Systematic education policy is essential for offering school and college education in a country due to the reason that education leads to progress in society. Different countries use different education systems with different stages during its life cycle of school and College education levels. Recently, the Government of India received a draft Education policy suggested by an expert committee headed by Dr. K. Kasturirangan, former chairman of Indian Space Research Organization (ISRO). The committee suggested both incremental and drastically changes in existing Indian education policy and give guidelines to effective implementation in the country by 2030. This is also in line with the Objectives of fourth Sustainable Development Goals to provide quality education for all citizens through fourth Educational Industry Revolution (EIR 4.0) in the country. This paper reviews the related literature during last few years on Indian Higher Education Policies and their consequences, Salient features and their focuses on the present draft of National Education policy 2019 through content analysis. The paper highlights on various policies proposed in the draft with the special emphasis on higher education section and compare them with the previous policies. The analysis also compares the possible effects of NEP 2019 proposal on private and public HEIs in terms of facilities & restrictions. The strength and weakness of the new policy are identified with respect to various stakeholders and listed. Appropriate suggestions are made to realize the policy and make it defect free and effective from a public point of reference and for the prosperity of the country

ABSTRACT

A majority of organized brick-and-mortar lifestyle retailers in India believe that the brick-and-mortar retailing model ensures economies of scale as they keep opening new stores. Having more stores might help retailers to gain product sourcing advantages in addition to generating additional revenue to the firm but at the same time, it fails to provide any other benefits towards economies of scale as every new store comes with new one-time capital expenditures and recurring fixed expenses. Another misconception is that lifestyle retailing must follow an organizational structure (OS) that is adopted by their parent company and hence a majority of OS adopted by lifestyle retailers in India is dependent on organizational form. This study was not limited to just recommending a rational OS based on exploratory research and existing theories in the OS domain. Once the ROLS-b was designed, we have experimented with the proposed rational OS on one of the ten lifestyle retailers in the study to test the validity and reliability. Experimentation results empirically and qualitatively demonstrate that the existing belief of brick-and-mortar lifestyle retailers in India which assumes economies of scale and long-term firm’s sustainability as the retailer increases the store count is just a misconception and does not hold. On the other hand, when we experimented the ROLS-b for over twelve months at over 25 percent stores of a select retailer, results demonstrate that these stores which have gone through the treatment have shown 5.34 times improvement in the store-level profit and 1.97 times in the firm-level profit in addition to eliminating a majority of gaps found in the existing OS that was leading to diseconomies of scale and deteriorating firm’s performance.

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Industry 4.0 is the current buzzword in the modern organization. Itpromises to revolutionize the Industry with automation and computing technologies. Indian Engineering Industry is the largest segment among the Indian Industries having a huge export potential. Industry 4.0 is making inroads into this high potential Industry in a gradual manner. There are very few studies as to how should engineers adapt with the skills and ability requirements of knowledge society created due to the application of Industry 4.0. The main aim of this paper is to critically analyze the previous studies so that engineers can adapt to Industry 4.0. This study finds six dimensions engineers must adapt while working in Industry 4.0 environment. Though there have been numerous literature reviews on Industry 4.0, however this is the first study carried out on engineer adaptability for Industry 4.0 in the contextual domain of Indian Engineering Industries.

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No abstract

Industry 4.0 is the current buzzword in the modern organization. It promises to revolutionize the Industry with automation and computing technologies. Indian Engineering Industry is the largest segment among the Indian Industries having a huge export potential. Industry 4.0 is making inroads into this high potential Industry in a gradual manner. There are very few studies as to how should engineers adapt with the skills and ability requirements of knowledge society created due to the application of Industry 4.0. The main aim of this paper is to critically analyze the previous studies so that engineers can adapt to Industry 4.0. This study finds six dimensions engineers must adapt while working in Industry 4.0 environment. Though there have been numerous literature reviews on Industry 4.0, however this is the first study carried out on engineer adaptability for Industry 4.0 in the contextual domain of Indian Engineering Industries.