Archives: Current Affair

Explanation of the Article: The article discusses the challenges and opportunities in reviving India’s economic growth amid high food inflation, slow private investment, and global uncertainties. Senior Reserve Bank of India (RBI) officials emphasize boosting consumption to stimulate the economy and address structural issues. Key Issues and Challenges: 1. Slow Private Capital Expenditure (Capex): Private […]

Why in News ?Recently , a rat-hole mine in Assam’s Dima Hasao district was flooded, trapping nine men. What is Key issues with rate hole mining ? Increased Coal Prices Due to Illegal Status: The “illegal” status of rat-hole coal mining has driven up the price of coal significantly, making it more lucrative for mine […]

Why in News ? The Home Minister has recently addressed on the implementation of 3 new laws & new challenges. Key Points from the Home Minister’s Address : Scrutiny before registering Cases: Senior police officials to ensure cases meet the criteria for sections related to terrorism and organized crime. Misuse of legal provisions undermines the […]

QS World Future Skills Index 2025 India’s Ranking: India ranked 25th across all indicators, classified as a “future skills contender.” India ranks 2nd in areas like Artificial Intelligence (AI) and Green Skills, trailing only the US. Economic transformation ranking: 40th – Indicates a need for improvement to adapt to economic changes. Workforce readiness ranking: 37th […]

Why in News ? The commerce ministry is likely to seek further extension of the interest equalisation scheme in the forthcoming Budget on pre- and post-shipment rupee export credit for another five years to promote the country’s outbound shipments,  About the IES : The Interest Equalization Scheme (IES) is a government initiative designed to make […]

Why in News ? The government is introducing a fast-track immigration programme for Indian nationals and Overseas Citizen of India (OCI) cardholders at seven major airports Overview: A fast-track immigration programme launched by the Union Home Ministry. Aimed at Indian nationals and Overseas Citizen of India (OCI) cardholders. Part of the ‘Viksit Bharat@2047’ vision, providing […]

Key Points on the Impacts of Rupee Weakening Sharp Devaluation of Rupee: Driven by capital outflows, higher import costs, and policy shifts by the RBI. Structural issues include rising domestic prices and real exchange rate appreciation. Exchange Rate Regimes: Nominal exchange rate: Price of foreign currency in domestic currency terms. Real exchange rate: Relative price […]

Chief Guest and Contingent: Indonesian President Prabowo Subianto will be the chief guest at India’s Republic Day Parade in 2025. Indonesia will send the largest foreign military contingent so far, with 352 members including 152 marching troops and 189 cadets. Strengthening Strategic Cooperation: The visit underscores the growing strategic partnership between India and Indonesia, with […]

Tamil Nadu’s first batch of women has been trained under the Central Government’s Namo Drone Didi scheme to assist farmers. The initiative aims to empower rural women by providing technical training in drone operations and integrating them into the farming supply chain. 2. Benefits for Farmers: The drones are used to spray fertilizers, pesticides, and […]

8th Pay Commission: Implementation Timeline: Expected Start Date: January 1, 2026. Formation of Commission: Likely to be constituted by mid-2024, 18 months before implementation. **2. Fitment Factor: Definition: A multiplier applied to the current basic pay to calculate the revised salary. 7th Pay Commission Factor: 2.57 (raised minimum basic pay from ₹7,000 to ₹18,000). 8th […]