14% rise in sex crime reporting after MeToo movement: Study

Agencies
December 15, 2019

New Delhi, Dec 15: The MeToo movement that took the world by storm has led to a 14 per cent rise in reporting of sexual crimes during its first three months across the Organisation for Economic Co-operation and Development (OECD) countries.

The MeToo movement started on October 15, 2017, after sexual misconduct allegations against former Hollywood producer Harvey Weinstein became public following a tweet by actress Alyssa Milano who encouraged people who had been sexually harassed or assaulted to write "Me too" on social media.

The MeToo movement was exceptionally effective in rapidly increasing awareness around sexual misconduct in many countries including India.

However, despite the increase in crimes reported, the movement did not increase the number of sexual crimes cleared by the police, said the study published on SSRN, formerly known as the Social Science Research Network.

For the study, Roee Levy and Martin Mattsson from Yale University in the US constructed a new data set of sexual and non-sexual crimes in 24 OECD countries, covering 81 per cent of the OECD population.

"Our results suggest that social movements can rapidly change high stakes personal decisions," the study said.

The researchers estimated that in the first three months of the movement, 11,598 additional sexual crimes were reported in the 13 OECD countries with "strong" MeToo movements.

"This study showed that the MeToo movement had a substantial, persistent effect on the propensity to report sexual crimes. This result is consistent across multiple samples and is robust across multiple estimation techniques," the study concluded.

The MeToo movement focused on female victims, and often on cases that occurred several months or years before they were discussed in the media.

The researchers said that focusing on the US allowed them to understand better who was affected by the movement.

"The effect is strong and statistically significant for both sexual harassment and sexual assault," said the study.

"Furthermore, we do not find evidence that the movement disproportionately affected neighbourhoods with higher incomes or more education. Overall, we can reject the argument that the MeToo movement had an effect mostly among whites or those with high socioeconomic status," it added.

The findings suggest that social movements can have large, long-lasting effects on social norms and, as a result, individuals make meaningful changes in their personal decisions. The action individuals take is costly and the effect occurs almost immediately. This suggests that awareness-raising campaigns can be effective in changing personal behaviour.

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Agencies
June 9,2020

Soon, you may be able to withdraw cash from an ATM without touching any part of the machine. AGS Transact Technologies, a provider of cash and digital payment solutions and automation technology, on Monday said it has successfully developed and tested a touchless ATM solution in light of the COVID-19 pandemic.

The ‘contactless' solution, currently under demo at interested banks, enables a customer to perform all the steps required to withdraw cash from an ATM using the mobile app itself. 

The customer simply has to scan the QR code displayed on the ATM screen and follow the directions on their respective bank's mobile application. 

This includes entering the amount and mPIN required to dispense the cash from the ATM machine. 

According to the company, the QR code feature makes cash withdrawals quicker and more secure, and negates the chances of compromising the ATM Pin or card skimming.

"The new Touchless ATM solution is an extension of the flagship QR Cash solution which ensures safety of the users and will provide a seamless cash withdrawal experience with enhanced security," said Ravi B. Goyal, Chairman and MD, AGS Transact Technologies Ltd.

With minimum investment, the banks can enable this solution for their ATM networks by upgrading the existing software.

AGSTTL has so far installed, maintained and managed a network of over 72,000 ATMs across the country and also provides customised solutions to leading banks. 

The company earlier introduced UPI-QR based Cash withdrawal solution in partnership with Bank of India. 

This is how the solution works.

Open the Bank mobile application on your smartphone and select QR Cash Withdrawal. Enter the amount you wish to withdraw on the mobile app and scan the QR code on the ATM screen.

Next, confirm the amount by clicking on ‘proceed' in the app and enter the mPin to authenticate the transaction. Now collect the cash and receipt and you are done.

"The seamless, cardless and touchless withdrawal method is designed to provide easy transaction flow, without the need to touch the ATM screen or enter the pin," said Mahesh Patel, President and Group Chief Technology Officer, AGS Transact Technologies.

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Agencies
June 12,2020

Mumbai, Jun 12: Following an overwhelming response for the mega rights issue of Mukesh Ambani-owned Reliance Industries, the partly paid-up rights shares are set to debut on stock exchanges on June 15.

The biggest ever Rs 53,124 crore rights issue was subscribed 1.59 times and received bids worth Rs 84,000 crore on June 3.

Reliance said the rights issue saw a huge investor interest, including from lakhs of small investors and thousands of institutional investors, both Indian and foreign.

In 2019, Ambani said in the Reliance's annual general meeting that the company will be net zero debt by March 2021. The company is on course to achieve its target ahead of the deadline.

"In spite of the COVID-19 crisis and the lockdowns, the due-diligence by Saudi Aramco for the planned investment in the O2C business is on track as both the parties are committed and actively engaged," he said recently.

"With a strong visibility to these equity infusions, Reliance is set to achieve net zero debt status ahead of its own aggressive timeline. We believe rights issue was a part of the company's strategy of deleveraging its balance sheet," said Ambani. 

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News Network
March 13,2020

Bengaluru, Mar 13: In the wake of fresh cases of Covid-19 reported in Karnataka, Infosys Foundation chairperson Sudha Murty has urged the Karnataka government to take steps to shut malls and theatres, saying the coronavirus multiplies in air-conditioned areas.

In a letter to the government, she said preventive measures should be taken to control the spread of coronovirus before it gets worse.

Murty, who also leads the State government-constituted Karnataka Tourism Task Force, said she has discussed the current situation with Chairman and Executive Director of Narayana Health, Devi Prasad Shetty.

She suggested closure of all schools and colleges with immediate effect, malls, theatres and “all air-conditioned areas where the virus multiplies”, and allow only essential services like pharmacy, grocery and petrol bunks.

“It is not scientifically proven that the virus dies in high temperature,” she said pointing to spread of the virus -- despite heat -- in peak summer in Australia and Singapore, which have “summer all 12 months”.

“I request you to vacate one government hospital with at least 500 - 700 beds for this purpose (to deal with coronavirus cases), which requires oxygen lines and pipes,” she said.

“Infosys Foundation, the philanthropic and CSR arm of software major Infosys, would do the civil work and Devi Shetty has agreed to share resources like medical equipment,” she added.

“We would like to work with the government proactively so that we can prevent this as early as possible,” Sudha Murty said.

The total number of confirmed coronavirus positive cases in Karnataka is five, including the 76-year old man from Kalaburagi who died on Tuesday night.

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