Global Economic Models! Are We Auguring Extinction?

With mass extinction taking place on Earth and having lost innumerable species, it is time for us to rethink. The extinction is continuous as many species all over the Earth are dying on day to day basis. The valuable forests our green lungs are being rapidly devoured for wealth and survival. There are lot of incongruities that is threatening life on Earth a delicate and fragile ecosystem. Life depends upon an equilibrium created by innumerable earthly elements and we are dependent upon that till we can trans-locate to another planet with life supporting systems.  

With this COVID - 19 pandemic our time has come as well? 

Well it is only a conjecture but you never no. With rapid incidence of disease and disorders, internecine wars, overpopulation, self annihilating weapons and a failed economic model we are dying for sure! Albeit slowly.   

Why is extinction happening regularly? 

Some species naturally become extincting when their contributory role is over on Earth. But most of the extinction that is taking place is at the behest of humans and their inimical activities. The race to amass wealth is the case of already developed countries and for the less fortunate it is a race for survival. But that is our creation overpopulation, lack of conservation ethos, greed and what not. Nature does not understands human predicament it is a fragile web of life in conjunction with limited earthly elements where a fatal rupture is taking place at the present juncture.         

Infinite economic growth and unchecked infrastructure development not forgetting ill planned urbanization all at the cost of our environment is the cause of the deadly menace we are facing. The unmitigated lust for having a go at limited natural resources is a common occurrence at this juncture , it is the work of an economic model that is causing harm to our environment and leading towards species extinction that includes us humans.

Albeit as harmful to Earth, the global warming and the resultant climate change pale out whence compared with deadly COVID-19 pandemic.

While there should Global regulations and restrictions as regards the commercial activities like industrialization and exploitation of natural resources the idea appears to be at best chimerical. With the Earth in absolute chaos we have to look within!

Forget about the World order, we in India are also under the deadly spell of this pandemic. Labelled as a developing country with abject poverty all over we are hard pressed to provide life of sustenance to an overpopulated mass.

The ill planned economic models are cause of death and destruction all over the World India too is contributory. Hence we have to sit back and rationalize. hat is going wrong? Development is an imperative but at what cost?

The impact of unchecked natural resource utilization and denudation of scarce ecosystems has contributed to environmental ills that we are witnessing and more is to come. 

When environmentalist protest against National policies it does augur extreme and honest circumspection if not more. How we can move ahead minimizing harmful actions and policies? This pandemic albeit a zoonotic disease is an indication of what happens when we do not stick to responsible behavior and continue to indulge propelled more by instinct than careful planning.

In India our ecosystems (remaining), natural resources, and vast stretches of open land which even though do not constitute as ecosystem are valuable to us for the environment's sake. In short we have to minimize land use and exploitation of natural resources in our country. This will help, even though we will not be left unscathed by the impact of inimical global activities that are raging uncontrolled around us. It will be a good beginning anyway and exemplary.    

Why the affect of COVID-19 has been sparing in our country? Although too early to say as it is not  understood well yet. But it could be because of something we have been doing right? 

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Uday is a content writer and seo service provider. He also teaches Digital Marketing in Jabalpur in Summer.
As a freelance Naturalist he loves to blog on wildlife, tigers, conservation and environmental issues hence the article.
He can be contact at:
pateluday90@hotmail.com
09755089323

Empowered Economy Digital & Cashless

Digital India Program is an effort of the Government  to empower and establish a digital society that is cashless and hence paperless. The flagship program aims to augur a knowledge based economy that will keep in accordance with developed World.  Albeit an effort in the right direction, it is by all means of Herculean nature. 

In order to implement a technology familiarisation of which is based on advance learning - amongst the masses - a pragmatic approach is required. We have to first understand the structural profile that the country embeds in its folds. The major aspect that makes implement of  advance technologies successful is the demographic ease with which it is adopted.

Our adult literacy stands at 74 percent which is far below that of the developed World. With World's largest illiterate populace adapting to new hitherto unknown means of financial transactions would be in the present context difficult. In order to bring in a positive demographic transition vis-a-vis education we have a long way to go.

But then it is now or never for digitisation of National economy. Hence encouraging the new mode by discouraging old financial dispensations through innovative campaigns is a must.   

It is not only literacy that matters, adaptation to a new environment faces hurdles due to a stagnant mindset that prevails in a deeply tradition bound society. In India not only the corrupt but the honest as well are immensely habituated to cash based systems since ages.

In order to stem the rot and obliterate corrupt practices digital technology appears to be at the forefront. But than do the masses feel at home with it? How quickly will we adapt to the digitised mode of financial transactions? 

Another major hindrance is the communication infrastructure that prevails in the country. In order to digitise, an efficient and foolproof communication system is the need of the hour. Accessibly to high speed low cost Internet with pan India spread is an imperative. The infrastructure albeit improving is far from adequate.

Take the example of ATM machines and their upkeep. Frequent breakdowns, lethargic cash management and accessibility are the key factors that riddles smooth flow of cash. The supporting factors like electricity, transportation and saturation of  machines are severely lacking especially in remote settlements. Understanding new often app based technologies like online payment gateways, e wallets and other modes of cashless transaction will take loads of time. Hence integration of masses with these systems is time bound not immediate. Thankfully old systems have not been discontinued hence alternate familiar means are there to facilitate individual needs.      

The crucial banking sector is exhibiting hiccups in adapting to the new environment. Most of the employees are slow to adapt, hence encumbering the organization with additional training inputs.

The problem is further  compounded by the fact that disproportionately large habitation in India is rural and remote, and that too dependant on an agrarian economy. Most of the inequities like illiteracy, poverty and a stagnant economy dependaning solely on the monsoon are found amongst the rural segment. Severely lacking in infrastructure development regards basic necessity; the rural segment suffers from vast economic disparities as well.

On the contrary the most of the advance technologies are highly urban centric. How the rural segment copes with this new transition only time will tell. One positive factor I have come to notice is the ease with which people have adapted to wireless telephony (read mobile), but the lack of Internet kiosks and their popularity is not at all encouraging. Look we are trying to implement a system which is popular in homogenous, tech savvy and highly literate populace of the developed World. These attributes do not apply to our country with diverse demography, loads of illiteracy and comparatively small segment of tech savvy populace.                   

Breaking the norm in an ecosystem that flourishes on cash is not an easy task. Nevertheless the programme has to go ahead if we have get rid of the old system that to a great extent facilitates tax evasion, subversive activities as well as encumbers the banking system in time of automation with extra manpower.