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Teachers get two-year window for valid degrees

-The Times of India NEW DELHI: The Lok Sabha on Friday passed the Right of Children to Free and Compulsory Education (Amendment) Bill allowing teachers appointed on or before March 31, 2015 to acquire minimum qualifications within a period of four years from the date of commencement of the Act. This gives the 8.5 lakh unqualified teachers, appointed after implementation of the Right to Education (RTE) law, another chance to get recognized...

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'Minimum' govt to offer 400 new jobs -Charu Sudan Kasturi

-The Telegraph New Delhi: The Narendra Modi government, which had promised to facilitate the creation of 10 million new jobs each year, can finally boast a direct hand in carving out employment in a season of layoffs and self-inflicted economic wounds. But the jobs are in a sector the Prime Minister had promised to trim: his own administration. The foreign ministry plans to hire 400 computer-literate men and women to help it...

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Cloak on defaulters

-The Telegraph New Delhi: The Reserve Bank of India today told the Supreme Court that it was not in favour of publishing the list of loan defaulters who owed public sector banks Rs 500 crore or more because such disclosure might involve the statutory, contractual and fiduciary rights of the defaulters. Senior advocate Jaideep Gupta, appearing for the Reserve Bank, argued that the grant of loans was covered by various statutes, including...

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1.5 Million Jobs Lost During First Four Months of 2017, Says CMIE

-TheWire.in While this is likely a side-effect of demonetisation, more research is needed to unpack how India’s unemployment rate fell in January-April 2017. New Delhi: The Modi government’s demonetisation decision may have resulted in the loss of roughly 1.5 million jobs, according to new survey data put out by the Centre for Monitoring Indian Economy (CMIE). CMIE’s data is based on the result of consecutive waves of household surveys performed from January 2016...

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Surat Textile Traders on Indefinite Strike Against GST -Damayantee Dhar

-TheWire.in The traders have incurred a loss of over Rs 5000 crore in the last 22 days, while 15 lakh labourers have lost their jobs due to the shutdown. Surat: On July 8, Surat, the economic capital of Gujarat, witnessed an unprecedented protest against the new tax regime, the Goods and Service Tax (GST). Texile traders swarmed a three-km stretch on the Ring Road, which holds city’s main textile market, on a...

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