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Central fund to buy equity in Dalit firms likely

-The Times of India   Dalit Venture Capital Fund is the next big idea as the Centre looks to roll out 'procurement quota' in government purchases from small and medium enterprises (SMEs). The Fund would seek to buy equity in Dalit companies to provide capital support as investment. The Centre is mulling creation of a special purpose vehicle or a capital support system to help develop entrepreneurs among scheduled castes and tribes. The...

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Education experts pitch for major changes in RTE Act by Rashmi R Parida

The goals of the Right to Education (RTE) Act are unrealistic and unachievable in its entirety education experts and policymakers said at a conference here today, and endorsed the need for more dialogues with civil society, government agencies and educational service providers to bring the landmark legislation to fruition.              There is an imperative need to look afresh into the RTE Act, iron out its ambiguities and...

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Inclusive growth: Malnutrition-education link by DP Chaudhri & Raghbendra Jha

The approach paper for the 12th Five-Year Plan with focus on faster, sustained and inclusive growth is candid and forward-looking. On poverty reduction, the document notes, without comment, the annual trend decline of 0.8% accelerating to 1% during 2004-05 to 2009-10, against a promised target of 2% in the 11th Plan. It emphasises that India will easily meet the Millennium Development Goals (MDGs) of halving poverty by 2015, over 25...

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Why ‘force first' will not work by DN Sahaya

Union Minister for Rural Development Jairam Ramesh, in an article on left-wing extremism (“From Tirupati to Pashupati?” The Hindu , October 14, 2011), observed candidly: “It is not the naxals who have created the ground conditions ripe for their ideology — it is the singular failure of successive governments both in the States and the Centre.” There lay the main cause of the festering sore of naxalism, often characterised as left-wing...

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FDI low in education, finger at bar on profit by Basant Kumar Mohanty

Foreign direct investment in education has been stuttering in India more than a decade after it was allowed, apparently because education is a not-for-profit sector where surplus revenue has to be ploughed back into expanding the institution. India’s education sector has witnessed significant expansion since the government approved FDI in April 2000, thus providing a huge opportunity for investment. Yet FDI remained zero in the first three years, increased till 2008-09...

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