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Lead Story

Cut off point for Class X is off 

Education minister JB Rai announces the government’s decision to do away with the cut off point for Class X students yesterday in Thimphu

In what is a major policy change, the government has done away with the Class X cut off point and announced that all students who have passed the examination would be enrolled in Class XI in public and private schools from this academic session.

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Creation of new SOEs expensive for the state

The establishment of state-owned enterprises during the 11th Plan had put extra pressure on the national coffers in the form of increased capital and current expenditures, grants and subsidies. According to a review on the fiscal sector by the Royal Monetary Authority (RMA), the spending on state enterprises accounted for 15 percent of total expenditure in the 11th Plan.

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More engineers than jobs?

Not long ago, Aum Tshering lamented that none of her six siblings got into Science stream after Class XII and went on to become an engineer. For her, an engineer was a respected and a prestigious job. When her daughter finished high school, she took education loan and sent her to India to study engineering.

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Trade fairs, an expensive affair

Almost 45 percent of the BCCI’s revenue comes from the rental income of events and trade fairs (File photo)

Notwithstanding the revenue generated, trade fairs are an expenditure-intensive affair for the Bhutan Chamber and Commerce and Industry (BCCI). Although, almost 45 percent of the BCCI’s revenue comes from the rental income of events and trade fairs, the Royal Audit Authority (RAA) spotted negligence in exercising due diligence. This was pointed out in the RAA’s recent performance audit report.

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BCCI projects did not benefit its members: RAA

The Bhutan Chamber of Commerce and Industry (BCCI), in the last three decades have achieved nothing significant for human resource development in the private sector, its primary mandate. Instead, the Royal Audit Authority’s (RAA) performance audit, 2018 on the chamber found that Projects implemented by the BCCI do not have clear linkages with its primary objectives and did not benefit its members.

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