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Prelim Bits 04-10-2018

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October 04, 2018

Global Skills Park (GSP)

  • Global Skills Park is going to be established in the state of Madhya Pradesh.
  • It is funded by Asian Development Bank (ADB).
  • ADB and Government of India recently signed a $150 million loan agreement to establish the park.
  • GSP is the first multi-skills park in India.
  • It aims to enhance the quality of Technical and Vocational Education & Training (TVET) System in the State and create a more skilled workforce.
  • The GSP campus will be in Bhopal which consists of
  1. Core Advanced Training Institutes including the Center for Occupational Skills Acquisition,
  2. Center for Advanced Agricultural Training and
  3. Other support services focusing on entrepreneurship, training of trainers, and skill-related research.

Asian Development Bank

  • ADB was conceived in the early 1960s as a financial institution that would be Asian in character and foster economic growth and cooperation in one of the poorest regions in the world.
  • It is headquartered at Manila, Philippines.
  • ADB now has 67 members of which 48 from within Asia and Pacific while remaining 19 from outside.
  • The bank admits the members of the United Nations Economic and Social Commission for Asia and the Pacific and non-regional developed countries.
  • ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development.
  • ADB is modeled closely on the World Bank, and has a similar weighted voting system where votes are distributed in proportion with members' capital subscriptions.
  • India is a founding member and the fourth largest shareholder.
  • ADB's recent projects in India - Safe drinking water project in West Bengal, Sewerage and drainage project in Kolkata.
  • Other Projects - East coast economic corridor, solar rooftop investment program, Mechi river bridge project in Indo-Nepal border, TAPI gas pipeline, South Asia Subregional Economic Cooperation (SASEC) Program, supporting fiscal reforms in West Bengal State.

Udyam Abhilasha

  • It is a National Level Entrepreneurship Awareness Campaign.
  • It is organised by Small Industries Development Bank of India (SIDBI).
  • The campaign is organised in 115 Aspirational Districts identified by NITI Aayog in 28 States and reaching to around 15,000 youth.
  • It provides entrepreneurship training to the aspiring youths across these districts thus encouraging them to enter the segment of entrepreneurs.
  • It focuses on women aspirants in these aspirational districts to encourage women entrepreneurship.
  • The campaign will be delivered through common service centres (CSC) in these districts.
  • SIDBI has partnered with a CSC Special Purpose Vehicle (CSC SPV).
  • CSC e-Governance Services India Limited is set up by the Ministry of Electronics & IT.

RE-INVEST

  • RE-INVEST is a global platform to explore strategies for development and deployment of renewables.
  • It showcases India’s clean energy market and the Government’s efforts to scale up capacity to meet the national energy demands in sustainable ways.
  • Ministry of New and Renewable Energy is organising 2nd global RE-INVEST expo in Greater Noida, UP.
  • It will build upon the success of RE-INVEST 2015.
  • It provides an international forum to established players as well as new segments of investors and entrepreneurs to engage, ideate and innovate.

World Peace Monument

  • Vice President of India has recently inaugrated the world’s largest dome at the Maharashtra Institute of Technology (MIT).
  • It is built atop the MIT World Peace Library and the World Peace Prayer Hall in World Peace University Campus in MIT.
  • The structure is called World Peace Monument.
  • It is 160ft in diameter and larger in area than the dome at St. Peter’s Basilica in Vatican City.
  • MIT World Peace Library and Prayer Hall are named after the 13th century poet-saint and philosopher Dnyaneshwar, a pivotal figure of the Bhakti movement in Maharashtra.

Marrakesh Treaty

  • European Union has recently ratified Marrakesh Treaty to ease access to reading material for print-disabled people.
  • Marrakesh Treaty was adopted by United Nations - World Intellectual  Property Organisation (WIPO).
  • With the ratification of European Union, the treaty now expands to 70 countries.
  • India was among the earliest to ratify the Marrakesh treaty in June 2014.
  • The governments that are party to the Marrakesh treaty are obliged to adopt laws authorising the conversion of books into accessible formats such as braille, e-text, audio and large print by designated organisations.
  • They are also allowed to exchange these alternative formats across national borders without clearance by copyright owners.

 

Source: PIB, The Hindu

 

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