Two years after the ambitious Right of Children to Free and Compulsory Education Act, 2009 came into being, 95.2 per cent of schools are not yet compliant with the complete set of RTE infrastructure indicators, a civil society survey nationwide shows. And a shockingly high percentage, 93, of teacher candidates failed in the National Teacher Eligibility Test conducted by the Central Board of Secondary Education in 2010-11. In 2009-10, the failure...

Move could save banks significant money spent on record-checking and documentation In what could usher in an era of paper-less, real-time authentication, the finance ministry is looking into allowing online Aadhaar authentication as a valid proof of identity for opening bank accounts. The ministry is considering an amendment to the Prevention of Money Laundering Act, or PMLA, to recognize online Aadhaar data to satisfy know-your-customer (KYC) requirements. This will pave the way for...

The medicine price regulator, the National Pharmaceutical Pricing Authority (NPPA), has found a price fixing mechanism suggested by its parent ministry, chemicals and fertilisers, has failed to meaningfully lower the prices of key cancer medicines. A group of ministers (GoM) headed by agriculture minister Sharad Pawar is expected to meet soon to finalise a pricing policy on drugs. The NPPA study findings may compel the ministry to seek other effective ways of...

Under fire over data integrity issues, the government has tasked a panel to revise the wholesale price index (WPI) with the mandate to "enhance the reliability" of official statistics on all inflation measures.  The 31-member panel, to be headed by Planning Commission member Saumitra Chaudhuri, has also been asked to explore the possibility of getting a single agency to collect data for compiling WPI and industrial production that are hitherto dealt...

-Live Mint   Divisions between the Unique Identification Authority of India (UIDAI, or Aadhaar) and the home ministry grew wider on Thursday after the Nandan Nilekani-led entity and the department of information technology (DIT) raised objections to the Resident Identity Card (RIC) scheme. Three high-ranking officials, who spoke independently and on condition of anonymity, said a meeting of the Expenditure Finance Committee (EFC) to clear Rs. 6,790 crore for the home ministry’s RIC...