|GS-I||UN Investment Promotion award to Invest India||Art and Culture|
|Golden Peacock Environment Management Award||Art and Culture|
|GS-II||Territorial Disputes-South China Sea||International Relations|
|Cairn Energy wins arbitration award||Governance|
|GS-III||Public Wi-Fi Access Network Interface-PM-WANI||Economic Issues|
|Beware of Digital lending apps||Economic Issues|
|PT Pointer||Union Cabinet permits the merger of four government films media units with NFDC||Art and Culture|
|HAYABUSA2 SPACECRAFT OF JAPAN||S&T|
|Important GS Topics||FDI Reforms||Economic Issues|
United Nations Conference on Trade and Development
World Investment Report, 2020
About the Golden Peacock Environment Management Award
Territorial Disputes-South China Sea
GS-Paper-2 Political science – GS Mains-UPSC
Context: In the global geopolitics the efforts to control more territory have always been prominent. China’s mighty claims of sovereignty over the sea—and the sea’s estimated 11 billion barrels of untapped oil and 190 trillion cubic feet of natural gas—have other competing claimants Brunei, Indonesia, Malaysia, the Philippines, Taiwan, and Vietnam.
In 1982, the UN Convention on the Law of the Sea was adopted and signed, formalising extended maritime resource claims in international law and six governments had laid claim to the disputed Parcel and Spratly islands in the South China Sea.
Since then, there has been a creeping militarisation of the waters by nations seeking to secure extended maritime resource zones.
In 2009, Vietnam began reclaiming land around some of the 48 small islands it had occupied since the 1970s. In response, China began its much larger reclamations on submerged features it first began to occupy in the 1980s.
By 2016, these reclamations had resulted in three military-grade, mid-ocean airfields that sent shockwaves around the world, provoked in part by China breaking its own pledge not to militarise the islands.
Under the Law of the Sea Convention, all states have a right to 200 nautical mile “exclusive economic zone” to exploit the resources of the sea and seabed, as measured from their land territories. Where these zones overlap, countries are obliged to negotiate with other claimants.
Three great challenges:
Conflict and associated views:
Role of India in South China Sea Dispute
Under the ‘Look East’ policy’ India has been taking a higher position at the global high table- this was reflected in the joint statement issued in September 2014, by the Governments of U.S. and India when Indian PM Narendra Modi, traveled to the U.S. The joint statement “urged the concerned parties to pursue resolution of their territorial and maritime disputes through all peaceful means, following universally recognized principles of international law, including the United Nations Convention on the Law of the Sea.”
Steps that can be taken
Since the South China Sea Dispute has been affecting many territories, the concerned authorities need to come to a resolution to solve the dispute so that the economic growth of the countries is not affected. Also, it is important that the claimant nations do not escalate the issue, but work on arriving at a consensus through effective diplomacy.
Judicial verdicts on issues of contested sovereignty have had historical precedents of triggering a nationalist backlash. It is thus important to consider possible solutions to this dispute. Some measures are as under:
China has put forward a bilateral negotiation point of view but it has not been accepted by the other countries. This is because the other countries believe that China because of its size may have an unsaid advantage in the distribution of the water body.
ASEAN has also been involved in solving the dispute but the decision has yet been taken. But resolving the dispute has become important because it is affecting the trade across the world and especially an issue for the US regarding security issues.
Cairn Energy wins arbitration award
Public Wi-Fi Access Network Interface-PM-WANI
GS-Paper-3 Development issue and S&T (PT-MAINS)
Context: Public infrastructure is essential for enhancing the quality of public life and social capital. Guiding by her promise of DIGITAL INDIA and access to all the MINIMUM Internet GoI came out with PM-WANI. This topic is highy important for UPSC-PT and Mains.
Union Cabinet cleared a document by the Department of Telecommunications (DoT) to set up public Wi-Fi access-PM-WANI network interfaces, first recommended by the Telecom Regulatory Authority of India (TRAI) in 2017.
This will involve multiple players, including PDOs, PDOAs, app providers, and a central registry.
It is a Local Area Networks (LANs) to operate without cables and wiring, making it a popular choice for home and business networks. It is a networking technology that uses radio waves to allow high-speed data transfer and broad band internet over short distances.
Centre for Development of Telematics
WHY WE NEED
**According to Digital Quality of Life Index 2020, India was placed at 9th position in Internet Affordability, outperforming even countries like the UK, the USA and China. While, for Internet Quality and E-infrastructure, India was almost at the bottom of the pillar placed at 78th and 79th (out of 85) positions respectively.
2 crore jobs and entrepreneurship opportunities, besides offering a cost-effective means of mass connectivity.
Most Wi-Fi hotspots don’t encrypt information therefore threat of HACKING and personal information. But Indian public Wi-Fi hotspot network envisages that the access to the Internet through these points will be permitted only through electronic KYC (Know Your Customer) and a mix of OTP (One-Time Password) and MAC ID-based authentication system, thereby minimising the risk of network security being compromised.
It is the time that government must ensure true unbundling of hardware, software, apps and payment gateways in the WANI system, as advocated by TRAI, to prevent monopolies. Existing public wi-fi options run on a limited scale by some entities compel consumers to pay through a single gateway app, underscoring the need for reform.
RBI warns illegal digital lending apps
The Union Cabinet on December 23, 2020, approved the merger of four of its media units- Directorate of Film Festivals, Films Division, Children’s Film Society, and National Film Archives of India with the National Film Development Corporation- NFDC.
The vision of the new entity will be to ensure the focused and balanced development of Indian Cinema in all the genres- children’s content, feature films, films/content for the OTT platform, short films and documentaries, and animation.
Upon the merger, the National Film Development Corporation will be uniquely placed with regard to aspects of production, promotion, and preservation of the filmic content- all under the one management.
The merger under one corporation will lead to synergy amongst the various activities. It will also help with efficient and better utilization of misting manpower and infrastructure.
HAYABUSA2 SPACECRAFT OF JAPAN:
Rovers of Hayabusa2
Cabinet approved 100% FDI in DTH service
What is the news?
Union Cabinet on Wednesday approved 100% Foreign Direct Investment (FDI) in direct tohome (DTH) services, extension of the licence period from 10 years to 20 and a reduced licence fee.
About Foreign direct investment (FDI)
Sectors of FDI
Depository Receipts (DR) - Part of FDI
FII Vs FDI:
New FDI rules, 2020
New FDI policy, 2020:
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