Direct Tax incentives to promote Skill Development – National Manufacturing Policy
The National Manufacturing Policy (NMP) 2011 proposed to provide inter alia, the following direct taxes incentives to promote skill development: Weighted deduction of 150% of the expenditure (other than land or building) incurred in Public Private Partnership (PPP) projects for skill development in manufacturing sector in separate facilities in coordination with National Skill Development Corporation… Read More
Tags: Business, Finance Act, Income Tax Act 1961, Nazi Party, Public–private partnership, Skill, Taxation in India, Vocational Education
Indo-US Co-Operation in Knowledge Sector
India and the US will further expand co-operation in knowledge sector. This was announced by the HRD Minister Dr. Pallam Raju during a round table discussion on Advances in US-India Academic Partnership in Washington. Dr. Raju who is leading an Indian delegation said that eight more awards have been finalized under the Singh-Obama Knowledge Initiative… Read More
Tags: Community college, India, Nirupama Rao, Pallam Raju, Tara Sonenshine, United States, Vocational Education, Washington
Rashtriya Madhyamik Shiksha Abhiyan – revision of certain norms
The Cabinet Committee on Economic Affairs has approved the proposal of the Ministry of Human Resource Development for the Rashtriya Madhyamik Shiksha Abhiyan (RMSA). This will facilitate the States / UTs to execute the civil works for construction of new schools as well as expanding capacity in existing schools. The details are as follows: (i)… Read More
Tags: Five-year plans of the People's Republic of China, Information and Communication Technology, Ministry of Human Resource Development, RMSA, Sarva Shiksha Abhiyan, Secondary school, Sikkim, Vocational Education
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