TNPSC CURRENT AFFAIRS (ENGLISH) – 10.06.2025

Subject: Defence (International/National)

India and the US agreed to bolster defence cooperation during Prime Minister Narendra Modi’s recent visit, focusing on technology transfers and joint exercises.
The agreement includes co-production of advanced weaponry, enhancing India’s defence capabilities.
This move comes amid rising tensions with Pakistan following the Pahalgam terror attack, prompting India to acquire additional Igla-S air defence missiles from Russia.
The Igla-S, a Man Portable Air Defence System (MANPADS), strengthens India’s response to aerial threats.
India’s defence strategy emphasizes self-reliance through initiatives like the Performance Linked Incentive (PLI) schemes for defence manufacturing.
The collaboration aims to counter regional security challenges, including those posed by neighboring countries.

2. India’s Economic Growth Bolstered by PLI Schemes

Subject: Economy (National)

The Government of India is actively implementing Performance Linked Incentive (PLI) schemes across 14 sectors, including electronics, automobiles, and speciality steel.
Tamil Nadu is emerging as a hub for semiconductor manufacturing, with discussions energized by global experts like Chris Miller at the Global Investors Meet.
These schemes aim to boost exports and reduce import dependency, aligning with India’s self-reliance goals.
The new base year for GDP, CPI, and IIP calculations, set for early 2026, will enhance economic data accuracy.
Tamil Nadu’s focus on industrial growth is expected to attract significant foreign investment.
The initiatives are projected to create jobs and strengthen India’s position in global markets.

3. India Chairs BOB Inter-Governmental Organisation

Subject: International

India has assumed the chairmanship of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), renamed BOB.
The focus is on enhancing regional cooperation in trade, connectivity, and environmental sustainability.
India aims to leverage this platform to address shared economic and security challenges in the Bay of Bengal region.
Tamil Nadu’s coastal economy stands to benefit from improved maritime trade and infrastructure projects.
The chairmanship underscores India’s leadership in fostering regional integration and countering geopolitical tensions.
Discussions include initiatives to combat climate change and promote sustainable development.

4. Tamil Nadu’s Fiscal Health Ranks High in NITI Aayog Report

Subject: Economy (Tamil Nadu)

Tamil Nadu secured a top position in the NITI Aayog’s Fiscal Health Index Report 2025, reflecting robust financial management.
The state’s economic policies prioritize infrastructure development and industrial growth, boosting revenue generation.
Investments in schemes like Namakku Naame Thittam, exemplified by the ₹18.63 crore Birds Park in Tiruchirappalli, drive local economies.
Tamil Nadu’s focus on education and skill development aligns with national goals under the National Education Policy (NEP) 2020.
The state’s fiscal discipline supports sustainable development and attracts global investors.
Challenges remain in balancing welfare schemes with fiscal prudence to maintain growth.

5. India-Pakistan Tensions Highlight Need for Regional Peace

Subject: International/National (Polity)

Rising cross-border terrorist attacks, including the Pahalgam incident, have strained India-Pakistan relations, impacting South Asian stability.
India advocates for regional peace through multilateral forums like SAARC and BIMSTEC to counter terror financing networks.
Political solutions are emphasized as the sustainable path to resolve conflicts, rather than military escalation.
Tamil Nadu’s coastal security measures have been strengthened to prevent cross-border threats.
India’s diplomatic efforts focus on building domestic consensus on national security to avoid politicization.
The South Asia Press Freedom Report 2024–25 highlights challenges to media in addressing such tensions.