India – Oman Talk on FTA Agreement UPSC

The Commerce and Industry Minister will travel to Oman, to offer “ifurther impetus” to the free trade agreement (FTA) talks between India and Oman. The talks aimed at advancing negotiations at the Comprehensive Economic Partnership Agreement (CEPA), strengthening trade and investment ties, and exploring avenues to similarly deepen bilateral partnership.

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Enhancing India’s Deep-Sea Capabilities UPSC

India’s vast coastline and maritime interests make the development of deep-sea capabilities a strategic necessity. With growing global competition, particularly from China, and the immense potential of ocean resources, India must prioritize advancements in this field to enhance its economic, technological, and security landscape.

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FAO: 60% of Global Crops Depend on 9 Key Crops UPSC

The Food and Agriculture Organization (FAO) released the Third Report on the State of the World’s Plant Genetic Resources for Food and Agriculture (SoW3) on March 24, 2025. The report highlights alarming trends in global crop production and the growing threats to plant genetic diversity. Despite cultivation of over 6,000 plant species globally, 60% of crop production relies on just nine crops, posing significant risks to food security and biodiversity.

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RBI Plan for Stressed Asset Securitization UPSC

The Reserve Bank of India (RBI) has recently proposed a draft framework for the securitization of stressed assets through a market-based mechanism. This initiative aims to provide an alternative route for resolving non-performing assets (NPAs) beyond the existing Asset Reconstruction Company (ARC) route under the SARFAESI Act, 2002. The move is designed to deepen the market for stressed asset resolution by attracting a broader investor base and improving risk distribution among lenders and investors.

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