airport in Delhi.

Besides, several important projects are being developed in Yamuna Expressway Industrial Development Authority area near NIAL. These include the Film City, medical device park, electronic city and apparel park.

Source: IANS

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Does MBA really help in getting a better job offer ?

Does MBA really help in getting a better job offer ?

Most students pursuing an MBA come with the sole objective of having a decent job offer or a promotion in the existing job soon after completion of the MBA. And most of them take loans to pursue this career dream. According to a recent survey by education portal Campusutra.com  74% MBA 2022-24 aspirants said they would opt for education loans.

There are exceptional cases like those seeking master’s degree or may have a family business to take care of or an entrepreneurial venture in mind. But the exception cases are barely 1%. For the rest 99%, a management degree is a ticket to a dream job through campus placements or leap towards career enhancements. Stakes are high as many of them quit their jobs which essentially means loss of 2 years of income, apprehension and uncertainty of the job market. On top of that, the pressure to pay back the education loans. Hence the returns have to be high. There is more than just the management degree. Colleges need to ensure that they offer quality management education which enables them to be prepared for not just the demands of recruiters and for a decent job but also to sustain and achieve, all along their career path.

  • So, what exactly are the B Schools doing to prepare their students for the job market and make them industry ready ?
  •  Are B schools ready to deliver and prepare the future business leaders to cope up with the disrupted market ?  

These are the two key questions every MBA aspirant needs to ask, check and validate before filling the MBA application forms of management institutes. And worth mentioning that these application forms do not come cheap. An MBA aspirant who may have shortlisted 5 B Schools to apply for, may end up spending Rs 10,000.00 to Rs 15,000.00 just buying MBA / PGDM application forms.

While internship and placements data of some management institutes clearly indicates that recruiters today have specific demands. The skill sets looked for are job centric and industry oriented. MBA schools which have adopted new models of delivery and technology, redesigned their courses, built an effective evaluation process and prepared the students to cope with the dynamic business scenario, have done great with campus placements despite the economic slow down.

However, the skill set being looked for by a consulting company like Deloitte or KPMG may be quite different from FMCG or a manufacturing sector. Institutes need to acknowledge this fact and act accordingly.

  • Management institutes should ensure that students are intellectually engaged, self motivated and adapt to changes fast. In one word ‘VUCA ready’.
  • B Schools should encourage students to participate in national and international competitive events, simulations of business scenarios.
  • Institutes should have the right mix of faculty members with industry exposure and pure academics.

The placement records of 2021 across top management institutes indicated the fact that recruitment is happening, skilled talent is in demand and certain management institutions continued to attract recruiters even in the middle of an ongoing crisis.

It is time, all management institutes rise to the occasion, understand market realities and identify areas of improvement at both ends – students and faculty.

After all, the stakes are high at both ends. B Schools taking corrective measures will stay while those which are lagging will end up shutting down.

Author Name : Nirmalya Pal

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