Renewable Power Generation Costs (RPGC) Report
The International Renewable Energy Agency (IRENA) released the RPGC report.
Key Highlights:
- In 2024, global renewable power capacity additions reached 582 gigawatts (GW).
- Solar photovoltaics (PV) accounted for 452.1 GW (77.8%) of the total, followed by wind, with 114.3 GW.
- Renewables are cheaper than fossil fuel-based alternatives.
- Wind remained the cheapest source of renewable electricity.
- Economic Gains: In 2024, renewables helped avoid USD 467 billion in fossil fuel costs.
- Short-term risks: Geopolitical tensions, supply chain bottlenecks, and trade-related barriers.
- Tags :
- Renewable
Art Forms
Artists of Sohrai, Pattachitra and Patua art call on the President as part of Kala Utsav-2025 ‘Artists in Residence Programme’ of Rashtrapati Bhavan.
About Arts:
- Sohrai: Sohrai is a harvest festival of Jharkhand.
- It is celebrated by Sadan, Oraon, Munda and Santal among others.
- Pattachitra: Pattachitra is a traditional, cloth-based scroll painting originating from Odisha.
- The name combines Sanskrit words "patta" (cloth) and "chitra" (picture).
- Patua: It is a folk painting (stitched onto the scroll) that originated in West Bengal.
- This type of art is traditionally drawn on a piece of cloth known as a pati (or patta).
- Tags :
- Art Works
- Sohrai
- Pattachitra
- Patua
Articles Sources
Double Taxation Avoidance Agreement(DTAA)
Supreme Court has held that exclusive possession is not required, even temporary or shared use qualifies as a Permanent Establishment under India-UAE DTAA.
About DTAA
- DTAA is an international agreement between two or more countries designed to prevent the same income from being taxed in both countries.
- DTAA helps ensure that NRIs/Persons of Indian Origin (PIO)/Overseas Citizens of India (OCI) don't face excessive international tax burdens or cash outflows.
- India has signed 94 DTAAs with various countries namely Albania, Armenia, Australia, Austria and others.
- Tags :
- DTAA
Environmental Flow (E-flow)
Union Jal Shakti Minister led a meeting focused on the environmental flow (e-flow) of the Ganga River and its tributaries.
Environmental Flow (E-Flow):
- It refers to the quantity, timing, and quality of water flow required to sustain freshwater ecosystems and the livelihoods that depend on them.
- Benefits: Maintains ecological integrity of rivers and their estuaries.
- Extensive interventions in river flow such as the construction of dams, pollution, and encroachments have severely impacted the ecological balance of rivers.
- To address these issues, the concept of "Environmental Flow" has been introduced.
- Tags :
- Environmental Flow
- E-flow
Articles Sources
PM VIKAS Scheme
Recently the 3rd Empowered Committee (EC) Meeting under the Pradhan Mantri Virasat Ka Samvardhan (PM VIKAS) scheme was convened.
About PM VIKAS Scheme
- Type: Central Sector Scheme.
- Ministry: Ministry of Minority Affairs.
- It converges five erstwhile schemes viz. ‘Seekho Aur Kamao’, ‘Nai Manzil’, ‘Nai Roshni’, ‘USTTAD’ and ‘Hamari Dharohar’ schemes and focuses on upliftment of six notified minority communities.
- Six notified minorities are: Muslims, Christians, Sikhs, Buddhists, Jains, and Zoroastrians (Parsis) on socio-economic fronts.
- Tags :
- PM VIKAS
Articles Sources
Maritime Development Fund
India has proposed the Maritime Development Fund at the Maritime Financing Summit 2025 in New Delhi.
- Maritime Development Fund (MDF): A dedicated blended finance vehicle aimed at lowering capital costs and attracting long-term investment into shipyards, coastal infrastructure and inland waterways.
- Recent initiatives to support maritime sector: India’s ports cut turnaround time to under 1 day, India has opened 100% FDI in Shipping etc.
- Tags :
- Maritime Development Fund
Articles Sources
Bambusa tulda
IIT Guwahati researchers have developed a Eco-Friendly Bamboo Composite for Automobiles using Bambusa tulda combined with biodegradable polymers.
About Bambusa tulda
- Type: Clump-forming evergreen/deciduous bamboo.
- Growth Rate: Very fast-growing.
- Cultivation: Found in India, Bangladesh, Myanmar, Thailand; thrives in moist lowland tropics up to 1500 m elevation.
- Monocarpic: Flowers once in 25–40 years, then die.
- Local names: Jati Bahn (Assam), mritinga (Tripura), spineless Indian bamboo
- Uses
- Edible shoots: Slightly bitter, usually pickled.
- Medicinal value: Siliceous secretion used as aphrodisiac and tonic.
- Other: Agarbatti sticks, lumbar, paper, handicrafts, etc
- Tags :
- Bamboo
- Bambusa Tulda
IRNSS
ISRO is preparing launch of three next‑gen NavIC satellites to enhance sovereign positioning capability.
About Indian Regional Navigation Satellite System (IRNSS)
- IRNSS, also known as NavIC (Navigation with Indian Constellation)
- It is India’s independent regional navigation satellite system.
- Developed by: Indian Space Research Organisation(ISRO)
- Aim: Designed to provide precise position data in India and up to 1500 km beyond its borders.
- Types of Services
- Standard Positioning Service (SPS): Open to all users.
- Restricted Service (RS): Encrypted; only for authorized users like the military.
- Tags :
- NAVIC
- IRNSS