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Reserve Bank of India ( RBI) Governor Shaktikanta Das on Thursday said there is a need for coordinated action between the centre and state governments to reduce taxes on petrol and diesel prices. "There is a need for coordinated action between the centre and the states because there are inherent taxes levied by both, " the governor said, adding that calibrated reduction of taxes is important. He, however, said both the centre and the state governments have their revenue pressures and they are required to spend high sums of money to enable the country and the people to come out of the COVID-19 pandemic stress. "So the revenue requirement and the compulsion of the governments are fully understood. But having said that the impact on inflation also is something, which comes in from the fact that petrol and diesel prices do have an impact on the cost of manufacturing, production…, " the Governor said at an event organised by Bombay Chamber of Commerce. On the central bank's digital currency, Das said a lot of work is going on internally in the RBI and some broad guidelines and approach papers will be released on it soon.
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Indeed, when it comes to which groups' interests are inimical to those of vulnerable students, Weingarten's organization tops the list. Teachers unions continue to resist in-person teaching even as kids fall behind in their education and experience worsening mental health, as evidence shows kids transmit the novel coronavirus at a much lower rate than adults — and as we've learned that schools aren't vectors for the disease compared to other community settings. Charter schools like the Success Academy, by contrast, have been delivering high-quality education to poor kids throughout the pandemic — though space limitations imposed by city authorities mean it's online-based. For their trouble, these schools receive nothing but hatred and false propaganda from Weingarten, her Democratic machine allies across the nation and a pliant blue-check media. Who truly serves the children of the poor, and who disserves them? The average family income of a student at a Success charter was $49, 800. And the network as a whole scored better on both math and reading tests than any school district in New York.