It was Jawaharlal Nehru who said that ignorance is always afraid of change. In the light of this, there is no doubt that the Right to Education (RTE) Act is a courageous piece of legislation. But the 25% reservation clause for poor students in unaided private schools in the Act could end up facing serious operational problems. According to the law, the State will pay the private schools that admit...
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The right to work-Ruhi Tewari
Difficult times call for difficult measures. Pushed into a corner by an unsustainable fiscal deficit and various sectors and programs (including the proposed food security legislation) screaming for a greater share of the budget pie, the Congress-led United Progressive Alliance (UPA) government in India has been forced to do what it might not have otherwise—reduce its marquee job guarantee scheme’s allocation in a big way for the first time. In one...
More »ADB urges Asia to tackle rising income gap
-AFP The Asian Development Bank (ADB) Monday urged regional governments to tackle rising income inequality with more urgency, warning any delay could undermine social cohesion and economic growth. Rajat Nag, ADB's managing director-general, said failing to address the problem now could spark further dissatisfaction and lead governments to resort to populist measures to appease their citizens. But populist measures like fuel subsidies and cash grants are taxing on state coffers and could result...
More »RTE Act can be a model for the world: Kapil Sibal
-The Times of India The RTE Act is an opportunity to break gender, caste, class and community barriers that threaten to damage the social fabric of our democracy and create fissures that could be ruinous to the country, writes Union HRD minister Kapil Sibal. The Supreme Court judgment upholding the constitutional validity of the Right of Children to Free and Compulsory Education (RTE) Act has once again focused public attention on education....
More »RTE declares war on education entrepreneurship, feel PE investors-Ahona Ghosh & Saumya Bhattacharya
Entrepreneurs and investors , who had only recently found innovative ways to invest in education as a business , are concerned about the financial impact of the Supreme Court ruling last week upholding the Right to Education Act. All schools, except minority unaided ones , will now have to set aside 25% of seats for poor students . While most investors welcome the move , they also worry about funding the...
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