Anantam IASCurrent Affairs · 15 November 2025

Prelims Nuggets 

General Studies

Saranda Forest to be declared a Wildlife Sanctuary

Saranda Forest Area and Mines in Jharkhand 

 Wildlife Sanctuary

FeatureDescriptionKey Statutory Provisions (as per WLPA, 1972)
What is a Wildlife Sanctuary?A protected area established for the conservation of wildlife (animals and plants) and their environment/habitats. The main objective is to protect species from hunting, poaching, and habitat destruction. It is an in-situ conservation method.Declared under Section 18(1) of the Wild Life (Protection) Act, 1972 (WLPA). An area must have adequate ecological, faunal, floral, geomorphological, natural, or zoological significance.
Who Notifies It?The State Government is primarily responsible for declaring a Wildlife Sanctuary by official notification. The Central Government can also declare a sanctuary in an area transferred to it by the State Government.State Government: Section 18(1) (Initial Notification of Intent) and Section 26A (Final Notification). Central Government: Section 38.
Restrictions on Human ActivitiesHuman activities are strictly controlled but generally less restrictive than in a National Park. Some activities may be permitted under strict regulation to balance conservation with local livelihoods.Prohibited Activities (Without Permit): * Hunting any wild animal. * Destroying, removing, or exploiting any wildlife or forest produce. * Damaging or altering the natural habitat. * Diverting, stopping, or enhancing the flow of water. * Causing fire or leaving fire burning. Permitted Activities (With Permit from Chief Wildlife Warden): * Scientific research and studies. * Photography and Tourism. * Lawful business with residents. * Grazing by local communities (in some cases, after rights settlement).
Who Manages It?The sanctuary is managed, controlled, and maintained by the respective State Government’s Forest/Wildlife Department. The Chief Wildlife Warden (CWLW) of the State is the primary statutory authority responsible for its day-to-day management.The Chief Wildlife Warden is appointed under the WLPA and is the statutory head of the management.
How is it Denotified?A Wildlife Sanctuary can be denotified (its protected status withdrawn) only if the State Government is satisfied that the area is no longer ecologically significant for wildlife conservation.The proposal for denotification must be recommended by the National Board for Wild Life (NBWL). Furthermore, in practice, a denotification often requires approval from the Supreme Court of India, following various judicial orders that have imposed a ban on dereservation/denotification.

Export Promotion Mission & Credit Guarantee Scheme 

Credit Guarantee Scheme for Exporters (CGSE)

AspectExplanation
Functioning/MechanismThe CGSE aims to provide collateral-free or easier access to additional credit for exporters by protecting lenders from default risk.
Credit GuaranteeThe National Credit Guarantee Trustee Company (NCGTC) provides 100% credit guarantee coverage to Member Lending Institutions (MLIs) on the loans they extend under the scheme.
Loan DetailsMLIs will extend additional credit facilities (working capital or term loans) to eligible exporters. The maximum loan amount is typically capped (e.g., at ₹50 crore per borrower in the compact version).
Duration / LimitThe scheme will remain in force until:March 31, 2026; ORUntil guarantees amounting to ₹20,000 crore (the maximum credit coverage limit) are issued,
AffordabilityLending institutions are required to offer loans at a lower interest rate (e.g., 1% lower than the existing rate applicable to the borrower). No guarantee fee is charged to the exporter, and no additional collateral is required.
Scheme GoalTo strengthen liquidity, ensure smooth business operations, and enhance the global competitiveness of Indian exporters by easing working capital constraints.
Eligible ExportersAll eligible exporters, including both Micro, Small, and Medium Enterprises (MSMEs) and non-MSME exporters.
Scheme Operator/ImplementerNational Credit Guarantee Trustee Company Limited (NCGTC), which is an institution under the Department of Financial Services (DFS).
OversightA Management Committee chaired by the Secretary of the Department of Financial Services (DFS) oversees the progress and implementation of the scheme.
WTO ComplianceLikely to be compliant. While older, direct export subsidy schemes (like MEIS, EOU, EPCG) were ruled non-compliant by the WTO panel because India’s per capita GNI crossed the limit, a credit guarantee scheme that addresses liquidity constraints is a financial mechanism designed to improve the export ecosystem. The new CGSE/EPM are part of a shift towards WTO-compliant support measures. 
Note CGSE is a new scheme. Please do not mistake it for the already existing Credit Guarantee Scheme for MSMEs.

Features and Structure of Export Promotion Mission, 2025

Global Carbon Project : Findings on CO2 Emissions

Belem Action Plan for Health and Climate Adaptation