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Free power versus water by Basant Kumar Mohanty

Rural development minister Jairam Ramesh today questioned the policy of providing free electricity to farmers in certain states, saying excessive pumping by cultivators had led to a depletion in groundwater levels. “In district after district, groundwater tables are falling. And there is no doubt that free electricity has caused excessive use of water. Our policies on pricing of water also do not lead to conservation. So we have to rethink on...

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RTE may prove a game-changer by Julie Mariappan & M Ramya

Private school admissions may soon see a sweeping change if the government has its way after notifying rules under the Right of Children to Free and Compulsory Education (RTE) Act. While the government plans to ensure 25% reservation for underprivileged children by assigning officials to closely monitor the admission process in all schools, including unaided private institutions, a proposal to impose a firstcome-first-served rule may do away with preferential admissions...

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Asset Quality, less credit to rural areas a concern: RBI

-The Economic Times   The Reserve Bank today expressed concern over asset Quality of banks and lower credit flow to rural areas, despite the fact that performance of Indian banks improved during the 2010-11 period.  In its report titled 'Trend and Progress of Banking in India 2010-2011', RBI said that the Indian banking sector demonstrated continued revival from the peripheral spill over effects of the recent global financial turmoil in 2010-11, but despite...

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How much does she know? by Rukmini Banerji

On November 11, 2011, a big campaign was launched to make citizens of India aware of the Right to Education Act. The campaign has the potential to engage citizens in demanding their rights. Hopefully, the effort will also push the government at different levels to prepare to provide the “rights” as envisaged by the law.   At the core of the law is a “guarantee” — a guarantee for Quality, free and...

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The environmental cost of diesel subsidy by Sunita Narain

Consider this. Every time petrol prices rise, oil companies end up losing more money. How? The price differential between petrol and diesel increases further; people start buying diesel-powered vehicles so oil firms bleed more. Even worse, we all bleed because dieselisation adds to toxic pollution in our cities. This, in turn, adds to the health burden and costs. This is all very well accepted. Yet, nobody has done anything to fix...

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