If you’re preparing for competitive exams like UPSC, SSC, or college admissions, staying updated with current events is crucial. Here’s a summary of the key news items from the past week to help you with your preparation.
1. Women SHGs to Receive Rs 8 Lakh Subsidy
The central government has launched the Drone Didi Plan, which aims to provide 3,000 women self-help groups (SHGs) across various states with drones. These SHGs will receive a subsidy of Rs 8 lakh under this initiative. A total of 14,500 SHGs will benefit from the program, with priority given to states like Uttar Pradesh, Maharashtra, and Karnataka based on factors like cultivable land and active SHGs. The program is aimed at enhancing agricultural productivity by using drones for precision farming.
2. India Achieves Top Rating from FATF
India has been placed in the “Regular Follow-up” category by the Financial Action Task Force (FATF) for its strong anti-money laundering (AML) and counter-terrorist financing (CFT) measures. This recognition places India among an elite group of four G20 countries that have received this distinction. The FATF mutual evaluation report, released on September 19, emphasizes India’s efforts in combating financial crime.
3. Elon Musk’s Neuralink Receives FDA Breakthrough Approval
Neuralink, a brain-chip startup founded by Elon Musk, has received FDA approval for its experimental implant technology, aimed at restoring vision for individuals who have lost their eyesight. The company is working on a device that will help those who have lost both eyes or their optic nerve to see again, advancing its goal of integrating brain-computer interfaces. Neuralink also aims to help paralyzed individuals communicate and regain movement in the future.
4. India’s First 250 Kmph Bullet Train
India is moving ahead with the production of its first bullet train, capable of reaching speeds of 250 km/h. The Integral Coach Factory (ICF) has issued a tender for building high-speed trains, with plans to manufacture them at BEML’s Bengaluru plant. The train will feature seven bogies and a seating configuration designed for both standard and executive classes. The project is part of India’s push to modernize its railway infrastructure.
5. India to Become the Third-Largest Economy by FY31
According to a report by S&P Global, India is projected to become the world’s third-largest economy by 2030-31, with a forecasted annual growth rate of 6.7% this fiscal year. Growth is expected to accelerate to 8.2% in FY2024, driven by key reforms in business, logistics, and private-sector investments. India’s growing equity markets and increased foreign inflows are also expected to boost the economy further.
These topics cover a broad spectrum of current affairs, making them essential for exam aspirants focusing on general knowledge and current events.
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