Akeredolu’s govt to stop free secondary school education in Ondo

Akeredolu’s govt to stop free secondary school education in Ondo

Indications emerged on Sunday that the Ondo State government is set to discontinue free education at the Secondary Schools level across the state. The decision was contained in a communique issued by the over 2,000 stakeholders who converged on the International Culture and Events Center (DOME), Akure, for a two-day education summit in the state. Governor Oluwarotimi Akeredolu, who declared the event opened last Thursday, had assured the participants of the summit that the government will enforce any decision taken at the end of the summit. He urged participants to…

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India’s holdings of American govt securities touch $135.7 billion, highest in a year

India’s holdings of American govt securities touch $135.7 billion, highest in a year

India has sharply increased its exposure to US government securities with holdings worth USD 135.7 billion at the end of July, official data showed. Neighbouring China continued to top the charts with holding to the tune of USD 1.166 trillion, followed by Japan with exposure worth USD 1.113 trillion. In recent months, India has increased its purchase of American government securities and the country is the third largest holder among the BRICS group after China and Brazil (USD 271.9 billion). At the end of July, Russia held securities worth USD…

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Govt seeks asset valuer for Air India stake sale

Govt seeks asset valuer for Air India stake sale

As the government prepares to peg a price tag to Air India for its stake sale, it has invited applications for an asset valuer for the national carrier as well as its subsidiaries and overseas offices. The Union Cabinet has given its in-principal approval for disinvestment of the debt-laden Air India and has constituted a group of ministers to chart out the future course of action. According to the tender document floated by civil aviation ministry, the asset valuer will have to carry out the valuation of land, buildings, aircraft,…

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In war against black money, Modi govt steps up scrutiny of shell firms

In war against black money, Modi govt steps up scrutiny of shell firms

When Prime Minister Narendra Modi banned high-denomination currency bills in a surprise move late last year, authorities noticed a surge in shell companies depositing cash in banks, seemingly in a bid to hide who owned that wealth. The moment, said a top aide to Modi, was an eye-opener for the government, which had not realized just how much shell companies were being used to hide assets and launder money. Modi’s office has formed a team of top law enforcement and revenue officials to go after such companies, according to the aide…

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Modi govt aims to revamp public health scheme, lower costs after criticism: Report

Modi govt aims to revamp public health scheme, lower costs after criticism: Report

India’s health ministry has trimmed its cost estimates for extending its main public health programme by 25% after criticism from a federal think-tank over inefficiency and slow progress, according to government documents seen by Reuters. The new estimate of $25 billion for a three-year extension of the flagship health programme, down from an initial figure of about $33 billion, comes as Prime Minister Narendra Modi pushes a multi-pronged agenda to revamp health services. Planned reforms include streamlining spending and bureaucracy, slashing prices of life-saving drugs and medical devices, and nudging companies…

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Chandigarh govt schools register over 6% rise in pass figures

Chandigarh govt schools register over 6% rise in pass figures

With 982 students failing the Class-12 board exams and 1,790 out of a total 10,742 getting compartments this year, city government schools were still able to witness a rise of 6.41% in the pass percentage compared to last year. Going by the individual results compiled by the district education office (DEO), out of 39 Government Model Senior Secondary Schools, 29 performed better than last year, which helped the overall result to improve from 68.31% pass percentage in 2016 to 74.72% in 2017. Also, only 341 of them had managed to…

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Use of mobile phones banned for teachers too in govt schools of Chandigarh

Use of mobile phones banned for teachers too in govt schools of Chandigarh

School heads have been asked to prohibit carrying of mobiles by students to schools and teachers to classrooms, laboratories and other academic areas The DEO has stated that the use of mobile phones by teachers even when they are on a silent mode impairs the teaching performance in the class.(AFP/LiveMint photo) District education officer (DEO) Rajinder Kaur has revised the circular of the Central Board of Secondary Education (CBSE) and banned the use of mobile phones by teachers in the schools of Chandigarh. The heads of government and government-aided schools…

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Govt plans to bring architecture institutions under urban development ministry

Govt plans to bring architecture institutions under urban development ministry

All architecture engineering colleges will be out of the purview of the human resource development ministry, and are likely to be brought under the urban development ministry.(Representational Photo) Soon, all architecture engineering colleges including all SPAs (Schools of Planning & Architecture) and institutes such as Mumbai’s JJ School of Architecture and Ahmedabad’s CEPT University will be out of the purview of the Union human resource development (HRD) ministry. The council of secretaries headed by cabinet secretary PK Sinha last month recommended that these institutes should be brought under the Union…

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