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Rainy Days by Arti Sharma

Central pension plan NPS finally gets a boost The ‘New’ NPS     Measure: Improve incentives for distributors. Has been recently implemented.     Impact: Was required. But won’t be enough, need consumer education to build volumes.     Proposal: Increase fund management fees with an option to lower later.     Impact: Under consideration. But finance ministry unhappy with increase in costs.     Proposal: Relax the norms to appoint more fund managers to increase distribution.     Impact: Unlikely. At...

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Snakes and ladders by Amartya Sen

Like many board games that were developed in India, of which chess is perhaps the most important and famous, the game of “snakes and ladders” too emerged in this country a long time ago. With its balancing of snakes that pull you down and ladders that take you up, this game has been used again and again as a metaphor for life, telling us about our fortunes and misfortunes, and...

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School body sets Feb 15 deadline for RTE ‘conversion’ by Ritika Jha

The shortage in the number of applicants for seats reserved for less privileged children in private schools appears to be an advantage for the institutions to prevent the proper implementation of the Right to education Act in the city. The RTE Act makes it mandatory for all private schools to reserve 25 per cent of the seats at the entry class level for underprivileged children and teach them free of cost....

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What Azadi means: Findings from a first-ever Home Ministry survey of Kashmiri youth by Riyaz Wani

Valley’s youth say peaceful political protests are the most effective means for achieving political aspirations. Estrangement from India is matched by the lack of interest in Pakistan In 2010 the Ministry of Home Affairs had commissioned a focussed survey on the priorities and aspirations of Kashmir’s new generation, which had spearheaded the long spell of unrest, and found that 54 per cent of them identified “Azadi” as their preferred “final status...

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11 years after earthquake, Gujarat builders made to pay by Dayananda Yumlembam

After a perilous wait of eleven years and four days for justice, 40 residents of Sangemarmar Apartments, which collapsed during the earthquake 2001, received their due from the builders responsible for the tragedy. Gujarat State Consumer Disputes Redressal Commission ordered the builders of Sangemarmar Apartments, to pay varying amounts of compensations for the building collapse - around Rs 35 lakh each to residents of the flats who complained that the building...

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