Current Affair Diary 24/10/2020

Blue Dot Network

✓A group of the US Senators has asked India to join the Blue Dot Network (BDN) in a letter.

✓The BDN was announced in 2019 at the Indo-Pacific Business Forum in Bangkok, Thailand.

✓It is led by the USA along with Japan and Australia.

✓It is a multi-stakeholder initiative to bring together governments, the private sector and civil society to promote high-quality, trusted standards for global infrastructure development.

✓It is expected to serve as a globally recognized evaluation and certification system for roads, ports and bridges with a focus on the Indo-Pacific region.

✓It does not offer public funds or loans for the project.

✓Blue Dot certification shall serve as a globally recognized seal of approval for major infrastructure projects.

#GALLANT IAS

29/10/2020
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