-The Economic Times MANDYA: A new breed of moneylenders has pushed farmers of moneyed Mandya district in Karnataka into an endless debt trap, leading to mounting suicides, even as the institutionalised credit system has failed them. The system is so well entrenched that the borrowers themselves are taking steps to protect the moneylenders from a government crackdown on the practice. Farmers — big, small and marginal — have taken loans from private...
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Social Safety nets require more public funding
The nation can be proud of running some of the world's largest programmes on social safety nets, says the latest report by World Bank. However, public spending on safety nets is still low in comparison to neighbouring countries Bangladesh and Pakistan. India tops the list of 136 countries for running the world's largest school feeding programme i.e. the Mid Day Meal Scheme (MDMS), and also the biggest public works programme i.e....
More »55% private unaided schools screen EWS applicants, 10% take admission fees from them : DCPCR Study -Shreya Roy Chowdhury
-The Times of India NEW DELHI: There are more violations of the law with with regard to EWS/DG (economically weaker section/disadvantaged group) admissions in private schools. A new study by Delhi Commission for Protection of Child Rights (DCPCR) and Save the Children has found that 52% of MCD-unaided and 55% of DoE-unaided schools are "following screening procedure in the admission of EWS/DG". Screening of candidates --- essentially selecting candidates on the basis...
More »43% of India's bank accounts lying dormant: World Bank
-Business Standard There was a significant rise in number of bank accounts held by Indians last year but a large chunk of these saw no transaction, shows a World Bank report Amid data suggesting nearly every Indian household now has access to a bank account, thanks to a renewed push to financial inclusion under the government’s Pradhan Mantri Jan Dhan Yojana, a set of numbers from the World Bank Global Findex for...
More »RTE turned their dreams into reality -Tanu Kulkarni
-The Hindu So far, 2.11 lakh children across the State enrolled in private schools under the quota Bengaluru: Those ‘big’ schools in the neighbourhood have for long been a dream for many students from the economically weaker sections. The RTE quota that reserves 25 per cent of the seats to such children has come as a boon, though several issues continue to nag the implementation of the Act, which came into force...
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