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iasparliament
January 11, 2019
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Sino-Indian Digital Collaboration Plaza

  • The Sino-Indian Digital Collaboration Plaza (SIDCOP) is  an initiative to bring Indian IT companies and Chinese enterprises closer to each other on a single AI enabled platform was launched recently
  • This is a partnership by National Association of Software and Services Companies (NASSCOM) with Municipal Governments of Guiyang and Dalian.
  • A Joint Venture comprising of one Indian and Chinese company has been tasked with the running of the platform.
  • Indian IT enterprises are world renowned for their expertise in business transformation and operational optimization by using IT tools in complex business environments.
  • SIDCOP is a boundary-less marketplace.
  • This platform could be useful to connect with top providers from India and help Chinese enterprises source the right solution providers for their projects.

Renukaji Multipurpose Dam Project

  • An agreement for Renukaji Dam Multipurpose Project is to be signed soon among six states- Uttar Pradesh, Haryana, Himachal Pradesh, Delhi, Rajasthan and Uttarakhand.
  • Three storage projects are proposed to be constructed on the river Yamuna and two of its tributaries - Tons and Giri in the hilly regions of Uttarakhand and Himachal Pradesh of Upper Yamuna Basin.
  • Two of the are Lakhwar project on river Yamuna in Uttarakhand , Kishau on river Tons in Uttarakhand and  Himachal Pradesh.
  • The other one is Renukaji Dam project has been conceived as a storage project on Giri River (tributary of river Yamuna) in Sirmour District of Himachal Pradesh.
  • These three projects were identified as National Projects in 2008 under which 90% funding of the cost will be provided by the Govt. of India as central assistance and the rest 10% will be borne by the beneficiary states.
  • Stored water of Renukaji Dam will be used by UP, Haryana & NCT of Delhi from Hathnikund Barrage, by NCT of Delhi  from Wazirabad Barrage and by UP, Haryana and Rajasthan from Okhla Barrage.

Bilateral Swap Arrangement

  • The Union Cabinet has approved the proposal for entering into an Agreement for Bilateral Swap Arrangement (BSA) between India and Japan.
  • It authorizes the Reserve Bank of India (RBI) to sign the Agreement for Bilateral Swap Arrangement between the RBI and the Bank of Japan for a maximum amount of USD 75 billion.
  • The BSA is a very good example of mutual cooperation between India and Japan for strategic objective of assisting each other in times of difficulty and for restoring international confidence.
  • This facility will enable the agreed amount of Capital being available to India on tap for use.
  • Availability of such swap line to tide over difficulties arising out of Balance of Payment (BOP) would deter speculative attacks on the domestic currency and greatly enhance the RBI’s ability to manage exchange rate volatility.
  • Click here to know more about it.

Mudiyettu

  • Mudiyettu is a ritualistic dance drama from Kerala.
  • It is based on the mythological tale of a battle between the goddess Kali and the demon Darika.
  • It is performed in the Bhadrakali temples of Central Kerala.
  • It is a community ritual in which the entire village participates.
  • Mudiyettu found a place in the UNESCO’s intangible heritage list in 2010.

11-01-2019 Sriram Mudiyettu.jpg

  • Mudiyettu serves as an important cultural site for transmission of traditional values, ethics, moral codes and aesthetic norms of the community to the next generation, thereby ensuring its continuity and relevance in present times.

Right to be forgotten

  • The European Court of justice ruled that Google can limit the "right to be forgotten" to internet searches made in the European Union.
  • The right to be forgotten is the concept that individuals have the civil right to request that personal information be removed from the Internet.
  • In May 2014, a man from Spain asked Google to remove links to an old newspaper article about his previous bankruptcy, claiming there was no legitimate reason for the outdated information to remain accessible online. 
  • The European Court of Justice ruled that under European law, search engines are data controllers so they must consider all requests to stop returning irrelevant or outdated information in search queries.
  • In the wake of the ruling, Google began receiving thousands more requests to take down links.
  • For the first time, the right to be forgotten is codified and found in the General Data Protection Regulation (GDPR) in addition to the right to erasure.
  • While the right to be forgotten aims to support personal privacy, the concern is that it conflicts with the open nature of the Web and the free flow of information.
  • Further free speech organizations warned that “right to be forgotten” online is in danger of being transformed into a tool of global censorship.

Indus Food 2019

  • INDUS FOOD is a platform of its kind exclusively devoted to enhancing Indian exports in F&B sector.
  • INDUS FOOD-II event is aimed at promoting India as a strong and reliable exporter of food and beverage products to the world.
  • INDUS FOOD 2019 will promote value addition to India’s agriculture exports and integrate Indian farmers and agricultural products with global value chains.
  • The theme of this event is ‘World Food Supermarket’.
  • INDUS FOOD is a global platform where top exporters from Food and Beverage Industry of India will be participating and buyers from across the world have been invited.
  • The first edition of INDUS FOOD was conducted by Trade Promotion Council of India (TPCI) in 2018.
  • It enables B2B engagements of buyers and suppliers.

 

Source: PIB, The Hindu

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