For most middle-class Indian families, owning a house of their own, having sufficient money to send children abroad for education, over INR 1.2 crores of savings, and retiring on an auspicious note with financial security is a fantasy. With limited incomes, increasing cost of living, and surprise expenses, saving substantially always seems beyond the reach of many. But CA Nitin Kaushik thinks otherwise.

In a detailed X (formerly Twitter) post, CA Nitin Kaushik clarified that with hard work, wise planning, and regular investing discipline, even individuals with average income can create a wealth of INR 1.2 crores in 10 years. Here's how, according to Kaushik's X post:

Plan for finances early

One of Kaushik's largest tips is to prioritize right from the beginning. For parents, this means starting a child's investment plan from the moment they are born. By investing only INR 10,000 every month — divided between Systematic Investment Plans (SIPs) in index funds and the Public Provident Fund (PPF) — parents can aim to save upto INR 60 lakh in 15 years.

The mathematics takes care of itself through the compounding power: Mutual funds have the potential to earn around 12% every year, and PPF provides safety, tax advantage, and sure shot returns. Periodic top-ups increase the amount further.

Purchase a house without burning your money

For average Indians, home ownership is a big dream— but Kaushik recommends being patient with it. Rather than leaping into a long-term home loan, the families can first rent while saving aggressively on the side. Try to accumulate at least 25% of the price of the property as a down payment before purchase.

While availing a loan, keep the term period low (10 years rather than 20) and see that EMIs do not go beyond 35% of one's salary. This will cut down interest expenses, accelerate repayment of the loan, and also provide scope for other investments.

Begin saving for retirement today

Dependent solely on the Employees' Provident Fund (EPF) is not advisable. Kaushik recommends increasing contributions to the National Pension System (NPS) over a period of time and operating independent retirement-oriented SIPs. The objective: accumulate INR 30–35 lakh in retirement corpus over 10 years. This diversified scheme serves as an inflation hedge as well as unexpected expenses.

Small habits make big impact

It's not so much about how much you make, but how regularly you save. Kaushik suggests:

- Don't inflate lifestyle (don't let your spending increase just because your income is rising)

- Monitor your expenses using a basic spreadsheet

- Postpone splurging on holidays till you reach your savings milestones

- Mark achievements such as reaching ₹5 lakh in SIP investments or paying off loans

The 10-year result

By sticking to this strategy, Kaushik states that a normal family can accrue:

INR 72 lakh from mutual funds

INR 28 lakh from PPF, EPF, and NPS

INR 8 lakh in fixed deposits and liquid funds

INR 15 lakh in home equity (after loan deductions)

Even with deducting liabilities like a INR 22 lakh outstanding home loan, the net worth works out to more than INR 1.2 crore in 10 years.

Kaushik’s message is simple: Wealth is built slowly — through patience, consistent investing, and smart financial decisions — not by chasing quick profits. For middle-class families, starting early and staying disciplined can turn modest salaries into a strong financial future.

The Rajasthan Department of Sanskrit Education has sacked the services of four veteran Sanskrit teachers following disability certificates presented during their recruitment being discovered as forged.

As per the department's order dated Tuesday, the teachers had been appointed under the disabled category via the Senior Teacher (Sanskrit Education) Competitive Examination-2022. Their appointments were confirmed by departmental orders dated December 9 and December 18, 2024.

The case was brought to light after the certificates produced by the teachers were referred for scrutiny. The medical officer of the SMS Hospital who performed the scrutiny attested that the documents were fake.

The four dismissed teachers include Vishnu Kumar, son of Birendra Singh; Surendra Singh, son of Satyavir Singh; Lokesh Rathore, son of Chaturbhuj Rathore; and Sanjeev Kumar, son of Roop Singh.

A senior department spokesperson stated, "All four were recruited on the disabled quota, but upon verification, their disability certificates turned out to be invalid. They have been declared ineligible and relieved from government service with immediate effect."

Crackdown on fake certificates

The case has again brought into focus the abuse of reservation benefits with fake documents. Officials have stated that stringent verification procedures will now be implemented for all appointments in the future to avoid such malpractices. The department has also stated that more steps, including legal action, might be taken against the sacked teachers.

Broader implications for recruitment

Recruitment fraud in the form of duplicate caste, disability, and income certificates has been a perpetual problem in public service examinations in various states. Experts observe that this practice not only dilutes the reservation policy but also denies opportunities to genuinely deserving candidates.

With the Sanskrit Education Department taking a hard line against the malpractice, the action is being viewed as a stern warning to discourage candidates from trying to get government jobs by hook or by crook. 

The department is likely to send the case for further investigation and legal scrutiny to ascertain responsibility and tighten compliance in future recruitment drives.

Shyam Lal College (Evening) of the University of Delhi has invited online applications for Assistant Professor in various departments. Eligible candidates can apply on the official website at rec.uod.ac.in/. The September 6, 2025, is the last date for this recruitment.

DU Recruitment 2025: Vacancy details

The recruitment campaign aims at filling 57 vacancies in various subjects.

  1. Commerce: 21
  2. Computer Science: 6
  3. Economics: 7
  4. English: 6
  5. Hindi: 7
  6. History: 3
  7. Mathematics: 3
  8. Political Science: 1
  9. Physical Education: 1
  10. Environment Studies: 2
  11. Total: 57

DU Recruitment 2025: Salary structure

The recruitment is for posts at academic pay level 10 of the 7th Central Pay Commission matrix, with a salary ranging from ₹57,700 to ₹1,82,400, along with other permissible allowances.

DU Recruitment 2025: How to apply?

To apply for this recruitment, candidates must take the below-mentioned steps:

Step 1: Visit the official website - https://rec.uod.ac.in/

Step 2: Then, register a new account with the details like email ID, password, mobile number, and verification code.

Step 3: Then, put the newly created credentials in the login page.

Step 4: Now, carefully fill up the form with proper details and finish all the formalities.

Step 5: Download the confirmation page and take a printout of the same for future reference.

About DU Recruitment

Delhi University (DU) Recruitment is the process of appointing candidates to teach, conduct research, and work in non-teaching positions at Delhi University (DU) colleges, departments, and administrative offices is known as Delhi University (DU) Recruitment. Its official website posts recruitment notices detailing who is eligible to apply, how to apply, when to apply, and the selection process. DU's reputation for academic excellence, research opportunities, and career advancement makes its recruitment highly competitive and attracts applications from all over the country.

Prime minister Narendra Modi's recent announcement in August marks a historical turning point for India’s tech world and its journey. As per his announcement, India’s first domestically manufactured semiconductor chips will be available by the end of 2025, a powerful step towards making  India atmanirbhar (Self-reliant). This is an  outcome of years of planning done by the government and marks a remarkable shift from India as a major consumer of electronics to becoming a producer and innovator in the global chip market. 

 

Significance of Made-in-India Semiconductor Chips 

Over decades, India was dependent on the importation of chips and failed to seize the opportunities of the past to develop its own semiconductor industry. Speaking at The Economic Times World Leaders Forum, PM Modi stated the same saying, “We all know that semiconductor manufacturing could have started in India 50–60 years ago, but India missed that too, and the same thing continued for many years to come.”  He claimed that the situation is changing with a government-supported strategic plan.” Today we have changed this situation. Semiconductor-related factories have started coming up in India,” He added. As per PM Modi, the focus is on building strong local manufacturing and shifting to self-reliance, which will contribute to the development of electronics, telecommunication, and other businesses similar to it. 

 

Key Facts About India's Semiconductor Chip Launch 2025

  1. The chip will have a technology of between 28nm and 90nm, which is applicable in cars, consumer gadgets, telecom and machines. 
  2. The Semicon India Mission supports the manufacturing programme, which has a mind-blowing budget of 76,000 crore and 10 additional projects in the pipeline. 
  3. It will have modern packaging facilities, assembly facilities, and new state-of-the-art fabrication facilities, some capable of producing more than nine crore chips per year. 
  4. The semiconductor push will generate thousands of new jobs and develop 84000+ skilled manpower, although more than 1.6 lakh crore has already been invested.

 

Government Support and Policy Changes

  • Financial assistance of up to 50 percent is provided by the government in the construction of chip factories and display units. 
  • The industry has been enhanced, with organisations such as AICTE introducing special courses and training to students in chip design. 
  • India is also establishing new alliances with nations like the US, Japan, Singapore and the EU, importing highly sophisticated knowledge and technology.

 

India 6G development

The government is not only concentrating on India’s semiconductors Mission, it is also developing its own 6G telecom network under the Made-in-India mission, which is expected to roll out in 2030. As per PM Modi’s semiconductor announcement 2025, major institutes are starting to develop research laboratories and innovation centres, hoping to make the next generation of chips locally produced.

 

One of the Major Steps is the Strategic Geographical Diffusion

New production plants are currently being set up in Odisha, Assam, Andhra Pradesh, Punjab, and Gujarat. The plant in Odisha in collaboration with Clas-SiC Wafer Fab Ltd. in the UK will manufacture the first commercial compound semiconductor chip in the country, and the assembly, testing, and packaging ecosystem is headed by Tata Electronics and Micron in Assam and Gujarat. The industry will thus generate tens of thousands of direct and indirect jobs, giving skill development and growth opportunities to Indian youth, and engineers.

 

By 2025, India will get the first Made-in-India chip in a local product and this will help decrease the reliance on foreign technology and increase exports. The government’s dedicated policies, funding, and international alliances are creating a strong foundation for sustained growth in IT and electronics. As a 6G network is being developed in parallel, India is demonstrating to the world that it is capable of keeping pace and that it can set the pace in the future. 

 

Thus, this mission is set to place India on the map of the tech world not only as a consumer but as a producer and soon a leader, creating smart jobs and providing convenient and easily understandable technology to all people across the globe. 

 

 

On Monday, US President Donald Trump made an announcement that seemed to defy both the mood in Washington and the numbers on the ground. He declared that 600,000 Chinese students will be welcomed into American colleges, despite the grinding trade disputes with Beijing. “We’re going to allow their students to come in. It’s very important… But we’re going to get along with China,” Trump said. Fox News notes that the pledge represents an audacious leap, given that only about 270,000 Chinese students are currently enrolled in US universities.

 

The irony was almost palpable. Just last May, US Secretary of State Marco Rubio stated that the United States will start "aggressively" canceling visas of Chinese students, especially those with connections to the Chinese Communist Party or studying what Washington deems "critical fields." The Chinese embassy, on its part, warned its students against going to Houston after incidents of harassment and random deportations, the South China Morning Post said.

 

The contrast is striking: A White House at once inviting, excluding, and menacing the very same set of students—all in the name of strategic imperative. Chinese students are, at one moment, depicted as would-be spies hamstringing America's research infrastructure and, at another, as vital customers underwriting a tuition-based higher education system teetering on the edge of a demographic precipice.

 

Well, the balance sheet wins out over ideology. Trump's 600,000-student bluff is more about numbers than diplomacy, it appears.

 

The tuition-driven empire

Well, excavating the data reveals an unspoken reality of the American Ivy glory: International students are not just a source of cultural diversity; they are the bread and butter of a tuition-hungry system balancing on demographic precipices. In 2023, foreign students, mainly Chinese and Indians, infused more than $50 billion into the US economy, states the Institute of International Education, 2023. The reality is grim and harsh: Without these paying foreigners, many universities would have to shut their doors for American students too.

 

And this is not an epidemic phenomenon, but rather a widely disseminated one. Many public universities, from the University of California to West Virginia University, increasingly depended on out-of-state tuition to make up for shrinking state support, as US news sources have indicated.

 

In short, American academia relies heavily on Chinese students to feed its ivory towers.

 

Demographic cliff meets economic dependence

To add fuel to the fire, America has a demographic reckoning on its hands. Post-2007 fertility slowdowns have progressively undermined the nation's homegrown supply of college-ready students. By 2035, undergraduate admissions might decline by almost five million without foreign students, while graduate programs might lose 1.1 million candidates, based on a report by the National Foundation for American Policy, 2025. These are not just figures; these figures can picture vacant dormitories, shuttered cafés, and job cuts for local employees who depend on university environments.

 

It is not just the Ivies that are in existential danger, regional and liberal arts colleges—town anchors throughout the heartland—face economic collapse. They are the campuses that train first-generation Americans, give jobs to locals, and support micro-economies that would plummet without tuition revenue. To drive international students out is to remove the structural pillars of communities painstakingly constructed over generations.

 

Geopolitics by the numbers

Trump's declaration is pragmatic and performative. Trade tensions with China continue, but the math is brutally simple: The US cannot afford to offend the very people who bankroll its campuses and, by extension, subsidize the soft power that has long been its global edge.



A decision between strategy and survival

The stakes go far beyond the academy. International students underwrite opportunities for home students, drive critical sectors, and support whole towns. Keeping them out would not save American jobs; it would empty them out. Trump's 600,000-student bluff is not just a news hook; it is a powerful metaphor for the conflict between ideology and pragmatism, a tuition-gated détente posing as diplomacy.

 

If America wishes to "get along" with China, perhaps it would do so by first observing that the price of driving away foreign students may prove much higher than a trade rivalry. In the accounting of worldwide reputation, the budget statement of the universities is as vital as any treaty or tariff. And in that balance sheet, the cost of barring others is much higher than the awkwardness of interaction.

Central University of Odisha (CUO) on Monday signed Memoranda of Understanding (MoUs) with four other central universities for facilitating inclusive and multidisciplinary education as per the National Education Policy (NEP) 2020.

 

The participating universities with CUO include Hyderabad-based English and Foreign Languages University (EFLU); Vizianagaram-based Central Tribal University of Andhra Pradesh (CTU AP); Amarkantak-based Indira Gandhi National Tribal University (IGNTU); and Telangana-based Sammakka Sarakka Central Tribal University (SSCTU).

 

The MoUs seek to develop collaborative research, academic exchange, and capacity building with a special focus on tribal studies. The institutions will cooperate in faculty exchange, curricula development, and academic projects focusing on the role of higher education in empowering marginal and tribal communities under the MoUs.

 

Addressing the occasion, CUO Vice-Chancellor (in-charge) Prof. Narasingha Charan Panda spoke of the need to convert MoUs into concrete deliverables through an active interface with faculty members. Emphasizing the emphasis on research on tribals lends the collaboration a very special meaning, which he explained as "a powerful and promising area that can redefine inclusive education."

 

Prof. Panda further mentioned that the plan was conceived following a meeting was conducted when Union Education Minister Dharmendra Pradhan came to CUO in July 2025. The minister had stressed having more convergence of central universities to fuel innovation, knowledge sharing, and inclusion according to NEP-2020.

 

Dignitaries who attended the MoU signing event included EFLU Vice-Chancellor N. Nagaraju, SSCTU Vice-Chancellor Y.L. Srinivas, CTU AP Vice-Chancellor T. Srinivasan, and Prof. Soubhagya Ranjan Padhi of IGNTU.

 

The partnership is sure to benefit the students and faculties both in terms of exposure to common resources, diversity of places of learning, and mutual prospects of co-authorship of research papers. Above all, it will see that India's tribal knowledge systems get developed so that indigenous knowledge and cultural heritage become part of the mainstream higher education.

 

Through this partnership, CUO and its educationally-minded friends aim to provide a model of how the central universities can collectively contribute to inclusive, multidisciplinary, and socially relevant learning in the spirit of NEP-2020.

A case has been registered at the Kotwali Nagar police station here against District Basic Education Officer Atul Kumar Tiwari and seven others relating to the controversial Anamika Shukla teacher recruitment case, said the police on Monday.

 

The FIR was registered on the court's orders.

 

Kotwali Nagar SHO Vivek Trivedi stated the accused are then finance and accounts officer Siddharth Dixit, clerk Sudhir Singh, Anupam Pandey, Anamika Shukla, manager of Bhaiya Chandrabhan Dutt Memorial School Digvijaynath Pandey, the principal of the school, and one unknown person.

 

About The Complaint

 

The complaint was made by Pradeep Kumar Pandey, who made a plea before the court that an organised syndicate is running within the Basic Education Department, committing fraud on job seekers by misusing their degrees to make fraudulent appointments. He accused the scam of causing embezzlement of crores of rupees.

 

As per the petition, Anamika Shukla had been reportedly getting a regular salary from 2017 onwards, but in 2020 she stated she was unemployed. Inquiries later showed that she had never been officially appointed, but payments were being made on her name.

 

Previously, Shukla had also filed a complaint with the Kotwali Nagar police against misuse of her documents, stating she was unemployed and hadn't been appointed anywhere.

 

Police informed that the case has been registered according to the court's order and was given to Sub-Inspector Shubham Dubey for the investigation. The action will be taken further based on evidence, they further added.

 

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