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Today's Headlines - 13 August 2023
India's first Agricultural Data Exchange (ADeX)
GS Paper - 3 (Economy)

The government of Telangana, in collaboration with the World Economic Forum and the Indian Institute of Science (IISc) launched India's first Agricultural Data Exchange (ADeX) in Hyderabad. The Telangana government also launched the Agriculture Data Management Framework (ADMF) - a framework for facilitating consent-based responsible data sharing.

More about Exchange

Developed as a digital public infrastructure (DPI) for the agriculture sector, ADeX is an open-source, open-standard, and interoperable public good.
The software platform facilitates a secure, standards-based exchange of data between agricultural data users (agri application developers) and agricultural data providers (government agencies, private companies, NGOs, universities, etc.).
ADMF is applicable to all government departments dealing with agricultural activities, as well as, all agriculture information users and providers. The framework provides a grievance redressal mechanism.
Both ADeX and ADMF provide the right platform to ensure fair and efficient usage of agricultural data by the industry and startups and provide a big boost to the data economy specifically in the agriculture sector.
These initiatives help Telangana lead the country in using innovation and technology to drive food systems transformation and improve the livelihoods of farmers."
Data and digital ecosystems are critical for responsible innovation in the agriculture sector.
The agriculture data exchange and the agriculture data management framework highlight the power of multi-stakeholder communities and collective action in addressing complex challenges in the agriculture sector.

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International Fund for Agricultural Development (IFAD)

The International Fund for Agricultural Development (IFAD), a specialised agency of the United Nations, was one of the major outcomes of the 1974 World Food Conference in Rome.
The conference was organised by the United Nations in response to the food crises of the early 1970s, when global food shortages were causing widespread famine and malnutrition.
Global Environment Facility (GEF)

Established in 1991 on the eve of the 1992 Rio Summit, the Global Environment Facility (GEF) provides grant funds to developing countries for projects and activities that aim to protect the global environment.
This is to cover areas like biodiversity, climate change, international waters, ozone depletion, land degradation, primarily desertification, deforestation and persistent organic pollutants.
African Development Bank (AfDB)

The African Development Bank Group (AfDB) comprises (i) the African Development Bank, (ii) the African Development Fund and (iii) the Nigeria Trust Fund. It was established in 1963 with membership being open only to regional countries, initially.
To mobilise external resources for the development of Regional Member Countries, AFDB extended its membership.

#UPSC #headline #news #G20 #summit #newdelhi #internationalrelations #forum #world #bank #group #system #mission #IBRD #JOBS #CORPORATE #investments #WTO