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World Banks Global Economic Prospects Report

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The report notes that, Global economic Growth will decrease sharply to 4.1% in 2022 and 3.2% in 2023, from 5.5% in 2021.

It projects Indias annual growth to be 8.3% in the fiscal year 2021-2022, 8.7% in 2022-23, while 6.8% in 2023-24.

It also flagged the risks posed by rising and growing inequality.

It noted that, after having recovered in 2021, global economy is headed towards pronounced slowdown, because of new Covid-19 variants, increasing inflation, debt & income inequality, reducing fiscal & monetary support and decreasing demand.

Cyber Threats

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The cyber threats are growing at humanely uncontrollable rates. The criminals are using tougher tactics and therefore, the cyber threats are becoming more aggressive day by day. Cryptocurrencies are creating easy path of escape for the cyber criminals. Today 90% of the ransomware attacks are paid in cryptocurrencies.

140 million free health IDs generated

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Minister of state for Health Bharati Pravin Pawar informed in Lok Sabha that, government has made a provision to generate a health ID for every citizen free of cost.

As of now, more than 140 million health IDs have been created.

Creation of Health IDs is voluntary.

The NationalHealth Authority is creating awareness among citizens regarding the usage and advantages of Health IDs for ensuring their maximum participation.Ayushman Bharat Digital Mission also aims to provide digital health IDs for all Indian citizens in order to provide health records electronically to the hospitals, Insurance firms, and citizens, when required.

The health ID works as the health account of citizens. It comprises of all the details of every disease, every test, the doctors visited, the diagnosis and the medicines taken.

MeitY organised Digital Payment Utsav

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As a part of Azadi Ka Digital Mahotsav, the Ministry of Electronics & Information Technology (MeitY) hosted a unique event called Digital Payment Utsav on December 10, 2021.

Under the Digital Payment Utsav, the journey and rise of digital payments in India was celebrated.

It brought the leaders from Government, fintech companies, Banking sector, and start-ups, together.

Digital Payment Utsav witnessed the launch of innovative solutions such as:

Significance of the launch

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In India, electrification of public transport especially across bus sector is key to decarbonization strategy. The launch of e-Sawaari India Electric Bus Coalition is a step of ensuring steady and paced electrification of bus transport system in the country. It will help in address the challenges of procurement, operations & financing e-bus deployment in a bid to achieve net zero emissions.

NITI Aayogs e-Sawari India E-Bus Coalition

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in association with the Convergence Energy Service Limited (CESL) & World Resources Institute, India launched the e-Sawaari India Electric Bus Coalition (e-Sawari India e-Bus Coalition). This coalition is also supported by Transformative Urban Mobility Initiative (TUMI).

With the launch of e-Sawaari India Electric Bus Coalition, central government agencies, State Government agencies, city-level government agencies, original equipment manufacturers (OEMs), transit service providers, financing institutions, and ancillary service providers would be able to share their learnings and knowledge on e-bus adoption in India.

Section 124A of the Indian Penal Code

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Central government noted in Lok Sabha that there is no proposal under its consideration to do away with the sedition law.

As per a written reply to a question in Lok Sabha, Union Law Minister Kiren Rijiju stated that, on May 31, 2021 Supreme Court in its order on a had observed that ambit & parameters of provisions of Sections 124A, 505 and 153A of the Indian Penal Code (IPC), 1860 requires interpretation, especially with respect to right of electronic & print media to communicate news.

As per minister, SC has also issued notice to Centre on a plea in which petitioners have asked for an appropriate writ, order or direction to declare Section 124A of IPC, 1860 unconstitutional and void.

India signs Air bubble agreement with Australia

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Indian government has signed an air bubble agreement with Australia, under which all eligible passengers will be allowed to travel between both the countries.

Australian airline Qantas has started flights between Sydney and New Delhi, recently. It is also set to start flights between New Delhi and Melbourne before Christmas.

Air India also operated direct commercial flights to connect New Delhi with Melbourne and Sydney before Indian government suspended scheduled international flights.

Air India flights between India and Australia will resume in coming days, said a senior official with the airline.