{"id":42462,"date":"2024-06-14T09:24:22","date_gmt":"2024-06-14T09:24:22","guid":{"rendered":"https:\/\/edukemy.com\/blog\/?p=42462"},"modified":"2024-06-14T09:24:24","modified_gmt":"2024-06-14T09:24:24","slug":"upsc-daily-current-affairs-14th-june-2024","status":"publish","type":"post","link":"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/","title":{"rendered":"UPSC Daily Current Affairs &#8211; 14th 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-69d51fc8d8b76\" 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-69d51fc8d8b76\"  \/><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-14th-june-2024\/#Governments_Tax_Devolution_to_States\" title=\"Government\u2019s Tax Devolution to States\">Government\u2019s Tax Devolution to States<\/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-14th-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-14th-june-2024\/#About\" title=\"About:&nbsp;\">About:&nbsp;<\/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-14th-june-2024\/#What_is_the_tax_devolution\" title=\"What is the tax devolution?\">What is the tax devolution?<\/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-14th-june-2024\/#The_basis_for_allocation_by_recommendations_of_15th_Finance_Commission\" title=\"The basis for allocation by recommendations of 15th Finance Commission:\">The basis for allocation by recommendations of 15th Finance Commission:<\/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-14th-june-2024\/#Criticism_and_Issues\" title=\"Criticism and Issues:\">Criticism and Issues:<\/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-14th-june-2024\/#Suggestions_and_Way_Ahead\" title=\"Suggestions and Way Ahead:\">Suggestions and Way Ahead:<\/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-14th-june-2024\/#Eco-Sensitive_Zones_in_Western_Ghats\" title=\"Eco-Sensitive Zones&nbsp; in Western Ghats\">Eco-Sensitive Zones&nbsp; in Western Ghats<\/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-14th-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-14th-june-2024\/#About_Eco-Sensitive_Zones\" title=\"About Eco-Sensitive Zones:\">About Eco-Sensitive Zones:<\/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-14th-june-2024\/#Purpose_of_Eco-Sensitive_Zones_ESZs\" title=\"Purpose of Eco-Sensitive Zones (ESZs):\">Purpose of Eco-Sensitive Zones (ESZs):<\/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-14th-june-2024\/#Why_Western_Ghats_is_Important\" title=\"Why Western Ghats is Important:\">Why Western Ghats is Important:<\/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-14th-june-2024\/#Conservation_Efforts\" title=\"Conservation Efforts:&nbsp;\">Conservation Efforts:&nbsp;<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#K_Kasturirangan_Committee_Recommendations\" title=\"K. Kasturirangan Committee Recommendations:\">K. Kasturirangan Committee Recommendations:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#Gadgil_report_recommendations\" title=\"Gadgil report recommendations:\">Gadgil report recommendations:<\/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-14th-june-2024\/#Concerns\" title=\"Concerns:\">Concerns:<\/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-14th-june-2024\/#Way_Ahead\" title=\"Way Ahead:\">Way Ahead:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#Indias_Leading_Start-up_Ecosystem_Fintechs\" title=\"India\u2019s Leading Start-up Ecosystem: Fintechs&nbsp;\">India\u2019s Leading Start-up Ecosystem: Fintechs&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-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-20\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#What_are_Fintechs\" title=\"What are Fintechs?\">What are Fintechs?<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#About-2\" title=\"About:\">About:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#Types\" title=\"Types:\">Types:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#The_State_of_Fintech_Industry_in_India\" title=\"The State of Fintech Industry in India:&nbsp;\">The State of Fintech Industry in India:&nbsp;<\/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-14th-june-2024\/#The_Government_Initiatives_Driving_the_Growth_of_FinTech\" title=\"The Government Initiatives Driving the Growth of FinTech:&nbsp;\">The Government Initiatives Driving the Growth of FinTech:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#Potential_Growth_Areas_for_the_Fintech_Sector_in_India\" title=\"Potential Growth Areas for the Fintech Sector in India:\">Potential Growth Areas for the Fintech Sector in India:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#Atomic_Clock\" title=\"Atomic Clock\">Atomic Clock<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-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-28\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#What_are_Atomic_Clocks\" title=\"What are Atomic Clocks?\">What are Atomic Clocks?<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#About-3\" title=\"About:&nbsp;\">About:&nbsp;<\/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-14th-june-2024\/#Key_Features\" title=\"Key Features:\">Key Features:<\/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-14th-june-2024\/#Working_Principle\" title=\"Working Principle:\">Working Principle:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-32\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#Optical_Atomic_Clock\" title=\"Optical Atomic Clock:\">Optical Atomic Clock:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-33\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#Applications_of_Optical_Atomic_Clocks\" title=\"Applications of Optical Atomic Clocks:\">Applications of Optical Atomic Clocks:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-34\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#Visceral_Leishmaniasis_VL\" title=\"Visceral Leishmaniasis (VL)\">Visceral Leishmaniasis (VL)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-35\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-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-36\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#About_Visceral_Leishmaniasis_VL\" title=\"About Visceral Leishmaniasis (VL):\">About Visceral Leishmaniasis (VL):<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-37\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#Initiatives_on_VL_Elimination\" title=\"Initiatives on VL Elimination:\">Initiatives on VL Elimination:<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-38\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#Global_Initiatives\" title=\"Global Initiatives:\">Global Initiatives:<\/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-14th-june-2024\/#Indian_Initiatives\" title=\"Indian Initiatives:\">Indian Initiatives:<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-40\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#Global_Gender_Gap_Index\" title=\"Global Gender Gap Index\">Global Gender Gap Index<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-41\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-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-42\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#Key_findings_in_the_report\" title=\"Key findings in the report:\">Key findings in the report:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-43\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#Gender_Gaps_in_the_Global_Labor_Market\" title=\"Gender Gaps in the Global Labor Market:\">Gender Gaps in the Global Labor Market:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-44\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#Gender_Gaps_in_Political_Leadership\" title=\"Gender Gaps in Political Leadership:\">Gender Gaps in Political Leadership:<\/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-14th-june-2024\/#How_has_India_fared\" title=\"How has India fared?\">How has India fared?<\/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-14th-june-2024\/#Gandhi_Sagar_Sanctuary\" title=\"Gandhi Sagar Sanctuary\">Gandhi Sagar Sanctuary<\/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-14th-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-48\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#Chaturbhuj_Nala_rock_shelters\" title=\"Chaturbhuj Nala rock shelters:\">Chaturbhuj Nala rock shelters:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-49\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#Global_Economic_Prospects_Report\" title=\"Global Economic Prospects Report\">Global Economic Prospects Report<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-50\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#Why_in_the_News-2\" 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-51\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#Key_Takeaways\" title=\"Key Takeaways:\">Key Takeaways:<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-52\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-june-2024\/#India\" title=\"India:&nbsp;\">India:&nbsp;<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-53\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-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-54\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-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-55\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-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-56\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-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-57\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-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-58\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-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-59\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-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-60\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-14th-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=\"Governments_Tax_Devolution_to_States\"><\/span><strong>Government\u2019s Tax Devolution to States<\/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 &#8211; 2, Polity &amp; Governance- Constitution Centre-State Relations \u2013 \u2013 Cooperative Federalism \u2013 Constitutional Bodies<\/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>Recently, the Central Government has released an instalment of&nbsp; \u20b91.39 lakh crore for tax devolution to the states.&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_4nXfBQWJgZyPL_xKzFKxQExowzdrSCnnd99MdgKK4C4xPM_lYflG2d4WlCCLAHgmsAhiea7SJi5wm6kn7h7V5fong_mSOkWen9zaQAVq1cVr_ioz0YWnlW0hJFiGZDvPn_5sclNuYJWvh1A69R5j0AZ7KUQHaLKTtmI-2WrjvR_r4qzngTcesWA?key=REllf8COcBPcOxAKMpBJ7g\" alt=\"Government\u2019s Tax Devolution to States\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Government\u2019s Tax Devolution to States<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About\"><\/span><strong>About:&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>The regular devolution amount for June 2024 includes an additional instalment, enabling State Governments to accelerate development and capital spending.&nbsp;<\/li><li>These additional funds will support State Governments in enhancing their developmental activities and infrastructure projects, thereby boosting economic growth at the state level.<\/li><li>The Interim Budget for FY25 had earmarked Rs. 12.19 trillion towards the devolution of taxes to states.&nbsp;<\/li><li>With this release, the total amount devolved for FY25 to states till 10 June stands at Rs. 2.8 trillion.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_tax_devolution\"><\/span><strong>What is the tax devolution?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Tax devolution refers to the distribution of tax revenues between the central government and state governments.&nbsp;<\/li><li>It is a constitutional mechanism designed to allocate the proceeds of certain taxes among the Union and the states in a fair and equitable manner.&nbsp;<\/li><li>Article 280(3)(a) of the Constitution of India mandates that the Finance Commission (FC) is responsible for making recommendations on the division of the net proceeds of taxes between the Union and the states.<\/li><li>Article 270 of the Constitution provides for the scheme of distribution of net tax proceeds collected by the Union government between the Centre and the States.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_basis_for_allocation_by_recommendations_of_15th_Finance_Commission\"><\/span><strong>The basis for allocation by recommendations of 15th Finance Commission:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Share of States in Central Taxes (Vertical Devolution):<\/strong><ul><li><strong>2021-26 Period: <\/strong>States&#8217; share in central taxes is set at 41%, the same as in 2020-21.<\/li><li><strong>Comparison with 2015-20: <\/strong>This is lower than the 42% recommended by the 14th Finance Commission.<\/li><li><strong>Reason for Adjustment: <\/strong>The 1% reduction accounts for the resources needed for the newly formed union territories of Jammu and Kashmir, and Ladakh.<\/li><\/ul><\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Horizontal Devolution (Allocation Between the States):<\/strong><ul><li><strong>Demographic Performance<\/strong>: 12.5% weightage.<\/li><li><strong>Income: <\/strong>45% weightage.<\/li><li><strong>Population: 1<\/strong>5% weightage.<\/li><li><strong>Area: <\/strong>15% weightage.<\/li><li><strong>Forest and Ecology<\/strong>: 10% weightage.<\/li><li><strong>Tax and Fiscal Efforts:<\/strong> 2.5% weightage.<\/li><\/ul><\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Revenue Deficit Grants to States:<\/strong><ul><li><strong>Definition: <\/strong>Revenue deficit is the gap between revenue expenditure and revenue receipts, including tax and non-tax income.<\/li><li><strong>Recommendation<\/strong>: Post-devolution revenue deficit grants totaling approximately Rs. 3 trillion over the five years ending FY26.<\/li><\/ul><\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Performance-Based Incentives and Grants to States:<\/strong><ul><li><strong>Themes:<\/strong><ul><li><strong>Social Sector:<\/strong> Focuses on health and education.<\/li><li><strong>Rural Economy: E<\/strong>mphasises agriculture and maintenance of rural roads, crucial for two-thirds of the population, 70% of the workforce, and 46% of national income.<\/li><li><strong>Governance and Administrative Reforms:<\/strong> Includes grants for judiciary, statistics, and aspirational districts and blocks.<\/li><li><strong>Power Sector: <\/strong>Implements a performance-based incentive system, offering an additional borrowing window for states, not linked to grants.<\/li><\/ul><\/li><\/ul><\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Grants to Local Governments:<\/strong><ul><li><strong>Municipal Services and Local Government Bodies:<\/strong> Includes performance-based grants for new city incubation and health grants.<\/li><li><strong>Urban Local Bodies:<\/strong><ul><li><strong>Basic Grants: <\/strong>For cities\/towns with populations under a million.<\/li><li><strong>Million-Plus Cities: <\/strong>100% performance-linked through the Million-Plus Cities Challenge Fund (MCF).<\/li><li><strong>MCF:<\/strong> Linked to performance in improving air quality and meeting benchmarks for urban drinking water supply, sanitation, and solid waste management<\/li><\/ul><\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Criticism_and_Issues\"><\/span><strong>Criticism and Issues:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Centralised Constitutional Schem<\/strong>e: Historically, India&#8217;s constitutional framework has favoured a strong central authority in legislative, administrative, and financial matters.<\/li><li><strong>Federalism Concerns<\/strong>: Despite federalism being a fundamental feature, there is a concern that states might feel disadvantaged in resource distribution.<\/li><li><strong>Political Dynamics<\/strong>: Political differences between the Union government and Opposition-ruled states exacerbate these issues, alongside genuine concerns that merit attention.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Suggestions_and_Way_Ahead\"><\/span><strong>Suggestions and Way Ahead:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Enlarge Divisible Pool: <\/strong>Include portions of cess and surcharge in the divisible pool to increase resources available for distribution.<\/li><li><strong>Rationalise Tax Structure:<\/strong> Gradually phase out various cesses and surcharges while rationalising tax slabs to simplify the tax regime.<\/li><li><strong>Efficiency Criteria in Horizontal Devolution:<\/strong> Increase the weightage given to efficiency criteria in horizontal devolution to promote effective resource utilisation.<\/li><li><strong>Incorporate GST Contributions<\/strong>: Considering GST&#8217;s role as a consumption-based destination tax, include states&#8217; relative GST contributions as a criterion in future Finance Commissions.<\/li><li><strong>Formal State Participation: <\/strong>Establish a formal mechanism, akin to the GST Council, for states&#8217; participation in the constitution and functioning of the Finance Commission.<\/li><li><strong>Consultative Approach:<\/strong> Implement these measures through inclusive discussions with all states to ensure consensus and cooperation.<\/li><li><strong>Fiscal Federalism: <\/strong>Uphold principles of fiscal federalism by ensuring adequate devolution of resources to local bodies for robust and accountable development.<\/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, Previous Year Question (PYQ)<\/strong><br><br><strong>Prelims<\/strong><br><strong>Q:1 Consider the following: (2023)<\/strong><br>1. Demographic performance<br>2. Forest and ecology<br>3. Governance reforms<br>4. Stable government<br>5. Tax and fiscal efforts<br><strong>For the horizontal tax devolution, the Fifteenth Finance Commission used how many of the above as criteria other than population area and income distance?<\/strong><br>a) Only two<br>b) Only three<br>c) Only four<br>d) All five<br><strong>Ans: (b)<\/strong><br><br><strong>Mains<\/strong><br><strong>Q:1 Discuss the recommendations of the 13th Finance Commission which have been a departure from the previous commissions for strengthening the local government finances. (2013)<\/strong><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/economictimes.indiatimes.com\/news\/economy\/finance\/modi-govt-releases-rs-1-4-lakh-crore-installment-of-tax-devolution-to-states\/articleshow\/110881809.cms?from=mdr\"><strong>ET<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Eco-Sensitive_Zones_in_Western_Ghats\"><\/span><strong>Eco-Sensitive Zones&nbsp; in Western Ghats<\/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 &#8211; 3,\u00a0 Ecology &amp; Environment\u2013 Eco-Sensitive Zones-\u00a0 Western Ghats<\/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>Karnataka, Maharashtra, and Goa, three of the six states where the Centre has proposed eco-sensitive areas (ESA) to safeguard the Western Ghats, have asked for a reduction in the size of these ESAs to allow for development activity.<\/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_4nXfZ0s0259lhBI6PzKas_6SO6Ri4Eq5tK27ah4mOqhK2HmMVw7ezqKUqWbcAA0JSocA26eZlb7QQ7oqEfus2FQmp5BnbWqMfkj8v-QTjd6r67OcgQujHZOwKTmYPRa8R-8sztEo_cesycJ78A3cc6Kgg8O6-HFmvggt-qWKMhSISRO4oLczffqo?key=REllf8COcBPcOxAKMpBJ7g\" alt=\"Eco-Sensitive Zones\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Eco-Sensitive Zones<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Eco-Sensitive_Zones\"><\/span><strong>About Eco-Sensitive Zones:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>The National Environment Policy (2006) defines Eco-Sensitive Zones (ESZs) as areas with significant environmental resources that require special conservation attention due to their landscape, wildlife, biodiversity, and historical values.&nbsp;<\/li><li>These zones are regulated by the Ministry of Environment, Forest and Climate Change (MoEFCC) under the Environment Protection Act, 1986.<\/li><li>According to the National Wildlife Action Plan (2002-2016), Eco-Sensitive Areas (ESAs) are designated within a 10 km radius around protected areas like national parks and wildlife sanctuaries.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Purpose_of_Eco-Sensitive_Zones_ESZs\"><\/span><strong>Purpose of Eco-Sensitive Zones (ESZs):<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Environmental Protection:<\/strong> ESZs protect the environment from human activities, preserving landscapes, wildlife habitats, biodiversity, and historical sites.<\/li><li><strong>Barrier and Shock Absorber<\/strong>: ESZs buffer Protected Areas (PAs) like national parks, mitigating impacts from surrounding human activities to maintain ecological balance.<\/li><li><strong>Transition Zones: <\/strong>ESZs are transitional areas between regions of varying environmental protection levels, ensuring continuous conservation efforts across landscapes.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Western_Ghats_is_Important\"><\/span><strong>Why Western Ghats is Important:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Geographical Significance: <\/strong>The Western Ghats is a mountain range that stretches parallel to the western coast of the Indian peninsula, entirely within India.<\/li><li><strong>UNESCO World Heritage Site:<\/strong> Designated as a UNESCO World Heritage Site, it is recognized as one of the eight &#8220;hottest hot-spots&#8221; of biological diversity globally.<\/li><li><strong>Ecological Diversity: <\/strong>The region hosts 39 properties, including national parks and wildlife sanctuaries, distributed across Kerala (20), Karnataka (10), Tamil Nadu (5), and Maharashtra (4).<\/li><li><strong>Rich Biodiversity:<\/strong> It boasts a remarkable diversity of species, including 7,402 species of flowering plants, 1,814 species of non-flowering plants, 139 mammal species, 508 bird species, 179 amphibian species, 6,000 insect species, and 290 freshwater fish species.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conservation_Efforts\"><\/span><strong>Conservation Efforts:&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Committees such as the Gadgil and Kasturirangan committees have been tasked over the past eight years to identify and safeguard these critical areas.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"K_Kasturirangan_Committee_Recommendations\"><\/span><strong>K. Kasturirangan Committee Recommendations:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Formation and Purpose<\/strong>:&nbsp;<ul><li>In August 2012, the Ministry of Environment and Forests (MoEF) constituted a high-level working group (HLWG) chaired by K. Kasturirangan.&nbsp;<\/li><li>The committee&#8217;s mandate was to propose a comprehensive strategy for sustainable and equitable development while prioritising the conservation of ecological systems in the Western Ghats, a global biodiversity hotspot.<\/li><\/ul><\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Reduction in ESA Coverage:<\/strong> It proposed reducing the area under Ecologically Sensitive Areas (ESAs) to 37% of the Western Ghats, down from the 64% recommended by the Gadgil report.<\/li><li><strong>Cultural and Natural Landscape Differentiation:<\/strong> The report distinguished between cultural landscapes (including human settlements, agricultural fields, and plantations) covering 58.44% of the Western Ghats, and natural landscapes.<\/li><li><strong>Mining Ban: <\/strong>It recommended a complete ban on mining, quarrying, and sand mining in 90% of the remaining natural landscape identified as ESAs.<\/li><li><strong>Pro-Farmer Recommendations:<\/strong> The committee suggested excluding inhabited regions and plantations from the ESAs, emphasising livelihood considerations.<\/li><li><strong>Methodological Criticism<\/strong>: Criticism was directed at the committee for using remote sensing and aerial survey methods for land demarcation, which inaccurately included many villages within ESA<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Gadgil_report_recommendations\"><\/span><strong>Gadgil report recommendations:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Ecologically Sensitive Area Designation<\/strong>: The entire Western Ghats hill range was classified as an Ecologically Sensitive Area (ESA).<\/li><li><strong>Classification of ESZs:<\/strong> The panel categorised the 142 taluks within the Western Ghats boundary into Ecologically Sensitive Zones (ESZ) 1, 2, and 3, each with varying levels of environmental sensitivity and regulation.<\/li><li><strong>Restrictions on Development:<\/strong><ul><li><strong>Dams<\/strong>: No new dams based on large-scale storage were recommended in ESZ 1.<\/li><li><strong>Mining:<\/strong> In Goa, an indefinite moratorium on new environmental clearances for mining was proposed in ESZ 1 and 2.<\/li><li><strong>Polluting Industries:<\/strong> No new polluting industries, including coal-based power plants, should be permitted in ESZ 1 and 2. Existing red and orange category industries were urged to transition to zero pollution by 2016.<\/li><\/ul><\/li><li><strong>Approach to Governance: <\/strong>The committee advocated for a bottom-up approach, involving local Gram Sabhas and communities in decision-making, contrasting with a top-down governance model.<\/li><li><strong>Proposed Statutory Authority<\/strong>: It recommended the establishment of a Western Ghats Ecology Authority (WGEA) empowered under the Environment (Protection) Act to oversee and enforce environmental regulations in the region.<\/li><li><strong>Criticism:<\/strong> The Gadgil Committee faced criticism for its stringent environmental recommendations, perceived as not aligned with ground realities and local economic interests, despite its environmental friendliness.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Concerns\"><\/span><strong>Concerns:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>State Opposition<\/strong>: States oppose the Kasturirangan panel report on Ecologically Sensitive Areas (ESAs) in the Western Ghats, fearing negative impacts on local livelihoods.<\/li><li><strong>Impact on Livelihoods: <\/strong>Declaring ESAs could hinder development activities crucial for economic growth, potentially affecting livelihoods of thousands.<\/li><li><strong>Relocation Issues:<\/strong> Concerns exist that ESA declaration may necessitate the relocation of villagers, disrupting their communities.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Way_Ahead\"><\/span><strong>Way Ahead:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Conservation Benefits<\/strong>: ESAs conserve fragile ecosystems, ensuring sustainable water resources, enhancing pollination for agriculture, and reducing human-animal conflicts.<\/li><li><strong>Balanced Approach: <\/strong>Addressing states&#8217; concerns while upholding ecological protection principles is crucial. A uniform approach should be adopted for effective conservation.<\/li><li><strong>Expert Committee\u2019s Role<\/strong>: Despite the deadline, the Environment Ministry&#8217;s expert committee aims to submit a report by September, proposing solutions that reconcile conservation goals with developmental needs.<\/li><\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/indianexpress.com\/article\/india\/3-states-seek-shrinking-of-eco-sensitive-areas-in-western-ghats-9389003\/#:~:text=Karnataka%2C%20Maharashtra%20and%20Goa%2C%20three,ESAs%20to%20allow%20development%20works.\"><strong>IE<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Indias_Leading_Start-up_Ecosystem_Fintechs\"><\/span><strong>India\u2019s Leading Start-up Ecosystem: Fintechs&nbsp;<\/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 Paper &#8211; 3, Capital MarketIT &amp; ComputersCyber SecurityScientific Innovations &amp; Discoveries<\/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>Fintech companies remain a top choice for entrepreneurs in the startup ecosystem, securing over 15% of total equity funding in FY24, as per Tracxn data.<\/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_4nXd0LWS892euWdp-ZRsAG5pm3HH_vevYCv4BnAyvohX00y2vY3e0-MhyTGB0UWqXj7mat8WVOnEXilt00GAT9XkdJhU6PW53CHLX43hMfw-9IXrifWo3cdOgKchPw0XaRlKSsZU7RTN1VTUfYGKnONqsVehy1VNbAUzGm9prn1iJkSpSFubRhTs?key=REllf8COcBPcOxAKMpBJ7g\" alt=\"Fintechs\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Fintechs<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_Fintechs\"><\/span><strong>What are Fintechs?<\/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-2\"><\/span><strong>About:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>Fintech, derived from &#8220;financial&#8221; and &#8220;technology,&#8221; refers to businesses leveraging technology to enhance or automate financial services and processes.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Types\"><\/span><strong>Types:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Digital Payments: <\/strong>Provide solutions like mobile wallets, online payment gateways, and peer-to-peer (P2P) payments. Examples: PhonePe, Paytm.<\/li><li><strong>Alternative Lending: <\/strong>Also known as marketplace or Peer-to-Peer (P2P) lending, connecting borrowers bypassed by traditional lenders with investors seeking high-yield investments. Examples: Lending Club, Prosper, PayPal Working Capital, GoFundMe.<\/li><li><strong>Insurance: O<\/strong>ffer digital insurance solutions such as health, life, and car insurance. Examples: Digit Insurance, Policybazaar.<\/li><li><strong>InvestmentTech: P<\/strong>rovide digital investment services like stock trading, mutual funds, and cryptocurrency trading. Examples: Zerodha, Groww.<\/li><li><strong>Other Types Include:<\/strong><ul><li><strong>Crop loan risk management (e.g., Satsure)<\/strong><\/li><li><strong>Online fraud detection (e.g., Tutelar)<\/strong><\/li><li><strong>Debt management (e.g., Debt Nirvana)<\/strong><\/li><li><strong>Banking-as-a-Service Platform (e.g., FidPay<\/strong><\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_State_of_Fintech_Industry_in_India\"><\/span><strong>The State of Fintech Industry in India:&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Global Leadership:<\/strong> India ranks third globally in fintech, following the US and UK, with a combined valuation exceeding USD 155 billion.<\/li><li><strong>Soonicorn Presence<\/strong>: Nearly a third of the soonicorn universe comprises fintech companies.<\/li><li><strong>Market Size Projection: <\/strong>The fintech industry in India is expected to reach USD 150 billion by 2025, as per Startup India initiative.<\/li><li><strong>High Adoption Rate: <\/strong>Fintech companies in India boast an 87% adoption rate among diverse user bases, surpassing the global average of 64% (Economic Survey 2022-23).<\/li><li><strong>Driving Digital Payments: <\/strong>Indian fintechs dominate digital payment transactions, accounting for 70% of the market, marking a significant increase from FY19 to FY22.<\/li><li><strong>Financial Inclusion: <\/strong>Over 10 million individuals and small businesses have gained access to savings accounts, insurance, investments, and credit through mobile-based fintech services.<\/li><li><strong>Democratising Lending<\/strong>: Peer-to-peer lending platforms democratise access to funds for individuals and small businesses, reducing dependency on traditional financial institutions.<\/li><li><strong>Rise in Public Investment:<\/strong> Investment platforms and robo-advisors are enhancing accessibility to stocks, mutual funds, and other financial instruments, encouraging public investment.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Government_Initiatives_Driving_the_Growth_of_FinTech\"><\/span><strong>The Government Initiatives Driving the Growth of FinTech:&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Digital Identity Infrastructure (JAM Trinity) :<\/strong><ul><li><strong>Jan Dhan Yojana (PMJDY)<\/strong>: World&#8217;s largest financial inclusion program with over 450 million beneficiaries, enabling FinTechs to offer financial products like remittances, credit, insurance, and pensions directly through these accounts.<\/li><li><strong>Aadhaar<\/strong>: Facilitated bank account openings for over 570 million previously unbanked adults in India, enhancing financial access.<\/li><li><strong>Aadhaar Enabled Payment System (AePS)<\/strong>: Allows Aadhaar holders to conduct financial transactions using biometric authentication.<\/li><li><strong>Unified Payments Interface (UPI)<\/strong>: Transaction volume surged 49% year-on-year, with the number of integrated banks increasing from 414 to 581, driving overall transaction growth.<\/li><\/ul><\/li><li><strong>Regulatory Support and Innovation:<\/strong><ul><li><strong>P2P Lending Recognition:<\/strong> RBI recognition of P2P lending platforms as NBFCs in 2017 expanded credit access for individuals and small businesses.<\/li><li><strong>Regulatory Sandbox (RS) and Fintech Repository:<\/strong> RS facilitates live testing of products before mass launch, while the Fintech Repository promotes transparency and regulatory compliance.<\/li><li><strong>Self-Regulatory Organizations (SRO) Framework:<\/strong> Introduced by RBI in 2023, SROs promote responsible growth, enforce industry codes of conduct, and ensure consumer protection within the FinTech sector.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Potential_Growth_Areas_for_the_Fintech_Sector_in_India\"><\/span><strong>Potential Growth Areas for the Fintech Sector in India:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>SME Lending:<\/strong> Fintech solutions using alternative data and AI-driven credit scoring to improve access to credit for SMEs, overcoming traditional barriers.<\/li><li><strong>Supply Chain Financing:<\/strong> Blockchain-based fintech solutions streamline payments, enhance transparency, and optimise working capital management in supply chains.<\/li><li><strong>Agritech: <\/strong>Innovations in crop loan risk management, micro-insurance, and digital marketplaces for agricultural products support rural communities and empower farmers.<\/li><li><strong>Regulatory Landscape and Stability:<\/strong>&nbsp;<ul><li>RBI&#8217;s framework addressing &#8220;user harm&#8221; in fintech fosters long-term stability, despite potential short-term cautiousness.&nbsp;<\/li><li>Clear regulations promote consumer protection, build trust, and attract sustainable investment in the sector.<\/li><\/ul><\/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 Previous Year Question (PYQ)<\/strong><br><br><strong>Prelims<\/strong><br><strong>Q:1 With reference to \u201cBlockchain Technology\u201d, consider the following statements: (2020)<\/strong><br>1. It is a public ledger that everyone can inspect, but which no single user controls.<br>2. The structure and design of the blockchain is such that all the data in it is about cryptocurrency only.<br>3. Applications that depend on basic features of blockchain can be developed without anybody\u2019s permission.<br><strong>Which of the statements given above is\/are correct?<\/strong><br>a) 1 only<br>b) 1 and 2 only<br>c) 2 only<br>d) 1 and 3 only<br><strong>Ans: (d)<\/strong><br><br><strong>Q:2 With reference to India, consider the following: (2010)<\/strong><br>1. Nationalisation of Banks<br>2. Formation of Regional Rural Banks<br>3. Adoption of village by Bank Branches<br>Which of the above can be considered as steps taken to achieve the \u201cfinancial inclusion\u201d in India?<br>a) 1 and 2 only<br>b) 2 and 3 only<br>c) 3 only<br>d) 1, 2 and 3<br><strong>Ans: (d)<\/strong><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/www.thehindubusinessline.com\/companies\/fintechs-still-attract-entrepreneurs-in-the-start-up-universe\/article68273895.ece#:~:text=Despite%20decreased%20fund%20flows%2C%20tightened,different%20segments%20in%20the%20sector.\"><strong>TH<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Atomic_Clock\"><\/span><strong>Atomic Clock<\/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 &#8211; 3 , Science &amp; Technology- Indigenization of Technology \u2014 Achievements of Indians in Science &amp; Technology<\/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>In a recent study published in the scientific journal Nature, researchers introduced a new type of portable iodine optical atomic clock designed for use on ships.&nbsp;<\/li><li>While not as precise as laboratory-grade optical atomic clocks, this new clock offers increased portability and durability.&nbsp;<\/li><li>It has an accuracy that allows it to gain or lose a second only once every 9.1 million years.<\/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_4nXeFuKYr0tSXJe9ZtkqSrM4KotC6c9TkiiC2deD0TieCxTLZGGC_Agg6W4Fkr8TeEcPAS9zrpdJfmPis4cueay2hv3Pfy4rOH1XXpRrAubTnylM_sLWvCjyZbWeUL5kUX0od9qv8fHWFGLzU1c4bjIFLRWumni16cq1efH9gffeoNSLLtWNw-r0?key=REllf8COcBPcOxAKMpBJ7g\" alt=\"Atomic Clock\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Atomic Clock<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_Atomic_Clocks\"><\/span><strong>What are Atomic Clocks?<\/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-3\"><\/span><strong>About:&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>Atomic clocks are advanced timekeeping devices that rely on the natural vibrations of atoms to measure time with unparalleled precision.&nbsp;<\/li><li>Developed by Louise Essen in 1955, India currently operates atomic clocks in Ahmedabad and Faridabad.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Features\"><\/span><strong>Key Features:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>Atomic clocks are significantly more accurate than traditional clocks due to the high frequency and stability of atomic oscillations.<\/li><li>Traditional atomic clocks can maintain accuracy to within one second over 300 million years, while optical atomic clocks extend this precision to 300 billion years.<\/li><li>A caesium atomic clock, for instance, gains or loses a second approximately every 1.4 million years.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Working_Principle\"><\/span><strong>Working Principle:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>Caesium (Cs) atomic clocks operate by exposing Cs atoms to microwave radiation in a resonant cavity.<\/li><li>The frequency of the microwave radiation matches the energy transition frequency of Cs atoms (9,192,631,770 Hz).<\/li><li>When Cs atoms absorb this radiation, they move to a higher energy state, marking one second when they complete 9,192,631,770 oscillations.<\/li><li>Precise time measurement is ensured by detecting any frequency deviations and adjusting the microwave radiation accordingly to maintain resonance.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXfPOLtkwgt8_e7A84XHProSaGoQVw47s4dmU4JH8AtmJ7VlbDtHaWn3QyrPIG2ur0OHUWaV8Owqgs3gWK3Z6SGYrzPrtMiAhwt9gJHT7j02tKDm2HUp7qWqWCf6YMjE8IUrUmHHY0PABaT-PrCb13ASjV5f93rvIuV4AGJZ89CmSfeWZ1Lg4sE?key=REllf8COcBPcOxAKMpBJ7g\" alt=\"Atomic Clock\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Atomic Clock<\/strong><\/figcaption><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Optical_Atomic_Clock\"><\/span><strong>Optical Atomic Clock:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Optical atomic clocks surpass the accuracy of standard atomic clocks.&nbsp;<\/li><li>They utilise lasers to induce atomic transitions, generating coherent light with uniform frequency and stable wavelengths.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXdSut8WGPN6Xtv5Jp4jgrXqHZf_7px7ocIOkPD0a1rp28hptH83NaU4fUkac_ls2jP9EOO2nDDybiOUYKJZK9Rqfas8U0qZI32Ygx9gOnnVN_iEZNJfKopF-FsWUQXTX7SB0Au4YA48CQLYUO8w85H1iEd0VDCYAuUcyu-BVm3dfvvxjmzz6Ko?key=REllf8COcBPcOxAKMpBJ7g\" alt=\"Optical Atomic Clock\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Optical Atomic Clock<\/strong><\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Comparison with Atomic Clocks:<\/strong><ul><li><strong>Higher Operating Frequency:&nbsp;<\/strong><ul><li>Optical atomic clocks operate at higher frequencies than traditional atomic clocks, allowing them to complete more oscillations per unit of time.&nbsp;<\/li><li>This capability enables them to measure smaller increments of time with greater accuracy.<\/li><\/ul><\/li><li><strong>Narrower Linewidth:&nbsp;<\/strong><ul><li>Optical atomic clocks have much narrower linewidths, which refers to the range of frequencies over which the atomic transition occurs.&nbsp;<\/li><li>This narrow linewidth makes it easier to precisely match the frequency of the optical light used to stimulate atomic transitions.&nbsp;<\/li><li><\/li><\/ul><\/li><\/ul><\/li><li><strong>Technology and Element Used:<\/strong>&nbsp;<ul><li>The element strontium (Sr) is commonly employed in optical atomic clocks due to its stable optical transitions and exceptionally narrow linewidths, contributing to their enhanced accuracy.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Applications_of_Optical_Atomic_Clocks\"><\/span><strong>Applications of Optical Atomic Clocks:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Self-Reliance and National Security:<\/strong><ul><li>Developing domestic optical atomic clocks reduces dependence on foreign technology, enhancing national security.&nbsp;<\/li><li>This is crucial for ensuring the reliability of critical infrastructure such as NavIC (Indian GPS) during conflicts.<\/li><\/ul><\/li><li><strong>Enhanced Accuracy and Reliability<\/strong>:<ul><li>Optical atomic clocks offer unparalleled precision, making them ideal for synchronising all digital devices with Indian Standard Time (IST).&nbsp;<\/li><li>This ensures a unified and highly accurate time reference across the nation.<\/li><\/ul><\/li><li><strong>Telecommunications:<\/strong><ul><li>Precise timing provided by optical atomic clocks minimises errors in communication networks, facilitating seamless data transfer and enhancing overall network performance.<\/li><\/ul><\/li><li><strong>Financial Systems:<\/strong><ul><li>Optical atomic clocks provide accurate timestamps for financial transactions, crucial for mitigating fraud risks, especially in high-frequency trading environments.<\/li><\/ul><\/li><li><strong>Cybersecurity:<\/strong><ul><li>Reliable timestamps from optical atomic clocks bolster India&#8217;s cybersecurity framework by ensuring the accuracy and integrity of transaction records, thereby enhancing fraud prevention and data security measures.<\/li><\/ul><\/li><li><strong>Critical Infrastructure and Power Grids:<\/strong><ul><li>Optical atomic clocks play a pivotal role in synchronising critical infrastructure, including power grids, transportation systems, and emergency services.&nbsp;<\/li><li>This synchronisation improves operational efficiency, reliability, and response times during emergency<\/li><\/ul><\/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, Previous Year Question (PYQ)<\/strong><br><br><strong>Prelims:<\/strong><br><strong>Q.1 Which one of the following countries has its own Satellite Navigation System? (2023)<\/strong><br>a) Australia<br>b) Canada<br>c) Israel<br>d) Japan<br><strong>Ans: d<\/strong><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.thehindu.com\/sci-tech\/science\/portable-iodine-atomic-clock-offers-accurate-timekeeping-at-sea\/article68276830.ece\"><strong>Source: TH<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Visceral_Leishmaniasis_VL\"><\/span><strong>Visceral Leishmaniasis (VL)<\/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 &#8211; 3, Science &amp; Technology-\u00a0 Health- Disease<\/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, the World Health Organization (WHO) launched a framework to eradicate visceral leishmaniasis (VL) in eastern Africa.<\/li><li>In 2022, eastern Africa accounted for 73% of global VL caseload, 50% of which occurred in children aged under 15 years.&nbsp;&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_4nXexwF3TCxkKhWKagcZWQo8yqi-Z4P80GasQ71_FnVQ_u_SveJ1Ixr7vS1_HqVN38mVj6bJY-_uW5Mr8qx8HFrYw-enl45cCdX2Ju7_VvYa8FMUMq0HS7uMAYjlaKxFzuiIUWGquWRy06TEIHEx51f8g65Ui4XqU_QzEvqLfuFOkcFj1M4SEdw?key=REllf8COcBPcOxAKMpBJ7g\" alt=\"Visceral Leishmaniasis\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Visceral Leishmaniasis<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Visceral_Leishmaniasis_VL\"><\/span><strong>About Visceral Leishmaniasis (VL):<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Cause:<\/strong> VL is a severe and potentially fatal disease caused by the Leishmania parasite.<\/li><li><strong>Also Known As: <\/strong>Commonly referred to as kala-azar or black fever.<\/li><li><strong>Transmission:<\/strong> Transmitted by infected female phlebotomine sandflies.<\/li><li><strong>Vulnerable Population: <\/strong>Primarily affects infants and children, though adults can also be infected.<\/li><li><strong>Symptoms:<\/strong> Fever, weight loss, and enlargement of the spleen and liver.<\/li><li><strong>Fatality Rate: U<\/strong>ntreated cases can lead to a fatality rate as high as 100% within 2 years. It is the second deadliest parasitic disease globally, after malaria.<\/li><li><strong>Endemic Areas: <\/strong>Endemic in 80 countries worldwide. In India, VL is caused exclusively by the Leishmania donovani parasite.<\/li><li><strong>Eradication Efforts: B<\/strong>angladesh achieved the first countrywide eradication of VL in 2023.<\/li><li><strong>Post Kala-azar Dermal Leishmaniasis (PKDL) <\/strong>\u2013 It is a condition when Leishmania donovani invades skin cells, resides and develops there and manifests as dermal lesions.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" data-src=\"https:\/\/lh7-us.googleusercontent.com\/docsz\/AD_4nXesLg5eXaLBv0qTGqLmo_WZ1spbRoGma2DA6tt22zWVgwXxMSamXYdb2NACr909bEC4XzyfyDI-i1FBLCR2ArFLrVEBWNsKZDoU0I0zl11Ff42RZXZ6xy7kmJASURLkRYrDdnA54sHvI8qxJZrTMDZ0QyQNyUy9rUpKgNyHhCtjMLJEmdt95bo?key=REllf8COcBPcOxAKMpBJ7g\" alt=\"Visceral Leishmaniasis\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Visceral Leishmaniasis<\/strong><\/figcaption><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Initiatives_on_VL_Elimination\"><\/span><strong>Initiatives on VL Elimination:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Global_Initiatives\"><\/span><strong>Global Initiatives:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>WHO\u2019s New Roadmap (2021\u20132030):<\/strong> Aims to prevent, control, eliminate, and eradicate neglected tropical diseases, including visceral leishmaniasis (kala-azar), by 2030.<\/li><li><strong>Global Programme to Eliminate Lymphatic Filariasis (GPELF):&nbsp;<\/strong><ul><li>Seeks to eliminate lymphatic filariasis, onchocerciasis, and kala-azar through Mass Drug Administration (MDA).&nbsp;<\/li><li>The 2020 global elimination target was missed due to COVID-19, with efforts now accelerated for achievement by 2030.<\/li><\/ul><\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Indian_Initiatives\"><\/span><strong>Indian Initiatives:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Government Efforts: <\/strong>India aims to eliminate kala-azar by 2023, implementing initiatives such as PM-AWAS Yojana for housing, rural electrification, and comprehensive healthcare including testing, treatment, and surveillance.<\/li><li>National Kala-azar Elimination Programme:&nbsp;<ul><li>Originally targeted for 2010 (revised to 2015), aligned with the National Health Policy-2002.&nbsp;<\/li><li>India collaborates with Bangladesh and Nepal under a Tripartite MoU for elimination within the South-East Asia Region (SEAR).<\/li><\/ul><\/li><li><strong>Implementation:<\/strong> Activities are managed under the National Vector Borne Disease Control Programme (NVBDCP), operating within the framework of the National Health Mission (NHM) to ensure comprehensive disease management and prevention strategies.<\/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, Previous Year Question (PYQ)<\/strong><br><br><strong>Prelims:<\/strong><br><strong>Q:1 Consider the following statements: (2017)<\/strong><br>1. In tropical regions, Zika virus disease is transmitted by the same mosquito that transmits dengue.<br>2 .Sexual transmission of Zika virus disease is possible.<br><strong>Which of the statements given above is\/are correct?<\/strong><br>a) 1 only<br>b) 2 only<br>c) Both 1 and 2<br>d) Neither 1 nor 2 <br><strong>Ans: (c)<\/strong><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><strong>Source:&nbsp; <\/strong><a href=\"https:\/\/www.downtoearth.org.in\/news\/health\/who-comes-up-with-new-framework-to-combat-kala-azar-in-eastern-africa-96648\"><strong>DTE<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Global_Gender_Gap_Index\"><\/span><strong>Global Gender Gap Index<\/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: GS2 \u2013 Vulnerable Sections\u2013\u00a0 Women<\/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>The Global Gender Gap Index is an <strong>annual<\/strong> <strong>report<\/strong> produced by the <strong>World Economic Forum<\/strong> (WEF) that measures gender-based gaps in access to resources and opportunities in countries around the world.<\/li><li><strong>India<\/strong> ranks <strong>129<\/strong> in the World Economic Forum\u2019s <strong>Global Gender Gap Index<\/strong>.<\/li><li>It is the <strong>longest-standing index<\/strong>, tracking progress towards closing these gaps over time since its <strong>inception in 2006<\/strong>.<\/li><li>It tracks the gender gap across four key parameters:<ol><li><strong>Economic participation and opportunity<\/strong>,<\/li><li><strong>Educational attainment<\/strong>,<\/li><li><strong>Health and survival<\/strong>, and<\/li><li><strong>Political empowerment<\/strong>.<\/li><\/ol><\/li><li>It ranks countries on a scale from <strong>0 to 1<\/strong>, with a <strong>score of 1<\/strong> indicating that a country has achieved <strong>complete gender equality<\/strong>, while a <strong>score of 0<\/strong> indicates a <strong>complete lack of equality<\/strong>.<\/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_4nXfIIRvayJRto6FR4S579ZjTSb9KfHia7XBKRoGzvSy5CVoWnL4WB3Higbpjv97AvrqG-1d7HnFg23orooWlGom3HDb9XgakhFtII5jB9FIbYmzniDJ9J-DUqc6DbOIONfTL0BwXc-KSseluqUIV7OaYHGbGwg4BiddeTecqszh7F1yTAadWzTo?key=REllf8COcBPcOxAKMpBJ7g\" alt=\"Global Gender Gap Index\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption>Global Gender Gap Index<\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_findings_in_the_report\"><\/span><strong>Key findings in the report:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Global Gender Gap Score:<\/strong> In 2023, the gender gap is 68.4% closed across 146 countries.<\/li><li><strong>Top Performing Countries:<\/strong> No country has achieved full gender parity, but the top nine (Iceland, Norway, Finland, New Zealand, Sweden, Germany, Nicaragua, Namibia, and Lithuania) have closed at least 80% of their gap.<\/li><li><strong>Iceland&#8217;s Leadership: <\/strong>For the 14th consecutive year, Iceland ranks first with 91.2% of its gender gap closed, the only country surpassing 90%.<\/li><li><strong>Gap Closures by Category:<\/strong><ul><li><strong>Health and Survival:<\/strong> 96% closed<\/li><li><strong>Educational Attainment:<\/strong> 95.2% closed<\/li><li><strong>Economic Participation and Opportunity:<\/strong> 60.1% closed<\/li><li><strong>Political Empowerment: <\/strong>22.1% closed<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Gender_Gaps_in_the_Global_Labor_Market\"><\/span><strong>Gender Gaps in the Global Labor Market:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Labor Force Participation: <\/strong>Between 2022 and 2023, global gender parity in labour force participation increased slightly from 63% to 64%.<\/li><li><strong>Unemployment Rates:<\/strong> Women globally face higher unemployment rates compared to men, with women at approximately 4.5% and men at 4.3%.<\/li><li><strong>Representation in Workforce and Leadership<\/strong>: Women&#8217;s representation in the workforce and leadership roles remains low at 32.2%, nearly 10 percentage points lower than men.<\/li><li><strong>STEM Occupations<\/strong>: STEM (Science, Technology, Engineering, and Mathematics) jobs are critical for future growth and well-remunerated. Despite comprising nearly half of non-STEM employment (49.3%), women make up only 29.2% of all STEM workers.<\/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_4nXcY3Uo2BUPNYd_ZWzbAEH2_ukZjEQdOVtREq3bABi1pSXOccdX6xx86XqFt9Iu3pnesr1Odcrh8RjgU5sJQJbyzIKr3JaVDE6fXM9MXbH8K1AZaf7iJ7tofoFRoQ1RDfQbeqV0IgJID4tTsJtnwB8eJpuHLzOTGWF3ayscSDNj7KnboJm_6STI?key=REllf8COcBPcOxAKMpBJ7g\" alt=\"Global Gender Gap Index\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption>Global Gender Gap Index<\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Gender_Gaps_in_Political_Leadership\"><\/span><strong>Gender Gaps in Political Leadership:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Global Trends: <\/strong>There has been an increase in women holding political decision-making roles globally, but gender parity remains distant with significant regional disparities.<\/li><li><strong>Female Heads of State:<\/strong> As of December 31, 2022, approximately 27.9% of the global population, totaling 2.12 billion people, live in countries with a female head of state.<\/li><li><strong>Women in Parliaments:<\/strong> By 2022, women&#8217;s representation in parliaments worldwide reached 22.9%, showing steady progress.<\/li><li><strong>Local Government Representation: <\/strong>Globally, strides have been made in women&#8217;s representation in local government. Out of 117 countries with data since 2017, 18 countries, including Bolivia (50.4%), India (44.4%), and France (42.3%), have achieved over 40% representation of women in local governance.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_has_India_fared\"><\/span><strong>How has India fared?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>India has <strong>closed 64<\/strong>.<strong>1% of its gender gap<\/strong> in 2024 and has declined two places from 127th last year to <strong>129th<\/strong>. It ranked the <strong>third lowest<\/strong> among the <strong>South Asian economies<\/strong>.<ul><li>Bangladesh stands at the 99th position, Nepal at 117th, Sri Lanka at 122nd, Bhutan (0.651) at 124th, and Pakistan (0.570) at the 145th position among the immediate neighbours.<\/li><\/ul><\/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_4nXeF8xZcu2EVAB2GnuwGAr0gD1L46YorzJD8AeNM5WW8kS8LjBtY43WB7SbhyQNdBdkIYz3K4nNRvetinZeOqhikW984Mrh_PXXO-mFvw7QBzjsxJFHQQMnaK2-y2PPxa8TRxOOX6dE928uLG3R10CliRVNjajUPsE4t6vEKan8UBpSdSVlxHA?key=REllf8COcBPcOxAKMpBJ7g\" alt=\"Global Gender Gap Index\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption>Global Gender Gap Index<\/figcaption><\/figure><\/div>\n\n\n<ul class=\"wp-block-list\"><li><strong>India\u2019s rank in all the four parameters:<\/strong><ul><li>Economic Participation and Opportunity \u2013 142<\/li><li>Health and Survival \u2013 142<\/li><li>Educational Attainment \u2013 112<\/li><li>Political empowerment \u2013 65<\/li><\/ul><\/li><li>In the political empowerment sub-index, it scored within <strong>the top 10 on the head-of-state indicator<\/strong> with a 40.7% score; <strong>representation at the federal level remains low<\/strong>. Women hold only <strong>6<\/strong>.<strong>9% of ministerial positions<\/strong> and <strong>17<\/strong>.<strong>2% of parliamentary seats<\/strong>.<\/li><li>India\u2019s <strong>economic parity<\/strong> stood at <strong>39<\/strong>.<strong>8 per cent<\/strong>. This means that women in India, on average, earn Rs 39.8 for every Rs 100 that men earn.<\/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>Regional Results and Time to Parity:<\/strong><br><strong>Europe: <\/strong>Overall Score: 75% gender gap closed in 2024, +6.2% since 2006. Top Performers: Iceland, Finland, Norway, Sweden, and Germany in global top 10. Disparities: Broad gaps, with Iceland leading by 29% over T\u00fcrkiye. Economic Parity: Slight increase to 67.8%. <strong>Education: <\/strong>Third-highest globally at 99.5%. Political Parity: Highest score at 36%.<strong>Northern America :<\/strong> Overall Score: 74.8% gender gap closed, +4.3% since 2006. Economic Parity: Leading but slightly declined to 76.3%. Education: 100%. Health: 96.9%. Political Empowerment: Third with 26%, progress since 2006.<strong>Latin America and the Caribbean:<\/strong> Overall Score: 74.2%, +8.3% since 2006. Economic Parity: Highest score to date at 65.7%. Education: 99.5%. Health: 97.6%. Political Empowerment: Second highest at 34%, +22.4% since 2006.<strong>Eastern Asia and the Pacific:<\/strong> Overall Score: 69.2%, +3.1% since 2006. Economic Parity: 71.7%. Education: 95.1%. Health: Last at 95%. Political Empowerment: Improved to 14.5%, third from bottom.<strong>Central Asia: <\/strong>Overall Score: 69.1%, +2.3% since 2006. Top Performers: Armenia (72.1%), Georgia (71.6%), Kazakhstan (71%). Economic Parity: 73.4%, -0.6 points from 2023. Education: Near parity at 99.6%. Political Empowerment: 12.8%, -1.6 points.<strong>Sub-Saharan Africa:<\/strong> Overall Score: 68.4%, +5.6% since 2006. Top Performer: Namibia in global top 10. Economic Parity: 68.1%. Education: Last at 88.9%. Health: 97.1%. Political Empowerment: 22.6%, notable strides in Mozambique and South Africa.<strong>Southern Asia:<\/strong> Overall Score: 63.7%, +3.9% since 2006. Economic Parity: Lowest at 38.8%. Education: 94.5%, +13.4% since 2006. Health: Stable at 95.4%. Political Empowerment: 26%, -0.7 points from 2023.<strong>Middle East and North Africa (MENA):<\/strong> Overall Score: 61.7%, +3.9% since 2006. Economic Parity: 43.1%. Education: 97.2%. Health: 96.4%. Political Empowerment: Lowest at 11.7%, +8.4% since 2006.<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\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 Previous Year Question (PYQ)<\/strong><br><br><strong>Prelims<\/strong><br><strong>Q:1 Which of the following gives \u2018Global Gender Gap Index\u2019 ranking to the countries of the world? (2017)<\/strong><br>a) World Economic Forum<br>b) UN Human Rights Council<br>c) UN Women<br>d) World Health Organization<br><strong>Ans: (a)<\/strong><\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><strong>Source: <\/strong><strong>(<\/strong><a href=\"https:\/\/www.weforum.org\/publications\/global-gender-gap-report-2024\/digest\/\"><strong>WEF<\/strong><\/a><strong> | <\/strong><a href=\"https:\/\/www.downtoearth.org.in\/news\/india\/gender-gap-report-2024-india-fares-worse-than-bangladesh-nepal-sri-lanka-bhutan-scores-low-in-political-parity-indices-96653\"><strong>DTE<\/strong><\/a><strong>)<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Gandhi_Sagar_Sanctuary\"><\/span><strong>Gandhi Sagar Sanctuary<\/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 \u2013 3 \u2013Ecology &amp;\u00a0 Environment \u2013 Conservation- Sanctuary<\/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:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Recently, MP completed preparations for a second <strong>cheetah<\/strong> home \u2013 <strong>Gandhi Sagar Sanctuary<\/strong>. Prey animals have been relocated from Kanha, Satpura and Sanjay tiger reserves.<\/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_4nXczUmKSTu5_NLk51H3pxjvBfLINvp1TvxZRmO2JqfbHyPJo08SkKcUzF3jI8pMyE1p4CcwAk4-iOhG-YLBzrU-VbKJ1Yor8ZZO5iN75MHNbCFjywhS_eOBxoP2_EbBJq73n9ay0yb2nnZJs8Q_Uzlem5Rv3_3aGSjUFVVnqmx0xR_ZtzUYfl78?key=REllf8COcBPcOxAKMpBJ7g\" alt=\"Gandhi Sagar Sanctuary\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Gandhi Sagar Sanctuary<\/strong><\/figcaption><\/figure><\/div>\n\n\n<ul class=\"wp-block-list\"><li><strong>Location:<\/strong> 270 km from the <a href=\"https:\/\/www.pmfias.com\/current-affairs-july-31-2023\/#why-kuno-np\">Kuno National Park<\/a> in Madhya Pradesh <strong>bordering Rajasthan<\/strong>.<\/li><li>It was <strong>notified<\/strong> in 1974 and added to the list of sanctuaries in 1984.<\/li><li>It is spread over the area surrounding the <strong>Gandhi <\/strong><a href=\"https:\/\/www.pmfias.com\/information-fusion-centre-indian-ocean-region-ifc-ior\/\"><strong>Sagar<\/strong><\/a><strong> Dam<\/strong> backwater, and <strong>Chambal<\/strong> flows through it.<\/li><li>The forest of this sanctuary is part of the <strong>Khathiar-Gir dry deciduous forest<\/strong>, which includes trees like Salai, Kardhai, Dhawda, Tendu, Palash, etc.<\/li><li><strong>Chaturbhuj Nala rock shelters<\/strong> are also part of the same Gandhi Sagar wildlife sanctuary.<\/li><li><strong>Landscape<\/strong>: Open landscapes with sparse vegetation, rocky terrain, and small dense forest patches.<\/li><li><strong>River:<\/strong> Chambal divides the sanctuary into two parts.<\/li><li><strong>Vegetation<\/strong>: Northern tropical dry deciduous forest, mixed deciduous forest, and dry deciduous scrub.<\/li><li><strong>Flora<\/strong>: Khair, Salai, Kardhai, Dhawda, Tendu, Palash are principal tree species.<\/li><li><strong>Fauna:<\/strong> Herbivores like Chinkara, Nilgai, Spotted Deer, carnivores like Indian Leopard, Striped Hyena, Jackal, and diverse aquatic life including crocodiles, fish, otters, turtles.<\/li><li><strong>Historical sites<\/strong>: Chaurasigarh, Chaturbhuj Nath temple, Bhadkaji rock paintings, Narsinghjhar Hinglajgarh fort, Tarakeshwar temple.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Chaturbhuj_Nala_rock_shelters\"><\/span><strong>Chaturbhuj Nala rock shelters:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>The Chaturbhuj Nala rock shelters date from the <strong>pre-pastoral<\/strong> (over 6,000-12,000 years old) to the early medieval age (10th century) and are often compared to the UNESCO-approved <strong>Bhimbetka<\/strong> rock shelters.<\/li><li>These paintings use shades of <strong>red<\/strong>, <strong>ochre<\/strong>, <strong>white<\/strong> and <strong>black<\/strong>.<\/li><li>These paintings depict <strong>ancient lifestyles<\/strong>, such as men riding cattle, women dancing, warriors marching, and hunting scenes portraying rhinos, humpless cattle, and deer being chased and hunted with arrows.<\/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_4nXebg_tVeA75gFZ6qMkmYWcpvXwrxgywDy1IWbBKxB4IPqEC1Xc_7Fs0zHCHDCBpr1Jax-b5A72UZfJNvvFx0k_fHYZWI-OoiZxidRW1jO12Tmucr259fCWbu2DOknbVdlxk6XWmnuJDFIWR171EenV0CkWTQDazKj3trK7kSVlBrclqDeF7jwk?key=REllf8COcBPcOxAKMpBJ7g\" alt=\"Gandhi Sagar Sanctuary\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" \/><figcaption><strong>Gandhi Sagar Sanctuary<\/strong><\/figcaption><\/figure><\/div>\n\n\n<p><strong>Source: <\/strong><strong>&nbsp;(<\/strong><a href=\"https:\/\/indianexpress.com\/article\/india\/mp-completes-preparations-for-second-cheetah-home-gandhi-sagar-sanctuary-9386805\/\"><strong>IE<\/strong><\/a><strong>)<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Global_Economic_Prospects_Report\"><\/span><strong>Global Economic Prospects Report<\/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: GS3 \u2013 Economy \u2013 Development &#8211; World Bank- Reports\u00a0<\/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:&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>India<\/strong> will remain the <strong>fastest-growing<\/strong> major economy, with a steady growth of 6.7% over the next three years, according to the <strong>Global Economic Prospects report<\/strong> published by the <strong>World Bank<\/strong>.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span><strong>Key Takeaways:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>The <strong>global growth<\/strong> will remain at <strong>2<\/strong>.<strong>6%<\/strong> in 2024 (projected \u2013 2.7% in 2025-26), marking steady growth in three years despite heightened <strong>geopolitical tensions<\/strong> and <strong>elevated interest rates<\/strong>.<\/li><li><strong>Inflation<\/strong> remains a concern, with global inflation expected to moderate at a <strong>slower pace<\/strong>.<\/li><li>In 2024-25, nearly <strong>60% <\/strong>of economies, representing more than 80% of the global population and world output, are projected to experience growth below their 2010s average.<\/li><li>The growth in <strong>emerging markets and developing economies (EMDE)<\/strong> is forecast to moderate from 4.2% in 2023 to 4% in 2024 and 2025, so it will likely remain <strong>cautious<\/strong> in easing <strong>monetary policy<\/strong>.<\/li><li>Growth in the <strong>South Asia Region<\/strong> is projected to slow to 6.2 per cent in 2024 from 6.6 per cent in 2023, which was primarily driven by <strong>faster growth <\/strong>in India.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"India\"><\/span><strong>India:&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>India\u2019s growth is expected to <strong>slow down<\/strong> mainly due to a slowdown in <strong>investment activity<\/strong>.<\/li><li>India\u2019s economy grew by an estimated <strong>8<\/strong>.<strong>2% in FY24<\/strong>, exceeding previous forecasts by nearly 2% points.<\/li><li>In India, <strong>stronger-than-expected<\/strong> manufacturing, construction, and resilient services offset a slowdown in agriculture due to monsoons.<\/li><li>India\u2019s economy has been driven by <strong>strong domestic demand<\/strong> and <strong>robust service activity<\/strong>.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"pcrstb-wrap\"><table><tbody><tr><td><strong><em>Other important reports by the World Bank:<\/em><\/strong> <em>World Development Report<\/em>,<em> the Remittance Report<\/em>,<em> the Ease of Living Index<\/em>,<em> the Logistics Performance Index<\/em>,<em> the Universal Health Coverage Index<\/em>,<em> The Service Trade Restriction Index<\/em>,<em> and the India Development Update<\/em>.<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><strong>Source<\/strong>:\u00a0 <a href=\"https:\/\/indianexpress.com\/article\/upsc-current-affairs\/upsc-key-project-cheetah-global-economic-prospects-report-g7-and-more-9388210\/https:\/indianexpress.com\/article\/upsc-current-affairs\/upsc-key-project-cheetah-global-economic-prospects-report-g7-and-more-9388210\/\"><strong>IE<\/strong><\/a><\/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":42464,"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-42462","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\/42462","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=42462"}],"version-history":[{"count":1,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/42462\/revisions"}],"predecessor-version":[{"id":42470,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/42462\/revisions\/42470"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media\/42464"}],"wp:attachment":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media?parent=42462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/categories?post=42462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/tags?post=42462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}