Bengal education minister cancels London tour amid WBSSC crisis

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Kolkata, May 21 | Amid the West Bengal School Service Commission (WBSSC) recruitment scam imbroglio, state Education Minister Bratya Basu and education secretary Manish Jain have cancelled their official tours to London.

State education department sources said that Basu and Jain were supposed to leave for London on Saturday to attend a two-day education seminar from May 23, organised by the UK government.

“Some MoUs pertaining to faculty exchange were also supposed to be signed during London visit. However, because of the evolving situation, the education minister felt it necessary to be in the state and hence has cancelled his visit,” confirmed a bureaucrat associated with the state education department who did not wish to be named.

Already, the former state education minister Partha Chatterjee and the current minister of state for education Paresh Chandra Adhikari are under the scanner of Central Bureau of Investigation (CBI) in connection with the scam. The state government initiative of fresh teachers’ recruitment is also under the scanner of Calcutta High Court.

“In such a situation, the current state education minister did not think it wise to leave the country and felt that his presence in the state was necessary. So, he cancelled his London trip,” the state education department official said.

Meanwhile, there had been some changes in the ranks of the state education department. Following the resignation of the erstwhile WBSSC chairman Siddhartha Majumdar in the midst of this controversy, the state government appointed the state education commissioner and Indian Administrative Service (IAS) officer Subho Chakraborty as the new WBSSC chairman.

Another IAS officer Arup Sengupta has been appointed as the new education commissioner.

Source: IANS

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Weekly Fundamental Market Outlook

Weekly Fundamental Market Outlook

Indian share market posted its first weekly gain in Jun by rising 2.7%.

This week, the Indian Stock Market rebounded strongly and ended with first weekly gain of 2.7% in June as a drop in commodity prices offered some relief from broadening inflationary pressures. Copper prices, which are often seen as a bellwether for economic output due to their wide range of industrial and construction uses, are heading for their worst week in a year, while oil prices have dropped over concerns of slumping demand.

While the US recessionary fears are still at the forefront, but the slide in commodity prices has lifted the mood of stock market.Cheaper oil is usually beneficial for oil-importing countries such as India.

Domestically, on sectorial basis, Auto and FMCG are the top gainers, while Metal index is the top losers. On stock basis, Hero MotoCorp, Eicher Motors, Hindustan Unilever, Maruti Suzuki and M&M were the top gainers and Tata steel, UPL, Reliance Industries, hindalco Inds and Coal India were the top losers.

In the next week, investors will keep a close eye on crude oil price movement, commodity prices, US economic activity and the geopolitical development.

 

Post Disclaimer by BhaskarLive.in

The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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