Online edition of India's National Newspaper
Tuesday, Dec 11, 2007
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Online edition of India's National Newspaper Tuesday, Dec 11, 2007 ePaper |
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Tamil Nadu
BEST OPTION: Manohara Raj, senior vice-president, HDFC Bank, releasing a CD on ‘active teaching and learning in higher education’ to Lakshminarasimha, Associate Dean of Icfai Business School in Tiruchi. TIRUCHI: Micro-finance could provide a viable career option for management graduates and boost the weakening agricultural economy in rural areas, vice-president of HDFC Bank, Chennai, K. Manohara Raj, observed on Saturday. With over 60 per cent of Indian population involved in agriculture and related jobs, agrarian crisis posed a great challenge for the country’s economy. The weaning of interest in agricultural activity has resulted in a large amount of distress migration in rural segment to urban areas. The lack of human resources would slash the agricultural production, which in turn would inflate the prices of food commodities. Suggesting a way out of this vicious circle at the international conference on ‘active teaching and learning in higher education’ organised by Icfai National College (INC), Mr. Manohara Raj said that micro-finance, which was fast picking up in Tamil Nadu, Karnataka, Andhra Pradesh and Orissa, provide a prospective business opportunity in the field of management and finance. With 28 per cent of India’s population being below the poverty line and 32 per cent being just above it, over 60 per cent of population were in need of financial assistance in one way or the other. Allaying the misconception among bankers that recovery rate of loans would be low in micro-finance, Mr. Manohara Raj said the loan portfolio of micro-finance has 98 per cent recovery rate, which no other loan segment has managed to achieve. The scheme would be of great business interest for both the receiver and provider. He urged the students to look at micro-finance as a prospective career option that demanded management skills to stabilise Indian economy. Associate Dean of Icfai Business School A. Lakshminarasimha briefed on the possible ways to make teaching and learning interesting. Inclusion of debates, case studies and role play would facilitate easy learning of concepts, he said. About 130 papers on teaching and learning methods were presented at the conference, which witnessed a participation of over 200 delegates from places including Malaysia, Nepal, Saudi Arabia, Mauritius and France. National Coordinator of INC Academic Staff College R. Gurumurthy, Dean-Academics M. Bhasakara Rao, Dean R. Ramkumar, Principal of INC, Tiruchi, B. Balamurugan and Academic Head S. W. Rajamanoharane spoke. Mr. Manohara Raj issued laptops to first year students and placement offer letters for out-going students.
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