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CURRENT AFFAIRS DETAILS

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1 Cabinet approves electronic component manufacturing PLI scheme at outlay of Rs 22,919 crore

The Union Cabinet on March 28 approved a production-linked incentive scheme for passive or non-semiconductor electronics components with an outlay of Rs 22,919 crore, Union Electronics and IT Minister Ashwini Vaishnaw said.

It is the first scheme that focuses on promoting the manufacturing of passive electronic components.

The minister said that the scheme will create direct employment for 91,600 people and attract investment of around Rs 59,350 crore.

"Passive components are approved under the Electronics Component PLI scheme. It has a total package of Rs 22,919 crore. This will be over six years," Vaishnaw said.

29-Mar-2025 News in Details
2 INDIAN AND RUSSIAN NAVIES SET FOR THE 14th EDITION OF MARITIME BILATERAL EXERCISE – INDRA 2025

The 14th edition of the Indian - Russia bilateral naval exercise INDRA, a cornerstone of the enduring maritime partnership between India and Russia, is set to take place off Chennai from 28 Mar to 02 Apr 25.

Since its inception in 2003, Exercise INDRA epitomises the long-term strategic relationship between the two Navies.

The exercise has evolved into a symbol of maritime cooperation, showcasing the two nations' commitment to enhancing naval interoperability and operational synergy. The exercise is being conducted in two phases - Harbour phase from 28 to 30 Mar 25 at Chennai, and Sea phase from 31 Mar to 02 Apr 25 in Bay of Bengal.

The exercise will see participation of Russian Federation Naval Ships Pechanga, Rezkiy and Aldar Tsydenzhapov along with Indian Naval Ships Rana, Kuthar and Maritime patrol aircraft P8l.

The Harbour Phase will include Opening ceremony, Subject Matter Expert Exchanges (SMEEs), reciprocal visits, sports fixtures, and pre-sail briefings between personnel from both navies. The Sea Phase will witness advanced naval drills, including tactical manoeuvres, live weapon firings, anti-air operations, underway replenishment, helicopter cross-deck landings and exchange of sea-riders.

29-Mar-2025 News in Details
3 Cabinet approves major infrastructure projects in Bihar

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved two major infrastructure projects in Bihar—the Patna-Arrah-Sasaram Corridor and the Kosi-Mechi Intra-State Link Project—designed to improve regional connectivity and enhance agricultural irrigation in the state on Friday.

Patna-Arrah-Sasaram Corridor Project approved

The CCEA approved the construction of a 4-lane access-controlled Patna-Arrah-Sasaram corridor (NH-119A), spanning 120.10 km. This project will be developed under the Hybrid Annuity Mode (HAM) at a capital cost of Rs. 3,712.40 crore. Currently, the route is congested, relying on state highways, with travel times between the cities taking 3-4 hours. The new corridor will feature both greenfield and brownfield developments, improving connectivity and reducing traffic bottlenecks.

29-Mar-2025 News in Details
4 Govt Plans To Borrow Rs 8 Lakh Crore From Market In First Half Of FY26

The Centre is planning to mobilise Rs 8 lakh crore through dated securities during the April-September period of 2025-26 to fund the revenue gap, the finance ministry said on Thursday. Out of the gross market borrowing of Rs 14.82 lakh crore estimated for 2025-26, Rs 8 lakh crore or 54 per cent is planned to be borrowed in the first half (H1) through the issuance of dated securities, including Rs 10,000 crore of Sovereign Green Bonds (SGrBs), according to an official statement.

Finance Minister Nirmala Sitharaman, in the Budget, proposed to borrow Rs 14.82 lakh crore by issuing dated securities to meet revenue shortfall in the next financial year.

The fiscal deficit is estimated to be 4.4 per cent of GDP for FY26 compared to 4.8 per cent of the GDP estimated for the current financial year.

In absolute terms, the fiscal deficit is pegged at Rs 15,68,936 crore for 2025-26.

29-Mar-2025 News in Details
5 UIDAI & IIIT-H launch biometric challenge to test age invariance in fingerprint algorithms

The Unique Identification Authority of India (UIDAI), in collaboration with IIIT-Hyderabad has launched a large-scale competition to test age invariance in biometric algorithms.

The first phase of the Biometric SDK Benchmarking challenge focuses on fingerprint authentication, testing 1:1 matching algorithms for children aged 5-10 years, with updates after 5-10 years. UIDAI ensures that participant submissions are evaluated securely, with anonymized datasets and no sharing of data with participants.

Global Participation Encouraged:

Researchers and developers globally are invited to enhance their biometric models using UIDAI's unique, field-collected dataset for improving accuracy in real-world conditions.

The challenge runs from March 25, 2025, to May 25, 2025, with registration details available on the UIDAI website and https://biochallenge.uidai.gov.in/

The challenge offers prizes worth ₹ 7.7 lakhs (USD 9,000) and the opportunity to collaborate with UIDAI in advancing biometric technologies.

29-Mar-2025 News in Details
6 Union Cabinet approves Rs 3,700 cr Patna-Arrah-Sasaram corridor in Bihar

The Union Cabinet Friday approved the construction of 120-km-long four-lane access controlled Patna-Arrah-Sasaram corridor in Bihar. The project estimated to cost Rs 3,712 crore will be developed under the Hybrid Annuity Mode (HAM), a Public-Private partnership (PPP) model.

The corridor will be developed in two packages. The time frame for the 74.43-km-long stretch has been fixed at 24 months, and another 45.67-km-long patch will be completed in 30 months.

Upon completion, the corridor is expected to enhance the regional connectivity between key cities such as Lucknow, Patna, Ranchi, and Varanasi. The corridor will also provide connectivity to two airports, four major railway stations and one inland water terminal.

29-Mar-2025 News in Details
7 Former England bowler Peter Lever passes away

Former England and Lancashire player Peter Lever has passed away at the age of 84 following a short illness. He served as England’s bowling coach under Ray Illingworth and was inducted into the Lancashire Hall of Fame last year, according to a report by ESPNcricinfo.

During his career in the 1960s and ’70s, Lever claimed nearly 1,000 wickets for Lancashire. He earned 17 Test caps for England and also played in 10 One Day Internationals (ODIs).

Initially, Lever’s opportunities with England were limited due to intense competition among seam bowlers, and he had to wait until he was 30 to make his official debut. He had played for England against the Rest of the World in the summer of 1970, taking 7 for 83—including the dismissals of Graeme Pollock, Garry Sobers, and Clive Lloyd—but those matches later lost their Test status.

29-Mar-2025 News in Details
8 Senior Asian Wrestling: India’s women grapplers bag silver and two bronze in Amman

India continued its medal-winning streak at the 2025 Senior Asian Wrestling Championship in Amman, Jordan, securing one silver and two bronze medals on Thursday.

On Day 3 of the competition, Reetika won silver, while Muskan and Mansi Lather bagged a bronze each.

The standout performer of the day was Reetika, who won India’s first silver medal of the championship. She began her campaign with a dominant 10-0 victory over South Korea’s Seoyeon Jeong in the qualification round.

In a major upset, she defeated Japan’s strong contender, Nodoka Yamamoto, by fall in the semifinal. However, in a closely contested gold medal bout, she narrowly lost 6-7 to Kyrgyzstan’s Aiperi Medet Kyzy, settling for silver.

29-Mar-2025 News in Details
9 S Korea in uphill battle to contain massive wildfires as death toll hits 26

Helicopters dumped water over a burning forest in South Korea on Thursday as fire crews struggled to contain the country's worst-ever wildfires, which have killed 26 people, forced at least 37,000 others to flee their homes and destroyed more than 300 structures.

Multiple wildfires fuelled by strong winds and dry weather have been raging across South Korea's southeastern regions since last Friday. The government has mobilised thousands of personnel, dozens of helicopters and other equipment to extinguish the blazes, but gusty winds are hampering their efforts.

Rain was expected later Thursday. But Korea Forest Service chief Lim Sang-seop said the amount -- less than 5 millimetres (0.2 inches) is forecast -- likely won't help much in extinguishing the wildfires.

28-Mar-2025 News in Details
10 INDUCTION OF FOURTH 25T BOLLARD PULL TUG YUVAN (YARD 338)

Induction ceremony for fourth 25T Bollard Pull (BP) Tug Yuvan was held on 26 Mar 25 at Naval Dockyard (Visakhapatnam) in presence of Cmde Rajeev John, General Manager (Refit) as the Chief Guest.

These Tugs are a part of the contract for construction of six (06) 25T BP Tugs concluded with M/s Titagarh Rail Systems Limited (TRSL), Kolkata on 12 Nov 21. These Tugs have been indigenously designed and built in accordance with the relevant Naval Rules and Regulation of Indian Register of Shipping (IRS). The Shipyard had successfully delivered three of these Tugs which are being utilised by Indian Navy to provide assistance to Naval ships and submarines during berthing, un-berthing and manoeuvring in confined waters. The Tugs will also provide afloat fire-fighting support to ships alongside or at anchorage and will also have the capability to conduct limited Search and Rescue (SAR) Operations.

These Tugs are proud flag bearers of Make in India and Aatmanirbhar Bharat initiatives of Government of India.

28-Mar-2025 News in Details