CURRENT AFFAIRS

The Insurance Regulatory and Development Authority of India (IRDAI) was established following the recommendations of the Malhotra Committee (1994), which critically examined the need for structural reforms in the insurance sector.

Launched by: National Sample Survey Office (NSSO), Ministry of Statistics & Programme Implementation (MoSPI).

After the terrorist attack in Baisaran Valley of Pahalgam in Jammu and Kashmir, the Indian government has taken several big decisions against Pakistan.

After the terrorist attack in Pahalgam, India accused Pakistan of sponsoring terrorism and announced review and suspension of the Indus Water Treaty.

The Madhya Pradesh government has approved the ‘Tiger Reserve Buffer Zone Development Scheme’ for the overall development of the buffer zones of all its tiger reserves.

This day marks the establishment of Panchayati Raj Institutions (PRIs) in India, which aims to strengthen democracy at the grassroots level, empower rural communities and make local governance effective.

On 19 April 2025, 50 years of the launch of India's first indigenous satellite 'Aryabhatta' were completed.

The World Trade Organization (WTO) has released its Global Trade Outlook Report for 2025, which forecasts a 0.2% decline in global merchandise trade.

In recent years, the trade war between major economies like the US and China has caused instability in the global trade system. Due to globalization, this instability is likely to have an impact on the Indian economy as well.

The horticulture sector, encompassing fruits, vegetables, flowers, medicinal and aromatic plants, and plantation crops, plays a vital role in India's agricultural diversification, nutritional security, employment generation, and income enhancement for farmers.