Current Affairs
Stay updated with the latest national and international events.
28 October 2025
ASEAN-India Summit: Strengthening Comprehensive Strategic Partnership

What’s the News?
- The 22nd ASEAN-India Summit was held, with India's Prime Minister participating virtually. The summit was hosted by Malaysia, the ASEAN Chair for 2025.
- Discussions focused on the theme “Inclusivity and Sustainability” and reviewed the progress of the ASEAN-India Comprehensive Strategic Partnership (CSP).
- A major development was the formal induction of Timor-Leste as the 11th member of ASEAN, its first expansion in 26 years.
Key Announcements & Cooperation
- Year of Maritime Cooperation: 2026 was designated as the “Year of ASEAN-India Maritime Cooperation”.
- This will focus on collaboration in maritime security, the blue economy, and Humanitarian Assistance and Disaster Relief (HADR).
- Education & Culture: India proposed the establishment of a Centre for Southeast Asian Studies at Nalanda University.
- Maritime Heritage: A proposal was made to hold the East Asia Summit Maritime Heritage Festival at the historic site of Lothal, Gujarat.
- Shared Vision: Leaders highlighted the alignment between the ASEAN Community Vision 2045 and India’s goal of Viksit Bharat 2047.
Economic Focus: AITIGA Review
- Accelerated Review: Leaders called for an accelerated review of the ASEAN-India Trade in Goods Agreement (AITIGA).
- Trade Imbalance: The review is a key priority for India to address its significant trade deficit with the bloc, which reportedly grew to $43.57 billion in 2022-23.
- Modernising the Pact: The goal is to make the agreement more balanced, modern, and trade-facilitative by addressing issues with rules of origin and other non-tariff barriers.
- Trade Volume: ASEAN is India's fourth-largest trading partner, with bilateral trade standing at approximately $122.6 billion.
About ASEAN
- Full Form: Association of Southeast Asian Nations.
- Members: The bloc now comprises 11 member states following the formal induction of Timor-Leste.
- India-ASEAN Relations Timeline:
- 1992: Sectoral Dialogue Partner.
- 2012: Elevated to Strategic Partnership.
- 2022: Elevated to Comprehensive Strategic Partnership (CSP).
Sources
A Start for North-South Carbon Market Cooperation

What’s the News?
- India and Switzerland are operationalizing a bilateral agreement for carbon market cooperation, representing a significant "North-South" (developed to developing country) partnership.
- This cooperation is one of the first of its kind globally under Article 6.2 of the Paris Agreement.
- The framework allows Switzerland to finance green projects in India in exchange for carbon credits, which it can use to meet its own national climate targets.
- The Swiss KliK Foundation is the primary entity mandated by the Swiss government to procure these credits, known as Internationally Transferred Mitigation Outcomes (ITMOs).
What is Article 6.2 of the Paris Agreement?
- Article 6 of the Paris Agreement provides a framework for countries to cooperate voluntarily to achieve their climate targets, or Nationally Determined Contributions (NDCs).
- Article 6.2 specifically allows for "Cooperative Approaches".
- This enables countries to enter into bilateral or multilateral agreements to trade ITMOs.
- For example, a country like Switzerland (buyer) can fund a solar power plant in India (host).
- The resulting emission reductions (ITMOs) are transferred to Switzerland, which counts them towards its own NDC.
- Key Principle: To prevent "double counting," the host country (India) must authorize the transfer and make a "corresponding adjustment" (CA), meaning it can no longer count those same emission reductions toward its own NDC.
Key Features of the Switzerland-India Cooperation
- Buyer Role: Switzerland, through the KliK Foundation, will provide finance for mitigation projects in India.
- The KliK Foundation is a private entity mandated under the Swiss CO₂ Act to offset emissions from motor fuel importers.
- Host Role: India's Ministry of Environment, Forest and Climate Change (MoEFCC) oversees the approval of these projects.
- Eligible Projects: India has specified high-potential sectors eligible for generating ITMOs, including:
- Renewable energy with storage (only the stored component)
- Green hydrogen and Green Ammonia
- Sustainable Aviation Fuel (SAF)
- High-end energy efficiency technologies
- Finance Model: This is a results-based payment model. Finance is channelled to private sector projects in India upon successful verification of emission reductions.
Additional Info
- Article 6 Mechanisms:
- Article 6.2: Bilateral (country-to-country) "Cooperative Approaches" (this deal).
- Article 6.4: A new global carbon market mechanism, supervised by a UNFCCC body, intended to replace the Clean Development Mechanism (CDM) of the Kyoto Protocol.
- Article 6.8: A framework for non-market approaches, such as development aid, that do not involve trading credits.
- Key Terms:
- ITMOs (Internationally Transferred Mitigation Outcomes): The official term for a carbon credit (representing one tonne of CO2 equivalent) traded between countries under Article 6.2.
- NDCs (Nationally Determined Contributions): The climate action targets pledged by each country under the Paris Agreement.
Sources
MeitY Approves Seven Projects Worth ₹5,528 Crore Under SPECS 2.0

What’s the News?
- The Ministry of Electronics and Information Technology (MeitY) has approved seven new projects under the Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS) 2.0.
- This scheme is also referred to as the Electronics Components Manufacturing Scheme (ECMS) 2.0.
- These projects represent a total investment of ₹5,528 crore.
- Key investors include Tata Electronics, TDK, and Salcomp.
- The projects are expected to generate over 12,000 direct and indirect jobs.
Key Components to Be Manufactured
- Copper Clad Laminates (CCL): Will meet 100% of domestic demand, currently fully imported.
- Multi-layer & HDI Printed Circuit Boards (PCBs): To fulfill 20% of India’s domestic demand.
- Camera Modules: To satisfy 15% of domestic sub-assembly needs for smartphones, drones, EVs, and medical devices.
- Polypropylene Films: Critical for capacitors used in telecom, consumer electronics, and renewable energy systems.
- Export Potential: 60% of total output is projected to be exported, strengthening India’s role in global electronics value chains.
Implementation & Scale
- Tenure:
- Capex-linked incentives: 5 years
- Turnover-linked incentives: 6 years (including 1-year gestation)
- Investor Response:
- 249 applications received so far
- Total projected investment: ₹1.15 lakh crore
- Anticipated production: ₹10.34 lakh crore
- Estimated jobs: 1.42 lakh
Approved Companies:
- Kaynes Circuits India Pvt Ltd: ₹3,280 crore across 4 projects in Tamil Nadu (PCBs, camera modules, CCL)
- Ascent Circuits: ₹991 crore for multi-layer PCBs
- Syrma Strategic Electronics: ₹765 crore for PCBs
- SRF Ltd: ₹496 crore for polypropylene films
About the SPECS 2.0 / ECMS 2.0 Scheme
- Objective: To strengthen the domestic electronics manufacturing ecosystem, reduce import dependency, and build a resilient supply chain.
- Incentive: The scheme offers a financial incentive of 25% on capital expenditure (CapEx) for investments in new plants, machinery, and equipment.
- Launch Context: SPECS was launched as part of a broader government strategy, which also includes the Production Linked Incentive (PLI) Scheme for large-scale electronics manufacturing.
- Target Area: It specifically targets the downstream value chain of electronic components, semiconductors, display fabrication units, and ATMP (Assembly, Testing, Marking, and Packaging) units.
Sources
EC Announces Special Intensive Revision of Electoral Rolls in 12 States/UTs

What’s the News?
- The Election Commission of India (ECI) has announced a Special Intensive Revision (SIR) of electoral rolls.
- This exercise is the second phase of a pan-India drive and will be conducted in 12 States and Union Territories, covering approximately 51 crore voters.
- The goal is to create a more transparent, inclusive, and error-free electoral roll by verifying all registered voters and adding new eligible ones.
- The final electoral rolls are scheduled to be published in February 2026.
What is Special Intensive Revision (SIR)?
- Intensive Verification: Unlike a routine annual summary revision, the SIR is an intensive, ground-up exercise.
- House-to-House Visit: Booth Level Officers (BLOs) will conduct house-to-house visits to have all registered electors fill out a new enumeration form.
- Key Objectives:
- To ensure all eligible citizens are included in the electoral roll.
- To remove ineligible entries, such as deceased, permanently shifted, or duplicate voters.
- Historical Context: The last such intensive revision was conducted in most states around two decades ago (2002-2005). The process involves mapping current electors against the rolls from that last SIR.
States and UTs Covered in Phase 2
- The 12 States and Union Territories included in this phase are:
- Andaman & Nicobar Islands
- Chhattisgarh
- Goa
- Gujarat
- Kerala
- Lakshadweep
- Madhya Pradesh
- Puducherry
- Rajasthan
- Tamil Nadu
- Uttar Pradesh
- West Bengal
Additional Info
- Qualifying Date: The revision will use January 1, 2026, as the qualifying date for new voter registration.
- Constitutional & Legal Framework:
- Article 324: Vests the superintendence, direction, and control of the preparation of electoral rolls in the Election Commission of India.
- Article 326: Stipulates that every citizen who is 18 years or older on the qualifying date and not otherwise disqualified is eligible to be registered as a voter.
- Representation of the People Act, 1950:
- Section 15: Mandates that an electoral roll shall be prepared for every constituency under the ECI's supervision.
- Section 21: Empowers the ECI to revise the electoral rolls, including directing a special revision at any time for reasons to be recorded in writing.
Sources
Vigilance Awareness Week 2025 Launched Nationwide with Theme “Vigilance - Our Shared Responsibility”

What’s the News?
- The Vigilance Awareness Week (VAW) 2025 was inaugurated nationwide on October 27, 2025, by President Droupadi Murmu at Rashtrapati Bhavan. Organised by the Central Vigilance Commission (CVC), the week-long campaign (October 27 - November 2, 2025) aims to promote integrity, accountability, and ethical governance across public and private sectors.
- The theme—“Vigilance - Our Shared Responsibility”—emphasises collective action against corruption and reinforces the role of every citizen and institution in upholding probity in public life.
Strategic Objectives
- Preventive Vigilance: Shift focus from punitive action to culture-building and systemic reforms.
- Citizen Empowerment: Encourage use of whistleblower mechanisms and RTI for transparency.
- Institutional Accountability: Strengthen Vigilance Officers’ networks and internal audit systems in organisations.
- Ethical Leadership: Promote zero tolerance for corruption among public officials and corporate leaders.
Additional Info
- Legal & Institutional Framework:
- Central Vigilance Commission (CVC):
- Established in 1964; given statutory status via CVC Act, 2003.
- Advises and guides Central Government agencies in planning, executing, reviewing, and reforming vigilance work.
- Whistleblowers Protection Act, 2014: Provides safeguards for persons reporting corruption (though rules not fully notified).
- Central Vigilance Commission (CVC):
- Historical Context:
- VAW observed annually since 2002, coinciding with the birth anniversary of Sardar Vallabhbhai Patel (October 31)—symbolising integrity in public service.
- Recent CVC Initiatives:
- Vigilance Officers’ Training Programmes at CVC Academy, New Delhi.
- e-Filing of Complaints and AI-driven analytics for detecting fraud patterns in procurement.
- Global Alignment:
- Supports UN Convention against Corruption (UNCAC), ratified by India in 2011.
- Aligns with SDG 16: Promote just, peaceful, and inclusive institutions.
Sources
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