-The Hindu The Central Advisory Board of Education has decided to constitute a committee to revisit the ‘no detention' provision under the Right of Children to Free and Compulsory Education Act, 2009. The panel will submit a report in three months. The Advisory Board, at a meeting on Wednesday, also endorsed the government's initiative to create a Credit Guarantee Fund to provide better flow of credit to deserving students. The Rs. 5,000-crore...

India is setting up a Rs.5,000 crore credit guarantee fund to facilitate easy education loans to needy students by providing protection against defaults to banks. The move was endorsed at a meeting of the Central Advisory Board on Education (CABE), the highest education advisory body to the government that comprises academicians, industry experts and state education ministers, human resource development (HRD) minister Kapil Sibal told Reporters Wednesday. “CABE members endorsed the initiative to...

-PTI A Bar Council of India (BCI) delegation today met Human Resources Development Minister Kapil Sibal and threatened a nation-wide stir if legal education is not taken out of the purview of proposed Higher Education Research (HER) Bill.  The BCI has been opposing the HER Bill aimed at regulating the legal education system, saying it is an attempt to take away the powers of the apex lawyers' body.  At a two-hour meeting with...

-The Telegraph The Centre has renewed efforts to forge a consensus on allowing foreign direct investment in multi-brand retail by writing to all chief ministers, seeking to drive home the urgency against the backdrop of grim economic data. “Letters have been written to all chief ministers to build consensus to open up the multi-brand retail sector to FDI,” a commerce ministry official said. The statement came a day after the country posted its...

-The Economic Times The government has removed roadblocks to coal mining by leading business houses and taken the first step to relax scrutiny of corporate expenditure on oil and gas fields, in a burst of action that has cheered investors and industrialists in the languishing energy sector. A group of ministers recommended to the cabinet on Wednesday that Reliance Power's Chhatrasal block, which is attached to the 4,000 mw Sasan Ultra Mega...