7 June 2025: PIB Summary For UPSC
1. Investor Roundtable Highlights India’s Transformational FDI Journey
(Source – PIB (Press Information Bureau), June 7, 2025)
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Topic: GS Paper 3: Indian Economy – Investment Models, FDI |
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Key Highlights:
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FDI Growth: India’s FDI inflows have increased from 89 countries in 2013–14 to 112 countries in 2025, reflecting the nation’s rising global appeal.
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Policy Reforms: The government allows up to 100% FDI through the automatic route in most sectors, showcasing a liberalized investment regime.
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Stakeholder Engagement: Over 90 representatives from various sectors participated, discussing areas like land and labour reforms, skill development, and promoting investments in manufacturing and green energy.
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Economic Impact: FDI during FY 2024-25 reached USD 81.04 billion, a 14% increase over the previous fiscal year.
Way Forward:
The roundtable emphasized the need for continued policy clarity and proactive measures to sustain and enhance India’s attractiveness as an investment destination.
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Practice Question: Discuss the role of Foreign Direct Investment (FDI) in India’s economic growth. What measures can be taken to further enhance FDI inflows into the country? |
2. Indian Navy Set to Commission ‘Arnala’, First in ASW-SWC Series
(Source – PIB (Press Information Bureau), June 7, 2025)
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Topic: GS Paper 3: Internal Security – Defence Technology |
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Content
Key Features:
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Indigenous Development: Designed and constructed by Garden Reach Shipbuilders & Engineers (GRSE), Kolkata, under a Public-Private Partnership with L&T Shipbuilders, reflecting the success of the Aatmanirbhar Bharat initiative.
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Advanced Capabilities: The 77.6-meter-long warship, with a displacement of over 1,490 tonnes, is equipped for subsurface surveillance, search and rescue missions, and low-intensity maritime operations.
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Indigenous Content: Over 80% indigenous content, integrating systems from Indian defence firms like BEL, L&T, Mahindra Defence, and MEIL.
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Economic Impact: The project engaged over 55 Micro, Small, and Medium Enterprises (MSMEs), promoting domestic industry and generating related economic activity.
Way Forward:
The commissioning of ‘Arnala’ marks a significant step in enhancing India’s coastal defence capabilities and underscores the nation’s commitment to self-reliance in defence manufacturing.
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Practice Question: Evaluate the significance of indigenization in India’s defence sector. How does the commissioning of platforms like ‘Arnala’ contribute to national security and economic development? |
3. SAIL Hosts Defence Customer Conclave 2025 at Durgapur
(Source – PIB (Press Information Bureau), June 7, 2025)
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Topic: GS Paper 3: Infrastructure – Defence Manufacturing |
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Content
Key Highlights:
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Strategic Collaboration: The conclave aimed to foster deeper collaboration with Defence Public Sector Undertakings (DPSUs) and discuss evolving defence sector requirements.
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Focus Areas: Discussions centered on self-reliance, indigenization, and import substitution, aligning with the Government’s Atmanirbhar Bharat initiative.
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Stakeholder Engagement: Senior officials from leading defence establishments, including ordnance factories, participated in the deliberations.
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SAIL’s Commitment: Reaffirmed its position as a trusted partner in India’s defence manufacturing ecosystem, emphasizing its readiness to supply higher quantities to enhance self-reliance.
Way Forward:
The conclave highlighted the importance of synergy between steel producers and defence manufacturers to meet the nation’s strategic needs and reduce dependence on imports.
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Practice Question:Discuss the role of public sector enterprises like SAIL in advancing India’s defence manufacturing capabilities. How do such collaborations contribute to the objectives of the Atmanirbhar Bharat initiative? |
Check this out 6 June 2025: PIB Summary For UPSC
