The U.S. Securities and Exchange Commission on Monday dropped its emphasis on the oversight of companies offering crypto asset-related services as part of its priorities for examining Wall Street firms for the current fiscal year, according to an annual statement published by the agency.The U.S
Kerala Declared First 'Extreme-Poverty Free' State Of India; Opposition Cries

Kerala Declared First 'Extreme-Poverty Free' State Of India; Opposition Cries 'Pure Fraud' Over 64,006 Families Data
Kerala CM Pinarayi Vijayan declares state first in India to eliminate extreme poverty after targeting 64,006 families. The UDF Opposition boycotts the Kerala Piravi session, calling the claim 'pure fraud.'
Kerala Chief Minister Pinarayi Vijayan on Saturday officially declared that the state has eliminated extreme poverty, a feat the ruling Left Democratic Front government claims makes it the first state in India to achieve the distinction.
The Chief Minister made the announcement during a special session of the State Assembly on November 1, which was convened to mark the anniversary of Kerala's Formation Day, known as Kerala Piravi. The declaration follows the successful completion of a targeted four-year project.
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This is a result of the Extreme Poverty Alleviation Project initiated by the state government in 2021, whose goal was to eradicate extreme poverty by tackling the needs of targeted households.
Identification: In the first stage, ground-level surveys were conducted which identified 64,006 families (comprising 1,03,099 individuals) as "extremely poor."
Parameters: Based on severe deprivations across key indicators that included access to food, health, housing, and livelihood.
Micro-Plans: Minister for Local Self-Governments, M.B. Rajesh, said the project had prepared micro-plans specifically for this demographic group, regardless of whatever welfare schemes were in place.
Context: The initiative was targeted at what it called a "microscopic minority" of the population after a NITI Aayog study had already placed Kerala at 0.7%, the lowest poverty rate in India.
The announcement was immediately met with fierce protest from the Congress-led United Democratic Front that boycotted the assembly session.
Walkout: The opposition, led by V. D. Satheesan, the Leader of Opposition in the State Assembly, termed the Chief Minister's claim as "pure fraud" and an act "in contempt" of House rules, before staging a walkout.
CM's Response: The CM, Vijayan, while responding to the protest, dismissed the opposition's allegations and said, "We only say what we can implement. We have implemented what we had said. That is our reply to the opposition leader." He suggested that the term "fraud" reflected the UDF's own behaviour.
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Source: ZeeNews
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The U.S. Securities and Exchange Commission on Monday dropped its emphasis on the oversight of companies offering crypto asset-related services as part of its priorities for examining Wall Street firms for the current fiscal year, according to an annual statement published by the agency.The U.S
3 months ago