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Economy & Finance Current Affairs

Latest Economy & Finance current affairs and general knowledge for UPSC, SSC, Banking and State PCS — with key points and exam facts.

Sci-Hub blocked: Can 'One Nation, One Subscription' ensure research access?

The Delhi High Court's order to block Sci-Hub has reignited debates on access to research papers. The article criticizes the academic publishing model where publicly funded scientists are unpaid, yet institutions face exorbitant subscription fees. It argues that Sci-Hub, despite copyright violations, provided crucial access. The "One Nation, One Subscription" (ONOS) initiative, approved with a ₹6,000 crore outlay, aims to provide bulk access to 13,000 journals for public institutions. However, concerns persist regarding ONOS's scope, cost-effectiveness, and its ability to address systemic issues like copyright transfer and dependence on foreign publishers.

  • The Delhi High Court's decision to block Sci-Hub has intensified discussions on equitable access to scholarly research and the ethics of academic publishing.
  • The current publishing model is criticized for charging exorbitant subscription fees to institutions while scientists, often publicly funded, receive no payment for their work.
  • Sci-Hub, despite its legal issues, served as a vital, albeit unauthorized, platform for researchers to access scientific literature, particularly in developing countries.
27 Aug 2025 Read more

Gender perspective on India's economic vulnerabilities amid U.S. tariffs

India's economic growth faces disruption from proposed 50% U.S. tariffs, targeting $40 billion in trade and impacting labour-intensive sectors like textiles, gems, and leather, which are major employers of women. These tariffs threaten millions of female jobs, exacerbating India's low female labour force participation rate (FLFPR) of 37-41.7%, a significant strategic liability. The article advocates for structural reforms to empower women as economic agents, drawing lessons from global superpowers and highlighting successful domestic initiatives like Karnataka's Shakti scheme and Rajasthan's Indira Gandhi Urban Employment Guarantee Scheme to boost women's mobility and access to job markets.

  • Proposed 50% U.S. tariffs on Indian exports, particularly affecting labour-intensive sectors, pose a direct threat to the employment of millions of Indian women.
  • India's persistently low female labour force participation rate (FLFPR) of 37-41.7% is identified as a critical economic vulnerability and a drag on GDP growth.
  • Empowering women as economic agents through structural reforms is crucial for India to leverage its demographic dividend and achieve sustained prosperity.
27 Aug 2025 Read more

India faces 50% U.S. tariffs, impacting exports and economy

The U.S. is implementing 25% additional tariffs on Indian imports, compounded by another 25% penalty for India's oil imports from Russia, totaling 50%. This measure is projected to severely impact Indian exports worth $47-48 billion, rendering them uncompetitive. Key sectors like apparel, textiles, gems, shrimp, carpets, and furniture are expected to face significant declines. India's government deems these tariffs "unfair" and is promoting a "Swadeshi mantra" to reduce export reliance, while China also opposes the U.S. tariffs.

  • The U.S. is imposing 25% additional tariffs on Indian imports, plus a 25% penalty for Russian oil imports, totaling 50%.
  • These tariffs are estimated to affect over $47 billion worth of Indian goods, making them uncompetitive in the U.S. market.
  • Labour-intensive sectors such as apparel, textiles, gems, and furniture are particularly vulnerable, with potential export plunges of up to 70%.
27 Aug 2025 Read more

New Online Gaming Act: Ban on Real Money Games, regulatory framework, and challenges

The Promotion and Regulation of Online Gaming Bill, 2025, recently passed by Parliament, aims to ban all forms of Real Money Games (RMGs) and their advertisements, while promoting e-sports and social gaming. The Act defines online money games broadly, encompassing skill-based games like Poker and Rummy if played for stakes. This move is driven by concerns over financial fraud, money laundering, tax evasion, and addiction linked to RMGs, with government data suggesting significant user losses and suicides. Critics argue the Act's failure to distinguish between games of skill and chance violates Article 19(1)(g) (Right to Trade and Occupation) and may face constitutional challenges, especially given that state governments already regulate betting and gambling.

  • The Promotion and Regulation of Online Gaming Bill, 2025, seeks to ban Real Money Games (RMGs) and their advertisements while promoting e-sports and social gaming.
  • The Act broadly defines online money games to include skill-based games played for stakes, raising concerns for the industry.
  • The government's rationale for the ban includes preventing financial fraud, money laundering, tax evasion, and addressing addiction and associated suicides.
26 Aug 2025 Read more

India-Japan ties: New priorities, strategic balancing amidst global flux

Prime Minister Narendra Modi's upcoming visit to Japan, followed by China, highlights India's strategic intent amidst global geopolitical shifts. Japan is set to announce a ¥10 trillion ($68 billion) investment plan in India over the next decade, focusing on infrastructure, manufacturing, clean energy, and technology. This visit underscores Japan's long-term stake in India's growth and its willingness to transfer cutting-edge technology. India's engagement with both Tokyo and Beijing in the same week reflects a strategic balancing act, aiming to advance economic security and defence cooperation with Japan while managing tensions with China. The article also touches on the unpredictability of the U.S. under Trump, which makes reliable partners like Japan crucial for India's Indo-Pacific vision.

  • PM Modi's visit to Japan and China signifies India's strategic balancing act in a changing global geopolitical landscape.
  • Japan is pledging a significant ¥10 trillion investment in India over the next decade, focusing on key sectors like infrastructure and technology.
  • The visit aims to deepen economic security, defence cooperation, and Indo-Pacific stability with Japan, while maintaining open channels and managing tensions with China.
26 Aug 2025 Read more

India significantly underestimating economic costs of invasive species, global study reveals

A new international study reveals that damage from non-native invasive plants and animals has cost society over $2.2 trillion worldwide, with costs potentially underestimated by 16 times. India shows the highest percentage discrepancy in management expenditure (1.16 billion percent), suggesting substantial unrecorded or underreported spending. Globally, non-native plants are the most economically impactful, costing $926.38 billion, followed by arthropods and mammals. The study attributes the spread of invasive species to trade and travel, exacerbated by globalization. It calls for improved data collection, comprehensive tracking of expenditures, and robust reporting mechanisms in India, alongside better implementation of international policies like the Ballast Water Management Convention and Convention on Biological Diversity.

  • Global economic costs from invasive species exceed $2.2 trillion, with previous estimates significantly underestimating the true impact.
  • India exhibits the highest percentage discrepancy in management expenditure for invasive species, indicating substantial hidden costs due to underreporting.
  • Non-native plants are the most economically damaging invasive species globally, followed by arthropods and mammals.
25 Aug 2025 Read more

India's tobacco control laws are inadequate, especially for smokeless tobacco, hindering public health

India's tobacco control measures, particularly the COTPA 2003, are deemed inadequate and poorly implemented, especially concerning smokeless tobacco (SLT). SLT, being cheaper and less stigmatized, is widely consumed and highly carcinogenic. The article highlights gaps such as weak regulation of SLT, unchecked surrogate advertising, and insufficient fiscal measures, with low taxation on bidis, cigarettes, and SLT making them affordable. It also points out the lack of effective evaluation for warning signs and the need for a comprehensive, multi-pronged strategy involving stronger policies, research, oversight, and collaboration to curb tobacco use and industry interference.

  • India's existing tobacco control laws, particularly COTPA 2003, are insufficient and poorly enforced, especially for smokeless tobacco (SLT).
  • SLT is more commonly consumed, highly addictive, and carcinogenic, yet it faces weak regulation, inadequate taxation, and pervasive surrogate advertising.
  • Low taxation on tobacco products, combined with rising incomes, has made them more affordable, undermining public health efforts.
24 Aug 2025 Read more

Centre denying fair share of funds and undermining federalism, says Tamil Nadu CM Stalin

Tamil Nadu Chief Minister M.K. Stalin accused the Centre of denying States their due share of financial devolution and undermining the independence of Finance Commissions, driven by "narrow political motives." He urged other States to form committees to protect their rights and promote federalism. Stalin highlighted historical efforts for State autonomy, including the Justice Rajamannar Committee (1969) and the Sarkaria Commission (1983), which warned against excessive centralisation. He also criticized the Union government's push for Hindi and its interference in Opposition-ruled States, advocating for stronger, self-reliant States for a united India.

  • Tamil Nadu CM M.K. Stalin alleges the Centre is politically motivated in denying States their financial share and undermining Finance Commissions.
  • He advocates for greater State autonomy and federalism, urging other States to join the movement.
  • Historical commissions like Justice Rajamannar Committee and Sarkaria Commission have previously addressed Union-State relations and centralisation.
24 Aug 2025 Read more

GoM approves simplified two-rate GST structure, proposes 40% for 'sin' goods

The Group of Ministers (GoM) on Rate Rationalisation has accepted the Centre's proposal for a simplified two-rate Goods and Services Tax (GST) structure, recommending it to the GST Council. The reform aims to reduce the weighted average GST rate from 14.4% to 9.5% by FY26-27. The proposal involves retaining the 5% and 18% slabs while eliminating the 12% and 28% slabs. Most items from the abolished slabs will shift to the 5% or 18% categories. However, 'sin' goods and services like tobacco, cigarettes, and online real-money gaming, previously in the 28% slab, will move to a higher 40% slab, with the existing compensation cess on these items being removed. States have raised concerns about potential revenue loss.

  • The GoM on Rate Rationalisation has endorsed the Centre's proposal for a two-rate GST structure.
  • The new structure will retain 5% and 18% slabs, eliminating the 12% and 28% slabs.
  • 'Sin' goods and services will be moved to a higher 40% slab, replacing the existing compensation cess.
22 Aug 2025 Read more

Lok Sabha passes Bill to ban real money online gaming, targeting fantasy sports and card games

The Lok Sabha passed the Promotion and Regulation of Online Gaming Bill, 2025, by voice vote, aiming to prohibit the offering, operation, facilitation, advertisement, promotion, and participation in online money games, specifically targeting fantasy sports and card games where users risk money. The Bill defines 'real money gaming' to include platforms like Dream11 and PokerBaazi. The online gaming industry, with annual revenues exceeding ₹31,000 crores and employing over two lakh people, faces strict regulations. Punishments for violations include imprisonment up to three years and/or fines up to ₹1 crore. The legislation also bans related advertisements and restricts financial institutions from transferring funds for such games.

  • The Lok Sabha passed a Bill to prohibit real money online gaming, including fantasy sports and card games where users risk money.
  • The Bill aims to regulate and ban the operation, promotion, and participation in such online games.
  • Penalties for violations include significant imprisonment terms and hefty fines.
21 Aug 2025 Read more

Making India's climate taxonomy framework effective for green finance and net-zero goals

India's Ministry of Finance released a draft Climate Finance Taxonomy to mobilize climate-aligned investments, prevent greenwashing, and clarify contributions to mitigation, adaptation, or transition. The article proposes a robust review architecture, including annual reviews for timely course correction and recurring five-year reviews aligned with India's Nationally Determined Contributions and global stocktake. It emphasizes legal coherence with existing laws (Energy Conservation Act, SEBI norms, Carbon Credit Trading Scheme) and international obligations, ensuring clarity and enforceability. The taxonomy's success hinges on transparent review, stakeholder engagement, and accessibility for all sectors, including MSMEs and the informal sector.

  • India's draft Climate Finance Taxonomy aims to guide climate-aligned investments, combat greenwashing, and clarify contributions to climate goals.
  • A two-tiered review mechanism is proposed: annual reviews for course correction and five-year comprehensive reviews aligned with national and international climate commitments.
  • The review must ensure legal coherence with Indian laws like the Energy Conservation Act and SEBI norms, and international obligations.
20 Aug 2025 Read more

Impact of ethanol blending: Economy, environment, and challenges for India

India has achieved its target of 20% ethanol blending (E20) in petrol five years ahead of schedule, driven by fiscal incentives for the sugarcane industry. While the government cites benefits like reduced emissions, increased farmer income, and lower oil import bills, vehicle owners express concerns about reduced mileage and increased maintenance. The policy's environmental impact is debated, especially regarding the water-intensive nature of sugarcane cultivation and its contribution to land degradation. India is also diversifying ethanol sources to include rice and corn, leading to increased corn imports. The US views India's policy as a trade barrier. Furthermore, the article questions if ethanol blending truly aids decarbonization compared to the faster adoption of EVs, which faces its own challenges like dependence on rare earth elements.

  • India achieved its 20% ethanol blending target (E20) ahead of schedule, primarily using sugarcane.
  • Vehicle owners report concerns about reduced mileage and higher maintenance costs with E20 petrol.
  • The environmental sustainability of sugarcane-based ethanol is questioned due to its high water demand and impact on land degradation.
18 Aug 2025 Read more

Jan Vishwas (Amendment) Bill 2025 to decriminalise minor offences for ease of living and business

The Jan Vishwas (Amendment of Provisions) Bill, 2025, is set to be introduced in the Lok Sabha to decriminalise minor offences, promoting ease of living and doing business. This bill proposes amendments to over 350 provisions across various enactments. It builds upon the Jan Vishwas (Amendment to Provisions) Act, 2023, which previously decriminalised 183 provisions. The government's initiative aims to abolish unnecessary laws that lead to imprisonment for trivial matters, simplify legal frameworks, and enhance trust-based governance, reflecting Prime Minister Modi's commitment to improving India's business climate and placing public interests first.

  • The Jan Vishwas (Amendment of Provisions) Bill, 2025, aims to decriminalise minor offences.
  • The primary goal is to promote ease of living and doing business in India.
  • Over 350 provisions are proposed to be amended through this new Bill.
18 Aug 2025 Read more

India's new approach to engaging Africa: A case study of Namibia

India is reshaping its engagement with Africa through a quieter, adaptive approach, focusing on shared historical solidarities, pragmatic cooperation, and long-term investments, exemplified by its relationship with Namibia. This contrasts with Western engagement often tied to conditional aid. India's strategy includes targeted investments in capacity-building, like the India-Namibia Centre of Excellence in IT, and promoting knowledge-based cooperation, such as Namibia's adoption of India's UPI. While the recent Indian head of government's visit to Namibia yielded modest outcomes, missing major agreements on critical minerals, India's approach emphasizes trust, inclusive dialogue, and letting African priorities shape the agenda, aiming for sustained investment and institutional coherence.

  • India is adopting a new, adaptive, and trust-based approach to engaging African nations, distinct from Western models.
  • The strategy involves leveraging shared historical ties, fostering pragmatic cooperation, and making long-term investments.
  • Key initiatives include capacity-building in IT and promoting knowledge-based cooperation, such as Namibia's adoption of India's UPI.
18 Aug 2025 Read more

New Income Tax Bill 2025 simplifies law but raises privacy concerns over search provisions

The Income Tax Bill 2025, passed by Parliament, replaces the outdated Income Tax Act of 1961, aiming for simpler, more concise, and clearer legislation. It significantly reduces the number of chapters and sections, increases tables and formulae for clarity, and simplifies language. Taxpayer-friendly features include allowing updates to income tax returns up to four years from the assessment year's end without penalty and reducing the assessment reopening period to five years. However, new provisions regarding searches by tax officials are concerning, as they mandate sharing passwords for electronic documents, including social media and personal emails, and empower officials to override computer system access codes, raising privacy issues.

  • The Income Tax Bill 2025 replaces the Income Tax Act of 1961, aiming to simplify and rationalize India's income tax legislation.
  • The new Bill significantly reduces the number of chapters (from 47 to 23) and sections (from 819 to 536) while simplifying language.
  • Taxpayer-friendly provisions include allowing income tax returns to be updated up to four years from the assessment year's end without penalty.
17 Aug 2025 Read more

India-UK Digital Trade Compact: Balancing Economic Gains and Regulatory Concerns

India's digital trade compact, Chapter 12 of the India-U.K. Comprehensive Economic and Trade Agreement (CETA), marks a new step in global digital economy engagement. The agreement offers "digital wins" like mutual recognition of electronic signatures, paperless trade, and zero customs duties for electronic transmissions, boosting India's software export pipeline (estimated at $30 billion annually). However, critics raise "digital costs," such as India stepping back from source-code checks as a default regulatory tool. While government procurement is excluded, and a general security exception exists, the compact lacks "automatic MFN" for cross-border data flows, instead relying on a forward review mechanism. The agreement reflects India's shift towards strategic engagement but highlights the need for robust domestic regulatory frameworks like the Digital Personal Data Protection Act of 2023 and regular reviews to align with evolving risks.

  • The India-U.K. Comprehensive Economic and Trade Agreement (CETA) includes a significant digital trade compact.
  • Key benefits ("digital wins") include recognition of electronic signatures, paperless trade, and zero customs duties for electronic transmissions, boosting software exports.
  • Concerns ("digital costs") include India's potential retreat from source-code checks as a default regulatory tool, though case-by-case access is allowed.
16 Aug 2025 Read more

India Urged to Rethink Trade Strategy Amid US Tariffs and Deadlocked Negotiations

India faces significant trade challenges, particularly with the US imposing 25% tariffs on seafood, potentially rising to 50%. The government is exploring adjustments to the Export Promotion Mission (EPM), a multi-Ministry project with a ₹2,250 crore outlay for FY25, aimed at supporting Micro, Small, and Medium Enterprises (MSMEs) by providing cheaper export credit and overcoming non-trade barriers. Bilateral trade agreement negotiations with the US are deadlocked, prompting a call for India to diversify into other markets and refashion trade ties with neighbours like China. The MSME sector, contributing nearly half of goods exports and employing 28 crore people, requires drastic governmental intervention, with specific demands for credit moratoriums and interest subvention from affected sectors like seafood and textiles.

  • India is facing trade challenges, including 25% US tariffs on seafood, which could increase to 50%.
  • The government is considering tweaking the Export Promotion Mission (EPM) to support MSMEs with export credit and address non-trade barriers.
  • Bilateral trade negotiations with the US are stalled, necessitating a diversification of India's trade markets.
16 Aug 2025 Read more

Centre Proposes Major GST Overhaul: Fewer Slabs and Rate Rationalisation

The Centre has proposed significant reforms to the Goods and Services Tax (GST) system, aiming to reduce the number of tax slabs. The 12% and 28% slabs are set to be eliminated, retaining primarily the 5% and 18% rates. A new concessional rate below 1% will be introduced for items like gold and silver, alongside a high "sin rate" of 40% for five to seven specific goods such as tobacco and gutka. This rationalization will move 99% of items from the 12% slab to 5% and 90% from the 28% slab to 18%. The reforms, part of "next-generation GST reforms," are expected to reduce the tax burden on common citizens and boost consumption, though they may initially impact revenue.

  • The Centre proposes to overhaul the GST structure by eliminating the 12% and 28% tax slabs.
  • The new structure will primarily retain 5% and 18% slabs, with a sub-1% concessional rate and a 40% "sin rate."
  • Most items from the abolished 12% and 28% slabs will be moved to the 5% and 18% categories, respectively.
16 Aug 2025 Read more

PM Modi's Independence Day Address: Self-Reliance, Economic Reforms, and Demographic Concerns

Prime Minister Narendra Modi, in his Independence Day address, emphasized self-reliance (aatmanirbharta) across economic and security sectors. He announced major reforms including Mission Sudarshan Chakra for air defence by 2035, Pradhan Mantri Viksit Bharat Rozgar Yojana offering ₹15,000 grants for first-time private sector employees, and the launch of 'Made-in-India' semiconductor chips by 2025. India aims to increase nuclear energy capacity tenfold by 2047. Modi also highlighted the success of Indian-made arms in Operation Sindoor and stressed innovation in AI, cyber security, and deep-tech. A significant part of his speech warned of a "conspiracy to change the country's demographic make-up," leading to the establishment of a High Powered Demographic Mission.

  • Prime Minister Modi's Independence Day speech focused on national self-reliance, economic reforms, and security enhancements.
  • Key initiatives announced include Mission Sudarshan Chakra for air defence, Pradhan Mantri Viksit Bharat Rozgar Yojana for employment, and 'Made-in-India' semiconductor chips.
  • India plans to significantly boost its nuclear energy capacity and emphasized innovation in critical technologies like AI and cybersecurity.
16 Aug 2025 Read more

Temporary dip in inflation offers limited gains amidst growth slowdown concerns

India is experiencing a temporary dip in retail inflation, with July's figure at 1.55%, the lowest since June 2017, primarily due to contracting food prices and a favorable base effect. Core inflation also fell to 4.1%, aligning with RBI's target. While the inflation outlook appears positive, especially with a good monsoon, concerns about a growth slowdown persist. Indicators like the Index of Industrial Production (IIP) at a 10-month low, single-digit GST revenue growth, contracting direct tax collections, and an 18-month low in car sales suggest a lack of robust economic activity. The RBI maintains an optimistic 6.5% growth forecast, but structural problems, weak demand, and potential impacts from U.S. tariffs mean the temporary inflation dip offers only limited relief.

  • Retail inflation in July fell to 1.55%, the lowest since June 2017, mainly due to contracting food prices.
  • Core inflation also dropped to 4.1%, meeting the RBI's target.
  • Despite positive inflation trends, India faces concerns about a growth slowdown.
14 Aug 2025 Read more

Drones as war game-changers: India's opportunity to fill Indo-Pacific drone market vacuum

The increasing integral role of drones in modern warfare, highlighted by recent conflicts, presents an opportunity for India to become a significant supplier in the Indo-Pacific drone market. With the U.S. struggling to meet domestic and export demands due to regulations like the Missile Technology Control Regime (MTCR), and China/Türkiye being unreliable partners for India, a vacuum exists. India, needing advanced UAVs for its diverse terrains and contested borders, can leverage its technological advancements and existing ties with Israel to develop and supply fixed-wing UAVs. This would not only fulfill its own strategic needs but also boost trade and influence with Indo-Pacific countries facing similar maritime domain awareness and high-altitude border patrol requirements, fostering trust-based relationships in a polarized region.

  • Drones have become crucial for precision strikes in modern warfare, as demonstrated by recent conflicts.
  • A vacuum exists in the Indo-Pacific drone market due to U.S. export limitations (e.g., MTCR) and India's adversarial relations with China and Türkiye.
  • India needs advanced UAVs for maritime domain awareness and high-altitude border patrol across its diverse and contested borders.
14 Aug 2025 Read more

African nations challenge China's mining dominance, demand fairer, transparent partnerships

African nations are increasingly scrutinizing China's long-standing dominance in their mining sector, demanding greater value addition, transparency, and local benefits. This shift is driven by a new wave of resistance from governments and civil society, challenging the traditional model of raw resource extraction in exchange for infrastructure. Countries like the Democratic Republic of Congo (DRC) are renegotiating contracts, while Zimbabwe and Namibia have banned unprocessed lithium exports to force local processing. Although China remains Africa's largest mining partner, its hegemony is no longer guaranteed as African governments reassert sovereignty over natural resources, enforce environmental standards, and redraw engagement terms to foster economic transformation and local participation in the global mineral supply chain.

  • African nations are increasingly challenging China's dominance in their mining sector.
  • The shift is driven by demands for fairer, more transparent partnerships, local value addition, and economic sovereignty.
  • Countries like DRC are renegotiating existing contracts, while Zimbabwe and Namibia have banned unprocessed lithium exports.
14 Aug 2025 Read more

Government considers raising parental income limits for SC/ST scholarships to expand coverage

The Union government is considering revising the parental income limits for eligibility in post and pre-matric scholarships for Scheduled Castes (SCs), Scheduled Tribes (STs), Other Backward Classes (OBCs), and Denotified Tribes (DNTs). The Ministry of Tribal Affairs proposes raising the limit for ST scholarships to ₹4.5 lakh from the current ₹2.5 lakh, with similar discussions for SCs, OBCs, and DNTs. This move comes as data shows a significant drop in beneficiaries across these categories from 2020-21 to 2024-25. Parliamentary committees have recommended a "suitable rise" in income limits, emphasizing that the current low limits prevent many needy families from accessing these centrally sponsored schemes, which are funded by both Union and State governments.

  • The Union government is reviewing parental income limits for pre-matric and post-matric scholarships for SCs, STs, OBCs, and DNTs.
  • The Ministry of Tribal Affairs suggests raising the income limit for ST scholarships to ₹4.5 lakh from ₹2.5 lakh.
  • The number of beneficiaries for these scholarships has significantly decreased across all categories from 2020-21 to 2024-25.
14 Aug 2025 Read more

India's first private Earth Observation satellite constellation under PPP model to be established

The Indian National Space Promotion and Authorisation Centre (IN-SPACE) has selected the PixxelSpace India-led consortium to design, build, and operate India's first fully indigenous commercial Earth Observation (EO) satellite constellation under a Public-Private Partnership (PPP) model. This consortium, comprising Piersight Space, Satsure Analytics India, and Dhruva Space, will invest over ₹1,200 crore to launch a constellation of 12 state-of-the-art EO satellites over the next five years. The initiative aims to reduce India's reliance on foreign sources for high-resolution satellite data, ensure data sovereignty, and provide Analysis Ready Data (ARD) and Value-Added Services (VAS) for various applications, including climate change monitoring, disaster management, agriculture, and national security.

  • IN-SPACE has selected the PixxelSpace India-led consortium for India's first indigenous commercial Earth Observation (EO) satellite constellation.
  • The project will operate under a Public-Private Partnership (PPP) model.
  • The consortium plans to invest over ₹1,200 crore to launch 12 state-of-the-art EO satellites within five years.
14 Aug 2025 Read more

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