17 November 2017-Current Affairs

  1. Salvator Mundi
  2. Crop residue to be used for Thermal power
  3. National Anti-profiteering Authority
  4. Upgrading the public education system

  1. Salvator Mundi

  1. Crop residue to be used for Thermal power

  1. National Anti-profiteering Authority

  • The Union Cabinet approved the creation of the National Anti-profiteering Authority to ensure that businesses pass on the benefits of GST to consumers.
  • The authority has been granted wide-ranging powers, including to cancel the registration of offending firms in extreme cases.
  • The recent GST changes including removal of input tax credit immediately spurred controversy, with some restaurant chains including McDonald’s raising their pre-tax base prices while keeping the final bill charged to customers unchanged, triggering a storm of protests
  • Reference
  • http://www.thehindu.com/todays-paper/centre-doubles-down-on-gsts-gains-for-consumers/article20494616.ece

  1. Upgrading the public education system
  • The World Bank’s World Development Report, 2018 highlights that research across 40 countries finds no difference in the learning outcomes of children with similar family backgrounds in both public and private schools.
  • Private schools appear better since they enrol children from relatively advantaged backgrounds who are able to pay, not because they deliver better quality.
  • The reliance on private schools risks segregating the education system on family income and deepening existing social cleavages; it also undermines the political constituency for effective public schooling in the long run. This has particularly dangerous outcomes in India where caste, gender and class inequalities dominate.
  • Majority of the 1.27 million untrained teachers teaching in India are in private schools. mechanisms to track the quality of education in private schools have historically tended to be weak or absent,
  • India has taken some steps in the direction of developing regulatory frameworks for private schools, with several states enacting fee-regulation legislation and the courts intervening to challenge private sector failures, including safety in schools
  • The long-term solution lies in strengthening the public education system and ensuring that all of India’s children receive quality education. This alone would help achieve India’s aspirations of global leadership by tapping into the demographic dividend that India still enjoys.
  • This must be backed by adequate resources. India is committed to the global and domestic benchmark of allotting 6% of gross domestic product to education, but has never crossed the 4% threshold.
  • Reference
  • http://www.livemint.com/Opinion/Djo1YbEg2ebgHmjqQoHOxI/Upgrading-the-public-education-system.html