-Express News Service   The government today decided to create a 4.5 per cent sub-quota for backward minorities within the 27 per cent quota for Other Backward Classes (OBCs) in jobs and admission to Educational Institutions.   The political significance of the move lies in its timing just ahead of elections in Uttar Pradesh. The sub-quota was one of the Congress’s 2009 poll promises, but it appears in the current context to be targeted...

-The Hindustan Times   With the Right to Education Act (RTE) setting aside 25% of seats in schools for students of the Economically Weaker Section (EWS), heads of minority institutions in the city have expressed their displeasure at the reservation. Claiming that a substantial percentage of the seats was already being given to students of the minority EWS community, principals of several schools such as St. Columba's, Carmel Convent School and Guru...

Foreign direct investment in education has been stuttering in India more than a decade after it was allowed, apparently because education is a not-for-profit sector where surplus revenue has to be ploughed back into expanding the institution. India’s education sector has witnessed significant expansion since the government approved FDI in April 2000, thus providing a huge opportunity for investment. Yet FDI remained zero in the first three years, increased till 2008-09...

-The Telegraph   New laws are often brought in without assessing their judicial and financial impact. The result is poor implementation, says Seetha Call it collateral damage. According to newspaper reports, agriculture minister Sharad Pawar has written to the Prime Minister asking for the National Rural Employment Guarantee Act (NREGA) to be put on hold during the peak season of agricultural operations. With a guaranteed income of Rs 100 a day for at...

Some Dalit businessmen plan to launch a Rs 500 crore venture capital fund — India’s first community-focused fund. The Central government’s new procurement policy will open business opportunities worth Rs 7,000 crore for Dalit and s (ST) entrepreneurs. These entrepreneurs are now gearing up to tap this opportunity by launching their own venture capital fund and increasing their production capacities. The proposed Rs 500 crore venture capital fund will be the country’s...