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Author Archives: NEXT IAS Current Affairs Team

India Secures Preferential Access to Two-Thirds of Global Trade Through FTAs

Context

  • The Union Minister of Commerce and Industry said that India now enjoys preferential trade access to nearly two-thirds of global trade through a series of free trade agreements.

    • Free Trade Agreement (FTA)

  • FTAs are arrangements between two or more countries or trading blocs that primarily agree to reduce or eliminate customs tariff and non tariff barriers on substantial trade between them.
  • They can cover both goods and services. It also addresses issues such as investment, mobility of professionals, and regulatory cooperation.
  • India uses different terms to denote the scope and depth of trade agreements.

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    Supreme Court Bans NCERT Chapter on Judicial Corruption

    Context

  • Recently, the Supreme Court of India has imposed a blanket ban on a Class 8 NCERT textbook chapter dealing with corruption in the judiciary, and warned of ‘serious action’ in case of non-compliance.

    • Observations of the Supreme Court

  • A Bench headed by Chief Justice Surya Kant made the following key observations:
  • The inclusion of the chapter appeared to be a ‘calculated move to undermine the institution’.
  • It may amount to criminal contempt due to its potential to lower the authority of the judiciary.

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    AI is Rapidly Transforming India’s Legal Ecosystem

    Context

  • The recently concluded India AI Impact Summit 2026 showcased how AI is rapidly transforming India’s legal ecosystem with AI-powered research tools.

    • Use of AI in India’s Justice System

  • In the Supreme Court, High Courts, National Informatics Centre (NIC) AI tools are now assisting various functions such as:  
  • Transcription of oral arguments,
  • Translation of judgments,

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    PM Visit to Israel

    Context

  • The Prime Minister paid an official visit to Israel.

    • Major Outcomes

  • Both nations elevated their relationship to Special Strategic Partnership.
  • The Joint Commission  on Science and Technology has been elevated to Ministerial level.
  • Initiative to collaborate in Critical and Emerging Technologies led by National Security Advisors.

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    Reimagining FCI: From Open-Ended Procurement to Smart Buffer Management

    Published on: 27 February, 2026

    After the six decades of establishment of the Food Corporation of India (FCI), India’s agricultural landscape has transformed, from scarcity to surplus, while food security remains non-negotiable, calling for a strategic recalibration of FCI’s role to ensure fiscal prudence, efficiency, and sustainability.

    News In Short 26-02-2026

    Context

  • The 5th National MSME Council has reviewed the progress of the World Bank supported RAMP Programme. 

    • Raising and Accelerating MSME Performance (RAMP)

  • RAMP is a World Bank supported Central Sector Scheme aimed at improving access of MSMEs to market, finance and technology upgradation by enhancing the outreach of existing MoMSME schemes. 
  • Objective:
  • Accelerating Centre- State collaboration in MSME promotion and development.

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    Explorations of Carbon Capture and Utilisation (CCU)  technologies for india 

    In News

  • Recently, it has been observed that Carbon Capture and Utilisation (CCU)  technologies are essential for achieving India’s net-zero emissions targets, particularly for hard-to-abate sectors like cement.

    • Carbon Capture and Utilisation (CCU) 

  • It refers to a set of technologies that capture carbon dioxide emissions from industrial sources or directly from the air and convert them into useful products.
  • It  removes carbon from the atmosphere and puts it into the economy as inputs for fuels, chemicals, building materials, or polymers.
  • Unlike carbon capture and storage, where captured CO₂ is permanently stored underground rather than reused, CCU uses up the captured carbon.

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    Blockchain Based Digital Governance

    Context

  • The Blockchain India Challenge, launched by the Ministry of Electronics & Information Technology (MeitY) is a national initiative aimed at encouraging visionary Indian startups to pitch & pilot cutting-edge Blockchain-based digital governance solutions. 

    • What is Blockchain?

  • Blockchain is a distributed, transparent, secure, and immutable database that functions like a ledger of records or transactions, resistant to tampering and accessible across a network of computers.
  • Understanding Types of Blockchain:
  • Public Blockchain: In this network, all nodes can access records, verify transactions, perform proof-of-work, and add new blocks.

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    Training of Large Language Models (LLMs) by Indian Firms

    Context

  • Bengaluru-based startup Sarvam AI unveiled two indigenous Large Language Models (LLMs), underscoring India’s push for sovereign, multilingual, and compute-efficient AI amid global competition.

    • Large Language Models (LLMs)

  • A large language model (LLM) is a type of artificial intelligence (AI) algorithm that uses deep learning techniques and massively large data sets to understand, summarize, generate and predict new content.
  • Deep learning involves the probabilistic analysis of unstructured data, which eventually enables the deep learning model to recognize distinctions between pieces of content without human intervention.
  • It helps to understand how characters, words, and sentences function together.

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