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Policy Update

Pink Tax-Rising Gender Disparity

In history, the color pink was commonly worn by men and the ornamentation of masculine attire with embroidered flowers was not unusual as a result color pink didn’t always symbolize femininity. Pink wasn’t a ‘girly’ color until World War- II (Stamberg, 2014).

The Withdrawal of Rupees 2000 Notes: A New Mini-Demonetisation in India Soon

In a sudden though not unexpected move, currency notes of the denomination Rs 2,000 are being withdrawn from circulation. This is announced via a notification released by the Reserve Bank of India and not the government (as at the time of demonetisation). These notes are not being withdrawn from circulation, but actually, they will stop circulating right away given that they will have to be deposited in a bank or exchanged for lower denomination notes.

Beijing Peace Plan

At the Munich Security Conference on February 18, Wang Yi (Member of the Political Bureau of the CPC Central Committee and Director of the Office of the Central Commission for Foreign Affairs) emphasized that “Human Society must not repeat the old path of antagonism and must not fall into the trap of Zero-sum game, war and conflict”. Therein he announced that the Chinese side would propose its position on the political settlement of the Ukraine crisis. On February 24, the Chinese Foreign Ministry released its 12-point peace plan.