Tag: major

  • ChatGPT fails when it comes to accounting, finds major study

    ChatGPT fails when it comes to accounting, finds major study

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    New Delhi: AI chatbot ChatGPT is still no match for humans when it comes to accounting and while it is a game changer in several fields, the researchers say the AI still has work to do in the realm of accounting.

    Microsoft-backed OpenAI has launched its newest AI chatbot product, GPT-4 which uses machine learning to generate natural language text, passed the bar exam with a score in the 90th percentile, passed 13 of 15 advanced placement (AP) exams and got a nearly perfect score on the GRE Verbal test.

    “It’s not perfect; you’re not going to be using it for everything,” said Jessica Wood, currently a freshman at Brigham Young University (BYU) in the US. “Trying to learn solely by using ChatGPT is a fool’s errand.”

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    Researchers at BYU and 186 other universities wanted to know how OpenAI’s tech would fare on accounting exams. They put the original version, ChatGPT, to the test.

    “We’re trying to focus on what we can do with this technology now that we couldn’t do before to improve the teaching process for faculty and the learning process for students. Testing it out was eye-opening,” said lead study author David Wood, a BYU professor of accounting.

    Although ChatGPT’s performance was impressive, the students performed better.

    Students scored an overall average of 76.7 per cent, compared to ChatGPT’s score of 47.4 per cent.

    On a 11.3 per cent of questions, ChatGPT scored higher than the student average, doing particularly well on AIS and auditing.

    But the AI bot did worse on tax, financial, and managerial assessments, possibly because ChatGPT struggled with the mathematical processes required for the latter type, said the study published in the journal Issues in Accounting Education.

    When it came to question type, ChatGPT did better on true/false questions and multiple-choice questions, but struggled with short-answer questions.

    In general, higher-order questions were harder for ChatGPT to answer.

    “ChatGPT doesn’t always recognise when it is doing math and makes nonsensical errors such as adding two numbers in a subtraction problem, or dividing numbers incorrectly,” the study found.

    ChatGPT often provides explanations for its answers, even if they are incorrect. Other times, ChatGPT’s descriptions are accurate, but it will then proceed to select the wrong multiple-choice answer.

    “ChatGPT sometimes makes up facts. For example, when providing a reference, it generates a real-looking reference that is completely fabricated. The work and sometimes the authors do not even exist,” the findings showed.

    That said, authors fully expect GPT-4 to improve exponentially on the accounting questions posed in their study.

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    ( With inputs from www.siasat.com )

  • Three major elections scheduled in J&K including Panchayats, ULBs, LS: CEO

    Three major elections scheduled in J&K including Panchayats, ULBs, LS: CEO

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    Srinagar, April 23: The CEO J&K said the Election Commission had stated that upcoming elections will be inclusive with special facilities for Persons With Disabilities, and 4-5 type of other physical disabilities like deaf and dumb, blind etc.

    “Now, every Polling Station will know how many persons with disabilities it has and their voting will be facilitated with Braille option, wheel chairs and other requisite facilities. Similarly, citizens above 80 will not be required to wait in queue for casting their votes. They will be called during lean period of voting,” Pole said.

    As far as Kashmiri migrant voters are concerned, their maximum number after Jammu is in New Delhi and the Relief Commissioner has held a camp there.

    An AERO has also been designated in New Delhi and he has been given powers so that the migrant voters don’t face any problems in registration.

    Few days back, Chief Election Commissioner (CEC) Rajiv Kumar had stated that ongoing Special Summary Revision in Jammu and Kashmir will not impact the schedule of Assembly elections.

    He had also mentioned that there is vacuum in Jammu and Kashmir which has to be filled.

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    #major #elections #scheduled #including #Panchayats #ULBs #CEO

    ( With inputs from : roshankashmir.net )

  • EPA set to take on a major source of carbon pollution

    EPA set to take on a major source of carbon pollution

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    The people, who asked for anonymity because they were not authorized to share details about the rulemakings, said EPA had not provided details about the upcoming proposals, though both people said they expected that the regulations would represent progress in combating climate change. CNN reported earlier Friday that the rules would be more stringent than previously planned regulations.

    The EPA had said in January that it expected to issue the rule sometime in April and to issue a final rule in spring 2024. That timeline pushes the agency’s action dangerously close to the 2024 election, after which a Republican president or Congress could seek to undo it.

    The agency is expected to crack down harder on existing natural gas generators than initially anticipated, according to one of the people. The other person said EPA must pair the proposal with environmental and health assurances for communities where power plants are sited, noting that questions about how well new technologies like carbon capture — a potential remedy likely to be included in the proposal — will work.

    The power plant push follows other recent moves by the Biden administration to curb carbon emissions. Last week, EPA floated tougher auto emissions rules that would effectively ensure that nearly two-thirds of passenger vehicles sales are electric or otherwise zero-carbon by 2032.

    On Friday, President Joe Biden issued an executive order tightening environmental reviews for projects in pollution-ravaged communities.

    But environmental activists have also lamented recent administration decisions that benefit the oil and gas industry, which they say undermine Biden’s pledges to push the country off fossil fuels. Those decisions include the Interior Department approval of the Willow oil project in March and last week’s green light to a liquefied natural gas export facility, both of which are in Alaska.

    Natural gas, which has half the carbon intensity of coal, provides the nation’s largest source of power, about 40 percent of the existing electricity output.

    The Biden administration has set a target for 80 percent of U.S. power to come from sources that emit no greenhouse gases by 2030, and for the power grid to be completely free of emissions by 2035. That is part of an effort to keep global temperatures from surpassing 1.5 degrees Celsius above preindustrial levels, a threshold that scientists say heralds widespread irreversible climate damage.

    The proposal, Reg. 2060-AV09, will address both existing and future fossil fuel power plants. One of the people familiar with the administration’s thinking said it is expected to be highly nuanced.

    Its release would come less than a year after the Supreme Court ruled that EPA’s regulatory authority does not allow it to require utilities to shift some electricity production from coal to cleaner-burning gas or carbon-free sources like solar or wind. That strategy, known as generation shifting, was the cornerstone of a major Obama-era regulation known as the Clean Power Plan.

    The high court ruling did not address the exact limits of EPA’s authority, leaving the agency to try again. Without generation shifting, the likeliest method for reducing emissions is requiring some level of carbon capture and storage, a technology that companies are investing billions of dollars to develop but whose effectiveness remains unproven.

    EPA is also expected to strengthen standards for newly built natural gas plants. The Obama administration had set a limit achievable by current technologies, although the agency has recently considered methods for reducing that limit further. Utilities plan to build 7.5 gigawatts of new natural gas capacity in 2023, according to the Energy Information Administration, around 14 percent of all new capacity additions expected this year.

    The Obama EPA also set emissions limits for newly built coal-fired power plants that require at least part of the carbon to be captured and stored. That rule is still in place, although no new coal plants are expected to be built in the U.S., even absent emissions limits.

    The forthcoming rule must also repeal the Trump administration’s power plant regulation, the Affordable Clean Energy rule, which initially was struck down by a federal court but technically went back on the books after the Supreme Court’s ruling last year. That rule required coal plants to consider installing efficiency upgrades that would have achieved little to no overall emissions reductions on their own.

    The Biden EPA rule is still under review at the White House, according to the Office of Information and Regulatory Affairs, which indicates it has at least one more meeting scheduled regarding the rule on Monday with a coalition of major environmental groups.

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    ( With inputs from : www.politico.com )

  • House GOP’s debt-limit plan seeks to repeal major parts of Democrats’ climate law

    House GOP’s debt-limit plan seeks to repeal major parts of Democrats’ climate law

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    McCarthy is eyeing to pass his plan in the House next week, setting up a showdown with Democrats amid worries that the U.S. could default on its debt as early as June.

    The Republicans’ 300-page-plus bill amounts to a legislative wish list of measures that have no future in the Senate, whose Democratic leaders have joined Biden in refusing to negotiate policy changes as part of the debt ceiling. They argue that lawmakers should raise the borrowing cap — and avert global economic havoc — without conditions, as Congress repeatedly did under former President Donald Trump.

    Biden derided McCarthy’s plan during an appearance Wednesday in Maryland, and vowed to reject GOP demands that he roll back his administration’s accomplishments.

    “They’re in Congress threatening to undo all the stuff that you helped me get done,” Biden said during an appearance at a Maryland union hall. “You and the American people should know about the competing economic visions of the country that are at stake right now.”

    Rep. Jared Huffman (D-Calif.) likewise dismissed the Republican proposal. “It’s pathetic,” he said.

    The GOP bill would enact the party’s marquee energy bill, H.R.1 (218), which the House already passed last month. That bill includes an easing of permitting rules for new energy infrastructure and mining projects that Republicans say would promote economic growth, and which might find some appeal among Democrats.

    The Republican proposal also includes more partisan elements of their energy bill, which would mandate more oil and gas lease sales on federal lands, ease restrictions on natural gas exports, and repeal a fee that the IRA imposed on methane emissions from oil and gas operations.

    Republicans have lambasted the IRA’s clean energy incentives, saying they’re wasteful and distort markets.

    “These spending limits are not draconian,” McCarthy said in a Wednesday floor speech ahead of the bill release. “They are responsible. We’re going to save taxpayers money. It will end the green giveaways for companies that distort the market and waste taxpayers’ money.”

    Republicans are seeking to repeal the IRA’s zero-emission nuclear power production, clean hydrogen and sustainable aviation fuel tax credits. Their bill would also eliminate the law’s bonus provisions aimed at placing solar and wind facilities in low-income communities and that allow some entities to receive direct payments of the credits.

    “We have to create situations where traditional, reliable, resilient energy can compete in the marketplace,” Rep. Kelly Armstrong (R-N.D.) told POLITICO. “If that’s getting rid of some of the crazy renewable tax credits in the IRA, I am all for it.”

    Republicans are also proposing to modify several other existing tax credits under the law, including by reestablishing the previous investment and production tax credits for solar and wind that the IRA had extended and increased. The GOP would nix both the production and investments tax credits for green sources after 2024, as well as incentives for paying prevailing wage, using domestic content and placing facilities in communities historically dependent on fossil fuels.

    The proposal would eliminate changes to some tax credits that existed before Democrats’ IRA was enacted, including for carbon sequestration.

    And it would make major changes in the IRA’s electric vehicle tax credit, whose implementation by the Biden administration has taken bipartisan criticism. The GOP proposal would revive a prior $7,500 tax credit for qualifying electric vehicles, but would restore that tax break’s per-manufacturer limit of 200,000 vehicles. It would entirely repeal the IRA’s new incentives for critical battery minerals that are extracted from the U.S. or a close trading partner, and for batteries manufactured or assembled in North America.

    While some moderate Republicans called for party leaders to place a priority on policy measures that could draw bipartisan support — such as overhaul permitting rules — as part of the debt ceiling package, conservatives pushed for more partisan measures targeting Democrats’ climate law.

    But that could put some Republicans in a tricky spot, because many projects that could receive the IRA’s tax credits are set to be built in congressional districts represented by GOP lawmakers. Recent analysis from the American Clean Power Association found that there have been $150 billion in new clean power capital investments since the law’s August passage, including 46 utility-scale solar, battery and wind manufacturing facilities or facility expansions.

    Of the manufacturing announcements tracked by ACP where a congressional district was known, the majority of those facilities were in red districts.

    “There is a lot of stuff in the Inflation Reduction Act that should be repealed,” Rep. Jeff Duncan (R-S.C.) told POLITICO. “But there is some common sense stuff that was in there as well.”

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    #House #GOPs #debtlimit #plan #seeks #repeal #major #parts #Democrats #climate #law
    ( With inputs from : www.politico.com )

  • CFPB says employee breached data of 250,000 consumers in ‘major incident’

    CFPB says employee breached data of 250,000 consumers in ‘major incident’

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    “This breach raises concerns with how the CFPB safeguards consumers’ personally identifiable information,” House Financial Services Chair Patrick McHenry said in a statement. “Republicans will ensure any bad actors are held accountable.”

    CFPB spokesperson Sam Gilford said the bureau has referred the matter to the inspector general and is “taking appropriate action to address this incident.”

    “The CFPB takes data privacy very seriously, and this unauthorized transfer of personal and confidential data is completely unacceptable,” Gilford said. “All CFPB employees are trained in their obligations under bureau regulations and Federal law to safeguard confidential or personal information.”

    Agency staff told lawmakers they had learned of the breach on Feb. 14 in an email notifying them about the “major incident” that they sent on March 21.

    The Wall Street Journal earlier reported the story.

    Rep. Bill Huizenga (R-Mich.), chair of the Financial Services Committee’s investigations panel, asked for a briefing no later than April 25 on the “mitigation and remediation efforts, the scale of the breach, as well as efforts made to give the appropriate notifications” in a letter to Chopra Tuesday.

    “My understanding is that the transfer of records could have possibly implicated more than 50 financial institutions’ sensitive information,” Huizenga wrote. “If these facts prove to be true, the effects could be widespread and injurious.”

    Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee, also pressed Chopra for details Wednesday in a letter requesting his own briefing by May 8.

    Scott said the agency’s recent rule requesting small business lending data — including personally identifiable information — is “highly concerning given that the CFPB has provided limited insight to Congress into the CFPB’s data management practices and efforts to ensure the privacy of consumer and small business data.”

    A spokesperson for Senate Banking Chair Sherrod Brown said the agency “followed protocols” by notifying congressional oversight committees.

    “The CFPB has taken every step required of the agency, and any wrongdoers must be held accountable for misconduct,” Brown spokesperson Alysa James said.

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    #CFPB #employee #breached #data #consumers #major #incident
    ( With inputs from : www.politico.com )

  • BJP awaits PM’s visit to Kerala for major fillip in its outreach to minorities

    BJP awaits PM’s visit to Kerala for major fillip in its outreach to minorities

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    Kottayam: The BJP in Kerala is looking forward to the upcoming visit of Prime Minister Narendra Modi to the state next week in hopes that it would give an impetus to its campaign aimed at bringing minorities into its fold.

    The reason behind the expectation, according to BJP state president K Surendran, is the “flow” of people, especially from minority communities, to join the party.

    Speaking to reporters here on Tuesday, Surendran said the BJP will begin a massive campaign to bring religious minorities into its embrace with Modi’s visit.

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    He said the Prime Minister’s trip to Kerala would be a turning point for the party as even before his arrival, people have started flocking to join it.

    The BJP leader said around 80 persons from prominent families belonging to minority communities joined the BJP in Kottayam district today.

    More are expected to join the saffron party from Pathanamthitta district in the coming days, he added.

    “Kottayam was the beginning. After Prime Minister Narendra Modi’s visit to Kerala, there will be a huge influx to the BJP from the religious minorities,” he said at the reception held here for the new members who joined the party.

    He also said the party has prepared a list of persons whom it wants to invite as members and these are people who are concerned about Kerala’s future.

    Earlier in the day, Union Minister of State for Minority Affairs John Barla met Cardinal George Alencherry, Major Archbishop of the Syro-Malabar Catholic Church at his residence.

    After the meeting, Barla said in a Facebook post that it was “positive interaction”, where many national issues related to the Christian community were discussed along with the mission and vision of PM Modi.

    During the day, he also met with Archbishop Kuriakose Mar Severios at the Knanaya Jacobite Archdiocese at Chingavanam and visited the St Kuriakos Elias Chavara pilgrim centre at Mannanam here.

    Meanwhile, Surendran also said rubber rates will see some changes soon.

    Recently, a senior Bishop — Thalassery Archbishop Mar Joseph Pamplany — of the influential Syro-Malabar Catholic Church had said that if the Centre promised to increase the price of rubber procurement to Rs 300 per kilogram, BJP’s dearth of an MP from the southern state would be addressed.

    His statement had created ripples in the political waters of the state.

    On Tuesday, Surendran said the central government will take a stand favourable for rubber farmers and alleged that it was the state government which was lying to them.

    He urged the ruling Left front to implement what it had said in the poll manifesto regarding rubber pricing and to indicate its stand on the issue of hiking the rubber price to Rs 300 per kg.

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    #BJP #awaits #PMs #visit #Kerala #major #fillip #outreach #minorities

    ( With inputs from www.siasat.com )

  • A major question has hung over Biden’s trip to Ireland: Would he stay forever?

    A major question has hung over Biden’s trip to Ireland: Would he stay forever?

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    “When you’re here, you wonder why anyone would ever want to leave,” Biden marveled soon after his arrival at the Windsor Bar and Restaurant. A capacity crowd had waited for hours to see him in the rustic pub. “Coming here feels like coming home.”

    When presidents travel abroad, they are traditionally tight, focused affairs calibrated with a specific goal in mind: To advance the White House’s interests and shape the place they will soon leave behind. But for three days in Ireland, as Biden roamed the countryside by motorcade with his sister Valerie and son Hunter in tow, the president seemed content to exist within it.

    He met dignitaries and townspeople. He toasted his Irish ancestors, the Irish people, Irish Americans and even the “quite a few,” he said, “who wish they were lucky enough to be Irish.”

    He took a selfie with nationalist politician and alleged former Irish Republican Army member Gerry Adams, as well as with an Irish reporter and nearly anyone else who wanted one. He kissed babies and had a close encounter with a sliotar.

    He butchered the name of New Zealand’s famed rugby team — badly. At one point he tried, unsuccessfully, to make friends with the Irish president’s dog. In a surprise to nobody, he quoted at least three different Irish poets but may have quoted his Grandpa Finnegan even more.

    And all that came before Friday evening, when Biden traveled west across the country to County Mayo, where he recalled “the history and hope and the heartbreak” of his ancestors in front of an estimated 20,000 gathered at a 19th-century cathedral on the banks of the River Moy.

    “Family is the beginning, the middle and the end,” Biden said. “That’s the Irish of it: the beginning, middle and the end.”

    Just hours earlier, Biden had visited the Knock Shrine, a pilgrimage site for Catholics made all the more significant by a chance meeting with the priest who administered last rites to his late son, Beau. The encounter reportedly brought Biden to tears.

    Biden had come to Ireland to reaffirm its close relationship with the U.S. — and to reaffirm his own personal relationship with a place he credits for shaping him. It was here that the criticisms he faces at home seemed to fade away: His age didn’t make him old, it provided him wisdom. His gaffes didn’t make him shaky, they gave him charm.

    Biden has made no secret of his deep fascination with his ancestral origins. And since visiting Ireland as vice president to trace his lineage, he’d eagerly sought a reason to come back. The White House found its justification in the 25th anniversary of the Good Friday agreement that largely ended sectarian violence in Northern Ireland — a U.S. brokered deal that’s served as an integral element of the island’s tight relationship with America.

    Yet Biden spent only a handful of hours in Northern Ireland before jetting off to his ancestral homeland. Combined with the dearth of policy announcements or apparent progress on political priorities, the move raised questions over whether the trip was, as one reporter put it, “a taxpayer-funded family reunion.”

    The White House rejected the characterization, pointing to his speeches and meetings with Irish and U.K. leaders. Biden, though, appeared otherwise determined not to let thorny political demands intrude too much on his mutual lovefest with the people of Ireland.

    The president has answered only a single question unrelated to his visit, on the search for the Pentagon document leaker. The most substantive answer he gave all week to any query came in response to the child who had asked about the key to success — prompting Biden to launch into a winding and often-told anecdote about the late conservative Sen. Jesse Helms and the importance of not judging people’s motives.

    “That’s a long answer to a real quick question,” he conceded, well after the child had lost interest.

    At times, it was tough to tell where Biden as president ended and Biden as tourist began. His tour through the country was sentimental and joyful. During a visit to Carlingford Castle, he peered across the water through gathering fog, chatting quietly with a local guide enlisted to bring him through the last Irish landmark Biden’s great-great-grandfather saw before embarking for America over 170 years ago.

    “It feels wonderful,” Biden said of his emotions upon visiting the site, as a bagpipe and drum ensemble prepared to strike up an original piece entitled: “A Biden Return.”

    In Dundalk, a short ride from the castle through the County Louth where his Finnegan ancestors once lived, Biden bantered with workers at a local market, debating which food and souvenirs to buy. (He left, the town paper later reported, with a bounty: Lemon meringue, chocolate eclairs, bread and butter pudding, pear and almond cake, and a mug with an image of a dog on it.)

    And on Thursday, as he became the fourth U.S. president to address a joint session of Ireland’s Parliament, Biden paused to recognize the familial significance of what he would term “one of the great honors of my career.”

    “Well mom,” he said, looking skyward, “you said it would happen.”

    In between speeches and state dinners, the scenes at times bordered on chaos. Throngs of well-wishers lined Biden’s routes, some stationing themselves mere inches off the road as the motorcade whipped by. Others gathered on highway overpasses in the driving rain, waving Irish and American flags.

    As Biden stopped in local towns and businesses, the tight spaces and swelling crowds caused visible alarm among his Secret Service detail. “A security nightmare,” one agent muttered at one point.

    But Biden, basking in the middle of it all, seemed unconcerned.

    “I wish our mom, Catherine Eugenia Finnegan Biden, were here today. She’d be so damn proud,” he said in the Windsor Bar, surrounded by a mix of relatives, Irish officials and local residents. “Louth held such a special place in her heart, it really did.”

    As the trip wore on and the outside world fell away, Biden appeared to feel increasingly at home — a sentiment he expressed so frequently that some reporters and aides joked he might actually stay.

    “I don’t know why the hell my ancestors left here. It’s beautiful,” he said on Wednesday.

    “I only wish I could stay longer,” he told Irish lawmakers on Thursday.

    “I’m not going home,” he said, admiring the Irish president’s residence.

    Biden, however reluctantly, would eventually have to head home, set as he was to depart the Irish coast late Friday for his family’s adopted shores of Delaware. But well before then, he made permanent his intention to return.

    “Your feet will bring you to where your heart is,” Biden wrote in the guestbook at the Irish president’s residence, in reference to a line he attributed to William Butler Yeats that he said his grandfather often quoted.

    It was a slightly more poetic way of reiterating a pledge that he’d already made at the Windsor Bar, before striding back into the cold, where the crowds stood eager and waiting: “The bad news for all of you is, we’ll be back,” Biden said. “There’s no way to keep us out.”

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    ( With inputs from : www.politico.com )

  •  Supreme Court rejects bid to block major class-action settlement on student debt relief

     Supreme Court rejects bid to block major class-action settlement on student debt relief

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    Conservatives had seized on the case as a way to rein in Joe Biden’s efforts to cancel student debt and attack a potential backup plan to enact mass loan forgiveness if the Supreme Court strikes down his debt relief program in two other pending cases.

    The three college operators were challenging the same law — the Higher Education Act’s “compromise” authority — that is widely seen as a fallback option for Biden. The administration’s existing student debt relief program is tied to the Covid-19 national emergency under a 2003 law known as the HEROES Act.

    Everglades College Inc., Lincoln Educational Services Corporation and American National University argued that the settlement unfairly maligns them. About 3,800 of the colleges’ former students who said they were defrauded are set to receive relief under the settlement, but the schools note that those allegations were never proven.

    The settlement, which the Education Department agreed to last year, came after years of litigation that accused the agency of mishandling and delaying applications by borrowers seeking loan forgiveness based on the misconduct of their college.

    The deal is aimed at wiping out a backlog of hundreds of thousands of those applications, which are known as “borrower defense” claims. Some have languished at the department for years.

    The Biden administration and attorneys who represent the student loan borrowers had argued that the three colleges lacked standing to challenge the settlement in the first place, dismissing the schools’ claims of reputational harm as too speculative.

    In its brief earlier this week, the Justice Department pushed back on the idea that the class-action settlement is related to Biden’s broader debt cancellation program, calling them “entirely distinct.” The settlement “does not reflect any ‘en masse’ cancellation of outstanding debt, nor an assertion by the Secretary of the power to discharge the Department’s entire $1.6 trillion loan portfolio,” Solicitor General Elizabeth Prelogar wrote.

    The decision by the Supreme Court on Thursday sends the case back to the 9th Circuit Court of Appeals, which has already set a briefing schedule to hear the colleges’ appeal of the settlement.

    It’s possible the case could return to the high court after that. The justices’ ruling on Thursday addressed only emergency relief.

    But in the meantime it clears the Education Department to continue processing loan discharges for tens of thousands of borrowers.

    The Biden administration reported on Wednesday that it had already wiped out the debts of about 78,000 borrowers out of the roughly 200,000 borrowers who qualify for immediate relief under the settlement.

    Beyond the immediate loan forgiveness, the settlement also requires the Education Department to set up a streamlined process for tens of thousands of additional borrowers to obtain loan forgiveness.

    Eileen Connor, president and director of the Project on Predatory Student Lending, which represents the class of student loan borrowers in the case welcomed the court’s decision on Thursday.

    “Today’s swift and decisive action from the highest court should end, once and for all, any ongoing debate about the legitimacy of this settlement,” she said in a statement. “The message is clear: the rights of student borrowers will not falter, even in the face of well-funded, politically-motivated attacks masquerading as legal argument.”

    Josh Gerstein contributed to this report.

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    #Supreme #Court #rejects #bid #block #major #classaction #settlement #student #debt #relief
    ( With inputs from : www.politico.com )

  • Budget 2023-24 To Give Major Infrastructural Push To Transform Power, Road Sectors In JK

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    SRINAGAR: The budget 2023-24 will give a major infrastructural push to four core areas of health, drinking water, power and road connectivity aimed at providing succour to the common people and improving developmental parameters of UT at the national level, government said in a statement.

    The budget has earmarked funds for providing Functional Household Tap Connections  to all 18.36 lakh households of Jammu and Kashmir by 2023- 24 with a minimum of 55 litres per capita per day (LPCD) drinking water supply of prescribed quality (confirming to BIS 10500) on a regular, longterm and sustainable basis.

    About sixty water supply schemes are likely to be completed during 2023-24. To bring efficiency in planning and revenue collection, the government will introduce digitalization of consumer records and implementation of an online billing systems in entire Jammu and Kashmir.

    The construction of prestigious Tawi Barrage, an artificial lake project which will boost tourism of Jammu city, will be completed during 2023-24.

    According to the budget document, 6000 Kilometer of blacktopping of roads is expected to be achieved during 2023-24 under all schemes. Besides, 353 new projects worth Rs 1292 crore have been prioritized to be sanctioned under Rural Infrastructure Development Fund (RIDF)-XXVIII with NABARD funding.

    In last year’s budget, safety audit of bridges having completed 20 years was completed and now in this budget Safety audit for the bridges having completed 10 years has to be conducted during 2023-24.

    JK government is also putting efforts on maintenance of road/bridge assets and also for road safety measures.

    The year 2023-24 will see further Improvement in daily hours of power supply with Urban- 24 hours and Rural 22 hours besides a reduction in transformer damage rate, a drop in Transmission and Distribution/ Aggregate Technical and Commercial (AT&C) losses.

    Under Budget 2023-24, there will be an additional length of LT/HT network (1324.073 km) besides renovation and modernization works would be undertaken at existing 220/132 KV Grid Sub Stations apart from protection/ replacement works at critical towers and insertion of new towers.

    To improve power connectivity in remote areas that receive heavy snowfall, Sonamarg will be provided 24×7 power supply during winters with underground cabling through Z-Morh Tunnel  besides underground cabling would be done at Nunwan for reliable power supply to holy cave of Shri Amar Nath Ji.

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    #Budget #Give #Major #Infrastructural #Push #Transform #Power #Road #Sectors

    ( With inputs from : kashmirlife.net )

  • Jammu University Date Sheet for the Major Test of M.A.

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    Jammu University Date Sheet for the Major Test of M.A.

    This is for the information of all the concerned that the Major Test of M.A. Ist semester students session 2022-2023 (Main campus, Ramnagar campus & Reasi campus) will be held as per the schedule.

    Date of Exam: 17-4-23 to 28-4-23

    Timing: 10:30 am

    No. PGD/SOC/23/24-34

    Dated: 11-4-23

    Click link below:

    Date Sheet for the Major Test of M.A. 1st Semester Students session 2022-2023(Main Campus, Ramnagar Campus & Reasi Campus), Department of Sociology, JU

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    [ad_2] #Jammu #University #Date #Sheet #Major #Test #M.A( With inputs from : The News Caravan.com )