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Daily Archives: June 2, 2025

News In Short-2-06-2025

In News

  • Karnataka’s Minister of Forest, Ecology, and Environment has ordered a study on the carrying capacity of the Western Ghats following landslips in Dakshina Kannada, Kodagu, and other areas during pre-monsoon rains.

    • Western Ghats

  • They are older than the Himalayas and  are a mountain range of immense global importance.
  • They are known for their unique geomorphic, ecological, and climatic influence on the Indian subcontinent.
  •  They affect monsoon weather patterns and moderate the tropical climate.
  • They are recognized as one of the world’s eight ‘hottest hotspots’ of biodiversity.
  • They pass through the states of Gujarat, Maharashtra, Goa, Karnataka, Tamil Nadu, and Kerala.
  • They are an example of Block Mountains formed as land warped into the Arabian Sea. 
  • They  are a biodiversity hot spot, a biologically rich but threatened region, and a UNESCO World Heritage site. 
  • They are home to exceptionally high levels of endemism and at least 325 globally threatened species, including plants, mammals, birds, amphibians, reptiles, and fish. 

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    Regulating India’s Virtual Digital Assets Revolution

    In News

  • India leads in grassroots crypto adoption, with $6.6 billion invested by retail investors and 800,000 jobs expected by 2030, but faces unclear and challenging Virtual Digital Assets regulations.

    • Challenges 

  • India’s strict capital controls and regulated payment systems clash with the decentralized nature of Virtual Digital Assets (VDAs). 
  • The Reserve Bank of India (RBI) raised concerns early on, banning financial institutions from crypto dealings in 2018—a ban overturned by courts in 2020. 
  • The government then introduced taxation measures in 2022, including a 1% TDS on VDA transactions above ₹10,000 and a 30% capital gains tax without loss offsetting. 
  • Despite these efforts, most trading shifted offshore, resulting in significant tax revenue losses (over ₹2,488 crore) and high volumes on non-compliant platforms. 

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    Pharma Freebies Under Scrutiny

    Context

  • The Centre has asked pharma companies for details of expenditure on marketing in the last one year.

    • About

  • The Union government is keeping a close watch on the marketing practice of pharmaceutical companies amid reports of these companies continuing to offer a range of freebies to doctors.
  • The Uniform Code for Pharmaceutical Marketing Practices (UCPMP) is being implemented to check unethical marketing practices.
  • The details sought by the Department of Pharmaceuticals (DoP) have to be submitted by 31 July, failing which action will be taken against them.

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    Drone Warfare: Ukraine Drone Attack on Russia

    Context

  • Under its ‘Operation Spider’s Web’, Ukraine launched first-person view (FPV) drone attacks on five airbases across Russia.

    • First-person View Drones

  • FPV or first-person view drones are smaller in size and have cameras built in on the front, which sends live video to the operator. 
  • This enables precise flying and manoeuvrability by the operator from a remote location, almost like an aircraft. 
  • These drones used Russian mobile-telephone networks to relay their footage back to Ukraine.

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    NAKSHA Initiative

    Context

  • The Ministry of Rural Development launched the second phase of the NAKSHA (NAtional geospatial Knowledge-based land Survey of urban HAbitations) programme.

    • Why India Needs a NAKSHA-like Programme for Land Management?

  • Fragmented Land Records System: India has a state-specific, inconsistent system of land record-keeping, often using outdated manual records causing ownership disputes, legal uncertainty for buyers, investors, and institutions.
  • Land Disputes and Litigation: Over 66% of civil cases in Indian courts are land/property-related. Lack of digitised, tamper-proof land maps is a key cause.
  • Urbanisation & Infrastructure Push: As per the 2023-24 Economic Survey, nearly 40% of India’s population is expected to be living in urban areas by 2030. Streamlining land and property record systems is essential for the planned development of cities.
  • Boost to Agrarian Reforms: Digitised khasra maps linked with land records can support: easy credit access, crop insurance schemes, PM-KISAN & other DBT initiatives. 

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    Safeguarding Personality and Publicity Rights

    Context

  • Recently, the Delhi High Court has issued a ruling safeguarding the personality and publicity rights of the founder of Isha Foundation.

    • Judicial Precedents

  • Jackie Shroff Case (2024): Delhi HC restrained unauthorised use of his persona by AI chatbots and e-commerce platforms.
  • Krishna Kishore Singh v. Sarla A. Saraogi (2021): SC held that publicity rights are distinct from privacy rights and can outlive the individual.
  • Arun Jaitley v. Network Solutions Pvt. Ltd. (2011): Delhi HC acknowledged the commercial significance of one’s name, especially in the digital space.

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    Pandit Deendayal Upadhyaya’s Philosophy of ‘Integral Humanism’

    In Context

  • 2025 marks the 60th anniversary of Pandit Deendayal Upadhyaya’s philosophy of ‘Integral Humanism’.

    • About

  • In the post-colonial search for an indigenous philosophy of governance, Pandit Deendayal Upadhyaya (1916–1968) introduced the doctrine of Integral Humanism (Ekatma Manav Darshan) in 1965. 
  • This ideology aimed to balance material progress with spiritual upliftment and redefine development from an Indian civilisational perspective.

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    Is India the World’s Fourth Largest Economy?

    According to recent data from the IMF, India has surpassed Japan to become the world’s fourth-largest economy by nominal GDP based on Market Exchange Rates (MER), however Purchasing Power Parity (PPP) rankings suggest India has been the third-largest economy since 2009.

    संक्षिप्त समाचार 02-06-2025

    संदर्भ 

  •  कर्नाटक के वन, पारिस्थितिकी और पर्यावरण मंत्री ने दक्षिण कन्नड़, कोडगू और अन्य क्षेत्रों में पूर्व-मॉनसून वर्षा के दौरान हुए भूस्खलनों के मद्देनज़र पश्चिमी घाट की धारण क्षमता पर अध्ययन करने का आदेश दिया है।

    • धारण क्षमता क्या है? 

  • धारण क्षमता किसी पर्यावरण द्वारा किसी प्रजाति के अधिकतम जनसंख्या आकार को दीर्घकालिक रूप से इस प्रकार बनाए रखने की क्षमता को संदर्भित करता है कि पर्यावरण का क्षय न हो।
  • ये हिमालय से भी प्राचीन हैं और वैश्विक रूप से अत्यंत महत्त्वपूर्ण पर्वत शृंखला हैं।

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    भारत की आभासी डिजिटल परिसंपत्तियों के विनियमन में क्रांति

    संदर्भ 

  • भारत बुनियादी स्तर पर क्रिप्टो अपनाने में अग्रणी है, जहाँ खुदरा निवेशकों द्वारा $6.6 बिलियन का निवेश किया गया है और 2030 तक 800,000 रोजगारों की संभावना है, लेकिन यह अस्पष्ट और चुनौतीपूर्ण वर्चुअल डिजिटल एसेट्स (VDAs) नियमों का सामना कर रहा है।

    • वर्चुअल डिजिटल एसेट्स क्या हैं?

  • ये इलेक्ट्रॉनिक रूप से संग्रहीत, हस्तांतरणीय या व्यापार योग्य डिजिटल मूल्य के प्रतिनिधित्व होते हैं। इसमें शामिल हैं:
  • क्रिप्टोकरेंसी: डिजिटल या आभासी मुद्राएँ, जो क्रिप्टोग्राफिक तकनीकों से सुरक्षित होती हैं, जिससे इन्हें नकली बनाना अत्यधिक कठिन होता है।

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