Competition Commission of India (Determination of Cost of Production) Regulations, 2025

Competition Commission of India Regulations

Competition Commission of India (Determination of Cost of Production) Regulations, 2025 Latest News

The Competition Commission of India recently notified the Competition Commission of India (Determination of Cost of Production) Regulations, 2025, aimed at effectively assessing alleged predatory pricing and deep discounting practices in the quick commerce and e-commerce sectors.

About Competition Commission of India (Determination of Cost of Production) Regulations, 2025:

  • It was notified by the Competition Commission of India (CCI).
  • It is aimed at effectively assessing alleged predatory pricing and deep discounting practices in the quick commerce and e-commerce sectors.
    • Predatory pricing refers to a strategy where a dominant company deliberately lowers its prices below the cost of production to drive competitors out of the market. 
    • Once rival firms are weakened or eliminated, the company typically raises prices to recoup its losses and consolidate market control. 
    • This practice is specifically prohibited under Section 4(2)(a)(ii) of the Competition Act, 2002, when used to unfairly gain or maintain dominance.
  • To strengthen oversight of such behavior, CCI (Determination of Cost of Production) Regulations2025, implements updated cost assessment standards. 
  • These revised benchmarks are designed to reflect modern economic thinking, judicial rulings, and international best practices in competition law.
  • According to the latest regulations, the “cost of a good or service would be assumed to be its average variable cost”, which is the total variable cost divided by total output during a particular period. 
    • Here, the total variable cost refers to the total cost (including everything that goes into the production of that good or service) minus the fixed cost and fixed overheads attributable to the product.
  • One of the key changes in the new regulations is the shift from sector-specific benchmarks to a case-by-case assessment model that is flexible and adaptable to various industries, including the digital economy.
  • Therefore, rather than prescribing sector-specific metrics, the framework allows for case-by-case assessment, enabling the Commission to consider the unique features and evolving dynamics of digital markets when evaluating alleged predatory conduct.
  • These new regulations repeal the 2009 Cost Regulations and reflect evolving global practices in competition law.

Competition Commission of India (Determination of Cost of Production) Regulations, 2025 FAQs

Q1. What is the main purpose of the CCI (Determination of Cost of Production) Regulations, 2025?

Ans. It is aimed at effectively assessing alleged predatory pricing and deep discounting practices in the quick commerce and e-commerce sectors.

Q2. What is meant by predatory pricing?

Ans. Lowering prices below cost to eliminate competitors

Q3. What key change was introduced in the 2025 Regulations compared to older frameworks?

Ans. Shift from sector-specific benchmarks to case-by-case assessment.

Source: PRINT

 

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Indo-Pacific Logistics Network (IPLN)

Indo-Pacific Logistics Network (IPLN)

Indo-Pacific Logistics Network Latest News

Quad partners recently convened at the Asia-Pacific Center for Security Studies in Honolulu, Hawaii, for a Tabletop Exercise, a simulation to launch the Quad Indo-Pacific Logistics Network IPLN.

About Indo-Pacific Logistics Network

  • The Quad Indo-Pacific Logistics Network pilot project was launched during the fourth Quad Leaders’ Summit in September 2024. 
  • IPLN is an initiative that enables Quad partners to leverage shared logistics capabilities in the Indo-Pacific to support civilian response to natural disasters more rapidly and efficiently across the region. 
  • This effort will complement existing efforts with Indo-Pacific partners.
  • Together with the Indo-Pacific Partnership for Maritime Domain Awareness, the IPLN reflects the Quad’s commitment to ensuring a free and open Indo-Pacific and highlights the value of strengthening practical cooperation to address regional challenges.

What is Quad?

  • The Quad, officially the Quadrilateral Security Dialogue, is a group of four countries: the United States, Australia, India, and Japan.
  • Genesis
    • Quad came together during the 2004 tsunami in the Indian Ocean region to coordinate response and assistance to countries in the region. 
    • The first meeting of Quad officials took place on the sidelines of the ASEAN Regional Forum summit in the Philippines in May 2007. 
    • After a gap of 10 years, Quad officials met in Manila in November 2017 on the margins of the East Asia Summit for consultations on connectivity issues; maritime security and counter-terrorism; shared principles for a Free and Open Indo-Pacific; and proliferation threats in Asia. 
  • Since 2021, the leaders of the four nations have met annually to drive the Quad’s positive contributions across South Asia, Southeast Asia, and the Pacific.
  • The core objective of the Quad is to secure a rules-based global order, freedom of navigation, and a liberal trading system. 
  • The coalition also aims to offer alternative debt financing for nations in the Indo-Pacific region.
  • It is basically seen as a strategic grouping to reduce Chinese domination. 

Indo-Pacific Logistics Network FAQs

Q1. What is the primary purpose of the Indo-Pacific Logistics Network (IPLN) initiative?

Ans. Enables Quad partners to leverage shared logistics capabilities in the Indo-Pacific to support civilian response to natural disasters.

Q2. Which four countries make up the Quad?

Ans. India, Australia, USA, Japan

Q3. When did the Quad countries first come together?

Ans. Quad came together during the 2004 tsunami in the Indian Ocean region to coordinate response and assistance to countries in the region. 

Source: NOA

 

 

HAROP Drones

HAROP Drone

HAROP Drones Latest News

Indian armed forces recently deployed Israeli-origin Harop drones to carry out precision strikes on air defence systems in Pakistan as part of their ongoing 'Operation Sindoor'.

About HAROP Drones

  • The Harop drone, developed by the MBT Missiles Division of Israel Aerospace Industries (IAI), belongs to a class of weapons known as loitering munitions.
    • These drones are designed to hover in a designated area for up to nine hours, identify hostile targets, and destroy them by crashing into them with a built-in explosive payload.
    • Unlike conventional UAVs, which return after surveillance missions, loitering munitions serve a dual purpose: reconnaissance and attack.
  • The Harop is equipped with an electro-optical (EO) or infrared (IR) seeker to detect, track, and engage static or mobile threats, including radar systems, missile launchers, and command posts.
  • Capable of autonomous operation with human oversight, the Harop offers a man-in-the-loop control mode, allowing the operator to make final decisions before impact. 
  • It is also equipped with abort capability, allowing for mission cancellation mid-flight to avoid collateral damage.
  • Other notable features include:
    • A wingspan of 3 meters and a length of 2.5 meters.
    • Maximum speed of 417 km/h.
    • Operational range of 200 km.
    • Flight endurance exceeding six hours.
    • Service ceiling of approximately 15,000 feet.
    • 16 kg high-explosive warhead.
    • Circular Error Probable (CEP) of under one meter, making it highly accurate.
  • This combination of attributes allows the Harop to loiter over hostile areas, strike from any angle—including shallow or steep dives — and perform in GPS-denied environments due to its resistance to satellite jamming (GNSS).
  • India has been a known operator of the Harop drone for over a decade.

HAROP Drones FAQs

Q1. Who developed the HAROP drone?

Ans. Israel Aerospace Industries (IAI) 

Q2. What type of weapon is the HAROP drone classified as?

Ans. Loitering munition

Q3. What is the operational range of the HAROP drone?

Ans. 200 km

Source: TOI

 

 

Arnala

ARNALA

Arnala Latest News

Delivery of ‘Arnala’- First Anti Submarine Warfare Shallow Water Craft to the Indian Navy.

About Arnala

  • ‘Arnala’ is the first of eight indigenously built Anti-Submarine Warfare Shallow Water Crafts (ASW SWCs) delivered to the Indian Navy recently.
  • It was designed and built by Garden Reach Shipbuilders and Engineers (GRSE), Kolkata, and constructed at M/s L&T Shipyard, Kattupalli, under a Public-Private Partnership (PPP).
  • The warship was built according to the Indian Register of Shipping (IRS) classification rules, showcasing adherence to domestic naval architecture standards.
  • The project reflects the successful collaboration between the public and private sectors in India’s defence manufacturing ecosystem, supporting strategic self-reliance.
  • ‘Arnala’ is named after the historic Arnala Fort located off Vasai, Maharashtra, symbolising India’s rich maritime legacy and heritage.
  • The vessel is 77 metres long and holds the distinction of being the largest Indian Naval warship powered by a Diesel Engine-Waterjet propulsion system.
  • Primary roles of the ship include:
    • Underwater surveillance in coastal zones
    • Search and Rescue (SAR) operations
    • Low Intensity Maritime Operations (LIMO)
    • Coastal Anti-Submarine Warfare (ASW) operations
    • Advanced mine-laying capabilities.
  • The induction of ASW SWCs like Arnala significantly enhances India’s shallow water anti-submarine warfare capacity, vital for maritime security in littoral zones.
  • Over 80% of the ship’s components are sourced indigenously, marking a major step in the realization of ‘Aatmanirbhar Bharat’ in defence manufacturing.

Arnala FAQs

Q1. What is 'Arnala'?
Ans. INS Arnala is the lead ship in the Arnala-class anti-submarine warfare (ASW) shallow water craft, built under Project 21301.

Q2. What is the role of INS Arnala?
Ans. Its primary role is anti-submarine warfare, surveillance, and mine-laying in coastal waters.

Source: PIB

 

Lead-to-Gold Transmutation

Lead-to-Gold Transmutation

Lead-to-Gold Transmutation Latest News

CERN’s ALICE detector has experimentally confirmed the conversion of lead into gold through a process of nuclear transmutation at the Large Hadron Collider (LHC).

About Chrysopoeia

  • The concept of turning lead into gold, known as chrysopoeia, was a medieval alchemist’s dream, based on the similar density of the two metals, but modern science clarified that they are distinct chemical elements and chemical methods cannot achieve such a transformation.

Mechanism of Transmutation

  • Gold nuclei (Au-203) are created when three protons and two neutrons are ejected from lead nuclei (Pb-208) during ultra-peripheral collisions in the LHC, where nuclei pass close without directly colliding.
  • These near-miss collisions generate strong electromagnetic fields due to the 82 protons in each lead nucleus moving at 99.999993% of the speed of light, compressing the field into a short-lived photon pulse.
  • The process, called electromagnetic dissociation, triggers internal nuclear oscillations, causing the emission of protons and neutrons.

Role of ALICE Detector and ZDC

  • The ALICE detector utilises Zero Degree Calorimeters (ZDCs) to identify photon–nucleus interactions and detect the ejection of zero, one, two, or three protons, linked to the formation of lead, thallium, mercury, and gold, respectively.
  • This is the first systematic experimental detection of gold creation at the LHC, thanks to ALICE’s high precision in recording both high-energy and rare low-particle collisions.

About the Large Hadron Collider (LHC)

  • The LHC is the world’s largest and most powerful particle accelerator, built by CERN to study fundamental particles and test predictions of the Standard Model.
  • It consists of a 27-kilometre circular ring with superconducting magnets and accelerating structures, located on the Franco-Swiss border near Geneva.
  • Inside, two beams of hadrons (usually protons or lead nuclei) are accelerated to 99.999999% the speed of light in opposite directions, then made to collide at four detector sites: ALICE, ATLAS, CMS, and LHCb.

About CERN

  • CERN (European Organisation for Nuclear Research) was established in 1954 as Europe’s first joint scientific venture after WWII.
  • It is headquartered near Geneva, with 23 member states and 10 associate members, including India as an Associate Member.
  • CERN is dedicated to collaborative high-energy particle physics research and houses the LHC and its associated detectors.

Lead-to-Gold Transmutation FAQs

Q1. What is ALICE in the context of CERN?
Ans. ALICE (A Large Ion Collider Experiment) is a major detector at CERN’s Large Hadron Collider (LHC), designed to study heavy-ion collisions and investigate conditions similar to those just after the Big Bang.

Q2. Where is CERN located, and why is it relevant to India?
Ans. CERN is located on the Franco–Swiss border, and India is an associate member of CERN, contributing to research and scientific collaboration.

Source: PHY

 

 

 

India’s Air Defence Systems: Operations, Response to Pakistan, and HAROP Strike Explained

India’s Air Defence Systems: Operations, Response to Pakistan, and HAROP Strike Explained

What’s in Today’s Article?

  • Air Defence Systems Latest News
  • Air Defence System Operations
  • Methods of Interception in Air Defence Systems
  • India's Air Defence Response to Pakistani Attacks
  • Use of HAROP Loitering Munition in Operation Sindoor
  • Air Defence Systems FAQs

Air Defence Systems Latest News

  • India thwarted Pakistani attacks, targeted multiple Pakistani air defence systems, reportedly neutralising one in Lahore. The Indian Army stated that its response matched Pakistan's in domain and intensity. 
  • Air defence systems are crucial in modern warfare for protecting against enemy air strikes, and disabling them exposes a nation to aerial attacks, as seen in Pakistan’s inability to inflict damage on India.

Air Defence System Operations

  • The main goal of an air defence system is to eliminate aerial threats such as enemy fighter aircraft, drones, and missiles.

Components of an Air Defence System

  • An effective system integrates radars, control centres, defensive fighter aircraft, ground-based missile and artillery units, and electronic warfare tools.

Key Operations of Air Defence

  • Detection
    • Radars (and sometimes satellites) identify incoming threats by emitting electromagnetic waves, which bounce off objects like aircraft and return to receivers, helping determine their distance, speed, and type.
  • Tracking
    • After detection, threats are continuously tracked using radar and other sensors (infrared cameras, laser rangefinders). This process helps manage multiple threats in real-time and avoids friendly fire.
  • Interception
    • Based on the threat’s nature (type, range, speed), air defence systems launch appropriate countermeasures to neutralise it.

Role of C3 (Command, Control, Communication)

  • For all three operations to function seamlessly, a strong C3 system is essential. 
  • It ensures quick and accurate decision-making, coordination, and execution during engagements.

Methods of Interception in Air Defence Systems

  • Fighter Aircraft (Interceptors)
    • Purpose: Engage and neutralise enemy aircraft, especially bombers, before they can strike.
    • Features: Equipped with cannons, rockets, visual- and beyond-visual-range missiles, and electronic warfare (EW) systems.
    • Capabilities: Fast scramble, rapid climb, agile combat.
    • Indian Examples: MiG-21 Bison, MiG-29, Su-30MKI, HAL Tejas, Dassault Rafale.
  • Surface-to-Air Missiles (SAMs)
    • Role: Primary weapon in most modern air defence systems, safer and more versatile than aircraft.
    • Types (Unofficial Classification):
      • Heavy Long-Range SAMs: Fixed/semi-mobile; e.g., S-400 (targets hundreds of km away).
      • Medium-Range SAMs: Mobile, quick-launch; e.g., Akash, Barak.
      • Short-Range (MANPADS): Man-portable; effective against drones, helicopters, low-flying jets.
    • Guidance Systems: Radar, infrared, or laser-guided.
    • Deployment: Land-based or ship-launched.
  • Anti-Aircraft Artillery (AAA)
    • Role: Once dominant, now a secondary but still valuable defence against low-altitude threats.
    • Capabilities: Fires over 1,000 rounds per minute; shells explode at preset altitudes, creating shrapnel fields.
    • Use Cases: Last-ditch defence, anti-drone roles, and in environments where SAMs are less practical.
  • Electronic Warfare (EW)
    • Purpose: Neutralise threats without physical destruction by manipulating the electromagnetic spectrum.
    • Methods:
      • Jamming enemy radars and targeting systems.
      • Disrupting guidance of missiles and drones.
    • Platforms: Land-based units and specialised aircraft like the Boeing EA-18G Growler.
    • Effects: Confuses and misguides incoming threats, reducing their effectiveness.

India's Air Defence Response to Pakistani Attacks

  • On May 8, Pakistan launched a coordinated attack with drones and missiles targeting 15 Indian military bases and cities.
  • The Indian Air Force (IAF) swiftly activated its Integrated Counter-UAS Grid and air defence systems, successfully intercepting and neutralizing the threats.

Key Air Defence Systems Deployed

  • S-400 Triumf: Deployed on the northern border; three squadrons received from Russia.
  • Barak 8 MRSAM: Medium-range system developed jointly with Israel.
  • Akash: Indigenous Indian missile system.
  • S-125 Pechora: Legacy Russian system still in active use.
  • Guns, Radars, and Electronic Warfare Systems: Used to track and destroy UAVs and spoof enemy drones.

Integrated Counter-UAS Grid in Action

  • The IAF used jamming and spoofing techniques to mislead and neutralize UAVs.
  • The counter-UAS system forms a key part of India’s layered air defence strategy.
  • Debris from intercepted drones and missiles is currently being collected.

Use of HAROP Loitering Munition in Operation Sindoor

  • On May 8, India thwarted Pakistani retaliation and simultaneously targeted multiple Pakistani air defence systems, including one in Lahore.
  • HAROP loitering munitions, made by Israel, were reportedly used in the operation.

HAROP: A Modern Loitering Munition

  • Definition: Loiters near the target area before crashing into it with an explosive payload.
  • Nickname: Known as “suicide drones” or “kamikaze drones.”

Capabilities:

  • Equipped with nose-mounted cameras for target selection.
  • Some variants are recoverable if not used.
  • Capable of both autonomous and operator-assisted precision strikes.
  • Also used for target surveillance.

Israeli Origin and Battlefield Capabilities

  • Developer: Israeli Aerospace Industries (IAI).
  • Features:
    • Combines features of UAV and missile.
    • Effective against high-value targets like tanks, command posts, and air defence systems.
    • Endurance of up to 9 hours with 360° attack capability.
    • Immune to GNSS jamming, enhancing operability in hostile environments.
    • Launched from land or naval platforms, suitable for diverse terrains.

Air Defence Systems FAQs

Q1. What is the function of air defence systems?

Ans. Air defence systems detect, track, and intercept aerial threats like drones, aircraft, and missiles using radar and missiles.

Q2. How did India respond to Pakistan’s May 8 attack?

Ans. India deployed systems like S-400, Akash, and Barak, neutralizing threats using missiles, radars, and electronic warfare tools.

Q3. What is the HAROP loitering munition?

Ans. HAROP is an Israeli “kamikaze drone” that loiters and crashes into targets with high precision and explosive payload.

Q4. Which interception methods are used in air defence?

Ans. India uses fighter jets, SAMs, AAA guns, and electronic warfare for interception and neutralizing enemy aerial threats.

Q5. What is the role of electronic warfare in air defence?

Ans. Electronic warfare jams or misguides enemy radars, drones, and missiles without physical destruction, disrupting enemy attacks effectively.

Source: IE | IE | IE

India’s Maternal Mortality Ratio Witnesses Significant Decline

India’s Maternal Mortality Ratio Witnesses Significant Decline

What’s in Today’s Article?

  • Maternal Mortality Ratio Latest News
  • Introduction
  • Understanding the Maternal Mortality Ratio
  • Current Trends and Regional Disparities
  • Major Causes of Maternal Death
  • Government Initiatives Driving Improvement
  • Challenges That Still Need Attention
  • India’s Maternal Mortality Ratio FAQs

Maternal Mortality Ratio Latest News

  • The Maternal Mortality Ratio (MMR) in India declined to 93 per lakh live births in 2019-21 from 97 in 2018-20, and 103 in 2017-2019, according to the latest data released by the Office of the Registrar General and Census Commissioner of India.

Introduction

  • India has made notable progress in improving maternal health, as reflected in the latest Maternal Mortality Ratio (MMR) statistics. 
  • According to data released by the Office of the Registrar General and Census Commissioner of India, the MMR has declined to 93 per 1 lakh live births during 2019-21, down from 97 in 2018-20 and 103 in 2017-19. 
  • This sustained reduction highlights the combined efforts of government policies, healthcare infrastructure improvements, and increased awareness of maternal health services.

Understanding the Maternal Mortality Ratio

  • The Maternal Mortality Ratio (MMR) is a critical indicator of the reproductive health of women in a country. 
  • It is defined as the number of maternal deaths per 100,000 live births during a specific time period
  • Maternal death is classified by the World Health Organization (WHO) as the death of a woman during pregnancy or within 42 days of the termination of pregnancy, from any cause related to or aggravated by pregnancy or its management.
  • The Sustainable Development Goals (SDGs) set by the United Nations aim to reduce the global MMR to less than 70 per 100,000 live births by 2030. India’s declining trend is a positive step toward achieving this target.

Current Trends and Regional Disparities

  • Despite the overall decline in India’s MMR, certain states continue to report alarmingly high maternal death rates. The highest MMR figures were recorded in:
    • Madhya Pradesh: 175
    • Assam: 167
    • Uttar Pradesh: 151
    • Odisha: 135
    • Chhattisgarh: 132
    • West Bengal: 109
    • Haryana: 106
  • The data also reveal that the highest number of maternal deaths occur in the 20-29 years age group, followed by the 30-34 years age group. 
  • These statistics underline the importance of focusing on women’s health during their peak reproductive years.

Major Causes of Maternal Death

  • According to the WHO, more than 700 women globally die every day due to preventable causes related to pregnancy and childbirth. In 2023 alone, maternal deaths occurred almost every two minutes worldwide. Key factors contributing to maternal deaths in India include:
    • Complications during pregnancy and childbirth
    • Unsafe abortions
    • Lack of timely medical intervention
    • Inadequate access to skilled healthcare professionals
  • Low- and lower-middle-income countries, including parts of India, account for over 90% of maternal deaths globally.

Government Initiatives Driving Improvement

  • India’s progress in reducing MMR can be attributed to various flagship programs and healthcare initiatives, including:
    • Pradhan Mantri Surakshit Matritva Abhiyan (PMSMA): Providing quality antenatal care to pregnant women on a fixed day every month.
    • Janani Suraksha Yojana (JSY): Promoting institutional deliveries to ensure safe childbirth.
    • Ayushman Bharat - Health and Wellness Centres: Providing comprehensive primary healthcare services, including maternal and child health services.
    • POSHAN Abhiyaan: Focused on improving nutritional outcomes for pregnant women and children.
  • These schemes have enhanced institutional deliveries, expanded access to skilled birth attendants, and improved antenatal and postnatal care.

Challenges That Still Need Attention

  • While the declining MMR trend is promising, several challenges remain:
    • High MMR persists in economically weaker states due to poor healthcare infrastructure.
    • Rural and remote areas still lack adequate access to emergency obstetric care.
    • Awareness about government schemes and maternal health services remains low among marginalized communities.
    • Addressing these issues is essential to sustain the momentum and achieve the SDG targets by 2030.

India’s Maternal Mortality Ratio FAQs

Q1. What is the current MMR in India?

Ans. The latest MMR in India stands at 93 per 1 lakh live births for the period 2019-21.

Q2. Which states have the highest MMR in India?

Ans. Madhya Pradesh, Assam, and Uttar Pradesh report the highest MMR figures.

Q3. What age group records the highest maternal mortality?

Ans. The highest maternal mortality is observed in the 20-29 years age group.

Q4. What is India’s target for MMR under the Sustainable Development Goals?

Ans. India aims to reduce the MMR to less than 70 per 100,000 live births by 2030.

Q5. Which government schemes have helped reduce maternal mortality?

Ans. Schemes like Janani Suraksha Yojana, PMSMA, and Ayushman Bharat have played a crucial role.


Source: TH

United Nations Forum on Forests (UNFF20)

United Nations Forum on Forests

United Nations Forum on Forests (UNFF20) Latest News

Recently, India actively participated in the 20th Session of the United Nations Forum on Forests (UNFF20), held at the United Nations Headquarters in New York.

About the United Nations Forum on Forests (UNFF)

  • The United Nations Forum on Forests (UNFF) was established in 2000 by the UN Economic and Social Council (ECOSOC) to promote sustainable forest management and conservation worldwide.
  • The forum holds annual sessions at the UN Headquarters, alternating between technical discussions (odd years) and policy-level dialogues (even years).
  • UNFF has universal membership, including all UN Member States and specialised forest-related agencies.
  • India is a founding member of the UNFF, and continues to play a proactive role in shaping forest-related global policy.
  • The 19th UNFF Session Declaration aimed to secure high-level political commitment to forest protection, with actionable steps to achieve the goals of the UN Strategic Plan for Forests (UNSPF).

India at United Nations Forum on Forests (UNFF20)

  • The Indian delegation highlighted the country’s achievements in forest conservation and sustainable forest management, reaffirming its commitment to the Voluntary National Contributions (VNCs) under the United Nations Strategic Plan for Forests (UNSPF) 2017–2030.
  • India reported a steady increase in forest and tree cover, which now stands at 25.17% of its geographical area, as per the latest India State of Forest Report.
  • Among the key national initiatives mentioned were:
    • Aravalli Green Wall project for land restoration,
    • 7.86% increase in mangrove cover over the past decade,
    • Afforestation of over 1.55 lakh hectares under the Green India Mission, and
    • Planting of 1.4 billion seedlings under the Ek Ped Maa Ke Naam (Plant4Mother) campaign.
  • A major highlight was India’s invitation to all UN Member States to join the International Big Cat Alliance (IBCA), a global platform initiated by India to protect the seven big cat species through collaborative research, knowledge exchange, and capacity-building.
  • These studies focused on quantifying ecosystem services like carbon sequestrationwater provisioning, and biodiversity conservation, using tools such as the System of Environmental-Economic Accounting (SEEA) and the Millennium Ecosystem Assessment (MEA).

United Nations Forum on Forests (UNFF20) FAQs

Q1. What is the United Nations Forum on Forests (UNFF)?
Ans. It is a functional commission of the UN Economic and Social Council (ECOSOC) focused on promoting sustainable forest management.

Q2. Where was UNFF20 held and when?
Ans. UNFF20 was held in May 2025 at the United Nations Headquarters, New York.

Source: PIB

 

India Releases Draft Climate Finance Taxonomy to Boost Clean Energy Investment

India Releases Draft Climate Finance Taxonomy to Boost Clean Energy Investment

What’s in Today’s Article?

  • Climate Finance Taxonomy Latest News
  • India’s Draft Climate Finance Taxonomy Framework
  • India’s Climate Adaptation and Energy Investment Targets
  • Climate Finance Taxonomy FAQs

Climate Finance Taxonomy Latest News

  • The Finance Ministry has released a draft document titled ‘Framework of India’s Climate Finance Taxonomy’ aimed at guiding investments towards clean energy and climate-resilient infrastructure. 
  • The taxonomy is intended to provide clear definitions and criteria for identifying environmentally sustainable projects.

India’s Draft Climate Finance Taxonomy Framework

  • The Finance Ministry has released a draft ‘Framework of India’s Climate Finance Taxonomy’ to guide investments into clean energy and climate-resilient infrastructure. 
  • It aims to:
    • Classify economic activities as sustainable or transitional.
    • Encourage climate-friendly technologies.
    • Prevent greenwashing.
      • Greenwashing refers to the deceptive practice of making unverified or exaggerated claims about environmental or climate-friendly actions.
      • It misrepresents actual progress on climate change, encouraging irresponsible actions while falsely rewarding entities for their "environmental efforts."
    • Align with India’s twin goals: Net Zero by 2070 and Viksit Bharat by 2047.

Principles of the Climate Finance Taxonomy

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Purpose and Global Relevance

  • It acts as a tool for investors and banks to identify credible green investments.
  • Supports India’s stance in global climate negotiations by setting a national standard for defining ‘climate finance.’
  • Responds to international disputes where developed countries often overstate contributions to developing nations.

Categories of Climate Activities

  • Climate Supportive: Activities that directly reduce greenhouse gas emissions or improve climate resilience.
  • Climate Transition: Activities that help reduce emissions intensity in hard-to-abate sectors like iron, steel, and cement.

Key Sectors Covered

  • Power generation
  • Buildings and infrastructure
  • Mobility/transport
  • Agriculture and food systems
  • Water security and resource management

India’s Climate Adaptation and Energy Investment Targets

  • Massive Scale-Up in Power Generation Capacity
    • Target Capacity: Increase installed power capacity from 470.4 GW (Feb 2025) to 777.14 GW by 2029–2049.
    • Technology Focus: Prioritize investment in Advanced Ultra Super Critical (AUSC) thermal power plants.
      • AUSC plants offer 46% efficiency, compared to:
        • Subcritical: ~38%
        • Supercritical: ~41–42%
  • Goal: Achieve higher efficiency and lower emissions in thermal energy generation.
  • Climate Adaptation Investment Requirement
    • Total Investment Needed: Based on India’s Initial Adaptation Communication to the UN (December 2023), India needs ₹56.68 trillion (≈ USD 648.5 billion) by 2030 (based on 2023–24 prices).
    • Sectors Covered:
      • Agriculture
      • Forestry
      • Fisheries
      • Infrastructure
      • Water resources
      • Ecosystems
  • Purpose: Fund adaptation actions to minimize adverse impacts of climate change.

Climate Finance Taxonomy FAQs

Q1. What is India’s Climate Finance Taxonomy?

Ans. It’s a framework to classify and guide investments into environmentally sustainable and climate-resilient economic activities.

Q2. Why was the climate taxonomy released?

Ans. To attract green investments, prevent greenwashing, and align with India’s Net Zero and Viksit Bharat goals.

Q3. What sectors are covered under the taxonomy?

Ans. Power, buildings, transport, agriculture, food systems, water security, and infrastructure are included in the climate investment focus.

Q4. How much adaptation investment does India require by 2030?

Ans. India needs ₹56.68 trillion for adaptation in agriculture, ecosystems, water, fisheries, and infrastructure by 2030.

Q5. What technologies are prioritized for clean energy?

Ans. Advanced Ultra Super Critical (AUSC) thermal power plants are preferred for higher efficiency and reduced emissions.


Source: TH | PIB | DEA

Chile

Chile

Chile Latest News

Recently, India and Chile signed the Terms of Reference (ToR) to begin negotiations for a Comprehensive Economic Partnership Agreement (CEPA).

Key Facts about Chile

  • Location and Borders: Located in South America, Chile is a long, narrow country bordered by:
    • Peru and Bolivia to the North,
    • Argentina to the East,
    • Pacific Ocean to the West.
  • The Argentina–Chile border is the longest in South America and the third-longest globally.
  • Key Geographical Features:
    • Andes Mountains: The World's longest continental mountain range.
    • Atacama DesertDriest non-polar desert in the world.
    • Loa River: Chile’s longest river (approx. 440 km).
    • Ojos del Salado: The World’s highest active volcano and 2nd highest peak in South America (6,880 m).
    • Frequent earthquakes and tsunamis due to Chile's location on the Pacific Ring of Fire.
  • Economic Resources:
    • The World’s largest copper producer.
    • Member of the “Lithium Triangle” (with Argentina and Bolivia), holding over 75% of global lithium reserves under salt flats.
    • Other resources include molybdenum, iron ore, timber, hydropower, and precious metals.

Chile FAQs

Q1. Where is Chile located?
Ans. Chile is a long, narrow country in South America, bordered by the Pacific Ocean to the west and the Andes Mountains to the east.

Q2. What type of government does Chile have?
Ans. Chile is a presidential republic, with a multi-party system and democratic elections.

Q3. What is Chile known for in the global economy?
Ans. Chile is a leading global exporter of copper, lithium, and wine.

Source: PIB

 

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