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IMF says India shouldn’t rush to give banking licences to conglomerates-Remya Nair and Asit Ranjan Mishra

-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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On the waterfront -Anil Sasi

-The Indian Express The national water framework law proposed by the Union government could not be more timely. Even as the onerous task of persuading state governments to accept the idea remains unfinished, the proposed framework, as an overarching statement of general principles that lays down the broad contours within which the Centre, the states and the local bodies can exercise their respective powers on exploiting water, is a comprehensive step...

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Gujarat’s class 8 literates can’t read, finds ASER 2012!

-DNA Are Gujarat’s literate really literate? Chief minister Narendra Modi might have announced his vision at Vibrant Gujarat Summit of exporting teachers globally to impact the society in coming years, but there is a big hitch. He does not seem to be aware that the current crop of teachers in Gujarat have not succeeded in effectively educating the children here. The Annual Status of Education Report - 2012, released on Thursday has...

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Teachers in despair, education suffers -Bharat Yagnik & Paul John

-The Times of India AHMEDABAD: Even as the state government tom-toms its high enrollment rates in primary government schools in rural areas, it has done little to tackle teachers' deficit or to improve teaching quality in government schools. The poor quality of education - highlighted by the Annual Status of Education Report (ASER) 2012, released on Friday - is being squarely blamed on the despairing and overburdened primary school teachers in...

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Fertile farmlands vanish in Cauvery delta as realty deals entice farmers -A Srivathsan

-The Hindu Farmers are opting for the real estate option due to poor agricultural conditions Pushed by unsettling agricultural conditions and pulled by lucrative real estate deals, farmers across the famed and fertile Cauvery delta in Tamil Nadu are selling their lands to real estate developers. In Amma Chatram, Marudhanallur, Tirunageswarm, Mathur, and in a host of other villages in Thanjavur and adjacent districts, farmlands are being converted to residential plots at...

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