{"id":27819,"date":"2024-09-28T14:47:33","date_gmt":"2024-09-28T14:47:33","guid":{"rendered":"https:\/\/www.class24.study\/current-affairs\/current-affairs-capsule-for-28th-september-7795\/"},"modified":"2026-09-09T13:30:37","modified_gmt":"2026-09-09T13:30:37","slug":"current-affairs-capsule-for-28th-september-7795","status":"publish","type":"post","link":"https:\/\/www.class24.study\/current-affairs\/current-affairs-capsule-for-28th-september-7795\/","title":{"rendered":"Current Affairs Capsule for 28th September"},"content":{"rendered":"\r\n
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1. Naming Arunachal Peak After the Sixth Dalai Lama \u2018illegal, null & void\u2019: China\u00a0<\/span><\/h2>\r\n

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India named a mountain peak in Arunachal Pradesh after the 6th Dalai Lama, Tsangyang Gyatso, at an altitude of 20,942 feet.<\/span><\/p>\r\n

NIMAS Team Achievement<\/span><\/strong><\/p>\r\n

The National Institute of Mountaineering and Adventure Sports (NIMAS) successfully scaled the previously unnamed peak in the Gorichen range.<\/span><\/p>\r\n

Tribute to Dalai Lama<\/span><\/strong><\/p>\r\n

The peak was named in tribute to the Dalai Lama\u2019s wisdom and contributions to the Monpa community.<\/span><\/p>\r\n

China\u2019s Reaction<\/span><\/strong><\/p>\r\n

The Chinese Foreign Ministry condemned the naming, calling it “illegal, null and void,” stating that the area is part of China.<\/span><\/p>\r\n

India\u2019s Stand<\/span><\/strong><\/p>\r\n

India continues to maintain its stance, and the Indian Mountaineering Foundation is completing formalities for the peak’s recognition on official maps.<\/span><\/p>\r\n

2. \u2018Asian NATO\u2019 Backer Ishiba to Become Japan\u2019s Next Prime Minister<\/span><\/h2>\r\n

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Shigeru Ishiba Elected as Japan\u2019s Next Prime Minister<\/span><\/strong><\/p>\r\n

Japan\u2019s ruling party, the Liberal Democratic Party (LDP), has selected Shigeru Ishiba as its new leader, and he is set to become the next Prime Minister.<\/span><\/p>\r\n

Advocate of “Asian NATO”<\/span><\/strong><\/p>\r\n

Ishiba is a strong advocate for an “Asian NATO,” emphasizing the importance of collective security arrangements in the region, which could strain relations with China.<\/span><\/p>\r\n

Political Background<\/span><\/strong><\/p>\r\n

Ishiba has served in several high-ranking roles, including defense and agriculture minister, and this is his fifth attempt to win leadership.<\/span><\/p>\r\n

Economic Impact<\/span><\/strong><\/p>\r\n

The announcement of Ishiba’s victory led to a rally in Japan\u2019s yen, strengthening it against the dollar as markets responded positively to his selection.<\/span><\/p>\r\n

Foreign Policy and Relations<\/span><\/strong><\/p>\r\n

He also plans to increase Japan’s defense capabilities and focus on creating collective security measures with regional allies to deter threats from China and North Korea.<\/span><\/p>\r\n

3. Indian Ocean Rim Association (IORA)<\/span><\/h2>\r\n

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The second edition of the Indian Ocean Rim Association (IORA) seminar on Illegal, Unreported and Unregulated (IUU) Fishing was conducted at Naval War College, Goa.<\/span><\/p>\r\n

About Indian Ocean Rim Association (IORA)\u00a0<\/span><\/strong><\/p>\r\n

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    Formation:<\/strong> Established in 1997, is a multilateral organization comprising 23 member countries from Africa, West Asia, South Asia, Southeast Asia, and Australia.<\/span><\/p>\r\n<\/li>\r\n

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    IORA was inspired by a speech by Nelson Mandela in 1995, where he emphasized the need for cooperation among Indian Ocean states.<\/span><\/p>\r\n<\/li>\r\n

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    Aim:<\/strong> It focuses on fostering cooperation in the Indian Ocean region on issues like maritime safety, trade facilitation, fisheries management, disaster risk management, and climate change.<\/span><\/p>\r\n<\/li>\r\n

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    Membership:<\/strong> Comprises 23 member countries from Africa, West Asia, South Asia, Southeast Asia, and Australia, all located around the Indian Ocean. These include countries like India, Australia, Indonesia, South Africa, Malaysia, UAE, and more.<\/span><\/p>\r\n<\/li>\r\n

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    Dialogue Partners: <\/strong>The IORA has 11 dialogue partners, including China, U.S., Japan, Germany, Russia, and Saudi Arabia.<\/span><\/p>\r\n<\/li>\r\n<\/ul>\r\n

    4. India is the World\u2019s Third Largest Producer and Consumer of Ethanol<\/span><\/h2>\r\n

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    The Union Minister for Food and Public Distribution during the India Sugar & Bio Energy Conference said that India is now the world\u2019s third largest producer and consumer of Ethanol.<\/span><\/p>\r\n

    About<\/span><\/h3>\r\n
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      During 2014-24,<\/strong> the area of sugarcane cultivation increased by about 18% <\/strong>while the sugarcane production has increased by 40%.\u00a0<\/strong><\/span><\/p>\r\n<\/li>\r\n

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      Also India is the second largest producer of sugarcane<\/strong> after Brazil.<\/span><\/p>\r\n<\/li>\r\n<\/ul>\r\n

      Steps taken to increase ethanol production\u00a0<\/span><\/strong><\/p>\r\n

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        The Minimum Selling Price (MSP) <\/strong>of sugar was introduced in 2018 <\/strong>to protect the interests of farmers and the sugar industry by the Centre.<\/span><\/p>\r\n<\/li>\r\n

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        Bio-Refineries:<\/strong> India is setting up multiple second-generation ethanol biorefineries<\/strong> to produce ethanol from agricultural waste.<\/span><\/p>\r\n<\/li>\r\n<\/ul>\r\n

        For example, <\/strong>in 2022, Indian Oil Corporation Limited (IOCL) launched Asia\u2019s first 2G Ethanol Biorefinery in Panipat, Haryana.<\/span><\/p>\r\n

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          Tax reduction: <\/strong>The Government has lowered the Goods and Services Tax rate to 5% from 18% <\/strong>on ethanol meant for blending under the Ethanol Blended Petrol (EBP) Programme.<\/span><\/p>\r\n<\/li>\r\n

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          The National Policy on Biofuels-2018<\/strong>, as amended in 2022, has identified various feedstocks for ethanol production, like\u00a0 C & B \u2013 Heavy Molasses, sugarcane juice, sugar containing materials, starch containing materials such as corn cassava, rotten potatoes etc.<\/span><\/p>\r\n<\/li>\r\n<\/ul>\r\n

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          FAQs<\/h2>\r\n
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