Retail inflation in Delhi, J&K more than double national average: ASSOCHAM

Representative image.Representative image.
MANGALURU: The retail inflation may have been hovering at quite a reasonable level of 3.17% for January, 2017 on an all-India basis, but there is no respite for people right in Delhi along with a couple of other states, suffering the price rise at double the national average, with demonetization leaving its possible impact, an ASSOCHAM analysis has noted.

“Against the national average of 3.17%, Delhi had to bear the inflation rate, measured by the Consumer Price Index (CPI) at 6.32%, while it was 7.01% for Jammu and Kashmir (J&K) and 5.92% for Himachal Pradesh,” said the ASSOCHAM analysis of the inflation data.

It also noted that in the rural belt of the national capital, the CPI inflation was close to seven per cent at 6.85%. Similarly the rural areas of Jammu and Kashmir and HP which were quite high on the retail inflation chart, witnessed quite a high rate of price rise in January, 2017 year on year.

In J&K rural and far flung, the CPI inflation was 9.08% and for the similar areas of HP it was 6.17%, adds the ASSOCHAM.

“The CPI inflation for January, 2017 on an all India level is much lower at 3.17% than the one measured on the Wholesale Price Index, at 5.25%. One of the plausible reasons could be the impact of demonetization on the supply chain, “said ASSOCHAM President Sandeep Jajodia.

But, what is more surprising is the huge gap between retail inflation in Delhi and the national average. ” This was not expected at least in Delhi, especially when the phenomenon was not seen even in the neighbouring states of Haryana, UP and Punjab, thought it was slightly over four per cent in these states”, the chamber said, adding the demonetization would have led to supply chain disruption more in the national capital than other states.

source”cnbc”

BEd degree holders from J&K institutions will now be able to teach in Bihar

On Friday, the Bihar cabinet gave a nod to an education department’ proposal of making some necessary amendment in the Secondary and Higher Secondary Teachers¬† Rules. The proposal was to facilitate the validity of the BEd degrees obtained from the educational institutions under University of Jammu and the University of Kashmir.

BEd degree from J&K institutions now valid in Bihar

BEd degree from J&K institutions now valid in Bihar

  • CBSE UGC NET 2017: Answer keys to be released soon at cbsenet.nic.in
  • Rajasthan Board datesheets released at rajeduboard.rajasthan.gov.in: How to check
  • Bihar Paper Leak, again: Here’s how 27 people helped examinees
  • DU: Online portal to be developed to track PhD progress

On Friday, the Bihar cabinet gave a nod to a proposal of the education department regarding making some necessary amendments in the Secondary and Higher Secondary Teachers (Recruitment and Service Conditions) Rules. The proposal was to facilitate the validity of the BEd degrees obtained from the educational institutions under the University of Jammu and the University of Kashmir.

According to a TOI report, after the approval, the Bachelor of Education (BEd) degree from the aforementioned universities will now be valid in Bihar for appointment of teachers in secondary and higher secondary schools. The cabinet meeting was presided over by CM Nitish Kumar.

The Bihar government had earlier refused to recognise the BEd degree from any institutions of Jammu & Kashmir on the plea that northern state does not come under the purview of the National Council for Teachers’ Education (NCTE) that regulates teacher training in the rest of the country.

(Read: 5 world class institutes to be established for minorities: 40 per cent seats to be reserved for girls)

Road Development Vision 2020

The Bihar cabinet also approved a ‘Road Development Vision-2020’ for the expansion of road infrastructure across the state.

“Under the Road Development Vision-2020, all state highways would be widened to minimum of two lanes, while all long-distance district roads would have a minimum width of 5.5 metres,” Principal Secretary (cabinet secretariat) Brajesh Mehrotra told reporters after the cabinet meeting.

He said that renovation will be done for all the dilapidated and narrow bridges/culverts on the roads and RCC bridges would be built for all state roads and major districts roads with regular traffic density.

source”cnbc”