The $12 billion Posco investment in India was supposed to be the biggest FDI project in the country. After six years that still remains on paper Horangineun jugeumyeon gajugeul namgigo, Sarameun jugeumyun ireumeul namginda (When tigers die, they leave behind leather. When people die, they leave their names behind) —Old Korean Proverb The news flash from Press Trust of India came on July 10, 2011. Posco, the $32 billion South Korean steel giant had decided to...

Total outlay for School Education is Rs.13,334 crore Students of classes X, XI and XII in government and government-aided schools will be entitled to an incentive after completion of schooling, Finance Minister O. Pannerselvam told the Assembly in the Budget speech for 2011-12 here on Thursday. The total outlay for School Education is Rs.13,334 crore. While students of classes X and XI would receive Rs.1,500 each per year for completion, students of...

The Mamata Banerjee ministry will not accept government role in land acquisition for the private sector even under the private-public partnership model, except in “specific and limited situations”, sources said after a cabinet meeting this evening. A “final decision” on the state government’s position on the draft National Land Acquisition and Rehabilitation and Resettlement Bill is still to be taken. Mamata asked the group of ministers led by Partha Chatterjee entrusted with...

The implementation of the landmark legislation to provide free and compulsory education to children between six and 14 years of age this year onwards has become a tough task for the administration. The Right to Education (RTE) Act mandates private educational institutions to reserve 25 per cent seats for children from weaker sections of the society. But a state human resource development (HRD) department report has revealed that none of the...

-PTI   Relaxing rules for admission of children of weaker sections in private schools under the Right of Children to Free and Compulsory Education (RTE) Act, Madhya Pradesh government has directed the concerned schools to provide admission on a first come first serve basis, official sources said today. Under the Act, 25 per cent seats are reserved for children of weaker sections of the society. Despite efforts to fill these seats, there...