Archives: Current Affair

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 […]

The Rubber Board of India has introduced two significant initiatives, iSNR (Indian Sustainable Natural Rubber) and INR Konnect, as part of its efforts to enhance India’s rubber industry globally and boost domestic production. iSNR (Indian Sustainable Natural Rubber) and INR Konnect The Rubber Board of India has introduced two key initiatives to enhance India’s rubber industry: iSNR (Indian Sustainable Natural Rubber): iSNR […]

The Lokpal is an anti-corruption ombudsman institution established in India to investigate complaints of corruption in public offices, specifically among government officials, including the Prime Minister, Ministers, and Members of Parliament. The institution is designed to provide an accessible mechanism to tackle corruption and ensure greater transparency in the functioning of public offices. History and […]

Why in News ? Prime Minister Narendra Modi  has recently lauded the Election Commission of India (ECI) for its dedication to ensuring fair elections, particularly in his monthly radio programme, “Mann Ki Baat”. He emphasized the importance of National Voters’ Day (January 25), marking the establishment of the ECI and the crucial role of people’s […]

The Global Risks Report 2025, released by the World Economic Forum, identifies and analyzes the most pressing global risks for the short term (1-2 years) and long term (10 years), offering insights into the interconnected challenges facing the world. The report is based on the Global Risks Perception Survey (GRPS) and emphasizes the need for […]