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January 26, 2025

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🌐 International News

India Joins Eurodrone Programme as Observer State

India has become an observer in the Eurodrone programme, which focuses on developing Medium Altitude Long Endurance (MALE) Remotely Piloted Aircraft System (RPAS). The programme is managed by the Organisation for Joint Armament Cooperation (OCCAR), headquartered in Bonn, Germany. India’s observer status was approved following a request submitted in August 2024.

Programme Details:

  • MALE RPAS – Medium Altitude Long Endurance drone system
  • Led by Airbus – European aerospace consortium
  • OCCAR Management – Multinational defence procurement organization
  • Observer Status – Access to technology and collaboration opportunities
  • August 2024 Request – India’s formal application
🛩️ MALE Drones

MALE (Medium Altitude Long Endurance) drones are used for long-duration surveillance, reconnaissance, and defence operations. OCCAR coordinates multinational defence procurement programmes among European countries, facilitating joint development of military systems.

🇮🇳 National News

Second BIMSTEC Cyber Security Expert Meeting Held in New Delhi

The second BIMSTEC Cyber Security Expert Meeting was hosted by the National Security Council Secretariat (NSCS), Government of India, in New Delhi. The meeting focused on cyber security cooperation among BIMSTEC nations, strengthening regional collaboration in cybersecurity frameworks. The first meeting was held in 2022 in New Delhi.

Meeting Objectives:

  • Regional Collaboration – Strengthening cyber security cooperation
  • BIMSTEC Nations – Bay of Bengal Initiative countries
  • Framework Development – Unified cybersecurity approach
  • Threat Mitigation – Addressing regional cyber threats
  • India’s Leadership – Hosting and coordinating regional efforts
🔐 BIMSTEC Overview

BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) includes Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand. The NSCS (National Security Council Secretariat) functions under the Government of India for national security coordination.

Kerala Launches KaWaCHaM Disaster Warning System

Kerala Chief Minister Pinarayi Vijayan launched KaWaCHaM (Kerala Warnings, Crisis, and Hazard Management System) at the Kerala State Disaster Management Authority (KSDMA) headquarters in Thiruvananthapuram. This advanced disaster risk warning system is designed for timely alerts and faster rescue operations.

System Capabilities:

  • Early Warning – Timely alerts for impending disasters
  • Crisis Management – Coordinated emergency response
  • Hazard Monitoring – Real-time risk assessment
  • Faster Rescue – Improved emergency operations efficiency
  • Multi-Hazard Coverage – Floods, landslides, cyclones, etc.
⚠️ Disaster Management

The Kerala State Disaster Management Authority (KSDMA) is responsible for disaster preparedness and response in Kerala. Early warning systems significantly reduce disaster-related losses by enabling timely evacuation and preparedness measures.

Government Approves ₹500 Crore Capital Infusion into IFCI

The Government of India approved a ₹500 crore capital infusion into the Industrial Finance Corporation of India (IFCI) for FY 2024–25. The funds will be raised through a preferential issue of shares, aimed at strengthening IFCI’s financial position.

Parameter Details
Capital Infusion ₹500 crore
Financial Year 2024–25
Beneficiary IFCI (Industrial Finance Corporation of India)
Method Preferential issue of shares
Institution Type State-owned financial institution
🏦 IFCI Overview

Industrial Finance Corporation of India (IFCI) is a state-owned financial institution providing long-term finance to industrial projects. Capital infusion improves the balance sheet strength of financial institutions, enhancing their lending capacity and operational sustainability.

🔬 Science & Technology

India to Launch First Human Underwater Submersible under Deep Ocean Mission

India will launch its first-ever human underwater submersible under the Deep Ocean Mission, with the capability to reach a depth of 6,000 meters by 2026. This milestone was highlighted by Union Minister of State for Science & Technology Jitendra Singh during the second Mission Steering Committee meeting.

Mission Highlights:

  • Deep-Sea Manned Vehicle – India’s first human submersible
  • 6,000 Meters Depth – Target capability by 2026
  • Deep Ocean Mission – Comprehensive marine exploration program
  • Blue Economy Focus – Marine resource exploration and utilization
  • Technological Achievement – Major advancement in ocean engineering

Deep Ocean Mission Objectives:

  • Resource Exploration – Identifying deep-sea minerals and resources
  • Marine Biodiversity – Studying deep-ocean ecosystems
  • Climate Research – Understanding ocean’s role in climate change
  • Technology Development – Indigenous underwater capabilities
  • Energy Resources – Exploring offshore energy potential
🌊 Deep Ocean Exploration

The Deep Ocean Mission focuses on exploration of marine resources and development of India’s blue economy. Reaching 6,000 meters depth is technologically significant as it covers most of the ocean floor, enabling access to unexplored marine resources and ecosystems.

📊 Index & Rankings

NITI Aayog Releases Fiscal Health Index (FHI)

NITI Aayog released the Fiscal Health Index (FHI), evaluating the fiscal health of 18 major Indian states based on GDP contribution, demography, expenditure, revenue generation, and fiscal stability. Odisha ranked first while Punjab ranked last in the comprehensive assessment.

Five Key Indicators:

  • Quality of Expenditure – Productive spending and capital investment
  • Revenue Mobilization – Tax and non-tax revenue generation capacity
  • Fiscal Prudence – Responsible deficit and debt management
  • Debt Index – Overall debt burden assessment
  • Debt Sustainability – Long-term fiscal viability
Position State Performance
1st Odisha Best fiscal health
Last Punjab Needs fiscal consolidation
Total States Evaluated: 18

Index Evaluation Criteria:

  • GDP Contribution – Economic output and growth
  • Demography – Population and development indicators
  • Expenditure Patterns – Allocation efficiency
  • Revenue Generation – Own resource mobilization
  • Fiscal Stability – Sustainable financial management
📈 Fiscal Health Importance

NITI Aayog (National Institution for Transforming India) is the Government of India’s policy think tank. Fiscal health reflects sustainable financial management of states, indicating their capacity to fund development while maintaining financial stability and debt sustainability.

📅 Important Days

International Day of Clean Energy – January 26

The International Day of Clean Energy is observed annually on January 26 to highlight the role of clean energy in reducing greenhouse gas (GHG) emissions and promoting reliable and sustainable energy sources globally.

Day’s Objectives:

  • GHG Reduction – Lowering greenhouse gas emissions through clean energy
  • Renewable Promotion – Encouraging solar, wind, hydro power adoption
  • Sustainable Development – Supporting climate action goals
  • Energy Transition – Moving away from fossil fuels
  • Global Awareness – Educating about clean energy benefits

Clean Energy Sources:

  • Solar Power – Photovoltaic and concentrated solar
  • Wind Energy – Onshore and offshore wind farms
  • Hydropower – River and tidal energy
  • Geothermal – Earth’s heat energy
  • Biomass – Sustainable organic fuel
🌱 Clean Energy Impact

Clean energy includes solar, wind, hydro, geothermal, and other renewable sources that produce minimal or zero greenhouse gas emissions. Transitioning to clean energy is critical for combating climate change and achieving sustainable development goals.

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Prashant Chadha

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