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The case against privatisation of education-Pulapre Balakrishnan

-The Hindu     The state must remain in higher education as the private sector is yet to demonstrate its capacity to create knowledge on a sufficient scale The impending inauguration of a new government finds interested parties bringing into the public arena matters of importance to them. One of the issues that has been raised recently is whether higher education in India should be privatised. This question merits serious attention. And though interest...

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El Nino likely to cause loss of Rs 1,80,000 crore this year: ASSOCHAM -Soma Basu

-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...

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Congress manifesto: right to health is next on agenda -Kundan Pandey et al

-Down to Earth Grand old party of India renews some old promises and makes some new ones, but will Congress live up to its promises if it wins a third term? The Indian National Congress (INC) presented its manifesto for the upcoming Lok Sabha elections on Wedneday. The manifesto committee claimed the 48-page document was prepared after wide consultations by engaging millions of people, grassroots congress workers and every section of the...

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Who foots the huge dole for business? -Latha Jishnu

-Down to Earth Bad loans of public sector banks to business are more than double the food subsidy There are some things you simply do not do in the liberalised economy. You do not put bank loans under the lens-unless these are ballooning out of control. That is, until such loans are likely to jeopardise the entire banking system and send the economy into a tailspin. And there's another thing: you don't...

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Why India needs a futures exchange for water? -Nilanjan Ghosh

-The Hindu Business Line The risk of water availability is a painful reality in south Asian agriculture including India. Any deviation from the monsoon causes problems for the farm community and poses threat to food security in the region. The variability in precipitation in India has actually increased in recent years. While comparing the variability of precipitation (given by standard deviation) between two phases, 1950-75 and 1976-2010, in two geographically dispersed districts...

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