NITI Aayog to undertake Evaluation of MGNREGA
The Development, Monitoring and Evaluation Office (DMEO), an attached office of NITI Aayog, has invited bids for Evaluation of Mgnrega, 2005 and is expected to award the contract by December 10, 2024. The consultant will be selected through a two-stage selection process and the duration of the study will be six months from the date of signing of the contract. Key Points
Economic TimesNiti Aayog to evaluate food and LPG subsidy schemes
India's government think-tank, Niti Aayog, will evaluate the country's largest subsidy schemes, the National Food Security Act and LPG subsidy, to streamline spending and prevent misuse. The Evaluation aims to ensure that the benefits of these schemes are reaching eligible individuals. The cost of these subsidies is approximately ₹4 lakh crore per year. The Evaluation is necessary due to slow progress in achieving food security and nutritional outcomes in India, as well as the increasing consumption of LPG in the country.. Key Points
Economic TimesIndia may fix biggest subsidy schemes - food & LPG - that cost Rs 4 lk cr a year
NITI Aayog, the policy think tank of the Indian government, will evaluate the National Food Security Act and LPG subsidy to ensure efficient spending and prevent leakage. The Evaluation will assess the effectiveness of the schemes, which cost the government nearly Rs 4,00,00 crore annually. Despite the significant expenditure, India still faces challenges in achieving food security and nutritional outcomes, contributing to approximately 30% of the global hunger burden. Key Points
Economic TimesNITI Aayog to examine viability of UDAN scheme
As per the RfP document, the Evaluation study will include identifying gaps and challenges in issues related to operations, management and development of airports while providing research and economic perspectives on all aspects of the project. “The Development Monitoring and Evaluation Office (DMEO), National Institution for Transforming India (NITI) Aayog, intends to engage a consultancy firm to support in the Evaluation study of Regional Connectivity Scheme,” it said in the document. Key Points
Economic TimesWhite House takes new steps to study AI risks, determine impact on workers
The White House will hold a listening session with workers to understand their experience with employers' use of automated technologies for surveillance, monitoring and evaluation. The call will include gig work experts, researchers, and policymakers. Key Points
The Indian Express
CBSE may announce the Class 10 and Class 12 result by these dates. Here are details
As per reports, CBSE has completed the Evaluation and checking process of many subjects and the much-awaited result of Class 12 and Class 10 is likely to be announced by the end of April or starting of May. However, there is no official announcement by the CBSE about the result. Key Points
Economic TimesECB raises minimum capital requirements for Spanish banks
The European Central Bank has raised the minimum capital requirements for Spanish lenders BBVA (BBVA.MC), Caixabank (CABK.MC), Sabadell (SABE.MC) and Bankinter (BKT.MC) as part of a supervisory review and Evaluation process (SREP). Key Points
ReutersIndia proposes new law with self-certification for broadcasters, streaming giants
India on Friday introduced a new draft broadcasting law to regulate the sector that will also apply to streaming giants such as Netflix (NFLX.O), Disney (DIS.N) and Amazon (AMZN.O) and calls for formation of individual content Evaluation committees. Key Points
ReutersFood Ministry counters Congress, says fortified rice safe
The Ministry said rice fortification has been adopted by seven countries, including the U.S., since 1958. Key Points
The HinduKSEAB Class 10 results to be announced on May 8
The Karnataka School Examination and Assessment Board (KSEAB) will announce the Class 10 result on May 8, Monday at 10 a.m. Key Points
The Hindu
Amazon CEO cuts 9000 more jobs, informs employees through email: Read full note from Andy Jassy
Amazon has announced second round of layoffs after completing the internal Evaluation of employees. The US-based tech giant is firing 9,000 more employees across the departments. Key Points
India Today