Daily News Analysis

Multilateral Development Banks (MDBs)

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    1. It is an international financial institution established by two or more countries for the purpose of encouraging economic development in poorer nations.
    2. It consists of member nations from both developed and developing countries.
    3. It intends to provide loans and grants to member nations to fund projects to support social and economic development in the areas of infrastructure, energy, education, and environmental sustainability in the poor countries.
    4. It evolved on the background of WW-II to rebuild war-ravaged nations and stabilize the global financial system.
    5. The MDBs are subject to international law.
    6. MDBs do not seek to maximize profits unlike the commercial banks as they prioritize development goals to improve the economic conditions of impoverished or developing nations.
    7. Two types of MDBs:
      1. The first type includes the largest and best-known institutions that makes loans and grants such as the World Bank and the Inter-American Development Bank (IDB).
      2. The second type includes MDBs formed by governments of low-income countries that can then borrow collectively via the MDB in order to secure more favourable rates.

Cultural Appropriation

Cultural appropriation refers to the adoption of elements from one culture by members of another, often in ways that exploit, disrespect, or commodify the original culture. This becomes particular
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GIAHS Programme and India’s Agricultural Heritage

India, home to diverse agricultural systems, has recently gained recognition for hosting three Globally Important Agricultural Heritage Systems (GIAHS). This milestone was highlighted by the Minis
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Made in India Label Scheme

The Made in India Label Scheme has recently been supported by a proposed allocation of INR 995 crores over the next three years, a move that highlights the Indian government’s commitment to
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RBI’s 7 Sutras for AI Adoption

The Reserve Bank of India (RBI) has recently introduced the Framework for Responsible and Ethical Enablement of Artificial Intelligence (FREE-AI), outlining 7 guiding sutras for the ethical use of
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Left-Wing Extremism (LWE)

India’s fight against Left-Wing Extremism (LWE) has seen notable progress, marked by a dramatic reduction in insurgent incidents and a significant contraction of the Red Corridor. The insurg
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Didayi Tribe

The Didayi Tribe in Odisha has made headlines with Champa Raspeda, a student from the tribe, becoming the first member to clear the NEET 2025 exam. About the Didayi Tribe Location: Th
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INS Aridhaman

India is set to significantly strengthen its strategic defence capabilities with the upcoming induction of INS Aridhaman, the third nuclear-powered ballistic missile submarine (SSBN) in its fleet.
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Fast Track Special Courts Scheme

The Fast Track Special Courts (FTSCs) Scheme, which was introduced by the Ministry of Law & Justice under the Nirbhaya Fund, is an initiative aimed at expediting the trial of rape and child se
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Elephant Conservation in India

World Elephant Day: A Global Conservation Effort On 12th August 2025, the Ministry of Environment, Forest and Climate Change (MoEF&CC) observed World Elephant Day in Coimbatore, with a focu
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Flash Flood in Dharali Village

The flash flood in Dharali village, Uttarkashi, highlights the growing threat of disasters caused by extreme weather events in the Indian Himalayan Region (IHR). Factors Driving Frequent Disast
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