Nobel Peace Prize 2014
The Norwegian Nobel Committee has awarded the 2014 Nobel Peace Prize to Kailash Satyarthi and Malala Yousafzai for their “struggle against the suppression of children and young people and for the right of all children to education.”
The Committee specifically pointed out how commendable it was for “a
Hindu and a Muslim, an Indian and a Pakistani, to join in acommon struggle for education and against extremism”. The Committee also hoped that their fight for the rights of children will contribute to the larger goal of “fraternity between nations” that Alfred Nobel has explicitly mentioned in his will as one of the criteria for awarding the Nobel Peace Prize.
Malala and Satyarthi will be awarded a medal and $1.4 mn at an special ceremony in Oslo.
17 year old Malala Yousafzai is the youngest Nobel Laureate in the history of the prize. She is also the third Nobel laureate who was born in Pakistan. Malala fought for the rights of girl children in Swat Valley, Pakistan to attend school. She was shot by gunmen there, and later moved to Birmingham, UK. Since then, she has published her autobiography, addressed the UNGA, been named one of Time magazine’s most influential people in 2013, and awarded the EU’s Sakharov Prize for human rights.
Kailash Satyarthi
Satyarthi is the eighth Nobel laureate to have been born in India. He is an adherent of Gandhian philosophy. He has upheld Mahatma Gandhi’s
practice of engaging and conducting peaceful protests. He has focused
his agitations against the exploitation of children for financial gain.
He is the founder of the Bachpan Bachao Andolan (Save
the Childhood Movement). Through his NGO, he campaigns for protection of
child rights and to abolish illegal human trafficking.World Bank Launches Global Infrastructure Facility (GIF)
The World Bank (WB) has launched the GIF to specifically cater to the infrastructure
needs of the emerging economies and developing countries. The GIF will
channel money towards bankable infrastructure project in such countries.
GIF also places importance on sustainable development. Its key focus
will be on climate friendly infrastructure investments and projects that will boost trade.
The GIF will collaborate with other international
and multilateral agencies which provide loans and financial assistance
to countries across the globe. It will also help these agencies with its
expertise in financing, supervising and implementing projects. Another
areas where GIF could provide assistance it ensuring that all
regulatory, environmental and social safeguards are met with while
investing in large scale infrastructure projects. GIF will also work
with private entities like asset management companies, private equity
firms, pensions and insurance funds and commercial banks to tap into multiple sources of funding.
The GIF will collaborate with other international
and multilateral agencies which provide loans and financial assistance
to countries across the globe. It will also help these agencies with its
expertise in financing, supervising and implementing projects. Another
areas where GIF could provide assistance it ensuring that all
regulatory, environmental and social safeguards are met with while
investing in large scale infrastructure projects. GIF will also work
with private entities like asset management companies, private equity
firms, pensions and insurance funds and commercial banks to tap into multiple sources of funding.Government sets up ‘Japan Plus’ team
India has set up a ‘Japan
Plus’ management team to follow through on the $35 bn that Japan has
promised to invest in India over a span of five years via PPP and
overseas development assistance. This is a follow through on the
agreements and initiatives agreed to by India and Japan during PM Modi’s
visit to Japan.
Japan is the fourth largest foreign investor in India. It contributes to approximately 8% of India’s total FDI inflows. It is already actively involved in various infrastructure projects in India.
The team will provide the Indian government assistance with respect
to initiating, attracting, facilitating and fast-tracking of Japanese investments
in India. The team will be responsible for all areas of investment
promotion, research, outreach and issues post investment. It will also
help identify areas for Indo-Japan collaboration and viable projects for
Japanese investment.
PM launches Saansad Adarsh Gram Yojana
PM: This scheme will open the door for "good politics"
PM: Rural development should be demand driven, participative
The Prime Minister, Shri Narendra Modi, today launched the Saansad Adarsh Gram Yojana, calling it a scheme that would open the door for good politics, and inviting all MPs to select a village to develop on a demand-driven, rather than a supply-driven model, with people`s participation.
Japan is the fourth largest foreign investor in India. It contributes to approximately 8% of India’s total FDI inflows. It is already actively involved in various infrastructure projects in India.
Responsibilities of the Japan Plus team
The team will provide the Indian government assistance with respect
to initiating, attracting, facilitating and fast-tracking of Japanese investments
in India. The team will be responsible for all areas of investment
promotion, research, outreach and issues post investment. It will also
help identify areas for Indo-Japan collaboration and viable projects for
Japanese investment.
Composition
The team has been set up by DIPP (Department Of Industrial Policy and Promotion) and is operational from October 8. It consists of government officials from both countries. The team will have four Indians and two Japanese, and will be coordinated by Kenichiro Toyofuku from Japan’s Ministry of Economy, Trade and Industry.India-Japan Investment Promotion Partnership
An Indo-Japan Investment Promotion Partnership core group has also been constituted. It will be headed by the Cabinet Secretary and will comprise of the Chairman of Railway Board, Foreign Secretary and secretaries of DIPP, revenue, economic affairs, financial services, urban development, information technology and others. It will coordinate and monitor investments from Japan. Also, it will facilitate investment in various sectors and enable effective transfer of technologies .PM launches Saansad Adarsh Gram Yojana
PM: Rural development should be demand driven, participative
The Prime Minister, Shri Narendra Modi, today launched the Saansad Adarsh Gram Yojana, calling it a scheme that would open the door for good politics, and inviting all MPs to select a village to develop on a demand-driven, rather than a supply-driven model, with people`s participation.
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