The SHANTI Bill, passed by both Houses of Parliament in the Winter Session, has received Presidential assent under Article 111 of the Constitution, thereby becoming an Act of Parliament. The blurb does not specify the Bill's substantive provisions.
Presidential assent is the final constitutional step in the law-making process, after which a Bill is notified and enters into force. This underscores the President's formal role in the legislative process, distinct from the substantive policy-making done by the legislature and executive.
For exams, this is a useful trigger to revise Article 111 (assent to Bills), the President's options of assent, withholding assent, or returning a Bill (except Money Bills), and the broader law-making procedure in Parliament.