03 May 2023
By GyanOk

Daily Current Affairs Notes for 03 May 2023

Australian High Commission in India Announces Government Grant for Project in Kargil

The Australian High Commission in India has recently announced its government grant for a project in Kargil.

Australian High Commission Announces Government Grant for Project in Kargil:

The Australian High Commission in India has made a recent announcement about a government grant for a project in Kargil. This is the first time such an initiative has been taken in the history of Ladakh, and it is anticipated to bring significant advantages to the area. The announcement was made during a special meeting in Srinagar, which was presided over by the Australian High Commissioner to India, Barry O'Farrell.

Project “Return to Roots”:

The initiative is known as "Return to Roots" and its objective is to merge conventional wisdom with the present-day science syllabus taught in schools. The primary aim of this project is to adhere to the National Education Policy's guidelines, which accentuate boosting scientific involvement among students hailing from tribal communities. By blending traditional knowledge with the syllabus, students will not only learn fundamental scientific principles but also acquire a profound comprehension of their culture and ancestry.

Benefits for the Kargil Region:

The Kargil region is anticipated to reap substantial advantages from the "Return to Roots" initiative. It will furnish a distinctive occasion for pupils to acquire knowledge about their cultural inheritance and simultaneously gain valuable scientific knowledge. Moreover, the project is likely to encourage more participation from the local community and instill a feeling of pride in their customs.

Moreover, it is anticipated that the project will bring about a favorable outcome on the regional economy. By encouraging and showcasing traditional knowledge and practices, the project is expected to generate fresh prospects for the local artisans and craftsmen, consequently aiding in the preservation of traditional skills and knowledge, as well as driving economic advancement in the area.

The grant provided by the Australian government for the "Return to Roots" project is a crucial step forward for the Kargil region. It demonstrates a dedication to advancing education and safeguarding traditional knowledge, as well as promoting economic progress and community involvement. This project is anticipated to have a lasting effect on the region and could serve as a blueprint for future initiatives.

World Press Freedom Day 2023 observed on 3rd May

Every year on May 3, we observe World Press Freedom Day to increase understanding about the significance of a press that is free and not influenced by external forces.

World Press Freedom Day 2023

On May 3rd every year, we commemorate World Press Freedom Day with the aim of raising awareness about the crucial role of an independent press that is not subject to external pressures. This event underscores the significance of unrestricted journalism and promotes the fundamental right of free speech.

World Press Freedom Day 2023- Theme

The theme of this year's World Press Freedom Day is "Shaping a Future of Rights: Freedom of Expression as a Driver for All Other Human Rights." This highlights the vital importance of freedom of expression in protecting and advancing all other human rights.

30 years ago, the United Nations General Assembly declared an international day for press freedom. To mark this significant occasion, UNESCO arranged a special anniversary event at the UN headquarters in New York. The anniversary edition of World Press Freedom Day featured a series of events throughout the day at the UN Headquarters on May 2nd.

World Press Freedom Day 2023- Significance

World Press Freedom Day holds great significance for multiple reasons. Primarily, it serves as a reminder of the pivotal role played by a free and autonomous media in advancing democracy, human rights, and sustainable development. This occasion offers a chance to recognize and commend the efforts of journalists and media practitioners who work tirelessly to furnish factual and dependable information to the masses, even in the face of daunting challenges and obstacles.

Additionally, World Press Freedom Day serves as an opportunity to highlight the numerous obstacles and dangers that journalists and media professionals encounter worldwide, which include censorship, harassment, intimidation, and physical violence. This day provides a platform to demand enhanced safeguards for journalists and to campaign for measures that promote press freedom and guarantee unrestricted access to information.

World Press Freedom Day serves as a platform for various entities such as governments, civil society organizations, media professionals, and the general public to convene and deliberate on matters pertaining to press freedom and the progress of media. This day facilitates conversations and partnerships between stakeholders through workshops, conferences, and other engagements, thereby enhancing comprehension of the indispensable function of a liberated and autonomous media in a society.

World Press Freedom Day- History

In 1991, the UNESCO General Conference put forth the concept of commemorating and advancing the fundamental principles of press freedom through an occasion called World Press Freedom Day. Later, in 1993, the UN General Assembly adopted a resolution to officially designate May 3 as World Press Freedom Day.

Since that time, each year this day is commemorated to increase awareness about the importance of press freedom and to remind governments of their obligation to uphold the right to freedom of expression. It also serves as a chance to pay tribute to journalists who have sacrificed their lives in the line of duty and to advocate for the safety and autonomy of journalists who strive to disseminate information to the public.

Indian Job Market To Witness 22% Churn In 5 Years: WEF

A new study by the World Economic Forum (WEF) suggests that the Indian job market is expected to witness a 22% churn over the next five years.

India’s Job Market Expected to Witness 22% Churn over Next 5 Years:

According to a recent study conducted by the World Economic Forum (WEF), the job market in India is projected to experience a turnover of 22% in the next five years, with the most promising job opportunities emerging in the fields of AI, machine learning, and data. On a global scale, the job market turnover is anticipated to be around 23%, with the creation of 69 million new jobs and the elimination of 83 million jobs by 2027.

Employers Anticipate 69 Million New Jobs to Be Created and 83 Million Eliminated Globally:

Based on a survey of 803 companies, the report estimates that out of the 673 million jobs included in the dataset, 69 million new jobs are expected to be created while 83 million jobs are anticipated to be eliminated. This indicates a net decrease of 14 million jobs, which is equivalent to a 2% reduction in current employment.

ESG Standards, Adoption of New Technologies, and Broadening Digital Access Drive Job Growth:

According to the report, a majority of companies in India (61%) believe that the wider application of ESG (environmental, social, and governance) standards will lead to job growth. This is followed by an increased adoption of new technologies (59%) and the expansion of digital access (55%). The top roles for industry transformation in India are expected to be AI and machine learning specialists, as well as data analysts and scientists.

Manufacturing and Oil and Gas Sectors Have the Highest Level of Green Skill Intensity Globally:

The report discovered that the manufacturing and oil and gas industries possess the greatest degree of green skill intensity worldwide. The top three countries with the highest green skill intensity in the oil and gas sector are India, the US, and Finland, according to the report.

Macro Trends Driving Job Growth:

The World Economic Forum (WEF) stated that there are certain macro trends that are driving job growth globally. These trends include the green transition, ESG (Environmental, Social, and Governance) standards, and the localisation of supply chains. On the other hand, economic challenges such as high inflation, slower economic growth, and supply shortages pose a great threat to job growth. The WEF also pointed out that the increasing adoption of technology and digitisation will result in significant changes in the labour market. However, despite these changes, there will be an overall net positive impact on job creation.

The Future of Jobs Report: Challenges and Opportunities:

The Future of Jobs report from the World Economic Forum (WEF) discovered that technology presents both difficulties and possibilities for job markets. However, employers anticipate that the majority of technologies will have a favorable impact on job creation. Big data is the highest-rated technology expected to generate employment opportunities. The demand for data analysts and scientists, big data specialists, AI machine learning specialists, and cybersecurity professionals is projected to increase by an average of 30% by 2027.

Education and Agriculture Sectors to See Significant Job Growth:

According to the report, the education and agriculture sectors will see the biggest increase in job opportunities. The education industry is predicted to grow by approximately 10%, resulting in an extra 3 million jobs for vocational and university teachers. Meanwhile, agricultural professionals, specifically equipment operators, graders, and sorters, are projected to see job opportunities increase by 15-30%, resulting in an additional 4 million jobs.

Training Opportunities for Workers:

According to a report, by 2027, 60% of the global workforce will need some form of training, but currently only half of all employees have access to sufficient training opportunities. Additionally, the report suggests that, on average, 44% of a worker's skills will need to be updated.