Union Minister of Commerce and Industry has launched the Foreign Trade Policy 2023.
Foreign Trade Policy, 2023
The policy is dynamic and open-ended to accommodate the emerging needs of the time.
It aims to promote India’s overall exports, which has already crossed US$ 750 Billion.
The key approach to the policy is based on these 4 pillars:
Incentive to Remission,
Export promotion through collaboration – Exporters, States, Districts, Indian Missions,
Ease of doing business, reduction in transaction cost and e-initiatives and
Emerging Areas – E-Commerce Developing Districts as Export Hubs and streamlining SCOMET (Special Chemicals, Organisms, Materials, Equipment, and Technologies) Policy
Overview of the FTP, 2023
FTP to provide the policy continuity and a responsive framework
Approach of FTP: From Incentive to Remission
Introduces scheme for remission of duties, taxes and govt levies on export goods
Digitisation of applications pertaining to FTP
Automatic system-based approval of FTP applications
Pilot introduced for cutting processing of applications related to advance authorisation to 1 day
Norms for recognition as Star Trading Houses eased
Promotes trade in Indian Rupee
Introduces provisions for merchanting trade
Dairy sector to be exempted from maintaining average export obligation * Battery electric vehicles; vertical farming equipment & green hydrogen eligible for reduced obligation under Export Promotion Capital Goods (EPCG) scheme
Special advance authorization scheme extended for apparel & clothing sector
Extends all FTP benefits to e-commerce exports
Value limit for exports through courier service increased from Rs 5 lakh to Rs 10 lakh per consignment
Focus on engaging with states & districts through Districts as Export Hubs initiative
Aims at streamlining export of dual use items under SCOMET policy
Introduces amnesty scheme for one-time settlement of default in export obligation by advance authorisation and EPCG authorisation holders
FTP to be dynamic and responsive to the emerging trade scenario
Restructuring of Department of Commerce on the anvil to make it future-ready
Key highlights
(1) Process Re-Engineering and Automation
The policy emphasizes export promotion and development, moving away from an incentive regime to a regime which is facilitating, based on technology interface and principles of collaboration.
Reduction in fee structures and IT-based schemes will make it easier for MSMEs and others to access export benefits.
Duty exemption schemes for export production will now be implemented through Regional Offices in a rule-based IT system environment, eliminating the need for manual interface.
(2) Towns of Export Excellence
Four new towns have been designated as Towns of Export Excellence (TEE) in addition to the existing 39 towns.
The TEEs will have priority access to export promotion funds under the Market Access Initiative (MAI) Scheme.
It will be able to avail Common Service Provider (CSP) benefits for export fulfilment under the EPCG Scheme.
(3) Recognition of Exporters
Exporter firms recognized with ‘status’ based on export performance will now be partners in capacity-building initiatives on a best-endeavour basis.
2-star and above status holders would be encouraged to provide trade-related training based on a model curriculum to interested individuals.
(4) Promoting Export from the Districts
The FTP aims at building partnerships with State governments and taking forward the Districts as Export Hubs (DEH) initiative.
This would promote exports at the district level and accelerate the development of grassroots trade ecosystem.
(5) Streamlining SCOMET Policy
India is placing more emphasis on the “export control” regime.
A robust export control system in India would provide access of dual-use High end goods and technologies to Indian exporters while facilitating exports of controlled items/technologies under SCOMET from India.
(6) Facilitating E-Commerce Exports
Various estimates suggest e-commerce export potential in the range of $200 to $300 billion by 2030.
FTP 2023 outlines the intent and roadmap for establishing e-commerce hubs and related elements such as payment reconciliation, book-keeping, returns policy, and export entitlements.
As a starting point, the consignment wise cap on E-Commerce exports through courier has been raised from ₹5Lakh to ₹10 Lakh in the FTP 2023.
(7) Facilitation under Export Promotion of Capital Goods (EPCG) Scheme
The government has made several changes to the Foreign Trade Policy, including:
Adding PM MITRA scheme for textile and apparel parks to EPCG’s Common Service Provider Scheme
Exempting dairy sector from maintaining Average Export Obligation
Adding green technologies such as BEVs, vertical farming equipment, and rainwater harvesting to EPCG’s reduced Export Obligation requirement.
(8) Facilitation under Advance authorization Scheme
DTA (Domestic Tariff Area) units can access the Advance Authorization Scheme for duty-free import of raw materials for manufacturing export items, and it can be used for domestic and export production.
The Special Advance Authorization Scheme has been extended to the Apparel and Clothing sector to facilitate prompt execution of export orders.
The Self-Ratification Scheme for fixation of Input-Output Norms has been extended to 2-star and above status holders.
(9) Merchanting trade
The FTP 2023 has introduced provisions for merchanting trade, which allows the shipment of goods from one foreign country to another foreign country without touching Indian ports, involving an Indian intermediary.
This will be subject to compliance with RBI guidelines, and it won’t be applicable for goods/items classified in the CITES and SCOMET list.
This is expected to allow Indian entrepreneurs to convert certain places into major merchanting hubs.
(10) Amnesty Scheme
The government is introducing a special one-time Amnesty Scheme under the FTP 2023 to address default on Export Obligations and provide relief to exporters who have been unable to meet their obligations under EPCG and Advance Authorizations.
All pending cases of default in meeting Export Obligation (EO) of authorizations can be regularized on payment of all customs duties that were exempted in proportion to unfulfilled Export Obligation.
The interest payable is capped at 100% of these exempted duties under this scheme, and no interest is payable on the portion of Additional Customs Duty and Special Additional Customs Duty.
UK has agreed to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a trade pact based around the Pacific Rim, as it seeks to build ties around the world after leaving the European Union.
Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
CPTPP is a free trade agreement (FTA) that was agreed in 2018 between 11 countries – Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.
Britain will become the 12th member, and the first to join since the partnership since its inception.
The agreement was originally proposed as the Trans-Pacific Partnership (TPP) in 2005, with the goal of creating a free trade area that would cover 12 countries, including the US.
However, the US withdrew from the agreement in 2017, prompting the remaining 11 countries to renegotiate the deal and create the CPTPP.
Economic prospects
CPTPP countries approximately has a combined GDP of 11 trillion pounds ($13.6 trillion) once Britain joins, or 15% of global GDP with UK membership.
It does not have a single market for goods or services, and so regulatory harmonisation is not required, unlike the European Union, whose trading orbit Britain left at the end of 2020.
Key trade objectives of CPTPP
The CPTPP is designed to reduce tariffs and promote economic integration among its members.
It aims to eliminate tariffs on more than 95% of goods traded between member countries, and to provide greater market access for services and investment.
The agreement also includes provisions on intellectual property, labor, and environmental standards.
How much does Britain trade with CPTPP?
British exports to CPTPP countries were worth 60.5 billion pounds in the twelve months to end-Sept. 2022.
Membership of the grouping will add another 1.8 billion pounds each year in the long run, and possibly more if other countries join.
Key benefits to be reaped by UK
Exporters could benefit from CPTPP membership even when trading with countries where there is a bilateral FTA.
To benefit from preferential tariffs, exporters must demonstrate a product as a sufficient proportion of “locally” sourced parts.
Rules of origin under rolled-over post-Brexit free trade agreements with Japan, Mexico and Canada, for instance, allow exporters to count EU inputs as “local”.
However, under CPTPP, inputs from CPTPP members can usually be considered local, giving exporters another option if it is beneficial.
Geopolitical considerations: China Factor
While the long-term benefit for Britain’s economy is set to be modest, Britain has other reasons for joining the bloc.
UK will get a veto on whether China joins the treaty. Beijing had applied to become a member of the bloc in September 2021.
Rajasthan Day is celebrated on March 30, marking the day the state was created by unifying 22 princely states and chiefships. Rajasthan’s story of foundation is intriguing.
Formation of Rajasthan
At the time of Independence, Rajasthan was almost wholly contained in the Rajputana Agency, a political office of the British Indian Empire.
The Rajputana Agency consisted of 22 princely states and estates.
Less than 22 months after Independence, all 22 had assimilated to form what would become India’s largest state.
However, modifications were made to the boundaries after the State Reorganisation Act (1956), giving Rajasthan its present shape.
Challenges of Princely States
(1) Rajputana Agency
The Rajputana Agency spanned roughly 330,330 sq. km, with an agent under the Governor-General in charge, residing at Mount Abu.
All the princely states and estates in the agency (22 in total) were ruled by Hindu rulers with the exception of Tonk (which had a Muslim ruler).
(2) The Matsya Union
The States Ministry believed that four princely states – Alwar, Bharatpur, Dholpur, and Karauli – at the eastern edge of the erstwhile Rajputana Agency had “natural, racial and economic affinities” with each other.
Thus, the Matsya Union was inaugurated on March 18, 1948.
(3) Rajasthan Union in South-East Rajputana
Ten princely states, with Udaipur (also known as Mewar) being the largest, wanted to form a union.
An idea to merge these into Madhya Bharat was also floated but did not go through.
Another idea to merge these states into the much larger Udaipur was proposed by the Maharana of Udaipur, Bhupal Singh Bahadur.
However, this was not agreeable to the other princely states. Hence, on March 25, 1948, the nine other states came together to form the Rajasthan Union.
Within three days after its formation, Udaipur decided to join this union.
(4) Greater Rajasthan
The four largest princely states – Jaipur, Jodhpur, Bikaner, and Jaisalmer – still remained independent.
The alternative, backed by Patel, was to merge all four states into the newly formed Rajasthan Union.
Greater Rajasthan was officially inaugurated by Patel on March 30, 1949 – the date still celebrated as Rajasthan Day.
Modifications by the State Reorganisation Commission
The State Reorganisation Commission (SRC) was formed in 1953 to recommend new state boundaries to the government, in response to demands for states based on linguistic lines.
The SRC’s recommendations, with some modifications, were implemented in the State Reorganisation Act of November 1, 1956.
For Rajasthan, this brought some minor changes, including the integration of Ajmer as a district within Rajasthan, given its linguistic, cultural, and geographical links to the state.
Abu Road Taluk, a taluk of the Sirohi district of southern Rajasthan, was also integrated into Rajasthan after being sliced and included in the Bombay State.
The enclave of Sunel in Rajasthan’s southeastern edge was received from Madhya Pradesh in exchange for the enclave of Sironj, due to administrative reasons.
Conclusion
Overall, the state of Rajasthan was created through a complex process of merger and integration of various princely states and chiefships.
Today, Rajasthan is the largest state in India in terms of land area, covering 342,239 square kilometers, and is known for its rich cultural heritage, majestic forts and palaces, vibrant festivals, and diverse cuisine that attract visitors from all over the world.
The Lok Sabha passed the Competition (Amendment) Bill, 2023, which could pose new challenges for global technology companies.
About Competition Act, 2022
The Competition Act, 2002 was passed by the Parliament in the year 2002, to which the President accorded assent in January, 2003.
It was subsequently amended by the Competition (Amendment) Act, 2007.
In accordance with the provisions of the Amendment Act, the Competition Commission of India (CCI) and the Competition Appellate Tribunal (COMPAT) have been established.
The CCI is now fully functional with a Chairperson and six members.
Changes brought by the Amendment
(1) Penal powers to CCI
It grants the CCI the authority to penalize entities found engaging in anti-competitive behavior based on their global turnover, rather than just their annual domestic turnover, which was the case previously.
(2) Turnover Definition
The definition of “turnover” has been a widely debated subject in the competition law landscape.
The Supreme Court had previously fixed the criteria for determining turnover in competition law contraventions, holding that it should be the “relevant turnover,” i.e., turnover derived from the sales of goods or services.
(3) Mergers and acquisition
The CCI will have greater authority in mergers and acquisitions worth more than Rs 2,000 crore.
Additionally, the time limit for approval of mergers and acquisitions has been reduced from 210 days to 150 days.
Impact on Tech Companies
While the provision on global turnover will not be exclusively applicable to tech companies, they are likely to be the most affected by it, given the nature of their business that operates across geographies.
Typically, the revenue earned from these companies’ India operations is much smaller than their income in other regions, such as the US and Europe.
The UN General Assembly has asked the International Court of Justice to weigh in on whether countries can be sued under international law for failing to avert climate emergencies, reflecting the frustration of the international community with global climate agencies and the need for more effective climate action.
Background
Resolution by Vanuatu: The resolution, sponsored by the small Pacific island nation of Vanuatu, was adopted unanimously, indicating global consensus on the climate crisis.
Delay climate action: Frustration with the procedures of global climate agencies, particularly the United Nations Framework Convention on Climate Change (UNFCCC), stems from their deliberations often ending in compromises that delay climate action.
ICJ’s decision carries moral weight: The Hague-based court’s opinion will not be binding but carries moral weight, potentially setting the stage for countries to incorporate climate justice in their legal frameworks.
Contentious: Contentious jurisdiction refers to the ICJ’s authority to resolve legal disputes between consenting states. Decisions made under contentious jurisdiction are binding
Advisory:
Advisory jurisdiction allows the UN General Assembly (UNGA), the Security Council (SC), and other specialized bodies of the organization to request the ICJ’s opinion on a legal question.
The ICJ’s advisory opinions are non-binding. However, they hold significant normative weight and serve to clarify international law on relevant issues.
The ICJ’s advisory opinion on climate change can be useful in climate-related litigation at the national level.
Previous attempts to address climate change in non-environmental forums
Global warming on agenda: Global warming has been part of the UN Security Council’s agenda since 2007, with the UNSC attempting to frame the issue from a security standpoint, rather than solely from developmental or environmental perspectives.
Securitization of climate change: Developing countries, including India and China, have rightly resisted the securitization of climate change, arguing that it could lead to the imposition of sanctions and other coercive measures.
Rights and justice: The use of rights and justice vocabulary has given the Vanuatu-sponsored proposal more traction and global support.
Rights and justice vocabulary and recent developments
Climate justice: The Vanuatu-sponsored proposal emphasizes the importance of climate justice in addressing the issue.
Right to reparations: Countries have started asserting their right to reparations after climate emergencies, such as Pakistan after the devastating floods in 2020 and the recent discussions on loss and damage during the COP26 conference in Glasgow.
Rising climate litigation cases worldwide: The rise of climate litigation cases worldwide, where citizens and organizations sue governments and corporations for their failure to act on climate change, highlights the growing demand for climate justice.
Challenges in holding countries accountable
Holding individual accountable: Holding individual countries or governments accountable for their climate inaction has been a major stumbling block at several climate meets.
Compensation issue: The Paris Agreement contains a clause specifying that the pact does not involve or provide a basis for any liability or compensation, inserted under pressure from US diplomats.
Adamant stance: American support for the UNGA resolution was reportedly reluctant, indicating that powerful countries might resist being held accountable for their climate inaction.
Conclusion
The UNGA’s intervention should not detract from the task of reforming the UNFCCC. Institutions of the umbrella climate agency need to be more equity-sensitive and justice-oriented. Engaging with the ICJ could push it in that direction, but wealthier members of the UNFCCC must show more initiative. The growing demand for climate justice and the increasing number of climate litigation cases highlight the importance of addressing the issue in a just and equitable manner.
Vaikom is a town in Kerala, India, that became a symbol of social justice due to the temple entry movement launched in 1924, aiming to end the prohibition imposed on backward communities in using the roads around the Vaikom Mahadeva temple. The Kerala government has organized various cultural events to commemorate the movement and its significance in the state’s history. Tamil Nadu also observes the occasion, as announced by Chief Minister M.K. Stalin, recognizing the role of Tamil leaders like Periyar E.V. Ramasamy in the movement’s success.
All you need to know about Vaikom Satyagraha
Objective:
The primary goal was to end the prohibition on backward communities from using the roads surrounding the Vaikom Mahadeva temple, which symbolized the caste-based discrimination prevalent in society.
The movement sought to create a more inclusive society where people from all castes could access public spaces and religious sites without discrimination.
Leaders:
Kerala:K. Madhavan, K.P. Kesava Menon, and George Joseph were prominent leaders from Kerala who initiated and guided the movement.
Tamilnadu: Periyar E.V. Ramasamy, then president of the Tamil Nadu Congress, played a crucial role in sustaining the movement and leading it to success.
Mahatma Gandhi: Mahatma Gandhi advised the movement leaders and helped in negotiating between the government, protesters, and orthodox Hindus.
Significance:
Social equality and justice: The Vaikom Satyagraha was a groundbreaking non-violent protest that fought for social equality and justice, challenging the caste system in India.
Temple entry: The movement’s success paved the way for the temple entry proclamation of Kerala in 1936, which granted lower caste individuals the right to enter temples.
Fight against caste barriers: The Vaikom Satyagraha remains a symbol of the fight against caste barriers in India and the struggle for social justice.
Challenges and Hurdles:
The movement faced repressive action from the government and the administration, with many protesters and leaders arrested during the course of the protest.
Orthodox Hindu traditionalists organized counter rallies marked by violence, aiming to suppress the movement and maintain the status quo.
Outcome and Legacy:
The movement spanned 603 days, witnessing many significant events.
The Travancore princely state government eventually granted access to three of the four streets around the Vaikom temple, signaling the end of the protest.
The Vaikom Satyagraha continues to inspire the fight for equality and justice in India, serving as a reminder of the importance of challenging caste-based discrimination.
Periyar E.V. Ramasamy played a significant role in leading the protest, earning him the title Vaikom Veerar (Hero of Vaikom).
The movement was marked by day-to-day protests, arrests, inquiries, jail terms, and agitations.
People from various communities participated in the movement, including the Akalis from Punjab, who traveled to Vaikom to supply food to the protesters.
Facts for prelims: Vaikom Satyagraha
Aspect
Details
Time Period
March 30, 1924 – November 23, 1925
Objective
End caste-based discrimination; Allow backward communities access to roads around Vaikom Mahadeva temple
Paved the way for temple entry proclamation of Kerala in 1936; Symbol of fight against caste barriers
Challenges and Hurdles
Repressive action from government and administration; Opposition from orthodox Hindu traditionalists
Outcome and Legacy
Access granted to three of the four streets around the Vaikom temple; Inspired continued fight for equality
Commemoration
Cultural events organized by the Kerala government; Observations in Tamil Nadu to recognize Tamil leaders’ role
Conclusion
Vaikom is not just a name of a town but a symbol of social justice and the eradication of caste barriers. It is a significant part of the history of the social justice movement in India and continues to inspire the fight for equality and justice.
OpenAI’s GPT-4, the latest AI model, is creating shock waves around the world. It has incredible capabilities, but also raises ethical questions and concerns about its potential misuse.
Capabilities of GPT-4
Enhanced abilities: GPT-4 is a considerable improvement over its predecessor, GPT-3.5, with enhanced conversational and creative abilities that allow it to understand and produce more meaningful and engaging content.
Accept both text and image input: It can accept both text and image input simultaneously, which enables it to consider multiple inputs while generating responses, such as suggesting recipes based on an image of ingredients.
Diverse potential: GPT-4’s impressive performance in various tests designed for humans, such as simulated bar examinations and advanced courses in multiple subjects, demonstrates its potential applications in diverse fields.
Simple definition: ChatGPT is a chatbot built on a large-scale transformer-based language model that is trained on a diverse dataset of text and is capable of generating human-like responses to prompts.
A human like language model: It is based on GPT-3.5, a language model that uses deep learning to produce human-like text.
It is more engaging with details: However, while the older GPT-3 model only took text prompts and tried to continue on that with its own generated text, ChatGPT is more engaging. It’s much better at generating detailed text and can even come up with poems.
Keeps the memory of the conversations: Another unique characteristic is memory. The bot can remember earlier comments in a conversation and recount them to the user.
Human- like resemblance: A conversation with ChatGPT is like talking to a computer, a smart one, which appears to have some semblance of human-like intelligence.
Facts for Prelims: Other AI models
Model Name
Developer
Key Features/Description
BERT
Google
Transformer-based, bidirectional, excels in question-answering, sentiment analysis, and NER
XLNet
Google/CMU
Combines BERT and autoregressive language modeling, improved performance in NLP benchmarks
T5
Google
Transformer-based, multi-task learning framework, strong performance across NLP tasks
RoBERTa
Facebook AI
Optimized version of BERT, improved training strategies, top performance on NLP benchmarks
Megatron
NVIDIA
Designed for large-scale training, used for training GPT-like models with billions of parameters
CLIP
OpenAI
Learns from text and image data, bridges NLP and computer vision, zero-shot image classification
Limitations and Concerns of GPT-4
Factual inaccuracies: GPT-4, like its predecessor, is prone to factual inaccuracies, known as hallucinations, which can result in the generation of misleading or incorrect information.
Not transparent: OpenAI has not been transparent about GPT-4’s inner workings, including its architecture, hardware, and training methods, citing safety and competitive reasons, which prevents critical scrutiny of the model.
Biased data: The model has been trained on biased data from the internet, containing harmful biases and stereotypes, which may lead to harmful outputs that perpetuate these biases.
Potential Misuse
Undermining human skills and knowledge in education: GPT-4’s capabilities pose a threat to examination systems as students may use the AI-generated text to complete their essays and assignments, undermining the assessment of their skills and knowledge.
Potential to be misused as a propaganda and disinformation engine: The powerful language model has the potential to be misused as a propaganda and disinformation engine, spreading false or misleading information that can have far-reaching consequences.
Ethical and Environmental Implications
Ethical use: The development of large language models like GPT-4 raises concerns about the ethical implications of their use, especially with regard to biases and the potential for misuse.
Energy consumption: The environmental costs associated with training these models, such as energy consumption and carbon emissions, contribute to the ongoing debate about the sustainability of AI development.
Conclusion
GPT-4 offers incredible advancements in AI, but it also raises important questions about the ethical implications and potential misuse of such powerful technology. Society must carefully weigh the benefits and drawbacks of building models that test the limits of what is possible and prioritize the development of responsible AI systems.
This Spotlight is a part of our Mission Nikaalo Prelims-2023.
You can check the broad timetable of Nikaalo Prelims here
Session Details
YouTube LIVE with Parth sir – 1 PM – Prelims Spotlight Session
Evening 04 PM – Daily Mini Tests
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30th Mar 2023
Introduction
Nanotechnology is science, engineering, and technology conducted at the nanoscale, which is about 1 to 100 nanometers. Nanoscience and nanotechnology are the study and application of extremely small things and can be used across all the other science fields, such as chemistry, biology, physics, materials science, and engineering.
Nanotechnology proposes the construction of new nanoscale devices that possess extraordinary properties as they are lighter, smaller and less expensive, and more precise. Materials reduced to the nanoscale can show properties compared to what they exhibit on a macro-scale, enabling unique applications.
Two main approaches are used in nanotechnology:
Bottom-up approach – materials and devices are built from molecular components that assemble themselves chemically by principles of molecular recognition.
Top-down approach – nano-objects are constructed from larger entities without atomic-level control.
Why do we need it?
(1) Health sector
Nanomedicine: It has healthcare applications such as treatment and diagnostics of various diseases using nanoparticles in medical devices, as well as nanoelectronic biosensors and molecular nanotechnology.
Smart pills: Nano-level electronic devices that are shaped and designed like pharmaceutical pills but perform more advanced functions such as sensing, imaging, and drug delivery.
Cancer detection and treatment: Regular chemotherapy and radiation damages body’s healthy cells during the treatment. New nanomedicine approaches are being used in the treatment of skin cancer, which enables efficient delivery of drugs and other therapeutic treatments to specific tumor sites and target cells with low toxic side-effects.
Nanobots: Nanobots are micro-scale robots, which essentially serve as miniature surgeons. They can be inserted into the body to repair and replace intracellular structures. They can also replicate themselves to correct a deficiency in genetics or even eradicate diseases by replacing DNA molecules. Nanobots can also be used to clear artery blockages by drilling through them.
Nanofibers: Nanofibers are being used in wound dressings and surgical textiles, as well as in implants, tissue engineering, and artificial organ components.
Nanotech-based wearables: Such wearables have embedded nanosensors in the cloth that record medical data such as heartbeat, sweat components, and blood pressure. It helps save lives by alerting the wearer and medical professionals of any adverse changes faced by the body
(2) Food Industry
Nanotechnology provides the potential for safe and better quality food and improved texture and taste of the food.
A contamination sensor, using a flash of light can reveal the presence of E-coli.
Antimicrobial packaging made out of cinnamon or oregano oil or nanoparticles of zinc, calcium, etc., can kill bacteria.
The nano-enhanced barrier can keep oxygen-sensitive food fresh.
Nano-encapsulating can improve the solubility of vitamins, antioxidants, healthy omega, etc.
Nanobarcodes are used to tag individual products and trace outbreaks.
(3) Electronic components
Nanotechnology has greatly improved the capacity of electronic components by:
Reducing the size of the integrated circuits’ transistors
Improving the display screens of the electronic devices
Reducing power consumption, weight, and thickness of the electronic devices.
(4) Energy-efficient
This technology can improve the efficiency of the existing solar panels. It can also make the manufacturing process of solar panels cheaper and efficient.
It can improve the efficiency of fuel production and consumption of petroleum materials.
It is already being made use of in many batteries that are less-flammable, efficient, quicker-charging and are lightweight and higher power density.
(5) Textile industry
Nanotechnology has already made revolutionary changes in the textile industry and is estimated to make a market impact worth hundreds of billions of dollars.
Nanoscience has now produced stain and wrinkle resistant cloths and may further improve upon the existing innovations.
(6) Environment
It has the potential to address the current problem of pollution.
It can provide for affordable, clean drinking water through swift detection of impurities and purification of water.
The nanotechnology can be used to remove industrial water pollutants in the groundwater through chemical reactions at a cheaper rate.
Nanotechnology sensors and solutions also have the potential to detect, identify, filter and neutralise harmful chemical or biological agents in the air and soil.
(7) Transport
Nanotechnology contributes to manufacturing lighter, smarter, efficient and greener automobiles, aircraft and ships.
It also allows various means to improve transportation infrastructures like providing resilience and longevity of the highway and other infrastructure components.
The nanoscale sensors and devices can also provide for cheap and effective structural monitoring of the condition and performance of the bridges, rails, tunnels, etc. They can also enhance transportation infrastructure that makes the drivers avoid collisions and congestions, maintain lane position, etc.
(8) Space
Materials made of carbon nanotubes can reduce the weight of the spaceships while retaining or increasing the structural strength.
They can also be used to make cables that are needed for the space elevator. Space elevators can significantly reduce the cost of sending materials to the orbit.
The nanosensors can be used to monitor the chemicals in the spacecraft to look into the performance of the life support system.
(9) Agriculture
The nanocapsule can enable effective penetration of herbicides, chemical fertilizers, and genes into the targeted part of the plant. This ensures a slow and constant release of the necessary substance to the plants with minimized environmental pollution.
The nanosensors and delivery systems can allow for precision farming through the efficient use of natural resources like water, nutrients, chemicals etc.
The nanosensors can also detect the plant viruses and soil nutrient levels.
Nano-barcodes and nano-processing could also be used to monitor the quality of agriculture produce.
Carbon Nanotubes
Carbon nanotubes (CNTs) are cylindrical molecules that consist of rolled-up sheets of single-layer carbon atoms (graphene).
They can be single-walled (SWCNT) (dia<1nm) or multi-walled (MWCNT) (dia>100nm), consisting of several concentrically interlinked nanotubes. Their length can reach several micrometers or even millimeters.
Like their building block graphene, CNTs are chemically bonded with sp2 bonds, an extremely strong form of molecular interaction
Applications:
Used in electric wires to reduce losses
It can replace silicon made transistors as they are small and emit less heat and it can revolutionise electronics
Can be used in solar cell
Graphene
Graphene is a one-atom-thick sheet of carbon atoms arranged in a honeycomb-like pattern. Graphene is considered to be the world’s thinnest, strongest and most conductive material – of both electricity and heat.
All of these properties are exciting researchers and businesses around the world – as graphene has the potential to revolutionize entire industries – in the fields of electricity, conductivity, energy generation, batteries, sensors and more.
Issues in Nanotechnology
The nanotechnology may pose a potential risk to the environment, health and other safety issues.
Since this field is still at its nascent stage, the likely risks are contentious. As for whether or not this technology requires special government regulation, the issue is still debated.
The regulatory authorities like the US Environmental Protection Agency and the Health and Consumer Protection Directorate of the European Commission have started assessing the potential risks posed by the nanoparticles.
The organic food sector is the first to be regulated so that the engineered nanoparticles are excluded from the organic produce. It has been implemented in Australia, UK and Canada as well as all the food certified under the Demeter International Standards.
Nanotoxicology is the study of potential health risks of nanomaterials. The human body can easily take up the nanomaterials as they are small in size.
However, there is a need for detailed research on how it would behave inside an organism. The behaviour of nanoparticles based on their size, shape and surface reactivity must be thoroughly analysed before launching them into the market.
Nanopollution is the generic term that is used to describe the waste generated by the nanodevices or nanomaterials during the manufacturing process.
Nanowastes may be of risk due to their size and different properties and interactions. Since the man-made nanoparticles are not naturally made, living organisms may not have the appropriate means to deal with them.
The risk of nanotechnology on health, environment, society, economy, security, and trade is not yet fully assessed. This in itself is a threat.
Government Measures
Nanotechnology regulatory board to regulate industrial nano products
Nano technology institutes like Indian Institute of Nano sciences at Bangalore,Mumbai,kolkata
Nano technology initiatives program by Department of Information technology and for nano electronic products
Nano mission:1000 crore allotted for 5 years for development of nano technology
Department of Science and Tech-Nanomission (nano-biotechnology activities) through DBT, ICMR, and CoE in Nanoelectronics by MeitY support nanoscience, nanotechnology, nanobiotechnology, and nanoelectronics activities.
Eighteen sophisticated analytical instruments facilities (SAIFs) established by DST across India play a major role in the advanced characterization and synthesis of nanomaterials for various applications.
The Center of Excellence in Nanoscience and Nanotechnology established by DSTNanomission helps research and PG students in various thrust areas.
Thematic Units of Excellence (TUEs) for various areas of nanoscience and nanotechnology play a major role in product-based research to support nanotechnology.
Visveswaraya Ph.D. fellowships offered by MeitY supports various nanotechnology activities in the country.
INSPIRE scheme supports research fellows to work in interdisciplinary nanotechnology, nanoscience, and nano-biotechnology areas.
DST-Nanomission supports more than 20 PG teaching programs to create a baseline for nanoscience and nanotechnology in India, out of about 70 PG programs currently running in India.
Mission on Nano Science and Technology (Nano Mission)
Launched in 2007.
It is as an “umbrella capacity-building programme”.
The Mission’s programmes will target all scientists, institutions and industry in the country.
It will also strengthen activities in nano science and technology by promoting basic research, human resource development, research infrastructure development, international collaborations, among others.
It will be anchored in the Department of Science and Technology and steered by a Nano Mission Council chaired by an eminent scientist.
Outcomes and significance of the mission
As a result of the efforts led by the Nano Mission, today, India is amongst the top five nations in the world in terms of scientific publications in nano science and technology (moving from 4th to the 3rd position).
The Nano Mission itself has resulted in about 5000 research papers and about 900 Ph.Ds and also some useful products like nano hydrogel based eye drops, pesticide removal technology for drinking water, water filters for arsenic and fluoride removal, nanosilver based antimicrobial textile coating, etc.
The Nano Mission has thus helped establish a good eco-system in the country to pursue front-ranking basic research and also to seed and nurture application-oriented R&D, focused on useful technologies and products.
Conclusion
Nanotechnology provides a bright future for humankind. However, much is yet to be known about its impacts and risks. The government, before indulging in the promotion and launch of this new technology, must invest more in basic research to understand this field.
