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Context: The Economic Survey presented by the Finance Minister in the Lok Sabha highlighted that demand under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) reflects institutional capacity and other factors rather than solely indicating rural distress.
Key Findings of Economic Survey
Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS)
Context: Indian Navy warship INS Brahmaputra suffered significant damage due to a fire at Mumbai's Naval Dockyard. During the incident, the frigate listed heavily to the port side.
INS Brahmaputra
oFirst of Its Class: INS Brahmaputra is the inaugural vessel of the Brahmaputra-class guided-missile frigates.
oIndigenous Shipbuilding: Represents India’s advancing self-reliance in naval construction.
oVersatile Maritime Operations: Designed for a wide range of operations from coastal defense to blue-water missions.
oDimensions and Size: Displacement of 5,300 tonnes, 125 meters in length, and a 14.4-meter beam.
oAdvanced Sensors and Weaponry: Equipped with modern sensors, medium-range and close-range guns, and various missiles.
oHelicopter Operations: Capable of operating Seaking and Chetak helicopters.
oMulti-Role Functionality: Effective in surface warfare, air defense, and anti-submarine operations.
oStrategic Asset: A crucial component of the Indian Navy’s strategic capabilities.
Context: The Indian Renewable Energy Development Agency Limited (IREDA) will invest in the Upper Karnali Hydro-Electric Power Project, enhancing India's renewable energy portfolio.
Upper Karnali Hydro-Electric Power Project
Karnali River
Context: Union Public Service Commission (UPSC) Chairperson Dr. Manoj Soni has resigned from his position five years before the end of his term in 2029, citing "personal reasons."
Union Public Service Commission
oIt is an independent constitutional body.
oAs per Article 312 of the Indian Constitution, the Parliament is entitled to create one or more All India services common to the Union and the States.
oAdjudged insolvent.
oEngages in paid employment outside the duties of the office during the term.
oFound unfit to continue in office due to mental or physical infirmity.
Context: India will seek licenses to explore deep-sea minerals in the Pacific Ocean as part of its strategy to secure resources essential for energy transition technologies.
Deep-Sea Mining
oControl of Critical Minerals: Countries that dominate the supply of critical minerals will have significant influence over the global political economy of electrification and decarbonization.
oCurrent Mineral Supply Dynamics: Currently, 70% of the world's cobalt is mined in the Democratic Republic of the Congo, and 95% of lithium comes from Argentina, Chile, and China, creating supply chain vulnerabilities.
oOpportunities for Mineral-Poor States: Deep-sea mining could potentially provide mineral-poor states with the chance to gain supply chain independence and access to emerging green technology markets.
Regional Focus: The Pacific Ocean
oPacific Island states that rely on sectors like fishing, tourism, and renewable energy are particularly concerned about the potential impacts of deep-sea mining on their economies and ecosystems.
oThe environmental impacts of deep-sea mining, including effects on migratory fish patterns, marine biodiversity, and long-term ecosystem health, are not well-understood and could be both immediate and irreversible.
oA study simulating deep-sea mining disturbances found evidence of ecosystem disruption even twenty-six years after the disturbance, highlighting the potential for long-term environmental damage.
Context: India recently completed its fourth periodic review by the UN Human Rights Committee under the International Covenant on Civil and Political Rights (ICCPR) in Geneva.
International Covenant on Civil and Political Rights (ICCPR)
oThe right to life and human dignity
oEquality before the law
oFreedom of speech, assembly, and association
oReligious freedom and privacy
oFreedom from torture, ill-treatment, and arbitrary detention
oGender equality
Context: India achieved record arms exports of $2.5 billion (Rs 20,915 crore) in 2023-24, marking its highest-ever figure and securing a spot among the top 25 arms exporter nations, thanks to rising defense production.
India’s Defence Sector
oRussia continues to be India's main weapons supplier accounting for 36% of its arms imports
Government Initiatives to Boost Defence Exports
Context: India Maritime Centre (IMC) moves closer to reality under the Maritime India Vision 2030.
India Maritime Centre (IMC)
oStrengthening India’s participation in the International Maritime Organisation (IMO) and global maritime forums.
oCreating a robust domestic maritime sector through a unified and synchronised approach.
oConducting flagship events to build a strong global brand for the Indian maritime cluster.
oProviding expert analysis and recommendations for sustainable growth.
oEstablishing platforms for industry stakeholders to collaborate and network.
oCreating a pool of funds to support the industry, including startups.
Context: The EU Artificial Intelligence Act, the world's first comprehensive law, aims to harmonize regulations for AI models and systems.
EU Artificial Intelligence Act
oHorizontal Approach: The EU AI Act applies to all areas where AI is utilized.
oProhibited AI Systems: Systems that breach fundamental rights or pose unacceptable dangers, like social assessment tools generating biased risk profiles.
oHigh-Risk AI: Systems significantly impacting people's lives and rights, including biometric identity, essential infrastructure, and applications in education, health, and law enforcement.
oLimited-Risk AI: Systems requiring user involvement, such as chatbots and recommendation systems, which must be transparent and allow users to opt out.
oMinimal Risk AI: Systems with little or no risk, such as spam filters and smart appliances, which are generally exempt from specific AI rules but must adhere to existing laws like consumer protection and product safety.
Roadmap for India
Context: India is hosting the World Heritage Committee Meeting for the 1st time at Bharat Mandapam in New Delhi.
World Heritage Committee
oThe Bureau of the Committee coordinates the work of the Committee and fixes the dates, hours, and order of business of meetings.
oThe Committee is responsible for implementing the World Heritage Convention, defining its use, and allocating financial assistance upon requests from States Parties.
oIt has the final say on whether a property is inscribed on the World Heritage List, examines reports on the conservation of inscribed properties, and asks States Parties to act when properties are not being properly managed.
oIt also decides on the inscription or deletion of properties on the List of World Heritage in Danger.
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