GS Paper I- History and Geography of the World.
Delhi India’s Largest, Asia’s Fastest Growing City.
- Delhi will have the fastest growth of any city in Asia, with the economy of the city-state likely to become almost 50% larger in 2021 than it was at the end of last year (2016).
- Indian cities are set to expand the most across the Asian region, with growth speeding up from the past five years, according to a new study from Oxford Economics, which has ranked Asia’s 30 largest cities.
- With financial and business services projected to be the fastest growing sector in India, the capital’s dominance in this industry will lead to higher growth and higher incomes.
Highlights Of The Development–
- In the short term, this is conducive to strong growth in Delhi’s professional services sector, as overseas investors seek advice on possible deals, while in the long term, it should mean steady income streams for such businesses.
- China’s expansion is likely to slow, although the largest five cities there will still be recording growth rates of 6% or more. There will be a slight slowdown across the region amid moderating import demand from China, with growth expected to average 4.2% per year over the next five years up to 2021, down from 4.5% in 2012-2016.
- Even so, that growth is still much faster than in the developed economies and cities in the region -and that’s a big opportunity for companies. Starbucks Corp plans to almost double the number of stores it has in mainland China by 2021, while McDonald’s Corp plans to add 2,000 new restaurants over the same period.
- However, there are significant differences across the Asian region. Japanese cities are likely to remain at the bottom of the growth table amid a challenging demographic outlook, with Osaka last in the rankings as its working-age population falls by approximately 1% per year, the report said.
- Tianjin is forecast to clock the fastest growth in China, given that it has a large manufacturing base and one of the nation’s busiest ports. However, as the services sector expands, the manufacturing and shipping industries may prove to be less supportive in future.
- Ho Chi Minh, the largest metro in Vietnam, was the only non-Indian city in the top five, reflecting the city’s success in establishing itself as a manufacturing centre, as well as its strong services sector.
Sources- The Times Of India.
GS Paper II- Governance, Polity.
Government Launches New Video Of National Anthem In Sign Language Starring Amitabh Bachchan
- India is all set to celebrate the 70th Independence Day on August 15, 2017 and in the week leading to the grand occasion, the government has released a new video of the national anthem.
- The video, which features Amitabh Bachchan, is a step taken to ensure inclusivity and preserve diversity. Shot against the backdrop of the Red Fort, the national anthem has been sung along with sign language and features a lot of specially-abled children.
Highlights Of The Development-
- Union Minister Mahendra Nath Pandey on 10th August, 2017 launched a new video of the National Anthem in sign language and said the government addressed the physically challeged “divyang” and not “viklang” to ensure there was no distinction.
- “This is a proud moment for us that the National Anthem has been produced in sign language for those who depend on it. We used to refer to people falling in the category as disabled (viklang), but now the government has modified the definition to divyang,” the Minister of State for Human Resource Development said.
- The 3.35 minute video, directed by Govind Nihalani, stars Bollywood star Amitabh Bachchan along with physically challenged children performing the anthem in sign language with the Red Fort in the background.
- The background score has been composed by Bollywood music composer, late Aadesh Shrivastava, and that makes it special for another reason. The 3:35-minute video was conceptualised by Satish Kapoor, founder-director, We Care Film Festival.
- The beautiful video, released by the Ministry of Human Resource Development, has been earning quite a lot of compliments online.
- Union Minister Mahendra Nath Pandey told that India is an ancient country and sign language has been used since ancient times.
- United Nations Information Centre for India and Bhutan Director Derek Segaar and BJP National Spokesperson Sudesh Verma were also present on the occasion.
Sources- The Indian Express.
GS Paper III- Economic Development.
Odisha Govt And Facebook Launches ‘SheMeansBusiness’ Programme To Train Women Entrepreneurs.
- Chief minister Naveen Patnaik on 10th August, 2017 launched ‘She Means Business’ programme of Facebook for women entrepreneurs in Odisha.
- Under the scheme 25, 000 women entrepreneurs and self-help group (SHG) members will be given training on digital marketing skills within next one year.
- Odisha government’s partnership with Facebook aimed to reduce the digital divide and empower nearly 25,000 women entrepreneurs and SHGs.
Key Points Of The Development-
- Around 1100 women entrepreneurs and SHG members from across Odisha attended the training session where they learnt basic nuances of digital marketing like how to start your business in Facebook, how to make it real-time business, quick response to queries and timely delivery, quality assurance and so on.
- Facebook will also make a database of entrepreneurs in the state and will monitor their growth, turnover and profit after one year, while success stories among them will be highlighted to inspire others, said MSME secretary L N Gupta.
- Women entrepreneurs will get hands on training on digital marketing free of cost and they need not create their website to promote their business. The platform will also facilitate vertical integration.
- As many as 201 million monthly active people on Facebook in India on their mobile and 57% of people on Facebook in India are connected to at least one small business. Moreover, 1.99 billion interactions generated between businesses and people in India through Facebook. Number of new women-owned small and medium business pages on Facebook in India has increased approximately six-fold in the last four years (between 2012 and 2015).
- Ankhi Das, Public policy director of Facebook-India said that through Facebook’s #SheMeansBusiness, they hope to inspire more women across the country, including in Odisha, to take the leap – and help close the gap on that untapped opportunity for millions more women and in turn ensure India’s economy remains strong and thrives.
- Among others MSME minister Prafulla Samal, chairman Odisha Skill Development Authority Subroto Bagchi, chief secretary Aditya Padhi and director of Mission Shakti Sujata Kartikeyan were present on the occasion.
Sources- The Times Of India.