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    India-Russia Celebrate 25 Years of Strategic Partnership

    In News

  • Russia and India have significantly advanced their 25-year strategic partnership amid a changing global landscape.

    • Background 

  • In 2000, Russian President Vladimir Putin and Indian Prime Minister Atal Bihari Vajpayee signed the declaration on strategic partnership, which opened a new chapter in bilateral relations. 
  • In December 2010, the Strategic Partnership was upgraded to a “Special and Privileged Strategic Partnership.”
  • Multiple institutional dialogues, including the Intergovernmental Commission and 2+2 Dialogue, ensure strong cooperation across politics, defense, trade, science, and culture.
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    India Emerges as the Fastest-Growing Dairy Producer Worldwide

    Context

  • India’s dairy sector has expanded by 70% in the past 11 years, with milk production rising from 146 million tonnes in 2014-15 to 239 million tonnes in 2023-24.

    • Dairy Sector of India

  • Global Leadership: India is the world’s largest milk producer, contributing 24.76% of global milk output.
  • Economic Contribution: Dairy is India’s single largest agricultural commodity, contributing 5% to GDP and employing over 8 crore farmers.
  • Growth Performance: Livestock sector grew at a CAGR of 7.9% (2014-15 to 2020-21), outpacing the agriculture sector.
  • Per Capita Availability: Rose to 471 g/day in 2023–24, substantially above the world average of 322 g/day.
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    RBI Rolled Out Liquidity Measures

    In News

  • The Reserve Bank of India (RBI) rolled out a set of liquidity measures designed to make capital more accessible for investors and companies.

    • Key Measures by RBI

  • Acquisition financing: For the first time, banks can now give loans to companies for buying other companies. This allows them to fund mergers, buyouts, and consolidation deals—something banks had been requesting for years.
  • Enhanced Lending Limits: The RBI has dramatically increased individual loan limits against shares from ₹20 lakh to ₹1 crore, representing a fivefold increase. 
  • This substantial raise in the ceiling had not been revised since 1998 and reflects inflation-adjusted realities.
  • IPO Financing Boost: The central bank raised IPO financing limits for retail investors from ₹10 lakh to ₹25 lakh per person, more than doubling the previous limit.
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    NITI Aayog Launches Tax Policy Working Paper to Boost Foreign Investment

    Context

  • NITI Aayog released the first working paper under the NITI Tax Policy Working Paper Series–I, titled Enhancing Tax Certainty in Permanent Establishment and Profit Attribution for Foreign Investors in India, focusing on improving tax certainty and attracting more foreign investment.

    • Importance of Tax Certainty

  • Foreign investment is important: India has received rising FDI inflows, from about USD 6 billion in 2005–06 to USD 50 billion in 2024–25.
  • Unclear rules create problems: Foreign companies often do not know if they will be taxed in India or not, because of unclear definitions of Permanent Establishment (PE) and profit attribution.
  • Litigation takes years: Tax disputes in India often last 10–12 years, which is costly and discourages investors.
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    Draft Rules for Online Gaming

    Context

  • The Ministry of Electronics and IT (MeitY) has released draft rules for online gaming.

    • About

  • They are intended to operationalise the Promotion and Regulation of Online Gaming (PROG) Act, 2025.
  • It bans real money gaming (RMG) platforms such as online poker, rummy and fantasy sports while permitting only social games and e-sports.
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    Heritage Management & Conservation: Policy Shift in India

    Context

  • The government plans to open up conservation of protected monuments — so far the mandate of only the Archaeological Survey of India (ASI) — to private entities, marking the beginning of a public-private partnership model in heritage management.

    • Background: ASI’s Exclusive Mandate

  • The Archaeological Survey of India (ASI) was established in 1861 under the Ministry of Culture, responsible for archaeological research and the protection of India’s cultural heritage.
  • It plays a central role in the maintenance, conservation, and preservation of ancient monuments, archaeological sites, and remains of national importance.
  • It enforces the Ancient Monuments and Archaeological Sites and Remains Act, 1958 and the Antiquities and Art Treasures Act, 1972.
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    संक्षिप्त समाचार 04-10-2025

    संदर्भ 

  • प्रधानमंत्री ने पद्म विभूषण पंडित छन्नूलाल मिश्रा जी के निधन पर गहरा शोक व्यक्त किया है।

    • पंडित छन्नूलाल मिश्रा (1936–2025) 

  • जन्म: 3 अगस्त 1936 को उत्तर प्रदेश के आज़मगढ़ में हुआ।  
  • वे भारत के प्रसिद्ध हिंदुस्तानी शास्त्रीय संगीत गायक थे। 
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    भारत-रूस ने रणनीतिक साझेदारी के 25 वर्ष पूरे होने का जश्न मनाया

    संदर्भ 

  • रूस और भारत ने बदलते वैश्विक परिदृश्य के बीच अपनी 25 वर्षीय रणनीतिक साझेदारी को महत्वपूर्ण रूप से आगे बढ़ाया है।

    • पृष्ठभूमि 

  • वर्ष 2000 में, रूसी राष्ट्रपति व्लादिमीर पुतिन और भारतीय प्रधानमंत्री अटल बिहारी वाजपेयी ने रणनीतिक साझेदारी पर घोषणा-पत्र पर हस्ताक्षर किए, जिससे द्विपक्षीय संबंधों का एक नया अध्याय शुरू हुआ। 
  • दिसंबर 2010 में, इस साझेदारी को “विशेष और विशेषाधिकार प्राप्त रणनीतिक साझेदारी” में उन्नत किया गया।  
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    भारत विश्व में सबसे तीव्रता से बढ़ते डेयरी उत्पादक के रूप में उभरा

    संदर्भ 

  • भारत के डेयरी क्षेत्र में विगत 11 वर्षों में 70% की वृद्धि हुई है, जिसमें दुग्ध उत्पादन 2014-15 में 146 मिलियन टन से बढ़कर 2023-24 में 239 मिलियन टन हो गया है।

    • भारत का डेयरी क्षेत्र 

  • वैश्विक नेतृत्व: भारत विश्व का सबसे बड़ा दुग्ध उत्पादक देश है, जो वैश्विक दुग्ध उत्पादन में 24.76% का योगदान देता है। 
  • आर्थिक योगदान: डेयरी भारत की सबसे बड़ी एकल कृषि वस्तु है, जो GDP में 5% योगदान देती है और 8 करोड़ से अधिक किसानों को रोजगार प्रदान करती है। 
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