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Enrollment levels highest in a decade, sharp drop in reading ability of children - ASER 2022 report

-   Annual Status of Education Report, 2022 The Covid-19 pandemic resulted in some of the longest school lockdowns in the world in India. How has it affected learning and literacy? The Annual Status of Education Report (ASER) 2022 reveals a mixed bag of results. Here are the most Important findings: * Enrollment levels have reached the highest level since the implementation of the Right to Education Act was implemented in 2009....

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Limited Room for Public Spending - Santosh Mehrotra

- Financial Express The Union Government will present its ninth and last full budget before national elections in early 2024. But none of the growth engines inspire optimism, Santosh Mehrotra writes in Financial Express.  Nearly 60 percent of India's GDP is accounted for by private onsumption expenditure. However, since demonetisation consumer expenditure has been tepid as job growth fell sharply. Per capita consumption in 2022-23 is just above the level of 2019-20.  Private...

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Joshimath subsidence: Supreme Court agrees to hear plea on January 16 - The Telegraph

The Telegraph/PTI A bench comprising Chief Justice DY Chandrachud and Justice P S Narasimha, however, refused to list the plea for urgent hearing The Supreme Court on Tuesday agreed to hear a plea on January 16 seeking it’s intervention to declare the crisis in Uttarakhand's land subsidence-hit Joshimath as a national disaster. A bench comprising Chief Justice DY Chandrachud and Justice PS Narasimha, however, refused to list the plea, filed by Swami...

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Why India’s Balance of Payments is Headed for Hard Times -Prabhat Patnaik

-Newsclick.in The yawning merchandise trade deficit is occurring not because of any economic boom but in the midst of creeping industrial stagnation. India’s current account deficit for the second quarter (July-September) of 2022-23 has reached a massive $36.4 billion, which is 4.4% of the gross domestic product, higher than at any time in the last nine years. It is only in October-December 2012 that the absolute level of the current account deficit...

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India seeks discount in rare one-year urea Import tender, say sources -Nidhi Verma

-ThePrint.in New Delhi: India has issued a global urea tender asking producers to quote a discount for the supply of 600,000 tonnes of urea, industry sources said and a document shows, as the nation seeks to cut Import costs and secure cheaper supplies of the soil nutrient. India, where soil nutrients are sold at below market rates, annually Imports urea through tenders by authorised companies such as India Potash Ltd, Rashtriya Chemicals...

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