Daily Current Affairs — 2 June 2025
6 articles • UPSC Prelims & Mains
Regulating India’s Virtual Digital Assets Revolution
In News India leads in grassroots crypto adoption, with $6.6 billion invested by retail investors and 800,000 jobs expected by 2030, but faces unclear and challenging Virtual Digital Assets regulations. Challenges India’s strict capital controls and regulated payment systems clash with the decentralized nature of Virtual Digital Assets (VDAs). The Reserve Bank of India (RBI) raised concerns early on, banning financial institutions from crypto dealings in 2018—a ban overturned by courts in 2020.
Pharma Freebies Under Scrutiny
Context The Centre has asked pharma companies for details of expenditure on marketing in the last one year. About The Union government is keeping a close watch on the marketing practice of pharmaceutical companies amid reports of these companies continuing to offer a range of freebies to doctors. The Uniform Code for Pharmaceutical Marketing Practices (UCPMP) is being implemented to check unethical marketing practices.
Drone Warfare: Ukraine Drone Attack on Russia
Context Under its ‘Operation Spider’s Web’, Ukraine launched first-person view (FPV) drone attacks on five airbases across Russia. First-person View Drones FPV or first-person view drones are smaller in size and have cameras built in on the front, which sends live video to the operator. This enables precise flying and manoeuvrability by the operator from a remote location, almost like an aircraft.
NAKSHA Initiative
Context The Ministry of Rural Development launched the second phase of the NAKSHA (NAtional geospatial Knowledge-based land Survey of urban HAbitations) programme. Why India Needs a NAKSHA-like Programme for Land Management? Fragmented Land Records System: India has a state-specific, inconsistent system of land record-keeping, often using outdated manual records causing ownership disputes, legal uncertainty for buyers, investors, and institutions.
Safeguarding Personality and Publicity Rights
Context Recently, the Delhi High Court has issued a ruling safeguarding the personality and publicity rights of the founder of Isha Foundation. Judicial Precedents Jackie Shroff Case (2024): Delhi HC restrained unauthorised use of his persona by AI chatbots and e-commerce platforms. Krishna Kishore Singh v.
Pandit Deendayal Upadhyaya’s Philosophy of ‘Integral Humanism’
In Context 2025 marks the 60th anniversary of Pandit Deendayal Upadhyaya’s philosophy of ‘Integral Humanism’. About In the post-colonial search for an indigenous philosophy of governance, Pandit Deendayal Upadhyaya (1916–1968) introduced the doctrine of Integral Humanism (Ekatma Manav Darshan) in 1965. This ideology aimed to balance material progress with spiritual upliftment and redefine development from an Indian civilisational perspective.