{"id":42445,"date":"2024-06-13T12:18:15","date_gmt":"2024-06-13T12:18:15","guid":{"rendered":"https:\/\/edukemy.com\/blog\/?p=42445"},"modified":"2024-06-13T12:18:17","modified_gmt":"2024-06-13T12:18:17","slug":"upsc-daily-current-affairs-13th-june-2024","status":"publish","type":"post","link":"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/","title":{"rendered":"UPSC Daily Current Affairs &#8211; 13th June 2024"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/edukemy.com\/upsc-current-affairs?utm_source=Blog&amp;utm_medium=Banner&amp;utm_campaign=Current+Affairs\" target=\"_blank\" rel=\"noreferrer noopener\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1280\" height=\"300\" src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/19.png\" alt=\"\" class=\"wp-image-42406\" srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/19.png 1280w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/19-1170x274.png 1170w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/19-585x137.png 585w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/a><\/figure>\n\n\n\n<p>In today&#8217;s daily current affairs briefing for UPSC aspirants, we explore the latest developments that hold relevance for the upcoming civil services examination. Our focus today includes a critical analysis of recent policy changes, international affairs, and national developments, all of which play a pivotal role in shaping the socio-political and economic landscape of India. Stay informed and stay ahead in your UPSC preparations with our daily current affairs updates, as we provide you with concise, well-researched insights to help you connect the dots between contemporary events and the broader canvas of the civil services syllabus.\u00a0<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-69d549906ee22\" class=\"ez-toc-cssicon-toggle-label\"><p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d549906ee22\"  \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Indias_Looming_Financial_Crisis\" title=\"India\u2019s Looming Financial Crisis\">India\u2019s Looming Financial Crisis<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Why_in_the_news\" title=\"Why in the news?\">Why in the news?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#IMF_Projections_on_Indias_Economic_Growth\" title=\"IMF Projections on India&#8217;s Economic Growth:\">IMF Projections on India&#8217;s Economic Growth:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#A_Lofty_and_Dangerous_Narrative_about_the_Indian_economy\" title=\"A Lofty and Dangerous Narrative about the Indian economy:\">A Lofty and Dangerous Narrative about the Indian economy:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Challenges_of_the_financial_sector\" title=\"Challenges of&nbsp; the financial sector:\">Challenges of&nbsp; the financial sector:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Major_Steps_to_Address_Indias_Looming_Financial_Crisis\" title=\"Major Steps to Address India\u2019s Looming Financial Crisis:\">Major Steps to Address India\u2019s Looming Financial Crisis:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Way_forward\" title=\"Way forward:&nbsp;\">Way forward:&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#The_social_sciences_a_shelter_for_the_%E2%80%98excluded_student\" title=\"The social sciences, a shelter for the \u2018excluded\u2019 student\">The social sciences, a shelter for the \u2018excluded\u2019 student<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Why_in_the_news-2\" title=\"Why in the news?\">Why in the news?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Causes_of_Exclusion_in_Higher_Education\" title=\"Causes of Exclusion in Higher Education:\">Causes of Exclusion in Higher Education:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Surge_of_Empirical_Orientation\" title=\"Surge of Empirical Orientation:\">Surge of Empirical Orientation:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Improving_Quality_of_Higher_Education\" title=\"Improving Quality of Higher Education:\">Improving Quality of Higher Education:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Steps_Taken_by_the_Government_to_Improve_Quality_of_Higher_Education\" title=\"Steps Taken by the Government to Improve Quality of Higher Education:\">Steps Taken by the Government to Improve Quality of Higher Education:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Pradhan_Mantri_Awas_Yojana\" title=\"Pradhan Mantri Awas Yojana\">Pradhan Mantri Awas Yojana<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Why_in_the_news-3\" title=\"Why in the news?\">Why in the news?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#About_Pradhan_Mantri_Awas_Yojana_PMAY\" title=\"About Pradhan Mantri Awas Yojana (PMAY):\">About Pradhan Mantri Awas Yojana (PMAY):<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#PMAY-U_Urban\" title=\"PMAY-U (Urban):\">PMAY-U (Urban):<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Subsidy_Schemes\" title=\"Subsidy Schemes:\">Subsidy Schemes:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#PMAY-G_Gramin\" title=\"PMAY-G (Gramin):\">PMAY-G (Gramin):<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Features\" title=\"Features:\">Features:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Importance_and_Progress_of_Pradhan_Mantri_Awas_Yojana_PMAY\" title=\"Importance and Progress of Pradhan Mantri Awas Yojana (PMAY):\">Importance and Progress of Pradhan Mantri Awas Yojana (PMAY):<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#2025_Year_of_Quantum_Science_and_Technology\" title=\"2025 Year of Quantum Science and Technology\">2025 Year of Quantum Science and Technology<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Why_in_the_News\" title=\"Why in the News?\">Why in the News?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#What_is_Quantum_Science_and_Technology\" title=\"What is Quantum Science and Technology?\">What is Quantum Science and Technology?<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#About\" title=\"About\">About<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Key_Concepts\" title=\"Key Concepts\">Key Concepts<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Applications_and_Usefulness\" title=\"Applications and Usefulness:\">Applications and Usefulness:<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Quantum_Computing\" title=\"Quantum Computing:\">Quantum Computing:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Quantum_Cryptography\" title=\"Quantum Cryptography:\">Quantum Cryptography:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Quantum_Sensing\" title=\"Quantum Sensing:\">Quantum Sensing:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-31\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Quantum_Materials\" title=\"Quantum Materials:\">Quantum Materials:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-32\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Quantum_Communication\" title=\"Quantum Communication:\">Quantum Communication:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-33\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Fundamental_Research\" title=\"Fundamental Research:\">Fundamental Research:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-34\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Steps_taken_by_India_to_promote_Quantum_S_T\" title=\"Steps taken by India to promote Quantum S&amp;T:\">Steps taken by India to promote Quantum S&amp;T:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-35\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Process_by_which_the_United_Nations_declares_an_international_year\" title=\"Process by which the United Nations declares an international year:\">Process by which the United Nations declares an international year:<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-36\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Proposal_Submission\" title=\"Proposal Submission:\">Proposal Submission:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-37\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Review_and_Endorsement\" title=\"Review and Endorsement:\">Review and Endorsement:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-38\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Consultation_and_Support\" title=\"Consultation and Support:\">Consultation and Support:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-39\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Drafting_a_Resolution\" title=\"Drafting a Resolution:\">Drafting a Resolution:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-40\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Adoption_by_the_General_Assembly\" title=\"Adoption by the General Assembly:\">Adoption by the General Assembly:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-41\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Monitoring_and_Reporting\" title=\"Monitoring and Reporting:\">Monitoring and Reporting:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-42\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#2025_be_International_Year_of_Quantum_Science_and_Tech\" title=\"2025 be International Year of Quantum Science and Tech:\">2025 be International Year of Quantum Science and Tech:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-43\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Lipulekh_Pass\" title=\"Lipulekh Pass\">Lipulekh Pass<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-44\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Why_in_the_news-4\" title=\"Why in the news?\">Why in the news?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-45\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#About_Lipulekh_Pass\" title=\"About Lipulekh Pass:\">About Lipulekh Pass:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-46\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#SpaceXs_Starship_Mega_Rocket\" title=\"SpaceX\u2019s Starship Mega Rocket\">SpaceX\u2019s Starship Mega Rocket<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-47\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Why_in_the_news-5\" title=\"Why in the news?\">Why in the news?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-48\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#What_is_Starship\" title=\"What is Starship?\">What is Starship?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-49\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Components\" title=\"Components:\">Components:<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-50\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Super_Heavy_Booster\" title=\"Super Heavy Booster:\">Super Heavy Booster:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-51\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Starship_Spacecraft\" title=\"Starship Spacecraft:\">Starship Spacecraft:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-52\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Benefits_of_Starship\" title=\"Benefits of Starship:\">Benefits of Starship:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-53\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Challenges_with_Starship\" title=\"Challenges with Starship:\">Challenges with Starship:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-54\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Cascadia_Subduction_Zone\" title=\"Cascadia Subduction Zone\">Cascadia Subduction Zone<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-55\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Why_in_the_news-6\" title=\"Why in the news?&nbsp;\">Why in the news?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-56\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Cascadia_Subduction_Zone_CSZ\" title=\"Cascadia Subduction Zone (CSZ):\">Cascadia Subduction Zone (CSZ):<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-57\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-58\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Q_What_are_daily_current_affairs\" title=\"Q: What are daily current affairs?\">Q: What are daily current affairs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-59\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Q_Why_is_it_important_to_stay_updated_with_daily_current_affairs\" title=\"Q: Why is it important to stay updated with daily current affairs?\">Q: Why is it important to stay updated with daily current affairs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-60\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Q_Where_can_I_access_daily_current_affairs_information\" title=\"Q: Where can I access daily current affairs information?\">Q: Where can I access daily current affairs information?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-61\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Q_How_can_I_effectively_incorporate_daily_current_affairs_into_my_routine\" title=\"Q: How can I effectively incorporate daily current affairs into my routine?\">Q: How can I effectively incorporate daily current affairs into my routine?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-62\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Q_What_are_some_tips_for_critical_analysis_of_daily_current_affairs\" title=\"Q: What are some tips for critical analysis of daily current affairs?\">Q: What are some tips for critical analysis of daily current affairs?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-63\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#In_case_you_still_have_your_doubts_contact_us_on_91-9773890604\" title=\"In case you still have your doubts, contact us on +91-9773890604.&nbsp;\">In case you still have your doubts, contact us on +91-9773890604.&nbsp;<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-64\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-13th-june-2024\/#Visit_our_YouTube_Channel_%E2%80%93_here\" title=\"Visit our YouTube Channel &#8211;&nbsp;here\">Visit our YouTube Channel &#8211;&nbsp;here<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Indias_Looming_Financial_Crisis\"><\/span><strong>India\u2019s Looming Financial Crisis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: GS-3 Indian Economy\u2013 issues related to Financial , mobilisation of resources<\/strong><\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news\"><\/span><strong>Why in the news?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>India is presently witnessing a credit boom fueled by optimism surrounding the country&#8217;s digital infrastructure and financial innovations.<\/li><li>The 2024 review of the National Council of Applied Economic Research cheered a 20% increase in banks.<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXdhAWmfd4Zf4nQyjKu1EyuhEZhIQMXvjeutTAnvdZzcx54wrEIAZBZEQpgdkRiG0VI0JDNnYA6s_ivEoOg6jbKMkQ2gD9C5Glf-La6F9B0s_9VPE702fjB8edbZ4sYgB1F1OxPJ2lmLRGXOKSjU4mcMiCayRTPKQUVn-ZyoLqPzC7fPGFlf1Q?key=6DCdRNEH9pZ1wcv_S7ygGQ\" alt=\"India\u2019s Looming Financial Crisis\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>India\u2019s Looming Financial Crisis<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IMF_Projections_on_Indias_Economic_Growth\"><\/span><strong>IMF Projections on India&#8217;s Economic Growth:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Current Economic Position:<\/strong> India is currently the fifth-largest economy in the world in U.S. dollar terms.<\/li><li><strong>Future Projections: <\/strong>The IMF projects that India will become the third-largest economy globally by 2027.<\/li><li><strong>Growth Rate Leadership:<\/strong> India has achieved the highest growth rate among G20 countries, surpassing China&#8217;s growth rate for two consecutive years.<\/li><li><strong>Historical Growth Milestones:<\/strong><ul><li>From historical data, India took six decades (1947 to 2007) to cross the one trillion-dollar GDP mark in 2007 (reaching $1.2 trillion).<\/li><li>It took just seven years for India to double its GDP to $2 trillion by 2014.<\/li><\/ul><\/li><li>Subsequently, India added another $1.2 trillion by 2021, showcasing accelerated economic growth.<\/li><li><strong>Projected Growth Trajectory: <\/strong>If India achieves the IMF&#8217;s projected GDP figure of $5.2 trillion by 2027, it would imply adding $2 trillion in just six years<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"A_Lofty_and_Dangerous_Narrative_about_the_Indian_economy\"><\/span><strong>A Lofty and Dangerous Narrative about the Indian economy:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Exaggerated Optimism on Digital Infrastructure:<\/strong> Policymakers are overly optimistic about India&#8217;s digital infrastructure as a driver of financial innovation and inclusive growth, promising economic expansion and equality.<\/li><li><strong>Enabling Poor Financial Practices<\/strong>: Unregulated financial sector encouraged by optimistic narratives, leading consumers to overextend financially, resulting in a surge in lending, especially personal loans.<\/li><li><strong>Misleading Applause from Analysts<\/strong>: International and domestic analysts, including the IMF and National Council of Applied Economic Research, applaud the surge in bank lending, particularly personal loans, as a positive indicator despite challenges in industrial lending.<\/li><li><strong>Neglect of Fundamental Issues: <\/strong>Emphasis on credit growth overlooks critical issues like job deficits and human capital shortages. The appearance of financial stability persists as new loans repay old ones, masking underlying vulnerabilities that could surface if lending slows.<\/li><li><strong>Boom in Household Debt: <\/strong>Rapid annual expansion of household lending at 25% to 30% viewed as easy cash for lower- and middle-income households, fueling non-productive spending and inflation without enhancing competitiveness.<\/li><li><strong>Economic Risks and Warning Signs:<\/strong> Economists caution that mounting household debt burdens could lead to severe economic downturns. Concerns are compounded by an overvalued stock market, sluggish corporate investments, weak consumer spending, inflated exchange rates, and unreliable economic data, signalling a potential financial crisis.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Challenges_of_the_financial_sector\"><\/span><strong>Challenges of&nbsp; the financial sector:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Fragmented Financial Sector:<\/strong><ul><li>India&#8217;s financial services industry is sprawling and disorderly, comprising around 30 major providers like scheduled commercial banks and significant NBFCs, alongside numerous smaller, often dubious players including fly-by-night NBFCs and fintech startups.<\/li><\/ul><\/li><li><strong>Rogue Behavior and Scams:<\/strong><ul><li>Major financial institutions in India have a history of unethical conduct, exploiting opportunities for quick profits since economic liberalisation in 1991, resulting in multiple financial scandals.\u00a0<\/li><li>Post-COVID-19, many shifted focus to household lending, taking advantage of stagnant incomes.<\/li><\/ul><\/li><li><strong>Unsecured Lending Surge:<\/strong><ul><li>A substantial and growing portion of household loans, approaching a quarter, is unsecured, lacking collateral.\u00a0<\/li><li>The surge in credit card issuance exemplifies this trend, with numbers rising from 20 million in 2011 to nearly 100 million by January 2024.<\/li><\/ul><\/li><li><strong>High-Risk Borrowers:<\/strong><ul><li>Intensive marketing of credit cards and loans has targeted low-creditworthy individuals, introducing stress into both borrower profiles and the financial system.<\/li><li>The Reserve Bank of India has highlighted that the rapid expansion of credit cards has attracted riskier, subprime borrowers.<\/li><\/ul><\/li><li><strong>Debt Addiction and Financial Strain<\/strong>:\u00a0<ul><li>Many households are ensnared in debt traps, enticed by rewards and &#8220;no-interest EMIs,&#8221; resorting to further borrowing to settle existing debts, intensifying their financial burdens.\u00a0<\/li><li>India&#8217;s high household debt-service-to-income ratio (12%) ranks among the world&#8217;s highest, akin to pre-2008 crisis levels in the US and Spain.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Major_Steps_to_Address_Indias_Looming_Financial_Crisis\"><\/span><strong>Major Steps to Address India\u2019s Looming Financial Crisis:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Monetary Policy Measures: T<\/strong>he RBI has implemented measures such as raising Repo Rates to manage liquidity and curb inflation. Impact: These measures aim to stabilise prices and maintain financial stability amidst economic challenges.<\/li><li><strong>Fiscal Policy Measures: <\/strong>Increased spending on infrastructure projects and social welfare programs to stimulate economic growth and create jobs. Impact: Boosting economic activity and employment through public investment in key sectors.<\/li><li><strong>Tax Reforms:<\/strong> Efforts to simplify tax rules and improve tax collection, including the implementation of GST. Impact: Enhancing revenue generation and reducing compliance burdens for businesses.<\/li><li><strong>Ease of Doing Business Reforms:<\/strong> Reforms to improve the business environment, including initiatives like \u2018Make in India\u2019 and \u2018Start-up India\u2019. Impact: Strengthening manufacturing infrastructure, fostering innovation, and promoting entrepreneurship.<\/li><li><strong>Financial Sector Reforms:<\/strong> Ongoing efforts to strengthen the banking sector and enhance financial inclusion. Impact: Improving resilience in the financial system and expanding access to banking services.<\/li><li><strong>Attracting Foreign Investment: S<\/strong>teps taken to attract foreign investment to bolster economic growth. Impact: Infusing capital, technology, and expertise into the economy, supporting development and employment.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Way_forward\"><\/span><strong>Way forward:&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Restructure Financial Sector:<\/strong> Scale down and regulate the financial services industry to align with productive borrowing, ensuring sustainable economic activities.<\/li><li><strong>Adjust Exchange Rates: <\/strong>Consider rupee depreciation to boost exports, safeguard against economic downturns, and enhance global competitiveness of Indian goods.<\/li><li><strong>Promote Job Creation: <\/strong>Prioritise job-rich manufacturing growth through investments in human capital, infrastructure, and industrial development to foster sustainable employment.<\/li><li><strong>Enhance Financial Literacy and Consumer Protection<\/strong>: Improve financial education and regulatory frameworks to empower informed borrowing decisions and prevent predatory lending practices.<\/li><li><strong>Manage Household Debt:<\/strong> Monitor household debt levels rigorously and implement measures to promote productive investments, mitigating risks of a debt-driven economic crisis<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"pcrstb-wrap\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>UPSC Civil Services Examination PYQ\u00a0<\/strong><br><br><strong>Mains:<\/strong><br><strong>Q:1 Industrial growth rate has lagged behind the overall growth of Gross-Domestic-Product (GDP) in the post-reform period\u201d Give reasons. How far are the recent changes in Industrial Policy capable of increasing the industrial growth rate? (2017)<\/strong><br><strong>Q:2 The product diversification of financial institutions and insurance companies, resulting in overlapping of products and services strengthens the case for the merger of the two regulatory agencies, namely SEBI and IRDA. Justify. (2013)<\/strong><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><strong>&nbsp;Source <\/strong><a href=\"https:\/\/www.thehindu.com\/opinion\/lead\/indias-looming-financial-crisis\/article68278359.ece\/amp\/\"><strong>:<\/strong><strong> TH<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_social_sciences_a_shelter_for_the_%E2%80%98excluded_student\"><\/span><strong>The social sciences, a shelter for the \u2018excluded\u2019 student<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: GS\u00a0 1-\u00a0 Indian Society , GS-2 \u2013Social Issues\u2013\u00a0 Health &amp; Education<\/strong><\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news-2\"><\/span><strong>Why in the news?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Recently, persistent exclusion causes some subjects to become a last alternative for many students, with social sciences becoming a substantial reservoir of the excluded in India.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Causes_of_Exclusion_in_Higher_Education\"><\/span><strong>Causes of Exclusion in Higher Education:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Excessive Competition:<\/strong><ul><li><strong>Rigorous Selection Processes: <\/strong>Premier institutions employ strict admission criteria due to high demand, leading to the exclusion of many students who cannot meet these challenging requirements.<\/li><\/ul><\/li><li><strong>Financial Factors:<\/strong><ul><li><strong>High Tuition Fees in Private Institutions: <\/strong>Many private colleges and universities charge high tuition fees that are not regulated by statutory norms, making them unaffordable for a large segment of the population.<\/li><\/ul><ul><li><strong>Increased Fees in Public Institutions:<\/strong> Reduced government funding has led public institutions to raise their fees, further restricting access to higher education for students from lower-income families.<\/li><\/ul><\/li><li><strong>Subject and Course Availability:<\/strong><ul><li><strong>Regional Disparities:<\/strong> There is a significant difference in course availability across regions. Some areas only offer generic courses with outdated syllabi, limiting educational opportunities and leading to the exclusion of students seeking specific or up-to-date program<\/li><\/ul><\/li><li><strong>Regional Disparities in Higher Education:<\/strong><ul><li>In certain regions,there is a notable absence of diverse course offerings.This disparity results in a disconnect between student aspirations and the courses available, ultimately impacting the overall quality of education provided.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Surge_of_Empirical_Orientation\"><\/span><strong>Surge of Empirical Orientation:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Employability Perception:<\/strong><ul><li><strong>Practical vs. Theoretical Courses:<\/strong> Courses with a strong empirical and practical focus, such as economics, are perceived to provide better job prospects than more theoretical disciplines like anthropology or sociology.<\/li><\/ul><\/li><li><strong>Policy Intervention Skills:<\/strong><ul><li><strong>Problem-Solving Expectations:<\/strong> There is an increasing demand for social science students to acquire problem-solving skills akin to those taught in engineering, which results in a narrower focus within social science curricula.<\/li><\/ul><\/li><li><strong>Private Universities:<\/strong><ul><li><strong>Demand for Specialised Courses:<\/strong> The rise of private universities, often catering to wealthier students, has led to a higher demand for specialised courses that are less commonly offered in public institutions, thereby creating a divide in course availability and quality.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Improving_Quality_of_Higher_Education\"><\/span><strong>Improving Quality of Higher Education:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Expand Quantity &amp; Improve Quality:<\/strong> Expand the number of available seats to accommodate excluded students and simultaneously improve the quality of education through competitive admissions processes and rigorous academic standards.<\/li><li><strong>Enhance Teaching Quality:<\/strong> Focus on improving teaching techniques and course content to make education more relevant and effective. This includes regularly reviewing teaching practices and incorporating student feedback to enhance learning experiences.<\/li><li><strong>Address Financial Exclusion:<\/strong> Implement strategies to minimise financial obstacles, thereby preventing the widening of educational inequalities. Examples include government-provided loans or scholarships to make quality education accessible to a broader demographic.<\/li><li><strong>Update Course Content:<\/strong> Continuously update and revise course syllabi to reflect societal changes and technological advancements, such as incorporating generative artificial intelligence, to ensure the curriculum remains current and applicable.<\/li><li><strong>Focus on Inclusivity: <\/strong>Develop and implement policies that promote inclusivity, addressing the needs of diverse student populations and reducing regional disparities in course offerings. This ensures a more equitable distribution of educational opportunities.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Steps_Taken_by_the_Government_to_Improve_Quality_of_Higher_Education\"><\/span><strong>Steps Taken by the Government to Improve Quality of Higher Education:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Rashtriya Uchchatar Shiksha Abhiyan (RUSA)<\/strong>: To improve the overall quality of state universities and colleges. As of 2023, RUSA has sanctioned over 1,200 projects across various states, focusing on infrastructure development, faculty improvement, and academic reforms.<\/li><li><strong>AICTE Initiatives: <\/strong>AICTE has established over 800 Deen Dayal Upadhyay KAUSHAL Kendras and introduced Bachelor of Vocation (B.Voc) programs in more than 1,000 institutions across India to promote skill development among technical education students.<\/li><li><strong>National Institutional Ranking Framework (NIRF)<\/strong>: To rank over 4,000 institutions annually of higher education in India based on various parameters such as teaching, learning, research, and outreach to encourage institutions to improve their performance.<\/li><li><strong>Scholarship and Fellowship Schemes<\/strong>: UGC&#8217;s PG Doctoral Fellowship scheme supports over 2,500 SC\/ST students annually in pursuing research programs and Over 5 lakh students annually, promoting inclusivity and supporting higher education aspirations among economically disadvantaged groups.<\/li><li><strong>Study Webs of Active-Learning for Young Aspiring Minds (SWAYAM)<\/strong>: To provide online courses and learning resources to students across the country. SWAYAM offers over 2,000 courses covering diverse subjects, benefiting millions of students and enhancing access to quality education.<\/li><li><strong>UGC Regulations:<\/strong> UGC&#8217;s regulations like Minimum Qualifications for Teachers,Curbing Ragging and Grievance Redressal etc. ensure that institutions seeking recognition meet specified quality benchmarks. Over 20,000 colleges and universities are accredited under these regulations.<\/li><\/ul>\n\n\n\n<p>\u00a0<strong>Source: <\/strong><a href=\"https:\/\/www.thehindu.com\/opinion\/op-ed\/the-social-sciences-a-shelter-for-the-excluded-student\/article68278414.ece\"><strong>T<\/strong>H<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pradhan_Mantri_Awas_Yojana\"><\/span><strong>Pradhan Mantri Awas Yojana<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: GS\u20142 ,Poverty \u2013 Welfare Schemes \u2013 Government Policies &amp; Interventions\u00a0<\/strong><\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news-3\"><\/span><strong>Why in the news?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Recently, the Cabinet has decided to further expand the Pradhan Mantri Awas Yojana and construct 3 crore additional rural and urban houses.&nbsp;<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXcCTPfo8yqNmIddcNgm4n0TweV20nRpCSuDFz6FJ6aGTEQlf6tjTSCbdUa3_vPPmg9Ez5gUhKIFqplKgQdCH5W7wWv3hk7MgAkvU9n2qrwJv8gfoXDGwLMMoKHPrYupJqZBi5w3b2rhMdauFy_-s6rb1_Lir3I2ObQZofui7fiFiFzVBZ7ylt8?key=6DCdRNEH9pZ1wcv_S7ygGQ\" alt=\"Pradhan Mantri Awas Yojana\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Pradhan Mantri Awas Yojana<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Pradhan_Mantri_Awas_Yojana_PMAY\"><\/span><strong>About Pradhan Mantri Awas Yojana (PMAY):<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>The Government of India launched the Pradhan Mantri Awas Yojana (PMAY) in 2015-16 with the objective of providing assistance to eligible rural and urban households for constructing houses equipped with basic amenities.<\/li><li>The newly formed government has approved the proposal to provide 3 crore additional rural and urban houses under PMAY.<\/li><li>The scheme has two components: PMAY-U for the urban poor and PMAY-G and PMAY-R for the rural poor.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"PMAY-U_Urban\"><\/span><strong>PMAY-U (Urban):<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>The Ministry of Housing and Urban Affairs has been implementing PMAY-U under \u2018Housing for All\u2019 Mission since June, 2015.<\/li><li><strong>Objective: <\/strong>To provide housing for all segments of society in urban areas.<\/li><li><strong>Beneficiaries: <\/strong>Economically Weaker Section (EWS), Low-Income Group (LIG), and Middle-Income Group (MIG).<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Subsidy_Schemes\"><\/span><strong>Subsidy Schemes:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Credit Linked Subsidy Scheme<\/strong>: Offers interest subsidy on home loans for EWS, LIG, and MIG categories.<\/li><li><strong>In-Situ Slum Redevelopment:<\/strong> Uses existing land to provide housing to eligible slum dwellers.<\/li><li><strong>Affordable Housing in Partnership:<\/strong> Promotes collaboration between public and private sectors to develop affordable housing projects.<\/li><li><strong>Beneficiary-Led Construction:<\/strong> Provides financial assistance to individuals for self-construction or improvement of their houses.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"PMAY-G_Gramin\"><\/span><strong>PMAY-G (Gramin):<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>In order to achieve the target of \u201cHousing for All\u201d in rural areas, the Ministry of Rural Development is implementing PMAY-G with effect from 1st April 2016.<\/li><li><strong>Objective: <\/strong>To provide pucca houses with basic amenities to rural families who are homeless or living in kutcha or dilapidated houses.<\/li><li><strong>Beneficiaries: <\/strong>Identified using the Socio-Economic and Caste Census (SECC) 2011.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Features\"><\/span><strong>Features:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Financial Assistance:&nbsp; <\/strong>Provided financial Assistance of Rs.1.20 lakh in plain areas and Rs.1.30 lakh in hilly States (including North-eastern States and UTs of Jammu &amp; Kashmir and Ladakh), difficult areas and Integrated Action Plan (IAP) districts.<\/li><li><strong>Construction:<\/strong> Overall target to construct 2.95 crore pucca houses with basic amenities by March, 2024.<\/li><li><strong>Convergence with Other Schemes: <\/strong>Promotes collaboration with schemes like Swachh Bharat Mission (SBM) for toilet construction( Rs.12000\/) and Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) for wage employment.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Importance_and_Progress_of_Pradhan_Mantri_Awas_Yojana_PMAY\"><\/span><strong>Importance and Progress of Pradhan Mantri Awas Yojana (PMAY):<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>In a nation where millions aspire to own a home, the Pradhan Mantri Awas Yojana (PMAY) stands as a beacon of hope and progress.&nbsp;<\/li><li>It underscores the government\u2019s unwavering commitment to providing affordable housing and enhancing the quality of life for its citizens.&nbsp;<\/li><li>PMAY is not merely a housing scheme; it embodies a mission to empower individuals with dignity and security.<\/li><li>Over the past decade, PMAY has successfully completed construction of a total of 4.21 Crore houses for eligible poor families across the country<\/li><\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=2023872\"><strong>PIB<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2025_Year_of_Quantum_Science_and_Technology\"><\/span><strong>2025 Year of Quantum Science and Technology<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: GS-3 &#8211; Science &amp; Technology- Quantum Technology<\/strong><\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_News\"><\/span><strong>Why in the News?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>The United Nations has designated 2025 as the &#8216;International Year of Quantum Science and Technology&#8217; to enhance global awareness of the importance of quantum science and its applications.&nbsp;<\/li><li>Spearheaded by Mexico and endorsed by nearly 60 countries, this initiative seeks to foster activities across various domains to underscore the significance of quantum science and technology on a global scale.<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXdxAvA-0HF5bbhngfNVGuaGNTq9iOW-bUJ_mln5InXNEUn8yeIyVfyAdOFMA9jo0fk1vm7ASFk8HcnmNTA1Q-G9zLCpZtX3qRNvVkUTbSr4HrTJWVn5EU1J_-xi4IJlGuxAS_CgjTQ4n4OYvVx-DX91iIN_Ln9ut8n11SltGMr3QG2zGHQPePU?key=6DCdRNEH9pZ1wcv_S7ygGQ\" alt=\"Quantum Science and Technology\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Quantum Science and Technology<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Quantum_Science_and_Technology\"><\/span><strong>What is Quantum Science and Technology?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About\"><\/span><strong>About<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>Quantum Science and Technology integrates principles of quantum mechanics with practical applications.<\/li><li>Quantum mechanics explores particle behaviour at atomic and subatomic levels.<\/li><li>This field aims to apply quantum principles to innovate and enhance technological advancements.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Concepts\"><\/span><strong>Key Concepts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Superposition:<\/strong> Particles can exist in multiple states simultaneously until observed or measured.<\/li><li><strong>Entanglement: <\/strong>Particles can be interconnected so that the state of one instantaneously affects another, regardless of distance.<\/li><li><strong>Quantum Computing: <\/strong>Utilises quantum bits (qubits) capable of superposition, allowing for simultaneous execution of multiple computations.<\/li><li><strong>Quantum Cryptography:<\/strong> Applies quantum mechanics to develop secure communication systems.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"pcrstb-wrap\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>What is Quantum &amp; Quantum Theory? <\/strong><br>&#8220;Quantum\u201d refers to the smallest discrete unit of any physical quantity involved in an interaction according to quantum theory. Quantum theory is a fundamental theory in physics that provides a description of the physical properties of nature at the scale of atoms and subatomic particles.<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Applications_and_Usefulness\"><\/span><strong>Applications and Usefulness:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Quantum_Computing\"><\/span><strong>Quantum Computing:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Speed and Efficiency<\/strong>: Quantum computers excel at solving complex problems much faster than classical computers.<\/li><li><strong>Optimization: <\/strong>Applied in logistics, finance, and material science to optimise large datasets efficiently.<\/li><li><strong>Cryptography:<\/strong> Capable of breaking traditional encryption methods, driving the development of more secure cryptographic techniques.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Quantum_Cryptography\"><\/span><strong>Quantum Cryptography:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Secure Communication:<\/strong> Quantum Key Distribution (QKD) ensures communication security by preventing eavesdropping.<\/li><li><strong>Data Protection<\/strong>: Provides unbreakable encryption based on quantum mechanics principles.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Quantum_Sensing\"><\/span><strong>Quantum Sensing:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Precision Measurement: <\/strong>Quantum sensors achieve unprecedented precision in measuring physical quantities like time, gravity, and magnetic fields.<\/li><li><strong>Medical Imaging: <\/strong>Enhances medical diagnostics and treatments through advanced imaging techniques.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Quantum_Materials\"><\/span><strong>Quantum Materials:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Superconductors<\/strong>: Enable electricity transmission without resistance, enhancing efficiency in power grids and electronic devices.<\/li><li><strong>Topological Insulators:<\/strong> Unique materials with applications in advanced electronics and quantum computing.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Quantum_Communication\"><\/span><strong>Quantum Communication:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Internet Security: <\/strong>Quantum networks offer highly secure communication channels.<\/li><li><strong>Satellite Communication<\/strong>: Quantum satellites support secure long-distance communication.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fundamental_Research\"><\/span><strong>Fundamental Research:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Understanding the Universe: P<\/strong>rovides deep insights into the fundamental nature of reality, advancing theoretical and applied physics.<\/li><li><strong>New Technologies<\/strong>: Potential to unlock revolutionary technologies and materials that defy current imagination.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Steps_taken_by_India_to_promote_Quantum_S_T\"><\/span><strong>Steps taken by India to promote Quantum S&amp;T:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>The Government of India announced a National Quantum Mission in April 2023 at a cost of Rs 6,000 crore, to be implemented from 2023 to 2031 by the Department of Science &amp; Technology (DST).<\/li><li>It will have four verticals: quantum computing, quantum communication, quantum sensing and metrology, and quantum materials and devices.<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXfva8okSpCr1QE-lDFTypOaXF_-rN2rkB_ygh-erON_R-MNgRDBIMu8mjUCuRsqT3Dn0W9mOAnqlKUZUn5jqZmjQLdGWUNPoXp6YYrOrFS-9miIffT4yxIFCT5nhOtRY6leh-xHhYKT6288qBld2oTJYlalqvWVwGHZ7Y5K0OjdaQBRc3VZfw?key=6DCdRNEH9pZ1wcv_S7ygGQ\" alt=\"Quantum Technology \" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption>Quantum Technology <\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Process_by_which_the_United_Nations_declares_an_international_year\"><\/span><strong>Process by which the United Nations declares an international year:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Proposal_Submission\"><\/span><strong>Proposal Submission:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>A member state, group of member states, or a UN agency initiates the process by submitting a proposal for an international year.<\/li><li>This proposal is typically submitted through a relevant UN agency and includes details on the theme, objectives, and relevance of the proposed international year.<\/li><li>For example, India proposed the International Year of Millets for 2023 through the Food and Agriculture Organization (FAO).<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Review_and_Endorsement\"><\/span><strong>Review and Endorsement:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>The proposal undergoes review by relevant UN bodies such as the Economic and Social Council (ECOSOC) or other specialised agencies.<\/li><li>Review assesses the feasibility, potential impact, and alignment with UN goals and priorities.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Consultation_and_Support\"><\/span><strong>Consultation and Support:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>The proposal is subject to consultation with other member states, relevant UN agencies, and stakeholders to garner support and refine the proposal.<\/li><li>Broad consensus and support from member states are crucial for advancing the proposal.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Drafting_a_Resolution\"><\/span><strong>Drafting a Resolution:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>Once sufficient support is gathered, a draft resolution is prepared.<\/li><li>This resolution outlines the rationale, objectives, and planned activities associated with the international year.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Adoption_by_the_General_Assembly\"><\/span><strong>Adoption by the General Assembly:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>The draft resolution is presented to the UN General Assembly for consideration.<\/li><li>The General Assembly debates the proposal and, if there is broad support, adopts the resolution declaring the international year.<\/li><li>The resolution requires a majority vote in the General Assembly plenary session for adoption, typically a simple majority.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Monitoring_and_Reporting\"><\/span><strong>Monitoring and Reporting:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>Throughout the international year, the UN monitors the progress of activities and initiatives.<\/li><li>At the conclusion of the year, a report is prepared to evaluate outcomes and assess the impact of the international year&#8217;s initiatives and event<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2025_be_International_Year_of_Quantum_Science_and_Tech\"><\/span><strong>2025 be International Year of Quantum Science and Tech:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>In May 2023, Mexico spearheaded a resolution for the International Year of Quantum Science and Technology, garnering support from numerous countries.<\/li><li>By November 2023, nearly 60 countries had co-sponsored the resolution, which was formally adopted during the UNESCO General Conference.<\/li><li>In May 2024, Ghana presented a draft resolution to the UN General Assembly seeking official proclamation, supported by over 70 countries.<\/li><li>On June 7, 2024, the UN General Assembly formally declared 2025 as the International Year of Quantum Science and Technology.<\/li><li>2025 marks the 100th anniversary of German physicist Werner Heisenberg&#8217;s seminal paper that redefined classical mechanics to incorporate quantum principles, setting the stage for quantum mechanics.<\/li><li>Heisenberg was awarded the Nobel Prize in Physics around the same time he formulated the renowned uncertainty principle<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"pcrstb-wrap\"><table><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>UPSC Civil Services Examination PYQ<\/strong><br><br><strong>Prelims:<\/strong><br><strong>Q:1 Which one of the following is the context in which the term \u201cQubit\u201d is mentioned?(2022)<\/strong><br>1. Cloud Services<br>2. Quantum Computing<br>3. Visible Light Communication Technologies<br>4. Wireless Communication Technologies<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/www.thehindu.com\/sci-tech\/science\/2025-to-be-international-year-of-quantum-science-and-tech-un-says\/article68276977.ece\"><strong>TH<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Lipulekh_Pass\"><\/span><strong>Lipulekh Pass<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: GS-1 , Physical Geography- Important Pass- Mapping<\/strong><\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news-4\"><\/span><strong>Why in the news?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Recently, Indian traders are advocating for the reopening of border trade with China through Lipulekh Pass, which was closed during the Covid-19 pandemic.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXc3yvBKObWO8_GH-Iiic72GnANv1Q1_vPHRPketMa7nLhJuEo47i4wzojVKkPf4Gs5eSWcz_egQWAJIJfoj8w54CF-wd-h6QTgcwSzX7vAlIjl8mJAgdgOpAdwzUEvxHJxoEAb_1eMzn09m8Tj-MCz6cPr58049d2OLY9AfIgMybuQWIkcBFQ?key=6DCdRNEH9pZ1wcv_S7ygGQ\" alt=\"Lipulekh Pass\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Lipulekh Pass<\/strong><\/figcaption><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Lipulekh_Pass\"><\/span><strong>About Lipulekh Pass:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Location: <\/strong>Located in the Kumaon region of Uttarakhand, India, Lipulekh Pass is situated near the tri-junction of India, China, and Nepal.&nbsp;<\/li><li><strong>Pilgrimage Route:<\/strong> Lipulekh Pass serves as a crucial route for pilgrims travelling to Kailash Mansarovar in Tibet, facilitating religious and cultural exchanges.<\/li><li><strong>Strategic Importance:<\/strong> It is one of the vital points connecting India and Tibet, alongside other passes like Nathu La and Shipki La.<\/li><li><strong>Territorial Dispute: <\/strong>Nepal asserts territorial claims over the pass, contending that it lies within Nepalese territory. Conversely, India maintains that Lipulekh Pass is part of the Indian state of Uttarakhand.<\/li><li><strong>Infrastructure Development<\/strong>: In 2020, India inaugurated a new road connecting Dharchula in Uttarakhand to Lipulekh Pass, aimed at enhancing connectivity and facilitating smoother passage for pilgrims and traders.<\/li><\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/economictimes.indiatimes.com\/news\/economy\/foreign-trade\/indian-traders-demand-resumption-of-border-trade-with-china-through-lipulekh-pass\/articleshow\/110871541.cms?from=mdr\"><strong>ET<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"SpaceXs_Starship_Mega_Rocket\"><\/span><strong>SpaceX\u2019s Starship Mega Rocket<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: GS-3 , Science &amp; Technology \u2014 Space technology- Space institutes \u2014 Innovation\u00a0<\/strong><\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news-5\"><\/span><strong>Why in the news?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Recently, SpaceX&#8217;s Starship rocket has achieved its first fully successful test flight, marking a significant milestone in SpaceX&#8217;s quest to develop a fully reusable rocket system.<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXfcPFMmlGhxhXQimLVo-E4RKG6gFh-KjeuJx1rZwGsuC4Uwd0d43EkcG5d0XcTYhbduocLnJx7Meu4gbU09TIT_w4ZgFPC-29v5ehHQjVlBxftB7k5ip172B0-FfgQadjxM8IX7GNBOjdTfetE-VrI2FERfauXcWZXdU4c1blfJ7IfAA0ZfPBU?key=6DCdRNEH9pZ1wcv_S7ygGQ\" alt=\"Starship\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Starship<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Starship\"><\/span><strong>What is Starship?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Starship is an advanced two-stage heavy lift-off vehicle intended for transporting crew and cargo to Earth orbit, the Moon, Mars, and beyond.&nbsp; It towers at nearly 120 metres in height, surpassing the Saturn V rocket.&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Components\"><\/span><strong>Components:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Super_Heavy_Booster\"><\/span><strong>Super Heavy Booster:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>Equipped with 33 Raptor engines that produce 74 meganewtons of thrust, compared to NASA\u2019s Space Launch System&#8217;s (SLS) 39 meganewtons and Saturn V&#8217;s 35 meganewtons.<\/li><li>Uses a 3.6:1 ratio of liquid oxygen and liquid methane.<\/li><li>Fully reusable, designed to re-enter Earth\u2019s atmosphere and land at the launch site.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Starship_Spacecraft\"><\/span><strong>Starship Spacecraft:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>Consists of six Raptor engines and four landing fins.<\/li><li>Fully reusable, capable of re-entering Earth\u2019s atmosphere after completing its mission.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Benefits_of_Starship\"><\/span><strong>Benefits of Starship:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Cost Efficiency: <\/strong>For instance, Starship could deliver 100 tonnes to Mars for approximately $50 million, significantly lower than previous missions.<\/li><li><strong>Heavy Lift Capabilities: <\/strong>Capable of transporting up to 150 tonnes to low Earth orbit and a minimum of 100 tonnes to the Moon and Mars.<\/li><li><strong>Key Role in Artemis:<\/strong> Integral to NASA\u2019s Artemis program, which aims to return astronauts to the Moon by 2030 and pursue missions to Mars thereafter.<\/li><li><strong>Support for Larger Payloads<\/strong>: Enables the launch of larger space telescopes, heavier scientific instruments, and equipment like drilling rigs for Moon and Mars missions.<\/li><li><strong>Exploration Potentia<\/strong>l: Scientists can deploy larger and more sophisticated instruments, such as drilling rigs, to explore the Moon and Mars in unprecedented detail, advancing our understanding of these celestial bodies.<\/li><li><strong>Sample Return Missions:<\/strong> Starship\u2019s capability to return to Earth enables the retrieval of valuable samples from other planets. This capability is crucial for scientific research, allowing scientists to analyse extraterrestrial materials in laboratories on Earth.<\/li><li><strong>In-Orbit Refuelling:<\/strong> This feature allows Starship to refuel in space, akin to how planes refuel mid-flight. It promises significant cost reduction by minimising downtime between missions and maximising operational efficiency.<\/li><li><strong>Fully Reusable Design<\/strong>: Unlike traditional rockets that require costly hardware replacement after each launch, Starship\u2019s components are designed for reuse. This approach reduces mission costs substantially over time.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Challenges_with_Starship\"><\/span><strong>Challenges with Starship:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Proving Viability:<\/strong> SpaceX faces the challenge of demonstrating Starship\u2019s safety and reliability while maintaining cost-effectiveness. Historically, reusable spaceflight programs, like NASA\u2019s Space Shuttle, have struggled with balancing these factors.<\/li><li><strong>Slow Progress<\/strong>: Despite rapid technological advancements, Starship&#8217;s development has been slower than initially expected. This slower pace has also resulted in significant costs for SpaceX.<\/li><li><strong>Workplace Safety Concerns: <\/strong>A 2023 Reuters investigation raised concerns about workplace injuries and safety issues at SpaceX. These concerns were attributed to the aggressive development schedule and the pressures associated with meeting ambitious timelines.<\/li><\/ul>\n\n\n\n<p><strong>&nbsp;Source:<\/strong><strong> <\/strong><a href=\"https:\/\/indianexpress.com\/article\/explained\/explained-sci-tech\/spacex-starship-9385186\/\"><strong>IE<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Cascadia_Subduction_Zone\"><\/span><strong>Cascadia Subduction Zone<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: GS-1, World Geography -PG \u2013 Geomorphology\u2013 Subduction Zone<\/strong><\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news-6\"><\/span><strong>Why in the news?&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>A recent study warns that major US cities are at risk of catastrophic quakes due to the Cascadia Subduction Zone.<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXcFjU9IfXWVgLedr6_IUfR4bN-sVBqGFNJ0MBpZ5-mWIwTAK22J9PKP_fP02yU4TXIvUsj99elqrLs1pMrsT4tWDOH-_sFg2bO3Rr2uv45zZkFzZL6h3HIPIChyWpwpbnX8ALCH59cg2H2XglMJKzeF4hNX8xunvSEEnGrgwRYGi6vLAmRPxQ?key=6DCdRNEH9pZ1wcv_S7ygGQ\" alt=\"Cascadia Subduction Zone\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Cascadia Subduction Zone<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Cascadia_Subduction_Zone_CSZ\"><\/span><strong>Cascadia Subduction Zone (CSZ):<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Location and Extent:<\/strong> The CSZ is a 960 km fault located off the Pacific coast, stretching from northern Vancouver Island in Canada to Northern California in the United States.<\/li><li><strong>Seismic Potential: <\/strong>It is capable of producing 9.0+ magnitude earthquakes and tsunamis that can reach heights of up to 30 metres.<\/li><li><strong>Tectonic Activity: <\/strong>This zone is a long, sloping subduction area where the smaller oceanic plates\u2014Explorer, Juan de Fuca, and Gorda\u2014move eastward and subduct beneath the larger continental North American Plate.<\/li><li><strong>Geological Processes:<\/strong> The region is shaped by various tectonic activities such as accretion, subduction, deep earthquakes, and active volcanism in the Cascade Range.<\/li><li><strong>Notable Eruptions<\/strong>: Significant volcanic eruptions influenced by the CSZ include:<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Mount Mazama approximately 7,500 years ago.<\/li><li>Mount Meager massif around 2,350 years ago.<\/li><li>Mount St. Helens in 1980<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXcWnFWu9MaJgURgOxlvNR1yes7kV6gm894YTfTMX4AiF6M8PfY8hMQEQoYygayOQzU6BBkJVjNI-kPwCFHWW1d4P9XnwOQ1qYNbZx1tGmNzekbDLcpAec4Dvs0g3v_WXAViuVrCTD9LO3SI30dlJ-i9Tf_gxMsy67pEjNrrIyZx4ZuVvgfZRPg?key=6DCdRNEH9pZ1wcv_S7ygGQ\" alt=\"Cascadia Subduction Zone\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Cascadia Subduction Zone<\/strong><\/figcaption><\/figure><\/div>\n\n\n<ul class=\"wp-block-list\"><li>(Left) A schematic cross section of the Cascadia Subduction Zone shows the ocean floor plate (light grey) moving under the North American continental plate.<\/li><li>The fault zone is not a continuous structure but is divided into at least four segments and is divided by buried features, including big faults.<\/li><li><strong>Causes of the segmentation<\/strong>: Differing composition of rocks at the rigid edge of the overriding North American continental plate as they are formed at different times, with some being denser than others.<\/li><li>This causes the incoming, more pliable oceanic plate to bend and twist to accommodate differences in overlying pressure.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"pcrstb-wrap\"><table><tbody><tr><td>Megathrust fault is a place where tectonic plates move against each other in a highly destructive manner. Such a fault off Japan caused the 2011 Fukushima nuclear disaster.Megathrust earthquakes are the most powerful on Earth, and they arise from subduction zones.<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><strong>Source: \u00a0(<\/strong><a href=\"https:\/\/www.ndtv.com\/science\/major-us-cities-at-risk-of-catastrophic-quake-warns-study-5865985\"><strong>NDTV<\/strong><\/a><strong>)<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"has-text-align-left wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_are_daily_current_affairs\"><\/span>Q: What are daily current affairs? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: Daily current affairs refer to the most recent and relevant events, developments, and news stories that are happening around the world on a day-to-day basis. These can encompass a wide range of topics, including politics, economics, science, technology, sports, and more.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Why_is_it_important_to_stay_updated_with_daily_current_affairs\"><\/span>Q: Why is it important to stay updated with daily current affairs? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: Staying updated with daily current affairs is crucial because it helps individuals make informed decisions in their personal and professional lives. It enables people to understand the world around them, stay aware of significant events, and engage in informed discussions about important issues.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Where_can_I_access_daily_current_affairs_information\"><\/span>Q: Where can I access daily current affairs information? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: There are various sources for daily current affairs, including newspapers, news websites, television news broadcasts, radio programs, and dedicated apps or newsletters. Social media platforms are also widely used to share and access current affairs information.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_How_can_I_effectively_incorporate_daily_current_affairs_into_my_routine\"><\/span>Q: How can I effectively incorporate daily current affairs into my routine? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: To incorporate daily current affairs into your routine, consider setting aside specific times each day to read or watch news updates. You can also subscribe to newsletters or follow news apps to receive curated content. Engaging in discussions with peers or participating in online forums can further enhance your understanding of current events.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_are_some_tips_for_critical_analysis_of_daily_current_affairs\"><\/span>Q: What are some tips for critical analysis of daily current affairs? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: When analyzing daily current affairs, it&#8217;s essential to cross-reference information from multiple sources to ensure accuracy. Additionally, consider the source&#8217;s credibility and bias, if any. Develop the ability to identify the main points and implications of news stories, and critically evaluate the significance and impact of the events reported.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/edukemy.com\/upsc\/upsc-essay?utm_source=Blog&amp;utm_medium=Banner&amp;utm_campaign=Essay\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/UPSC-Essay-Course-1280\u00d7300-1-3.svg\" alt=\"\" class=\"wp-image-42688 lazyload\" width=\"781\" height=\"182\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 781px; --smush-placeholder-aspect-ratio: 781\/182;\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"In_case_you_still_have_your_doubts_contact_us_on_91-9773890604\"><\/span><strong>In case you still have your doubts, contact us on +91-9773890604.<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>For UPSC Prelims Resources,&nbsp;<a href=\"https:\/\/edukemy.com\/upsc-cse-prelims-resource-centre\" target=\"_blank\" rel=\"noreferrer noopener\">Click here<\/a><\/p>\n\n\n\n<p>For Daily Updates and Study Material:<\/p>\n\n\n\n<p>Join our Telegram Channel &#8211;&nbsp;<a href=\"https:\/\/t.me\/WithEdukemy4IAS\" target=\"_blank\" rel=\"noreferrer noopener\">Edukemy for IAS<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>1. Learn through Videos &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3vOD8sU\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>2. Be Exam Ready by Practicing Daily MCQs &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3Q9z2nF\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>3. Daily Newsletter &#8211; Get all your Current Affairs Covered &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3bE2y5J\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>4. Mains Answer Writing Practice &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3mZuVxl\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Visit_our_YouTube_Channel_%E2%80%93_here\"><\/span>Visit our YouTube Channel &#8211;&nbsp;<a href=\"https:\/\/www.youtube.com\/@EduKemyforIAS\">here<\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>In today&#8217;s daily current affairs briefing for UPSC aspirants, we explore the latest developments that hold relevance for the upcoming civil services examination<\/p>\n","protected":false},"author":21,"featured_media":42447,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[265],"tags":[160,161,232,140],"class_list":["post-42445","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs","tag-daily-current-affairs","tag-daily-current-affairs-upsc","tag-upsc","tag-upsc_preparation_strategy"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/42445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/comments?post=42445"}],"version-history":[{"count":1,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/42445\/revisions"}],"predecessor-version":[{"id":42452,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/42445\/revisions\/42452"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media\/42447"}],"wp:attachment":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media?parent=42445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/categories?post=42445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/tags?post=42445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}