Archives: Current Affair

Wide Range of Estimates: Subsidies for fossil fuels are estimated between $1 trillion and $7 trillion, depending on the definitions and methodologies used. Explicit Subsidies: These include direct government payments to make fossil fuels cheaper. Global explicit subsidies amounted to $1.5 trillion in 2022, comparable to the GDP of Russia or Australia. 80% of explicit […]

Tax Cut to Boost Economy: The Centre’s decision to reduce the income tax burden aims to stimulate economic growth by increasing demand, savings, and investments while addressing public concerns. Addressing Public Angst: The tax cuts are a response to observed public discontent and an effort to revitalize weakening growth engines. All Engines of Growth to […]

Operation Eleven: Special Crowd Management Plan for ‘Amrit Snan’ on Basant Panchami at Maha Kumbh The Uttar Pradesh government has devised a special crowd management plan named ‘Operation Eleven’ for the ‘Amrit Snan’ on Basant Panchami at Maha Kumbh, which will take place on Monday. The plan, developed under strict instructions from Chief Minister Yogi […]

Why in News ?The theme for World Wetlands Day 2025 is “Protecting Wetlands for Our Common Future.” This theme underscores the urgency of bold action to protect these natural habitats for the welfare of all people, ensuring that future generations can continue to benefit from all that wetlands provide. Significance of World Wetlands Day: World […]

67th Annual Grammy Awards 2025 : Event Overview The Grammy Awards were held amid California’s wildfire crisis, with the Recording Academy raising funds for relief efforts and honoring first responders. Biggest Nominee Beyoncé: 11 nominations, setting a new record for most Grammy nominations by a female artist (99 total). Key Winners Album of the Year: […]

Uttar Pradesh Launches the “Conservation of Wetlands for the Future of All” Program Environmental Importance: Wetlands play a critical role in maintaining ecosystems by conserving groundwater, aiding irrigation, providing drinking water, and controlling floods and droughts. They also store carbon and help in the conservation of aquatic life, plant species, and migratory birds. Resources and […]

Why in News? Thousands of demonstrators have recently gathered in Argentina’s capital Buenos Aires and in cities across the country to protest President Javier Milei’s speech at the World Economic Forum in Davos last week, during which he slammed ‘wokeism,’ feminism and other progressive ideals. Wokeism refers to a social and cultural movement that emphasizes […]

Public Sector Banks will develop a ‘Grameen Credit Score’ framework to empower self-help groups (SHGs) and rural borrowers About Grameen Credit Score: Objective and Purpose: Main Objective: To simplify access to financial services and loans for rural borrowers. Empowerment of Self-Help Groups (SHGs): The system aims to help self-help groups (SHGs) and rural borrowers, who […]

National Manufacturing Mission Launched: Goal: Strengthen domestic manufacturing and reduce import dependence in critical sectors. Focus Areas: Solar PV cells, EV batteries, wind turbines, high-voltage transmission equipment, and grid-scale batteries. Coverage: Small, medium, and large industries; support for investment, execution plans, and monitoring framework. Support for Clean Energy & Electric Mobility: Policy Support: Aims to […]

 Why in News ? In a significant development for Northeast India, Tripura has become the first state to adopt artificial intelligence (AI) for greater digital inclusion by implementing advanced text-to-speech technology as part of the BHASHINI initiative, according to recent government announcements. About the BHASHINI Platform: BHASHINI (BHASHa INterface for India) is an AI-powered language […]