India’s Role in Indo-Pacific Economic Framework (IPEF)
India elected as Vice-Chair of IPEF’s Supply Chain Council, enhancing its influence in regional supply chain resilience.
Significance: Positions India as a key player in regional economic and security strategies, aligning with UPSC’s focus on international relations and economics.
Pillars Participated: India is actively involved in Supply Chain Resilience, Clean Economy, and Fair Economy.
WHO’s mRNA Vaccine Initiative
Launch of initiative to advance mRNA vaccine development against H5N1 avian influenza.
Key Detail: Supported by WHO’s mRNA Technology Transfer Programme, focusing on low- and middle-income countries.
Significance: Promotes vaccine equity and prepares for pandemics, relevant to global health governance topics in UPSC.
Technological Insight: Explanation of mRNA technology and its implications for future vaccine development.
Supreme Court’s Call for Legislative Impact Assessment (LIA)
Directive for a comprehensive audit of Maharashtra Slum Areas Act emphasizes the need for continuous legislative review.
Importance of LIA: Ensures laws are based on solid evidence and aligned with existing policies and international commitments.
Women Entrepreneurship Program by NSDC
Empowering 25 lakh women entrepreneurs with skills and resources.
Economic and Social Impact: Potential to create approximately 170 million jobs and increase GDP.
Bharatiya Vayuyan Vidheyak 2024
Overhaul of the 90-year-old Aircraft Act to modernize aviation regulation.
Key Provisions: Includes drones and unmanned aerial vehicles, highlighting regulatory adaptations to new technologies.
Private Sector Participation in Indian Space Sector
IN-SPACe’s role in promoting private investment in space activities.
Economic and Strategic Implications: Encourages innovation and complements ISRO’s efforts.
Nirbhaya Fund Allocation
₹7,212 crore allocated for women’s safety and security initiatives for FY 2023-24.
Programs Funded: One Stop Centres under Mission Shakti.
Import of Tur dal from Mozambique
Resumption post disruption, strengthening food security and international trade relations.
Geopolitical Context: Mozambique’s strategic importance is highlighted.
Key Terms and Concepts
IPEF: A strategic economic forum aimed at strengthening economic engagement among partner countries in the Indo-Pacific region.
Legislative Impact Assessment (LIA): A process to assess the impacts of legislation, ensuring they are based on sound evidence and analysis.
mRNA Technology: A method for developing vaccines that use messenger Ribonucleic Acid to instruct cells to produce a protein that prompts an immune response.
