Archive

India’s Tobacco Taxation Reforms: Aligning Public Health with Fiscal Strategy Prelims: (Economy + CA)

Current Affairs 02-Jan-2026

India has notified a new taxation regime for tobacco and related sin goods, effective 1 February, following legislative changes approved by Parliament. The reform restructures GST slabs, excise duties, and cess mechanisms for tobacco products, marking a significant shift in India’s approach to public health-oriented taxation.

National Technology Readiness Assessment Framework

Current Affairs 02-Jan-2026

The National Technology Readiness Assessment Framework (NTRAF) was unveiled on December 29, 2025, to standardize innovation assessment in India.

India's Risk-Free RCEP Strategy

Current Affairs 02-Jan-2026

India's decision to stay out of the Regional Comprehensive Economic Partnership (RCEP) in 2019 appeared risky to many experts at the time. However, six years later, India has effectively reaped most of the economic benefits associated with RCEP without formally becoming a member.

Consumer Protection Act, 2019: Strengthening Consumer Rights in the Digital Age

Current Affairs 02-Jan-2026

The Consumer Protection Act, 2019 came into force on 20 July 2020, replacing the Consumer Protection Act, 1986. The new law aims to empower consumers, strengthen grievance redressal mechanisms, and address emerging challenges such as e-commerce, misleading advertisements, and product liability, making consumer justice faster and more effective.

Aravalli Hills and Environmental Protection: Defining India’s Oldest Mountain Shield

Current Affairs 02-Jan-2026

In December 2025, the Supreme Court of India kept its earlier November 2025 judgment on the definition of the Aravalli Hills in abeyance, citing serious environmental and regulatory concerns. The Court proposed a re-examination of the issue through a high-powered expert committee and imposed restrictions on mining and irreversible administrative actions in the Aravalli region until further review.

Transforming India with Artificial Intelligence (AI)

Current Affairs 02-Jan-2026

The Government of India has highlighted the scale and impact of the IndiaAI Mission, backed by an investment of over ₹10,300 crore and deployment of 38,000 Graphics Processing Units (GPUs), positioning Artificial Intelligence (AI) as a key driver of inclusive growth, innovation, and digital governance.

2025 Economic Reforms: Building a Future-Ready India

Current Affairs 02-Jan-2026

In 2025, the Government of India undertook a wide-ranging set of economic reforms aimed at simplifying governance, reducing compliance burden, and strengthening inclusive growth. These reforms span income tax restructuring, labour codes, GST 2.0, rural employment guarantees, MSME support, export promotion, and ease of doing business measures—marking a decisive shift towards outcome-driven and citizen-centric economic governance.