Comprehensive Summary of YouTube Video: Current Affairs - Harish Academy (Transcription Based)
Channel: Harish Academy
Key Topics:
This video highlights important national and international current affairs, focusing on World Wetlands Day, the Union Budget 2025-26, BRICS meeting in India, disaster mitigation funds, Niger eliminating river blindness, Swarel app for Indian Railways, India's own generative AI model, Telangana's tax revenue, unemployment rates, and sports news including cricketer Wriddhiman Saha's retirement.
Important Days: World Wetlands Day (February 2nd)
World Wetlands Day 2025: Celebrated on February 2nd annually, commemorating the Ramsar Convention of 1971 in Ramsar, Iran, for wetland conservation.
Theme for 2025: "Protecting Wetlands for Our Common Future." It's recommended to remember themes in English to avoid translation errors in exams.
Ramsar Sites Update: India now has 89 Ramsar sites, with four new sites added recently, increasing from 85 in 2024. Tamil Nadu has the highest number of Ramsar sites in India.
Economy: Union Budget 2025-2026 Highlights
Budget Presentation: Presented by Finance Minister Nirmala Sitharaman in Parliament, focusing on transformative reforms in six sectors for the fiscal year 2025-2026.
Six Focus Sectors: Taxation, finance, power sector, urban development, mining, and regulatory reforms.
Budget Size: ₹50,65,345 crore.
Key Sector Allocations (in crores):
- Defense: ₹4,91,732
- Rural Development: ₹2,66,817
- Home Affairs: ₹2,33,215
- Agriculture & Allied Activities: ₹1,71,437
- Education: ₹1,28,650
- Health: ₹98,311
- Urban Development: ₹96,777
- IT & Telecom: ₹95,298
- Energy: ₹81,744
- Commerce & Industry: ₹65,053
- Social Welfare: ₹60,052
- Scientific Departments: ₹55,679
Rupee Flow: Breakdown of how rupee comes in (Income Tax 22%, Corporation Tax 17%, GST & Other Taxes 18%, Borrowings & Liabilities 24% etc.) and goes out (Interest Payments 20%, States' share of taxes & duties 22%, Central Schemes 16%, Defence 8%, etc.).
International Relations: BRICS Youth Summit in India
BRICS Event: India to host the BRICS Youth Council Entrepreneurship Working Group Meeting from March 3rd to 7th, 2025.
Theme: "Youth Entrepreneurship for Sustainable Growth."
Organized By: Department of Youth Affairs, focusing on building a framework for young entrepreneurs across BRICS nations.
Disaster Management: Funds Approved for States
Disaster Mitigation Funds: Central government approves ₹3,027 crore for disaster mitigation projects across states, decided by a high-level committee under Home Minister Amit Shah.
Health: Niger Eliminates River Blindness
Niger's Achievement: Niger becomes the first African country to eliminate river blindness (Onchocerciasis), as declared by the WHO (World Health Organization).
River Blindness Cause: Caused by a parasitic worm (Onchocerca volvulus), transmitted through insects.
Technology: Swarel - Indian Railways Super App
Swarel App Launched: Indian Railways introduces "Swarel," a super app for smarter, simpler, and more efficient access to various Indian Railways services.
Technology: India's Generative AI Model
Indigenous AI Model: India to develop its own generative AI model, as announced by Minister for Electronics and IT, Ashwini Kumar Vaishnav, at the Utkar Odisha conference in Bhubaneswar.
India AI Mission: Part of the India AI Mission with a budget of ₹10,371 crore until 2029, aiming for a cost-effective model considering India's linguistic and cultural diversity.
Economy: Telangana Leads in Own Tax Revenue
Telangana's Revenue Leadership: Economic Survey 2024-2025 reveals Telangana as top state in own tax revenue collection, achieving 88% of total tax revenue from own sources among 15 states.
Comparison with Other States: Karnataka and Haryana follow at 86%. Central government data shows increased gross tax revenue collection between April and November 2024.
Economy: Decline in Unemployment in Telangana
Unemployment Rate Decrease: Economic Survey indicates a decrease in unemployment rate in Telangana. It fell from 8.8% in Jan-Mar 2023-2024 to 6.6% by September 2024.
National Comparison: Jammu & Kashmir and other states have higher unemployment rates than the national average.
Sports: Wriddhiman Saha Retires
Wriddhiman Saha's Retirement: Indian cricketer Wriddhiman Saha announces retirement from all formats of international cricket. Known for his wicket-keeping and batting skills in cricket.
This is a comprehensive, transcription-based summary of the current affairs discussed in the YouTube video by Harish Academy. For detailed information, please refer to the original video.
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