Current Affairs Notes

The Green Steel Taxonomy, launched by the Union Ministry of Steel, is a groundbreaking initiative to decarbonise India's steel industry and achieve net-zero emission intensity by 2070. This classification framework sets clear standards for evaluating and certifying steel products based on their … [Read more...] about Green steel taxonomy: World’s first launched by India

India’s First Hyperloop Test Track has been unveiled by IIT Madras. Through this India joins countries like the USA, UAE, and Netherlands in developing Hyperloop technology. This initiative could position India as a leader in next-generation transportation systems. Read here to learn more. IIT … [Read more...] about Hyperloop: A High-Speed Transportation System

Green-Gray infrastructure is an innovative approach that combines natural ecosystems with traditional engineering solutions to address environmental and infrastructure challenges. This integrated model enhances resilience against climate impacts while promoting sustainable development. Read here to … [Read more...] about Green-Gray Infrastructure

India’s engagement with West Africa, particularly with Nigeria, has gained momentum in recent years as part of its broader strategy to enhance ties with Africa. This relationship is shaped by historical linkages, economic opportunities, energy security, and a shared commitment to South-South … [Read more...] about West Africa: India’s strategic focus and Relations with Nigeria

What is de-dollarization? What would be its impact? Why is it gaining momentum in today’s geopolitical stage? Read here to learn more. At the 16th BRICS summit in October 2024, BRICS countries discussed increasing the use of local currencies in trade or creating a new BRICS currency, to reduce … [Read more...] about De-dollarization: BRICS nations mull local currencies for trade

The International Debt Report 2024 by the World Bank highlights key trends in global debt, particularly for low- and middle-income countries. Read here to learn more. One significant finding is the continued rise in external debt, with global economic vulnerabilities exacerbated by interest rate … [Read more...] about International Debt Report 2024

The Lok Sabha passed the Banking Laws Amendment Bill, 2024, the first Bill of the Winter Session in December 2024. The Banking Laws Amendment Bill 2024, aims to enhance governance and regulatory oversight in India's banking sector by amending key statutes. Read here to learn more. The Banking … [Read more...] about Banking Laws Amendment Bill 2024

PRAGATI (Pro-Active Governance and Timely Implementation) is a transformative initiative by the Indian government aimed at accelerating infrastructure development and governance reform. The PRAGATI platform was launched in 2015 as a part of the Digital India Program. Read here to learn more about … [Read more...] about PRAGATI (Pro-Active Governance and Timely Implementation)

The SASCI scheme (Special Assistance to States for Capital Investment) is an initiative by the Government of India to enhance capital expenditure in states and Union Territories. Capital expenditure refers to spending on assets like infrastructure, roads, railways, and other long-term investments … [Read more...] about SASCI Scheme: Boosting tourism in India