Paytm Education Brings Focus On Learning And Exams With Fee Payments, Financial Services

Paytm has announced its entry into the Indian education market, with Paytm Education. The platform, which will compete in the lucrative $101.1 Bn education market, is said to offer a full bouquet of services across payments (in-app and educational centres), commerce (coaching, scholarships, test preparation, admission forms etc.), financial support (student insurance, educational loans, EMIs, smart cards) and academic services. Paytm Education is looking to tap all areas in partnership with educational institutions, both private and government. It’s going after private entrance tests as well as public university tests, and government jobs,…

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Budget 2019: New education policy to focus on research

Rs 400 crore allocated for setting-up world-class education institutes The Centre on Friday allocated Rs 400 crore for setting up world-class education institutes and announced ‘Study in India’ programme that will aim at attracting foreign students to the country. Presenting the first Budget of the NDA government in its second term, Union Finance Minister Nirmala Sitharaman said the government will bring in a new national education policy to transform India’s higher education system to one of the best in the world. The policy proposes major changes in both school and…

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[Funding alert] Education financing startup Propelld raises Rs 15 Cr from Stellaris Venture Partners and India Quotient

Propelld, a Bengaluru-based fintech startup that enables student education loans, on Monday, announced that it has raised Rs 15 crore from Stellaris Venture Partners and India Quotient. Existing investor India Angel Network Fund (IAN Fund) also participated in the round. Other investors in the round include Raghunandan G, founder of Taxiforsure and Ramakant Sharma, founder of Livspace, who participated as members of Stellaris’ Founder Network. Bibhu Prasad Das, Founder, Propelld said, “We are expanding the education credit market by creating tailor-made loan products with inputs from our institute and NBFC partners,…

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New education policy draft hailed

Ludhiana: The Punjab Educationists’ Forum organised a round-table discussion on “NDA’s new education policy” draft at Ramgarhia Girls College today. Principal Inderjit Kaur and president Ranjodh Singh of the Ramgarhia Educational Council extended a cordial welcome to the guests. The forum discussed in detail the proposed draft of the new education policy of the National Democratic Alliance. The forum hailed the merits of the new education policy, which included a change in the age for the Right to Education, from the age of three years to 18 years upto 2030,…

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New education policy seeks to junk 10+2 format, ‘high-stakes’ exams

NEW DELHI: Replacing the 10+2 system, replacing ‘high stakes’ Class 10 and 12 exams with subject-wise ‘modular’ assessments anytime between Classes 9 and 12, ‘census’ examinations for classes 3, 5 and 8 to track progress throughout the school experience and deregulating higher education to allow students to opt for courses, exit them mid-way and resume them at fully autonomous public and private institutes — these are some of the key recommendations of the new education policy that the Modi government is set to make public as it begins its second stint. Key…

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The Election Fix: Have BJP’s attempts to solve India’s education problems done more harm than good?

Welcome to The Election Fix. On Sundays, we take a closer look at one theme that will play a significant role in India’s Lok Sabha elections. In the past, we’ve looked at things like agriculture and the discrimination faced by Muslims in politics. This week, Shreya Roy Chowdhury takes a look at education, from how the big promises made by the Bharatiya Janata Party have turned into piecemeal efforts to the major challenges facing India’s policymakers in the future. We are running a reader survey about the Election Fix and what you would like to see from our…

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