Today, the world is suffering from many unexpected problems. These problems includes corona virus pandemic, poverty, voilence in many subjects and rise in prices in almost every item.
These problems got a boost after this corona virus pandemic. Providing essential items to everyone according to their needs have been one of the major problem. Almost every country is having such issues, that too due to the unexpected Covid-19 pandemic.
Presently, Farmer protests, violence, rise in prices, Covid19 vaccination for all on time, rape issues and political games are the topics which are trending in India.
In India too the prices are touching its brim. The rise in costs in food, commodities, jewellery, fuel, automobiles etc have become a greater problem. To provide everything for everyone with less issues is a need.
The petrol and diesel prices have been increasing day by day. Retail price of automobile fuels have reached heights across the country. Petrol and diesel are taxed heavily in India and that’s why the consumer benefits have been decreased.
Low class families are getting benifits by the government, high class families already have enough salaries to spend freely and according to their needs.
For middle class families, the problems are like hell. No benifits, almost nothing for the middle class. Only low class are under the eyes of government but middle class are just ignored every time. Middle class are also like the low class but just a bit heigher than low class and so less than the upper class. This class is in the middle so no-one remember to provide special highlights to them. Pressure over the middle class to do everything on their own without any benifits or schemes from anyone, under huge loss.
Diesel and petrol prices have hit high records across the country with petrol touching Rs 89 per litre in Delhi and diesel reaching a new high of Rs 86.30 per litre in Mumbai. Petrol prices are revised by the oil marketing companies like Indian Oil, Bharat Petroleum, Hindustan Petroleum etc. based on the international prices. So, when international crude oil prices gain, petrol prices in India increases and so on. If crude oil prices in the international markets drops, we see a down fall in daily petrol prices in India.
Factors affecting Today’s Petrol Prices In India
The difference in the prices of crude oil in the international market directly influences the price of crude oil (raw form of oil) in the domestic market and this is one of the most important factor responsible for an increase in the petrol prices in Indian market. Increase in international demand as well as low production rate and any political no rest in the crude oil producing countries of the world severely affects petrol price.
Increase in Demand – Economic growth in India and other developing countries has also led to the increase in demand for the petrol and other essential fuels in India. The number of people who own private vehicles has gone up in the recent past which has contributed to the increase in demand for petrol in India this has resulted in the rise in petrol prices in India.
Logistics – Logistics is one of the significant factors in pricing retail fuel. Petrol and diesel transported to longer distances to cities or regions farther from depots will be priced higher than the places nearer to the oil companies storage area. The reason behind the change in the prices of petrol in different cities across India. This difference may be huge between cities that are far from each other. The fear linked to the rise of petrol prices in India might be never ending.
Mismatch of Demand and Provided quantity – Oil refinery companies in India faces problem to meet the demands of the market due to the high cost of input price of crude oil thus resulting in low supply and high demand for petrol in the country. An increase in supply results in a decrease in the price of the petrol and vice versa. Oil refining and marketing companies maintains crude oil inventory up to six weeks, which also influences the price of the petrol and petroleum products.
Rate of Taxes – The prices of petrol and other petroleum products varies according to the local government policies which impose taxes on fuels. As and when the government of India raises tax rates on fuels then oil companies in India also increase the price of the petrol to recover the loss and maintain marginal profits in the oil business in India.
Rupee – Dollar Exchange Rates – The rupee-dollar exchange rate is also one of the major factors which influences the price of petrol in India. Indian oil companies pay to the oil imported from other countries in terms of dollars, but their costs are regarding rupee. So, when the price of the crude oil is in the fall but the rupee is also weaker against the dollar then it will reduce the profits to the oil refiners. So, when the rupee strengthens against the dollar and the price of the crude oil faces down fall, then most of the oil companies tend to gain alot.
Apart from this, the continued commitment of the producers to supply, amidst muted fuel demand has helped the fuel prices to scale up. The Organization of the Petroleum Exporting Countries (OPEC) and its member partner have their support for deeper oil supply cuts throughout 2021. The move was made to help bring down the swollen global crude stockpiles are increasing despite feeble oil demand.
Meanwhile, the demand in china for crude oil is helping to support the oil markets as shown by the industrial track.
The Biggest Revolution
When we talk about the biggest revolution, most people think about the different revolution coded by their colour as for example, the green revolution, the white revolution, the pink revolution, etc. Some also might think about the Russian revolution or the Iranian revolution. But according to us, these revolutions are nothing as compared to the modern day Digital revolution. It has completely changed the way we live our life, and as for me Digital revolution could be considered as the biggest revolution in the history of human civilisation.
INTRODUCTION OF COMPUTER
Rajiv Gandhi, also known as the ‘Father of Information Technology and Telecom Revolution of India’ was the man who introduced computer in India. His introduction was followed by a series of riots, as people thought that bringing computer to the country will make everything automated, and thus will cause loss of jobs. Well, now it surely proves that he had a great vision for the country and that he knew that the computer was the only way to help in the development of the country.
AUTOMATION OF MACHINES
Factories all over India, now mostly have computers operating them with minimum staffs operating the machines, which made people believe that computer education is a must as it increased jobs opportunity, reduced the cost of machine repairing, and also thus helping in the development of the country. It has also helped in less error occurrences that might occur when in the hands of the human beings. Reduced labour charge because of reduced use of human hands has also caused in the reduced cost of production of products, thus reducing the selling price of products and even helping the company in targetting customers with lower income potentials.
DEVELOPMENT IN HEALTH SERVICES
An important field computers impacted on is the medical field. The computers helped the hospitals out very much. In pharmacies, the pharmacists use computers to keep a record of what medication to give to a patient and the amount they need. Most computers in the hospital are used to keep data of patience and their status. Computers also keep track of equipment placement and status as well. Scientists need the help of computers to find cures for diseases that need cures like cancer and STDs. Without the computers help, cures for a lot of diseases wouldn’t have been found. Computer helped the medical area a lot and we are grateful for that since they keep track of our health.
CONNECTING WITH FRIENDS AND RELATIVES
The telecom revolution also added up to the development of the country by helping people to connect with their friends and relatives over thousands of kilometres. Applications like Facebook, Instagram, Whatsapp, has helped people to stay connected with their loved ones. Video calling used widely after the development of the 4G connection in India has made people in believing that distance has nothing to do with bonding. Upcoming 5G connection in India will provide even faster internet connection over time, video calling in the upcoming future telecommunication upgrade can make the people to be seen life like whilst in a video call.
HELP IN THE CORONA PANDEMIC
The corona pandemic has surely destroyed the daily routine of people, but even after that, the digital revolution made sure that our daily is not left behind whilst fighting the pandemic. Offline classes were changed to online with teacher teaching their students with the help of a presented screen. Private companies made their employees to work from home. People attended conferences with other people staying thousands of kilometres away whilst enjoying their morning coffee. Frustrating Monday mornings were not frustrating anymore, as people need not get up early in the morning, do the daily chores and rush for the metro, instead they could just wake up and instantly start attending the meeting.
5G CONNECTION NEWS
CEO of Jio, Mukesh Ambani has till now confirmed that “5G connection would be available to use by the mid 2021”, not before that. But, even then it will not be available for everyone to be used by people door to door. It could be available for use for everyone in India from door to door, only after 2022 January. So, buying 5g phone will not be recommendable if you are not living in Mumbai, Delhi, Kolkata, or Chennai. Airtel recently tested it’s 5g network in Hyderabad using the 1.8GHz band. Airtel CEO, Gopal Vittal believes that a true 5G experience is possible only after the government allocates mid-band spectrum (2.2-3.7 GHz) for the new networks, which hasn’t happened yet. Once, the necessary spectrum is available, Airtel believes it’s networks can deliver 10 times higher speeds while reducing latency 10 times.
In simple words, Digital revolution has played a major role in the development of the country throughout. It has not only introduced major job opportunities, but has also reduced the workload from the workers and has also helped people to stay connected from a thousand kilometres. Leaving these, there might be a thousand which we might have forget to mention.
Arnab Goswami: Modern day Ram or Ravan?
After 14 days of judicial custody, Arnab Goswami was granted interim bail of 50,000 in the suicide amendment case of 2018.
Arnab Goswami is a news anchor, managing director and editor in chief of Republic Media Network. He is well known for his unique style of journalism.
On November 4, Arnab was arrested from his Mumbai residence for his alleged role in the death of Anvay Naik, who was a designer. He and his mother took their life in 2018 and mentioned Goswami’s role for not paying back the dues of almost 8 lakhs. The case was closed by Raigad Police in April 2019 due to lack of evidence. But recently, Maharashtra Home Minister ordered for reinvestigation based on the complaint filed by Naik’s daughter. His arrest was defined as “attack on media’s free speech and expression” and “backstabbing democracy” by various personalities.
Many criticised Maharashtra Government and Mumbai Police for acting out without any prior permission from the court and manhandling Arnab and his family. Also, the police have filed an additional complaint against him for allegedly assaulting a female police officer when they went to his residence to arrest him.
Soon after his arrest, he filed a plea with Bombay HC which was refused. Later after 4 hours long of virtual. hearing with the Supreme Court, they granted interim bail to Arnab and two other accused. The Supreme Court also stated that the decision of not granting the bail by Bombay HC was wrong. They also expressed their concern over state governments targeting individuals based on ideology and differences of opinion and the failure of the high courts to protect the fundamental personal liberty rights of individuals.
“If constitutional courts don’t protect liberty, who will?” asked Justice Chandrachud.
The judge also voiced his concern over treating Arnab inhumanly because his style of journalism does not suit the state government. Recently, Arnab had criticized Mumbai Police for poor investigation in SSR case. He also called out the ongoing Maharashtra Government Shiv Sena in various instances.
Liberals say that they don’t like his style of witch reporting but he did not deserve jail time. Many also suggested that it has nothing to do with the sucide amendment case but rather personal grudges of the state government. While Senior Advocate Dushyant Dave pointed out on the speedy bail hearing from SC. Holding no personal grudges against Arnab, he said that there are thousands of people in jail for a long time waiting for their bail hearing.
While thanking his loyal supporters, Arnab said that he would be expanding his news network in every state and he also dared Uddhav Thackeray to not touch his Republic News Network.
REVIEWING THE AIRCRAFT AMENDMENT BILL,2020
On February 4 2020 the Minister of Civil Aviation Shri Hardeep Singh Puri. The bill aims at amending the Aircraft Act, 1934.
Aircraft Act, 1934
The Aircraft Act, 1934 came into effect for providing better provisions for the control of the manufacture, possession, use, operation, sale, import, and export of aircraft.
After the Act’s enaction the act had been extended to the new provinces and merged states as per the guidelines of the Merged States (LAWS), Act 1949 (59 of 349), S.3 (1-1-1950) and to the Union territories of Manipur, Tripura and Vindhya Pradesh by the Union Territories (Laws) Act, 1950 (30 of 1950), S.3 (16-4-1950). Vindhya Pradesh now forms part of M.P. State Act 37 of 1956, S.9(1) (e) (1-1-1956), Manipur and Tripura are new States; See Act 81 of 1971, S.3(21-1-1972).
Aircraft Amendment Bill, 2020
After the Civil Aviation Minister Hardeep Singh Puri proposed the bill on February 4 the bill was passed by the Lok Sabha on March 17, was also passed by the Rajya Sabha by the means of a voice vote.
Provisions of the Bill:
The Bill amends the Aircraft Act,1934 the bill regulates the manufacture, possession, use, operation, sale, import, and export of civil aircraft and licensing of aerodromes.
The Bill will provide statuary power to the regulatory institutions of Civil Aviation like the Directorate General of Civil Aviation (DGCA), the Bureau of Civil Aviation Security (BCAS), and the Aircraft Accident Investigation Bureau (AAIB).
The Civil Aviation Minister quoted “the amendment was necessary for light of the recent growth of the civil aviation sector,
DGCA: The bill entitles the DGCA to act as a watchdog. The DGCA will foresee the regulatory functions as mentioned in the bill for the growth of the civil aviation sector. The DGCA can levy up to Rs 1crore as a penalty on airlines, airports, and other key aviation entities.
BCAS: The BCAS will be carrying out regulatory and oversight functions on civil aviation security.
AAIB: To carry out investigation related to aircraft accidents and incidents.
Reasons behind the Amendment
The statuary power that the Bill provides to the civil aviation institutions is likely to help the civil aviation sector to improve India’s safety aviation rankings as recommended by the International Civil Aviation Organization (ICAO).
The bill intends to increase the fine amount for any violation of rules from RS 10 lakh to Rs 1 Crore for aviation sector stakeholders.
Under the Bill, the central government may cancel the licenses, certificates, or approvals granted to a person under the Act if the person contravenes any provision of the Act.
The aircrafts belonging to the navy, military, and air force of the Republic of India will be exempted from the bill
The extension of the exemption will also be extended to the other armed forces other than these three.
The Disinvestment by the government from Air India has resulted in the firm incurring heavy losses (26 crores per day) the pandemic is expected to further increase the number of losses
According to recent data, there has been a rise in the number of near-miss incidents in the airspace, near miss is a close call that has the potential to cause great injury to humans or the environment but does not occur,
The aviation sector faces shortages of Air Traffic Controllers (ATC)
Because of the COVID- 19 pandemics there has been an increase in the drop in demand which has compelled the airlines and its stakeholders to face financial crisis.
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