Andhra Pradesh Chief Minister N. Chandrababu Naidu convened a high-level meeting with industry leaders to discuss economic growth targets and strategic development under the Vision-2047 plan. The task force, chaired by Mr. Naidu and co-chaired by Tata Sons Chairman N. Chandrasekaran, aims to achieve a 15% growth rate through well-structured policies and investment opportunities. Mr. Naidu emphasized the importance of wealth creation to uplift underprivileged communities and improve overall quality of life. The Vision-2047 initiative will leverage advanced technology, infrastructure, and human resources to attract investments, making Andhra Pradesh a hub for innovation and entrepreneurship. The state’s focus on ‘Speed of Doing Business’ aims to attract industrial growth and make Andhra Pradesh a prime destination for investment. The task force, comprising representatives from leading Indian companies, exchanged views on investment-friendly policies and will focus on creating pathways for sustainable development and innovation.
13.11.2024
Young Indian Social Leader Nominated for Prestigious Russian Prize
Bisathi Bharath, a young social leader from Anantapur, India, has been nominated for the prestigious “We Are Together” International Prize of Russia. Bharath, a post-graduate in political science and economics, founded the Pragathi Padham Youth Association, which focuses on guiding underprivileged students. His organization has adopted three villages to conduct career guidance sessions. The “We Are Together” Prize, established in 2020, recognizes individuals and organizations globally who contribute to solving humanitarian issues. Bharath was nominated in the “Equal Opportunities, Social Justice and Youth Development” category and is one of several young leaders shortlisted for the award. The final winner will be announced at the award ceremony in Moscow on December 5, 2024. Bharath has previously received the United Nations V-Award and the Diana Award 2021 for his humanitarian work.
North Korea and Russia Formalize Mutual Defense Treaty Amid International Condemnation
North Korea has officially ratified a mutual defense treaty with Russia, solidifying a pact signed in June that commits both countries to provide military assistance in the event of an attack. This move comes amidst widespread international criticism over the deepening military cooperation between the two nations, particularly in light of reports that North Korea has deployed tens of thousands of troops to support Russia’s war in Ukraine. The treaty, which takes effect upon the exchange of ratification instruments, stipulates immediate military and other assistance using all available means if either side is at war. While the Kremlin denies any communication between Putin and Trump regarding Ukraine, the treaty has been met with alarm by Seoul, Washington, and Kyiv, who claim that North Korean troops have already engaged in combat in Ukraine, resulting in casualties.
Global Carbon Market Takes Shape at COP29
Countries gathered in Baku for the annual climate conference, COP29, have finally agreed on a framework for a global carbon market, a crucial step towards implementing the Paris Agreement’s Article 6. This market will allow countries to trade carbon credits, representing certified reductions in emissions, with the goal of incentivizing climate action and directing resources to developing nations. While the agreement addresses concerns about the authenticity and transparency of carbon credits, key issues remain regarding accounting for emissions reductions across borders and the eligibility of various projects for credit generation. The successful implementation of this market is expected to reduce the cost of national climate plans by $250 billion annually, but its effectiveness hinges on the finalization of methodologies and the establishment of a new global climate finance goal, which is also a major focus of COP29.
New CJI Urges Lawyers to End Unlisted Oral Mentionings
Chief Justice of India (CJI) Sanjiv Khanna, in his first address to the legal community after assuming office, has urged lawyers to refrain from making unlisted, out-of-turn oral mentions of their cases in court. He advised lawyers to follow the established practice of requesting urgent listings beforehand through email or written communication to the Supreme Court Registrar, ensuring cases are promptly listed before the appropriate bench. This move aims to streamline court proceedings and address the long-standing issue of oral mentionings, which have historically consumed a significant portion of court time. While previous CJIs have attempted to curb this practice, CJI Khanna’s emphasis on adhering to established procedures underscores his commitment to promoting efficiency and fairness within the judicial system.