Current Affairs - 25 October 2024
SIMBEX: The 31st edition of the Singapore India Maritime Bilateral Exercise (SIMBEX) is underway from October 23 to 29, 2024, in Visakhapatnam. Featuring the Republic of Singapore Navy’s RSS Tenacious, SIMBEX has grown into a significant maritime collaboration since its inception as "Exercise Lion King" in 1994. UNESCO Education Report: According to UNESCO, India surpasses China and Japan in education expenditure, highlighting India's commitment to improving educational outcomes. Tarun Plus: The government has raised the Prime Minister Mudra loan scheme limit from ₹10 lakhs to ₹20 lakhs, announced as part of the Union Budget 2024-2025 by Finance Minister Nirmala Sitharaman. Ethanol Push: India targets a 15% ethanol blend in petrol by 2024, progressing toward a 20% goal by 2025. This initiative will enhance energy security and promote sustainability. CORNEA Initiative: Under a new amendment to the Transplantation of Human Organs and Tissues Act (THOTA), the Ministry of Health will allow cornea retrieval from deceased patients without family consent. Betelgeuse: The red supergiant star in the Orion constellation, Betelgeuse, is nearing the end of its life and will eventually explode as a supernova. Asiatic Golden Cat: The elusive Asiatic golden cat has been sighted in Assam's Manas National Park after a prolonged absence, marking a significant conservation milestone.
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Key Highlights:
- SIMBEX: Celebrating its 31st year, SIMBEX reflects the strong maritime relationship between the Indian and Singaporean navies.
- UNESCO Education Report: India’s commitment to educational investment has positioned it ahead of major nations like China and Japan in spending.
- Tarun Plus Loan Scheme: The increased Mudra loan limit under the "Tarun Plus" scheme aims to empower small businesses and entrepreneurs across India.
- Ethanol Push: India’s efforts toward a 20% ethanol blend by 2025 signal the country’s commitment to renewable energy.
- CORNEA Initiative: A crucial amendment to the organ donation policy allows for easier retrieval of corneas, facilitating eye health initiatives.
- Betelgeuse: Observing Betelgeuse in its final life stage provides astronomers valuable insight into stellar evolution.
- Asiatic Golden Cat: This rare sighting in Assam highlights the success of conservation efforts in India's biodiversity-rich national parks.
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