May 2024
May 2024
1. POLITY AND GOVERNANCE ________________4 4.5. Cyber Threats and Financial Sectors ________ 45
1.1. Mass Media and Election __________________ 4 4.6. News in Shorts _________________________ 46
1.2. Internet Shutdowns ______________________ 6 4.6.1. Arrest under UAPA Act ____________________ 46
1.3. Other Backward Classes (OBCs) List _________ 7 4.6.2. Hermes-900 ____________________________ 47
1.4. News in Shorts __________________________ 9 4.6.3. Exercises in News ________________________ 47
1.4.1. Article 39(b) of The Constitution and Private 5. ENVIRONMENT ________________________ 48
Properties ____________________________________ 9 5.1. Traditional Knowledge in India ____________ 48
1.4.2. Article 329(b) _____________________________ 9 5.1.1. Treaty on Intellectual Property, Genetic Resources
1.4.3. Form 17C ________________________________ 9 and Associated Traditional Knowledge ____________ 49
1.4.4. Silence Period ____________________________ 9 5.2. Clean Energy Transition __________________ 50
1.4.5. World Press Freedom Index (WPFI) 2024 _____ 10 5.3. Mangroves Conservation _________________ 52
1.4.6. UGC Regulation 2018 _____________________ 10 5.4. Coral Bleaching _________________________ 53
1.4.7. Diplomatic Passport ______________________ 10 5.5. International Arrangement on Forests (IAF) __ 55
2. INTERNATIONAL RELATIONS ______________12 5.6. Heatwave _____________________________ 57
2.1. India’s Act of Balancing Bilateral Relationship 12 5.7. Fire Safety Regulations in India ____________ 59
2.2. Global Institutions in the Changing Times ____ 13 5.8. Nor ’westers ___________________________ 61
2.3. India and Indonesia Relations _____________ 15 5.9. News in Shorts _________________________ 62
2.4. International Criminal Court (ICC) __________ 17 5.9.1. Venezuela May Be The First Nation To Lose All Its
2.5. News in Shorts _________________________ 19 Glaciers _____________________________________ 62
2.5.1. BIMSTEC Acquires ‘Legal Personality’ After Charter 5.9.2. Climate Change Can Weaken Monetary Policy
Comes into Force ______________________________ 19 Transmission: RBI _____________________________ 63
2.5.2. Second India-US Strategic Dialogue on Africa held 5.9.3. New Collective Quantified Goal on Climate Finance
in Washington DC _____________________________ 19 (NCQG) _____________________________________ 63
2.5.3. India’s Telecom Diplomacy _________________ 20 5.9.4. Carbon Removals and Carbon Farming (CRCF)
2.5.4. Animal Diplomacy ________________________ 20 Regulation in European Union (EU) _______________ 64
2.5.5. South-China Sea _________________________ 20 5.9.5. Direct Air Capture and Storage (DAC+S) plant _ 65
2.5.6. Middle-Power ___________________________ 21 5.9.6. Keeling Curve ___________________________ 65
2.5.7. Geopolitical Recession ____________________ 21 5.9.7. Biocover _______________________________ 65
3. ECONOMY _____________________________22 5.9.8. World Bank Released Report Titled ‘Water For
3.1. India and Global Value Chains (GVCs) _______ 22 Shared Prosperity’ ____________________________ 65
3.2. RBI Surplus Transfer _____________________ 24 5.9.9. India Became Third Largest Solar Power Generator
____________________________________________ 66
3.3. Logistics Sector of India __________________ 25
5.9.10. Spain Becomes 99th Member Of International
3.4. India’s Agriculture Export Policy ___________ 28 Solar Alliance (ISA) ____________________________ 66
3.5. Land Squeeze __________________________ 30 5.9.11. Global Land Outlook Report on Rangelands and
3.6. News in Shorts _________________________ 32 Pastoralists __________________________________ 67
3.6.1. Commodity Dependence __________________ 32 5.9.12. World Wildlife Crime Report 2024 __________ 68
3.6.2. Eligibility for Universal Banking by SFBs _______ 33 5.9.13. Sea Anemone __________________________ 68
3.6.3. ‘Five-Year Review of India’s Merchandise Trade’ 5.9.14. Baseflow ______________________________ 69
Report ______________________________________ 33 5.9.15. Blue Hole ______________________________ 69
3.6.4. Authorised Economic Operator (AEO) Status __ 34 5.9.16. Catatumbo Lightning ____________________ 69
3.6.5. India International Bullion Exchange (IIBX) ____ 34 5.9.17. Batagay Crater _________________________ 69
3.6.6. India Volatility Index (VIX) __________________ 34 5.9.18. Errata ________________________________ 70
3.6.7. Cost Inflation Index (CII) ___________________ 35 6. SOCIAL ISSUES _________________________ 71
3.6.8. Paradox of Thrift (PoT) Theory ______________ 35
6.1. Women Entrepreneurs in India ____________ 71
3.6.9. UN Panel for Critical Energy Transition Minerals 35
3.6.10. Drip Pricing ____________________________ 35
6.2. Localizing the SDGs: Women in Local Governance
3.6.11. Travel & Tourism Development Index, 2024 __ 36 in India ___________________________________ 72
3.7.12. ISHAN Initiative _________________________ 36 6.3. Social Infrastructure _____________________ 75
4. SECURITY _____________________________37 6.4. News in Shorts _________________________ 76
4.1. Pokhran-I _____________________________ 37 6.4.1. Supreme Court Judgement on Juvenile Justice Act
____________________________________________ 76
4.2. Technology Absorption in Defence _________ 38
6.4.2. Significant Increase In Screen Time Among Children
4.3. Submarines and Anti-Submarine Warfare ___ 40 ____________________________________________ 77
4.4. Threat of Online Radicalisation ____________ 42 6.4.3. World Migration Report 2024 ______________ 77
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7. SCIENCE AND TECHNOLOGY ______________79 7.5.15. Doppler Effect __________________________ 92
7.1. Space Situational Awareness ______________ 79 7.5.16. Graphite ______________________________ 93
7.2. Solar Storm (Geomagnetic Storm) __________ 81 7.5.17. Nephrotic Syndrome ____________________ 93
7.3. 3D Printing ____________________________ 82 8. CULTURE _____________________________ 94
7.4. AgriTech ______________________________ 85 8.1. Weaving in India ________________________ 94
7.4.1. Nanotechnology in Agriculture ______________ 87 8.2. Apartheid System _______________________ 96
7.5. News in Shorts _________________________ 89 8.2.1. UNESCO's MOW Asia-Pacific Regional Register 98
7.5.1. Amplifying the Global Value of Earth Observation 8.2.2. Sahitya Akademi _________________________ 98
report _______________________________________ 89 8.2.3. Deda Method ___________________________ 98
7.5.2. Ultra-Processed Food (UPF) ________________ 89 8.2.4. Lushai Tribe _____________________________ 98
7.5.3. WHO Prequalifies New Dengue Vaccine TAK-00390 8.2.5. Avars __________________________________ 99
7.5.4. World Organisation for Animal Health (WOAH) 91 8.2.6. Errata__________________________________ 99
7.5.5. Thrombosis with Thrombocytopenia Syndrome 9. ETHICS ______________________________ 100
(TTS) ________________________________________ 91 9.1. Compassionate Capitalism _______________ 100
7.5.6. Naegleria Fowleri ________________________ 91 9.2. Ethics of Punishment ___________________ 102
7.5.7. Eta Aquarid Meteor Shower ________________ 91 9.3. Ethical Use of Social Media Platforms ______ 104
7.5.8. Lunar Polar Exploration Mission (LUPEX) ______ 91 9.4. Ethics and Entrepreneurship _____________ 107
7.5.9. High Energy Photon Source (HEPS) __________ 91
10. SCHEMES IN NEWS ___________________ 110
7.5.10. BHISHM Portable Cubes __________________ 92
7.5.11. Soil Nailing _____________________________ 92
10.1. Pradhan Mantri Kisan Samman Nidhi Scheme
7.5.12. Goldene _______________________________ 92 (PM-KISAN) ______________________________ 110
7.5.13. AI Agents ______________________________ 92 11. PLACES IN NEWS _____________________ 111
7.5.14. Endosymbiotic Theory ___________________ 92 12. PERSONALITIES IN NEWS ______________ 112
In the past, surplus transfers by RBI have been subject to debate on issues like Adequate Contingency Fund with the RBI
and the Autonomy and credibility of RBI. However, the current surplus transfer by the RBI constitutes an important
element which is considered by the Central Govt. in arriving at overall budget provisions for the fiscal year. These
additional funds can be utilized for public spending or specific projects, which could lead to a revival in demand in certain
sectors and boost economic activity.
To know more about India’s Anti-Terrorism Approach, refer to Article 4.2 of the October 2023 Monthly Current Affairs Magazine.
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4.5. CYBER THREATS AND FINANCIAL SECTORS
Why in the news?
Global Financial Stability Report 2024 released by International Monetary
Fund (IMF) warns cyber risks as a growing threat to macro financial stability.
Key Findings of the report
Nearly one-fifth of all cyber risks affect financial firms.
Number of cyber-attacks has doubled since COVID-19 pandemic.
Only 47% of the surveyed countries had formulated a national and
financial sector-focused cyber-security strategy.
Reasons Behind rise in cyber attacks
Rapid Digital Transformation and Technological Innovations:
o Covid-19 Pandemic has led to surge in remote work, delivery
applications, and contactless payments.
o Evolution of fin-tech companies exposes financial systems to cyber
threats due to digitalized operations and interconnectedness leading
to platform frauds.
Heightened global geopolitical tensions: E.g. surge in cyber-attacks after Russia’s invasion of Ukraine
Lack of strong internal controls: As per PwC’s Global Economic Crime and Fraud Survey 2022 four out of every ten
platform frauds in India were conducted by internal perpetrators.
Lack of Swift Action and Detection discourages individuals to report these crimes.
Impact of Cyber risks on
Financial Systems
Impact on macro-
financial stability:
o Loss of confidence in
the viability of the
targeted institution
may lead to
instances of Cyber
run and result in
liquidity problems.
Cyber run is deposit withdrawals (outflows ) from banks in large amount leading to liquidity crisis and default
risk
o Lack of substitutes for a key institution or financial market infrastructure would lead to disruption in the financial
system.
E.g. A ransomware attack on payment systems, hacking of a central bank or electronic trading systems could
lead to halts in trading, asset price volatility,
o Potential of systemic shock due to the interconnected nature of institutions through
technological linkages (such as multiple firms using the same software) or
financial linkages (e.g., interbank market and settlement systems)
Affects government functioning as it disrupts the management of government debt and may give rise to sovereign
risks etc.
Credit and market losses due to loss of businesses, remittances, reputational damage, and increased investments in
cyber security.
o Economic losses to the tune of 1 to 10% of the global GDP is caused by these frauds (IMF).
Issues related to data integrity due to loss or compromise of data and its systems raising the problem of data
confidentiality.
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Challenges in dealing with Cyber Threats to Financial Systems
Lack of regulatory and supervisory frameworks and cyber-security
workforce: This leads to-
o Lack of effective oversight of third-party service providers.
o Gaps in national and financial sector cyber-security strategies and
coordination among stakeholders.
Technological innovations: Artificial Intelligence, quantum computing
could further amplify cyber risks.
Complex regulatory environment caused due to lack of seamless cooperation between regulators such as Reserve
Bank India (RBI), Securities and Exchange Board of India (SEBI) etc.
Challenges related to legal framework: For instance, India lacks a dedicated legal framework or a dedicated court to
deal with online financial frauds.
Nature of Crime hindering investigation: Cybercrimes are conducted remotely and are Multi-state and Trans-border
in nature, making police investigations costly.
o Also, the use of a mule account makes traceability harder.
Other challenges: Procedural Hurdles and delays in cyber crime reporting; Lack of awareness to individuals;
Resources constraint, etc.
Initiatives taken to curb Cyber Threats to Financial Systems
Citizen Financial Cyber Frauds Reporting and Management System: Developed as a part of “National Cybercrime Reporting
Portal.
Financial Intelligence Unit-India (FIU-IND): It is responsible for receiving, processing, analyzing, and disseminating
information related to suspicious financial transactions.
Computer Emergency Response Team - India (CERT-In): Collects analyse and disseminates information on cyber incidents,
and also issues alerts
Chakshu: An initiative to empower citizens to proactively report suspected fraud communication
Way Forward
Cyber legislation at the national level and better cyber-related governance arrangements at firms.
o This should also have central bank business continuity contingency plans covering cyber risk and provision of
liquidity in case of crisis.
Insurance by firms to protect against financial losses of cyber incidents
Periodical assessment of the cyber-security landscape and identification of potential systemic risks from
interconnectedness and concentrations, including from third-party service providers.
Encouraging cyber “maturity” among financial sector firms, including board-level access to cyber-security expertise
leading to better cyber-related governance may reduce cyber risk.
Improving cyber hygiene of firm by enhancing online security and overall system health (such as antimalware and
multifactor authentication.
Capable cybersecurity workforce, and domestic and international information-sharing arrangements
Prioritization of data reporting and collection of cyber incidents, and sharing information among financial sector
participants to enhance collective preparedness.
Conclusion
Cyber incidents pose a global financial stability threat due to digitalization, technologies, and geopolitical tensions.
Financial sector must develop capacity to deliver critical services during times of disruption and develop response and
recovery mechanisms for crisis management.
Way Forward
Legal and policy measures: Strengthening of existing laws like the Indian Forest Act,1927, Environmental Impact
Assessment (EIA),1986 and Forest Conservation Act,1980.
Ecological conservation:
o Mangrove restoration by identifying regions suitable for restoration for planting mangroves.
o Establishment of green belts and buffer zones in and around the fringes of mangrove forests to maintain the
ecological integrity of the core area.
o Regulation of wetland soil elevation by construction of barriers on rivers carrying sediments to conserve the
mangrove habitat.
o Connecting the mangrove forest with the terrestrial forest to improve conservation efforts. E.g., Sundarban
mangroves connected to the Sundarban National Park.
Research and development: Core research and data collection about the variety of mangroves at national, sub-
national or other lower scales for localized custom solutions.
o Important mangrove patches can be declared as ‘Mangrove Germplasm Preservation Centres’ for their better
management and conservation.
International cooperation: In line with the UN Decade for Ecosystem Restoration 2021-2030, a global political will,
scientific approach, and financial resources need to be streamlined
towards marine ecosystems with mangrove ecosystems in focus.
5.6. HEATWAVE
Why in the News?
Recently, over 37 cities in the northern and central regions experienced
temperatures exceeding 45°C, posing severe risks to millions of vulnerable people.
About Heatwaves
Heatwaves are a period of unusually high temperatures as compared to what
is normally expected over a region.
Therefore, the temperatures at which Heatwaves are declared differ from
place to place based on the temperature, and climatology of that region.
Factors contributing to Heatwave: Meteorological and climatic factors as well
as Anthropogenic factors such as Rapid Urbanization and Human-induced Global Warming.
5.9.7. BIOCOVER
A recent study has proposed a sustainable approach of
microbial methane oxidation system (called as
biocover) to control fugitive methane emissions from
old dumpsites.
About Biocover
o Biocovers are porous material layer laid directly
on top of a landfill which is then covered by an
oxidizing layer of mature compost.
o It provides optimal conditions for methanotrophic
(methane utilizing) bacteria to thrive and act as
About CDR: biofilters, hence control methane emissions by
o CDR refers to anthropogenic activities that converting methane to CO2.
remove CO2 from atmosphere and store it o Potential applications: Road construction, land
durably in geological, terrestrial, or ocean reclamation, etc.
reservoirs. Concerns: As they are found in old and deep dumpsites,
o According to IPCC Sixth Assessment Report, CDR is they may be contaminated with heavy metals and
necessary element to achieve net-zero CO2 and microplastics.
GHG emissions.
Other CDR technologies: 5.9.8. WORLD BANK RELEASED REPORT
o Afforestation/Reforestation and Soil Carbon TITLED ‘WATER FOR SHARED
Sequestration: Fixing atmospheric carbon in PROSPERITY’
biomass and soils.
o Enhanced Weathering: Mining of rocks containing Report was released at 10th World Water Forum in
minerals that naturally absorb CO2. Bali, Indonesia.
o Ocean-based CDR: Ocean fertilisation (adding World Bank defines Shared prosperity as boosting
nutrients to upper layers), ocean alkalinity prosperity, particularly for poorest, to achieve more
enhancement (transformation of CO2 as equitable societies.
biocarbonate/carbonate), coastal blue carbon Key findings
management etc. o Defines Four interconnected building blocks of
o Bioenergy with Carbon Capture and Storage prosperity: Health and Education (human capital),
(BECCS): Using biomass as energy for CDR and Jobs and Income, Peace and Social cohesion (social
storing biogenic carbon geologically. capital), and Environment (natural capital).
Challenges in CDR: Higher energy needs and costs, Air o Population growth, urbanization, and climate
Pollution (through Mining), Significant land and water change are causing disparity in global water
demand, ocean acidification etc. access.
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o In 2022, 197 million people lacked safe drinking ○ India’s electricity generation is more carbon-
water, and 211 million lacked basic sanitation. intensive than the global average.
o Globally, about 450 million people live in high- ○ India also saw the second-highest increase in coal
poverty and low-water-access hotspots. generation globally, behind China.
o In low-income countries, access to water services ○ Despite progress, wind, solar and other low-carbon
is available in less than half of schools. sources are not yet growing fast enough to meet
o Inadequate and unsafe water affects early India’s rapidly growing electricity demand.
childhood development.
o Climate change leads to extreme weather events
like floods, droughts, further disrupting children’s
learning leading to school dropouts, damaging
crops, increasing conflicts etc.
Recommendations for inclusive water security
o Improve resilience to extreme hydro-climatic risks
by setting up early warning systems.
o Improve water resources development and
allocation by integrating nature-based solutions
and adopt water accounting method.
o Safely managed water supply and sanitation by
reforming water information systems to target
pro-poor.
World Water Forum
It is held every three years, and Co-hosted by World
Water Council and a host country.
Objectives: Raise importance of water on political agenda;
Support discussions towards resolution of international
water issues; etc.
7.3. 3D PRINTING
Why in the News?
IIT Madras-incubated space startup Agnikul Cosmos has successfully launched world’s first single-piece 3D printed rocket
engine of Rocket Agnibaan SOrTeD.
More about the News
Also, recently, Indian Space Research Organisation (ISRO) successfully conducted hot testing of liquid rocket engine
which is manufactured through Additive manufacturing (AM) or 3D Printing Technology.
o The engine used is the PS4 (fourth stage) engine of Polar Satellite Launch Vehicle (PSLV).
o It is developed by the Liquid Propulsion Systems Centre (LPSC), ISRO.
o Laser Powder Bed Fusion (LPBF) technique has been employed in t.
About Agnibaan SOrTeD
Rocket Agnibaan SOrTeD (SubOrbital Technological Demonstrator)
is India’s first semi-cryogenic engine-powered rocket launch flight.
o A suborbital flight is a flight up to a very high altitude which does
not involve sending the vehicle into orbit.
o Its engine has been developed with the help of AM or 3D Printing
technology.
Launched from: India’s first privately developed launchpad called
‘Dhanush’ established by Agnikul at Sriharikota in Andhra Pradesh.
o Launch was supported by the ISRO and the Indian National
Space Promotion and Authorisation Centre (IN-SPACe).
Stages and Carrying Capacity: Two-stage rocket with a capacity to
carry payloads upto 100 kg to a height of 700 km (in a Low Earth Orbit
(LEO). Also, there is optional 3rd stage of Agnibaan which is known as baby stage.
o It can access both low- and high-inclination orbits.
It takes about 75 hours to build one rocket engine, which is much faster than the standard 10 to 12 weeks required
to build a similar-sized rocket engine using conventional processes.
Key Applications
Aerospace & Defence: Landing gears, Thrust reverser Automotive: Engine components, gear boxes, air inlet, etc.
doors, Small surveillance drones, high-value components etc.
Electronics: Wearable devices, soft robots, Data processing Healthcare: Surgical Models (Organs), Surgical Instruments
technologies, RFID (Radio Frequency Identification) devices, (medical) etc.
etc.
Consumer Goods: Jewellery, shoes, clothing, cosmetics products, toys, figurines, furniture, office accessories, musical instruments,
bicycles, and food products (E.g. confectionery items).
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Advantages of 3D Printing
Rapid Prototyping: 3D Printing has considerably expedited prototyping, serving as a catalyst in the product
development cycle. It will facilitate swift transition of ideas from concept to tangible form.
Design Flexibility: Intricate designs, which would have been nearly impossible or prohibitively expensive with
conventional manufacturing methods, are now feasible.
o For instance, aerospace and automotive industries can create components with complex structure without
compromising strength.
Sustainability: It significantly reduces material waste by only consuming what’s necessary for the print and the
support structures.
o Also it uses sustainable materials. E.g. Polylactic Acid (PLA) is a popular 3D printing material derived from
renewable resources like corn starch or sugarcane.
On-demand Production: Companies can move from mass production to mass customization, allowing for the swift
manufacturing of parts based on specific demand.
Quality Assurance: With digital design validation, potential errors in the design process are identified and corrected
even before the printing begins.
o The layer-by-layer technique of 3D printers ensures consistency across the board.
Supply Chain Enhancement: Eliminates the dependence on large warehouses to store bulk items and components.
7.4. AGRITECH
Why in the News?
World Economic Forum (WEF) in partnership
with PwC India released a report titled
“Agritech: Shaping Agriculture in Emerging
Economies, Today and Tomorrow”
What is Agri-Tech?
Agritech or agriculture technology is the
term referring to the use of technological
innovations in agriculture to increase its
yield, efficiency, and profitability.
It employs advanced technologies, such as
artificial intelligence (AI), IoT (Internet of
Things), biotechnology etc.
Role of Agri-Tech in Agriculture Ecosystem
Intelligent crop planning: It involves the
use of emerging technologies such as Gene
Editing, AI-based soil-testing solutions advice etc. to create a detailed, market-oriented and sustainable crop plan.
Smart farming: Also known as precision farming, it is the use of technologies to improve efficiency in farm operations.
E.g., AI and Augmented Reality (AR) for crop planning, hyperlocal weather predictions etc.
Farmgate-to-fork: To address underlying issues such as a lack of quality standards, crop loss between farm and
market, access to storage facilities etc. E.g., Traceability using blockchain, Internet of Things (IoT) enabled
warehousing, smart logistics and more.
Data governance: Ease of access to high-quality, usable data can generate social-economic value for both farmers
and industry alike.
o For instance, Digital public infrastructure (DPI) in agriculture is a critical enabler of agritech services in emerging
economies.
Potential impact of AgriTech impact on Environment
Positive Negative
Precision farming which optimises crop production using sensors Genetically modified crops can pose risks like
and data analytics, is enabling increased yields, lowered waste, reduced genetic diversity and adverse impact on
and lowered greenhouse gas emissions. health of humans and pollinators.
Precision feeding, genetic selection, and manure management Agri-tech systems often enable intensive
can reduce emissions due to livestock farming. monoculture practices which lead to reduced
Biotechnology can be used to develop crop varieties that are diversity, overuse of water resources etc.
more resistant to pests and diseases.
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Initiatives taken by India in AgriTech
Promotion of Agri-Startups: They provide innovative solutions like farm management software, online marketplaces
for agricultural produce, and farm advisory services etc.
o Around 2800 AgriTech startups (like BigHaat, Fasal, MeraKisan etc.) are recognised by Startup India.
o Innovation and Agri-Entrepreneurship Development programme: under Rashtriya Krishi Vikas Yojana (RKVY)
from 2018-19 to provide financial and technical support for nurturing the startup ecosystem.
5 Knowledge Partners (KPs) and 24 RKVY Agribusiness Incubators (R-ABIs) have been appointed for training
& incubation of agri-startups and implementation of this programme.
o Agriculture Accelerator Fund: Govt. has approved a fund of Rs. 500 crore for five years commencing from 2023-
24 to encourage young entrepreneurs to set up agri-startups in rural areas.
Agri Stack: Designed to facilitate the delivery of agritech and other digital services to farmers by the government,
agritech start-ups, the private sector or other institutions.
Agricultural Data Exchange (ADeX): It is an open-source, open-standard and inter-operable public good that allows
data sharing between data providers and data consumers, mainly the private sector, including start-ups, to build
customized services for farmers.
Digital Agriculture Mission (DAM): This initiative was launched in 2021 to help agri-tech start-ups by leveraging
advances in cloud computing, earth observation, remote sensing, data, and AI/ML models.
Agricultural Technology Management Agency (ATMA) Scheme: It supports the State Government’s efforts to make
available the latest agricultural technologies through different extension activities like Farmer’s Training,
Demonstrations, Kisan Mela etc.
Challenges in Agritech adoption
Limited Digital Literacy: India's farmers lack the technical expertise and hands-on experience required to effectively
operate machinery and software, hindering their ability to utilize advanced agricultural technology.
Infrastructural Barriers: Rural areas often face inadequate network coverage and slow internet speeds, hindering the
adoption and effectiveness of agri-tech solutions.
Resource Constraints: A substantial number of farmers in rural India operate on small landholdings and have limited
financial resources. Adopting agritech solutions can be expensive, especially when it comes to buying software and
equipment.
Resistance to Change: Traditional farming methods have been ingrained in rural Indian communities for generations.
Convincing farmers to embrace technological interventions can be challenging.
Job loss: With farming being a major source of employment across the country, automation in the agriculture sector
could have a significant impact on the local economy leading to large-scale job loss.
Way forward
Linking digital and physical channels: for instance, using an existing channel of farmer collectives, cooperatives or
organized channels, such as e-governance agents – will be crucial in driving the adoption and active use of agritech
services.
Diversification of Income Streams: Adoption of agritech makes it possible to diversify revenue sources outside of
traditional farming. Agritech solutions can be developed and marketed by rural entrepreneurs, boosting local
economies and generating job possibilities.
Building awareness among farmers: The government and civil society must work together to educate Indian farmers
in the use of cutting-edge digital and digital technology.
Creating the digital infrastructure for rural information: Data related to geo-referenced land/soil details, crop
production, market transaction information, etc., should be kept in the public domain.
o So that startups need not spend time and resources on collecting already available information.
Harness the power of public-private collaboration: Incentives (financial and non-financial) that will encourage the
private sector to invest in scaling agritech in value chains or geographical regions.
Conclusion
Nanotechnology offers promising applications in agriculture, potentially revolutionizing crop production and
management. However, challenges remain, including potential environmental and health risks associated with
nanoparticles. Thus, we need to develop regulatory frameworks to ensure the safe and responsible development and use
of nanomaterials in agriculture. Proper Risk Assessment can be conducted as suggested in the guidelines by the
Department of Biotechnology (DBT), and FCO order 2021.
Government Initiatives on Nanotechnology in Agriculture
Mission on Nano Science and Technology (Nano Mission): Launched in 2007, under the Department of Science & Technology
(DST), with funding spanned multiple areas like basic research in nanotechnology including Agriculture.
Guidelines for evaluating nano-agri inputs and products: Developed by the Department of Biotechnology to ensure the safe
and effective use of nanomaterials in agriculture and address the regulatory framework for commercialization.
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National Agricultural Innovation Project (NAIP): Several projects have been initiated to explore the applications of
nanotechnology in agriculture.
Skill development training programme on nanotechnology: By Indian Council for Agriculture Research (ICAR), in line with the
Government of India’s Skill Development Initiative, to impart hands-on training on the synthesis & characterization of
nanomaterials
Nano Fertilizer Plant (NFP): Established by IFFCO at Phulpur, Prayagraj.