Global warming

The average temperature of the Earth has been increasing continually since the late 19th century. The mean global temperature in the 1960s was 13.9-degree Celsius whereas in 2017 it was 14.9 -degrees Celsius. Thus, no one can deny the fact that the temperatures have been rising on our planet.

Humans have been primarily responsible for the release of harmful gases. Our activities including industrial production, petroleum extraction, transportation, burning fossil fuel, mining, cattle rearing, and deforestation are reasons for global warming. The first impact of global warming is the melting of polar ice caps and glaciers causing a loss of habitat for species in the frozen zone. Losing tonnes of ice could result in the rising of sea levels, and inundation of coastal areas all over the world. Glaciers being the main source, many rivers could dry up if glaciers melt. Global warming and erratic changes in climate patterns are closely linked. Frequent droughts, torrential rainfalls, stronger cyclones have occurred frequently along with extreme heat waves and wildfires.

Global warming impacts food availability too. Agriculture could become a very costly occupation because of floods and droughts.

There are some measures that can prevent global warming like to offset carbon emissions, the Indian government is taking various initiatives. We should go for energy-efficient lights such as LED bulbs. We can drive less and use public transport. Recycling has to be undertaken

We should go to the beaches, parks, and zoos to realize the importance of preserving nature’s gift to mankind. So, yes, Global warming is a real thing and we as the inhabitants of the Planet Earth need to be more cautious and wise when using nature for our good. If not taken seriously, not just the earth, but we will find ourselves too yearning for life and resources to survive.

The lasting impact of Demonetization 

Demonetization is the act of removing currency as legal tender. When a legal tender is demonetized by the government, it loses its value in the market, instantly becoming trash. Countries across the globe have used demonetization to counterbalance the economic condition, to check inflation, corruption, and to promote a cashless economy. Demonetization has an immediate effect on many areas, such as consumption, investment, production, and employment.

On November 8, 2016, Prime Minister of India, Shri Narendra Modi announced the decision to ban 500 and 1000 denomination currency notes. One of the issues people ran into was the unpreparedness of the Reserve Bank of India to replace the recalled currency notes with new 500 rupee notes and/or the 2000 rupee notes. This caused an insufficient cash flow for the population and businesses for their daily transactions.

Demonetization helps in closing businesses running on black money and destroying the black money savings of people. This stops the circulation of fake money. This also stops the unlawful activities that were happening due to the unaccounted flow of funds. It pushes people to pay income tax.

It can however deeply affect business; the whole economy comes to standstill. Many regular daily wage workers get jobless. The 2000 rupees note is a load on the people as no one wishes to do the transaction with such high-value currency. The sudden announcement caused chaos as everyone was running to banks to exchange the notes and the long ATM line made it hectic.

Despite this, if we analyze the advantages versus defects, it will be safe to assume that the past surpasses the latter. Even though there is misery and suffering among the people’s rights at the instant but the estimate is that its advantages will be seen in the long run.