In News:

GG Tau A System: Located about 489 light-years from Earth, this system is a triple-star setup that is between 1 to 5 million years old. This makes it an ideal system for studying the early stages of planetary formation.

Findings from the Discovery:

• Protoplanetary Disk: The system features a protoplanetary disk made of gas and dust, where new planets are forming. Researchers from NISER (National Institute of Science Education and Research), Odisha detected emissions from key molecules in the disk.
• Chemical Molecules: The molecules are frozen on tiny dust particles in the coldest regions of the disk (temperatures between 12 K and 16 K). These frozen molecules could serve as the building blocks for new planets.

Significance of the Discovery:

• Triple-Star Configuration: GG Tau A’s triple-star system is rare, and it has complex gravitational interactions among the three stars. This complicates how the gas and dust disk behaves and provides unique insights into planetary formation in multi-star systems.
• Study of Planet Formation: Traditionally, planets form around single stars or in binary systems. However, multi-star systems like GG Tau A present challenges for planet formation. Studying this system helps scientists understand how planets can form in more complex environments.
• Cold Conditions for Planet Formation: The study found that icy conditions in the disk are essential for the accumulation of materials that form planets. These low temperatures (below the freezing point of carbon monoxide) allow dust and gas particles to clump together, creating the foundation for exoplanets.

Broader Implications:

• Exoplanet Diversity: This research enhances our understanding of how planets form in different types of star systems, contributing to the study of exoplanets and their potential diversity across the universe.
• Astrophysics and Planetary Science: This discovery plays a crucial role in improving our knowledge of the early stages of planet formation, especially in complicated star systems like triple-star setups, which are rare but can provide valuable insights into how planetary systems evolve under unique conditions.

Research Tools:

• The team used advanced radio telescopes located in the Atacama Desert (Chile) to observe the emissions from the disk, highlighting the role of cutting-edge technology in space exploration and astronomical research.

In News:

• Madhav Gadgil, an Indian ecologist, received the UN Environment Programme (UNEP)'s Champions of the Earth Award in 2024.
• The Champions of the Earth Award is UNEP’s highest environmental honor, recognizing individuals, organizations, and governments for significant contributions to environmental protection and sustainable development.

Contributions of Madhav Gadgil:

• Work in Western Ghats:
  • Gadgil is recognized for his seminal work in the Western Ghats, an ecologically sensitive region in India, which is a global biodiversity hotspot.
  • He chaired the Western Ghats Ecology Expert Panel (WGEEP), formed by the Indian government to assess the impacts of population pressure, climate change, and development on the region.
• Recommendations by WGEEP:
  • Ecologically Sensitive Area (ESA): Recommended declaring the entire Western Ghats range as an ESA.
  • The WGEEP suggested dividing the Western Ghats into three Ecologically Sensitive Zones (ESZ) based on environmental sensitivity.
  • Development Restrictions: Proposed a ban on activities like mining, quarrying, thermal power plants, and large-scale hydropower projects in the most sensitive zones (ESZ-1).
  • Governance Recommendations: Suggested a bottom-to-top governance approach, beginning with Gram Sabhas, and the creation of a Western Ghats Ecology Authority (WGEA) for effective management.
• Impact of Gadgil’s Work:
  • His research and recommendations have played a crucial role in shaping environmental policy and public opinion in India.
  • The UNESCO World Heritage status for the Western Ghats in 2012 was a significant step in global recognition of the region’s ecological importance.

About the Champions of the Earth Award:

• History & Significance:
  • Established in 2005, the award recognizes trailblazers working towards addressing the triple planetary crisis: climate change, biodiversity loss, and pollution.
  • Since its inception, it has honored 122 laureates who have shown outstanding leadership in environmental conservation.
• 2024 Awardees:
  • Madhav Gadgil (India) – for his work on the Western Ghats.
  • Sonia Guajajara (Brazil) – for advocacy for Indigenous rights and environmental protection.
  • Amy Bowers Cordalis (USA) – for her work in Indigenous rights and ecosystem restoration.
  • Gabriel Paun (Romania) – for defending Europe’s old growth forests from illegal logging.
  • Lu Qi (China) – for contributions to afforestation and combating desertification.
  • SEKEM (Egypt) – for advancing sustainable agriculture.

Key Facts about UNEP:

• UN Environment Programme (UNEP):
  • Established in 1972, UNEP is a leading global authority on environmental issues.
  • UNEP aims to address climate change, nature and biodiversity loss, and pollution through scientific research, policy support, and public advocacy.
  • UNEP is headquartered in Nairobi, Kenya and works closely with 193 Member States to tackle the planet’s most pressing environmental challenges.

In News:

• Recently, the government introduced a separate category of Ayush Visa for foreigners seeking treatment under the Ayush systems of medicine (Ayurveda, Yoga, Unani, Siddha, and Homeopathy).
• The Ayush Visa is available in four sub-categories:
  • Ayush Visa: For foreigners visiting India for therapeutic care and wellness treatment in accredited hospitals/wellness centers.
  • Ayush Attendant Visa: For attendants accompanying patients seeking Ayush treatment.
  • e-Ayush Visa: An electronic version of the Ayush Visa for convenience.
  • e-Ayush Attendant Visa: For attendants accompanying patients on an e-Ayush Visa.

• Visa Statistics (as of December 4, 2024):

• 123 regular Ayush visas have been issued.
• 221 e-Ayush visas issued.
• 17 e-Ayush attendant visas issued.

• Advantage Healthcare India Portal:

• The Ministry of Health and Family Welfare launched the Advantage Healthcare India portal, an official platform for Medical Value Travel (MVT).
• The portal facilitates information for international patients seeking medical treatment and wellness services in India.
• The website for accessing the portal is www.healinindia.gov.in.

• Government's Objectives: The government aims to sensitize stakeholders involved in MVT, including Ayush facility providers, to ensure smooth services for international patients.

In News:

Human Rights Day 2024 celebrated every year on 10th December is dedicated to promote protection of fundamental rights and freedom of all individuals.

Key Highlights:

• Purpose: Promote and protect human rights and freedoms worldwide.
• Theme (2024): “Our Rights, Our Future, Right Now” – highlights the importance of immediate action to protect and uphold human rights globally.

Historical Significance:

• Commemorates: The adoption of the Universal Declaration of Human Rights (UDHR) by the UN General Assembly in 1948.
• UN Resolution: Established by UN Resolution 423 (V) in 1950.
• First Observance: December 10, 1950.
• Father of Human Rights Day: Eleanor Roosevelt, for her pivotal role in drafting the UDHR.

Key Highlights:

• The UDHR:
  • Adopted in 1948, it defines fundamental human rights for all individuals.
  • Comprises 30 articles, addressing rights such as freedom, equality, and access to education, healthcare, and fair employment.
• Role of the UN: UN Human Rights Council (UNHRC): A body under the UN responsible for monitoring and promoting human rights worldwide, comprising 47 member states.
• Human Rights Day Focus in 2024:
  • Emphasizes human rights education, particularly among the youth.
  • Addresses emerging challenges like cybercrimes, AI impacts, and climate change.
  • Reaffirms the importance of safeguarding human dignity globally.

Human Rights Declared by UDHR:

1. Right to freedom and equality
2. Right to life, liberty, and security
3. Freedom from slavery and torture
4. Right to recognition before the law
5. Equal protection under the law
6. Right to a fair trial
7. Right to privacy and protection from attacks
8. Right to work and fair employment
9. Right to rest and leisure
10. Right to education
11. Right to an adequate standard of living
12. Right to participate in government and cultural activities

In News:

• AgeXtend is developed by researchers at Indraprastha Institute of Information Technology – Delhi (IIIT-Delhi) to rapidly identify age-defying compounds, known as geroprotectors, to promote healthy aging.

Key Features of AgeXtend:

• What is AgeXtend?
  • An AI-based platform designed to discover compounds with geroprotective (anti-aging) properties.
• Objective: To accelerate the identification of molecules promoting longevity by reducing the time and effort compared to conventional research methods.
• Development: Developed by researchers from the Indraprastha Institute of Information Technology (IIIT), Delhi.
• Working Mechanism:
  • Scans over 1.1 billion compounds to predict, analyze, and validate molecules with anti-aging potential.
  • Utilizes machine learning to determine efficacy, safety, and mechanisms of action.
  • Experimental validation conducted using yeast, worms (C. elegans), and human cell models.
• Significance:
  • The largest study on longevity, including compounds from commercial drugs, FDA-approved drugs, Ayurvedic, and Chinese medicine.
  • Provides a scientific rationale for identifying geroprotective compounds, aiding targeted research.
  • Open-source code and data promote collaboration and allow commercial exploration.

Platform Capabilities:

• AI Analysis:
  • Uses bioactivity data from existing geroprotectors to predict new compounds with similar properties.
  • Evaluates geroprotective potential, toxicity, and identifies target proteins and mechanisms of action for accuracy and safety.
• Unique Feature: Explains why a compound is considered geroprotective, revealing underlying mechanisms.
• Example Validation: Successfully identified benefits of metformin and taurine without prior knowledge, confirming the platform’s predictive power.
• Study Scale: The study involved scanning over 1.1 billion molecules, making it the largest study on longevity to date.

Open-Source and Commercial Use:

• Availability:
  • The code and data are available as open-source for researchers and students. Commercial access is available for a fee.
  • A Python package for AgeXtend is available via pip on pypi.org.
• Further Collaboration: The researchers have reached out to pharma companies to further investigate promising compounds.
• Exploring Natural Compounds: AgeXtend also explores natural compounds from the human microbiome, investigating their role in controlling cell aging.

In News:

OpenAI officially launched Sora Turbo, its advanced text-to-video artificial intelligence (AI) tool, marking a significant development in the field of visual AI generation. This follows Google’s recent expansion of its video-generative AI tool, Veo, for Vertex AI customers. However, hours after Sora Turbo’s release, OpenAI temporarily disabled sign-ups due to overwhelming demand.

Key Features of Sora Turbo:

• Text-to-Video Generation: Users can input text prompts, and Sora Turbo will generate videos based on the provided descriptions. This makes it one of the first widely accessible AI-powered video generation models.
• Video Quality & Formats: Sora Turbo can generate videos in 1080p resolution, lasting up to 20 seconds. It supports both vertical and horizontal formats.
• Remix Options: Users can remix the AI-generated videos with their own assets, allowing for customization and extension of the content.
• Speed & Interface: The tool has been optimized for faster video generation compared to its previous version, with a new user interface designed to make the process more intuitive.
• Subscription Plans:
  • ChatGPT Plus ($20/month): Users get up to 50 videos at 480p resolution per month or fewer videos at 720p resolution.
  • ChatGPT Pro ($200/month): Offers 10 times more usage, with higher resolution and longer durations.

User Access and Availability:

• Access Requirements: To use Sora Turbo, individuals need to subscribe to either the ChatGPT Plus or ChatGPT Pro plans. The tool is included in these subscriptions without additional charges.
• Geographic Limitations: As of now, Sora Turbo is unavailable in the European Union, United Kingdom, and Switzerland.

Metadata & Safety Features:

• Transparency: All videos generated by Sora Turbo will include C2PA metadata for content provenance and authenticity, along with a visual watermark.
• Abuse Prevention: OpenAI has implemented safeguards to block the generation of harmful content, including child sexual abuse materials and sexual deepfakes.

Future Developments:

OpenAI has plans to offer tailored pricing for different users starting in early 2025. Additionally, Sam Altman, CEO of OpenAI, described Sora as a groundbreaking product, comparing it to the early days of GPT technology, and emphasized its potential for co-creation and innovative visual content generation.

In News:

Recently, the Indian Navy officially commissioned INS Tushil, a multi-role stealth guided missile frigate, at Kaliningrad, Russia. This marks a significant milestone in India-Russia defense cooperation and strengthens India’s maritime capabilities.

About INS Tushil:

• Class & Design: INS Tushil is the seventh ship in the Krivak III class (Project 1135.6) of frigates. It is part of an upgraded series, following the Talwar-class and Teg-class frigates, and was built at the Yantar Shipyard in Kaliningrad, Russia.
• Development & Contract: The construction was initiated under a 2016 contract between the Indian Government, JSC Rosoboronexport (a Russian defense company), and the Indian Navy. The ship incorporates 26% indigenous technology, highlighting growing cooperation between Indian and Russian industries.
• Key Features:
  • Stealth Design: With advanced radar-absorbing features, it is less detectable by enemy radar.
  • Weaponry: Equipped with BrahMos supersonic cruise missiles, Shtil Surface-to-Air Missiles, anti-submarine torpedoes, electronic warfare systems, and more.
  • Versatility: Designed for blue-water operations, the ship can engage in air, surface, underwater, and electromagnetic warfare.
  • Helicopter Deck: Supports operations of upgraded Kamov 28 and Kamov 31 helicopters.
  • Speed: Capable of exceeding 30 knots.

Significance:

• Enhanced Naval Capabilities: The commissioning of INS Tushil boosts India’s defense strength in the Indian Ocean Region (IOR), a vital area for global maritime trade and security.
• Maritime Security: INS Tushil is designed to support India’s vision of maintaining stability in the IOR and to act as a deterrent against piracy and other maritime threats.
• Defense Cooperation: This commissioning exemplifies the growing defense ties between India and Russia, underscored by joint development, technology transfer, and shared expertise. The ship reflects a major step in India's self-reliance in defense, in line with the “Aatmanirbhar Bharat” initiative.
• Strategic Role in Global Defense: The ship is a key asset in the Indian Navy's efforts to secure maritime trade routes, enhance regional security, and provide humanitarian assistance in times of need.

Key Events & Facts:

• Construction Timeline: The keel of INS Tushil was laid in 2013, and it launched in 2021. After completing extensive sea and weapon trials in 2024, it was formally commissioned into the Navy.
• Collaborative Effort: The ship is a product of collaborative efforts between Indian and Russian industries, marking a significant achievement in joint defense manufacturing.

In News:

Recently, the Government of India announced the appointment of Sanjay Malhotra as the 26th Governor of the Reserve Bank of India (RBI). He replaces Shaktikanta Das, whose six-year tenure ends on December 10, 2024.

Background of Sanjay Malhotra:

• Education & Early Career: Sanjay Malhotra is a 1990-batch IAS officer from the Rajasthan cadre. He holds a degree in Computer Science Engineering from the Indian Institute of Technology (IIT) Kanpur and a Master’s in Public Policy from Princeton University.
• Professional Experience: Malhotra has over 33 years of experience in various sectors including power, finance, taxation, information technology, and mines. He is currently serving as the Revenue Secretary in the Ministry of Finance, a position he has held since October 2022. Prior to this, he was Secretary of the Department of Financial Services.
• Monetary Policy and Challenges: As RBI Governor, Malhotra will inherit the responsibility of steering India's monetary policy, especially as inflation has been a persistent issue and economic growth has slowed. His first monetary policy review is expected in February 2025.

About the Appointment Process:

RBI Governors are appointed by the Government of India, and the appointment process involves the Financial Sector Regulatory Appointment Search Committee, which includes the Cabinet Secretary, the current RBI Governor, the Financial Services Secretary, and two independent members. The committee prepares a list of eligible candidates, interviews them, and the final decision is made by the Cabinet Committee on Appointments, chaired by the Prime Minister.

RBI Governors Eligibility Criteria

• The RBI Act, 1934 does not mention any specific qualification for the governor. People with different educational backgrounds were selected to head the institution. However, the governor traditionally is either a civil services personnel or an economist.
• Candidates should have prior experience in areas such as:

• Working with the International Monetary Fund (IMF) or World Bank.
• Serving as Chairman or General Manager of a bank.
• Holding significant positions in reputable financial or banking organizations.
• Working in the Ministry of Finance of the Government of India.
• The candidate must be an Indian citizen aged 35 years or older.
• The candidate cannot be a member of Parliament, State Legislature, or hold any other office for profit

Key Responsibilities of the RBI Governor:

• Monetary Policy: The RBI Governor chairs the Monetary Policy Committee (MPC), which is responsible for setting benchmark interest rates and managing inflation.
• Regulation of Financial Institutions: The Governor oversees the regulation of banks, non-banking financial companies (NBFCs), and other financial institutions.
• Currency Management: The Governor ensures the proper issuance of currency and the withdrawal of unfit notes.
• Crisis Management and Policy Execution: The Governor is pivotal in managing financial crises and ensuring the execution of policies related to foreign exchange and financial inclusion.

In News:

The National Panchayat Awards 2024 celebrated the remarkable contributions of 45 Panchayats from across India for their role in driving sustainable and inclusive development in rural areas. The awards were presented on 11th December 2024 at Vigyan Bhawan, New Delhi, with President Smt. Droupadi Murmu and Union Minister of Panchayati Raj Shri Rajiv Ranjan Singh (Lalan Singh) presiding over the event.

Key Highlights:

• Categories of Awards: The awards focus on rural governance, social inclusion, environmental sustainability, and the achievement of the United Nations Sustainable Development Goals (SDGs) through Localization of SDGs (LSDGs).
  • Deen Dayal Upadhyay Panchayat Satat Vikas Puraskar (DDUPSVP): Recognizes top-performing Gram Panchayats across 9 thematic areas like health, water, sanitation, and governance.
  • Nanaji Deshmukh Sarvottam Panchayat Satat Vikas Puraskar: Awarded to the best Panchayats based on overall excellence across all LSDG themes.
  • Gram Urja Swaraj Vishesh Panchayat Puraskar: Honors Panchayats for contributions to renewable energy.
  • Carbon Neutral Vishesh Panchayat Puraskar: Awarded to Panchayats achieving net-zero carbon emissions.
  • Panchayat Kshamta Nirmaan Sarvottam Sansthan Puraskar: Recognizes institutions supporting Panchayats in implementing LSDGs.
• Notable Achievements:
  • Women’s Leadership: 42% of the award-winning Panchayats were led by women.
  • States with Top Performers: States like Tripura, Odisha, and Maharashtra were prominently recognized for their achievements, especially in sustainability efforts like carbon neutrality and renewable energy adoption.
  • Prize Distribution: A total of ?46 crore was awarded to the 45 winners, with funds directly transferred to their accounts.

Objectives:

The National Panchayat Awards aim to:

• Promote rural development through effective Panchayat governance.
• Encourage competition among Panchayats for improving public services and infrastructure.
• Recognize excellence in implementing sustainable development practices.

Key Themes of the Awards:

The awards are aligned with 9 LSDG themes that contribute to achieving 17 SDGs:

1. Poverty-Free and Enhanced Livelihoods
2. Healthy Panchayat
3. Child-Friendly Panchayat
4. Water-Sufficient Panchayat
5. Clean and Green Panchayat
6. Self-Sufficient Infrastructure
7. Socially Just and Secured Panchayat
8. Panchayat with Good Governance
9. Women-Friendly Panchayat

The National Panchayat Awards 2024 underscore the significant role of Panchayats in shaping rural India by focusing on inclusive and sustainable development. The awards also promote the importance of localized governance in achieving SDGs, encouraging other Panchayats to adopt best practices and contribute to India's overall development goals.

In News:

The Government is preparing to introduce several significant bills aimed at driving much-needed reforms in the shipping industry. Key among them are the Merchant Shipping Bill, 2024 and the Coastal Shipping Bill, 2024, both of which promise to bring transformative changes to boost the sector.

Context and Need for Reforms:

• Outdated Framework: The Merchant Shipping Act, 1958, and the Coasting Vessels Act, 1838, fail to address the current needs of the shipping sector, particularly offshore vessels.
• Regulatory Gaps: Inadequate regulation of offshore vessels, maritime training institutions, and welfare provisions for seafarers on foreign-flagged ships.
• Global Alignment: Need to align with international maritime conventions and modernize administration for competitiveness and better governance.
• Investment and Growth: Outdated laws hinder foreign investment and ease of doing business, necessitating a regulatory overhaul.

Key Features of the Merchant Shipping Bill, 2024:

• Ease of Vessel Registration:
  • Reduces ownership threshold for Indian entities from 100% to 51%, enabling NRIs, OCIs, and foreign entities to invest.
  • Facilitates registration of vessels chartered by Indian entities under the "bareboat charter-cum-demise" system, promoting capital-deficient entrepreneurs.
  • Temporary registration provisions for vessels destined for demolition, boosting India's ship recycling industry.
• Expansion of Vessel Scope:
  • Broadens the definition of "vessel" to include all types of mechanized and non-mechanized crafts, such as submersibles, hydrofoils, and Mobile Offshore Units (MOUs).
  • Ensures comprehensive regulatory oversight, particularly in the offshore sector, enhancing transparency and safety.
• Coastal Security:
  • Strengthens coastal security by empowering authorities to issue instructions to all types of vessels, addressing vulnerabilities highlighted by incidents like the 26/11 Mumbai attacks.
• Marine Pollution Measures:
  • Incorporates global standards like the MARPOL convention to address marine pollution.
  • Introduces measures such as reducing sulphur content in marine fuel and banning single-use plastics on Indian ships.
  • Launch of the ‘Swachh Sagar’ portal to ensure proper disposal of ship-generated waste.
• Seafarer Welfare:
  • Expands welfare provisions to include Indian seafarers working on foreign-flagged ships, offering protections under the Maritime Labour Convention (MLC).
  • Ensures better working conditions and safety standards for a growing workforce of Indian seafarers abroad.
• Maritime Training Regulations:
  • Establishes a legal framework to regulate maritime training institutions, addressing the rise of unauthorized institutes post-liberalization.
  • Ensures standardized, high-quality education and eliminates fraudulent practices.

Coastal Shipping Bill, 2024:

• Focus on Commercial Utilization of Coastal Waters:
  • Distinguishes between the technical regulation of ships and the commercial utilization of Indian coastal waters.
  • Aims to streamline licensing, operations, and coastal planning, enhancing the integration of inland and coastal shipping.
• Alignment with ‘Sagarmala’ Program: Supports the promotion of coastal shipping through better infrastructure and connectivity, in line with the government's ‘Sagarmala’ initiative, which boosts port connectivity and coastal trade.

International Conventions India Has Ratified:

• MARPOL: Focuses on preventing ship-based pollution.
• Maritime Labour Convention (MLC): Protects seafarers' rights and ensures fair working conditions.
• Bunker Convention: Addresses liability for oil pollution damage.
• Wreck Removal Convention: Mandates safe removal of shipwrecks.
• Civil Liability Convention: Establishes liability for oil pollution incidents.

Significance of the Reforms:

• Modernized Framework: Aligns India’s maritime laws with global standards for enhanced competitiveness.
• Economic Growth: Encourages foreign investment and entry into the shipping sector by removing regulatory barriers.
• Environmental Sustainability: Focus on combating marine pollution and ensuring sustainable shipping practices.
• Enhanced Safety and Security: Strengthens coastal security and ensures stringent safety regulations for vessels.
• Seafarers’ Welfare: Extends benefits and protections to Indian seafarers working globally, ensuring better working conditions.
• Maritime Education: Provides a robust regulatory framework to ensure high-quality, standardized maritime training.

In News:

Jasleen Kaur, a 38-year-old Indian-origin Scottish artist, has won the prestigious Turner Prize 2024 for her exhibition "Alter Altar". This win highlights Kaur’s unique ability to weave together personal, political, and spiritual elements into a cohesive artistic expression. The exhibition explores themes such as plurality, migration, and cultural identity, drawing from Kaur’s own family history and experiences.

Exhibition Overview:

"Alter Altar," which was first showcased in Glasgow, features an array of everyday objects and cultural symbols, including:

• A vintage red Ford Escort covered in a large crocheted doily, symbolizing her father’s migrant aspirations.
• Worship bells, Irn-Bru orange resin, an Axminster carpet, and family photographs.
• Soundtracks, including music from Nusrat Fateh Ali Khan and Bob Marley, which reflect Kaur’s multicultural upbringing.

The exhibition blends these elements to examine migration, identity, and belonging. The jury, chaired by Alex Farquharson, Director of Tate Britain, praised Kaur’s ability to combine different voices through unexpected and playful material combinations, creating a visual and aural experience that evokes both solidarity and joy.

Personal and Political Reflection:

Kaur’s work reflects on the Sikh concept of Miri Piri, which represents the balance between the political and the spiritual. This duality is central to her exploration of cultural practices and the effects of violence, colonialism, and empire on these traditions. In her acceptance speech, Kaur also addressed political issues, calling for a ceasefire in Gaza and an end to institutional complicity in Israel's actions.

About the Turner Prize:

The Turner Prize, established in 1984, is one of the most prestigious awards in contemporary British art. It aims to recognize recent developments in British art. Kaur’s win is particularly significant as it marks the 40th anniversary of the award. Previous winners include renowned Indian-origin artists such as Anish Kapoor (1991).

In News:

The James Webb Space Telescope (JWST), launched almost three years ago, has provided unprecedented insights into the early universe. Astronomers were surprised to find large, fully-developed galaxies when the universe was only 400-650 million years old, a timeframe previously thought to be too early for such structures.

The Challenge to the Standard Model:

• Cosmological Expectations: According to the standard model of cosmology, the first stars formed around 100-200 million years after the Big Bang, and galaxies began to form within the first billion years.
• Unexpected Findings: JWST observations seemed to show that galaxies were already large and well-formed much earlier than expected, raising questions about the timeline of galaxy formation.

New Study's Contribution:

• The Study: A study published in the Astrophysical Journal in August 2024, examined JWST data from the Cosmic Evolution Early Release Science (CEERS) Survey. They focused on galaxies from 650 to 1,500 million years after the Big Bang.
• Key Findings: One explanation for the unexpected size and number of early galaxies is that these galaxies formed stars much more efficiently than those in the modern universe. This could account for the larger-than-expected galaxies.

The Role of Black Holes:

• Impact of Black Holes: The study also explored the presence of black holes at the centers of early galaxies. These black holes, which emit significant light, were previously unaccounted for in the star mass estimations of galaxies. When the researchers removed the light from black holes (referred to as "little red dots"), they found that the galaxies were not as massive as initially thought.
• Correction to Previous Estimates: This adjustment in calculations helped align the data with the standard model of cosmology, sparing it from a major revision.

Implications for the Standard Model:

• Star Formation Efficiency: The study suggests that extreme conditions in the early universe, including abundant gas and less disruptive stellar events, could explain the higher efficiency of star formation.
• Cosmology's Stability: Despite earlier challenges to the standard model, the new findings support its predictions, showing that more efficient star formation and the role of black holes could explain the rapid growth of galaxies in the early universe.

Future Research Directions:

• Expanding Data Sets: The team plans to incorporate more data from JWST to study even earlier galaxies, which could help refine our understanding of galaxy formation in the early universe.
• Further Observations: As the team continues to explore galaxies from even earlier periods (around 400 million years after the Big Bang), they aim to strengthen their findings and provide further evidence to either support or challenge the current cosmological models.

In News:

A new study, "Female Moths Incorporate Plant Acoustic Emissions into Their Oviposition Decision-Making Process," published last month, explores how female moths use sounds emitted by plants to choose where to lay their eggs.

Key Highlights:

Significance of Plant Emitted Sounds:

• Background: Last year, it was discovered that plants emit ultrasonic clicks or pops when stressed (e.g., dehydration). These sounds, although inaudible to humans, can be detected by animals, including insects.
• Moths’ Sensitivity: Moths, particularly the Egyptian cotton leafworm, are shown to be sensitive to these plant sounds, which they use as cues for laying eggs on plants.

Methodology:

• Experimental Setup: Researchers placed a hydrated tomato plant in an experimental arena with another hydrated plant that emitted distress sounds. They observed the behavior of female Egyptian cotton leafworms to understand how these sounds influenced their oviposition choices.
• Initial Finding: Moths typically choose healthy, thriving plants to lay eggs, as they provide better food sources for the larvae.

Study Findings:

• Moths’ Response to Sounds: The moths preferred to lay eggs on the “silent” plant rather than the one emitting distress sounds. This indicates that moths can not only detect the presence of a plant but also interpret acoustic signals to inform their egg-laying decisions.
• Implications: This behavior suggests that moths use a complex set of sensory inputs, including plant-emitted sounds, to select the most suitable plant for offspring development.

Broader Ecological Context:

• Moths as Insects: Moths belong to the order Lepidoptera and are found in diverse environments globally, except polar regions. With around 160,000 species, they are highly adapted and often nocturnal, though some species are diurnal.
• Impact on Agriculture: Certain moth species, especially during their caterpillar stage, are major agricultural pests (e.g., corn borers, bollworms), making understanding their behavior crucial for pest management strategies.
• Climate Change Considerations: Moths, like other species, are impacted by climate change, which can alter the timing and growth of plants they depend on, potentially influencing their reproductive strategies.

Conclusion:

• Innovative Findings: The study reveals a previously unknown aspect of moth behavior, showing that they incorporate plant acoustic emissions into their oviposition decisions.
• Future Implications: This discovery opens avenues for further studies on how environmental signals, like sound, affect the behavior of insects, and how these behaviors could be impacted by changing environmental conditions.

In News:

• Governor Shaktikanta Das clarified that India is not pursuing "de-dollarisation," but rather aiming to diversify risk in trade. Measures like local currency trade agreements and Vostro accounts are intended to reduce reliance on the US dollar without eliminating it entirely.
• Objective: The goal is to de-risk India's trade, not to fully replace the dollar, especially amidst rising geopolitical tensions.

Key Highlights:

Vostro Accounts and Local Currency Trade:

• Vostro Accounts: These accounts, held by foreign banks in Indian rupees, facilitate transactions in local currencies, helping mitigate the risks of dollar dependency.
• International Currency Trade: By promoting trade in local currencies, the RBI seeks to reduce exposure to fluctuations in the dollar's value. However, these efforts have faced challenges due to India’s limited international presence in goods and services trade.

Gold Purchases by Central Banks:

• Surge in Gold Purchases: Global central banks, including the RBI, have significantly increased gold holdings. India added 27 tonnes in October 2024 alone, the largest increase among central banks.
• Motivations for Gold: The surge in gold buying reflects growing concerns about geopolitical risks, including the Ukraine war, and the potential for secondary sanctions. Gold is seen as a safe haven asset that diversifies reserves away from the US dollar.

Decline in Dollar Dominance:

• Global Shift: The share of the US dollar in global reserves has been gradually declining, partly due to the rise of the Chinese yuan. Central banks are increasingly turning to gold and alternative currencies as part of a diversification strategy.
• Impact on Emerging Markets: Countries like India are particularly motivated to reduce reliance on the dollar due to geopolitical tensions and economic vulnerabilities linked to the dollar’s dominance.

India’s Domestic Currency Trade Initiatives:

• Trade with Russia and UAE: India is actively exploring trade in domestic currencies with countries like Russia and the UAE to reduce dependence on the dollar. However, these efforts have faced slow uptake due to India’s trade deficit with most countries except the US.
• Challenges in Adoption: Despite efforts to internationalize the rupee, high transaction costs and lack of sufficient demand for rupee-based trade are significant barriers.

BRICS and Shared Currency Discussions:

• Geopolitical Complexity: BRICS nations, due to their geographical and economic diversity, have discussed the possibility of a shared currency, but no consensus has been reached.
• Reluctance Toward Yuan: India has resisted using the Chinese yuan for transactions, particularly for Russian oil imports, despite the yuan’s growing acceptance. This reflects India’s desire to maintain economic sovereignty and avoid over-reliance on a single currency.

Regional Implications of Dollar Volatility:

• Neighbourhood Impact: Countries like Sri Lanka, Bangladesh, Nepal, and Pakistan have experienced significant financial distress due to declining dollar reserves and surging oil prices, exacerbated by the Ukraine war.
• India’s Resilience: India’s strong dollar reserves have helped it maintain economic stability, but the country remains cautious of dollar volatility, particularly as oil prices rise.

Conclusion:

• Strategic Balance: India’s approach reflects a strategic balance of mitigating risks while ensuring global trade stability. The RBI’s emphasis on gold accumulation and pushing for rupee-based trade demonstrates a desire to reduce exposure to the dollar, but challenges like trade deficits and high transaction costs still hinder the full realization of these goals.
• Economic Sovereignty: Through these measures, India seeks to safeguard its economic sovereignty and financial stability in an increasingly unpredictable global economy.

In News:

To encourage domestic production of petroleum and other mineral oils, along with private investment in these sectors to reduce import dependence, the Rajya Sabha passed the Oilfields (Regulation and Development) Amendment Bill, 2024.

Key Details:

• Objective:
  • Encourage domestic petroleum production.
  • Reduce import dependence by promoting private investment in the oil sector.
• Key Amendments:
  • Delinking petroleum from mining:
    • The Bill separates petroleum and mineral oil production from mining activities.
    • The Oilfields (Regulation and Development) Act, 1948, is amended to focus on mineral oils, distinct from the Mines and Minerals (Development and Regulation) Act, 1957.
  • Expanded Definition of Mineral Oils:
    • Includes hydrocarbons in various forms (natural gas, crude oil, petroleum, coal bed methane, and shale gas/oil).
    • Excludes coal, lignite, and helium from the definition (falling under the Mines and Minerals Act).
  • Petroleum Lease:
    • Replaces the term "mining lease" with "petroleum lease."
    • Covers activities such as exploration, development, production, and transportation of mineral oils.
  • Private Investment:
    • Provisions to attract private investment by clarifying rules for petroleum leases.
    • Current mining leases remain valid without altering terms to the lessee's disadvantage.
  • Decriminalization and Penalties:
    • Replaces criminal punishment with financial penalties.
    • Fines can go up to Rs. 25 Lakh, with additional penalties for ongoing violations.
  • Rule-making Power of Central Government:
    • Expands the Centre's authority over petroleum lease regulations, conservation, royalties, mergers, facility sharing, environmental protection, and dispute resolution.
• Significance of the Bill:
  • Energy Access and Security: Ensures energy security by boosting domestic production.
  • Attracting Investment: Creates a conducive environment for private sector investment.
  • Environmental Safeguards: Provisions to control carbon emissions and promote renewable energy in oilfields.
• Opposition Criticism:
  • State Rights on Mining: Concerns raised by opposition parties, particularly the DMK, about the reduction of state control over resource taxation (taxing mineral rights).
  • Impact on Federal Balance: States traditionally manage mining rights under the Constitution’s State List (Entry 50). The Bill may shift control to the Union List (Entry 53), creating constitutional concerns.
  • Environmental Concerns:
    • Opposition figures like P.P. Suneer (CPI) argue for prioritizing public companies like ONGC, fearing privatization may worsen environmental governance.
• Adjudication of Disputes:
  • Appeals against penalty decisions will be handled by the Appellate Tribunal, as per the Petroleum and Natural Gas Regulatory Board Act, 2006.
• Broader Significance:
  • Energy Independence: Reduces reliance on fuel imports, fostering energy security and economic stability.
  • Regulation: Strengthens the enforcement mechanism for petroleum operations while encouraging private participation.

Petroleum and Natural Gas Regulatory Board (PNGRB):

• Formation: Established under the Petroleum and Natural Gas Regulatory Board Act, 2006.
• Functions: Regulates refining, transportation, distribution, storage, marketing, and sale of petroleum products and natural gas.
• Role in the Bill: Ensures competitive markets for gas and handles appeals regarding regulatory decisions.

In News:

Recently, a Markhor, a rare wild goat with spiral-shaped horns, was spotted in Noorkha village of Boniyar in Baramulla district, North Kashmir.The animal was seen near a waterfall in Noorkha, prompting locals to alert the authorities.

Key Highlights:

• The Markhor (Capra falconeri) is a large, wild goat species native to mountainous regions in Central and South Asia, including countries such as Pakistan, Afghanistan, India, and others.
• The species is considered endangered and is listed under Schedule I of the Wildlife Protection Act, 1972.
• The Markhor population in India is concentrated in areas like Shopian, Banihal Pass, Shamsbari, and Kazinag in Jammu and Kashmir.An estimated 300 Markhors live in Kashmir's dense pine and birch forests.
• Threats and Conservation Status:
  • The Markhor faces threats due to human activities and natural factors, leading to a decline in its population.
  • It is classified as 'Near Threatened' on the IUCN Red List and protected under the Indian Wildlife Protection Act and the Jammu and Kashmir Wildlife Protection Act.
  • Significance of the Sighting:The sighting of the Markhor has excited both villagers and wildlife enthusiasts, as these animals are not typically found outside their natural habitats, particularly near human settlements.

In News:

Comedian Munawar Faruqui recently opened up about a tough time in his life when his young son was diagnosed with Kawasaki disease.

What is Kawasaki Disease?

• Kawasaki disease is a rare condition that primarily affects children under the age of five.
• It causes inflammation in the blood vessels, including those that supply blood to the heart.
• With early treatment, most children recover without long-term health issues.

Possible Causes:

• The exact cause of Kawasaki disease is not well understood.
• Experts believe it may be triggered by a combination of genetic and environmental factors, including certain infections.

Symptoms: Kawasaki disease symptoms typically appear in two phases and may last for several weeks. Common symptoms include:

• High fever lasting more than five days.
• Red eyes without discharge.
• A rash on the body, particularly in the chest and groin area.
• Swollen hands and feet, sometimes accompanied by redness.
• Red, cracked lips and a swollen, red tongue.
• Swollen lymph nodes, particularly on one side of the neck.

Detection & Treatment:

• There’s no test that can directly detect Kawasaki disease. But healthcare providers can do tests that support a diagnosis of Kawasaki disease or rule out other possible illnesses.
• Treatment for Kawasaki disease includes:Immune globulin (IVIG), or human blood proteins you receive by IV. About 10% of children may not respond to the first dose of IVIG and will need a second dose or other medications.

In News:

• The Coimbatore District Collector, granted community and individual forest rights under the Forest Rights Act, 2006, to tribal settlements in the Anamalai Tiger Reserve (ATR) on December 6, 2024.These rights were handed over to three tribal settlements and 14 families at a function in Coimbatore.

Key Highlights:

• Community Forest Rights:
  • Three tribal settlements in ATR—Nagaroothu I, Nagaroothu II, and Chinnarpathi—were granted community rights.
  • These rights allow the settlements to collect forest produce excluding timber, such as mango, amla, honey, tamarind, and grass for making brooms.

• Individual Forest Rights:
  • Individual rights were granted to 14 families from the Old Sarkarpathy tribal settlement.
  • The families had requested these rights for traditional cultivation practices passed down by their ancestors.
  • The individual rights were approved after the recommendation of a sub-divisional committee and scrutiny by a district-level committee.

• About the Forest Rights Act (FRA), 2006:
  • Purpose: The FRA was enacted to address historical injustices faced by forest-dwelling communities and ensure their livelihood and food security.
  • Key Provisions:
    • Individual Rights: Self-cultivation, habitation, and in-situ rehabilitation.
    • Community Rights: Access to grazing, fishing, water bodies in forests, and protection of traditional knowledge and customary rights.
  • Eligibility: Rights can be claimed by any community or individual who has lived in the forest for at least three generations (75 years) before December 13, 2005.
  • Critical Wildlife Habitats: The Act mandates that critical wildlife habitats in national parks and sanctuaries remain inviolate for wildlife conservation.

• Authorities Involved in Vesting Forest Rights:
  • Gram Sabha: Initiates the process for determining the nature and extent of rights.
  • Sub-Divisional Level Committee: Examines resolutions passed by the Gram Sabha.
  • District Level Committee: Grants final approval for forest rights.

• Challenges with Forest Rights Implementation:
  • The Xaxa Committee pointed out several challenges in the implementation of the FRA, such as:
    • Arbitrary rejection of claims.
    • Lack of deadlines for claims processing.
    • Unaddressed rights of communities displaced by development projects.

• About Anamalai Tiger Reserve:
  • Located in the Anamalai Hills of Pollachi and Coimbatore District, Tamil Nadu, at an altitude of 1,400 meters.
  • Established as a tiger reserve in 2007, it is surrounded by multiple protected areas like the Parambikulam Tiger Reserve, Chinnar Wildlife Sanctuary, and Eravikulam National Park.

• Biodiversity in Anamalai Tiger Reserve:
  • Habitats: The reserve contains wet evergreen forests, semi-evergreen forests, moist deciduous forests, dry deciduous forests, and unique habitats like montane grasslands and marshy grasslands.
  • Flora: The reserve is home to around 2,500 species of angiosperms, including species like balsam, orchids, and wild relatives of cultivated crops such as mango, jackfruit, cardamom, and pepper.
  • Fauna: It supports various wildlife species, including tigers, Asiatic elephants, sambars, spotted deer, leopards, jackals, and jungle cats.

In News:

Preserving India’s sacred groves can help country achieve its conservation & climate goals.

Sacred Groves in India:

• Sacred groves are forest patches that are culturally and spiritually important for various communities.
• They are known by different names across India: sarnas in Jharkhand, devgudis in Chhattisgarh, and orans in Rajasthan.
• Groves vary in size from small clusters of trees to expansive forests covering several acres.

Threats to Sacred Groves:

• Sacred groves are increasingly under threat due to deforestation, mining, and development activities.
• Many sacred groves are being displaced or degraded, putting biodiversity and cultural practices at risk.

Ecological and Cultural Importance:

• Sacred groves are rich in biodiversity and serve as important carbon sinks, contributing to climate change mitigation.
• They have been maintained by indigenous communities for centuries, creating a deep connection between people and nature.
• Sacred groves also play a crucial role in preserving indigenous spiritual practices and cultural heritage.

Contribution to Climate and Conservation Goals:

• India’s climate commitment of achieving net-zero emissions by 2070 requires the protection of forests, including sacred groves.
• Sacred groves, when properly managed, can help in carbon sequestration and climate change mitigation.
• Preserving these groves can support forest conservation and foster coexistence with wildlife, ensuring a balance between development and environmental preservation.

Role of Indigenous Communities:

• Indigenous communities have long used sacred groves to regulate the use of forest resources and ensure environmental sustainability.
• Before modern ecological concepts, sacred groves were seen as natural conservation practices guided by spiritual beliefs.
• This traditional wisdom can be leveraged to enhance conservation efforts in India.

Examples of Successful Sacred Grove Conservation:

• Waghoba Grove in Maharashtra:
  • Located in Chinchwadi village, the Taata chi Vanrai grove is dedicated to Waghoba, the tiger deity, and covers eight acres.
  • Local communities, including the Thakars, have successfully resisted illegal timber extraction and helped conserve the grove, witnessing the return of wildlife like leopards.
  • Worship of Waghoba has played a significant role in preserving forest patches and fostering human-animal coexistence.
• Tadoba-Andhari Tiger Reserve:
  • Sacred groves around the Tadoba Reserve, dedicated to Waghoba, are important in reducing human-wildlife conflicts by promoting spiritual ties with the forest.

Government and Community Efforts:

• The Jharkhand government introduced the concept of gherabandi (boundary walls) in 2019 to conserve sacred groves.
• In Chhattisgarh, the renovation of sacred groves has been undertaken to protect and restore these areas.
• Despite these efforts, challenges remain in involving local communities and integrating sacred groves into broader conservation policies.

The Role of OECMs in Sacred Grove Conservation:

• Sacred groves are considered part of Other Effective Area-Based Conservation Measures (OECMs), which are areas conserved for biodiversity outside protected regions.
• OECMs recognize the cultural, spiritual, and socio-economic value of these areas and promote sustainable conservation practices that benefit both biodiversity and local communities.
• Sacred groves play an essential role in achieving long-term biodiversity conservation and ecosystem services.

In News:

Wisdom, the world’s oldest known wild bird, a Laysan albatross, has laid her estimated 60th egg at the age of 74. This remarkable event occurred at the Midway Atoll National Wildlife Refuge in the Pacific Ocean, part of the Hawaiian Archipelago.

Background on Wisdom and Laysan Albatrosses

Wisdom, first banded as an adult in 1956, has been a part of the albatross population in the Pacific for decades. Laysan albatrosses are known for their strong migratory habits and lifelong pair bonding.

The Life Cycle of the Laysan Albatross

The egg incubation process for Laysan albatrosses is shared between both parents and lasts around seven months. Once the chick hatches, it takes five to six months to develop before it is ready to take its first flight over the ocean. These seabirds, which predominantly feed on squid and fish eggs, spend the majority of their lives soaring across the open seas.

Wisdom’s longevity and success in raising up to 30 chicks over her lifetime have been notable achievements. While Laysan albatrosses typically live up to 68 years, Wisdom’s age surpasses this average by several years.

About the Laysan Albatross

The Laysan albatross (Phoebastriaimmutabilis) is a large seabird found across the North Pacific. The Northwestern Hawaiian Islands host nearly the entire population of Laysan albatrosses, with most breeding pairs found on islands like Laysan and Midway Atoll. These birds are known for their long-distance soaring capabilities, with some covering hundreds of miles a day without flapping their wings.

Laysan albatrosses have blackish-brown upper wings and backs, with flashes of white in their primary feathers. They are monogamous, forming lifelong bonds with a single mate. Despite their impressive flying ability and vast range, their population is currently listed as "Near Threatened" by the International Union for Conservation of Nature (IUCN).

In News:

Prime Minister’s Development Initiative for North East Region (PM-DevINE) was announced as a new Central Sector scheme, with 100% Central funding in the Union Budget 2022-23 with initial outlay of Rs.1500 crore.

PM-DevINE Scheme:

• Launched in 2022 as a Central Sector scheme, with 100% Central funding.
• Initial outlay: Rs. 1500 crore in the Union Budget 2022-23.
• Total outlay: Rs. 6600 crore for the period from FY 2022-23 to FY 2025-2026, approved by the Union Cabinet on 12 October 2022.
• Objectives:
  • Fund infrastructure projects in the spirit of PM Gati Shakti.
  • Support social development projects tailored to the felt needs of the NER.
  • Enable livelihood opportunities for youth and women.
  • Address development gaps in various sectors.
• 35 projects worth Rs. 4857.11 crore have been sanctioned under the scheme up to 30 November 2024, including 7 projects from the Union Budget 2022-23.

Industrialization Initiatives:

• North East Industrial Development Scheme (NEIDS):
  • Launched on 1 April 2017, ended on 31 March 2022.
  • Aimed at promoting industrialization in the NER.
• UNNATI Scheme:
  • Launched on 9 March 2024 for enhancing regional infrastructure and promoting industrial growth.
  • Provides specific incentives to industries, including:
    • Capital Investment Incentive.
    • Capital Interest Subvention.
    • Manufacturing & Services Linked Incentive.

Budgetary Allocation for NER Development:

• Non-exempt Union Ministries/Departments are mandated to allocate at least 10% of their annual Gross Budgetary Allocation towards NER development.
• Between 2019-20 and 2023-24, these Ministries/Departments have incurred Rs. 3,53,412 crore towards the development of NER.

Role of State Governments and Central Support:The Government of India supplements state efforts with various schemes to promote industrialization and infrastructure development in the NER.

The PM-DevINE scheme, along with initiatives like UNNATI and the allocation of substantial funds by the central government, aims to accelerate the holistic development of NER. These efforts focus on infrastructure, social development, and industrialization, with specific emphasis on youth and women empowerment, ensuring long-term growth and prosperity for the region.

In News:

India had ‘limited success’ in capturing ‘China Plus One’ opportunity.

Limited Success in ‘China Plus One’ Strategy:

• India has had limited success in attracting multinational companies looking to diversify their supply chains under the ‘China Plus One’ strategy, aimed at reducing dependence on China.
• Vietnam, Thailand, Cambodia, and Malaysia have been more successful in benefiting from this shift due to factors like lower labor costs, simplified tax laws, and proactive Free Trade Agreements (FTAs).

Geopolitical Context - US-China Trade Conflict:

• The fresh US-China trade conflict involves tit-for-tat restrictions, with the US imposing export controls on Chinese high-tech goods and China retaliating by banning key materials.
• India's Position: As a "connecting economy" not directly aligned with the US or China, India stands to benefit from trade diversions arising from this conflict.

Opportunities for India Amid Trade Diversion:

• NITI Aayog CEO BVR Subrahmanyam highlighted opportunities arising from trade diversion, particularly due to US trade policies under President-elect Donald Trump, which could potentially create an economic boom for India.
• India has opportunities to capture a larger share of the global trade, especially in sectors where it currently holds a small market share (less than 1% of world trade in many areas).

Trade Policy Challenges:

• Steel Import Duty Proposal: NITI Aayog Vice Chairperson cautioned against imposing high duties on steel imports, arguing that it could reduce India’s competitiveness and lead to negative consequences for domestic industries reliant on steel.
• The global steel market has been affected by oversupply from China, with India’s iron and steel exports experiencing a sharp decline in Q1 FY25 due to weak domestic demand.

Impact of US Tariffs:

• A general 10% tariff on all imports by the US would not have a major negative impact on India.
• However, a 60% tariff on China could open significant opportunities for India, especially in sectors where it competes directly with China. There might be short-term shocks but long-term benefits.

Ongoing Trade Fragmentation:

• The report noted that trade fragmentation is driven by strict export controls on Chinese goods, implemented by the US to curb China’s growth, particularly in high-tech sectors.

Sectoral Competitiveness:

• While China remains India's key competitor across most export sectors, countries like Brazil, Indonesia, and South Africa generally lag behind India.
• Malaysia and Thailand outperform India in select sectors such as electrical machinery.

Challenges in the EU Market - Carbon Border Adjustment Mechanism (CBAM):

• Iron and steel industry facehigh exposure under the CBAM for EU exports, with tariffs potentially rising by 20-35% due to carbon emissions-related regulations.
• Indian firms could experience higher compliance costs due to the requirement for detailed emissions reporting, impacting competitiveness in the European market.

In News:

The Union Minister of Consumer Affairs, Food and Public Distribution and New & Renewable Energy, launched ‘Anna Chakra’, the Public Distribution System (PDS) Supply chain optimisation tool and SCAN (Subsidy Claim Application for NFSA) portal a significant step towards modernizing the Public Distribution System and subsidy claim mechanisms of the States.

Anna Chakra: PDS Supply Chain Optimization Tool

• Purpose: A tool developed to enhance the efficiency of PDS logistics across India, optimizing food grain transportation.
• Collaboration: Developed by the Department of Food and Public Distribution, in collaboration with the World Food Programme (WFP) and IIT-Delhi’s Foundation for Innovation and Technology Transfer (FITT).
• Functionality: Uses advanced algorithms to identify optimal transportation routes for food grains.
• Key Features:
  • Efficiency and Cost Savings: Achieves annual savings of Rs 250 crores by reducing fuel consumption, time, and logistics costs.
  • Environmental Impact: Reduces transportation-related emissions by cutting transportation distance by 15-50%, contributing to a smaller carbon footprint.
  • Wide Coverage: Impacts 30 states, 4.37 lakh Fair Price Shops (FPS), and 6,700 warehouses in the PDS supply chain.
  • Technology Integration: Linked with the Freight Operations Information System (FOIS) of Railways and PM Gati Shakti platform, enabling geo-location mapping of FPS and warehouses.

SCAN Portal: Subsidy Claim Application for NFSA

• Objective: To streamline the subsidy claim process under the National Food Security Act (NFSA) 2013, ensuring better utilization of funds.
• Functionality: Provides a unified platform for states to submit food subsidy claims, reducing administrative complexity and delays.
• Key Features:
  • Single Window Submission: Simplifies subsidy claim submission for states, enhancing coordination.
  • Automated Workflow: End-to-end automation ensures efficiency, transparency, and faster settlements.
  • Rule-Based Processing: Claims are scrutinized and approved through a rule-based system, speeding up the approval process.

Public Distribution System (PDS) Overview

• Purpose: Ensures food security by providing subsidized food grains to vulnerable populations under the NFSA, benefitting nearly 80 crore people.
• Management: A joint effort between the Central and State/UT Governments. The Food Corporation of India (FCI) handles procurement and transportation, while state governments manage local distribution.
• Commodities: Primarily wheat, rice, sugar, and kerosene, with some states also distributing pulses and edible oils.

Initiatives to Reform PDS in India

• One Nation One Ration Card (ONORC):
  • Goal: To allow portability of ration cards, benefiting migrant workers and seasonal laborers.
  • Features: Biometric authentication, digital payments, and enhanced inclusivity.
• SMART-PDS Scheme (2023-2026):
  • Objective: To upgrade technology in PDS, including computerized FPS, point-of-sale (POS) machines, and GPS tracking for transparency and fraud reduction.
• Aadhaar and Direct Benefit Transfer (DBT):
  • Purpose: Ensures proper beneficiary identification and cash transfers, allowing beneficiaries to purchase grains from the open market.
• Technology and Transparency Enhancements:
  • GPS and SMS Monitoring: Ensures the proper delivery of food grains to FPS and provides citizens with updates via SMS.

In News:

Union Minister for Education, launched the PMeVIDYA DTH 24x7 Channel No. 31 dedicated to Indian Sign Language (ISL) on December 6, 2024, in New Delhi.

Channel Purpose and Vision:

• Objective: To bridge the communication gap between the hearing-impaired and hearing populations by promoting ISL.
• Significance: Channel 31 aims to unlock talent and ensure equal opportunities for all, making society more inclusive and progressive.
• ISL's Role: Pradhan emphasized the importance of alternative communication methods like ISL, which ensures that individuals with hearing impairments have equal access to education, employment, and societal participation.

Government's Focus on Inclusivity:

• Legal Framework: Pradhan highlighted the expansion of recognized disabilities from 7 to 21, making the legal framework more comprehensive.
• National Education Policy (NEP) 2020: The policy focuses on inclusive education, with particular attention to Children with Special Needs (CwSN). The NEP promotes the standardization of ISL and its inclusion in educational curricula.
• Employment and Cultural Expression: ISL is not only essential for communication but also contributes to cultural expressions like dance and drama. Pradhan emphasized that learning ISL would open employment opportunities and allow individuals to express themselves fully.

Importance of Channel 31:

• The launch of Channel 31 aligns with India’s commitment to ensuring equal rights and access to education, as enshrined in the Constitution.
• Pradhan urged for widespread adoption of ISL, ensuring that more people learn the language to better support the hearing-impaired community.

PM e-Vidya Initiative:

• Launch Date: PM e-Vidya was launched as part of the Atmanirbhar Bharat Abhiyaan on May 17, 2020, to bridge the digital divide and ensure inclusive education.
• Key Components:
  • DIKSHA: A national platform providing e-content for all grades.
  • DTH TV Channels: Initially started with 12 channels, now expanded to 200, offering supplementary education in multiple languages.
  • SWAYAM: A platform for online courses and MOOCs for both school and higher education.
  • Community Radio & Podcasts: These platforms are used for wider educational outreach, especially in rural and remote areas.
  • e-Content for Teachers: Interactive videos and resources aimed at enhancing teacher education.

Channel Content:

• Channel 31 will provide 24x7 educational content for children with hearing impairments, teachers, and other stakeholders.
• The content will include school curricula, career guidance, skill training, mental health support, and promotion of ISL as a subject.
• The content will be available on YouTube, increasing its reach and accessibility.

In News:

The Reserve Bank of India (RBI) has recently made significant monetary policy decisions that could have a broad impact on the economy.

Key Highlights:

Cut in Cash Reserve Ratio (CRR)

• CRR Reduction: The RBI has reduced the CRR by 50 basis points (bps), from 4.5% to 4%.
• Impact on Banks: This move will free up ?1.16 lakh crore in liquidity, which banks can use to lend, boosting the credit flow in the economy.
• Objective: The CRR cut is aimed at easing the liquidity stress in the financial system, which has been tightening due to RBI's foreign exchange interventions.
• Bank Benefits: Banks will benefit as they don’t earn interest on the CRR, and the extra liquidity may help them reduce deposit rates. Additionally, it may encourage banks to pass on benefits to borrowers, particularly in terms of lending rates.

Repo Rate Kept Unchanged at 6.5%

• Decision: The MPC decided to keep the key policy rate, the Repo rate, unchanged at 6.5%, continuing its stance for the 11th consecutive meeting.
• Reasons for Keeping Repo Rate Steady:
  • Persistent inflation, particularly food prices, is a key concern. Despite strong growth in sectors like rural consumption, inflation remains high and continues to affect disposable income.
  • RBI Governor emphasized that durable price stability is essential for strong, sustained economic growth.

Impact on Borrowers

• Borrowing Costs: With the Repo rate unchanged, external benchmark lending rates (EBLR) linked to the Repo rate will not rise, providing relief to borrowers by keeping Equated Monthly Installments (EMIs) stable.
• Deposit Rates: However, the CRR cut may lead to a marginal reduction in deposit rates due to increased liquidity in the system.

Economic Growth Forecast Adjusted

• Reduced GDP Growth Estimate: The RBI has downgraded the GDP growth forecast for FY25 to 6.6%, down from the earlier estimate of 7.2%. This revision comes after the economy showed signs of slowdown in the second quarter of FY25.
• Growth Outlook: Despite the downgrade, the RBI remains cautiously optimistic about recovery driven by festive demand and rural consumption. Governor Das indicated that the slowdown had likely bottomed out and the economy is set to recover in the coming quarters.

Inflation Forecast Raised

• Inflation Outlook: The inflation estimate for FY25 has been revised upward to 4.8%, compared to the earlier forecast of 4.5%. This is largely due to rising food prices, which surged to a 14-month high of 6.21% in October.
• Inflationary Pressures: The MPC noted that inflation has remained above the RBI’s target of 4%, primarily driven by food inflation. As inflation impacts consumption, the RBI aims to balance growth support with inflation management.

Monetary Policy Stance

• Neutral Stance Retained: The RBI has maintained a ‘neutral’ stance, meaning it is neither tightening nor easing monetary policy drastically, focusing instead on bringing inflation closer to its target of 4%.
• Inflation Control: While the RBI is aware of the economic slowdown, it continues to prioritize inflation control to ensure price stability and support sustainable growth.

Global and Domestic Economic Context

• Global Factors: The RBI has also been cautious about global developments, including capital outflows and the impact of U.S. monetary policy on the Indian economy. A rate cut could have further weakened the rupee by narrowing the interest rate differential with the U.S.
• Domestic Concerns: Domestically, the economy faces challenges such as weak manufacturing growth and high inflation. The GDP growth in Q2 FY25 dropped to 5.4%, a seven-quarter low, highlighting concerns over demand and inflationary pressures.

In News:

In a significant move, the Indian Parliament passed the BharatiyaVayuyanVidheyak Bill, 2024 on December 5, 2024, bringing much-needed reforms to the aviation sector. The Bill, which replaces the Aircraft Act of 1934, aims to streamline aviation regulations and improve the ease of doing business in the industry.

Key Highlights of the BharatiyaVayuyanVidheyak Bill, 2024:

• Single-Window Clearance for Aviation Personnel: One of the major changes is the transfer of responsibility for the Radio Telephone Operator Restricted (RTR) certification from the Department of Telecom (DoT) to the Directorate General of Civil Aviation (DGCA). This move consolidates the certification process under a single authority, making it easier for aviation personnel like pilots, engineers, and flight dispatchers to obtain their licenses.
• Regulation of Aircraft Design: The Bill not only retains provisions for regulating aircraft manufacturing, maintenance, and repair, but also introduces new provisions to regulate aircraft design and the places where aircraft are designed.
• Enhanced Penalties for Violations: The Bill specifies severe penalties for violations, such as dangerous flying, carrying prohibited items (like arms or explosives), or littering near airports. Offenders may face imprisonment up to three years, fines up to ?1 crore, or both.
• Introduction of Second Appeal Mechanism: For the first time, the Bill introduces a second appeal process against decisions of regulatory bodies like the DGCA and BCAS, ensuring further scrutiny of decisions related to penalties.
• Improved Licensing Process: The shift of the RTR certification process from the DoT to DGCA aims to curb allegations of corruption associated with the previous system, where candidates often had to pay bribes to clear exams.

Organizational Setup and Authorities:

The Bill outlines the establishment of three key authorities under the Ministry of Civil Aviation:

• DGCA: Responsible for civil aviation safety, licensing, and ensuring compliance with international standards.
• BCAS: Ensures aviation security and develops relevant security measures.
• AAIB: Investigates aviation accidents and incidents.

The central government retains supervision over these bodies, with the power to modify or review their orders.

Criticisms and Concerns:

• Lack of Autonomy for DGCA: The DGCA, unlike independent regulators in other sectors (such as telecom or insurance), operates under direct government supervision. The lack of clear qualifications, selection process, and tenure for the DGCA Director General has raised concerns about the regulator's independence.
• Unilateral Appointment of Arbitrators: The Bill empowers the government to unilaterally appoint an arbitrator in certain cases, which has been criticized for potentially violating the right to equality under Article 14 of the Constitution. The Supreme Court has previously ruled that such unilateral appointments may be unconstitutional.
• Discretionary Criminal Penalties: The central government is granted the discretion to impose criminal penalties for rule violations, which some argue could undermine the principle of separation of powers, as it is the legislature's role to define criminal offenses and penalties.
• Exclusionary Hindi Title: Some critics argue that the Hindi title of the Bill may alienate non-Hindi-speaking populations, which make up a significant portion of India’s demographic.

In News:

The Hornbill Festival, a vibrant celebration of Nagaland's culture and tourism, is an annual event that takes place from December 1 to 10.

About the Hornbill Festival:

• Origin: First held in the year 2000.
• Purpose: The festival aims to foster inter-tribal communication, preserve the cultural heritage of Nagaland, and showcase the harmonious blending of traditional and modern elements.
• Significance: Referred to as the “festival of festivals,” it has become an essential part of the state’s cultural calendar.
• Organizers: It is organized by the Tourism and Art & Culture Departments of the Government of Nagaland.
• Location: The festival takes place annually at the Naga Heritage Village in Kisama, located about 12 kilometers from Kohima.
• Cultural Showcase: Over the years, it has evolved into a significant celebration that highlights the vibrant and diverse cultural traditions of the various tribes in Nagaland.
• Name Origin: The festival is named after the Hornbill bird, which holds cultural importance among the Naga tribes.
• Theme of the 2024 Hornbill Festival:The 2024 edition is themed “Cultural Connect,” celebrating the rich heritage and cultural diversity of Nagaland. The festival continues to merge modernity and tradition through a variety of activities, including Naga wrestling, traditional archery, food stalls, fashion shows, beauty contests, and musical performances. Additionally, the Archives Branch is presenting a special exhibition titled “Naga-Land & People in Archival Mirror” in partnership with the National Archives of India, offering a deeper look at the region's history and cultural practices.
• Recent Milestone:This year marks the 25th anniversary of the Hornbill Festival.

Festival Highlights:

• Annual Event: Held each year since its inception in 2000, it serves as a major cultural event for Nagaland.
• Symbolism: Named after the Hornbill bird, which represents boldness and grandeur in Naga folklore.
• Location: The festival is hosted at Kisama Heritage Village, a cultural center that preserves Naga traditions with 17 indigenous houses (Morungs) that represent each of the tribes.
• Cultural Diversity: Nagaland, known as the “Land of Festivals,” is home to 17 major tribes, each with its distinct festivals and cultural practices. The Hornbill Festival promotes inter-tribal interaction and celebrates the state’s rich heritage.
• National Significance: Reflecting India’s unity in diversity, the festival serves as a platform for different cultural practices to coexist, strengthening the nation’s collective identity.

In News:

India and Slovenia have announced a five-year scientific collaboration plan (2024-2029) to deepen ties in research and technology. The Programme of Cooperation (PoC) was finalized during a meeting between Dr. Jitendra Singh (Indian Minister for Science and Technology) and Dr. Igor Papi? (Slovenian Minister for Higher Education, Science, and Innovation) on December 5, 2024.

Key Highlights:

• Joint Research Focus: The collaboration will focus on hydrogen technologies, sustainable innovation, AI, renewable energy, and smart cities.
• Over 20 Successful Projects: More than 20 joint initiatives in sectors like health, AI, and energy have already been implemented.
• Future Areas of Collaboration: New research projects will be launched, further strengthening academic exchanges and scientific networks between the countries.
• Hydrogen Technologies: Both ministers emphasized hydrogen's role in global energy sustainability, marking it as a critical area for future research.
• Historical Partnership: This builds on a partnership dating back to a 1995 agreement, with initiatives like the Joint Working Group on Scientific and Technological Cooperation.

What is the Programme of Cooperation (PoC)?

• The Programme of Cooperation (PoC) is a formal agreement between two countries designed to enhance collaboration in specific sectors, such as science, technology, and innovation.
• In the case of India and Slovenia, the PoC for the period 2024–2029 aims to promote joint research efforts, academic exchanges, and partnerships in emerging fields like hydrogen technologies, sustainable innovation, and other transformative areas.
• The PoC serves as a structured framework for long-term cooperation, enabling both nations to develop networks among scientists and researchers while addressing global challenges through collaborative innovation.

In News:

The PM Surya Ghar: Muft Bijli Yojana, the world’s largest domestic rooftop solar initiative, is transforming India’s energy landscape with a bold vision to supply solar power to one crore households by March 2027.

Key Details:

Targeted Installations:

• 10 lakh installations by March 2025.
• 1 crore installations by March 2027.

Subsidy and Financing:

• Offers up to 40% subsidy for rooftop solar installations based on household electricity consumption.
• Collateral-free loans available for up to 3 kW solar systems at a 7% interest rate.

Key Benefits:

The PM Surya Ghar: Muft Bijli Yojana offers several significant benefits to participating households:

• Free Electricity for Households: The scheme provides households with free electricity through the installation of subsidized rooftop solar panels, significantly reducing their energy costs.
• Reduced Electricity Costs for the Government: By promoting the widespread use of solar power, the scheme is expected to save the government an estimated ?75,000 crore annually in electricity costs.
• Increased Use of Renewable Energy: The scheme encourages the adoption of renewable energy sources, contributing to a more sustainable and environmentally friendly energy mix in India.
• Reduced Carbon Emissions: The transition to solar energy under this scheme will help lower carbon emissions, supporting India's commitment to reducing its carbon footprint.

Eligibility Criteria:

1. The applicant must be an Indian citizen.

2. Must own a house with a roof that is suitable for installing solar panels.

3. The household must have a valid electricity connection.

4. The household must not have availed of any other subsidy for solar panels.

Impact

The   PM Surya Ghar: Muft Bijli Yojana is expected to have far-reaching outcomes, both for individual households and the nation as a whole:

• Household Savings and Income Generation: Households will benefit from significant savings on their electricity bills. Additionally, they will have the opportunity to earn extra income by selling surplus power generated by their rooftop solar systems to DISCOMs. For instance, a 3-kW system can generate over 300 units per month on average, providing a reliable source of energy and potential revenue.
• Expansion of Solar Capacity: The scheme is projected to add 30 GW of solar capacity through rooftop installations in the residential sector, significantly contributing to India's renewable energy goals.
• Environmental Benefits: Over the 25-year lifetime of these rooftop systems, it is estimated that the scheme will generate 1000 BUs of electricity while reducing CO2 emissions by 720 million tonnes, making a substantial positive impact on the environment.
• Job Creation: The scheme is also expected to create approximately 17 lakh direct jobs across various sectors, including manufacturing, logistics, supply chain, sales, installation, operations and maintenance (O&M), and other services, thereby boosting employment and economic growth in the country.

Model Solar Village

• Under the "Model Solar Village" component of the scheme, the focus is on establishing one Model Solar Village per district throughout India.
• This initiative aims to promote solar energy adoption and empower village communities to achieve energy self-reliance.
• An allocation of ?800 crore has been designated for this component, with ?1 crore provided to each selected Model Solar Village.
• To qualify as a candidate village, it must be a revenue village with a population of over 5,000 (or 2,000 in special category states). Villages are selected through a competitive process, evaluated on their overall distributed renewable energy (RE) capacity six months after being identified by the District Level Committee (DLC).
• The village in each district with the highest RE capacity will receive a central financial assistance grant of ?1 crore.
• The State/UT Renewable Energy Development Agency, under the supervision of the DLC, will oversee the implementation, ensuring these model villages successfully transition to solar energy and set a benchmark for others across the country.

In News:

The app was developed by the ICAR-Central Institute of Freshwater Aquaculture (ICAR-CIFA) with support from the Pradhan Mantri MatsyaSampada Yojana (PMMSY) under the Ministry of Fisheries, Animal Husbandry & Dairying, Government of India.

Key Highlights:

• Target Audience: The app caters to hobbyists, farmers, and professionals in the ornamental fish industry.
• Multilingual Support: The app offers content in eight Indian languages, making it accessible to a broad and diverse audience.
• Main Objectives:

• Provide information on popular ornamental fish species and their care.
• Promote local aquarium businesses through dynamic directories.
• Enhance knowledge of ornamental aquaculture techniques for fish farmers and shop owners.
• Serve as an educational tool for newcomers and professionals in the ornamental fish industry.

• Salient Features:
  • Multilingual Content: Ensures broader reach and user accessibility.
  • Comprehensive Fish Information: Offers detailed guidance on fish care, breeding, and maintenance.
  • Find Aquarium Shops Tool: A directory updated by shop owners, helping users find reliable local aquarium shops and promoting local businesses.
• Educational Modules:
  • Basics of Aquarium Care: Covers key aspects like aquarium types, filtration, lighting, feeding, and maintenance.
  • Ornamental Aquaculture: Focuses on breeding and rearing ornamental fish, particularly for farmers.

• Economic and Social Impact:
  • Promoting Local Businesses: The app encourages economic growth by increasing visibility for local aquarium shops and creating opportunities for business owners.
  • Authenticity and Reliability: Users can access verified information, reducing the reliance on unverified sources and promoting healthier aquariums.
  • Sustainability and Growth: The app’s features are designed to foster sustainability and growth in the ornamental fish trade by providing reliable information and empowering users.

Pradhan Mantri MatsyaSampada Yojana (PMMSY):

• Objective: Aimed at transforming the fisheries sector, improving fish production, productivity, quality, technology, infrastructure, and management, while strengthening the value chain and promoting the welfare of fishers.
• Launch: The scheme was launched in 2020 with an investment of Rs. 20,050 crores for a 5-year period (2020-21 to 2024-25).
• Focus Areas:
  • Inland fisheries and aquaculture.
  • Fisheries management and regulatory framework.
  • Infrastructure and post-harvest management.
  • Doubling fishers' and fish farmers' incomes.
• Components:
  • Central Sector Scheme (CS): Fully funded by the central government.
  • Centrally Sponsored Scheme (CSS): Partially funded by the central government and implemented by states.
• Sub-Schemes:
  • Pradhan Mantri MatsyaKisanSamridhiSah-Yojana (PM-MKSSY): Launched under PMMSY to formalize the fisheries sector and support micro and small enterprises with over Rs. 6,000 crore investment (FY 2023-24 to 2026-27).
  • Beneficiaries: Includes fishers, farmers, fish vendors, fisheries cooperatives, SC/STs, women, differently-abled persons, state and central entities, and private firms.

Fisheries Sector Contribution:

• Supports around 30 million people.
• India is the 3rd largest fish producer globally, with a fish production of 175.45 lakh tons in FY 2022-23.
• Contributes 1.09% to the Gross Value Added (GVA) of India and 6.72% to agricultural GVA.

Related Schemes:

• Fisheries and Aquaculture Infrastructure Development Fund (FIDF): Launched with a fund of Rs. 7,522.48 crore.
• Kisan Credit Card (KCC): Extended to fishers and farmers from FY 2018-19.
• Sustainable fisheries development.
• Doubling income and job creation in the sector.
• Boosting exports and agricultural GVA.
• Social and economic security for fishers.

In News:

NITI Aayog released its first quarterly report, Trade Watch Quarterly (TWQ), on December 4, 2024, focusing on India's trade developments during Q1 FY2024 (April-June).

Overview:

• Purpose: The publication aims to provide a comprehensive analysis of India’s trade performance, highlighting key trends, challenges, and opportunities.
• Target: To leverage insights for evidence-based policy interventions and foster informed decision-making, contributing to sustainable growth in India’s trade.

Trade Performance Highlights (Q1 FY24):

• Total Trade: $576 billion (5.45% YoY growth).
  • Merchandise Exports: Growth was restrained due to declines in iron & steel, and pearls.
  • Imports: Driven by high-value goods, including aircraft, spacecraft, mineral fuels, and vegetable oils.
  • Services Exports: Displayed a surplus, particularly in IT services.
• Growth in Services Exports: A positive trend, rising by 10.09% YoY, particularly in IT services and business solutions.

Key Challenges for India’s Trade:

• Limited Success in China-Plus-One Strategy:Countries like Vietnam, Thailand, Malaysia have gained more from this strategy, benefitting from cheaper labor, simplified tax laws, and lower tariffs.
• CBAM (Carbon Border Adjustment Mechanism):Starting in 2026, CBAM will impose carbon taxes on imports like cement, steel, and fertilizers. India’s iron and steel industry could face significant risks due to this.
• Declining Share in Labor-Intensive Sectors:India’s global market share in labor-intensive sectors (e.g., textiles, leather) has declined despite a strong workforce.
• Geopolitical Instability (West Asia):
  • Oil price hikes could increase India’s Current Account Deficit (CAD) and fuel inflation.
  • Declining agricultural exports to markets like Iran further add to the challenges.

Strategic Recommendations for Overcoming Challenges:

• Infrastructure Modernization:
  • Expansion of digital platforms like Trade Connect e-Platform to streamline processes and support exporters.
  • Strengthening logistics via the National Logistics Policy.
• Export Incentives:Continuation of schemes like RoDTEP (Remission of Duties and Taxes on Exported Products) to maintain export competitiveness.
• Technological Integration:Leveraging digital trade to tap into high-growth sectors and foster innovation in trade.
• Strengthening FTAs (Free Trade Agreements):Focus on negotiating strategic FTAs with global partners (e.g., the UK and the EU) to reduce trade barriers and enhance global market access.

Geopolitical and Environmental Risks:

• U.S.-China Trade Tensions:Offers opportunities for India to diversify its supply chains, but also poses challenges in terms of overdependence on certain countries.
• Impact of CBAM:Risk to carbon-intensive Indian exports like steel and aluminium, which will face tariffs starting in 2026.

Sectoral Performance:

• Growing Sectors:
  • IT Services: India’s market share of IT services reached 10.2%, continuing to be a strong contributor.
  • Pharmaceuticals, Electrical Machinery, and Mineral Fuels: Significant contributors to export growth.
• Declining Sectors:Labor-Intensive Goods: Declines in global market share for textiles, pearls, and leather.

Pathway to $2 Trillion Exports by 2030:

• India's Export Aspirations:To achieve the target of $2 trillion in exports by 2030, India must address structural inefficiencies, diversify exports, and reduce trade barriers.
• Vision 2047:Aligning with India’s broader vision to become a developed nation, the report stresses the importance of strengthening trade, technology, and infrastructure to realize these ambitions.
• Trade's Role in Economic Growth:
  • Trade is vital to India’s economic trajectory, contributing significantly to GDP growth.
  • Through evidence-based policymaking, infrastructure modernization, and strategic global partnerships, India can achieve sustained growth in trade, leading to the realization of a Viksit Bharat (Developed India) by 2047.

In News:

JNU scientists make big discovery that could change malaria, Covid-19 treatment.

Overview of the Discovery:

• Institution: Jawaharlal Nehru University (JNU), Special Centre for Molecular Medicine.
• Key Discovery: Identification of human protein Hsp70 as a critical factor in the spread of malaria and COVID-19.
• Research Collaboration: Involvement of Indian and Russian researchers.
• Outcome: Development of a small molecule inhibitor of Hsp70 that could act as a broad-spectrum treatment for multiple infections.

About Heat Shock Protein 70 (Hsp70):

• Definition: Hsp70 is a type of molecular chaperone protein.
• Function:
  • Helps other proteins fold into their proper shapes.
  • Prevents protein misfolding.
  • Regulates protein synthesis and protects proteins from stress.
  • Elevates during cellular stress to shield cells from damage.
• Role in Cellular Processes:
  • Prevents protein aggregation and assists in protein transport across membranes.
  • Plays a critical role in protein homeostasis and cell survival during stress conditions.

Hsp70's Role in Disease Spread:

• SARS-CoV-2 (COVID-19) Interaction:
  • Hsp70 interacts with the spike protein of SARS-CoV-2 and human ACE2 receptors.
  • Facilitates viral entry into human cells by stabilizing this interaction during fever (when Hsp70 levels rise).
• Malaria:Pathogens like malaria parasites rely on the host's machinery for survival, including Hsp70.

Research Findings and Implications:

• Published in: International Journal for Biological Macromolecules.
• Inhibition of Hsp70:
  • Targeting Hsp70 can disrupt viral replication.
  • In lab tests, Hsp70 inhibitor (PES-Cl) blocked SARS-CoV-2 replication at low doses.
• Potential for Broad-Spectrum Treatment:
  • Hsp70 could be a target for treating multiple infections, not limited to COVID-19 or malaria.
• Prevention of Drug Resistance:
  • Host-targeting antivirals are less prone to resistance as the virus cannot mutate the host protein (Hsp70).
  • This approach could be especially beneficial for combating rapidly evolving viruses like SARS-CoV-2 and its variants (e.g., Omicron).

Host-Targeting Approach vs. Traditional Drugs:

• Host-Targeting: Targets the host cell machinery (e.g., Hsp70) rather than the virus itself.
  • Reduces the likelihood of viral mutation-induced resistance.
• Traditional Drugs: Target the virus directly, which can lead to resistance, especially with rapidly mutating viruses.

Global Health and Pandemic Preparedness:

• Universal Tool for Infectious Diseases: The discovery could serve as a universal tool for managing infections during health emergencies.
• Collaboration and Importance: Highlights the significance of international collaboration in addressing global health challenges (e.g., Dr. Pramod Garg of AIIMS, Ph.D. scholar Prerna Joshi).
• Future Implications:Preparation for future pandemics, as the world must remain vigilant even post-COVID-19.

In News:

• US President-elect Donald Trump threatens BRICS countries (Brazil, Russia, India, China, South Africa) with 100% import tariffs if they create a new currency or support an alternative to the US dollar as the global reserve currency.
• Trump emphasizes that attempts to undermine the US dollar’s dominance will face economic retaliation, asserting the US economy won’t tolerate such moves.

Background

• Weaponization of the Dollar: The US has increasingly used its financial influence to impose sanctions (e.g., Russia, Iran) and cut off countries from systems like SWIFT (Society for Worldwide Interbank Financial Telecommunication).
• Concerns: Countries are concerned about their vulnerability to US monetary policies, which can have global impacts (e.g., rising US interest rates causing economic instability in other countries).

Efforts to Reduce Dependence on the US Dollar

• BRICS Countries’ Initiatives:
  • Russian President Putin criticizes the weaponization of the dollar.
  • Brazil's President Lula advocates for a new BRICS currency to increase payment options and reduce vulnerabilities.
• India's Steps:
  • The Reserve Bank of India (RBI) allows invoicing and payments in Indian rupees for international trade (since 2022), particularly with Russia.
  • Prime Minister Modi supports increasing financial integration and cross-border trade in local currencies within BRICS.
  • External Affairs Minister Jaishankar emphasizes the importance of mutual trade settlements in national currencies.
• China-Russia Trade: Over 90% of trade between Russia and China is settled in rubles and yuan due to their more balanced trade relations.

Internationalization of the Indian Rupee

• RBI's Role:
  • In July 2022, RBI allowed export/import settlements in rupees, starting with Russia in December 2022.
  • More than 19 countries, including the UK and UAE, have agreed to settle trade in rupees.
• Challenges:
  • The Indian rupee currently accounts for only 1.6% of global forex turnover.
  • India’s trade imbalance with Russia limits the effective use of rupee reserves.
  • Indian banks are cautious due to the risk of US sanctions.

Global Trends in Currency Diversification

• Multipolarity in Finance: Emerging economies like China, India, and Brazil are advocating for a more decentralized financial system, moving away from US dominance.
• Declining Dollar Share: The US dollar’s share of global reserves is gradually decreasing, with non-traditional currencies like the Chinese yuan gaining ground.

Risks of Moving Away from the US Dollar

• Chinese Dominance: Concerns about increasing Chinese economic influence, especially within BRICS, as China pushes for more use of the yuan in trade.
• Liquidity and Volatility Issues: Alternatives to the dollar may face challenges like lower liquidity and increased exchange rate volatility.
• Implementation Challenges: Countries, especially those with trade imbalances, find it difficult to adopt local currencies for international trade.

Potential Impact of 100% US Tariff on BRICS Imports

• Global Trade Dynamics: A blanket tariff would likely encourage deeper intra-BRICS trade and accelerate the move towards de-dollarization.
• Impact on the US: Higher import costs for American consumers and potential trade diversification to third countries could hurt the US economy without revitalizing domestic manufacturing.
• Retaliation: BRICS countries might retaliate with tariffs on US goods, escalating trade tensions.

India’s Strategic Approach

• Diplomatic Engagement: India should clarify to the US that diversifying trade mechanisms is not anti-American but seeks financial stability and multipolarity.
• Leadership Role in BRICS: India should support financial reforms within BRICS that align with its interests while maintaining strong ties with the US.
• Promotion of Digital Currency: India should accelerate its Central Bank Digital Currency (CBDC) and strengthen international platforms like UPI to enhance its global financial presence.

In News:

Recently released, World Bank’s "International Debt Report 2024" highlights a worsening debt crisis for developing nations, with 2023 marking the highest debt servicing levels in two decades, driven by rising interest rates and economic challenges.

Key Highlights:

Rising Debt Levels:

• Total external debt of low- and middle-income countries (LMICs) reached $8.8 trillion by the end of 2023, an 8% increase since 2020.
• For IDA-eligible countries (those receiving concessional loans from the World Bank), external debt rose by 18%, reaching $1.1 trillion.

Debt Servicing Costs:

• Developing nations paid a record $1.4 trillion in debt servicing costs (principal and interest) in 2023.
• Interest payments surged by 33%, totaling $406 billion, putting immense pressure on national budgets, especially in critical sectors like health, education, and environmental sustainability.

Interest Rate Increases:

• Interest rates on loans from official creditors doubled to 4% in 2023.
• Rates from private creditors rose to 6%, the highest in 15 years, exacerbating the financial burden on developing countries.