Current Affair 1:

International Sugar Organisation (ISO)

 

News:

The International Sugar Organization is the unique intergovernmental body devoted to improving conditions on the world's sugar market through Debate, Analysis, Special Studies, Transparent Statistics, Seminars, Conferences and Workshops.

More information:

India has been the largest consumer and second largest producer of sugar in the world. With about 15% share in global sugar consumption and about 20% production of sugar, Indian sugar trends affects the global markets profusely. This leading position makes India as the most suitable nation to lead International Sugar Organisation (ISO) which is the apex international body on sugar and relating products having about 90 countries as members.

With Brazil in the Western Hemisphere, India is the market leader in Eastern Hemisphere for sugar market. Now, being the 3rd largest country in the world in ethanol production after USA and Brazil, India has shown commitment towards green energy and its capability to twist the challenges of surplus sugar in domestic market to solution of fossil fuels imports and a tool to meet COP 26 targets for India.

Current Affair 2:

Anganwadi Protocol for Divyang Children

 

The Anganwadi Protocol for Divyang Children was launched by the Ministry for Women and Child Development.

As part of the new protocol, Anganwadi workers will be provided with training that will help them spread awareness on the issue.

Aligned with the vision of Swasth Suposhit Bharat in Amrit Kaal, this protocol embodies a Social Model for Divyangjan inclusive care under the POSHAN Abhiyan, with a step-by-step approach:

Through the Divyang protocol, every district administration will be guided in addressing special needs for education and nutrition, providing Swavlamban Cards for the empowerment of divyang children and their families.

The developmental milestones of the children will be tracked on the Poshan tracker and the data will further support convergence between relevant Ministries viz; MoHFW, DoSEL, DePwD, etc.

According to a statement issued by the Women and Child Development Ministry, the National Curriculum Framework for Foundational Stage-2022 further recommends approaches to addressing developmental delays and disabilities in schools, including advice on signs and symptoms.

Poshan Abhiyaan

POSHAN Abhiyaan is a major initiative, among the various initiatives of the Ministry of Women and Child Development. Poshan Abhiyan was launched on 8th March 2018 with an aim to achieve improvement in nutritional status of Children under 6 years, Adolescent Girls, Pregnant Women and Lactating Mothers in a time bound manner by adopting a synergised and result-oriented approach.

Current Affair 3:

ASEAN India Grassroots Innovation Forum (AIGIF)

 

News:

India along with 10 ASEAN Member States (AMS) were represented by 200 participants, at the 4th edition of the annual ASEAN India Grassroots Innovation Forum (AIGIF) that was launched in Langkawi, Malaysia on 28th November 2023.

The AIGIF is an annual programme focused on fostering a strengthened relationship between India and AMS on the premise of co-operation in Science, Technology and Innovation (STI). While on one side it aims to give exposure to social innovations in different countries, it also strengthens governance in the grassroots innovation eco-system.

The annual program is a collaboration between the ASEAN Committee on Science, and Innovation (COSTI); Department of Science & Technology (DST), Government of India. Yayasan Inovasi Malaysia (YIM) is an agency under MOSTI which is executing the AIGIF this year.

Building upon the triumphs of past editions in Jakarta, Indonesia (2018), Davao, Philippines (2019), and Phnom Penh, Cambodia (2022), AIGIF 2023 magnifies its commitment to surmount societal challenges through heightened participation and collaboration at Langkawi, Malaysia.

Current Affair 4:

What Dollarization means?

 

News:

Dollarization means replacing a country's currency with US Dollar. Argentina's new President has promised replacing its own currency 'Peso' with 'US Dollars'.

Benefits:

1. Stable (foreign) Currency which will attract investment and growth.
2. As the foreign currency can be earned only through exports (and foreign capital inflows), it would incentivize to promote exports and ease conditions for capital inflows.
3. Previous governments could have forced Central banks to print money (monetization of deficit) and spend on wasteful expenditure but in case foreign currency they can’t print and Govt. can earn money only through tax and other resources which will prevent inflation.

Negatives:

1. Central banks will lose control on monetary policy and can't influence the money supply
2. Central banks can't devalue currency to promote exports.

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