Daily Current Affairs – 07-04-2025
Tamil Nadu
Chennai Becomes
First in Tamil Nadu to Issue Municipal Bonds
® Chennai Corporation has become the first civic body in Tamil Nadu to issue municipal bonds on the National Stock Exchange (NSE). ® The bond issue had a base size of ₹ 100 crore, with a green shoe option of ₹ 100 crore. ® Funds raised will partly finance the Integrated Storm Water Drainage Project (ISWDP) in the Kosasthalaiyar basin. ® Other cities like Coimbatore, Tiruchi, and Tiruppur are also planning similar fund-raising measures. ® Chennai is also exploring municipal bond listing for a multi-modal facility at Broadway bus stand.
Transpersons
Self-Employment & Welfare
® About 800 Transpersons have benefitted from self-employment assistance since 2021. ® It was provided through ₹ 1 crore annual allocation via the Transgender Welfare Board. ® Monthly pension for transpersons increased from ₹ 1,000 to ₹ 1,500 by the State Government.
Sivakasi Fireworks Industry Seeks GI Tag
® Sivakasi’s century-old fireworks industry has applied for a Geographical Indication (GI) tag. ® The region, including Sivakasi, Vembakottai, Virudhunagar, Sattur, Srivilliputhur, and parts of Kovilpatti, produces over 80% of India’s fireworks. ® The fireworks market here is valued at ₹ 6,000 crore with a 10% annual growth rate. ® Sivakasi’s arid climate is ideal for firework manufacturing. ® Known as “Mini Japan” or “Kutty Japan” for its industriousness and thriving industries like printing, fireworks, and matches—a nickname given by Jawaharlal Nehru.
Discovery of Chola-era Tamil work ‘Thiruvadukoorpuranam’ deciphered
from temple inscriptions
® Historians led by Sarasvati Mahal Library Tamil scholar Mani Maran decoded the name of the Chola-period Tamil text ‘Thiruvadukoorpuranam’ from stone inscriptions at Thirukandeeswaramudaiyar temple, Cuddalore. ® The inscriptions revealed that ‘Vanathiban’ authored the ‘Vadukoorpuranam’, the temple’s sthalapuranam referenced in Saivite Thevaram hymns by Thirugnanasambandar. ® No palm manuscripts or copper plates of the ‘Vadukoorpuranam’ have survived till now.