-Outlook Kochi: Reserve Bank Governor D Subbarao today ruled out introduction of Islamic banking in the country but said other methods for channelising funds based on the principles of Islamic law can be looked at. "Islamic banking is not possible", he said, adding the central bank could look at other vehicles based on Islamic banking principles to channelise NRI funds. Replying to a question on the issue, Subbarao said: "There are some legal...

-The Economic Times A new book by Bibek Debroy on Gujarat looks at how this much-talked about state has performed in economic terms. The author argues history, luck and administrative clarity have been the determining factors. There has been a discernible pickup in Gujarat's growth performance since the 10th Plan (2002-07), the five-year Plans being natural periods for breaking up the timeline. It's tempting to argue that there is nothing exceptional in...

-Economic and Political weekly Drawing on the research on basic education in West Bengal, this essay argues the case for a much criticised public education system, which needs to be reconsidered as regards its potential as a provider of quality education, even while addressing its many failings. The essay follows an approach, both critical and constructive, that underlines the collective onus of the public in realising the value of the public...

-Frontline A study finds that institutional support alone cannot help reduce maternal mortality in India.  THE high rate of maternal mortality in India has been a cause for national concern, especially on account of the focus on reaching the United Nations’ Millennium Development Goals by 2015. Although there is a growing realisation that it will be difficult to meet the MDG targets by that deadline, there is a renewed interest in the...

  -India Education Diary The Right to Education Act (RTE), enacted in 2009, has ushered in hope for school education in the country. It is the primary responsibility of the Government to ensure implementation of the Act. Being part of the concurrent list, the Central and state governments are both responsible for ensuring effective implementation of the Act. There has been significant improvement in terms of the number of primary schools, largely...