Bit­coin rev­o­lu­tion catches In­di­ans’ fancy, more than a mil­lion on board Stu­dents fail­ing in Class 9 can ap­pear for re-ex­ams in June

Hindustan Times ST (Mumbai) - HT Navi Mumbai Live - - NAVI - Rachel Lopez rachel.lopez@hin­dus­tan­ Puja Ped­nekar puja.ped­nekar@hin­dus­tan­

It looks like those lines of code from The Ma­trix. But each is worth more than Rs 40,000 to­day, with the price set to rise fur­ther. And av­er­age In­di­ans are fi­nally join­ing the bit­coin party in droves.

There are now more than 1 mil­lion bit­coin en­thu­si­asts in the coun­try, in­clud­ing an un­der­taker in Mum­bai, a house­wife in Delhi, a bro­ker in Jaipur, a busi­ness­man in Ahmed­abad and tech geeks in Ban­ga­lore.

They are proof of just how easy it has be­come to use the dig­i­tal cur­rency, and even to help cre­ate it. It’s a process called min­ing, by the way, and don’t fret, we didn’t get it at first ei­ther but we’ve ex­plained it all.

schools in Ma­ha­rash­tra must hold re-ex­ams in June for stu­dents fail­ing in Class 9, begin­ning next aca­demic year 2017-18. The govern­ment has made it manda­tory for state, non-state and even in­ter­na­tional schools in the state to con­duct these ex­ams, which are along the lines of the sup­ple­men­tary ex­ams held for SSC and HSC stu­dents. Those pass­ing the re-ex­ams will be pro­moted to Class 10, thus help­ing stu­dents save a year.

The ed­u­ca­tion depart­ment also plans to hold base­line tests for Class 9 and Class 10 stu­dents in the com­ing months, to as­sess their skills in maths and English.

The mea­sures are part of a new ini­tia­tive to im­prove the qual­ity of sec­ondary ed­u­ca­tion and lower the drop-out rate in Classes 9 and 10. Chief min­is­ter Deven­dra Fad­navis has iden­ti­fied it as a key re­sult area, to be ac­com­plished in the next two years.

Ac­cord­ing to the Uni­fied Dis­trict In­for­ma­tion Sys­tem of Ed­u­ca­tion (U-DISE) re­port, 2.45 lakh stu­dents failed in Class 9 in 2014-15 and 2.59 lakh in 2013-14.

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