Archives: Current Affair

 Why in News? The Supreme Court has recently acknowledged the courage of the women who had defied personal and professional costs to lodge complaints of sexual abuse in the Kerala film industry, but said investigating agencies must also respect the women who wanted to keep quiet. History and Background: The Hema Committee was constituted in […]

Stakeholder Capitalism is an economic system or business model that prioritizes the interests of all stakeholders in a company, rather than just its shareholders. In this model, a company is expected to create long-term value not only for its shareholders but also for other groups that are impacted by its activities. These groups, or “stakeholders,” […]

Minimum Income Support (MIS) refers to a government policy aimed at providing a guaranteed income to individuals or families, particularly from low-income or vulnerable groups, to ensure they have a basic standard of living. Unlike traditional subsidies or price guarantees (like MSP), MIS focuses on securing a minimum level of income for people, regardless of […]

The World Economic Forum (WEF) is holding its Annual Meeting from January 20 to 24 in Davos, Switzerland. Attendees will include European Commission President Ursula von der Leyen, China’s Vice Premier Ding Xuexiang, and other leaders in business and politics. Who initiated the World Economic Forum (WEF)? German professor Klaus Schwab founded the WEF. He […]

Revised Open Market Sale Scheme (Domestic) [OMSS(D)] Policy 2024-25 Key Updates: Reserve Price for Rice: Fixed at ₹2,250 per quintal for sale to State Governments, State Corporations, and Community Kitchens. No e-auction participation required. Ethanol Production Support: Reserve price for rice sold to ethanol distilleries also set at ₹2,250 per quintal.  What is Open Market […]

7 Imperatives to Build a Viksit Agri Economy by 2047 1. Leveraging AI in Agriculture: India is exploring AI for weather forecasting, pest control, and crop yield optimization, but adoption remains limited to a small subset of tech-savvy farmers. Global Example: Generative AI in the US and Europe provides precision farming at scale with real-time […]

Fueling Surge in Exports: India is the seventh-largest coffee producer globally with exports reaching $1.29 billion in FY 2023-24, nearly double the $719.42 million in 2020-21. Over 9,300 tonnes of coffee exported in January 2025 to key buyers like Italy, Belgium, and Russia. Rich Heritage of Coffee in India: Coffee cultivation in India began in […]

The International Labour Organization (ILO) has recently released the fourth edition of its Global Estimates on International Migrant Workers. The report highlights the critical contributions made by international migrants to the global labor market, alongside the challenges they face. Key Highlights from the ILO Report on International Migrant Workers: Global Contributions: In 2022, international migrants […]

Why in News ? Prime Minister Narendra Modi has recently  said that  once property cards under the Centre’s SVAMITVA scheme have been distributed in all the villages of the country, it could unlock economic activity worth over Rs 100 lakh crore. The Prime Minister was addressing an event to distribute over 65 lakh property cards to […]

 Why in news ? The Security transaction tax ( STT)  has recently  jumped to  75 % despite market volatility . What is Security Transaction Tax (STT)? Security Transaction Tax (STT) is a tax levied on the transaction of securities that are traded on Indian stock exchanges. It was introduced by the Indian government in the Finance Act […]