- The fourth industrial revolution will not play important role in agriculture but also in health, urban transformation urban space, and the environment.
- For this purpose WEF set up the center for the fourth industrial revolution in 2017 to help these core sectors.
- In line with WEF C4IR, the Telangana government has already started using AI for agricultural innovation.
- The union ministry of agriculture has also worked toward creating a digital ecosystem.
- Apart from that, this digital data can be used to help farmers, who are facing issues with the settlement of insurance claims.
- WEF is also looking for generating revenue from the surplus produced by the farmers because it often gets wasted.
- Through this initiative, farmers will be provided correct information on which pesticide should be used at what time and what is the best method to use it
- As of now, WEF is looking at 5-6 States to demonstrate the impact of its fourth industrial revolution initiatives.
- They were also trying to focus on one million farmers through its programs in the next two years so that it further can be scaled.
- Static Part:
- World Economic Forum:
- The World Economic Forum (WEF) is a Swiss nonprofit foundation established in 1971
- Headquarters: Geneva, Switzerland.
- Founder & Executive Chairman: Klaus Schwab.
- Important Reports published by WEF are: The energy transition index, global competitiveness report, and global IT report.
- NITI Aayog:
- NITI Aayog is a premier policy think tank of the Government of India.
- The main aim is to achieve sustainable development goals through the active involvement of the state government in the planning process.
- It was established in 2015 through executive resolution and replaced by the Planning Commission of India.
Question:
Q.1 Global Talent Competitiveness Report Released By?
a. IMF
b. World Bank
c. WEF
d. AIIB
a. IMF
b. World Bank
c. WEF
d. AIIB
