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DAILY DOSE 8^thMAY – 2025 CURRENT AFFAIRS

1) India is hosting the 12th Global Space Exploration Conference (GLEX 2025) in New Delhi from May 7 to 9, 2025.

The event is themed “Reaching New Worlds: A Space Exploration Renaissance.”
Jitendra Singh inaugurated the conference.
The event is being jointly organized by the International Astronautical Federation, ISRO, and the Astronautical Society of India.
GLEX 2025 represents a major milestone in India’s role in global space exploration.

2) Tripura’s Rangacherra became the first green village with solar energy and safe water access.

Rangacherra village under Mohanpur subdivision has been declared Tripura’s first green village, an achievement made possible through the initiative of the state government.
A solar plant and solar-based water purification systems were successfully installed in the village, setting an example of improving rural living standards.
The Tripura Renewable Energy Development Agency (TREDA) was entrusted with implementing the green village concept as a pilot project under Rangacherra gram panchayat.

3) Praveen Sood’s tenure as CBI Director extended by one year.

The tenure of Central Bureau of Investigation (CBI) Director Praveen Sood has been extended by one year beyond April 24, 2025, as per an order issued by the Appointments Committee of the Cabinet (ACC).
The extension was approved after a high-level committee — comprising Prime Minister Narendra Modi, Chief Justice of India Sanjiv Khanna, and Leader of Opposition Rahul Gandhi — could not arrive at a consensus.
The move marks a deviation from the standard two-year fixed tenure for CBI and ED directors as mandated under the Central Vigilance Commission (CVC) Act.

4) Cabinet approved a ₹60,000-crore scheme for ITI Upgradation and National Skilling Centres.

A new National Scheme for Industrial Training Institute (ITI) Upgradation and Setting up of Five National Centres of Excellence for Skilling has been approved by the Union Cabinet as a Centrally Sponsored Scheme.
The scheme, announced under the Budget 2024–25 and 2025–26, will be implemented with an outlay of ₹60,000 crore (Central Share: ₹30,000 crore; State Share: ₹20,000 crore; Industry Share: ₹10,000 crore).
It will also be co-financed by the Asian Development Bank and the World Bank, sharing 50% of the central contribution.
Under the scheme, 1,000 government ITIs will be upgraded in a hub-and-spoke arrangement with industry-aligned revamped trades (courses) and capacity augmentation of five (5) National Skill Training Institutes (NSTIs).

An MoU has been signed between the Centre for Development of Telematics (C-DOT) and the CSIR–National Physical Laboratory (CSIR-NPL) to promote collaborative research in classical and quantum communication technologies.
The agreement is aimed at establishing a long-term research framework, focusing on the development, standardization, and deployment of next-generation secure communication systems.
Joint work will be undertaken in areas such as Quantum Key Distribution (QKD), single-photon sources and detectors, EIT-based systems, FPGA-based control electronics, and standardization of quantum systems.

International Maritime Defence Exhibition (IMDEX) Asia 2025 was held from 6 to 8 May at Changi Exhibition Centre.
The deployment was part of the Indian Navy’s ongoing operational mission aimed at reinforcing India’s strong maritime cooperation with Singapore and regional partners.
A wide range of bilateral and multilateral events were held during the port visit, including professional interactions with the Republic of Singapore Navy and other navies participating in IMDEX Asia.

7) The Enforcement Directorate has launched raids at nine locations.

8) Iran’s Foreign Minister, Dr. Abbas Araghchi, has arrived in New Delhi.

He is on a two-day official visit to India.
Araghchi will co-lead the 20th India-Iran Joint Commission Meeting.
This is his first visit to India since becoming Foreign Minister in August last year.
The visit marks the 75th anniversary of the India-Iran Friendship Treaty.

9) The Reserve Bank of India has introduced a new framework to streamline the process of making regulations.

This framework applies to all regulatory documents issued by the Reserve Bank of India, including guidelines, orders, and policies.
Under the new process, the Reserve Bank of India must publish draft regulations on its official website.
The publication must include a detailed explanation of the regulation.
This explanation should outline the regulation’s objectives and, when possible, an impact assessment.

10) The Cabinet Committee on Economic Affairs has approved an updated version of the SHAKTI Policy for coal distribution to the power sector.

The new policy introduces two coal linkage options: Window-I for coal at the official price and Window-II for coal at a premium above the official price.
Window-I will continue the current system for providing coal linkages to Central Sector Thermal Power Plants and States.
States can use their allocated coal linkages for their own generating companies or Independent Power Producers (IPPs).