-Live Mint The International Monetary fund (IMF) has warned India against licensing corporate entities to step into the business of commercial banking, saying the risks associated with such a move potentially outweigh the benefits of creating more banks. IMF’s Financial System Stability Assessment Update said it would be prudent for India to first put in place and gain sufficient experience in implementing a comprehensive framework for the purpose before considering the entry...
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46% of Std V students can’t solve simple calculations: NGO Pratham
-The Economic Times The Annual Status of Education Report (ASER 2012) by NGO Pratham shows that the number of Class V students who could not read a Class II level text or solve a simple arithmetic problem has increased. In 2010, 46.3% of kids in this category failed to make the cut and this shot up to 51.8% in 2011 and 53.2% in 2012. US President Barack Obama had warned that America's...
More »The enrolment myth
-The Indian Express The dismal picture painted in Pratham’s latest Annual Status of Education Report must provoke policymakers to urgently assess and tackle the crisis in India’s primary school education. Pratham, an NGO, has done stellar work these past years in surveying the learning outcomes in schools countrywide. Its 2012 report details a rapid decline in students’ ability to keep up with the syllabus. It has found, for example, that only...
More »'Funds to NGOs squandered'-Satya Prakash
-The Hindustan Times Publicly funded NGOs, some of them working in key sectors, such as health and rural Development, have squandered hundreds of crores of rupees, a report released by a voluntary organisation said. In its report ‘India’s Funds to NGOs Squandered’, Asian Centre for Human Rights (ACHR) said government funding of voluntary organisations was in dire need of reform as the audit by the CAG of India was infrequent, inadequate and...
More »Chautala main conspirator of recruitment scam, court says -Smriti Singh & Neeraj Chauhan
-The Times of India The conspiracy of favouring candidates in the JBT exam by former chief minister Om PrakashChautala had begun in 1999 and he had even transferred two officers who did not comply with the directions given by chief minister's office. In its order, the court said Chautala was the "main conspirator" who was aware of every Development in the scam. The court on Wednesday noted that Chautala could not carry out...
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