1. 2nd Trade and Investment Working Group meeting begins in Bengaluru
Tags: Summits National News
On 23 May, the second Trade and Investment Working Group meeting under the G20 India Presidency began in Bengaluru.
An Overview of the News
It is a three-day meeting and is attended by 75 delegates from G20 countries, invited countries and regional/international organisations.
The objective of the Bengaluru meeting is to address issues related to international trade and investment and seek agreeable solutions.
Union Minister of State for Commerce and Industry Som Prakash inaugurated the seminar.
The meeting discussed reforming the multilateral trading system and finding agreeable solutions for international trade and investment.
An exhibition of Indian Startups is also a part of the event.
The first Trade and Investment Working Group meeting was held in Mumbai.
About the G20
It is an international forum of the world's leading economies established in 1999.
Its primary objective is to promote international financial stability and sustainable economic growth.
The G20 serves as a forum to discuss and coordinate policies related to a wide range of economic and financial issues such as trade, investment, employment, energy and climate change.
Karnataka:
It is a state in southwest India and is bordered by Maharashtra to the north, Goa to the northwest, Andhra Pradesh to the east, Tamil Nadu to the southeast, and Kerala to the southwest.
Bengaluru, the capital of Karnataka, is known as the "Silicon Valley of India" and is a major centre of technology and innovation.
Hampi, located in northern Karnataka, was once the capital of the Vijayanagara Empire and is now a UNESCO World Heritage Site.
Kannada is the official language of Karnataka, although English and Hindi are also widely spoken.
Chief minister - Siddaramaiah
Governor - Thawar Chand Gehlot
Official Animal - Indian Elephant
Official Bird - Indian Roller
Official Dance - Yakshagana
Official Song - Jaya Bharat Jananiya Tanujate
2. Second G-20 Disaster Risk Reduction Working Group meeting begins in Mumbai
Tags: Summits National News
The second meeting of the G-20 Disaster Risk Reduction Working Group (DRRWG)began on 23 May in Mumbai.
An Overview of the News
The objective of the meeting is to reduce the impact of disasters on vulnerable communities.
The meeting aims to identify opportunities and examine creative financing mechanisms for disaster risk reduction.
Government officials, industry experts, private sector representatives and stakeholders from more than twenty countries participated in the three-day meeting.
The meeting is based on the theme of "Financing for DRR" from the first DRRWG meeting held in Gandhinagar.
The Coastal Road Project in Mumbai was discussed during the DRRWG meeting.
About Maharashtra
It is a state located in the western part of India and covers a significant part of the Deccan Plateau.
Chief Minister -Eknath Shinde
Governor - Ramesh Bais
Official Animal - Indian giant squirrel
Official Bird -Yellow-footed Green Pigeon
Official Dance - Lavani
3. Third meeting of G-20, Tourism Working Group begins in Srinagar
Tags: National Summits National News
The third meeting of the G-20, Tourism Working Group began on 22 May in Srinagar, Jammu and Kashmir.
An Overview of the News
The meeting focused on five key priority areas: Green Tourism, Digitization, Skilling, MSME and Destination Management.
The priorities aim to grow the tourism sector and achieve the Sustainable Development Goals by 2030.
The objective of the meeting is to strengthen economic growth, preserve cultural heritage and promote sustainable development.
This is the third meeting of the Tourism Working Group after the previous meetings in Gujarat and West Bengal.
About the G20
It is an international forum of the world's leading economies established in 1999.
Its primary objective is to promote international financial stability and sustainable economic growth.
The G20 serves as a forum to discuss and coordinate policies related to a wide range of economic and financial issues such as trade, investment, employment, energy and climate change.
4. India to host 44th ISO COPOLCO Plenary
Tags: National Summits National News
India will host the 44th edition of the annual ISO COPOLCO Plenary from May 23-26, 2023, by the Ministry of Consumer Affairs, Food and Public Distribution.
An overview of the news
The event to be held in New Delhi will be inaugurated by Commerce and Industry Minister Piyush Goyal.
COPOLCO President Sadie Denton, ISO Secretary General Sergio Mujica and other high ISO officials will also attend the event.
Organized by the Bureau of Indian Standards (BIS), the grand event will include interactive sessions and workshops on relevant topics, apart from various activities aimed at enhancing consumer engagement in the standardization process.
It will also feature a distinguished presence of leaders from government and business sectors, as well as an international delegation of eminent global stakeholders.
About ISO COPOLCO
ISO COPOLCO, known as the Committee on Consumer Policy, is a vital committee under the International Organization for Standardization (ISO).
It is responsible for advocating consumer interests in the standardization process and ensuring that standards are developed with consumers‘ needs in mind.
It provides a forum for the exchange of information and experience on consumer involvement in ISO's international standardization work.
COPOLCO's membership consists of 128 ISO member countries, represented by representatives of these countries' national standards bodies and consumer organizations.
Themes of the Plenary
'Challenges and Good Practices for Consumer Engagement', 'Empowering Consumers for a Sustainable Future' and 'Consumer Protection and Legal Framework'.
International Standards Organisation (ISO)
It is an international body with 168 member countries.
It plays a crucial role in developing standards that impact a wide range of business and social sectors worldwide.
5. Panel discussion on ‘Role of G20 in creating global economic stability’
Tags: Summits International News
A recent panel discussion held in Dubai highlighted the important role of the G20 in creating global economic stability.
An overview of the news
A panel discussion held in Dubai shed light on the vital role of the G20 in creating global economic stability.
The event took place on the sidelines of the International Conference jointly organized by the Indian Institute of Management Rohtak, Academy for Global Business Advancement, and Council for Strategic Affairs.
Importance of the G20
The panelists highlighted the significance of the G20 in the current international order.
The group plays a multifaceted role in creating global economic stability, fostering inclusive growth, ensuring financial stability, promoting balanced and sustainable growth, and effectively managing and preventing crises.
Panelists and insights
The panel consisted of Manjeev Singh Puri, former ambassador of India to Nepal, Prof Tatiana Karabchuk from UAE University, and Prof Mayssa Banat from Rafik Hariri University in Lebanon.
They provided valuable insights into the G20's role and its impact on global economic stability.
The discussion was moderated by Prof. Dheeraj Sharma, the Director of IIM Rohtak.
G20 as a platform for decision-making
Ambassador Manjeev Singh Puri highlighted the G20's ability to bring together leaders from the world's largest economies and facilitate effective decision-making and implementation through national and multinational systems.
Despite lacking de jure power, the G20 possesses significant de facto power, making it influential in driving positive change globally.
Specific areas of impact
The panelists delved into specific areas where the G20 can make a significant impact.
Prof Tatiana Karabchuk emphasized the importance of public opinion polls for informed decision-making and suggested the G20's role in implementing necessary changes in online education.
Prof Mayssa Banat emphasized the power of language education in overcoming barriers and shaping global economic policies.
G20's contribution to global economic stability
The panel discussion showcased the diverse aspects of the G20's role in fostering cooperation among major economies and driving sustainable development.
The group's focus on inclusive growth, financial stability, crisis management, and balancing de jure and de facto power within global institutions is essential for global economic stability.
6. Department of Pharmaceuticals to organise International Conference on 'India Pharma and India Medical Devices'
Tags: Summits National News
Department of Pharmaceuticals, International Conference on 'India Pharma and India Medical Devices' will be organised on 26th May and the 8th edition of this conference will be inaugurated by Dr. Mansukh Mandaviya, Union Minister of Chemicals and Fertilisers.
An Overview of the News
The Department of Pharmaceuticals is partnering with the Federation of Indian Chambers of Commerce and Industry (FICCI) for the event.
The aim of the conference is to showcase India as a manufacturing hub for high quality medical products in the pharmaceutical and medical devices sector.
During the conclave, Dr. Mandaviya will launch the National Medical Devices Policy-2023 and Export Promotion Council for Medical Devices.
A new scheme called 'Medical Device Clusters for Common Facilities (AMD-CF)' will also be launched, focusing on strengthening or setting up of common infrastructure and testing facilities for medical devices.
Federation of Indian Chambers of Commerce and Industry (FICCI):
It is a non-governmental trade association and advocacy group based in India.
Subhrakant, Managing Director of Indian Metals & Ferro Alloys Limited has been appointed as the President of FICCI for 2022-2023.
He took over from Sanjiv Mehta during the 95th Annual Convention held in New Delhi.
Formation - 1927
Founder - Ghanshyam Das Birla, Purushottamdas Thakurdas
Headquarters - New Delhi
7. Asia Petrochemical Industry Conference 2023
Tags: Summits National News
Union Minister of Health, Chemicals and Fertliser Dr Mansukh Mandaviya presided over the Asia Petrochemical Industry Conference 2023 in New Delhi on 19th May.
An overview of the news
The Chemical and Petrochemicals Manufacturers Association (CPMA) of India hosted the 41st edition.
The theme of the event was “Ushering in a Sustainable Future”.
Over 1200 delegates from seven member nations as well as participants from Europe, China, America, Mid East and other Asian Countries and global partners participated in the conference.
Mansukh Mandaviya said that the Indian chemical manufacturing industry has indeed been one of the emerging global manufacturing hubs for petrochemicals.
India is determined to be a trusted partner in the global supply chain of chemicals and petrochemicals to the world.
Objective of Conference
The main objective of the conference is to spur discussion and co-operation on the issues of the day being faced by the industry related to growth, trade, investment, and sustainability, in Asia-Pacific and also around the world.
About Asia Petrochemical Industry Conference
The conference is hosted on a rotational basis by the seven member countries–Japan, Korea, Malaysia, Singapore, Thailand, Taiwan and India.
It is a prominent event held annually in Asia that brings together industry professionals, experts, and stakeholders from the petrochemical sector.
The conference aims to facilitate knowledge exchange, foster collaborations, and address challenges and opportunities in the petrochemical industry across the Asian region.
About CPMA
It is the apex forum in the country representing the Indian Chemicals & Petrochemicals Industry.
It was established in 1993.
It offers its members a podium to collectively present their ideas, voice their concerns and offer suggestions on industry issues.
It provides a linkage between the industry, the Government and the society at large.
8. First Inter-Ministerial Committee Meeting held on World Food India 2023
Tags: Summits National News
Secretary, Food Processing Industries (FPI) Anita Praveen, chaired the First Inter- Ministerial Committee Meeting with senior representatives from Ministries/Departments/Boards on 16th May 2023 in New Delhi.
An overview of the news
The agenda of the committee meeting was to apprise the officials about the preparations made so far for World Food India 2023 and to discuss the participation of concerned Ministries/Departments/Organizations in the event.
This was in continuation of the series of interactions held to apprise them of the Ministry's action plan for the upcoming World Food India 2023 and discuss possible areas of collaboration.
The meeting was attended by senior officials from key Ministries and Departments of the Central Government.
In the meeting, the stakeholders were requested to share the specific action plan regarding the mega food event to be held in Delhi from 3rd to 5th November 2023.
The next meeting of the Inter-Ministerial Committee is expected to be held in June 2023 to strengthen the partnership/participation of various stakeholders.
About World Food India
World Food India (WFI) is a global event to facilitate partnerships between Indian and international businesses and investors.
It is a gateway to the Indian food economy and an opportunity to showcase, connect and collaborate.
It is organized by the Ministry of Food Processing Industries, Government of India.
WFI is the largest gathering of investors, manufacturers, producers, food processors, policy makers and organizations from the global food ecosystem.
It aims to provide investment and business opportunities in the food processing sector for leading Indian and international companies.
World Food India 2023 theme is “Processing for Prosperity”.
9. 3rd G20 TWG meeting to be held in Srinagar
Tags: Summits State News
The third G20 Tourism Working Group (TWG) meeting will be held in Srinagar from 22 to 24 May.
An Overview of the News
Security arrangements on the Jammu-Srinagar National Highway (NH-44) have been reviewed by the Army and other security agencies.
NH-44 is the only all-weather road connecting the Kashmir Valley to the rest of the country.
A high-level meeting with senior police and CRPF officials was held at Ramban, chaired by a brigadier-level officer.
Several security forces including Army, BSF, Police, CRPF and Village Defense Committees have been deployed along the International Border (IB) and the Line of Control (LoC).
About Jammu and Kashmir
Jammu and Kashmir was a state of India until August 2019, which was bifurcated as two union territories namely Jammu and Kashmir and Ladakh on 31 August 2019.
Capital- Srinagar (May-October), Jammu (November-April)
Lieutenant Governor - Manoj Sinha
Legislative Council - 36 seats
Legislative Assembly - 89 seats
Chief Justice of Jammu and Kashmir and Ladakh High Court, Justice - Koteshwar Singh
10. Chief Minister Pushkar Singh Dhami inaugurated the National Homoeopathic Convention 'Homocon 2023'
Tags: Summits National News
Chief Minister Pushkar Singh Dhami inaugurated the National Homoeopathic Convention 'Homeocon 2023' at Doon University, Dehradun and launched a documentary on Homeopathy.
An Overview of the News
Homeopathy has been recognized as the second most practiced system of medicine in the world and its importance has been demonstrated during the COVID-19 pandemic.
The commitment of the state government to establish Uttarakhand as a major AYUSH region is due to the economic and effective nature of homeopathy.
Ministry of AYUSH:
It is a government ministry in India.
It is responsible for the development, promotion and regulation of traditional systems of medicine.
AYUSH is the abbreviation of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathic Pharmacopoeia Society and aims to promote education and research of the above.
The ministry provides educational and training programs.
Establishment - 2014
Responsible Ministers - Sarbananda Sonowal, Cabinet Minister and Mahendra Munjapara, Minister of State
Ministry Executive - Rajesh Kotecha, Secretary
Ministry of Motherhood - Ministry of Health and Family Welfare, Government of India
About Uttarakhand
It is a state in North India.
Rishikesh is a major centre of yoga studies and gained prominence in 1968 after the Beatles' visit.
The Jim Corbett National Park in Uttarakhand is home to the Bengal tiger and other wildlife.
Capital - Dehradun (Winter)
Chief Minister - Pushkar Singh Dhami
Governor - Gurmeet Singh
Official Animal - Alpine Musk Deer
