News digest: 10% quota for upper caste poor, Bandhan buys Gruh, and more

The Modi government plans to include criteria of economic backwardness by amending Articles 15 and 16

1. 10% quota for poor in general category: Rao failed, will Modi succeed?

All previous attempts at carving out a quota in jobs and education for the economically backward in the ‘general’ category, including the Hindu upper castes, have failed to pass legal muster. The most famous case was when the P V Narasimha Rao government proposed a 10 per cent reservation for such sections in September 1991. Read more here

2. Govt pegs FY19 GDP growth at 7.2%; estimate lower than RBI prediction

The economy is likely to grow at a slower pace in the current financial year (2018-19,