-PTI Non-Performing Govt Schools Should Be Handed Over To Private Players: Niti Aayog Government think tank Niti Aayog has recommended to hand over non-performing or "hollowed" government schools to private players under the public- private partnership (PPP) mode. The Aayog, in its recently released "Three-year action agenda", has recommended that the idea, where the Private Sector adopts government schools while being publicly funded on a per child basis, can be explored. According to the...
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Despite RERA, Centre and states not doing enough to protect home buyers -Manish
-Hindustan Times The central government has extolled RERA as a panacea for exploitation of home buyers with the establishment of an independent authority in each state. But its own actions in the Capital reflect poorly on the objective The Real Estate (Regulation) Act, 2016, the flagship legislation to protect home buyers, has come into force, but its implementation on the ground continues to lag, with the central and state governments equally lax...
More »Additional Rs 6,39,900 crore investment needed to double farmers' income
-PTI NEW DELHI: An additional investment of Rs 6,399 billion is required from both public and Private Sectors to enable doubling of farmers' real income by 2022-23, a government committee said in its latest report. At present, public investment is below national average in states like Assam, Kerala, Uttar Pradesh, Madhya Pradesh, Bihar, West Bengal, Tamil Nadu, Rajasthan, Punjab and Odisha. Less developed states in the eastern region continue to lag behind in...
More »That sinking feeling -MV Rajeev Gowda & Salman Soz
-The Hindu In contrast to its pronouncements, the government’s own data suggest the economy is in a deep hole Prime Minister Narendra Modi, in his Independence Day address, spoke triumphantly about how demonetisation drove ?3 lakh crore of unaccounted money into the banking system. The Reserve Bank of India (RBI) is still counting old notes, and unaccounted money cases are ongoing. Thus, this number is at best a guesstimate, and cannot be...
More »Economy will decelerate if States resort to farm loan waivers
-The Hindu Business Line Total burden could swell to Rs. 2.7 lakh cr New Delhi: Farm loan waivers could be detrimental to the economy as they could reduce aggregate demand by 0.7 per cent of GDP, imparting a significant deflationary shock to the economy, the Survey said. There is visible farm stress, even though it is not as widespread as it is made out to be, the Survey said, adding that the drastic...
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