DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 26th March 2025
Archives (PRELIMS & MAINS Focus) VIKRAMSHILA UNIVERSITY Syllabus: Prelims – HISTORY Context: A decade after Nalanda University came up in the foothills of Rajgir, work is on to revive another ancient centre of learning in Bihar — Vikramshila. Background: – The ASI has been developing the ancient Vikramshila University site since December to boost tourism, while the Bihar government recently allocated 202.14 acres in Antichak, Bhagalpur, for the proposed Central University. Despite the Centre’s 2015 approval and a ₹500 crore sanction, the project had stalled due to land allocation delays. Key takeaways Vikramshila University was an ancient center of learning established during the Pala Empire in medieval India. It was renowned for its focus on Buddhist education, particularly the Vajrayana sect of Mahayana Buddhism. Key Facts: Founded by: Dharmapala (c. 8th–9th century), a ruler of the Pala Dynasty. Location: Present-day Bhagalpur, Bihar. Notable Scholars: Atisha Dipankara Srijnana – A key Buddhist scholar who spread Vajrayana Buddhism to Tibet. It had a rigorous selection process for scholars and focused on Buddhist philosophy, logic, grammar, and metaphysics. Supported by Pala rulers, who were great patrons of Buddhism. Destroyed by: Bakhtiyar Khilji in 1203 CE, during the Turkish invasions, along with Nalanda and Odantapuri universities. Comparison with Nalanda While Nalanda university flourished from the Gupta Period (320-550 AD) to the 12th Century, Vikramshila thrived during the Pala Period (8th to 12th century). While Nalanda got more international fame for teaching varied disciplines, Vikramshila was the only university that specialised in tantric and occult studies. In fact, during Dharmapala’s reign, Vikramshila reigned supreme and is known to have controlled Nalanda’s affairs as well. At its peak, subjects such as theology, philosophy, grammar, metaphysics and logic were taught at Vikramshila. But the most important branch of learning were the tantras because Vikramshila flourished in the days of tantricism, when occult sciences and magic were subjects of study both in Buddhism as well as Hinduism. While Nalanda is the older of the two universities, at one point, the two centres of learning, who had a common patron in King Dharmapala, exchanged knowledge and even teachers, who were called Acharyas. Source: Indian Express NATIONAL ORGAN AND TISSUE TRANSPLANT ORGANISATION Syllabus: Prelims & Mains – CURRENT EVENT Context: The Union Government has expressed “serious concern” over hospitals not sharing data on organ transplantation activities with the Ministry of Health and Family Welfare. Background: – In a communication sent to Health Secretaries of all States/Union Territories, the National Organ and Tissue Transplant Organisation (NOTTO), which functions under the Directorate General of Health Services, called for urgent intervention of the competent authority to check the non-compliance of the transplant hospitals in updating the organ transplantation data which was undermining the purpose of the National Transplant Registry. Key takeaways The National Organ and Tissue Transplant Organisation (NOTTO) is India’s apex body responsible for overseeing organ donation, procurement, and transplantation. It functions under the Ministry of Health and Family Welfare (MoHFW). Headquarters: New Delhi Governing Law: Transplantation of Human Organs and Tissues Act (THOTA), 1994 (amended in 2011) Objectives of NOTTO: Promote organ donation awareness in India Ensure equitable distribution of organs Maintain a national registry of organ donors and recipients Coordinate organ and tissue transplant activities across India Set guidelines for organ transplantation and procurement Structure of NOTTO: – It operates at three levels: National Level – NOTTO (New Delhi) Manages the National Organ and Tissue Donation and Transplant Registry Coordinates inter-state organ allocation Promotes national policies and awareness Regional Level – ROTTOs (Regional Organ and Tissue Transplant Organizations) 5 ROTTOs covering North, South, East, West, and Northeast India Coordinate between NOTTO and SOTTOs State Level – SOTTOs (State Organ and Tissue Transplant Organizations) Implement organ donation and transplant programs at the state level Register hospitals and maintain state donor lists Types of Organ Donations Regulated by NOTTO: Living Donor Transplantation: A living person donates an organ (e.g., kidney, liver segment). Deceased Donor Transplantation: Organs retrieved from brain-dead patients. Source: The Hindu PRIORITY SECTOR LENDING Syllabus: Prelims & Mains – ECONOMY Context: The Reserve Bank issued revised guidelines on Priority Sector Lending (PSL) to facilitate better targeting of bank credit to the priority sectors of the economy. The new guidelines will come into effect from April 1, 2025, the RBI said. Background: The major changes include the enhancement of several loan limits, including housing loans for enhanced PSL coverage, and the broadening of the purposes based on which loans may be classified under ‘renewable energy.’ There is also a revision of the overall PSL target for urban cooperative banks (UCBs) to 60% of Adjusted Net Bank Credit (ANBC) or Credit Equivalent of Off-Balance Sheet Exposures (CEOBSE), whichever is higher. The revised norms also expand the list of eligible borrowers under the category of Weaker Sections. Key takeaways Priority Sector Lending (PSL) is a policy initiative by the Reserve Bank of India (RBI) aimed at ensuring that certain sectors of the economy receive adequate credit. These sectors are considered crucial for economic development and include agriculture, micro, small, and medium enterprises (MSMEs), education, housing, renewable energy, and weaker sections of society. Key Features of PSL Targets: Banks are required to allocate a specific percentage of their Adjusted Net Bank Credit (ANBC) or Credit Equivalent of Off-Balance Sheet Exposures (CEOBSE) to priority sectors. For example, commercial banks must allocate 40% of their ANBC to PSL. Categories: PSL covers various categories such as: Agriculture: Loans for farmers, agricultural infrastructure, and allied activities. MSMEs: Credit for small businesses and startups. Export Credit: Loans to exporters. Education: Loans for students pursuing higher education. Housing: Loans for affordable housing projects. Renewable Energy: Financing for solar, wind, and other clean energy projects. Weaker Sections: Loans for economically disadvantaged groups. Monitoring and Penalties: Banks are monitored for compliance, and penalties are imposed for failing to meet PSL targets. Source: Money Control FINANCIAL ACTION TASK FORCE (FATF) Syllabus: Prelims – CURRENT EVENT Context: The Financial Action Task Force (FATF) Private Sector Collaborative Forum (PSCF) 2025 will be held from
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