Current Affairs 15 February 2025

We are here for you to provide the important Recent and Latest Current Affairs 15 February 2025, which have unique updates of Latest Current Affairs 2025 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

Our Current Affairs February 2025 events will help you to get more marks in Banking, Insurance, SSC, Railways, UPSC, CLAT and all State Government Exams. Also, try our Latest Current Affairs Quiz and Monthly Current Affairs 2025 PDF which will be a pedestrian to crack your exams.

Read Current Affairs in CareersCloud APP, Course Name – Learn Current Affairs – Free Course – Click Here to Download the APP

We are Hiring – Subject Matter Expert – English | CA Video Creator | Content Developers(Pondicherry)

Click here for Current Affairs 14 February 2025

Click here for Affairscloud Hindu Free Vocabs telegram channel

NATIONAL AFFAIRS

Union Minister Rajnath Singh Inaugurates 15th Edition of Aero India  in BengaluruIn February 2025, Union Minister Rajnath Singh, the Ministry of Defence (MoD), inaugurated the 15th edition of Aero India, Asia’s largest aerospace and defence exhibition, at Yelahanka Air Force Station in Bengaluru, Karnataka.

• The five-day event took place from February 10 to 14, 2025, with the theme “The Runway to a Billion Opportunities.”

Key Highlights:
i.The first three days, from February 10 to 12, are designated as business days, while February 13 and 14 are reserved as public days for visitors.
ii.Union Minister Rajnath Singh inaugurated the India Pavilion, Innovations for Defence Excellence (iDEX Pavilion), and Karnataka Pavilion at Aero India 2025.
iii.Department of Defence Production,MoD, Secretary Sanjeev Kumar unveiled the new name of Hindustan Jet Trainer HJT-36, now called ‘Yashas’.
iv.Ahmedabad (Gujarat) – based Adani Defence & Aerospace, in partnership with the New Delhi (Delhi)- based Defence Research and Development Organisation (DRDO) operating under MoD,introduced a Vehicle-Mounted Counter-Drone System at Aero India 2025.
v.General Electric (GE) Aerospace, headquartered in Ohio, United States of America (USA), has signed a five-year Performance-Based Logistics (PBL) contract with the Indian Air Force (IAF) to support the sustainment of T700-GE-701D engines powering its AH-64E-I Apache helicopters.
v.Mumbai (Maharashtra)-based ideaForge Technology Limited introduced its latest Unmanned Aerial Vehicle (UAV), NETRA 5, along with the SWITCH V2 Tactical UAV and a logistics UAV concept.
vi.Bharat Electronics Limited (BEL), a Public Sector Undertaking (PSU) headquartered in Bengaluru, Karnataka, has partnered with Safran Electronics & Defense, a aerospace company, based in France to establish a joint venture (JV) for manufacturing and maintaining Highly Agile Modular Munition Extended Range (HAMMER) weapons in India.
About Ministry of Defence (MoD):
Union Minister– Rajnath Singh ( Constituency-Lucknow, Uttar Pradesh, UP)
Minister of State (MoS)– Sanjay Seth (Constituency- Ranchi, Jharkhand)
>> Read Full News

INTERNATIONAL AFFAIRS

12th World Government Summit Held in Dubai from 11-13 February 2025The 12th edition of the World Governments Summit (WGS) was held from 11-13 February 2025 in Dubai, the United Arab Emirates (UAE) under the theme ‘Shaping Future Governments‘, The 2025 Summit aims to inspire and empower the next generation of governments.
i.Union Minister Bhupender Yadav, Ministry of Environment, Forest and Climate Change (MoEFCC), represented India at the WGS 2025 and participated in 2 major sessions:

• High-Level Roundtable (HLR) on the Future of Mobility
• XDGs 2045 (the next global development agenda) Ministerial Roundtable

ii.3 Indian computer science students Sagar Teotia (Team Lead), Abhinav Mishra, and Anushka Singh from the Maharaja Agrasen Institute of Technology (MAIT), New Delhi (Delhi) secured the Bronze Award at the Global Best M-Gov Award 2025 during the WGS 2025 in Dubai.
>> Read Full News

India & Indonesia Sign Pact to Strengthen Traditional Medicine Quality AssuranceIn February 2025, India and Indonesia inked a Memorandum of Understanding (MoU) to enhance the quality assurance, standardization, and global promotion of traditional medicine systems.

• This strategic partnership focuses on fostering collaboration in traditional medicine quality assurance, with both parties committing to various forms of cooperati

Background:
The MoU is a recent development of an earlier exchange in January 2025, between India’s Pharmacopoeia Commission for Indian Medicine & Homeopathy (PCIM&H), under the Ministry of Ayush and Indonesia’s Food and Drug Authority.

• PCIM&H, certified under International Organisation for Standardisation IS/ISO 9001:2015, ensures robust quality management systems.

Key People:
The MoU was signed by India’s Union Minister of State(MoS) (Independent Charge,IC), Prataprao Jadhav, Ministry of AYUSH(Ayurveda, Yoga, and Naturopathy, Unani, Siddha, Sowa Rigpa, and Homoeopathy) and Budi Gunadi Sadikin, Health Minister of Indonesia in the presence of Prime Minister(PM) Modi and Indonesian President Prabowo Subianto and Union Minister Dr S Jaishankar, Minister of External Affairs(MEA).
Key Significance: 
i.Focus on Quality Assurance and Standardization: Establishes standardized protocols for production, testing, and certification of traditional medicines.

• Ensures safety, efficacy, and quality to meet global standards and combat counterfeit products.
• Develops regulatory frameworks to facilitate trade in traditional medicines.

ii.Promoting Research and Innovation: Encourages joint research to scientifically validate traditional medicine practices.

• Facilitates knowledge exchange through collaboration between academic institutions, researchers, and industry stakeholders.

iii.Economic and Trade Benefits: Boosts bilateral trade in traditional medicinal products, creating opportunities for manufacturers and exporters.

• Enhances market access for Ayurvedic and Jamu products, supporting industry growth. Aligns with India’s goal to make Ayush products a global healthcare choice

Global Leadership in Traditional Medicine: Supports the World Health Organization (WHO) Traditional Medicine Strategy promoting integration into global healthcare systems.

• Positions India and Indonesia as global leaders in traditional medicine, setting a precedent for other nations.

About Indonesia:
President – Prabowo Subianto
Capital – Jakarta
Currency – Indonesian Rupiah (IDR)

BANKING & FINANCE

RBI approves Easebuzz to Operate as Online PA
In February 2025, the Reserve Bank of India (RBI) approved Pune (Maharashtra) based Easebuzz Private Limited, a digital payment solution provider to operate as an Online Payment Aggregator (PA) for secure digital payment solutions.

• It enables Easebuzz to remain an authorized payments platform, enabling it to process online payments for Indian businesses across various sectors, including e-commerce, travel, tourism, education, and real estate.
• With this, Easebuzz joins companies like Razorpay, MSwipe, Google Pay (GPay), Cashfree, Zomato, CC Avenue, and Innoviti Payments, all of which have secured PA licenses from RBI.

i.Earlier Easebuzz entered into B2B (business-to-business) payments and launched an invoice management and payments platform in collaboration with National Payments Corporation of India (NPCI) Bharat BillPay (NBBL)
ii.It has also been certified as a Biller Operating Unit (BOU) under the Bharat Connect(formerly named Bharat Bill Payment System, BBPS).
Note: PA license permits companies to handle e-commerce transactions, offer early settlements to select merchants and provide credit in the form of term loans in partnership with Non-Banking Financial Companies (NBFCs) and banks.

REC & CVPPL Ink Rs 2,147.51 crore Term Loan Agreement for Pakal Dul HEP
On February 11, 2025, New Delhi (Delhi) based REC Limited (formerly Rural Electrification Corporation Limited), a Maharatna Central Public Sector Enterprise (CPSE) and a leading Non-Banking Financial Company (NBFC) under the Ministry of Power (MoP) signed an agreement with Chenab Valley Power Project Limited (CVPPL) to provide a term loan of Rs 2,147.51 crore for the development and construction of the Pakal Dul Hydro Electric Project (HEP) in Jammu & Kashmir (J&K).

• The agreement was signed by Ramesh Mukhiya, Managing Director (MD) of CVPPL, and Bhupesh Chandolia, Chief Project Manager (CPM) of REC Limited at the Regional Office of J&K in the presence of other officials.

i.The Pakal Dul HEP is to utilise renewable energy resources, enhancing J&K’s energy security, and supporting India’s transition to clean energy.
ii.The project is developed on the Marusudar River, situated in the Kishtwar District of J&K.
iii.The project has a capacity of 1,000 megawatts (MW) and a total estimated cost of Rs 12,669.67 crore.
Note: CVPPL is a joint venture formed in 2011 between National Hydroelectric Power Corporation (NHPC) Limited (51%) and J&K State Power Development Corporation (JKSPDC) (49%).

ECONOMY & BUSINESS

IEA Report: India’s Natural Gas Consumption to Increase 60%, Imports double by 2030According to Paris (France)-based International Energy Agency (IEA)’s report titled “India Gas Market Report: Outlook to 2030”, India’s natural gas consumption is expected to increase by nearly 60% to 103 billion cubic meters (bcm) annually by 2030. This growth will be mainly driven by robust growth in city gas distribution, industrial demand and power generation.

• While, Liquefied Natural Gas (LNG) imports are projected to more than double between 2023 and 2030, to 65 bcm annually, driven by steady demand growth and a much slower increase in domestic production.
• The key findings of the report were released during the India Energy Week (IEW) celebration held in New Delhi, Delhi.

i.As per the report, targeted strategies and policy interventions could push  India’s total gas consumption beyond the projected trajectory to around 120 bcm annually by 2030.
ii.The report revealed that India’s natural gas demand increased by more than 10% in both 2023 and 2024, which indicates an inflection point. While, total consumption in 2023 was marginally higher than 2011 levels.
About International Energy Agency (IEA):
Executive Director (ED)– Dr. Fatih Birol
Headquarter- Paris, France
Member nations- 32 (India joined IEA as association member nation in 2017)
Established- 1974
>> Read Full News

India’s Retail Inflation Drops to 4.31% in January 2025
According to the data released by the National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), India’s Retail Inflation, based on the Consumer Price Index (CPI), dropped to 4.31% in January 2025, marking a 5-month low. This decline marks a significant reduction from 5.22% in December 2024 and 5.1% in January 2024.

• The decrease in food prices played a major role in lowering inflation. Food inflation stood at 6.02% in January 2025, down from 8.39% in December 2024.
• The rural inflation in January 2025 was slightly higher at 4.64% while it was 3.87% in urban areas.
• Food inflation with urban areas experienced a 5.5% increase in prices, while rural regions faced a higher inflation rate of 6.3%.
• Prices of items like vegetables, eggs, pulses, cereals, education, health, and clothing saw a reduction.

Note: The NSO has collected the price data from 1114 urban markets and 1181 villages across all States and Union Territories (UTs) on a weekly basis.
Retail Inflation:
i.Retail inflation refers to the rate at which the prices of goods and services purchased by consumers increase over time.
ii.It is a key indicator of the cost of living and is typically measured by the CPI, which tracks the average change in prices paid by urban consumers for a fixed basket of goods and services.
Key Points:
i.Vegetable Prices: The inflation rate for vegetables dropped to 11.3% in January 2025 from 26.6% in December 2024, contributing significantly to the overall decrease in food inflation.
ii.Items such as coconut oil (54.20%), potato (49.61%), and coconut (38.71%) recorded the highest year-on-year (YOY) inflation.
iii.Items like jeera (-32.25%), ginger (-30.92%), dry chilies (-11.27%), brinjal (-9.94%), and Liquefied Petroleum gas (LPG) (-9.29%) observed the lowest YOY inflation.
iv.States:Kerala (6.76%), Odisha (6.05%), and Chhattisgarh (5.85%) reported the highest inflation, while Delhi (2.02%) and Telangana (2.22%) recorded the lowest.
v.The weakening of the Indian rupee (INR) has led to rising costs for imported goods, especially edible oils, which recorded a 33-month high in inflation at 15.6%.
About National Statistics Office (NSO):
NSO of India is a subordinate office of the MoSPI and was formed by merging the Central Statistics Office (CSO) and the National Sample Survey Office (NSSO).
Director General,DG (Central Statistics) – Narender Kumar Santoshi
Headquarters– New Delhi, Delhi
Established– 2019

KSSL and L3Harris Sign MoU to Strengthen Tactical Communication Networks for Indian Armed Forces
On February 11, 2025, Pune (Maharashtra) based Kalyani Strategic Systems Limited (KSSL), a subsidiary of Bharat Forge Limited(BFL), signed a 2-year Memorandum of Understanding (MoU) with New Delhi (Delhi) based L3Harris India to advance defence and security solutions for India.

• The partnership focuses on Command, Control, Communications, Intelligence, Surveillance, and Reconnaissance (C4ISR) technologies.
• The MoU enables L3Harris to leverage KSSL’s local expertise to develop customized tactical communication networks for the Indian Armed Forces.

i.The collaboration aims to enhance national security and deliver advanced tactical radios and equipment to the Indian forces.
ii.With over 1 million fielded radios used globally, L3Harris brings extensive experience in military communications.
iii.The agreement aligns with the United States (US)-India Defence Industrial Cooperation framework, promoting the development of next-generation defense technologies.

Maaza Joins the Billion-Dollar club,Becomes Third Indian Brand to Achieve this Milestone
In February 2025, Maaza, Coca-Cola’s mango-based beverage, achieved a historic milestone in 2024 by surpassing USD1 billion in annual sales.This marks Maaza as Coca-Cola’s third billion-dollar brand in India, following Thums Up(2021) and Sprite(2022).This positions Maaza as the 30th billion-dollar brand for the beverage globally.

• Maaza is one of India’s most popular mango-flavored drinks, originally launched by Parle Bisleri in 1976.
• In 1993, Coca-Cola acquired Maaza along with other leading Indian beverage brands, including Thums Up, Limca, and Gold Spot.
• In 2024, The Coca-Cola Company reported net gains of USD13 million in the December quarter and USD303 million for the entire year through the refranchising of its bottling operations in India.

AWARDS & RECOGNITIONS

Forbes India ‘30 Under 30’ Class of 2025 Lists: Featured 42 Individuals, including Actress Aparna Balamurali In February, 2025, Forbes India unveiled its 12th Edition ,Forbes India 30 Under 30 Class of 2025, honoring 30 young professionals and entrepreneurs who have made significant contributions across 19 categories including the newly added Artificial Intelligence.

•   The 2025 list features 42 individuals including Actress Aparna Balamurali; Actor Rohit Saraf, Founder of Swiss, Aniket Shah were recognized across 19 categories.
• The 2025 Lists features includes 12 number of Professionals and a 11 Number of Women.
• World Chess Champion of 2024, D Gukesh was the youngest award winner in the list 2025
• The 2025 list spans various sectors such as technology, healthcare, finance, and entertainment, reflecting the multifaceted talents of India’s youth.

About Forbes India ‘30 Under 30’:
i.The Forbes India 30 Under 30 list, launched in 2014, has become a platform recognizing young professionals and entrepreneurs across a wide range of sectors.
ii.The list has continuously evolved to reflect market changes, with updates like the separation of Music and Entertainment, the addition of Education during the edtech boom, and the inclusion of Cryptocurrency (Web3) in 2023. 
About Forbes India:
Editor- Suveen Sinha
Headquarters– Mumbai, Maharashtra
Established– 2009
>> Read Full News

Sportico’s 100 Top Highest-Paid Athletes 2024: Ronaldo Leads the List with USD 260 Million; No Female in the Top 100In February 2025, Sports industry news site Sportico’s released 4th Annual list of 100 Top Highest-Paid Athletes, Cristiano Ronaldo, a Portuguese professional footballer is the world’s highest-paid athlete in 2024 for the 2nd consecutive year, earning USD 260 million, including USD 215 million from Salary/Winnings (from Saudi Pro League club Al Nassr) and USD 45 million from endorsements.

• Stephen Curry (USD 153.8 million), an American professional basketball player secured 2nd place, and Tyson Fury (USD 147 million), a British former professional boxer secured 3rd place on the list.

Female athletes were absent from the top 100 for the 2nd straight year; The top 100 also doesn’t include a single sportsperson from India.
Coco Gauff, an American professional Tennis player was the highest-paid female athlete in 2024 for the 2nd consecutive year with USD 30.4 million.
>> Read Full News

APPOINTMENTS & RESIGNATIONS

Konstantinos Tasoulas Elected as Greece’s New PresidentOn February 12, 2025, former House speaker of Greece Konstantinos Tasoulas, the candidate from the ruling conservative New Democracy (ND) party, was elected as the President of Greece (Officially Hellenic Republic) for a five-year term, effective from March 13, 2025, by the Greek Parliament.

• He won the presidency by securing 160 votes in the fourth round of voting in Greece’s 300-member parliament.
• He will succeed Katerina Sakellaropoulou, Greece’s first female president, as her five-year term comes to an end on March 13, 2025.

About Konstantinos Tasoulas:
i.Konstantinos Tasoulas is a lawyer and a former speaker of the Hellenic Parliament.
ii.In 2000, he was elected Member of Parliament (MP) for Ioannina, Greece.
iii.In 2006, he was appointed as the parliamentary representative of the ND party, and in 2010, he became its General Secretary.
iv.In 2007, he served as the Defense Deputy Minister of Greece
v.From 2014 to 2015, he served as the Minister of Culture and Sports in Greece.
vi.From 2019 to 2025, he served as the President of the Hellenic Parliament.
About Greece:
President – Katerina Sakellaropoulou
Prime Minister (PM) – Kyriakos Mitsotakis
Capital – Athens
Currency – Euro (EUR)

Charanjot Singh Nanda Elected as 73rd President of ICAI for term 2025-26Chartered Accountant (C.A.) Charanjot Singh Nanda has been elected as 73rd President of Institute of Chartered Accountants of India (ICAI), world’s largest accountancy body for the term 2025-26 during the 26th ICAI Council meeting held in New Delhi, Delhi. He has succeeded CA Ranjeet Kumar Agarwal.

• The council has also elected Prasanna Kumar D, a C.A. from Andhra Pradesh (AP), Southern India Regional Council, as Vice-President of ICAI for the term 2025-26.
• The oath of office was administered by Union Minister of State (MoS) (Independent Charge, I/C) Arujan Meghwal, Ministry of Law and Justice (MoL&J), Ministry of Parliamentary Affairs (MoPA).

About C.A. Charanjot Singh Nanda:
i.Charanjot Singh Nanda is a Fellow Member who has been practicing CA since 1991.
ii.He was elected chairman of the Northern India Regional Council (NIRC) of ICAI during 2002-03.
iii.He was elected to the Central Council of ICAI in 2004 and since then, he has served 6 terms at the council.

• He is already serving 7th term as member of the council for 2025-26.

iv.Previously, he was elected as Vice President of ICAI during the year 2024-25
v.During his extensive career, Nanda chaired various committees of ICAI, including the Internal Audit Standards Boards (IASB), the Committee for members in Industry and Business, and the Women Members Empowerment Committee.
vi.He has represented ICAI as member of various committees formed by the central government and regulatory bodies: Quality Review Board, Security and Exchange Board of India (SEBI) Advisory Committee on Primary Market (2007-10) and Committee on Mutual Funds (MFs) (2007-10); among others.
vii.He also represented the institute at various international platforms like: at South Asian Federation of Accountants (SAFA), Association of Certified Fraud Examiners (ACFE).
About CA Prasanna Kumar D:
i.He was elected to the Central Council of ICAI for 3 consecutive terms i.e. for 24th Council, 25th Council and 26th Council.
ii.He has served as chairman of the Visakhapatnam  Branch of ICAI during 2001-02.
iii.He worked as the Southern India Regional Council from 2007 to 2016. He also served as the Chairman of the region in 2013-14.

SCIENCE & TECHNOLOGY

Indo-Russia JV IRRPL Delivers 40,000 AK-203 Assault Rifles to IAIn February 2025, Indo-Russian Rifles Private Limited (IRRPL), a Joint Venture (JV) between India and Russia, delivered 40,000 Avtomat Kalashnikova (AK)-203 assault rifles to the Indian Army (IA).

• These rifles were produced at the Korwa Ordnance Factory in Amethi, Uttar Pradesh (UP).
• The rifles are being produced with complete technology transfer from Russia, with the goal of achieving 100% localization in India.
• It aligns with India’s “Make in India” and “Atmanirbhar Bharat” initiatives, focusing on achieving self-reliance in defense manufacturing.

About Indian Army (IA):
Chief of Army Staff (COAS) – General Upendra Dwivedi
Headquarters – New Delhi (Delhi)
Established – 1895
>> Read Full News

SPORTS

Chennai Open 2025: Kyrian Jacquet Crowned Singles Champion; Mochizuki-Uesugi Clinch Doubles TitleThe 2025 Chennai Open Association of Tennis Professionals (ATP) Challenger concluded with France’s Kyrian Jacquet clinching the men’s singles title and the Japanese duo of Shintaro Mochizuki and Kaito Uesugi securing the doubles crown.

• 2025 was the 5th edition of Chennai Open, part of the 2025 ATP Challenger Tour, held from February 3 -9, 2025 at the SDAT Tennis Stadium in Chennai, Tamil Nadu(TN).
• The Chennai Open offering 100 ranking points and a prize money of USD 22,730 to the singles champion while runner up will receive USD 3350 and will get 50 points

Singles Final: Jacquet Outlasts Ymer in Straight Sets

• Winner: Kyrian Jacquet (France)
• Runner-up: Elias Ymer (Sweden)
• Score: 7–6⁠(⁠7–1⁠), 6–4
• World No. 273 Kyrian Jacquet claimed his maiden ATP Challenger title by defeating Sweden’s Elias Ymer (ranked 332).

Doubles Final: Japanese Duo Stuns Defending Champions

• Winners: Shintaro Mochizuki / Kaito Uesugi (Japan)
• Runners-up: Saketh Myneni / Ramkumar Ramanathan (India)
• Score: 6–4, 6–4
• The all-Indian pair of Myneni and Ramanathan, defending champions from 2024, faced fierce resistance from Japan’s Mochizuki and Uesugi. The Japanese duo capitalized on aggressive net play and consistent serves to secure straight-set victory

About the ATP Challenger Tour:
ATP organizes the ATP Challenger Tour, which serves as a developmental circuit for professional male tennis players aiming to improve their rankings and qualify for higher-tier ATP Tour events.

• The Chennai, Bengaluru, and Pune events are ATP Challenger 100 tournaments, while the Delhi Open is an ATP Challenger 75 event.
• These tournaments provide valuable opportunities for players to gain experience, earn ranking points, and compete at higher levels within the professional tennis circuit.

India is set to host four ATP Challenger tournaments in 2025:

1. Chennai Open: February 3–9, 2025
2. Bengaluru Open: February 10–16, 2025
3. Pune Open: February 17–23, 2025
4. Delhi Open: February 24 – March 2, 2025

OBITUARY

Folk artist and Padma Shri Awardee Sukri Bommagowda Passed away On February 13 2025, renowned folk singer Sukri Bommagowda also known as ‘Sukrajji’ passed away at the age of 88 in Bengaluru, Karnataka. She was born in 1937 in Badigeri, Karnataka, into the Halakki Vokkaliga tribe.

• In 2017, she was honored with Padma Shri award, India’s fourth highest civilian award, for her contribution to the field of Arts (in folk music).

About Sukri Bommagowda:
i.Sukri Bommagowda, known as the “walking encyclopedia” of the Halakki community, played a key role in preserving and sharing the community’s folk traditions.

• She composed over 4,000 Halakki tribal folk songs, earning the title “Nightingale of the Halakki Vokkaliga community”.

ii.One of her key efforts was combating alcohol addiction in Ankola and nearby areas. She used her speeches, stories, and folk songs to educate people about the negative impact of alcohol on individuals and families.
iii.She was known for her involvement in music and the anti-alcohol movement and led a life full of remarkable achievements.
Awards:
Sukri Bommagowda was recognised for her significant contributions to the field of arts, especially in cultural preservation and promotion of folk music.
i.She received the Rajyotsava Award in 1988 and Janapada Shri Award in 1999 from the Government of Karnataka.
ii.In 2006, she received Nadoja Award from Kannada University, Hampi, Karnataka.
iii.In 2009, she was conferred the Sandesha Arts Award by the Sandesha Foundation for Culture and Education and Alva’s Nudisiri Award by the Alva’s Education Foundation.
Note: The Halakki Vokkaliga tribe is an indigenous community primarily located in the Uttara Kannada district of Karnataka, India. They are known for their distinct cultural heritage, which includes a rich tradition of folk music, dance, and rituals.

STATE NEWS

Karnataka Launches Revamped Single Window System to Accelerate Investments and Ease of Doing Business
In February 2025, the Karnataka Chief Minister(CM) Siddaramaiah, unveiled a revamped Single Window System (SWS) at the Global Investors Meet, Invest Karnataka 2025.

• The digital-first Platform(https://investkarnataka.co.in/), aims to eliminate bureaucratic hurdles, streamline approvals, and fast-track industrial projects across the state.

Key Points:
i.Udyog Mitra Assistant (UMA) AI: A generative Artificial intelligence (AI) chatbot providing real-time, multilingual assistance on policies, incentives, and compliance.
ii.GIS-Based Land Management:  Investors can use the Geographic Information System(GIS) Industrial Information System to verify zoning compliance and explore land parcels via Karnataka Industrial Areas Development Board (KIADB). This reduces risks in land acquisition.
iii.End-to-End Digital Integration: The SWS integrates over 150 business services from 30+ state departments, including land allotment, environmental clearances, and building plan approvals. Investors can now apply, amend, and track approvals through a unified portal, replacing the need to navigate multiple offices.
iv.A Common Application Form (CAF) simplifies district- or state-level in-principle approvals, while APIs ensure seamless data sharing across departments
Economic Impact and Investor Response:
i.The SWS aligns with Karnataka’s Industrial Policy 2024–29, which targets Rs.7.5 lakh crore in investments, a 12% manufacturing growth rate, and 20 lakh jobs by 2029.
ii.The system also integrates with the National SWS, enabling access to central approvals and reinforcing Karnataka’s role in sectors like semiconductors (60% of India’s electronics exports) and aerospace (65% of national output)
iii.At Invest Karnataka 2025, the state secured USD 115 billion in commitments, including:

• Mahindra Group: Rs.40,000 crore for renewable energy(RE) and electric vehicles.
• JSW Group: Rs.1.2 lakh crore for steel, green hydrogen, and hospitality.
• Lam Research Corporation: Rs.10,000 crore for semiconductor manufacturing.

*******

Current Affairs Today (AffairsCloud Today)

Aspirant: Does Affairscloud covers all the Current affairs topics related to examinations?
Affairscloud: We Guaranteed All the Important topics related to examination are covered in Our Daily CA content and Daily CA Quizzes.
Aspirant: Why is there a delayal in news?
Affairscloud: As some of the major news sites doesn’t provide the required data on the exact day, we take extra time for important data to be presented to the aspirants on the examination basis to ensure nothing is missed.
Example:  In ‘Important Days’ topics the International Organisations publish their reports and Rankings in the evenings, to make sure every data is covered, we delay the topics to the next day.