Get subscribed to our newsletter
Get interesting updates to your email inbox.
Scholarship Scam: How Officials, Institutions, Banks Deprive Poor Students to Pursue Basic Education?
Initial investigation by the CBI into the multi-crore scholarship scam reveals a deep-rooted nexus between government officials, private institutions and public sector banks to siphon-off funds meant for poorest of the poor students. Students belonging to Scheduled Castes and Minorities were also deprived of scholarships to pursue basic education.
Sources in the Central Bureau of Investigation (CBI) revealed to IANS that the scam in the scholarship fund meant for children from below poverty line (BPL) families was spread across Himachal Pradesh, Haryana and Punjab.
Though the scope of the investigation pursued by CBI’s Shimla branch is limited to this region, sources said that the scam is widespread and similar complaints have been made in Uttarakhand, Uttar Pradesh and other parts of the country.
“In the interest of the poor and SC/ST students, the agency can take up more such cases if the matter is recommended to us by other states,” said a highly-placed source in the CBI.
The agency’s investigation revealed that institutions like Lovely Professional University and Karnataka University established centres in different states, including Himachal Pradesh, where documents of SC/ST and BPL students were collected but admissions not granted. Later, with the connivance of officials of the Education Department and banks, fake bank accounts were opened on the basis of genuine documents(and addresses) secured by the centres.
For instance, almost 250 students of village Dehri in Himachal’s Kangra district had applied at these centres, which took the documents of these students but did not give them admission.
Subsequently, a large number of fake accounts were opened in the State Bank of India and the Allahabad Bank on basis of documents submitted by the students and the bank officials did not verify the account holders, facilitating the scamsters’ siphoning off the scholarship money.
ALSO READ: Facebook, Udacity Announce AI Scholarship
Last month, the CBI conducted raids at multiple locations in northern India in the Rs 250 crore scholarship scam related to pre- and post-matric scholarship scheme. The CBI sleuths carried out the raids at 22 educational institutes across Punjab, Himachal Pradesh, Chandigarh and Haryana.
Besides the CBI, police in Uttarakhand and Uttar Pradesh are also investigating scams related to scholarships where officials of the Education Department and private institutions have been found to be hand in glove. In Uttar Pradesh, the scam relates to the Minority Department, where scholarships of poor Muslim students were fraudulently siphoned-off by corrupt officials. (IANS)
South Korea remained the No. 2 supplier of popular content to Netflix in the fourth quarter of last year, US online media have reported. According to What's On Netflix, a private online site that provides information on Netflix content, on Wednesday (US time), South Korean-made shows accounted for 11.8 per cent of the top 10 films and TV series in the final three months of 2021.
ALSO READ: Lessons Learnt From Squid Game
Korean content thus ranked No. 2 for the second consecutive quarter after the United States, which accounted for 59 per cent, reports Yonhap News Agency. The figures are based on data by the streaming analytics firm FlixPatrol, it added. It marked a sharp increase from its share of 5.4 per cent for the third quarter, thanks to the breakout hit 'Squid Game', released on September 17, and other hit series.
South Korean-made shows accounted for 11.8 per cent of the top 10 films and TV series in the final three months of 2021. | Unsplash
"The fourth quarter of 2021 is likely to be an outlier with the arrival of 'Squid Game', but Korean content has been on a slow march up the charts regardless of 'Squid Game'," the report said. 'Squid Game' became the most successful Netflix show in history, with its total viewership reaching a record 1.65 billion hours in the first four weeks of its release.
Two subsequent series, the fantasy horror 'Hellbound' and the sci-fi thriller 'The Silent Sea', also topped Netflix's official weekly viewership chart for non-English TV shows. (IANS/ MBI)
(Keywords: squid game, netflix, series, US, Korea, quarter, content, history viewership, hellbound, the silent sea, chart)
There has been a significant growth in adoption as well as deepening of digital payments across the country, showed the Reserve Bank of India - Digital Payments Index (RBI-DPI) on Wednesday. Accordingly, the index reading for September 2021 rose to 304.06 (index value) from 270.59 in March 2021. "The RBI-DPI Index continues to demonstrate significant growth in adoption and deepening of digital payments across the country," the RBI said in a statement.
Starting from March 2018, the index stood at 153.47 in March 2019, 173.49 in September 2019. This improved to 207.84 in March 2020, 217.74 in September 2020 and further increased to 270.59 in March 2021. Earlier, the RBI had announced construction of the composite index with March 2018 as a base to capture the extent of digitisation of payments across the country.
Starting from March 2018, the index stood at 153.47 in March 2019, 173.49 in September 2019. | Wikimedia Commons
The RBI-DPI comprises of five broad parameters that enable measurement of deepening and penetration of digital payments in the country over different time periods.Notably, these parameters are 'payment enablers', 'payment infrastructure -- demand side factors', 'payment infrastructure -- suppy side factors', 'payment performance' and 'consumer centricity'.Each of these parameters have sub-parameters which, in turn, consist of various measurable indicators. (IANS/ MBI)
(Keywords: adoption, payment, reserve bank of india, infrastructure, growth, march, index, digital, country, parameters)
After an embarrassingly slow start to the crypto new year, the tides of the crypto machine are starting to change and with it, the investors of Avalanche and HUH Token have received some rather spectacular rewards.
The cryptocurrency market this week saw value increases of over 20% and that’s enough to signal to any crypto investor that things are going better in the crypto sphere than last weeks value increase percentages, which, for the most part, were on a downtrend.
But with the spirits of the cryptocurrency community well and truly perked up, it’s no wonder that hungry crypto investors like yourself are looking for the next bonus round of value increases.
What’s So Special About Avalanche?
You might be wondering how two altcoins, like Avalanche and HUH Token, have popped up on your deep search of the crypto sphere and it’s for good reason … these two cryptocurrencies saw an exponential increase in value this week and with it, have driven the crypto community crazy with investment potential.
It seems like the crypto bug has been biting and the crypto sphere is regaining its pre-New Year vigour.
Avalanche the low-cost, eco-friendly programmable smart contracts platform saw an astonishing 3,042% from that point and investors are rejoicing at their before-the-curve investment in an altcoin.
Though if the numbers and investment trends of 2021 are anything to go off, altcoins like Avalanche and HUH Token are becoming the prefered crypto choice for whale investors.
HUH Token are making steps in this direction with their play-to-earn game launching in February.Dailyhodi
Not many currencies saw such a drastic increase of value like Avalanche, and aside from its forward-thinking, inclusive crypto technology, this is one of the abilities that make Avalanche special.
Its continuing growth potential.
Never Heard Of HUH Token, HUH?
Now, this might not be true for the seasoned crypto lover reading this article, however for those of you who are new to the crypto sphere, HUH Token is the altcoin trailblazer that launched a little over a month ago.
Also Read: Will SafeMoon Be Eclipsed By HUH Token?
HUH Token saw an incredible increase and is set to see more value rises over the next month with its 500 wide influencer launch, play-to-earn launch and dropping their presale holders NFTs on the 31st of January.
It’s events like these that often cause value spikes in altcoins and for that reason, HUH holders are more than thrilled with Utimeme.
HUH Token is the blend of blockchain technology and holder-centric values that most investors crave because it allows them to have greater input over what happens to their well-earned money.
Like Avalanche, HUH Token is a currency that wants to bring a new kind of crypto investor to the market, and that’s one from any kind of financial background… HUH Token are making steps in this direction with their play-to-earn game launching in February.
These are some of the reasons that a bonus round for those who missed out on the crypto windfall of January 1st investors, could be around the corner.
Remember, it’s always best to do your research into crypto before investing and you can begin your search by visiting the links below or going to Avalanche and HUH Token websites.
Disclaimer: (This article is sponsored and includes some commercial links)