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NATIONAL AFFAIRS
NITI Aayog launches ‘Chemical Industry: Powering India’s Participation in Global Value Chains’On July 3, 2025, the National Institution for Transforming India (NITI) Aayog released the report titled “Chemical Industry: Powering India’s Participation in Global Value Chains”. This report offers an extensive analysis of India’s chemical sector, highlighting both opportunities and challenges, and outlining a pathway for positioning India as a key player in global chemical markets.
- The report was launched by BVR Subrahmanyam, Chief Executive Officer(CEO) of NITI Aayog and Suman Bery, vice chairman of NITI Aayog.
- According to the report, India is currently the world’s sixth-largest and Asia’s third largest producer of chemicals, supplying essential raw materials to industries such as pharmaceuticals, textiles, automotive, and agriculture.
Key Highlights:
i.The share of India in global chemical value chains stood at 3.5%, with a chemical trade deficit of USD 31 billion (bn) in 2023, reflecting the country’s heavy dependence on imported feedstock and specialty chemicals.
ii.The domestic chemicals market was valued at USD 220 bn in 2023 and is expected to grow to around USD 400 to 450 bn by 2030, and to reach about USD 1 trillion (tn) by 2040 with the Government support.
- India’s chemical industry currently contributes approximately 7% to the national gross domestic product (GDP).
iii.Challenges: India’s low investment of just 0.7% in Research and Development (R&D) against the global average of 2.3%, limits indigenous innovation in high-value chemicals.
>>Read Full News
DAC Approved Rs 1.05 Lakh Crore Indigenous Defence Procurement In July 2025, the Defence Acquisition Council (DAC), chaired by Union Minister Rajnath Singh, Ministry of Defence (MoD) approved 10 capital acquisition proposals worth approximately Rs 1.05 lakh crore under the Buy (Indian–Indigenously Designed, Developed and Manufactured, IDDM) category.
- These procurements, to be entirely sourced from Indian vendors, require at least 50% indigenous content and full domestic design and development, supporting the Aatmanirbhar Bharat initiative in the defence sector.
- The clearances span the Indian Army(IA), Indian Navy(IN), and the Indian Air Force(IAF), with a key focus on boosting mobility, firepower, logistics efficiency, and maritime security.
Key Approvals:
The DAC accorded Acceptance of Necessity (AoN) for the following major procurements:
i.For the Indian Army (IA), approvals include Quick Reaction Surface-to-Air Missile (QRSAM) systems and Armoured Recovery Vehicles (ARVs).
ii.For the Indian Navy (IN), the DAC cleared proposals for 12 Mine Counter Measure Vessels (MCMVs), Super Rapid Gun Mounts, Submersible Autonomous Vessels, and Processor-Based Moored Mines (PBMM).
iii.For the Indian Armed Forces (tri-services), the approvals include Electronic Warfare (EW) Systems, Surface-to-Air Missiles and an Integrated Common Inventory Management System (ICIMS).
>>Read Full News
India, Australia Sign Pact for Joint Undersea Surveillance ResearchOn July 3, 2025, India and Australia signed an undersea surveillance pact, marking the beginning of a three-year joint research project between Canberra (Australia) based Defence Science and Technology Group’s (DSTG) Information Sciences Division and Defence Research and Development Organisation’s (DRDO) Naval Physical and Oceanographic Laboratory (NPOL) in Kochi, Kerala.
- The project aims to enhance undersea surveillance capabilities, focusing on early detection and tracking of submarines and Autonomous Underwater Vehicles (AUVs).
- It will include sharing ideas, algorithms, and technical data, testing at sea in Indian and Australian waters, and checking the algorithms for use in real situations.
Key Focus Areas of the Project:
i.Towed Array Target Motion Analysis (TMA):
- Towed Arrays: Long cables fitted with hydrophones, deployed behind submarines or ships to capture underwater sounds from multiple directions.
- Signal Processing: The hydrophones transmit data to processors that analyze, filter, and detect acoustic signals emitted by underwater targets.
ii.TMA Algorithms:
- Passive tracking technology that estimates a target’s location, speed, and trajectory without using active sonar emissions.
- Supports enhanced situational awareness during stealth operations.
iii.Noise Management:
- The combination of TMA with towed array system is intended to manage noise corruption and address signal distortion caused by marine environments to improve tracking accuracy.
About Naval Physical and Oceanographic Laboratory (NPOL):
Director – Dr. Duvvuri Seshagiri
Headquarters – Kochi, Kerala
Established – 1958
About Australia:
Prime Minister (PM) – Anthony Albanese
Capital – Canberra
Currency – Australian Dollar (AUD)
India Establishes 1st WOAH-Recognised EDFC in Meerut, UPOn 3rd July 2025, the Paris (France) based World Organisation for Animal Health (WOAH) officially recognised India’s first Equine Disease-Free Compartment (EDFC), located at the Remount Veterinary Corps (RVC) Centre & College in Meerut Cantonment, Uttar Pradesh (UP).
- This facility enables the international movement of Indian sport horses for competitions and trade, complying with global biosecurity standards.
Note: Equines are mammals belonging to the family Equidae, which includes modern horses, zebras, and asses, along with over 60 extinct species known from fossils.
Highlights of the Recognition:
i.The facility has been certified free from major equine diseases, including:
- Equine Infectious Anemia
- Equine Influenza
- Equine Piroplasmosis
- Glanders
- Surra
ii.This achievement was made possible through collaboration among:
- Department of Animal Husbandry and Dairying (DAHD), Ministry of Fisheries, Animal Husbandry and Dairying (MoFAHD).
- Directorate of Remount Veterinary Services (RVS), Ministry of Defence (MoD)
- Equestrian Federation of India (EFI)
- Animal Husbandry Department, Government of UP
Note: India has also remained historically free from African Horse Sickness since 2014.
About Equine Disease‑Free Compartment (EDFC):
i.The EDFC is a science‑based compartmentalized unit managed under the WOAH Terrestrial Animal Health Code, ensuring a defined equine population remains disease-free via strict biosecurity, hygiene, surveillance, and veterinary oversight.
ii.The facility operates under comprehensive Standard Operating Procedures (SOPs) covering:
- Disease exclusion and early detection
- Physical security and pest control
- Sanitation, hygiene, and waste management
- Continuous animal health surveillance
Note: India is also extending the compartmentalisation approach to poultry by establishing Highly Pathogenic Avian Influenza (HPAI) Free Compartments for safe export of poultry products.
About World Organisation for Animal Health (WOAH):
Director General (DG) – Dr. Emmanuelle Soubeyran
Headquarters – Paris, France
Established – 1924
India Rejoined Unicode Consortium as Supporting Member with Voting Rights
In July 2025, the Ministry of Electronics and Information Technology (MeitY), rejoined Unicode Consortium as a Supporting Membership, making India one of only two governments globally with the United States of America (USA), to hold voting rights in the international body responsible for standardising text and emoji encoding across digital platforms.
- The membership is part of the Technology Development for Indian Languages (TDIL) initiative, aimed at promoting Indian scripts and enabling their digital use globally.
Membership Details:
i.The Supporting Membership requires an annual fee of USD 20,000, approximately Rs 17 lakh.
ii.It grants India a half vote in the Unicode Technical Committee (UTC), which meets both in the USA and online.
iii.India, through MeitY, was previously a member of the Unicode Consortium from 2000 to 2019, and later in 2021.
iv.The Chennai (Tamil Nadu (TN) based Tamil Virtual Academy, operating under the Information Technology and Digital Services Department of TN, remains the only other Supporting Member from India.
Note: The Unicode Consortium is a Non-Profit Organisation(NPO) dedicated to creating, maintaining, and promoting internationalization standards and data, primarily the Unicode Standard, which defines how text is represented across all modern software and digital platforms.
Union MoS Dr.Pemmasani Chandra Sekhar Launches High-Speed Router ‘SAKSHAM-3000’
On July 3, 2025, Union Minister of State (MoS) Dr. Pemmasani Chandra Sekhar, Ministry of Communications (MoC), Ministry of Rural Development (MoRD), launched high capacity ‘SAKSHAM-3000’ switch cum router with 25.6 Tera bit per second (Tbps) throughput at Centre for Development of Telematics (C-DOT) campus in New Delhi, Delhi.
- SAKSHAM-3000 was developed by C-DOT under the Department of Telecommunications (DoT), Ministry of Communication(MoC). It is a state-of-the-art data centre switch cum router designed for next-generation digital infrastructure.
i.SAKSHAM-3000 is tailored for modern data centres. It is built to power large-scale computing clusters, cloud infrastructure, 5th Generation (5G)/6th Generation (6G) networks and Artificial Intelligence (AI) workloads.
ii.The device supports 32 ports of 400 Gigabit (G) and a flexible range of Ethernet speeds ranging from 1G to 400G.
iii.It is a future-ready platform for both legacy and cloud-native networks, supporting Layer-2, Internet Protocol (IP) address, Multiprotocol Label Switching (MPLS) protocols, while being energy-efficient and equipped for time-sensitive applications via Point-To Point (PTP) Protocol and Synchronous Ethernet (Sync-E).
iv.With ultra-low latency, wire-speed processing, and a modular C-DOT Router Operating System (CROS), it serves as a highly adaptable solution, capable of functioning across various layers of a CLOS network, from leaf nodes to super-spine configurations.
SMPP Secures Rs. 300 Crore Indian Army Order for Bulletproof Jackets, Helmets
In July 2025, New Delhi(Delhi) based indigenous defence manufacturer SMPP Limited secured two emergency procurement contracts worth Rs.300 crore from the Indian Army (IA) for the supply of bulletproof jackets and advanced ballistic helmets.
- The contract includes 27,700 bulletproof jackets and 11,700 advanced ballistic helmets, equipped with features designed for stringent combat conditions
i.The bulletproof jackets feature dynamic load distribution and quick-release systems that improve soldier comfort and provide protection against high-velocity armor-piercing rounds.
ii.The advanced ballistic helmets are claimed to be the world’s first to offer protection against hard steel-core bullets fired from the Avtomat Kalashnikova model 1947 (AK-47) rifle.
iii.SMPP holds over 90% market share in India’s personal protection equipment sector and has more than 17 patents filed and 10 patents granted, highlighting its strong focus on research and development in defence technology.
INTERNATIONAL AFFAIRS
4th International Conference on Financing for Development Held from June 30 to July 03, 2025 in Seville, SpainThe 4th International Conference on Financing for Development (FfD4) was held from June 30 to July 03, 2025 in Sevilla, Spain. The 4-day long conference brought together more than 15,000 participants, including 50 Heads of State and Government.
- The conference is organised once every 10 years by New York City(the United States of America, USA) based United Nations Department of Economic and Social Affairs (UN-DESA).
- Union Minister Nirmala Sitharaman, Ministry of Finance (MoF) and Ministry of Corporate Affairs (MoCA), Government of India(GoI), led the Indian delegation from the Department of Economic Affairs (DEA), MoF, at FfD4.
Key Highlights of FfD4:
i.The conference addressed new and emerging issues, and the urgent need to fully implement the SDGs, and supported reform of the global financial architecture.
ii.A new transformative EUR 4.26 Million ‘Resilient Remit’ initiative was officially launched at FfD4. This new initiative aims to reduce remittance transfer cost.
iii.At the FfD4 conference, eight countries, France, Kenya, Barbados, Spain, Somalia, Benin, Sierra Leone, and Antigua & Barbuda, launched the ‘Aviation Solidarity Coalition,’ aimed at imposing taxes on premium air travel, covering first-class and business-class tickets as well as private jet flights.
iv.On July 03 2025, FfD4 concluded successfully in Sevilla, Spain, with the launch of 130 initiatives under SPA which in turn started the implementation of Sevilla Commitment or Compromiso de Sevilla.
- These initiatives were focused on advancing private and public private investment for Sustainable Development, including measures to bolster tax systems and domestic resource mobilization.
About Spain:
President– Pedro Sánchez
Capital– Madrid
Currency– Euro (EUR)
>>Read Full News
Iran Suspends IAEA Cooperation Amid Conflict with Israel and USA
In July 2025, Iranian President Masoud Pezeshkian signed a law suspending cooperation with the Vienna (Austria) based International Atomic Energy Agency (IAEA), the United Nations (UN) nuclear watchdog.
- The suspension follows airstrikes by the United States of America (USA) and Israel between June 13 and June 24, 2025, targeting Iranian nuclear facilities at Fordow, Natanz, and Isfahan.
i.The legislation was approved by Iran’s Parliament (Majlis) on June 25, 2025, receiving 221 votes in favor, 1 abstention, and no opposition among the members present in the 290-seat chamber.
- It was then approved by the Guardian Council, Iran’s constitutional watchdog, before being ratified by the President.
ii.The new law halts all IAEA inspections of Iranian nuclear installations until Iran’s Supreme National Security Council (SNSC) guarantees the security of nuclear sites and scientists.
iii.Under the law,
- All cooperation under the Nuclear Non-Proliferation Treaty (NPT) and related safeguards agreements is suspended.
- IAEA inspectors are barred from accessing nuclear sites without specific approval from the SNCC.
- The suspension will continue until specific conditions are fulfilled, such as ensuring the security of nuclear sites and scientists.
BANKING & FINANCE
GCF Approves USD 200 Million for ADB’s Clean Energy Program in IndiaIn July 2025, Incheon (South Korea) based Green Climate Fund (GCF), world’s largest climate fund, approved USD 200 million (approximately Rs.17.07 billion) for a new Manila (Philippines) based Asian Development Bank (ADB)-led programme that aims to unlock large-scale public and private investment in high-impact and emerging clean energy sectors in India.
- GCF approved the funding at its 42nd Board meeting, held in Port Moresby, Papua New Guinea.
- This initiative is part of a broader effort by GCF to invest approximately USD 1.2 billion across 17 new climate projects, primarily in Asia and Africa.
About GCF-ADB Partnership:
i.This funding will be routed through the ADB’s India Green Finance Facility (IGFF), marking the first partnership between GCF and ADB in India.
ii.The IGFF aims to attract investments in emerging clean energy technologies from leading Indian Development Financial Institutions (DFIs) as well as the private sector.
iii.Through IGFF, ADB will provide Lines of Credit (LoC) to eligible DFIs, which will be responsible for identifying and developing project pipelines.
iv.By extending LoCs to DFIs, the IGFF will fast-track financing for technologies such as round-the-clock renewable energy, green hydrogen, compressed biogas, electric mobility in rural areas, and decentralized renewable energy solutions.
v.A notable feature of the IGFF is a USD 65 million risk-sharing facility, designed to offer partial credit guarantees that enable smaller developers to access affordable financing for compressed biogas projects, often overlooked by commercial lenders due to perceived risks.
About Green Climate Fund(GCF):
GCF is the world’s largest dedicated fund, which helps to support developing nations in limiting or reducing their Greenhouse Gas (GHG) emissions and adapting to the impacts of climate change.
- It was established under the United Nations Framework Convention on Climate Change (UNFCCC) in 2010. It started its operations in 2015.
Executive Director(ED) – Mafalda Duarte
Headquarters – Incheon, South Korea
About Asian Development Bank (ADB):
President – Masato Kanda
Headquarters – Manila, Philippines
Established – 1966
SEBI Approved MobiKwik Securities to Operate as Stockbroker, Clearing Member
In July 2025, Mumbai (Maharashtra) based Securities Exchange Board of India (SEBI) has issued Certificate of Registration (CoR) to Gurugram (Haryana) based MobiKwik Securities Broking Private Limited (MSBPL), a wholly owned subsidiary of One MobiKwik Systems Limited, to operate as stockbroker and clearing member under SEBI’s Stock Brokers Regulations, 1992.
- The CoR has no expiration date, providing MSBPL with indefinite validity and the flexibility to expand its operations in the securities market.
i.Starting July 1, 2025, this approval empowers MSBPL to carry out activities such as buying, selling, and trading securities, as well as clearing and settling trades.
ii.The license positions MobiKwik to accelerate growth in its wealth distribution space and broaden its offerings throughout the capital market ecosystem.
iii.MobiKwik aims to integrate broking with its existing digital ecosystem, including wallets, lending, etc.
ECONOMY & BUSINESS
NSE Data: Gujarat becomes 3rd Indian State to Cross 1 Crore Stock Market Investors, after Maharashtra and UPAs per the latest data released by Mumbai (Maharashtra) based National Stock Exchange Limited (NSE) in July 2025, Gujarat has become the 3rd Indian state to record over 1 crore registered stock market investors, after Maharashtra and Uttar Pradesh (UP).
- The data further revealed that cumulatively, these 3 states now account for 36% of the total investor base in India.
Key Points:
i.The data showed that the total number of registered investors in India reached at approximately 11.5 crore (as of May 2025). The month of May alone saw the inclusion of over 11 lakh new investors, marking a 9% Month-on-Month (M-o-M) growth.
ii.The NSE data showed the region-wise distribution of number of registered investors such as North India leads with 4.2 crore investors, followed by West India (3.5 crore), South India (2.4 crore) and East India (1.4 crore).
iii.As per the data, North and East India registered the highest growth compared to last year, with investor numbers increasing by 24% and 23% respectively.
- South India recorded a growth of 22%, followed by West India (17%) during the same period.
iv.The data noted that the overall growth pattern indicates a change in momentum i.e. India has breached the mark of 9 crore investors in February 2024 and added the next crore every 5 to 6 months, reaching 10 crore by August 2024 and 11 crore by January 2025.
v.However, the growth rate declined from February to May 2025, with an average of 10.8 lakh new investors added every month, compared to monthly average of 19.3 lakh new investors in the Calendar Year 2024 (CY24).
About Gujarat:
Chief Minister (CM) – Bhupendra Patel
Governor – Acharya Devvrat
Capital– Gandhinagar
Ramsar Sites – Thol Lake Wildlife Sanctuary, Khijadia Wildlife Sanctuary
NCDEX Signs MoU with IMD to Launch India’s First Weather Derivatives
In June 2025, Mumbai (Maharashtra) based National Commodity and Derivatives Exchange Limited (NCDEX) signed a Memorandum of Understanding (MoU) with New Delhi (Delhi) based India Meteorological Department (IMD) to launch India’s first weather derivatives.
- This strategic collaboration sets the stage for the rollout of weather derivatives, designed to assist farmers and allied sectors in managing climate-related risks such as irregular rainfall, extreme heat, and unseasonal weather conditions.
i.The proposed weather derivatives will leverage IMD’s real-time and historical weather datasets, nationally validated and precision-calibrated to reflect actual ground-level conditions.
ii.These instruments will support location-specific, season-bound contracts, providing a powerful tool to manage weather-related volatility in agriculture, transportation, and other climate-sensitive sectors.
iii.The collaboration will support capacity-building, joint research, and training programmes for stakeholders, including Farmer Producer Organizations (FPOs), agri-traders, policy think tanks and analysts.
AWARDS & RECOGNITIONS
Deepika Padukone Becomes First Indian Actress Honoured with Star on Hollywood Walk of Fame Class of 2026In June 2025, California (United States of America, USA) based Hollywood Chamber of Commerce (HCC) announced that Indian actress Deepika Padukone will be honoured with a star on the Hollywood Walk of Fame Class of 2026 in the Motion Pictures category, making her the first Indian actress to receive this global recognition.
- The announcement was made during the HCC’s selection committee meeting held at Ovation Hollywood in Los Angeles (USA).
Hollywood Walk of Fame:
i.The Hollywood Walk of Fame is a globally recognised sidewalk landmark, featuring over 2,800 brass-and-terrazzo stars embedded since its establishment in 1960.
- It honours personalities across five categories: Motion Pictures, Television, Live Theatre/Performance, Recording, and Radio.
ii.The selection for the Walk of Fame is conducted annually by the Walk of Fame Selection Panel under the Hollywood Chamber of Commerce. Only around 20–30 names are selected each year from hundreds of nominations based on merit, global influence, and philanthropic contribution.
Global Recognition:
i.She is the first Indian ambassador for luxury brands Louis Vuitton and Cartier.
ii.Recognised in TIME’s 100 Most Influential People in 2018 and recipient of the TIME100 Impact Award.
iii.Featured at international events such as the Cannes Film Festival and Met Gala.
Note: Before Deepika Padukone, the only Indian-origin personality to be honoured on the Hollywood Walk of Fame was actor Sabu Dastagir, who received a star in 1960 for his contributions to early Hollywood cinema.
APPOINTMENTS & RESIGNATIONS
Sahil Kini Appointed as CEO of Reserve Bank Innovation Hub
In July 2025, Sahil Kini, co-founder of Setu, has been appointed as the new Chief Executive Officer (CEO) of the Bengaluru(Karnataka)-based Reserve Bank Innovation Hub (RBIH).
- He succeeds Rajesh Bansal, the founding CEO, whose four-year term concluded in April 2025.
i.Sahil Kini previously worked with McKinsey & Company, Aspada Investments, Titan Industries Limited, and MagnetWorks before co-founding Setu in 2018.
- Setu, a Bengaluru-based Application Programming Interface (API) fintech infrastructure firm, was later acquired by Pine Labs in 2022.
ii.He was also a core member of the iSPIRIT Foundation, contributing to IndiaStack projects like Aadhaar and Unified Payments Interface (UPI).
Note: RBIH was established in March 2022 and operates as a wholly owned subsidiary of the Reserve Bank of India (RBI).
Sukanya Sonowal Named Commonwealth Youth Peace Ambassador
In July 2025, Sukanya Sonowal, fourth-year B.Tech. student in Biosciences and Bioengineering at Indian Institute of Technology Guwahati (IIT Guwahati) in Guwahati, Assam, was selected as the Commonwealth Youth Peace Ambassador.
- She will lead Communications & Public Relations in the Executive Committee of the Commonwealth Youth Peace Ambassadors Network (CYPAN) for the 2025–2027 term.
i.CYPAN is a youth-led initiative spanning 56 Commonwealth member nations, dedicated to promoting peace, respect, and understanding, and countering violent extremism.
ii.Commonwealth Youth Peace Ambassadors are chosen for their demonstrated experience in peacebuilding, dedication to Commonwealth principles, and strong grasp of key policy and advocacy frameworks.
About Sukanya Sonowal:
i.Sukanya Sonowal has been actively involved in communications and outreach activities at IIT Guwahati.
ii.She is the co-founder of STEMvibe – Science, Technology, Engineering, and Mathematics (STEM) for Viksit Bharat Empowerment, which has engaged over 3,000 participants across India.
iii.Her collaborations with international organisations like Optiver, Qube Research & Technologies, and Jane Street demonstrate her proficiency in strategic communications and global youth engagement.
ENVIRONMENT
New Garcinia Species ‘Garcinia Kusumae’ Discovered in Assam
In June 2025, a new fruit-bearing tree species from the Garcinia genus, ‘Garcinia kusumae’, was discovered in the biodiverse foothills of Assam’s Baksa district, close to Manas National Park and Tiger Reserve.
- The species was formally described in the scientific journal Feddes Repertorium by retired Indian Foreign Service (IFS) officer and Taxonomist Jatindra Sarma and Hussain A. Barbhuiya, a scientist at the Mumbai (Maharashtra) based Bhabha Atomic Research Centre (BARC).
i.The newly identified species, Garcinia Kusumae, has been named in honour of Kusum Devi, the late mother of Jatindra Sarma, a noted Botanist and Chairman of Assam’s State Expert Appraisal Committee under the Ministry of Environment, Forest and Climate Change(MoEFCC).
ii.It belongs to the Clusiaceae family and characterized by its bright pinkish-orange fruits with blackish resin exudates, clusters of creamy-yellow flowers, and a sticky yellow resin that oozes from its bark.
iii.The tree grows up to 18 meters(m) tall and is marked by thick bark and distinctively structured flowers. Its flowering period extends from February to April, with fruiting occurring from May to June.
iv.Commonly known as Thoikora in Assamese, the tree has been deeply rooted in local village traditions for generations.
STATE NEWS
MP Cabinet Approves ‘Mukhyamantri Vrindavam Gram Yojana’ to make Villages Self-Reliant
In July 2025, the Madhya Pradesh(MP) cabinet headed by the Chief Minister (CM) Mohan Yadav, approved the implementation of ‘Mukhyamantri Vrindavan Gram Yojana’ to make the villages self-reliant in MP.
- Under this scheme, one village from each district will be selected, having a minimum population of 2000 and at least 500 cattle.
i.The selected villages will be developed as Vrindavan Grams, setting a model of self-sufficiency and holistic development of others.
ii.The key focus areas under the scheme will include Cow rearing and dairy development, environmental conservation, organic farming, water conservation, solar energy, pasture development, infrastructure development and rural entrepreneurship and livelihood generation.
iii.The scheme will be funded through a Rs.100 crore allocation comprising state budget support and contributions from corporate Corporate Social Responsibility (CSR) funds.
- It will be administered by the Panchayat and Rural Development Department (PRDD) of MP, with district-level committees overseeing its implementation.
iv.The cabinet also gave in-principle approval of Rs.4,572 crores for the reconstruction of 1766 damaged bridges to ensure connectivity.
v.The cabinet further approved the establishment of a campus of the Gandhinagar (Gujarat) based Rashtriya Raksha University (RRU) in Bhopal, MP.
Rajasthan CM Bhajan Lal Sharma Announces ‘Garibi Mukt Gaon Yojana’ to Eliminate Rural Poverty
On July 2, 2025, Chief Minister (CM) of Rajasthan, Bhajan Lal Sharma, announced the launch of the “Pandit Deendayal Upadhyay Garibi Mukt Gaon Yojana”, which aims to eliminate rural poverty in Rajasthan.
- Under the scheme, about 5,000 villages will be selected in the first phase, with the allocation of Rs 1,300 crores to support Below Poverty Line (BPL) families.
i.The initiative is positioned as a flagship poverty-alleviation programme of Rajasthan. It is designed to transform the economic and social landscape of rural Rajasthan.
ii.Under the scheme, the families who have successfully risen above the poverty line through their own efforts will receive Rs. 21,000 as incentives.
- The scheme also proposes to offer financial assistance of up to Rs.1 lakh per BPL household to encourage self-employment and livelihood generation initiatives.
iii.The beneficiary families will also receive an ‘Aatmanirbhar Parivar Card’ to recognize their achievement and facilitate further support.
iv.Women linked to Self-Help Groups(SHG) will be eligible for working capital support of up to Rs.15,000 per family.
v.The districts that perform exceptionally well in implementing the scheme will receive financial awards such as Rs.50 lakhs for first place, Rs.35 lakhs for second place, and Rs.25 lakhs for third place, based on quarterly rankings.
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Current Affairs Today (AffairsCloud Today)
Current Affairs 5 July 2025 |
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NITI Aayog launches ‘Chemical Industry: Powering India’s Participation in Global Value Chains’ |
DAC Approved Rs 1.05 Lakh Crore Indigenous Defence Procurement |
India, Australia Sign Pact for Joint Undersea Surveillance Research |
India Establishes 1st WOAH-Recognised EDFC in Meerut, UP |
India Rejoined Unicode Consortium as Supporting Member with Voting Rights |
Union MoS Dr.Pemmasani Chandra Sekhar Launches High-Speed Router ‘SAKSHAM-3000’ |
SMPP Secures Rs. 300 Crore Indian Army Order for Bulletproof Jackets, Helmets |
4th International Conference on Financing for Development Held from June 30 to July 03, 2025 in Seville, Spain |
Iran Suspends IAEA Cooperation Amid Conflict with Israel and USA |
GCF Approves USD 200 Million for ADB’s Clean Energy Program in India |
SEBI Approved MobiKwik Securities to Operate as Stockbroker, Clearing Member |
NSE Data: Gujarat becomes 3rd Indian State to Cross 1 Crore Stock Market Investors, after Maharashtra and UP |
NCDEX Signs MoU with IMD to Launch India’s First Weather Derivatives |
Deepika Padukone Becomes First Indian Actress Honoured with Star on Hollywood Walk of Fame Class of 2026 |
Sahil Kini Appointed as CEO of Reserve Bank Innovation Hub |
Sukanya Sonowal Named Commonwealth Youth Peace Ambassador |
New Garcinia Species ‘Garcinia Kusumae’ Discovered in Assam |
MP Cabinet Approves ‘Mukhyamantri Vrindavam Gram Yojana’ to make Villages Self-Reliant |
Rajasthan CM Bhajan Lal Sharma Announces ‘Garibi Mukt Gaon Yojana’ to Eliminate Rural Poverty |
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