drop

Post scam, sharp drop in scholarship beneficiaries in Jharkhand

Almost a year after an investigation by The Indian Express uncovered a pre-Matric scholarship scam in Jharkhand involving fake beneficiaries, official data shows that the number of beneficiaries of the Centrally-funded scheme for poor minority students reduced by more than 85% in the academic year 2020-21.

During the same period, the number of applicants for the pre-Matric scholarship reduced by only 22% — under the scheme, students of classes 1 to 4 receive Rs 1,000; and students from classes 5 to 10 receive Rs 5,700 (day scholars) and Rs 10,700 (those in hostels).

The data suggests that while there was

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A drop in China’s unemployment rate hides a lack of jobs | Business and Economy News

China’s unemployment rate has steadily dropped from last year’s pandemic peak though a lack of jobs for graduates and a shortage of skilled manufacturing workers point to underlying problems in the labor market.

The urban jobless rate fell to a two-year low of 5% in May, official data showed last week, but unemployment for those between the ages of 16-24 — which captures graduates from school and college — was more than double that at 13.8%.

Anecdotal reports suggest a mismatch between jobs and skills in the economy, which could prevent the jobless rate from falling much further. Part of

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University of California must drop SAT, ACT scores for admissions and scholarships

FERMIN LEAL/EDSOURCE TODAY

The University of California will no longer accept SAT or ACT scores for admissions decisions, even on an optional basis.

The University of California will no longer consider SAT or ACT scores in admission or scholarship decisions under a settlement reached Friday with students.

The university’s Board of Regents committed last year to stop requiring the exams in admissions, but Friday’s settlement puts to rest questions about whether the system would use the

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