-The United Nations   The United Nations educational agency has embarked on a new partnership to train thousands of school principals, beginning in Kenya, Ghana and India, that has the potential to benefit up to 10 million children in the future. The initiative by the UN Educational, Scientific and Cultural Organization (UNESCO) and the Varkey Gems Foundation, a not-for-profit education organization, is known as the “10,000 Principals Leadership Programme.” “This partnership is an excellent...

Five years after the government launched its flagship job creation programme, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) is set to get a make-over. Sources tell NDTV that government is mulling private sector participation. Under a new draft the government will continue to pay 100 days of wages, and companies will only have to pick up a wage bill for the remaining 265 days. Cottage, small scale and medium sized...

-The Business Standard   Political rhetoric dominated the Federation of Indian Chambers of Commerce and Industry (Ficci) annual executive committee meet today, even as two key faces of Mamata Banerjee’s administration reiterated the government’s stance of not acquiring land for industry. “Under no circumstances will the government acquire land for the industry,” Partha Chatterjee, West Bengal’s commerce and industries minister told the industry body. Also present at the event was state’s finance...

South India is way ahead of other regions in encashing on the tax-free special economic zones scheme as 79 of 130 functional SEZs are located in four southern states. Among southern states, Andhra Pradesh is on the top of the table with a maximum number of 32 operational special economic zones (SEZs) followed by Tamil Nadu (22), Karnataka (20) and Kerala (7), according to the latest government data. The sector-wise data shows...

There is a suggestion circulating in the corridors of our apex monetary regulatory authority, the Reserve Bank of India, that food inflation is beginning to look more ‘structural’ than ‘seasonal’, and it can only be tackled by addressing the supply side. We need to address both demand and supply sides simultaneously to tackle food inflation. While we must be happy that more and more poor eat fruits and cook vegetables...