Today's News 19 March 2019
प्रमोद सावंत बने गोवा के नए सीएम
बीजेपी विधायक प्रमोद सावंत गोवा के नए सीएम बन गए हैं। उनके साथ 11 और मंत्रियों ने शपथ ली है। सावंत बीजेपी गठबंधन का नेतृत्व करेंगे। जिन अन्य 11 मंत्रियों को राज्यपाल ने शपथ दिलाई है, उनमें से सभी पहले वाली पर्रिकर सरकार में भी मंत्री थे। सीएम पद की शपथ लेने से पहले सावंत ने गोवा विधानसभा के अध्यक्ष पद से इस्तीफा दिया। फिलहाल गोवा विधानसभा के उपाध्यक्ष माइकल लोबो इस पद के लिए चुनाव होने तक कार्यवाहक अध्यक्ष होंगे। केंद्रीय मंत्री नितिन गडकरी शपथग्रहण समारोह में मौजूद थे।
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants-hindi/19329-2019-03-19-05-54-32
#Goa #PramodSawant #GoaCM #BJP #MLAs #GFP #MGP

एस्सार स्टील के अधिग्रहण के लिए दी सशर्त मंजूरी
नैशनल कंपनी लॉ अपीली ट्रिब्यूनल (NCLAT) ने कर्ज से लदी एस्सार स्टील के लिए पेश की गई वैश्विक दिग्गज स्टील कंपनी आर्सेलर मित्तल के समाधान योजना को सशर्त मंजूरी दे दी है। आर्सेलर मित्तल ने एस्सार स्टील के अधिग्रहण के लिए 42,000 करोड़ रुपये की बोली लगाई है। एनसीएलएटी ने कहा है कि उसकी यह मंजूरी पूर्व के आदेश पर एस्सार स्टील के प्रोमोटर्स की तरफ से दायर की गई अपील पर आने वाले निर्णय से तय होगी। जस्टिस एस जे मुखोपाध्याय की अध्यक्षता वाली दो सदस्यीय पीठ ने कहा कि एस्सार स्टील की समाधान योजना पर कोई रोक नहीं है और मिलने वाले फंड को कंपनी को कर्ज देने वालों के बीच बांटा जाएगा।
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants-hindi/19328-2019-03-19-05-53-34
#EssarSteel #NCLAT #ArcelorMittal #IBBI


69th Lindau Nobel Laureate Meeting
A research scholar from Indian Institute of Technology (IIT) Delhi, Mohammad Adnan, has been selected for the 69th Lindau Nobel Laureate Meeting taking place in Lindau, Germany this year. Adnan is currently a doctoral student under the supervision of professor G Vijaya Prakash, Nanophotonics Labs, Department of Physics, IIT Delhi.
Adnan is among 42 other researchers selected for this year’s Lindau Nobel Laureate meeting who would interact with 600 most qualified young scientists from around the globe. This is an excellent opportunity where 600 most young talented research students from 88 countries around the world are selected to interact with the Nobel laureates from the world, Adnan.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/19334-69th-lindau-nobel-laureate-meeting
#Nobel #Germany #IIT #LindauNobel #India #DST

NCLAT allows implementation of ArcelorMittal's resolution
National Company Law Appellate Tribunal (NCLAT) on 18 March 2019 allowed implementation of ArcelorMittal's Rs 42,000 crore resolution plan for Essar Steel sale subject to final order. However according to some reports, Essar may challenge the order in the Supreme Court. National Company Law Appellate Tribunal had refused to stay National Company Law Tribunal's (NCLT) Ahmedabad bench order approving steel giant ArcelorMittal's Rs 42,000 crore takeover bid for Essar Steel and sought had a fresh plan for the distribution of bid amount between financial and operational creditors of the debt-laden firm.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/19333-nclat-allows-implementation-of-arcelormittal-s-resolution
#EssarSteel #NCLAT #ArcelorMittal #IBBI

Dormant viruses reactivate during space travel
Space travel caused herpes viruses to reactivate in more than half of crew aboard Space Shuttle and International Space Station (ISS), according to a NASA study, a finding that could jeopardise mankind’s future missions to Mars and beyond. While only a small proportion develops symptoms, virus reactivation rates increase with spaceflight duration and could present a significant health risk on future missions. NASA astronauts endure weeks or even months exposed to microgravity and cosmic radiation — not to mention the extreme G forces of take-off and re-entry, said Satish K Mehta at NASA’s Johnson Space Center.
Read More: https://www.ksgindia.com/index.php/study-material/news-for-aspirants/19332-dormant-viruses-reactivate-during-space-travel
#ISS #NASA #HSV #VZV #CMV #Space

World’s richest sports team owner
Relian

Vikram undergoes de-orbit manoeuvre
Chandrayaan 2’s moon lander Vikram underwent the first of two ‘de-orbiting’ manoeuvres on 3 September 2019 morning. The four-second operation performed from ISRO’s Bengaluru control centre has slightly trimmed the lander’s orbit towards its destination.
Read More: http://www.ksgindia.com/index.php/study-material/news-for-aspirants/21382-vikram-undergoes-de-orbit-manoeuvre
#Vikram #Chandrayaan2 #OHRC #DEM #ISRO #Forging #orbit

Pakistan skips UN summit in India
A 12-day UN meet on combating desertification, land degradation and drought opened at Greater Noida on 2 September 2019 with India taking over presidency of the Conference of Parties (COP) from China for next two years while its neighbour Pakistan skipped it despite being invited by the global body.
Read More: http://www.ksgindia.com/index.php/study-material/news-for-aspirants/21381-pakistan-skips-un-summit-in-india
#Pakistan #COP #UNCCD #ISRO #Pakistani #India

Caused of mass extinctions found
Around 420 million years ago, a devastating mass extinction event, known as Lau/Kozlowskii extinction, wiped around 23 per cent of all marine animals from the Earth in the late prehistoric Silurian Period.
Read More: http://www.ksgindia.com/index.php/study-material/news-for-aspirants/21380-caused-of-mass-extinctions-found
#FSU #Kozlowskii #Earth #mass #extinctions

Apache AH-64E inducted in IAF
The Indian Air Force (IAF) has formally inducted eight of the 22 AH-64E Apache helicopters at the Air Force Station, Pathankot. The Boeing AH-64E Apache helicopters, which are expected to improve battlefield attack capabilities for the IAF, were inducted by Air Chief Marshal BS Dhanoa.
Read More: http://www.ksgindia.com/index.php/study-material/news-for-aspirants/21379-apache-ah-64e-inducted-in-iaf
#IAF #AH64E #Pathankot #AirForceStation #BSDhanoa #helicopters #MoD

CIMON returns to Earth
The Crew Interactive Mobile CompaniON (CIMON), which is the first artificial intelligence (AI)-based astronaut assistance system returned to Earth after spending over a year on the International Space Station (ISS).
Read More: http://www.ksgindia.com/index.php/study-material/news-for-aspirants/21378-cimon-returns-to-earth
#CIMON #ISS #DLR #ESA #Germany #artificialintelligence #IBM

Mithali Raj retired from T20
Former captain Mithali Raj announced her retirement from the shortest format of the game on 3 September 2019 after having led the Indian women’s cricket team in 32 T20 matches including three World Cups in 2012 (Sri Lanka), 2014 (Bangladesh) and 2016 (India).
Read More: http://www.ksgindia.com/index.php/study-material/news-for-aspirants/21377-mithali-raj-retired-from-t20
#MithaliRaj #T20 #ECB #Bangladesh #Indianwomen #CricketTeam

India in WDCR 2019
India has advanced four places to 44th position in terms of digital competitiveness in the world as the country has made improvement in terms of knowledge and future readiness to adopt and explore digital technologies, according to a global report.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21577-india-in-wdcr-2019.html
#WDCR #India #IMD #telecommunications #WorldCompetitivenessCenter

IBSA call for reforms at international fora
India along with other members of the IBSA bloc has reaffirmed its commitment to promote reforms in all international organisations, including the UN, World Trade Organisation and G20 to achieve more "inclusive, and responsive" international governance architecture.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21576-ibsa-call-for-reforms-at-international-fora.html
#IBSA #G20 #internationalfora #BRICS #UNSC #WTO #G77

G-4 for UNSC reform
Expressing concern on the lack of progress, India, along with Japan, Germany and Brazil, pitched for an “enhanced role of developing countries” as it pushed for United Nations Security Council reforms.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21575-g-4-for-unsc-reform.html
#G4 #UNSC #IGN #UNGA #Australia #UnitedNations

Vikram lander had a hard landing
America’s space agency NASA released high-resolution images of the lunar south pole region where ISRO’s Chandrayaan 2 attempted soft-landing.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21574-vikram-lander-had-a-hard-landing.html
#Vikram #NASA #LROC #ISRO #Chandrayaan2 #LRO

Prehistoric ‘baby bottles’ unearthed
Researchers have discovered ancient ceramic drinking vessels in Bavaria that give unprecedented insight into how prehistoric humans used milk to feed infants. Some of the vessels are shaped like animals.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/21573-prehistoric-baby-bottles-unearthed.html
#Prehistoric #babybottles #Bavaria #IronAge #Germany

Global Climate Risk Index 2020
India is the fifth most vulnerable country to climate change, according to a report released by Environment think tank, Germanwatch.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22280-global-climate-risk-index-2020.html
#GCRI #COP25 #GlobalClimate #RiskIndex2020 #Germany

Parliament okays corporate tax cut
Parliament on 5 December 2019 approved the Taxation Laws (Amendment) Bill, 2019 that replaces an ordinance promulgated to cut the base corporate tax rate, with Finance Minister Nirmala Sitharaman stating that mining companies, software developers and book printers will not be eligible for the lower 15 per cent rate available for new manufacturing companies.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22279-parliament-okays-corporate-tax-cut.html
#Parliament #corporate #tax #Amendment #NirmalaSitharaman #FDI

India, 6 others object to restrictions on services trade
India led seven countries at the World Trade Organization (WTO) in objecting to some nations trying to bring in rules to erect barriers to services trade and cross-border movement of professionals through qualification and licensing requirements, and technical standards.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22278-india-6-others-object-to-restrictions-on-services-trade.html
#India #WTO #WPDR #restrictions #EuropeanUnion

India in World Malaria Report 2019
Seven states account for about 90% of the burden of malaria cases in India, according to the World Malaria Report 2019 released by the World Health Organization (WHO).
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22277-india-in-world-malaria-report-2019.html
#India #WorldMalariaReport2019 #WHO #malaria

Parker spacecraft unlocks solar mystery
NASA's Parker Solar Probe -- which has flown closer to the Sun than any spacecraft ever -- has beamed back the first observations from its close encounter with the Sun, revealing a "spectacular trove" of data about the solar wind and space weather, the US space agency said.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22276-parker-spacecraft-unlocks-solar-mystery.html
#spacecraft #NASA #spacecraft #solarmystery #Sun #spectaculartrove

Govt amends Army rules for CDS
The stage is now set for the government to announce the name of the country’s first-ever chief of defence staff (CDS), with the Army Rules of 1954 being amended to allow the tri-Service chief to serve till the age of 65.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22436-govt-amends-army-rules-for-cds.html
#CDS #Navy #IAF #BipinRawat #COSC #NarendraModi

Dadasaheb Phalke Award
President Ram Nath Kovind on 29 December 2019 presented megastar Amitabh Bachchan with the Dadasaheb Phalke Award, Indian cinema’s highest honour, in a special ceremony at the Rashtrapati Bhawan.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22435-dadasaheb-phalke-award.html
#DadasahebPhalkeAward #Mohabbatein #PrakashJavadeka #RamNathKovind #RashtrapatiBhawan

MOSPI constitutes committee
A high-level panel under India’s first chief statistician Pronab Sen will review and develop the country’s surveys on employment, industry and services sector amid criticism of official statistics.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22434-mospi-constitutes-committee.html
#MOSPI #SCES #India #PronabSen #GDP #independence

India may surpass Germany in 2026
India is expected to overtake Germany to become the fourth-largest economy in 2026 and Japan to become the third largest in 2034, according to a recent report by the UK-based Centre for Economics and Business Research (CEBR).
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22433-india-may-surpass-germany-in-2026.html
#Germany #CEBR #GDP #PabloShah #China #NarendraModi

Sea Guardians-2020
China and Pakistan on January 14 concluded a nine-day mega naval exercise during which they carried out advance-level joint drills and naval maneuvers in the North Arabian Sea.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22637-sea-guardians-2020.html
#SeaGuardians #China #CPEC #IndianNavy #Pakistan

India, Uzbekistan explore PTA
India and Uzbekistan agreed to work towards early conclusion of the Feasibility Study to be jointly conducted by the two sides to begin negotiations for a Preferential Trade Agreement.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22636-india-uzbekistan-explore-pta.html
#India #PTA #SCO #WTO #GSP #Uzbekistan #Kamilov

Iran Nuclear-deal dispute action
Britain, France and Germany have launched action under the Iran nuclear agreement paving the way for possible sanctions in response to Tehran’s attempts to roll back parts of the deal, European Union foreign policy chief Josep Borrell said.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22635-iran-nuclear-deal-dispute-action.html
#Iran #Nuclear #Germany #disputemechanism #JosepBorrell


First ever ethnic group in US census
Sikhs in the US will be counted as a separate ethnic group in the 2020 census, an organisation of the minority community said, describing it as a milestone. President of the Sikh Society of San Diego Baljeet Singh said that the Sikh community's efforts have come to fruition.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22634-first-ever-ethnic-group-in-us-census.html
#US #census #Sikhs #BaljeetSingh #SikhsOfAmerica

Oldest solid material on Earth discovered
Scientists have discovered the oldest solid material ever found on the Earth, in the form of stardust trapped inside a meteorite that crashed into Australia 50 years ago and predates the formation of our solar system.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/22633-oldest-solid-material-on-earth-discovered.html
#Earth #Australia #PNAS #Chicago #galaxy #babyboom

'World number one' spot in green hydrogen

Germany on 10 June 2020 said it aimed to become the world's "number one" in green hydrogen

https://www.ksgindia.com/study-material/news-for-aspirants/23929-world-number-one-spot-in-green-hydrogen.html
#greenhydrogen # hydrogen #germany #covid19

Germany 30th reunification anniversary
Germany is marking the 30th anniversary of its reunification on 3 October 2020, drawing a generally positive picture of the progress made in knitting together east and west amid celebrations that are low-key because of the coronavirus pandemic.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/26296-germany-30th-reunification-anniversary.html
#Germany #30threunificationanniversary #UPSCOnlineClasses #OnlineClassses #IASOnlineclasses

Scientists return from the Arctic
An icebreaker carrying scientists on a year-long international effort to study the high Arctic has returned to its home port in Germany carrying a wealth of data that will help researchers better predict climate change in the decades to come.
Read More: https://www.ksgindia.com/study-material/news-for-aspirants/26529-scientists-return-from-the-arctic.html
#Scientists #Arctic #Germany #icebreaker #UPSCOnlineClasses #OnlineClassses #IASOnlineclasses

KSG Podcast - The Minsk agreements | best daily editorial analysis for upsc aspirants
https://www.youtube.com/watch?v=TYRT4YRudL8&list=PLCUwtp5IghZmJBi1h7xiAhsORKmmumVsR
#UPSCOnlineClasses #OnlineClassses #IASOnlineclasses

Watch: KSG EXPLAINER | Ink agreement for cooperation in agro-ecology | GS Paper - 2 International Relations
https://www.youtube.com/watch?v=mMFvW1wDX_0

Watch: KSG Explainer | India in World Press Freedom Index 2022 #upsc #iascoaching #ksgindia
https://www.youtube.com/watch?v=iCq9sRI4Xvc

KSG Podcast - The Minsk agreements | best daily editorial analysis for upsc aspirants
https://www.youtube.com/watch?v=TYRT4YRudL8&list=PLCUwtp5IghZmJBi1h7xiAhsORKmmumVsR&index=64
#UPSCOnlineClasses #OnlineClassses #IASOnlineclasses

Today's Headlines - 04 August 2023
The crypto project WorldCoin
GS Paper - 3 (Economy)

A new cryptocurrency project called WorldCoin, from OpenAI CEO Sam Altman, has claimed over 2 million sign-ups across the world after its official launch on 24 July 2023. OpenAi was the company behind the AI chatbot ChatGPT.

What differentiates WorldCoin from many existing cryptocurrencies?

It is its use of biometrics. Its unique method of sign-up, involving scanning of irises, has rung alarm bells in countries such as France, Germany and Kenya.
India also has at least 17 sign-up locations – mostly at Delhi Metro stations in the NCR region and a few in Bengaluru. In comparison, the United States has 10 locations and Japan has three locations, according to the WorldCoin website.

What is WorldCoin?

The Worldcoin protocol is intended to be the world’s largest identity and financial public network, open to everyone regardless of their country, background or economic status.
WorldCoin wants to offer users an account that only “real humans” can get, through what it calls a “World ID”.
For this, a customer has to sign up and do in-person eyes scan at particular locations, where their irises would be scanned through a ball-like object called an ‘orb’.
Once the orb’s iris scan verifies the person is a real human, it creates a World ID for them.
The reasoning given here is that biometric data would help differentiate between humans and Artificial Intelligence systems and prevent duplication of IDs from the same person.
It can then be used as an ID in a variety of everyday applications – such as a cryptocurrency wallet – without revealing the user’s identity.
The project has three aspects: a World ID or a digital identity for “proving an individual’s unique personhood,” a Worldcoin token (WLD) that is its cryptocurrency, and a World App that enables “payment, purchases and transfers globally using digital assets and traditional currencies.”
It says that creating a World ID (through the orb scanning) is not essential for accessing the app or tokens. But it provides certain incentives for doing so.

Who owns WorldCoin?

San Francisco and Berlin-based company Tools for Humanity is behind WorldCoin. Altman is its Co-Founder and Alex Blania is its Co-Founder and CEO.
The company’s website simply states that it is a technology company that was built to ensure a “more just economic system”, and re-directs visitors to the WorldCoin website.
The Worldcoin can help address how the economy will be reshaped by generative AI technology.

#upsc #news #headline #crypto #project #worldcoin #economy #world #chatGPT #OpenAi #currencies #germany #kenya #delhimetro #US #japan #location #financial #worldID #human #intelligence #technology #visitors #humanity #berlin #francisco #CEO

Today's Headlines - 16 August 2023
Isro’s space probe to study the Sun
GS Paper - 3 (Space Technology)

The Indian Space Research Organisation (Isro) released images of the Aditya-L1 mission — the space agency’s first attempt to study the Sun. The satellite has reached the Satish Dhawan Space Center (SDSC) in Sriharikota, Andhra Pradesh, for its integration with the launch vehicle, PSLV.

What is the Aditya-L1 mission?

The Aditya-L1 will observe the Sun from a close distance, and try to obtain information about its atmosphere and magnetic field.
It’s equipped with seven payloads (instruments) on board to study the Sun’s corona, solar emissions, solar winds and flares, and Coronal Mass Ejections (CMEs), and will carry out round-the-clock imaging of the Sun.

Why is studying the Sun important?

Every planet, including Earth and the exoplanets beyond the Solar System, evolves — and this evolution is governed by its parent star.
The solar weather and environment affect the weather of the entire system. Variations in this weather can change the orbits of satellites or shorten their lives, interfere with or damage onboard electronics, and cause power blackouts and other disturbances on Earth. Knowledge of solar events is key to understanding space weather.
To learn about and track Earth-directed storms, and to predict their impact, continuous solar observations are needed.
Every storm that emerges from the Sun and heads towards Earth passes through L1, and a satellite placed in the halo orbit around L1 of the Sun-Earth system has the major advantage of continuously viewing the Sun without any occultation/eclipses.
L1 refers to Lagrangian/Lagrange Point 1, one of five points in the orbital plane of the Earth-Sun system. Lagrange Points, named after Italian-French mathematician Josephy-Louis Lagrange, are positions in space where the gravitational forces of a two-body system (like the Sun and the Earth) produce enhanced regions of attraction and repulsion.
These can be used by spacecraft to reduce fuel consumption needed to remain in position. The L1 point is home to the Solar and Heliospheric Observatory Satellite (SOHO), an international collaboration project of NASA and the European Space Agency (ESA).
The L1 point is about 1.5 million km from Earth, or about one-hundredth of the way to the Sun. Aditya L1 will perform continuous observations looking directly at the Sun.
NASA’s Parker Solar Probe, launched in 2018, has already gone far closer — but it will be looking away from the Sun.
The earlier Helios 2 solar probe, a joint venture between NASA and the space agency of erstwhile West Germany, went within 43 million km of the Sun’s surface in 1976.

#upsc #news #headline #ISRO #study #sun #space #technology #india #space #research #technology #aditya #mission #SDSC #satishdhawanspacecenter #srihorikota #andhrapradesh #PSLV #distance #magnetic #corona #solar #planet #weather #earth #repulsion #gravitational #forces #fuel #SOHO #NASA #germany #surface

Today's Headlines - 08 September 2023
G20 agrees to give African Union membership
GS Paper - 2 (International Relations)

Group of 20 nations agreed to grant the African Union permanent membership status, and leaders are expected to announce the decision during a summit in India. The move would give the 55-member African Union, which is currently classified as an “invited international organization,” the same status as the EU. It’s part of a drive to provide African countries with a stronger voice on global issues such as climate change and emerging-market debt, particularly as emerging markets in the so-called Global South take on a more prominent role in world affairs.

More about the News

Prime Minister Narendra Modi, who is hosting the G20 summit, has made it a priority to grant the African Union full membership.
Countries like Germany, Brazil, and Canada have also expressed their support for African Union membership to the G20.
The G20 or Group of 20 is an intergovernmental forum of the world's major developed and developing economies.
The members represent around 85% of global GDP, over 75% of global trade, and about two-thirds of the world population.
The European Union is keen to take some credit for the G20 step. Leaders from the bloc plan to hold a high-level meeting with African leaders on the sidelines of the summit, which is being skipped by Chinese President Xi Jinping and Russian leader Vladimir Putin.
Dubbed a “mini-summit,” the Europe-Africa meeting will include a discussion of the consequences of Russia’s war against Ukraine on global food security — a situation that threatens to escalate after Putin refused to revive a UN-backed deal to allow grain shipments after talks with Turkish President Recep Tayyip Erdogan.
Other topics include efforts to reform the global financial architecture, improving conditions for private investments and infrastructure projects in Africa, as well as the situation in the Sahel region.
Flashback
The African Union (AU) is a continental body consisting of the 55 member states that make up the countries of the African Continent.
It was officially launched in 2002 as a successor to the Organisation of African Unity (OAU, 1963-1999).

#upsc #news #headline #G20 #African #union #membership #internationalrelations #20nations #leaders #climatechange #market #organization #global #south #news #primeminister #NarenderaModi #G20Summit #germany #brazil #canada #intergovermentalforum #GDP #world #population #european #vladimirputin #projects #AU #55members #unity

Today's Headlines - 11 September 2023
India-Middle East-Europe mega economic corridor
GS Paper - 2 (International Relations)

Prime Minister Narendra Modi announced the launch of the India-Middle East-Europe mega economic corridor. The project includes India, the UAE, Saudi Arabia, the European Union, France, Italy, Germany and the US.

What is the project?

The rail and shipping corridor is part of the Partnership for Global Infrastructure Investment (PGII) — a collaborative effort by G7 nations to fund infrastructure projects in developing nations. PGII is considered to be the bloc’s counter to China’s Belt and Road Initiative.
The project will aim to enable greater trade among the involved countries, including energy products.
It could also be one of the more ambitious counters to China’s massive infrastructure program, through which it has sought to connect more of the world to that country’s economy, AP said.
The corridor will include a rail link as well as an electricity cable, a hydrogen pipeline and a high-speed data cable, according to a document prepared by European Commission President Ursula von der Leyen.
The document also called the project “a green and digital bridge across continents and civilizations.”
Why is the project being proposed?

First, it would increase prosperity among the countries involved through an increased flow of energy and digital communications.
Second, the project would help deal with the lack of infrastructure needed for growth in lower- and middle-income nations.
Third, it could help “turn the temperature down” on “turbulence and insecurity” coming out of the Middle East

#upsc #headline #news #india #middle #East #Europe #mega #economic #corridor #international #relations #UAE #saudiarabia #europeanunion #france #Itlay #germany #US #project #rail #PGII #China #BELT #Road #intiative #ountries #trade #hydrogen #pipeline #speed #data #cable #civilizations #infrastructure #income #nations #turbulence #insecurity #prosperity