Higher education in India gets a Rs 8,000 crore boost

Government’s estimated schematic budgetary expenditure on health, education and social protection for 2018-19 is Rs 1.38 trillion. Photo: HT

Government’s estimated schematic budgetary expenditure on health, education and social protection for 2018-19 is Rs 1.38 trillion. Photo: HT

New Delhi: To increase investment in higher educational institutions, the Union Cabinet today approved a proposal for expanding the scope of Higher Education Financing Agency (HEFA) by expanding its capital base to Rs 10,000 crore and tasking it to mobilise Rs 1 trillion by 2022.

Briefing reporters after the Cabinet meeting chaired by Prime Minister Narendra Modi, Union minister Ravi Shankar Prasad said the government wants to increase investments in higher education, for which an announcement was made in the last budget and HEFA was established.

“At that time its authorised capital was Rs 2,000 crore and now it has been increased to Rs 10,000 crore,” Prasad said, adding that earlier central government universities and other new varsities didn’t get advantage of HEFA but in today’s cabinet meeting, it was decided that they can utilise this fund.

In his Union Budget 2018, the then finance minister Arun Jaitley had announced a new initiative of the government—‘‘Revitalising Infrastructure and Systems in Education (RISE)”—to step up investments in research and related infrastructure in premier educational institutions, including health institutions. HEFA, a joint venture company of Canara Bank and Ministry of Human Resource Development which provides financial assistance for creation of educational infrastructure and R&D in India’s premier higher educational Institutions, was tasked to fund this initiative.

Government’s estimated schematic budgetary expenditure on health, education and social protection for 2018-19 is Rs 1.38 trillion against estimated expenditure of Rs 1.22 trillion in 2017-18.

[“Source-livemint”]

Nokia 6 (2018) 4GB model India launch set for May 13

Image result for Nokia 6 (2018) 4GB model India launch set for May 13

The 4GB RAM variant of the Nokia 6 (2018)/Nokia 6.1 is all set for launch in India later this week. Sales will open May 13, with Amazon India being the exclusive retail partner.

While there’s no confirmation on pricing yet, rumors say the model will set you back around INR 18,999 ($280). For comparison, this is INR 2,000 ($30) more than what the 3GB RAM model costs.

[“Source-gsmarena”]

Ford Freestyle India launch on April 18, 2018

Ford is all set to launch its new Freestyle cross-hatchback in the Indian market on April 18, 2018. Ford dealer outlets have already begun accepting bookings for the new model.

Additionally, Ford has also joined hands with Amazon India which will promote 100 units of the Freestyle on its website on April 14, 2018, 2pm onwards. A booking amount of Rs 10,000 has been set which can be paid by Amazon’s certified payment modes.

The Ford Freestyle features typically crossover-like exterior changes over the hatchback – including a new bonnet, grille, skid plate, alloys and blacked-out headlamps. Other exterior changes see the addition of metallic roof rails and extra body cladding; the car also rides on bigger, wider 185/60 R15 wheels.

The cross-hatchback is available in six monotone colour options – Canyon Ridge (a brownish finish), Smoke Grey, Moondust Silver, White Gold, Oxford White and Absolute Black. A roof wrap and body strip are also on offer, as accessories.

Along with the extra 15mm ground clearance, the Freestyle also sports a unique steering and suspension set-up, when compared to the standard Figo hatchback.

The Freestyle comes with a new Dragon-series 1.2-litre petrol engine, good for 96hp at 6,500rpm and 120Nm of torque at 4,250rpm with a claimed fuel efficiency figure of 19kpl. The Freestyle diesel gets a 1.5-litre diesel that produces 100hp at 3,750rpm and 215Nm of torque at 1,750-3,000rpm. A five-speed manual is standard on both engine options, although the petrol will get an automatic option, at a later date. Interestingly the Freestyle’s petrol variant comes with a 42-litre fuel tank while the diesel version – which has an ARAI-rated fuel efficiency of 24.4kpl – has a 40-litre tank.

The Freestyle is available in four trim levels on each engine option – Ambiente, Trend, Titanium and Titanium+. Even the base variant (Ambiente) gets a safety kit with ABS with EBD, dual-front airbags, three-point rear seat belts, reverse parking sensors and rear fog lamps.

[“Source-autocarindia”]

GoPro HERO Sports and Action Camera Launched in India: Price, Specifications

GoPro HERO Sports and Action Camera Launched in India: Price, Specifications

HIGHLIGHTS

  • GoPro Hero Sports and Action Camera exclusively available on Flipkart
  • Pre-orders will start on March 30, and the camera goes on sale next week
  • Camera comes with a 10-megapixel CMOS sensor

Popular action camera brand GoPro has launched a new waterproof camera in India. The rugged GoPro HERO sports action camera is waterproof up to 10 metres and comes with features like wide-view, voice control, and stabilisation, the company has claimed. It will go on sale in the country on April 2 exclusively via Flipkart. The e-commerce website has teased the upcoming device under its “No Kidding Days” sale which will run on April 1 and April 2. The GoPro HERO price in India has been set at Rs. 18,990.

Flipkart has already listed the GoPro HERO sports action camera on its website. Interested buyers will be able to pre-book the GoPro Hero via Flipkart on March 30.

The GoPro HERO with model number CHDHB-501-RW sports a 10-megapixel 1/2.3-inch CMOS sensor which is capable of shooting HD videos (1440p60 and 1080p60) and 10-megapixel photo performance (1440p30 and 1080p30 also available). It has an ISO range of 100 – 1600. It bears a 4.95cm touchscreen with a 320×480 pixels resolution. It has 4GB of built-in storage, expandable via microSD card (up to 128GB). It measures 32x62x44.5mm, and weighs 117 grams.

As mentioned, the GoPro HERO has voice control feature that gives hands-free control using commands. It also comes with stabilisation functionality that lets users capture stable videos even when using a GoPro mount.

To recall, GoPro has three other cameras in India – HERO6 Black, HERO5 Black, and HERO5 Session – priced at Rs. 37,000, Rs. 27,000, and Rs. 18,000 respectively.

Commenting on the launch, Meghan Laffey, GoPro’s SVP of Product, said, “HERO is a great first GoPro for people looking to share experiences beyond what a phone can capture. HERO makes it easy to share ‘wow’ moments at a price that’s perfect for first-time users.”

[“Source-gadgets.ndtv”]