Europe’s world-first AI rules gets final approval from lawmakers
Syllabus: GS-III; Subject: Science & Technology; Topic: Computer and ICT, Issue: AI Act |
Context: European Union lawmakers approved the AI Act.
It marked a significant step in regulating AI technologies.
Highlights:
- The Act aims to protect fundamental rights, democracy, the rule of law, and environmental sustainability from high-risk AI.
- Certain AI applications threatening citizens’ rights will be banned.
- Biometric categorization systems.
- Emotion recognition in workplaces and schools.
- Social scoring,
- Predictive policing based solely on profiling.
- AI manipulation of human behavior.
Concerns:
It may become outdated due to the rapid evolution of AI technology.
Conclusion:
There is a need for ongoing collaboration between businesses and lawmakers.
Prelims connect (Institutions in News):
European Union (EU):
· Formed in the aftermath of World War II to foster economic cooperation and prevent further conflict. · It is a political and economic union of 27 member states located primarily in Europe. · It has established a single market, allowing for the free movement of goods, services, capital, and people within its borders. · It has also introduced a common currency, the euro, which is used by 19 of its member states. · The EU is India’s 2nd-largest trading partner (after the US) and India’s 2nd-largest export market. · India is the EU’s 10th largest trading partner. |
Source: Indian Express
Auditing regulator plans innovation lab, sandbox.
Syllabus: GS-III; Subject: Economy, Topic: Industry and Industrial policies |
Context: The National Financial Reporting Authority (NFRA) plans to set up an Innovation Lab for advanced auditing techniques.
NFRA’s Initiatives:
- Establishment of an Innovation Lab for advanced auditing techniques.
- Engagement with Audit Committees and Independent Directors during inspections.
- Embracing technology for fraud detection and identification of related party transactions (RPTs).
- Advocacy for professional skepticism and the ‘Trust but Verify’ approach among auditors.
- Push for global convergence in reporting and assurance standards.
National Financial Reporting Authority (NFRA):
· Established: October 1, 2018, under the Companies Act, 2013. ü Role: Independent regulator overseeing auditing profession and accounting standards in India. ü Objective: To enhance the quality of corporate financial reporting. Functions: 1. Recommending accounting and auditing policies and standards. 2. Monitoring and enforcing compliance with standards. 3. Improving the quality of service in compliance-related professions. Composition: Chairperson and up to fifteen members, appointed by the Central Government. Powers: 4. Authority to investigate professional misconduct. 5. Empowered with civil court-like powers for investigations. |
Source: Indian Express
Ease e-commerce for MSME exports.
Syllabus: GS-III, Subject: Economy, Topic: Trade and External Sector, Issue: MSME Export’s. |
Context: Niti Aayog recommended easing e-commerce routes for MSME exports.
Key Recommendations:
- Simplify merchandise trade processes and establish a single national trade portal.
- Address payment reconciliation challenges associated with exports.
- Ensure accurate measurement of MSME exports.
- Target specific sectors with global demand, like handicrafts and textiles, for export promotion.
MSMEs (Micro, Small, and Medium Enterprises):
ü Classified under the MSMED Act, 2006 based on investment and turnover. ü Micro: Investment < INR 1 crore, Turnover < INR 5 crore. ü Small: Investment < INR 10 crore, Turnover < INR 50 crore. ü Medium: Investment < INR 50 crore, Turnover < INR 250 crore. ü Key contributors to GDP, exports, rural development, and employment generation. ü Supported by government schemes for growth and development. ü Vital for innovation, social inclusion, and economic sustainability |
Source: The Hindu
Political Background not sufficient reason to reject a candidate as judge, says SC Collegium
Syllabus: GS-IV; Subject: Ethics, Topic: Probity in Governance: code of conduct and code of ethics, Issue: Appointment of Judges |
Context: The Supreme Court Collegium dismissed an input regarding a Kerala High Court judge candidate’s political affiliation.
Synopsis:
- The Collegium emphasized that a political background alone is not sufficient to reject a candidate as a judge.
- There are previous instances of appointing judges with political affiliations.
Source: The Hindu
Growing tally, rising turnout: More and more women stepping out to vote
Syllabus: GS-II; Subject: Polity, Topic: Elections and RPA, Issue: Women’s participation in Elections. |
Context: increasing women’s participation in elections.
In recent Lok Sabha elections, women’s participation has notably increased, with female voter turnout surpassing male turnout in 2019.
Indicating increased registration and participation.
Highlights:
- More constituencies now have a higher number of female voters.
- The overall turnout gender gap has narrowed, with women’s turnout surpassing men’s in 2019.
- The geographical spread of high female turnout constituencies has expanded across states.
Source: The Hindu
Supreme Court to hear plea to bring CJI back in selection committee
Syllabus: GS-II Subject: Polity Topic: Institutions. |
Context: Supreme Court to hear plea alleging Centre may exploit vacancies in Election Commission for unfair advantage.
Arguments:
- Implementation of previous Supreme Court judgment for Chief Justice ‘s inclusion in the EC selection committee.
- Emphasis on the Election Commission’s critical role in ensuring free and fair elections.
- Request for insulation of Election Commission from political interference.
- Urgency due to risk to electoral integrity and functioning with vacancies.
The Election Commission of India (Article 324):
The Election Commission of India is a permanent and independent body. It is tasked with conducting elections to Parliament, State Legislatures, and the Office of the President and Vice President of India. Appointment and tenure of Commissioners: · No specific legislative process is outlined in the Constitution. · President appoints based on advice of Union Council of Ministers. · Term lasts six years or until 65, with status and benefits akin to SC judges. · The removal process mirrors that of Supreme Court judges. · Retiring commissioners aren’t barred from further government appointments. Composition: · Initially a single-member body, it expanded in 1989 due to an increased workload. · Majority vote resolves disagreements among commissioner.Top of Form |
Source: The Hindu
Supreme Court stops Assam’s move to withdraw notification of Pobitora Wildlife Sanctuary
Syllabus: GS-II; Subject: Environment, Ecology and Disaster Management, Topic: Biodiversity and Conservation, Issue: Pobitora Wildlife Sanctuary |
Context: The Supreme Court halted Assam’s attempt to revoke notification of Pobitora Wildlife Sanctuary.
Pobitora Wildlife Sanctuary:
- Situated in the flood plains of the Brahmaputra River, Morigaon district, Assam.
- here the Rhino Density is the Highest globally, second only to Kaziranga in Assam.
- it acts as a source population for initiatives like the Indian Rhinoceros Vision 2020 (IRV).
- Nickname: “Mini Kaziranga” due to similar landscape and rhino population.Top of Form
Greater one-horned rhinoceros:
- Also known as the “Indian rhino,” (largest among all rhino species).
o Its distinctive features include a solitary black horn.
Habitat:
Commonly found in Nepal, Bhutan, Pakistan, and in Assam, India.
Protection Status:
IUCN Red List: Vulnerable
Wildlife Protection Act, 1972: Schedule I
Source: The Hindu
Daily Editorials
Explained: India’s first indigenous Fast Breeder Reactor begins ‘core loading’, why it matters
Syllabus: GS-III, Subject: Science and Technology, Topic: Nuclear Technology, Issue: Fast Breeder Reactor |
Context:
- India’s indigenous Fast Breeder Reactor (FBR) at Kalpakkam, Tamil Nadu, commenced core loading.
- Core loading involves placing nuclear fuel assemblies inside the reactor core.
India’s FBR program:
- Bharatiya Nabhikiya Vidyut Nigam Ltd (BHAVINI) was established in 2003 to build and operate the Prototype Fast Breeder Reactor (PFBR)
- Once operational, India will be the second country after Russia with a commercial operating FBR, while China has a smaller FBR program
Significance of FBR program:
- Department of Atomic Energy’s (DAE) three-stage power programme aims to utilize thorium reserves for electricity generation.
- FBRs play a crucial role in the three-stage programme by converting fertile materials like U238 and thorium into fissile materials like Pu239 and U233.
- India’s “closed fuel cycle” approach involves reprocessing spent fuel to separate useful isotopes for fuel multiplication. and eventual thorium utilization in the third stage.
- India-US civil nuclear deal has increased the pace of its nuclear programme.
India’s Three Stage Nuclear Program | |
Stage | Description |
First | · Setting up Pressurized Heavy Water Reactors (PHWRs) using natural uranium and heavy water as coolant and moderator.
· NPCIL operates 22 commercial nuclear power reactors with a total capacity of 6,780 MWe. · Construction of imported Light Water Reactors (LWRs) with Russian collaboration. |
Second | · Establishment of Fast Breeder Reactors (FBRs) alongside reprocessing and plutonium fabrication plants.
· Aimed at multiplying fissile material inventory to enable a higher power base and thorium utilization. |
Third | · Implementation of the ThU233 cycle, utilizing U233 produced from thorium irradiation in PHWRs and FBRs.
· Proposed Advanced Heavy Water Reactors (AHWRs) for producing U233. · Combining reactors from all stages for long-term energy security. · Commercial utilization of thorium depends on abundant U233 or Pu239 supplies. · Progress on FBRs indicates advancement towards the third phase. |
Source: Indian Express
On judges and bureaucrats joining politics | Explained
Syllabus: GS-IV, Subject: Ethics, Topic: Probity in Governance, Issue: Resolving conflict of interest |
Context:
- The joining of political parties by independent constitutional authorities and senior government officials after leaving office has raised concerns about propriety.
Constitutional restrictions to ensure Probity:
- Retired Supreme Court judges cannot appear as lawyers in any court in India,
- High Court judges face similar restrictions except for appearances before the Supreme Court or other High Courts.
- CAG and Public Service Commission members cannot take up employment with Central or State governments post-retirement.
- However, there are no restrictions on joining political parties, contesting elections, or being nominated to political posts after demitting office.
Issue of cooling off period:
- Election Commission recommended cooling-off period for retired bureaucrats in 2012.
- Supreme Court dismissed a writ petition seeking cooling-off period, stating that it is legislature’s job to decide on this.
Conclusion:
- Cooling-off period for contesting elections may not align with democratic principles, as it is the right of every citizen to contest elections.
- Yet, it is crucial to uphold the principle of justice being seen to be done, applicable even after officials demit office.
Source: The Hindu
A fresh stance: On India and the European Free Trade Association deal
Syllabus: GS-II, Subject: International relations, Topic: Regional and global groupings, Issue: India – EFTA |
- EFTA comprises of Iceland, Liechtenstein, Norway, and Switzerland.
- India signed a Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association (EFTA).
TEPA:
- Offers easier market access for Indian services firms, including architects, accountants, and nurses,
- Aims to attract $100 billion in investments and create a million jobs over 15 years.
Significance:
- Swift conclusion of the EFTA reflects India’s renewed engagement in trade pacts.
- It is India’s second major trade pact since the UAE deal and the first with a western grouping.
- Signifies India’s shift towards embracing free trade.
Inclusion of non-trade issues like labor, human rights, environment, and gender signifies a positive shift in India’s approach, significant for potential allies like the EU.
Wrong messaging: On the Citizenship (Amendment) Act, 2019
Syllabus: GS-II, Subject: Polity, Topic: Bill/Act/Rules, Issue: Citizenship (Amendment) Act(CAA), 2019. |
Key points:
- The CAA, fast-tracks citizenship for minority communities from Afghanistan, Bangladesh, and Pakistan.
Criticism:
- CAA’s discriminatory as it favors specific religious communities.
- The CAA’s association with the National Register of Citizens: heightened fears among Muslims about potential loss of citizenship without proper documentation.
- the CAA’s use for political messaging by the government exacerbates concerns about religious bias in government policies.
Related Concepts:
The National Register of Citizens (NRC) is the register containing names of Indian CITIZENS.
It is prepared by recording particulars of all the persons enumerated during Census.
Source: The Hindu
India’s R&D funding, breaking down the numbers
Syllabus: GS- III, Subject: Science and Technology, Topic: Indigenization and Development of Technologies, Issue: Research and development(R&D) in India. |
Analysis of Research and development (R&D) funding landscape:
- Despite significant increase in Gross Expenditure on Research and Development (GERD), the overall numbers in percentage of GDP remains low.
- GERD is mainly fueled by the government sector (~63%).
- 54% of R&D funding goes primarily to four institutions-DRDO (~30%), Department of Space (~18%), ICAR (~12%), Department of Atomic Energy (~11%)
- Higher Educational Institutions contribute only 8.8% to overall R&D.
- Despite low allocation to R&D, India has emerged as a powerhouse in producing academic talent.
Challenges in India’s R&D ecosystem:
- Ensuring equitable fund distribution,
- fostering interdisciplinary collaborations,
- upholding global standards.
Steps taken by government:
- National Deep Tech Startup Policy (NDTSP) – holds the potential to incentivize private sector engagement in India’s R&D ecosystem.
- Anusandhan National Research Foundation (ANRF) Act, underscores the government’s dedication to catalyzing research and innovation.
The way ahead
- Closing the existing gap demands a dual strategy:
- encouraging private sector involvement and
- fortifying academia’s research infrastructure.
Source: The Hindu