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Loan lessons
Reserve Bank of India (RBI) Deputy Governor K C Chakrabarty retains his maverick streak. At the finance leadership summit of the Indian Institute Management, Lucknow (IIM-L), someone in the audience asked why car loans were cheaper than education loans in India. The veteran banker’s reply: "When a bank gives car loans, it knows that the borrower has a good job to repay. In education loans, the repayment
Reserve Bank of India (RBI) Deputy Governor K C Chakrabarty retains his maverick streak. At the finance leadership summit of the Indian Institute Management, Lucknow (IIM-L), someone in the audience asked why car loans were cheaper than education loans in India. The veteran banker’s reply: "When a bank gives car loans, it knows that the borrower has a good job to repay. In education loans, the repayment
Economic growth needs momentum: Pranab
Finance Minister Pranab Mukherjee Saturday called for imparting a fresh momentum to the impressive economic recovery witnessed in the past few months and take the country on the path of double-digit growth.
Finance Minister Pranab Mukherjee Saturday called for imparting a fresh momentum to the impressive economic recovery witnessed in the past few months and take the country on the path of double-digit growth.
Centre to increase enrolment ratio in education
The central government proposed to increase its gross enrolment ratio (GER) in education sector from the current 12.4 percent to 30 percent by 2020, Finance Minister Pranab Mukherjee Saturday said here.
The central government proposed to increase its gross enrolment ratio (GER) in education sector from the current 12.4 percent to 30 percent by 2020, Finance Minister Pranab Mukherjee Saturday said here.
Education is not about autonomy or flexibility: Sibal
In the backdrop of the row between the faculty of premier education institutes and the union ministry, Human Resource Development (HRD) Minister Kapil Sibal said here Saturday that education is neither about autonomy nor about flexibility, it's about taking the country forward.
In the backdrop of the row between the faculty of premier education institutes and the union ministry, Human Resource Development (HRD) Minister Kapil Sibal said here Saturday that education is neither about autonomy nor about flexibility, it's about taking the country forward.
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