PROGRESSIVE RATIONALIST

The draft EIA notification 2020 created a debate and unrest among the environmental activists after it has been uploaded in the website of the Ministry of Environment Forest and Climate Change. Many articles have been shared in the print media and also in the social media as many YouTubers have voiced about this issue. When I saw the news that the environmental activist organisation Fridays for Future has been slapped with UAPA and their website has been blocked for running campaigns against the new EIA notification 2020 & later it was called back by the Delhi police, I wanted to speak out against the despotism and the irrational environment protection notification. I have some non-conformist opinions about the notification with what others are rising. Environment Impact Assessment UNEP defines EIA as a tool used to identify the environmental, social and economic impacts of a project before decision-making. It aims to predict environmental impacts at an early stage in project plan...

The H1B visa suspension by the US to have Rs 1200 crore impact on Indian IT firms , Crisil ratings said. The coronavirus pandemic has induced protectionism around the world encouraging domestic aspirations. The protectionism adversely affects the migrant labours abroad and in the country. In the globalization era, the protectionism against free movement of labour affects the labours and also leaves the employers to deprive of cheap labours. Also read: Reverse Migration - Stress in the rural economy Protectionism isn't the solution The CoVID'19 has affected the economy and left many jobless but protectionism is definitely not a solution for the revival. The suspension of H1B visas has created a debate and a strong resistance among the tech employers in the US mainly those depended on Indian IT employees. However many experts argue that the visa ban won't help in increasing domestic employment. This kind of protectionism to increase domestic employment is done not only in th...

Cabinet committee has promulgated an ordinance to bring around 1500 cooperative banks under the supervision of RBI. This announcement is expected since the scams exposed in the Punjab and Maharashtra Cooperative Bank last year. The cooperative banks (State and other) are scheduled banks under RBI Act that should submit Cash Reserve Ratio to RBI but doesn't have supervision by RBI in their CEO appointments, auditing and lending ratio. The purpose of the formation of cooperative societies or banks is to serve a small or rural community by the community itself. These banks were the alternative to other commercial banks that denies access to the downtrodden section of the society. But these cooperative banks were not functioning as they wanted to. Since there is no auditing and interference by the central bank, corruption and bribery were increased in these banks. Banks instead of proving loans to the needy, they ended providing a large part of its loans to a single party or a smal...