APSC – Daily Current Affairs 19 March 2025

Proposed US Travel Ban Targets 43 Countries for Security Compliance

The US government, under President Trump, is considering a travel ban affecting citizens from 43 nations, categorized into three compliance groups. The “Red List” of 11 countries, including Afghanistan and Iran, faces a complete visa ban, while the “Orange List” of 10 nations, such as Pakistan and Russia, would see restricted visa access and mandatory interviews. The “Yellow List” of 22 countries must resolve security deficiencies within 60 days to avoid further restrictions. This policy aims to bolster national security but has raised global concerns over its impact on international relations and the affected countries’ citizens.

ADB Unveils Frontier Seed Program to Drive Innovation in the Pacific

The Asian Development Bank (ADB) has launched the Frontier Seed (Pacific) program to bolster private sector growth and sustainability in Pacific nations. The initiative focuses on strengthening local capital markets, encouraging entrepreneurship, and providing risk capital to innovative businesses. Key beneficiaries include SeaPAC Pte Ltd, promoting sustainable aquaculture in Fiji, and Kahuto Pacific, advancing coastal mapping technologies. By reducing investment risks and enhancing business development, the program aims to create economic opportunities while fostering resilience in frontier markets. This aligns with ADB’s broader commitment to inclusive growth and environmental sustainability across the Pacific region.

Dr. Lakshmi Venu Takes the Helm as TAFE’s Vice Chairman

Dr. Lakshmi Venu has been appointed Vice Chairman of Tractors and Farm Equipment Limited (TAFE), highlighting her pivotal role in the company’s growth. A Yale graduate with a doctorate in Engineering Management from the University of Warwick, she has driven TAFE’s success, particularly in the Massey Ferguson and Eicher Tractors segments. Her strategic vision and leadership have solidified TAFE’s global standing. Dr. Venu also serves as Managing Director of Sundaram-Clayton Ltd. Her new role aligns with TAFE’s mission of “Cultivating the World,” ensuring the company’s leadership remains innovative and future-oriented in the global agricultural machinery sector.

Stuart Young Takes Office as Prime Minister of Trinidad and Tobago

Stuart Young has been sworn in as the 8th Prime Minister of Trinidad and Tobago, succeeding Dr. Keith Rowley. The inauguration ceremony was held at the President’s House in St. Ann’s, where President Christine Kangaloo officiated the proceedings. Formerly the Minister of Energy and Energy Industries, Young brings a wealth of experience to his leadership role. He has committed to addressing key national issues, including reducing crime, boosting economic development, and empowering youth. With a focus on unity and accountability, Young aims to lead the country toward stability and prosperity in this pivotal new chapter of governance.

Telangana Unveils ‘Rajiv Yuva Vikasam’ to Drive Self-Employment

The Telangana government has launched the ₹6,000 crore ‘Rajiv Yuva Vikasam’ scheme to empower marginalized communities and encourage self-employment. The initiative targets youth from SC, ST, BC, and Minority groups, providing financial aid of up to ₹3 lakh for entrepreneurial ventures with subsidies ranging from 60% to 80%. The program also incorporates skill development and ensures transparency to benefit deserving applicants. Designed to create opportunities for five lakh youth, the scheme reflects the government’s dedication to reducing unemployment and fostering sustainable economic growth across the state, making it a significant step toward socioeconomic empowerment.

Finance Minister Launches App for PM Internship Scheme to Empower Youth

Union Finance Minister Nirmala Sitharaman has launched a mobile app dedicated to the Prime Minister’s Internship Scheme, enhancing youth employability and skilling. The scheme offers 12-month paid internships for individuals aged 21–24 in top 500 Indian companies, with financial support of ₹5,000 per month and a one-time grant of ₹6,000. The app simplifies registration, ensures real-time updates, and includes a referral feature to encourage participation. With a vision to create one crore internships over five years, the initiative bridges the gap between education and industry needs, fostering professional growth and economic opportunities for India’s youth.

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