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India-born Economist Geeta Batra Named As First Woman Director of World Bank’s GEF

Geeta Batra, a distinguished India-born economist, has been appointed as the Director of the Independent Evaluation Office of the World Bank’s Global Environment Facility (GEF). This historic appointment makes her the first woman from a developing country to hold this prestigious position. 

Currently serving as the Chief Evaluator & Deputy Director for Evaluation at the GEF’s Independent Evaluation Office (IEO), affiliated with the World Bank, Batra’s nomination for the role received unanimous approval during the 66th GEF Council Meeting in Washington on February 9.

Geeta Batra, aged 57, outlined her top priorities, emphasizing the delivery of sound evaluative evidence on GEF’s results and performance, leadership to keep the GEF IEO at the forefront of environmental evaluation, and the strengthening of IEO teams through skill development. 

Her role will also involve building partnerships with multilateral and bilateral agencies, foundations, and networks, sharing knowledge on effective environmental strategies.

Born in New Delhi, Batra pursued her education in Mumbai and Chennai, completing her Economics degree and an MBA in Finance.

Inspired by her professor, Harkant Mankad, she pursued a Ph.D. in Economics in the United States. After working in various roles, including Senior Manager, Risk, at American Express and serving at the World Bank’s Private Sector Development Department, she joined the GEF’s IEO in 2015.

The GEF has been a significant player in the environmental sector since the Rio Earth Summit in 1992, providing substantial grants and co-financing for projects addressing global environmental concerns. Geeta Batra’s appointment signifies a major milestone, reflecting her extensive experience and commitment to environmental evaluation.

With IANS Inputs

source/content: indiatimes.com (headline edited)

INTERNATIONAL: LEADERS IN USA: Ashwin Ramaswami? The First Gen Z Indian-American In US Senate Race

The most recent Indian American to enter US politics is a 24-year-old software engineer, who is the first Gen Z candidate of Indian descent to run for state senate in the nation.

Ashwin Ramaswami is a second-generation immigrant who has the distinction of being the first Indian American senator from Georgia and the only one with a law degree in addition to a computer science degree. If elected.

He is a Democratic candidate facing off against Republican Shawn Still, who was charged with the same crimes as former US President Donald Trump for the US Capitol uprising on January 6.

Ashwin Ramaswami: Who Is He?

Ramaswami is a tech startup entrepreneur who has worked in cybersecurity for the US government and currently runs a technology law and policy consulting firm.

His parents, both IT professionals, immigrated from Tamil Nadu to US in 1990 and Ramaswami graduated from Stanford University in 2021. “I was born and grew up in Georgia. I’m a second-generation immigrant, an Indian American, a twin brother, and an engineer,” his campaign website reads.

“I’m running for (Georgia) State Senate in order to give back to my community. I want to make sure that everyone has the same opportunities that I had growing up,” the 24-year-old told news agency PTI.

Ramaswami says he is keen to make sure the young people have who come from “unconventional backgrounds in politics” have “a new voice”.

“I’m a Hindu”

Even as a young techie, Ramaswami says he is grounded in Indian culture. “I’m a Hindu. I’ve been very interested in Indian culture philosophy my whole life,” he said.

The 24-year-old, who was raised on epics like the Ramayana, Mahabharata, and Bhagavad Gita, also taught Hindu philosophy and culture to schoolchildren at the Hindu spiritual movement’s Chinmaya Mission Balavihar.

“When I was in college, I learned Sanskrit and ended up reading a lot of ancient texts and got very interested in reading Upanishads, ..and my whole life I’ve been very involved in yoga and meditation and now also teaching Baal Vihara to younger students,” he told news agency PTI.

Apart from this, he founded the Dharmic Law Student Organization, a group that conducts programs for Buddhist, Hindu, Sikh, and Jain students.

Gen Z And Political Goals

As a civil servant involved in election security, Ramaswami claimed to have contributed to the security of the 2020 and 2022 elections. In response to scepticism regarding his youth in his State Senate campaign, the twenty-four-year-old claimed that his generation is “very aware politically.”

“We very much see the news, we see all these things happening, and we want to ensure a good future for ourselves. But I think one problem we face is we don’t have the resources or ability to go and make a difference in the sense that it’s really hard for people my age to get elected because the election process skews towards people who are wealthier and older,” he said.

With his eyes set on the state senate, Ramaswami says he aims to increase wages for state employees and introduce better technology to secure elections. He also plans to Introduce “common-sense gun laws” and antitrust laws to hold big tech companies accountable for online harms.

The young techie wants to create a sustainable tech hub in the south of US and make Georgia a leader in green energy investments.

source/content: zeenews.india.com (headline edited)

NATIONAL: DEFENCE & AVIATION: Mid-air Refuellers, Maritime Planes in India’s ₹84,560 cr Defence push

The DAC accorded its acceptance of necessity (AoN) to the capital acquisition projects, paving the way for inducting a range of capabilities.

Lending further momentum to the ongoing self-reliance drive in the defence manufacturing sector, India on Friday approved several key proposals worth Rs.84,560 crore to strengthen the military’s operational readiness, including the purchase of more mid-air refuellers, medium-range maritime reconnaissance and multi-mission aircraft, heavy weight-torpedoes and new generation anti-tank mines.

The Defence Acquisition Council (DAC), headed by Union defence minister Rajnath Singh, accorded its acceptance of necessity (AoN) to the capital acquisition projects, paving the way for inducting a range of capabilities that will help the three services and the coast guard address challenges in their vast domains.

“In the true spirit of ‘Aatmanirbharta’, the approvals accorded today lay special emphasis on the procurement of various equipment from Indian vendors,” the defence ministry said in a statement.

The clearance for the purchase of six mid-air refuellers to extend the reach of the Indian Air Force’s fighter jets is by far the most notable development considering it comes against the backdrop of previous failed attempts to buy new tankers, officials aware of the matter said, asking not to be named.

The refuellers were cleared under the ‘Buy (Global)’ acquisition category which refers to the outright purchase of equipment from foreign or Indian vendors.

IAF operates a fleet of six Russian-origin Ilyushin-78 tankers that are plagued by maintenance problems and the force urgently needs at least six more refuellers.

The go-ahead for 15 new C-295 aircraft in a maritime configuration for the navy and coast guard is equally critical, the officials said.

IAF received the delivery of its first C-295 transport aircraft from Airbus Defence and Space in September 2023. The aircraft was the first of the 56 such planes ordered by IAF under a Rs.21,935 crore project to modernise its transport fleet. The European plane maker will deliver 16 planes in flyaway condition, while the rest will be assembled in India at a Tata facility in Gujarat’s Vadodara.

DAC has accorded AoN, under the Buy (Indian-IDDM) category, for new generation anti-tank mines “with seismic sensor and provision of remote deactivation with additional safety features,” the statement said. IDDM stands for indigenously designed, developed and manufactured.

Under India’s defence procurement rules, the council’s AoN is the first step towards buying military hardware. The Indian-IDDM category is the most important category of acquisition for indigenisation under the defence procurement policy.

“To enhance the operational efficiency and domination in the tactical battle area for engaging targets that are beyond visual line of sight by the mechanised forces, AoN under Buy (Indian-IDDM) category has also been accorded for procurement of canister launched anti-armour loiter munition system,” the statement said.

The military hardware cleared by the council includes air defence tactical control radars to detect slow, small and low-flying targets as well as surveillance, detection and tracking of other targets; active towed array sonar with capabilities to operate at low frequencies and various depths for long range detection of enemy submarines; and heavy-weight torpedoes for enhancing the capabilities of Kalvari class submarines.

India has sharpened its focus on the defence manufacturing sector during the last five to six years and has taken several measures to achieve self-reliance. These include banning the import of a range of weapons, systems and parts, creating a separate budget for buying locally made military hardware, increasing foreign direct investment from 49% to 74% and improving ease of doing business.

Setting aside a budget for India-made weapons and systems is one of the key measures to boost self-reliance. Around Rs.1 lakh crore was earmarked for domestic procurement in the defence budget for 2023-24, compared to Rs.84,598 crore, Rs.70,221 crore and Rs.51,000 crore in the three previous years.

source/content: hindustantimes.com (headline edited)