Current Affairs
Stay updated with the latest national and international events.
06 February 2025
India’s Timely Contribution to the UN Regular Budget 2025
Current Affairs in Detail
- India paid USD 37.64 million to the UN Regular Budget for 2025 on January 31, 2025, meeting the 30-day deadline specified in UN financial regulations.
- This payment placed India on the UN’s “honour roll”, a list of 35 member states that fulfilled their financial obligations on time as of January 31, 2025.
- UN Spokesperson Stephane Dujarric acknowledged India’s contribution, stating, “We thank our friends in India”.
- UN General Assembly President Philemon Yang, ahead of his India visit (February 4–8, 2025), praised India’s consistent track record of paying dues in full and on time.
- India’s contribution reflects its commitment to multilateralism and global governance. The country has never defaulted on UN payments, reinforcing its reputation as a responsible global stakeholder.
Other Important Aspects
UN Regular Budget Structure:
- Funds the core administrative functions of the UN, including the General Assembly, Security Council, Secretariat, and human rights entities.
- Adopted annually and covers January 1 to December 31. Peacekeeping operations have a separate budget (July 1–June 30).
- Contributions are based on a “capacity-to-pay” formula, factoring in GDP, per capita income, and external debt. Assessments range from 22% (US) to 0.001% (least developed nations).
Implications of Non-Payment:
- Member states lose their voting rights in the General Assembly if dues exceed contributions for the previous two years.
India’s Assessed Contribution:
- For 2024, India paid $32.89 million, highlighting a steady increase in its share due to its growing economy.
Top Contributors to UN Regular Budget (2025):
- USA (22%), China (15.25%), Japan (8.03%), and Germany (7.1%).
US Foreign Policy Shift: UNHRC Withdrawal & Extended UNRWA Funding Ban
Current Affairs Details:
- Decision Announcement: President Trump has decided to withdraw the US from the UN Human Rights Council and extend the funding ban on UNRWA.
- Withdrawal from UNHRC: The US is stepping back from the UNHRC, citing concerns over the council’s alleged bias and inefficacy in addressing human rights issues.
- Extension of UNRWA Funding Ban: The decision to extend the UNRWA funding ban is driven by long-standing concerns regarding the agency’s management practices and its political stance on Palestinian issues.
- Official Justifications: A spokesperson for Trump highlighted that these measures are taken to better safeguard national interests and ensure accountability within international organizations.
- Diplomatic Implications: The move is expected to impact US diplomatic relations and may invite mixed reactions from global stakeholders, with critics warning it could weaken multilateral efforts in promoting human rights.
Other Important Aspects:
International Reactions:
- Several countries and international bodies have expressed concern that the US withdrawal from the UNHRC might undermine the global human rights framework.
- Critics argue that such unilateral actions could set a precedent for disengagement from established multilateral institutions.
Policy Continuity and Shifts:
- This decision is in line with a broader trend in US foreign policy that favors assertive national sovereignty over cooperative international engagement.
- The extension of the UNRWA funding ban reaffirms a consistent policy stance regarding financial support to agencies involved in contentious political issues.
Additional Information:
United Nations Human Rights Council (UNHRC):
The United Nations Human Rights Council (UNHRC) is an inter-governmental body within the United Nations system responsible for strengthening the promotion and protection of human rights around the globe.
- What it is: A UN body dedicated to human rights.
- Established: 2006, replacing the former UN Commission on Human Rights.
- Headquarters: Geneva, Switzerland.
- Membership: 47 member states elected by the UN General Assembly. Members serve for three-year terms, and are chosen with consideration for their contribution to the promotion and protection of human rights.
United Nations Relief and Works Agency (UNRWA):
The United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) is a UN agency dedicated to supporting Palestinian refugees.
- What it is: A UN agency specifically mandated to provide relief and human development services to Palestinian refugees.
- Established: 1949, in response to the displacement of Palestinians during the 1948 Arab-Israeli conflict.
- Mandate: To provide assistance to Palestinian refugees in Jordan, Lebanon, Syria, the West Bank, and the Gaza Strip.
- Key Services:
- Education: Operates schools for Palestinian refugee children.
- Health: Provides healthcare services through clinics and hospitals.
- Relief and Social Services: Distributes food, provides shelter, and offers social support programs.
- Microfinance: Runs a microfinance program to support Palestinian entrepreneurs.
- Funding: Primarily relies on voluntary contributions from UN member states.
ECOWAS Confronts Political Turbulence in West Africa
Current Affairs in Detail
- Effective Withdrawal (January 29, 2025): Mali, Niger, and Burkina Faso officially exited the Economic Community of West African States (ECOWAS) after a year-long notice period, marking the first such withdrawal in the bloc’s 50-year history.
- Formation of the Alliance of Sahel States (AES): The three countries established the AES in September 2023 as a security and economic alliance. They plan to deploy a 5,000-strong joint military force against jihadist threats and introduced a common passport to replace ECOWAS travel documents.
- ECOWAS’s Response: The bloc retained diplomatic and economic ties, allowing citizens of the three nations to use ECOWAS passports and enjoy visa-free movement. Trade under the ECOWAS Trade Liberalization Scheme (ETLS) will continue.
- Root Cause: The withdrawal stemmed from ECOWAS’s sanctions on Niger after the 2023 coup, which the juntas termed “inhumane.” They accused ECOWAS of being influenced by Western powers like France and pivoted toward partnerships with Russia, Turkey, and Iran.
Other Important Aspects
ECOWAS’s Challenges:
- Security Risks: The exit weakens ECOWAS’s ability to counter jihadist insurgencies in the Sahel, which account for nearly half of global terrorism-related deaths.
- Legitimacy Crisis: Citizens perceive ECOWAS as prioritizing leaders’ interests over public welfare. Analysts warn this withdrawal may trigger a domino effect among dissatisfied members.
AES’s Ambitions:
- Economic Integration: AES aims to create a monetary union based on natural resources and develop infrastructure in energy, transport, and agriculture.
- Geopolitical Shift: The bloc seeks to reduce Western influence, cutting military ties with France and the U.S. while deepening cooperation with Russia (e.g., Wagner Group).
Economic Implications:
- Trade Dependency: As landlocked nations, Mali, Niger, and Burkina Faso rely on ECOWAS ports. Continued trade under the West African Economic and Monetary Union (WAEMU) may mitigate short-term disruptions.
- Investment Decline: Analysts predict reduced FDI in the three countries, among the region’s poorest, due to perceived instability.
Additional Information
ECOWAS
ECOWAS, the Economic Community of West African States, is a regional group of 15 countries located in West Africa.
What it is:
- A regional political and economic union.
- Established in 1975 with the signing of the Treaty of Lagos.
- Aims to promote economic integration across the region.
Member States:
Benin, Burkina Faso, Cabo Verde, Côte d'Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone
Mobile Manufacturing Surge Boosts India's Job Market
Current Affairs in Detail
- Job Creation Milestone: India’s mobile and electronics manufacturing sector generated 12 lakh direct and indirect jobs over the past decade, significantly contributing to socio-economic development.
- From Import Dependency to Self-Reliance:
- In 2014-15, only 26% of mobile phones sold in India were domestically manufactured, with the rest imported. By 2024, this surged to 99.2%, making India the world’s second-largest mobile manufacturer.
- Manufacturing value skyrocketed from ₹18,900 crore (FY14) to ₹4.22 lakh crore (FY24). Exports, negligible in 2014, crossed ₹1.29 lakh crore in 2024.
- Expansion of Manufacturing Units: From 2 units in 2014 to over 300 operational units today, India now produces 325–330 million mobile phones annually, with nearly 1 billion devices in use domestically.
- Semiconductor Push: The India Semiconductor Mission approved five major projects (Micron, Tata Electronics, CG Power, and Keynes) to build a domestic semiconductor ecosystem, addressing a six-decade-old gap.
Other Important Aspects
Shift from Assembly to Deep Manufacturing:
- Key Components Localized: Previously reliant on imports, India now produces critical parts like chargers, battery packs, USB cables, camera modules, display assemblies, and Lithium-ion cells.
- Focus on Semiconductors: The next phase targets high-value components (e.g., chips) to reduce dependency and boost global competitiveness.
Economic and Strategic Impact:
- Export Growth: Mobile exports now contribute significantly to India’s trade surplus, with products reaching global markets.
- Multi-Sectoral Boost: The ‘Make in India’ model extends to toys, defense equipment, and electric vehicle (EV) components, reducing import reliance and fostering innovation.
Policy Reforms Driving Growth:
- Post-2014 reforms under ‘Make in India’ reversed restrictive policies (1950–1990), enabling private investments and infrastructure development.
- Initiatives like the Production-Linked Incentive (PLI) scheme attracted global manufacturers, deepening India’s integration into global supply chains.
Gold Investment Surge in India
Current Affairs in Detail
- Record Growth: India’s gold investments surged by 60% in value terms in 2024, reaching $18 billion (₹1.5 lakh crore) compared to 2023. The demand in volume rose to 239 tonnes, the highest since 2013, marking a 29% increase from 185 tonnes in 2023.
- Quarterly Momentum: The October-December 2024 quarter saw 76 tonnes of gold investment demand, nearly matching the previous quarter’s performance. This was driven by festive buying during Dhanteras and Diwali.
- Global Share: India accounted for 20% of global gold investment demand (1,180 tonnes in 2024), while global demand grew by 25% from 945.5 tonnes in 2023.
- Price Dynamics: Gold prices rose steadily through 2024, fuelled by geopolitical tensions and reduced import duties in July 2024. A price correction in November further attracted investors seeking lower entry points.
- E-commerce Boost: Rapid delivery of small gold bars and coins via platforms like Amazon and Flipkart (within 10–15 minutes) drove urban demand, especially in metro cities.
Other Important Aspects
Key Drivers of Growth:
- Economic Uncertainty: Weak stock market performance (post-Q3 2024 decline) shifted investor focus to gold as a safe-haven asset.
- Festive Demand: Dhanteras and Diwali purchases contributed to ~40% of annual demand in Q4.
- Policy Shifts: Import duty cuts in July 2024 reduced gold prices temporarily, triggering a buying spree before prices rebounded.
- Geopolitical Factors: Global tensions (e.g., U.S.-China trade disputes) and shifting interest rate expectations bolstered gold’s appeal.
Gold ETFs and Future Trends:
- ETF Recovery: Global gold ETF holdings recovered from a 4-year low of 3,080 tonnes in April 2024, barring a minor dip in November.
- Future Outlook: The WGC predicts expanded demand for gold ETFs and mutual funds in 2025, driven by economic volatility and gold’s price resilience.
Market Impact:
- Stock Market Correlation: A 15% decline in domestic stock markets in late 2024 redirected investments to gold, reinforcing its role as a portfolio diversifier 1013.
- Rural vs. Urban Demand: While festivals drove rural purchases, urban demand was fueled by digital accessibility and quick delivery services.
Additional Information
World Gold Council (WGC)
The World Gold Council (WGC) is the market development organization for the gold industry.
- What it is: A non-profit association supported by gold mining companies.
- Role: Works to stimulate and sustain demand for gold. They're not selling gold directly, but promoting its use and value.
Key Functions:
- Research: Conducts research on the gold market, including supply, demand, investment trends, and the role of gold in the global economy. They publish reports and data on gold.
- Market Development: Develops and implements programs to promote gold in various sectors, such as jewelry, investment, and technology.
- Investor Relations: Provides information and resources to investors about gold as an investment asset.
- Industry Advocacy: Works with governments and other organizations on issues related to the gold industry. They aim to create a favorable environment for gold mining and trade.
- Consumer Education: Educates consumers about the value and uses of gold.
Corporate Healthcare Sector Set for Robust Growth in FY26
Current Affairs in Detail
- Projected Growth: The Indian corporate healthcare sector is forecast to deliver 15% year-on-year (YoY) growth in sales during FY25–FY26, driven by 5–6% growth in average revenue per occupied bed (ARPOB), a 100–200 basis point (bp) improvement in occupancy rates, and 6–8% increase in new bed additions 6911.
- Profitability: EBITDA margins are expected to rise to 20.9% in FY26 (up from 20% in FY25), supported by operational efficiency despite higher overhead costs from capacity expansions 614.
- Market Expansion: Corporate hospitals are expanding through acquisitions of smaller players, enhancing economies of scale and geographic reach. For example, large chains are targeting Tier 2–3 cities to tap underserved markets 611.
- Robust Demand: Rising healthcare needs, fueled by India’s aging population (100+ million elderly) and non-communicable diseases (NCDs) (65% of disease burden), are driving demand for quality care.
Industry Outlook:
- India Ratings and Research (Ind-Ra) has maintained a neutral outlook for the sector, reinforcing confidence in the steady yet resilient growth trajectory.
- Acquisitions Strategy: The acquisition of smaller hospitals is anticipated to bolster the financial strength and economies of scale for larger corporate players.
Additional Information:
India Ratings and Research (Ind-Ra)
India Ratings and Research (Ind-Ra) is a credit rating agency in India.
- What it is: A credit rating agency. It provides opinions on the creditworthiness of borrowers, including companies, financial institutions, and governments.
- Ownership: It's a wholly-owned subsidiary of the Fitch Group, a global leader in financial information services.
- Headquarters: Mumbai, India.
- Role: Ind-Ra assesses the ability and willingness of borrowers to meet their financial obligations in a timely manner. They assign credit ratings that indicate the level of risk associated with a particular debt or issuer.
Karnataka Declared Naxal-Free
Current Affairs in Detail
- Final Surrender: Lakshmi Thombattu, the last active Maoist in Karnataka, surrendered unconditionally on February 2, 2025, in Udupi before Deputy Commissioner Vidya Kumari and Superintendent of Police Arun K. She had three cases against her dating to 2007–2008, including exchange of fire with police, assault, and distributing Maoist literature.
- Rehabilitation Package: Classified under ‘A’ category of Karnataka’s revised surrender policy, Lakshmi is eligible for ₹7 lakh in phased payments, along with education, employment, and skill development support.
- State Milestone: With her surrender, Karnataka was declared “Naxal-free” after 22 Maoists surrendered in 2025 alone. This includes Kotehonda Ravindra, another key Maoist who surrendered earlier in Chikkamagaluru.
- Government Protocol: The surrender followed Karnataka’s revised Naxal Surrender and Rehabilitation Policy (2024), which incentivizes surrenders with financial aid, stipends, and legal assistance. The policy categorizes Naxals into A (armed Karnataka-origin), B (outsiders), and C (supporters).
- CM’s Role: Chief Minister Siddaramaiah awarded the Chief Minister’s Medal to 22 police officers for their role in eliminating Naxalism. He emphasized resolving grievances through constitutional methods.
Other Important Aspects
Surrender Dynamics:
- Catalysts: The surrender surge followed the encounter killing of Maoist leader Vikram Gowda in November 2024 and the government’s assurance of dropping minor charges against surrendered Naxals.
- Demands Addressed: The state addressed Maoist demands, including reviewing environmental policies, investigating encounters, and improving tribal welfare.
Decline of Naxalism in Karnataka:
- Socio-Economic Factors: Improved tribal livelihoods via schemes like MGNREGA, Forest Rights Act, and better wages reduced support for armed struggle.
- Technological Edge: Enhanced surveillance and communication interception weakened Maoist operations.
- Political Shifts: The BJP’s rise in Malnad and coastal regions countered Maoist ideology, while Congress focused on rehabilitation.
Challenges Ahead:
- Unresolved Issues: Land alienation, poor implementation of forest rights, and lack of infrastructure in tribal areas risk future unrest.
- Legal Hurdles: Over 250 pending cases against surrendered Naxals across Karnataka, Kerala, and Tamil Nadu require fast-track courts for resolution.
Additional Information
- Key Naxal Surrender Policy (2024):
- Category A: ₹7.5 lakh (e.g., Ravindra).
- Category B/C: Lower packages based on involvement.
- Skill Development: ₹5,000/month stipend for training.
- Tribal Demographics: Most surrendered Naxals belong to the Malekudiya tribal community, historically marginalized.
- Geographic Focus: Udupi, Chikkamagaluru, and Shivamogga districts were Naxal hotspots due to dense forests and tribal populations.
SC Collegium Confirms Five Additional Judges as Permanent
Current Affairs in Detail
-
Appointments Approved: The Supreme Court Collegium, led by Chief Justice of India (CJI) Sanjiv Khanna, approved the permanent appointment of five additional judges in the Madras and Telangana High Courts on February 5, 2025.
-
Madras High Court:
- Justice Venkatachari Lakshminarayanan
- Justice Periyasamy Vadamalai.
-
Telangana High Court:
- Justice Laxmi Narayana Alishetty
- Justice Anil Kumar Jukanti
- Justice Sujana Kalasikam.
-
Collegium Protocol: The decision was made during a meeting chaired by CJI Khanna, emphasizing adherence to the collegium system for judicial appointments.
Other Important Aspects
Delhi High Court Appointments:
- In a separate resolution, the Collegium also approved the elevation of two judicial officers—Renu Bhatnagar (Principal District and Sessions Judge, Karkardooma Courts) and Rajneesh Kumar Gupta (Principal District and Sessions Judge, Saket Courts)—as judges of the Delhi High Court. This would increase its working strength to 40 judges, though still below the sanctioned 60 judges.
Addressing Judicial Vacancies:
- The appointments aim to reduce pendency in courts. As of January 2025, 62 lakh cases were pending across High Courts, including 18.2 lakh criminal cases.
Collegium’s Broader Agenda:
- The Collegium’s focus includes balancing gender representation and experience. For instance, Renu Bhatnagar has served across multiple jurisdictions, including civil, criminal, and family courts.
Additional Static Information
Collegium System:
- Governs judicial appointments under Article 124 (Supreme Court) and Article 217 (High Courts). The system was formalized through the Three Judges Cases (1981–1998).
- Process involves recommendations by High Court Collegiums, scrutiny by the Supreme Court Collegium, and final approval by the central government.
Key Bodies:
- National Judicial Data Grid: Tracks case pendency nationwide.
- Law Commission Reports: Historically advocated measures like ad-hoc judges to tackle vacancies.
Naval Base Karwar Infra Boost: CDS Inaugurates Key Facilities
Current Affairs in Detail
- Inauguration by CDS: On February 4, 2025, Chief of Defence Staff (CDS) General Anil Chauhan inaugurated critical infrastructure at Naval Base Karwar, Karnataka, as part of Phase IIA of Project Seabird. The event was attended by Vice Admiral Krishna Swaminathan (Vice Chief of Naval Staff) and senior officials.
- Key Developments:
- Residential Accommodation: Four towers with 240 dwelling units for Master Chief Petty Officers (MCPOs) and Chief Petty Officers (CPOs) were constructed by M/S NCC Pvt. Ltd., Hyderabad.
- Power Infrastructure: A Main Distribution Sub Station with four 33/11 KV transformers (65 MVA capacity) and three 3 MVA Captive Power Plants for backup. It uses 77 Gas Insulated Switchgears for stable power supply to piers and utilities.
- Employment Impact: The project has generated 7,000 direct jobs and 25,000 indirect jobs, boosting local economies.
- Sustainability: Compliant with MoEF&CC norms and IGBC standards, with 90% materials sourced domestically under Aatmanirbhar Bharat.
Other Important Aspects
Project Seabird’s Strategic Goals:
- Phase IIA aims to enable berthing for additional ships/submarines and develop a dual-use Naval Air Station, Naval Dockyard, and Covered Dry Berths.
- Enhances India’s blue-water capabilities, ensuring operational readiness in the Arabian Sea and Indian Ocean Region (IOR).
Karwar’s Geostrategic Importance:
- Located on India’s western coast, Karwar provides natural deep-water berthing, reducing dependency on Mumbai’s congested naval facilities.
- Critical for countering maritime threats and safeguarding Sea Lines of Communication (SLOCs).
Environmental Compliance:
- Adheres to Green Building Council norms, minimizing ecological impact on the Western Ghats and coastal ecosystems.
Additional Static Information
Project Seabird Overview:
- Launched in 1985, it is India’s largest naval infrastructure project. Phase I (completed in 2005) added 10 berths.
- Future Phases: Will expand capacity to host 32 warships, submarines, and aircraft carriers.
Key Organizations:
- Indian Green Building Council (IGBC): Certifies eco-friendly infrastructure.
- Naval Dockyard, Karwar: Supports maintenance and refitting of vessels.
India’s Naval Strength:
- Operates 150+ ships and submarines, with Karwar poised to become the largest naval base in Asia post-completion.
15-Year-Old Jonathan Antony Wins Gold in 38th National Games
- Event: 15-year-old Jonathan Gavin Antony from Karnataka clinched the gold medal in the Men’s 10-meter Air Pistol event at the 38th National Games.
- Score: Antony scored 240.7 points, edging out senior national players.
- Silver Medal: Ravinder Singh of Services secured the silver with 240.3 points.
- Bronze Medal: Gurpreet Singh, also from Services, took the bronze with 220.1 points.
- Olympic Medalist: Sarabjot Singh, representing Haryana, finished in 4th place.
- Points Table: Services leads the points table with 17 gold, 10 silver, and 8 bronze medals, followed by Karnataka and Maharashtra.
Uttar Pradesh Wins Men's Kabaddi Gold at 38th National Games
- Final Match: Uttar Pradesh defeated Chandigarh 57-43 in the men's kabaddi final at the 38th National Games.
- Team Captain: Arjun Deshwal led the Uttar Pradesh team, delivering an all-round performance.
- First Half Comeback: Uttar Pradesh made a significant comeback in the first half, overturning a 12-18 deficit to lead 25-22.
- Key Players: The team included standout performers like Arjun Deshwal, Vinay, Sahul Kumar, Nitin Panwar, and Mohd Amaan.
- Chandigarh Efforts: Despite strong efforts from Vishal Bharadwaj, Gaurav Khatri, Vishal Chahal, and Pawan Sehrawat, Chandigarh settled for the silver medal.
- Women's Kabaddi: Himachal Pradesh clinched the gold in the women's kabaddi event by defeating Haryana 27-22, securing their third consecutive title.
Bengaluru Jawans Win Inaugural World Pickleball League
- Championship Victory: Bengaluru Jawans emerged as the inaugural champions of the World Pickleball League, defeating Pune United 3-1 in the final.
- Key Matches: Jack Foster dominated the men’s singles with a 26-8 win, and Trang Hyunh-McClain and Alejandra Borobia secured a 13-9 victory in the women’s doubles.
- Pune's Comeback: Pune United's William Sobek and Vanshik Kapadia earned a 15-6 win in the men’s doubles.
- Decisive Win: Katerina Stewart sealed the victory for Bengaluru with a 21-9 win over Brooke Revuelta in the final singles match.
- Player of the League: Katerina Stewart was named Player of the League for her impressive performance.
Marcus Stoinis Retires from ODI Cricket
- Retirement Announcement: Australian all-rounder Marcus Stoinis announced his immediate retirement from One-Day International (ODI) cricket.
- Continued T20I Availability: Stoinis will continue to be available for selection in Australia's T20I squad.
- Replacement: Stoinis will be replaced in Australia's final squad for the ICC Champions Trophy, to be announced by February 12.
- Reason for Retirement: The decision stems from a desire to focus on the T20 format and a recent mild hamstring injury.
February 2025
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