Hyderabad Horror; Debt Relief; Carbon Trading
Opinion Watch
Hyderabad Horror
A four-year-old toddler was mauled to death by a pack of stray dogs in a housing society in Hyderabad. The Pioneer in a scathing remark has said that the “problem lies with the pigheadedness of animal activists and misplaced sympathies of animal lovers”. The Noida-based daily has also stated that the Hyderabad incident is part of a national problem, as Delhi is infested with monkey menace while authorities remain clueless. The daily has also slammed those who feed stray dogs, while wondering that India aspiring to be a global leader has no answers yet to the rising man-animal conflict.
Housing societies across the country are now battlefields for dog-lovers and others amid rising incidents of dog bites. The people are keeping hunting dog breeds as pets in flats, who turn violent when set free. Hyderabad horror is sickening. Municipal norms on dogs are hardly enforced. Yet, it is undeniable that man-animal now share habitations. Dogs struck friendship with men first when hunting was the source of food. Resident welfare associations and municipal authorities must find solutions to the risk of violent stray dogs.
Debt Relief
In the post-Covid era, a majority of nations have gone into debt stress. Even thriving economies are reeling under debt spiral. This may be true also for individuals. The Economic Times in an Editorial has said that the Indian Presidency of G20 should be able to find ways for global debt relief. The daily stated that 48 of the 73 countries have participated in the debt service suspension initiative launched in 2020. The business daily mentioned that China is the biggest lender to developing nations.
Sri Lanka, Pakistan, Bangladesh, Nepal, South American nations and several others are battling unmanageable external debt. Part of the problem is China and its ‘Belt and Road Initiative’. The G20 will need to work for adequate reforms in the International Monetary Fund or find innovative ways to deal with global debt.
Carbon Trading
One carbon trading company based out of Madhya Pradesh has seen its share price zooming to jaw-dropping level in a span of two years. India is yet to tap the carbon trading potential. But the urgency is catching up, and The Hindu in an Editorial has said that amendment to ‘The Energy Conservation Act’, which enshrines principles of international conventions to which India is party to is on the card. The Chennai-based daily has desired for the government pressure on the industry to take steps for mitigating carbon emissions, while also hoping that domestic finance would rise to the occasion.
India has set ambitious target for carbon emissions without compromising the development aspirations. Technology is the key to achieving the goals. India’s outreach to Nordic countries is meant to accelerate clean energy migration. Also, developed countries will buy carbon credits, which India should tap in a big way.
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