Daily Current Affairs (DCA) 28 October, 2025

Daily Current Affairs Quiz
28 October, 2025

National Affairs

1. Great Nicobar Project

Source: ET

Context:

Union Home Minister Amit Shah, while addressing an event in Mumbai, highlighted India’s ambitious maritime vision linked to the Great Nicobar Project, aimed at transforming the island into a major maritime and logistics hub.

Key Highlights:

• Goal: India aspires to become one of the top five ship-building nations globally.
• Project Focus:
  • The Great Nicobar Project is a strategic and infrastructure development initiative.
  • It will serve as a key maritime trade hub, enhancing India’s global shipping and logistics network.
  • The project is expected to significantly boost maritime trade and strengthen India’s position in the Indo-Pacific region.
• Strategic Importance:
  • The island’s location near the Malacca Strait, one of the world’s busiest sea lanes, gives it high geostrategic value.
  • The project aligns with India’s “Maritime Vision 2030” and Sagarmala initiatives.
• Components:
  • A transshipment port at Galathea Bay.
  • Expansion of air and road connectivity on the island.
  • Promotion of eco-tourism and green infrastructure with environmental safeguards.

2. Electronics Components Manufacturing Scheme (ECMS)

Source: BS

Context:

The Government of India has approved the first batch of seven projects under ECMS worth ₹5,532 crore, expected to generate ₹36,559 crore in production. The scheme is part of India’s strategy to strengthen domestic electronics manufacturing and reduce dependence on imports.

Key Highlights:

• What is ECMS?
  • A flagship initiative under the Ministry of Electronics and Information Technology (MeitY).
  • Launched to promote component-level manufacturing of electronics in India.
  • Focus: Sub-assemblies, bare components, and capital equipment.
  • Integrates domestic firms with Global Value Chains (GVCs) in electronics and semiconductors.
• Objectives:
  • Enhance Domestic Value Addition (DVA).
  • Reduce import dependence on critical electronic parts.
  • Strengthen R&D capabilities in electronics manufacturing.
• Tenure & Incentives:
  • Turnover-linked incentives: 6 years (1-year gestation).
  • Capital expenditure (Capex) incentives: 5 years.
  • Types of incentives: Turnover-linked, Capex-linked, and hybrid to offset manufacturing disadvantages.
• Target Segments:
  • PCBs (Printed Circuit Boards)
  • Camera Modules
  • Copper-Clad Laminates (CCLs)
  • Polypropylene Films
  • Capital equipment
• Complementary Ecosystem:
  • Works alongside:
    • PLI (Production-Linked Incentive) Scheme for Electronics
    • India Semiconductor Mission (ISM)
  • Aims to build a complete electronics manufacturing chain from devices to materials.

3. Mission for Aatmanirbharta in Pulses (2025–31)

Source: Indian Express

Context:

The Government of India launched the Mission for Aatmanirbharta in Pulses on October 11, 2025, aiming to boost domestic pulse production, enhance farmer incomes, and reduce import dependence from countries such as Myanmar and Canada. The mission was first announced in the Union Budget 2024–25.

Objectives:

• Achieve self-reliance in pulses by increasing domestic output and productivity.
• Raise pulse production from 242 lakh MT (2023–24) to 350 lakh MT (2030–31).
• Ensure price stability and farmer profitability.
• Promote climate-resilient varieties of pulses.

Implementation:

• Ministry of Agriculture & Farmers’ Welfare in collaboration with NAFED, NCCF, and state governments.
• Cluster-based approach: District clusters of 10+ hectares (2 hectares in hilly areas) for focused interventions.
• Emphasis on both traditional and non-traditional regions like NE India, rainfed areas, and rice-fallow zones.

Key Features:

• Mission Duration & Funding:
  • Six years (2025–26 to 2030–31)
  • Outlay: ₹11,440 crore
  • Target: 45% increase in production and 13% expansion in area
• Focus Crops:
  • Tur (Arhar), Urad, and Masoor
  • Cover 34% of total pulse area
• Farmer Support & Incentives:
  • ₹10,000/ha for Front Line Demonstrations (FLDs) of new technologies
  • 100% assured procurement of Tur, Urad, and Masoor by NAFED and NCCF under PM-AASHA
• Technology & Market Integration:
  • Climate-resilient seed development
  • Protein enrichment programs
  • Post-harvest storage and supply chain management
  • Digital verification: Aadhaar-based biometric/facial authentication for registration and procurement transparency
• Integration with National Schemes:
  • Linked with PM Dhan-Dhaanya Krishi Yojana
  • Connected with Aspirational Districts Programme for regional development

4. Global Multidimensional Poverty Index Report 2025

Context:

The 2025 Global Multidimensional Poverty Index (MPI) report, titled Overlapping Hardships and Climate Hazards, highlights the intersection of climate change and global poverty. The report overlays climate-hazard data with multidimensional poverty indicators—including health, education, and living standards—for the first time.

Key Findings:

• Scale of Exposure:
  • 8 out of 10 people living in multidimensional poverty (~887 million people) are directly exposed to climate hazards such as extreme heat, floods, drought, or air pollution.
  • Among those in acute multidimensional poverty, 651 million face two or more climate hazards, and 309 million experience three or four hazards simultaneously.
• Most Prevalent Hazards Globally:
  • High heat: 608 million poor people affected
  • Air pollution: 577 million
  • Floods: 465 million
  • Droughts: 207 million
• Regional Impact:
  • South Asia and Sub-Saharan Africa are most severely affected.
  • In South Asia, 99.1% of poor people are exposed to at least one climate hazard, and 91.6% face two or more—the highest globally.
  • India and Bangladesh have reduced multidimensional poverty, but climate shocks threaten these gains.
• Climate-Poverty Convergence:
  • Poor populations have limited assets and low access to social protection, amplifying their vulnerability to climate hazards.
  • Extreme climate events exacerbate daily challenges, deepening disadvantage.
  • Temperature projections indicate that countries with higher multidimensional poverty will see the greatest rise in temperature by the century’s end.
• Policy Implications:
  • Developed countries are urged to increase financial contributions for adaptation and mitigation in vulnerable developing economies.
  • Coordinated climate-action strategies at regional and national levels are critical.
  • Findings are expected to inform the COP30 agenda in Brazil (Nov 10–21, 2025).

Definitions / Key Terms:

• Multidimensional Poverty: Poverty measured across multiple deprivations, including health, education, and living standards, beyond income alone.
• Climate Hazards: Environmental events like heatwaves, floods, droughts, and air pollution that affect human well-being.
• Overlapping Hardships: Simultaneous exposure to multiple climate hazards, compounding vulnerability.

Banking/Finance

1. SEBI Proposes Easing Compliance for High Value Debt-Listed Entities

Source: Mint

Context:

Here’s a comprehensive, structured, and exam-oriented summary of SEBI’s latest consultation paper (October 2025) on High Value Debt Listed Entities (HVDLEs), with key highlights and statement-based MCQs — formatted for current affairs and financial governance coverage.

What are HVDLEs?

High Value Debt-Listed Entities (HVDLEs) are companies that have listed outstanding non-convertible debt securities (NCDs) exceeding a specified value and are therefore subject to enhanced corporate governance requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

• Introduced: September 2021
• Regulation: 3(1)(ca), SEBI (LODR) Regulations, 2015
• Objective: Strengthen transparency and investor protection in India’s corporate bond market

Current Norms (Before Proposal)

• Threshold: ₹1,000 crore or more in outstanding listed NCDs
• Governance Norms: Mandatory from April 1, 2025
• Applies to: 137 entities (as of FY25)
• Comply-or-explain basis: Till March 31, 2025

These entities are required to follow corporate governance standards similar to equity-listed companies, including:

• Board and committee composition norms
• Quarterly and annual governance reports
• Secretarial compliance reports
• Appointment of independent directors
• Whistle-blower mechanisms

Proposed Changes (October 2025 Consultation Paper)

1. Higher Threshold for HVDLE Classification

• Proposal: Increase the threshold from ₹1,000 crore to ₹5,000 crore.
• Impact: Reduce HVDLEs from 137 to 48 entities, lowering the count by around 64%.
• Objective: Ease compliance for smaller issuers and frequent debt-raising NBFCs.

2. Alignment with Equity-Listed Entity Norms

SEBI proposed to harmonize governance norms of HVDLEs with those applicable to equity-listed companies, ensuring consistency across regulations.

Key Governance and Disclosure Proposals

Area	Proposed Change
Definition of Material Subsidiary	Replace the term “income” with “turnover” for uniformity with equity-listed rules.
Age Limit for Directors	Require special shareholder approval if a director is aged above 75 years.
Nominee Directors	Exempt directors appointed by courts, tribunals, or regulators from needing shareholder approval.
Board Recommendations	Boards must provide a rationale for all recommendations made to shareholders.
Vacancies in Key Committees	Allow 3 months to fill vacancies in Audit, NRC, Stakeholders, and Risk Committees.
Independent Director Vacancy	Remove the 3-month mandatory filling requirement if minimum board composition is maintained.
Intra-Group Transfers	Exempt shareholder approval for intra-group asset transfers between subsidiaries.
CIRP-Related Companies	Give 3 months post-resolution to fill Key Managerial Positions (KMPs).
Compliance Reports	Replace fixed 21-day filing deadline with a flexible, SEBI-prescribed timeline.
Related Party Transactions (RPTs)	Exclude RPT disclosures from periodic reports (already covered in half-yearly filings).
Secretarial Auditors	Introduce clear provisions on appointment, reappointment, and removal of secretarial auditors.
Debenture Trustees’ Role	Retain the requirement for NOCs from debenture trustees and debenture holders for RPTs.

Expected Benefits

• Reduced compliance cost and ease of doing business
• Encouragement of private placements and debt market participation
• Improved regulatory alignment across corporate governance frameworks
• Rationalization of reporting timelines for better efficiency

2. RBI’s 30th Standing Advisory Committee Meeting on MSME Credit Flow

Source: BS

Context:

The 30th meeting of the Standing Advisory Committee (SAC) to review the flow of credit to the Micro, Small and Medium Enterprises (MSME) sector was held in Coimbatore, chaired by RBI Deputy Governor Swaminathan J.

The meeting served as a platform for MSME industry associations to voice concerns related to geopolitical uncertainties and credit challenges.

MSME Sector Concerns

• Industry associations highlighted challenges such as:
  • Uncertainty due to global geopolitical tensions, which has disrupted trade and input supply chains.
  • Rising input costs, export slowdowns, and tightening credit conditions.
• They sought government, regulatory, and banking intervention to ensure sustained credit flow and timely policy support.

Recent Regulatory Measures

• Waiver of prepayment charges on floating-rate loans given to:
  • Individuals, and
  • Micro and small enterprises (MSEs).
• Objective: To provide greater financial flexibility and reduce the cost of credit for small borrowers.
• Part of RBI’s broader effort to improve credit accessibility and repayment ease in the MSME ecosystem.

3. Banks Prefer Direct Assignment Over Co-Lending

Source: BS

Context:

Despite recent relaxations in co-lending norms, Indian banks are showing a clear preference for direct assignment of loans from NBFCs rather than engaging in co-lending arrangements.

Direct Assignment vs. Co-Lending:

• Direct Assignment (DA): Banks buy a pool of loans directly from NBFCs without using a special purpose vehicle (SPV).
  • Advantages:
    • Banks acquire ownership and the right to receive borrower payments.
    • Allows banks to free up capital for NBFCs.
    • Enables banks to cherry-pick high-quality loans.
    • Helps meet priority-sector lending targets.
• Co-Lending: Banks and NBFCs jointly lend to borrowers, sharing risk and returns.
  • Complexity has increased due to RBI’s new rules (15-day assignment window, tech integration requirements).

Reasons for Banks’ Preference:

• Risk Transfer: Direct assignment allows a clean transfer of credit risk.
• Operational Simplicity: Less administrative burden compared to co-lending.
• Profitability: Banks can retain higher-margin loans.
• Portfolio Expansion: Immediate exposure to new loan pools.

Definitions:

• Direct Assignment (DA): Transfer of loans from NBFCs to banks without SPV; bank assumes ownership and repayment rights.
• Co-Lending: Joint lending model where banks and NBFCs share loan disbursement, risk, and returns.
• A Special Purpose Vehicle (SPV) — also known as a Special Purpose Entity (SPE) — is a legally separate subsidiary company created by a parent organization to isolate financial risk and carry out a specific project or transaction.
• It acts as an independent legal entity with its own balance sheet, assets, and liabilities, distinct from its parent organization.

4. Gaja Capital Set to Become India’s First Private Equity (PE) Firm

Source: Mint

Context:

Gaja Capital, a leading private equity (PE) firm in India, has received approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). If successful, it will become India’s first PE firm to go public.

Private Equity (PE) Firm

A Private Equity (PE) Firm is a financial institution that invests directly in private (unlisted) companies or buys out public companies to make them private, with the aim of enhancing their value and later selling them at a profit through an IPO, merger, or strategic sale.

Key Features

• Long-Term Investment Horizon:
  Typically 5–10 years, focusing on business growth, restructuring, or turnaround.
• Capital Source:
  PE firms raise funds from institutional investors (pension funds, insurance companies, sovereign wealth funds) and high-net-worth individuals (HNIs).
• Ownership:
  They usually acquire significant or controlling stakes in target companies, influencing strategy and management decisions.
• Exit Strategy:
  Returns are realized when the firm exits the investment through an Initial Public Offering (IPO), trade sale, or secondary sale to another investor.
• Active Management:
  PE firms often play an active role in improving operations, governance, and profitability of portfolio companies.

Types of Private Equity Investments

Type	Description
Venture Capital (VC)	Early-stage funding for startups with high growth potential.
Growth Capital	Funding for mature companies looking to expand or enter new markets.
Buyout / Leveraged Buyout (LBO)	Acquisition of majority control, often financed through debt.
Distressed / Turnaround	Investment in struggling companies for restructuring and revival.
Fund of Funds (FoF)	Investment in other PE or VC funds rather than direct companies.

Regulatory Framework in India

• Regulated by the Securities and Exchange Board of India (SEBI) under the Alternative Investment Funds (AIF) Regulations, 2012.
• Typically registered as Category II AIFs (Private Equity and Debt Funds).

Difference between PE and Venture Capital

Basis	Private Equity (PE)	Venture Capital (VC)
Stage of Investment	Mature or established companies	Early-stage startups
Ownership	Majority or controlling stake	Minority stake
Risk Level	Moderate	High
Investment Size	Large (₹100–1000+ crore)	Small to medium (₹1–100 crore)
Focus	Operational efficiency and growth	Innovation and scalability

5. SEBI Proposes Incentives to Boost Retail Participation in Corporate Bonds

Source: Mint

Context:

The Securities and Exchange Board of India (SEBI) has proposed measures to encourage retail participation in public debt markets by allowing issuers to offer special incentives to select investor groups.

Key Highlights:

• Proposal Details:
  • Issuers may provide incentives such as:
    • Higher coupon rates
    • Discounts on issue price
  • Targeted investor groups:
    • Senior citizens
    • Women investors
    • Armed forces personnel
    • Retail subscribers
• Rationale:
  • Public debt issuance in India has declined sharply
  • Retail participation has traditionally been low due to:
    • Lower returns
    • Lack of familiarity
    • Perceived complexity
• Historical Context:
  • In 2024, SEBI allowed discounts for retail investors in Offers for Sale (OFS), showing precedent for incentivization.
• Expected Impact:
  • Encourage broader participation in corporate bonds
  • Revive interest in public debt fundraising
  • Potentially increase liquidity and depth in debt markets

Definitions / Key Terms:

• Corporate Bonds: Debt securities issued by companies to raise capital from investors.
• Coupon Rate: Interest rate paid by the issuer to bondholders.
• Retail Investors: Individual, non-institutional investors investing small amounts in financial markets.
• Offer for Sale (OFS): Mechanism for existing shareholders to sell shares to the public.

6. SEBI Proposes Tighter KYC for Mutual Fund Investors

Source: Mint

Context:

The Securities and Exchange Board of India (SEBI) has proposed stricter KYC verification norms for mutual fund (MF) investors to improve compliance, reduce unclaimed dividends/redemptions, and ensure full verification before allowing investments. However, a centralized, interoperable verification system has not yet been implemented.

Key Highlights:

• Proposed KYC Norms:
  • First-time investments or new folios will be accepted only after the investor’s KYC is fully verified and marked “compliant” by the KYC Registration Agency (KRA).
  • Aim: Prevent unclaimed dividends and blocked redemptions.
• Current KYC Challenges:
  • Multiple verifications required across banks, insurance, and mutual funds.
  • Lack of interoperability between PAN-based KYC system (capital markets) and Central KYC (CKYC) system (government-managed).
  • Discrepancies in documents can mark a folio as KYC “non-compliant”, blocking redemptions or dividend payouts.
• Industry & Government Initiatives:
  • Central KYC Registry: Managed by CERSAI, intended to unify KYC across banks, MFs, insurance, and pensions; expected launch March 2026.
  • Mutual fund assets as of September 2025: ₹75.61 trillion (up ₹8.5 trillion YoY).
• Key Observations:
  • Current system forces redundant KYC submissions despite existing Aadhaar-linked bank accounts.
  • Lack of coordination between SEBI and RBI limits unified verification.

Definitions / Key Terms:

• KYC (Know Your Customer): Process of verifying the identity of investors to prevent fraud and ensure compliance.
• KRA (KYC Registration Agency): Agency that maintains KYC records for capital market investors.
• CKYC (Central KYC): Government-managed registry for a single KYC number usable across banks, insurance, mutual funds, and pension systems.
• CERSAI: Central Registry of Securitisation Asset Reconstruction and Security Interest of India, manages CKYC.

7. VFS Capital Withdraws Small Finance Bank Licence Application

Source: ET

Context:

VFS Capital has withdrawn its application for a small finance bank (SFB) licence in India. The Reserve Bank of India had earlier received the application under the on-tap licensing guidelines for private sector small finance banks.

About VFS Capital:

• Type: NBFC-MFI (Non-Banking Financial Company–Microfinance Institution)
• Headquarters: Kolkata, West Bengal
• Founded: 1995
• Business Focus: Provides microcredit to women entrepreneurs and small businesses across rural and semi-urban areas in India.
• Presence: Operates in 13+ states with a strong microfinance portfolio.

About Small Finance Banks (SFBs):

• SFBs are niche banks set up to further financial inclusion by providing savings and credit facilities to small businesses, marginal farmers, micro and small industries, and unorganized sector entities.
• Regulatory Authority: Reserve Bank of India (RBI).
• Key Features:
  • Must be registered as a public limited company under the Companies Act, 2013.
  • Minimum paid-up capital: ₹200 crore.
  • Must maintain 75% of Adjusted Net Bank Credit (ANBC) for priority sector lending.
  • At least 50% of loans should be up to ₹25 lakh.

About RBI’s On-Tap Licensing Guidelines:

• Introduced: December 2019
• Allows eligible entities to apply for an SFB licence at any time (unlike earlier batch-based processes).
• Eligible applicants include:
  • Existing NBFCs, MFIs, and Local Area Banks (LABs).
  • Promoters should have at least 10 years of experience in banking or finance.

8. RBI Urges Wider Use of Digital Solutions for MSME Credit

Source: ET

Context:

RBI Deputy Governor Swaminathan Janakiraman emphasized the importance of promoting digital solutions to address credit challenges in the MSME sector, including information asymmetry, financial literacy gaps, and delayed payments. His remarks came during the 30th Standing Advisory Committee (SAC) meeting on MSME credit flow.

Key Highlights:

• Focus Areas for MSME Credit Enhancement:
  • Digital Adoption:
    • Platforms like TReDS (Trade Receivables Discounting System) promote alternative credit assessment models, fair lending, and rehabilitation of distressed but viable MSMEs.
    • Digital solutions help improve cash-flow-based lending and reduce reliance on collateral.
  • Unified Lending Interface (ULI) & Account Aggregator Framework:
    • Facilitate data-driven lending and credit decision-making.
  • Regulatory Sandbox:
    • Encourages innovation and pilot testing of new financial technologies for MSMEs.
  • Capacity Building:
    • MSME associations should help bridge information gaps and improve enterprises’ access to formal financial channels.
  • Other Measures:
    • Enhanced use of credit guarantee schemes.
    • Support for revival and rehabilitation of viable but distressed MSMEs.

Definitions / Key Terms:

• TReDS: Digital platform enabling MSMEs to discount trade receivables, improving liquidity and alternative credit assessment.
• ULI (Unified Lending Interface): Digital interface aggregating borrower information to facilitate cash-flow-based lending.
• Account Aggregator Framework: Allows consent-based sharing of financial data for better credit assessment.
• Regulatory Sandbox: Controlled environment for testing fintech innovations under regulatory supervision.

Agriculture

1. Centre Approves ₹15,096-Crore Procurement of Pulses and Oilseeds under MSP

Source: PIB

Context:

The Government of India has approved procurement plans worth ₹15,095.83 crore for major pulses and oilseeds for the Kharif Marketing Season (KMS) 2025-26.
This initiative aims to ensure remunerative prices to farmers and stabilize market rates amid volatile pulse and oilseed prices.

States Covered

The approved procurement covers the following states:

• Telangana
• Odisha
• Maharashtra
• Madhya Pradesh

These states are significant producers of pulses and oilseeds, especially soybean, black gram, and mung beans.

Procurement Details

State	Crop(s) Covered	Key Features
Telangana	Mung beans, black gram, soybean	100% procurement approved for all these crops under Price Support Scheme (PSS)
Odisha	Pigeon pea (tur)	Full procurement permitted
Maharashtra	Mung beans, black gram, soybean	Largest procurement among the four states under PSS
Madhya Pradesh	Soybean	Bhawantar Bhugtan Yojana (BBY) to be launched for soybean

Scheme Frameworks

• Price Support Scheme (PSS):
  Central government-backed mechanism ensuring procurement at Minimum Support Price (MSP) to protect farmers from distress sales.
  • Implemented through NAFED and NCCF as central nodal agencies.
• Bhawantar Bhugtan Yojana (BBY):
  • A price deficiency payment scheme, where farmers receive compensation for the difference between MSP and actual market price.
  • Promotes market-based sales while ensuring income protection.

Financial Outlay

• Total Procurement Value: ₹ 15,095.83 crore
• The outlay covers procurement, storage, and distribution costs of pulses and oilseeds.
• Aimed at strengthening domestic production, price stability, and self-reliance in key protein crops.

Facts To Remember

1. Punjab registers highest single-day spike of the season with 122 cases of stubble burning

Punjab witnessed 743 stubble burning incidents from September 15 till October 26, with 122 cases on Sunday marking the highest single-day spike this season, official data showed.

3. Cyclone Montha: Andhra Pradesh Launches Extensive Relief and Evacuation Operations

With the Bay of Bengal churned by Cyclone Montha, the Andhra Pradesh government has undertaken extensive precautionary and relief measures, particularly along the Kakinada–Uppada coastal stretch, which experienced heavy rain and strong winds on Monday.

4. World’s oldest President, Paul Biya, wins Cameroon election at 92

The world’s oldest President, Cameroon’s 92-year-old Paul Biya, won election again, the country’s top court said, after days of protesters’ clashes with security forces left at least four dead as opposition demanded credible results. 

5. World champion Gukesh eyes glory in FIDE World Cup

World chess champion D. Gukesh is looking forward to returning to Goa, a venue that holds fond memories from his early playing days, as he prepares to lead the Indian challenge at the prestigious FIDE World Cup.

6. Special Intensive Revision (SIR) 2.0 of Electoral Rolls

The Election Commission of India (ECI) has launched Phase II of the Special Intensive Revision (SIR) of voter lists across 12 States and Union Territories, covering around 51 crore voters. This marks a major electoral exercise ahead of upcoming Assembly elections in several states.

7. Youth Engagement Initiative ‘Mera Yuva Bharat’ Crosses 2 Crore Registrations

Flagship youth engagement initiative of The Ministry of Youth Affairs and Sports, Mera Yuva Bharat, has achieved a milestone with the platform by crossing over 2 crore registrations. 

8. Cabinet Approves Terms of Reference for 8th Central Pay Commission

The Union Cabinet has approved the Terms of Reference of 8th Central Pay Commission. 

9. Union Minister G Kishan Reddy to Launch ‘Koyla Shakti’ Smart Coal Analytics Dashboard Tomorrow

Union Minister of Coal and Mines G Kishan Reddy will launch Koyla Shakti, a smart coal analytics dashboard in New Delhi tomorrow. 

10. HAL Signs MoU with Russian Firm to Produce SJ-100 Civil Aircraft in India

Hindustan Aeronautics Limited has signed an MoU with a Russian public Joint Stock Company United Aircraft Corporation for the production of SJ-100 civil commuter aircraft in India. 

11. National Maritime Heritage Complex Logo Launched at India Maritime Week 2025

Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, today unveiled the logo of the proposed National Maritime Heritage Complex (NMHC) at Lothal in Gujarat on the second day of India Maritime Week 2025 in Mumbai. 

12. India Ranks Third Globally in Solar Power Generation: Union Minister Pralhad Joshi

Union Minister Pralhad Joshi today said that India has ranked third globally in solar power generation, having achieved 50 per cent of the installed capacity.