Prelims-Pinpointer-for-16 August-2025

Event: In August 2025, two Indian aquanauts descended to depths of 4,025 m and 5,002 m in the Atlantic Ocean.

Global Standing: India joins <6 nations to explore such extreme depths.

Collaboration: Part of Indo-French mission with IFREMER; dives carried out using French submersible Nautile from ship L’Atalante.

Significance:

  • India’s first dives beyond 4,000 m.
  • Boosts deep-sea research capacity, technology skills, and global scientific standing.
  • Supports India’s Deep Ocean Mission and blue economy goals.

MATSYA-6000 Submersible:

  • India’s indigenous human submersible under Samudrayan Mission.
  • Depth capacity: 6,000 m; endurance 12 hrs.
  • Features: Titanium hull, lithium-polymer batteries, acoustic communication, emergency escape system.
  • Trials: Wet trials (2025) completed; shallow trials (2026) planned; deep-sea missions (2027–28).

Strategic Importance:

  • India’s EEZ rich in marine resources.
  • Contracts with International Seabed Authority for mining polymetallic nodules (4,000–5,500 m depth).
  • Mission also covers ocean climate services & sustainable resource use.

National Vision: Complements space missions; ocean + space seen as twin pillars of India’s future economic growth.

What: Newly identified giant virus PelV-1 infecting plankton Pelagodinium.

Where: Discovered in North Pacific Subtropical Gyre at Station ALOHA (north of Hawaii).

Unique Feature:

  • Capsid size: 200 nanometres.
  • Tail length: 2.3 micrometres → longest viral appendage known (≈19× coronavirus length).
  • Tail aids in host cell attachment; disappears after entry.

Genome:

  • Contains unusual genes for energy production, light-harvesting proteins, rhodopsins → may harness sunlight.

Ecological Role:

  • Infects phytoplankton key to marine food webs.
  • Influences energy flow, nutrient cycling, and algal bloom dynamics.

Other Findings:

  • Discovered alongside co-PelV virus (no tail, but with metabolic genes).

Significance:

  • Expands understanding of giant viruses (much larger, gene-rich than typical viruses).
  • Challenges conventional definitions of viruses in biology.

Theme: Strong push for Atmanirbharta (self-reliance) linked with aatma samman (self-respect).

Defence: Highlighted use of Indian-made arms and weapon systems during Operation Sindoor.

GST Reforms: Announced Task Force for 2nd Generation GST Reforms; promised price relief in essential goods.

Next-Gen Reforms: Creation of a High-Powered Task Force for next-generation economic reforms.

Employment Scheme: Launch of Pradhan Mantri Viksit Bharat Rozgar Yojana – ₹1 lakh crore corpus; ₹15,000 one-time grant for first-time employees; incentives for private sector hiring.

MSMEs: Commitment to reduce compliance burden and protection from arbitrary legal actions.

Semiconductors: India to launch Made-in-India semiconductor chips by end of 2025; six units operational, four more approved.

Innovation Push: Focus on AI, cybersecurity, deep-tech, and OS for global competitiveness.

Internal Security: Claimed terror corridors in Chhattisgarh have become green corridors; mention of anti-Naxal success.

Demographic Mission: Warned of conspiracy to change demographic character, especially in border areas; announced High Powered Demographic Mission.

Farmers: Asserted protection of farmers’ interests; need to reduce fertilizer import dependency.

Global Context: Indirect reference to challenges from U.S. tariff hikes (50%); stressed India’s growth must come from own strength.

Historic Note: Longest Independence Day speech ever – 103 minutes, breaking his previous 98-minute record.

Scheme Type: Central Sector Scheme (launched in 2018 by Ministry of Culture).

Aim: Reimburse CGST & Central share of IGST on purchase of specific raw food items by eligible institutions.

Raw Food Items Covered: Ghee, edible oil, sugar, burra, jaggery, rice, atta, maida, rava, pulses.

Eligibility Criteria:

  • Legally registered under Income Tax Act, 1961 / Companies Act / Societies Registration Act, 1860.
  • Institution must have existed for at least 3 years before applying.
  • Distributing free food/prasad/langar/bhandara without discrimination.
  • Serving at least 5000 people/month free of cost.
  • Should not be receiving any govt. financial aid for free food.
  • Not blacklisted under FCRA.

Beneficiaries: Charitable/religious institutions like Gurudwara, Temple, Dharmik Ashram, Mosque, Dargah, Church, Mutt, Monasteries.

Quantum of Assistance: Reimbursement of GST already paid on specified raw food items.

Key Proposal:

  • 12% & 28% slabs to be scrapped.
  • 5% & 18% slabs retained.
  • New concessional rate (<1%) for precious metals (gold, silver – 3%; semi-precious stones – 0.25%).
  • New “sin rate” of 40% for 5–7 items (e.g., tobacco, gutka).

Shifting of Goods:

  • 99% of items in 12% slab → moved to 5%.
  • 90% of items in 28% slab → moved to 18%.
  • Aspirational/white goods (like ACs, toothpaste, soap, shampoo) → rate cuts proposed.
  • No additional cess beyond GST rates.

Revenue Impact:

  • 28% slab → 11% of GST revenue.
  • 12% slab → 5% revenue.
  • 5% slab → 7% revenue.
  • 18% slab → ~67% revenue (major contributor).

RBI had earlier pegged avg. GST rate at 11.6% – now expected to fall further.

Ease of Living & Other Reforms:

  • Tech-driven reforms: faster GST registration, pre-filled returns, quicker refunds.
  • Correction of inverted duty structure to resolve working capital issues.
  • Similar items to be taxed at the same rate (e.g., all namkeens at one rate).

Implementation:

  • Proposal sent to Group of Ministers (GoM) of GST Council.
  • Deliberations likely in Sept–Oct, aim to implement within FY 2025–26.
  • Centre to engage States for consensus.

Origins:

  • Introduced via 2008 amendment → allowed toll collection even after project costs were recovered.
  • Formalised in 2023.

Current System:

  • Toll rates fixed in 2008 policy, with annual 3% increase.
  • After end of a Build-Operate-Toll (BOT) project concession → toll plazas operated by NHAI.
  • Revenue collected goes into Consolidated Fund of India (CFI).

PAC Concerns:

  • Continuation of tolling beyond cost recovery seen as burden on commuters.
  • Lack of transparency in operation & maintenance (O&M) cost justifications.

Proposed Solutions:

  • Tech-driven system for automatic toll refunds during highway maintenance/poor conditions.
  • Creation of an independent oversight authority to justify tolling beyond cost recovery.
  • Transparent assessment of actual O&M costs to ensure fairness.

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