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Context: The Delhi High Court has directed the Centre to grant citizenship to a 17-year-old girl who was born in India to parents holding Overseas Citizens of India (OCI) cards and US citizenship.
Overseas Citizens of India (OCI)
o Limitations: if the applicant had ever been a citizen of Pakistan or Bangladesh, he/she will not be eligible.
o Not been given any voting rights, election to Lok Sabha/Rajya Sabha/Legislative Assembly/Council, holding Constitutional posts such as President, Vice President, Judge of Supreme Court/High Court etc.
o Multiple entry, multi-purpose life long visa to visit India;
o Exemption from reporting to Police authorities for any length of stay in India;
o Parity with NRIs in financial, economic and educational fields except in the acquisition of agricultural or plantation properties.
o Registered Overseas Citizen of India shall be treated at par with Non-Resident Indian in the matter of inter-country adoption of Indian children.
o Registered Overseas Citizens of India shall be treated at par with resident Indian nationals in the matter of tariffs in air fares in domestic sectors in India.
o Registered Overseas Citizens of India shall be charged the same entry fee as domestic Indian visitors to visit national parks and wildlife sanctuaries in India
Context: The Rajasthan government, in collaboration with the Wildlife Institute of India (WII), has proposed an innovative solution to aid the conservation efforts of the Great Indian Bustard. They plan to establish tunnel-like aviaries that replicate the natural landscape of the desert grasslands, the native habitat of these birds.
Great Indian Bustard
Initiatives taken to protect GIB
Context: In a bid to propel India's technological landscape into the future, the government has unveiled a series of ambitious IndiaAI Mission Projects, including upto 50% subsidy.
IndiaAI Mission:
Use of Fund:
Context: India plans to begin negotiations for a free trade agreement (FTA) with the Russian-led Eurasian Economic Union (EEU), which is expected to significantly increase trade between the regions.
Eurasian Economic Union (EEU)
India-Russia Trade:
Context: A recent study of Investment Information and Credit Rating Agency (ICRA) revealed that as of FY24, creditors realized only 4% of their claims under the Insolvency and Bankruptcy Code (IBC).
Insolvency and Bankruptcy Code (IBC)
o Initiation: Filed by either the (financial or operational) to the NCLT. debtor or creditors
o Threshold: Default amount must be at least ₹1 crore.
o Deadline: 330 days for the completion of the resolution process
o NCLT Decision: The tribunal has 14 days to accept or reject the application, providing reasons if rejected.
o Duties: Collects information, constitutes the Committee of Creditors CoC, and manages the company's affairs.
o CoC Powers: Decides to continue with the IRP or appoint a new Insolvency Professional (IP).
o Approval: A plan needs a 66% vote in favor from the CoC members.
o Submission to NCLT: The approved plan is submitted to the NCLT for final approval.
Context: The Department of Science and Technology (DST), under the Ministry of S&T, and T-Hub, a Hyderabad-based start-up incubator, inaugurated the Machine Learning and Artificial Intelligence Technology Hub (MATH).
Machine Learning and Artificial Intelligence Technology Hub (MATH)
o This initiative represents a convergence of government support, technological infrastructure, and entrepreneurial spirit aimed at propelling India to the forefront of global AI innovation.
o It plans to incubate hundreds of AI-first startups in the next few years.
Machine Learning:
o It is a self-adaptive algorithm that gets better and better analysis and patterns with experience or with new added data.
o For e.g. It processes all transactions happening on the digital platform, find patterns in the data set, and point out any anomaly detected by the pattern.
Context: External Affairs Minister of India recently said that India is working to establish the India-Middle East- Europe Economic Corridor (IMEC), and the International North-South Transport Corridor (INSTC), passing through the Chabahar port, asserting that there is a need to re-engineer the global logistics map.
India-Middle East- Europe Economic Corridor (IMEC):
o The IMEC will comprise of two separate corridors: The east corridor connecting India to the Gulf and northern corridor connecting Gulf to Europe.
o To increase efficiency, reduce costs, secure regional supply chains, increase trade accessibility, enhance economic cooperation, generate jobs and lower greenhouse gas emission, resulting in a transformative integration of Asia, Europe and the Middle East (West Asia).
Context: Recently, centre government clarify that all auto companies can make investments under EV policy.
New Electric vehicle policy:
o Three-Year Establishment Window: A three-year grace period provided for establishing local manufacturing units for EVs. Currently, India imposes hefty taxes ranging from 70 per cent to 100 per cent on imported cars, depending on their value.
o Domestic Component Stipulation: Requirement for at least 25% of components to be domestically sourced.
o Minimum Investment required: Rs 4,150 crore ($500 million).
o Maximum Limit: No limit on Investment.
o Timeline for manufacturing: 3 years for setting up manufacturing facilities in India, and to start commercial production of e-vehicles, and reach 50 per cent domestic value addition (DVA) within 5 years at the maximum.
o Domestic value addition (DVA) during manufacturing: A localisation level of 25 per cent by the 3rd year and 50 per cent by the 5th year will have to be achieved.
o Custom Duty Applicability: 15 per cent (as applicable to CKD units) would be applicable for a period of 5 years.
Benefit of EV Policy
Context: Recently, the Department for Promotion of Industry and Internal Trade (DPIIT) said transactions on Open Network for Digital Commerce (ONDC), crossed 70 lakh in this year.
Open Network for Digital Commerce (ONDC):
o Buyer-side apps: Consumers place orders.
o Seller-side apps: Merchants are onboarded and their listings displayed.
o Logistics platforms: Handle deliveries.
Context: Recently, Leopard cat spotted in Maharashtra’s Pench, in what is being billed as Central India’s first sighting of the species.
Indian leopard:
o IUCN Red List: Vulnerable
o CITES: Appendix I
o Wildlife (Protection) Act,1972: Schedule I
o Elusiveness and Solitary Behaviour: The leopard is characterized by its elusive nature, preferring solitude, and is primarily active during the night.
o Climbing Proficiency: Known for its exceptional climbing abilities, the leopard has been observed resting on tree branches during the day.
o Tree-Associated Behaviours: The leopard exhibits distinctive behaviours such as dragging its kills up trees and suspending them there. It is also capable of descending from trees headfirst.
o The leopard population in India witnessed an 8% rise from 12,852 in 2018 to 13,874 in 2022.
o Madhya Pradesh reported the highest leopard count (3,907), followed by Maharashtra (1,985), Karnataka (1,879), and Tamil Nadu (1,070.
o Leopards' adaptability leads to conflict, particularly in villages, as they are known to prey on cattle, resulting in higher mortality rates
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