CURRENT AFFAIRS

India’s rapid growth in renewable energy capacity—now exceeding 262 GW and accounting for over 51% of total installed power capacity—is creating operational challenges for the national power grid.

India may face a potential Liquefied Petroleum Gas (LPG) supply shortage due to rapidly rising consumption and heavy reliance on imports without adequate strategic storage capacity.

The Government of India has approved a ₹117.54 crore renovation project for the bascule bridge at the Syama Prasad Mookerjee Port in Kolkata.

India has released a revised Gross Domestic Product (GDP) series with 2022–23 as the new base year, replacing the earlier base year of 2011–12.

The revised estimates prepared by the National Statistical Office indicate a modest reduction in the estimated size of the economy and notable changes in sectoral contributions, although the overall growth trend remains broadly similar.

The National Highways Authority of India has released the first National Highways Green Cover Index (NH-GCI), a technology-driven tool designed to assess the extent of vegetation and green cover along India’s national highways network.

The Union Cabinet of India has approved a partial relaxation of Foreign Direct Investment (FDI) restrictions imposed under Press Note 3 (2020) for countries sharing land borders with India.

The Government of India has accepted the Sixteenth Finance Commission of India recommendation to retain 41% tax devolution to States from the divisible pool of central taxes.

The Government of Maharashtra recently announced a ₹35,000 crore farm loan waiver scheme, reviving concerns over its impact on credit discipline and state finances.

The Employees’ Provident Fund Organisation (EPFO) has approved auto-settlement of small inoperative Provident Fund (PF) accounts with balances of ₹1,000 or less. The decision was taken during the 239th meeting of the Central Board of Trustees (CBT).

The Ministry of Statistics and Programme Implementation (MoSPI) has released a new Gross Domestic Product (GDP) series to provide a more accurate assessment of India’s economy.