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, negotiators from 196 countries finalized a rulebook for the implementation of the 2015 Paris Agreement at the climate change conference held in Katowice, Poland. Katowice meet is the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP24). This highlights the strong support among people of all nations for urgent action to avert dangerous climate change.
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.
The Internet of Things (IoT) can become a game changer that India needs as this concept is set to disrupt almost every sector in India from smart cities and telecom to manufacturing and mobility. The rapid development in the IoT leads to the starting of the next digital revolution. However, the Internet of Things throws up many challenges like data safety and privacy. So India needs to push ahead with this concept to kick-start the radical development process with the proper regulatory framework in place to govern IoT.
India’s agricultural sector has seen a considerable threat from climate change and it directly impacts the daily lives of farmers. A study found that climate change could have contributed to the deaths of more than 50,000 farmers or farm workers over the last 30 years. Thus the efforts to make agriculture resilient to climate must be increased and sustained in order to avoid the impacts of a warming world.
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.
Recently, farmers from various regions of the country marched to Delhi to register their protest against the government’s neglect of farmers’ demands. Poor earnings of the farmers led to the never-ending distress in the agricultural sector and this resulted in the increasing number of farmer suicides. These worrying realities call for an appropriate policy response and sustainable alternatives to the current agricultural methods.