DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 3rd February 2025
Archives (PRELIMS & MAINS Focus) THE BUDGET Syllabus: Prelims & Mains – ECONOMY Context: Finance Minister Nirmala Sitharaman presented her eighth consecutive Budget on Feb 1st. Background: – Finance Minister lists four engines of development in the Union Budget 2025-26. These are agriculture, MSMEs, investments, and exports. Key takeaways Agriculture The government will promote self-sufficiency in pulses, focusing on the production and procurement of toor, urad, and masur. Bihar will get a Makhana board, to boost the cultivation and marketing of fox nuts. The people engaged in Makhana cultivation will be organized in FPOs. Bihar accounts for about 85 per cent of the total Makhana production of the country. ‘Rural Prosperity and Resilience’ program will be launched in collaboration with states. This initiative aims to tackle under-employment in agriculture by promoting skill development, investment, technology adoption, and revitalization of the rural economy. The objective is to create abundant opportunities in rural areas, ensuring migration remains a choice rather than a necessity. A National Mission on High Yielding Seeds will be launched. The loan limit under the Modified Interest Subvention Scheme will be enhanced from Rs. 3 lakh to 5 lakh for loans taken through the KCC. A new scheme for the agriculture sector—Prime Minister Dhan Dhanya Krishi Yojana (PMDDKY). The scheme will be on the lines of Aspirational Districts Programme (ADP) and will be implemented across agriculture districts. MSMEs To help them achieve higher efficiencies of scale, technological upgradation and better access to capital, the investment and turnover limits for classification of all MSMEs will be enhanced. In a boost to credit to Micro industries, the government will provide customised credit cards with limit of Rs 5 lakh under Udyam portal. Building on the National Action Plan for Toys, the government will implement a scheme to make India a global hub for toys – promoting ‘Make in India’ brand. The government will launch the National Manufacturing Mission covering small, medium, and large enterprises for furthering Make in India. The Mission will also support clean tech manufacturing, given India’s commitment to climate-friendly development. Investments Extension of Jal Jeevan Mission until 2028 to obtain 100 percent coverage. The Government will establish a ₹1 lakh crore Urban Challenge Fund to support initiatives like ‘Cities as Growth Hubs,’ ‘Creative Redevelopment,’ and ‘Water & Sanitation’. The fund will cover up to 25% of viable project costs, requiring at least 50% funding from bonds, bank loans, or PPPs. A Nuclear Energy Mission for research & development of Small Modular Reactors (SMR) with an outlay of Rs. 20,000 crore will be set up. The Shipbuilding Financial Assistance Policy will be revised to offset cost disadvantages, including Credit Notes for shipbreaking in Indian yards to support the circular economy. Budget announced a ‘Deep Tech Fund of Funds’ for next generation startups and ten thousand PM research fellowships for technological research in IITs and IISc in next 5 years. The 2nd Gene Bank was announced with 10 lakh germplasm lines will be set up for future food and nutritional security. (Supporting both public and private sector.) Exports Establish an Export Promotion Mission to enhance export credit access and support MSMEs in global markets. BharatTradeNet: Develop a unified digital platform for international trade documentation and financing solutions. Global Supply Chain Integration: Support domestic manufacturing to integrate India’s economy into global supply chains, focusing on Industry 4.0 and youth talent. National Framework for GCC: Create a framework to promote Global Capability Centres in tier 2 cities, focusing on talent and infrastructure. Source: Indian Express CITIZENSHIP LAWS Syllabus: Prelims & Mains – POLITY Context: In the gale of executive orders announced after Trump assumed office for a second term, the President issued one diluting birthright citizenship, which has been written into the U.S. Constitution since 1866. The order has been challenged in court in more than 20 States and a federal judge has temporarily blocked it. Background: – If implemented, it will mean that children born to illegal immigrants — as well as those legally in the U.S. on temporary visas for study, work or tourism purposes — will not be eligible for automatic U.S. citizenship. At least one parent must now be a U.S. citizen or legal permanent resident, the order says. Key takeaways The 14th amendment to the U.S. Constitution, which granted citizenship to “all persons born or naturalized in the United States, and subject to the jurisdiction thereof” was enacted in 1866, against the backdrop of the Civil War which had just ended. Trump’s supporters rail against the practice of birth tourism, or anchor babies, where foreign nationals seek to give birth in the U.S., in the hope that those babies will be able to help their families migrate to the country as well. How do citizenship laws vary? The U.S. follows the principle of jus soli (the right of soil), based on geography regardless of parental citizenship, as opposed to jus sanguinis (the right of blood), which gives citizenship based on the nationality of the child’s parents. There are only 37 countries which currently enforce the jus soli principle, of which 29 are in the Americas. Of the other eight, two are in India’s neighbourhood: Nepal and Pakistan, though the latter introduced a Bill seeking to end this. Jus soli historically allowed colonisers to quickly outnumber native populations as citizens. Countries that have traditionally built their national character through diverse immigrant populations have used jus soli as a way of integrating diversity into the common stream of nationhood. Countries protective of their culture and identity have generally followed the principle of jus sanguinis. Jus soli derives from English common law and, until anti-migrant backlash a few decades ago, was implemented in the U.K. and most of its former colonies, including India. India offered automatic citizenship to all those born on Indian soil before 1987. Introducing the Citizenship Bill in Parliament in 1955, then-Home Minister Govind Ballabh Pant said, “The mere fact of birth in India invests with it the right of citizenship in India. We have taken a cosmopolitan view and it is
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