- DAILY CURRENT AFFAIRS ANALYSIS 05.03.2025
- News :IMF report
- GS -3 INDIAN ECONOMY
REPORT : India financial stability report - India to remain fastest-growing major economy with 6.5% growth in FY26
- 63% of the power sector loans were from three largest Infrastructure Financing Companies, a type of an NBFC in fiscal 2024
- Stress in the Non Banking Finance Companies (NBFCs) may pose risk in the financial system due to their overexposure to power and infrastructure sector and interconnectedness with other markets
- This dependency on NBFC may results in stagflation alerts IMF
- In the stage of stagflation PSB (public sector banks could not maintain CAR(capital adequecy ratio)
- Capital Adequacy Ratio (CAR) is the ratio of a bank’s capital to its risk.
- It is also known as the Capital to Risk (Weighted) Assets Ratio (CRAR).
- In other words, it is the ratio of a bank’s capital to its risk-weighted assets and current liabilities
- News :target achieved in MMR
- GS-2 GOVERNANCE
- India hit targeted maternal mortality rate of 100 deaths per lakh live births
- 83% decline in MMR achieved between 1990 to 2020,
- IT is much higher than the decline in Global MMR, says Health Minister
- India has achieved the National Health Policy
- (NHP) target of a maternal mortality rate (MMR) of 100 deaths per one lakh live births.
- 83% decline in MMR achieved between 1990 to 2020, which was much higher than the decline in Global MMR, Union Health Minister
- National health missions governing body and ASHA workers are main contributors
- Accredited Social Health Activists (ASHA)
- The ASHA program was launched in 2005-06 as part of the National Rural Health Mission, initially in rural areas
- ASHA is a community-level worker whose role is to function as a health care facilitator, and a service provider and to generate awareness on health issues.
- Supreme Court asks records of forest land
- GS-2 POLITY
- Supreme Court directs States, Union Territories to provide consolidated records of their forest lands
- Since forest is in cuncurrent list they must provide
- a stern warning that Chief Secretaries of States and Administrators of Union Territories will be held personally liable
- if they failed to constitute expert committees to identify forests in their respective jurisdictions
- followed by the preparation of consolidated records of these lands
- Forest cover report
- According to India State of Forest Report, 2021, the Total Forest and Tree cover is now 7,13,789 square kilometres, 21.71% of the country’s geographical area, an increase from 21.67% in 2019.
- Forest Cover (Area-wise): Madhya Pradesh> Arunachal Pradesh> Chhattisgarh> Odisha> Maharashtra.
- News: oil exploration proposal at gulf of mannar
- GS-3 ENVIRONMENT MANAGEMENT
- Drop proposal for hydrocarbon exploration, offshore mining in Gulf of Mannar: TN CM
- Deep sea mining for petroleum and natural gas might cause ‘irreversible damage to marine habitats and degrade the overall health of the ocean
- The risks of sediment plumes, toxic waste discharges and habitat destruction cannot be overstated
- it will also affect the livelihood of the lakhs of fishermen who depend on the Gulf of Mannar
- The Directorate of Hydrocarbon, Ministry of Petroleum and Natural Gas, has launched OALP-BID Round-X for auctioning petroleum and natural gas blocks
- Gulf of Mannar Marine National Park:
- one of the biologically richest coastal regions in all of mainland of India.
- It is the first Marine Biosphere Reserve in the South and South East Asia.
- Location: It is located 160 km between Dhanushkodi and Thoothukudi in Tamil Nadu.
- This Marine Biosphere Reserve encompasses a chain of 21 islands (2 islands already submerged) and adjoining coral reefs off the coasts .
- Gulf of Mannar Marine National Park, established in 1980, boasts three surreal aquatic ecosystems – mangroves, seagrass, and coral reef.
- Flora:
- The intertidal areas are dominated by mangroves belonging to the Rhizophora, Avicennia, Bruguiera genus.
- Seagrass is another prolific species, about 12 species exist here.
- About 150 species of seaweeds to are found in the waters. There is one endemic plant, a flowering herb called Pemphis acidula on the parklands.
- Fauna:
- Dugong, an endangered marine mammal, is the main attraction of the Gulf of Mannar Marine National Park.
- It has recorded some 117 species of hard Coral. It is home to different vulnerable whales like humpback whales, blue whales, fin whales, etc.
- Mains question
- explain biodiversity richness of gulf of mannar and its oil resource essential for indias GDP growth.critically examine
