- India’s population has reached an estimated 146.39 crore by April 2025, according to the United Nations report titled “State of the World Population 2025: The Real Fertility Crisis.”
- Current Population Status: India is the world’s most populous country with 146.39 crore people, surpassing China (141.61 crore).
- The population is expected to peak at 170 crore before beginning to decline in approximately 40 years.
- Decline in Fertility Rate: TFR is now 1.9, below the replacement level of 2.1.
- Among the states that had fertility rates higher than national average were Bihar (2.98), Meghalaya (2.9), Uttar Pradesh (2.35), Jharkhand (2.26), and Manipur (2.2). Read More
Home / Daily Current Affairs / 11-06-2025
Daily Current Affairs – 11 June, 2025
PDF - Over eight years since its enactment, India’s Insolvency and Bankruptcy Code (IBC), 2016 has significantly altered the country’s credit landscape.
- Since the introduction of IBC, India has improved its Ease of Doing Business ranking (basis World Bank report 2020), particularly in ‘Resolving Insolvency’, from 136 in 2016 to 52 in 2020.
- According to the Trend and Progress of Banking in India 2024 report published by the Reserve Bank of India, IBC accounted for 48% of the total recoveries made by banks in the financial year 2023–24. Read More
India’s IBC Framework: Balancing Resolution with Recovery
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How has IBC helped improve resolutions?
- Recently, VV Giri National Labour Institute (VVGNLI) forecasted that the Gig workforce in India, making up 15% of the country’s total non-agricultural workforce.
- Approximately 3 million workers were engaged in platform jobs across 11 major companies in 2020.
- It is expected to reach 23 million, making up 7% of the non-agricultural workforce by 2030, and is projected to more than double, reaching 62 million workers by 2047.
- It could generate up to 90.8 million jobs under aspirational growth scenarios, but economic and regulatory uncertainties could limit growth to 32.5 million.
- Sectoral Expansion: Initially concentrated in ride-sharing and food delivery, gig jobs have diversified into healthcare, education, creative services, and professional consulting with the rapid rise of app-based services and shifting work preferences. Read More
Rapid Expansion of Gig Workforce in India
Context
Key Findings & Projections of Study
- France and Brazil launched a landmark international initiative Blue Nationally Determined Contributions (NDC) Challenge.
- It urges countries to embed ocean-centric actions into their climate plans, known as Nationally Determined Contributions (NDCs).
- The challenge aims to dramatically scale up ocean-focused climate action ahead of the 30th Conference of Parties (COP30) to the United Nations Framework Convention on Climate Change (UNFCCC) in Belem, Brazil.
- The initiative is supported by various organizations like Ocean Conservancy, the Ocean & Climate Platform, the World Resources Institute (through the Ocean Resilience and Climate Alliance - ORCA), and WWF-Brazil. Read More
Blue NDC Challenge
In News
About Blue Nationally Determined Contributions (NDC) Challenge
- A recent study has revealed that ocean acidification has breached its planetary boundary, posing grave threats to marine ecosystems and global climate stability.
- Ocean acidification refers to the ongoing decrease in the pH of Earth’s oceans, caused by the uptake of carbon dioxide (CO₂) from the atmosphere.
- When CO₂ dissolves in seawater, it forms carbonic acid, which lowers ocean pH and reduces calcium carbonate levels – essential for many marine organisms. Read More
Ocean Acidification
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What is Ocean Acidification?
- The launch of the Axiom-4 mission has been postponed again due to a technical issue with SpaceX's Falcon 9 rocket.
- It will spend 14 to 21 days on the ISS, conducting over 60 experiments in collaboration with 31 countries, covering fields like biomedical research, Earth observation, and materials science.
- Some experiments involve ISRO, offering India key insights for its upcoming Gaganyaan mission, now expected in 2027.
- The Ax-4 crew includes members from India, Poland, and Hungary, marking each nation’s first mission to the space station in history and second government-sponsored human spaceflight mission in over 40 years.
- Shubhanshu Shukla will be India’s second national astronaut to go to space since 1984. Read More
Axiom-4 Mission to the International Space Station (ISS)
In News
The Axiom-4 (Ax-4) mission
- The Prime Minister paid tribute to Sant Kabir Das on his birth anniversary (11th June).
- He was a 15th-century Indian poet and mystic.
- He was born in Kashi (Varanasi), though details of his life are largely based on legends and scattered sources like the Bijak, Adi Granth, and Dabistan-i-Tawarikh.
- It is said to have been born to a Brahmin widow and later adopted by Nima, the wife of a Muslim weaver.
- He developed a deep spiritual inclination and sought initiation under the saint Ramananda. Read More
