Insights Daily Current Affairs + Pib
Insights Daily Current Affairs + Pib
DAILY
CURRENT
AFFAIRS + PIB
SUMMARY
12 SEP 2023
www.insightsonindia.com
GS1
Table of Contents
GS1
MARITIME TRADE ROUTE BE-
• Maritime trade route between India and Europe 2 TWEEN INDIA AND EUROPE
GS2/ GS3
• India-Middle East-Europe Economic Corridor (IMEE-EC) Syllabus: Ancient History
3
Source: IE
GS3
• India’s falling cotton production 5 Context: The article is related to the recently launched In-
dia-Middle East-Europe Economic Corridor (IMEE-EC), from
a historical point of view. Check the next article for IMEE-EC
Content for Mains Enrichment
• Initiatives for promoting disability Rights and Promoting
inclusivity 6
What is the Red Sea Route?
The Red Sea route refers to an ancient maritime trade route
Facts for Prelims (FFP) that connected India with the Roman Empire through the
• Shanti Swarup Bhatnagar Prize (SSB) 2022 6 Red Sea.
• Vidya Samiksha Kendras 7 • This route facilitated the exchange of various goods,
• Goa Roadmap and ‘Travel for LiFE’ program 7 including luxuries like spices, ivory, pearls, gem-
• Global regulation of cryptocurrencies 8 stones, and pepper from India to the Roman Empire.
• Project Samudrayaan 8
• Genetic engineering to control Mosquitoes 9
• New Central Empowered Committee (CEC) for Environ-
mental Issues 9
• United Nations’ Global Stocktake Report 9
Mapping
• Moodbidri (Dakshina Kannada, Karnataka) 10
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Importance of the GS2/ GS3
route Chinese silk reached Rome through
India’s ports, emphasizing India’s his- INDIA-MIDDLE EAST-EUROPE
torical importance
Recent excavations in places like Muz-
ECONOMIC CORRIDOR (IMEE-EC)
iris and Berenike have contributed to
understanding the trade
Syllabus: Multilateral Initiatives/ Impact of LPG
India’s centrality in trade and the
spread of ideas during the 1st and Source: TOI, IE,
2nd centuries CE is recognized
Context: On the sidelines of the G20 Summit in New Del-
About Red Sea: hi, an MoU was signed between India, the US, Saudi Arabia,
The Red Sea is an inlet of the Indian Ocean located between the European Union, the UAE, France, Germany, and Italy to
Africa and Asia. It is one of the most saline bodies of water establish the India-Middle East-Europe Economic Corridor
globally. Bordering countries include Egypt, Saudi Arabia, (IMEE-EC).
Yemen, Sudan, Eritrea, and Djibouti. It connects to the In-
dian Ocean in the south through the Bab el Mandeb Strait
and the Gulf of Aden. In the north, it is bordered by the Sinai What is IMEC?
Peninsula, the Gulf of Aqaba, and the Gulf of Suez, leading to The India-Middle East-Europe Economic Corridor (IMEE-EC)
the Suez Canal. The Red Sea occupies a part of the Great Rift is an infrastructure development project that aims to create
Valley, known as the Afro-Arabian Rift Valley. connectivity through rail and shipping networks, energy ca-
bles, and data links.
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Benefits for Enhancing food security, regional supply East Asia. Under this, the Chinese government helped in
India chains, trade accessibility, environmen- providing loans for infrastructure projects to various coun-
tal considerations, economic cohesion, tries, and in many cases, Chinese companies were awarded
job creation, and reduces greenhouse gas contracts for carrying out the work.
emissions.
Reliable cross-border ship-to-rail transit Issues with Description
network connecting India, the UAE, Saudi BRI
Arabia, Jordan, Israel, and Europe. Unsustain- According to a 2019 World Bank report,
It offers India a crucial role in global com- able Debts among the 43 corridors, 12 could face a sit-
merce, digital communication, and energy uation where debts were not sustainable
networks vis-à-vis China’s BRI E n v i r o n - BRI projects have raised concerns about en-
Geographical Advantage: It firmly posi- mental Con- vironmental degradation and their impact
tions India along the trade route spanning cerns on ecosystems.
South East Asia to the Gulf, West Asia, and Corruption There have been allegations of corruption
Europe. in some BRI projects, affecting their cred-
ibility.
Critics argue that the BRI lacks transpar-
What is the PGII initiative? ency in agreements and financing, making
The PGII (Partnership for Global Infrastructure Investment) costs unclear.
initiative (announced in 2021 during the G7 summit in the Te r r i t o r i a l E.g., BRI included the China-Pakistan Eco-
UK) is a collaborative effort by G7 countries to fund infra- Disputes nomic Corridor, which connected Kashgar
structure projects in developing nations. in China with the Gwadar port in Pakistan
• It serves as an alternative to China’s Belt and Road via Pakistan-occupied Kashmir
Initiative (BRI) and aims to mobilize funds for critical
Varying Ben- Different countries have varying opinions
infrastructure development, focusing on transpar-
efits on the benefits of enhanced trade connec-
ency, sustainability, and gender equality.
tivity through BRI.
• PGII emphasizes loans over charity, benefiting both
lending and receiving countries. G7 Alterna- The G7’s PGII initiative aims to provide a
tive more transparent and sustainable alterna-
tive to the BRI.
Other initiatives under PGII announced previously are:
PGII Initiatives Description
Trans-African It will connect the port of Lobito in An-
Corridor gola with Katanga province in Congo
and the copper belt in Zambia
Clean Energy The PGII announced clean energy proj-
Projects in In- ects in Indonesia to support sustainable
donesia energy sources and infrastructure devel-
opment.
Investments in The US government’s International De-
India’s Health velopment Finance Corporation (DFC)
Infrastructure pledged over $15 million to invest in In-
dia’s health infrastructure, including eye
clinics and women’s hygiene products.
Mains Links:
EU’s Global The European Union (EU) committed Q. The newly tri-nation partnership AUKUS is aimed at coun-
Gateway Pro- to activating 300 billion USD in invest- tering China’s ambitions in the Indo-Pacific region. Is it going
gram ments for critical connectivity projects, to supersede the existing partnerships in the region? Discuss
with a focus on Africa and various re- the strength and impact of AUKUS in the present scenario.
gions around the world. (UPSC 2021)
About the BRI project: Q. China is using its economic relation and positive trade
China began the Belt and Road Initiative in 2013 under surplus as tools to develop potential military power status
its President Xi Jinping. It aims to revive the ancient trade in Asia” In the light of this statement. Discuss its impact on
routes crossing to and from China–from Rome in Europe to India as her neighbour. (UPSC 2017)
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GS3 thirds of the total consumption.
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Fabrics and Products of Technical Textiles Initiatives:
Initiative Description
MOU with the For inclusion of universal accessibility
The textile sector in India:
Council of Archi- courses in Bachelor of Architecture
India is one of the largest consumers and producers of cot-
tecture programs and develop certified cours-
ton and jute in the world. 95% of the world’s hand-woven
es for accessibility audits.
fabric comes from India.
Releasing of Release of anonymous data via the
It is the 2nd largest employment provider after agriculture. A n o n y m o u s UDID portal for research, enabling da-
India is 2nd largest manufacturer of PPE and producer of Data of UDID ta-driven decision-making in the dis-
polyester, silk and fibre in the world. ability sector.
PM Daksh Portal Introduction of the PM Daksh Portal,
a digital platform offering registration,
skill training options, job listings, and
streamlined administrative processes
for persons with disabilities.
Courts on Dis- Compilation of significant disabili-
ability Rights ty rights judgments from India’s Su-
preme Court and High Courts into a
booklet for reference.
Online Case Adoption of a paperless and efficient
Monitoring Por- online case monitoring portal by the
tal by CCPD Chief Commissioner for Persons with
Disabilities for handling grievances.
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About CSIR Council of Scientific and Industrial Currently, a central VSK centre is managed by Ernst and
Research was established by the Gov- Young, and it operates on open-source C-Qube software.
ernment of India in 1942 (HQ: New Data is manually input and accessible in downloadable Excel
Delhi) as an autonomous body that format, but the plan is to shift to automatic data integration
has emerged as the largest research using Application Programming Interface (API) integration.
and development organisation in In- This aligns with the National Education Policy of 2020, aim-
dia and also among the world’s largest ing to make data open source.
publicly funded R&D organisations
Significance:
Comprises 37 national laboratories, • The goal is to analyse data from various sources for
39 outreach centers, 3 Innovation correlations and insights. For example, attendance
Complexes, and 5 units. patterns can be correlated with student drop-out
The Ministry of Science and Technol- rates or linked to the effectiveness of mid-day meal
ogy operates autonomously under the programs.
Societies Registration Act, 1860. • VSKs are also intended to map school locations and
population data to assess the Gross Access Ratio,
Scope Encompasses various fields including aiding in the planning of new schools, industry clus-
physics, genomics, nanotechnology, ters, skilling requirements, and higher education
mining, aeronautics, and more; Con- institutions based on demand and future scenarios.
duct scientific and industrial/applied
research of national importance This initiative aims to improve educational data analytics
Structure President: Prime Minister of India and enhance decision-making in the education sector.
(Ex-officio); Vice President: Union
Minister of Science and Technology
(Ex-officio) GOA ROADMAP AND ‘TRAVEL
Initiatives Addressing COVID-19 through tech-
nology verticals including diagnostics, FOR LIFE’ PROGRAM
drug repurposing, and more.
Developing indigenous technologies
Context: During the G20 Leaders’ Summit in Delhi, the lead-
like Head-Up-Display for aircraft, solar
ers endorsed the “Goa Roadmap” and the “Travel for Life”
trees for clean power, and lithium-ion
program, both aimed at boosting the tourism sector.
battery fabrication.
Agriculture initiatives such as Bacteri-
Initiative Description
al Blight blight-resistant rice, white-
fly resistant cotton variety, and more. Goa Roadmap Aligned with India’s G20 Presidency
theme - Emphasizes the pivotal role
Healthcare projects like Genomics and
of tourism in sustainable socio-eco-
other omics technologies for medical
nomic development and environ-
decision support and Ksheer-scanner
mental stewardship - Focuses on five
for milk adulteration detection.
priorities: Green Tourism, Digitaliza-
Food and nutrition efforts including tion, Skills, Tourism MSMEs (Micro,
Double-Fortified Salt to address ane- Small, and Medium-sized Enterpris-
mia. es), and Destination Management
G20 Tourism and Launched by the Ministry of Tourism
SDG Dashboard in collaboration with the UNWTO
VIDYA SAMIKSHA KENDRAS (United Nations World Tourism Orga-
nization) - Serves as a global reposito-
Context: The Ministry of Education is urging states to estab- ry showcasing best practices and case
lish Vidya Samiksha Kendras (VSKs), which are data reposi- studies on sustainable tourism from
tories under the National Digital Education Architecture. G20 nations
• These centres will collect data from various educa- Tourism for To- To be launched by the Ministry of
tional schemes run by the Ministry of Education, morrow Competi- Tourism - A national competition
including mid-day meal programs, teacher training,
tion aimed at identifying and recognizing
textbook content, school attendance, students’
learning outcomes, and performance grading. best practices aligned with the prior-
ities of the Goa Roadmap
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Travel for LiFE Pro- Inspired by the concept of “Lifestyle providers can help fill information gaps and facilitate
gram for Environment” (LiFE) promoted the monitoring of cross-border crypto activities.
by India’s Prime Minister - Encour- • Anti-money Laundering Standards: It recommends
ages tourists and tourist businesses implementing the Financial Action Task Force’s
to take simple actions benefiting the standards to combat money laundering and terror-
environment and climate - Promotes ist financing related to cryptocurrencies.
responsible and sustainable tourism -
Recognizes both tourists and tourism The G20 Leaders Declaration endorsed the FSB’s recommen-
businesses for their sustainable prac- dations and welcomed the paper’s roadmap for a coordinat-
tices ed and comprehensive policy and regulatory framework.
About FSB:
The Financial Stability Board (founded in 2009; HQ: Basel,
GLOBAL REGULATION OF CRYP- Switzerland) is an international body that monitors and
makes recommendations about the global financial system.
TOCURRENCIES It was established after the G20 London summit (2009) as a
successor to the Financial Stability Forum.
Context: The article highlights the differences in cryptocur-
rency regulations worldwide.
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NEW CENTRAL EMPOWERED
COMMITTEE (CEC) FOR ENVIRON-
MENTAL ISSUES
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Temperature Pro- Global temperature rise is now ex- B.C. The discovery includes various figurines, such as cow
jection Improve- pected to be between 2.4-2.6°C, a bovines, a mother goddess, peacocks, a horse, and more.
ment significant improvement from the
earlier projection of 3.7-4.8°C in Mudbidri is a town and taluk in Dakshina Kannada district.
2010. It lies 34 km northeast of the district headquarters, Manga-
lore, in Karnataka. Because of the widely grown bamboo in
Negative Takeaways
ancient days, this place was named Moodabidri.
Emission Rate Ex- Despite some progress, global emis-
ceeds Limits sions are to exceed the limits set in
the Paris Agreement
Ambitious Action Achieving net-zero CO2 emissions
Needed requires an 84% reduction in global
greenhouse gas (GHG) emissions be-
low 2019 levels by 2050
Deficits in Climate There are shortfalls in various as-
Action pects of climate action, including
mitigation, adaptation, and finance,
indicating the need for more com-
prehensive efforts.
Key recommendations of the Report
On Mitigation Inclusive and equitable system
transformation for transitioning
from fossil fuel-based energy sys-
tems to renewable energy sources
like solar and wind
Adaptation Integrate climate change risks into
all aspects of planning and imple-
mentation. Ensure transparent re-
porting on adaptation efforts.
Mapping
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