Private unaided schools do not seem too upbeat about implementation of the new Right To Education. The School Action Committee (SAC) – an umbrella body of four school associations in the city – made it clear on Thursday that the burden of accommodating 25%EWS students for free was "too much" for private schools. They said the schools would now be forced to increase fee for other students. SAC is also...
More »SEARCH RESULT
Litmus test for govt as NAC gets specific on forest rights by Nitin Sethi
It has been the most contentious of UPA's flagship schemes for the aam admi. The government has never been sure if it wants the Forest Rights Act to really work, and Congress can't make up its mind on whether it will gain anything from the act meant to return forestlands taken away illegally from tribals and others by the government. It has been a handy tool to make some pro-tribal...
More »‘Giving tribals jobs could have saved Vedanta’
If it was the inability to resettle 450 families that sealed the fate for Korean steelmaker Posco in Orissa, the failure to give jobs to another 500 families in and around the Vedanta project in Niyamgiri put paid to the aluminium major’s plans, said National Advisory Committee member NC Saxena, who wrote the report that resulted in cancellation of Vedanta’s project. On being asked about the contradictions between development and growth,...
More »African farmers displaced as investors move in by Neil MacFarquhar
Stunned villagers are finding that governments have been leasing land, often for decades. The half-dozen strangers who descended on this remote West African village brought its hand-to-mouth farmers alarming news: their humble fields, tilled from one generation to the next, were now controlled by Libya's leader, Col. Muammar el-Qaddafi, and the farmers would all have to leave. “They told us this would be the last rainy season for us to cultivate our...
More »Banks want RBI to watch MFIs
Fearing a default from Andhra Pradesh-based microfinance institutions (MFIs), whose cash flows have been disrupted by new laws, lenders have asked RBI to ensure stability by bringing the sector under its purview. In a meeting called by the Reserve Bank to discuss funding of MFIs, it asked banks whether the institutions were repaying loans on time and if the end-borrower was suffering because of the credit crunch faced by them. RBI...
More »