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1. Economic Survey 2024-25

1.Economic Survey 2024-25: India’s GDP growth estimated at 6.4% in 2024-25, projected to grow between 6.3%-6.8% in 2025-26, according to the ES 2024-25.

  • About the Key Highlights of the ES: Prepared by the Department of Economic Affairs, under the guidance of the Chief Economic Advisor (CEA).
  • Real GDP Growth: Estimated at 6.4% (FY25) and expected between 6.3% - 6.8% (FY26)
  • Private Final Consumption Expenditure (PFCE): Share in GDP (current prices) is set to increase from 60.3% (FY24) to 61.8% (FY25), the highest since FY03.
  • Gross Value Added (GVA): Growth remains close to the decadal average, and Aggregate GVA has surpassed pre-pandemic trends.
  • Inflation: Headline inflation is moderating due to core inflation decline.

o Food inflation increased from 7.5% (FY24) to 8.4% (FY25) due to supply chain disruptions and weather conditions.

o If vegetables and pulses are excluded, inflation is close to the 4% target.

  • Employment: Labour market growth supported by post-pandemic recovery and increased formalization.

o  LFS report (2023-24) shows improvement in Unemployment rate, Labour force participation rate, and Worker-to-population ratio (WPR).

  • Survey’s Recommendations: Deregulation of the economy is essential to unleash growth.

o Boosting employment and income generation will lead to higher consumption.

o Simplification of regulations will reduce business costs and improve hiring.

  • Business Reform Action Plan (BRAP) highlights a positive link between business reforms and industrial activity.
  • Constitutional Mandates: The term Economic Survey is not mentioned in the Constitution.

o The Economic Survey is not binding on the government. Article 112 of the Constitution refers to the budget.

o The term "budget" is not used in the Constitution; instead, it is called the "Annual Financial Statement".


2. Tiger population in India

2.Tiger population in India: According to the National Centre for Biological Sciences (NCBS) survey the tiger population in India increased by 30% over the past two decades.

  • About the key findings: 85% of breeding populations are sustained in protected areas devoid of humans through land sparing.

o Source populations supported by corridors and sustainable land-use practices helped tiger dispersal into multi-use forests.

o Tigers now coexist with over 66 million people, proving coexistence is possible.

o Strong legislative support has aided tiger recovery, including - Wildlife Protection Act, Forest Conservation Act, and National Tiger Conservation Authority (NTCA)

o Economic prosperity and cultural values have influenced tiger persistence, recovery, and colonisation.

o Higher tiger recolonisation observed in regions with lower forest dependence and better socio-economic conditions.

o Tiger decline seen in areas with high poverty and armed conflict (e.g., Naxal-affected regions of Chhattisgarh, Jharkhand).

  • Key recommendations for future conservation: Expand protected areas and habitat corridors.

o Strengthen anti-poaching measures.

o Promote sustainable livelihoods for communities near tiger habitats.

o Enhance human-wildlife conflict mitigation through early warning systems and rapid response teams.

  • About: The tiger is a large cat and a member of the genus Panthera native to Asia.

o Subspecies of tiger: the continental (Panthera tigris tigris) and the Sunda (Panthera tigris sondaica)

o Habitats: Tropical rainforests, evergreen forests, temperate forests, mangrove swamps, grasslands, and savannas

o Status: IUCN Red list – Endangered, CITES Status - Appendix 1, and Wild life protection Act Tiger Range Countries: Schedule 1

o Found: 13 countries which include India, Bangladesh, Bhutan, Cambodia, Lao PDR (People's Democratic Republic), Malaysia, Myanmar, Nepal, Russia, Thailand, Viet Nam, China and Indonesia.


3. NIPUN Bharat Mission

3.NIPUN Bharat Mission: The Annual Status of Education Report (ASER) 2024 shows improvement in foundational learning outcomes, especially in Grade III across Indian states.

  • About: The National Initiative for Proficiency in Reading with Understanding and Numeracy (NIPUN Bharat) is a scheme under the Ministry of Education, Government of India. 

o NIPUN Bharat Mission transformed early-grade classrooms by focusing on literacy and numeracy.

  • Real-Life Impact:

o Uttar Pradesh: Ravi Sharma, a primary teacher, uses songs to teach math.

o Odisha: Second-grader Shragatika Ghosh confidently reads Odia stories aloud.

  • ASER 2024 Data on Learning Gains:

o UP: Grade III students' ability to read Grade II texts rose from 24% to 34% (2022-2024).

o Subtraction skills improved from 29% to 41%.

o Odisha: Colourful, contextualized workbooks contributed to similar gains.

o Nationally: Millions more children can read and solve basic math problems.

  • Need for NIPUN 2.0: Extend NIPUN Bharat to 2030 (NIPUN 2.0) to sustain and expand gains.

o Focus on: Grades III–V to bridge early learning & higher-order skills, and early Childhood Education (ECE) for preschool readiness.

  • About the evolution of India's Education Policies:

o NNPE 1986: Focused on education for all, primary education, and open universities.

o POA PE 1968: Based on Kothari Commission's recommendations.

o 1992: Emphasized early childhood care and universal elementary education.


4. Large Area Additive Manufacturing (LAAM) System

4.Large Area Additive Manufacturing (LAAM) System: Breakthrough in Large Area Additive Manufacturing (LAAM) System achieved at DRDO-Industry-Academia Centre of Excellence (DIA-CoE), IIT Hyderabad.

  • About: LAAM System is based on Powder-based Directed Energy Deposition technology for fabricating rocket components.

o Collaboration between IIT Hyderabad, DRDO’s Defence Research & Development Laboratory, and industry partners contributed to the success.

  • Key Features of the LAAM System: Indigenously designed with a build volume of 1m x 1m x

o-3m—one of the largest metal additive manufacturing machines in India.

o Based on Laser and Blown-Powder-based Direct Energy Deposition technology.

o Employs dual heads for thermal balancing and speed.

  • Recent Achievement: Successfully fabricated a one-meter-high component, marking progress in large-sized additive manufacturing.
  • Future Implications: It opens new possibilities for large-scale metal parts production and promotes growth and innovation in additive manufacturing in India.

5. India Honey Alliance (IHA)

5.India Honey Alliance (IHA): Recently, the India Honey Alliance (IHA), in collaboration with NIFTEM-K, successfully hosted the ‘Hive to Home: Vision2030 - Building a Scientific & Sustainable Honey Industry’ seminar at the India International Centre.

  • About IHA: It is a platform that brings together all stakeholders in the Indian honey industry, including beekeepers, honey companies, exporters, processors, farmers, and scientific experts.
  • Objective: To strengthen India’s honey value chain through scientific advancements & sustainable practices.

o Brought together policymakers, scientists, and industry leaders to discuss quality assurance, sustainability, and global competitiveness in India’s honey industry.

  • Key Highlights: Urged FSSAI to collaborate with NIFTEM & other institutes to set India-specific honey standards.

o Called upon IHA to expand & strengthen India’s position as a leading honey producer & exporter.

o Stressed the importance of scientific advancements in testing to uphold global benchmarks & enhance credibility.

  • Key Recommendations from the Seminar: Conduct scientific studies on Indian honey to revise quality standards & thresholds.

o Enhance regulatory compliance & consumer awareness.

o Develop advanced training systems for beekeepers to improve productivity & sustainability.

o Promote innovation in beekeeping practices.


6. Net-Zero Banking Alliance (NZBA)

6.Net-Zero Banking Alliance (NZBA): COP29 held in Azerbaijan, failed to secure a fair deal on climate finance for developing nations, within three months, six major American banks exited the Net Zero Banking Alliance (NZBA).

  • About NZBA: Bank-led & UN-convened initiative aligning global banks’ lending, investment, and capital markets with Net-Zero GHG emissions by 2050.

o Climate accelerator for UNEP Financial Initiative’s Principles for Responsible Banking (PRB).

o India Position: There is no Indian bank is a member of this alliance.

  • Governance: Steering Group & Chair govern the alliance, representing diverse geographies and business models.

o Selected by member banks, supported by the UNEP FI Secretariat.

o United Nations holds a seat on the Steering Group.

o Operates under NZBA governance documents (adopted in Oct 2021, updated in Aug 2023 & Mar 2024).

  • Commitments for Member Banks: Align operational & attributable GHG emissions from lending & investment with Net-Zero pathways by 2050 or sooner.

o Set targets within 18 months of joining for 2030 or sooner, with 2050 target and intermediary targets every 5 years.

o First 2030 targets focus on GHG-intensive sectors, with further targets within 36 months.

o Annually publish absolute emissions & emissions intensity in line with best practices within a year of setting targets.



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