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Targeted lending to farmers a must -Gopa Kumaran Nair and Nirupam Mehrotra

-The Financial Express In a column in The Financial Express, ("Time to tweak priority-sector lending", goo.gl/6O8AOL, February 6), the author made a case for "tweaking" priority-sector lending (PSL) norms which largely stipulate that the commercial banks direct credit towards certain vulnerable sectors and target population. Specifically, the article argued for revisiting the sectoral targets and cited a reduction in the share of agriculture sector in GDP as a valid reason...

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Bombay high court clears higher payout for farm land acquisition -Swati Deshpande

-The Times of India MUMBAI: In a landmark judgment, the Bombay high court has paved the way for the state to pay higher compensation to farmers whose land it acquires for public projects. The court held that financial constraints or project cost escalations cannot be a reason to shortchange farmers and set aside a government decision to fix a multiplier factor of 1.1 on market rates even though the law says...

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The nuts and bolts of skill development -Kumar Vivek & Radhika Kapoor

-The Hindu For any skill development effort to succeed, markets and industry need to play a large role in determining courses, curriculum and relevance The Union Budget 2015 paved way for the launch of a much-awaited National Skills Mission to complement Prime Minister Narendra Modi's ‘Skill India' and ‘Make in India' exhortations. However, much work needs to be done on the ground for the government to prove that this step is a...

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Debate on automatic school promotions

-The Telegraph New Delhi: The Centre today began consulting the states on a new education policy that will review a range of practices, including the automatic promotions till Class VIII and the option of skipping one's Class X board exams under the Central Board of Secondary Education. Smriti Irani's human resource development ministry made a presentation flagging 33 key issues, which include the need for examination reforms to focus on problem-solving, critical...

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When The Haze Takes Over -Pavithra S Rangan

-Outlook The NDA seems bent on subverting the RTI Act. Is the slow dismembering of the CIC part of the plan? We Have No Recall For the first time since its inception, CIC's functions expropriated by the govt A search committee set up to appoint a new CIC chief says meeting details cannot be revealed; "highly confidential" RTI appeals pertaining to prime depts...

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