{"id":7371,"date":"2026-01-08T09:43:51","date_gmt":"2026-01-08T09:43:51","guid":{"rendered":"https:\/\/mehnatt.com\/?p=7371"},"modified":"2026-01-08T09:43:51","modified_gmt":"2026-01-08T09:43:51","slug":"short-notes-on-current-affairs-01-01-2026","status":"publish","type":"post","link":"https:\/\/mehnatt.com\/?p=7371","title":{"rendered":"Short notes on Current Affairs 01.01.2026"},"content":{"rendered":"\n<h3 class=\"wp-block-heading has-text-align-center has-ast-global-color-6-background-color has-background\">Exercise DESERT CYCLONE\u2013II<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">1. Overview of the Exercise<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Exercise DESERT CYCLONE\u2013II concluded with a closing ceremony at Al-Hamra Training City in Abu Dhabi.<\/li>\n\n\n\n<li style=\"font-size:17px\">It marked the successful completion of the second edition of the India\u2013UAE Joint Military Exercise.<\/li>\n\n\n\n<li style=\"font-size:17px\">The exercise was conducted from December 18 to 30.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">2. Strategic Significance<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">The exercise reaffirmed the deepening defence partnership between India and the United Arab Emirates.<\/li>\n\n\n\n<li style=\"font-size:17px\">It underscored both countries\u2019 shared commitment to regional peace, security, and stability.<\/li>\n\n\n\n<li style=\"font-size:17px\">Such joint exercises strengthen military-to-military ties and signal enhanced cooperation in the West Asian security landscape, a region of strategic importance to India.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">3. Objectives of the Exercise<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">To enhance:\n<ul class=\"wp-block-list\">\n<li><strong>Interoperability<\/strong> between the two armed forces<\/li>\n\n\n\n<li><strong>Mutual trust<\/strong> and understanding<\/li>\n\n\n\n<li><strong>Operational synergy<\/strong> in complex operational environments<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">Special emphasis was placed on urban warfare scenarios and sub-conventional operations conducted under a United Nations mandate, reflecting contemporary peacekeeping and counter-insurgency challenges.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">4. Training Components<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">The exercise combined:\n<ul class=\"wp-block-list\">\n<li><strong>Classroom-based instruction<\/strong> for doctrinal and tactical alignment<\/li>\n\n\n\n<li><strong>Field-based practical training<\/strong> for real-world operational readiness<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">Training focused on operations in built-up and urban areas, a key feature of modern conflict zones.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">5. Key Military Drills and Activities<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Progressive and realistic drills included:\n<ul class=\"wp-block-list\">\n<li>Room intervention and building clearance<\/li>\n\n\n\n<li>Heliborne operations<\/li>\n\n\n\n<li>Air assault missions<\/li>\n\n\n\n<li>Platoon-level joint assault exercises<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">Both armies:\n<ul class=\"wp-block-list\">\n<li>Exchanged operational experiences<\/li>\n\n\n\n<li>Rehearsed and standardised tactics, techniques, and procedures (TTPs)<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">This standardisation improves coordination during joint or multinational deployments.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">6. Participating Units<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\"><strong>Indian Army contingent<\/strong>:\n<ul class=\"wp-block-list\">\n<li>45 personnel<\/li>\n\n\n\n<li>Primarily from a battalion of The Mechanised Infantry Regiment<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\"><strong>UAE Land Forces contingent<\/strong>:\n<ul class=\"wp-block-list\">\n<li>Represented by the 53 Mechanised Infantry Battalion<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">7. Broader Implications<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">The exercise enhances India\u2019s defence diplomacy in the Gulf region.<\/li>\n\n\n\n<li style=\"font-size:17px\">It improves preparedness for:\n<ul class=\"wp-block-list\">\n<li><strong>UN peacekeeping operations<\/strong><\/li>\n\n\n\n<li>Counter-terrorism and urban combat missions<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">DESERT CYCLONE\u2013II contributes to building a credible joint response capability for future regional or multilateral security challenges.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-ast-global-color-6-background-color has-background\">Ban on Certain Oral Formulations of Nimesulide<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">1. Key Decision by the Union Health Ministry<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">The Union Health Ministry has banned the manufacture, sale, and distribution of oral immediate-release formulations of nimesulide above 100 mg.<\/li>\n\n\n\n<li style=\"font-size:17px\">The ban has been imposed with immediate effect through an official notification issued earlier this week.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">2. Scope and Limits of the Ban<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">The prohibition does not apply to all forms of nimesulide.<\/li>\n\n\n\n<li style=\"font-size:17px\"><strong>Excluded from the ban<\/strong>:\n<ul class=\"wp-block-list\">\n<li>Oral formulations <strong>below 100 mg<\/strong><\/li>\n\n\n\n<li>Oral formulations above 100 mg in sustained-release or extended-release forms<\/li>\n\n\n\n<li><strong>Non-oral formulations<\/strong>, such as topical gels, creams, and suppositories<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">This indicates a targeted regulatory approach rather than a blanket ban.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">3. Legal and Regulatory Basis<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">The ban has been enforced under Section 26A of the Drugs and Cosmetics Act, 1940.<\/li>\n\n\n\n<li style=\"font-size:17px\">The decision was taken after consultation with the Drugs Technical Advisory Board (DTAB).<\/li>\n\n\n\n<li style=\"font-size:17px\">The government stated it was satisfied that the banned formulations pose a risk to human health and that safer alternatives are available.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">4. Health Concerns Driving the Ban<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\"><strong>Nimesulide<\/strong> is a <strong>non-steroidal anti-inflammatory drug (NSAID)<\/strong> used for:\n<ul class=\"wp-block-list\">\n<li>Pain relief<\/li>\n\n\n\n<li>Anti-inflammatory action<\/li>\n\n\n\n<li>Fever reduction<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">It is approved only for short-term, second-line use, meaning it should be used when other treatments fail.<\/li>\n\n\n\n<li style=\"font-size:17px\">The primary concern is <strong>potential liver toxicity (hepatotoxicity)<\/strong>, which has prompted regulatory scrutiny.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">5. Therapeutic Uses of Nimesulide<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">According to product characteristics, nimesulide is approved for:\n<ul class=\"wp-block-list\">\n<li><strong>Acute pain<\/strong><\/li>\n\n\n\n<li><strong>Symptomatic relief in painful osteoarthritis<\/strong><\/li>\n\n\n\n<li><strong>Primary dysmenorrhea<\/strong><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">Despite these uses, its safety profile has necessitated stricter control.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">6. Government\u2019s Risk\u2013Benefit Assessment<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">The Ministry concluded that:\n<ul class=\"wp-block-list\">\n<li>Immediate-release formulations above 100 mg pose higher health risks.<\/li>\n\n\n\n<li>The availability of safer alternative medicines reduces the need for high-dose immediate-release forms.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">The decision reflects a precautionary approach to drug regulation and public health protection.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">7. Broader Implications<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">The ban reinforces the government\u2019s role in:\n<ul class=\"wp-block-list\">\n<li><strong>Ensuring drug safety<\/strong><\/li>\n\n\n\n<li><strong>Preventing misuse of high-risk medications<\/strong><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">It signals increased regulatory vigilance over NSAIDs with adverse safety profiles.<\/li>\n\n\n\n<li style=\"font-size:17px\">The move balances continued access to the drug in safer forms while protecting public health.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-ast-global-color-6-background-color has-background\">BSNL Launches Voice over WiFi (VoWiFi) Services Nationwide<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">Announcement<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Bharat Sanchar Nigam Limited (BSNL) has announced the <strong>nationwide launch of Voice over WiFi (VoWiFi)<\/strong>.<\/li>\n\n\n\n<li style=\"font-size:17px\">The rollout coincides with the New Year, symbolising a step forward in service enhancement.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Coverage<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">VoWiFi is now available across all telecom circles in India, ensuring uniform access for BSNL customers nationwide.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">What VoWiFi Is<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Also known as <strong>Wi-Fi Calling<\/strong>, VoWiFi allows users to:\n<ul class=\"wp-block-list\">\n<li>Make and receive voice calls<\/li>\n\n\n\n<li>Send and receive messages<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">All communication happens over a Wi-Fi network instead of relying solely on mobile signal strength.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Key Benefits<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Ensures clear and reliable call quality in areas with poor mobile coverage such as:\n<ul class=\"wp-block-list\">\n<li>Homes and offices<\/li>\n\n\n\n<li>Basements<\/li>\n\n\n\n<li>Rural and remote locations<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">Helps reduce congestion on mobile networks.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Technology &amp; Functionality<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">VoWiFi is an IMS-based service (IP Multimedia Subsystem).<\/li>\n\n\n\n<li style=\"font-size:17px\">Supports seamless handover between Wi-Fi and mobile networks during calls.<\/li>\n\n\n\n<li style=\"font-size:17px\">Calls are made using the customer\u2019s existing mobile number and default phone dialer.<\/li>\n\n\n\n<li style=\"font-size:17px\">No third-party apps are required.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Cost to Customers<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">The service is <strong>free of charge<\/strong>.<\/li>\n\n\n\n<li style=\"font-size:17px\">No additional fees for making calls over Wi-Fi.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Connectivity Requirements<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Requires a <strong>stable Wi-Fi connection<\/strong>, which may include:\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">BSNL Bharat Fiber<\/li>\n\n\n\n<li style=\"font-size:17px\">Any other broadband service<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Target Beneficiaries<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Particularly advantageous for:\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Users in <strong>rural and underserved regions<\/strong><\/li>\n\n\n\n<li style=\"font-size:17px\">Areas with limited or unreliable mobile coverage<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Device Compatibility<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Supported on most modern smartphones.<\/li>\n\n\n\n<li style=\"font-size:17px\">Users need to enable Wi-Fi Calling in their handset settings.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Customer Support<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>For compatibility and assistance, customers can:\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Visit the nearest <strong>BSNL customer service centre<\/strong><\/li>\n\n\n\n<li style=\"font-size:17px\">Contact the BSNL helpline: 1800-1503<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Strategic Importance<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">The VoWiFi launch is a key part of BSNL\u2019s network modernisation programme.<\/li>\n\n\n\n<li style=\"font-size:17px\">Reinforces BSNL\u2019s commitment to enhancing nationwide connectivity, especially in underserved areas.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-ast-global-color-6-background-color has-background\">Credit Guarantee Scheme for Exporters<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">Credit Guarantee Scheme for Exporters (CGSE)<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">The <strong>CGSE<\/strong> is implemented by the <strong>Department of Financial Services (DFS)<\/strong>.<\/li>\n\n\n\n<li style=\"font-size:17px\">The scheme became operational from 01 December 2025.<\/li>\n\n\n\n<li style=\"font-size:17px\">It aims to support exporters during periods of global economic uncertainty and headwinds.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Role of Exports in the Indian Economy<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Exports are a critical pillar of India\u2019s economy, contributing nearly 21% of GDP.<\/li>\n\n\n\n<li style=\"font-size:17px\">They generate robust foreign exchange inflows, supporting macroeconomic stability.<\/li>\n\n\n\n<li style=\"font-size:17px\">Over 45 million people are directly and indirectly employed in export-oriented industries.<\/li>\n\n\n\n<li style=\"font-size:17px\">MSMEs contribute around 45% of India\u2019s total exports, highlighting their central role.<\/li>\n\n\n\n<li style=\"font-size:17px\">Sustained export growth supports:\n<ul class=\"wp-block-list\">\n<li><strong>Current account balance<\/strong><\/li>\n\n\n\n<li><strong>Overall macroeconomic stability<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Objectives of the Scheme<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Provide credit guarantees to exporters, especially MSMEs.<\/li>\n\n\n\n<li style=\"font-size:17px\">Enable banks and financial institutions (Member Lending Institutions \u2013 MLIs) to extend additional credit.<\/li>\n\n\n\n<li style=\"font-size:17px\">Improve liquidity and ensure business continuity.<\/li>\n\n\n\n<li style=\"font-size:17px\">Support export market diversification.<\/li>\n\n\n\n<li style=\"font-size:17px\">Enhance the global competitiveness of Indian exporters.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Key Features of CGSE<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Offers additional collateral-free credit support.<\/li>\n\n\n\n<li style=\"font-size:17px\">Total credit guarantee coverage of up to <strong>\u20b920,000 crore<\/strong>.<\/li>\n\n\n\n<li style=\"font-size:17px\">Applicable to both <strong>direct and indirect exporter MSMEs<\/strong>.<\/li>\n\n\n\n<li style=\"font-size:17px\">Working capital loans allowed up to 20% of existing export credit \/ working capital limits.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Implementation and Institutional Framework<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Implemented by DFS through National Credit Guarantee Trustee Company Limited (NCGTC).<\/li>\n\n\n\n<li style=\"font-size:17px\">Financial assistance is extended via eligible MLIs.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Performance and Uptake (as on 31.12.2025)<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\"><strong>1,788 applications<\/strong> received, amounting to <strong>\u20b98,599 crore<\/strong>.<\/li>\n\n\n\n<li style=\"font-size:17px\"><strong>716 applications sanctioned<\/strong>, totaling <strong>\u20b93,141 crore<\/strong>.<\/li>\n\n\n\n<li style=\"font-size:17px\">Strong response reflects high confidence among exporters and MSMEs.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Expected Impact<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Improves liquidity position of exporters and MSMEs.<\/li>\n\n\n\n<li style=\"font-size:17px\">Ensures continuity of operations during uncertain global conditions.<\/li>\n\n\n\n<li style=\"font-size:17px\">Helps in employment sustenance.<\/li>\n\n\n\n<li style=\"font-size:17px\">Enables exporters to:\n<ul class=\"wp-block-list\">\n<li>Build capabilities<\/li>\n\n\n\n<li>Enter new and emerging export markets<\/li>\n\n\n\n<li>Strengthen global competitiveness<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Validity of the Scheme<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">CGSE is open until 31 March 2026 or<\/li>\n\n\n\n<li style=\"font-size:17px\">Until guarantees worth \u20b920,000 crore are fully issued, whichever is earlier.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-ast-global-color-6-background-color has-background\">PFRDA Introduces Policy Reforms to Promote Sustainable Growth of NPS<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">Regulatory Reform for Pension Fund Sponsorship<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">The Pension Fund Regulatory and Development Authority (PFRDA) has approved <em>in principle<\/em> a new framework.<\/li>\n\n\n\n<li style=\"font-size:17px\">Scheduled Commercial Banks (SCBs) will now be permitted to independently set up Pension Funds to manage the National Pension System (NPS).<\/li>\n\n\n\n<li style=\"font-size:17px\">Objective:\n<ul class=\"wp-block-list\">\n<li>Strengthen the pension ecosystem<\/li>\n\n\n\n<li>Enhance competition<\/li>\n\n\n\n<li>Safeguard subscriber interests<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Eligibility and Safeguards<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">The framework addresses earlier regulatory constraints that limited bank participation.<\/li>\n\n\n\n<li style=\"font-size:17px\">Banks will be allowed to sponsor Pension Funds only if they meet clearly defined eligibility criteria, including:\n<ul class=\"wp-block-list\">\n<li>Net worth<\/li>\n\n\n\n<li>Market capitalisation<\/li>\n\n\n\n<li>Prudential soundness aligned with RBI norms<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">Ensures that only well-capitalised and systemically robust banks participate.<\/li>\n\n\n\n<li style=\"font-size:17px\">Detailed eligibility criteria will be notified separately.<\/li>\n\n\n\n<li style=\"font-size:17px\">Criteria will apply to both new and existing Pension Funds.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Strengthening NPS Governance<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">PFRDA has appointed <strong>three new Trustees<\/strong> to the <strong>Board of NPS Trust<\/strong>:\n<ul class=\"wp-block-list\">\n<li><strong>Shri Dinesh Kumar Khara<\/strong> \u2013 Former Chairman, State Bank of India<\/li>\n\n\n\n<li><strong>Ms. Swati Anil Kulkarni<\/strong> \u2013 Former EVP, UTI AMC<\/li>\n\n\n\n<li><strong>Dr. Arvind Gupta<\/strong> \u2013 Co-Founder, Digital India Foundation and member of SIDBI\u2019s Fund of Funds VC committee<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">Shri Dinesh Kumar Khara has been designated as the Chairperson of the NPS Trust Board.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Revision of Investment Management Fee (IMF)<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">PFRDA has revised the Investment Management Fee (IMF) structure effective 1 April 2026.<\/li>\n\n\n\n<li style=\"font-size:17px\">Purpose:\n<ul class=\"wp-block-list\">\n<li>Align with evolving public aspirations<\/li>\n\n\n\n<li>Meet international benchmarks<\/li>\n\n\n\n<li>Expand NPS coverage across:\n<ul class=\"wp-block-list\">\n<li>Corporate sector<\/li>\n\n\n\n<li>Retail subscribers<\/li>\n\n\n\n<li>Gig-economy workers<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">The revised IMF structure:\n<ul class=\"wp-block-list\">\n<li>Is slab-based<\/li>\n\n\n\n<li>Introduces differentiated rates for:\n<ul class=\"wp-block-list\">\n<li>Government sector<\/li>\n\n\n\n<li>Non-Government sector<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Applies to schemes under the Multiple Scheme Framework (MSF), with MSF corpus counted separately<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">IMF for Government Sector<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">IMF remains <strong>unchanged<\/strong> for:\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Government employees under the Composite Scheme<\/li>\n\n\n\n<li style=\"font-size:17px\">Subscribers opting for<strong> Auto Choice<\/strong><\/li>\n\n\n\n<li style=\"font-size:17px\">Subscribers opting for Active Choice G 100<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">IMF Structure for Non-Government Sector (NGS)<\/h4>\n\n\n\n<figure class=\"wp-block-table aligncenter\"><table class=\"has-fixed-layout\"><thead><tr><th class=\"has-text-align-center\" data-align=\"center\"><strong>AUM Slab (\u20b9 Crore)<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>IMF Rate<\/strong><\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\">Up to 25,000<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.12%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">25,000 \u2013 50,000<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.08%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">50,000 \u2013 1,50,000<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.06%<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Above 1,50,000<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.04%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p style=\"font-size:17px\">The structure incentivizes <strong>economies of scale<\/strong> and reduces cost burden on subscribers.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Annual Regulatory Fee (ARF)<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\"><strong>ARF remains unchanged at 0.015% of AUM<\/strong>.<\/li>\n\n\n\n<li style=\"font-size:17px\">Of this:\n<ul class=\"wp-block-list\">\n<li><strong>0.0025% of AUM<\/strong> will be passed on to the <strong>Association of NPS Intermediaries (ANI)<\/strong>.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">Purpose:\n<ul class=\"wp-block-list\">\n<li>Support <strong>awareness<\/strong><\/li>\n\n\n\n<li>Outreach programs<\/li>\n\n\n\n<li>Financial literacy initiatives<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">Activities will be conducted under <strong>PFRDA\u2019s guidance<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Expected Impact of Reforms<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Promote a more competitive, well-governed, and resilient NPS ecosystem.<\/li>\n\n\n\n<li style=\"font-size:17px\">Improve long-term retirement outcomes.<\/li>\n\n\n\n<li style=\"font-size:17px\">Enhance old-age income security.<\/li>\n\n\n\n<li style=\"font-size:17px\">Support growing formalisation in India\u2019s financial and pension sectors.<\/li>\n\n\n\n<li style=\"font-size:17px\">Expand NPS access to corporate, retail, and gig-economy segments.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-ast-global-color-6-background-color has-background\">First Vande Bharat Sleeper Train: Guwahati\u2013Howrah Route<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">Key Announcement<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Union Minister Shri Ashwini Vaishnaw announced the launch at Rail Bhawan, New Delhi.<\/li>\n\n\n\n<li style=\"font-size:17px\">The first-ever Vande Bharat Sleeper Train will operate between:\n<ul class=\"wp-block-list\">\n<li><strong>Guwahati (Assam)<\/strong> and <strong>Howrah (West Bengal)<\/strong>.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">Trial, testing, and certification have been successfully completed.<\/li>\n\n\n\n<li style=\"font-size:17px\">The train will be flagged off by Prime Minister Shri Narendra Modi in January.<\/li>\n\n\n\n<li style=\"font-size:17px\">Marks a major milestone for Indian Railways and long-distance overnight travel.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Strategic Significance<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Represents a shift towards modern, passenger-centric overnight rail travel.<\/li>\n\n\n\n<li style=\"font-size:17px\">Aligns with Indian Railways\u2019 vision of major reforms in 2026.<\/li>\n\n\n\n<li style=\"font-size:17px\">Enhances regional connectivity between Northeast India and Eastern India.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Districts Benefited<\/h4>\n\n\n\n<p style=\"font-size:18px\"><strong>Assam<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Kamrup Metropolitan<\/li>\n\n\n\n<li style=\"font-size:17px\">Bongaigaon<\/li>\n<\/ul>\n\n\n\n<p style=\"font-size:18px\"><strong>West Bengal<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Coochbehar<\/li>\n\n\n\n<li style=\"font-size:17px\">Jalpaiguri<\/li>\n\n\n\n<li style=\"font-size:17px\">Maldah<\/li>\n\n\n\n<li style=\"font-size:17px\">Murshidabad<\/li>\n\n\n\n<li style=\"font-size:17px\">Purba Bardhaman<\/li>\n\n\n\n<li style=\"font-size:17px\">Hooghly<\/li>\n\n\n\n<li style=\"font-size:17px\">Howrah<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Train Composition &amp; Capacity<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Total coaches: <strong>16<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>11<\/strong> Three-tier AC<\/li>\n\n\n\n<li><strong>4<\/strong> Two-tier AC<\/li>\n\n\n\n<li><strong>1<\/strong> First Class AC<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">Total passenger capacity: ~823 passengers<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Design &amp; Engineering Advancements<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Completely new bogie design with advanced suspension.<\/li>\n\n\n\n<li style=\"font-size:17px\">Improved ride stability, safety, and comfort.<\/li>\n\n\n\n<li style=\"font-size:17px\">Enhanced ergonomic interiors, including berths and ladders.<\/li>\n\n\n\n<li style=\"font-size:17px\">Special focus on safety and security parameters.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Operational Planning<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Designed specifically for overnight journeys.<\/li>\n\n\n\n<li style=\"font-size:17px\">Timetable planned to:\n<ul class=\"wp-block-list\">\n<li><strong>Depart in the evening<\/strong><\/li>\n\n\n\n<li><strong>Arrive early the next morning<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Passenger Experience<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Comfortable, safe, and high-quality overnight travel.<\/li>\n\n\n\n<li style=\"font-size:17px\"><strong>Region-specific cuisine<\/strong>:\n<ul class=\"wp-block-list\">\n<li>From Guwahati: <strong>Authentic Assamese dishes<\/strong><\/li>\n\n\n\n<li>From Kolkata: <strong>Traditional Bengali cuisine<\/strong><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li style=\"font-size:17px\">Promotes <strong>cultural immersion<\/strong> through onboard services.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Key Features of Vande Bharat Sleeper Train<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Semi-high-speed train with <strong>design speed up to 180 kmph<\/strong><\/li>\n\n\n\n<li style=\"font-size:17px\">Ergonomically designed berths with improved cushioning<\/li>\n\n\n\n<li style=\"font-size:17px\">Automatic doors with vestibules<\/li>\n\n\n\n<li style=\"font-size:17px\">Superior suspension with noise reduction<\/li>\n\n\n\n<li style=\"font-size:17px\"><strong>KAVACH<\/strong> safety system installed<\/li>\n\n\n\n<li style=\"font-size:17px\">Advanced disinfectant technology for sanitation<\/li>\n\n\n\n<li style=\"font-size:17px\">Driver cab with modern control and safety systems<\/li>\n\n\n\n<li style=\"font-size:17px\">Aerodynamic exterior with automatic passenger doors<\/li>\n\n\n\n<li style=\"font-size:17px\">Special facilities for <strong>Divyangjans<\/strong><\/li>\n\n\n\n<li style=\"font-size:17px\">Emergency talk-back communication system<\/li>\n\n\n\n<li style=\"font-size:17px\"><strong>CCTV surveillance in all coaches<\/strong><\/li>\n\n\n\n<li style=\"font-size:17px\">Advanced aerosol-based fire detection and suppression system<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Overall Impact<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li style=\"font-size:17px\">Heralds a new era of sleeper train travel in India.<\/li>\n\n\n\n<li style=\"font-size:17px\">Combines speed, comfort, safety, and modern technology.<\/li>\n\n\n\n<li style=\"font-size:17px\">Reinforces Indian Railways\u2019 commitment to:\n<ul class=\"wp-block-list\">\n<li>Passenger-centric services<\/li>\n\n\n\n<li>Technological innovation<\/li>\n\n\n\n<li>Enhanced regional and cultural connectivity<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>Exercise DESERT CYCLONE\u2013II 1. Overview of the Exercise 2. Strategic Significance 3. Objectives of the Exercise 4. Training Components 5. Key Military Drills and Activities 6. Participating Units 7. Broader Implications Ban on Certain Oral Formulations of Nimesulide 1. Key Decision by the Union Health Ministry 2. Scope and Limits of the Ban 3. Legal [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[592],"tags":[1345,222,1339,21,1341,22,1342,1332,1346,1337,1333,1335,1334,1343,1336,221,1344,20,1340,1338],"class_list":["post-7371","post","type-post","status-publish","format-standard","hentry","category-short-notes","tag-annual-regulatory-fee","tag-bank-exams","tag-bsnl","tag-competitive-exams","tag-credit-guarantee-scheme-for-exporters","tag-current-affairs","tag-department-of-financial-services","tag-exercise-desert-cyclone-ii","tag-first-vande-bharat-sleeper-train","tag-hepatotoxicity","tag-nimesulide","tag-non-steroidal-anti-inflammatory-drug","tag-nsaid","tag-pension-fund-regulatory-and-development-authority","tag-potential-liver-toxicity","tag-rrb-exams","tag-scheduled-commercial-banks","tag-ssc-cgl","tag-voice-over-wifi","tag-vowifi"],"_links":{"self":[{"href":"https:\/\/mehnatt.com\/index.php?rest_route=\/wp\/v2\/posts\/7371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mehnatt.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mehnatt.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mehnatt.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mehnatt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7371"}],"version-history":[{"count":8,"href":"https:\/\/mehnatt.com\/index.php?rest_route=\/wp\/v2\/posts\/7371\/revisions"}],"predecessor-version":[{"id":7397,"href":"https:\/\/mehnatt.com\/index.php?rest_route=\/wp\/v2\/posts\/7371\/revisions\/7397"}],"wp:attachment":[{"href":"https:\/\/mehnatt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mehnatt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mehnatt.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}