-The Hindu India has the highest number of students in colleges after the U.S., says Kapil Sibal The percentage of students from the Other Backward Communities who have enrolled in higher education has gone past 27 per cent, but the number of students from the Scheduled Castes and the Scheduled Tribes continues to be unacceptably low, an official survey has revealed. Indicating an impressive increase in the Gross Enrolment Ratio from 15 per...
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Kelkar panel for scrapping all subsidy; says no action will push FY13 fiscal deficit to 6.1%
-NDTV The Kelkar committee has said subsidies pose the greatest risk to the country's fiscal situation, while suggesting that the excise and service tax rates should be cut to 8% over the next few years. The panel calls for the need to step up disinvestment drive in state-run firms for fiscal consolidation. It says diesel should be deregulated by 2014 and all subsidy on cooking gas be cut by 2015. All subsidies must be...
More »‘Perfect storm’ that shook
-The Telegraph The enormity of the real challenge before Manmohan Singh is far higher than that posed by Mamata Banerjee. A “perfect storm” is gathering around the economy, according to a Centre-commissioned report packed with suggestions for a series of tough measures that will affect daily life and test the government’s resolve to wade further into unpalatable waters. The report presented by the Vijay Kelkar panel, which was asked to suggest a road...
More »UN chief hails progress in scaling up maternal and child nutrition worldwide
-The United Nations High-level political and private sector officials today met in New York to fight childhood and maternal under-nutrition with Secretary-General Ban Ki-moon praising the progress made so far, while stressing the importance of continuing to boost efforts on this front. “Every household needs to be able to afford safe, nutritious foods. Markets need to be open and fair. The poorest people need to know they can count on social protection...
More »Oil PSUs: Decoding the math of loss or under-recovery and what it means-Avinash Celestine
-The Economic Times How right was the government when it stated that the under-recoveries posed a threat to 'our national economy'? Or when the government says that it gave more to the sector in the form of subsidies than it earned as fuel taxes? The government would also like you to believe that the under-recoveries, dependent as they are on the price of crude in the international market, and the exchange...
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