Strengthening Multilateral Development Banks: The Triple Agenda

GS Paper 2  Syllabus: Important International Institutions, agencies and fora – their Structure, Mandate   Source: CGDEV  Context: An Independent Expert Group (IEG) that was commissioned by the Indian G20 Presidency has released the ‘Strengthening Multilateral Development Banks: The Triple Agenda’ report.   What are Multilateral Development Banks (MDBs)? An MDB is an international financial …

Reforming WTO

GS Paper 2  Syllabus: Important International Institutions, agencies and fora – their Structure, Mandate   Source: IE  Context: The recently concluded G20 working group meeting on trade and investment focused on the important issue of WTO reform.   World Trade Organization (WTO): It is a member-driven, consensus-based intergovernmental organisation that regulates and facilitates international trade …

Global Fund for Recycling Lithium-ion Batteries

  Source: HBL Context: A policy brief for the G20 suggests establishing a global fund to invest in increasing recycling capacities for lithium-ion batteries used in electric vehicles (EVs).   Need: There is a rising demand for minerals like Lithium, Cobalt, Nickel, and Graphite. Existing battery waste materials have significant potential and can generate a …

Japan’s New Plan for a Free and Open Indo-Pacific (FOIP)

GS Paper 2   Syllabus: International Relations  Source: TH  Context: During his visit to India, the Japanese PM unveiled Japan’s New Plan for a FOIP and exchanged views about deepening the Japan-India Special Strategic and Global Partnership.   Japan’s New Plan for the FOIP: It lays stress on the need to uphold the rules-based order …

[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 15 March 2023

InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …

G20 meeting shows a deepening crisis in multilateralism

GS Paper 2 Syllabus: Bilateral, Regional and Global Groupings and Agreements involving India and/or affecting India’s interests   Source: IE  Context: The G-20 Foreign Ministers’ meeting in Delhi was unable to agree to a joint communique, over differences between Russia and the West on the war in Ukraine.   Issues that needed to be addressed  …

India wants energy transition on its own terms – without phasing out coal and with more grants

GS Paper 3  Syllabus: Infrastructure (Energy)   Source: TH  Context: India is unlikely to reach an agreement – ‘just energy transition partnership’ (JETP) – with richer nations this year.   Background: According to the IEA, India is the world’s third-largest power consumer. Last year, the country faced one of its worst power crises as a …

“Policy Perspective: Debating the road to policy consensus on crypto assets” under G20 India Presidency

GS Paper 3   Syllabus: Indian Economy and related issues  Source: PIB   Context: Digital technology is playing an important role in achieving India’s G20 Presidency goal (“Vasudhaiva Kutumbakam” or “One Earth, One Family, One Future”).   Background: The Indian Presidency’s priority is to make the digital financial system more efficient, secure, and stable. For …

[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 14 February 2023

InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …

[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 19 January 2023

InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions in your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …

[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 17 January 2023

InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions in your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …

[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 29 December 2022

  InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions in your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to …

Urban-20 (U20)

GS Paper 2   Source: PIB, Economic Times  Context: Under the G20, the presidency of India from December 01, 2022, to November 30, 2023, the Ministry of Housing and Urban Affairs is organizing the Urban 20 event.  About Urban 20: U20 is an important city diplomacy initiative, which reinforces the role of cities in taking …

As India takes G20 presidency, key takeaways from the summit in Bali

GS Paper 2 Syllabus: Bilateral, Regional and Global Groupings and Agreements involving India and/or affecting India’s interests   Source: IE  Direction: The article covers a brief about the G20 grouping, key takeaways from the Bali summit and the significance of the G20 presidency for India.    Context: The first post-pandemic meeting of the grouping – …

Data opportunity at the G20

GS paper 2 Syllabus: Bilateral, regional and global grouping involving India, G20 etc   Source: The Hindu Context: According to the Information Technology and Innovation Foundation (ITIF), data localisation laws have more than doubled from 2017 to 2021, indicating that countries (including G20 countries) seek and want increasing levels of regulatory control over data. Examples …

FATF:

GS Paper 2: Syllabus: Important International institutions, agencies and fora, their structure, mandate.   Context: Pakistan is hoping for some reprieve as the international watchdog Financial Action Task Force (FATF) will begin meetings in Berlin ahead of its plenary session.   Background: Pakistan was put on the grey list by the Paris-based FATF in June …

G20:

GS Paper 2: Topics Covered: Important International Institutions.   Context: US Treasury Secretary Janet Yellen and her counterparts from the mostly western bloc recently walked out of a G20 finance boffins session as Russian officials began to speak. This was a boycott — to protest Moscow’s war on Ukraine. However, these countries were not joined …

FATF:

GS Paper 2: Topics Covered: Indian and its neighbourhood. Important International institutions, agencies and fora, their structure, mandate.   Context: Pakistan’s efforts to investigate and prosecute leaders of UN-designated terror groups in order to counter terror financing will be assessed during the ongoing meetings of the Financial Action Task Force (FATF) in Paris. The multilateral …