The Right of Children to Free and Compulsory Education Act (RTE), in effect since April 2010, was a much debated piece of legislation, which, not surprisingly, came under attack from various quarters. Proponents of ‘low-cost’ private schools felt that it imposed an unnecessary burden in terms of infrastructural norms on schools. Since 2010, Assessment Survey Evaluation Research (Aser) has reported compliance on many RTE norms, such as those related to school...
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More, better jobs in India, says World Bank report by Kalpana Kochhar
India's economic growth has added over seven million new jobs every year for almost a quarter of a century. Workers have seen their wages - adjusted for prices - rise by nearly 3% a year. Poverty rates among wage workers and the self-employed have fallen. Going forward, with swelling numbers of new entrants - and more women entering the job market , as was the case during east Asia's rapid...
More »Barely comprehensible
-Live Mint Private school enrolment in the 6-14 age group has gone up to 25.6% in 2011 from 18.7% in 2006 If one wants to understand the dismal state of school education in India, there is no better place to look than the pages of the Annual Status of Education Report 2011 (ASER). Forget the detailed statistics, just look at the maps displaying basic school education facts. They reinforce only one fact:...
More »RBI hopes FDI in muti-brand retail will ease inflation
The Reserve Bank of India on Friday expressed the hope that foreign direct investment in multi-brand retail would help in bringing down inflation. “...Certainly it (FDI in multi-brand retail) would help improve supply chain and we hope it should also contribute to reducing inflation,” Reserve Bank of India Governor D. Subbarao told reporters on the sidelines of a memorial lecture here. Dr. Subbarao said 51 per cent FDI in multi-brand retail would...
More »States in India: Governance holds key, size is only secondary by Subodh Varma
Are smaller states easier to govern and hence better for the people? The most recent reorganization took place in November 2000 when three mega states - Uttar Pradesh,Bihar and Madhya Pradesh - were sliced up to give birth to Uttarakhand, Jharkhand and Chhattisgarh, respectively. It is more than a decade since then. The new states are now well-established. But, how are they faring compared to the 'mother' states? Has the...
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