Tuesday, July 7, 2009

Budget Reaction-Mr.Rathish Babu, CEO, Access Atlantech Edutainment (I) Ltd.

> Mr.Rathish Babu - CEO, Access Atlantech Edutainment (I) Ltd., SAE
> COLLEGE
Rathish Babu, an engineer by qualification and is a successful
entrepreneur by choice. A marketing and Sales professional he has
worked with majors as HCL, HCL- HP . In this stint he handled the
southern region for HCL handling CAD CAM solutions and has worked on
projects with Naval Physical & Oceanography Lab, Kochi, VSSC,
Thiruvananthapuram, IIT, Chennai, DRDO, Cochin Shipyard and KSEB to
name a few.
He started SAE College in India through a technology transfer from
SAE, AUSTRALIA and has been running the college expanding into 5
campuses at Chennai (as HQ), Mumbai, Bangalore, Delhi and Dibrugarh in
Assam. The college holds significance as being the first private,
higher education provider for the Media and Entertainment industry in
the country. Technology subjects as diverse as Sound Engineering,
Digital Film Making, Animation & VFX, Games Design, Development and
Programming are offered.
The college has firsts to its credit as being the first UGC approved
University affiliated college (through its national affiliation with
Dibrugarh University (estd 1965, Assam), the only media college to
sign a PPP with the Assam Government to build and operate the centre
for media studies within the Dibrugarh University campus to cater to
the North East market, the exclusive provider of Media and
Entertainment education through a PPP with IGNOU to cover the complete
gamut of centres in India.
He has been selected as the Top 100 International Techno Sales
Managers by DEC, USA and also represents SAE college on the academic
board of Dibrugarh University, IGNOU and SAE International for Film
Studies.




BUDGET REACTION:
>
> The finance minister's speech and the first cut highlighting of the
> budget with relevance to students and education does throw up a huge
> opportunity for professional and vocational studies students alike.
> It will be right to remark that this is for the first time a budget
> has clearly outlined education loan aid for vocational studies
> giving it an even keel with professional studies and also a clear
> pointer to financial institutions that vocational streams are going
> to be an indicator of India's growth in the digital evolution market
> as also lifestyle and health.
>
> Though we had expected the honorable minister to recognize
> independent filmmakers as entities, which are bankable for loans, it
> has unfortunately been missed out thereby keeping the content story
> out. . However a move to cater to tax exemption for interest on
> higher education loans will be an ice-breaker for parents as well as
> banks. This has really given higher education a big break and we are
> sure the next budget will include independent film makers to be a
> considered entity.
>
> The other great opportunity  for higher education as a whole is to
> have access to funding which inturn helps the education sector with
> better cash flows.
>
> Entertainment industry had much more expectation from the budget and
> one major entity missed out was internet penetration and access for
> rural india to this medium at cheaper costs. While sops to
> electronic n hardware sector to provide wares at pay to use basis
> would have been a great boon to the industry.  Am sure if the
> ministry can enable this be done through  micro financed route the
> dynamics of projections given by pundits will go into oblivion and
> will be a sought after property by the honorable minister for the
> next budget.

No comments:

Post a Comment