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Category: current affairs

CURRENT AFFAIRS – 04/01/2024

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CURRENT AFFAIRS – 04/01/2024 Higher borrowing by states to widen yield spread with G-sec (General Studies- Paper III) Source : The Indian Express Six Indian states, namely Andhra Pradesh, Karnataka, Gujarat, Punjab, Rajasthan, and Bihar, entered the market for borrowing Rs 16,000 crore in the first weekly auction of January-March. This has led to a widening spread of over 50 basis points (bps) between the yields on state development loans (SDL) and the central government’s G-sec (government securities). Analysts anticipate further widening of the yield spread as states plan record borrowings of Rs 4.13 lakh crore in the Q4 FY24,…

CURRENT AFFAIRS – 03/01/2024

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CURRENT AFFAIRS – 03/01/2024 Why many US allies have not joined its Red Sea Security Op? (General Studies- Paper II) Source : The Indian Express As part of Operation Prosperity Guardian, a maritime security initiative in the Red Sea, the United States military engaged Yemen’s Houthi rebels. These incidents have disrupted trade along the vital Red Sea route connecting the Mediterranean and Indian Ocean. Key Highlights Attacks on Red Sea shipping routes led to cargo movement pauses by numerous businesses. The Red Sea is a critical trade route connecting major water bodies, exacerbating the economic impact. US Secretary of State…

CURRENT AFFAIRS – 02/01/2024

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CURRENT AFFAIRS – 02/01/2024 Aadhaar-linked pay becomes mandatory for MGNREGS workers (General Studies- Paper II) Source : TH As of the New Year, the implementation of the Aadhaar-based Payment System (ABPS) for wages under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has become mandatory. The ABPS requires the seeding of workers’ Aadhaar details to their job cards for payment processing. Key Highlights The deadline for this mandate, extended five times to facilitate database reconciliation by State governments, concluded on December 31, 2023. However, the imposition of the ABPS has led to a surge in MGNREGA job card deletions,…

CURRENT AFFAIRS – 30/12/2023

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CURRENT AFFAIRS – 30/12/2023 Centre, Assam sign peace pact with ULFA faction (General Studies- Paper III) Source : TH The Union Ministry of Home Affairs (MHA), the Assam government, and the pro-talks faction of the United Liberation Front of Asom (ULFA) signed a historic memorandum of settlement aimed at bringing lasting peace to Assam. ULFA cadres, numbering around 700, have agreed to surrender arms, vacate camps, and transition into mainstream society through peaceful democratic processes. Key Highlights The MHA will formulate a time-bound program to fulfill ULFA’s demands, and a monitoring committee will be established to oversee the implementation of…

CURRENT AFFAIRS – 29/12/2023

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CURRENT AFFAIRS – 29/12/2023 PM-Kisan beneficiaries dwindling (General Studies- Paper II) Source : The Indian Express The number of beneficiaries under the PM-Kisan scheme has decreased by over 20% to 8.12 crore from its peak of 10.47 crore in April-July 2022. In response, the government initiated the “Viksit Bharat SankalpYatra” on November 15, six months before the Lok Sabha elections, aiming to ensure comprehensive coverage of intended beneficiaries under various flagship schemes. The yatra will continue until January 26. Key Highlights In the latest PM-Kisan payment round on November 15, 8.12 crore farmers received Rs 2,000 installments. As part of…

CURRENT AFFAIRS – 28/12/2023

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CURRENT AFFAIRS – 28/12/2023 INS Imphal commissioned (General Studies- Paper III) Source : The Indian Express INS Imphal (Pennant D68), the third vessel of the Visakhapatnam class stealth-guided missile destroyers, is set to be commissioned into the Indian Navy, following the INS Visakhapatnam and INS Mormugao. The Visakhapatnam class is the latest addition to the lineage of indigenous destroyers, succeeding the Delhi and Kolkata classes. Key Highlights Historical Context: Between 2014 and 2016, the Indian Navy commissioned the Kolkata class destroyers (INS Kolkata, INS Kochi, and INS Chennai) under Project 15A. These ships marked advancements over the earlier Delhi class…

CURRENT AFFAIRS – 27/12/2023

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CURRENT AFFAIRS – 27/12/2023 Women participation in NREGS continues to rise (General Studies- Paper II) Source : The Indian Express The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has witnessed a historic high in women’s participation during the current financial year 2023-24, as per official data. The proportion of women person-days in the total workforce has reached an impressive 59.25%, marking a significant increase compared to the past decade. Key Highlights The trend reveals a steady rise in women’s involvement in MGNREGS, with rates of participation at 57.47% in 2022-23 and 54.82% in 2021-22. Notably, the lowest participation recorded…

CURRENT AFFAIRS – 26/12/2023

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CURRENT AFFAIRS – 26/12/2023 Government Initiates PMAY-G for Particularly Vulnerable Tribal Groups (General Studies- Paper II) Source : The Indian Express The Indian government has commenced a survey and registration process to identify eligible beneficiaries of the Pradhan MantriAwasYojana-Gramin (PMAY-G) among 75 Particularly Vulnerable Tribal Groups (PVTGs) across 18 states and Union Territories. The Ministry of Rural Development, responsible for implementing PMAY-G, initiated the survey on December 15 using the Aawas+app, the ministry’s online application for identifying beneficiaries under the rural housing scheme. Key Highlights The survey is underway in 15 states, including Andhra Pradesh, Chhattisgarh, Gujarat, Jharkhand, Karnataka, Kerala,…

CURRENT AFFAIRS – 25/12/2023

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CURRENT AFFAIRS – 25/12/2023 What’s the latest blip in India-Maldives ties? (General Studies- Paper II) Source : TH Earlier this month, the Maldives Cabinet decided not to renew a Memorandum of Understanding (MoU) with India for cooperation in hydrography, signed in 2019. This decision aligns with President Mohamed Muizzu’s commitment to review the country’s foreign policy, particularly the ‘India first’ stance of the previous administration. Key Highlights Hydrography Defined: Hydrography is the scientific study of oceans, seas, and water bodies involving the compilation and analysis of data, maps, and charts. It encompasses the measurement and description of physical attributes of…

CURRENT AFFAIRS – 23/12/2023

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CURRENT AFFAIRS – 23/12/2023 Government aims to set up 17,000 creches across the country (General Studies- Paper II) Source : TH The Union Women and Child Development Ministry are set to establish 17,000 creches in Anganwadicentres across India under the ‘Palna’ scheme, with 5,222 already approved. The initiative aims to provide quality day-care facilities for the children of working women, facilitating women’s economic participation across socio-economic groups. Union Minister SmritiIrani released new Standard Operating Procedures (SOP) for Anganwadi-Cum-Crechecentres, outlining a comprehensive framework for administration and implementation, including roles, responsibilities, and monitoring checklists. Key Highlights Palna Scheme Objectives: Address the need…