Published on: June 11, 2024

Snippets : 11 JUNE 2024

Snippets : 11 JUNE 2024

  • Prem Singh Tamang sworn in as Chief Minister of Sikkim
  • Karnataka Rajya Chalakara Parishath (Karnataka State Driver’s Council), in collaboration with Agnibhu Technologies, has launched the ‘Nagara Metered Auto’ in Bengaluru
  • Sub Lieutenant Anamika B. Rajeev made history at INS Rajali, Arakkonam, when she became the first woman in the Indian Navy to fly a helicopter. Last week, this important milestone was reached during the passing out parade. The 102nd Helicopter Conversion Course was completed
  • Bannerghatta Biological Park is launching a Leopard Safari to boost tourism, featuring a 50-acre enclosure for 12 of its 70 leopards, with safety measures and regular monitoring. This will add to existing lion and tiger safaris. Additionally, new aquariums for freshwater and saltwater fish are planned in Mysuru, developed on a PPP model following international guidelines. Other initiatives include a vulture conservation center, improved water supply by BWSSB, filling veterinary vacancies, using local vets for the Adumalleshwara Mini Zoo, and extending health benefits to BBP staff.
  • On World Oceans Day, June 8, 2024, the Director General of the International Union for Conservation of Nature (IUCN) emphasized the urgent need for global cooperation to implement the High Seas Biodiversity Treaty, highlighting its importance due to vast ocean coverage, lack of control, and rich biodiversity. Despite the treaty being approved and opened for signatures in September 2023, with 90 countries signing it by mid-2024, only seven have ratified it. The treaty requires ratification by 60 countries to be enforceable, presenting a significant challenge. The call to action stresses the need for countries to formalize their commitment through ratification, alongside addressing environmental concerns like unsustainable fishing and deep-sea mining.
  • India has welcomed Egypt, Iran, UAE, Saudi Arabia, and Ethiopia into the BRICS group during a significant meeting hosted by Russia. BRICS, comprising Brazil, Russia, India, China, and South Africa, is not a formal organization but holds annual summits with rotating chairmanship. It accounts for 40% of the world’s population and 30% of the global GDP, aiming to be a major economic engine and investment market. BRICS focuses on deepening cooperation, sustainable development, economic relations, and becoming a key political-diplomatic entity. The financial architecture includes the New Development Bank (NDB) and the Contingent Reserve Arrangement (CRA), which support infrastructure projects and provide short-term liquidity, respectively.
  • India Exim Bank recently opened its East Africa Representative Office in Nairobi, Kenya, as part of a plan to expand its global business presence and enhance trade ties with East Africa. The bank plays a crucial role in promoting India’s foreign trade and investments, offering financial services such as loans, buyer’s credit, and lines of credit for infrastructure projects.