-The Tribune LIC is India’s biggest stock-market investor. Once listed, it might be tempted to increase its exposure to equities. We know what that did to India’s most popular mutual fund in the late 1990s. UTI’s US-64 collapsed because it had made too many risky investments. Most of 20 crore small investors never recovered investments A few years ago, I was part of a jury to select the best businesses in India...
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Reality of Reforms: Education policy and a Bihar college -Shreya Roy Chowdhury
-Career360.com BEGUSARAI, BIHAR: Ganesh Dutt College in Begusarai, Bihar, offers a paper on gender economics as part of the postgraduate economics programme. It will enrol students, suggest books, conduct internal tests and assess them. It just won’t teach it in class. Students opting for it are on their own. This is not how the economics department wants to run things. But it has 960 undergraduate and postgraduate students and three teachers, who...
More »No plan to amend Constitution to include Net access as fundamental right, says Ravi Shankar Prasad
-The Hindu Minister for Communications justifies imposition of Internet blockade in Jammu and Kashmir New Delhi: Minister for Communications Ravi Shankar Prasad on Thursday justified the imposition of Internet blockade in Jammu and Kashmir by stating that national security trumped over the right to use the Internet and the blockade would be reviewed periodically based on the law and order situation in the region. Mr. Prasad, who was answering a question in the...
More »Farmers staring at huge loss due to unseasonal rain in Odisha
-The Hindu Coupled with a delay in paddy procurement, rains are adding to the farmers’ woe as they struggle to find shelter for their stock. BHUBANESWAR: Hundreds of farmers hit by slow pace in paddy procurement are staring at huge losses as their paddy stocks are exposed to unseasonal rain in Odisha. The State has been receiving widespread rain due to western disturbance since Tuesday. Eighteen of 28 meteorological observation stations in the...
More »Economic Survey: Focus on wealth of big business than wealth and health of nation -Surajit Das
-Newsclick.in The Economic Survey 2019-20 indicates that the government’s broad policy direction will remain the same -- of neglecting the social sector and serving the interests of the big businesses. This year’s Economic Survey begins with emphasising the importance of wealth of nations (inspired by Adam Smith) and depicts long-term contributions of the US, China, India and various other countries in world GDP (gross domestic product). The shares of China and India...
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