I-T raids Welingkar Director Residence, alleged of making capitation fee for MBA seats | CoolAvenues.com

As per news on coolavenues.com Income tax Department has raided in a case of capitation fee against admission in institute. A student has repeatedly complain that Director is asking for capitation fee for management quota admission in the institute. It is just a single incidence which is known to us actually it is a common practice for all private/deemed universities, private engineering and management colleges to give admissions to the students through management quota only after accepting extra money, the method of taking this wrong money is sometimes in the form of cash/donation/capitation fee/etc.

Wherever you go for admission through management seat you have to pay according to the prescribed rates of that institute, while their is a scope of some negotiation but you have to pay for it.

This is purely commercialization of education and proves that poor and common men can not afford the higher education and it is the way to protect the rich class. Middle class has only tool i.e. education for the development of their child future so they are struggling for it and even pay the capitation and donation through taking loans or by some other means.

I-T raids Welingkar Director Residence, alleged of making capitation fee for MBA seats | CoolAvenues.com

Education in India

Currently India has the second largest population in the world and education is one of the hot sector of Indian economy as Indian Government has big plans for it. In last few year so many engineering and management institutes have come up in Northern India and almost all of them are through private players.In coming few years we may see a large number of private universities, deemed universities or foreign universities operating in India.

It is really very nice move to spread the education but if we look the scenario in long term I think after 10 years we have large crop of unemployed engineering and management graduates which can be a really big problem for the nation as the person who is unemployed even after getting technical and management degrees will definitely get frustrated and may engage in unlawful, criminal and may be terrorist activities so government should increase its focus on creating more number of jobs for educated peoples by taking various steps.

In other words this young educated generation is a big resource for the nation and we are standing at a point from where our nation India can take a track so that it can be a super power but if this educated generation is not used in right way then the nation may receive a big set back. Also it must be noted that political will and corruption should not be a obstacle in path of this young educated generation.

Commercialization of Education

In last 10 years the scenario of education in NCR has revolutionized and the new policy of government is making the foundation of another big round of changes and during this phase a large number of private players have created a big amount of wealth because as all the private players who are previously has some small institutes now a days have opened polytechnic, engineering and management institution and currently these players are in process of upgrading themselves to university level and some of them have already done it.

These private players created big wealth as the educational institutes get big concessions/grant/tax free benefits from government but does the private players passed on these subsidy/benefits/concession to common citizen and did not stored money in their own pockets by exploiting various loopholes in the system.

Now the government has introduced the foreign universities and in view of that private players are trying for foreign collaborations/tie-ups with various foreign universities but the question is are we creating a ill-trained army of professionals of various sectors means the students who will study in these institutes are international level professionals and not just a degree holder. It may seem that in near future degrees will be sold by private players by just completing the formalities and not by giving actual knowledge and education to our young generation.

How many peoples from poor family are able to get higher education from private institutions and how many number of poor family professional have been generated by these private players.

CAN YOU SUGGEST SOME WAYS TO PLUG THE LOOPHOLES IN THE SYSTEM.