Daily Current Affairs 2nd March 2025: Your guide for daily General Knowledge Preparation
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This post contains daily current affairs 2nd March 2025. It includes all National, International, Business & Sports related current affairs 2nd March 2025. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 2nd March, 2025 Current affairs test.
National News
Sarbananda Sonowal Introduces ‘One Nation-One Port’ Initiative to Boost Maritime Efficiency
- Sarbananda Sonowal, the Union Minister for Ports, Shipping, and Waterways, has unveiled key reforms aimed at modernizing India’s port infrastructure.
- The reforms align with the government’s commitment to strengthening India’s role in global trade and improving the ease of doing business.
- These initiatives were introduced in Mumbai and are in line with the Union Budget’s emphasis on enhancing the maritime sector.
- The primary goals of these reforms include increasing port efficiency, promoting trade facilitation, and expanding India’s shipbuilding capabilities.
Government Achieves Target of 10,000 Farmer Producer Organizations Under Flagship Scheme
- The Central Sector Scheme for the Formation and Promotion of 10,000 Farmer Producer Organizations was launched by Prime Minister Narendra Modi on February 29, 2020.
- This initiative is backed by a total budget allocation of ₹6,865 crore and will run until the financial year 2027-28.
- The scheme aims to strengthen small and marginal farmers by improving market access, providing financial support, and enhancing their collective bargaining power.
- The milestone of establishing the 10,000th FPO was recently achieved in Khagaria, Bihar, with a focus on agricultural products such as maize, banana, and paddy.
- So far, approximately 30 lakh farmers have been integrated into FPOs, with nearly 40% of them being women, significantly contributing to agricultural growth.
International News
India Extends $1 Million Grant to Lao PDR for Rice Fortification Project
- The Indian government has provided a grant of USD 1 million to the Lao People’s Democratic Republic (Lao PDR) as part of the India-UN Development Partnership Fund.
- This financial aid is dedicated to supporting the project titled ‘Strengthening Large-scale Food Fortification: The Case of Investing in Rice Fortification’.
- The project aims to enhance rice fortification processes to combat micronutrient deficiencies and improve the long-term nutritional status of the population.
India and Japan Renew $75 Billion Bilateral Currency Swap Agreement
- The Bank of Japan, acting on behalf of the Japanese Minister of Finance, along with the Reserve Bank of India, signed an amendment and restatement agreement for their Bilateral Swap Arrangement (BSA).
- The agreement allows both nations to exchange their local currencies for US Dollars when needed, promoting financial stability and strengthening economic cooperation.
- The agreement remains unchanged in terms of its size, maintaining a swap facility of up to $75 billion.
Business News
Paytm Collaborates with Perplexity AI to Enhance AI-Based Search and Assistance
- Paytm has partnered with Perplexity, an AI-powered answer engine, to improve search functionalities within the Paytm app.
- This collaboration will enable users to ask AI-driven queries, explore various topics in local languages, and make well-informed financial decisions.
- The initiative aligns with Paytm’s vision of enhancing digital accessibility and providing AI-enabled financial guidance.
Books & Authors News
Kailash Satyarthi’s Autobiography ‘Diyaslai’ Discussed at IGNCA Literary Event
- The Indira Gandhi National Centre for the Arts (IGNCA), under the Ministry of Culture, hosted a literary discussion on the autobiography ‘Diyaslai’, written by Nobel Peace Prize laureate Kailash Satyarthi.
- This event was organized in collaboration with the Satyarthi Movement for Global Compassion.
- ‘Diyaslai’ sheds light on Satyarthi’s lifelong commitment to child rights, social justice, and humanitarian efforts.
- The book offers deep insights into his personal journey and advocacy for global compassion and justice for children.
Obituary News
Ron Draper, Oldest Living Test Cricketer, Passes Away at 98
- Former South African cricketer Ron Draper, who was the oldest living Test cricketer, has passed away at the age of 98.
- Draper was a skilled top-order batsman and occasionally took on the role of a wicketkeeper.
- He represented South Africa in two Test matches against Australia in 1950.
- Born on December 24, 1926, Draper made a remarkable first-class debut, scoring a century for Eastern Province against Orange Free State on his 19th birthday.
