Facts and Data for Mains - 6th June, 2025.

Mohammed Yunus
Jun 6
2 min read

GS I: Economy

Success of IBC Code, 2016

IBC has been able to reduce gross NPAs from 11.2% (2018) to 2.8% (2024).
It has been able to successfully recover ₹3.89 lakh crore from debtors.
As per the Reserve Bank of India report on Trend and Progress of Banking in India released in December 2024, the IBC emerged as the dominant recovery route, accounting for 48% of all recoveries made by banks in the Financial Year 2023-24.
Due to IBC, Realisation has increased - The realisation under IBC is more than liquidation 170.1% as against the liquidation value. It means companies are being saved rather than closed.
The SC observed - “the defaulter’s paradise is lost” and the Code has created a credible threat that ensures timely repayment.
As the National Company Law Appellate Tribunal has rightly remarked in one of its rulings, “IBC is not a recovery mechanism; it is a resolution framework.” Compared to legacy systems, where recovery rates were often below 20% with timelines extending into decades, a 32.8% realisation is a leap forward.
The provisions of the IBC have prompted debtors to take early action in distress situations, marking a shift in their behaviour.

Quote for GS II, GS IV, and Essay

“Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties,” - John Milton

GS II: International Relations

In FY2024, India’s exports to the EU stood at $86 billion, while exports to the U.K. totalled $12 billion, highlighting their strategic role in India’s external trade.
India supplies 25% pharmaceuticals needs of the UK.
India-France bilateral trade reached $15.1 billion in 2024-25.
India has the world’s largest diaspora.

GS III: Energy

India plans to increase its nuclear power generation capacity from current 8 GW to 100 GW by 2047.

GS III: Science & Technology

Dassault Aviation and Tata Advanced Systems Limited have signed four Production Transfer Agreements to manufacture the Rafale fighter aircraft fuselage in India. This will be set up in Hyderabad. For the first time, Rafale fuselages will be produced outside France.

GS III: Climate Change

Rising temperatures are increasing the atmosphere’s ‘thirst’, making droughts around the world 40% more severe over the past 40 years, according to a new study. It explained that the atmosphere is becoming warmer, increasing its capacity to hold moisture.

Miscellaneous

The Chenab rail bridge, which stands 359 metres above the riverbed — 35 metres higher than the Eiffel Tower — is being hailed as the world’s highest railway arch bridge. The bridge is 1,315-metre-long.