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India Launches Scheme for Rare Earth Magnet Manufacturing Why in the News ? The Union Cabinet has approved a major scheme to promote Rare Earth Permanent Magnet manufacturing, with an outlay of ₹7,280 crore, aimed at reducing import dependence and supporting sectors like EVs, renewable energy, defence, and electronics, alongside approving key metro and railway …
Read MoreAdapting the India-Middle East-Europe Corridor Future Why in the News? The India-Middle East-Europe Economic Corridor (IMEC), launched during the G-20 Summit 2023, faces uncertainty due to ongoing West Asian conflicts. Experts emphasize the need for adaptive strategies to sustain connectivity between India, the Middle East, and Europe amid shifting geopolitical realities and the evolving global …
Read MorePowering the India-Australia Clean Energy Alliance Syllabus: GS Paper – 2 Bilateral Groupings & Agreements, International Treaties & Agreements, Government Policies & Interventions Why in the News? Australia’s Minister for Climate Change and Energy, Chris Bowen, is visiting New Delhi to meet India’s Renewable Energy Minister Pralhad Joshi, advancing the India-Australia Renewable Energy Partnership (REP). …
Read MoreIndia’s Gender Data Gap Hampers Economic Ambitions Syllabus: GS Paper – 2 Issues Related to Women Inclusive Growth Why in the News? India’s ambition to become a $30 trillion economy by 2047 is hindered by the lack of gender-disaggregated data. The Women’s Economic Empowerment (WEE) Index, launched by Uttar Pradesh, highlights how embedding a gender …
Read MoreUNLOCKING INNOVATION WITH INDIA’S PROCUREMENT REFORMS Why in the news? Research and development (R&D) can be transformed by integrating global best practices in market-shaping, cognitive tools, and hybrid governance. Traditional procurement policies, though aimed at transparency and cost-efficiency, often have unintended negative effects on R&D. While these frameworks succeed in preventing fraud, they tend to …
Read MoreQUAD LAUNCHES CRITICAL MINERALS INITIATIVE AMID SUPPLY CONCERNS Why in the News? Quad initiative: Quad foreign ministers launched the Critical Minerals Initiative in Washington to secure global supply chains, a move that could impact capital gain tax considerations and cost inflation index for mineral investments. China’s dominance: Move comes after China’s export curbs on seven …
Read MoreChina’s Rare Earth Curbs Challenge India’s Readiness Why in the News? China’s export restrictions on rare earth minerals have disrupted India’s automobile sector, exposing its dependence on Chinese imports. The move, in retaliation to US tariffs, highlights the urgent need for India to develop its domestic rare earth ecosystem and address critical mineral supply chain …
Read MoreMADE IN CHINA 2025 ALARMS WEST Syllabus: GS- 2: International Relations (India-China, WTO, technology sovereignty) GS- 3: Economy (industrial policy, manufacturing, trade), S&T (AI, EVs, 5G) Focus: The Made in China 2025 (MIC25) initiative marks its 10th anniversary, with global assessments revealing its remarkable achievements in transforming China’s manufacturing landscape. This ambitious plan for China …
Read MoreWhy in the News ? The Indian Ports Bill 2025 was introduced in Lok Sabha to amend the 117-year-old Indian Ports Act, 1908. It aims to modernize port governance, ensure environmental protection, and incorporate international standards while considering state concerns. Objectives of the Indian Ports Bill 2025 : The Indian Ports Bill 2025 was introduced …
Read MoreWhy in News? The Lok Sabha passed the Carriage of Goods by Sea Bill, 2024, replacing the 1925 Act to modernize maritime regulations. The Bill simplifies laws, aligns with international standards, and promotes ease of doing business in shipping. About the Purpose and Key Features of the Bill: Lok Sabha passed the Carriage of Goods …
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