SNIPPETS 12 JANUARY 2026
SNIPPETS 12 JANUARY 2026
Financial Stability Report (FSR): Biannual publication by RBI+ Incorporates inputs from Financial Stability and Development Council (FSDC) subcommittee+ Highlights: Lending in the fintech sector grew by 36.1%, the GNPA ratio declined to a multi-decadal low of 2.2% as of September 2025.
E-Bill System for fertiliser subsidies: End-to-end digital platform for submission, processing, tracking, and payment of fertiliser subsidy bills, replacing the earlier manual, paper-based workflow+ Ministry involved: Ministry of Chemicals and Fertilizers+ Ensure timely, transparent, and accountable disbursal of fertiliser subsidies+ Key features: End-to-end digital workflow, Online claim submission, Built-in financial controls etc
Amazonian Stingless Bees: The Satipo Municipality (Peru) —adopted the Declaration of Rights for Native Stingless Bees through a municipal ordinance, granting legal rights to Amazonian stingless bees+ first legal recognition of insect rights globally +They are native stingless pollinators of the Amazon rainforest+ They are among the oldest bee species on Earth, responsible for pollinating over 80% of Amazonian flora +Threats from deforestation, illegal logging, agriculture expansion, cattle grazing, wildfires and rising temperatures
Suryastra: Suryastra is India’s first Made-in-India, multi-calibre, long-range rocket launcher system+ Developed by Pune-based NIBE Limited in collaboration with Israel’s Elbit System+ leverages Elbit’s PULS (Precise & Universal Launching System) architecture to deliver precision surface-to-surface strikes at ranges of up to 150 km and 300 km+ High accuracy of less than five metres circular error probable (CEP) in trials+ It combines Israeli rocket technology with Indian manufacturing, aligning with the Aatmanirbhar Bharat initiative.
