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Parliament proceedings: Severe fund crunch likely to delay free breakfast scheme -Priscilla Jebaraj

-The Hindu Parliamentary panel pushes for it in all government schools in coming academic year The Parliamentary Standing Committee on Education has recommended that all government schools start providing free breakfast in the coming academic year, as part of an expansion of the mid-day meal scheme envisaged by the National Education Policy. However, Education Ministry officials say a severe funding crunch is likely to delay the initiative. Free breakfasts would involve an additional...

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1,200 faculty in rural engineering colleges will lose jobs by month-end -Priscilla Jebaraj

-The Hindu “What is government talking about NEP when it cannot sustain gains of an existing project?” A World Bank funded project to take graduates from elite institutions to rural and remote engineering colleges in poorer States is coming to an end in March, leaving more than 1,200 assistant professors out of a job and some rural colleges bereft of half their faculty. The Centre is preparing its own MERITE project with...

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Fiscal transparency jacks up ‘expenditure’ numbers in the Union Budget 2021-22

In order to understand why the Union Budget 2021-22 is being termed as ‘transparent’, it has to be read simultaneously with the 15th Finance Commission Main Report for 2021-26. But first, let us discuss 'fertilizer subsidy'. The budget documents for Union Budget 2021-22 show that the spending on ‘fertilizer subsidy’ was slashed from Rs. 1,33,947 crore in 2020-21 (revised estimate) to Rs. 79,530 crore in 2021-22 (budget estimate). However, the budgetary...

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Climate change needs to be addressed or else be ready to pay the price

A recent report by Christian Aid -- an international NGO based out of London -- says that the world was not just hit by the COVID-19 pandemic in 2020, it actually faced massive loss of lives and livelihoods owing to the intensification of the ongoing climate crisis. Climate-related disasters varied from fires in Australia and the United States, floods in China, India and Japan to storms in Europe and the...

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CAIT to PM Modi: E-commerce firms monopolising market by violating FDI policy; poor action hurting MSMEs -Sandeep Soni

-Financial Express Big e-commerce companies having deep pockets are leaving no stone unturned in monopolizing the e-commerce business and retail trade of India with their malpractices and violating FDI policy, traders’ body Confederation of All India Traders (CAIT) said in a letter to Prime Minister Narendra Modi on Sunday. CAIT, which has been campaigning against Amazon and Flipkart for years now alleging unethical business practices by them, said that the absence...

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