Shillong IIM likely to be delayed

Headlines Vol. 3 Issue No. 20

February 16 -28, 2007

Shillong IIM likely to be delayed
Plans for a new IIM in Shillong and over a dozen Indian Institutes of Information Technology might be delayed following the Planning Commission’s decision to cut the allocation for higher and technical education in the 2007-08 budget.

As a result, the ambitious plans of HRD Ministry to set up new institutions of higher learning like IITs and IIMs and expand infrastructure for the benefit of OBCs are likely to suffer. Though the Commission had promised Rs 5,500 crore for this purpose, it is understood that it has now slashed it down to Rs 4,300 crore. The Ministry’s original demand was for Rs. 8,000 crore.

Proposal welomed: Meghalaya is one of the 18 states to have agreed to implement the Centre’s proposed pension scheme for the government employees, State Chief Minister JD Rymbai has said, according to a Shillong report. He said a bill pertaining to the setting up of a Regulatory Development Agency relating to the new pension scheme for government employees would be placed in the Parliament and Meghalaya was agreeable to it.

“In the new pension system, which forms part of pension reform, the Meghalaya Government employees, those of public sector undertakings and teachers would have to contribute 10 per cent of their salary and the same quantum would be borne by the State Government,” Rymbai said. He said the BJP-ruled states also agreed to the Centre’s proposed new pension scheme except the three Left-ruled states.

Meghalaya | North East Enquirer (Headlines) | Nena Home Page |

Your Visit No

Since April 20, 2000