US WELCOMES UK’S HUAWEI BAN AND RELIANCE JIO PRAISED BY POMPEO

The United Kingdom has banned Huawei from its 5G network after December and the already installed gear would expect to be removed from the networks by 2027. United State government welcomes the UK’s ban from future 5G networks and also praises Jio for prohibiting Chinese companies’ types of equipment. It could mean the tower of 5G is delayed for two to three years and may cost up to 2 billion pounds.

 “We welcome news that the UK plans to ban Huawei from future 5G networks and end untrusted Huawei pieces of kit from existing networks. With this decision, the united kingdom joins a growing list of nations from round the world that are standing up for his or her national security by prohibiting the utilization of untrusted, high-risk vendors,” Pompeo said in a statement.

 Huawei is considered to be a pivotal issue in the geopolitical war between China and the US which claims the firm poses a significant cybersecurity threat and data can be stolen. It is a major U-turn after the Prime Minister said in January that the Chinese firm could be allowed a limited role in the future of faster technology but the American President, Trump pressured the UK to ban Huawei.

“The government agrees with the national cybersecurity sensor advice the simplest way secure our networks is for operators to prevent using new affected Huawei equipment to create the UK’s future 5G networks so from the end of this year telecoms operators must not buy any 5G types of equipment from Huawei.”- UK’s digital secretary, Oliver Dowden said.

The decision is an addition to a new feather in a cap of American government, which has been pushing allies to washout Huawei from their 5G networks, claiming that the Chinese firm is untrusted to national security. Chinese administration may lead to counter-attacks against Nokia and Ericsson if European countries move to ban Huawei.

 “Listening to all or any the rhetoric it had been clear the United Kingdom had succumbed to pressure from China hawks bashers,” said Liu Xiaoming, the Chinese ambassador to the United Kingdom.

 He also hoped that Chinese students would still be welcomed in the UK and also added that China was not seeking an Economic decoupling.

On the other side, Secretary of state, Mike Pompeo praised clean carriers like Jio in India.

 “We will still work with our British friends on fostering a secure and vibrant 5G ecosystem, which is critical to transatlantic security and prosperity.”- Pompeo added.

Donald Trump has also appealed to the Indian Prime Minister and other world leaders to ban the company. Reliance Chairman Mukesh Ambani had told Trump about Jio is the only network in the world to not have a single Chinese component. He also announced that it has developed 5G telecom solutions and it will be ready for trials as soon as the 5G spectrum is available.

 “India’s clean app approach will boost its sovereignty, national security.”- stated Mike Pompeo on India’s decision to ban 59 Chinese applications.

                                                                          -Saswati Chattopadhyay

TWITTER ACCOUNTS GOT HACKED : BITCOIN SCAM

On Wednesday, 15th July 2020 around 4:00 PM dozens of prominent personalities’ twitter account in America was hacked including – Joseph R. Biden Jr., ex-president Barak Obama ,Kanye West, Bill Gates and Elon Musk 

Not only this but also the same message was posted on twitter “send bitcoin and famous people will send back double your money.” Initially, the hacker attacked the prominent cryptocurrency leaders and many  companies but as soon as list came up the hackers main target were people from Hollywood industries, politics  and other famous personalities.

For prevention, twitter has deleted the bitcoin message from many accounts but after deleting the message is still been posted again and again through this practice hacker and is symbolizing Twitter as powerless and in no control of their app. For a few hours, Twitter has shut down some of their services due to which verified users will not be able to tweet.

Twitter posted a tweet saying “you will unable to tweet or reset the password while we review and address the incident.” They also informed the users that at 8:30 PM they will able to use all the services of Twitter.

Twitter’s spokesman also acknowledged “We’re looking into what other malicious activity they may have conducted or information they have accessed.” Moreover, he also added “we’ve taken significant steps to limit access to internal system and tools while we are investigation is ongoing” 

The chief executive of Twitter – Joe Biden on Wednesday night posted on twitter “tough day for us at Twitter. We all feel terrible this happened. We’re diagnosing and will share everything we can when we have a more complete understanding of exactly what happen.” 

One of the culprit behind this hacking is speculated to be North Korea as they have been shown to possess documents of using Bitcoin in their past history, but according to some this might be acchildish reason for doing so. Also, according to American Intelligence Agency this work is  likely to be of an individual hacker rather than a state. The hacker did not attack on the account of most powerful user ‘President Donald Trump’ and after this incident his account is under special security.

Mr. Stamos said “It could have been much worse. We got lucky that this is what they decide to do with the power” 

According to Mr Stamos, the hacker/hackers have committed some mistake as they sent the same message from every account which makes it easy for them to detect and delete. Also, as they ask money through bitcoin this shows that they are unwilling to use the accounts of prominent personality for the big scam. 

Well, at last, it is very disappointing as Twitter is one of the most used social media platforms and still they do not have proper security which may cause a problem in the future.

                                                      By: Anjali Sharma 

Rising population: The major concern for the nation

 One of the gravest advancement gives most developing nations in the world are confronting is population. According to United Nations populace measurements, the total population rose by 30% somewhere in the range of 1990 and 2010 which is an alarmingly high rate. The unreasonable populace has different unfavorable impacts remembering undue weight for the natural resource. Likewise, the populace is certainly not an all universal challenge. It is explicit to countries whose economies have yet not accomplished maximum capacity and advancement.

     India’s en route to being the world’s most populated nation. This is bad news The rising populace is a worldwide issue today. India is the second-largest nation on the globe after China. Every seven individual on the globe is an Indian. Because of the blast of the populace in India and Gujarat, day by day issues can be seen. In India, the progression of the population rise is by all accounts seen that in the year 1891, the total populace of the nation was 23 crores 60 lakhs; in 1901, it was 23 crore 83 lakhs. Hence the number of inhabitants in the nation expanded by 23 lakhs in 10 years. That is, the yearly rise in the populace was under 2 lakhs. In 1991, India’s populace was 25 million and 20 million. Also, in 10 years the number of inhabitants in the nation was added to 1 corer 37 lake individuals. That is, the yearly development in populace is more than 11 lakhs. In any case, in 1921, the number of inhabitants in the nation diminished by 7 lakes 72 thousand individuals. Subsequently, in 1921 the number of inhabitants in India was moderate and whimsical After 1921 fast and consistent populace development is occurring in India. Consequently, the year 1921 is alluded to as the “great Year of the Year”. In the three decades somewhere in the range of 1921 and 1951, India’s populace has expanded by 2.7 crores and 4.24 corers individually, and the nation’s populace was 25 crores in 1921. It expanded to 36 crores in 1951; the number of inhabitants in India in the 50-year gala followed by 7.81 crores every year, 10.9, 13.3, 15.8 lastly in the 1991-multi decade, more than 18 crores populace was included. Accordingly, after 1921, there is a quick population rise in India. The number of inhabitants in 1901 was 23 crores 83 and it was 63. In the year 1963, it has been multiple times. The number of inhabitants in 43 crores lakhs of 1961, two in 1992, two of every 41 years. In 1951, India’s populace was 36 million, 10 lakhs, in 53 years, in 2004, there were three multiple – 108. This ago, India’s populace took 90 years to multiple times.

The current populace of India is 1,380,456,029 as of Tuesday, July 14, 2020, given Worldometer elaboration of the most recent United Nations information.

India 2020 populace is assessed at 1,380,004,385 individuals at midyear as per UN information.

India populace is proportionate to 17.7% of the complete total populace.

India positions number 2 in the rundown of nations (and conditions) by the populace.

The populace density in India is 464 for every Km2 (1,202 individuals for each mi2).

The all-out land area is 2,973,190 Km2 (1,147,955 sq. miles)

35.0 % of the populace is urban (483,098,640 individuals in 2020)

The median age in India is 28.4 years.

Our population will be at the top in world population graph by 2060

In the mid-2020s; India’s populace is expected to surpass China’. India’s populace will peak at 1.65 billion of every 2060 and start plunging after that as indicated by UN projections, however, a few demographers anticipate that the decrease should start decades sooner. Africa, notwithstanding, will keep on becoming as the century progressed, hitting 3 billion during the 2060s.

Why is it necessary to control our population?

Overpopulation is a trouble that can be fathomed distinctly with an apprehension of the natural resources and its interaction with individuals. The development of a national Indian arranging commission for populace control is seen as fundamental for propelling all individuals to reduce population size.

Without populace control, a blast of the population will occur and as an outcome, access to the fundamental needs of human presence will be significantly harder to get. Monetary development will be influenced if populace development goes unchecked.

Populace rise has two measurements: it is as a chance to accelerate monetary development, yet also, burden if it isn’t overseen appropriately.

 Population growth has two dimensions: it is as an opportunity to accelerate economic growth, but also a burden if it is not managed properly.

In the event, if we care about the ecosystem systems, other life on this planet we would control our populace rise. Our blossoming sapiens populace demands a tremendous measure of land, for the regular asset, for land for agribusiness to take care of ourselves, land for urban areas, this land and land use dislodge wildlife and natural surroundings. loss of habitat IS the main explanation species become wiped out, today!

Measures to control the rising population

The following are the best functional methods which can be utilized to control population rise:

Education

Education structures the foundation of an individual and economy. When instructed individuals know and comprehend the damages which a high population rise rate has. Educating, particularly women education, can do some amazing things in controlling the populace. An informed man and lady can promptly comprehend the advantages of a nuclear family. Without adequate instruction, most estimates like awareness campaigns and women strengthening will end up being deficient and inconsequential.

Delayed Marriages

The issue of child marriage is exceptionally noticeable in specific nations with high populace like India, Pakistan or Bangladesh. A marriage at a young age prompts a long-span for conceiving a child. Likewise, young marriage lack individuals of the education and awareness required to be delicate towards and comprehend the outcomes of bringing up so many children. A UN report has proposed that there would be a critical decrease in total populace if the legitimate for marriage is made 20 years.

Governmental Actions

Not much result can be achieved from these if family planning and use of contraception remain optional instead of mandatory. Strict legal steps are required for child marriage, education, the abolition of child labour and beggary and family planning to reap significant benefits from it. Proper enforcement of laws related to child labour, slavery and beggary will ensure that parents don’t sell their children or send them out to work thus forcing them to raise a lesser number of kids.

Providing Incentives

Incentives have to be a productive strategy measure in battling most rising issues including population. Giving health facilities, guidance or even monetary incentives can be exceptionally compelling to control the population. There are some motivation approaches like paying a certain sum of cash to individuals with not multiple children or free or limited instruction for the single kid and so forth which are set up in most developing nations confronting populace related difficulties and has likewise ended up being a valuable measure.

.Medical provisions

One major downside of developing nations is that of constrained and exceptionally driven medical services. Given the high country urban separation in creating nations, accessibility of good medical clinics and specialists is constrained to urban focuses accordingly bringing about high infant death rate in provincial territories. Rural individuals, to guarantee that probably a portion of their children endure, bring forth an ever-increasing number of children subsequently adding to the populace growth. if provided with ideal medical services, population rate will more likely to get decrease.

Spread Awareness

Individuals should be advised and made to comprehend the outcomes of having an excessive number of children. Government and non-government establishments can convey awareness advising individuals how they will be not able to give great sustenance, instruction or medical facilities to their kids on the off chance that they have too much. The populace is likewise an explanation behind ignorance and maladies and lack of healthy sustenance and its negative impacts are required to be imparted to the overall population to extend their thinking and comprehension.

Women Empowerment

In most developing nations, women are not viewed as comparable to men regarding power. Such conclusions are extremely common in Islamic nations and even India and Bangladesh. Gender discrimination is a significant explanation of populace development. Individuals continue bringing forth kids to have a larger number of a male child than females. Enabling lady with a state in issues concerning them like labour and instructing them to fight against discrimination will guarantee a healthy and mindful society.

Eradicate Poverty

Why most underdeveloped nations have the most elevated population growth rather than rich ones. poverty has a straight connection to populace rise. In developing nations of Asia and Africa, kid work, slave exchanging and human dealing are profoundly common. African nations for instance despite everything have the most extreme revealing of slave exchanging however exchanging of people is lawfully prohibited wherever on the globe. Individuals bring forth children and offer them to rich individuals who thus utilize these children in different arduous and unethical tasks. If not sell, these guardians power their children to ask or work at a delicate to procure some extra money for the family. These individuals accept that more children mean more hands for asking and work and in this manner more money. Without solid measures for development and destitution destruction, different techniques for populace control may end up being ineffectual.

Easy and Cheap availability of Contraceptives

Guaranteeing that individuals have simple and modest access to contraception devices will help to stay away from instances of undesirable pregnancies and births. Each state-owned hospitals ought to be made to give economically proficient anti-conception medication meds or medical procedures since poor have neither the methods, not attention to utilize contraception. Utilization of condoms and contraceptives must be publicized and advanced alongside guaranteeing modest and prepared access to these. Contraceptives don’t just end up being a significant populace control measure yet, also, forestalls spreading of sexually transmitted infections like AIDS in this way guaranteeing nuclear healthy families.

Development

Why the enormous population and the expanding pace of it is the greatest concern looked by the developing countries of Africa and Asia while the equivalent is an almost no danger in nations like America, Europe or Japan. Absence of Development suggests high destitution, high illiteracy, high discrimination, absence of consciousness, absence of medical services and hence expanded populace development. Any economy is named created is its populace is non-discriminated and just. By diminishing separation among sexual orientation and class and guaranteeing improvement of the entire populace rather than a given portion of society would wipe out the challenge of populace rise for once.

Self-reliant Economy: Fact or Fiction?

The month of May saw Prime Minister of India, Narendra Modi, disclosed an economic package of $266 billion to tackle the ongoing pandemic. “This package will work to bring about a self-reliant India,” said Prime Minister Modi. Self-reliance has been an issue that has dominated Indian thinking since time immemorial. In recent times, this concept has been making its presence felt, particularly in the economic sphere. The Indian economy has made a mark by emerging as the 5th largest economy. Moreover, a report by Price Waterhouse Coopers (PwC) stated that the country’s GDP at Purchasing Power Parity (PPP) would likely overtake that of the United States by 2050. The Indian economy has seen unparalleled developments in the economic arena that has left many wondering if India would soon claim to be a self-reliant economy. In 2019 Prime Minister Modi made an official announcement regarding India’s ability to become a $5 trillion economy by 2024-2025. This vision has been claimed to be something challenging while being achievable by Finance Minister, Nirmala Sitharam. If India manages to achieve this feat, in no time can it declare itself as a self-reliant economy?

However, it has been pointed out by several professionals and experts of the field that such a leap is not possible for India at this stage. Scholars seem to think that for the economy to grow into a self-sufficient one, the growth rate needs to be at least 12% per year. “$5 trillion is a good aspirational goal. But please understand that a $5 trillion economy in a matter of 5 to 6 years cannot be achieved unless the economy grows in a sustained way between 8 and 9 per cent. It has to be closer to 9 per cent because today the Indian economy is $2.7 trillion. So, $5 trillion means almost doubling the size of the economy. And that is possible only if the economy grows at 9 per cent per annum in a sustained way for 5 to 6 years,” said former RBI governor, C. Rangarajan. He also opined that for the nation to qualify as one with a developed economy, an approximate of USD 12,000 needs to be the per capita income and this level of growth was pegged to be possible based on a steady rate of 9% per annum.

Towards self-sufficiency

Prime Minister Modi in an address on May 12, 2020, stated “…21st century belongs to India…this vision strengthens…our resolve of self-reliant India…the meaning of self-reliance has changed…India does not advocate self-centric arrangements…India’s progress is…integral to that of the world….imperative for us to move forward with bold reforms to create a self-reliant India…to handle tough competition in the global supply chain…the economic package will increase the efficiency of all sectors… we need to play a big role in the global supply chain.” The message how India will “integrate not isolate” from this point forward was made clear as day by the Finance Minister on May 13, 2020. These aspirational words by the Prime Minister and then reiterated by the Finance Minister has led many to wonder if this the time when the Indian economy will take the big leap.

“When India speaks of becoming self-reliant, it doesn’t advocate self-centeredness but self-reliance that would bring happiness, cooperation, and peace to the whole world,” Mr Modi said in his speech regarding Aatmanirbhar Abhiyan. The Prime Minister claimed that there are five pillars to becoming self-reliant. “Infrastructure should become the identity of India; System should be based on the 21st-century technology-driven arrangements; Vibrant Demography is our source of energy for a self-reliant India; and Demand, whereby the strength of our demand and supply chain should be utilized to full capacity,” said the PM Modi. Prime Minister talked about how it is important to strengthen all the stakeholders as this would directly help fulfil their demand and enhance their capacity. He opined that it is the only way forward to ensure a self-reliant India. Prime Minister Modi “The definition of self-reliance has changed in the globalized world; it is different from being self-centred. Self-reliance contributes to the progress of the whole world.” While citing and example regarding the ongoing crisis, Modi explained how this crisis posed as an opportunity in front of the nation. Manufacturing of PPE and N-95 masks has shot through the roof to 2 lakh pieces daily.

The new economic package declared by the government which is a combination of the previous packages along with a new one totals to Rs 20 Lakh Crore which is equivalent to almost 10% of India’s GDP. It was made clear by the Prime Minister that the said package will give a push to sectors that will include land, labour, liquidity, and laws, among other areas. Also, it will accommodate the needs of various sectors including the cottage industry, MSME, labourers, middle class, and heavy industries. Set of bold reforms is the need of the hour to make India self-reliant claimed the Prime Minister. The changes will promote business, attract investment, and further strengthen the “Make in India” mission. According to the Prime Minister, tough situations India might face in the global platform along with the need to expand efficiency were kept in mind while preparing the economic package. Speaking about the impact of the pandemic, the Prime Minister stated “The crisis has taught us the importance of local manufacturing, market, and supply chains. All our demands during the crisis were met locally Now, it is time to be vocal about local products and help them become global.”

How can it be achieved?                  

The crisis that has dawned on the world has destroyed several economies. Major economic players of the world have been hit hard. Experienced people have been claiming that the ongoing worldwide lockdown would usher in sharp economic decline with certain companies being hit the worst. For India to take advantage of this situation, it is a necessity to incentivize its companies to help them cope up from the hard blow. The Economic Times has brought to light how this is an “opportunity in the making.” Several propositions have been given by The Economic Times regarding the strengthening of the economy. They are:

  1. The nation should prioritize investments in the sectors concerning local SMEs and MSMEs so that the nation does not have to rely on investments made by the MNCs.
  2. The electronics industry should be the centre of attention. SOPs should be offered to Indian manufacturers that would help them to “set up and scale-up facilities.”
  3. To compete on a global scale, innovation needs to be ramped up. The great demographic dividend can be used to “innovate and build an IPR regime.”
  4. Another area of focus should be the Defense Electronics and Telecom industry. The government needs to develop “policies to encourage Indian private sector companies” to invest in this particular sector as this one sector is dominated by PSUs and Foreign companies. Along with this, the government needs to restructure the defence manufacturing PSUs as they are scattered all over the nation. The Economic Times suggests that these labs should be paired up with SMEs and MSMEs.
  5. As the crisis might delay the rollout of the 5G networks worldwide, India should try to come up with an indigenous 5G telecom gear. The nation can use the USOF and TDB funds to invest in building solutions for 5G and rural broadband.

    A strategy should be developed by the Government along with a 5-year action plan which would be formulated based on advice by the companies working in the sector instead of the consultants.
  6. The nation’s focus needs to be towards IPR and platforms that generate and store data as data is considered as the “new oil.” It should be consumed and monetized to ramp up the economy. “India’s contribution to the global telecom supply chain is minuscule while being the 2nd largest telecom market in the world. The focus should shift towards the supply side from the demand side. India imports electronics worth 400B$ and this needs to change” stated The Economic Times.

Is it achievable?

In a talk about the PM’s address regarding Make in India and Aatmanirbhar Bharat, Mahindra and Mahindra MD Pawan Goenka stated “There are many factors. Some of it related to the industry itself, some of it relates to policies and some it related to the constraints that we have both internal as well as external and our competitiveness.” The lockdown has acted as a catalyst that renewed interest of the Government regarding manufacturing in India. “Furniture has an extremely high potential for export and currently India has very little furniture export. Leather and footwear also have tremendous export potential. Yet, we are still importing footwear,” said Mr Pawan Goenka. To ramp up the GDP of the nation about the share of manufacture, the MD opined, “clearly, the manufacturing growth in India has been less than what the country deserves. It is not something where you can flip the switch and the growth will happen. Several factors are responsible and the competitiveness of the industry is one of the major factors.” He clearly stated that the cost of the finished product needs to be in line with ‘competitiveness’ of the prices in the markets we are looking to take control of and this is applicable not only for China but also for other nations. The nation must look at the different finished prices of goods available on the market. “India has great potential to take manufacturing value addition to $1 trillion by 2025. Even though we have had a setback because of COVID- 19, I believe we can still do it,” said Goenka.

A prima facie overview of the economic scene of India would somehow support these “throwaway” claims, but after taking a good look at other variables one can be expected to arrive easily at the conclusion that such a jump is not at all plausible. Economists claimed that the devastating effects of the pandemic will be felt by all and manifest in the form of a decreased GDP in the year 2021. The dependency of the Indian economy on the consumption of private sector, investments by MNCs, and trade carried on by external factors will be immensely affected. The sector that takes up nearly 30% of the Indian market consists of the MSMEs. They might not be able to sustain themselves as a result of non-ending nationwide lockdown. Several ‘at risk’ business organizations might fall apart like a house of cards due to the disastrous economic situation left by the crisis after it disappears. Even if the economic growth follows a steady growth rate of 7.5% per year, $5 trillion economy by the nation can be achieved not by 2024-2025 but might be delayed by 2 years at least. The rate has, however, been based on a 4.5% inflation rate. The prevailing situation impedes any such measure that might help the economic situation and aid in the further realization of the dream of a self-reliant economy. However, the various variables one would take into account while coming to the answer regarding self- sufficiency of the economy should be understood to not be something ‘rock solid’ as the opportunities provided if used correctly might give shape to this dream.

                                                                                                                   Sagarika Mukhopadhyay

Successful initiation of Make in India Initiative

For any Nation to reach its maximum potential by virtue of Economy, self-sufficiency is the key. The Indian subcontinent is full of resources of every kind natural, Human or technological. The only barrier in Indian development is the lack of competency in the industrial sphere; we do not process what we produce. This statement could further be understood by knowing that Indian imports in 2019 accounted for about 514 billion dollars whereas the export stood at 330.07 billion dollars resulting in a trade deficit of 180 billion dollars, which in general terms means we gave away about 180 billion dollars to other nations. If this is not enough a report in 2016 estimated Indian Trade Deficit to grow to about 500(Billion dollars) by 2030.

In the wake of this, Prime Minister Narendra Modi led the Indian Government to launch a full-fledged program for Industries to grow in India namely Make in India. In accordance with this initiative, the Indian Government projected Indian GDP to shoot up to 25% for which a variety of steps were taken which had wide implications on businesses.

  • Improvement In Infrastructure

 To improve Indian manufacturing sector infrastructure and capacity are boosted: Development of smart cities and industrial nests in areas of High potential with supplies of Raw material and Workforce along with high transportability 

  •  There is a bid to develop new smart cities and industrial clusters – the Delhi-Mumbai Industrial corridor is projected to make 5 smart cities: Greater Noida, Ujjain, Gurugram, Dholera, and Shendra-Bidkin,
  • Northeast India is work in progress to be connected with other Industrial corridors 
  • Re-cycling and treatment of water through zero liquid discharging systems.
  • Construction of central effluent treatment plants.
  • Provisional Changes during the Union Budget 2016-17
  • To promote start-ups there is a proposal of 100% deduction of profits for 3 to 5 years for start-ups set up from April 2016 to March 2019 with a minimum alternate tax in place.
  •  Granting “Residency Status” to nations and the proposal to grant International investors on satisfying certain conditions.
  •  Custom and Excise Duties are changed to bring costs down and enhance the competitiveness of the domestic sphere in sectors like IT hardware, defense production, mineral fuels, and mineral oils, chemicals and petrochemicals as well as in Maintenance Repair of aircraft and ship repair.
  • Positives to draw upon

After putting in so much of efforts by the Indian Government, many positives are emerging

  • Samsung has put up a manufacturing plant of Mobiles in India which is set to induce self-sufficiency and its production is estimated to be so high that it will also export and hence building a great foundation for further growth.
  • Apple inc. is set to move its production from China to India for which all the groundwork has been done. This move is also in terms of American policy to go on poles with china.
  • Google announced recently to invest 75,000 Crore in India via Equity Investment, partnership, and operational investment.

Author’s Take 

India is receiving numerous opportunities as their work in laying a foundation to establish India as a Manufacturing Hub is bearing fruits, India should capitalize upon these chances. If the pace is kept, India will certainly grow to tremendous highs because of its vast potential and dedicated efforts.

 ~By Shubham Yadav