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Can’t Stop Crypto But Must Be Regulated, Panel Of MPs And Industry Agree

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Can't Stop Crypto But Must Be Regulated, Panel Of MPs And Industry Agree

Introduction 

The standing committee on Finance is chaired by Jayant Sinha. He met the representatives of Blockchain and Crypto Assets, crypto exchanges,  industry bodies and other stakeholders.  There are many concerns from different areas regarding investment potential and risks around Cryptocurrency in India. 

Serious concern 

One of the members of the Indian Parliament expressed his concern over full-page Cryptocurrency advertisements in newspapers. 

Statement of Jayant Sinha 

Jayant Sinha said that We have called stakeholders from the industry including operators of major exchanges, members of CII as well as academics from the Indian Institute of Management Ahmedabad, who have done a very deep study on the topic of crypto finance.

Conclusion 

MP has attended the meeting on Crypto-Finance and given a hint that the Government is planning to bring a new Bill to regulate Cryptocurrencies.

The new Bill might  be brought in the winter session of the Parliament that it is November 29, 2021.

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Current Affairs

1st Cases In Andhra, Chandigarh; India’s Omicron Count Now 38: 10 Points

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Omicron

Omicron cases are increasing and there are cases of Covid-19 variant in Delhi, Rajasthan, Karnataka, Maharashtra and Gujarat. 

There are fresh Omicron patients risen to 38 as 1 each in Chandigarh, Karnataka, Maharashtra, Andhra Pradesh and Kerala. 

Top news related to Omicron 

There was the first case in Nagpur, Maharashtra. A 40-year-old man came back from South Africa via Delhi. He was tested positive at the airport on December 6.There was the 18th case of omicron on December 11 and 12.In Kerala’s Ernakulam, a patient returned from the UK via Abu Dhabi and tested positive for Omicron. Till then, he was home quarantined and his family members and other passengers were home quarantined. A 20-year-old who came from Italy tested positive. A man who returned from Ireland to Andhra Pradesh was tested positive for Omicron. Maharashtra has the maximum number of cases.The ICMR unit in Assam has developed a new testing kit to detect Omicron in two hours.The WHO warned the nations of the Asia Pacific region to boost healthcare capacity and full vaccinate their people.

Conclusion 

The Omicron strain is considered to be highly transmissible and it has spread to almost 59 nations.

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India’s Harnaaz Sandhu crowned Miss Universe 2021

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India's Harnaaz Sandhu crowned Miss Universe 2021

Harnaaz Sandhu, a 21 year old from India, represented India at the 70th Miss Universe 2021 which was held at Eilat, Israel. 

In 2000, Lara Dutta won the title of Miss Universe.

She was presented the crown by Andrea Meza,  the former Miss Universe of 2020 from Mexico which was live-streamed all across the world.

The first runner up was from Paraguay and second runner up was from South Africa.

About the Miss Universe event 

In the top three rounds, the contestants were asked what advice would you give to young women watching on how to deal with the pressures they face today?

Harnaaz Sandhu answered this question amazingly. She said the biggest pressure the youth of today is facing,  is to believe in themselves.  To know that you are unique makes you beautiful.  Stop comparing yourselves with others and let’s talk about more important things that are happening worldwide.  Come out and speak for yourself,  because you’re the leader of your life.  You are the voice of your own. I believed in myself and that is why I am standing here today. 

Conclusion 

Her powerful answer made the beauty top 3 of calling for less talk and more action.

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Farmer union to meet the government to decide on further movement

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Farmer union to meet the government to decide on further movement

The proposal from the government which addresses the pending issues has been accepted by farmer unions and the farmer union will be meeting the government on Thursday (9th December 2021) at noon.

Farmer union to meet the government and decide further movement

The farmer union, SKM (Samyukta Kisan Morcha) accepted the government proposal which addresses the pending issues of farmers.

It was on Tuesday (7th December 2021) when the central government sent the draft to the farmer union which is a five-member committee. Sources have indicated that once the final draft of the proposal agreed by both the parties is received by the union, the farmers’ protest which started on 26 November 2020 will end.

The issues listed in the draft were Surety on Minimum Support Price, withdrawal of the draft Electricity Amendments Bill, 2020/2021, withdrawal of criminal cases against the farmers, and also compensation for the families of farmers who died during the protest.

The SKM said that they will be meeting the government at Singhu Border on Thursday at noon to come up with a formal decision and later end the protest.

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