There is s relief for India, which has come from the International Monetary Fund. Actually, the number of people living in extreme poverty in India has remained very less. According to the new working paper of IMF, the figure for such people is now less than one percent. Along with this, it has been said in the report that the scope of inequality has also been reduced. Inequality at a 30-year low This working paper of the International Monetary Fund has been prepared by economists Surjit Bhalla, Arvind Virmani and Karan Bhasin. It states that the number of extremely poor people in India has remained stable at this level even during the crisis period of the Corona pandemic. Economists said that the level of inequality in the country has reached the lowest level in 30 years. The paper adde
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There is a terrible period of cold war that is going on between America and Russia. US President Joe Biden is calling his Russian counterpart Vladimir Putin not only a brutal dictator but also a killer of humanity with "adjectives". In response, Putin is answering them with his own strategy. But at the same time, India is also not caring much for American concerns and resentment. India did not listen to America in other matters including import of crude oil from Russia. Foreign policy experts are justifying this move of India. Diplomatic experts say that after many decades, India has not cared for America's displeasure. Senior journalist Ranjit Kumar, who has knowledge of foreign affairs, says that India is showing understanding. It is not good for India to bow to American pressure. ...
Read MoreA divisive issue in politics, the liberation of women has always been a source of contention, and the TMC's current leadership has further fueled the flames of this debate. In the Rajya Sabha, the upper chamber of the Indian parliament, Derek O'Brien, the TMC's floor leader, has tabled a motion urging the government to introduce a Women's Reservation Bill. When the United Front government first brought it to Lok Sabha in 1996, it was finally approved by the legislature. In 1988, 1999, and 2008, there were three further efforts to have it approved; the last was in 2008. It was finally signed into law in 2008. Following a comprehensive review, it was submitted to the Lok Sabha in 2010 and adopted by the Upper House after being subjected to further scrutiny. The 15th Lok Sabha, ...
Read MoreDuring the year 2020, the pandemic had a significant influence on tourism, which is Sri Lanka's most important source of foreign currency profits. This prevented it from continuing its business of importing or exporting services owing to the country's financial difficulties. A poor foreign exchange economy had resulted in significant shortages of paper and LPG in the nation, which had exacerbated the situation. Because Sri Lanka is primarily dependant on other countries for important commodities such as food, paper, lentils, pharmaceuticals, machineries, and other transportation equipment, the island was facing significant shortages of paper and LPG at the time of the shortage announcement. Sri Lanka owes more than $6 billion in foreign debt in dollars, the most bulk of which is ...
Read MoreIn recent weeks, the price of gasoline in retail sectors has continued to grow after continuously increasing since March 22. In order to compensate consumers who are experiencing quickly rising fuel expenditures, the price of gasoline has been squeezed even more. The increase in gasoline costs continues to startle consumers, but they are no longer shocked since they have gotten several warnings about the increase in pricing. The price of roughly 80 paise was raised on a daily basis, much like an alarm clock that was snoozed in the morning, leaving the general people perplexed and baffled. Petrol prices will rise in accordance with the previous 15-day record set by oil marketing corporations regulated by the government, with the new prices taking effect at 6 a.m. on Monday, April 15. ...
Read MoreChief Minister Yogi Adityanath's initiative toward making Uttar Pradesh's economy number one in the country is paying off. Now instead of searching for jobs, the youth of the state are also becoming job givers. Uttar Pradesh has become the first state to provide maximum investment and employment under the Prime Minister's Employment Generation Program (PMEGP) in the country. This achievement has been recorded despite the global pandemic of Coronavirus and the assembly elections held in the state. CM Yogi has played a big role in changing the condition and direction of the state which is counted as a BIMARU state in the last five years. More than 21 new policies of various departments have been implemented in the state and it has risen from 14th to the second rank in Ease of Doing...
Read MoreMeat Ban In South Delhi To Hijab Ban In Karnataka: BJP’s Nature Of Controlling Under Religious Umbrella
The latest controversy is the Meat Ban in South Delhi during the Navratri. This news comes in from the mayor of South Delhi, Mukesh Suryan. Along with this, he says that fines will be imposed on the violators, as South Delhi MCD decides to close meat shops and sales of non-veg food in restaurants. Well this is not the first time that such orders are issued keeping the religious agenda above anything else. Like the Hijab controversy, Azaan loudspeaker Ban controversy, etc all such issues are mainly based on a Hindu Vs Muslim backdrop. Why Ban On Constitutional Rights Is Dangerous? Ban on any of the basic constitutional rights is a serious violation of fundamental rights. Moreover, when any ban is justified with religious teachings it becomes a part of our social and ethical discussions...
Read MoreRecently, Securities and Exchange Board of India (SEBI) noted that the National exchange (NSE), the country's largest equities and derivatives exchange could be a systemically important market infrastructure institution (MII). When we see Stock exchanges, depositories and clearing houses ,they are all Market Infrastructure Institutions and constitute a key a part of the nation's vital economic infrastructure. According to a panel founded (in 2010) under the chairmanship of former bank of India Governor Bimal Jalan, the term ‘market infrastructure’ denotes such fundamental facilities and systems serving this capital market. Whereas when we talk about the primary purpose of the securities /capital market is to enable allocation/reallocation of capital/financial resources. MIIs help...
Read MoreWomen’s Safety In Unorganised Sector: A Matter Of Debate Amid Lower Participation Rate
Some measures which will be implemented immediately include sensitising informal sector workers on gender-based violence and informing them in simple language about the laws that cater to such violence. The Female Labour Force Participation rate, already low in India, received an extra setback with the pandemic. Women were the primary ones to lose their jobs once the lockdown was announced, two years ago, and they are yet to induce into the labour force. the feminine labour force participation rate was at 9.4 per cent for the amount between September-December 2021, per the Centre for Monitoring Indian Economy (CMIE). This is often an all-time low female labour force participation rate since 2016 when the information was first compiled. In understanding the rock bottom female l...
Read MoreCentre Passes Criminal Identification Bill 2022 Despite Opposition’s Resistance
The Criminal Procedure Identification Bill passes the Lok Sabha, despite the opposition resistance, in the House. Although, the bill is ready to go to the Standing Committee. Amit Shah, in the House, said that the "government will do everything to ensure there is no misuse of the law". As the opposition parties are raising many doubts regarding the misuse of the data. Along with that, it's a breach into personal life. Not only that, the voice voting procedure is used to make the bill a law. How Criminal ID Bill Is Useful? The Bill is going to replace the Identification of Prisoners Act 1920. While addressing the House, Shah says that the Bill is designed to keep the investigators ahead of the criminals. So, that justice can be done in a more precise manner with the use of technolo...
Read MoreRecently, the centre has approved the countrywide implementation of the Ayushman Bharat Digital Mission (ABDM) with a budgetary allocation of Rs 1,600 crore for five years. Under the mission, citizens are able to create their Ayushman Bharat health account numbers, to which their digital health records are often linked. Ayushman Bharat could be a flagship scheme of India which was launched as recommended by the National Health Policy 2017, to attain the vision of Universal Health Coverage (UHC). Ensure easy doing business for doctors and hospitals and healthcare service providers. This program also will enable access and exchange of longitudinal health records of citizens with their consent. Create integration within the digital health ecosystem, like the role played by the Unifie...
Read MoreRussia-Ukraine War: Sanctions On Life-Saving Drugs Likely To Create Miseries For Humanity
Putin might not be swayed by the suffering of individuals. Any interruption of the supply of medicines can create human misery with no gain. In response to Russia’s invasion of Ukraine and overwhelming destruction of property and loss of innocent lives, a variety of western companies – from Mcdonald's to Apple – stopped or severely limited their activities within the country. One glaring exception appears to be the bulk of western pharmaceutical companies that still supply medicines and equipment. One glaring exception appears to be the bulk of western pharmaceutical companies that still supply medicines and equipment. Western countries that imposed crippling sanctions on the Russian economy aren't technically at war with Russia. Therefore, unless directed by their governme...
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