Reading Time: 7 mins Carbon emission trading is currently one of the popular approaches used by policymakers to mitigate climate change. However, there is a growing number of cases of countries or private players exploiting the flaws or loopholes that exist within this mechanism. Reforming to address these gaps also seems to be a difficult feat as there are interferences from powerful players involved in pollution, making it highly unreliable. Thus, there is a need for a new approach, the one that comprehensively addresses the existing limitations and transparently reduce emissions while also promoting the inclusive economic growth of the countries.
Reading Time: 7 mins Creativity and innovation are the energy source that fuels the growth and development of any knowledge economy. The 21st century, particularly, belongs to the knowledge era and is driven by the knowledge economy. With rapid globalization and liberalization of trade, there has been an emergence of “Intellectual Capital” as a key wealth generator resulting in Intellectual property rights becoming an irreplaceable element.
Reading Time: 6 mins External Affairs Minister S.Jaishankar, on December 9, 2019, introduced Anti-Maritime Piracy Bill, 2019 in the Lok Sabha. The introduction of the Bill comes days after 18 Indians aboard a crude oil carrier were kidnapped off the coast of Nigeria. This Bill provides for stringent punishment, including the death penalty to those who are involved in acts of maritime piracy. It was criticised by the opposition for the inclusion of the death penalty. It was referred to the parliamentary standing committee on external affairs chaired by former Union Minister P.P.Choudhary.
Reading Time: 6 mins The Code on Social Security, 2019 was introduced in Lok Sabha in December 2019. It strives to amend and consolidate the laws relating to the social security of the employees and the matters connected to social security. The bill is with the standing committee now.
Social security refers to measures to ensure the provision of income security and access to health care to workers.
Reading Time: 5 mins
The department of animal husbandry and dairying released the 20th livestock census in October 2019.
What is livestock-
Domestication of animals raised in an agricultural setting to gain labour and products such as meat, eggs, milk, fur, etc.
Livestock rearing, Dairying, Fisheries activities, along with agriculture, are an integral part of human life since the start of civilization. These activities have helped to improve the food basket and to gain draught animal power. As a result of conducive climate and topography, Animal Husbandry, Dairying and Fisheries Sectors have played a prominent socio-economic role in India.
They play a significant role in generating employment in the rural sector, mainly among the landless, small and marginal farmers and women, apart from providing cheap and nutritious food to millions. They act as the ‘‘bank on hooves’’.
Reading Time: 4 mins FASTag is made mandatory for all vehicles, private and commercial, from January 15, 2020. According to the FASTag transactions data released on January 1, 2020, by National Payments Corporation of India, about 6.4 crore FASTag transactions, worth Rs.1,256 crore, were processed in December against 3.4 crore transactions worth Rs.774 crore in November. Paytm Payments Bank issued over 40% of all FASTags in December. Currently, the government is taking the necessary steps to promote it.
Reading Time: 5 mins Horticulture is the branch of agriculture. It is art, science. technology and business of plant cultivation. It includes the cultivation of fruits. vegetables, nuts, seeds, herbs, sprouts, mushrooms, flowers, seaweeds and non-food crops for instance grass and ornamental trees and plants and plant conservation, maintenance, and arboriculture.
Reading Time: 9 mins India, for a long time, had significantly profited from its close ties with Israel and little was done to acknowledge it. However, after the 2017 visit by Prime Minister Narendra Modi, there is a significant breakthrough in the relationship, enhancing the scope of the ties. Subsequently, India has made significant steps in forging a precarious, yet necessary balance in the Middle East, ensuring that the economic and security interests are not threatened.