Challenges of sebi
- Insider trading - technology + glob — recent case of zee entertainment
- Flyby the night companies
- Poor implementation- Adani hindenberg, nse md
- Bulky documentation - more focus on regulation than prudential regulation
- Watered down by SEBI appellate tribunal
- Cyber crime - algotrading
- Finfluencers
Why should state bring in a ucc
- Constitutional obligation under A.44
- Gender justice - issues like bigamy, polygamy, talaq( shayara bano case )
- Common law will lead to simplification and effective administration
In shah bano case, sarla mudgal case - icc imperative for protection of oppressed and promotion of national integrity
Issues with Ucc
- Constitution
- constitutional experts of the view that constn didn’t intend total uniformity
Ex: personal laws in concurrent list
- art 25 - practice and propagation - Conservatism in society -
Ex: Women entry in Sabarimala still not in full fledge bcoz of lack of acceptance of Kerala community - Misconceived notion by minority regarding majority subjugation
- Fuel separatism
- Western concept
LC in the past - unified nation doesn’t necessarily need to have uniformity - Tribal community follow their customary law
Way forward for Ucc
- Pannalal bansilal case : although desirable , ought not to be enacted in one go
Govt should bring marraige, adoption, succession etc piece by piece under a uniform law - Law commn paper on family law
- compulsory registration of marriage
- uniform age of marriage ( 18 years )
- codification of personal law
Key features of mediation bill 2021
- Mandatory pre- litigation in civil and commercial
- MSA ( mediated settled agreement ) made enforceable
- Recognises online mediation
- Mediation council of India- regulation, training mediators and improving the quality
- Excludes certain - minors, unsound mind
- Community mediation
Shortcomings in mediation bill
- Psc
- mandatory pre - against constn right
- appt and qualification of MCI not clear - Challenges in cross border
- Social power
Wf
1. Voluntary
2. Selection panel
3. Mediation council in every state
4. Time limit 90+60
Positives of social media
- Permission-less leverage - anyone can enter, create content and make money
- Diverse view points, diverse culture - true globalisation
- Direct communication with govt
Ex: twitter seva during Covid - Encourages digital literacy
- Development of small business
- Disaster response
Ex: WhatsApp messages during Kerala flood
Case - 5 year old Mahira khans video regarding online edn during pandemic led authorities to reduce duration of online classes for Lower classes.
Issues with social media
- Security
- fake news - mob lynching, exodus
- chatbots of Khalistan in twitter
- honey trapping of security officials
- DIGITAL UNDEMOCRACY - more polarised, more views - Technology design
- echo chamber - confirmation bias
- filter bubble - intellectual isolation - Political
- microtargeting electorate
- paid news
- negative image on govt - ias IPs fight in Karnataka - Regulations
Collingridge dilemma - Economic
- financial scams- squid game cryptocurrency was prompted via social media
- finfkuencers - People
- doom scrolling affecting mental health
- phubbing affecting family relationships
- cancel culture
For - GNCTD bill
- Constn provisions
- 239AA(3)(b) - Kc wheare- quasi fedralism
Wb vs UOI - Indian constitution is an amphibian
Since Delhi is a ut and capital state
Against GNCTD bill
- Overturns sc judgement
- Triple chain of accountability
- Widens 239AA(3)(a)- now services also not under Delhi assembly along with l,lo,p
- Bureaucratic dominance in national capital civil service authority
- This coupled with GNCTD ACT of 2021- widens discretionary power of LG
There is a growing degree of closeness between india and USA. Substantiate
Give broad headings
- Defence
- Tech
- Space
- Economy
- Initiatives
- American exceptionalism to india
India USA defence
India USA technology
India USA space
India USA economy and initiatives
American exceptionalism
Concerns in india USA relationship
