Asian Development Bank (ADB)
- Establishment : Multilateral development bank founded on December 19, 1966.
- Mission : Foster economic growth and cooperation among countries in the Asia-Pacific Region.
- Functions :
● Provides loans, technical assistance, grants, and equity investments for social and economic development.
● Finances private sector projects and public-private partnerships.
● Utilizes co-financing operations from official, commercial, and export credit sources.
- Headquarters : Manila, Philippines.
- Membership : Started with 31 members in 1966, now has 68 members.
49 from Asia-Pacific region, 19 outside.
● Relies on member contributions, retained earnings, and loan repayments.
Source : The Hindu
- Establishment : Multilateral development bank founded on December 19, 1966.
- Mission : Foster economic growth and cooperation among countries in the Asia-Pacific Region.
- Functions :
● Provides loans, technical assistance, grants, and equity investments for social and economic development.
● Finances private sector projects and public-private partnerships.
● Utilizes co-financing operations from official, commercial, and export credit sources.
- Headquarters : Manila, Philippines.
- Membership : Started with 31 members in 1966, now has 68 members.
49 from Asia-Pacific region, 19 outside.
● Relies on member contributions, retained earnings, and loan repayments.
Source : The Hindu
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Exercise Tiger Triumph
- Nature : Bilateral tri-Service Humanitarian Assistance and Disaster Relief (HADR) Exercise.
- Participants : India and the United States.
- Objective :
● Develop interoperability for conducting HADR operations.
● Refine Standard Operating Procedures (SOPs) to enable rapid and smooth coordination between the forces of both countries.
- Indian Participants :
● Indian Navy Ships with integral helicopters and landing crafts embarked.
● Indian Navy aircraft.
● Indian Army personnel and vehicles.
● Indian Air Force aircraft and helicopters.
● Rapid Action Medical Team (RAMT).
- US Participants :
● US Navy Ships with embarked troops of the US Marine Corps and US Army.
Source : The Hindu
- Nature : Bilateral tri-Service Humanitarian Assistance and Disaster Relief (HADR) Exercise.
- Participants : India and the United States.
- Objective :
● Develop interoperability for conducting HADR operations.
● Refine Standard Operating Procedures (SOPs) to enable rapid and smooth coordination between the forces of both countries.
- Indian Participants :
● Indian Navy Ships with integral helicopters and landing crafts embarked.
● Indian Navy aircraft.
● Indian Army personnel and vehicles.
● Indian Air Force aircraft and helicopters.
● Rapid Action Medical Team (RAMT).
- US Participants :
● US Navy Ships with embarked troops of the US Marine Corps and US Army.
Source : The Hindu
NAMASTE (National Action for Mechanised Sanitation Ecosystem) Scheme
- Objective : Ensure safety and dignity of sanitation workers in urban India.
● Provide sustainable livelihoods for sanitation workers.
- Ministries Involved:
● Ministry of Social Justice & Empowerment (MoSJE)
● Ministry of Housing and Urban Affairs (MoHUA)
- Implementing Agency : National Safai Karamchari Financial Development Corporation (NSKFDC)
- Coverage : 500 cities, including AMRUT cities, from 2022-2026.
- Aims :
● Zero fatalities in sanitation work.
● Skilled sanitation workforce.
● Empowerment of sanitation workers through SHGs.
● Access to alternative livelihoods for Sewer and Septic tank sanitation workers (SSWs).
- Insurance covered under Ayushyaman Bharat- Pradhan Mantri Jan Arogya Yojana (AB-PMJAY).
Source : PIB
- Objective : Ensure safety and dignity of sanitation workers in urban India.
● Provide sustainable livelihoods for sanitation workers.
- Ministries Involved:
● Ministry of Social Justice & Empowerment (MoSJE)
● Ministry of Housing and Urban Affairs (MoHUA)
- Implementing Agency : National Safai Karamchari Financial Development Corporation (NSKFDC)
- Coverage : 500 cities, including AMRUT cities, from 2022-2026.
- Aims :
● Zero fatalities in sanitation work.
● Skilled sanitation workforce.
● Empowerment of sanitation workers through SHGs.
● Access to alternative livelihoods for Sewer and Septic tank sanitation workers (SSWs).
- Insurance covered under Ayushyaman Bharat- Pradhan Mantri Jan Arogya Yojana (AB-PMJAY).
Source : PIB
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📌Article 75(2)
- It states that ministers hold office at the President's pleasure.
-Ministers are appointed by the President based on the Prime Minister's advice.
-Every minister has individual responsibility.
-The Prime Minister can request the resignation of any minister at any time.
-If a minister refuses to resign, the Prime Minister can recommend their dismissal to the President.
-Losing the Prime Minister's confidence results in dismissal by the President.
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📌Article 75(2)
- It states that ministers hold office at the President's pleasure.
-Ministers are appointed by the President based on the Prime Minister's advice.
-Every minister has individual responsibility.
-The Prime Minister can request the resignation of any minister at any time.
-If a minister refuses to resign, the Prime Minister can recommend their dismissal to the President.
-Losing the Prime Minister's confidence results in dismissal by the President.
#Polity_in_NEWS
World Happiness Report 2024
- Partnership : Gallup, the Oxford Wellbeing Research Centre, the UN Sustainable Development Solutions Network, and the WHR’s Editorial Board.
● Global Focus on Happiness.
- Key Findings :
● Top Performers : Finland, followed by Denmark, Iceland, and Sweden.
● Israel secures a position in the top five rankings.
- United States' Decline : From the 16th to the 23rd position in this year's rankings.
- Least Happy Countries : Afghanistan preceded by Congo, Sierra Leone, Lesotho, and Lebanon.
- India : 126th
● China : Ranks 60th, while Nepal rank 93rd, Pakistan 108th, Myanmar 118th, Sri Lanka 128th, and Bangladesh 129th.
- Life Satisfaction in India:
● Older Indian women report lower life satisfaction compared to older men.
Source : The Hindu
- Partnership : Gallup, the Oxford Wellbeing Research Centre, the UN Sustainable Development Solutions Network, and the WHR’s Editorial Board.
● Global Focus on Happiness.
- Key Findings :
● Top Performers : Finland, followed by Denmark, Iceland, and Sweden.
● Israel secures a position in the top five rankings.
- United States' Decline : From the 16th to the 23rd position in this year's rankings.
- Least Happy Countries : Afghanistan preceded by Congo, Sierra Leone, Lesotho, and Lebanon.
- India : 126th
● China : Ranks 60th, while Nepal rank 93rd, Pakistan 108th, Myanmar 118th, Sri Lanka 128th, and Bangladesh 129th.
- Life Satisfaction in India:
● Older Indian women report lower life satisfaction compared to older men.
Source : The Hindu
Operation Indravati : evacuation mission to rescue its nationals from ..... ? ( Try Everyone )
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17%
Mozambique
25%
Sudan
40%
Haiti
18%
Yemen
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Pradhan Mantri Samajik Utthan evam Rozgar Adharit Jankalyan (PM-SURAJ) Portal
● Centralized portal for disadvantaged sections to apply for and monitor loan and credit schemes.
● Direct financial assistance to beneficiaries, eliminating intermediaries.
- Aim : Uplift marginalized segments of society.
- Implementing Agency : Ministry of Social Justice and Empowerment and its departments.
- Previous Efforts :
● Goal of Viksit Bharat by 2047 includes ensuring facilities like gas connection, bank accounts, and toilets for Dalits, backwards, deprived, and tribals.
● Government efforts to empower SC, ST, and OBC communities doubled assistance in the last decade.
- Measures :
● Reservation of 27% seats for OBCs in all-India quota of medical seats.
● National Overseas Scholarship for underprivileged students pursuing higher education abroad.
● Ambedkar Social Innovation and Incubation Mission
Source : PIB
● Centralized portal for disadvantaged sections to apply for and monitor loan and credit schemes.
● Direct financial assistance to beneficiaries, eliminating intermediaries.
- Aim : Uplift marginalized segments of society.
- Implementing Agency : Ministry of Social Justice and Empowerment and its departments.
- Previous Efforts :
● Goal of Viksit Bharat by 2047 includes ensuring facilities like gas connection, bank accounts, and toilets for Dalits, backwards, deprived, and tribals.
● Government efforts to empower SC, ST, and OBC communities doubled assistance in the last decade.
- Measures :
● Reservation of 27% seats for OBCs in all-India quota of medical seats.
● National Overseas Scholarship for underprivileged students pursuing higher education abroad.
● Ambedkar Social Innovation and Incubation Mission
Source : PIB
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International Energy Agency (IEA)
- Nature : Autonomous inter-governmental organization within the OECD framework.
- Mission : Collaborates with governments and industry to shape a secure and sustainable energy future globally.
- Establishment :
● Founded in 1974 to ensure oil supply security.
● Emerged in response to the 1973-1974 oil crisis, highlighting the vulnerability of industrialized countries to oil import dependency.
- Membership : 31 member countries and eleven association countries.
● Candidate countries must be OECD members.
- India's Membership : Joined as an Associate member in 2017.
- Key Reports :
● World Energy Outlook
● World Energy Balances
● Energy Technology Perspectives
● World Energy Statistics
● Net Zero by 2050.
Source : The Hindu
- Nature : Autonomous inter-governmental organization within the OECD framework.
- Mission : Collaborates with governments and industry to shape a secure and sustainable energy future globally.
- Establishment :
● Founded in 1974 to ensure oil supply security.
● Emerged in response to the 1973-1974 oil crisis, highlighting the vulnerability of industrialized countries to oil import dependency.
- Membership : 31 member countries and eleven association countries.
● Candidate countries must be OECD members.
- India's Membership : Joined as an Associate member in 2017.
- Key Reports :
● World Energy Outlook
● World Energy Balances
● Energy Technology Perspectives
● World Energy Statistics
● Net Zero by 2050.
Source : The Hindu