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Builders may have to pay 11% interest on delayed projects -Prabhakar Sinha

-The Times of India NEW DELHI: Developers may have to pay 11.2 per cent interest to buyers for delay in handing over apartments and homes, according to draft rules unveiled by the government, a step seen as bringing relief to homebuyers reeling under the impact of delayed projects and mounting loan liabilities. The rules also say projects without a completion certificate will have to register with the Real Estate Regulatory Authority, to...

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Food Security Act: How are India’s poorest States faring? -Jean Drèze, Prankur Gupta, Reetika Khera and Isabel Pimenta

-Ideas for India The National Food Security Act was passed in 2013. This column reports findings from a recent survey on the status of the Act in six of India’s poorest States. Chhattisgarh, Madhya Pradesh, Odisha and West Bengal are doing quite well - the PDS is in good shape and most people are covered; however, Bihar and Jharkhand are yet to complete essential PDS reforms. A survey of the National Food...

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Pradhan Mantri Kaushal Vikas Yojana data till april 25: Of 17.58 lakh candidates skilled, 81,978 get placed -Aanchal Magazine & Anil Sasi

-The Indian Express Ministry cites ‘incomplete data’ as primary reason for low placement numbers. “Kaushal Bharat, Kushal Bharat” — it’s with this slogan that the government had launched its ambitious Skill India Mission in July last year, but the transformation from Kaushal to Kushal seems to be faltering at the last mile. While the government claimed to have trained twenty lakh people under its flagship Pradhan Mantri Kaushal Vikas Yojana (PMKVY), which works...

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Demand for Bt cotton seeds sharply down -Shishir Arya

-The Times of India Nagpur: There has been a major dip in the demand for genetically modified Bt cotton seeds this kharif season. The seeds that were introduced by the US multinational Monsanto in 2002 have become mainstay of cotton farming since then. This year, there has been a sharp increase in use of local varieties of cotton seeds instead of Bt in the northern States. The area seems to have...

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No detention till Class 5, says new draft policy on education 2016 -Jasleen Kaur

-Governance Now The draft for the eagerly awaited new Education Policy recommends amendments in the right to free and compulsory education Act 2009. Among its specific recommendations are:   * The no detention policy must be continued for children until completion of class 5. * At the upper primary level, the system of detention shall be restored subject to the provision of remedial coaching and at least two extra chances being offered to...

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