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Current Affairs : 4 January 2025

  1. Maharashtra Launches Reading Campaign
    • The Maharashtra government initiated a 15-day “Reading Resolution of Maharashtra” campaign from January 1 to January 15, 2025.
    • Aimed at promoting a culture of reading among students, the campaign includes various events in universities, colleges, and public libraries.
  2. Grameen Bharat Mahotsav Inaugurated
    • Prime Minister Narendra Modi inaugurated the Grameen Bharat Mahotsav in Delhi, running from January 4 to January 9, 2025.
    • The event aims to showcase rural entrepreneurship and cultural heritage, focusing on building a resilient rural economy.
  3. World Braille Day Observed
    • January 4 is recognized as World Braille Day to raise awareness about the importance of Braille for blind and partially sighted individuals.
    • The day commemorates the birth of Louis Braille, the inventor of the Braille system.
  4. Launch of BAANKNET Portal
    • The revamped portal ‘BAANKNET’ for e-auction of properties was launched on January 3, 2025.
    • This initiative aims to streamline property auctions from Public Sector Banks (PSBs), enhancing transparency and accessibility.
  5. International Handball Championship Begins
    • The International Championship of Handball (IHF) Trophy for Men’s Youth and Junior categories commenced in Lucknow.
    • Four countries are participating: India, Bangladesh, Kazakhstan, and Uzbekistan.
  6. DPIIT Signs MoU with Startup Policy Forum
    • The Department for Promotion of Industry and Internal Trade (DPIIT) signed a Memorandum of Understanding (MoU) with the Startup Policy Forum (SPF).
    • This collaboration aims to promote the Indian startup ecosystem globally and will include a two-day SPF Baithak in New Delhi.
  7. Rural Poverty Ratio Declines
    • According to SBI Research, the rural poverty ratio in India fell below 5% for the first time in FY24, down to 4.86% from 7.2% in FY23.
    • This decline indicates significant progress in poverty alleviation efforts in rural areas.
  8. Defence Research and Development Organisation (DRDO) Celebrates Foundation Day
    • DRDO celebrated its 67th Foundation Day on January 2, 2025, highlighting its growth and contributions to national defense.
    • The year 2025 has been declared as the ‘Year of Reforms’ for DRDO.
  9. K S Manilal Passes Away
    • Renowned botanist K S Manilal, known for reviving the Latin book ‘Hortus Malabaricus’, passed away at the age of 86.
    • He was honored with the Padma Shri in 2020 for his contributions to botany.
  10. India’s Economic Growth Projection
    • The Department of Economic Affairs projected India’s GDP growth at 6.5% for FY25, considering global economic challenges.
  11. Launch of ‘Faral Sakhi’ Initiative
    • The Mira Bhayandar Municipal Corporation launched the ‘Faral Sakhi’ initiative to empower women entrepreneurs in traditional snack production.
  12. Current Account Deficit Update
    • The Reserve Bank of India reported a slight decrease in the Current Account Deficit (CAD) to 1.20% of GDP in Q2 of FY25.
  13. India’s Greenhouse Gas Emissions Report
    • According to the UN climate change office, India’s emissions decreased by 7.93% in 2020, with a goal to reduce GDP emission intensity by 45% by 2030.
  14. Discovery of Pallas’s Cat in India
    • Conservationists express concern over the decline of feline species, including Pallas’s cat, emphasizing the need for habitat protection.
  15. World Rapid Chess Championship Results
    • Volodar Murzin became the second-youngest FIDE World Rapid Champion, marking a significant achievement in chess.

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