{"id":9665,"date":"2023-09-05T17:08:10","date_gmt":"2023-09-05T17:08:10","guid":{"rendered":"https:\/\/edukemy.com\/blog\/?p=9665"},"modified":"2023-12-27T10:03:04","modified_gmt":"2023-12-27T10:03:04","slug":"edukemy-daily-current-affairs-01st-august-2023","status":"publish","type":"post","link":"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/","title":{"rendered":"Edukemy Daily Current Affairs &#8211; 01st August 2023"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/edukemy.com\/upsc\/gs-integrated-foundation-advanced-course-2024-august-batch-online\" target=\"_blank\" rel=\"noreferrer noopener\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1320\" height=\"416\" data-id=\"9541\" src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/7CYC3QdDOU9eLrrJq0D1DueKfA9RFEsr4I5t5djb.png\" alt=\"\" class=\"wp-image-9541\" srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/7CYC3QdDOU9eLrrJq0D1DueKfA9RFEsr4I5t5djb.png 1320w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/7CYC3QdDOU9eLrrJq0D1DueKfA9RFEsr4I5t5djb-1170x369.png 1170w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/7CYC3QdDOU9eLrrJq0D1DueKfA9RFEsr4I5t5djb-585x184.png 585w\" sizes=\"(max-width: 1320px) 100vw, 1320px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/edukemy.com\/books\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"1320\" height=\"416\" data-id=\"9542\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/L0DSjolptRXUxybz9hFq0TESMnSeCYa4N6uPyerj.png\" alt=\"\" class=\"wp-image-9542 lazyload\" data-srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/L0DSjolptRXUxybz9hFq0TESMnSeCYa4N6uPyerj.png 1320w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/L0DSjolptRXUxybz9hFq0TESMnSeCYa4N6uPyerj-1170x369.png 1170w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/L0DSjolptRXUxybz9hFq0TESMnSeCYa4N6uPyerj-585x184.png 585w\" data-sizes=\"(max-width: 1320px) 100vw, 1320px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1320px; --smush-placeholder-aspect-ratio: 1320\/416;\" \/><\/a><\/figure>\n<\/figure>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-2 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/edukemy.com\/upsc\/upsc-cse-geography-optional-integrated-course-test-series-2024-august-batch-online\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"1320\" height=\"416\" data-id=\"9539\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/kIeqD3sVupPhMpbkeneNVhOWnGarcNuFri0nJNxE.png\" alt=\"\" class=\"wp-image-9539 lazyload\" data-srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/kIeqD3sVupPhMpbkeneNVhOWnGarcNuFri0nJNxE.png 1320w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/kIeqD3sVupPhMpbkeneNVhOWnGarcNuFri0nJNxE-1170x369.png 1170w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/kIeqD3sVupPhMpbkeneNVhOWnGarcNuFri0nJNxE-585x184.png 585w\" data-sizes=\"(max-width: 1320px) 100vw, 1320px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1320px; --smush-placeholder-aspect-ratio: 1320\/416;\" \/><\/a><\/figure>\n<\/figure>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-69d530c35b8c0\" class=\"ez-toc-cssicon-toggle-label\"><p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d530c35b8c0\"  \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Resource_Efficiency_Circular_Economy_Industry_Coalition\" title=\"Resource Efficiency Circular Economy Industry Coalition&nbsp;\">Resource Efficiency Circular Economy Industry Coalition&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#About_Resource_Efficiency_Circular_Economy_Industry_Coalition_RECEIC\" title=\"About: Resource Efficiency Circular Economy Industry Coalition (RECEIC)&nbsp;\">About: Resource Efficiency Circular Economy Industry Coalition (RECEIC)&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Objective_of_RECEIC\" title=\"Objective of RECEIC&nbsp;\">Objective of RECEIC&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Significance_of_RECEIC\" title=\"Significance of RECEIC:&nbsp;\">Significance of RECEIC:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Challenges_for_circular_economy_in_India\" title=\"Challenges for circular economy in India:&nbsp;\">Challenges for circular economy in India:&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#The_State_of_Climate_in_Asia_2022\" title=\"The State of Climate in Asia 2022&nbsp;\">The State of Climate in Asia 2022&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Key_Highlights_of_the_Report\" title=\"Key Highlights of the Report:&nbsp;\">Key Highlights of the Report:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Floods_and_droughts_in_2022\" title=\"Floods and droughts in 2022:&nbsp;\">Floods and droughts in 2022:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#The_continent_of_extremes-_Asia\" title=\"The continent of extremes- Asia:&nbsp;\">The continent of extremes- Asia:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Way_Forward\" title=\"Way Forward:&nbsp;\">Way Forward:&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Gulf_Stream_and_AMOC\" title=\"Gulf Stream and AMOC&nbsp;\">Gulf Stream and AMOC&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Atlantic_Meridional_Overturning_Circulation_AMOC\" title=\"Atlantic Meridional Overturning Circulation (AMOC):&nbsp;\">Atlantic Meridional Overturning Circulation (AMOC):&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#The_Gulf_Stream\" title=\"The Gulf Stream:&nbsp;\">The Gulf Stream:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Possible_impacts_of_collapse\" title=\"Possible impacts of collapse:&nbsp;\">Possible impacts of collapse:&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Colombo_Security_Conclave_CSC_framework\" title=\"Colombo Security Conclave (CSC) framework&nbsp;\">Colombo Security Conclave (CSC) framework&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#About_Colombo_Security_Conclave\" title=\"About: Colombo Security Conclave&nbsp;\">About: Colombo Security Conclave&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#SemiconIndia_2023\" title=\"SemiconIndia 2023&nbsp;\">SemiconIndia 2023&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#About_SemiconIndia_2023\" title=\"About: SemiconIndia 2023&nbsp;\">About: SemiconIndia 2023&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Ministry_of_Earth_Sciences_Initiatives\" title=\"Ministry of Earth Sciences Initiatives&nbsp;\">Ministry of Earth Sciences Initiatives&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#About_the_initiatives_of_MoES\" title=\"About the initiatives of MoES:&nbsp;\">About the initiatives of MoES:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#IndOBIS\" title=\"IndOBIS&nbsp;&nbsp;\">IndOBIS&nbsp;&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Ancient_pathogens\" title=\"Ancient pathogens&nbsp;\">Ancient pathogens&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#About_the_study\" title=\"About the study:&nbsp;\">About the study:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#What_are_some_different_instances_of_the_revival_of_ancient_pathogens\" title=\"What are some different instances of the revival of ancient pathogens?&nbsp;\">What are some different instances of the revival of ancient pathogens?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Why_is_this_a_matter_of_grave_concern\" title=\"Why is this a matter of grave concern?&nbsp;\">Why is this a matter of grave concern?&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Parkachik_Glacier_in_Ladakh\" title=\"Parkachik Glacier in Ladakh&nbsp;\">Parkachik Glacier in Ladakh&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Zanskar_Ranges\" title=\"Zanskar Ranges&nbsp;\">Zanskar Ranges&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Self-Reliant_India_Fund_SRI_fund\" title=\"Self-Reliant India Fund (SRI fund)&nbsp;\">Self-Reliant India Fund (SRI fund)&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Other_initiatives_to_support_the_MSME_sector\" title=\"Other initiatives to support the MSME sector:&nbsp;&nbsp;\">Other initiatives to support the MSME sector:&nbsp;&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#RBIs_Digital_Payments_Index_RBI-DPI\" title=\"RBI\u2019s Digital Payments Index (RBI-DPI)&nbsp;\">RBI\u2019s Digital Payments Index (RBI-DPI)&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-31\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Digital_Payments_Index\" title=\"Digital Payments Index&nbsp;\">Digital Payments Index&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-32\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Lao_PDR_Laos\" title=\"Lao PDR (Laos)&nbsp;\">Lao PDR (Laos)&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-33\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Niger\" title=\"Niger&nbsp;\">Niger&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-34\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Papua_New_Guinea\" title=\"Papua New Guinea&nbsp;\">Papua New Guinea&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-35\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-36\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Q_What_are_daily_current_affairs\" title=\"Q: What are daily current affairs?\">Q: What are daily current affairs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-37\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Q_Why_is_it_important_to_stay_updated_with_daily_current_affairs\" title=\"Q: Why is it important to stay updated with daily current affairs?\">Q: Why is it important to stay updated with daily current affairs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-38\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Q_Where_can_I_access_daily_current_affairs_information\" title=\"Q: Where can I access daily current affairs information?\">Q: Where can I access daily current affairs information?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-39\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Q_How_can_I_effectively_incorporate_daily_current_affairs_into_my_routine\" title=\"Q: How can I effectively incorporate daily current affairs into my routine?\">Q: How can I effectively incorporate daily current affairs into my routine?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-40\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#Q_What_are_some_tips_for_critical_analysis_of_daily_current_affairs\" title=\"Q: What are some tips for critical analysis of daily current affairs?\">Q: What are some tips for critical analysis of daily current affairs?<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-41\" href=\"https:\/\/edukemy.com\/blog\/edukemy-daily-current-affairs-01st-august-2023\/#In_case_you_still_have_your_doubts_contact_us_on_9811333901\" title=\"In case you still have your doubts, contact us on 9811333901.&nbsp;\">In case you still have your doubts, contact us on 9811333901.&nbsp;<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Resource_Efficiency_Circular_Economy_Industry_Coalition\"><\/span><strong>Resource Efficiency Circular Economy Industry Coalition<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tag:<\/strong> GS-3, Economics&nbsp;<\/p><\/blockquote>\n\n\n\n<p><strong>In News:<\/strong> Recently, the Resource Efficiency Circular Economy Industry Coalition (RECEIC) was inaugurated by the Union Minister of Environment, Forest, and Climate Change.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Resource_Efficiency_Circular_Economy_Industry_Coalition_RECEIC\"><\/span><strong>About: Resource Efficiency Circular Economy Industry Coalition (RECEIC)<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>A total of <strong>39 multinational corporations<\/strong> (MNCs) hailing from various sectors such as steel, FMCG (Fast-Moving Consumer Goods), and <strong>electronics united to form RECEIC.<\/strong>&nbsp;&nbsp;<\/li><li>Their collective commitment <strong>involves embracing resource efficiency<\/strong> and circular economy principles to tackle environmental issues arising from different types of waste, including plastics, microplastics, e-waste, and chemical waste.&nbsp;<\/li><li>RECEIC is <strong>conceptualized by India\u2019s<\/strong> G20 Presidency,\u202fit is envisaged to be industry-driven and a self-sustaining initiative continuing to function even beyond India\u2019s G20 Presidency.&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Objective_of_RECEIC\"><\/span><strong>Objective of RECEIC<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The coalition&#8217;s <strong>main objectives<\/strong> are to:&nbsp;<\/p>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>Promote and encourage collaboration between companies,&nbsp;&nbsp;<\/li><li>Develop advanced capabilities across various sectors and value chains,&nbsp;&nbsp;<\/li><li>Leverage the diverse global experiences of its members to drive progress,&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Encourage private sector action to enhance resource efficiency and accelerate the transition to a circular economy.&nbsp;<\/li><\/ul>\n\n\n\n<p><strong>To achieve these goals, the coalition is organized around three key pillars:<\/strong>&nbsp;<\/p>\n\n\n\n<ol class=\"has-normal-font-size wp-block-list\"><li><strong>Partnerships for Impact: <\/strong>The coalition aims to forge strategic partnerships between companies, fostering a collaborative approach towards achieving impactful and sustainable outcomes.&nbsp;<\/li><\/ol>\n\n\n\n<ol start=\"2\" class=\"has-normal-font-size wp-block-list\"><li><strong>Technology Cooperation: <\/strong>By promoting technology sharing and cooperation among its members, the coalition seeks to drive innovation and enhance capabilities across industries.&nbsp;<\/li><\/ol>\n\n\n\n<ol start=\"3\" class=\"has-normal-font-size wp-block-list\"><li><strong>Finance for Scale: <\/strong>The coalition recognizes the importance of financial support to scale up circular economy initiatives. Therefore, it aims to facilitate funding opportunities to accelerate the adoption of sustainable practices in the private sector.&nbsp;<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Significance_of_RECEIC\"><\/span><strong>Significance of RECEIC:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>The coalition will have a central role in promoting partnerships, facilitating technological cooperation, knowledge sharing, and fostering innovation. It will also play a key role in enhancing access to finance by enabling the exchange of insights and best practices.&nbsp;<\/li><li>The coalition&#8217;s efforts will significantly <strong>contribute to advancing global goals and priorities<\/strong> set by the G20 and other international forums.&nbsp;<\/li><li>RECEIC will empower industries to address information <strong>gaps and coordination challenges across all G20 members<\/strong>, promoting collaboration and collective action towards a more sustainable and efficient global economy.<strong>\u202f\u202f<\/strong>&nbsp;<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"602\" height=\"504\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/image.png\" alt=\"\" class=\"wp-image-9666 lazyload\" data-srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/image.png 602w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/image-585x490.png 585w\" data-sizes=\"(max-width: 602px) 100vw, 602px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 602px; --smush-placeholder-aspect-ratio: 602\/504;\" \/><\/figure><\/div>\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"602\" height=\"231\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/image-1.png\" alt=\"\" class=\"wp-image-9667 lazyload\" data-srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/image-1.png 602w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/image-1-585x224.png 585w\" data-sizes=\"(max-width: 602px) 100vw, 602px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 602px; --smush-placeholder-aspect-ratio: 602\/231;\" \/><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Challenges_for_circular_economy_in_India\"><\/span><strong>Challenges for circular economy in India:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>The circular economy model faces challenges in industries due to supply chain limitations and inadequate incentives to invest in recycling and remanufacturing processes.&nbsp;<\/li><li>In India, there is a lack of awareness among many people about the concept of a circular economy and its associated benefits.&nbsp;<\/li><li>India&#8217;s existing infrastructure may not be adequately prepared to support a circular economy, with issues such as limited recycling facilities and inefficient waste management systems.&nbsp;<\/li><li>Additionally, there is cultural resistance in India towards the idea of reusing and recycling products, which hinders the widespread adoption of circular practices.&nbsp;<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=1943413#:~:text=Union%20Minister%20Bhupender%20Yadav%20said,Ministers%20meeting%20in%20Chennai%20today.\" target=\"_blank\" rel=\"noreferrer noopener\">PIB<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_State_of_Climate_in_Asia_2022\"><\/span><strong>The State of Climate in Asia 2022<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags:<\/strong> GS \u2013 3: Environment (Climate Change)&nbsp;<\/p><\/blockquote>\n\n\n\n<p><strong>Why in News:<\/strong> Recently, the World Meteorological Organization (WMO) released the State of Climate in Asia 2022 Report. As per this report, Asia is the world\u2019s most disaster-prone region.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Highlights_of_the_Report\"><\/span><strong>Key Highlights of the Report:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>It was released during a meeting of the <strong>UN Economic and Social Commission for Asia and the Pacific\u2019s (ESCAP)<\/strong> Committee on Disaster Risk Reduction.&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>UN ESCAP (HQ: Bangkok; founded in 1947) is one of the five regional commissions under the jurisdiction of the United Nations Economic and Social Council.&nbsp;<\/li><li>In Asia, the <strong>number of disaster events has<\/strong> decreased in comparison to 2021 (100 disasters in 2021).&nbsp;<\/li><li>Over 50 million people were directly affected due to 81 weather, climate, and water-related disasters in Asia in 2022.&nbsp;<\/li><li>However, the effects of such events in 2022 were much more pronounced, with an increase in the number of fatalities, people affected, and economic damage.&nbsp;<\/li><li>5,879 Asians died due to natural disasters in 2022. This is almost 55 percent more than the human deaths recorded in 2021 across the region.&nbsp;<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"589\" height=\"176\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/image-2.png\" alt=\"\" class=\"wp-image-9670 lazyload\" data-srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/image-2.png 589w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/image-2-585x176.png 585w\" data-sizes=\"(max-width: 589px) 100vw, 589px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 589px; --smush-placeholder-aspect-ratio: 589\/176;\" \/><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Floods_and_droughts_in_2022\"><\/span><strong>Floods and droughts in 2022:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>The <strong>economic losses associated with floods in 2022 exceeded the average<\/strong> over the past 20 years (2002-2021).&nbsp;<\/li><li>This was primarily due to the significant economic losses from floods in Pakistan (over $15 billion), China (over $5 billion) and India (over $4.2 billion).&nbsp;<\/li><li>The <strong>economic losses associated with drought in 2022 ($7.6 billion),<\/strong> which mainly occurred in China, exceeded by nearly 200 percent, the 20-year average from 2002 to 2021 ($ 2.6 billion).&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>More than 25 percent of all loss and damage from climate-related disasters such as floods, droughts and tropical storms is associated with the agriculture sector.&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_continent_of_extremes-_Asia\"><\/span><strong>The continent of extremes- Asia:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>Asia, the continent with the <strong>largest land mass extending to the Arctic<\/strong>, is <strong>warming faster than the global average<\/strong>.&nbsp;<\/li><li>In 2022, the <strong>estimated mean temperature over Asia was 0.73\u00b0C<\/strong> [0.63-0.78] above the 1991-2020 average, making it either the second or third-warmest year on record, the report said.&nbsp;<\/li><li>The ocean surface in the region has been warming since 1982. In the north-western Arabian Sea, the Philippine Sea, and the seas east of Japan, the warming rates exceed 0.5\u00b0C per decade, roughly three times faster than the global average.&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>Over the past 40 years, <strong>four glaciers with long-term observations in the High Mountain Asia region experienced mass loss<\/strong>, with an accelerating trend in the 21st century.&nbsp;<\/li><li>From 2021-2022, Urumqi Glacier No. 1 in the eastern Tien Shan mountain range recorded its second-most negative mass balance (\u20111.25 m w.e.) since measurements began in 1959.&nbsp;<\/li><li>As the ocean warms and expands and glaciers, ice caps, and ice sheets melt, sea levels rise. From 2013-2022, the global average sea level rose at a rate of 4.6 mm per year.&nbsp;<\/li><li>The <strong>rates of sea level rise across most of Asia are higher than the global mean<\/strong> rate over 1993-2022 (3.4 \u00b1 0.3 mm per year).&nbsp;<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"602\" height=\"283\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/image-3.png\" alt=\"\" class=\"wp-image-9671 lazyload\" data-srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/image-3.png 602w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/image-3-585x275.png 585w\" data-sizes=\"(max-width: 602px) 100vw, 602px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 602px; --smush-placeholder-aspect-ratio: 602\/283;\" \/><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Way_Forward\"><\/span><strong>Way Forward:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li><strong>Early warnings are one of the most effective ways of reducing damage from disasters. However,<\/strong> there are still significant gaps to be addressed to strengthen these systems in order to reduce the adverse impacts of hydrometeorological hazards in the region.&nbsp;<\/li><li>The <strong>Agricultural sector is central to all climate adaptation planning<\/strong>.&nbsp;<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/www.downtoearth.org.in\/news\/climate-change\/extreme-continent-new-wmo-report-paints-alarming-picture-of-climate-emergency-in-asia-90882\" target=\"_blank\" rel=\"noreferrer noopener\">Down to Earth<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Gulf_Stream_and_AMOC\"><\/span><strong>Gulf Stream and AMOC<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags:<\/strong> GS \u2013 1: Physical Geography (Ocean Currents), GS \u2013 3: Environment &amp; Ecology (Climate Change)&nbsp;<\/p><\/blockquote>\n\n\n\n<p><strong>Why in News:<\/strong> Recently, research found that the Gulf Stream System, known as the Atlantic Meridional Overturning Circulation (AMOC), faces a critical threat of collapse due to unabated global carbon emissions.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Atlantic_Meridional_Overturning_Circulation_AMOC\"><\/span><strong>Atlantic Meridional Overturning Circulation (AMOC):<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>It is the Atlantic <strong>branch of the ocean conveyor belt<\/strong> or <strong>Thermo-Haline Circulation (THC)<\/strong> and distributes heat and nutrients throughout the world\u2019s ocean basins.&nbsp;<\/li><li>It drives the Atlantic\u2019s currents and plays a crucial role in determining Europe\u2019s weather.&nbsp;<\/li><li>It <strong>carries warm surface waters from the tropics towards the Northern Hemisphere<\/strong>, where it cools and sinks. It then <strong>returns to the tropics and then to the South Atlantic as a bottom current<\/strong>.&nbsp;<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"423\" height=\"271\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/image-4.png\" alt=\"\" class=\"wp-image-9672 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 423px; --smush-placeholder-aspect-ratio: 423\/271;\" \/><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Gulf_Stream\"><\/span><strong>The Gulf Stream:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>The Gulf Stream is a powerful ocean current in the North Atlantic Ocean.&nbsp;<\/li><li>It <strong>originates in the Gulf of Mexico<\/strong> and flows north-eastward along the eastern coast of the United States, then across the Atlantic towards Europe.&nbsp;<\/li><li>It plays a significant role in regulating the climate by transporting warm water and heat from the tropics to higher latitudes, influencing weather patterns and temperatures in coastal regions.&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Possible_impacts_of_collapse\"><\/span><strong>Possible impacts of collapse:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li><strong>Climate Regulation:<\/strong> It moderates the temperatures along the eastern coast of North America, keeping the coastal areas warmer in winter and cooler in summer compared to inland regions at the same latitudes.&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li><strong>Weather Patterns:<\/strong> The warm and moist air above the Gulf Stream can lead to the formation of low-pressure systems, which may develop into storms or hurricanes. It can also contribute to the formation of fog in certain areas.&nbsp;<\/li><li><strong>Maritime Navigation:<\/strong> It provides a fast and efficient route for ships traveling between North America and Europe, as it aids in faster travel times due to its speed.&nbsp;<\/li><li><strong>Ocean Circulation:<\/strong> The Gulf Stream is an essential part of AMOC and AMOC plays a vital role in redistributing heat around the Earth and regulating global climate patterns.&nbsp;<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/www.bbc.com\/news\/science-environment-66289494\" target=\"_blank\" rel=\"noreferrer noopener\">BBC<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Colombo_Security_Conclave_CSC_framework\"><\/span><strong>Colombo Security Conclave (CSC) framework<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: GS-II: International Relations<\/strong>&nbsp;<\/p><\/blockquote>\n\n\n\n<p><strong>In News:<\/strong> Government Releases Successful Conclusion<strong> of Joint Expedition<\/strong> of Scientists on Colombo Security Conclave&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Colombo_Security_Conclave\"><\/span><strong>About: Colombo Security Conclave<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li><strong>Indian National Centre for Ocean Information Services<\/strong> (INCOIS) of the Ministry of Earth Sciences has recently released an overview under the regional framework of the Colombo Security Conclave (CSC).&nbsp;<\/li><li>The CSC framework is a <strong>regional initiative<\/strong> aimed at <strong>addressing security<\/strong> and <strong>environmental challenges <\/strong>in the Indian Ocean region.&nbsp;<\/li><li>Participating countries in the CSC framework include <strong>India, Bangladesh, Mauritius,<\/strong> and potentially <strong>other Indian Ocean littoral states.<\/strong>&nbsp;<\/li><li><strong>Major highlights<\/strong>:&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>The framework will <strong>encourage collaboration <\/strong>and <strong>cooperation<\/strong> among countries <strong>bordering the Indian Ocean to enhance maritime security<\/strong> and <strong>address common threats.<\/strong>&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>It provides a platform for <strong>participating nations to share knowledge, expertise, and resources<\/strong> related to ocean observation, security, and environmental issues.&nbsp;<\/li><li><strong>It will focus on building capacity in ocean observation<\/strong> and services through <strong>joint research expeditions <\/strong>of ocean scientists.&nbsp;<\/li><li>It will <strong>predict and manage changes in the regional environment<\/strong> including monitoring climate patterns and extreme weather events.&nbsp;<\/li><li>The framework will facilitate the exchange of best practices and advanced technologies for ocean research, data collection, and modeling.&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>The CSC framework <strong>will help in understanding the oceanic and atmospheric states<\/strong> in the Arabian Sea during critical periods like the summer monsoon.&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>Fostering cooperation in the region will also help <strong>contribute to the sustainable management <\/strong>and<strong> conservation<\/strong> of the Indian Ocean&#8217;s marine resources.&nbsp;<\/li><li>Overall, the collaborative efforts under the CSC framework are expected to <strong>lead to better forecasting and services,<\/strong> benefiting all participating nations in the region.&nbsp;<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/pib.gov.in\/PressReleaseIframePage.aspx?PRID=1943498#:~:text=On%20completion%20of%20the%20maiden,India%20and%20near%2Dby%20landmass.\" target=\"_blank\" rel=\"noreferrer noopener\">PIB<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"SemiconIndia_2023\"><\/span><strong>SemiconIndia 2023<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: GS-II: Government Policies<\/strong>&nbsp;<\/p><\/blockquote>\n\n\n\n<p><strong>In News: <\/strong>Prime Minister of India inaugurates SemiconIndia 2023&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_SemiconIndia_2023\"><\/span><strong>About: SemiconIndia 2023<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>For a Global Good and a better world India recently welcomed semiconductor industry leaders <strong>at Mahatma Mandir in Gandhinagar, Gujarat.<\/strong>&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>SemiconIndia aims to <strong>catalyze India&#8217;s Semiconductor Ecosystem<\/strong> in order to <strong>make India a global hub<\/strong> for <strong>semiconductor design, manufacturing, and technology development.<\/strong>&nbsp;<\/li><li>It will<strong> <\/strong>serve as a platform for industry leaders to synchronize relationships and share knowledge.&nbsp;<\/li><li>It showcases India&#8217;s semiconductor strategy and policy and aligns it with <strong>geopolitics, domestic politics, and private sector capacities<\/strong> to boost semiconductor production in India.&nbsp;<\/li><li>It puts <strong>emphasis on collaborative partnerships <\/strong>for catalyzing growth in the semiconductor sector to <strong>boost India&#8217;s share <\/strong>in<strong> global electronic manufacturing<\/strong>.&nbsp;<\/li><li>India&#8217;s solar power installed capacity has increased over <strong>20 times in the last decade<\/strong>, with a target of <strong>500 GW of renewable energy capacity <\/strong>by the end of this decade.&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>Export of electronics and mobile devices doubled in the last 2 years making India a <strong>reliable supply chain partner<\/strong>.&nbsp;<\/li><li>More than 300 colleges have been identified <strong>to offer semiconductor courses<\/strong>, producing over one lakh design engineers in the next 5 years.&nbsp;<\/li><li>However, there is a <strong>need for Policy reforms to accelerate the growth<\/strong> of the semiconductor sector, including <strong>tax exemptions and incentives for new manufacturing industries.<\/strong>&nbsp;<\/li><li>Overall, India is poised to play a <strong>central role in the global semiconductor industry<\/strong> <strong>has potential as a player in semiconductor production <\/strong>in the coming decades.&nbsp;<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=1943570#:~:text=%E2%80%9CIndia%20understands%20its%20global%20responsibilities,comprehensive%20roadmap%20with%20friendly%20countries%E2%80%9D&amp;text=The%20Prime%20Minister%2C%20Shri%20Narendra,'Catalysing%20India's%20Semiconductor%20Ecosystem'.\" target=\"_blank\" rel=\"noreferrer noopener\">PIB<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Ministry_of_Earth_Sciences_Initiatives\"><\/span><strong>Ministry of Earth Sciences Initiatives<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tag<\/strong>: GS Paper-2: Government Policies and Interventions.&nbsp;<\/p><\/blockquote>\n\n\n\n<p><strong>In News: <\/strong>The <strong>Ministry of Earth Sciences (MoES) celebrated its 17th foundation day<\/strong> on 27th July and launched <strong>several citizen-centric initiatives<\/strong> to mark this occasion.&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_the_initiatives_of_MoES\"><\/span><strong>About the initiatives of MoES:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>New meteorological centers <\/strong>were launched at <strong>Imphal, Kohima, Aizawl, and Port Blair<\/strong>.&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"361\" height=\"361\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/rpa.png\" alt=\"\" class=\"wp-image-9678 lazyload\" data-srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/rpa.png 361w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/rpa-300x300.png 300w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/rpa-150x150.png 150w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/rpa-120x120.png 120w\" data-sizes=\"(max-width: 361px) 100vw, 361px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 361px; --smush-placeholder-aspect-ratio: 361\/361;\" \/><\/figure><\/div>\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>A new website for disseminating information was released, including alerts for block-level weather forecasts and advisories to benefit our agricultural community, including farmers, fisherfolk, and livestock rearers.&nbsp;&nbsp;<\/li><li>The information shall be disseminated in English, Hindi, and regional languages in the future.&nbsp;&nbsp;<\/li><li>The India Meteorological Department (IMD) will be collaborating with the Ministry of Panchayati Raj.&nbsp;<\/li><li>A <strong>Rainfall Atlas of India from 1971 to 2020 <\/strong>prepared by IMD was released.&nbsp;<\/li><li>A <strong>documentary on \u2018Cyclone Warning and Management in India: An End to End System\u2019 <\/strong>was released based on the case studies of the management of cyclones Tauktae (in 2021) and Mocha (in 2023).&nbsp;&nbsp;<\/li><li><strong>SAMUDRA (Smart Access to Marine Users for Data Resources and Ocean Advisories)<\/strong>&nbsp;<\/li><li>A new mobile application to provide comprehensive information on all ocean-related services of the INCOIS.&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IndOBIS\"><\/span><strong>IndOBIS&nbsp;<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A new web portal featuring the biodiversity of our Indian Ocean EEZ (Exclusive Economic Zone) was made open to the public.&nbsp;&nbsp;<br>The portal has been developed by the Centre for Marine Living Resources and Ecology (CMLRE), Kochi.&nbsp;&nbsp;<br>It is a project under the Intergovernmental Oceanographic Commission (IOC)-UNESCO International Oceanographic Data and Information programme.&nbsp;<\/p>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>A detailed scientific catalogue entitled \u2018<strong>Systematic account of Indian deep-water Brachyuran crabs collected during the expeditions of FORV Sagar Sampada<\/strong>\u2019 was released.&nbsp;&nbsp;<\/li><li>A detailed report of the <strong>CAIPEEX IV (Cloud Aerosol Interaction and Precipitation Enhancement Experiment)<\/strong> by the Indian Institute of Tropical Meteorology (IITM), Pune, was released.&nbsp;&nbsp;<\/li><li>An infographic book entitled \u2018<strong>75 Years of Earth Sciences in India<\/strong>\u2019 was released to highlight the success story of the growth and achievements of the MoES.&nbsp;<\/li><li>The first-ever annual report of the National Centre for Medium-Range Weather Forecasting (NCMRWF), Noida, was released.&nbsp;<\/li><li>A video explaining the <strong>330m Delhi Model<\/strong>, developed by NCMRWF, Noida, in collaboration with international counterparts such as the UK Met Office, was released.&nbsp;<\/li><li>The high-resolution 330m Delhi model is used to study aerosols, Particulate Matter (PM)2.5, and fog in Delhi NCR and predict visibility in the capital region.&nbsp;&nbsp;<\/li><li>A <strong>Compendium of Monthly Seismological Bulletins for 2021, and 2022<\/strong>, prepared by the National Centre for Seismology (NCS), was released.&nbsp;<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=1943416#:~:text=The%20Ministry%20of%20Earth%20Sciences,initiatives%20to%20mark%20this%20occasion.\" target=\"_blank\" rel=\"noreferrer noopener\">PIB<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Ancient_pathogens\"><\/span><strong>Ancient pathogens<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tag<\/strong>: GS Paper-2: Health; GS Paper-3: Biodiversity.&nbsp;<\/p><\/blockquote>\n\n\n\n<p><strong>In News<\/strong>: In a new study published in the journal PLOS Computational Biology, the <strong>ecological risks, posed by the release of unpredictable ancient viruses<\/strong>, have been calculated.&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_the_study\"><\/span><strong>About the study:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>The simulations show that 1 percent of simulated releases of just one dormant pathogen could cause <strong>major environmental damage and the widespread loss of host organisms <\/strong>around the world.&nbsp;<\/li><li>A software called <strong>Avida<\/strong> was used to run experiments.&nbsp;<\/li><li>In the worst-case scenario, <strong>the invasion reduced the size of its host community by 30 percent <\/strong>when compared to controls.&nbsp;<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"577\" height=\"396\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/ANCNT-.png\" alt=\"\" class=\"wp-image-9679 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 577px; --smush-placeholder-aspect-ratio: 577\/396;\" \/><\/figure><\/div>\n\n\n<p class=\"has-text-align-center has-normal-font-size\"><img decoding=\"async\" src=\"blob:https:\/\/edukemy.com\/47760d49-f3f6-45ed-8cec-636c116c3231\"><\/p>\n\n\n\n<p class=\"has-normal-font-size\">The risk from this small fraction of pathogens might seem small, but these are the results of releasing just one particular pathogen in simulated environments.&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_some_different_instances_of_the_revival_of_ancient_pathogens\"><\/span><strong>What are some different instances of the revival of ancient pathogens?<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>In 2003, bacteria were revived from samples taken from drilling into an ice cap on the Qinghai-Tibetan plateau. The ice at that depth was more than 750,000 years old.&nbsp;<\/li><li>In 2014, a giant \u201czombie\u201d Pithovirus sibericum virus was revived from 30,000-year-old Siberian permafrost.&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>In 2016, an outbreak of anthrax in western Siberia was attributed to the rapid thawing of B. anthracis spores in permafrost. It killed thousands of reindeer and affected dozens of people.&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_is_this_a_matter_of_grave_concern\"><\/span><strong>Why is this a matter of grave concern?<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>Earth\u2019s climate is warming at a spectacular rate and up to four times faster in colder regions such as the Arctic.&nbsp;&nbsp;<\/li><li>Estimates suggest that around four sextillion (4,000,000,000,000,000,000,000) microorganisms could be released from ice melt each year.&nbsp;&nbsp;<\/li><li>Extinction and disease&nbsp;<\/li><li>\u201cTime-travelling\u201d pathogens could become established and severely degrade a host community.&nbsp;<\/li><li>Notable viruses such as SARS-CoV-2, Ebola, and HIV were likely transmitted to humans via contact with other animal hosts.&nbsp;&nbsp;<\/li><li>So it is plausible that a once ice-bound virus could enter the human population via a zoonotic pathway.&nbsp;<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/www.downtoearth.org.in\/blog\/climate-change\/ancient-pathogens-released-from-melting-ice-could-wreak-havoc-on-the-world-new-analysis-reveals-90887\" target=\"_blank\" rel=\"noreferrer noopener\">PIB<\/a>&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Parkachik_Glacier_in_Ladakh\"><\/span><strong>Parkachik Glacier in Ladakh<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: <\/strong>General Studies \u20133 Environment &amp; Ecology, Climate change&nbsp;&nbsp;<\/p><\/blockquote>\n\n\n\n<p><strong>Why in the <\/strong>news? A new study by scientists of the Wadia Institute of Himalayan Geology has found that three glacial lakes are likely to form around Parkachik Glacier in Ladakh due to rapid ice melt.&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"511\" height=\"691\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/HIM.png\" alt=\"\" class=\"wp-image-9680 lazyload\" data-srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/HIM.png 511w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/HIM-480x650.png 480w\" data-sizes=\"(max-width: 511px) 100vw, 511px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 511px; --smush-placeholder-aspect-ratio: 511\/691;\" \/><\/figure><\/div>\n\n\n<p class=\"has-text-align-center\"><strong>About:<\/strong><\/p>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>Parachik Glacier is a <strong>mountain glacier in Kargil, Ladakh<\/strong>.&nbsp;&nbsp;<\/li><li>It is a <strong>mass of ice moving slowly down the Nun-Kun slopes<\/strong>.&nbsp;&nbsp;<\/li><li>This ice mass <strong>falls finally into the Suru River<\/strong>.&nbsp;<\/li><li>It is <strong>one of the largest glaciers in the Suru River valley<\/strong>, covering an area of 53 square km and is 14 km long.&nbsp;&nbsp;<\/li><li>The Suru River valley is a part of the southern Zanskar Ranges in the western Himalayas.&nbsp;<\/li><li>There are <strong>two main reasons<\/strong> for the rapid melting of the glacier.&nbsp;&nbsp;<\/li><li>The first is <strong>global warming<\/strong> and increasing temperatures in the region.&nbsp;<\/li><li>The second is that it is at a <strong>lower altitude than other glaciers<\/strong> in the Zanskar region.&nbsp;<\/li><li>The research also estimated the surface ice velocity of the glacier, showing a reduction of about 28% in the lower ablation zone between 1999-2000 and 2020-2021.&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Zanskar_Ranges\"><\/span><strong>Zanskar Ranges<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>Zanskar is a high-altitude semi-desert lying on the Northern flank of the Great Himalayan Range.&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>This mountain range acts as a climatic barrier protecting Ladakh and Zanskar from most of the monsoon, resulting in a pleasantly warm and dry climate in the summer.&nbsp;<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/dst.gov.in\/3-new-lakes-may-form-parkachik-glacier-ladakh-due-glacial-retreat\" target=\"_blank\" rel=\"noreferrer noopener\">DST.GOV<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Self-Reliant_India_Fund_SRI_fund\"><\/span><strong>Self-Reliant India Fund<\/strong> (<strong>SRI fund)<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: <\/strong>General Studies \u2013 2 Government Policies &amp; Interventions&nbsp;<\/p><\/blockquote>\n\n\n\n<p><strong>Why in the news? <\/strong>As part of the Aatmanirbhar Bharat package, the Indian government announced a Rs. 50,000 crore Equity Infusion for Micro, Small, and Medium Enterprises (MSMEs) through the Fund of Funds.&nbsp;&nbsp;<\/p>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li><strong>About: ve Investment Fund registered with SEBI.<\/strong>&nbsp;<\/li><li>It <strong>aims to provide growth capital<\/strong> to the deserving and eligible units of the <strong>MSME sector<\/strong>.&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>The total size of the fund is Rs. 50,000 Crore where Rs.<strong>10,000 Crore will come from the Government of India and Rs.40,000 Crore through Private Equity \/ Venture Capital funds.<\/strong>&nbsp;<\/li><li>The SRI Fund <strong>operates through a mother-fund and daughter-fund structure for equity or quasi-equity investments<\/strong>.&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>The NSIC Venture Capital Fund Limited (NVCFL) is registered as the Mother Fund under the SRI Fund implementation.&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Other_initiatives_to_support_the_MSME_sector\"><\/span><strong>Other initiatives to support the MSME sector:&nbsp;<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>It includes the launch of the <strong>Champions 2.0 portal<\/strong>, the <strong>MSME Champions Scheme for financial assistance<\/strong>, budgetary support to Credit Guarantee Fund Trust for Micro &amp; Small Enterprises, and the \u201c<strong>Raising and Accelerating MSME Performance (RAMP)\u201d program<\/strong> aimed at strengthening MSMEs\u2019 access to credit and markets and promoting technology upgradation.&nbsp;<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=1943193#:~:text=SRI%20Fund%20aims%20to%20provide,529.40%20crore.\" target=\"_blank\" rel=\"noreferrer noopener\">PIB<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RBIs_Digital_Payments_Index_RBI-DPI\"><\/span><strong>RBI\u2019s Digital Payments Index (RBI-DPI)<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>Self-Reliant India Fund was <strong>set up in 2021.<\/strong>&nbsp;<\/li><li>It is a <strong>Category-II Alternati<\/strong>&nbsp;<\/li><\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: <\/strong>General Studies \u2013 3 Economy&nbsp;<\/p><\/blockquote>\n\n\n\n<p><strong>Why in the news? <\/strong>Digital payments across the country registered a growth of 13.24% in a year through March 2023, as per RBI&#8217;s index that measures the adoption of online transactions.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"774\" height=\"397\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-05-122135.png\" alt=\"\" class=\"wp-image-9681 lazyload\" data-srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-05-122135.png 774w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-05-122135-585x300.png 585w\" data-sizes=\"(max-width: 774px) 100vw, 774px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 774px; --smush-placeholder-aspect-ratio: 774\/397;\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>About:<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>RBI&#8217;s Digital Payments Index (RBI-DPI) stood at 395.57 at March 2023 compared to 377.46 in September 2022 and 349.30 in March 2022.&nbsp;<\/li><li>The increase in the index was <strong>attributed to substantial growth in payment infrastructure<\/strong> and performance across the country.&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Digital_Payments_Index\"><\/span>Digital Payments Index&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>Digital Payments Index assesses the <strong>level of digitalization in payments nationwide and showcases the growth of different digital payment methods<\/strong>.&nbsp;&nbsp;<\/li><li>It is <strong>released semi-annually and consists of five main parameters<\/strong> with varying weights:&nbsp;<\/li><li>Payment Enablers (weight 25%)&nbsp;<\/li><li>Payment Infrastructure \u2013 Demand-side factors (10%)&nbsp;<\/li><li>Payment Infrastructure \u2013 Supply-side factors (15%)&nbsp;<\/li><li>Payment Performance (45%)&nbsp;<\/li><li>Consumer Centricity (5%)&nbsp;<\/li><li>These parameters enable the measurement of the deepening and penetration of digital payments in the country over different periods.&nbsp;<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/economictimes.indiatimes.com\/tech\/technology\/digital-payments-rise-13-yoy-at-march-end-2023-rbi-data\/articleshow\/102177750.cms?from=mdr\" target=\"_blank\" rel=\"noreferrer noopener\">Economic Times<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Lao_PDR_Laos\"><\/span><strong>Lao PDR (Laos)<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: <\/strong>General Studies \u20131 Geography, 2 Bilateral Groupings &amp; Agreements&nbsp;&nbsp;<\/p><\/blockquote>\n\n\n\n<p><strong>Why in the news? <\/strong>Recently,<strong> <\/strong>Five Memorandums of Understanding (MoUs) were signed between India &amp; LAO PDR for the implementation of five Quick Impact Projects (QIPs) in the fields of education, health, water facility and IT<strong>.<\/strong>&nbsp;<\/p>\n\n\n\n<p><strong>About:<\/strong>&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"733\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/1592041737_image2-1024x733.webp\" alt=\"\" class=\"wp-image-9682 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/733;\" \/><\/figure><\/div>\n\n\n<p>The MOUs were <strong>signed during the 3rd round of Foreign Office Consultations (FOC) held between India and Lao PDR in Vientiane.&nbsp;<\/strong>&nbsp;<\/p>\n\n\n\n<p>India &amp; LAO PDR share profound <strong>religious, cultural, and people-to-people connections<\/strong> stretching far back into history.&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>Lao PDR (Laos)<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>Laos, is a landlocked country in northeast-central mainland Southeast Asia.&nbsp;<\/li><li>Laos is bounded to the north by China, to the northeast and east by Vietnam, to the south by Cambodia, to the west by Thailand, and to the northwest by Myanmar (Burma).&nbsp;<\/li><li>It is traversed by the Mekong River and is known for its mountainous terrain, French colonial architecture, hill tribe settlements, and Buddhist monasteries.&nbsp;<\/li><li>The <strong>capital is Vientiane<\/strong>, located on the Mekong River in the northern portion of the country.&nbsp;<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/newsonair.com\/2023\/07\/28\/india-lao-pdr-sign-mous-for-five-quick-impact-projects\/\" target=\"_blank\" rel=\"noreferrer noopener\">News On Air<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Niger\"><\/span><strong>Niger<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: <\/strong>General Studies \u2013 1 Geography&nbsp;<\/p><\/blockquote>\n\n\n\n<p><strong>Why in the news? <\/strong>Recently,<strong> <\/strong>In Niger, the military coup has led to the detention of President Mohamed Bazoum.&nbsp;&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"480\" height=\"460\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/image-6.png\" alt=\"\" class=\"wp-image-9737 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 480px; --smush-placeholder-aspect-ratio: 480\/460;\" \/><\/figure><\/div>\n\n\n<p><strong>About:<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>Niger is a <strong>landlocked country located in West Africa<\/strong>.&nbsp;&nbsp;<\/li><li>It is a unitary state <strong>bordered by Libya<\/strong> to the northeast, <strong>Chad <\/strong>to the east, <strong>Nigeria <\/strong>to the south<strong>, Benin and Burkina Faso<\/strong> to the southwest, <strong>Mali<\/strong> to the west, and <strong>Algeria t<\/strong>o the northwest.&nbsp;&nbsp;<\/li><li>Over <strong>80% of its land area lies in the Sahara<\/strong> (Sahel Region).&nbsp;<\/li><li>The <strong>capital of Niger is Niamey<\/strong>, which is also its largest city and serves as the political, economic, and cultural center of the country.&nbsp;<\/li><li>Niger is <strong>predominantly covered by the Sahara Desert<\/strong>, and its landscape comprises a mix of desert, semi-arid regions, and savannahs.&nbsp;<\/li><li>More in News: The coup plotters have named General Abdourahamane Tchiani as the new leader, citing security concerns related to jihadist violence.&nbsp;<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/www.thehindu.com\/news\/international\/head-of-nigers-presidential-guard-general-abdourahamane-tchiani-appears-on-tv-as-transitional-council-president\/article67131507.ece\" target=\"_blank\" rel=\"noreferrer noopener\">The Hindu<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Papua_New_Guinea\"><\/span><strong>Papua New Guinea<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: <\/strong>General Studies \u2013 1 Geography&nbsp;<\/p><\/blockquote>\n\n\n\n<p><strong>Why in the news? <\/strong>Recently,<strong> t<\/strong>he Ministry of Electronics and Information Technology (MeitY) of India and the Ministry of Information and Communication Technology (MICT) of Papua New Guinea have signed a Memorandum of Understanding (MoU) to share INDIA STACK.&nbsp;<\/p>\n\n\n\n<p><strong>About:<\/strong>&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"1024\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/World-Data-Locator-Map-Papua-New-Guinea-1024x1024.webp\" alt=\"\" class=\"wp-image-9683 lazyload\" data-srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/World-Data-Locator-Map-Papua-New-Guinea-1024x1024.webp 1024w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/World-Data-Locator-Map-Papua-New-Guinea-300x300.webp 300w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/World-Data-Locator-Map-Papua-New-Guinea-150x150.webp 150w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/World-Data-Locator-Map-Papua-New-Guinea-768x768.webp 768w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/World-Data-Locator-Map-Papua-New-Guinea-585x585.webp 585w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/09\/World-Data-Locator-Map-Papua-New-Guinea-120x120.webp 120w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/1024;\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\">INDIA STACK is a collection of open APIs and digital public goods that aim to facilitate identity, data, and payment services on a large scale.&nbsp;<\/p>\n\n\n\n<p><strong>Papua New Guinea<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"has-normal-font-size wp-block-list\"><li>Papua New Guinea, an island country in the southwestern Pacific Ocean.&nbsp;<\/li><li>It shares land borders with Indonesia and a <strong>water border with<\/strong> <strong>Australia<\/strong>, and the <strong>Solomon Islands<\/strong>.&nbsp;<\/li><li>It includes the <strong>eastern half of New Guinea and many small offshore islands<\/strong>.&nbsp;<\/li><li>The <strong>capital is Port Moresby,<\/strong> Papua New Guinea is mainly mountainous but has low-lying plains in southern New Guinea.&nbsp;<\/li><li>A country of immense cultural and biological diversity, it\u2019s known for its beaches and coral reefs.&nbsp;<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/pib.gov.in\/PressReleaseIframePage.aspx?PRID=1943839#:~:text=As%20a%20follow%2Dup%20to,scale%20in%20New%20Delhi%20today\" target=\"_blank\" rel=\"noreferrer noopener\">PIB<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"has-text-align-left wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_are_daily_current_affairs\"><\/span>Q: What are daily current affairs? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: Daily current affairs refer to the most recent and relevant events, developments, and news stories that are happening around the world on a day-to-day basis. These can encompass a wide range of topics, including politics, economics, science, technology, sports, and more.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Why_is_it_important_to_stay_updated_with_daily_current_affairs\"><\/span>Q: Why is it important to stay updated with daily current affairs? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: Staying updated with daily current affairs is crucial because it helps individuals make informed decisions in their personal and professional lives. It enables people to understand the world around them, stay aware of significant events, and engage in informed discussions about important issues.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Where_can_I_access_daily_current_affairs_information\"><\/span>Q: Where can I access daily current affairs information? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: There are various sources for daily current affairs, including newspapers, news websites, television news broadcasts, radio programs, and dedicated apps or newsletters. Social media platforms are also widely used to share and access current affairs information.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_How_can_I_effectively_incorporate_daily_current_affairs_into_my_routine\"><\/span>Q: How can I effectively incorporate daily current affairs into my routine? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: To incorporate daily current affairs into your routine, consider setting aside specific times each day to read or watch news updates. You can also subscribe to newsletters or follow news apps to receive curated content. Engaging in discussions with peers or participating in online forums can further enhance your understanding of current events.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_are_some_tips_for_critical_analysis_of_daily_current_affairs\"><\/span>Q: What are some tips for critical analysis of daily current affairs? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: When analyzing daily current affairs, it&#8217;s essential to cross-reference information from multiple sources to ensure accuracy. Additionally, consider the source&#8217;s credibility and bias, if any. Develop the ability to identify the main points and implications of news stories, and critically evaluate the significance and impact of the events reported.<\/p>\n\n\n<h4><span class=\"ez-toc-section\" id=\"In_case_you_still_have_your_doubts_contact_us_on_9811333901\"><\/span><strong>In case you still have your doubts, contact us on 9811333901.<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><!-- \/wp:heading --><!-- wp:paragraph --><\/p>\n<p>For UPSC Prelims Resources, <a href=\"https:\/\/edukemy.com\/upsc-cse-prelims-resource-centre\" target=\"_blank\" rel=\"noreferrer noopener\">Click here<\/a><\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>For Daily Updates and Study Material:<\/p>\n<p><!-- \/wp:paragraph --><!-- wp:paragraph --><\/p>\n<p>Join our Telegram Channel &#8211; <a href=\"https:\/\/t.me\/WithEdukemy4IAS\" target=\"_blank\" rel=\"noreferrer noopener\">Edukemy for IAS<\/a><\/p>\n<p><!-- \/wp:paragraph --><!-- wp:list --><\/p>\n<ul>\n<li>1. Learn through Videos &#8211; <a href=\"https:\/\/bit.ly\/3vOD8sU\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li>\n<li>2. Be Exam Ready by Practicing Daily MCQs &#8211; <a href=\"https:\/\/bit.ly\/3Q9z2nF\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li>\n<li>3. Daily Newsletter &#8211; Get all your Current Affairs Covered &#8211; <a href=\"https:\/\/bit.ly\/3bE2y5J\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li>\n<li>4. Mains Answer Writing Practice &#8211; <a href=\"https:\/\/bit.ly\/3mZuVxl\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li>\n<\/ul>\n<p><!-- \/wp:list --><!-- wp:paragraph --><\/p>\n<p>Visit our YouTube Channel &#8211; <a href=\"https:\/\/www.youtube.com\/@ShabbirsEduKemyforIAS\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Resource Efficiency Circular Economy Industry Coalition&nbsp; Tag: GS-3, Economics&nbsp; In News: Recently, the Resource Efficiency Circular Economy Industry Coalition (RECEIC) was inaugurated by the Union Minister of Environment, Forest, and&hellip;<\/p>\n","protected":false},"author":17,"featured_media":9743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[265],"tags":[161],"class_list":["post-9665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs","tag-daily-current-affairs-upsc"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/9665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/comments?post=9665"}],"version-history":[{"count":11,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/9665\/revisions"}],"predecessor-version":[{"id":20337,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/9665\/revisions\/20337"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media\/9743"}],"wp:attachment":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media?parent=9665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/categories?post=9665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/tags?post=9665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}