1. Bilateral Investment Treaty between India and the United Arab Emirates, comes into effect (Source – https://pib.gov.in/PressReleseDetail.aspx?PRID=2062692®=3&lang=1 ) Context The India-UAE Bilateral Investment Treaty (BIT), effective from August 31, 2024, replaces the expired BIPPA, ensuring investment protection and fostering economic cooperation. This treaty aims to enhance bilateral investments by boosting investor confidence and providing a…
1. Rs 1,000 cr earmarked for Venture Fund to Space StartUps, says union Minister Jitendra Singh (Source – https://pib.gov.in/PressReleseDetail.aspx?PRID=2062671®=3&lang=1 ) Topic: GS3 – Indian Economy Context The Indian government has announced significant developments in the space sector, highlighting a dramatic rise in private sector involvement and startup growth. This initiative aims to strengthen India’s position…
1. India’s Renewable Energy Boom: Job Creation and Sustainable Growth (Source – https://pib.gov.in/PressReleseDetail.aspx?PRID=2061902®=3&lang=1 ) Topic: GS3 – Indian Economy – Infrastructure – Energy Context In 2023, India’s renewable energy sector achieved a significant milestone by creating approximately 1.02 million jobs, reflecting its commitment to sustainable energy. The International Renewable Energy Agency (IRENA) highlights India’s growing…
1. Insolvency and Bankruptcy Board of India celebrates its Eighth Annual Day (Source – https://pib.gov.in/PressReleseDetail.aspx?PRID=2060974®=3&lang=1 ) Context The Insolvency and Bankruptcy Board of India (IBBI) recently celebrated its Eighth Annual Day, highlighting the transformative impact of the Insolvency and Bankruptcy Code (IBC). Speakers praised its role in enhancing India’s Ease of Doing Business and fostering…
1. INDIA- KAZAKHSTAN JOINT MILITARY EXERCISE KAZIND -2024 COMMENCES IN AULI (Source – https://pib.gov.in/PressReleseDetail.aspx?PRID=2060265®=3&lang=1 ) Context India and Kazakhstan commenced the 8th Joint Military Exercise KAZIND-2024 at Auli, Uttarakhand, focusing on counterterrorism in semi-urban and mountainous terrains. The exercise aims to enhance interoperability, joint tactics, and defence cooperation between both nations. Exercise KAZIND: 2. India’s…
1. Prime Minister Modi Dedicates Bidkin Industrial Area to the Nation (Source – https://pib.gov.in/PressReleseDetail.aspx?PRID=2060099®=3&lang=1 ) Context Prime Minister Modi inaugurated the Bidkin Industrial Area in Marathwada, Maharashtra, aiming to boost regional economic growth. The project, part of the Delhi-Mumbai Industrial Corridor, will attract ₹56,200 crore in investments and create 30,000 jobs, fostering industrial development. Bidkin…
1. INDIAN OCEAN RIM ASSOCIATION SEMINAR (Source – https://pib.gov.in/PressReleseDetail.aspx?PRID=2059304®=3&lang=1 ) Context The second IORA seminar on Illegal, Unreported, and Unregulated (IUU) Fishing took place at Goa’s Naval War College, focusing on its economic, environmental, and security impacts. Delegates from 17 IORA countries discussed strategies to counter IUU fishing in the Indian Ocean. Indian Ocean Rim…
1. Secretary, Dr. Devesh Chaturvedi chairs a review meeting of United Nations World Food Programme- Country Programme Advisory Committee (Source – https://pib.gov.in/PressReleseDetail.aspx?PRID=2058889®=3&lang=1 ) Context The Department of Agriculture & Farmers Welfare (DA&FW) reviewed the implementation of the Country Strategic Plan (CSP) 2023-2027, in partnership with the UN World Food Programme. The plan focuses on food…
1. DRDO & IIT Delhi develop ABHED Light Weight Bullet Proof Jackets (Source – https://pib.gov.in/PressReleseDetail.aspx?PRID=2058645®=3&lang=1 ) Context The Defence Research & Development Organisation (DRDO) and IIT Delhi have developed lightweight bulletproof jackets named ABHED, utilising advanced materials to meet high threat levels. These jackets are designed for enhanced protection while ensuring compliance with the Indian…
1. Expanding Horizons in Space Sector: From Lunar Exploration to a National Space Station (Source – https://pib.gov.in/PressReleseDetail.aspx?PRID=2058137 ) Topic: GS3 – Science and Technology Context India’s space sector is witnessing significant advancements with the approval of critical missions, including Chandrayaan-4 and the Venus Orbiter Mission. These initiatives reflect the government’s commitment to enhancing technological capabilities,…
