{"id":56036,"date":"2025-10-04T20:46:47","date_gmt":"2025-10-04T15:16:47","guid":{"rendered":"https:\/\/www.nextias.com\/ca\/?p=56036"},"modified":"2025-10-06T12:06:22","modified_gmt":"2025-10-06T06:36:22","slug":"news-in-short-4-october-2025","status":"publish","type":"post","link":"https:\/\/www.nextias.com\/ca\/current-affairs\/04-10-2025\/news-in-short-4-october-2025","title":{"rendered":"News In Short \u2013 4 October, 2025"},"content":{"rendered":"\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>Pandit Chhannulal Mishra<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus: Personality in News<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Context<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Prime Minister has expressed deep sorrow at the passing away of <strong>Padma Vibhushan Pandit Chhannulal Mishra ji.<\/strong><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Pandit Chhannulal Mishra (1936\u20132025)<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Born:<\/strong> He was born on August 3, 1936, in Azamgarh U.P.<\/li>\n\n\n\n<li>He was a renowned <strong>Indian Hindustani classical music singer.&nbsp;<\/strong><\/li>\n\n\n\n<li>He learned not only <strong>khayal but also absorbed nuances of the Kirana gharana,<\/strong> making him versatile in<strong> multiple classical styles.<\/strong>\n<ul class=\"wp-block-list\">\n<li>Known for his mastery in<strong> thumri, dadra, and bhajans as well.<\/strong><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Major Honours: <\/strong>Padma Bhushan (2010), Padma Vibhushan (2020), Sangeet Natak Akademi Fellowship<\/li>\n\n\n\n<li><strong>Legacy: <\/strong>He is<strong> <\/strong>known for rigorous discipline in riyaaz and deep devotion to accuracy.<\/li>\n<\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/www.pmindia.gov.in\/en\/news_updates\/pms-condolence-message-on-the-demise-of-padma-vibhushan-pandit-chhannulal-mishra\/\" target=\"_blank\" rel=\"noopener\"><strong>GOI<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>NATO Pipeline System (NPS)&nbsp;<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus: GS2\/IR<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>In News<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Recently, Poland announced plans to join NATO Pipeline System (NPS) with a \u20ac4.7 billion investment.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>&nbsp;NATO Pipeline System (NPS)&nbsp;<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>It was established during the<strong> Cold War<\/strong>, and supplies fuel and lubricants to NATO forces with modern flexibility.&nbsp;<\/li>\n\n\n\n<li>It spans about 10,000 km across 12 countries, has a storage capacity of 4.1 million cubic meters, and connects depots, air bases, airports, refineries, and transport points.<\/li>\n\n\n\n<li>While most networks are managed nationally, the Central Europe Pipeline System (CEPS) is a multinational system overseen by NATO\u2019s Support and Procurement Agency.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-background\" style=\"background-color:#fff2cc\"><tbody><tr><td><strong>Do you know?<\/strong><br>&#8211; <strong>North Atlantic Treaty Organization (NATO)<\/strong>\u00a0 is a <strong>political and military alliance <\/strong>which\u00a0 was founded in 1949 and is a group of 32 countries from Europe and North America that exists to protect the people and territory of its members.<br>&#8211; It is founded on the principle of collective defence, meaning that if one NATO Ally is attacked, then all NATO Allies are attacked.\u00a0<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Source :<a href=\"https:\/\/www.thehindu.com\/news\/international\/amid-russia-tension-poland-to-join-nato-fuel-network\/article70122191.ece\" target=\"_blank\" rel=\"noopener\">TH<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>Stablecoins<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus: GS3\/Economy<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Context<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Finance Minister said that countries would have to \u201cprepare to engage\u201d with stablecoins whether they welcome the change or not.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>What are stablecoins?<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Stablecoins are <strong>cryptocurrencies designed to maintain price stability<\/strong> by pegging their value to underlying assets such as:\n<ul class=\"wp-block-list\">\n<li>Fiat currencies (e.g., USD, Euro),<\/li>\n\n\n\n<li>Commodities (e.g., gold),<\/li>\n\n\n\n<li>Other cryptocurrencies, or<\/li>\n\n\n\n<li>Algorithm-based systems.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Stablecoins are <strong>different from or Central Bank Digital Currencies (CBDCs),<\/strong> which are digital currencies officially issued and controlled by a government\u2019s central bank.\n<ul class=\"wp-block-list\">\n<li>Meanwhile, stablecoins can be privately issued and can also be pegged to foreign currencies.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Global Scenario in stablecoins<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The U.S. <\/strong>passed the<strong> Genius Act, <\/strong>which mandates that stablecoins be <strong>fully backed by liquid assets <\/strong>(like cash or Treasury bills) and requires regular disclosures.<\/li>\n\n\n\n<li><strong>Japan &amp; Singapore <\/strong>have introduced targeted regulations for stablecoins.<\/li>\n\n\n\n<li><strong>China<\/strong> has long prioritized the development of its <strong>sovereign digital yuan<\/strong>, however it is now also examining the rising use of <strong>yuan-backed stablecoins.<\/strong><\/li>\n<\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/www.thehindu.com\/business\/Economy\/union-finance-minister-nirmala-sitharaman-at-kautilya-economic-conclave-2025\/article70120196.ece\" target=\"_blank\" rel=\"noopener\"><strong>TH<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>Electronics Component Manufacturing Scheme<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus: GS3\/ Economy<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Context<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Union Minister for Electronics and IT announced that under the ECMS, the government has received <strong>investment proposals worth \u20b91.15 lakh crore<\/strong>, indicating strong industry response to India\u2019s push for self-reliance in electronics manufacturing.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Electronics Component Manufacturing Scheme<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Objective: <\/strong>To develop a robust component manufacturing ecosystem by attracting investments (global \/ domestic) across the value chain by integrating its domestic electronic industry with the Global Value Chains (GVCs).<\/li>\n\n\n\n<li><strong>The Target Segment Category under Scheme includes;<\/strong>\n<ul class=\"wp-block-list\">\n<li>Sub-assemblies<\/li>\n\n\n\n<li>Bare components<\/li>\n\n\n\n<li>Selected bare components<\/li>\n\n\n\n<li>Supply chain ecosystem and Capital equipment<\/li>\n\n\n\n<li>Sub-assembly &#8211; Telecom.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Types of Incentive:<\/strong> Turnover linked incentive, capex incentive and hybrid incentive.<\/li>\n\n\n\n<li><strong>Tenure of the Scheme:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Turnover Linked Incentive: Six years with one year of gestation period.<\/li>\n\n\n\n<li>Capex Incentive: Five years.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/www.newsonair.gov.in\/electronics-component-manufacturing-scheme-records-over-%E2%82%B91-lakh-crore-in-investment-applications\/\" target=\"_blank\" rel=\"noopener\"><strong>AIR<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>Aspirational Agriculture Districts to be developed under the Prime Minister Dhan-Dhaanya Krishi Yojana (PMDDKY)<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus:GS3\/Economy&nbsp;<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>In News<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Centre announced 100 Aspirational Agriculture Districts to be developed under the <strong>Prime Minister Dhan-Dhaanya Krishi Yojana (PMDDKY) <\/strong>across 29 states and UTs.\n<ul class=\"wp-block-list\">\n<li>Uttar Pradesh leads with 12 districts, followed by Maharashtra (9), Madhya Pradesh and Rajasthan (8 each) and Bihar (7).&nbsp;<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About Prime Minister Dhan-Dhaanya Krishi Yojana (PMDDKY)<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Union Cabinet approved the <strong>Prime Minister Dhan-Dhaanya Krishi Yojana (PMDDKY) in July 2025.<\/strong>\n<ul class=\"wp-block-list\">\n<li>It is designed on the lines of the <strong>Aspirational Districts Programme (ADP).<\/strong><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>It is a transformative agricultural initiative announced in the Union Budget 2025\u201326. With an annual outlay of \u20b924,000 crore over six years, PMDDKY aims to boost growth in <strong>100 agri-districts by converging 36 existing Central schemes across 11 Ministries<\/strong>, alongside state programmes and private sector partnerships.&nbsp;<\/li>\n\n\n\n<li>Instead of launching new schemes, it focuses on <strong>coordinated, saturation-based delivery to last-mile farmers, minimizing duplication and maximizing impact<\/strong>.<\/li>\n\n\n\n<li>The <strong>PMDDKY <\/strong>aims to boost rural development with five key goals: increase agricultural productivity, promote crop diversification and sustainability, expand post-harvest storage at local levels, improve irrigation infrastructure, and enhance farmers&#8217; access to agricultural credit.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-background\" style=\"background-color:#ebecf0\"><tbody><tr><td><strong>Aspirational Districts Programme (ADP)<\/strong><br>&#8211; It was\u00a0 launched in 2018 to develop backward and remote areas, and has significantly improved key development indicators.\u00a0<br>&#8211; Building on its success, the <strong>Aspirational Blocks Programme (ABP)<\/strong> was launched in 2023 to expand essential government services across 500 blocks in areas like health, education, sanitation, agriculture, financial inclusion, and infrastructure.<br><br><img data-dominant-color=\"f5f5f5\" data-has-transparency=\"false\" loading=\"lazy\" decoding=\"async\" width=\"550\" height=\"211\" class=\"not-transparent wp-image-56041\" style=\"--dominant-color: #f5f5f5; width: 550px;\" src=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/10\/Aspirational-Districts-Programme-ADP.webp\" alt=\"Aspirational Districts Programme (ADP)\" srcset=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/10\/Aspirational-Districts-Programme-ADP.webp 872w, https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/10\/Aspirational-Districts-Programme-ADP-300x115.webp 300w, https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2025\/10\/Aspirational-Districts-Programme-ADP-768x295.webp 768w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Source :<a href=\"https:\/\/indianexpress.com\/article\/india\/prime-minister-dhan-dhaanya-krishi-yojana-govt-identifies-100-aspirational-agriculture-districts-up-tops-list-10286562\/\" target=\"_blank\" rel=\"noopener\">IE<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>H125 Helicopters<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus: GS3\/ Defence<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Context<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Airbus Helicopters, in partnership with Tata Advanced Systems, is setting up a final assembly line for the<strong> Indian made<\/strong> <strong>H125 utility helicopter <\/strong>in <strong>Vemagal, Karnataka<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About H125 Helicopters<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The Airbus H125 is a light, single-engine<\/strong> utility helicopter known for its versatility and exceptional performance in high-altitude and high-temperature conditions.\n<ul class=\"wp-block-list\">\n<li>The H125 was formerly known as the <strong>Eurocopter AS350<\/strong>.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>The H125 will cater to civil needs like emergency medical services, tourism, disaster relief, and law enforcement, while its <strong>military version (H125M)<\/strong> will serve India\u2019s armed forces, especially in high-altitude areas like the Himalayas.<\/li>\n<\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/www.indiatoday.in\/amp\/india\/story\/airbus-partners-tata-make-in-india-helicopters-to-roll-out-by-2027-2796982-2025-10-03\" target=\"_blank\" rel=\"noopener\"><strong>IT<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>India Conferred with Prestigious ISSA Award 2025&nbsp;<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus :Miscellaneous&nbsp;<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>In News<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>India has been awarded the prestigious International Social Security Association (ISSA) Award&nbsp; 2025 for \u2018Outstanding Achievement in Social Security\u2019 at the World Social Security Forum in Kuala Lumpur.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>The International Social Security Association (ISSA)&nbsp;<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>It is the world\u2019s leading international organization for social security institutions, government departments and agencies.<\/li>\n\n\n\n<li>The ISSA, founded in 1927 under the International Labour Organization, promotes excellence in social security administration worldwide.<\/li>\n\n\n\n<li>It supports over 320 member institutions from 160+ countries by providing a professional community, developing standards and research, offering practical services, fostering innovation, and advocating for comprehensive social security systems globally.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>India\u2019s Achievements&nbsp;<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>International Social Security Association (ISSA) Award&nbsp; recognized&nbsp; India\u2019s expansion of social security coverage from 19% in 2015 to 64.3% in 2025, now reaching over 940 million citizens.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><strong>Source :<\/strong><a href=\"https:\/\/www.pib.gov.in\/PressReleasePage.aspx?PRID=2174341\" target=\"_blank\" rel=\"noopener\"><strong>PIB<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>Snow Leopards<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus: GS3\/Species<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>In News<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Himachal Pradesh\u2019s snow leopard population has risen by 62 per cent over the past four years.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About Snow Leopards (Panthera uncia)<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>They are often called the<strong> &#8220;ghost of the mountains,&#8221;<\/strong> a reclusive feline native to the mountainous regions of Central and South Asia.<\/li>\n\n\n\n<li>They&nbsp; are sparsely distributed across <strong>12 countries in central Asia<\/strong>, from southern Russia down to the Tibetan plateau, including Mongolia, China, Afghanistan, Pakistan,<strong> India<\/strong> and Nepal.<\/li>\n\n\n\n<li>They are classified as <strong>\u2018Vulnerable\u2019<\/strong> by the International Union for Conservation of Nature (IUCN) Red list and listed in <strong>Schedule-I species of the Indian Wildlife (Protection) Act, 1972.<\/strong><\/li>\n\n\n\n<li>The snow leopard is the state animal of <strong>Himachal Pradesh and Ladakh<\/strong>.<\/li>\n\n\n\n<li><strong>Project Snow Leopard<\/strong> was launched by the Government of India in 2009 to ensure scientific and community-focused conservation of the species.<\/li>\n<\/ul>\n\n\n\n<p><strong>Source: IE<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>Context<\/strong><\/p>\n<li class=\"ms-5\">The Prime Minister has expressed deep sorrow at the passing away of Padma Vibhushan Pandit Chhannulal Mishra ji.<\/li>\n<p><\/p>\n<p><strong>Pandit Chhannulal Mishra (1936\u20132025)<\/strong><\/p>\n<li class=\"ms-5\">Born: He was born on August 3, 1936, in Azamgarh U.P.<\/li>\n<li class=\"ms-5\">He was a renowned Indian Hindustani classical music singer.\u00a0<\/li>\n<li class=\"ms-5\">He learned not only khayal but also absorbed nuances of the Kirana gharana, making him versatile in multiple classical styles.<\/li>\n<li class=\"ms-5\">Known for his mastery in thumri, dadra, and bhajans as well.<\/li>\n<p><a href=\"https:\/\/www.nextias.com\/ca\/current-affairs\/04-10-2025\/news-in-short-4-october-2025\" class=\"btn btn-primary btn-sm float-end\">Read\u00a0More<\/a><\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-56036","post","type-post","status-publish","format-standard","hentry","category-current-affairs"],"acf":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/56036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/comments?post=56036"}],"version-history":[{"count":3,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/56036\/revisions"}],"predecessor-version":[{"id":56053,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/56036\/revisions\/56053"}],"wp:attachment":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/media?parent=56036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/categories?post=56036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/tags?post=56036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}