A Historic Moment for India and a Global Commitment to Health
History was scripted when The Constitution (One Hundred and Twenty-Eighth Amendment) Bill, 2023, seeking to reserve 33% of seats in Lok Sabha and state Assemblies for women, was passed unanimously by Rajya Sabha, a day after it sailed through Lok Sabha.
The passage of the Women’s Reservation Bill marks a monumental milestone in India’s democratic journey. This historic legislation, the first to be cleared by both Houses in the new Parliament building, sends a resounding message of gender equality and empowerment. With 214 votes in favour and none against in the Upper House, the unanimous support reflects the nation’s commitment to ensuring women’s voices are heard more effectively.
In addition to this historic achievement, India has another reason to celebrate. JPMorgan’s decision to include Indian government bonds in its widely tracked emerging market debt index is poised to have a significant economic impact. This inclusion is expected to lead to billions of dollars in investments in India, reinforcing the nation’s position as the world’s fifth-largest economy. The eligible Indian Government Bonds, with a combined notional value of $330 billion, are classified as “fully accessible” for non-residents, further enhancing India’s appeal to global investors.
On the global stage, world leaders have pledged to boost efforts to provide universal health coverage to all people by 2030. At the UN General Assembly, a landmark political declaration was agreed upon, with countries committing to concrete actions and funding to achieve this ambitious health goal. With more than half the world’s population lacking access to essential health services, this commitment is a crucial step in addressing global health disparities and poverty caused by limited access to healthcare.
Moreover, the upcoming Summit of the Future, set to take place in September 2024, presents a unique opportunity to reinvigorate multilateralism and strengthen global governance. UN Secretary-General António Guterres emphasized the importance of this summit in aligning multilateral institutions with the realities of today’s world, emphasizing equity and solidarity.
In a world filled with challenges and uncertainties, these developments demonstrate that collective action, commitment to gender equality, and addressing global health disparities are pivotal to shaping a brighter and more inclusive future for all. As we celebrate these historic moments, let us recognize the power of unity and shared goals in shaping a better world.
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Wishing you enjoyable reading ahead!
Pallabi Boruah
Editor
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