current affairs on February 1, 2025, relevant for UPSC preparation

Union Budget 2025-26 Presented Finance Minister Nirmala Sitharaman presented the Union Budget, focusing on employment generation, capital expenditure, and tax relief for the middle class.

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Net GST Growth Declines December’s net GST growth slumped to 3.3% due to decreased revenues and a 45% rise in refunds.

nextias.com

Ukraine Halts Russian Gas Transit Ukraine ceased the transit of Russian gas to Europe, impacting energy supplies and geopolitical dynamics.

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India’s Parliamentary Proceedings Under Scrutiny Concerns were raised about the declining quality and productivity of India’s parliamentary sessions.

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Debate on Delimitation and Population Control Discussions emerged on addressing delimitation by reconsidering population control measures.

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Youth Lead Climate Litigation Young activists are at the forefront of climate-related legal actions, emphasizing environmental accountability.

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IAF’s Fighter Jet Procurement Dilemma The Indian Air Force faces challenges in selecting appropriate fighter jets to enhance its capabilities.

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India’s Foreign Policy Strategy in the 21st Century Analysts call for a comprehensive ‘grand strategy’ to navigate India’s foreign policy challenges.

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Navy to Induct Scorpene-Class Submarine The Indian Navy is set to induct a Scorpene-class submarine among other platforms on January 15.

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ISRO Prepares for Chandrayaan-4 ISRO is gearing up for the Chandrayaan-4 mission, with SpaDeX being the first of many preparatory projects.

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Excessive Nitrates Found in Groundwater High nitrate levels have been detected in groundwater across 440 districts, posing health risks.

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Decline in School Enrolment A report indicates a decrease of over a crore in school enrolments for the 2023-24 academic year.

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Cabinet Extends DAP Special Package The government extended the DAP special package and confirmed the continuation of crop insurance schemes.

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Shortcomings in UN Environmental Summits Four UN environmental summits in 2024 failed to meet expectations, highlighting global environmental challenges.

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Centre Amends Prison Manual The government amended the prison manual to address caste-based inequalities within the prison system.

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India’s Role in Global Biotechnology India is poised to assume a critical role in the global biotechnology revolution in 2025.

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Government Launches ONOS The government introduced the Open National Online System (ONOS) to provide seamless access to digital knowledge resources.

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India-Australia ECTA Anniversary India and Australia marked two years of the Economic Cooperation and Trade Agreement, aiming for AUD 100 billion in trade by 2030.

indiabix.com

Rajat Verma Appointed CEO of DBS Bank India Rajat Verma was appointed as the new CEO of DBS Bank India, effective March 1, 2025.

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Vitul Kumar Becomes CRPF Director General Vitul Kumar assumed the role of officiating Director General of the Central Reserve Police Force.

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