DOCSLIB.ORG

Vellore Institute of Technology: Ratings Reaffirmed at [ICRA]AA-; Outlook Revised to Positive from Stable

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Vellore Institute of Technology: Ratings Reaffirmed at [ICRA]AA-; Outlook Revised to Positive from Stable December 01, 2020 Vellore Institute of Technology: Ratings reaffirmed at [ICRA]AA-; outlook revised to Positive from Stable Summary of rating action Previous Rated Current Rated Instrument* Amount Amount Rating Action (Rs. crore) (Rs. crore) Fund Based -Term loan facilities 124.75 - - [ICRA]AA- reaffirmed; outlook Long term – Proposed facilities 195.25 200.00 revised to Positive from Stable Total 320.00 200.00 *Instrument details are provided in Annexure-1 Rationale The revision in outlook to Positive on the long-term rating reflects the expectation of Vellore Institute of Technology’s (VIT) continued strong financial performance, despite the impact of the pandemic. The Trust reported healthy performance in FY2020 with revenue growth and improvement in operating margin, supported by steady growth in student strength by 9.6% (aided by a 6.9% and 19.4% growth in Vellore and Chennai campuses, respectively). While student growth in FY2021 (YTD) has been muted, fee collections (barring hotel fees) and placements have been strong. The Trust continues to maintain negligible debt, with strong liquidity marked by large cash balances of Rs. 512.1 crore as on March 31, 2020 and Rs. 665.9 crore as on August 26, 2020. The stabilising operations of the group Trusts—VIT Trust, Bhopal (Madhya Pradesh; VITB) and VIT Trust, Amaravati (Andhra Pradesh)—have led to a reduction in donation payouts to them, which has aided in earnings improvement. The ratings favourably factor in the established brand equity of VIT of over three decades, experience of the promoter group, and the institute’s strong academic and placement track record. The university attracts students across geographies (India and overseas), which reflects favourably on the strong demand potential of its courses as well as its reputation indicated by a low student enrolment ratio (students admitted viz-a-viz number of registrations for the VITEEE). The recognition of VIT as an Institution of Eminence (IoE) by the Government of India (GoI) gives it autonomy to take independent quality initiatives and is likely to further enhance its world ranking. The rating is, however, constrained by the high reliance of the university’s revenues on engineering courses, which accounted for around 77% of the revenues for the AY2019–AY2020. The outlook for engineering courses in India is currently muted with several colleges closing/running the course at low occupancies. Further, the significant competition in higher education could add pressure in attracting and retaining faculty as well as talented students in the long term. However, VIT’s reputation and established presence has supported strong offtake of its engineering courses. The Trust has sufficient teaching staff, with an average of one faculty for every 18 students. 1 Further, more than 65% of the faculties hold doctorate degrees, reflecting the quality of education imparted by the Trust. The education sector is highly regulated in India, which exposes the university to significant regulatory risks associated with the stringent compliance requirements. The risks, however, are partly mitigated by the deemed university status of VIT. The ratings also note the university’s need to incur capital expenditure (capex) to maintain its own infrastructural facilities and capex-funding of Group trusts through donations. Nonetheless, ICRA notes that the university’s internal cash accruals will be able to support the expected scale of capex over the next two to three years and the dependence on external borrowings will remain minimal. Further, ICRA expects the donations over the next three years to remain rangebound between Rs. 110 crore and Rs. 130 crore per annum; this remains a key rating monitorable. Key rating drivers and their description Credit strengths Established presence of university for more than three decades; flexible curriculum and international accreditation aid in healthy enrolments – Founded in 1984, VIT is one of the well-established education institutions offering higher education in India. VIT is accredited by Accreditation Board for Engineering and Technology (ABET), USA, and “A” by National Assessment and Accreditation Council (NAAC). Some of its subjects are rated among the top eight by The World University Ranking by Subject, 2020 and it is the only private institution in India in the Shanghai World University Ranking (ARWU), 2020. Moreover, the recognition of VIT as an IoE by the GoI gives it autonomy to take independent quality initiatives and is likely to further enhance its world ranking. VIT offers flexible curriculum to students with a choice of any interdisciplinary course from other engineering schools, resulting in healthy enrolment across the wide range of courses offered. Strong geographic diversity of students and healthy placement track record reflect favourably on university’s reputation – The university attracts students across geographies (India and overseas), which reflects favourably on the strong demand potential for its courses as well as its reputation. The university has a placement track record of over 80% with 4,867 students placed in AY2019–AY2020, of which 892 students are recruited on internship programmes. A total of 713 companies visited VIT in AY2019–AY2020 for placements, with Information Technology (IT) companies dominating the recruitments. Strong financial profile – VIT’s financial profile is strong with stable growth in earnings and cash flows. Its revenues grew 16.4% to Rs. 1,010.9 crore (as per provisional financials) during FY2020, supported by 9.6% growth in student strength. The revenue growth also aided in margin expansion to 44.8% in FY2020 from 42.2% in FY2019. The Trust has a debt outstanding of Rs. 5.5 crore as on March 31, 2020 (provisional) as against cash and liquid investments of Rs. 512.1 crore as on March 31, 2020. VIT has extended a letter of comfort (LOC) to support the capital expenditure of a sister Trust—VIT Trust, Bhopal (VITB) —which is currently constructing a state private university. VITB has a debt outstanding of Rs. 151.3 crore as on March 31, 2020 (provisional). Further draw down of debt in VITB is expected to support the construction of the 2 newly established university in Madhya Pradesh. With nil debt-funded capex plans, moderation in donations and strong cash balances, the liquidity position is expected to remain comfortable going forward. Credit challenges Course-concentration risk – There is high course-concentration risk with the engineering stream contributing to 77% of the intake. However, VIT offers diversified courses within the engineering streams, which is evident from the fact that none of the streams (schools) have more than 23% of total number of students admitted in AY2019— AY2020. That said, VIT’s continued efforts have resulted in non-engineering streams to account for 14% and research programmes to account for 9% of the total student intake in in AY2019—AY2020. The B.Tech courses offered by VIT is accredited by ABET, an international accreditation agency based out of the US and the same helps in attracting foreign students and facilitates in improving student diversity. Intense competition puts pressure on attracting and retaining talented students and faculty – VIT faces intense competition from other reputed public institutes (like Indian Institute of Technology, National Institute of Technology, etc.) and private institutes (like Manipal Academy of Higher Education (MAHE); Birla Institute of Technology and Science (BITS) Pilani; and SRM University) in India and the same puts pressure on attracting and retaining talented students and faculty. Nonetheless, supported by its established brand, the university attracts students across geographies (India and overseas), which reflects favourably on the strong demand potential for its courses as well as its reputation characterised by a low student enrolment ratio (students admitted vis-a-vis number of registrations for the VITEEE) of less than 3%. Large donation payouts to Group Trusts to fund capex requirements may lead to earnings deterioration – To increase its geographic reach, the university set up two new campuses (VITB and VIT AP) under new Trusts to comply with the statutory requirement. The capital needs for expansion for these campuses are partly met through the donations from VIT. The university will continue to support the two new campuses over the next few years in the form of donations. This apart, it donates to Rajeswari Educational and Charitable Trust, and Vellore Education and Charitable Trust, which are in the process of setting up international schools in Vellore and other cities. In the case of VITB, VIT has provided a LOC confirming it will meet the debt obligations of VITB in case the latter is not able to meet the same. ICRA expects that the donations over the next three years will remain rangebound between Rs. 110 crore and Rs.130 crore and any cash outflows beyond the stated amount shall remain a key rating monitorable. Liquidity position: Strong VIT has a strong liquidity profile with sizable cash balances of Rs. 512.1 crore as on March 31, 2020 (provisional) and Rs. 665.9 crore as on August 25, 2020. The Trust has Rs. 200.0-crore fund-based working capital limit, where the average utilisation was 0.2% of sanctioned limits for 12-months that ended in June 2020. Going forward, with capital spend is expected to be funded through internal accruals and the liquidity position of the Trust is expected to remain healthy. There are nil repayment obligations in the absence of any long-term debt. Under the LOC extended to VITB, Rs. 151.3 crore of debt is outstanding with repayment obligations of Rs. 4.0 crore, Rs. 9.2 crore and Rs. 14.0 crore in FY2021, FY2022 and FY2023, respectively. VIT is expected to support its sister Trusts with donations of ~Rs. 110—130 crore per annum. 3 Rating sensitivities Positive triggers – The ratings may be upgraded if the Trust’s scale of operations and accruals continue to grow at a healthy rate while it achieves diversification in revenues through expansion of programmes.
Load more

Recommended publications
  • Vellore Smart City Proposal
    Vellore Smart City Proposal INDIA SMART CITY MISSION INDIA SMART CITY MISSION MISSION TRANSFORM-NATION THE SMART CITY CHALLENGE STAGE 2 SMART CITY PROPOSAL SMART CITY CODE: CONTENTS QUESTION NO. PAGE NO. A. CITY PROFILE 1-8 7-22 B. AREA-BAS ED P ROPOS AL 9-18 23-44 C. PAN-CITY PROP OSAL(S) 19-30 45-61 D. IMPLEMENTATION PLAN 31-36 62-75 E. FINANCIAL PLAN 37-43 76-86 ANNEXURES (1-4) Page 1 of 92 INDIA SMART CITY MISSION CHECKLIST All fields in the SCP format document have to be filled. The chart below will assist you in verifying that all questions have been answered and all fields have been filled. Q. No TICK PART A: CITY P ROFILE 1. QUALITY OF LIFE 2. ADMINISTRATIVE EFFICIENCY 3. SWOT 4. STRATEGIC FOCUS AND BLUEPRINT 5. CITY VIS ION AND GOALS 6. CITIZE N ENGA GEMENT 7. SELF-ASSESSMENT: BASELINE 8. SEL F-ASSESSMENT: ASPIRATIONS & IMPERATIVES PART B: AREA BASED PROPOSAL 9. SUMMARY 10. APPROACH & METHODOLOGY 11. KEY COMPONENTS 12. SMART URBA N FORM 13. CONVERGE NCE AGENDA Table 1 14. CONVERGENCE IMPLEMENTATION 15. RISKS Table 2 16. ESSENT IAL FEATURES ACHIEVEMENT PLAN 17. SUCCESS FACTORS 18. MEASURABLE IMPACT PART C: PAN-CITY PROP OSAL(S) 19. SUMMARY 20. COMPONE NTS 21. APPROACH & METHODOLOGY Page 2 of 92 INDIA SMART CITY MISSION 22. DEMAND ASSESSMENT 23. INCLUS ION 24. RISK M ITIGATION Ta b l e 3 25. FRUGAL INNOVATION 26. CONVERGE NCE AGENDA Table 4 27. CONVERGENCE IMPLEMENTATION 28. SUCCESS FACTORS 29. BENEFITS DELIVERED 30.
    [Show full text]
  • Tnea 2021 – 2022
    TNEA 2021 – 2022 ZONE – 1 : CHENNAI Zonal Coordinator: Prof. R. Kanagaraj, Principal, Government Polytechnic College, Purasawalkam, Chennai – 600 012. Name of Coordinator & Name of Co-Coordinator Control Room Sl. No. District Name of TFC Cell No. & Cell No. Phone No. TFC – 1: Central Polytechnic College, Dr.E.M.Srinivasan Mr.D.Muralidharan 044- 1 1 Chennai CIT Campus, Taramani, 22542661 Chennai – 600113. 9443399394 9840601752 (Integrated Workshop Room No.1) TFC – 2: Central Polytechnic College, Dr.E.M.Srinivasan Mr.D.Muralidharan 044- 2 2 Chennai CIT Campus, Taramani, 22542661 Chennai – 600113. 9443399394 9840601752 (Integrated Workshop Room No.2) TFC – 4: 044- Central Polytechnic College, Prof.S.Jeyabharathi Prof.K.Kavitha 22541665 3 3 Chennai CIT Campus, Taramani, Chennai – 600113. 8946032501 9488026813 9445360658 (Auditorium) TFC – 5: Prof.S.Arulselvan Prof. J. Rama Government Polytechnic College, 4 4 Chennai 9445560159 RK Nagar, Tondiarpet, 7010024586 9444748513 Chennai - 600 081. 9488471795 TFC – 6: Prof. R. Kanagaraj Prof.E.Pushpaveni Government Polytechnic College, 044- 5 5 Chennai Purasawalkam, 26440844 6382568230 9551270814 Chennai – 600012. TFC – 7: IRT Polytechnic College, Prof.S.SenthilKumaran Prof. S.Thangavelu 6 6 Chengalpattu Bharathamadha Street, 9498376073 Bharathipuram, Chrompet, 9444109787 9442825230 Chennai – 600044. TFC – 8: PachaiyappasWomens College, Dr.SrimathyRamalingam Prof.S.S.Vijayakumar 7 7 Kanchipuram RamasamyKulam, 9842811265 Chinnakanchipuram, 9842811265 9884342030 Kanchipuram – 631501. TNEA 2021 – 2022 ZONE – 2 :VELLORE Zonal Coordinator: Dr.M.Arularasu, Principal, ThanthaiPeriyar Government Institute of Technology, Bagayam, Vellore – 632 002. Name of Co- Name of Coordinator & Control Room Sl. No. District Name of TFC Coordinator & Cell Cell No. Phone No. No. TFC – 9: K.S. Sekar S. Thirumalai Murugappa Polytechnic College, 8 1 Thiruvallur 9360253306 Avadi, 9884697211 9884839859 Chennai – 600062.
    [Show full text]
  • TIRUVANNAMALAI DISTRICT (Based on Tiruvannamalai Diagnostic Study)
    Government of Tamilnadu Dept of Rural Development & Panchayat Raj Tamilnadu Rural Transformation Project (TNRTP) District Diagnostic Report (DDR) TIRUVANNAMALAI DISTRICT (Based on Tiruvannamalai Diagnostic Study) Government of Tamilnadu Dept of Rural Development & Panchayat Raj Tamilnadu Rural Transformation Project (TNRTP) District Diagnostic Report (DDR) THIRUVANNAMALAI DISTRICT (Based on Tiruvannamalai Diagnostic Study) FOREWORD Thiru.K.S. Kandasamy, I.A.S., District Collector, Tiruvannamalai. TNRTP aims to promote rural enterprise development - including rural enterprise promotion, enterprise development, facilitating access to the business development services, access to finance and strengthening the value chain development of the identified commodities, thereby promoting market led economic empowerment of the rural communities and women. It will target households that are organized into community institutional platforms; and will promote “group enterprises” such as - Producer groups and Producer Collectives, and “individual enterprises” - Nano, Micro & Small Enterprises (NMSE). I appreciate the cooperation of the department officials in bringing the all data for this Distrct Diagnostic Study in systematic manner to understand the resources in better way in the Tiruvannamalai District. Best Wishes Date : District Collector Place : Tiruvannamalai Tiruvannamalai District PREFACE Tmt.S. Rajathi, MBA, MSW., District Executive Officer, Tiruvannamalai. As part of the Tamil Nadu Rural Transformation Project, fact findings is one of the foremost important activity, In order District Diagnostic Study(DDS) is the most vital part of a project to identify the opportunities in Rural sector towards Sustainable development and TNRTP aims to support rural enterprises like Farm, Non-farm & Service sectors, Including empowerment of women 65%, Tribal and Differently abled persons. Based on this DDS report prioritized commodities evaluated through Value chain analysis and it is a strategy tool used to analyze internal firm activities.
    [Show full text]
  • Lions Clubs International Club Membership Register
    LIONS CLUBS INTERNATIONAL CLUB MEMBERSHIP REGISTER SUMMARY THE CLUBS AND MEMBERSHIP FIGURES REFLECT CHANGES AS OF MARCH 2019 MEMBERSHI P CHANGES CLUB CLUB LAST MMR FCL YR TOTAL IDENT CLUB NAME DIST NBR COUNTRY STATUS RPT DATE OB NEW RENST TRANS DROPS NETCG MEMBERS 5052 026406 AMBUR INDIA 324A4 4 03-2019 100 7 0 0 -7 0 100 5052 026411 ARNI INDIA 324A4 4 03-2019 107 1 0 0 0 1 108 5052 026414 CHINGLEPUT INDIA 324A4 4 03-2019 25 0 0 0 -2 -2 23 5052 026421 KANCHEEPURAM HOST INDIA 324A4 4 03-2019 156 7 0 0 -1 6 162 5052 026455 THIRUVANNAMALAI INDIA 324A4 4 03-2019 63 3 0 0 0 3 66 5052 026462 VANDAVASI INDIA 324A4 4 03-2019 37 2 0 0 0 2 39 5052 026463 VELLORE INDIA 324A4 4 03-2019 109 14 0 0 -9 5 114 5052 030633 TIRUPATTUR INDIA 324A4 4 03-2019 98 3 2 0 -21 -16 82 5052 034258 TIRUVELLORE INDIA 324A4 4 03-2019 21 0 0 0 0 0 21 5052 035878 RANIPET INDIA 324A4 4 03-2019 35 3 0 0 -2 1 36 5052 044591 POLUR INDIA 324A4 4 03-2019 49 1 0 0 0 1 50 5052 044680 VANIYAMBADI INDIA 324A4 4 03-2019 40 3 0 0 -1 2 42 5052 048695 KANCHEEPURAM TEMPLE CITY INDIA 324A4 4 03-2019 47 0 0 0 0 0 47 5052 049563 KANCHEEPURAM SILK CITY INDIA 324A4 4 03-2019 45 0 0 0 0 0 45 5052 050562 CHENGALPATTU FORT CHENGAI ANNA INDIA 324A4 4 03-2019 47 1 0 0 -3 -2 45 5052 050729 KANCHIPURAM PALLAVAN CITY INDIA 324A4 4 03-2019 85 2 0 0 -7 -5 80 5052 053715 KANCHEEPURAM ANCIENT CITY INDIA 324A4 4 03-2019 57 1 0 0 -8 -7 50 5052 056563 ARNI SILK CITY INDIA 324A4 4 03-2019 68 4 1 0 0 5 73 5052 056791 TIRUVANNAMALAI DEEPAM INDIA 324A4 4 03-2019 57 0 0 0 0 0 57 5052 058296 KANCHIPURAM HELEN
    [Show full text]
  • Plankton Diversity and Water Quality Assessment of Two Lakes in Vellore District (Tamil Nadu, India) with Special Reference to Planktonic Indicators
    International Journal of Advanced Technology in Engineering and Science www.ijates.com Volume No.02, Issue No. 09, September 2014 ISSN (online): 2348 – 7550 PLANKTON DIVERSITY AND WATER QUALITY ASSESSMENT OF TWO LAKES IN VELLORE DISTRICT (TAMIL NADU, INDIA) WITH SPECIAL REFERENCE TO PLANKTONIC INDICATORS Shivani Shirke1, Snehal Phand2, Kruthika D L3, Sesha Sai4, Ch. Venkatesh Reddy5, M. Chaithanya Sudha6 1,2,3,4,5M.Tech Energy and Environmental Engineering, Environment Division, School of Mechanical and Building Sciences, VIT University, Vellore (India) 6Assistant Professor, Environment Division, School of Mechanical and Building Sciences, VIT University, Vellore (India) ABSTRACT The present study focuses on the limn biotic condition of two lakes of Vellore district using the physicochemical and biological parameters, with due consideration to the planktonic species. The study was carried out during the monsoon season for a period of five months from July to November 2013. The pollution levels of the lakes were determined with the help of Palmer’s indices and were further supported by physicochemical parameters. The plankton assessment (qualitative) was associated with the physicochemical parameters like pH, COD, BOD, TDS, EC, alkalinity, TH, turbidity, calcium, magnesium, chlorides, DO, phosphates, nitrates and nitrites. The Arakkonam Lake has low levels of dissolved oxygen (3.55 mg/L) and higher fluctuations of alkalinity (218.18 mg/L), total hardness (300.91 ppm) and phosphates (7.264 mg/L) and showed a palmer pollution index value of 26, which may be mainly due to the increased population growth in the surroundings and resulting rise in the quantities of sewage disposal. Kavanoor Lake showed high levels of dissolved oxygen (3.59 mg/L) and lower alkalinity (117.14 mg/L), total hardness (186.43 ppm) and phosphates (6.623 mg/L) when compared with Arakkonam Lake.
    [Show full text]
  • Students Counselor Master Training for Teachers of Chennai Schools
    STUDENTS COUNSELOR MASTER TRAINING FOR TEACHERS OF CHENNAI SCHOOLS Greater Chennai Corporation, Education Department in Collaboration with CMC, Vellore, organised a training and orientation programme for the teachers working in the Chennai Schools at Amma Auditorium, Ripon building. It was a two day Workshop conducted on 02.04.2018 & 03.04.2018 with 300 teachers as participants. Commissioner, Greater Chennai Corporation inaugurated the Workshop & instructed the Teachers to address the psychological needs of the students studying in Chennai schools. The children, for those who come from less educated and aware backgrounds or broken homes, schools are the place of growth for students. Hence, Commissioner instructed the Teachers to attend the Workshop and put this knowledge base gained for the welfare of the students. The Chief guest, Th. Vallalar I.A.S. (Director of Minorities Welfare Department) addressed the gathering. He insisted that the teachers who attended the Workshop as teacher counsellor. Counselling skills are a tool for change. It is essential that professionals like teachers willing to help children are trained professionally so that they have necessary skills that equip them, to bring positive changes with regard to mental health & wellness in the children community. D.C. (Education) Mrs. Mageswari Ravikumar, IAS., addressed the gathering, stressing the importance of the training. She emphasised that early intervention is very much essential when it comes to any illness, psychological, behaviour or any common health disorders. At this juncture school-based interventions, by teachers, will definitely serve as a ubiquitous tool that promotes positive mental health. She introduced the dignitaries. Dr. Satya Raj who is a Consultant in the Child and Adolescent Psychiatry Unit, as well as the Faculty for Children with Intellectual Disabilities, Christian Medical College, Vellore Dr.Shinika is currently pursuing her post doctoral fellowship in child psychiatry at the prestigious CMC, Vellore.
    [Show full text]
  • Tamil Nadu Government Gazette Extraordinary 231
    TAMIL NADU GOVERNMENT GAZETTE EXtraordinary 231 Under Rule 130 of the Tamil Nadu Legislative Assembly Rules, the following Bill which was introduced in the Legislative Assembly of the State of Tamil Nadu on 19th July, 2019 is published together with Statement of Objects and Reasons for general information:— L.A. Bill No. 29 of 2019 A Bill further to amend the laws relating to the Municipal Corporations and Municipalities in the State of Tamil Nadu. Be it enacted by the Legislative Assembly of the State of Tamil Nadu in the Seventieth Year of the Republic of India as follows:— PART – I. PRELIMINARY. 1. (1) This Act may be called the Tamil Nadu Municipal Laws (Third Amendment) Short title and Act, 2019. commence- ment. (2) It shall be deemed to have come into force on the 22nd day of June 2019. PART – II. AMENDMENT TO THE CHENNAI CITY MUNICIPAL CORPORATION ACT, 1919. Tamil Nadu Act 2. In section 414-B of the Chennai City Municipal Corporation Act, 1919, for the Amendment IV of 1919. expression “upto the 30th day of June 2019”, the expression “upto the 31st day of December of section 2019” shall be substituted. 414-B. PART – III. AMENDMENT TO THE TAMIL NADU DISTRICT MUNICIPALITIES ACT, 1920. Tamil Nadu Act 3. In section 375-B of the Tamil Nadu District Municipalities Act, 1920, for the expression Amendment V of 1920. “upto the 30th day of June 2019”, the expression “upto the 31st day of December 2019” of section shall be substituted. 375-B. PART – IV. AMENDMENT TO THE MADURAI CITY MUNICIPAL CORPORATION ACT, 1971.
    [Show full text]
  • Protective Effect of COVID-19 Vaccine Among Health Care Workers During the Second Wave of the Pandemic in India
    Mayo Clinic Proceedings Letter to the Editor Protective Effect of COVID-19 Vaccine Among Health Care Workers During the Second Wave of the Pandemic in India AUTHORS: Peter John Victor, MD, DNB, MAMS, FRACP, FJFICM, FCICM, FICCM, FRCP (Edin), M. Phil Professor, Intensive Care Medicine, Director Christian Medical College Vellore ORCID: 0000-0002-3423-1830 K Prasad Mathews, MD, FRACP Professor, Geriatric Medicine, Medical Superintendent & Chairperson, Hospital Infection Control Committee Christian Medical College Vellore Hema Paul, MD Associate Physician, Department of Microbiology, Member, Hospital Infection Control Committee Christian Medical College Vellore ORCID: Malathi Murugesan, MD Senior Resident, Department of Microbiology, Member Hospital Infection Control Committee Christian Medical College Vellore ORCID: 0000-0003-1250-7557 Joy J Mammen, MD Professor, Department of Transfusion Medicine, Associate Director, Christian Medical College Vellore ORCID: 0000-0002-7349-5660 DISCLOSURES: There is no conflictUncorrected of interest or financial Journal disclosure Pre-Prooffor all the authors listed in this submission CORRESPONDING AUTHOR: Joy J Mammen MD Professor, Department of Transfusion Medicine Christian Medical College Vellore [email protected] +91 416 229 2536 © 2021 Mayo Foundation for Medical Education and Research. Mayo Clin Proc. 2021;96(x):xx-xx. Mayo Clinic Proceedings Letter to the Editor To the Editor: Vaccination has played a major role in eradicating communicable diseases.1 Since healthcare workers, (HCWs) serve in the forefront during pandemics, they are particularly vulnerable. Thus, in the COVID-19 pandemic, it was imperative to vaccinate frontline workers as quickly as possible and ascertain the extent of protection offered by vaccination. Christian Medical College, Vellore, a 2600-bed tertiary care hospital in India with 10600 employees, vaccinated 8991 staff (84.8%) between 21st January 2021 and 30th April 2021.
    [Show full text]
  • Arcot Is a Town and Urban Area of Ranipet District in the State of Tamil Nadu , India
    Arcot is a town and urban area of Ranipet district in the state of Tamil Nadu , India. Located on the southern banks of Palar River , the city straddles a trade route between Chennai and Bangalore or Salem , between the Mysore Ghat and the Javadi Hills (Javvadhu malai). As of 2011, the city had a population 55,955. The sweet makkan peda is a local speciality while Arcot biryani , a rice-based traditional food, is also served here. Arcot Mudaliars and Muslims are the dominant communities followed by Naidus and Vanniyars in Arcot town. Etymology Its name is commonly believed to have been derived from the Tamil words aaru (River) + kaadu (forest). However, arkaadu meant 'a forest of fig trees'. Jainism was flourishing in this part of Tamil Land who were otherwise known as Arugar most probably corrupted form of Arhants or the perfected souls. The word Arugar is found in many ancient literary works and places dominant with Arugars were related to them viz Arakonam, Arumbakkam, Aruvur, etc. Not far away from present day Arcot (Anglicized form of Aarkaadu) there is a place called Arungundram. Hence Arcot or Aarkaadu would have derived its name from Arugarkaadu. History The town's strategic location has led to it being repeatedly contested and prompted the construction of a formidable fortress. The Nawabdom of the Carnatic was established by the Mughal Emperor Aurangzeb , who in 1692 appointed Zulfiqar Ali Khan as the first Nawab of the Carnatic . In 1740, the Maratha forces came down upon Arcot. They attacked the Nawab, Dost Ali in the pass of Damalcherry.
    [Show full text]
  • Tamil Nadu Combined Development and Building Rules, 2019
    Tamil Nadu Combined Development and Building Rules, 2019 February 2019 Tamil Nadu Combined Development and Building Rules, 2019 February 2019 CONTENTS Rule Page Description No. No. G.O.(Ms) No.18, Municipal Administration And Water Supply (MA.I) i department dated 04.02.2019 PART I - Preliminary 1. Short title, extent and commencement 2 2. Definitions 2 3. Applicability of this rule 13 4. Written permission for development 14 5. Competent Authority 14 PART II - Manner of Obtaining Permission 6. Application for Planning Permission & Building Permit 15 7. Scrutiny fees 16 8. Plan Requirements 17 9. Inspection 22 10. Sanction 23 11. Limitations of permission 24 12. Demolition of buildings 25 13. Cancellation of permit 25 14. Renewal of permit 25 PART III - Conformity of Developments 15. Development to be in conformity with these Regulations 26 16. Designation of use in Master Plan or Detailed Development Plan 26 17. Correlation of land use zones in Master Plan, Detailed Development Plan 28 and Development Regulations 18. Proposed width of roads 29 19. Development prohibited/restricted areas 29 PART IV - Completion Certificate 20. Application for Completion Certificate 30 21. Illegal occupation of building 31 22. Illegal developments 32 PART V - Registration of Professionals 23. Registration of Architects (RA), Engineers (RE), Structural Engineers (SE), 33 Construction Engineers (CE), Quality Auditors (QA), Town Planners (TP) and Developers (D), and their Duties and Responsibilities 24. Appointment of Professionals 35 25. Change of Owner/Developer/Professionals 35 26. Applicability of other rules 36 PART VI - Development Regulations 27. Requirement for site approval 37 28. Structures in setback spaces 37 29.
    [Show full text]
  • TIRUVANNAMALAI DISTRICT Tiruvannamalai District (Also Known As Thiruvannaamalai) Is One of the 32 Districts in the State of Tamil Nadu, in South India
    TIRUVANNAMALAI DISTRICT Tiruvannamalai District (also known as Thiruvannaamalai) is one of the 32 districts in the state of Tamil Nadu, in South India. It was formed in the year 1989 from non-existing North Arcot District as Tiruvannamalai Sambuvarayar and Vellore Ambedkar. Tiruvannamalai town is the district headquarters. The district is divided into 12 Taluks - Chengam, Tiruvannamalai, Polur, Thandarampattu, Aarani, Vandavasi, kalasapakkam, chetpet , Cheyyar and vembakkam . The District lies between 12º 00'00’’to 12º 52’30’Northlatitude and East Longitude 78º 39’30’’ to 79º 45’36’’. The total geographical extent of the area is 6190 Sq.Km. There are 18 Blocks, 860 Villages and 4755 Habitations in the District. Krishnagiri District, Bangalore Vellore District, Chittor District, Chennai District District, Karnataka Andhra Pradesh Dharmapuri District TIRUVANNAMALAI Kanchipuram District DISTRICT Salem District Viluppuram District Cuddalore District Google Map of Tiruvannamlai District District Map of Tiruvannamlai DEMOGRAPHICS According to 2011 census, Tiruvannamalai District had a population of 2,464,875 with a sex-ratio of 994 females for every 1,000 males, much above the national average of 929. A total of 272,569 were under the age of six, constituting 141,205 males and 131,364 females. Tiruvannamalai District has an area of 6,191 km2. It is bounded on the north by Vellore District, on the east by Kanchipuram District, on the south by Villupuram District, and on the west by Dharmapuri and Krishnagiri districts. Tiruvannamalai District
    [Show full text]
  • District Survey Report Sand Vellore District Tamilnadu
    VELLORE DISTRICT TAMILNADU DISTRICT SURVEY REPORT SAND As per notification No. S.O. 3611 (E) New Delhi, The 25th July 2018 of Ministry of Environment, Forest and Climate Change, Govt. of India INDEX DISTRICT SURVEY REPORT-VELLORE S.No. Particulars Page no 1. Preface 3 2. Introduction 4 3. Overview of mining activities in the district 4 4. List of mining leases in the district 5 5. Details of royalty or revenue received in vellore district 11-12 Quarry wise sand revenue details of Vellore district for the year 2015- 2016 Quarry wise sand revenue details of Vellore district for the year 2016- 13-16 2017 Quarry wise sand revenue details of Vellore district for the year 2017- 16-17 2018 Quarry wise sand revenue details of Vellore district for the year 2018- 17-19 2019 Quarry wise sand sale details of Vellore district for the year 2015-2016 19-22 Quarry wise sand sale details of Vellore district for the year 2016-2017 22-25 Quarry wise sand sale details of Vellore district for the year 2017-2018 25-26 Quarry wise sand sale details of Vellore district for the year 2018-2019 27-28 6. Process of deposition of sediments in the rivers of the district 28 6.a. Location Map of Irrigation structures 29 6.b. Palar in Tamilnadu 30 6.c. Palar River Line diagram 31 6.d. Palar river basin 32 6.e. Reservoirs along palar river basin 36 Page | 1 6.f .Shoaling in River bed 38 6.g. Reduction of River carrying capacity by shoal formation 38 6.h.
    [Show full text]