1-March-2025 Current Affairs: Key Highlights

National Affairs

Formation of 10,000 Farmer Producer Organizations (FPOs)

• The government successfully formed 10,000 FPOs under its flagship scheme, launched in 2020.
• The initiative aims to improve market access, provide financial support, and ensure better returns for farmers.
• Benefits include reduced post-harvest losses, easier credit accessibility, and improved technological support.
• The government has also introduced digital platforms to help FPOs connect with markets.

Science & Technology

Aditya-L1 Captures Solar Flare Details

• India’s first solar mission, Aditya-L1, captured an X6.3-class solar flare using its Solar Ultraviolet Imaging Telescope (SUIT).
• The mission, launched in 2023, is placed at Lagrange Point 1 (L1) to study the Sun continuously.
• It will help scientists understand solar storms and their impact on Earth’s communication systems.

International Relations

India-EU Trade and Technology Council (TTC) Meeting

• India and the European Union discussed trade, technology, and clean energy partnerships.
• Agreements were made on AI regulations, semiconductor development, and renewable energy investments.
• The Free Trade Agreement (FTA) between India and the EU is expected to be concluded by 2025.
• Economic Developments
• India’s Social Sector Spending Trends
• A report highlights that India’s social sector funding reached ₹25 lakh crore in FY24 and is expected to grow to ₹45 lakh crore by FY29.
• However, private sector contribution remains low, making government intervention crucial.
• Philanthropic organizations like the Azim Premji Foundation and the Bill & Melinda Gates Foundation play a vital role in bridging this gap.

Defense & Security

Regulations for Inland Waterway Development

• The Inland Waterways Authority of India (IWAI) introduced new regulations to boost private investment in water transport.
• The move aims to develop national waterways, improve cargo transportation, and reduce logistical costs.
• Environment & Ecology
• Reintroduction of Gharials in Chambal River
• Ten gharials were released in the Chambal River as part of conservation efforts.
• Gharials are critically endangered and primarily found in India’s river systems.
• The initiative is part of the larger Project Crocodile, which aims to protect the species.

Culture & Heritage

Jahan-e-Khusrau Sufi Music Festival Celebrates 25 Years

• The festival, dedicated to Sufi music and poetry, was attended by Prime Minister Narendra Modi.
• It honors the legacy of Amir Khusrau and promotes cultural integration.
• The event featured performances from artists across the world.
• Miscellaneous Updates
• Auroville Township celebrated its 57th anniversary, highlighting its role in promoting alternative living and sustainability.
• Gold Card US Visa: The US introduced a new investment-based visa requiring a $5 million investment for permanent residency.
• Avalanche in Uttarakhand: Several BRO workers were rescued after an avalanche hit the Mana region in Chamoli district.
• Geological Survey of India (GSI): Celebrated its 175th year of geoscientific research and contributions to mineral exploration.

Conclusion

Staying updated with current affairs is essential for understanding national and international developments. These highlights will not only help in competitive exam preparation but also keep readers informed about India’s progress in various sectors.

Disclaimer: This content has been created with extensive effort and the use of multiple reliable sources to ensure accuracy and relevance. However, if you find any discrepancies or incorrect information, please feel free to comment and provide feedback for necessary corrections