Let govt take decision, SC on plea seeking reopening of schools


New Delhi, Sep 20 | The Supreme Court on Monday declined to entertain a plea by a Class 12 student from Delhi seeking directions to Centre and States to take a time-bound decision in connection with the physical re-opening of schools and conduct of offline teaching.

A bench headed by justice D.Y. Chandrachud said it cannot direct states to reopen schools for physical teaching. The bench noted, “We just got out of the second wave (Covid). We don’t know where the spike is?”.

Justice Chandrachud emphasized that children need to go back to school but, it has to be decided by the states.

The bench noted it does not have scientific data nor complete information on Covid spike in the country and added that governments are wary of exposing children to possible infection. The bench also comprising justice B.V. Nagarathna said that court cannot take over governance and decide these issues. “Let governments take decision”, added the bench.

Advocate representing the petitioner contended that malls and restaurants have been opened, and emphasized on the mental and psychological fallout of the closure of schools on the students.

The bench noted that children should not be involved in these matters and emphasized that these issues are fraught with grave complexity. “We don’t think, we should enter here by judicial mandates”, noted the bench, asking the advocate to withdraw the petition.

Petitioner Amar Prem Prakash said he is echoing the sentiments and feelings of a large body of the student community and fraternity of the country, particularly underprivileged and voiceless children. The petitioner said he is aggrieved by the indecision and vacillation on the part of the Centre and states/union territories (UTs), in the matter of re-opening of schools and resumption of physical classes with adequate safeguards.

“Raising this very vital issue regarding the deprivation and ill-effects, both psychological and actual, of school children being kept away from attending their schools physically”, said the plea filed through advocate Ravi Prakash Mehrotra.

Source: IANS

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Share Market Closing Bell: Nifty ends below 16,100, Sensex falls 303 pts

Share Market Closing Bell: Nifty ends below 16,100, Sensex falls 303 pts

Dalal Street found no relief with incessant sell off during the month. Nifty traded on a bearish note and ended at 16025.80 with loss of 99.35 points or 0.62 percent following weak global cues on Wednesday. While Banknifty closed at 34339.50 on the higher side with marginal gain of 49.35 points.

bhaskarlive market closing

The weakness in US stocks is playing out globally with signs of higher inflation, which has spoiled investors’ appetite for the Indian market as well. Rising India VIX to 25.28 has led Indices to big intraday swings on both sides. Sectorally maximum sectors closed on the negative side as Nifty IT and Nifty Media sheds more than 3 percent each. While Nifty Financial Services ended on a positive side gaining 0.68 percent.

In nifty stocks, NTPC, HDFCLIFE, SBILIFE were the top gainers while ASIANPAINT, ADANIPORT and TECHM were the prime laggards. Coming to the OI Data, on the call side highest OI witnessed at 16200 followed by 16300 strike price while on the put side, the highest OI was at 15800 strike price. Technically, Nifty has formed three black crow patterns in the daily chart suggesting bearishness would remain intact. We expect a rise in volatility as well on monthly expiry day.

Riding against the trend may not be beneficial for short term traders. All major moving averages are lying above 16300 levels. Indicators such as MACD and RSI are still struggling to overcome the oversold zone in the daily time frame. Overall, Nifty is having support at 15800 mark while on the upside 16300 may act as an immediate resistance for monthly expiry. While Banknifty has support around 33500 while resistance is placed at 35200 on the daily chart.

Om Mehra
Research Associate
Choice Broking

Source: Choice India


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