Questions and Answers
What recognition did Roshni Nadar Malhotra receive for her contributions?
Which state was awarded the Best Agriculture State Award 2024?
Who has taken on the presidency of the Financial Action Task Force for the term from July 2024 to June 2026?
What national honor was awarded to Prime Minister Narendra Modi by Russia's President?
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What role has Dr. Soumya Swaminathan been appointed to regarding the National Tuberculosis Elimination Programme?
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What key issue is addressed in the Ganga Waters Treaty signed in 1996 between India and Bangladesh?
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What percentage does Maharashtra contribute to the national GDP?
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Which challenges are being addressed by the negotiation for a new Ganga Waters Treaty?
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Who chaired the committee that awarded Maharashtra the Best Agriculture State Award?
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What is one of the focuses of Maharashtra's agricultural initiatives as recognized in the award?
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Study Notes
Global IndiaAI Summit
- Held on July 3rd-4th, 2023, at Bharat Mandapam, New Delhi, organized by the Ministry of Electronics and Information Technology (MeitY).
- Focused on collaboration and knowledge exchange among global AI stakeholders.
- India hosted the 6th Global Partnership on Artificial Intelligence (GPAI) Ministerial Council meeting in a hybrid mode.
- Featured 12 sessions with 2,000 attending AI experts and 10,000 virtual participants.
- Key areas of focus included Compute Capacity, Foundational Models, Datasets, Application Development, Future Skills, Startup Financing, and Safe AI.
IndiaAi Mission
- Announced by the Union Cabinet in March 2024 with a budget of Rs 10,371.92 crore (USD 1.25 billion).
- Aims to establish a comprehensive ecosystem for AI innovation through public-private partnerships.
- Targeting the setup of over 10,000 Graphics Processing Units (GPUs) for scalable AI computing.
Shanghai Cooperation Organisation (SCO)
- Belarus became the 10th permanent member of the SCO, joining countries like China, Russia, India, and others.
- India hosted the 23rd SCO-CHS summit virtually on July 4, 2023, where Iran joined as the 9th member.
- Kazakhstan assumed chairmanship in July 2023 and will host the 24th SCO-CHS Summit on July 3rd-4th, 2024.
Bharatiya Antariksh Hackathon
- Launched by ISRO Chairman Dr. Sreedhara Panicker Somanath as part of National Space Day celebrations.
- Features 12 problem statements focusing on geospatial domains and space science.
Defence Production
- India’s domestic defence production reached Rs 1.27 lakh crore in FY24, a 16.7% increase from FY23.
- Contributions: Public Sector Undertakings (PSUs) accounted for 79.2%, while the private sector contributed 20.8%.
Project PARI
- An initiative by the Ministry of Culture ahead of the 46th World Heritage Committee session.
- Aims to promote public art inspired by traditional heritage while integrating modern themes and sparking dialogue.
UNESCO World Heritage Sites
- India ranks 6th globally with 42 recognized sites, including 34 cultural, 7 natural, and 1 mixed site.
LIC and ICICI Innovations
- Life Insurance Corporation of India launched 'Jeevan Samarth', an agency transformation project for agent workforce.
- ICICI Lombard launched 'Elevate', an AI-powered health insurance product providing customized healthcare solutions.
EXIM Bank Collaboration with Guyana
- Signed a USD 2.50 million agreement for a solar power plant installation at Cheddi Jagan International Airport in Guyana.
Tata Nifty India Tourism Index Fund
- India's first tourism index fund monitoring the Nifty India Tourism Index with a maximum of 30 companies and 20% stock capping.
SEBI Directive
- Mandates a uniform charge structure for stock exchange members effective October 1.
- Aims to eliminate discrepancies in charges, which may increase brokerage fees impacting revenue.
Export Targets for FY30
- Meeting led by Minister Piyush Goyal focused on targeting exports of $100 billion in electronics and textiles.
- Significant growth expected in pharmaceuticals, chemicals, and agriculture exports.
Honors and Awards
- Roshni Nadar Malhotra received France’s Chevalier de la Légion d’Honneur for contributions to business and bilateral relations.
- Maharashtra awarded Best Agriculture State 2024 for innovative practices contributing to food security and environmental protection.
Global Leadership Changes
- Elisa de Anda Madrazo of Mexico began a two-year term as president of the Financial Action Task Force (FATF).
- Prime Minister Narendra Modi awarded Russia's Order of St. Andrew by President Vladimir Putin.
Appointments in Health Sector
- Dr. Soumya Swaminathan appointed Principal Adviser for the National Tuberculosis Elimination Programme at the Union Ministry of Health.
Ganga Waters Treaty
- Current treaty signed in 1996 requires renewal in 2026, focusing on equitable water sharing between India and Bangladesh.
- Plans for negotiation on new challenges like climate change and water flow issues.
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Description
Discover the highlights of the Global IndiaAI Summit held from July 3rd to 4th in New Delhi. Organized by the Ministry of Electronics and Information Technology, this event focused on fostering collaboration and sharing knowledge among global AI stakeholders, showcasing India's commitment to responsible AI development.
