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Improved governance can fuel India to be top growth nation: IBM

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New Delhi: India, with improved governance and strong social and physical infrastructure, can become the world’s highest growth nation in the 21st century, revealed an IBM study.

IBM India managing director Vanitha Narayanan released the report “Indian Century: Defining India’s Place in a Rapidly Changing Global Economy” here on Thursday

India is witnessing a transformation that promises to minimise constraints and support economic advancement. The build out of social and digital infrastructure, powered by local innovations, will help India become an integral part of the global ecosystem,

The IBM Institute for Business Value predicted how India could become the world’s highest growth nation in the 21st century.

The study is based on interviews with 1,088 Indian executives across large enterprises (73 percent), start-ups (11 percent), academia (5 percent) and government (11 percent) to get their perspective on opportunities and roadblocks for the Indian economy.

Nearly 51 percent of the Indian executives highlighted improved governance as a key driver for sustainable growth, while social (46 percent) and physical (45 percent) infrastructure were ranked important growth drivers on second and third spots respectively.

Nearly 43 percent executives placed access to capital on the fourth spot and said this key factor has been a hindrance in sustainable growth.

About 40 percent executives backed availability of skilled resources as the fifth key driver to bring sustainable growth in India,

According to the study, India benefits from entrepreneurialism and diversity and is currently ranking as the fourth-largest source of technology start-ups globally.

“A young population equipped with the right skills and growing middle class will reinforce economic activity through increased consumption and investment,” it highlighted, noting that by 2020, India will constitute 30 percent of the world’s workforce and by 2030, the nation is projected to have the largest middle-class population in the world.

Narayanan, in her speech, also emphasised over India’s potential and growth perspective.

The study rightly points out that India has immense potential to leapfrog traditional growth paradigms. If we are able to capitalise on the opportunities present in front of us, the next decade can definitely mark the beginning of the Indian Century,

Based on unique advantages that India has and the recognition that economic transformation is essential for India’s long-term well-being, the country is already on the path of economic advancement, said the study. (IANS)

(Picture Courtesy: www.socialnews.xyz)

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Demonetisation Anniversary: BJP acts cheeky, releases new video showing Frustration of ‘Corrupt’ Politicians following Demonetisation

The one-minute video, which is now going viral on social media, has already been re-tweeted more than 2 thousand times since it was released on November 7, on the eve of demonetization move.

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Demonetisation Anniversary
Screen grab of the sarcastic video released by BJP to mark Demonetisation Anniversary. Twitter

New Delhi, November 8, 2017 : On November 8 2016, every Indian citizen sat glued to their TV screens as Narendra Modi was set to make a big announcement. Outcome? The Indian Prime Minster shocked the entire nation with the introduction of Demonetisation, a move that was to change the very foundation of the cash-dependent Indian economy.

The much-debated move by Modi garnered the attention of several well-versed economists from the country and abroad, alike. While some people willingly welcomed the move, there were others who stood in staunch criticism.

As the move completes its first year, the Bharatiya Janata Party (BJP) is set to observe November 8 as ‘anti-black money day’ to celebrate Demonetisation anniversary in the country.

On the eve of the Demonetisation anniversary, the BJP released a cheeky video claiming to depict how ‘corrupt’ politicians have been criticizing the move, as the nation won following demonetisation.

WATCH BJP’S TONGUE-IN-CHEEK VIDEO

In the video, the BJP attempted to take a dig at corrupt politicians, who have been criticizing PM Modi’s Demonetisation move.

In the video, a woman, playing the character of a frustrated, corrupt politician can be seen going on a rant over PM Modi’s note ban initiative, which was aimed to combat black money, corruption, fake currency and terrorism.

The video ends with a voice-over saying demonetisation has not only brought out this frustration of corrupt citizens, but also black-money, claiming that almost 99 per cent cash which was previously lying hidden with people has now entered the banking system.

The one-minute video, which is now going viral on social media, has already been re-tweeted more than 2 thousand times since it was released on November 7, on the eve of demonetization move.

Ahead of the Demonetisation anniversary, the last few days have witnessed several leaders present their opinions on PM Modi’s demonetization move.

Finance Minister Arun Jaitley called PM Modi’s note ban initiative a ‘watershed moment’ while Piyush Goyal, Minister of Railways believes the move has pushed India towards a more transparent economy.

However, the move is being criticized by ex-Prime Minister Manmohan Singh calling it ‘irresponsible’. The opposition maintains that PM Modi’s note ban initiative has caused reckless damage to the country and the Indian economy.

On Demonetisation anniversary, the BJP is set to observe November 8 as ‘anti-black money day’, while opposition leaders are set to observe the day as ‘black day’ in protest against the note ban initiative.

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Divert a Portion of Peacekeeping Budget to Under-Funded Peace-Building Activities: India

India highlights huge mismatch b/w funds for peacekeeping & peace-building among challenges for sustaining peace

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un human rights council
UN General Assembly elect 15 new members of Human Rights Council. Wikimedia
  • The 2017-18 UN budget for peacekeeping operations is $7.3 billion
  • Peacekeeping operations rely on the deployment of troops contributed by member-nations to try to physically prevent conflict
  • Peace-building and finding political solutions require civilian developmental, diplomatic and institution-building resources

United Nations, Aug 30, 2017: India has suggested diverting a portion of the peacekeeping budget to the under-funded peace-building activities because there can be lasting peace only with development and political solutions.

Criticising UN peacekeeping, India’s Deputy Permanent Representative Tanmaya Lal called on Tuesday for reforming the operations to align them with peace-building objectives and finding political solutions to conflicts — a view shared by UN experts and several countries, including the US.

“There is an obvious lack of appropriate investment into the political dialogue and a huge mismatch between resource allocation for peacekeeping and peace-building,” he told a Security Council debate on peacekeeping and sustaining peace.

While this problem was acknowledged, only lip service was paid finding the resources, he said.

Lal noted that only meagre resources are now available for development programmes and peace-building is allocated less than one per cent of the funds set aside for peacekeeping.

The 2017-18 UN budget for peacekeeping operations is $7.3 billion.

Therefore, he said: “We may consider whether the allocation of an appropriate percentage of funds from the peacekeeping budget to activities related to peace-building and sustaining peace in those situations could be an option to move forward to achieve sustaining peace in the various intra-state conflicts we are facing.”

“The long extending peacekeeping missions that go on for decades and elusive political solutions remind us the need to focus on long-term investment in sustainable development or institution building and inclusive political processes,” he added.

While peacekeeping operations rely on the deployment of troops contributed by member-nations to try to physically prevent conflict, peace-building and finding political solutions require civilian developmental, diplomatic and institution-building resources.

Lal welcomed Secretary-General Antonio Guterres’s idea of ensuring greater cooperation between different departments of the UN, in particular bringing together the department of political affairs and peacekeeping operations for closer internal coordination, to effectively carry out its role of ensuring peace and security.

The Chair of Advisory Group of Experts on UN Peacebuilding Architecture Review, Gert Rosenthal, pointed out that organisationally the responsibilities for peacekeeping and development were split between the Security Council and the Economic and Social Council and the General Assembly.

“While there is considerable overlapping in carrying out these functions, generally the traditional ‘pillars’ of peace, human rights and development do operate in the proverbial ‘silos’ we all sadly have become accustomed to,” he said.

Also Read: UN Human Rights Chief Urges Iraqi Government to help Victims of Islamic State (ISIS) Sex Abuse 

“Peacekeeping missions alone cannot produce lasting peace,” US Permanent Representative Nikki Haley said.

“They can help create space for peace to take hold, but they must be a part of a larger strategy of coordinating the resources of the UN to prevent conflict to begin with and to address its causes,” she said.

Haley called for “a larger strategy of coordinating the resources of the UN to prevent conflict to begin with and to address its causes”.

Deputy Secretary-General Amina Mohammed said that the Security Council should set realistic, up-to-date mandates that also have the flexibility to evolve over time.

“Looking ahead, we must work together to ensure that peacekeeping lives up to its full potential as an essential tool for sustaining peace, not in isolation, but as part of our new, integrated approach,” she said.

Lal also drew attention to a major challenge to peacekeeping which has changed its very nature — armed conflicts taking place within a country often involving non-state actors and international terrorist networks.

A member of the UN’s High-level Independent Panel on Peace Operations, Youssef Mahmoud, acknowledged this fact. He said: “Given that the drivers of instability tend to be transnational in origin and effect, the analysis should assess the drivers of peace and conflict from a regional perspective.” (IANS)

 

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Inspired by Sunflower, Solar Energy ‘Flower’ Device with 12 solar power panel Petals Harvests Clean Energy

The solar panel unit is designed by drawing inspiration from the structure of a sunflower

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Solar power panel
The Smartflower System. VOA
  • Built with the aesthetic structure inspired by a sunflower, the stunning device is engineered with 12 solar power panel petals
  • Each of the power unit of the solar panel is easily commutable
  • The very first ‘Smartflower’ system was set up at a school, in order to show people the necessity of using clean energy

Washington, August 15, 2017: It is not a piece of modern art even though it looks so, but in the land of Philippines this magnificent piece of device is actually an award-winning piece of the solar power device. It is designed by drawing inspiration from the structure of a sunflower. Built with the aesthetic structure inspired by a sunflower, the stunning device is engineered with 12 solar power panel petals of which, each is built with an area 59 square meter. The device attracts the energy of the sun, soaking the solar power from the light-rays as the power petals oscillate during the day.

ALSO READ: US Researchers develop Novel Brain Imaging Technology that can “Read Minds”, Identify Complex Thoughts

The president of the ‘Smartflower Pacific’- John McEnroe was quoted as saying to VOA News that people can showcase to his friends, business partners, colleagues, and competitors, with the aspect of this device that they are wholeheartedly dedicated and committed to the cause of going green, by means of sustainable development approaches.

Each of the power unit of the solar panel is easily commutable. To the surprise of people, it has been engineered and programmed to function autonomously. During the sunrise the system opens and “blooms” to expand the petals in order to soak the energy from the light-rays of the sun. It also shuts down on its own during sundown, closing its power petals past the sunset. It is engineered with supreme sensors that can detect a bad weather and shut down on its own, such as- during heavy rain.

The very first ‘Smartflower’ system was set up at a school, in order to show people the necessity of using clean energy, mentioned VOA report.

Arnold Capuloy, from the De La Salle Lipa School was quoted as giving a statement to VOA that in order to share with people their ideology and their advocacy, as to the reason for using such a device, is the cause of introducing the device to the public by displaying it in a school for the first time. The students are also quite enthusiast and feel the same way.

Electrical Engineering student Christien Becios was quoted as saying “we really want to save the energy and also the environment at the same time”. Even though half the power in Philippines is generated by using other resources- the ‘Smartflower’ technology offers a cleaner option for generating electricity. Not only that, but it is also a renewable, sustainable, and eco-friendly source of electricity.