With admission season underway, the Supreme Court on Friday agreed to give early hearing to petitions challenging the validity of the provision of Right to Free and Compulsory Education Act which mandated 25 percent of reserved seats for economically backward sections in private unaided schools. A Bench headed by Chief Justice SH Kapadia agreed to give hearing on a bunch of petitions on a priority basis after taking note of...

Refraining granting a stay, the Supreme Court on Monday agreed to examine the validity of the provision of Right to Free and Compulsory Education (RTE) Act which mandated 25 per cent of reserved seats for economically backward sections in private unaided schools. A bench of Chief Justice S.H. Kapadia, justices K.S. Radhakrishnan and Swatanter Kumar did not favour at the moment the idea of referring the matter to a Constitution Bench. “At...

The Centre on Monday asserted before the Supreme Court that the Right to Education Act (RTE) applied to private unaided schools, including minority schools and it did not violate any rulings of the top court. "The provisions… regarding grant of admission by private unaided schools, to the extent of at least 25% of the strength of class-I to children belonging to weaker section and disadvantaged group in the neighbourhood and provide...

“To make democracy function effectively, we must have inclusive growth. Microfinance has given a choice to those who were earlier excluded from the traditional institutional mode of finance. Since more than 80 per cent of Indian farmers do not get loans from such institutions, emergence of micro-finance has been beneficial to the rural poor.” Dr Amiya Sharma, executive director of the Rastriya Gramin Vikash Nidhi (RGVN) opined this at the fourth...

Indian Centre for Islamic Finance delegation makes presentation at Yojana Bhavan The Indian Centre for Islamic Finance (ICIF) has made out a strong case before Prime Minister's Economic Advisory Council member V. S. Vyas for introducing interest-free banking in the country at the earliest to ensure “inclusive growth with innovation” in accordance with the recommendations of the Planning Commission's Raghuram Rajan Committee. An ICIF delegation from New Delhi, led by its general...