Daily Current Affairs 12th March 2025

Daily Current Affairs 12th March 2025: Your guide for daily General Knowledge Preparation

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This post contains daily current affairs 12th March 2025. It includes all National, International, Business & Sports related current affairs 12th 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 12th March, 2025 Current affairs test.

National News

e-Shram Portal Expands Social Security Access to Over 30.68 Crore Unorganised Workers

• The e-Shram portal, introduced by the Ministry of Labour and Employment on August 26, 2021, is designed to build a National Database of Unorganised Workers.
• It assigns a Universal Account Number (UAN) to registered unorganised workers and connects them with various welfare and social security schemes.
• The portal has recorded 30.68 crore registrations, with women accounting for 53.68% of the total enrolments.

Maharashtra Budget 2025-26: Financial Challenges and Priorities

• Deputy Chief Minister Ajit Pawar presented the Maharashtra Budget 2025-26, focusing on fiscal sustainability despite economic constraints.
• The state currently faces a record debt of ₹9.3 lakh crore and a revenue deficit of ₹45,891 crore.
• Due to financial limitations, the budget does not introduce any new large-scale schemes and instead focuses on continuing existing initiatives.
• The budget aligns with the Mahayuti government’s strategy following its recent electoral victory, aiming to maintain economic stability.

Immigration and Foreigners Bill, 2025: Major Reforms in India’s Immigration Laws

• The Immigration and Foreigners Bill, 2025, introduced by Minister of State for Home Affairs, Nityanand Rai, seeks to replace outdated colonial-era laws with a modernized and structured framework.
• Key objectives of the bill include:
  • Enhancing national security through stricter immigration regulations.
  • Regulating foreign nationals entering and residing in India.
  • Imposing stricter penalties for immigration violations.
• The bill will repeal four existing laws to eliminate regulatory overlaps:
  1. The Passport (Entry into India) Act, 1920
  2. The Registration of Foreigners Act, 1939
  3. The Foreigners Act, 1946
  4. The Immigration (Carriers’ Liability) Act, 2000

Government Expands Gas-Based Power Generation for Greater Efficiency

• Gas-based power plants in India are currently underperforming due to low Plant Load Factor, leading to reduced efficiency and electricity output.
• To address this, the Government of India has added Liquefied Natural Gas (LNG) to the Open General License category.
  • This enables power plants to import LNG on commercially agreed terms.
• Between April 2024 and January 2025, Indian power plants imported 9.58 MMSCMD of gas to meet rising electricity demands.

Appointments & Resignations News

ICICI Bank Appoints Kamal Wali as Head of Security Operations

• ICICI Bank Limited has appointed Kamal Wali as the Head of Security Operations Center.
• He brings over 18 years of experience in cybersecurity and IT operations.
• Responsibilities include:
  • Managing security operations and risk mitigation.
  • Enhancing digital resilience across the bank’s operations.
• Previously, he held key leadership roles at:
  • Jio Platforms Limited
  • Wipro
  • IBM
  • Intex Technologies
  • Spanco Telesystems

Takashi Nakajima Appointed as Honda Cars India CEO

• Honda Motor Company has appointed Takashi Nakajima as the new President and CEO of Honda Cars India (HCIL), effective April 1, 2025.
• Nakajima succeeds Takuya Tsumura, who will return to Honda’s headquarters in Japan after serving three years in India.
• Nakajima’s credentials:
  • Joined Honda in 1994.
  • Has 30 years of experience in the automotive industry.

Banking News

RBI and NCFE Initiate Nationwide Financial Literacy Campaigns

• The Reserve Bank of India and National Centre for Financial Education have launched nationwide financial literacy campaigns.
• These initiatives are aligned with the National Strategy for Financial Education and aim to:
  • Enhance financial awareness and promote inclusion.
  • Educate youth (below 18 years) and senior citizens (above 60 years) on financial management.
  • Encourage broader economic participation across society.

Defence News

INS Imphal Strengthens India-Mauritius Ties at National Day Celebrations

• The Indian Navy’s INS Imphal has reached Port Louis, Mauritius, as part of its maiden port call.
• The visit coincides with Mauritius’ 57th National Day celebrations on March 12, 2025.
• India’s naval presence in Mauritius reflects strong maritime ties and includes:
  • A marching contingent.
  • A naval band.
  • A helicopter flypast at Champs de Mars.

India-Bangladesh Conduct ‘CORPAT’ and ‘BONGOSAGAR’ Exercises

• The Indian Navy and Bangladesh Navy commenced:
  • The 6th Coordinated Patrol (CORPAT).
  • The 4th BONGOSAGAR exercise on March 10, 2025.
• The drills will continue until March 12, 2025, in the Bay of Bengal.
• Objectives include:
  • Enhancing maritime security.
  • Strengthening bilateral cooperation.
  • Combating illegal activities in India-Bangladesh maritime zones.

Sports News

Harry Brook Withdraws from IPL 2025, Faces Possible Two-Year Ban

• England cricketer Harry Brook has withdrawn from IPL 2025, marking his second consecutive year of absence.
• Brook was purchased by Delhi Capitals for ₹6.25 crores in the 2024 auction but opted out before the season.
• His withdrawal might lead to a two-year ban from the IPL.

Economy News

India Strengthens Drug Quality Regulations Amid Rising Pharma Exports

• India ranked 11th globally in pharmaceutical exports in 2023, accounting for 3% of global exports.
• To improve drug quality, safety, and efficacy, the Central Drugs Standard Control Organisation and the Ministry of Health and Family Welfare have:
  • Introduced risk-based inspections.
  • Implemented regulatory amendments.
  • Enforced stricter penalties for non-compliance.
  • Launched training programs to improve manufacturing standards.

Important Days

National No Smoking Day – March 12, 2025

• Observed on March 12, 2025, to encourage smoking cessation.
• The first National No Smoking Day was held in 1984.
• This awareness day is marked every second Wednesday of March.

Obituaries News

Renowned Classical Singer Garimella Balakrishna Prasad Passes Away at 76

• Garimella Balakrishna Prasad, a legendary classical singer, passed away at 76 due to a heart attack at his residence in Tirupati.
• He was a former Asthana Vidwan of Tirumala Tirupati Devasthanams (TTD).
• He played a pivotal role in popularizing Annamacharya’s compositions and made significant contributions to Indian classical and devotional music.

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