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PM says unauthorized deposit collection has to be curbed

-The Times of India Prime Minister Manmohan Singh said on Saturday that unauthorized collection of deposits promising high returns has to be curbed as the Centre unleashed a multi-agency probe on chit funds and money pooling firms in West Bengal and the eastern region. Rattled by the collapse of the Saradha group in West Bengal, the Centre has asked various agencies such as the Enforcement Directorate (ED), Income Tax department, the ministry...

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The Larger Implications of the Novartis Glivec Judgment-Sudip Chaudhuri

-Economic and Political Weekly The Supreme Court judgment on the Novartis-Glivec case is remarkable because it has gone beyond the specific technical and legal issues surrounding patents and has put the matter in a much larger political and economic perspective. The deeper implication of the judgment is that it is not only justified to deny patents when incremental innovation is trivial as in the Glivec case. The judgment has linked the...

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Parliamentary panel opposes automatic promotion under RTE-Aarti Dhar

-The Hindu Opposing the provision of automatic promotions till Class VIII under the Right of Children to Free and Compulsory Act, 2009, a Parliamentary committee has asked the Ministry of Human Resource Development to "rethink" the policy as a student may not be motivated to work hard if promotion was guaranteed. Expressing concern over the quality of education under the RTE regime and the learning outcome, the panel has asked the Ministry...

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What Right To Education? Failing to meet the prescribed norms, half of the existing schools will lose their recognition -Arvind Panagariya

-The Times of India     The three-year compliance period for the Right to Education (RTE) Act is just over. What has the Act accomplished? Sadly, not very much that is positive. A key provision in the law abolishes Board Examinations and grants automatic promotion to each child to the next grade at the end of the academic year. It also requires the award of a diploma to all at the end of eight...

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No extension to RTE Act’s implementation deadline -Akshaya Mukul

-The Times of India NEW DELHI: HRD ministry has categorically ruled out extension of three-year deadline to states who failed to create the necessary infrastructure to implement the Right to Education (RTE) Act, whose deadline expired on March 31. Acceding to the extension request would have meant amending the RTE Act. But at the end of 61st meeting of the Central Advisory Board on Education (CABE) HRD minister M M Pallam Raju...

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