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K Kasturirangan panel for National Curriculum Framework (NCF)

The Centre has started the process to revise school textbooks by appointing former Indian Space Research Organisation (ISRO) chairman K. Kasturirangan as the head of a 12-member steering committee responsible for developing a new National Curriculum Framework (NCF). Dr. Kasturirangan also chaired the drafting committee for the National Education Policy, 2020 which recommended the development of a new NCF. The steering committee has been given a tenure of three years to complete its task.

ADB cuts India’s GDP growth forecast in 2021-22 to 10%

The Asian Development Bank has cut its forecast for India’s GDP growth in 2021-22 to 10%, from 11% projected earlier, with downside risks dominating the economic outlook. The ADB also sees rising input costs fuelling inflation to a faster 5.5% pace, than the 5.2% previously estimated. While the COVID-19 second wave had disrupted the recovery since the ADB’s April forecast for 11% growth, the Bank expects the economy to ‘rebound strongly in the remaining three quarters and

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