Daily Current Affairs

Day: February 14, 2025

Tobin Tax – A Financial Transaction Tax for Stability

Proposed by James Tobin the Tobin Tax represents a method of charging fees during foreign currency transactions to stabilize exchange rates and stop rapid market trading. According to Tobin the implementation of a common currency with integrated policies would work as well as maintaining financial segmentations to allow central banks to exercise more control Academic […]

Towards a Cancer-Free India: Key Facts, Government Initiatives

The prevalence of cancer stands as a major public health problem in India because 100 people per 1 lakh population develop the condition. The government created diverse programs to prevent cancer cases while improving early diagnosis capabilities and treatment delivery. The healthcare budget for 2025-26 totaled ₹99,858.56 crore in the Union Budget while officials created […]

The Problematic Globalization of Medical Education

Medical education presently experiences an odd state where doctors are seen as scarce but patient care remains difficult to access. Because Indian students find both extremely competitive conditions and high fees for private education too prohibitive they select global medical institutions in Russia, Ukraine, and China where more than 200,000 currently study. New medical graduates […]

Support for Farmers to Reduce Post-Harvest Losses & Cold Chain Infrastructure

The Ministry of Food Processing Industries (MOFPI) implements the Pradhan Mantri Kisan Sampada Yojana (PMKSY) to reduce post-harvest losses and strengthen food processing facilities. The scheme provides financial assistance of up to ₹15 crore for setting up food processing industries. Eligible projects receive a 35% subsidy in General Areas and 50% in Difficult Areas, including […]

New Income Tax Bill 2025: A Modern Framework for Simplified Taxation

Finance Minister Nirmala Sitharaman introduced the New Income Tax Bill 2025 to transform the 60-year-old Income Tax Act, 1961 into a 622-page document through 536 clauses. The revised tax law presents easily understood terminology and removes technical expressions such as "assessment year" through the use of "tax year." Additionally, it improves digital tax administration by […]

Project Asiatic Lion: Conservation Efforts & Population Growth

Gujarat's Project Asiatic Lion aims to protect and restore the habitat of Asiatic Lions in the Gir landscape. The initiative focuses on conservation, eco-development, and community participation. It also includes a global disease control center to ensure the species' health and sustainability. Since 2010, the lion population has increased from 411 to 674 due to […]

President’s Rule in Manipur: Political Crisis & Constitutional Impact

Manipur has come under President’s Rule following the resignation of Chief Minister N. Biren Singh and the BJP’s failure to appoint a successor. The ongoing ethnic conflict between Meiteis and Kukis since May 2023 has further destabilized the state. The Centre imposed Article 356 as the state assembly failed to reconvene before the constitutional deadline […]

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