Srinagar, Dec 20,2021: Amid reports that the Delimitation Commission has proposed six additional assembly seats for Jammu region and one for the Kashmir Valley, Kashmir centric politicians on Monday hit out at the Union government for serving BJP’s interests.
Former Chief Minister and National Conference Vice President Omar Abdullah said it was deeply disappointing that the Commission appears to have “allowed the political agenda of the BJP.”
“The draft recommendation of the J&K Delimitation Commission is unacceptable. The distribution of newly created assembly constituencies with six going to Jammu and only one to Kashmir is not justified by the data of the 2011 census,” he said in a series of tweets.
“It is deeply disappointing that the Commission appears to have allowed the political agenda of the BJP to dictate its recommendations rather than the data which should have been it’s only consideration. Contrary to the promised ‘scientific approach’, it’s a political approach,” he added.
Another former Chief Minister and PDP President Mehbooba Mufti said the “real game plan is to install a government in J&K which will legitimise the illegal & unconstitutional decisions of August 2019”.
“My apprehensions about the Delimitation Commission weren’t misplaced. They want to pitch people against each other by ignoring the population census & proposing six seats for one region and only one for Kashmir,” she tweeted.
“This Commision has been created simply to serve BJPs political interests by dividing people along religious and regional lines. The real game plan is to install a government in J&K which will legitimise the illegal and unconstitutional decisions of August 2019,” she added.
Peoples Conference President Sajad Lone said the “recommendations reek of bias”.
“The recommendations … are totally unacceptable. They reek of bias. What a shock for those who believe in democracy,” he said in a tweet.
The Delimitation Commission was set up last year to redraw the electoral constituencies of Jammu and Kashmir and four northeastern states.
New Delhi, Dec 16,2021: The Union Cabinet on Wednesday approved Rs 76,000 crore scheme for developing semiconductors and display manufacturing ecosystem in the country.
The decision has come amid global shortage of chips affecting the manufacturing sector. The Indian car industry has been among the worst-affected by the chip shortage and have been grappling with the challenge of meeting the demand.
The mega semi-conductor project is expected to deepen India’s integration with global value chain and have multiplier effect across various sectors.
As per the plan, a minimum of 20 chip-manufacturing units would be set up in the next 2 years.
Elaborating on the plan to make India a global chip manufacturing hub, Minister for Communications, Electronics & Information Technology and Railways Ashwini Vaishnaw said that the government has also envisaged to create a talent pool of highly-qualified engineers over the coming years.
Accordingly, a chips to start-ups (C2S) plan has been approved.
A design-linked incentives (DLI) has been approved by the government under which 50% of the design related expenditure would be borne by the Government of India.
The Programme for Development of Semiconductors and Display Manufacturing Ecosystem is expected to significantly contribute to achieving US$ 1 trillion digital economy and a US$ 5 trillion GDP by 2025.
Vaishnaw said that in the last seven years the electronics manufacturing industry in the country has reached US$ 75 billion.
“…and the rate at which we are moving we would reach the figure of US$ 300 billion in the next six years,” he said.
In a move to further boost fintech sector, the Cabinet also cleared an incentive scheme for promotion of RuPay Debit Cards and low-value BHIM-UPI transactions.
Mumbai, Dec 15,2021: In an attempt to “revolutionize” the movie industry, NFT Community Arabian Camels and Swapp Protocol on Wednesday launched the “Antara Movie NFT,” which allows buyers to hold up to 50 percent Intellectual Property rights to “Antara”, a USS50 million feature film based on the life of Arabian knight Antarah Ibn Shaddad.
Arabian Camels will partner with Swapp Protocol to produce the world’s first decentralized feature film production NFTs with DeFi capabilities. The idea behind partnering with Swapp Protocol is to enable the use of their decentralized finance products to eliminate the monetary risk associated with movie funding.
“My vision was to create a system to produce films that normally cost more than USD50M, completely risk-free,” said Alexander Amaratei, the Producer of Antara. “In addition to eliminating funding risks, this system would allow films to be owned by the fans and the NFT owners. This feat would not have been possible without Swapp’s innovative NFT Farming capabilities and blockchain/cryptocurrency knowledge and platforms.”