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Economy and Finance Current Affairs

NITI Aayog calls for review RTE Act.

The National Institution for Transforming India (NITI) Aayog has called for a review of the provisions of the Right To Education (RTE) Act that stipulate children who do not perform well cannot be held back up to 8th Class.

Industrial production grows 5.7% in November 2016.

India’s factory output, measured by the Index of Industrial Production (IIP) has registered 5.7% growth in November 2016 as against 1.9% in October 2016. It is the fastest growth recorded in more than four years and is largely on account of a low base effect. It also does not display the negative effects of demonetisation as production cycles in manufacturing take longer to adjust to any demand change.

SC refuses to pass judgment on Jallikattu before Pongal.

The Supreme Court has rejected a plea urging it to pass judgement on Jallikattu before the harvest festival of Pongal. It had also dismissed the review petition against its 2014 verdict. Earlier, the apex court had questioned the Union Government for its January 2016 notification allowing use of bulls in events like Jallikattu, saying that its 2014 verdict banning the use of the animals cannot be negated.

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