-The Hindu House panel on education discusses COVID-19 impact The Centre is assessing how badly school students have been hit by the COVID-19 pandemic, and will collect States’ surveys on digital education access and learning losses by the end of this month, the School Education Department told a parliamentary panel on education on Monday. The panel asked the Centre to also assess the impact of its own guidelines and interventions, as well as...
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Govt’s data apathy harming pandemic response: Experts -Tanay Sukumar and Pramit Bhattacharya
-Livemint.com Policymakers are flying blind when it comes to designing an effective response to the pandemic As the second wave of covid-19 ebbs in India and policy focus shifts to the economic damage caused by lockdowns for the second consecutive year, economists are finding it hard to assess the extent and spread of the damage. The absence of benchmark survey data in the pre-pandemic period, the abrupt halt to most survey work during...
More »Rural term deposits fall for first time in eight years -Vivek Kaul
-Livemint.com As of 31 March, the total outstanding term deposits with banks in rural India contracted by 1.05% to ₹6.99 trillion from a year earlier Every three months, the Reserve Bank of India (RBI) declares region wise data for term deposits. As of 31 March, the total term deposits of commercial banks in India rose 8.42% to ₹86.4 trillion from a year earlier. Term deposits are money that depositors keep in a bank...
More »Many schools in Bengaluru tie up with third party finance companies to collect fees -Soumya Chatterjee
-TheNewsMinute.com Parents say despite the Karnataka government putting a school fee cap of 70% of tuition fees, this has not been enforced due to ongoing litigation. A legal stalemate at the Karnataka High Court over the fee regulation of ICSE and CBSE schools in the state and especially Bengaluru has left many parents high and dry. Since the onset of the pandemic and the resultant economic slowdown, parents who suffered a loss...
More »Esther Duflo, Raghuram Rajan, Arvind Subramanian in economic advisory council to Tamil Nadu CM -Janardhan Koushik
-The Inidan Express A white paper detailing the true state of Tamil Nadu’s finances will be released in July, said Governor Banwarilal Purohit during the first session of the 16th state legislative assembly in Chennai. Chennai: The Tamil Nadu government will form an economic advisory council comprising Nobel laureate Esther Duflo of the Massachusetts Institute of Technology (MIT), USA and former Reserve Bank of India governor Raghuram Rajan to advise the chief...
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