All 3 Govt Initiatives updates published in December 2025, grouped into 2 subtopics. Each one carries the exam-relevant facts and its GK Bytes; open an update for the complete note with static GK.
The Ministry of Ports, Shipping and Waterways notified guidelines for the Shipbuilding Financial Assistance Scheme and Shipbuilding Development Scheme, targeting a top-five global shipbuilding position by 2047.
The Next-Gen GST 2.0 two-slab structure (5% and 18%) was credited with expanding the taxpayer base to over 1.5 crore and simplifying compliance for businesses.
The government spotlighted the Export Promotion Mission (FY26-FY31) with an outlay of Rs 25,060 crore, aimed at boosting exports amid global trade disruptions.