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.
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.
According to the Asia-Pacific wealth report, Japan’s richest persons have the largest wealth accumulation in the Asia-Pacific region, however, Chinese millionaires are also catching up to them. Meanwhile, Indian millionaires are adding wealth at the fastest in the region, which India can take pride in it. But the reality is that the bottom 60%, the majority of the population, owns less than 5% of the country’s wealth. This growing inequality threatens to destroy the fabric of Indian democracy.