Why is it in the News?

India's ranked improved to 113 out of 190 countries in the World Bank’s Women, Business and Law index, according to the 10th edition of the report released Monday.

About Women, Business and Law Index:

• The "Women, Business and the Law (WBL)" index is a project of the World Bank Group, specifically designed to measure the legal environment for women's economic opportunities across 190 economies.
• It's distinct from a general "Gender Equality Index" as it focuses specifically on legal frameworks and their impact on women's involvement in business and professional life.

What does it Measure?

• The WBL index assesses legal frameworks across eight indicators:
  • Mobility (freedom of movement)
  • Workplace (discrimination, maternity leave, etc.)
  • Pay (equal pay for equal work)
  • Marriage (property rights, domestic violence)
  • Parenthood (parental leave, child custody)
  • Entrepreneurship (starting and running a business)
  • Assets (ownership and inheritance)
  • Pension (access to and benefits)
• Scoring: Each indicator is scored on a scale of 0 to 100, with 100 representing the highest level of legal rights and protections for women.
  • The overall score for a country is the average of these eight indicators.
• Latest version: The latest edition is "Women, Business and the Law 2024", released in October 2023.
• This version also introduces two new indicators:
  • Safety (addressing violence against women)
  • Childcare (availability, affordability, and quality)

Highlights of the Report:

• Women spend an average of 2.4 more hours a day on unpaid care work than men—much of it on the care of children.
• Only 62 economies—fewer than a third—have quality standards governing childcare services, which has an adverse impact on the employment opportunity of women as mothers with young children have their battles to pick.
• Women face hindrances in areas such as entrepreneurship as just one in every five economies mandate gender-sensitive criteria for public procurement processes, meaning women are deprived of significant economic opportunities.

About India:

• According to the 10th edition of the Women, Business and Law index, India ranks 113 out of 190 countries in the Index.
  • The addition of Safety and childcare as indicators in the new index is believed to have improved India’s ranking slightly.
• The index shows that in India, women enjoy 60% of the legal rights compared to men, which is lower than the global average of 64.2%, but much higher than the 45.9% of the legal protections compared to men.
• Over the years, India’s score has remained constant at 74.4%, whereas a total of 14 countries around the world, including Denmark, Canada, and Finland, score a perfect 100 in the legal framework score.
  • Some of the less developed countries like Ethiopia, Namibia, and even Burundi have better scores than India.
• India’s performance is much lower in providing supportive frameworks, such as programs, services, budgets, procedures, inspections, and sanctions for non-compliance with quality standards.
  • Only 54.2% of the supportive frameworks needed were established in the country.

Why is it in the News?

The 60th edition of the Venice Biennale, known as “the Olympics of the art world”, will open on April 20.

What is the Venice Biennale?

• The Venice Biennale is one of the biggest and most prestigious art fairs in the world.
  • Biennale is an Italian word which means ‘every other year’. Over the years, however, it has come to mean a large international exhibition that takes place every two years.
  • A biennale exhibition is different from a regular exhibition as it is organized on a large scale and involves multiple venues.
• Biennales feature contemporary art by artists from various countries that are usually linked by a common curatorial theme, providing a framework for exploring contemporary social, economic and political ideas in an international context.

India’s participation:

• India made its debut at the Biennale in 1954. Recording robust sales, the exhibition comprised over 50 paintings of masters such as M F Husain, S H Raza, Jamini Roy, Amrita Sher-Gil, and Francis Newton Souza.
• After 1954, the country officially participated in the event in 2011. The exhibition was organized by Lalit Kala Akademi and curated by Ranjit Hoskote.
  • It featured works by artists like Zarina Hashmi, Gigi Scaria, Praneet Soi, and the Desire Machine Collective.
• At the 2019 Venice Biennale, the Ministry of Culture, Confederation of Indian Industry, National Gallery of Modern Art, and Kiran Nadar Museum of Art (KNMA) in collaboration organized the Indian pavilion.

Will India have a presence at the 2024 Venice Biennale?

• This year, the Biennale is helmed by its first Latin American curator — the artistic director of the São Paulo Museum of Art, Adriano Pedrosa.
  • His theme for the event is “Foreigners Everywhere”, which will delve into the experiences of those living on the margins, as outsiders, immigrants or indigenous populations.
• Works by Indian artists will also feature in this central exhibition.
  • This includes the late modernists Ram Kumar, B Prabha, SH Raza, Jamini Roy, Amrita Sher-Gil, FN Souza, and Goa-based Monika Correa.
  • Representing the contemporary will be the public art collective Aravani Art Project, led by trans and cis women.

Why is it in the News?

Recently, Prime Minister Narendra Modi witnessed the start of the process of core-loading the indigenous prototype fast breeder reactor (PFBR) at the Madras Atomic Power Station in Kalpakkam, Tamil Nadu.

What is the PFBR?

• The PFBR, or Prototype Fast Breeder Reactor, is a nuclear reactor designed to produce more nuclear fuel than it consumes.
• In nuclear fission, the nucleus of an atom absorbs a neutron, becomes unstable, and splits into two, releasing energy.
• If the unstable nucleus releases additional neutrons, the reactor’s facilities can utilize them to initiate more fission reactions.

How does the PFBR work?

• PHWRs use natural or low-enriched U-238 as the fissile material and produce Pu-239 as a byproduct.
  • This Pu-239 is combined with more U-238 into a mixed oxide and loaded into the core of a new reactor together with a blanket.
  • This is a material the fission products in the core react with to produce more Pu-239.
• A breeder reactor is a nuclear reactor that produces more fissile material than it consumes.
  • In a ‘fast’ breeder reactor, the neutrons aren’t slowed, allowing them to trigger specific fission reactions.
• The PFBR is designed to produce more Pu-239 than it consumes.
  • It uses liquid sodium, a highly reactive substance, as coolant in two circuits. Coolant in the first circuit enters the reactor and leaves with (heat) energy and radioactivity.
  • Via heat-exchangers, it transfers only the heat to the coolant in a secondary circuit.
  • The latter transfers the heat to generators to produce electricity.

Why is it in the News?

The Department of Telecommunications (DoT) recently launched its ‘Digital Intelligence Platform (DIP)’ to curb the misuse of telecom resources in cybercrimes and financial frauds, and the ‘Chakshu’ facility on the Sanchar Saathi portal to enable citizens to report suspected fraud communication.

About Digital Intelligence Platform (DIP):

• Digital Intelligence Platform (DIP) is developed by the Department of Telecommunications.
• It is a secure and integrated platform for real time intelligence sharing, information exchange and coordination among the stakeholders i.e. Telecom Service Providers (TSPs), law enforcement agencies (LEAs), banks and financial institutions (FIs), social media platforms, identity document issuing authorities etc.
• The portal also contains information regarding the cases detected as misuse of telecom resources. The shared information could be useful to the stakeholders in their respective domains.
• It also works as a backend repository for the citizen-initiated requests on the Sanchar Saathi portal for action by the stakeholders.
• The DIP is accessible to the stakeholders over secure connectivity and the relevant information is shared based on their respective roles.
• The said platform is not accessible to citizens.

What is the Chakshu Facility?

• Chakshu is the latest addition to the citizen centric facilities already available on the Sanchar Saathi portal of DoT.
• It facilitates citizens to report suspected fraud communication received over call, SMS or WhatsApp with the intention of defrauding like KYC expiry or update of bank account / payment wallet / SIM / gas connection / electricity connection, sextortion, impersonation as government official / relative for sending money, disconnection of all mobile numbers by Department of Telecommunications etc.
• In case, a citizen is already a victim of cyber-crime or financial fraud, it is advised to report at cyber-crime helpline number 1930 or website https://www.cybercrime.gov.in of Government of India.

Why is it in the News?

Germany has recently declared its approval for carbon capture and offshore storage for specific industrial sectors.

What is Carbon Capture and Storage?

• CCS refers to a host of different technologies that capture CO2 emissions from large point sources like refineries or power plants and trap them beneath the Earth.
• Notably, CCS is different from carbon dioxide removal (CDR), where CO2 is removed from the atmosphere.
• CCS involves three different techniques of capturing carbon, including: Post-combustion, Pre-combustion, and Oxyfuel combustion.
  • In post-combustion, CO2 is removed after the fossil fuel has been burnt. By using a chemical solvent, CO2 is separated from the exhaust or ‘flue’ gasses and then captured.
  • Pre-combustion involves removing CO2 before burning the fossil fuel. “First, the fossil fuel is partially burned in a ‘gasifier’ to form synthetic gas. CO2 can be captured from this relatively pure exhaust stream,” according to a report by the British Geological Survey. The method also generates hydrogen, which is separated and can be used as fuel.
  • In oxyfuel combustion, the fossil fuel is burnt with almost pure oxygen, which produces CO2 and water vapor. The water is condensed through cooling and CO2 is separated and captured. Out of the three methods, oxyfuel combustion is the most efficient but the oxygen burning process needs a lot of energy.
• Post-combustion and oxyfuel combustion equipment can be retro-fitted in existing plants that were originally built without them. Pre-combustion equipment, however, needs “larger modifications to the operation of the facility and are therefore more suitable to new plants.
• After capture, CO2 is compressed into a liquid state and transported to suitable storage sites.
  • Although CO2 can be transported through ship, rail, or road tanker, pipeline is the cheapest and most reliable method.

Can Carbon Capture Help Save the world?

• Operational CCS projects generally claim to be 90 percent efficient, meaning they can capture 90 per cent of carbon and store it.
• Studies, however, have shown that a number of these projects are not as efficient as they claim to be.
  • For example, a 2022 study by the Institute for Energy Economics and Financial Analysis (IEEFA) found most of the 13 flagship CCS projects worldwide that it analyzed have either underperformed or failed entirely.
• Moreover, CCS technologies are quite expensive.
  • When CCS is attached to coal and gas power stations it is likely to be at least six times more expensive than electricity generated from wind power backed by battery storage.
  • It is far cheaper and more efficient to avoid CO2 emissions in the first place.
• There are also only a few operational CCS projects across the world even though the technology has been pushed for decades.
• According to the International Energy Agency (IEA), there were 40 operational CCS projects in 2023, which captured more than 45 metric tonnes (Mt) of CO2 annually.
• To ensure the planet doesn’t breach the 1.5 degree Celsius temperature increase limit, it would take an “inconceivable” amount of carbon capture “if oil and natural gas consumption were to evolve as projected under today’s policy settings.
• It added that the electricity required to capture that level of carbon as of 2050 would be more than the entire planet’s use of electricity in 2022.
• Therefore, there couldn’t be an overreliance on carbon capture as a solution to tackle climate change.