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PRELIMS FACTS 15-05-2018

FACT # 1



Why in news? Union Government has fully launched Green Skill Development Programme (GSDP).
Green Skill Development Programme (GSDP):

  • The Government has taken up an initiative for skill development in the environment and forest sector.
  • It is done so to enable India’s youth to get gainful employment and/or self-employment, called the Green Skill Development Programme (GSDP).
  • The programme aims to develop green skilled workers having technical knowledge and commitment to sustainable development to attain
    • Nationally Determined Contributions (INDCs)
    • Sustainable Development Goals (SDGs)
    • National Biodiversity Targets (NBTs)
  • GSDP has been conceptualized and developed by MoEF&CC in consultation with National Skill Development Agency (NSDA).
  • It aims to train over 5.5 lakh workers in environment and forest sectors in the country through 30 courses by 2021.
  • The ministry will take up skill development of youth in the environment and forest sectors through 30 courses.
  • It will do so through its Environment Information System (ENVIS) hubs and resource partners as well as other institutions across the country.
  • The certificate courses, having duration of 80 hours to 560 hours, will be open for admission from July.
  • The app can be used for more information and applying to the courses.
  • Many of these course are open for admission to 10th and 12th dropouts.
  • The bouquet of courses include:
    • river Dolphin conservator
    • water budgeting and auditing
    • forest fire management
    • management of small botanical gardens
    • propagation and management of bamboo
    • bird identification and basic ornithology
    • city environment surveyors, etc.

FACT # 2


Why in news? The fourth meeting of SWAEN was held at Kolkata recently.


South Asia Wildlife Enforcement Network:

  • South Asia Wildlife Enforcement Network (SAWEN) is an inter-governmental wildlife law enforcement support body of South Asian countries namely:
    • Afghanistan
    • Bangladesh
    • Bhutan
    • India
    • Maldives
    • Nepal
    • Pakistan
    • Sri Lanka
  • SAWEN was officially launched in January, 2011 in Paro Bhutan.
  • It promotes regional cooperation to combat wildlife crime in South Asia.
  • It focuses on:
    • policy harmonization
    • institutional capacity strengthening through knowledge and intelligence sharing
    • collaboration with regional and international partners to enhance wildlife law enforcement in the member countries
  • SAWEN operates its activities from the Secretariat based in Kathmandu, Nepal.

SWAEN 2018:

  • The fourth meeting of SAWEN was held in Kolkata, West Bengal.
  • It was first meeting of SAWEN to be held in India since its inception in 2011.
  • Participating countries also adopted many resolutions to curb wildlife crime in the region.
  • They agreed on having operational framework for strengthening the regional body to combat wildlife crime.

FACT # 3



Why in news? Chinese state run bank has launched its first India dedicated fund.


Credit Suisse India Market Fund:

  • A state-run Chinese bank Industrial and Commercial Bank of China (ICBC), has launched the country’s first India-dedicated publicly offered investment fund.
  • The main reason is that the Indian market offers the best opportunity for Chinese investors due to the prospects of double-digit growth.
  • The fund is named the Industrial and Commercial Bank of China (ICBC) Credit Suisse India Market Fund.
  • It will invest in exchange-traded funds listed on more than 20 exchanges in Europe and the U.S. that are based on the Indian market.
  • It is China’s first publicly offered fund for investing in India.
  • The fund will invest in the future of the Indian economy and track the distribution of the industrial structure across the Indian market.
  • If estimated by purchasing power parity, India’s GDP is already close to seven per cent of the world.
  • The bank listed sectors for investments specifically, in terms of the major industries weighted distribution of the index.
  • The industries (in investment proportion order) are as follows:
    • financial industry
    • information technology
    • alternative consumption
    • energy
    • essential consumption
    • raw materials
    • medicine
    • healthcare
  • Recent research indicates that the Indian market is one of the best-performing markets in the world due to ongoing reforms, macroeconomic improvement and enhanced profitability.

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