💥UPSC 2026, 2027, 2028 UAP Mentorship (March Batch) + Access XFactor Notes & Microthemes PDF

Type: IOCR

  • International Monetary Fund,World Bank,AIIB, ADB and India

    World Bank sets up task force for MDB Reform Plan

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: World Bank

    Mains level: Not Much

    Central Idea

    About World Bank

    Details
    Establishment July 1944, during the United Nations Monetary and Financial Conference at Bretton Woods, New Hampshire, USA.
    Initial Purpose To help rebuild European nations devastated by World War II;

    Later expanded to include global development and poverty reduction.

    Components – International Bank for Reconstruction and Development (IBRD)

    – International Development Association (IDA)

    – International Finance Corporation (IFC)

    – Multilateral Investment Guarantee Agency (MIGA)

    – International Centre for Settlement of Investment Disputes (ICSID)

    Membership 189 member countries as of 2021.
    Headquarters Washington, D.C., United States.
    Main Functions Provides loans, credits, and grants; offers technical expertise and policy advice; researches development issues.
    Funding Through issuance of bonds in the international financial markets and earnings from its investments.
    Governance Led by a President, with a Board of Governors and a Board of Executive Directors.
    India’s Involvement – Founding member since 1944.

    – First loan approved in 1949 for Indian Railways.

     

    Understanding Multilateral Development Banks

    • Definition and Membership: MDBs are financial institutions with multiple country members, both developed and developing, that provide financing and technical assistance for development projects.
    • Operational Focus: Their operations span various sectors, including transport, energy, and urban infrastructure, with developed countries contributing to the lending pool and developing countries primarily borrowing for development projects.

    Rationale behind Proposed Reforms

    • Addressing Global Challenges: The climate crisis and other global issues require mechanisms for global-scale action, particularly in emerging markets and developing economies (EMDEs).
    • Aligning with National Priorities: The expert group recommends that MDBs align more closely with the developmental priorities of individual nations.
    • Enhancing Private Sector Engagement: A shift is suggested towards greater private sector involvement in MDB operations, moving away from the culture of limited interaction between private and sovereign financing arms.

    Key Aspects of the Proposed Reforms

    • Coordination and Stakeholder Involvement: The panel emphasizes the need for greater coordination among stakeholders, including national governments, to develop unified goals and policies.
    • Addressing Coordination Failures: The reforms aim to resolve multiple coordination failures among domestic and international stakeholders, both public and private.
    • Changing Perception and Practices: The current perception of MDBs as bureaucratic and risk-averse is seen as a barrier to private sector involvement, which is crucial for ramping up financing.

    MDBs’ Traditional Lending in Countries like India

    • Role in India’s Development: MDBs have been instrumental in financing key infrastructure projects in India, often with longer gestation periods.
    • World Bank’s Commitments: Since its establishment in 1944, the World Bank has committed $97.6 billion to India, with significant portions in public administration, agriculture, and transport.
    • Asian Development Bank’s Involvement: Formed in 1969, the ADB has committed $59.7 billion to India, focusing on transport, energy, and urban infrastructure.
    • Asian Infrastructure Investment Bank’s Financing: The AIIB, established in 2016, has approved $9.9 billion in financing for India, with a focus on transport, energy, and economic resilience.
    • European Investment Bank’s Contributions: Since 1958, the EIB has committed Euro 4.5 billion to India, primarily in the transport and energy sectors.

    Conclusion

    • Implications of the Recommendations: The proposed shift in MDB operations could lead to more effective and targeted development financing, aligning closely with the specific needs and priorities of individual countries.
    • Potential for Enhanced Global Impact: By addressing coordination challenges and increasing private sector engagement, MDBs could play a pivotal role in meeting global development goals and addressing critical challenges like the climate crisis.
  • Economic Indicators and Various Reports On It- GDP, FD, EODB, WIR etc

    India Tops Global Remittance Inflows in 2023: World Bank Report

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Remittance inflows data

    Mains level: Read the attached story

    remittance

    Central Idea

    • In 2023, India witnessed the highest remittance inflows globally, amounting to USD 125 billion.
    • The surge was influenced by various factors, including India’s currency agreement with the UAE.

    World Bank’s Analysis on Remittance Growth

    • Report Findings: The World Bank’s report indicates a slowdown in remittance growth in India to 12.4% in 2023, down from 24.4% in 2022.
    • Increased Share in South Asia: India’s share in South Asian remittances is expected to rise to 66% in 2023 from 63% in 2022.

    Global Remittance Scenario

    • Other Leading Countries: Following India, the top remittance-receiving countries are Mexico (USD 67 billion), China (USD 50 billion), the Philippines (USD 40 billion), and Egypt (USD 24 billion).
    • Significance in GDP: In economies like Tajikistan, Tonga, Samoa, Lebanon, and Nicaragua, remittances form a substantial part of the GDP, highlighting their critical economic role.

    Contributing Factors for India

    • Key Drivers: Declining inflation and robust labor markets in high-income countries contributed to increased remittances.
    • Major Sources: Significant remittance flows came from the US, the UK, and Singapore, as well as from the GCC, particularly the UAE.
    • UAE’s Role: The UAE is the second-largest source of remittances to India, accounting for 18% of the total.

    India-UAE Currency Agreement Impact

    • February 2023 Agreement: The agreement to promote local currency use in cross-border transactions and interlink payment systems has boosted remittances.
    • Dirhams and Rupees Usage: The use of dirhams and rupees in transactions is expected to channel more remittances through formal channels.

    Global Remittance Trends

    • Growth in Low- and Middle-Income Countries: Remittances to these countries grew by an estimated 3.8% in 2023.
    • Future Concerns: There is a risk of real income decline for migrants in 2024 due to global inflation and low growth prospects.
  • Animal Husbandry, Dairy & Fisheries Sector – Pashudhan Sanjivani, E- Pashudhan Haat, etc

    2024: Celebrating the International Year of Camelids

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Camelids

    Mains level: Read the attached story

    camelids

    Central Idea

    • The United Nations has declared 2024 as the International Year of Camelids. This declaration aims to highlight the crucial role of Camelids in the lives of people globally.

    About Camelids

    • FAO’s Statement: According to the Food and Agricultural Organization (FAO), Camelids significantly impact millions of households in over 90 countries.
    • Species Included: Camelids encompass alpacas, Bactrian camels, dromedaries, guanacos, llamas, and vicuñas.
    • Role in Food Security and Economy: These animals contribute to food security, nutrition, and economic growth, particularly benefiting Indigenous Peoples and local communities.

    Importance of Camelids

    • Contribution to Sustainable Development Goals: Camelids play a vital role in achieving the Sustainable Development Goals (SDGs) set by the United Nations.
    • Source of Nutrition: They provide milk and meat, essential in combating hunger.
    • Fibre Production: Camelids produce fibre used for clothing and shelter.
    • Transportation and Agriculture: They serve as a means of transportation and produce organic fertilizer for agriculture.
    • Adaptability: Known for their ability to survive in harsh conditions, Camelids are significant in regions like the Andes and arid lands of Africa and Asia.
    • Climate Change Awareness: Camelids symbolize resilience and can help raise awareness about climate change.

    Goals of the International Year of Camelids 2024

    • Awareness and Investment: The year aims to increase awareness of Camelids’ untapped potential and advocate for more investment in this sector.
    • Advocacy for Research and Innovation: The initiative calls for enhanced research, capacity development, and the adoption of innovative practices and technologies in the Camelids sector.
  • India’s Bid to a Permanent Seat at United Nations

    Why only 5 countries have Veto Power in UNSC?

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Veto Power

    Mains level: Read the attached story

    Central Idea

    • A recent UN resolution vote, where 153 countries voted in favor and 10 against, including the USA’s support for Israel, underscores the influence of a few nations in global decisions.
    • This voting pattern brings into focus the veto powers within the UN Security Council (UNSC) and their persistence for over seven decades.

    What is the Veto Power in the UNSC?

    • Exclusive Membership: The UNSC comprises five permanent members (P5) – the USA, UK, France, Russia, and China – along with 10 non-permanent members.
    • Power of Resolutions: Unlike the General Assembly, resolutions passed by the UNSC are legally binding.
    • Veto Mechanism: Any P5 member can veto a resolution, blocking its adoption even with the required majority support.

    Rationale behind Veto Power for Permanent Members

    • Post-WWII Context: The P5, instrumental in forming the UN after World War II, were granted special rights, including veto power, as recognition of their role.
    • Strategic Necessity: The veto was considered vital to ensure the participation of these major powers in global peacekeeping efforts.

    Formation and Evolution of the UN and Veto Power

    • Foundational Discussions: The structure of veto power was developed during key meetings like the Dumbarton Oaks and Yalta Conferences.
    • FDR’s Influence: President Franklin D. Roosevelt envisioned the UN as a post-war peacekeeping body, with the ‘Four Policemen’ (USA, USSR, UK, and China) at its core.
    • USA’s Diplomatic Efforts: The United States employed strategies, including intelligence, to secure veto power in the UN Charter.

    Debate and Criticism of the Veto Power

    • Global Dissatisfaction: The exclusive nature of veto power has been a point of contention for many countries.
    • Resistance to Change: Attempts to expand the P5 or modify veto rights have been largely unsuccessful due to the vested interests of the permanent members.
    • Acknowledging Changes: The increase in non-permanent UNSC members in 1965 was a nod to the changing international environment.
    • Reforms agenda: Proposals include making all 15 seats temporary with five-year terms, encouraging open competition for seats, and imposing lobbying and term limits.

    Conclusion

    • Continued Discussions: The use of veto power in the UNSC remains a contentious issue, reflecting the complex nature of global politics.
    • Adapting to Modern Times: As the world’s political landscape evolves, there may be growing pressure to reform the UNSC’s structure and veto mechanism to better align with the current global order.
  • Foreign Policy Watch: India-Maldives

    Maldives decides to end Hydrographic Survey Pact with India

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Hydrographic Survey Pact

    Mains level: Read the attached story

    Hydrographic Survey

    Central Idea

    • The Maldives government has chosen not to renew a hydrographic survey agreement with India, marking a significant change in bilateral relations.

    Hydrographic Survey Pact: A Backgrounder

    • Nature of Hydrographic Surveys: These surveys involve mapping water bodies to facilitate safe and efficient maritime transportation.
    • 2019 Agreement: During Prime Minister Modi’s state visit to the Maldives in June 2019, an MoU was signed for cooperation in hydrography between the Indian Navy and the Maldives National Defence Force (MNDF).

    Activities under the Pact

    • Joint Hydrographic Surveys: Three joint surveys were conducted in 2021, 2022, and 2023, involving Indian Naval Ships like INS Darshak and INS Sutlej.
    • Survey Objectives: The surveys aimed to update navigational charts and support sectors like tourism and fisheries. They also involved tidal observations and identifying new shoals.
    • Support to MNDF: India provided hydrographic equipment and training to MNDF personnel, aligning with its policy of supporting the Maldives in establishing hydrographic capabilities.

    India’s Hydrographic Survey Agreements with Other Countries

    • Global Hydrographic Efforts: India has conducted hydrographic surveys in various countries, including Sri Lanka, Myanmar, and Bangladesh.
    • International Cooperation: The National Hydrographic Office highlights the potential for international cooperation in hydrography, especially in regions with limited capabilities.

    Reasons behind Maldives’ Decision   

    • Regime Change: The election of Mohamed Muizzu of the Progressive Party of Maldives (PPM), seen as more pro-China, contrasts with his predecessor President Solih’s India-friendly stance.
    • Geopolitical Dynamics: China’s increasing influence in the Indian Ocean region, particularly through the Belt and Road Initiative (BRI), has impacted India’s traditional sphere of influence in the Maldives.
    • ‘India Out’ Campaign: Allegations of Indian military presence and the new administration’s emphasis on national security and self-reliance in hydrographic capabilities have influenced this decision.

    Possible outcomes

    • Changing Geopolitical Landscape: The Maldives’ decision reflects the shifting geopolitical dynamics in the Indian Ocean, with growing Chinese influence challenging India’s traditional role.
    • Impact on India-Maldives Relations: This development could signify a recalibration of the Maldives’ foreign policy, potentially impacting India’s strategic interests in the region.
  • Climate Change Impact on India and World – International Reports, Key Observations, etc.

    COP28 : Understanding CCS and CDR

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: COP28

    Mains level: CCS and CCD

    ccd ccs

    Central Idea

    • At the COP28 climate talks in Dubai, discussions have centered on carbon capture and storage (CCS) and carbon-dioxide removal (CDR) technologies.
    • The interpretation of ‘abatement’ is crucial in understanding the role and limitations of CCS and CDR in climate action.

    Understanding CCS and CDR

    • CCS: This involves capturing CO₂ emissions at their source, such as in the fossil fuel industry and industrial processes, and storing them to prevent atmospheric release.
    • CDR: Encompasses natural methods like afforestation and technological approaches like direct air capture for absorbing and storing atmospheric CO₂.
    • COP28 Discussions: The term “unabated fossil fuels” in the draft texts refers to fossil fuel combustion without CCS. The texts advocate phasing out such fuels and enhancing emission removal technologies.

    Scale and Efficacy of CCS and CDR

    • IPCC’s AR6 Report: Heavily reliant on CDR for meeting the 1.5 degrees C temperature limit, assuming significant CO₂ sequestration by 2040.
    • Challenges: Direct mitigation to reduce emissions is daunting, making CDR crucial.
    • CCS Limitations: Effective CCS requires high capture rates, permanent storage, and minimal methane leakage from upstream processes.

    Concerns and Implications of CCS and CDR

    • Land Use for CDR: Large-scale CDR methods, especially technological ones, require significant land, raising equity, biodiversity, and food security concerns.
    • Impact on the Global South: CDR projects in the Global South could infringe on indigenous land rights and compete with agricultural land use.
    • Financial and Ethical Questions: The cost and responsibility of implementing CDR at scale raise questions about who should bear these burdens.

    Pitfalls of CCS and CDR

    • Potential for Increased Emissions: CCS and CDR could inadvertently create leeway for continued or increased greenhouse gas emissions.
    • IPCC Emission Scenarios: To limit warming to 1.5 degrees C, significant reductions in coal, oil, and gas use are required by 2050, with or without CCS.
    • Gas Emissions Pathways: Higher reliance on CCS and CDR could lead to emission pathways with a greater contribution from gas.

    Conclusion

    • Critical Decade Ahead: The next decade is pivotal in determining the viability and scalability of CDR methods.
    • Balancing Act: While CCS and CDR offer potential solutions for emission reduction, their implementation must be carefully managed to avoid unintended consequences and ensure equitable and effective climate action.
    • Future of Climate Negotiations: The discussions and decisions at COP28 regarding CCS and CDR will significantly influence the trajectory of global climate action and the pursuit of the 1.5 degrees C target.
  • Climate Change Negotiations – UNFCCC, COP, Other Conventions and Protocols

    Dubai Consensus for ‘transition away’ from Fossil Fuels

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Dubai Consensus , COP 28

    Mains level: Read the attached story

    dubai consensus

    Central Idea

    • The Dubai Consensus, a significant resolution towards reducing fossil fuel dependency, was adopted in COP 28, Dubai.

    Dubai Consensus

    • Key Clause: The resolution emphasizes transitioning away from fossil fuels to achieve net-zero emissions by 2050, aligning with scientific recommendations to limit global temperature rise.
    • Balance between Countries: The text reflects a compromise between developed and developing nations on climate action and responsibility.
    • Dilution of Language: Earlier drafts with terms like ‘phase-out’ were softened due to opposition from oil-dependent countries.
    • Coal Usage: The final text moderated its stance on coal, crucial for countries like India, calling for a phase-down rather than a rapid phase-out.
    • Methane Emissions: The consensus introduces a focus on reducing methane emissions by 2030, a potent greenhouse gas.
    • Natural Gas as a ‘Transition Fuel’: The text’s reference to natural gas as a transitional fuel could favor gas-producing countries and overlook the need for developed countries to close the finance gap in climate adaptation.

    New Funding Commitments and Future Goals

    • Diverse Opinions: While some nations expressed dissatisfaction with the agreement’s scope, others highlighted the lack of financial support for developing countries.
    • Financial Pledges: COP 28 saw commitments to the Loss and Damage Fund and pledges to decarbonize the global economy.
    • Focus on Renewable Energy: The resolution signals a move towards phasing out fossil fuels and boosting renewable energy and efficiency.

    India’s Historical Position on Climate Change

    • Emission Statistics: India, a major developing country, has historically contributed 3% of greenhouse gases (1850-2019), compared to higher percentages from the US and EU.
    • Per Capita Emissions: India’s per capita emissions are below the global average, but its development needs and population growth have made it the third-largest emitter.
    • Balancing Development and Emissions: India has been navigating the pressure to reduce emissions while addressing its developmental needs, particularly its reliance on coal.

    India’s Commitments and Challenges

    • Net Zero by 2070: India has committed to achieving a net-zero state by 2070, alongside expanding its renewable energy capacity.
    • Glasgow COP 2021 Agreement: Under pressure, India agreed to a ‘phase-down’ of coal use, highlighting the need for equitable treatment of all fossil fuels, including oil and gas.
    • Import Dependency: As a net importer of oil and gas, India has raised concerns about the focus on coal while other fossil fuels remain under-addressed.
  • Artificial Intelligence (AI) Breakthrough

    [pib] Global Partnership on Artificial Intelligence (GPAI) Summit

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: GPAI

    Mains level: Read the attached story

    gpai

    Central Idea

    • The Global Partnership on Artificial Intelligence (GPAI) Summit began in New Delhi on December 12, inaugurated by Prime Minister.
    • India, along with 28 member countries, is working towards a consensus on a declaration document focusing on the proper use of AI, establishing guardrails for the technology, and its democratization.

    GPAI and India

    • Founding Member: India joined GPAI as a founding member in June 2020, aiming to bridge the gap between AI theory and practice.
    • International Collaboration: The initiative fosters collaboration among scientists, industry professionals, civil society, governments, international organizations, and academia.
    • Previous Summits: Prior GPAI summits were held in Montreal, Paris, and Tokyo.
    • India’s Stance: IT Minister highlighted India’s focus on sustainable agriculture and collaborative AI, building on the Digital Public Infrastructure (DPI) approach used in Aadhaar and UPI systems.

    Content of the Proposed Declaration

    • Themes and Focus: The declaration is expected to cover AI’s use in sustainable agriculture, healthcare, climate action, and building resilient societies.
    • Regulatory Aspects: It will align with past agreements and global ideas on AI regulation.
    • India’s Contribution: India’s emphasis is on evaluating AI in sustainable agriculture and promoting collaborative AI.

    Global Conversation on AI Regulation

    • EU’s AI Act: The European Union passed the AI Act, introducing safeguards and guardrails for AI use, especially in law enforcement, and setting up mechanisms for complaints against violations. It imposes strong restrictions on facial recognition and AI’s potential to manipulate human behavior.
    • AI Safety Summit in the UK: Major countries agreed on a declaration for global action to address AI risks, acknowledging the dangers of misuse, cybersecurity threats, biotechnology, and disinformation risks.
    • US Executive Order: The Biden Administration issued an order to safeguard against AI threats and oversee safety benchmarks for generative AI bots like ChatGPT and Google Bard.
  • Human Rights Issues

    75 Years of the Universal Declaration of Human Rights

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Universal Declaration of Human Rights

    Mains level: Not Much

    human rights

    Central Idea

    • 75th Anniversary: December 10 marked the 75th anniversary of the Universal Declaration of Human Rights, adopted by the UN General Assembly in Paris.
    • Foundation of International Order: Post-World War II, this declaration laid the groundwork for the international order, aiming to prevent future atrocities.

    Understanding the Universal Declaration of Human Rights

    • Document Structure: Comprising a preamble and 30 articles, it outlines fundamental rights and freedoms.
    • Key Provisions: Articles emphasize equality in dignity and rights, non-discrimination, the right to life and liberty, prohibition of slavery and torture, fair trial rights, asylum rights, and freedoms of religion, opinion, expression, and assembly.
    • Right to Education: The declaration also enshrines the right to education for all.

    Origins and Development

    • Post-War Sentiment: Born from the “never again” resolve after the world wars and the Holocaust, it served as a “road map” for individual rights.
    • Drafting Process: Chaired by Eleanor Roosevelt, the drafting committee represented diverse geographical regions, with over 50 countries contributing to the final draft.
    • Global Participation: Despite being drafted during widespread colonial rule, the declaration represented a collective effort, ensuring rights for all, including gender equality.

    Impact and Legacy

    • Non-Binding Nature: While not a treaty or legally binding, its principles have influenced national laws and international human rights treaties.
    • Inspiration for Movements: It spurred decolonization, anti-apartheid, and various human rights movements globally.
    • Universal Standard: Despite criticisms, it remains a universal human rights standard, influencing various subsequent human rights agreements.

    Current Challenges and Relevance

    • Contemporary Conflicts: The declaration’s anniversary comes amid ongoing human rights challenges in conflicts like Israel-Hamas, Russia-Ukraine, and internal strife in Myanmar and Sudan.
    • U.N. Secretary-General’s Concerns: Antonio Guterres noted the misuse and abuse of the declaration, with some governments undermining it.
    • Amnesty International’s View: The organization sees the declaration as a testament to the feasibility of a global human rights vision.
    • Volker Türk’s Perspective: The U.N. High Commissioner for Human Rights emphasizes the declaration’s enduring relevance, urging the world to recognize its successes and learn from its shortcomings.

    Conclusion: Upholding the Universal Declaration

    • Inherent Human Rights: The declaration underscores that human rights are intrinsic to every individual.
    • Leaders’ Responsibility: Leaders are reminded of their duty to uphold these rights, essential for the well-being of the people they serve.
  • Human Rights Issues

    In news: Operation Storm Makers II

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Operation Storm Makers II

    Mains level: NA

    Central Idea

    • The Interpol operation Storm Makers II against fraud schemes fuelled by victims of human trafficking has unearthed further evidence that the trend is expanding beyond the Southeast Asian region.

    About Operation Storm Makers II

    • This operation was a special mission organized by Interpol Headquarters in Lyon, France.
    • The operation took place from October 16 to 20.
    • It involved law enforcement in 27 countries across Asia and other regions.

    The operation targeted human trafficking and cyber scams. It resulted in:

    1. Rescue of 149 human trafficking victims
    2. Hundreds of arrests
    3. More than 270,000 inspections and police checks

    Back2Basics: INTERPOL

    Details
    Full Name International Criminal Police Organization
    Member Countries Comprises 195 member countries
    Function Facilitates coordination among police forces globally; shares data on crimes and criminals
    Headquarters Located in Lyon, France
    Global Complex Has a Global Complex for Innovation in Singapore
    Satellite Offices Several regional offices in different parts of the world
    India’s Membership Joined in June 1956
    National Central Bureau (NCB) Each member country has an NCB; in India, it’s under the Ministry of Home Affairs (MHA)

    NCBs are the contact points for Interpol’s General Secretariat and other NCBs; run by police officials of the country

    Databases Manages 19 police databases with real-time access to information on crimes and criminals
    Investigative Support Provides forensic, analysis, and assistance in locating fugitives globally
    Red Notice (RN) Issued to alert police worldwide about fugitives wanted for prosecution or to serve a sentence; for provisional arrest pending extradition or similar legal action