14 June 2023 : Daily Current Affairs
DAILY CURRENT AFFAIRS
14-June-2023
Daily Current Affairs For UPSC ,Daily Current affairs of The hIndu and Indian Express.
1. HAP to take AI governance global
Topic: GS3 – Science and technology.
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The Hiroshima AI Process (HAP) was initiated during the G-7 Summit in Hiroshima, hosted by Japan.
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It aims to determine a way forward to regulate Artificial Intelligence (AI) and advance international discussions on inclusive AI governance.
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The HAP is organized through a G-7 working group and involves collaboration with international organizations such as the OECD and the Global Partnership on AI (GPAI).
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The process emphasizes aligning AI development with values such as freedom, democracy, and human rights, as well as fairness, accountability, transparency, and safety.
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It acknowledges the importance of multi-stakeholder involvement and fair and transparent processes in AI regulation.
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The HAP faces challenges due to divergent views among G-7 countries regarding AI regulation.
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It can help develop a common understanding on regulatory issues while allowing for some divergence based on shared norms, principles, and guiding values.
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The HAP can address specific issues like intellectual property rights (IPR) and provide guidance on the use of copyrighted materials in AI, such as datasets for machine learning.
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It doesn’t aim to harmonize policies but rather seeks to work with others and develop interoperable AI governance frameworks.
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The establishment of the HAP reflects the global nature of AI governance and the potential for future processes from countries outside the G-7.
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2. India, U.S. to diversify semi-conductor supply chain: Sullivan
Topic: GS2 – International relations.
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Ajit Doval, India’s National Security Adviser, and Jake Sullivan, U.S. National Security Adviser, met in New Delhi to discuss regional and global issues.
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Sullivan attended a round table on “Advancing India-U.S. initiative on critical and emerging technologies (iCET)” organized by the Confederation of Indian Industry (CII).
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Sullivan mentioned that India and the U.S. aim to diversify global semiconductor supply chains and lead in clean energy transformation, AI, advanced computing, biotech, and quantum computing.
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Ajit Doval highlighted the establishment of a Strategic Trade Dialogue between India and the U.S. to address regulatory barriers and export control issues.
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iCET is seen as an important pillar of the bilateral strategic partnership between India and the U.S.
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3. UN needs to be more democratic and representative: Defence Minister
Topic: GS2 – International relations.
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Defence Minister Rajnath Singh stated that the United Nations and its bodies need to be more democratic and representative of the current realities of the world.
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Defence Minister Rajnath Singh stated that the United Nations and its bodies need to be more democratic and representative of the current realities of the world.
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Singh expressed concern that India, being the most populous nation, has not been granted a permanent seat on the United Nations Security Council (UNSC), which undermines the moral legitimacy of the UN.
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India has been a major contributor to UN peacekeeping operations, having provided approximately 275,000 troops to missions so far.
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Singh called for innovative approaches and increased cooperation among responsible nations to ensure the safety and effectiveness of UN peacekeepers deployed in conflict zones.
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He emphasized the need to invest more in training, technology, and resources to enhance the safety and productivity of peacekeepers.
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Army chief General Manoj Pande highlighted that India currently has nearly 5,900 peacekeepers serving on various UN missions worldwide, including female engagement teams and women staff officers.
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A pictorial compilation of India’s peacekeeping journey was unveiled by Rajnath Singh during the event.
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4. Blinken says economic ties centre of India-U.S. strategic partnership
Topic: GS2 – International relations.
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U.S. Secretary of State Antony Blinken highlighted the importance of economic ties in the Indo-U.S. strategic partnership ahead of Prime Minister Narendra Modi’s state visit to the United States.
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Blinken stated that the economic ties between the two countries are growing stronger, with trade reaching a record $191 billion last year, making the U.S. India’s largest trading partner.
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American companies have invested over $54 billion in India, while Indian companies have invested over $40 billion in the U.S., supporting hundreds of thousands of jobs.
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The historic purchase of more than 200 Boeing aircraft by Air India was mentioned as an example of the economic cooperation between the two countries.
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Blinken emphasized the significance of the Indo-U.S. relationship as the world’s oldest and largest democracies, with a shared responsibility to deliver for their citizens.
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He mentioned India’s participation in the Indo-Pacific Economic Framework, focusing on resilient supply chains, clean energy opportunities, and combating corruption.
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The U.S. and India are working together to shape future innovations and establish norms in areas such as artificial intelligence and quantum computing.
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The U.S.-India Business Council (USIBC) has played a role in promoting collaboration, including the inauguration of a new Initiative on Critical and Emerging Technologies in January.
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Blinken expressed optimism about the trajectory of the Indo-U.S. partnership, emphasizing its promise for the future.
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5. Disinflation to be slow and long: Das
Topic: GS3 – Indian economy.
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Reserve Bank of India (RBI) Governor Shaktikanta Das stated that the disinflation process in India will be slow and protracted, and it is unlikely that the 4% inflation target will be achieved in the near term.
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The impact of the RBI’s monetary policy actions over the past year is still unfolding and has not fully materialized.
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The inflation projection for the current financial year 2023-24 is 5.1%, which is lower but still above the target.
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The RBI’s monetary policy committee (MPC) aims to bring down inflation to 4% over the medium term and maintain it between 2% and 6% over the long term.
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Retail inflation in India eased to 4.25% in May from 4.7% in April, but analysts expect inflation to remain sticky in the coming months.
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The disinflation process is expected to take time, and achieving the 4% inflation target will likely happen over the medium term.
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Governor Das highlighted the importance of considering growth concerns and the demographic dividend in India, as the country has a significant addition to its workforce each year.
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The RBI’s pause in rate increases in April and June should not be interpreted as a pivot or a definitive change in policy direction.
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Maintaining the stability of the Indian financial system is crucial for monetary policy conduct, as financial instabilities can hinder economic growth and transmission of monetary policy.
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6.Lightning, blamed for Canada fires, will get worse in a warming world
Topic: GS3 – environmental disasters.
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New York City experienced poor air quality due to smoke from wildfires in Canada, which also affected other parts of the North American continent.
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Canada has been facing wildfires in provinces like British Columbia, Alberta, Quebec, Ontario, and Nova Scotia.
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Lightning and human activities are the main causes of these wildfires, with lightning being identified as a significant precursor to natural wildfires.
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Long-term changes in lightning patterns are influenced by the climate crisis, and lightning also produces nitrogen oxides that contribute to the formation of ozone, a greenhouse gas.
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In India, lightning strikes have become a deadly natural disaster, with a significant increase in strikes reported in recent years.
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Lightning-related deaths in India occur mainly because people seek shelter under tall trees during thunderstorms.
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Canada’s Atlantic coast experienced lower snowfall and an unusually dry spring, contributing to the wildfire situation in Nova Scotia.
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