The Centre has revised the financial allocation under the Right of Children to Free and Compulsory Education Act over the next five years. As against the Rs.1,71,000 crore suggested earlier, the Finance Ministry has now approved an allocation for Rs.2,31,000 crore. The Expenditure Finance Committee (EFC) under the Finance Ministry has also agreed to increase the Centre's share effectively to 68 per cent and reduce the State share to 32 per...
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Unique ID pilot project in a week
Nandan Nilekani-headed Unique Identification Authority of India’s (UIDAI) plan to pay rural job scheme wages by putting to use the unique ID number will have its pilot run in five blocks of Jharkhand within a week. At a meeting today chaired by chief secretary A.K. Singh and attended by UIDAI director-general Ram Sevak Sharma, around a dozen blocks were discussed. It was then decided to choose five of these blocks in...
More »Posco Project likely to displace 470 families
A day after initiating land acquisition process for Posco-India’s mega steel plant project near Paradip, the Orissa government on Wednesday said 470 families could face displacement due to the mega plant. “The Rehabilitation and Periphery Development Advisory Committee (RPDAC) had already finalised a compensation package for the affected families,” Revenue and Disaster Management Minister Suryanarayan Patra informed the State Assembly. The steel major required 4,004 acres for the Rs. 51,000 crore project...
More »Does the govt know how to control rising prices? by Subodh Varma
Does the government really have any clue about how to go about controlling prices? A quick survey of statements made by everybody from the prime minister downwards shows a picture of groping in the dark, while handing out empty assurances from time to time. What is worse, it's all smoke and mirrors for the public. Coming as it does from a government that is loaded with top-notch economists, it is...
More »The banking woes of an “excluded” community by Vidya Subrahmaniam
Banks have designated red zones where the vast majority of Muslim clusters fall. This fact is confirmed by the rash of banking-related complaints received by the National Commission for Minorities. A little over a year ago, Ali Arshad, a resident of Okhla in Delhi, went to a well-known private sector bank to open a bank account. He thought his case would be fast-tracked because he had a banking background, he worked...
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