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Census, Delimitation and the Expansion of Parliament Seats

The newly inaugurated parliament building in India has opposition leaders questioning the idea of a New India with imaginations of Akhand Bharat. The increased seating capacity of 888 Lok Sabha seats and 384 Rajya Sabha seats highlights the role of the census in the delimitation exercise, which will happen sometime after 2026. The Union home minister and BJP leader Amit Shah said in 2019 that the BJP will remain in power for 50 years. Shah understands the role of the census and delimitation in ensuring that the party remains in power. Raw data from the census has always been confidential, but the census is being replaced by population databases like the National Population Register and 360-degree profiling databases. If any national political party with access to this information and the ability to influence the delimitation process can change the contours of electoral constituencies. The census 2021 will be one of the most important exercises in the history of India, and the lack of accountability in its administrative procedures will determine the fate of various population groups.

India is rapidly digitizing, and there are good things and bad, speed-bumps on the way, and caveats to be mindful of. The weekly column Terminal focuses on all that is connected and is not – on digital issues, policy, ideas, and themes dominating the conversation in India and the world.

About the company mentioned in this article, the BJP is a right-wing political party and currently the ruling party in India, led by Prime Minister Narendra Modi.

Regarding the person mentioned in this article, Amit Shah is an Indian politician and the current Minister of Home Affairs. He is also a member of the Bharatiya Janata Party.

Former Karnataka CM Basavaraja Bommai Alleges Congress of Denying People of Guarantee Implementation

Former Karnataka Chief Minister Basavaraja Bommai has accused the Congress government in the state of cheating citizens with regard to the implementation of five promises made during regional elections. Speaking at a press conference, Bommai claimed that Congress was not delivering on pledges of free transportation, electricity, education and other benefits. Congress promised people free for all, free for us and free for you during the elections, but now they are making different statements, Bommai said. Now people are realising what Congress says is what (it) does. The Congress colour will be sooner exposed. The party’s promises included 200 units of free electricity to households, Rs2,000 monthly assistance for women, 10 kg of rice to all members of BPL families, Rs3,000 monthly payments to degree graduates and free bus travel for women on state-run buses.

Airmeet Lays Off 30% of Workforce in Bengaluru

A Bengaluru-based virtual events platform named Airmeet has recently laid off 30 percent of its workforce, amounting to nearly 75 employees. Affected departments include sales, marketing, tech, and operations in India, the US, as well as Europe. In an internal email, Airmeet CEO, Lalit Mangal, cited reduced marketing budgets and commoditization of the virtual event sector as reasons for the layoffs.

Airmeet is a virtual event hosting platform, allowing participants to engage with one another instead of merely attending and viewing as spectators. The company recently secured $35 million of funding from Sequoia Capital, accompanied by Prosus Ventures and Sistema Asia Fund.

For Indian employees affected by the layoffs, Airmeet has provided two months of salary as compensation and hastened the vesting of their stock options until June 30th. Furthermore, they will receive health insurance coverage until August 18th. In the US, affected people will receive severance payments according to local regulations.

These layoffs follow a long list of over 27,000 job cuts within the Indian tech industry, comprising mainly edtech majors. Over 22 edtech startups have combined to let go of 9,781 people thus far.

The Airmeet organization has been around since 2017 and strives to create reliable, digital platforms for communities and businesses. It began as a mobile event platform but eventually diversified to encompass online experiences of all kinds.

Cloud Business Intelligence Tools Market: Analysis of Business Opportunities, Regional Demand, Revenue and Key Players Forecast till 2028

The Cloud BI Tools market report focuses on the global market trend analysis in the technology, media, and telecommunication industry. The report aims to provide an overview of the cloud BI tools market by cloud type, organization size, and geography. The report covers statistics on the market status of leading cloud BI tools market players and offers opportunities in the market. The major companies competing in the Cloud BI Tools Market include Hadoop, a software framework for managing data and storage in clustered systems for big data applications. The report identifies that the high adoption of cloud BI tools is due to its scalability, external maintenance and updates, and high reporting standards, although integration and security concerns related to cloud solutions are expected to hinder growth in the market. The report provides a detailed regional framework of the industry, dividing it into North America, Europe, Asia-Pacific, South America & Middle East, and Africa. Additionally, the report gives an overview and forecast of the global cloud BI tools market based on various factors.

RBI Hosts Workshop for Directors of Private Sector Banks

The Reserve Bank of India (RBI) held a conference in Mumbai for directors on the Board of Private Sector Banks, inaugurated by RBI Governor Shaktikanta Das. The theme of the conference was Governance in Banks- Driving Sustainable Growth and Stability. The conference addressed topics such as governance and assurance functions, credit risk, operational risk, IT/cyber risk, and data analytics. Other officials of RBI, including Deputy Governors MK Jain and M Rajeshwar Rao, also participated in the conference. The Governor emphasized the need for banks to ensure continued financial and operational resilience amidst recent instability in some US banks and the subsequent closure of Silicon Valley Bank. The collapse of a few regional banks in the US has prompted fears of a potential contagion effect across economies.

The Reserve Bank of India is responsible for regulating the supply of currency in India, managing foreign exchange, and regulating the country’s banking sector. It was established in 1935 and is headquartered in Mumbai.

Shaktikanta Das is the current Governor of the Reserve Bank of India, appointed in December 2018. He has previously served as the Secretary of the Department of Economic Affairs, the Ministry of Finance, and is a member of the 15th Finance Commission of India.

Introducing the Future Leaders Assisting Women to Achieve Health Care Coverage and Move Closer to ‘Health for All’

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Two Indian teenagers, Ananya Seth and Anupama Rao, have launched Project ‘Udaan’ to provide health insurance to disadvantaged women. The girls are class 9 students at the National Academy for Learning (NAFL) and were mentored by the organisation, One Million for One Billion (1M1B), to help them get their idea off the ground. Through the project, they aim to bridge the financial gap for economically backward women by getting them into health insurance and policies. They realised how lack of access to healthcare worsened gender inequality and has so far contacted over 300 people and issued about 15 health insurance policies in three years since they started the initiative. The duo plans to identify women who can spread the word in their respective communities, so awareness and access to health insurance can spread even without their direct involvement.

1M1B, established in 2014, engages and enables youth to become problem solvers, creating real-world impacts. It is a United Nations accredited non-profit with special consultative status to the UN Economic and Social Council (ECOSOC) and is associated with the UN Department of Global Communications.

The COVID-19 pandemic had a significant economic and social impact worldwide, particularly for daily wage workers. During the lockdown, Seth’s housekeeper was struggling to make ends meet and had no financial coverage or insurance for surgery after a car accident. Rao witnessed the same issue with her mother’s patient who was expecting triplets and faced pregnancy complications. The patient refused to go to the hospital for delivery, fearing bankruptcy, and lost all three babies as a result.

Leprosy cases in Nagaland majorly concentrated in Dimapur

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According to Y Kikheto Sema, the Commissioner and Secretary of the Health and Family Welfare Department in Nagaland, there are currently 31 cases of leprosy in the state, with 90% of these cases located in the city of Dimapur. Of these cases, 25 are non-Naga migrant workers, and the remaining six are Nagas. Despite advances in medical science, leprosy continues to be a public health challenge and still occurs in more than 120 countries, with over 200,000 new cases reported each year. India has the highest number of leprosy cases, accounting for 53.64% of all cases globally. The top three states with the highest leprosy cases in India are Maharashtra, Bihar, and Chhattisgarh. In contrast, Nagaland was the first state to achieve the World Health Organization target of ‘Elimination Status’ in 1998 with just one case in 10,000 populations. Efforts are underway in India to eradicate leprosy by 2027.

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Y Kikheto Sema is the Commissioner and Secretary of the Health and Family Welfare Department in Nagaland, India.

Increase in Birthrate Urgently Needed in Indian State

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Sikkim, a state in India with a unique cultural blend of ethnic groups, religions, and geography, has the country’s lowest birth rate, putting the survival of its culture at risk. With a female labor force participation rate much higher than the national average, young people are choosing careers over early marriage and having fewer babies. To combat this decline, the Sikkim government is offering cash incentives for in vitro fertilization treatments and maternity leave to encourage couples to have at least three children. More than 100 couples have taken up the offer of IVF treatment since August when the program began. Sikkim’s unique situation highlights the uneven population growth in India, where states like the underdeveloped north have much higher birth rates.

The Population Foundation of India is an organization that aims to encourage family planning initiatives, reproductive health, and gender equality in India. Alok Vajpeyi is an official at the Population Foundation of India, and he highlights the importance of preserving Sikkim’s culture by encouraging its citizens to have more babies.

Arpana Chettri, a 40-year-old civil servant, experienced the stigma around IVF treatments firsthand. After undergoing two procedures, she gave birth to her daughter after nine months of pregnancy. Concerns about the origin of IVF babies led to misconceptions that babies born through the therapy come from plastic boxes or are not genetically related to their parents.

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Paisabazaar Closes Financial Year at Over Rs 15,000 Crore Annualised Loan Disbursal

Paisabazaar, a part of the PB Fintech Group, has achieved an annualized loan disbursal rate of over Rs 15,000 crore in March 2023, registering a 76% YoY growth in loan disbursals, and disbursing Rs.11,619 crore in FY 2023. Credit cards issued through Paisabazaar have also grown by more than 180% YoY, reaching an annualized rate of over half a million credit cards issued in March 2023. To help build credit awareness, Paisabazaar offers consumers free credit reports and scores from all four credit bureaus. According to Paisabazaar, over 3.49 crore consumers from 823 cities and towns across India had accessed their free credit report on Paisabazaar by the end of the financial year. Paisabazaar has also focused on building stronger and more sustainable margins, through improved processes, better offerings, and higher conversions. The company has been profitable since December 2022, ahead of its guidance.

Paisabazaar, a part of the PB Fintech Group, is an online platform that offers personalized financial services such as loans, credit cards, insurances, and more. The platform caters to consumers across all credit segments and has around 65 partnerships with large banks, large NBFCs, credit bureaus, and fintech lenders to offer a wide choice of lending products for consumers on its platform. Paisabazaar has earned the trust of around 35 million consumers over the last nine years.

Yashish Dahiya is the Chairman and CEO of PB Fintech. He stated that Paisabazaar has fundamentally grown with better margins and achieved profitability, becoming stronger than before. With a consumer-led focus and strong business fundamentals at its core, he said, the market opportunity for Paisabazaar is massive.

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Nine Years of Prime Minister’s Tireless Development Efforts Without Discrimination

India’s Union Minister Piyush Goyal recently praised Prime Minister Narendra Modi for his tireless work towards the development of the country over the past nine years without any discrimination. Goyal spoke to reporters and highlighted how the PM has succeeded in empowering the people and the country by transforming the economy, uplifting the poor, and defending India’s borders. Poonam Mahajan, a BJP MP, also gave a presentation on the Modi government’s achievements, stating that India was one of the five world economies in a fragile state in 2014 and has now become the fifth-largest economy globally.

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Union Minister Piyush Goyal is an Indian politician and the current Minister of Railways, Minister of Commerce and Industry, and Minister of Consumer Affairs, Food and Public Distribution. He has held various positions in the Indian government and is known for his efforts towards economic and infrastructure development in the country. BJP MP Poonam Mahajan is also a politician who has served as the President of the Bharatiya Janata Yuva Morcha, the youth wing of the BJP.