Context: Union IT Minister Ashwini Vaishnaw said that India will develop multiple sovereign AI foundation models within 8 to 10 months. This comes as China’s DeepSeek AI model gains global attention. Governments AI Strategy GPU Procurement DeepSeek AI
INSV Tarini
Context: As part of the ongoing mission to circumnavigate the globe under the Navika Sagar Parikrama-II, Indian Navy officers Lieutenant Commander Dilna K. and Lieutenant Commander Roopa A., aboard sailing vessel INSV Tarini, passed through Point Nemo during the leg of sailing from Lyttelton Port, New Zealand, to Port Stanley, Falkland Islands. INSV Tarini Navika Sagar Parikrama-II Two Indian Navy women officers Lt Cdr Roopa A and Lt Cdr Dilna K, will set sail on a globe circumnavigating expedition aboard INSV Tarini. This expedition named Navika Sagar Parikrama-II is to repeat the first version of the circuit and showcase India’s maritime potential and work towards the vision of equipping women to sail in the ocean. Previous Indian Navy Expeditions
Axiom-4 Mission
Context: Indian astronaut Group Captain, Shubhanshu Shukla will be the pilot of the upcoming Axiom-4 mission to the International Space Station (ISS). Mr. Shukla, who is also one of the four astronaut-designates selected for Gaganyaan mission, will become the first Indian astronaut to go to the ISS. The mission will be launched from Florida. Axiom-4 Mission Mission Objectives Key Features For India Projects Background Facts International Space Station (ISS) Bharatiya Antariksha Station UPSC Civil Services Examination, Previous Year Question (PYQ) Prelims Q. What is the purpose of the US Space Agency’s Themis Mission, which was recently in the news? (2008) (a) To study the possibility of life on Mars(b) To study the satellites of Saturn(c) To study the colourful display of high-latitude skies(d) To build a space laboratory to study the stellar explosions Ans: (c) Q. Consider the following statements: (2016) The Mangalyaan launched by ISRO Which of the statements given above is/are correct? (a) 1 only(b) 2 and 3 only(c) 1 and 3 only(d) 1, 2 and 3 Ans: (c)
Current Affairs 30 January 2025
Daily Current Affairs Quiz30 January, 2025 National Affairs 1. Issues with MGNREGA Scheme What is MGNREGA Scheme? 2. India’s White Revolution What is the White Revolution? The White Revolution is a sudden rise in milk production in India making India the worlds largest milk producer. It was spurred on by Operation Flood launched by the National Dairy Development Board (NDDB) in 1970. Verghese Kurien known as the Father of the White Revolution led this initiative. Objectives of Operation Flood Key Features Phases of Operation Flood Importance of the White Revolution Equitable Access to Milk Beyond the White Revolution Success of the White Revolution Milk production in India surpassed that of all other countries to become the world’s largest producer, yet this achievement has not translated to fair access to milk for the Indian population. Policy Recommendations White Revolution 2.0 Why in News? Recently, the Ministry of Cooperation unveiled standard operating procedure (SOPs) for White Revolution 2.0, aimed at empowering women farmers and creating job opportunities. White Revolution 2.0 White Revolution 2.0 is a program aimed at ensuring increased milk production women empowerment and malnutrition control.It is a sequel to the original White Revolution touted as Operation Flood that was initiated by Dr Verghese Kurien in 1970. The move transformed India from a milk deficient country into the worlds number one milk producer. Targets and Goals Key Initiatives Under White Revolution 20 Empowerment of Women Tackling Malnutrition Synergistic Integration with Ongoing and Proposed Plans UPSC Civil Services Examination, Previous Year Question (PYQ) Mains Q. Explain various types of revolutions, took place in Agriculture after Independence in India. How have these revolutions helped in poverty alleviation and food security in India? (2017) 3. PM Vishwakarma Scheme The PM Vishwakarma Scheme targets artisans and craftsmen engaged in areas of blacksmithing goldsmithing pottery carpentry and sculpting many of which comprise traditional Indian crafts. This is more of an activity for preservation of cultural heritage of India but integrates these artisans into the formal economy and global value chains. This is a Central Sector Scheme completely funded by the Government of India. 4. Domestic Workers Context: The Supreme Court has called for making the long standing exploitation of domestic workers the thing of the past by way of formulating a comprehensive legal framework that safeguards their rights. Domestic Workers Domestic workers are individuals who provide service to private households, such as cleaning, cooking, and caring for children. They can be full-time or part-time, and may even live in or outside the employer’s house. What do domestic workers do? What are the challenges domestic workers face? What is a domestic worker according to the International Labour Organization? Highlights of the Judgment Directive for Government Action Lessons from Progressive State Laws Growing Demand Rising Vulnerability 5. Waqf Amendment Bill, 2024 Why in News? The Indian Parliament has proposed the Waqf Amendment Bill 2024 with the objective of amending the Waqf Act 1995 to introduce better accountability and transparency into the functioning of Waqf boards. The main thrust of the bill is to eliminate unchecked powers enjoyed by Waqf Boards under the present regime which gives them the freedom to declare any property as Waqf without due checks. Major Changes in the Waqf Act Amendment Bill 2024 Criticisms of the Waqf Act Amendment Bill, 2024 What is the Waqf Act 1995? A Waqf is the irrevocable donation of moveable or immovable property for religious pious or charitable purposes as recognized under Muslim law.Earnings of Waqf properties are used for educational institutions, mosques graveyards and shelter homes. History Waqf Act was enacted in 1954 and were repealed in 1995 which subsequently augmented more powers to the Waqf Boards. Again an amendment introduced in the year 2013 empowered the Waqf Boards to pronounce with great authority the properties to be treated as Waqf Property. The Central Waqf Council CWC was established in 1964 as a supervisory body for Waqf Boards at the State level Waqf Properties in India 6. PM Surya Ghar Scheme Context: Nearly a year after the Centre launched the ₹75,000-crore PM Surya Ghar scheme, 8.5 lakh households have installed rooftop solar connections, Union Minister for New and Renewable Energy Pralhad Joshi said. PM Surya Ghar: Muft Bijli Yojana The Indian government launched the PM Surya Ghar: Muft Bijli Yojana, seeking to enhance the solar rooftop capacity and empower the residential households with the ability to generate their electricity. The program is to be implemented by a National programme Implementation Agency and State Implementation Agencies. 7. Labour Code Implementation and Reforms Context: Setting the stage for the possible implementation of the four Labour Codes from April 1, a meeting of the officials and Ministers of the Union Labour Ministry and State Labour Ministries has reviewed the progress in drafting of rules under the Codes by the States. Key Highlights: Objective of the Labour Code Reforms Launch of Occupational Shortage Index (OSI) E-Shram Microsite for Unorganised Workers Key Benefits of Labour Code Reforms Labour Code Reforms Impact on Businesses and Workers Business Impact Encouragement of Investment and Growth Effects on the Workers 8. Pinaka Multi-Barrel Rocket Launcher Context: In a major boost for the indigenous Pinaka multi-launch artillery rocket systems, the PM Narendra Modi-led cabinet committee on security cleared two major deals worth around Rs 10,200 crore for its lethal ammunition. Pinaka Multi-Barrel Rocket Launcher Pinaka is a multi-barrelled rocket launcher designed and developed by the Defence Research and Development Organisation (DRDO) for the Indian Army. The rocket has a maximum range of 45 km, and one launcher can fire 12 HE rockets in 44 seconds. Pinaka is mounted on a Tatra truck and was quite effective during the Kargil War in neutralizing Pakistani positions. It has been inducted in large numbers in the Indian Army since then. Banking/Finance 1. Policy Considerations for Cooperative Banks Context: The banking sector unions, under the aegis of the All India Bank Employees’ Association (AIBEA), have sought exemption from income tax on profits of cooperative banks in the upcoming Union Budget. What are Cooperative Banks? Key Demands: Recapitalization of Cooperative Banks Revocation of the 2020 Banking Regulation Amendment (AIBEAs) Objection Source: Business
Annual Survey of Unincorporated Sector Enterprises
Context: The unincorporated manufacturing sector in India has not been able to recover employment levels to pre 2020-11 levels according to the latest data from the Annual Survey of Unincorporated Sector Enterprises and the 67th National Sample Survey Experts believe that a combination of policy shocks has impeded growth and employment in this sector. Key Highlights: Employment Trends Growth in Establishments Own Account Enterprises OAEs Emergence Policy Impact How Do MSMEs Contribute to Employment? “Own Account Enterprise” (OAE) An “Own Account Enterprise” (OAE) refers to a business that is entirely run by its owner(s) without employing any hired workers on a regular basis; essentially, a self-operated enterprise with no paid employees, making it a key component of the informal sector in many economies. Key points about OAEs: Example scenarios of OAEs:
India’s 2025 Economic Growth: Moody’s
Context: Moody’s Analytics has outlined the challenges and expectations for India’s economy in 2025 forecasting a 64 GDP growth despite a weak rupee declining foreign investment and volatile inflation. Key Highlights: Policy Response
National Critical Mineral Mission
Context: The Indian Cabinet has cleared the National Critical Mineral Mission, with an outlay of Rs.34,300 crore, focusing on attaining self reliance in critical minerals. The ministry will implement this mission over the next seven years i.e. from 2024 to 2031 concentrating on the full value chain from exploration to recovery of critical minerals. Key Highlight: Focus on Foreign Resources Supporting Infrastructure and Innovation Source: The Hindu
India’s Economic Slowdown
Context: Recent GDP estimates reveal that India’s economic growth is weaker than projected. Capital expenditure continues to increase but private consumption and investment remain sluggish. We look at economic trends since 1991 and compare them with the high growth period of 2004-2011 to understand this slowdown. What is Economic Slowdown? An “economic slowdown” is described as a period where the rate of economic growth drops dramatically; such a period has been generally marked by growth in GDP at a country, largely associated with declining consumer spending, lower business investments, and increasing unemployment though without the full ferocity of a recession; it describes a halt in economic activity compared to previous periods. Key Observations on Growth Trends What Drives Growth during 2004-2011? Current Economic Challenges What Needs to Be Done?
Policy Considerations for Cooperative Banks
Context: The banking sector unions, under the aegis of the All India Bank Employees’ Association (AIBEA), have sought exemption from income tax on profits of cooperative banks in the upcoming Union Budget. What are Cooperative Banks? Key Demands: Recapitalization of Cooperative Banks Revocation of the 2020 Banking Regulation Amendment (AIBEAs) Objection Source: Business Standard
Privatization of Smaller Fertilizer Companies
Context: The central government plans to privatize smaller state-owned fertilizer companies in FY26. This follows previous attempts to privatize larger agrochemical firms, which faced resistance. The decision will depend on market conditions and consensus among stakeholders. Background of Previous Divestment Plans Earlier Divestment Attempts: Fertilizer Companies to be Privatized Privatization Reasons and Concerns Prospects of Privatization Concerns of Privatization Government’s Role in Subsidy Fertilizer Industry Impact and Import Bill Reduction Source: Mint