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Blockchain can help solve logjam in courts: Niti Aayog CEO
Hyderabad, Aug 3 (IANS) Blockchain technology can enable India to find solutions to huge logjams in courts, Niti Aayog CEO Amitabh Kant said on Friday.
Blockchain is emerging Internet-based technology that can enhance the speed of transactions while increasing transparency. It is widely recognised as having the potential to transform several sectors of the economy, including banking, financial services and insurance (BFSI) industry, travel, retail, healthcare and supply chain, among others.
With two-thirds of all civil cases pertaining to registration of property or land, the country’s policy think-tank is working with judiciary to find disruptive ways to expedite registrations, mutations and enable a system of smart transactions that is free of corruption and middlemen.
Amitabh Kant was addressing the International Blockchain Congress here via video-conferencing from New Delhi. The three-day conference is being jointly organised by the Telangana and Goa governments in collaboration with Niti Aayog.
There are three crore cases currently pending in Indian courts, including 42.5 lakh cases in high courts and 2.6 crore cases in lower courts. Even if 100 cases are disposed off every hour without sleeping and eating, it would take more than 35 years to catch up, he said.
Amitabh Kant said Niti Aayog was applying Blockchain technology to pressing problems of the country in areas such as land registry, health records, fertiliser subsidy distribution system, menace of fraudulent drugs and agriculture supply chain. These disruptive projects will bring immense productive efficiency, he said.
On transforming the land registry system using blockchain, Niti Aayog is in advanced stage of implementing proof of concept pilot in Chandigarh to assess its potential to solve the problem of India’s land-based registry system.
Amitabh Kant believes blockchain can be a key driver for ease of doing business. He said while India jumped 42 places in the ease of doing business by the World Bank during last two years to move up to 100th position, two indicators were still holding it down. In the enforcement of contracts, India is ranked 164 out of 190 and in registration of property it is ranked 154 out of 190.
Blockchain brings ease of collaboration for enterprises and ease of living for citizens by bringing in transparency.
“It’s powerful because it allows multiple parties to collaborate and come to consensus without any need of third party,” he said.
–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma
World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.
Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.
During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.
On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”
Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.
It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.
Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.
Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”
On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”
The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.