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Top News Highlights- 2 December 2024

India Becomes 4th Largest Producer of Green Energy

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  • India overtook Germany to take the fourth slot as a renewable energy-producing nation with 180 GW of installed capacity.
  • Solar is the maximum source followed by wind, then biomass and small hydro.
  • Clean energy growth is supported through National Green Hydrogen Mission and International Solar Alliance.
  • Growth constraints include grid infrastructure and storage solutions, as well as funding for large projects.

Global Agreement on Pandemic Prevention at WHO Summit

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  • WHO member countries signed a treaty on pandemic prevention, preparedness, and response, with an emphasis on equitable vaccine distribution and early warning systems.
  • The treaty focuses on the strengthening of health systems in poor countries to counter future global health crises.
  • India’s role includes vaccine manufacturing through initiatives like COVAX and partnerships under GAVI.
  • The treaty emphasizes the need for global solidarity in addressing health emergencies.

Supreme Court Rules on Right to Marry Under Article 21

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  • The SC reiterates that the right to marry is an integral part of the right to life and personal liberty under Article 21 of the Constitution.
  • The judgment highlights that interfaith and intercaste marriages require protection from harassment by society.
  • The court urged the establishment of support systems such as counseling and safe houses for couples.
  • This judgment strengthens constitutional safeguards against discrimination in personal choices.

India Hosts BIMSTEC Energy Ministers’ Meeting

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  • The energy ministers discussed transnational energy grids, renewable energy cooperation, and infrastructure development.
  • BIMSTEC aims to integrate the energy markets of its nations through the proposed Bay of Bengal Energy Grid.
  • India is leading with renewable energy capabilities, offering capacity-building programs for member nations.
  • Energy ties are therefore strengthened in line with BIMSTEC’s aim towards regional economic and sustainable development.

India Approves Universal Basic Income Pilot in Ladakh

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  • Ladakh is to become the first place in the country to experiment with Universal Basic Income (UBI), distributing unconditional cash transfers to the citizenry.
  • The test is designed to evaluate effects on poverty reduction, employment, and access to healthcare.
  • Critics have expressed concerns over fiscal viability and potential for lower labor participation.
  • UBI fits into broader debates globally on welfare models that balance social equity and economic efficiency.

UNESCO Recognizes Kalbelia Dance as Intangible Cultural Heritage

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  • Kalbelia Dance, which is performed by Rajasthan’s Kalbelia tribe, showcases the community’s traditions and cultural identity.
  • Kalbelia Dance is famous for its energetic movements and snake-like gestures, symbolizing harmony between humans and nature.
  • Recognition promotes tourism and global appreciation of India’s diverse cultural heritage. The challenges are preserving the dance form amidst declining traditional patronage.

RBI Tightens Oversight on Digital Lending Apps

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  • The RBI has mandated strict norms for digital lending apps focusing on transparency, grievance redressal, and customer protection.
  • Guidelines prohibit recovery agents from using coercive practices and ensure data privacy for borrowers.
  • The move comes amid rising complaints of predatory lending practices and misuse of personal data.
  • Enhanced regulatory oversight aims to build trust in the growing fintech ecosystem.

Key Terms and Concepts

  • National Green Hydrogen Mission: India’s initiative to promote green hydrogen production and export to meet renewable energy targets.
  • COVAX : A global collaboration ensuring equitable vaccine access, supported by India’s vaccine manufacturing capabilities.
  • Universal Basic Income (UBI): A social welfare model offering fixed income to all citizens without conditions, aiming to reduce poverty.
  • BIMSTEC: Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation; a regional group for economic and security cooperation.
  • Intangible Cultural Heritage: Practices, traditions, and cultural expressions recognized by UNESCO as important to cultural heritage.