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News Digest: Collection Of Statistics Act, Pearson, Cisco Report, Sick PSUs

–  The Indian Government has notified the Collection of Statistics Rules on 16th May, 2011 based on the Collection of Statistics Act which was brought into effect on 11th June, 2010. The act  allows collection of economic, social, demographic, environmental and scientific data from industries as well as from individuals and households, and empowers the Central/ State Governments, UT Administrations and the local governments such as Panchayats and Municipalities to collect any statistics. Refusal to furnish information can lead to penalties. Read Press Release.

– Pearson Education India has stated that it intends to tie up with or buy other education service providers to expand base in the Indian market, and is eyeing a market share of 10% within the next 2 years. The company is in talks with various state governments  in India to roll out a teacher training program. Read More at LiveMint.

– According to a report by Cisco, internet traffic will rise to 14.4 exabytes(1 exabyte=1 billion Gigabytes) by 2015 from 1.6 exabytes in 2010. Internet traffic generated in India is estimated to reach 7.7 gigabyte per month by 2015 as compared to 1.4 gigabytes per month in 2010, and that there will be 1 million Internet households in India that will generate more than 100 gigabytes per month in 2015. Read More at GovernanceNow.

– Recommended Reading: T N Ninan: Do a garage sale (Business Standard) – Even in the protected world of India’s sick PSU, it takes a special kind of govt company to lose Rs 8 crore a day, while earning just Rs 10 crore as revenue.

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    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ