Overhauling education system must start from varsity level: K’taka CM


Belagavi, Dec 22 | The education system needs a complete overhaul and it should start from the university level, Karnataka Chief Minister Basavaraj Bommai said.

The Chief Minister in his address after laying the foundation stone for the Rani Chennamma University complex at a new site at Hirebagevadi in Belagavi district, said a practical-based education system is needed to meet the challenges of rapid change in the present era.

There is a huge difference between the syllabus being taught and the practical needs of the world. The New Education Policy (NEP) is being implemented to bridge this gap, he added.

The current generation of students need the power of knowledge to face challenges with confidence and courage. The NEP will empower them with the necessary knowledge, Bommai said.

Kitturu Rani Chennamma fought against the British with great courage and confidence. She made history as the first woman freedom fighter.

Rani Chennamma is the inspiration for this university. Every one associated with this varsity must show the commitment to take it to international level, the Chief Minister added.

Universities should not become mere centres of awarding degrees. They should foster innovation, experimentation and develop into centres for finding solutions for problems being faced by society. They should keep pace with technological and social changes happening in the world, Bommai said.

He wanted the universities to inculcate logical and lateral thinking, and create a conducive ecosystem for learning. The academics in the university should not confine themselves to their campuses. The Vice-Chancellors of universities must lead from the front and guide the institution. The Chief Minister assured all help from the state government to enable Rani Chennamma University to bring changes in the education system.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

The benchmark Indices Nifty started on the positive side after continuous sell off in last week and has managed to settle at 15842.30 with 60 point gain or 0.38 percent. However Nifty has failed to regain 16000 levels prior to LIC listing.

While Bank nifty has managed to settle at 33597.60 levels after gaining 1.44 percent. On the sectoral front, Nifty PSU Bank, Nifty Realty and Auto have contributed 2-3 percent gain on closing basis. On the flip side Nifty IT and FMCG ended with losses of 0.75 percent and 0.35 respectively. In Nifty, EICHERMOT, APOLLOHOSP and UPL were the top gainers while ULTRACEMCO, SHREECEM and ASIANPAINT were the prime laggards.

Technically, after forming the bearish candle on the weekly chart, the index has formed a Doji candlestick on the daily chart which shows indecisiveness among the trades. Moreover, the index has also faced a resistance from falling trend lines and showed profit booking from higher levels. However, Fibonacci retrenchment also has support around 15650 levels.

Traders may find buying opportunities for short term as if 15650 levels is protected. In the hourly chart, with support of the middle Bollinger band short term upside movement is expected. Stock specific action would drive the market in coming days too.

On the derivatives front, the highest call OI is at 16000 strike price followed by 16200 strike prices while on the put side, highest OI is at 15500 strike price. INDIA VIX closed at 24.53 with gain of 4.43 percent intraday indicating volatility is going to remain till weekly expiry . On the other hand, Bank nifty has support at 32600 levels while resistance is placed at 34500 levels.

Sumeet Bagadia
Executive Director
Choice Broking

Source: Choice India



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