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The Qatar experience and lessons for India

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The world is changing. Sport is a strong vehicle of change. And one of the best examples of this phenomenon is Qatar, which is on the fast track of modernisation and transformation ever since it clinched the right to host the 2022 FIFA World Cup. This is the first time that a mega sporting event of this proportion is being hosted in this part of the world.

Qatar has been at it for a long time. Finally, its protracted struggle bore fruit. Any sportsperson would vouch for this; nothing succeeds like success. Qatar has suddenly catapulted itself in the world of sports as a shining star. All the reservations like the regressive labour laws, poor human rights record, curbs on free speech and lack of integrated sports culture — all of these factors, individually and collectively — were sufficient to defeat Qatar’s claim to host the World Cup.

There’s also a raging controversy about how Qatar secured the bid. But Qatar won the bid in spite of all these hurdles. That Qatar won the bid, in my view, is simply historic.

The whole country is in a transformation mode, like a snake that sheds its old skin and emerges with a new one. I was in Qatar earlier this year and the change — and the pace of that change — is both bewildering and inspiring.

It’s estimated that more than $250 billion will be spent to prepare for the World Cup. New stadia and arenas are coming up, civic infrastructure is being upgraded manifold; hotels, railways, airports and freeways are fast transforming the country. One cannot escape the feeling that these changes are symbolic of the ambitions of a small country to make it big in the comity of nations.

Development and social justice via sports is the vision of Prime Minister Narendra Modi as well. India has much to learn from the Qatar experience. Just to give you an idea, there will be seven host cities — Al-Daayen, Al-Khor, Al-Rayyan, Al-Shamal, Al-Wakrah, Doha and Umm Slal — where 12 new state-of-art stadia will come up with capacities of at least 43,000 each. And the unique aspect is that part of these stadia could be dismantled after the event and transported to other less-developed countries to help set up the infrastructure for sports and encourage people at large to play.

Qatar, while creating a real estate marvel, will remain conscious of environmental consequences. Most of the sporting infrastructure being built is zero-carbon emitting and climate controlled.

Qatar’s success is not confined to just winning the bid to host the World Cup, but its commitment to modernising and upgrading its economy. An event of this magnitude is not just about creating the necessary sporting infrastructure in a stipulated time frame, but the emphasis is also on developing and internalising an enduring sporting culture in the two-and-a-half-million Qataris. To be able to do that, Qatar is already hosting almost 100 events every year in various sporting disciplines. The World Cup is not the end, but a means to an end.

Last month, Qatar Financial Centre (QFC) Chief Executive Yousuf Mohamed al-Jaida, speaking in London, elucidated the National Vision 2030 where the investment in sports would be an integral part of a multi-faceted strategy to ensure that economic development is diverse and sustainable. There have been wide-ranging labour reforms to make Qatar an enviable destination for foreign investment. There’s a move to end the Kafala system that falls foul of international labour laws by binding an employee to an employer in an almost “slave-like” manner. The Qatari government has also expressed its willingness to introduce a law on minimum wages.

Under the young and dynamic leadership of Hassan Al Thawadi, Secretary General of the Supreme Committee for Delivery & Legacy of Qatar, sports is the catalyst in the region’s social and economic development. In a recent address to the UN, Thawadi said: “Events of this stature (the World Cup) can bring billions of people together from every corner of the world. They can serve to accelerate and inspire…in a manner and at a pace that few other initiatives can match. Sport is uniquely equipped to play a significant role in attaining these goals. We are aiming for the stars, our feet are firmly on the ground.”

India should not just be committed to ensuring “ease of doing business” in the country, but also “ease of all segments of society to play”. Qatar’s experience has an encouraging message for India.

(Siddhartha Upadhyay is member of the Governing Body of the Sports Authority of India and Founder of STAIRS, an organisation dedicated to the uplift of sports. The views expressed at personal. He can be contacted at [email protected])

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Amazon Quiz Answers Today, November 25, 2020: Answer and Win Rs 5000 Pay Balance

Amazon quiz Answers Today, November 25, 2020: The Amazon Quiz for November 25, 2020, is live and today you have the chance to Win Rs 5000 Pay Balance.

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Amazon quiz Answers Today, November 25, 2020: The Amazon Quiz for November 25, 2020, is live and today you have the chance to Win Rs 5000 Pay Balance. The trivia quiz gives a chance to users across the country to win exciting gifts every day by answering a set of simple questions.

After giving the right answers to the questions users can win mobile phones, other gadgets, and Amazon Pay Balance. E-commerce giant Amazon never disappoints its users and today’s gift is special for all the online shopping lovers.

Today’s Amazon Quiz Information

Today’s Amazon Quiz Prize: Win Rs 5000 Pay Balance
Amazon Quiz Date: November 25, 2020:
Amazon Quiz Time: 8 am–12 pm
Winners List Declaration Date: To be announced

Answers for today’s Amazon quiz contest- November 25, 2020

Q1- Char-chaporis are shifting riverine islands of the Brahmaputra located in which Indian state?
Ans- Assam
Q2- In 2020, who became the first bowler to pick up a wicket off the first ball in an IPL final?
Ans- Trent Boult
Q3- Alu, Bittu and Sattu are characters in which recent Rajkummar Rao movie?
Ans- Ludo
Q4- These objects are used to do what kind of activity?
Ans- Surfing
Q5- In which city also known as the ‘Blue City’ is this picture taken?
Ans- Jodhpur

How to Play Amazon Quiz Contest Daily?

1. Download the Amazon India App from Google Play Stores or Android App
2. Sign up or log in to your Amazon account
3. Once login you can check the homepage banner of the App click on Amazon Quiz for today.
4. Start playing the Amazon quiz contest.

Where to find the latest answers for Amazon Quiz?

You can find all the right Answers for Amazon Quiz here. With Amazon Quiz you can win various exciting prizes. Choose the right answers for the Amazon daily quiz and you can be the lucky winner. The Amazon Quiz contest is live at 8:00 AM and it ends at 12:00 PM.

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Congress opposes move to let corporates enter banking sector

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chidambaram

New Delhi: The Congress on Tuesday opposed the proposal to allow corporates and business houses enter the banking sector, contending that this move will leave the depositors at their mercy as it happened in the case of Yes Bank and Laxmi Vilas Bank.

Addressing a press conference, former Finance Minister P. Chidambaram said: “The Congress party condemns the proposal and demands that the government, unequivocally and forthwith, declare that it has no intention of pursuing the proposal.”

“We call upon all the people of India and all political parties and trade unions to join us in resolutely opposing the retrograde idea of allowing corporates and business houses to enter the banking sector and set up banks,” he added.

The Congress alleged that the proposal, ostensibly based on a report of an RBI Internal Working Group, has the fingerprints of the Modi government written all over it.

This proposal, along with some other recommendations, is part of a deeper game plan to control the banking industry, it said, claiming that the proposal, if implemented, will completely reverse the enormous gains made in the last 50 years of retrieving the banking sector from the clutches of business houses.

Noting that all over the world, especially in developed economies, three principles govern banking — broad-based shareholding reflecting shareholder democracy, strict separation of ownership and management with ownership with shareholders and management in professional hands, and prohibition of connected lending, Chidambaram said that all three will be thrown out of the window if corporates and business houses are allowed to set up banks.

“Bank funds belong to the depositors who are the people of this country. As a proportion of total deposits, the equity of a bank is minuscule. The total deposits in the banking industry is of the order of Rs 140 lakh crore… If business houses are allowed to own banks, they will, with a small equity investment, control very large amounts of the nation’s financial resources. This must not happen and the Congress will strive its utmost to ensure that this will not happen,” Chidambaram said.

He said that it “is shocking that such an idea should have been presented to the people as though it has the imprimatur of experts and the endorsement of the RBI”.

“Just as the RBI was the cat’s paw of the government in the saga of demonetisation, the RBI is being used by the government to push through its dangerous agenda,” he said.

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Brent hits highest since March, spurred by coronavirus vaccine hopes

This follows positive trial results from Pfizer/BioNTech and Moderna.

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Brent Crude Oil

SINGAPORE: Brent crude prices hit their highest levels since March as news of a third promising coronavirus vaccine candidate spurred hopes of a quicker recovery in oil demand, while U.S. President-elect Joe Biden received the go-ahead to begin his leadership transition.

Brent crude futures rose 43 cents, or 0.9%, to $46.49 a barrel by 0522 GMT, while U.S. West Texas Intermediate crude added 45 cents, or 1.1%, to $43.51 a barrel.

Brent rose to a session high of $46.56 earlier on Tuesday, the highest level traded since early March before Saudi Arabia initiated a price war with Russia, which sent oil prices crashing. Both oil benchmarks settled up about 2% on Monday after gaining about 5% last week.

“Progress on developing and distributing a vaccine de-risks the path back to normal for oil markets,” said Stephen Innes, chief global markets strategist at financial services firm Axi.

“If mobility data is a measure of oil price sentiment, in the not too distant future, the vaccine will get people back on airplanes and cruise ships.”

AstraZeneca said on Monday its COVID-19 vaccine was 70% effective in pivotal trials and could be up to 90% effective, giving the world’s fight against the global pandemic a third new weapon that can be cheaper to make, easier to distribute and faster to scale-up than rivals.

This follows positive trial results from Pfizer/BioNTech and Moderna.

Also helping to ease uncertainty in financial markets, President Donald Trump on Monday allowed officials to proceed with a transition to Joe Biden’s incoming administration, giving his rival access to briefings and funding even as he vowed to persist with efforts to fight the election results.

U.S. crude oil inventories likely edged lower last week, while distillate stockpiles were seen decreasing for a 10th straight week, a preliminary Reuters poll showed on Monday, ahead of reports from the American Petroleum Institute and the Energy Information Administration (EIA).

Traders also focused on a week of technical meetings by OPEC and its allies to prepare the ground for next week’s ministerial gathering, which is set to discuss extending oil output curbs into next year due to weak demand amid a second wave of COVID-19.

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