NABARD/IRDA/NICL/RBI Gr A/B 2025 Miscellaneous GA

CURRENT MISCELLANEOUS GA
April 1-15 2025

April 1st – 15th

Note

1. Practice and revision will show actually where you stand and then you can rate your
performance and put your efforts accordingly.
2. Most important cover your Weekly Newspaper analysis on daily basis updated on platform.
3. Do not pile up your assignments & tests.
4. Prepare hand written notes piling it in convenient form in 2-3 pages for quick revision during
exam

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NABARD/IRDA/NICL/RBI Gr A/B 2025 Miscellaneous GA

Contents
1 National News....................................................................................................................................... 7
1.1 Record 4,515 Child Adoptions in FY 2024-25, Highest in 12 years .................................................. 7
1.2 FM launches “NITI NCAER States Economic Forum” Portal ........................................................... 7
1.3 Pilot project for the World's Largest Grain Storage Scheme .......................................................... 7
1.4 Waaree Energies launches India's largest solar cell facility ............................................................. 8
1.5 GACL inaugurates India's largest chlorotoluenes plant at Dahej .................................................... 8
1.6 'Yoga for One Earth, One Health' - Theme for IDY2025 ................................................................. 8
1.7 ZooWIN Platform ........................................................................................................................... 8
1.8 India Assist signs MoU to launch UAE operations .......................................................................... 9
1.9 Amalsad Chikoo from Gujarat's Navsari gets GI tag ....................................................................... 9
1.10 ADB Projected India Economy Grow By 6.7% in FY2025 ................................................................ 9
1.11 India Global Forum's NXT25 Summit 2025 ..................................................................................... 9
1.12 India achieves record $825 billion in exports for 2024-25 ............................................................... 9
1.13 52nd Chief Justice of India .............................................................................................................. 9
1.14 India votes in favour of first global carbon tax on shipping ............................................................. 9
1.15 Crisil projects 6.5% GDP growth for India in FY26 ........................................................................ 10
1.16 Plastic Parks in India..................................................................................................................... 10
1.17 Green Credit Programme (GCP) ................................................................................................... 11
1.18 NCDRC Dismisses WazirX Case .................................................................................................... 11
1.19 Modi’s 21-Point Action Plan for BIMSTEC Regional Cooperation ................................................. 11
1.20 Namami Gange Mission 2.0 ......................................................................................................... 11
2 International News .............................................................................................................................. 12
2.1 Morocco Launches Water Highway Project ................................................................................. 12
2.2 11th BRICS Environment Ministers’ Meeting in Brasilia, Brazil ..................................................... 12
2.3 6th BIMSTEC Summit, Thailand................................................................................................... 12
2.4 Singapore Changi Airport named World's Best Airport 2025 ....................................................... 12
2.5 Mauritius Becomes the 1st African Country to Sign ISA's ............................................................. 12
2.6 Bangladesh inks 'Artemis Accords' with NASA ............................................................................ 13
2.7 UNCTAD Frontier Technologies Readiness Index ........................................................................ 13
2.8 World’s First 3D-Printed Train Station in Japan ............................................................................ 13

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2.9 Moody's Analytics cuts India's 2025 growth forecast to 6.1% ....................................................... 13
2.10 ACI's World's Top 10 Busiest Airports in 2024 .............................................................................. 13
2.11 SAARC Development Fund .......................................................................................................... 13
3 Economic and Business News ............................................................................................................. 14
3.1 RBI raises liquidity limit for standalone primary dealers ............................................................... 14
3.2 RBI Draft Guidelines on Gold Loans and Co-Lending ................................................................... 14
3.3 Sebi sets up PaRRVA for risk, return performance verification..................................................... 15
3.4 Chhattisgarh’s First Supercritical Thermal Power Project ............................................................ 15
3.5 India's Axis Bank adopts JP Morgan's blockchain payments ........................................................ 15
3.6 Federal Bank, RuPay and Visa Jointly Launch Fed StarBiz ........................................................... 15
3.7 Moody's Ratings revises forecast of India's 2025 GDP growth ..................................................... 15
3.8 SBI, HDFC only Indian banks in world's 100 largest by assets ....................................................... 15
3.9 Bank of Maharashtra and Customer Capital Launch Loyalty Travel Platform for its Cardholders 16
3.10 IDFC FIRST Bank authorised by CPAO for pension....................................................................... 16
3.11 Axis Bank Partners with Fortune 500 Company for B2B solution ................................................. 16
3.12 Securis Finance secures RBI nod for NBFC ................................................................................... 16
3.13 India Post Partners with Nippon India Mutual Fund for door-to-door KYC................................... 16
3.14 RBI Keeps FPI Investment Caps Unchanged for FY2025-26 ......................................................... 17
3.15 Bank of Baroda introduces 'bob Square Drive Deposit Scheme'................................................... 17
3.16 Bandhan Bank Launches Elite Plus Account for HNIs ................................................................... 17
3.17 Juspay became India's first unicorn of 2025 ................................................................................. 17
3.18 Sebi's ₹10-lakh minimum investment rule .................................................................................... 17
3.19 NaBFID signs MoU with New Development Bank (NDB) ............................................................. 17
3.20 GP-DRASTI Initiative .................................................................................................................... 18
3.21 US Top Trading Partner Of India For 4th Straight Year ................................................................ 18
3.22 UNCTAD projects India's economy to grow by 6.5 % in 2025 ....................................................... 18
3.23 RBI, FIU-IND Sign MoU to Bolster Anti-Money Laundering ......................................................... 18
3.24 SBI Card and Tata Digital have launched the Tata Neu Cards ...................................................... 18
3.25 UIICL partners with SIDBI to offer tailored insurance solutions for MSMEs.................................. 18
3.26 SBI brings back 'Amrit Vrishti' FD from April 15 ............................................................................ 19
3.27 India's Index of industrial production records growth of 2.9% in February 2025 .......................... 20
4 State News .......................................................................................................................................... 20
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4.1 Odisha CM Majhi to launch 'Antyodaya Gruha Yojana' ................................................................ 20

4.2 Delhi becomes 35th State/UT to implement Ayushman Bharat Pradhan Mantri Jan Arogya
Yojana .................................................................................................................................................... 20
4.3 Odisha Launches Unified Health Insurance Scheme .................................................................... 21
4.4 NABARD-SBI Partnership for Rural Growth in Assam .................................................................. 21
4.5 Maharashtra signs MoU with Russia's ROSATOM ........................................................................ 21
4.6 Assam's Mukhyamantri Mahila Udyamita Abhiyaan .................................................................... 21
4.7 Warangal Chapata Chilli gets GI Tag ............................................................................................ 21
4.8 Kannadippaya gets GI Tag ........................................................................................................... 22
4.9 Bhagirath Mobile App .................................................................................................................. 22
4.10 Bhu Bharati portal launched; Telangana ...................................................................................... 22
4.11 Tamil Nadu Becomes India's Second-Highest GI-Awarded .......................................................... 22
4.12 Telangana First to Implement SC Sub-Categorisation ................................................................. 22
4.13 Odisha becomes the 34th state to implement Ayushman ............................................................ 23
4.14 25th Wildlife Sanctuary of Madhya Pradesh ................................................................................ 23
4.15 Arun Palli Chief Justice of the Jammu & Kashmir and Ladakh High Court .................................... 23
5 Defence News ..................................................................................................................................... 23
5.1 India’s journey towards self-reliance and global leadership in defence manufacturing ................ 23
5.2 OPERATION BRAHMA................................................................................................................. 23
5.3 Indian Army concludes high-altitude ARMEX-24 ......................................................................... 23
5.4 Tiger Triumph Exercise ................................................................................................................ 24
5.5 INIOCHOS-25............................................................................................................................... 24
5.6 Operation Sarvashakti: Intensive Anti-Terror Drive in J&K .......................................................... 24
5.7 Samudra Pradakshina .................................................................................................................. 24
5.8 Aikeyme 25: 1st India, Africa 6-day maritime exercise ................................................................. 24
5.9 6th India-Uzbekistan Joint Military Exercise DUSTLIK-6.............................................................. 25
6 Agriculture News................................................................................................................................. 25
6.1 India’s Agricultural Projections for 2047 ....................................................................................... 25
6.2 KISAN E-MITRA and IoT enabled systems to improve crop productivity ..................................... 25
6.3 Pradhan Mantri Matsya Kisan Samridhi Sah Yojana .................................................................... 26
6.4 Citi, SBI announce $295 million facility for small farmers ............................................................. 26
6.5 NABARD extends Rs 5830 cr assistance to Jharkhand FY25 ......................................................... 26

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6.6 ICAR-CTCRI Develops Orange-Fleshed Sweet Potato ................................................................. 26

7 Ranks & Reports .................................................................................................................................. 26
7.1 Fiscal Health Index 2025............................................................................................................... 26
7.2 INDIA'S 6G VISION ...................................................................................................................... 27
7.3 Global Wind Report ...................................................................................................................... 27
7.4 UNESCO's "Education and Nutrition: Learn to Eat Well" report ................................................... 27
7.5 India launches first Digital Threat Report 2024 ............................................................................ 27
7.6 India Ranks 36 in Network Readiness Index – UNCTAD ............................................................... 28
7.7 First Panchayat Advancement Index (PAI) Report Released ........................................................ 28
7.8 India Justice Report 2025 ............................................................................................................. 28
7.9 State of Social Protection Report 2025: The 2‑Billion‑Person Challenge by the World Bank ....... 28
7.10 India hosts 8th Meeting of Joint Committee on ASEAN-India Trade in Goods Agreement (AITIGA)
29
8 Awards & Events News ....................................................................................................................... 29
8.1 Abel Prize 2025 ............................................................................................................................ 29
8.2 Former England fast bowler James Anderson has been awarded a knighthood ........................... 29
8.3 Asian Wrestling Championships 2025 .......................................................................................... 29
8.4 MeitY and UNESCO to Host the 3rd AI Readiness consultation in Hyderabad ............................. 29
8.5 Sudarsan Pattnaik becomes first Indian to win UK's Fred Darrington Sand Master Award .......... 30
8.6 Captain Rajesh Unni Receives India's Highest Maritime Honour .................................................. 30
8.7 RBI recognised as World's Most Innovative Bank ......................................................................... 30
8.8 India Bags 6 Medals at World Boxing Cup 2025 in Brazil .............................................................. 30
8.9 3rd BIMSTEC Agriculture Ministerial Meeting (BAMM) in Kathmandu, Nepal ............................. 30
8.10 The 2025 World Press Photo of the Year ...................................................................................... 31
8.11 India Highlights Its BioE3 Policy and Integrated Biorefinery Initiatives at Mission Innovation
Annual Gathering 2025 at Seoul, South Korea........................................................................................ 31
9 Science & Technology News ............................................................................................................... 31
9.1 International Technology Engagement Strategy for Quantum (ITES-Q) ..................................... 31
9.2 SpaceX Fram2 mission ................................................................................................................. 31
10 Environment News .......................................................................................................................... 31
10.1 Greenhouse Gases Emissions Intensity (GEI) Target Rules, 2025 ................................................. 31
10.2 Mangrove Risk Index .................................................................................................................... 32

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10.3 MoEFCC Report: Over 13056 sq km of forest areas encroached in 25 States, UTs........................ 32
10.4 First-ever 'Himalayan High-Altitude Atmospheric & Climate Centre' in Nathatop, Chenani,
Udhampur district................................................................................................................................... 32
11 Sports in News ................................................................................................................................. 32
11.1 Rajgir to host Hero Asia Cup Hockey 2025 in August ................................................................... 32
11.2 Max Verstappen wins the 2025 Japanese Grand Prix ................................................................... 32
11.3 FIFA approves 48-team women's World Cup from 2031 ............................................................... 32
11.4 UK Set to Host the 2035 FIFA Women's World Cup ...................................................................... 33
11.5 ISSF World Cup 2025 Buenos Aires: India's medal winners .......................................................... 33
12 Days in News ................................................................................................................................... 33
12.1 Universal Acceptance (UA) Day on March 28, 2025...................................................................... 33
12.2 World Health Day 2025 ................................................................................................................ 33
13 Schemes in News............................................................................................................................. 34
13.1 Pradhan Mantri Jan Dhan Yojana ................................................................................................. 34
13.2 MGNREGA ................................................................................................................................... 34
13.3 Palna Scheme under Mission Shakti ............................................................................................ 34
13.4 Pradhan Mantri Mudra Yojana (PMMY) — completes 10 glorious Years of empowering Small and
Micro Entrepreneurs ............................................................................................................................... 35
14 Appointment News ......................................................................................................................... 36
14.1 The First African Woman to Lead the Commonwealth ................................................................ 36
14.2 Sivasubramanian Ramann appointed as PFRDA chairman .......................................................... 36
14.3 Poonam Gupta takes over as RBI Deputy Governor ..................................................................... 36
14.4 Mohsin Naqvi appointed Asian Cricket Council President ............................................................ 36
14.5 Justice Dinesh Maheshwari Appointed as Chairperson of 23rd LCI .............................................. 36

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1 National News

1.1 Record 4,515 Child Adoptions in FY 2024-25, Highest in 12 years

India’s adoption ecosystem has seen a significant boost in FY 2024-25, with a record 4,515 child adoptions,
the highest since 2015-16. Of these, 4,155 were domestic adoptions, reflecting growing acceptance of legal
adoption in the country. A strong identification drive by Central Adoption Resource Authority (CARA)
introduced 8,598 newly identified children into the adoption pool, ensuring that more children in need find
loving families. Additionally, 245 new adoption agencies were set up in coordination with state
governments to streamline the adoption process.

Key factors in this progress have been the intervention of Identification Cell and extensive training &
awareness campaigns. CARA conducted physical state orientations across 12 states and UTs, along with 45
virtual training sessions covering adoption timelines, training of CWC members, foster care, and adoption
counseling for children and prospective adoptive parents (PAPs).

1.2 FM launches “NITI NCAER States Economic Forum” Portal

Finance Minister Ms. Nirmala Sitharaman launched the “NITI NCAER States Economic Forum” portal. The
portal has been developed by NITI Aayog, in collaboration with the National Council of Applied Economic
Research (NCAER), which is a comprehensive repository of data on social, economic and fiscal parameters,
research reports, papers, and expert commentary on State Finances for a period of about 30 years (i.e 1990-
91 to 2022-23).

Four main components:

1. State Reports: Macro-fiscal summaries for 28 states.

2. Data Repository: Over 5 verticals—Demography, Economic Structure, Fiscal, Health, Education.
3. Fiscal & Economic Dashboard: Visual analytics, raw data, summary tables.
4. Research & Commentary: In-depth studies on state finances

1.3 Pilot project for the World's Largest Grain Storage Scheme
In order to create decentralized food grain storage capacity in the country, the Government on 31.5.2023
approved the World’s Largest Grain Storage Plan in Cooperative Sector, which has been rolled out as a Pilot
Project. It entails creation of various agri infrastructure at the level of Primary Agricultural Credit Society
(PACS), including setting up decentralized godowns, custom hiring center, processing units, sorting and
grading facilities, cold storage units, packhouses etc. through convergence of various existing schemes of
the Government of India (GoI), such as, Agriculture Infrastructure Fund (AIF), Agricultural Marketing
Infrastructure Scheme (AMI), Sub Mission on Agricultural Mechanization (SMAM) Pradhan Mantri
Formalization of Micro Food Processing Enterprises Scheme (PMFME), etc.

Under the Pilot project of the Plan, 11 godowns in 11 PACS have been constructed across the country and a
total storage capacity of 9,750 MT has been created.

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1.4 Waaree Energies launches India's largest solar cell facility

Waaree Energies has opened India's largest solar cell manufacturing facility in Chikhli, Gujarat, with a
capacity of 5.4 GW. This facility, located in South Gujarat, is designed to produce solar cells at a rate of 20
per second and is equipped with cutting-edge technology.

1.5 GACL inaugurates India's largest chlorotoluenes plant at Dahej

GACL has inaugurated India's largest chlorotoluenes plant at Dahej, built at a cost of ₹350 crore (~$40.93
million). With a 30,000-tonne capacity, it will create 1,000 employment opportunities and produce chlorine-
based chemicals.

1.6 'Yoga for One Earth, One Health' - Theme for IDY2025
“The theme of Yoga Day 2025 has been kept as 'Yoga for One Earth One Health'. That is, we wish to make
the whole world healthy through yoga.”

10 unique signature events to guide events to International Day of Yoga 2025

This year IDY activities will revolve around 10 unique signature events to mark the 11th edition of the global
event, which makes it the most expansive and inclusive:

• Yoga Sangama – A synchronised Yoga demonstration at 1,00,000 locations, aiming for a world
record.
• Yoga Bandhan – Global partnerships with 10 countries to host Yoga sessions at iconic landmarks.
• Yoga Parks– Development of 1,000 Yoga Parks for long-term community engagement.
• Yoga Samavesh – Special Yoga programs for Divyangjan, senior citizens, children, and
marginalised groups.
• Yoga Prabhava – A decadal impact assessment on Yoga’s role in public health.
• Yoga Connect – A Virtual Global Yoga Summit featuring renowned Yoga experts and healthcare
professionals.
• Harit Yoga – A sustainability-driven initiative combining Yoga with tree planting and clean-up
drives.
• Yoga Unplugged- An event to attract young people to Yoga
• Yoga Maha Kumbh – A week-long festival across 10 locations, culminating in a central
celebration led by the Hon’ble Prime Minister.
• Samyogam – A 100-day initiative integrating Yoga with modern healthcare for holistic wellness.

1.7 ZooWIN Platform

A digital portal developed by the National Centre for Disease Control (NCDC) in collaboration with UNDP.

Enables real-time tracking of:

i. Anti‑Rabies Vaccine (ARV)

ii. Anti‑Rabies Serum (ARS)
iii. Anti‑Snake Venom (ASV) stocks nationwide

Pilot & Rollout: Launching in five regions: Delhi, Madhya Pradesh, Assam, Puducherry, Andhra Pradesh.

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1.8 India Assist signs MoU to launch UAE operations

India Assist, a travel assistance company, has partnered with UAE authorities to launch UAE Assist,
providing complimentary travel assistance to all UAE visa holders upon arrival. This service includes real-
time support, emergency advice, and on-ground help for over 40 million visitors annually. The initiative
marks India Assist's global expansion and aims to enhance the travel experience for visitors to the UAE.

1.9 Amalsad Chikoo from Gujarat's Navsari gets GI tag

The Amalsad Chikoo, which takes its name from a village in Gujarat's Navsari district, was awarded the
Geographical Indication (GI) tag in recognition of its “unique characteristics and deep rooted connection to
the region, the Gujarat Council on Science and Technology (GUJCOST).

1.10 ADB Projected India Economy Grow By 6.7% in FY2025

The Asian Development Bank (ADB) has revised India's GDP growth forecast for FY2025-26 to 6.7%, down
from their previous estimate of 7%. This adjustment reflects concerns about potential disruptions to trade
and investment flows due to US tariff policies and broader global economic uncertainty.

1.11 India Global Forum's NXT25 Summit 2025

The India Global Forum's NXT25 Summit 2025, themed "Leading the Leap", was held in Mumbai on April 7-
8, 2025, at the Jio World Convention Centre. The summit focused on India's strategic role in the next 25
years, particularly in investment, technology, sustainability, and innovation. Key highlights included
discussions on India's potential as a global powerhouse, significant MoU signings, and participation from
global leaders and policymakers.

1.12 India achieves record $825 billion in exports for 2024-25

India's cumulative exports for the fiscal year 2024-25 reached a record high of $824.9 billion, according to
the Reserve Bank of India (RBI). This represents a growth of 6.01% compared to the previous year. The
increase was driven by strong performances in both merchandise and services exports.

• Merchandise Exports: Remained relatively stable, with a marginal increase to $437.42 billion.
• Services Exports: More than doubled, reaching $387 billion.
• Key sectors contributing to growth: Engineering goods, petroleum products, electronics, and
agricultural products like coffee, tobacco, and rice.
• Growth in specific commodities: Coffee (40.37%), tobacco (36.53%), electronics goods (32.47%),
and rice (19.73%).

1.13 52nd Chief Justice of India

Justice Bhushan Ramkrishna Gavai on Wednesday (May 14, 2025) took over as the 52nd Chief Justice of
India. Justice B.R. Gavai succeeds Chief Justice Sanjeev Khanna, who superannuated on Tuesday. Gavai will
serve as CJI for the next six months and retire on November 30 this year.

1.14 India votes in favour of first global carbon tax on shipping

• India and 62 other countries voted in favour of the world's first-ever global carbon tax imposed on
the shipping industry by the United Nations' shipping agency.

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• The decision, taken at the International Maritime Organisation (IMO) headquarters in London
• For the first time a global carbon tax has been imposed on an entire industry. Starting 2028, ships
will either have to shift to lower-emission fuels or pay a fee for the pollution they generate.
• The tax could generate up to $40 billion by 2030.

1.15 Crisil projects 6.5% GDP growth for India in FY26

Crisil projects India's GDP to grow by 6.5% in fiscal year 2026 (FY26), but also highlights the potential
downside risk of US tariff hikes. Despite external headwinds, Crisil anticipates that domestic factors like
easing inflation, interest rate cuts, and a normal monsoon will support growth.

1.16 Plastic Parks in India

The Department of Chemicals and Petro-Chemicals is implementing the Scheme for Setting up of Plastic
Parks under the umbrella scheme of New Scheme of Petrochemicals, to support setting up need-based
Plastic Parks, with requisite state-of-the-art infrastructure, enabling common facilities through cluster
development approach, to consolidate the capacities of the domestic downstream plastic processing
industry. The objective is to consolidate and synergize the capacities of downstream plastic processing
industry to help increase investment, production and export in the sector as well as generate employment.
Under the scheme, the government of India provides grant funding up to 50% of the project cost subject to
a ceiling of Rs.40 crore per project.

A plastic park is an industrial zone specifically designed for plastic-related businesses and industries. It aims
to consolidate and synergize the capacities of the plastic processing industry, promoting investment,
production, and exports while generating employment. These parks also focus on achieving
environmentally sustainable growth through waste management and recycling initiatives.

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1.17 Green Credit Programme (GCP)

Green Credit Programme (GCP) was indeed launched by India's Ministry of Environment, Forest and
Climate Change (MoEFCC) to incentivize voluntary environmental actions and promote sustainable
practices. The program aims to enhance forest cover, encourage water conservation, and facilitate waste
management, among other activities.

Alignment with LiFE: The GCP aligns with the government's "Lifestyle for Environment" (LiFE) movement,
promoting a sustainable lifestyle and encouraging pro-environment actions.

1.18 NCDRC Dismisses WazirX Case

The National Consumer Disputes Redressal Commission (NCDRC) in India dismissed a class action lawsuit
against WazirX, a cryptocurrency exchange, related to a major hack. The NCDRC cited jurisdictional issues
and the lack of a clear legal framework for cryptocurrencies in India as reasons for the dismissal. The
commission also noted that the complainants had agreed to resolve disputes under Singaporean law,
further supporting their decision to not hear the case.

1.19 Modi’s 21-Point Action Plan for BIMSTEC Regional Cooperation

Recently, PM Modi attended the 6th Bay of Bengal Initiative for Multi Sectoral Technical and Economic
Cooperation (BIMSTEC) Summit in Bangkok. The summit brought together the leaders of Bangladesh,
Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand.

Youth Development and Education: Launched the BODHI initiative (BIMSTEC for Organized
Development of Human Resource Infrastructure).

Announced:

• Training of 300 youth annually in India.

• Scholarships at the Forestry Research Institute and Nalanda University.
• An annual training programme for young diplomats.

1.20 Namami Gange Mission 2.0

The Namami Gange Mission 2.0 (NGM 2.0) is an extension of the original Namami Gange Programme
initiated in 2014. This mission aims to effectively reduce pollution and rejuvenate the River Ganga. It is set
to continue until March 2026. The mission is managed by the National Mission for Clean Ganga (NMCG)
under the Ministry of Jal Shakti and is fully funded by the central government.

In the second half of FY 2024–25, seven major projects were completed. These projects are situated in Uttar
Pradesh, Bihar, and Delhi. They focus on preventing sewage from entering rivers, thereby enhancing water
quality. The total capacity for sewage treatment under NGM 2.0 has reached 3722 MLD, with 157 sewage
treatment plants (STPs) commissioned.

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2 International News

2.1 Morocco Launches Water Highway Project

Morocco has launched a "water highway" project, a major initiative to address water scarcity in the country.
The project involves diverting water from the Sebou River, treating it, and transporting it via a 67-kilometer
underground canal to supply Rabat and Casablanca. This project aims to secure drinking water for the most
populous areas of Morocco, which have been facing water stress due to drought and climate change.
Funding: The project has an estimated cost of $728 million.

2.2 11th BRICS Environment Ministers’ Meeting in Brasilia, Brazil

India calls on BRICS to Unite on 'Baku to Belem Roadmap' to Mobilize USD 1.3 Trillion for Achieving NDC
Goals.

BRICS nations collectively account for 47% of the world’s population and contribute 36% of global GDP
(PPP), India emphasized the group's responsibility in addressing climate change and sustainable
development.

2.3 6th BIMSTEC Summit, Thailand

Prime Minister Shri Narendra Modi today participated in the 6th BIMSTEC (Bay of Bengal Initiative for
Multi-Sectoral Technical and Economic Cooperation) Summit hosted by Thailand, the current chair. The
theme of the Summit was - "BIMSTEC: Prosperous, Resilient and Open”. It reflected the priorities of the
leaders and the aspirations of the peoples of the BIMSTEC region, as well as the efforts of BIMSTEC in
ensuring shared growth in times of global uncertainties.

Prime Minister announced several India-led initiatives towards institution and capacity building in
BIMSTEC. These include setting up of BIMSTEC Centres of Excellence in India on Disaster Management,
Sustainable Maritime Transport, Traditional Medicine, and Research and Training in Agriculture. He also
announced a new programme for skilling the youth – BODHI [BIMSTEC for Organized Development of
Human Resource Infrastructure] under which training and scholarships would be provided to
professionals, students, researchers, diplomats and others.

2.4 Singapore Changi Airport named World's Best Airport 2025

Singapore Changi Airport has been named the World's Best Airport 2025 in the World Airport Awards which
were held at Passenger Terminal EXPO in Madrid on 9th April 2025. This is the thirteenth time in the
history of the awards that Singapore Changi Airport has received this top accolade.

This prestigious recognition was announced at the Skytrax World Airport Awards held during the Passenger
Terminal EXPO in Madrid. Changi Airport also won awards for World's Best Airport Dining and World's Best
Airport Washrooms.

2.5 Mauritius Becomes the 1st African Country to Sign ISA's

Mauritius has become the first African nation to sign the International Solar Alliance's (ISA) Country
Partnership Framework (CPF). This makes Mauritius the fourth country globally to sign the CPF, following

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Bangladesh, Bhutan, and Cuba. The CPF is a strategic document aimed at facilitating long-term
cooperation between ISA and its member countries on solar energy initiatives.

2.6 Bangladesh inks 'Artemis Accords' with NASA

Bangladesh recently became the 54th nation to sign the Artemis Accords with NASA, focusing on non-
military space exploration. The Artemis Accords are a set of non-binding agreements designed to promote
peaceful and cooperative civil exploration of outer space according to the U.S. Department of State. NASA
welcomes Bangladesh's commitment to the Artemis program, which aims to land humans on the Moon
again and establish a sustainable presence there.

2.7 UNCTAD Frontier Technologies Readiness Index

The UNCTAD (United Nations Conference on Trade and Development) Frontier Technology Readiness
Index (FTRI) assesses a country's readiness to use, adopt, and adapt frontier technologies. India has
improved its ranking in the FTRI, now at 36th out of 170 nations, according to the Economic Diplomacy
Division. The index considers factors like ICT deployment, skills, R&D activity, industrial capacity, and
access to finance.

2.8 World’s First 3D-Printed Train Station in Japan

Japan has built the world's first 3D-printed train station, named Hatsushima Station, located in Arida City.
The station was constructed in less than six hours using prefabricated 3D-printed components. This project,
by West Japan Railway Company (JR West), is a significant step in modernizing public infrastructure and
utilizing innovative construction technologies.

2.9 Moody's Analytics cuts India's 2025 growth forecast to 6.1%

Moody's Analytics has revised India's 2025 GDP growth forecast downward from 6.4% to 6.1%. This revision
is primarily due to the potential impact of US tariffs on Indian exports, particularly in the gems and jewellery,
medical devices, and textile industries. The 26% US tariff, which was initially paused, is still considered a
potential threat to India's trade balance.

Global Context: The UNCTAD also projects global growth to slow in 2025, but estimates India will grow at
6.5% due to strong public spending and monetary easing.

Other Forecasts: The International Monetary Fund (IMF) also lowered India's FY26 growth forecast to 6.2%
due to trade tensions and global uncertainty.

2.10 ACI's World's Top 10 Busiest Airports in 2024

Hartsfield-Jackson Atlanta International Airport retains its title as the busiest airport in the world by
passenger traffic, followed closely by Dubai International Airport in 2024.

2.11 SAARC Development Fund

The SAARC Development Fund (SDF) stands out as important financial mechanism aimed at encouraging
cooperation among South Asian nations. Established in 2005, the SDF has a capital base of $672 million and
$1.5 billion in authorised funds, focusing on member countries including Afghanistan, Bangladesh, Bhutan,
Maldives, Nepal, Pakistan, and Sri Lanka.
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Current Challenges and Opportunities

Despite its potential, the SDF faces challenges due to geopolitical tensions, particularly between India and
Pakistan. The absence of a SAARC summit since 2014 has hindered collaborative efforts. However, experts
suggest that the SDF can still play a vital role in regional integration by broadening its focus to include
infrastructure projects. This could enhance connectivity and economic integration across South Asia.

Governance Structure

The SDF is governed by a Governing Council comprising the Finance Ministers of SAARC member states.
The Board of Directors includes senior officials from finance ministries and the Secretary General of the
SAARC Secretariat. This structure ensures that the fund aligns with the regional development goals.

3 Economic and Business News

3.1 RBI raises liquidity limit for standalone primary dealers

The Reserve Bank of India (RBI) increased the aggregate limit available to Standalone Primary Dealers
(SPDs) under the Standing Liquidity Facility (SLF) from ₹10,000 crore to ₹15,000 crore, effective from April
2, 2025. This move aims to enhance the liquidity available to SPDs, enabling them to better facilitate trading
in government securities. The change allows SPDs to borrow more funds at the prevailing repo rate to meet
their liquidity needs.

3.2 RBI Draft Guidelines on Gold Loans and Co-Lending

Applies to all regulated entities: banks, NBFCs, HFCs, RRBs, cooperative banks.

Loan-to-Value (LTV) Ratio

• Capped at 75% for gold and silver loans.

• For small-ticket loans (≤ ₹2.5 lakh): relaxed LTV up to 85%.

Tenure & Repayment

• Consumption loans: max 12 months, bullet repayment allowed.

• Duplicate pledging is strictly prohibited.

Eligible Collateral:

• Allowed: Gold/silver jewellery, ornaments, and bank-issued coins (gold ≥22 carat, silver ≥92.5%).
• Not allowed: Bullion, ETFs, or coins not issued by banks.

Valuation Method:

• Based on 30-day average rate or previous day's price.

• Gold purity converted to 22-carat equivalent, silver to 999 purity rate.
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3.3 Sebi sets up PaRRVA for risk, return performance verification

The Securities and Exchange Board of India (Sebi) issued a framework for the Past Risk and Return
Verification Agency (PaRRVA), designed to independently verify the risk and return metrics claimed by
investment advisors (IAs), research analysts (RAs), and algorithmic trading providers.

3.4 Chhattisgarh’s First Supercritical Thermal Power Project

Chhattisgarh State Power Generation Company Limited (CSPGCL), an entity of the state government, will
set up the first super critical thermal power project (SCTPP) in Korba district. The project will be part of an
expansion plan of the Hasdeo Thermal Power Station (HTPS) located in Korba.

The project involves an investment of ₹15,800 crore and will add 1,320 megawatts (MW) to the current 1,340
MW capacity.

3.5 India's Axis Bank adopts JP Morgan's blockchain payments

Axis Bank, a leading private sector bank in India, has partnered with J.P. Morgan to offer real-time, 24/7 US
dollar clearing capabilities for its commercial clients. This collaboration, facilitated by J.P. Morgan's Kinexys
platform, allows Indian businesses to make and receive dollar payments at any time, using blockchain
technology.

3.6 Federal Bank, RuPay and Visa Jointly Launch Fed StarBiz
Federal Bank, in collaboration with NPCI (RuPay) and Visa, has launched the Fed StarBiz credit card, a
product designed for business customers. This card offers features like OD/CC integration, high transaction
limits, advanced security, and wide acceptance across India.

Key Features of Fed StarBiz:

• OD/CC Integration: The card links directly to existing Overdraft (OD) or Cash Credit (CC) accounts,
with limits up to ₹50 lakh.
• High Transaction Limits: Transactions can be made up to ₹3 lakh per day or the available account
limit, whichever is lower.

3.7 Moody's Ratings revises forecast of India's 2025 GDP growth

Moody's Ratings on Wednesday said Indian economy could grow in the band of 5.5 to 6.5 per cent during
the calendar year 2025, a shade lower than its February projection of 6.6 per cent as the ratings agency
factored in the “unpredictable” US tariffs which it said will hit business planning, stall investment and “raise
the risk of a global economic recession”.

3.8 SBI, HDFC only Indian banks in world's 100 largest by assets
In 2025, State Bank of India (SBI) and HDFC Bank are the only two Indian banks to make it into the top 100
largest banks globally by assets, according to S&P Global Market Intelligence. SBI is ranked 43rd, having
moved up four spots from the previous year, while HDFC Bank is ranked 73rd, having climbed one position.

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3.9 Bank of Maharashtra and Customer Capital Launch Loyalty Travel Platform for its
Cardholders
Customer Capital, a company specializing in captive commerce loyalty solutions and Bank of Maharashtra
announced a partnership to introduce an exclusive travel platform and loyalty rewards for Bank of
Maharashtra cardholders. This collaboration between Customer Capital and Bank of Maharashtra aims to
enhance the value proposition for Bank of Maharashtra cardholders by providing a seamless and rewarding
travel booking experience directly through the BANK OF MAHARASHTRA card website and app.

Customer Capital has created a white-label travel platform with the name 'Tripstacc' that allows banks to
customize the experience for their customers and gain insights on spends on Travel and Expenses (T & E)
which are not available through traditional tactical promotional partnerships. This service will enable Bank
of Maharashtra cardholders to book hotels and tickets through a trusted travel portal accessible via the
Bank of Maharashtra card website and app.

3.10 IDFC FIRST Bank authorised by CPAO for pension

IDFC FIRST Bank has been authorized by the Central Pension Accounting Office (CPAO) to disburse
pensions to central government pensioners. This authorization allows the bank to directly credit pension
payments into pensioners' IDFC FIRST Bank savings accounts. The bank has completed its technical
integration with CPAO to ensure seamless pension disbursement.

3.11 Axis Bank Partners with Fortune 500 Company for B2B solution
Axis Bank has partnered with a Fortune 500 company to implement a B2B collections solution using NBBL's
Bharat Connect (formerly BBPS). This makes Axis Bank the first bank to go live with this pioneering
solution, leveraging its robust API stack. The solution aims to streamline B2B payments and collections
for the corporate partner, enhancing convenience and efficiency.

3.12 Securis Finance secures RBI nod for NBFC

Securis Finance, a subsidiary of FirstPay Technologies, has received approval from the Reserve Bank of India
(RBI) to operate as a Non-Banking Financial Company (NBFC). This approval allows Securis Finance to offer
education loans to teenagers, focusing on a student-friendly, digital approach. The company plans to
disburse ₹100 crore in education loans in the first year, targeting locations like Bengaluru, Mumbai, Delhi-
NCR, Hyderabad, and Pune.

3.13 India Post Partners with Nippon India Mutual Fund for door-to-door KYC
India Post has partnered with Nippon India Mutual Fund to offer doorstep KYC (Know Your Customer)
verification services for investors. This partnership aims to streamline the KYC process for mutual fund
investments, particularly benefiting those in rural and remote areas. The initiative, part of the Jan Nivesh
program, allows investors to complete KYC verification from the comfort of their homes.

SBI Jan Nivesh SIP is a program by SBI Mutual Fund designed to make investing in mutual funds accessible
and affordable, especially for first-time investors, with flexible investment options starting at ₹250 can
choose to invest daily, weekly or monthly and accessible through digital platforms.

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3.14 RBI Keeps FPI Investment Caps Unchanged for FY2025-26

Reserve Bank of India (RBI) announced that it will retain the existing Foreign Portfolio Investor (FPI)
investment limits in government and corporate bonds for the financial year 2025-26. The move reflects a
stable investment environment and provides predictability for foreign investors in India’s debt markets.

Key Highlights: Investment Caps Maintained by RBI (FY26)

• Government Securities (G-Secs): 6% of outstanding stock.

• State Development Loans (SDLs): 2% of outstanding stock.
• Corporate Bonds: 15% of outstanding stock.

3.15 Bank of Baroda introduces 'bob Square Drive Deposit Scheme'

A 444-day term deposit scheme offering an interest rate of 7.15% pa for the general public, 7.65% pa for
senior citizens, 7.75% pa for super senior citizens.

3.16 Bandhan Bank Launches Elite Plus Account for HNIs

Bandhan Bank has launched a new savings account, "Elite Plus," specifically designed for high net-worth
individuals (HNIs). The account offers a range of benefits including unlimited monthly cash deposits, free
RTGS, NEFT, and IMPS transactions, and enhanced debit card insurance coverage with a personal accident
cover of up to ₹15 lakh. It also includes perks like complimentary movie tickets and golf sessions at select
clubs, as well as access to airport lounge facilities.

3.17 Juspay became India's first unicorn of 2025

Bengaluru-based payments infrastructure provider Juspay has become India's first unicorn of 2025.

3.18 Sebi's ₹10-lakh minimum investment rule

Rs 10 lakh minimum investment rule: Key Highlights

• Sebi's clarification on the Rs 10 lakh minimum investment threshold brings much-needed

transparency to the SIF framework.
Here are the key aspects of this rule:
• PAN-level aggregation: The minimum investment requirement of Rs 10 lakh is calculated across all
SIF strategies offered by an AMC at the PAN level. This means investors do not need to meet the
threshold separately for each scheme, but must ensure their total investments across all strategies
under one AMC meet or exceed Rs 10 lakh.
• Systematic investment options: Investors can opt for systematic investment plans (SIPs),
systematic withdrawal plans (SWPs), or systematic transfer plans (STPs) under SIFs. However, the
total investment value must remain above Rs 10 lakh. In cases where market fluctuations cause a
passive breach of this threshold, investors will be required to redeem their entire remaining amount.

3.19 NaBFID signs MoU with New Development Bank (NDB)

NaBFID (National Bank for Financing Infrastructure and Development) signed a Memorandum of
Understanding (MoU) with the New Development Bank (NDB) to strengthen infrastructure financing in
India. The agreement aims to facilitate joint funding, risk-sharing, and knowledge exchange for sustainable
projects in sectors like energy, transport, and urban development. This collaboration will help bridge the
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infrastructure financing gap and explore long-term collaboration opportunities, including the exchange of
technical expertise.

3.20 GP-DRASTI Initiative

"GP-DRASTI" is a Gujarat Police initiative that utilizes drones for public safety and law enforcement
purposes. The program aims to enhance crime prevention, crowd management, and disaster relief efforts
through drone surveillance and faster response times. It involves deploying drones alongside traditional
police response at crime scenes to assess situations quickly and deploy necessary forces.

3.21 US Top Trading Partner Of India For 4th Straight Year

For the fourth consecutive year, the United States is India's top trading partner. In the fiscal year 2024-25,
bilateral trade between the two countries reached $131.84 billion, according to news articles. This milestone
underscores the strengthening economic relationship between the US and India.

Deficit with China: In contrast, India's trade deficit with China widened to $99.2 billion during the same
period.

3.22 UNCTAD projects India's economy to grow by 6.5 % in 2025

The UN Conference on Trade and Development (UNCTAD) projects India's economy to grow by 6.5% in
2025. This growth is expected to be driven by strong public spending and monetary easing. UNCTAD also
anticipates a global slowdown, with growth expected to be significantly lower than India's at 2.3%.

Inflation: The RBI has also lowered its inflation forecast for FY26 to 4% from 4.2%.

3.23 RBI, FIU-IND Sign MoU to Bolster Anti-Money Laundering

The Reserve Bank of India (RBI) and the Financial Intelligence Unit-India (FIU-IND) signed a Memorandum
of Understanding (MoU) on April 17, 2025, in New Delhi. This MoU aims to enhance coordination and
information exchange between the two institutions to strengthen the fight against money laundering and
terrorist financing. The agreement will facilitate coordinated efforts in the effective implementation of the
Prevention of Money Laundering Act and related rules.

This MoU is a crucial step in strengthening the anti-money laundering/combating the financing of terrorism
(AML/CFT) framework in India by fostering better coordination between the banking regulator and the
central agency responsible for analyzing financial intelligence.

3.24 SBI Card and Tata Digital have launched the Tata Neu Cards
SBI Card and Tata Digital have launched the Tata Neu Infinity SBI Card and Tata Neu Plus SBI Card, co-
branded credit cards offering rewards in the form of NeuCoins redeemable on the Tata Neu app. These
cards aim to provide a rewarding shopping experience across various Tata brands and other online and
offline merchants.

3.25 UIICL partners with SIDBI to offer tailored insurance solutions for MSMEs
United India Insurance Company (UIIC) and the Small Industries Development Bank of India (SIDBI) have
partnered to offer comprehensive insurance solutions to MSMEs. This collaboration aims to enhance

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insurance penetration among Micro, Small, and Medium Enterprises by providing tailored general
insurance products to SIDBI's MSME clientele. The partnership will offer a range of insurance products
including health, home, motor, and engineering solutions, all accessible through SIDBI's network of
branches.

3.26 SBI brings back 'Amrit Vrishti' FD from April 15

The State Bank of India (SBI) has revised its special FD scheme, ‘Amrit Vrishti’. The new changes will be
effective from 15th April 2025. The scheme was initially launched in July 2024 and concluded on 31st March
2025 after multiple extensions. However, it is now back with a revised interest structure.

Amrit Vrishti’s Interest Rates and Tenure

The ‘Amrit Vrishti’ FD scheme comes with a unique 444-day tenure. Under the revised structure:

• Senior citizens earn an interest rate of 7.55%

• Super senior citizens receive a slightly higher 7.65%
• The general public gets 7.05%

Compared to the earlier version, which offered 7.75% to seniors, this marks a 20-basis point reduction, likely
influenced by recent repo rate adjustments.

Adjustments in General FD Rates

SBI has also revised interest rates across various FD tenures for the broader public and senior citizens.
Notably:

• 1 year to <2 years: Reduced to 7.20% from 7.30%

• 2 years to <3 years: Cut to 7.40% from 7.50%

These changes are in line with market trends and central bank rate movements.

Revised FD Rates for Senior Citizens

As of 15th April 2025, here are the updated FD rates for senior citizens across different tenures:

• 7–45 days: 4.00%

• 46–179 days: 6.00%
• 180–210 days: 6.75%
• 211 days–<1 year: 7.00%
• 1–<2 years: 7.20%
• 2–<3 years: 7.40%
• 3–<5 years: 7.25%
• 5–10 years: 7.50%

Premature withdrawals:

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• ≤ ₹5 lakh: 0.50% penalty

• ₹5 lakh–₹3 crore: 1% penalty
• No interest paid if withdrawn before 7 days
• SBI staff/pensioners exempt from penalty

3.27 India's Index of industrial production records growth of 2.9% in February 2025
The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month (or
previous working day if 12th is a holiday) with a six weeks lag and compiled with data received from
source agencies, which in turn receive the data from the producing factories/ establishments. These
Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP.
Key Highlights:

• The IIP growth rate for the month of February 2025 is 2.9 percent which was 5.0 percent (Quick
Estimate) in the month of January 2025.
• The growth rates of the three sectors, Mining, Manufacturing and Electricity for the month of February
2025 are 1.6 percent, 2.9 percent and 3.6 percent respectively.

4 State News

4.1 Odisha CM Majhi to launch 'Antyodaya Gruha Yojana'

The Odisha Antyodaya Gruha Yojana is a housing scheme launched by the Odisha government on March
30, 2025. Its primary goal is to provide pucca houses to 50,000 beneficiaries, including differently-abled
individuals, widows, calamity victims, and families of martyrs.

Key Features:

• Financial Assistance: ₹1.2 lakh per household.

• Eligibility: Financially weak citizens living in kutcha houses.
• Direct Benefit Transfer (DBT): Funds are transferred directly to beneficiaries' bank accounts.
• Government Allocation: ₹2,603 crore for the scheme.
• Incentives: Additional ₹20,000 for completing construction within 4 months, ₹10,000 for completion
within 6 months

4.2 Delhi becomes 35th State/UT to implement Ayushman Bharat Pradhan Mantri Jan
Arogya Yojana
Delhi became the 35th State/UT to implement the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana
(AB PM-JAY) after the National Health Authority (NHA) of the Union Ministry of Health and Family Welfare
(MoHFW) entered into a Memorandum of Understanding (MoU) with the Department of Health & Family
Welfare, Government of NCT, Delhi.

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4.3 Odisha Launches Unified Health Insurance Scheme

Besides the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana, the state government’s health scheme,
Gopabandhu Jan Arogya Yojana, and the newly introduced Ayushman Vayo-Vandana Yojana, aimed at
senior citizens, will also be integrated into this initiative.

The scheme will provide health coverage of 5 lakh rupees per family per annum, with an additional 5 lakh
rupees for women members. Under the Ayushman Vayo-Vandana Yojana, all persons aged 70 years and
above, regardless of income, will be eligible for coverage.

4.4 NABARD-SBI Partnership for Rural Growth in Assam

National Bank for Agriculture and Rural Development (NABARD) and State Bank of India (SBI) have signed
an MoU to boost rural growth in Assam. The partnership aims to finance Rs. 500 crores in FY 2025-26, with
a target of Rs. 1,000 crores annually thereafter.

4.5 Maharashtra signs MoU with Russia's ROSATOM

Maharashtra Signs MoU with Russia's ROSATOM to Develop Thorium-Based Small Modular Reactor. The
Maharashtra government has signed an MoU with Russia's ROSATOM to develop India's first thorium-
based Small Modular Reactor (SMR), marking a significant step towards clean and advanced nuclear energy
solutions.

4.6 Assam's Mukhyamantri Mahila Udyamita Abhiyaan

The Mukhyamantri Mahila Udyamita Abhiyaan (MMUA) is a flagship initiative by the Assam government
aimed at empowering rural women through entrepreneurship. Launched in January 2024, the scheme
supports women Self-Help Group (SHG) members in becoming micro-entrepreneurs with a goal of earning
at least ₹1 lakh annually.

Here’s how it works:

• Year 1: Each eligible SHG woman receives ₹10,000 as seed capital.

• Year 2: A subsidized loan of ₹25,000 is provided—half of which (₹12,500) is a non-refundable subsidy.
• Year 3: Financial assistance of ₹50,000 is extended to further boost their enterprise.

To qualify, women must meet certain criteria:

• Be an active SHG member under the Assam State Rural Livelihoods Mission.
• Not be a loan defaulter.
• Have a business plan and be engaged in at least one income-generating activity.
• Adhere to child-limit conditions (e.g., max 3 children for General/OBC, 4 for SC/ST/Tea Tribes).
• Ensure girl children are enrolled in school.
• Participate in the state’s tree plantation drive and ensure saplings survive

4.7 Warangal Chapata Chilli gets GI Tag

The Warangal Chapata chilli, popularly known as Tomato chilli, has received the Geographical Indication
(GI) tag from the GI Registry of India on March 28, 2025.

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4.8 Kannadippaya gets GI Tag

Kannadippaya, a traditional handicraft from Kerala, has recently been awarded a Geographical Indication
(GI) tag.

4.9 Bhagirath Mobile App

The Bhagirath Mobile App is an initiative launched by Uttarakhand Chief Minister Pushkar Singh Dhami
as part of the Jal Sanrakshan Abhiyan 2025. The app is designed to engage citizens in identifying and
reporting endangered water sources, helping the government take action to conserve and restore vital
water bodies like Naulas, Dharaas, and rain-fed rivers.

Key Features:

• Public Participation: Allows users to report critical water sources in their areas.
• Government Action: Facilitates conservation and restoration efforts.
• Water Conservation Campaign: Supports Uttarakhand’s broader mission to protect natural water
sources.
• Collaboration: Works alongside the Spring and River Rejuvenation Authority (SARA) and the
Central Ground Water Board to recharge groundwater levels.

The app aligns with the campaign’s theme: “Dhara Mera, Naula Mera, Gaon Mera, Prayas Mera”,
emphasizing collective action in preserving water sources

4.10 Bhu Bharati portal launched; Telangana

• Launched on April 14, 2025 (Ambedkar Jayanti) by CM Revanth Reddy.
• Replaces the previous Dharani portal to enhance transparency and citizen services in land records.

Features

• Provides services like Pahani/RoR-1B, mutation, EC, slot booking, and grievance tracking.
• Enables land record corrections, ownership changes, and dispute resolution.

4.11 Tamil Nadu Becomes India's Second-Highest GI-Awarded

Tamil Nadu has become the second state in India with the highest number of Geographical Indication (GI)
tags, following the recent addition of six new products. With these additions, Tamil Nadu now boasts a total
of 69 GI-tagged products, while Uttar Pradesh leads with 79.

The famous Kumbakonam vetrilai (Kumbakonam betel leaf) and Thovalai maanikka maalai have been
given the Geographical Indications (GI) tag.

4.12 Telangana First to Implement SC Sub-Categorisation

• Telangana has become the first Indian state to officially implement sub-categorisation of Scheduled
Castes (SCs), a long-debated policy initiative.
• The move follows the landmark judgment of the Supreme Court that upheld the constitutionality of
further classification within SCs and Scheduled Tribes (STs) for targeted reservation benefits.

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• The implementation comes through the Telangana Scheduled Castes (Rationalisation of

Reservations) Act, 2025, which was notified in the state gazette on April 14, 2025, coinciding with
the birth anniversary of Dr. B.R. Ambedkar.

4.13 Odisha becomes the 34th state to implement Ayushman

Odisha became the 34th state to implement the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB
PM-JAY) after the National Health Authority (NHA) of the Union Ministry of Health entered into a
Memorandum of Understanding (MoU) with the Department of Health and Family Welfare, Government of
Odisha.

4.14 25th Wildlife Sanctuary of Madhya Pradesh

The 25th wildlife sanctuary in Madhya Pradesh is the Dr. Bhimrao Ambedkar Wildlife Sanctuary, located in
Sagar district. It was officially declared on April 12, 2025, by the Madhya Pradesh government. The
sanctuary is named in honor of Dr. B.R. Ambedkar and spans 258.64 square kilometers of reserved forest
area in Banda and Shahgarh tehsils.

4.15 Arun Palli Chief Justice of the Jammu & Kashmir and Ladakh High Court
Justice Arun Palli today took oath as the 38th Chief Justice of the Jammu & Kashmir and Ladakh High Court.
He was administered the oath by Jammu & Kashmir Lieutenant Governor Manoj Sinha.

5 Defence News

5.1 India’s journey towards self-reliance and global leadership in defence manufacturing
India’s defence exports have surged to a record high of Rs 23,622 crore in the FY 2024-25. An impressive
growth of Rs 2,539 crore or 12.04% has been registered in the just-concluded FY over the defence exports
figures of FY 2023-24, which were Rs 21,083 crore.

5.2 OPERATION BRAHMA

In the aftermath of the devastating earthquake in Myanmar and Thailand on 28 Mar 25, the Government of
India has launched Operation Brahma for rendering assistance to Myanmar. Under MEA's direction, the
HADR efforts are being progressed in conjunction with Headquarters Integrated Defence Staff, Indian
Army, Indian Air Force and NDRF.

Indian Navy ships Satpura and Savitri, from the Eastern Naval Command, have sailed for Yangon on 29
Mar 25, as part of the Indian Navy's immediate response towards Humanitarian Assistance and Disaster
Relief (HADR).

5.3 Indian Army concludes high-altitude ARMEX-24

ARMEX-24 was a high-altitude adventure expedition conducted by the Indian Army in Sikkim. The
expedition involved a 146-kilometer journey from the jungles of North Bengal to the snow-clad heights of
Sikkim. A key aspect of ARMEX-24 was the emphasis on endurance, resilience, and operational readiness

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in extreme conditions. The expedition also served as a demonstration of the Indian Army's commitment to
realistic training and preparation for challenges in high-altitude areas like North Sikkim.

5.4 Tiger Triumph Exercise

Tiger Triumph is a bilateral tri-service military exercise between India and the United States. It focuses
on Humanitarian Assistance and Disaster Relief (HADR) operations, enhancing interoperability between
the armed forces of both nations.

Key Highlights:

• Participants: Indian Army, Navy, and Air Force alongside the U.S. Marine Corps, Navy, and Army.
• Objective: Strengthen coordination for disaster response and amphibious operations.
• Location: Conducted on the Eastern Seaboard of India.
• Activities: Includes amphibious landings, medical aid deployment, and joint training.
• Latest Edition: The fourth edition took place in March 2025 in the Bay of Bengal, featuring INS
Jalashwa, INS Gharial, and U.S. Navy ships Comstock and Ralph Johnson

5.5 INIOCHOS-25
INIOCHOS-25 is a biennial multinational air exercise hosted by the Hellenic Air Force (Greece). It aims to
enhance international cooperation, synergy, and interoperability among participating air forces through
realistic combat scenarios. The exercise involves a variety of air combat scenarios, including offensive and
defensive counter-air operations, strategic air operations, and reconnaissance missions. The Indian Air
Force (IAF) participated in INIOCHOS-25, which took place from March 31 to April 11, 2025.

5.6 Operation Sarvashakti: Intensive Anti-Terror Drive in J&K

Operation Sarvashakti is a strategic anti-terrorism operation launched by the Indian Army in the Rajouri-
Poonch sector of Jammu and Kashmir. It aims to eliminate terrorists, particularly those involved in
ambushes on Indian troops, and to counter Pakistan's attempts to revive terrorism in the region. The
operation involves forces from both sides of the Pir Panjal range, including the Chinar Corps (15 Corps) and
the White Knight Corps (16 Corps), as well as other agencies and paramilitary forces.

5.7 Samudra Pradakshina

"Samudra Pradakshina" refers to an all-women tri-services (Army, Navy, and Air Force) sailing expedition
from Mumbai to Seychelles and back. The expedition aims to prepare for a historic circumnavigation of the
world planned for 2026. The 55-day voyage covers 4,000 nautical miles aboard the IASV Triveni. This
initiative highlights India's commitment to gender inclusivity and excellence in maritime endeavors.

5.8 Aikeyme 25: 1st India, Africa 6-day maritime exercise

India and Tanzania co-hosted a multilateral naval exercise called AIKEYME, which stands for Africa-India
Key Maritime Engagement. The exercise, which concluded on April 18, 2025, involved ten Indian Ocean
littoral countries from Africa, including Tanzania, Mozambique, Kenya, South Africa, Mauritius, Seychelles,
Comoros, Madagascar, Djibouti, and Eritrea.

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5.9 6th India-Uzbekistan Joint Military Exercise DUSTLIK-6

The 6th edition of the India-Uzbekistan joint military exercise, "DUSTLIK," (also known as DUSTLIK-VI) took
place in Pune, India, from April 16 to April 28, 2025. The exercise focused on counter-terrorism operations
in a semi-urban environment. It involved personnel from the Indian Army's JAT Regiment and the Indian Air
Force, as well as representatives from the Uzbekistan Army. The exercise aimed to enhance interoperability
and cooperation between the two countries in joint sub-conventional operations.

6 Agriculture News

6.1 India’s Agricultural Projections for 2047

The ICAR-National Institute of Agricultural Economics and Policy Research (ICAR-NIAP) recently released
the policy paper titled Indian Agriculture to 2047-Reshaping Policies for Sustainable Development. Its
projections indicate that food demand will more than double. The need for nutrient-rich foods will surge
even further. This shift is driven by changing dietary preferences and an increasing population. The Indian
economy must adapt to these changes to ensure food security and sustainable development.

Projected Food Demand

By 2047, India’s aggregate food demand is expected to surpass twice the current levels. Nutrient-rich foods
such as fruits, vegetables, and animal products will see an even greater increase. For instance, demand for
fruits is projected to reach 233 million tons. Vegetables are expected to rise to 365 million tons. Pulses will
likely double to 49 million tons. This shift reflects changing consumer preferences towards healthier diets.

Impact of Climate Change

Climate change poses a serious threat to agricultural productivity. Over the last fifty years, extreme weather
events have reduced productivity growth by approximately 25 percent. The frequency of droughts, heat
waves, and floods is expected to increase. These events will adversely affect crop yields and food supplies,
jeopardising food security.

6.2 KISAN E-MITRA and IoT enabled systems to improve crop productivity
I. ‘Kisan e-Mitra’, is a voice-based AI-powered chatbot, developed to assist farmers with responses to
their queries on PM Kisan Samman Nidhi scheme. This solution supports 11 regional languages and
is evolving to assist with other government programs. At present, it handles over 20,000 farmer
queries daily and so far, more than 92 lakh queries have been answered.
II. The National Pest Surveillance System, for tackling the loss of produce due to climate change,
utilizes AI and Machine Learning to detect pest infestation in crop issues, enabling timely
intervention for healthier crops. This tool, currently used by over 10,000 extension workers, allows
farmers to capture images of pests to help them mitigate pest attacks and reduce crop losses. At
present, it currently supports 61 crops and over 400 pests.

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III. AI-based analytics using field photographs for satellite-based crop mapping being used in Crop-
weather matching monitoring of crops sown.

6.3 Pradhan Mantri Matsya Kisan Samridhi Sah Yojana

The Department of Fisheries, Ministry of Fisheries Animal Husbandry and Dairying is implementing a new
Central Sector Sub-scheme namely the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY)
under the ongoing Pradhan Mantri Matsya Sampada Yojana (PMMSY) for a period of four years from FY
2023-24 to FY 2026-27 at an estimated outlay of ₹6000. As of now, an amount of Rs. 11.84 crore has been
sanctioned under the PM-MKSSY.

6.4 Citi, SBI announce $295 million facility for small farmers
Citi and the State Bank of India (SBI) have announced a social loan facility worth $295 million. The initiative
aims to provide much-needed credit to small and marginal farmers, enhancing their agricultural
productivity and income.

6.5 NABARD extends Rs 5830 cr assistance to Jharkhand FY25

NABARD has extended record assistance of Rs 5,830 crore to Jharkhand in the 2024-25 fiscal year,
significantly boosting rural infrastructure. The support included funds for irrigation projects, rural
development, financial inclusion, and tribal empowerment, impacting over two lakh farmers and 50,000
rural families.

6.6 ICAR-CTCRI Develops Orange-Fleshed Sweet Potato

The ICAR-Central Tuber Crops Research Institute (ICAR-CTCRI) has developed a new biofortified orange-
fleshed sweet potato variety, designated SP-95/4, to enhance food security, particularly among tribal
communities. This variety has been successfully trialed in multiple states including Odisha, West Bengal,
Karnataka, and Kerala. The orange flesh is rich in beta-carotene, a precursor to Vitamin A, and is
expected to help combat Vitamin A deficiency. The variety also exhibits a high yield and is suitable for
processing.

7 Ranks & Reports

7.1 Fiscal Health Index 2025

The Fiscal Health Index (FHI) initiative by NITI Aayog aims to evolve an understanding of the fiscal health
of states in India. The FHI analysis covers eighteen major states that drive the Indian economy in terms of
their contribution to India’s GDP, demography, total public expenditure, revenues, and overall fiscal
stability. Odisha leads the Index, followed by Chhattisgarh, Goa, Jharkhand and Gujarat. The composite
Fiscal Health Index has been developed using data from the Comptroller and Auditor General of India
(CAG), covering the Financial Year 2022-23.

Odisha leads the fiscal health index with a top score of 67.8, excelling in the Debt Index (99.0) and Debt
Sustainability (64.0). It maintains low fiscal deficits, a strong debt profile, and a high Capital Outlay/GSDP
ratio.

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7.2 INDIA'S 6G VISION

Government has released Bharat 6G Vision Document in March 2023 with the objectives to design, develop
and deploy 6G network technologies that provide ubiquitous intelligent and secure connectivity for high
quality living experience for the world to position India as a global leader in 6G technology by 2030.

India has contributed in International Telecommunications Union International Mobile Technology (IMT)
2030 framework, also called 6G by industry for inclusion of ‘Ubiquitous Connectivity’ as one of the six usage
scenarios of 6G and coverage, interoperability and sustainability as capabilities of 6G technology.

7.3 Global Wind Report

The Global Wind Energy Council (GWEC) has reported unprecedented growth in wind energy capacity in
2024. A total of 117 gigawatts (GW) were added globally, raising total capacity to 1,136 GW.

In 2024, China led the world in new wind installations, contributing 79,824 megawatts (MW). The USA,
Germany, and Brazil followed in the top five.

7.4 UNESCO's "Education and Nutrition: Learn to Eat Well" report

UNESCO's "Education and Nutrition: Learn to Eat Well" report, released in 2025, highlights the crucial link
between quality education and nutrition, emphasizing that both must go hand-in-hand to build stronger
nations. The report underscores the importance of nutritious school meals and emphasizes that a well-
nourished mind learns better, leading to better-educated individuals and a stronger society.

7.5 India launches first Digital Threat Report 2024

India launches first Digital Threat Report 2024 to support cybersecurity in the Banking, Financial Services
and Insurance (BFSI) sector

• At launch of Digital Threat Report 2024, MeitY Secretary S. Krishnan emphasizes need for unified
cybersecurity framework to protect India's financial backbone
• Report Identifies Sector-wide security gaps and emerging cyber risks, empowering BFSI institutions
to strengthen defenses
• Report is meant to empower financial institutions to stay ahead of adversaries, adapt to emerging
risks and build long-term cyber resilience

The BFSI sector is at the heart of global digital transformation, with digital payments projected to generate
$3.1 trillion by 2028, accounting for 35% of total banking revenues. However, the rapid shift to digital

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transactions has also expanded the attack surface for cybercriminals. The 2024 Digital Threat Report
stands apart by not only examining current threats and emerging vulnerabilities but also offering a deep
dive into adversarial tactics that impact system-level operations. It provides a unique perspective on sector-
wide security gaps while delivering a forward-looking analysis of anticipated cyber risks, equipping financial
institutions with the insights needed to prepare for both todays and tomorrow’s cyber threats.

7.6 India Ranks 36 in Network Readiness Index – UNCTAD

India has advanced to 36th place out of 170 nations on the UN Trade and Development (UNCTAD)
'Readiness for Frontier Technologies' index, marking a notable improvement from 48th in 2022.

7.7 First Panchayat Advancement Index (PAI) Report Released

The first ever Panchayat Advancement Index (PAI) Baseline Report, released by the Ministry of Panchayati
Raj on April 9, 2025, assesses the performance of over 2.5 lakh Gram Panchayats in India. This report,
focused on localizing Sustainable Development Goals (SDGs), categorizes Panchayats into groups like
Performers, Aspirants, and Front Runners, with Gujarat and Telangana leading as top performers.

The report categorizes Panchayats based on their performance. A significant portion (35.8%) were
recognized as Performers, while 61.2% were identified as Aspirants. Gujarat and Telangana emerged as
frontrunners, with Gujarat having 346 and Telangana 270 top-performing Panchayats.

7.8 India Justice Report 2025

The India Justice Report (IJR) 2025, released in April 2025, ranks states based on their capacity to deliver
justice across four key pillars: police, judiciary, prisons, and legal aid.

The report uses government statistics to provide a quantitative assessment of each state's performance in
these areas. Karnataka, Andhra Pradesh, and Telangana lead the rankings for large and mid-sized
states, while Sikkim tops the list for small states. The report highlights both improvements and persistent
challenges in justice delivery across India.

7.9 State of Social Protection Report 2025: The 2‑Billion‑Person Challenge by the World
Bank
Global Coverage

• 4.7 billion people now have some form of social protection.

• 2 billion still lack adequate coverage (1.6 billion with none, 400 million under-covered).
✓ Poverty & Inequality: Social protection covers only 37% of the poorest 20%.
✓ Gender gap: Women receive only 81 cents for every $1 received by men.
✓ Slow Progress: At current pace, it will take 18–20 years to fully cover the poorest.
✓ Regional Gaps: Major deficits in Sub-Saharan Africa, South Asia, and conflict-affected regions.

Spending

• Average global spending: 5.3% of GDP.

• Low-income countries spend only 0.8–2% of GDP.

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7.10 India hosts 8th Meeting of Joint Committee on ASEAN-India Trade in Goods Agreement
(AITIGA)
• Hosted by India at Vanijya Bhawan, New Delhi from April 7–11, 2025.
• Hybrid format with participation from all 10 ASEAN member countries.

Co-chairs:

• India: Shri Rajesh Agrawal (Dept. of Commerce)

• Malaysia: Dr. Sugumari S. Shanmugam

Trade Facts

• ASEAN accounts for ~11% of India’s global trade.

• Bilateral trade (FY 2023–24): USD 121 billion.

Next Meeting: Scheduled for June 2025 in Kuala Lumpur, Malaysia.

8 Awards & Events News

8.1 Abel Prize 2025

The prestigious Abel Prize for mathematics was newly awarded to 78-year-old Japanese mathematician
Masaki Kashiwara, an aficionado in algebraic analysis, sheaf theory and representation theory.

8.2 Former England fast bowler James Anderson has been awarded a knighthood
Former England fast bowler James Anderson has been awarded a knighthood for his services to Cricket as
part of former British Prime Minister Rishi Sunak's resignation honours list. Anderson is the only
sportsperson who has made it to the list.

8.3 Asian Wrestling Championships 2025

Olympian Deepak Punia and Udit had to settle for silver medals in the men's freestyle 92kg and 61kg weight
divisions, respectively, on Sunday as India finished the Asian Wrestling Championships 2025 in Amman,
Jordan, with 10 medals.

8.4 MeitY and UNESCO to Host the 3rd AI Readiness consultation in Hyderabad
The UNESCO Regional Office for South Asia, in collaboration with the Union Ministry of Electronics and
Information Technology (MeitY) and Ikigai Law as the implementing partner, will be organizing a
stakeholder consultation on the AI Readiness Assessment Methodology (RAM) in India.

About AI RAM initiative: This is the third of five multi-stakeholder consultations under the AI RAM initiative
by UNESCO and MeitY, following earlier sessions in New Delhi and Bangalore. Aimed at shaping an India-
specific AI policy report, the initiative focuses on mapping strengths and opportunities in the ethical AI

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ecosystem. Open to policymakers, technologists, academia, and practitioners, this consultation is an

opportunity to help shape a responsible, future-ready AI roadmap for the country.

8.5 Sudarsan Pattnaik becomes first Indian to win UK's Fred Darrington Sand Master Award
Renowned Indian sand artist Sudarsan Pattnaik has become the first Indian to receive the prestigious Fred
Darrington Sand Master Award for his outstanding contributions to sand art. The award was presented
during the Sandworld 2025 International Sand Art Festival in Dorset, England.

8.6 Captain Rajesh Unni Receives India's Highest Maritime Honour

The National Maritime Varuna Award is India's highest civilian recognition in the maritime sector,
acknowledging significant contributions to the Indian maritime domain. It is presented annually by the
Directorate General of Shipping (DGS). Captain Rajesh Unni, founder of Synergy Marine Group, received
the award at the 62nd National Maritime Day celebrations in Mumbai in April 2025.

8.7 RBI recognised as World's Most Innovative Bank

The Reserve Bank of India (RBI) has been honoured as one of the world's 3 most innovative banks for 2025
by Global Finance magazine.

RBI has been named the Most Innovative Financial Institution globally in Global Finance's 2025 Innovators
list, according to media reports. This is the first time a central bank has received this prestigious award. The
recognition is for the RBI's Unified Lending Interface (ULI) platform, which enhances lender access to
borrower data and supports financial inclusion.

8.8 India Bags 6 Medals at World Boxing Cup 2025 in Brazil

ndia secured six medals at the World Boxing Cup 2025 in Brazil, with Hitesh Gulia earning a gold medal. The
Indian boxing team's impressive performance included a gold and a silver, along with four bronze medals.
Hitesh Gulia won the gold in the 70kg category, while Abhinash Jamwal secured a silver in the 65kg event.
Jadumani Singh Mandengbam, Manish Rathore, Sachin, and Vishal won bronze medals in their respective
weight categories. This was India's first time competing in the elite-level World Boxing Cup.

8.9 3rd BIMSTEC Agriculture Ministerial Meeting (BAMM) in Kathmandu, Nepal

Union Minister for Agriculture and Farmers’ Welfare and Rural Development Shri Shivraj Singh Chouhan
represented India at the 3rd BIMSTEC Agriculture Ministerial Meeting (BAMM) held in Kathmandu, Nepal.
BIMSTEC stands for Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation.
Ministers and officials from member countries including Bangladesh, Bhutan, Nepal, Myanmar, Thailand,
and Sri Lanka participated. The meeting aimed to boost regional cooperation in agriculture, food security,
fisheries, and livestock. India proposed setting up a BIMSTEC Centre of Excellence for Agriculture
Cooperation to focus on precision farming, climate risk, natural farming, gender equality, and artificial
intelligence. The centre will help share knowledge on new technologies like drones and digital tools to
improve food, nutrition, and livelihood security.

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8.10 The 2025 World Press Photo of the Year

Samar Abu Elouf, a Palestinian photojournalist, won the prestigious 2025 World Press Photo of the Year
award for her powerful image of a young boy who lost both arms in an Israeli attack in Gaza. The winning
photograph, taken for The New York Times, depicts 9-year-old Mahmoud Ajjour. The award was presented
at a ceremony in Amsterdam.

8.11 India Highlights Its BioE3 Policy and Integrated Biorefinery Initiatives at Mission
Innovation Annual Gathering 2025 at Seoul, South Korea
The Department of Biotechnology (DBT), Government of India - co-leads the Mission Integrated
Biorefinery jointly with the Netherlands as part of Mission Innovation (MI) 2.0. The Mission Innovation
Annual Gathering-2025, a multilateral platform accelerating clean energy innovation, held at Seoul, South
Korea during 9th-11th April 2025 brought together global leaders in clean energy technology.

The focus has been to advance the biorefinery approach for fuels, chemicals, and materials. During the
event, the DBT presented BioE3 (Biotechnology for Environment, Energy, and Economy) Policy and
demonstrated its pivotal role in addressing climate challenges and aligning national priorities under the
Integrated Biorefinery Mission were extensively discussed at roundtables and reviewed by Mission
Innovation members as well as the Technical Advisory Groups associated with the Missions.

9 Science & Technology News

9.1 International Technology Engagement Strategy for Quantum (ITES-Q)

India has recently launched its first International Technology Engagement Strategy for Quantum (ITES-Q)
on World Quantum Day 2025. This report marks India’s position in the global quantum landscape. With a
public investment of $735 million, India ranks 12th globally in quantum funding. In comparison, China leads
with a staggering $15.3 billion. Despite lower funding, India holds the 6th position in terms of quantum
science and technology startups, boasting 53 startups.

9.2 SpaceX Fram2 mission

The SpaceX Fram2 mission was a groundbreaking human spaceflight that sent a private crew into a polar
orbit for the first time. This mission, which took place from March 31 to April 4, 2025, aimed to study the
human body's response to spaceflight in a unique orbital trajectory. The Fram2 crew conducted 22 research
studies, including taking the first X-ray in space and growing mushrooms in microgravity, all while orbiting
above the Earth's poles.

10 Environment News

10.1 Greenhouse Gases Emissions Intensity (GEI) Target Rules, 2025

The Greenhouse Gases Emissions Intensity (GEI) Target Rules, 2025 was notified by the Ministry of
Environment, Forest and Climate Change on April 16, 2025. The Rules establish a compliance mechanism
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for the Carbon Credit Trading Scheme (CCTS), which supports India’s commitments under the Paris Climate
Agreement.

10.2 Mangrove Risk Index

The global mangrove risk index assesses the vulnerability of mangroves to climate change under various
future scenarios, particularly focusing on sea-level rise and storm intensity. It indicates that over 56% of the
world's mangroves could face high or severe risk by 2100, with the worst-case scenario (very high emissions)
potentially leading to irreversible damage to the most valuable mangroves.

10.3 MoEFCC Report: Over 13056 sq km of forest areas encroached in 25 States, UTs
A recent report by the Ministry of Environment, Forest and Climate Change (MoEFCC) indicates that over
13,056 sq km of forest land has been encroached upon in 25 states and union territories in India. This figure
represents a significant area, exceeding the combined geographical area of Delhi, Sikkim, and Goa. Madhya
Pradesh and Assam are the most affected states, with 5,460.9 sq km and 3,620.9 sq km of encroached forest
land respectively, according to the report.

10.4 First-ever 'Himalayan High-Altitude Atmospheric & Climate Centre' in Nathatop,

Chenani, Udhampur district
Union Minister Jitendra Singh today launched the first-ever 'Himalayan High-Altitude Atmospheric &
Climate Centre' in Nathatop, Chenani, Udhampur district. This landmark initiative aims to provide accurate
climate and weather forecasts, along with research and study of the region's unique high-altitude
conditions. The project, under the Ministry of Earth Sciences, will enhance climate monitoring in the
Himalayas.

11 Sports in News

11.1 Rajgir to host Hero Asia Cup Hockey 2025 in August

Rajgir, Bihar, will host the Asia Cup 2025 from August 29 to September 7 at the newly developed Rajgir
Hockey Stadium, following the signing of an MoU.

11.2 Max Verstappen wins the 2025 Japanese Grand Prix

Max Verstappen scored his first victory of the 2025 season with a masterful drive to P1 in the Japanese Grand
Prix, the World Champion holding off the McLaren pair of Lando Norris and Oscar Piastri to claim a fourth
consecutive win at the Suzuka Circuit.

11.3 FIFA approves 48-team women's World Cup from 2031

• The women's World Cup will be expanded from 32 to 48 teams from the 2031 edition onwards.
• The 2027 women's World Cup, which will be held in Brazil, will have 32 teams.
• The United States is poised to be named host of the 2031 women's World Cup as the only bid,
marking the third time the country will stage the tournament after previously hosting it in 1999 and
2003.

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The 2026 men's World Cup, which will be co-hosted by the United States, Canada and Mexico, will be the
first to have 48 teams.

11.4 UK Set to Host the 2035 FIFA Women's World Cup

The United Kingdom is now on course to host the 2035 FIFA Women's World Cup, having emerged as the
only official bidder for the event, according to FIFA President Gianni Infantino. With a collaborative bid
submitted by the four home nations—England, Scotland, Wales, and Northern Ireland.

11.5 ISSF World Cup 2025 Buenos Aires: India's medal winners
Indian shooters finished their campaign at the ISSF World Cup Buenos Aires 2025 with 8 medals - four gold,
two silver, and two bronze - to finish second behind China on the medal tally.

The ISSF World Cup/Rifle/Shotgun was held at the Argentinian capital, Buenos Aires, from 1-10 April 2025.
The World Cup was organised by the International Shooting Sport Federation (ISSF), the world governing
body of the sport.

• China finished at the top of the medal tally with 11 medals - five gold, three silver, and three
bronze.
• India finished second with 8 medals.

12 Days in News

12.1 Universal Acceptance (UA) Day on March 28, 2025

NIXI, or the National Internet Exchange of India, held Universal Acceptance (UA) Day on March 28, 2025.

About NIXI: Set up on 19th June 2003, the National Internet Exchange of India is a not-for-profit (Section
8) company under the aegis of MeitY and is tasked to increase internet penetration and adoption in India
by facilitating the various infrastructure aspects to enable the internet ecosystem to be managed and used
by the masses. The four services which come under the NIXI are setting IXPs, towards building Internet
Exchange Points, .IN Registry towards building the .in domain digital identity, IRINN towards IPv4 and IPv6
addresses adoption and Data Centre services under NIXI-CSC towards data storage services.

12.2 World Health Day 2025

World Health Day, observed annually on 7 April, highlights pressing global health issues and mobilises
action to improve public health outcomes.Started by the World Health Organization (WHO) in 1950, it
unites governments, institutions, and communities in addressing critical health priorities each year.
In 2025, the theme, “Healthy Beginnings, Hopeful Futures,” launches a year-long campaign focused
on maternal and newborn health, urging countries to end preventable deaths and prioritise women’s long-
term well-being.

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13 Schemes in News

13.1 Pradhan Mantri Jan Dhan Yojana

he Pradhan Mantri Jan Dhan Yojana (PMJDY) continues to be a mainstay of India’s financial inclusion efforts
as of the financial year 2024-25. Recently, the scheme achieved milestones, reaching 55 crore beneficiaries
and accumulating a total balance of ₹2.5 lakh crore in accounts. This scheme, initiated on August 15, 2014,
aims to provide accessible banking services to the unbanked population of India.

PMJDY has been very important in increasing India’s financial inclusion index. The index rose from 43.4 in
2017 to 64.2 in 2024. It has expanded access to various financial products, including micro-insurance and
pensions. The programme encourages investments in essential sectors such as education and healthcare.

13.2 MGNREGA
The minimum wage for unskilled manual workers under the Mahatma Gandhi National Rural Employment
Guarantee Act (MGNREGA) in Jharkhand is ₹370 per day, effective from April 1, 2025. This represents a 6%
increase from the previous rate of ₹349. This wage is paid to both men and women workers, and payments
are made through bank accounts weekly or fortnightly.

13.3 Palna Scheme under Mission Shakti

In 2022, erstwhile National Creche Scheme was reorganized and renamed as Palna Scheme under the sub
scheme ‘Samarthya’ of ‘Mission Shakti’. Palna is a Centrally Sponsored Scheme ensuring the
participation of State/ UT government to ensure better day-to-day monitoring and proper implementation
of scheme, and is implemented with a funding ratio of 60:40 between Centre and State Governments and
UTs with legislature except North East & Special Category States where ratio is 90:10. For UTs without
legislature, 100% funding is provided by the central government.

The objective of the Palna scheme is to provide quality crèche facility in safe and secure environment for
children (from ages 6 months – 6 years), nutritional support, health and cognitive development of
children, growth monitoring & immunization. Crèche facilities under Palna are provided to all mothers,
irrespective of their employment status.

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13.4 Pradhan Mantri Mudra Yojana (PMMY) — completes 10 glorious Years of empowering
Small and Micro Entrepreneurs
The Pradhan Mantri MUDRA Yojana (PMMY), launched on 8th April 2015 by Prime Minister Shri Narendra
Modi, celebrates 10 glorious years of empowering small and micro-entrepreneurs across India.
Features of PMMY:

1. MUDRA loans now will be offered in four categories namely, ‘Shishu’, ‘Kishor’, ‘Tarun’ and newly
added category ‘Tarun Plus’ which signifies the stage of growth or development and funding needs
of the borrowers: -

• Shishu: covering loans upto Rs. 50,000/-

• Kishor: covering loans above Rs. 50,000/- and up to Rs. 5 lakhs
• Tarun: covering loans above Rs. 5 lakh and up to Rs. 10 lakhs
• Tarun Plus: Rs. 10 lakh and up to Rs. 20 lakhs

2. Loans cover term financing and working capital needs across manufacturing, trading and service
sectors, including activities allied to agriculturelike poultry, dairy, and beekeeping, etc.
3. The interest rate is governed by RBI guidelines, with flexible repayment terms for working capital
facilities.

Achievements under Pradhan Mantri Mudra Yojana (PMMY) as on 21.03.2025

• Women Borrowers: A total of ₹ 8.49 lakh crore was disbursed under the Shishu category, ₹ 4.90 lakh
crore under Kishor, and ₹ 0.85 lakh crore under the Tarun category.
• Minority Borrowers: The disbursements amounted to ₹ 1.25 lakh crore under Shishu, ₹ 1.32 lakh
crore under Kishor, and ₹ 0.50 lakh crore under Tarun.
•

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14 Appointment News

14.1 The First African Woman to Lead the Commonwealth

Shirley Botchwey is the first African woman to serve as Commonwealth Secretary-General. She assumed
the role on April 1, 2025. Previously, she was Ghana's Minister for Foreign Affairs and Regional Integration
from January 2017 to January 2024.

14.2 Sivasubramanian Ramann appointed as PFRDA chairman

The government has appointed Sivasubramanian Ramann as the new Chairperson of the Pension Fund
Regulatory and Development Authority (PFRDA). The Appointments Committee of the Cabinet (ACC) has
approved his appointment for a tenure of five years.

Ramann currently serves as the Deputy Comptroller & Auditor General (CAG) and Chief Technology Officer
at the CAG of India.

14.3 Poonam Gupta takes over as RBI Deputy Governor

She is the fourth woman to be appointed Deputy Governor of RBI. Prior to her KJ Udeshi, Shyamala
Gopinath and Usha Thorat were Deputy Governors. The Government of India had appointed her last month
to this position for a period of three years

14.4 Mohsin Naqvi appointed Asian Cricket Council President

Pakistan Cricket Board (PCB) chairman Mohsin Naqvi is now president of the Asian Cricket Council (ACC),
having formally assumed charge from Sri Lanka's Shammi Silva.

14.5 Justice Dinesh Maheshwari Appointed as Chairperson of 23rd LCI

ustice (Retd.) Dinesh Maheshwari, a former Supreme Court judge, has been appointed as the Chairperson
of the 23rd Law Commission of India in April 2025.

The 23rd Law Commission was formally constituted on September 1, 2024, with its term extending until
August 31, 2027. It comprises a total of seven members, including:

• One Chairperson: Justice (Retd.) Dinesh Maheshwari

• Four full-time members: Including Hitesh Jain (a lawyer) and P. Verma (an academician who was
also part of the 22nd Law Commission)
• Two ex-officio members: From the Department of Legal Affairs and Legislative Department

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