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Friday, May 26, 2023

Current Affairs-May 25, 2023

 

INDIA

  • U.T. Khader, 54, was unanimously elected Speaker of the Karnataka Legislative Assembly, becomes the first Muslim to hold the post in Karnataka.
  • INSV Tarini entered Goa harbour after successfully completing a 17,000 NM trans-ocean inter-continental voyage after 188 days.
  • India is set to scale up its supercomputing prowess and install an 18-petaflop system.
  • Chief Ministers of Assam and Meghalaya initiated the second phase of talks to resolve boundary disputes.
  • FSSAI to conduct nationwide surveillance of milk and milk products.
  • PM Modi flags off Delhi-Dehradun Vande Bharat Express.
  • Arunachal Pradesh govt to set up Institute for Transforming Arunachal with NITI Aayog.

ECONOMY & CORPORATE

  • Securities and Exchange Board of India (SEBI) tightens norms for offshore funds.
  • BSE and NSE put the securities of Adani Enterprises under the short-term ASM framework.
  • India and Australia aim to conclude comprehensive trade deal by end of 2023.
  • SEBI approves HDFC Bank as new owner of HDFC AMC.

WORLD

  • Florida Governor, Republican Ron DeSantis launches his US presidential campaign.
  • UK Visa Policy Update: New Immigration Rule restricts Indians from bringing dependents.
  • China appoints new envoy to U.S. ,filling a post that unusually remained vacant for close to five months.
  • Bulgarian writer Georgi Gospodinov and translator Angela Rodel won the International Booker Prize for Time Shelter.

SPORTS

  • Indian Junior hockey team defeats Chinese Taipei 18-0 at Men’s Asia Cup 2023.
  • P V Sindhu defeats Aya Ohori to enter Malaysia Masters quarterfinals.
  • Indian Long jumper Murali Sreeshankar wins gold and Jeswin Aldrin takes silver at International Jumping Meeting in Greece

Economic and Political Weekly: Table of Contents

 

Vol. 58, Issue No. 20, 20 May, 2023

A Happy Life~I

 Some Western international agencies bring out annual indices of happiness to rank different countries according to parameters devised by them. These rankings only reflect their own cultural, racial or civilisational bias without bearing an iota of truth, and are intended to generally demonstrate the so-called superiority of the West which is now slowly decaying politically, morally and also economically over the rest of the world.

All human beings ~ men and women, young and old, rich and poor, well and unwell, want to be happy, so much so that happiness has been equated with the meaning and essence of life, reason of our existence, our ultimate destiny.

“The purpose of our lives is to be happy”, as the Dalai Lama has said. The idea of power and wealth, fame and recognition, position and status, all become meaningless before that supreme state of being called happiness, even though these very things often bring happiness to the minds of ordinary mortals.

But many also believe, like Marcus Aurelius that, “Remember this, that very little is needed to make a happy life.” If you are happy, that is an end in itself and nothing else is needed in life.

But what is happiness, that impossible and unreachable El Dorado we all seek and strive to reach at every turn of our lives? To be able to analyse anything, we need first to define it, and here we find that it is impossible to define happiness.

There are many definitions available though, and most of these are clichéd, like the oft-quoted definition given by 19th century preacher Charles Spurgeon: “It is not how much we have, but how much we enjoy, that makes happiness.” Philosophers and spiritual leaders have told us that one’s happiness is derived not from material possessions, neither from sensual pleasures and nor from anything outside of oneself, but relates to one’s state of mind. William James, regarded as the founder of American psychology, wrote in 1902: “If you can change your mind, you can change your life.”

But the problem is that the mind cannot be permanent in an equilibrium state ~ it is ever changing. Hence happiness cannot be a constant state of euphoria, but rather a balance of emotions that somehow brings a sense of meaning, purpose and fulfilment. It is not an end or a goal, but only a state of “being”. Happiness is often equated or confused with “well-being” which is produced by interplay of a number of extraneous factors like income, health, education, basic liberties, choices available, relationships, physical and social security, etc. But even then, it is a subjective sense of well-being, which is neither measurable nor quantifiable.

Yet some Western international agencies bring out annual indices of happiness to rank different countries according to parameters devised by them. These rankings only reflect their own cultural, racial or civilisational bias without bearing an iota of truth, and are intended to generally demonstrate the socalled superiority of the West ~ which is now slowly decaying politically, morally and also economically ~ over the rest of the world.

A New York-based agency called Sustainable Development Solutions Network brings out an annual World Happiness Report, whose 2023 version has ranked India at 126th position out of 136 countries, much below strife-torn countries like Palestine (ranked 99), Iran (101), Sri Lanka (112), Myanmar (117) or Ethiopia (124), many of which ruthlessly suppress the civil liberties of their people. Their rankings depend on six parameters: per capita income, social support, life expectancy at birth, freedom to make life choices, charity, and perceptions of corruption.

It does not require superlative intelligence to divine that all these parameters are derivatives of a single parameter, i.e., wealth of a nation, and hence will always favour rich nations over poor ones. So, the richer you are, the happier you are; in other words, income is synonymous with happiness, an assumption not validated by facts, just as happiness cannot be equated with success in material terms. Happiness research is primarily based on people’s perception which can be assessed through surveys.

The mind is influenced by social and cultural factors; hence how we perceive happiness also depends on these factors. In collectivist societies like Japan, people reckon happiness more as a shared experience rather than individual satisfaction with life, whereas in individualistic societies, people perceive happiness more in terms of individual satisfaction, and also in comparison to others. Happy people increase the happiness of others around them; hence bonding within social groups and families contributes positively to happiness. But is happiness a choice in the sense that we can exercise control over it?

Buddhists believe mediation gives one control over one’s mind and hence over happiness. There are infinite websites that tell us how to be happy through mindfulness, feeling of gratitude towards “universe”, focusing on the “inner self”, replacing negative thoughts, etc., none of which sounds practically very convincing. Sociologists, scientists and economists bring another paradigm ~ they believe happiness is more the outcome of institutional and economic forces shaped by power differences between groups rather than a matter individual choice.

Thus, black people in America are less likely than whites to feel happy, a fact corroborated by studies. Groups with lesser power, income, wealth or influence are generally less happy than those who have more of these. Studies have found that income inequality is one major cause of unhappiness of people at the lower end of distribution.

A 2011 US study found that as income inequality grew, people in the lower half of the income range felt less happy. In recent times a movement called positive psychology, which treats happiness as “subjective well-being”, is gaining ground by focussing on the positive events and influences in life, rather than the negative and dysfunctional ones.

It lays emphasis on positive experiences like joy, inspiration or love, positive traits like gratitude or compassion, and positive institutions that apply and encourage these principles. But positivity has its own negativity too, as Edgar Cabanas and Eva Illouz explored in their book “Manufacturing Happy Citizens:

How the Science and Industry of Happiness Control our Lives”. They showed how happiness has been woven into the very fabric of power by a neoliberal alliance of psychologists, economists and self-help gurus.

Propped by influential institutions and multinational corporations, these “experts” often force governments to use oppressive policies and interventions to change people’s behaviour for what they believe are more successful, meaningful and healthier lives. In her 2007 book “The How of Happiness”, the positive psychology researcher Sonja Lyubomirsky describes happiness as “the experience of joy, contentment, or positive well-being, combined with a sense that one’s life is good, meaningful, and worthwhile.” Each of the terms here lends itself to varying interpretations.

To avoid such possible confusion, Aristotle had said much earlier, “Happiness depends upon ourselves.” Without trying to define, the British-American anthropologist Ashley-Montagu had said, “The moments of happiness we enjoy take us by surprise. It is not that we seize them, but that they seize us.” It is perhaps a functional definition, because we all experience such “surprise” moments that bring happiness.

Thomas Hardy has said, “Happiness is only an occasional episode in the general drama of pain” surrounding us, like tiny islands of hope in a vast, dark and desolate ocean. There are many who think that happiness consists in having a stream of small joys and pleasures to fill our days, and that happiness can be understood only on a daily basis, because there is no enduring, permanent, everlasting happiness.

“And they lived happily ever afterwards” is only a cliché, much too overused and meaningless. Most of us have everything we need to live happily ~ a nice family, successful kids, a good home, maybe a car too, a reasonable income, a reasonably good professional career ~ yet we are very unhappy at times. Events outside our control, like natural calamities, disruptive technologies, global financial crises, mental health issues etc. can completely overtake us, ejecting us out of our orbit of happiness. There is no linear pathway to happiness that can insure against all insecurities, and, in fact, it has ceased to be an individual choice.

Happiness is today measured by society, not by the individual. Society measures happiness by one’s ability to achieve more, accumulate more, hoard more, consume more, display more. In this unknown and enchanting land of “ever mores”, there is no rulebook, no ethics, no morality, no bounds whatsoever.

The brave new world equates happiness with success and success with happiness, and success is equated with limitless “more”, to keep pace with a restless world that is changing too fast ~ indeed, much faster than our ability to adapt and find peace in its swirl of uncertainty. Penny Locaso, an Australian entrepreneur and author of the book “Hacking Happiness: How to Intentionally Adapt and Shape the Future You Want” said, “Happiness is not a destination. It’s a state of mind, and you don’t need to be in it every moment of every day. Not only is that impossible, but it’s also unhealthy. Life is complex and uncertain. Ups and downs are normal….

How do you experience happiness if you don’t know sadness and pain?” Is sadness and pain, then, integral to happiness? It would be the ultimate incongruity if to understand happiness, first you have to go through pain and suffering, despair and frustration.

But the reality is that many people who have suffered devastating financial or emotional catharsis, have overcome their losses and their fears of uncertainty, and learnt to live simpler, balanced and fulfilling lives.

Psychologists refer to this as “emodiversity” ~ the ability to experience a diverse range of emotions in equal measures. But it is always the human connections that play a definitive role in human happiness.

GOVIND BHATTACHARJEE

Source: The Statesman, 25/05/23

Lifelong lessons

 

Five American states — Pennsylvania, Maryland, North Carolina, Alaska and Utah — have now dropped the requirement of a four-year college degree for most government jobs


The college degree is losing its shine right in the heart of the country that claims some of the best colleges in the world. Five American states — Pennsylvania, Maryland, North Carolina, Alaska and Utah — have now dropped the requirement of a four-year college degree for most government jobs. The immediate trigger is no doubt the tight labour market. But as college tuition continues to rise and their enrolments continue to decline, opinion polls repeatedly reveal falling public faith and support for traditional higher education.

What Peter Drucker called the knowledge economy seems not to be working quite as well as when the term was doing popular rounds in the second half of the 20th century. Even so, the erosion of faith in traditional colleges in the United States of America remains a localised phenomenon. It does not necessarily indicate a loss of faith in higher education per se, just in its traditional method and venue of delivery. The knowledge worker most likely to continue being relevant is still someone immersed in knowledge, just capable of coursing through its rapidly changing waters through an entire lifetime rather than bearing an early, immutable stamp. Lifelong learning, that great liberal humanist expression, is now a corporate catchphrase owned by organisers of distance, continuing, and (the particularly lucrative) executive education. And with pandemic-accelerated logistical support behind, and the ongoing and impending wave of Artificial Intelligence right ahead, the giant called educational technology has expanded its reach to engulf much of that life of long learning. Certainly enough for the newsmagazine, Inside Higher Ed, to describe a recent crucial gathering of tech and finance business leaders at MIT as the “oncoming AI Ed-Tech tsunami”.

The onset of the tsunami is being particularly felt in post-industrial island states where the key resource is people. At 275 square miles and home to 5.4 million people, Singapore knows well what its key strength is — human capital. “The only thing Singapore has,” Gan Chee Lip, associate provost for undergraduate education at Nanyang Technological University, recently told the Times Higher Education, “without natural resources, is people.” It is natural that Singapore has taken lifelong learning more seriously than most other countries because without a future-ready workforce it will quickly lose its edge in the global economy. The SkillsFuture programme was introduced by the Singapore government in 2014, with the motto, “Develop Our People”. With the goal of providing Singaporeans with “opportunities to develop their fullest potential throughout life,” it gives every citizen aged 25 or older S$500 of credit that they can spend on further education or training. The programme has gained traction in the corporate world as it does not necessarily require employees to commit to a full-length academic programme but space out the learning as and when necessary. Universities have followed, with the National University of Singapore making the striking announcement in 2018 that all its alums will stay enrolled in the university for 20 years from admission, making its 300,000+ alums automatically eligible for its 700-odd continuing education courses, to which they can apply their government subsidies.

Innovative US institutions have been experimenting with the ‘fragmented’ college model for some time now. The Design School at Stanford initiated a six-year undergraduate degree a few years ago, which could be taken in instalments of two years each in different decades of one’s life. It is not quite clear what the success of that initiative has been, but what is clear is that the traditional model of college education is under significant pressure in the US, not just from unsympathetic politicians and an increasingly disinterested public but also from the rapid decline in numbers of college-age students, which is projected to reach a major crisis in 2025. Which, incidentally, means that these colleges will be more eager than ever to welcome fee-paying international students, particularly from Asia, from where applications continue to rise.

That the bachelor’s degree is being stretched and pushed in different directions is clear from its new incarnation in India’s National Education Policy, 2020. As we know by now, it offers four versions of undergraduate certification, attainable at the end of each of the first, second, third, and fourth years. This is a significant departure from the examination-driven, three-year structure that was the colonial inheritance of Indian universities from the University of London model. While the relevance of undergraduate research is acknowledged in the expanded, four-year degree, a productive fragmentation of this education seems to be the goal behind the early exit policies, with credits bankable and transferrable through the Academic Bank of Credit. The NEP seems torn between — sometimes productively and sometimes not so productively — the liberal, the professional, and the vocational — and the pluralisation of the undergraduate degree reflects this, to a similarly mixed effect.

But it is impossible to talk about the fragmentation, diminution or, for that matter, the obsolescence or lifelong expansion of the college degree without considering what this means for social mobility, particularly for those who need it the most. This was, indeed, the caveat behind Drucker’s knowledge society — the loss of manufacturing jobs to venues overseas, he had argued, would render the American unskilled worker jobless — as it did across the Rust Belt across the Midwest. The NEP committee, now working on the National Curriculum Framework, recently asked me to provide a brief definition of ‘knowledge’ that could be used to frame the policy discussion, and while trying to think of something that would be as expansive as it would be pluralistic — a sore need of the hour — I realised anew the porousness and amorphousness of the term, whether at the secondary or the post-secondary stage. And it is a problem of practice, not just philosophy. Knowledge and skill are just elements of the educational experience, and the college degree offers the making of a cohort, a community, and socio-professional networks that may just return to the exclusive possession of the born-elite if eroded beyond recognition. The biggest risk of the early-exit undergraduate degree is the early exit of the poorest college student.

Saikat Majumdar is Professor of English and Creative Writing at Ashoka University

Source: The Telegraph, 24/05/23

What is the tampon tax and which countries have axed it?

 

Millions of women and girls face what is known as 'period poverty'. Tax on pads and tampons make the matter worse. Currently, such taxes have been scrapped or cut in 48 nations, with advocates saying that access to hygiene products is a rights issue.


More than a quarter of menstruating women and girls around the world – some 500 million people – struggle to manage their periods, often because they cannot afford sanitary pads, according to the World Bank.

Concern about “period poverty” has fuelled campaigns globally calling for the end of the so-called tampon tax, which refers to consumption levies such as value-added tax (VAT) that most countries charge on items such as sanitary pads, tampons, panty liners and menstrual cups.

In some countries, period products are considered non-essential items for VAT purposes, while items including toilet paper, condoms and over-the-counter medicines are tax-free or carry a lower levy.

Here’s what you need to know about tampon taxes around the world.

Which countries have abolished the tampon tax?

Since Kenya became the first country to scrap VAT on sanitary pads and tampons in 2004, at least 17 countries have followed suit, according to research by the Thomson Reuters Foundation.Among the latest countries to pass laws to abolish the tampon tax are Mexico, Britain and Namibia.Another 10 countries have designated sanitary products as tax-exempt goods or have exempted the tax on imported raw materials used to make them.

Advocates against period poverty usually campaign for sanitary products to be zero-rated for VAT, as this means producers can also claim back taxes on raw materials, making the final product truly tax-free.

Although Tanzania and Nicaragua had also scrapped the tax on period products, both countries reintroduced it in 2019. Mainly in Europe, 17 countries have reduced the VAT on sanitary products, with Italy the latest to do so this year.

The European Union last year revised a directive that previously only allowed member states to reduce VAT on sanitary products by 5%. The change means nations can now apply lower tax rates to some goods.

In tampon tax pioneer Kenya, free distribution of period products in schools is included in the annual budget, though campaigners say the supply is patchy.

Elsewhere in Africa, free pads are provided to schoolgirls in South Africa, Botswana and Zambia.

Why are some countries unwilling to scrap tampon taxes?

VAT is an important source of revenue for governments – and the reason why many countries still have a tampon tax. In countries belonging to the Organisation for Economic Co-operation and Development (OECD), VAT revenue represented 6.7% of their gross domestic product (GDP) in 2020.

VAT rates vary widely from country to country – from 5% in Canada to up to 27% in Hungary – and governments often have different definitions of what is considered an essential good that is exempted from the levy. In nearly two dozen U.S. states, menstrual products still carry a general sales tax (GST) similar to VAT that is levied on all consumer goods and services, said Laura Strausfeld, executive director at Period Law, a non-profit doing law and policy work to end the tampon tax in the United States.

Several other U.S. states have no such levy. Advocates also say that in countries where menstruation remains a taboo subject, lawmakers and policymakers show little interest in starting debate about the affordability of period products.

What comes next?

In the United States, advocates said there is growing political will to remove the sales tax in states where it is still imposed such as Texas, where a bill to scrap it won preliminary approval in March.“This is actually the first year that this (removing the tax in all states) can happen. In 2023, there are 22 states left and all of them are on a path towards removing the tax,” said Strausfeld.

From Chile to the Czech Republic there are ongoing efforts to slash the tax, as well as bills to distribute free products in schools, such as the Dignified Menstruation Law in Mexico.

Some women’s rights advocates say the distribution of free pads may ultimately be the only way to ensure access to period products. n 2022, Scotland became the first nation to make tampons and sanitary pads free and available at designated public places such as community centres, youth clubs and pharmacies.

Source: Indian Express, 25/05/23

Friday, April 28, 2023

Quote of the Day April 28, 2023

 

“Almost everything you do will seem insignificant, but it is important that you do it.”
Mahatma Gandhi
“आपका कोई भी काम महत्त्वहीन हो सकता है, किंतु महत्त्वपूर्ण तो यह है कि आप कुछ करें।”
महात्मा गांधी

World Development Report 2023: Migrants, Refugees, and Societies

 he world population has reached eight billion and is expected to grow for decades, but many countries are facing a sharp drop in working-age adults. The competition for workers and talent will intensify globally, and many countries will be reliant on migration to realise their long-term growth potential. A recent report from the World Bank, titled “World Development Report 2023: Migrants, Refugees, and Societies”, proposes policies for better migration management in destination, transit and origin countries, underscoring its urgency.

Match-Motive Framework

The report introduces the “Match-Motive Framework,” a labour economics-based approach that emphasizes how well migrants’ skills and attributes match the needs of the destination countries. The framework also considers the reasons why migrants move in search of opportunity and determines the extent to which migrants, origin countries and destination countries gain from migration. The framework combines “match” and “motive” to determine policy priorities for countries of origin, transit, destination, and the global community.

Policies for Origin and Destination Countries

The World Bank report suggests that origin countries should make labour migration an explicit part of their development strategy. At the same time, it is suggested that the countries of destination promote migration in sectors where migrant skills are highly sought after, make efforts to integrate them into their society, and tackle social consequences that may worry their citizens. The report also calls for international cooperation and multilateral efforts to strengthen the match of migrants’ skills with the needs of destination societies.

Population Shifts

Many low-income countries are anticipated to experience a surge in population, which will exert pressure on them to generate additional employment opportunities for the youth. However, developing and impoverished nations such as India are observing an increase in the number of young people, while developed countries have already surpassed this stage, as they are experiencing depopulation. Spain, with a population of 47 million, is predicted to reduce by over one-third by 2100, with people aged 65 and above accounting for a greater proportion of the population, escalating from 20 per cent to 39 per cent. As their populations are no longer expanding, countries like Mexico, Thailand, Tunisia, and Türkiye might soon require more foreign workers.