What is the News? The United States(US) administration has introduced the U.S. Citizenship Act of 2021 in Congress. If passed, this act will benefit thousands of Indian IT professionals in America. Key Provisions of the U.S. Citizenship Act of 2021 It proposes to eliminate the per-country cap for employment-based green cards. It proposes a pathway …
Future Investment Initiative(FII): It is an annual investment forum held in Riyadh, Saudi Arabia. The Forum discusses trends in the world economy and investment environment. Hosted by: Public Investment Fund of Saudi Arabia (PIF). The first event was held in 2017. Purpose of 4th FII: To find solutions on how business and government can expand access to healthcare, …
Prarambh Summit: Began in New Delhi. Members of BIMSTEC countries participating in the inaugural event. The Summit is being organizing by Department for Promotion of Industry and Internal Trade, M/o Commerce & Industry, as a follow up of the announcement made by the Prime Minister Modi at the 4th BIMSTEC Summit held in Kathmandu in …
Prarambh : Startup India International Summit – UPSC Prelims Read More »
Open Skies Treaty: The treaty was signed in 1992 and came into effect in 2002. Aim: To build confidence among members through mutual openness thus reducing the chances of accidental war. Key Features of the Treaty: Under the treaty, a member state can spy on any part of the host nation, with the latter’s consent. A country …
It is a $9 billion initiative of Asian Development Bank(ADB). Aim: To offer rapid and equitable support to its developing members as they procure and deliver effective and safe coronavirus disease (COVID-19) vaccines. Criteria: If a country has to obtain finances under APVAX, then it should fulfil one of the three criteria: Vaccine must be procured through …
Asia Pacific Vaccine Access Facility (APVAX) – UPSC Prelims Read More »
What is a World Heritage Site tag? A World Heritage Site is an area or object inscribed on the UNESCO World Heritage List. The sites are included for their outstanding universal value. They are designated under the Convention Concerning the Protection of the World Cultural and Natural Heritage 1972. The World Heritage Centre is the Secretariat to the …
What is the COMPETES Act, 2022? The United States has unveiled the ambitious America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength (COMPETES) Act, 2022. Aim: To open up new vistas for talented individuals from across the world with a new start-up visa and To make the supply chains stronger and reinvigorate the …