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  • The Union Budget as a turning point for climate action

    Why in the News?

    Everyone will be watching Finance Minister Nirmala Sitharaman on February 1 as she presents the FY26 Budget, which needs to focus on climate issues and help India reach its Net-Zero goal by 2030.

    How will the proposed climate finance taxonomy influence investment in sustainable projects?

    • Standardization and Clarity: The proposed climate finance taxonomy will standardize definitions of green finance, providing clarity and reducing ambiguity for investors. This will help in distinguishing genuinely sustainable projects from those that are not, thereby building investor confidence.
    A green finance taxonomy is a classification system that defines which activities, investments, or projects are considered “green” or environmentally sustainable.
    • Increased Investment: By standardizing green finance definitions, the taxonomy can attract a significant portion of the ₹162.5 trillion ($2.5 trillion) needed to achieve India’s Nationally Determined Contributions (NDCs) by 2030. This is crucial for scaling up investments in sustainable projects.
    • Market Readiness: The taxonomy will necessitate the development of institutional and technical infrastructure, including market readiness programs, verification systems, and capacity building of financial institutions. This will create a robust ecosystem for green investments.
    • Differential Tax Treatment: The Budget could introduce differential tax treatment for investments aligned with the taxonomy, making green investments more attractive compared to conventional ones.

    What specific measures are needed to incentivize green investments in the upcoming budget?

    • Expanding PLI Schemes for Solar Module Supply Chain: India’s domestic solar module manufacturing capacity stands at 18-20 GW, while the annual demand is 30-35 GW. Imported solar panels are 65% cheaper than domestically produced ones.
      • So, need to expand the scope of PLI schemes can enhance domestic capacity and reduce dependency on imports.
    • Public-Private Partnerships for Railway Renewable Energy: Indian Railways has 51,000 hectares of land available for renewable energy projects, yet only 142 MW of solar capacity has been installed so far, against a potential of 5 GW. Public-private partnerships can unlock this potential and align with the Railways’ decarbonization goals.
    • Establishing a Climate Action Fund for CBAM Compliance: India’s exports of CBAM-covered products to the EU amount to $8.22 billion annually. MSMEs, which contribute 30% of GDP and 45% of exports, often lack resources for decarbonization. A dedicated Climate Action Fund could support MSMEs in meeting compliance requirements and maintaining competitiveness.
    • Fiscal Allocations for the RESCO Model: Only 6.34 lakh (4.37%) of 1.45 crore registrations under the PM Surya Ghar Muft Bijlee Yojana have been completed. Additionally, 60% of Indian households find rooftop solar installations unaffordable due to upfront costs.
      • The RESCO model can help by enabling financing solutions to bridge this affordability gap.
    • Tax Deductions and Depreciation Benefits for Circular Economy: India generates 62 million tonnes of waste annually, with only 30% being recycled. Transitioning to a circular economy could contribute ₹40 lakh crore ($624 billion) annually by 2050.
      • Tax incentives and accelerated depreciation benefits can encourage private sector participation in recycling and resource efficiency.

    What are the steps taken by the Government of India? 

    • National Action Plan on Climate Change (NAPCC): Launched in 2008, this comprehensive framework includes eight missions aimed at addressing climate change through renewable energy promotion, enhanced energy efficiency, sustainable habitat development, and more.
      • Key missions include the National Solar Mission and the Green India Mission, which focus on increasing solar energy usage and enhancing forest cover, respectively.
    • Commitment to Renewable Energy: India aims to achieve 500 GW of non-fossil fuel energy capacity by 2030 and has pledged to reduce total projected carbon emissions by one billion tonnes.
    • Adaptation and Resilience Initiatives: The government has established the National Adaptation Fund on Climate Change (NAFCC) to support projects that enhance resilience against climate impacts.
      • On the other hand, the State Action Plan on Climate Change (SAPCC) aligns with NAPCC objectives, focusing on sector-specific adaptations in agriculture, water management, and biodiversity.

    How can India ensure accountability and transparency in its climate financing efforts? (Way forward)

    • Sovereign Green Bond Framework: Establish a sovereign green bond framework specifically for financing circular economy infrastructure, ensuring that funds are allocated transparently and used for their intended purposes.
    • Verification Systems: Implement robust verification systems to ensure that projects funded through green finance taxonomy are genuinely sustainable and meet the required environmental standards.
    • Capacity Building: Invest in capacity building of financial institutions to effectively implement the climate finance taxonomy, including training programs and technical support.
    • Government Expenditure Classification: Commit to classifying government expenditure according to green criteria, ensuring that public funds are directed towards sustainable projects.
    • Regular Reporting and Audits: Mandate regular reporting and audits of climate-related expenditures and projects to ensure accountability and transparency. This will help in tracking progress and making necessary adjustments to policies and allocations.

    Mains PYQ:

    Q  ‘Clean energy is the order of the day.’ Describe briefly India’s changing policy towards climate change in various international fora in the context of geopolitics. (UPSC IAS/2022)

  • Indore and Udaipur earn global recognition for ‘Wetland Conservation’ Efforts

    Why in the News?

    Prime Minister recently commended Indore and Udaipur for earning a spot in the prestigious list of 31 Wetland Accredited Cities (WCA) worldwide under the Ramsar Convention on Wetlands.

    Key Highlights of Indore and Udaipur

    • Indore:
      • Known as India’s cleanest city and recipient of Smart City 2023 Award.
      • Sirpur Lake, a Ramsar site, supports large water bird congregations and is being developed as a bird sanctuary.
      • Over 200 wetland mitras are actively involved in conservation efforts, particularly protecting the Sarus Crane.
    • Udaipur:
      • Famous for its picturesque lakes, including Pichola, Fateh Sagar, Rang Sagar, Swaroop Sagar, and Doodh Talai.
      • These wetlands are vital for maintaining the city’s microclimate and providing a buffer against extreme weather events.

    About Wetland City Accreditation (WCA)

    • It was introduced during COP 12 (2015) of the Ramsar Convention to recognize cities that take exceptional steps in wetland conservation and sustainable management.
    • Objective: To promote the conservation and wise use of urban and peri-urban wetlands while fostering socio-economic benefits for local populations.
    • The accreditation is valid for 6 years.

    Criteria for WCA:

    Cities must meet specific standards set by the Ramsar Convention, including:

    • Presence of one or more Ramsar sites or significant wetlands.
    • Implementation of wetland conservation measures and restoration initiatives.
    • Integration of wetlands into land-use planning.
    • Raising public awareness about the importance of wetlands.
    • Establishing local committees with expertise in wetland management.
    • Having strong laws and policies to prevent wetland degradation.

    India’s Efforts in Wetland Conservation

    • India became a Ramsar Convention member in 1982, with 85 Ramsar sites covering 13,58,068 hectares (10% of India’s wetland area).
    • India initially designated 26 Ramsar sites (1982–2013) and added 59 more since 2014, reflecting a growing commitment to wetland preservation.
    • Tamil Nadu leads with 18 Ramsar sites, followed by Uttar Pradesh (10 sites).
    • Global Leadership Wetland Conservation:
      • UK has the highest number of Ramsar sites (175), followed by Mexico (142).
      • Bolivia has the largest area under Ramsar protection (148,000 sq. km).

    Interesting Facts about Indian Wetlands:

    • India’s wetlands cover 1,52,600 sq. km, constituting 4.63% of its geographical area (ISRO data).
    • Gujarat has the largest wetland area, followed by Andhra Pradesh, Uttar Pradesh, and West Bengal.
    • Ramsar Wetlands of International Importance:
      • Examples include Chilika Lake (Odisha), Sundarbans (West Bengal), and Keoladeo National Park (Rajasthan).

     

    PYQ:

    [2014] If a wetland of international importance is brought under the ‘Montreux Record’, what does it imply?

    (a) Changes in ecological character have occurred, are occurring or are likely to occur in the wetland as a result of human interference.
    (b) The country in which the wetland is located should enact a law to prohibit any human activity within five kilometres from the edge of the wetland.
    (c) The survival of the wetland depends on the cultural practices and traditions of certain communities living in its vicinity and therefore the cultural diversity therein should not be destroyed.
    (d) It is given the status of ‘World Heritage Site.’

  • SEBI proposes sachetization of mutual funds to boost financial inclusion

    Why in the News?

    SEBI is collaborating with the mutual fund industry to find ways to make monthly SIPs of just Rs 250 possible, aiming to encourage more people from lower-income groups to invest in mutual funds.

    What is Sachetisation?

    • Sachetisation refers to offering products in small, affordable units, making them accessible to a broader consumer base, especially those in price-sensitive segments.
    • The term originated from the FMCG (Fast Moving Consumer Goods) sector, where products like shampoos were made available in small sachets at low prices to cater to low-income consumers.
    • SEBI is now proposing a similar approach for mutual funds, allowing small-ticket investments through SIPs (Systematic Investment Plans) with low monthly amounts (such as Rs 250).

    What are the significances of Sachetisation?

    • Affordable Financial Products: Just as small sachets of consumer goods made them accessible to lower-income groups, small-ticket SIPs in mutual funds can make investment opportunities available to a larger section of the population, particularly those who may not have the financial capacity to invest larger amounts.
    • Promoting Financial Empowerment: By lowering the entry barrier for mutual fund investments, sachetisation can help empower underserved communities and individuals by enabling them to participate in the growing financial markets and benefit from the potential returns.
    • Expanding Reach: This approach would encourage mutual fund companies to expand their reach to remote locations, helping them penetrate rural and low-income markets, and promote a wider culture of saving and investing.
    • Financial Inclusion for the Bottom of the Pyramid: The primary target of sachetisation in mutual funds is low-income groups that have limited access to traditional investment products. By offering small, regular investments, SEBI aims to promote financial inclusion at the grassroots level.

    How does it work?

    • SEBI has proposed introducing small ticket SIPs at Rs 250 per month, which would allow new investors from low-income groups to participate in mutual funds without the burden of higher minimum investment requirements. This contrasts with existing schemes that often require a minimum SIP of Rs 500 or more.
    • Investors can commit to a small ticket SIP for a duration of five years (60 installments), although they have the flexibility to withdraw or stop their investments without restrictions if needed. This structure encourages consistent investment while providing an exit option for investors.
    • To facilitate the success of small ticket SIPs, SEBI plans to implement discounted rates for intermediaries and reimburse certain costs from the Investor Education and Awareness Fund. This will help asset management companies (AMCs) break even more quickly on their investments in these small ticket offerings.
    • The sachetised SIPs will be available under specific mutual fund schemes, excluding high-risk options like small-cap and mid-cap equity schemes, which are deemed unsuitable for new investors from lower-income backgrounds. This targeted approach aims to safeguard these investors while still encouraging their entry into the market.
    • To further promote financial inclusion, SEBI proposes incentives for distributors who successfully guide investors through 24 instalments of the small ticket SIP, thereby enhancing participation and support for new investors in mutual funds.

    Conclusion: The strategy could result in a significant increase in domestic investor participation, contributing to the resilience of India’s equity market and fostering long-term financial stability.

    Mains PYQ:

    Q Comment on the important changes introduced in respect of the Long term Capital Gains Tax (LCGT) and Dividend Distribution Tax (DDT) in the Union Budget for 2018-2019. (UPSC IAS/2018)

  • IWAI sets up new Regional Office at Varanasi

    Why in the News?

    The Inland Waterways Authority of India (IWAI), under the Union Ministry of Ports, Shipping, and Waterways, upgraded its sub-office in Varanasi to a full-fledged Regional Office. This move aims to strengthen the implementation of Inland Water Transport (IWT) activities in National Waterway-1 (NW-1), covering the Ganga River, and other waterways in Uttar Pradesh.

    IWAI’s Regional Expansion:

    • Varanasi becomes IWAI’s 6th regional office, joining those in Guwahati, Patna, Kochi, Bhubaneswar, and Kolkata.
    • Capacity augmentation is also underway for NW-2 (Brahmaputra River), NW-3 (West Coast Canal), and NW-16 (Barak River).

    Important Projects by IWAI: 

    • Jal Marg Vikas Project (JMVP): A World Bank-supported initiative aimed at capacity augmentation of NW-1 through:
    • River conservancy works like bandalling and maintenance dredging.
    • Construction of key infrastructure, including:
      • Multi-Modal Terminals (MMTs): Varanasi, Sahibganj, and Haldia.
      • Inter-Modal Terminal: Kalughat.
      • Navigational Lock: Farakka, West Bengal.
    • Development of 60 community jetties across Uttar Pradesh, Bihar, Jharkhand, and West Bengal to support local communities like farmers, artisans, and fishermen.

    About Inland Waterways Authority of India

    • Established in 1986 under the Inland Waterways Authority of India Act, 1985.
    • Headquarters: Noida, Uttar Pradesh.
    • Objective: To reduce the underutilization of India’s 14,500 kilometers of navigable waterways, which account for just 2% of the transportation mix.
    • Structural Mandate:
      • Responsible for regulating and developing inland waterways for shipping and navigation.
      • Develops and maintains Inland Water Transport (IWT) infrastructure on national waterways with grants from the Ministry of Shipping.
      • Ensures safe and efficient navigation to integrate waterways into the national transport system.
    • Powers and Functions:
      • Planning and Execution: Implements and maintains navigation and shipping infrastructure projects.
      • National Waterways Management: Oversees 111 national waterways under the National Waterways Act, 2016.
      • Infrastructure Development: Focuses on dredging, terminal construction, and maintaining year-round navigability for vessels.

    PYQ:

    [2016] Enumerate the problems and prospects of inland water transport in India.

  • Nahargarh Wildlife Sanctuary

    Why in the News?

    The Forest Department of Rajasthan has initiated efforts to revise the boundaries of the Nahargarh Wildlife Sanctuary to address existing legal and administrative complications.

    Nahargarh Wildlife Sanctuary

    About the Nahargarh Wildlife Sanctuary

    • It was established in 1980, Nahargarh Wildlife Sanctuary is located in Jaipur, Rajasthan.
    • It is named after the nearby Nahargarh Fort, which overlooks the sanctuary.
    • It is a significant part of the Ranthambore Tiger Reserve corridor, providing a habitat for wildlife movement.
    • Geographical Features:
      • It is situated in the Aravalli hills, close to Jaipur city, offering a natural escape amidst urban surroundings.
      • Its area spans approximately 50 square kilometres, featuring rugged terrain with hills, valleys, and plateaus.
      • It has seasonal streams and waterholes that serve as vital water sources for wildlife.
    • Flora and Fauna:
      • Flora: Comprises dry deciduous and thorny scrub forests, typical of the Aravalli range; Key tree species include Dhok, Babool, Khejri, and Ber; Grassy patches and scattered shrubs provide a diverse ecosystem for herbivores.
      • Fauna: Fauna: Includes leopards, hyenas, wild boars, jackals, sambars, chitals, peacocks, partridges, migratory birds, monitor lizards, snakes, turtles, and various pollinators.

    PYQ:

    [2012] In which one among the following categories of protected areas in India are local people not allowed to collect and use the biomass?

    (a) Biosphere Reserves

    (b) National Parks

    (c) Wetlands declared under Ramsar Convention

    (d) Wildlife Sanctuaries

  • What is Stargardt Disease?

    Why in the News?

    Researchers have created a gene-editing tool to fix ABCA4 gene mutations, offering hope for treating Stargardt disease, a rare condition that causes progressive vision loss.

    What is Stargardt Disease?

    • Stargardt Disease is a rare inherited eye disorder that causes progressive vision loss, primarily affecting the central part of the retina, called the macula.
    • It is typically caused by mutations in the ABCA4 gene, which disrupts the body’s ability to use Vitamin A, leading to an excessive buildup of lipofuscin (yellowish-brown pigment) in retinal cells.
    • The disease commonly begins in childhood or early adulthood and is usually bilateral, involving both eyes.
    • Currently, there is no cure for Stargardt Disease.

    Symptoms of Stargardt Disease

    • Progressive vision loss, particularly affecting central vision.
    • Difficulty seeing in low light (night blindness).
    • Blurred or distorted vision, with colors appearing less vivid.
    • Appearance of dark spots or areas of vision loss in the central visual field.
    • Gradual deterioration of visual acuity, leading to potential legal blindness.

    Present Scenario in India

    • According to a 2023 study by L.V. Prasad Eye Institute, Hyderabad:
      • The disease predominantly affects males and typically manifests during the second decade of life.
      • Estimated prevalence: 1 in 8,000 to 10,000 individuals.
      • 10.79% of patients had a family history of Stargardt disease, while 10.69% were from consanguineous marriages.
    • In India, Stargardt disease is a not uncommon hereditary condition, with limited treatment options available.
  • With 7 fresh members from Africa, Global Plastic Action Partnership expands to 25 countries: WEF

    Why in the News?

    The Global Plastic Action Partnership (GPAP), an initiative of the World Economic Forum, has reached a significant milestone by expanding its network to include 25 countries.  This expansion introduces seven new members: Angola, Bangladesh, Gabon, Guatemala, Kenya, Senegal, and Tanzania, which together represent a population of more than 1.5 billion people.

    What is the Global Plastic Action Partnership (GPAP)?

    • The Global Plastic Action Partnership (GPAP) is an initiative launched by the World Economic Forum aimed at combating plastic pollution worldwide.
    • It focuses on promoting a circular economy for plastics, emphasizing reuse, recycling, and sustainable management to mitigate the environmental impacts of plastic waste.

    What are the key components of GPAP?

    • Governance and Structure: GPAP operates through a robust governance framework consisting of a Governing Council, Steering Board, and Advisory Committee, involving senior executives from founding organisations such as the World Economic Forum.
      • For example, in Indonesia, the governance structure facilitated the creation of the National Plastic Action Partnership (NPAP), which oversees the implementation of strategies to reduce marine plastic leakage.
    • National Action Roadmaps: GPAP collaborates with various stakeholders to create National Action Roadmaps tailored to specific countries.
      • For instance, Vietnam’s National Plastic Action Partnership launched its roadmap in 2022, targeting a 50% reduction in plastic waste by 2030 through strategies.
    • Investment Mobilization: GPAP focuses on aligning financial resources with plastic waste reduction goals. For example, in Ghana, GPAP worked with the government and private sector to attract investments for waste recycling infrastructure.
    • Global Collaboration Network: GPAP acts as a platform connecting stakeholders globally to address plastic pollution.
      • For example, it facilitated the sharing of best practices between countries like Indonesia and Ghana, allowing them to adopt innovative solutions such as advanced recycling technologies and extended producer responsibility (EPR) frameworks.

    What is the significance of expanding GPAP to include seven new African countries?

    • Strengthened Global Coalition: With this expansion, GPAP now encompasses 25 countries representing over 1.5 billion people, making it the largest global initiative focused on combating plastic pollution.
    • Addressing Urgent Environmental Challenges: The inclusion of these countries underscores a growing recognition of the urgent need to tackle plastic pollution, which poses severe threats to ecosystems, biodiversity, and human health.
    • Fostering Regional Collaboration: The addition of new African countries facilitates regional collaboration and knowledge sharing on best practices for waste management and recycling.
    • Economic Growth and Job Creation: GPAP’s initiatives are expected to stimulate economic growth through the promotion of sustainable materials and recycling infrastructure.
    • Commitment to Circular Economy Principles: The expansion reflects a commitment to advancing circular economy principles, which focus on reusing and recycling plastics rather than relying on single-use materials.

    What are the anticipated environmental and economic impacts of GPAP’s initiatives?

    • Decreased Greenhouse Gas Emissions: The initiative targets a reduction in greenhouse gas emissions associated with plastic production and waste management, which currently accounts for an estimated 1.8 billion tonnes annually. By promoting a circular economy, GPAP aims to mitigate emissions, particularly methane from landfills.
      • By implementing National Action Roadmaps, the partnership seeks to reduce annual land-based plastic leakage by approximately 80% by 2040 compared to business-as-usual scenarios.
      • By transitioning to a circular economy model, GPAP initiatives can help countries recover lost economic value from plastics, estimated at $80 billion to $120 billion annually due to inefficiencies in current systems.
    • Job Creation: GPAP’s efforts in developing sustainable waste management practices are expected to create significant employment opportunities, potentially generating up to 6 million green jobs globally by 2030. This includes safer jobs for informal waste workers who play a crucial role in recycling and waste management.
    • Investment Mobilization: The partnership has already mobilized substantial investments, such as $3.1 billion, aimed at supporting projects that tackle plastic waste. This influx of capital can stimulate local economies and drive innovation in sustainable materials and recycling technologies.

    Way forward: 

    • Strengthen Policy Frameworks and Partnerships: Collaborate with governments, private sectors, and civil society to establish robust policies to enforce regulations and promote extended producer responsibility (EPR) frameworks to drive systemic change.
    • Enhance Innovation and Infrastructure: Invest in advanced recycling technologies for scalable waste management infrastructure and research to develop sustainable alternatives, fostering a circular economy while creating green jobs and reducing plastic pollution.

    Prelims PYQ:

    In India, ‘extended producer responsibility’ was introduced as an important feature in which of the following ? (UPSC IAS/2019)

    (a) The Bio-medical Waste (Management and Handling) Rules, 1998

    (b) The Recycled Plastic (Manufacturing and Usage) Rules, 1999

    (c) The e-Waste (Management and Handling) Rules, 2011

    (d) The Food Safety and Standard Regulations, 2011

  • NITI Aayog releases Fiscal Health Index, 2025

    Why in the News?

    The NITI Aayog has launched the Fiscal Health Index (FHI), 2025 to provide a comprehensive assessment of the fiscal performance of 18 major states in India.

    What is the Fiscal Health Index (FHI)?

    • The FHI is an initiative by NITI Aayog to analyze the fiscal health of states and guide reforms for sustainable economic growth.
    • It evaluates states using a composite index derived from five key sub-indices:
    1. Quality of Expenditure
    2. Revenue Mobilization
    3. Fiscal Prudence
    4. Debt Index
    5. Debt Sustainability
    • The report uses data from the Comptroller and Auditor General of India (CAG) for the fiscal year 2022-23, supplemented by trends from 2014-15 to 2021-22.
    • FHI covers states contributing significantly to India’s GDP, demographics, public expenditure, and revenues.

    Key Highlights:

    • Top Performers:
      • Odisha: Ranked first (67.8), excelling in debt management and sustainability.
      • Chhattisgarh: Secured second position (55.2), showcasing strong fiscal prudence.
      • Goa: Achieved third place (53.6), reflecting balanced fiscal practices.
    • Underperformers:
      • Kerala: (29.7), struggling with poor debt sustainability and expenditure quality.
      • Punjab: (28.4), grappling with low revenue mobilization and high deficits.
      • West Bengal: (27.8), facing challenges in debt index and fiscal management.
      • Andhra Pradesh: (26.9), hindered by high fiscal deficits.
    • Regional Insights:
      • Southern States: Telangana leads (47.5), while Tamil Nadu (30.2), Kerala (29.7), and Andhra Pradesh (26.9) lag.
      • Developmental Expenditure: Top states allocate up to 73% of total expenditure to growth-focused activities.

    Significance

    • Promotes fiscal discipline through data-driven insights.
    • Guides state-specific reforms to address disparities.
    • Encourages healthy competition among states.
    • Supports cooperative federalism, aligning with “Viksit Bharat @2047”.
    • Tracks fiscal health annually to ensure continuous improvement.

    PYQ:

    [2015] The Government of India has established NITI Aayog to replace the (2015)

    (a) Human Rights Commission

    (b) Finance Commission

    (c) Law Commission

    (d) Planning Commission

  • India to launch first Human Underwater Submersible (Deep-Sea Manned Vehicle)

    Why in the News?

    India is set to launch its first human underwater submersible (deep-sea manned vehicle) in 2025, marking a significant achievement in the country’s scientific and technological journey.

    About the Submersible:

    • The submersible will initially operate at a depth of 500 meters, with the goal of reaching a depth of 6,000 meters by next year.
    • Part of the Deep Ocean Mission, the initiative focuses on exploring untapped underwater resources and advancing India’s blue economy.
    • The submersible is being developed using 100% indigenous technology, demonstrating India’s commitment to self-reliance in advanced science and innovation.
    • The mission aims to unlock vast underwater resources, including: Critical minerals, Rare metals and undiscovered marine biodiversity.

    About the Deep Ocean Mission (DOM):

    • DOM is an ambitious initiative by the Ministry of Earth Sciences (MoES) approved in 2021 to develop technologies for deep-sea exploration.
    • Part of the 9 missions under the Prime Minister’s Science, Technology, and Innovation Advisory Council (PMSTIAC).

    Important updates in DOM: Samudrayaan and Matsya6000:

    • Launched in 2021 under DOM, Samudrayaan is India’s flagship crewed expedition to reach a depth of 6,000 m in the Central Indian Ocean.
    • The mission will utilize Matsya6000, a deep-ocean submersible designed for a three-member crew.
      • Construction: Made from titanium alloy to endure pressures up to 6,000 bar.

    India’s Ocean Exploration Milestones:

    • 1981: Ocean studies began with a program on polymetallic nodules (PMN) initiated at CSIR-NIO, marked by the collection of the first nodule sample from the Arabian Sea aboard the research vessel Gaveshani.
    • 1987: India became the first country to receive Pioneer Investor status from the International Seabed Authority (ISA).
      • Allocated 1.5 lakh km² in the Central Indian Ocean Basin (CIOB) for nodule exploration, based on extensive surveys by CSIR-NIO.
    • 2002: India signed a contract with the ISA; after resource analysis, surrendered 50% of the allotted area, retaining 75,000 km².
    • Further studies narrowed the mining area to 18,000 km², identified as the First Generation Mine-site.
  • India becomes largest importer of Tea from Kenya

    Why in the News?

    India, the world’s second-largest tea producer after China, has become the largest importer of tea from Kenya, signaling a shift in global tea trade dynamics.

    Key Highlights of Tea Trade

    • Imports surged from 3.53 million kg in 2023 to 13.71 million kg in 2024, reflecting a significant 288% increase.
    • The average price of Kenyan tea imported to India was ₹156.73 per kg, significantly lower than ₹252.83 per kg fetched by Assam tea at auctions up to October 2024.
    • India’s tea exports increased by 13%, rising from 184.46 million kg in 2023 to 209.14 million kg in 2024.
    • Assam and West Bengal were major contributors to exports, accounting for the bulk of the tea exported.

    About Tea Board of India

    • The Tea Board of India was established in 1954 under the Tea Act, 1953, succeeding the Central Tea Board and Indian Tea Licensing Committee.
    • It was originally formed under the Indian Tea Cess Bill (1903) to promote Indian tea domestically and internationally.
    • It is headquartered in Kolkata, with 23 offices across India, including zonal, regional, and sub-regional offices.
    • It functions as a statutory body under the Ministry of Commerce and Industry, with 31 members, including representatives from Parliament, tea producers, traders, and trade unions.
    • Provides financial and technical assistance for tea cultivation, manufacturing, and marketing, supports R&D to improve tea quality, and monitors pesticide residue compliance.

    Tea Crop in India

    • Under the Treaty of Yandabo (1826), the East India Company gained control of Assam, laying the foundation for India’s commercial tea industry.
    • The British finally introduced tea to India in the 19th century to compete with China’s monopoly, establishing the first commercial tea garden in Chabua, Assam, in 1837.
    • Tea requires 20°C–30°C temperatures and 150–300 cm annual rainfall with slightly acidic, well-drained soil for optimal growth.
    • India is the second-largest tea producer globally and the largest consumer, accounting for 30% of global tea consumption, with major production in Assam, West Bengal, Tamil Nadu, and Kerala.

     

    PYQ:

    [2022] With reference to the “Tea Board” in India, consider the following statements:

    1. The Tea Board is a statutory body.
    2. It is a regulatory body attached to the Ministry of Agriculture and Farmers Welfare.
    3. The Tea Board’s Head Office is situated in Bengaluru.
    4. The Board has overseas offices at Dubai and Moscow.

    Which of the statements given above are correct?

    (a) 1 and 3

    (b) 2 and 4

    (c) 3 and 4

    (d) 1 and 4