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Context: India has proposed to launch a mega global alliance under its leadership to protect big cats and assured support over five years with guaranteed funding of $100 million.
India is the only nation in the world to have tigers, lions, leopards, snow leopards, and cheetahs in the wild since we acquired the cats.
Except for pumas and jaguars, India has all the big cats here today.
India taking the initiative to unite all nations in the big cat area under a UN-like organisation is only fitting.
Alliance was “inspired by the arrival of cheetahs in India” last year from Namibia.
The proposed International Big Cat Alliance (IBCA) will work towards the protection and conservation of the seven major big cats — tiger, lion, leopard, snow leopard, puma, jaguar and cheetah.
Membership to the alliance will be open to 97 “range” countries, which contain the natural habitat of these big cats, as well as other interested nations, international organisations, etc.
The alliance was inspired by the arrival of cheetahs in 2022 from Namibia.
Aim: "dissemination of information on benchmarked practises, capacity building, resources repository, research and development, awareness creation, etc., on the preservation and conservation of big cats.
Functions: "Advocacy, partnership, knowledge e-portal, capacity building, eco-tourism, partnerships amongst specialist groups, and fund tapping" will be some of its main activities.
General Assembly: IBCA will comprise a General Assembly consisting of all member countries
Council: Council of at least seven but not more than 15 member countries elected by the General Assembly for a term of 5 years
Secretariat: IBCA will also have a secretariat which whill deal with all administration work.
Upon the recommendation of the Council, the General Assembly will appoint the IBCA Secretary General for a specific term.
Context: Extensive fishing off the Coromandel coast could be forcing the great seahorse to migrate laboriously toward Odisha.
Fishing is less intense in the Bay of Bengal off the Odisha coastline.
The shallow coastal ecosystem of the eastern Indian State may not be the new comfort zone for the fish with a horse-like head.
There are 46 species of seahorses reported worldwide.
The coastal ecosystems of India house nine out of 12 species found in the Indo-Pacific, one of the hotspots of seahorse populations that are distributed across diverse ecosystems such as seagrass, mangroves, macroalgal beds, and coral reefs.
These nine species are distributed along the coasts of eight States and five Union Territories from Gujarat to Odisha, apart from Lakshadweep and the Andaman and Nicobar Islands.
It is also known as Kellogg's seahorse is a species of fish in the family Syngnathidae.
It is one of the largest of the 54 species of seahorse.
IUCN status: Vulnerable (VU)
CITES: Appendix II
Distribution: It is found in the Indo-pacific region, specifically documented from the coast of East Africa to Japan. It was also recently identified around both northern and southern Australia.
Habitat: They’re frequent in areas with an abundance of coral so they can latch on to something.
Though often found in shallow waters, they have been recorded in depths of over 100 meters, with the deepest recorded seahorse at 152 meters below the surface.
Threats: Overexploitation for traditional Chinese medicines and as ornamental fish, combined with general destructive fishing and fisheries bycatch.
Context: For the first time, United Nations members have agreed for an early conclusion of the International Legally Binding Instrument of BBNJ under the United Nations Convention on the Law of the Sea (UNCLOS).
The BBNJ Treaty also called the Treaty of the High Seas, is an international agreement that aims to preserve and sustainably use the marine biodiversity of areas beyond national jurisdiction.
This includes the high seas, which are outside of countries’ exclusive economic zones and makeup nearly half of the Earth’s surface.
These areas are currently poorly regulated and only 1% of them are protected.
The High Ambition Coalition on BBNJ was launched in February 2022 to negotiate and achieve a comprehensive and ambitious outcome.
The negotiations focus on elements agreed upon such as the-
Conservation and sustainable use of marine genetic resources,
Area-based management tools like marine protected areas,
Environmental impact assessments, and
Capacity-building and technology transfer
Ninety per cent of global warming occurs in the ocean, deeply affecting Marine life.
Comprehensive protection of endangered species and habitats is not possible without High Seas which cover more than 40% of the Earth's surface and two-thirds of the ocean.
Several marine species — including dolphins, whales, sea turtles and many fish — make long annual migrations, crossing national borders and the high seas.
High seas are the crucial component in global efforts to bring 30% of the world's land and sea under protection by the end of the decade, a target known as "30 by 30".
The treaty can have benefits for society (pharmaceuticals and food) and will help reverse biodiversity losses and ensure sustainable development.
The high seas treaty has also been an important matter pertaining to the North-South divide between poor and rich. Those who had resources have always been at an advantage from the activities in the high seas.
Developing nations were disappointed by the limited funding options included in the text of the treaty.
If the Marine Protected Areas(MPAs) are not properly connected, it might not have the desired impact as many species are migratory.
The newly established treaty will permit the establishment of marine protected areas within international waters. This will build resilience from climate change, protect marine life, and will also oblige countries to conduct environmental impact assessments of proposed activities on the high seas.
Context: India’s commitment to reduce its carbon emissions and increase its carbon sink as part of the Paris Climate Agreement. The Agreement is a legally binding international treaty signed by 196 parties, including India, to limit global warming to well below 2°C.
India after the COP26 to UNFCCC held in Glasgow, UK, announced enhanced climate targets, representing the framework for India’s transition to cleaner energy for the period 2021-2030.
Article 4 of the Paris Agreement requires countries to submit NDCs every five years which represents a “progression” beyond a country’s current NDC.
This nudges countries to continually improve their self-determined ambition.
The Paris Agreement is a legally binding international treaty on climate change that seeks to keep global temperature rise this century well below 2 degrees Celsius above pre-industrial levels.
It also aims to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius.
These updated NDCs were prepared after carefully considering our national circumstances and the principle of common but differentiated responsibilities and respective capabilities (CBDR-RC).
A carbon sink is a natural or artificial reservoir that absorbs and stores carbon dioxide (CO2) from the atmosphere.
It can be a natural ecosystem such as forests, oceans, or soil, or it can be an artificial system like carbon capture and storage (CCS) technology.
Carbon sinks help to reduce the amount of CO2 in the atmosphere and mitigate the negative effects of climate change.
(A) Natural Carbon Sinks: These are ecosystems that naturally absorb and store carbon from the atmosphere. The most common natural carbon sinks are:
Forests: Trees absorb CO2 through photosynthesis and store it in their trunks, branches, and roots.
Oceans: The Ocean absorbs CO2 from the atmosphere, where it dissolves and forms carbonic acid.
Soil: Carbon can be stored in soil in the form of organic matter, such as dead plant and animal material, which is broken down by microorganisms.
(B) Artificial Carbon Sinks: These are human-made technologies that capture and store carbon from the atmosphere. The most common artificial carbon sinks are:
Carbon Capture and Storage (CCS): CCS technology captures CO2 emissions from industrial processes, such as power plants, and stores it underground.
Direct Air Capture (DAC): DAC technology captures CO2 directly from the air and stores it underground or repurposes it for other uses.
India has pledged to create an additional carbon sink of 2.5 to 3 billion tonnes of CO2 equivalent by 2030.
This will be achieved through afforestation, reforestation, and other land-use changes.
India has already achieved 24.6% of its carbon sink target as of 2017.
This was primarily due to afforestation and tree plantation programs, such as the Green India Mission and the National Afforestation Programme.
Unavailability of accurate data: There is a lack of accurate data on the extent and health of India’s forests, which makes it difficult to measure the effectiveness of afforestation and reforestation programs.
Conversion of natural forests: The conversion of natural forests to monoculture plantations that have lower carbon sequestration potential can reduce the effectiveness of carbon sinks.
Pressure on land: The pressure on land for agriculture and other forms of development can lead to deforestation and the loss of carbon sinks.
Lack of funding: Afforestation and reforestation programs require significant funding, which can be a challenge for India.
Lack of awareness: Lack of awareness among the public and policymakers about the importance of carbon sinks and the need for their conservation and restoration can hinder efforts to meet India’s carbon sink targets.
India’s policies and crucially, the implementation of these policies need to be in sync to achieve climate targets and attain climate justice along with making a formal baseline to achieve its target.
It could also broaden the scope of its carbon sink goal to include mangroves and peatlands, and to raise its carbon sequestration target.
An ethical approach involving the local communities to arrive at sensible compromises through a process of democratic governance should also be enabled.
India’s commitment to increasing its carbon sink is crucial in mitigating the impacts of climate change.
More efforts are needed to ensure the success of afforestation and reforestation programs and to address the challenges facing India’s forests.
Context: The Gujarat government is in the process of setting up virtual traffic courts in the state under the One Nation, One Challan initiative.
One Nation, One Challan is an initiative of the Ministry of Road Transport and Highways.
It aims to bring all related agencies, such as the traffic police and the Regional Transport Office (RTO), on one platform, to enable the seamless collection of challans as well as data transfer.
The system involves the detection of traffic violations through the CCTV network and getting the registration number of the erring vehicle from applications like VAHAN (detecting the vehicle’s ownership details) and SARATHI (compilation of driving licenses).
An e-challan is then generated with the relevant penalty amount, and sent to the mobile number linked with the vehicle.
If someone doesn’t pay the challan amount within 90 days, the challan will be automatically forwarded to a virtual court and proceedings will be initiated.
Virtual courts are aimed at eliminating the presence of litigants in the court.
An accused can search their case on the virtual court’s website. Upon successful payment of the fine, the case will be shown as disposed of.
Context: Moon's launch pad have always run their missions in accordance with their local time zones, but the European Space Agency now believes the Moon should have its own distinct unified time zone. The current system, according to scientists, is unstable.
The fundamental goal of establishing a widely used timekeeping system for the moon is to enhance communication between the different nations and organisations, both public and private, planning lunar missions.
Outer space revelations continue to intrigue astronomers, observers and experts. Via robots or spaceships, numerous nations are seeking to make an impression on the moon.
Many missions have been launched time and time again to investigate the numerous facets of our natural satellite, the moon.
The Moon has its own day and night cycle, which lasts about 29.5 Earth days.
This means that if humans were to live on the Moon, they would need to develop their own timekeeping system.
Currently, the time on the Moon is measured using Universal Time Coordinated (UTC), which is the same timekeeping system used on the Earth.
However, because the Moon’s day is much longer than Earth’s day, it would be difficult to use UTC for day-to-day activities on the Moon.
Universal Time Coordinated (UTC) is a time standard used to keep time consistent around the world.
UTC is based on International Atomic Time (TAI), which is maintained by atomic clocks around the world.
It is the primary time standard used by many countries, international organizations, and scientific research institutions.
UTC is expressed as a 24-hour clock and is used to indicate the time offset from Coordinated Universal Time (UTC+0).
Time zones are defined as an offset from UTC, with some time zones being ahead of UTC (UTC+1, UTC+2, etc.) and others being behind UTC (UTC-1, UTC-2, etc.).
UTC is adjusted periodically to account for changes in the Earth’s rotation, which can cause variations in the length of a day.
These adjustments are made through the addition of leap seconds to UTC, which help to keep the time standard synchronized with the Earth’s rotation.
The Moon is the Earth’s only natural satellite, and humans have been interested in exploring and colonizing it for many years.
With recent advancements in space technology, there is renewed interest in lunar exploration and settlement.
The moon will require its own universal timekeeping system, according to the European Space Agency, because distinct planning is being done for it by both governmental and private groups worldwide. Every type of conflict can be prevented if the Moon has its own time zone.
To address this issue, scientists and researchers have proposed creating a lunar time zone that would be based on the Moon’s day and night cycle.
This would make it easier for lunar settlers to keep track of time and coordinate activities.
Having a lunar time zone would also make it easier for scientists and researchers to conduct experiments and collect data on the Moon.
It would also help to prevent confusion and errors that could arise from using different timekeeping systems on Earth and the Moon.
Time on Earth is precisely tracked by atomic clocks, but synchronizing time on the moon is tricky because clocks run faster there, gaining around 56 microseconds, or millionths of a second, per day.
It would also be difficult to establish a consistent time zone for the entire Moon, given that the terrain and lighting conditions vary widely across its surface.
Additionally, any timekeeping system on the Moon would need to be able to account for the Moon’s irregular rotation and movement.
The European Space Agency claims that up until recently, each trip to the moon had its own timetable, which was determined by the nation. A worldwide time standard is required in order to offer guidelines and routing for space missions. This is the argument behind the proposal for the Moon to have its own time zone.
Context: In a significant decision, the government has decided to give a one-time option to select Central government employees to migrate to the Old Pension Scheme (OPS).
In 2020, the Department of Pension and Pensioners’ Welfare (DPPW) gave a one-time option to those Central government employees to opt for the OPS who were declared successful for recruitment in the results declared before December 31, 2003.
Recently, the department has called that in all cases where a Central government civil employee has been appointed against a post or vacancy which was advertised/notified for recruitment/appointment, prior to the date of notification for the NPS i.e. 22.12.2003 and has been covered under the NPS on joining service on or after 01.01.2004, may be given a one-time option to be covered under the CCS (Pension) Rules, 1972 (now 2021).
This option may be exercised by the concerned government servants latest by 31 August 2023.
The government has decided to allow the selected Central government employees, who applied for jobs advertised before December 22, 2003, the day the National Pension System (NPS) was notified but joined the service in 2004 when the NPS came into effect.
The order will be applicable to Central Armed Police Force (CAPF) personnel and other Central government employees who joined the services in 2004 as the recruitment process was delayed due to administrative reasons.
The employees’ contributions to the NPS will be credited to the General Provident Fund (GPF) of the individual.
Till January 31 2023, there were 23, 65,693 Central government employees and 60, 32,768 State government employees enrolled under the NPS. Except for West Bengal, all States had implemented the NPS.
The New Pension System proposed by the Project OASIS report became the basis for pension reforms and what was originally conceived for unorganised sector workers, was adopted by the government for its own employees.
The NPS was for prospective employees; it was made mandatory for all new recruits joining government service from January 1, 2004.
The defined contribution comprised 10 per cent of the basic salary and dearness allowance by the employee and a matching contribution by the government this was Tier 1, with contributions being mandatory.
In 2019, the government increased its contribution to 14 per cent of the basic salary and dearness allowance.
It is sponsored by SBI, LIC, UTI, HDFC, ICICI, Kotak Mahindra, Aditya Birla, Tata, and Max.
It laid in its promise of an assured or ‘defined’ benefit to the retiree.
It was hence described as a ‘Defined Benefit Scheme’.
For example - if a government employee’s basic monthly salary at the time of retirement was Rs.10, 000, she would be assured of a pension of Rs.5, 000.
The monthly pay-outs of pensioners also increased with hikes in dearness allowance or DA announced by the government for serving employees.
It is calculated as a percentage of the basic salary.
It is a kind of adjustment the government offers its employees and pensioners to make up for the steady increase in the cost of living.
DA hikes are announced twice a year, generally in January and July.
Context: In a new regulatory move, the government has bought a range of virtual digital asset (VDA) transactions under the ambit of Prevention of Money Laundering Act(PMLA) 2002.
The government has imposed money laundering provisions on cryptocurrencies or virtual assets as it looks to tighten oversight of digital assets.
After this, Indian crypto exchanges will have to report suspicious activity to the Financial Intelligence Unit India (FIU-IND).
Need of the initiative: There is a global trend of requiring digital-asset platforms to follow anti-money laundering standards similar to those followed by other regulated entities like banks or stock brokers.
A cryptocurrency is a medium of exchange, such as the rupee or the US dollar, but is digital in format that uses encryption techniques to both control the creation of monetary units and to verify the exchange of money.
Note: Bitcoin is the largest and most well-known cryptocurrency in the world.
Strong cryptography is used to protect transaction records, regulate the production of new coins, and confirm ownership transfers.
Generally, it is not issued by a central authority and doesn't exist in tangible form (like paper money).
Cryptocurrencies typically use decentralized control as opposed to centralized digital currency and central banking systems.
The majority of cryptocurrencies are seen as alternative currencies or methods of financial exchange. Currently, they fall beyond the purview of official monetary policy and are not regulated by national governments.
Recently, El Salvador became the first nation in the world to accept Bitcoin as legal money in September 2021.
Consumer protection: Cryptocurrencies are highly volatile and can be subject to fraud, scams, and other forms of financial crime.
Preventing money laundering and terrorist financing: Cryptocurrencies can be used to anonymously transfer funds, making them potentially attractive to criminals and terrorists.
Systemic risk: Cryptocurrencies are not currently part of the traditional financial system, but they could potentially have an impact on it if they were to become more widely adopted.
Taxation: Cryptocurrencies can be used to evade taxes or hide assets. Regulation can help ensure that cryptocurrency transactions are properly taxed and that tax evasion is prevented.
Market stability: being highly volatile, regulation can help promote market stability and prevent excessive speculation or manipulation of cryptocurrency markets.
In the Budget for 2022-23, finance ministry had brought a 30% tax on income from transactions in such assets.
Also, to bring such assets under the tax net, it introduced a 1% TDS (tax deducted at source) on transactions in such asset classes above a certain threshold.
Gifts in crypto and digital assets were also taxed.
The PMLA was enacted in response to India’s global commitment (Vienna Convention) to combat the menace of money laundering.
It is a criminal law enacted to prevent money laundering and to provide for confiscation of property derived from, or involved in, money-laundering and related matters.
It forms the core of the legal framework put in place by India to combat Money Laundering.
The provisions of this act are applicable to all financial institutions, banks (Including RBI), mutual funds, insurance companies, and their financial intermediaries.
Clarification about the Position of Proceeds of Crime: Proceeds of the Crime not only include the property derived from scheduled offence but would also include any other property derived or obtained indulging into any criminal activity relate-able or similar to the scheduled offence.
Money Laundering Redefined: Money Laundering was not an independent crime rather depended on another crime, known as the predicate offence or scheduled offence.
The amendment seeks to treat money laundering as a stand-alone crime.
Under Section 3 of PMLA, the person shall be accused of money laundering if in any manner that person is directly or indirectly involved in the proceeds of the crime.
Concealment
Possession
Acquisition
Use or projecting as untainted property
Claiming as untainted property
Continuing Nature of Offence: This amendment further mentioned that the person will be considered to be involved in the offence of money laundering till the time that person is getting the fruits of activities related to money laundering as this offence is of a continuing nature.
High volatility: Cryptocurrency has a volatile nature and is speculative. High investment quantities cause market volatility, which causes price fluctuations and the potential for significant losses for investors.
Absence of Ombudsmen: Consumers are exposed to transactional and informational risks because there is currently no place where a user may ask for support or a way to resolve a grievance relating to crypto assets.
Absence of a regulatory framework: Lack of regulatory authority has raised the likelihood of fraud, endangering investor protection and the flow of money throughout the economy.
International collaborations: Crypto assets are by definition borderless and require international collaboration to prevent regulatory arbitrage.
Defining Cryptocurrency: Cryptocurrencies should be explicitly defined as securities or other financial instruments under the relevant national laws.
Central Bank Digital Currency (CBDC): The establishment of a Central Bank Digital Currency (CBDC) for India in the form of the Digital Rupee was announced by the Indian Finance Minister. It will significantly strengthen India's digital economy.
Context: Two recent sets of data released by the National Sample Survey Office (NSSO) and the National Statistical Office (NSO) offer insights into the process of structural transformation in the Indian economy.
Share of agriculture in the total workforce: fell from 64.6% in 1993-94 to 42.5% in 2018-19.
The biggest decline, from 58.5% to 48.9%, happened between 2004-05 and 2011-12.
During this seven-year period, the workforce engaged in farming registered, for the first time in India’s history, a fall even in absolute terms — from 268.6 million to 231.9 million.
The share of the labour force employed in manufacturing too, peaked at 12.6% in 2011-12.
Share of agriculture in employment: Not falling fast enough and, in fact, rising after 2018-19.
Share of manufacturing and construction and trade, hotels & restaurants: Accounted for 11.7% and 12% of the total workforce respectively, as against manufacturing’s 12.1%. But in 2021-22, manufacturing’s share, at 11.6%, was below that of construction (12.4%) as well as trade, hotels & restaurants (12.1%).
Highest value addition can be seen in Agriculture.
Example: Every Rs 100 worth of produce coming from Indian farms, Rs 80 is the value generated by those owning and working the lands.
2021-22: The GVO from agriculture, forestry & fishing was estimated at Rs 50.71 lakh crore.
After deducting the value of intermediate consumption (Rs 10.05 lakh crore), the GVA for the sector worked out to Rs 40.66 lakh crore.
Value addition is the lowest, at just over a fifth, for manufacturing.
Although the GVO from manufacturing (Rs 156.90 lakh crore) was more than three times from agriculture, the value of intermediate consumption, too, was over 12 times (Rs 122.93 crore) higher.
As a result, the GVA by manufacturing, at Rs 33.97 lakh crore in 2021-22, was way below agriculture.
The total value of all goods and services produced during a financial year.
However, production involves the use of inputs.
The inputs for one industry are the outputs of other industries supplying to it.
GVA is the value of an industry's outputs less the value of intermediate inputs used in the production process.
High value-addition is a key reason why agriculture is able to employ so many people.
The sector’s share in GVO — the total value of all goods and services produced by the country — was only 11.4% in 2021-22.
In terms of value-added or GVA though, the share rose to 19%.
Manufacturing: Its share in overall GVO was as high as 35.4%, while being just 15.8% relative to GVA.
High value-addition: agriculture is able to employ such large chunks of people primarily because of high-value addition;
Eg. The sector’s share in terms of value-added or GVA is as high as 19%.
Low-value addition in Manufacturing: Manufacturing has low-value addition when compared to the agriculture sector
Eg. Manufacturing had a 35.4% overall proportion of GVO but only a 15.8% relative share of GVA.
Service sector-driven growth: Indian economic growth is driven towards the service sector, which requires high skills.
The service sector is the biggest contributor to the GDP but employs less than 30%.
Skills development: Indian labour is not skilled enough to meet modern industrial needs. The employment options for workers with lower skill levels are limited.
MSME under stress: Compared to large companies, MSMEs have a four times higher labour intensity. But they deal with numerous issues like credit crunch etc.
Boosting labour-intensive sectors: Labour-intensive industries should be supported, such as those in the food processing business, the leather industry, the garment industry, the electronics industry, the gem and jewellery industry, the financial services industry, and the tourism industry.
Building up MSME: The MSME sector needs to be supported and developed. Regulation easing and financial aid are helpful. Priority should also be given to easy credit availability. MUDRA could lead to the creation of necessary jobs in India.
Skill development: various government schemes like Pradhan Mantri Kaushal Vikas Yojana should be implemented in letter and spirit
Labour reforms: Reforming the labour market requires changing the strict labour laws that currently exist. In a nation where labour is in plentiful supply, corporations in India favour capital-intensive modes of production.
Context: Recently, the Union minister for Micro, Small and Medium Enterprises launched the revamped MSME Competitive (LEAN) scheme to make it more beneficial for enterprises and stakeholders.
Earlier, the implementation period for the scheme was set at 18 months.
However, under the revamped scheme it has been divided into phases - Basic (2 months), Intermediate (6 months) and Advanced (12 months).
The first phase will cover the manufacturing sector while the services sector will be covered in the second phase.
The Scheme aims at reducing manufacturing waste and is an extensive drive to create awareness amongst MSMEs about LEAN Manufacturing practices.
Further, the purpose is to motivate and incentivize them to attain LEAN levels while also encouraging them to become MSME Champions.
Under the scheme, MSMEs will implement LEAN manufacturing tools like 5S, Kaizen, KANBAN, Visual workplace, Poka Yoka etc under the able guidance of trained and competent LEAN Consultants to attain LEAN levels like Basic, Intermediate and Advanced.
Through the LEAN journey, MSMEs can reduce wastages substantially, increase productivity, improve quality, work safely, expanding their markets, and finally becoming competitive and profitable.
This Scheme is an extensive drive to create awareness amongst MSMEs about LEAN Manufacturing practices and motivate and incentivize them to attain LEAN levels while also encouraging them to become MSME Champions.
LEAN has the potential to become a national movement and that it aims to provide a roadmap to global competitiveness for the MSMEs of India.
LEAN will not only attempt to improve quality, productivity & performance, but also the capability to change the mind-sets of manufacturers and transform them into a world class manufacturers.
In addition to this, to support MSMEs, Government will contribute 90% of implementation cost for handholding and consultancy fees.
There will be an additional contribution of 5% for the MSMEs which are part of SFURTI clusters, owned by Women/SC/ST and located in North East Region.
Furthermore, there will be an additional contribution of 5% for MSMEs which are registering through Industry Associations/ Overall Equipment Manufacturing (OEM) organizations after completing all levels.
There is a unique feature to encourage Industry Associations and OEMs for motivating their supply chain vendors to participate in this scheme.
According to the government, 1 crore 20 lakh MSMEs received huge help from the government during the pandemic.
Moreover, in this year’s budget, the MSME sector got additional collateral-free guaranteed credit of 2 lakh crores. This would help the banks to reach out and provide them with adequate finance.
Similarly, there are numerous government initiatives that aim at the development of the MSME sector.
The Ministry of MSME promotes growth and development of the sector, including Khadi, Village and Coir industries, by implementing various schemes/programmes towards credit support, technological assistance, infrastructure development, skill development and training, enhancing competitiveness and market assistance.
Udyami Mitra Portal: launched by SIDBI to improve accessibility of credit and handholding services to MSMEs.
MSME Sambandh: To monitor the implementation of the public procurement from MSMEs by Central Public Sector Enterprises.
MSME Samadhaan MSME Delayed Payment Portal –– will empower Micro and Small entrepreneurs across the country to directly register their cases relating to delayed payments by Central Ministries/Departments/CPSEs/State Governments.
Digital MSME Scheme: It involves usage of Cloud Computing where MSMEs use the internet to access common as well as tailor-made IT infrastructure
Prime Minister Employment Generation Programme: It is a credit linked subsidy program under Ministry of MSME.
Revamped Scheme of Fund for Regeneration Of Traditional Industries (SFURTI): organizes traditional industries and artisans into clusters and make them competitive by enhancing their marketability & equipping them with improved skills.
A Scheme for Promoting Innovation, Rural Industry & Entrepreneurship (ASPIRE): creates new jobs & reduce unemployment, promotes entrepreneurship culture, facilitates innovative business solution etc.
National Manufacturing Competitiveness Programme (NMCP): to develop global competitiveness among Indian MSMEs by improving their processes, designs, technology and market access.
Micro & Small Enterprises Cluster Development Programme (MSE-CDP)- adopts cluster development approach for enhancing the productivity and competitiveness as well as capacity building of MSEs.
Credit Linked Capital Subsidy Scheme (CLCSS) is operational for upgradation of technology for MSMEs.
Context: The Indian Railways is utilising data analytics for seamless transit. Under the Real Time Train Information System (RTIS) project, it has started a project that will now allow real-time tracking of train movements with the help of satellite photography.
RTIS devices that use satellite imagery are being installed on the trains to automatically acquire its “movement timing at the stations, including that of arrival and departure or run-through”.
These timings get automatically plotted on the control chart of those trains in the Control Office Application (COA) system.
The project is executed by the Centre for Railway Information Systems (CRIS).
RTIS is developed in collaboration with ISRO. ISRO has launched GSAT satellites that have GAGAN payloads for tracking the movement of trains.
RTIS gives mid-section updates with a periodicity of 30 seconds.
The Train Control can now track the location and speed of RTIS-enabled locomotives/train more closely, without any manual intervention.
It allows passengers to get the real-time location or train running status of a train on their smartphone.
Railways have integrated their systems with NavIC and Bhuvan while using bandwidth provided by ISRO.
Bhuvan portal: It is a particular kind of web portal, developed by ISRO, used to locate and gain access to geographical information (geospatial information) and related geographic services (display, modification, analysis, etc.) online.
Every locomotive is equipped with a gadget and a SIM card that broadcasts the train's precise location to a satellite and allows for feedback. A three-second update is made to the movement.
When it's necessary to determine a train's precise location to provide assistance in the event of an accident, flood, or landslide, real-time rail tracking can be helpful.
ISRO has established a regional navigation satellite system to meet the positioning, navigation and timing requirements of the nation
ISRO has established the constellation of 7 satellites operating 24*7.
Three satellites of the constellation are placed in geostationary orbit, and four satellites are placed in inclined geosynchronous orbit with equatorial crossing.
NavIC offers two services: Standard Position Service (SPS) for civilian users and Restricted Service (RS) for strategic users.
NavIC coverage area includes India and a region up to 1500 km beyond Indian boundary.
NavIC signals are designed to provide user position accuracy better than 20m and timing accuracy better than 50ns.
NavIC SPS signals are interoperable with the other global navigation satellite system (GNSS) signalsnamely GPS,Glonass,Galileo, and BeiDou.
Context: India has recently stated at G20 that its agenda is to treat Multilateral reforms as a priority.
The T20 Task Force on ‘Towards Reformed Multilateralism’ (TF7) aims to construct a roadmap for ‘Multilateralism 2.0’.
Due to persistent deadlocks, multilateralism has lost its majority’s trust.
Multilateralism is facing a utility crisis, where powerful member-states opines that it is no longer useful to them.
Increasing great-power tensions, de-globalisation, populist nationalism, the pandemic, and climate emergencies.
States have started seeking other arenas like: bilateral, plurilateral and minilateral groupings,
Result: further polarisation of global politics.
Most of the challenges nations face today are global in nature and require global solutions.
Global issues that can only be solved collectively: conflicts, climate change, migration, macroeconomic instability, and cybersecurity.
The COVID-19 pandemic has reversed the social and economic progress that the world has made in the last many decades.
Multilateralism is used more for global power politics.
Result: any action that reforms multilateral institutions and frameworks is seen as a move that seeks to change the current distribution of power.
Modifications in the distribution of power in the global order is neither easy nor normal and can have adverse implications when not done cautiously.
The status quo powers see multilateral reforms as a zero-sum game which makes decisions about reform hard in these institutions even by consensus or voting.
Example: in the Bretton Woods system, the U.S. and Europe has believed that reform would reduce their influence and dominance.
Multilateralism is different than the realities of the emerging multipolar and multi-centred global order.
Result: formation of new clubs, concerts and coalitions of the like-minded.
This makes the reform of older institutions and frameworks challenging.
Currently, the power to reform multilateralism lies only with elite countries particularly the emerging powers.
G-20 may constitute an engagement group to discuss about powers lying with elite countries to reform multilateralism and the future to change it.
India should urge the upcoming presidents of the G-20, Brazil and South Africa to place multilateral reforms as their priorities.
G -20 should encourage minilateral groupings as a new form of multilateralism and try to transform them into multi-stakeholder partnerships.
G -20 should create networks of issue-based minilaterals where the governance of the global commons will be helpful to prevent competitive coalitions.
There is requirement to mobilise the political will like giving concessions and conciliations.
Include the African Union as a permanent member of G -20 and the UN Secretary-General and General Assembly President as permanent invitees to enhance its legitimacy.
G-20 should put all its efforts into solving one or two current global issues such as food, fuel and fertilizer security and showcase it as the model of new multilateralism.
India in its term as G-20 President can help set the stage for a multilateral reform of all major international fora including the UN.
The G-20 must showcase an alternate form of multilateralism that is inclusive and beneficial for all through reforms that can then be emulated by other fora.
Context: Recently, a new research has shown that Erythritol is associated with an increased risk of heart attack and stroke.
It is a type of artificial sweetener or sugar alcohol that is used as a sugar substitute in foods and beverages.
It has no calories and does not raise blood sugar levels.
It has a lower glycemic index than other sweeteners i.e., it may not impact insulin levels of the body.
It is produced nominally inside human body.
They are recommended for people suffering obesity, diabetes or metabolic syndrome.
It is about 70% as sweet as sugar and is produced through fermenting corn.
After ingestion, it is poorly metabolised by the body, goes into the bloodstream and then leaves the body mainly through urine.
Erythritol when used for 14 days improved blood vessel function in healthy adults.
Uses: Sugar-free products containing Erythritol are often recommended for people who have obesity, diabetes or metabolic syndrome and are looking for options to help manage their sugar or calorie intake.
Those with higher blood Erythritol levels were at elevated risk of suffering heart attack, stroke or death.
When Erythritol is added to either whole blood or isolated platelets, it made activated platelets to form a clot.
Such platelets block blood flow in blood vessels in different parts of the body leading to fatal conditions as mentioned earlier.
They are cell fragments that clump together to stop bleeding and helps in blood clotting during injury.
Context: Across India, an outbreak of a respiratory illness with symptoms of cold, sore throat and fever accompanied by fatigue has been observed since December 2022 and January 2023.
The Indian Council of Medical Research (ICMR) confirmed that Influenza Sub-type H3N2 has been causing this illness.
It further warned that the virus appeared to lead to more hospitalisations than other Influenza subtypes.
Influenza is a viral disease. It is caused by Orthomyxovirus (influenza virus) pathogen.
The four types of influenza viruses that cause the contagious illness known as the flu are A, B, C, and D.
H3N2 is a subtype of virus in the classification 'A'.
The virus causes respiratory infection and can infect birds and mammals.
According to the United States Centers for Disease Control and Prevention (CDC), H3N2 caused the 1968 flu pandemic that led to the death of around one million people globally.
Symptoms: Cough, runny or congested nose, sore throat, headache, body aches and pains, fever, chills, fatigue, diarrhoea, vomiting
Vaccine: flu vaccine reduces the risk of flu illness in the general population by between 40 and 60 per cent
Prevention: Washing hands before eating or touching your face, nose or mouth, carrying pocket sanitiser, and avoiding people already infected with the virus or any other seasonal flu are some of the steps to prevent infectious disease.
Context: Recently scientists have taken initial steps to create an ‘organoid intelligence’ which aims to create “biocomputers”.
“Organoid intelligence” like Artificial intelligence is an area of study to create independent decision-making units using organoids.
Brain organoids are 3D cultures of brain tissue prepared in the lab using human stem cells. These capture many structural and functional features of a developing human brain.
The scientists ultimately aim to create “biocomputers”: which are brain cultures grown in the lab and coupled to real-world sensors and input/output devices.
These biocomputers like human brains can be used for complex information processing.
These organoids can reveal the biological basis of human cognition, learning, and memory.
They can help in drug development and in decoding the pathology of degenerative diseases such as Parkinson’s disease and microcephaly.
These mini-brains, built using human stem cells, however, have certain limitations -
No input sensory inputs (touch, smell, vision, etc.)/output connection
No blood circulation
When inserted in a rat shows different behavioural interpretation
While human brains are slower than computers (say, simple arithmetic), they outshine machines at processing complex information.
Comparing the data on brain structure, connections, and signalling between ‘healthy’ and ‘patient-derived’ organoids can reveal the biological basis of human cognition, learning, and memory.
They could also help decode the pathology of and drug development for devastating neuro developmental and degenerative diseases such as Parkinson’s disease.
Currently, brain organoids have a diameter of less than 1 mm and have fewer than 100,000 cells, which make it roughly three-millionth the size of an actual human brain.
So scaling up the brain organoid is key to improving its computing capacity.
Researchers will also have to develop microfluidic systems to transport oxygen and nutrients, and remove waste products.
They will also need to develop and use advanced analytical techniques to correlate the structural and functional changes in the brain organoids to the various output variables.
The first, very-primitive forms of learning are already around, and the challenge is now to establish long-term memory, which may take more time.
There is also a proposal to have an ethics team to parallelly identify, discuss, and analyse ethical issues as they arise in the course of this work.
Context: Recently, artificial intelligence (AI) is the digital distillation of a technological revolution that facilitates the evolution of the human mind.
AI is the digital distillation of a technological revolution that is facilitating the long-overdue evolution of the human mind.
AI, as fear-inducing as anything disruptive and new is, can galvanise, turbo-charge, and trigger new avenues of intelligence in human minds.
These new avenues can enable us to understand and attack society’s greatest challenges today.
Artificial General Intelligence (AGI) , Artificial Narrow Intelligence (ANI) and Artificial Super Intelligence(ASI).
AGI is flexible, adaptable, and can handle new tasks without human intervention also known as ‘unsupervised learning’.
Known as "strong AI", it can learn from data without being explicitly programmed to do so.
Its cognitive architecture is sophisticated such as the development of a system that includes perception, attention, memory, language, and reasoning.
It can perform any intellectual task that a human can do such as applying knowledge learned in one context to new and unfamiliar situations.
AGI can pull knowledge and inputs from various experience, reasonings about complex concepts, and make decisions based on incomplete or uncertain information.
It is not capable of generalising knowledge or skills to new situations outside of its programmed domain.
Example: ChatGPT.
It is controllable even if we do not fully understand the mechanics of how it gets so good at the task it is programmed for.
It is trained using machine learning algorithms such as supervised learning, unsupervised learning, or reinforcement learning.
They are not necessarily capable of reasoning or learning as that of humans.
Uses: image recognition, natural language processing, and predictive analysis.
AGI is capable of performing a wide variety of intellectual tasks, while ANI can perform a single or a narrow set of related tasks.
ANI cannot facilitate knowledge transfer to other domains or tasks whereas AGI can.
ANI can outperform humans in specific repetitive tasks whereas AGI can competes with humans across all endeavors.
ANI products like ChatGPT have taken the world by storm, besides its technological prowess, it is also a matter of right place and right time.
ChatGPT is a chat bot, which allows users to engage in a conversation about a variety of topics to which it like personal hobbies, interests, or current events and generates human-like responses in text form.
ChatGPT, and such solutions, are particularly adept at automating routine and repetitive tasks, such as data entry and customer service which could perhaps replace low-skill level workers.
In industries like healthcare, for example, AI can optimise transportation networks, develop new materials, and even simplify manufacturing processes.
In the case of AI, workers in low-wage and low-skill occupations may be more vulnerable to job loss than those in high-wage and high-skill occupations.
AI may create demand for workers with expertise in machine learning, data science and natural language processing, and project management.
It may also create opportunities for workers to specialise in areas where human judgement and creativity will remain critical.
The impact of AI on jobs and industries is likely to be uneven, with some workers and industries experiencing greater disruption than others.
AI can optimise transportation networks, develop new materials, and simplify manufacturing processes.
It may create demand for workers with expertise in machine learning, data science and natural language processing. and project management.
Workers will have to specialise in areas where human judgement and creativity are critical.
It is evident that the technology is likely to have significant implications on the future of work. The lack of control of AI is what leads to the overarching fear of AI.
As AI continues to transform the job market, workers may need to acquire new skills and knowledge in order to remain employable.
While there is still much uncertainty about the impact of AI on jobs and industries, it is evident that the technology is likely to have significant implications on the future of work.
It will be important for policymakers, businesses, and workers to take proactive steps to manage this transition and ensure that the benefits of AI are shared widely across society.
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