Financial Implications of the Corona Virus

With the advent of the Corona virus (christened COVID-19 by the WHO) pandemic, Governments all over the world have imposed lockdowns various durations depending on the severity of the onslaught in their respective areas. The net result has been a slowing down of the world economy, loss of jobs and in certain cases, total wipe-out of small businesses in all corners of the world.

To offset of the effects of COVID-19, almost all governments have allocated finances to stabilize their economies and re- start growth. These measures are showing results and are succeeding in the intended outcomes. But, as the crisis gets prolonged, the questions that are arising are: Has the money been directed correctly? Is the allocation sufficient? It is estimated that a total of $13 trillion may have been allocated worldwide. Some researchers are estimating that the deficits may climb up to $30 trillion by 2023. To bring about a sustained prosperity, Governments and the Private sector must work hand-in-hand to overcome the disastrous after-effects of the economic slow-down due to this pandemic.

As far as India is concerned, it was already in an economic slow- down even before the pandemic had started. The pandemic has further deteriorated this slow-down to the extent that experts have predicted a growth rate of 3.1% for the financial year 20-21. The World Bank and other rating Agencies have already downgraded India’s growth rate for 20-21. It is feared that India may be tending towards a deep recession and the lowest growth rate since the economic liberalization in the 90s. It could also be the worst contraction since Independence in 1947.

Unemployment

The unemployment figures have risen from 6.7% to 27% till April, 2020. Salaries have  been reduced by many companies and households have experienced a drop in incomes as compared to the previous financial year. The sales of many commodities and consumer goods went down drastically hitting the manufacturing sector. Supply chains of many goods were disrupted leading to shortage of raw materials. Farmers engaged in growing perishables were hit because there was no transport available to carry them to the markets and no customers.

The unskilled labour working in the unorganized sector were hit the hardest with no jobs and no place to stay. There was mass migration which created a problem of huge proportions. The state and central governments took steps to solve the problem, albeit a little late.

Many companies in the large scale sector reduced their outputs temporarily. Startups were affected due shortage of funds and they had to resort to layoffs of their employees. FMCG companies also had to reduce their outputs and concentrated on only essential items. Stock markets also plummeted and recorded their lowest indices in the last so many years.

Relief Measures

The Government of India has announced a number of steps to tackle the economic situation. The deadline for filing Tax returns for both personal and corporate incomes has been extended till the end of the year 2020. Funds have been allocated to take care of food security, MSMEs, healthcare and other vulnerable sections of society. GST dues of states have been released to augment their treasuries. A number of relief measures for the poor amounting to Rs 17,000 crores were announced. The RBI announced measures to increase the liquidity with the banks to the tune of Rs374,000 crores. These measures were lauded by the various prominent agencies like the IMF, World Bank, etc. as steps in the right direction. A step was taken to reduce unnecessary expenditures in various  Government Departments. NBA accredited college, IIMT Group of Colleges, Greater Noida also helping poor and needy in this pandemic situation.

A month back, the prime minister, Shri Narendra Modi announced a package of Rs.20 Lakh crores to bring back the economy on its feet. Subsequently, the break-up of the money was disclosed. This included free food grains to the poor for a limited period of time.

The Government is hopeful that the actions taken would bring substantial results at the ground level and the economy will slowly return to normal by the end of FY 20-21. This is a very optimistic outlook.

We, at IIMT College of Polytechnic, one of the best polytechnic colleges in UP, offer a wide variety of career options to students who have completed their Higher Secondary. We train and nurture them such that they widen their canvas to be gainfully employed and become useful citizens of India.  

CHOOSING THE PERFECT COLLEGE

   Getting an admission in a perfect college is dream of every student. Before searching the college

for admission student need to be test ourselves that what is his or her really interest likes social

oriented or scientific mind set or other. Student should clearly examine strength, Weakness and

what really he or her want after the completion of college. Talk with your parent, brother, cousin,

friends and school teachers these are people who know you best can help you the most with

taking good decision to choose the college. At the end you have to choose the college so make

sure you choose a perfect college. Following are the factor which can help you to choose or

make decision about your perfect college.

1. NIRF COLLEGE RANKING:

If you are looking an admission OR BTECH ADMISSION in Indian university or

college NIRF Ranking can help you lots in every field of education. The National

Institutional Ranking Framework (NIRF) is adopted by the Ministry of Human Resource

Development, Government of India, to rank institutions of higher education in India.

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2. HIGHER PLACEMENT RECORD:

Most of the student want to get good job after completion of college therefore student

should inquiry about the institute’s placement data from the training and placement

department.

3. FACULTY RATIO TO STUDENT:

The  faculty  to student ratio is a significant factor to decide when student seeking an

admission at colleges High faculty to student ratios are best for perfect institutes. Please

take note it if you looking for ENGINEERING ADMISSION 2020 or any other field

colleges.

4. FINANCIAL AID:

If the college giving some form of financial aid to the student in compensation of some

work in the college such as library, project helper or project assistant. Good colleges are

also giving grand to the student to attend and participate in cultural activities, sport,

conference, workshop and seminar. Students are also giving rewards for performance in

the university examination by perfect college. Student should know about the financial

aid to the student of particular college.

5. RESEARCH AND DEVELOPMENT OPPORTUNITIES:

It’s very impressive on curriculum vitae after passing the college to have Research and

development hand experience during the graduation as mini and major project Works.

Best College is also arranging the student exchange programs with students of foreign

institute. So if you are looking B.TECH ADMISSION 2020 kindly look for R&D

activities of the college.

6. NAAC ACCREDITATION:

NAAC Accreditation status of colleges will help you to choose and compare different

colleges which are affiliated by UGC and AICTE. NAAC ACCREDITATION ranking

is given to the college by the UGC naac review committee which is highly authentic. If

college is accredited by naac that’s means college have very good placement, faculty, and

best infrastructure.

7. NBA ACCREDITATION:

NBA Accreditation is given to the technical education college and department wise by

the MHRD NBA visiting review committee. If any college department is NBA

accredited College then its proof itself that college is maintaining every criterion given

by the AICTE and MHRD, Government of India.

8. STUDENT CLUB AND CULTURAL ACTIVITIES:

If the college has good student club and cultural activities its make in student good

leadership qualities, improved team work and also improved communication skills.

Therefore before taking decision to join college make sure that college have good club

and cultural activities.

9. HEALTH AND OTHER CAMPUS FACILITIES:

Students should do research of college before taking admission about the college health and

wellness facilities. He or she also looks for hostel, hostel dining halls , meals option in hostel, cafeteria, gym, library, night canteen, counseling center , etc facilities provided by college.

Student good health and over all wellness will be very good if the college have good

aforesaid facilities.

To become Indian pharmacist: COLLEGE preview and opportunities

In the current pandemic situation, the need for healthcare professionals is at the paramount requirement for the welfare of the community. However, COVID-19 brings an uncertain era for most of us, but a certain fact is the opportunities created for pharmacists in the health care sector.  Role of the pharmacist is limited to dispensing of drugs in the last few decades. However, past pandemic experiences indicate that the prospectives of pharmacy professionals grow exponentially in the aftermath of a pandemic if the general populace health is to be maintained.

The knowledge of pharmacists would make them an expert in the current pandemic situation. Apart from raising awareness of the general public about the role of sanitisation in daily life, the pharmacist could serve as a strong asset to the community.

Pharmacy is an important healthcare course that is gaining the attention of the majority of B Pharma College in Greater Noida students having an interest in science. With eligibility of both medical and non-medical students, Indian pharmacy is an emerging sector. In general, Indian pharmacist needs to complete either a 2-year diploma course in a pharmacy of 4-year bachelor course in pharmacy. After passing, he needs to get registered himself with the state Pharmacy council to earn a Registration certificate for 5 years by paying a fee. Pharmacy profession is a noble profession and a respectful profession in society. In the current pandemic situation, hospital pharmacist is working tirelessly to strengthen the healthcare sector. A registered pharmacist can open its medical shop, can open a medicine factory, can work as a govt analyst, a professor, a scientist, scientific writer etc. Interested students should consider the following points while taking admission to a pharmacy college:

1. PCI Approval: An approval certificate generally issued for a session by Pharmacy Council of India. PCI regulates this profession and inspect colleges for the required infrastructure, personnel etc.

2. AICTE approval: It is not mandatory but if it will be an added advantage if an institution has AICTE affiliation. AICTE provides funds for R&D related activities, academic activities that are required for the holistic development of institutions.

3. College Affiliation to a UGC approved University like AKTU, Lucknow

4. Placement opportunities: Generally, an MOU has been signed with the companies for timely placement of students (usually started in 3rd year).

5. Timely industrial visits: Industrial visits should be carried out every year to update the knowledge of students with the growing Industry demand. The visit also equips students to better understand the need and role of a pharmacy graduate in Pharmaceutical industry. Furthermore, a 3-6 months certificate from industry is also required to get registered for PCI.

6. Exposure to conferences, expert lectures, workshops organised by other institutions for the holistic development of students.

7. Students can visit different institutes across the world as a delegate where they could present their research work or understand the way of presentation. Conferences help in personality development of the students along with a good chance to interact with leaders of the pharmacy field.

As per recent surveys and publications, it seems that the ban on Chinese goods and the pandemic situation would further increase the career opportunities for the graduates. Ban on Chinese products would transfer the API industry to India that would decrease the cost of pharmaceutical products and further generate more employment opportunities for pharmacy graduates.

In my opinion, IIMT COLLEGE OF PHARMACY GREATER NOIDA has all the above mentioned by qualities and interested students should consider this top pharmacy college in Delhi Ncr for their D.Pharm, B.Pharm, M.Pharm or even PhD studies.

Selecting Entrepreneurship after MBA

      Education in India is more inclined towards getting of job. The very purpose of getting educated is to get a job. The psychology of the students is higher the degree better is the prospects of getting a job. Now there is a million dollar question looming across the board is where they will get a job if Industries are not coming.

     So, for generating jobs at least few of them has to take up Entrepreneurship and start their own business. Now talking about MBA education in India, initial days the focus was on getting senior level jobs for MBA postgraduates. Slowly the focus changed and many a top institution of MBA education in India established incubation cell or Entrepreneurship cell to encourage students to take up Entrepreneurship. IIMT Business School one of the Top MBA Colleges in Greater Noida has a dedicated Entrepreneurship cell which is headed by a senior professor. College conducts many a training and workshops for students, so that they get motivation to start their own start-ups. Many students are successfully running their own ventures after passing out from IIMT Business School. These budding youths were also provided with chance to join placement driver but they chose to start their own business. As on date almost all of them are doing well in their respective business and are living a dignified lives. There is a urgent need to groom students to take up business as a career then looking for job. Once the inclination towards business will be inculcated in the youth there will be innovative ideas coming out and the nation will get the benefit. We have example like OYO rooms. It started with a small idea and now it is a big brand. It is a matter of surprise that without owning a hotel OYO has rooms across the country and they are able to provide rooms at very affordable price. For a start-up good business plan is a must.

      Here in IIMT, TopManagement College in Delhi Ncr has a dedicated Entrepreneurship cell  headed by Dean MBA. The cell has been arranging many seminar and workshop for the students. In these workshop eminent persons talk about their experience to motive students to take up Entrepreneurship.

       The cell also invites various government agencies who trains students to start their own business. They get the information that from where they will get the financial support for their start-ups. Some of the ex-students who are now successful Entrepreneurship were also invited to share their knowledge. Two aspects came out after their interaction. One never give up after initial failure, Fight again after each failure, success will come. Second one was patience, one need to have patience to get success. Nobody can become rich over night. One has to wait for at least few years to get success.

      We at IIMT Business School impart all the knowledge as stated above to make our students ready to launch their own start-ups. Many of our students are successful businessman and have created mark for themselves in society.

Beginner’s guide to Computer Science Engineering

Computer Science Engineering, commonly referred as CSE, is among one of the most pursued branches of engineering. A large number of students take admissions into this field every year, due to its obvious demand in the global market.

CSE is a futuristic and promising field to indulge in; however one shouldn’t just jump on the bandwagon without knowing the details of the field they are investing themselves in.

What is ComputerScience Engineering (CSE)?

Computer Science Engineering integrates the fields of computer engineering and computer science and covers a wide range of topics such as computer architecture, operating systems, computer networks, computer graphics, cloud, web, software engineering etc. all of which are separate fields amongst themselves. CSE provides knowledge of computer software as well as hardware programming and troubleshooting.

·       What does a computer science engineer do?

A computer science engineer is a person who develops software and hardware for computers and is involved with designing and processing computational processes and programming languages.

Ø  Their work ranges from developing software for different applications and industries to managing and inspecting them.

Ø  On the other hand, they also work with designing and development of the hardware components of the pc, laptops and computers.

Ø  Writing complex algorithms and codes for operating systems.

Ø  Developing software for computer devices like printers, modems and other computer machinery.

·       Scope of Computer Science Engineering

 As the world is progressing towards a digital future, it has increased the demand and horizon of this field. There are various job opportunities for people who possess a computer science graduation. You can find numerous jobs matching your skillset like-

Ø  Software Engineer or programmer

Ø  Hardware engineer

Ø  Scientist

Ø  Network programmer

Ø  Web Developer

Ø  Web designer

Ø  Technical author

Ø  Web content manager

Ø  System analyst

Ø  IT consultant

Ø  Database administrator

Ø  Games developer

Ø  Software tester

Ø  Project manager

Ø  Application developer

Ø  IT administrator

Computer science engineering is one of the highest paid jobs across the world and it is one of the most respected fields in the domain of engineering.

·       How to become a computer science engineer?

With its increasing demand and obvious perks, the field remains as the top priority of every engineering aspirant, the steps to follow in order to claim yourself as a computer science engineer are as follows-

Ø  You need to clear your intermediate with mathematics as a compulsory subject.

Ø  Pursue a bachelor’s degree in computer sciences. (B.tech computer science or B.sc computer science.)

Ø  Practice and sharpen your skills.

Ø  Go for a specialization in  masters

Ø  Once you are ready, you can apply for jobs and take up projects.

CONSTITUTIONAL IDENTITY

“....ignoring our commitments may make us rationale but not free. It cannot make us maintain our constitutional identity".   - Rubenfeld 

      The Supreme Court of India had long realised that in a society undergoing such fast social and economic change post independence, static judicial interpretation of the Constitution would stultify the identity of the Constitution. Accordingly, the Court gave birth to the doctrine of constitutional identity for fulfilling its obligation to act as sentinel for ardently guarding the fundamental rights and other constitutional rights bestowed upon the citizens by the Constitution of India.

     A Constitution does not ipso facto acquire an identity merely upon coming into being. It acquires an identity when time and again it successfully withstands the test of endurance. So was the case with our magnificent Indian Constitution.

Evolution of Constitutional Identity

The concept of Constitutional identity was developed to protect and preserve the dream that our founding fathers had conceived for an independent India, which could have easily been shattered if the Indian Constitution was not made resistant to its own destruction, by the very concept of constitutional identity.Students learn the concept thoroughly at Best Law College in Greater Noida.

The doctrine of constitutional identity, inter-alia acts like an antidote; in the event the power to amend the Constitution conferred on the Parliament under Article 368 acquires character of an autoimmune disease, wherein the immune system mistakenly attacks the body itself. To put it differently, when the power to amend the Constitution becomes destructive of the Constitution itself the constitutional courts have and will continue to use the inoculation of constitutional identity.

Supreme Court’s View

In the Indian context, the doctrine of Constitutional Identity became concretized in the epochal case of Kesavananda Bharati v. State of Kerala, when Justice Hegde and Mukherjea, while articulating the Basic Structure jurisprudence stated thusly:

“one cannot legally use the Constitution to destroy itself  […] The personality of the Constitution must remain unchanged”.

    Similarly, the then Chief Justice, S.M. Sikri observed:  

 “the expression ‘amendment of this Constitution’ does not enable Parliament to abrogate to completely change the fundamental features of the Constitution so as to destroy its identity.”

      This famously came to be known the Basic Structure theory. Thereafter, when the five-judge Constitution Bench of the Supreme Court in Minerva Mills Ltd. v. Union of India, was called in to consider the constitutional validity of the amendment to Article 31C of the Constitution. The Constitution Bench, yet again relied on the precept of constitutional identity.

The Court opined that the theme song of the majority decision in Keshvanand Bharati (Supra) was

   

“Amend as you may even the solemn document which the founding fathers have committed to your care, for you know best the needs of your generation. But, the Constitution is a precious heritage; therefore, you cannot destroy its identity.” 

Conclusion

Thus, the Court kept the flame of Constitutional identity alive Thus, the decisions of the Supreme Court in the 1970’s and 80’s, make it apparent that the theory of Basic Structure was an apparatus to achieve the end result, that is, to preserve the identity of the Constitution, which acts as the foundation upon which the edifice of the entire Constitution rests.

The aforesaid enunciations of law makes it graphically clear that the concept of constitutional identity which began as a safeguard born out of judicial creativity for protecting the Constitution from being destroyed by itself through constitutional amendments, has metamorphosed and has emerged as a substantial part of the affirmative rights conferred by the Constitution and thus cannot be allowed to be abrogated even for a moment.To become a professional lawyer and learn in detail about constitution, join LawCollege in Delhi NCR.

Assessment of Technical Education (NBA)-NIRF Ranking College

Technical Education is the backbone of any country. The overall development of any country depends upon the youth who are participating in technological development, new research activities and infrastructure building. For all these, education and skill development are the most important criteria.

For technical education institutes or colleges are platforms for students. After privatization self-financed colleges came in existence other than IITs, NITs and RECs and due to this, there is a huge number of colleges in each state. So for the student’s point of view, it is very difficult to choose the right college because in the commercial world where advertisements are playing a very important role, everyone clamming for being best.

For the assessment of colleges, to ensure the quality education and to promote the outcome-based education in India; AICTE took initiative for Accreditation of all colleges and formed the National board of Accreditation (NBA). The NBA gives certification of the assessment to colleges, which are satisfying a well defined criterion and securing marks as per NBA guidelines during the visit of experts.

Mainly the assessment is having performance verticals which include College, Department, Faculty, Student and improvements. The performance of students can be assessed with the help of results, placements, higher study their involvement in research and other activities. Similarly, the performance of faculty members can be assessed with the help of their qualification, teaching methodology, innovation, research activity, publications, projects, patents, product developments and the number of years they are investing in a current institute for the betterment. The NBA is mainly focusing on outcome-based education so they defined possible program outcomes and the department is doing exercise to achieve the target which is being fixed by the department itself. Now the evaluation of POs is based on each and every course which is being taught in the department. So Course outcome is a measurement of every subject that is, what outcome being as a faculty we are expecting from the subject and what exactly we are getting. So in outcome-based education, there is a flexibility to redefine our target at the faculty level or at department level. So in short Accreditation is a process which can assess the quality of college as well as the department.

Now AICTE suggests to each institute for Accreditation of their departments and very soon it will be mandatory for all. After Accreditation all institute will be at the same platform and it will be very helpful to our students also to get a quality education. Recently the Computer Science & Engineering Department of IIMT college of Engineering got Accreditation by NBA. There are very few colleges in NCR which are NBA accredited and it shows the clear Vision and outcome-based education is being provided by IIMT college of engineering.