Sahitya Akademi Award 2025
Why in News:
The Sahitya Akademi Awards 2025 were officially announced on 16 March 2026, recognising outstanding literary works across 24 Indian languages.
Key Highlights
• The Sahitya Akademi Award is presented annually by the Sahitya Akademi, India’s National Academy of Letters.
• The awards celebrate excellence in literature across multiple Indian languages.
Categories in Sahitya Akademi Award 2025
The selected works include:
Award Ceremony
Award Components
Each recipient will receive:
LANGUAGE - TITTLE AND GENRE- NAME OF THE AUTHOR
Background
Sahitya Akademi
Sahitya Akademi Award
UPSC/BPSC
India Submits First National Report on Nagoya Protocol
NATIONAL
Why in News:
India has submitted its first National Report on the Nagoya Protocol on Access and Benefit Sharing (ABS) to the Convention on Biological Diversity (CBD). The report was submitted on 27 February 2026 by the Ministry of Environment, Forest and Climate Change (MoEFCC) in collaboration with the National Biodiversity Authority (NBA).
Key Highlights
• The report highlights India’s progress in implementing global biodiversity agreements.
• It covers the implementation period from 1 November 2017 to 31 December 2025.
• The report reflects India’s efforts to regulate access to biological resources and ensure fair sharing of benefits.
Background
Nagoya Protocol
UPSC/BPSC
Kusunpur to Become Odisha’s First Smart Village
NATIONAL
Why in News:
Kusunpur village in Kendrapada district of Odisha is set to become the first smart village in the state under an initiative launched by the Council of Scientific and Industrial Research (CSIR) under the Ministry of Science and Technology.
Key Highlights
• The project aims to transform Kusunpur into a model smart village using scientific and technological solutions.
• The village has around 130 families with a population of nearly 700 people.
• The initiative will focus on improving infrastructure, technology access, and sustainable development at the rural level.
UPSC/BPSC
Washington Consensus (WC)
Why in News:
The Washington Consensus is often discussed in debates on economic reforms and development strategies for developing countries.
Key Highlights
• The Washington Consensus (WC) refers to a set of economic policy prescriptions designed to promote macroeconomic stability and market-oriented reforms in developing countries.
• The term was coined by economist John Williamson in 1989.
• It describes the policy framework promoted by Washington-based institutions, including:
• International Monetary Fund (IMF)
• World Bank
• US Treasury Department
Core Principles of Washington Consensus
The framework promotes neoliberal economic reforms focused on:
Objectives
Mains News
Defence Forces Vision 2047
NATIONAL
Why in News:
The Defence Minister of India unveiled “Defence Forces Vision 2047: A Roadmap for a Future-Ready Indian Military.” The document was prepared by the Headquarters Integrated Defence Staff (HQ IDS) to guide the transformation of India’s armed forces for future challenges.
Key Highlights
• The document acts as a meta-strategy for India’s long-term military transformation.
• It recognizes that modern national security depends not only on military strength but also on industrial capacity and technological ecosystems.
• The roadmap aims to build a future-ready, technologically advanced and integrated military by 2047.
Core Pillars of Defence Forces Vision 2047
Technological Advancement
Jointness and Synergy
Multi-Domain Capability
Key Proposals and Structural Reforms
Creation of Specialized Forces
The roadmap proposes the establishment of several next-generation defence structures, including:
Doctrinal Shift
Mission Sudarshan Chakra
Phased Implementation Strategy
Era of Transition (Till 2030)
Era of Consolidation (2030–2040)
Era of Excellence (2040–2047)
UPSC/BPSC
Manuscript Mapping Survey
NATIONAL
Why in News:
The Ministry of Culture has launched a three-month nationwide survey to map India’s manuscript heritage.
Key Highlights
• It is the first nationwide initiative to systematically identify manuscripts across the country.
• The survey will be conducted from the district level upward to locate manuscripts in libraries, institutions and private collections.
• The collected information will be compiled into a consolidated national database.
Background
Manuscript Mapping Survey
UPSC/BPSC
Economic Stabilisation Fund (ESF)
NATIONAL
Why in News:
The Lok Sabha approved the second batch of Supplementary Demands for Grants (2025–26) and the Finance Minister introduced the Economic Stabilisation Fund (ESF) with an allocation of ₹1 lakh crore to strengthen macroeconomic stability.
Key Highlights
• The Economic Stabilisation Fund (ESF) is designed as a financial buffer to protect the Indian economy from global shocks.
• It aims to address risks arising from West Asia conflicts, rising oil prices, and global supply chain disruptions such as a possible Strait of Hormuz blockade.
• The fund will act as a financial shock absorber without breaching India’s fiscal deficit targets.
Funding Source
Fiscal Discipline
Supplementary Demands for Grants
Article 115 of the Constitution
UPSC/BPSC
One Liner
FACTUAL
UPSC/BPSC
Sea Dragon Exercise 2026
NATIONAL
Why in News:
India has joined the U.S.-led multinational naval exercise Sea Dragon 2026, which is being held near Guam.
Key Highlights
• The exercise is being conducted near Guam, a strategic location in the Indo-Pacific region.
• The Indian Navy is participating in the exercise.
• Other participating countries include:
Australia
Japan
New Zealand
Guam
• Location: Western Pacific Ocean
• Status: Unincorporated territory of the United States
• Capital: Hagåtña
• Largest City: Dededo
UPSC/BPSC
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