Daily Current Affairs — 14 May 2025
5 articles • UPSC Prelims & Mains
How is the Shipping Industry Tackling Emissions?
Context At the 83rd session of the Marine Environment Protection Committee (MEPC-83) of the International Maritime Organization (IMO), a landmark vote was held to adopt a Market-Based Measure (MBM) for decarbonising international shipping. MEPC-83 Proposals for emissions levy mechanisms The International Chamber of Shipping advocated for a fixed levy per every tonne of CO₂ emitted. China proposed a market-driven approach where ships could trade compliance units and invest in alternative fuels.
World's First Commercial-scale e-methanol Plant Opens in Denmark
In News Denmark has launched the world’s first commercial-scale e-methanol plant in Kasso. What is Methanol? About: Methanol (CH₃OH) is a light, volatile, and flammable liquid alcohol.
Natural Farming Certification System
Context In a bid to boost consumer trust and farmer incomes, the central government is likely to introduce a nationwide Natural Farming Certification System (NFCS). Benefits of Natural Farming Lower Input Costs: Natural farming requires fewer external inputs like chemical fertilizers and pesticides, which can reduce overall production costs for farmers. Ensures Better Health: As Natural Farming does not use any synthetic chemicals, health risks and hazards are eliminated.
Strengthening Inland Water Transport in India
Context The Inland Waterways Authority of India (IWAI) has established a new regional office in Srinagar, committed ₹100 crore to improve three National Waterways in the region — River Chenab (NW-26), River Jhelum (NW-49), and River Ravi (NW-84). Inland Water Transport in India National Waterways Act, 2016 has declared 111 inland waterways as ‘National Waterways’ (NWs) in the country to promote shipping and navigation on them. The total length of NWs is 20,275 km spread across 24 States in the c
India rolls over $50 million worth Treasury Bill to help Maldives
Context India has rolled over a $50 million-treasury bill to support Maldives. About The rollover of the $50 million treasury bill helps provide temporary relief to the Maldives, which is grappling with significant debt and economic strain. Despite the economic challenges and tensions in bilateral relations, this extension of financial assistance underscores Indias strategic interest in maintaining stable ties with the Maldives, a key partner in the Indian Ocean region.