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In July 2022, Science & Technology minister Dr. Jitendra Singh said that the Indian Space Research Organisation (ISRO) is developing the capability to launch humans on quick space tourism flights.
This year, the Union Budget has laid a sound roadmap for fintech and its scope in augmenting services to the people.
The introduction of Digital Currency and core banking in post offices are considered the next leap for fintech in India.
The recent challenges that India’s tourism sector is facing also provide us with an opportunity to rethink tourism in this modern day and invent new ways to enhance the tourism experience for the people. With the help of new technology advancements like 5G, AI and drone tech, India can think of new solutions to boost tourism and new ways to promote Indian tourism around the world.
As financial services such as payments, insurance and money management are increasingly becoming digital, consumers are now increasingly vulnerable to scams, frauds, data theft etc. So, 'Fair Digital Finance' was selected as the theme for World's Consumer Rights day, 2022 to build a digital financial marketplace that is safe, inclusive, and sustainable for everyone.
Climate change can make weather patterns less predictable. Farmers' decisions regarding what crops to plant and when to grow them are impacted by uncertainty about monsoonal changes, which lowers productivity. Work hours are cut in industries like construction that need a lot of outside activity due to climate change. Days with severe heat or floods tend to have reduced labour productivity, which lowers industrial yields, lowers exports and lowers national income.