Ujwal DISCOM Assurance Yojana (UDAY) is the financial turnaround and revival package for the electricity distribution companies of India (DISCOMS). It was launched with an aim to find a permanent solution to the financial struggle of the power distribution companies. However, even after 3 years of its implementation, the discoms continue to perform poorly. Therefore, urgent reforms are needed to address this issue and strengthen the power sector in India.
Recently, Indian firm “India Ports Global Limited” took over operations at the Shahid Behesti Port in Chabahar, Iran. The representative of India, Iran, and Afghanistan met and finalized the routes for trade and transit corridors between the three nations. An event has also been planned on February 26, 2019, to promote and popularise the potential of Chabahar port.
Recently, hundreds of activists from different parts of the country gathered in New Delhi to oppose the proposed amendments to the RTI Act and demanding operationalization of anti-corruption laws. They highlighted that the government is undermining the RTI Act by means of the proposed amendment bill and also by not appointing information commissioners.
Recently, the Lok Sabha has passed the Surrogacy (Regulation) bill, 2016 which prohibits commercial surrogacy and allows only altruistic surrogacy. The bill seeks to protect the rights of the surrogate mother and the child born from surrogacy and promotes ethical surrogacy. However, it falls short of addressing certain key concerns regarding the surrogacy in India.
Recently, various state governments have announced farm loan waiver worth Rs. 850 million. This can negatively impact banks’ credit offtake (commercial loans) and cause further stress and amount to another agrarian crisis.
Recently, the Lok Sabha has passed the Transgender Persons (Protection of Rights) Bill, 2016 with some amendments. The bill aims at empowering the transgender community in the country by giving them a separate identity. The main objective of the bill is to define transgender and prohibit discrimination against the transgender community. However, it falls short of addressing certain key issues being faced by the community.
PM Jan Dhan Yojana (PMJDY) has made sure that the universal access to a bank account a near reality. However, the level of utilisation of such accounts is very low, which calls for promoting financial literacy in the country as well as radically reforming the financial inclusion agenda.
There is a growing support for abolishing capital punishment in India and it needs serious consideration since, on the other side, there has been a nationwide outrage over the series of incidents of sexual assaults of minor girls, like the one in Kathua. The Supreme Court itself admitted on many occasions that there are a confusion and contradiction on the application of the death penalty.