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Electric Vehicle Policy Prelims-Miscellaneous. 1. India plans to offer incentives to companies setting up advanced battery manufacturing facilities to promote the use of electric vehicles and cut down dependence on oil. 2. A proposal drafted by NITI Aayog states that India could slash its oil import bills by as much as $40 billion by 2030 if electric vehicles were widely adopted. 3. The battery energy storage industry is at a very nascent stage in India with investors being a apprehensive to invest in a sunrise industry. 4. According to NITI aayog, the annual domestic demand for battery storage and market size could grow to 230 gigawatt hours and more than $14 billion in ten years time. Source: Reuters. 🍁🍁🍁🍁🍁🍁🍁🍁🍁🍁 Join >> @dailynewscom

GS II: INTERNATIONAL G4 seeks time-bound reform of Security Council: India, Brazil, Japan and Germany agree to work with like-minded countries for ‘concrete outcomes’ Foreign Ministers from the Group of 4 — India, Brazil, Japan and Germany — a group that is seeking permanent membership of the UN Security Council (UNSC), met virtually to further their objective. The four countries stressed delivering concrete outcomes, in writing and within a time frame. “Participated in #G4 Foreign Ministers Meeting that called for a decisive push for UNSC reforms during #UN75. Unanimous call for text-based negotiations in a fixed time frame. Reformed Multilateralism guides India’s approach to the United Nations,” External Affairs Minister S. Jaishankar tweeted. His counterparts at the G4 meeting were Motegi Toshimitsu (Japan), Niels Annen, (Minister of State representing German Foreign Minister Heiko Maas) and Ernesto Araújo (Brazil). The Ministers reaffirmed their common resolve to “finally take decisive steps towards the early and comprehensive reform of the Security Council that was envisaged by Heads of State and Government in the 2005 World Summit,” as per a joint press statement released by the Ministry of External Affairs. The G4 will work with “other reform-minded countries and groups” to start text-based negotiations (TBN) without delay and seek “concrete outcomes” during the 75th session of the UN General Assembly, which has just begun and lasts until next September. “G4 Ministers reiterated support for each other’s membership to the UNSC “given the capacity and willingness to take on major responsibilities with regard to the maintenance of international peace and security”, the statement said. India, which, in January, will commence a two-year non-permanent term on the UNSC, has long sought a permanent seat at the Council and is a proponent of other UNSC reforms — such as increasing the number of permanent (currently five) and non-permanent (currently 10) seats and ensuring greater representation for Africa. “Africa needs to be represented in both the permanent and non-permanent categories of membership of a reformed and expanded Security Council to correct the historical injustice against this continent with regard to its under-representation in the Security Council,” the G4 countries said. India is a proponent of text-based negotiations at the UN. 🍁🍁🍁🍁🍁🍁🍁🍁🍁🍁 Join >> @dailynewscom

New Farm Ordinances and related concerns. WHY PROTEST IS HAPPENING?? For more such updates join HERE>> @dailynewscom

GS II: POLITY - PARLIAMENT Labour Bills passed amid boycott: Changes meant to help workers, industries and other stakeholders, says govt Parliament passed three Bills that complete the government’s codification of 29 labour laws into four codes, with the Rajya Sabha passing the Industrial Relations Code, 2020, the Occupational Safety, Health and Working Conditions Code, 2020 and the Social Security Code, 2020. The Upper House passed the three Bills after less than two hours of discussion, while the Opposition continued its boycott that started over the passage of two agriculture Bills. Four codes: The three Bills that merge 25 laws were passed by the Lok Sabha. The first of the four codes, the Code on Wages, was passed by Parliament in 2019. Speaking in the Rajya Sabha, Labour and Employment Minister Santosh Kumar Gangwar said the passage of the Bills would balance the needs of workers, industry and other stakeholders. Referring to the empty Opposition benches, Mr. Gangwar said it wasn’t a new thing that the Congress was absent, adding that the party had not worried about workers in the past. Responding to concern that the Industrial Relations Code had imposed a 14-day notice period for strikes, Mr. Gangwar said: “The government has not taken away the workers’ right to strike.” The notice period gave the two parties a chance to resolve the dispute, he added. The Minister said the changes in the labour laws were needed for the welfare of workers and promotion of industries. He said for the first time, 50 crore workers of the organised and unorganised sectors as well as the self-employed were covered under minimum wage and social security laws. Platform and gig workers were covered under the Social Security Code as well, giving the government the power to formulate social security schemes for them. The IR Code will allow companies with under 300 workers to decide on termination and other service conditions of employees without prior approval, as opposed to companies with less than 100 staff as of now. 🍁🍁🍁🍁🍁🍁🍁🍁🍁🍁 Join >> @dailynewscom

3 LABOUR CODE BILLS (in detail) From Study IQ Education.

INDIA AS A SUPERPOWER: https://youtu.be/ahmXYX4Zd9k