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RTE declares war on education entrepreneurship, feel PE investors-Ahona Ghosh & Saumya Bhattacharya

Entrepreneurs and investors , who had only recently found innovative ways to invest in education as a business , are concerned about the financial impact of the Supreme Court ruling last week upholding the Right to Education Act. All schools, except minority unaided ones , will now have to set aside 25% of seats for poor students .  While most investors welcome the move , they also worry about funding the...

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Mamata wants Delhi to bear anti-Maoist cost-JP Yadav

Mamata Banerjee skipped today’s meeting on internal security but sought to extract her pound even in absentia. The Bengal chief minister asked the UPA government to bear the entire cost of deploying central forces for anti-Maoist operations in the states, arguing that Left-wing extremism (LWE) had “implications” for national security. “The LWE problem is not an ordinary law-and-order problem affecting a particular state. It has serious implications on national security. It would,...

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Rising rural, urban wages aiding inflation: RBI report

Rising wages in both rural and urban India have contributed to inflation, and managing price levels when wages are rising is key to deriving benefits from higher growth, the Reserve Bank of India has said.  "The pressure on generalised inflation from sustained increase in wage costs has been one important characteristic of the recent high inflation episode. Wage increases for unskilled labourers in rural areas continue to be at a rate...

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RTE Act: There are more questions than answers-Aishhwariya Subramanian

While the state government has made it clear that the Right to Education Act (RTE Act) will be enforced from the current academic year, there are many who are still unclear as to what the Act means, especially the people who will be most benefited by it. RTE dictates that 25% of admissions in all private unaided schools (private minority unaided schools have been exempted) will be reserved free of cost...

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Bail plea of RTI activist dismissed-

-The Hindustan Times The anticipatory bail petition of RTI activist Manoj Kumar Karwasra was dismissed on Friday by additional sessions judge, Hisar, Sant Parkash. Karwasra had been booked under IPC sections 419, 420 and 120-B on the complaint of BS Rana, president, St Sophia School Education Society. Karwasra allegedly misused BPL card of Jeet Ram to seek information under the RTI Act, as BPL card-holders can seek information free of cost. Police...

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