Kerala to distribute over 45,000 laptops to ST/SC students


Thiruvananthapuram, Oct 25 | Kerala Chief Minister Pinarayi Vijayan on Monday inaugurated a scheme for distribution of laptops to all Scheduled Tribes students in the state, as part of Vidyakiranam project to ensure availability of digital devices for online learning.

In addition to this, all Scheduled Caste students studying in Classes 10 and 12 would also get digital devices in this phase itself, through social efforts.

A total of 45,313 students in 14 districts would be provided with laptops in the first phase, and the distribution would be completed in November.

The laptops, provided as part of this initiative, carry a three year warranty and comes pre-loaded with the FOSS-based operating system and educational applications developed by state-run KITE.

An agreement will be signed between the schools and the parent to ensure the proper upkeep of these devices. Each laptop costs Rs 18,000 (including GST) and laptops worth Rs 81.56 crore would be distributed within a month.

There are an estimated 3.5 lakh students in the general category who are in need of digital devices as part of the Vidyakiranam project.

Lakshmi Jayesh, Class 5 student in Thiruvananthapuram district, received the first laptop from Vijayan on Monday.

Source: IANS

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Share Market Closing Bell: Market ends marginally lower amid volatility

Share Market Closing Bell: Market ends marginally lower amid volatility

Dalal Street witnessed tug of war between bulls and bears as Sensex settled at 54208.53 losing 109 points or 0.20 percent and Nifty ended at 16240.30 with loss of 19 points. Bank nifty closed the session at 34163.70 levels with loss of 138 point after erasing early session gain.

BSE Midcap and BSE Small cap indices turned flat after rising around half a percent each. On the sectorial front, Nifty Pharma and FMCG have contributed a percent each on a closing basis. On the flip side Nifty Realty, Nifty PSE ended with losses of 1.75 percent and 1.73 respectively. In Nifty stocks, TATACONSUM, CIPLA and ADANI PORT were the top gainers while POWERGRID, BPCL and TECHM were the prime laggards.

In the daily chart Nifty has ended with a bearish candle. However 16200 levels are protected throughout the day. Index might face high volatility on weekly expiry day. Riding against the trend may not be beneficial for short term traders. According to volume profile 16100 and 16000 may act as immediate support.

Indicators such as MACD and RSI are still struggling to overcome from oversold zone in the daily time frame. From the time cycle prospect Index would remain highly volatile till 27th May of this month. Bollinger band indicates 16650 would remain strong resistance in coming days. On the other hand, Bank nifty has support at 33400 levels while resistance at 35000 levels.

Om Mehra
Research Associate
Choice Broking

Source: Choice India


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