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July 2024
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INDEX
National & States Affairs……..…………………………………………………………………………….….…5
International Affairs..………………………………………………………………………………………..…..29
Banking, Finance, Insurance & Economic Affairs..………..………………………….……….……..36
Defence Affairs….…………………………………………….….……...………………………………………..55
Sports & Games ..…………………………………………….….……...…………………………….………....62
Persons in News…………………….……………………….….……...………………………………….……..70
Arts & Cultural Affairs…………………………….……………………….………….……..……………......70
Science & Technology………..…………………………………………………….…….…..…………….......71
Appointments & Resignations…………………………….……………………….……..…………….......87
Awards, Rewards, Recognition & Prizes ………………………….……………….…………..….….....96
Schemes & Initiatives…………………………………………………………………….………….……......108
Meetings, Conferences and Summits…………………………….…………………….…..…….….…..120
Ranks, Reports & Surveys…………………………………………………………………..…….…….….…127
Amount & Agreements……………………………………….……………………………….…………..…..136
Ordinance, Bills & Acts……………………………………….……………………………….…………..…..139
MoUs, Collaborations & Parterships….………………….…………………………..…………….…....141
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National & States Affairs
1. On the occasion of the 109th Foundation Day of the Zoological Survey of India (ZSI) on July 1, Union Environment Minister
Bhupender Yadav launched the “Fauna of India Checklist Portal”. It is a checklist of its entire fauna, covering 1,04,561 species.
India became the first country in the world to do so. The faunal checklist will be an invaluable reference for taxonomists,
researchers, academicians, conservation managers and policymakers. The document comprises 121 checklists of all known
taxa, covering 36 phyla. Endemic, threatened and scheduled species have also been included in the list. {Read more}
Smart Points:
• July 1 – 109th Foundation Day of the Zoological Survey of India (ZSI)
• Bhupender Yadav – launched “Fauna of India Checklist Portal”, a checklist of its entire fauna, covering 1,04,561 species
• India became the first country in the world to do so
• The document comprises 121 checklists of all known taxa, covering 36 phyla
• HQs of ZSI – Kolkata, West Bengal | Director – Dhriti Banerjee | Founded on – July 1, 1916
2. Union Minister Dr Jitendra Singh has launched two geoportals, namely “Bhuvan Panchayat (Ver 4.0)” portal for rural land
records, and “National Database for Emergency Management (NDEM Ver 5.0)”, developed by Indian Space research
Organization (ISRO). These latest geospatial tools are meant for visualisation and planning to provide high resolution satellite
imagery of 1:10K scale for different locations across the entire country. Bhuvan Panchayat Geoportal 4.0, developed by the
National Remote Sensing Centre (NRSC) under ISRO, provides “Space based Information Support for Decentralized Planning
(SISDP)” and empower the citizens at the grass root level in Panchayats. The tools will provide real time data at the tips of
citizens and reduce corruption at the grass roots level. National Database for Emergency Management (NDEM Ver 5.0) will
provide space-based inputs on natural disasters and aid in disaster risk reduction In India as well as neighboring countries.
{Read more}
Smart Points:
• Dr Jitendra Singh launched two geoportals (developed by NRSC, ISRO):
- “Bhuvan Panchayat (Ver 4.0)” portal (for rural land records)
- “National Database for Emergency Management (NDEM Ver 5.0)”
• Aim: To provide high resolution satellite imagery of 1:10K scale for different locations across India
• It will provide space-based inputs on natural disasters and aid in disaster risk reduction In India & her neighbors
• Bhuvan Panchayat Geoportal 4.0 – provides “Space based Information Support for Decentralized Planning (SISDP)”
3. Union Minister for Coal and Mines, G Kishan Reddy has launched the “NIRMAN” (Noble Initiative for Rewarding Mains
Aspirants of National Civil Services Examination) portal. The initiative is aligned with the ‘Mission Karmayogi’ and is powered
by Coal India Limited as part of its CSR initiative (corporate social responsibility). Under this initiative, the financial support
of Rs 1 lakh will be provided to the UPSC examination qualified candidates, who have an annual family income of less than
Rs 8 lakh and belong to either Scheduled Caste, Scheduled Tribe, female or third gender. These aspirants need to be
permanent residents of any of the 39 operational districts of the company. {Read more}
Smart Points:
• G Kishan Reddy – launched the “NIRMAN” portal
• NIRMAN – Noble Initiative for Rewarding Mains Aspirants of National Civil Services Examination
• Under NIRMAN, financial support of Rs 1 lakh will be provided to the UPSC examination qualified candidates
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- Criteria: Annual family income of less than Rs 8 lakh & belong to SC/ST, female or third gender
- Aspirants need to be permanent residents of any of the 39 operational districts of the company
• The initiative is aligned with the ‘Mission Karmayogi’ & is powered by Coal India Ltd under its CSR initiative
• Minister of Coal & Mines: G. Kishan Reddy | Constituency – Secunderabad, Telangana
MoS in Ministry of Coal & Mines: Satish Chandra Dubey
4. NITI Aayog has launched “Sampoornata Abhiyan”, a 3-month campaign starting from July 4 till September 30, to achieve
saturation of 6 key indicators each in 112 aspirational districts and 500 aspirational blocks across the country. Under the
Abhiyan, districts and blocks will develop a 3-month action plan to saturate the 6 indicators, will track progress on saturation
each month, implement awareness and behavior change campaigns and the district officials will conduct concurrent
monitoring field visits. Under the programme, the six key indicators identified across all aspirational blocks include - (i)
Percentage of pregnant women registered for antenatal care (ANC) within the first trimester, (ii) Percentage of persons
screened for diabetes against the targeted population in the block, (iii) Percentage of persons screened for hypertension
against the targeted population in the block, (iv) Percentage of pregnant women taking supplementary nutrition under the
Integrated Child Development Services (ICDS) Programme regularly, (v) Percentage of soil health cards generated against
the soil sample collection target, and (vi) Percentage of self-help groups (SHGs) that have received a revolving fund against
the total SHGs in the block. For the aspirational districts, the 6 key indicators identified by NITI Aayog include - (i) percentage
of pregnant women registered for antenatal care (ANC) within the first trimester, (ii) percentage of pregnant women taking
supplementary nutrition under the ICDS programme regularly, (iii) percentage of children fully immunized (9-11 months),
(iv) number of soil health cards distributed, (v) percentage of schools with functional electricity at the secondary level, and
(vi) percentage of schools providing textbooks to children within 1 month of the start of the academic session. {Read more}
Smart Points:
• NITI Aayog – launched “Sampoornata Abhiyan”, a 3-month campaign
• Aim: To achieve saturation of 6 key indicators each in 112 aspirational districts & 500 aspirational blocks across India
• 6 key indicators identified across all aspirational districts:
- Percentage of pregnant women registered for antenatal care (ANC) within the first trimester
- Percentage of pregnant women taking supplementary nutrition under the ICDS programme regularly
- Percentage of children fully immunized (9-11 months)
- Number of soil health cards distributed
- Percentage of schools with functional electricity at the secondary level
- Percentage of schools providing textbooks to children within one month of the start of the academic session
• 6 key indicators identified across all aspirational blocks:
- Percentage of pregnant women registered for antenatal care (ANC) within the first trimester
- Percentage of persons screened for diabetes against the targeted population in the block
- Percentage of persons screened for hypertension against the targeted population in the block
- Percentage of pregnant women taking supplementary nutrition under the Integrated Child Development Services
(ICDS) Programme regularly
- Percentage of soil health cards generated against the soil sample collection target
- Percentage of self-help groups (SHGs) that have received a revolving fund against the total SHGs in the block
• HQs of NITI Aayog – New Delhi | CEO – BVR Subrahmanyam | Chair – Narendra Modi | VC – Suman K. Bery
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5. The Government of India has extended the “Smart Cities Mission (SCM)” period up to
31 March 2025, after receiving requests from some states/ city government
representatives to grant some more time to complete the balance 10% of the on-going
projects in smart cities. Ministry of Housing and Urban Affairs launched the Smart Cities
Mission (SCM) on 25 June, 2015. As on July 2024, the 100 smart cities have completed
7,188 projects (90% of total projects) amounting to ₹1,44,237 Crore as part of the
mission. On the financial progress, the mission has an allocated GoI budget of ₹48,000 Crore for the 100 cities. As on date,
GoI has released ₹46,585 Crore (97% of the allocated GoI budget) to 100 cities. The mission has also released full GoI financial
support under the mission to 74 out of 100 cities. {Read more}
Smart Points:
• GoI extended the “Smart Cities Mission (SCM)” period up to 31 March, 2025
• SCM – launched by MoHUA in June 2015 | Budget for 100 cities – ₹48,000 Cr
• As on July 2024, 100 smart cities have completed 7,188 projects (90% of total projects)
• As on date, GoI has released ₹46,585 Cr (97% of the allocated GoI budget) to 100 cities
6. Assam government has announced to provide “School in a Box” in model relief camps across the state for children and
teenagers aged 6-18. Such a box or child-friendly space (CFS) kit containing learning materials and other items to ensure the
continuity of education will be provided for each of the 167 model relief camps in the State where floods and rainfall-induced
landslides occurred recently. The kit is designed by UNICEF for Assam. {Read more}
Smart Points:
• Assam – announced to provide “School in a Box” in model relief camps for children & teenagers aged 6-18
• The kit is designed by UNICEF for Assam
• Assam: Capital – Dispur | CM – Himanta Biswa Sarma | Governor – Gulab Chand Kataria
7. Ministry of Home Affairs (MHA) is testing “eSakshya” (e-evidence), a

mobile-based application to help police record scene of crime, search
and seizure in a criminal case and upload the file on the cloud-based
platform. The mobile application, developed by the National Informatics
Centre (NIC), will be available to all police stations. The police official will
have to upload a selfie after the procedure is complete. Each recording
could be maximum 4 minutes long and several such files could be
uploaded for each First Information Report (FIR). The ‘Bharatiya Nyaya
Sanhita (BNS)’ that replaces the ‘Indian Penal Code, 1860’; the ‘Bharatiya Sakshya (BS)’ which replaces the ‘Indian Evidence
Act, 1872’; and the ‘Bharatiya Nagarik Suraksha Sanhita (BNSS)’ that replaces the ‘Code of Criminal Procedure, 1973’ have
come into force from July 1, 2024. As per the BNSS, criminal court will have to declare judgments within 45 days post the
trial’s conclusion. Also, the BNSS mandates compulsory audio-video recording of search and seizure in each criminal case.
According to the latest National Crime Records Bureau (NCRB) report, a total of 58.24 lakh Indian Penal Code and Special
Local Laws (SLL) crimes were reported in India in 2022. Moreover, the Director General of Railway Protection Force (RPF),
Manoj Yadava, launched the mobile application, “Sangyaan”, designed and developed by the Tech Team of RPF to provide
in-depth information on three new Criminal Acts. Sangyaan app aims to educate and empower RPF personnel by providing
comprehensive information to understand the provisions of both new and old criminal laws. {Read more}
Smart Points:
• MHA is testing a mobile app, “eSakshya” (e-evidence), developed by NIC
• Aim: To help police record scene of crime, search & seizure in a criminal case & upload file on cloud-based platform
https:// /#
• Each recording could be maximum 4 minutes long
• ‘Bharatiya Nyaya Sanhita’, ‘Bharatiya Sakshya’ & ‘Bharatiya Nagarik Suraksha Sanhita’ came into force from July 1
• As per the BNSS, criminal court will have to declare judgments within 45 days post the trial’s conclusion
• BNSS mandates compulsory audio-video recording of search and seizure in each criminal case
• NCRB report: 58.24 lakh Indian Penal Code and Special Local Laws (SLL) crimes were reported in India in 2022
• Manoj Yadava (DG of RPF) – launched a mobile app, “Sangyaan” to provide in-depth information on 3 new Criminal Acts
• Minister of Home Affairs: Amit Shah | Constituency – Gandhinagar, Gujarat
MoS in Ministry of Home Affairs: Nityanand Rai & Bandi Sanjay Kumar
• HQs of NIC – New Delhi | DG – Rajesh Gera | Established in – 1976
8. According to the latest amendment in the “Central Civil Services (Leave) Rules, 1972”, the ‘commissioning mother’ (the
intending mother of the child born through surrogacy) is now eligible for up to 180 days of maternity leave. The government
also grants paternity leave of 15 days to the ‘commissioning father’. The notice in this regard was issued by the Ministry of
Personnel, Public Grievances and Pension. Until now, for cases where a couple conceived a child via surrogacy, there was
no provision to grant maternity leaves to women government employees. Also, the current regulations permit a female
government servant and single male government servant to take childcare leave for up to 730 days throughout their service
to take care for their two oldest surviving children. {Read more}
Smart Points:
• According to the latest amendment in the “Central Civil Services (Leave) Rules, 1972”:
• ‘Commissioning Mother’ is now eligible for maternity leave up to 180 days
• ‘Commissioning Father’ is also eligible for paternity leave of 15 days
• Female & single male govt servant is permitted to take childcare leave for up to 730 days throughout their service
9. Pench Tiger Reserve (PTR), the first one to straddle across two states - Madhya Pradesh & Maharashtra, has launched an
advanced Artificial Intelligence (AI) system for early detection of forest fires. It is a pioneering approach in forest fire
management. 15 commercial satellite services are integrated into the system. This state-of-the-art system features a high-
resolution camera, with a visual range of 15 kilometres. This means it can effectively cover more than 350 sq km of the tiger
reserve. The project had been successfully implemented through joint collaboration between Pench Tiger Reserve,
Maharashtra; Satpuda Foundation; Umgrameio (Brazil) and Forest Fire Tech, a division of Scaale Inc, USA. Part of the project
was funded by Solar Industries India Ltd, Nagpur and the rest by the Maharashtra government. {Read more}
Smart Points:
• Pench Tiger Reserve (MH & MP) – launched an advanced AI system for early detection of forest fires
• 15 commercial satellite services are integrated into the system
• This state-of-the-art system features a high-resolution camera, with a visual range of 15 Kms
• Implemented by = PTR + Satpuda Foundation + Umgrameio (Brazil) + Forest Fire Tech (US)
• Funded by = Solar Industries India Ltd (Nagpur) + Maharashtra Govt
• Maharashtra: Capital – Mumbai | CM – Eknath Shinde | Governor – Ramesh Bais
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10. Dr. Jitendra Singh, Union Minister of State (I/C) for Science & Technology, inaugurated “One Week One Theme (OWOT)”
Campaign and its logo at India habitat Centre, Delhi. All seven CSIR labs organized programs on OWOT, “Energy and Energy
Devices”, at their respective institutes. The OWOT campaign is based on 8 themes of CSIR in which all 37 CSIR labs will
organize programs of particular themes. The seven CSIR labs are CSIR-Central Institute of Mining and Fuel Research (CSIR-
CIMFR), Dhanbad; CSIR-National Geophysical Research Institute (CSIR-NGRI), Hyderabad; CSIR- Central Salt and Marine
Chemicals Research Institute (CSIR-CSMCRI), Bhavnagar; CSIR-Central Electrochemical Research Institute (CSIR-CECRI),
Karaikudi; CSIR-Central Mechanical Engineering Research Institute (CSIR-CMERI), Durgapur; CSIR-Central Glass & Ceramic
Research Institute (CSIR-CGCRI), Kolkata; and CSIR-National Chemical Laboratory (CSIR-NCL), Pune. Next theme of CSIR’s
OWOT campaign on “Chemicals and Petrochemicals” will be organized from July 15-20, 2024. {Read more}
Smart Points:
• Dr. Jitendra Singh – inaugurated “One Week One Theme (OWOT)” Campaign & its logo at India habitat Centre, Delhi
• All 7 CSIR labs organized programs on OWOT at their respective institutes on the theme, “Energy and Energy Devices”
- CSIR-Central Institute of Mining and Fuel Research (CSIR-CIMFR), Dhanbad
- CSIR-National Geophysical Research Institute (CSIR-NGRI), Hyderabad
- CSIR- Central Salt and Marine Chemicals Research Institute (CSIR-CSMCRI), Bhavnagar
- CSIR-Central Electrochemical Research Institute (CSIR-CECRI), Karaikudi
- CSIR-Central Mechanical Engineering Research Institute (CSIR-CMERI), Durgapur
- CSIR-Central Glass & Ceramic Research Institute (CSIR-CGCRI), Kolkata
- CSIR-National Chemical Laboratory (CSIR-NCL), Pune
• OWOT campaign – based on 8 themes of CSIR
• Next theme of CSIR’s OWOT campaign – “Chemicals and Petrochemicals” | Organized – from July 15-20, 2024
• HQs of CSIR – New Delhi | President – Narendra Modi | DG – Nallathamby Kalaiselvi | Established in – 1942
• MoS (I/C) in Ministry of Science & Technology: Dr. Jitendra Singh | Constituency – Udhampur, J&K
11. Narendra Modi-led National Democratic Alliance (NDA) government has constituted 8 Cabinet Committees, including
India's highest decision-making bodies on Security and Economic Affairs. The government also renamed the Cabinet
Committee on Employment and Skill Development. It is now called the Cabinet Committee on Skill, Employment, and
Livelihood. Of the 72 members of the Union Council Minister, including the Prime Minister Modi, 31 are of Cabinet rank.
The most powerful Appointment Committee of the Cabinet, responsible for appointment of bureaucrats, will be headed by
the Prime Minister. Of the 6 Cabinet Committees are headed by Prime Minister, other 5 are - Cabinet Committee on
Economic Affairs, Cabinet Committee on Political Affairs, Cabinet Committee on Security, Cabinet Committee on lnvestment
and Growth, and Cabinet Committee on Skill, Employment and Livelihood. Out of remaining two (in which PM is not a
member), Cabinet Committee on Accommodation will be headed by the Home Minister, while the Cabinet Committee on
Parliamentary Affairs will be headed by the Defence Minister. {Read more}
Smart Points:
• NDA Govt (led by PM Modi) – constituted 8 Cabinet Committees
• Prime Minister will head 6 Cabinet Committees:
- Appointment Committee of the Cabinet
- Cabinet Committee on Economic Affairs
- Cabinet Committee on Political Affairs
- Cabinet Committee on Security
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- Cabinet Committee on lnvestment & Growth
- Cabinet Committee on Skill, Employment & Livelihood
• Remaining 2 Cabinet Committees:
- Cabinet Committee on Accommodation – headed by Home Minister
- Cabinet Committee on Parliamentary Affairs – headed by Defence Minister
• Cabinet Committee on Employment & Skill Development – renamed as Cabinet Committee on Skill, Employment &
Livelihood
• Of 72 members of Union Council Minister – 31 are of Cabinet rank
12. Indian Air Force Chief, Air Chief Marshal V. R. Chaudhari, has inaugurated the
newly established “Weapon Systems School (WSS)” at Air Force Station Begumpet,
Hyderabad. The new branch will have 4 streams - (i) flying stream to operate the
weapons and systems in airborne platforms like the Sukhoi-30 MKI and C-130J; (ii)
remote stream to operate remotely piloted aircraft; (iii) mission commanders and
operators for Surface to Air and Surface-to-Surface weapon systems, and (iv)
intelligence stream for handling space-based intelligence and imagery. The WSS will impart effect-based training that is
contemporary in nature and prepare officers of the newly formed branch in line with the requirements of the IAF. {Read
more}
Smart Points:
• ACM V. R. Chaudhari – inaugurated “Weapon Systems School (WSS)” at Air Force Station Begumpet, Hyderabad
• It will have 4 streams:
- Flying stream to operate the weapons & systems in airborne platforms like Sukhoi-30 MKI & C-130J
- Remote stream to operate remotely piloted aircraft
- Mission commanders & operators for Surface to Air & Surface-to-Surface weapon systems
- Intelligence stream for handling space-based intelligence & imagery
• HQs of IAF – New Delhi | Chief – Air Marshal Vivek Ram Chaudhari | Vice Chief – Air Marshal Amar Preet Singh
13. Madhya Pradesh Chief Minister Mohan Yadav has launched the “Lokpath Mobile App”, through
which road problems of the public will be resolved within 7 days. It has been developed by Madhya
Pradesh State Electronic Development Corporation Limited. The mobile app will provide a facility
for the general public to report problems on the routes and will also ensure the accountability of
the officers. The officer will repair the pothole/screw within a time limit of 7 days and record the
solution through the app. {Read more}
Smart Points:
• Madhya Pradesh – launched the “Lokpath Mobile App” to resolve road problems of the public within 7 days
• Developed by – Madhya Pradesh State Electronic Development Corp Ltd
• Madhya Pradesh: Capital – Bhopal | CM – Mohan Yadav | Governor – Mangubhai Chhaganbhai Patel
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14. Border Security Forces (BSF), in association with SBI, has organised a “Grow with the Trees” plantation drive at BSF
Headquarters in Srinagar, Jammu & Kashmir. With the aim of creating a green environment and promoting the importance
of tree plantations, the BSF officials and Jawans, along with the officials from SBI Bank and the school children at the Kendria
Vidyalay at the BSF Headquarters, took part in the drive. {Read more}
Smart Points:
• BSF + SBI = organised a “Grow with the Trees” plantation drive at BSF Headquarters in Srinagar, J&K
• HQs of BSF – Delhi | DG – Nitin Agarwal | Established on – Dec 1, 1965 | Motto – “Duty Unto Death”
• HQs of SBI – Mumbai, Maharashtra | Chairman – Dinesh Kumar Khara (From Aug’24 - Challa Sreenivasulu Setty)
MDs – Challa Sreenivasulu Setty | Alok Kumar Choudhary | Ashwini Kumar Tewari | Vinay M. Tonse
15. Ministry of Statistics and Programme Implementation (MoSPI) has set up a 26-member Advisory Committee on National
Accounts Statistics (ACNAS) to decide the base year for Gross Domestic Product (GDP) data. Biswanath Goldar, former
professor of the Institute of Economic Growth, has been appointed as its chairman. The committee will also have
representation from the Reserve Bank of India (RBI), NITI Aayog, Agricultural Ministry, GST network, Commerce and Industry
Ministry, and DPIIT. Besides, the panel is also slated to take a call on the alignment of GDP with other indices like wholesale
price index (WPI), consumer price index (CPI), and index of industrial production (IIP). The committee will also advise on the
compilation and presentation of national accounts. The committee will have a tenure of 5 years or till the completion of
next base year, whichever is later. The consumer price index base is likely to be 2024, as the government is conducting a
market survey to identify shops and commodities for inclusion in the consumer basket. {Read More}
Smart Points:
• MoSPI – set up a 26-member Advisory Committee on National Accounts Statistics to decide base year for GDP data
• The committee will be chaired by – Biswanath Goldar (Tenure of committee - 5 years)
• The committee will also have representatives from – RBI, NITI Aayog, Agricultural Ministry, GST network, MoC&I
• Panel is also slated to take a call on alignment of GDP with other indices like WPI, CPI & IIP
• 2024 – likely to be base year for CPI
• MoS (I/C) in Ministry of Statistics & Programme Implementation: Rao Inderjit Singh | Constituency – Gurgaon, Haryana
16. Chhattisgarh Chief Minister Vishnu Deo Sai has launched the 2nd edition of the “Single Window System (SWS)” to facilitate
speedy approvals of various clearances required for setting up industries. The state government would extend all possible
assistance to entrepreneurs interested in investing in the state. The online facility helps simplify the process by reducing
administrative physical interference in the grant of clearances and approvals. With the new system, all the facilities will be
available at one click and the process of setting up new units will become easier. {Read More}
Smart Points:
• Vishnu Deo Sai (Chhattisgarh CM) – launched 2nd edition of “Single Window System (SWS 2.0)”
• Aim: To facilitate speedy approvals of various clearances required for setting up industries
• Chhattisgarh: Capital – Raipur | CM – Vishnu Deo Sai | Governor – Biswa Bhusan Harichandan
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17. The Department of Telecommunications (DoT) has released draft rules to operationalise the “Digital Bharat Nidhi (DBN)”,
to increase telecom connectivity in rural areas. Digital Bharat Nidhi would replace the erstwhile Universal Service Obligation
Fund (USOF), which is a pool of funds generated by a 5% Universal Service Levy charged upon all the telecom fund operators
on their Adjusted Gross Revenue (AGR). This money would be used to fund the expansion of telecom networks in remote
and rural areas, where private companies may otherwise resist offering their services due to them not being revenue-
generating markets. As per the Telecom Act, contributions made by telecom companies towards the Digital Bharat Nidhi
will first be credited to the Consolidated Fund of India (CFI). The Centre will deposit the collected funds to the DBN from
time to time. The USOF was established in 2003. {Read More}
Smart Points:
• DoT – released draft rules to operationalise the “Digital Bharat Nidhi (DBN)”
• DBN will replace the erstwhile ‘Universal Service Obligation Fund (USOF)’ (USOF was established in 2003)
• Aim: To fund the expansion of telecom networks in remote and rural areas
• Minister of Communications: Jyotiraditya M. Scindia | Constituency – Guna, Madhya Pradesh
MoS in Ministry of Communications: Dr. Chandra Sekhar Pemmasani
18. The 16th Finance Commission, headed by Arvind Panagariya, has constituted an Advisory Council
with 5 members. The members of the council are DK Srivastava, Neelkanth Mishra, Poonam Gupta,
Pranjul Bhandari and Rahul Bajoria. Poonam Gupta would be the convenor of the Advisory Council. The
role and functions of the Advisory Council will be - (i) To advise the Commission on any of the Terms of
Reference (ToR) or related subjects that may be of relevance; (ii) To assist in the preparation of papers
or research studies and to monitor or assess studies commissioned by the Finance Commission; (iii) To help broaden the
Commission’s ambit and understanding by seeking the best national and international practices on matters pertaining to
fiscal devolution and improving the quality, reach, and enforcement of its recommendations. {Read More}
Smart Points:
• 16th Finance Commission (headed by Arvind Panagariya) – constituted an Advisory Council with 5 members
- 5 members – DK Srivastava, Neelkanth Mishra, Pranjul Bhandari & Rahul Bajoria | Convener – Poonam Gupta
19. In Kerala, the first State in the country to publish the first volume of the People’s Biodiversity Register (PBR) across all
local bodies, 4 Gram Panchayats (Thazhakara, Maruthonkara, Kadalundi and Srinarayanapuram) have submitted the
updated version of the PBR to the Kerala State Biodiversity Board (KSBB). Thazhakara became the first Gram Panchayat in
Alappuzha and one of the first in Kerala to update PBR. The first volume of the PBR was published 10 years ago and lacked
vital information but the second volume serves as a comprehensive report on biodiversity. The PBR is dynamic, requiring
periodic updates on ecosystem details, landscapes, species, and traditional knowledge with active community participation.
The KSBB hopes to complete the updation of the PBR in 50% of local bodies in the State by the end of 2024. Gram Panchayats,
Municipalities, and Corporations across Kerala are updating the PBR. The Biological Diversity Act (2002) mandates the
development of PBRs at the local level to document as well as safeguard bioresources and associated knowledge. {Read
More}
Smart Points:
• Kerala – first State to publish first volume of People’s Biodiversity Register (PBR) across all local bodies
• 4 Gram Panchayats of Kerala – submitted updated version of PBR to Kerala State Biodiversity Board (KSBB)
- Thazhakara, Maruthonkara, Kadalundi & Srinarayanapuram
• Thazhakara – became first Gram Panchayat in Alappuzha & one of the first in Kerala to update PBR
• First volume of PBR – published 10 years ago
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• Biological Diversity Act (2002) – mandates development of PBRs at local level to document & safeguard bioresources &
associated knowledge
• Kerala: Capital – Thiruvananthapuram | CM – Pinarayi Vijayan | Governor – Arif Mohammad Khan
20. Tata Power Solar Systems Limited has launched ‘Ghar Ghar Solar’ initiative in Uttar Pradesh. It is a transformative rooftop
solar initiative aimed at powering every home in Uttar Pradesh (UP) with clean energy. Starting from Varanasi, the ambitious
initiative of ‘Ghar Ghar Solar, Tata Power ke Sang’ promises substantial financial savings and environmental benefits for
residents through state-of-the-art Rooftop Solar Solutions (RTS). Consumers in the state can avail a maximum subsidy of up
to Rs.1,08,000 on rooftop solar installation. It will comprise Central Government's subsidy of Rs 78,000 for up to 3 kW and
a maximum of Rs 30,000 (Rs 15,000 per kW) for up to 3kW by the State Government. Additionally, Tata Power Solar
guarantees a quick turnaround of just 7 days, from inquiry to installation, minimizing any downtime for customers as against
other players operating in the market. {Read More}
Smart Points:
• Tata Power Solar Systems Ltd – launched ‘Ghar Ghar Solar’ initiative in UP to power every home with clean energy
• It will start from – Varanasi | Quick turnaround within – 7 days
• Max subsidy on rooftop solar installation for up to 3 kW – ₹1,08,000 (By Centre - ₹78,000 | By State - ₹30,000)
• HQs of Tata Power Solar Systems – Mumbai, Maharashtra | MD & CEO – Ashish Khanna
• UP: Capital – Lucknow | CM – Yogi Adityanath | Governor – Anandiben Patel
21. Dr. Vinod Paul, Member (Health), NITI Aayog, has inaugurated a two-day “National Consultation on Legal Environment
Assessment for One Health Activities in India” in New Delhi. The ‘One Health’ approach, which integrates the health of
people, animals and the environment, is crucial for addressing complex health challenges such as zoonotic diseases,
antimicrobial resistance, and food safety. It aims to assess the current legal framework, foster multi-sectoral dialogue,
develop actionable recommendations, and promote inter-sectoral collaboration. Moreover, NITI Aayog, Ministry of Health
& Family Welfare, Ministry of Environment, Forest & Climate Change, Ministry of Law & Justice, and Department of Animal
Husbandry & Dairying have collaborated to initiate a “Unified Legal & Policy Framework for One Health”. {Read More}
Smart Points:
• Dr. Vinod Paul (NITI Aayog member) – inaugurated “National Consultation on Legal Environment Assessment for One
Health Activities in India” in New Delhi
• ‘One Health’ approach – integrates health of people, animals & the environment
• Aim: To assess current legal framework, foster multi-sectoral dialogue, develop actionable recommendations & promote
inter-sectoral collaboration
• NITI Aayog + MoH&FW + MoEFCC + MoL&J + DADF = to initiate a “Unified Legal & Policy Framework for One Health”
22. Rajasthan has become the first State in India to adopt an action plan for road safety for the next 10 years. The action
plan, to be accompanied by a government policy, will be aimed at reducing road accidents in the State by 50% till 2030. The
policy would generate awareness among the public at large about road safety provisions and bring about behavioural
changes for complying with road safety rules. World Bank would render assistance to the State government in the
preparation of an action plan and road safety policy by incorporating the best practices adopted in different countries. The
action plan will be implemented in three stages. The first stage from 2025 to 2027, second from 2027 to 2030 and the third
from 2030 to 2033. {Read More}
https:// /#
Smart Points:
• Rajasthan – became first State in India to adopt an action plan for road safety for next 10 years
• Aim: To reduce road accidents in the State by 50% till 2030
• It will be implemented in 3 stages: 1st – 2025 to 2027 | 2nd – 2027 to 2030 | 3rd – 2030 to 2033
• Rajasthan: Capital – Jaipur | CM – Bhajan Lal Sharma | Governor – Kalraj Mishra
23. Gautam Adani, the chairman of the Adani Group, has announced that Adani Group will be the principal sponsor for Team
India at 2024 Paris Olympics. Adani Group has pledged its whole-hearted support to the champions of the nation through a
campaign with the theme “#DeshkaGeetAtOlympics”. Since 2016, the Adani Group has supported more than 28 athletes in
sports like boxing, wrestling, tennis, javelin throw, shooting, running, shotput, brisk walking, archery, and more. {Read
More}
Smart Points:
• Adani Group – will be principal sponsor for Team India at 2024 Paris Olympics
• Theme of the campaign – “#DeshkaGeetAtOlympics” | Adani Group – supported 28+ athletes since 2016
• HQs of Adani Group – Ahmedabad, Gujarat | Chairman – Gautam Adani | MD – Rajesh Adani
24. As part of the “National Tobacco Control Programme (NTCP)”, the Ministry of Health & Family Welfare, Government of
India, has issued the “Tobacco Free Educational Institution (ToFEI) Guidelines” for safeguarding minors and youth from
tobacco use. Department of School Education & Literacy, Ministry of Education has developed a “ToFEI Implementation
Manual” for schools and launched it on World No Tobacco Day on May 31. The objective is to make educational institutions
across the nation comply with the ToFEI guidelines. The initiative outlines several key measures to be implemented in
schools nationwide, including the display of “Tobacco Free Area” and “Tobacco Free Education Institution” signage within
school premises, prohibiting evidence of tobacco use on campus, organizing regular tobacco control activities, and
nominating “Tobacco Monitors” among staff. Additionally, the plan enforces a 100-yard tobacco-free zone around
educational institutions. According to the “Global Youth Tobacco Survey (GYTS) 2019”, 8.5% of school students in the age
group of 13 to 15 consume tobacco in different forms across the country. Tobacco use is one of the major causes of
preventable deaths and diseases in India and accounts for nearly 1.35 million deaths every year in the country. India is also
the second largest consumer and producer of tobacco. {Read More}
Smart Points:
• MHFW – issued “Tobacco Free Educational Institution Guidelines” for safeguarding minors & youth from tobacco use
• DSEL (MoE) – developed “ToFEI Implementation Manual” for schools | Launched on – World No Tobacco Day (May 31)
• Aim: To make educational institutions across the nation comply with the ToFEI guidelines
• As per “Global Youth Tobacco Survey (GYTS) 2019”, 8.5% of school students (13-15 age) consume tobacco in different
forms across the country
• Tobacco use – accounts for nearly 1.35 million deaths every year in India
• India – 2nd largest consumer & producer of tobacco
• Minister of Health & Family Welfare: Jagat Prakash Nadda | Constituency – Gujarat
MoS in Ministry of Health & Family Welfare: Jadhav Prataprao Ganpatrao & Anupriya Singh Patel
https:// /#
25. Ministry of Statistics and Programme Implementation (MoSPI), the nodal Ministry for integrated development of the
national statistical system in India, launched “eSankhyiki Portal” to provide real-time inputs for planners, policy-makers,
researchers and the public at large. The objective of this portal is to establish a comprehensive data management and
sharing system for ease of dissemination of official statistics in the country. The Portal has 2 modules, ‘Data Catalogue’ and
‘Macro Indicators’. The ‘Data Catalogue’ module provides a catalogue of major data assets of the Ministry, making them
easier to access for users. It has 7 data products. The ‘Macro Indicators’ module offers time series data of key macro
indicators, with features for filtering and visualizing data. Users can also download custom datasets, visualizations, and share
them through APIs. It currently contains products of MoSPI. The “eSankhyiki Portal” was launched on ‘Statistics Day (29
June)’ by Dr Arvind Panagariya, Chairman of the 16th Finance Commission of India. {Read More}
Smart Points:
• MoSPI – launched “eSankhyiki Portal” to provide real-time inputs for planners, policy-makers, researchers & public
• Aim: To establish a comprehensive data management & sharing system for ease of dissemination of official statistics
• The Portal has 2 modules – ‘Data Catalogue’ & ‘Macro Indicators’
- ‘Data Catalogue’ module provides a catalogue of major data assets of the Ministry
- ‘Macro Indicators’ module offers time series data of key macro indicators
• MoS (I/C) in Ministry of Statistics & Programme Implementation: Rao Inderjit Singh | Constituency – Gurgaon, Haryana
26. Ministry of Ports, Shipping, and Waterways (MoPSW) has approved a research proposal on the “Valorization of Dredged
Sediments”. The project, sanctioned at an estimated cost of Rs 46,47,380, will be implemented over a duration of 3 years
by IIT Bombay. The ‘Valorization of Dredged Sediments’ is the reuse of sediments as raw material for civil engineering and
other purposes. It can be a sustainable solution to reduce the strain on natural resources and eliminate waste. The primary
objective of this research is to create value from dredged sediments by converting them into aggregates suitable for various
construction fields. MoPSW is dedicated to fostering research and innovation within the maritime sector. By supporting
cutting-edge projects and collaborating with leading academic institutions like IIT Bombay and IIT Madras, the Ministry aims
to develop sustainable and efficient solutions for port operations and environmental conservation. {Read More}
Smart Points:
• MoPSW – approved a research proposal on “Valorization of Dredged Sediments” by IIT Bombay for 3 years
• Estimated cost – Rs 46,47,380 | It is the reuse of sediments as raw material for civil engineering & other purposes
• Minister of Ports, Shipping & Waterways: Sarbananda Sonowal | Constituency – Dibrugarh, Assam
MoS in Ministry of Ports, Shipping & Waterways: Shantanu Thakur
27. Uttarakhand Government’s Department of Health and Family Welfare’s “eSwasthya Dham” portal was integrated with
Ayushman Bharat Digital Mission (ABDM). ABDM, a “Central Sector Scheme” launched in September 2021 aims to create an
integrated digital health infrastructure of the country. eSwasthya Dham portal is a portal that helps in monitoring the Char
Dham Yatra pilgrim’s health parameters. As a result, it ensures the smooth journey of pilgrims visiting Yamunotri, Gangotri,
Kedarnath, and Badrinath-together called as the ‘Char Dham Yatra’. Pilgrims can easily create their 14-digit ABHA number
at the eSwasthya Dham portal in just 1-2 minutes. Besides, helpline number 104 has also been set up to assist the pilgrims.
{Read More}
Smart Points:
• Uttarakhand’s “eSwasthya Dham” portal – integrated with Ayushman Bharat Digital Mission (ABDM)
• ABDM – launched in Sep 2021 to create an integrated digital health infrastructure of India
• ‘eSwasthya Dham’ portal – helps in monitoring Char Dham Yatra pilgrim’s health parameters
https:// /#
• Pilgrims can create their 14-digit ABHA number at eSwasthya Dham portal | 104 – Helpline number to assist pilgrims
• Uttarakhand: Capital – Dehradun & Gairsain | CM – Pushkar Singh Dhami | Governor – Lt. Gen. Gurmit Singh
28. Uttar Pradesh has set a record by generating 1 crore tokens through the Ayushman Bharat Health Account (ABHA) ID.
Uttar Pradesh is the first and only state in India to achieve such a feat, having generated a total of 1,43,00,000 tokens to
date. Uttar Pradesh is followed by Andhra Pradesh with 60,33,104 tokens, Karnataka with 42,57,944 tokens, Jammu &
Kashmir with 38,87,226 tokens, & Delhi with 22,28,079 tokens. Recently, Uttar Pradesh also set a new record by surpassing
the figure of 80 lakhs in ABHA-based OPD registration. Previously, the state had achieved acclaim for creating 10 crores of
ABHA IDs. Ayushman Bharat Health Account (ABHA) is an initiative of the National Health Authority (NHA). It is a health
savings account launched under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). Each ABHA ID
features a unique 14-digit identification number. {Read More}
Smart Points:
• UP – set a record by generating 1 Cr tokens through Ayushman Bharat Health Account (ABHA) ID
• UP – first & only state in India to achieve this feat | Generated – 1,43,00,000 tokens to date
- 2nd – Andhra Pradesh (60,33,104) | 3rd – Karnataka (42,57,944) | 4th – J&K (38,87,226) | 5th – Delhi (22,28,079)
• UP – also set a new record by surpassing figure of 80 lakhs in ABHA-based OPD registration
• UP – previously achieved acclaim for creating 10 Cr of ABHA IDs | ABHA ID – 14-digit identification number
• ABHA – initiative of NHA | It is a health savings account launched under AB-PMJAY
29. Uttar Pradesh government has launched “Mitra Van” as part of ‘Vriksharopan Jan Abhiyan-2024’ along the border of
Uttar Pradesh and Nepal. For this initiative, at least 35 forest divisions will identify locations for the establishment of ‘Mitra
Vans’. Scheduled to commence on July 20, the Vriksharopan Jan Abhiyan-2024 is poised to conduct extensive tree plantation
drives in Uttar Pradesh’s bordering districts. The initiative includes establishing special forests like ‘Shakti Van’, ‘Yuva Van’,
and ‘Bal Van’ in each district participating in Vriksharopan Jan Abhiyan. {Read More}
Smart Points:
• UP – launched “Mitra Van” as part of ‘Vriksharopan Jan Abhiyan-2024’ along the border of UP & Nepal
• At least 35 forest divisions will identify locations for the establishment of ‘Mitra Vans’
• The initiative includes establishing special forests like ‘Shakti Van’, ‘Yuva Van’, and ‘Bal Van’ in participating district
• Nepal – Kathmandu – Nepalese Rupee | President – Ram Chandra Poudel | PM – K. P. Sharma Oli
30. CyberPeace Foundation along with the National Commission for Women (NCW),
launched the 5th phase of the “Digital Shakti Campaign”, a pan-India project on digitally
empowering and upskilling women and girls in cyberspace. Under this program, the
CyberPeace Foundation has established responders in each state that will provide training
and enhance the skills of women and girls in digital skills, cybersecurity awareness, artificial
intelligence (AI), emerging technologies, etc. As per the NCW, despite India being on the
verge of becoming the 3rd largest power in the world, women still face struggles in all fields. The gender gap remains
significant, with only 43% of women in the science field, falling short of the desired 50%. The “Digital Shakti Campaign” was
started at Punjab University in 2018 with the vision of introducing women to the digital era to enhance their skills. So far,
the Campaign trained 6.86 lakh through direct sessions and over 2.67 crore individuals through online mediums. In the 5 th
phase, it aims to increase that number to 10 lakhs. {Read More}
https:// /#
Smart Points:
• CyberPeace Foundation + NCW = launched 5th phase of “Digital Shakti Campaign”
- A pan-India project on digitally empowering & upskilling women & girls in cyberspace
• CyberPeace Foundation – established responders in each state to provide training & enhance digital skills of females
• The campaign was started at Punjab University in 2018 to introduce women to digital era to enhance their skills
• The campaign trained 6.86 lakh through direct sessions & over 2.67 Cr individuals through online mediums
- It aims to train 10 lakhs in 5th phase
• HQs of NCW – New Delhi | Chairperson – Rekha Sharma | Founded in – 1992
31. The Kerala General Education Department has designed the first-ever “Inclusive Sports
Manual” to promote the sports talents of differently-abled school-children and ensure their
participation in the field. The inclusive sports programme aims at promoting sports with the
participation of individuals with different kinds of disabilities and those without disabilities.
Another programme, titled “Healthy Kids,” envisaged to ensure the physical and mental health
of children by initiating them to sports and games, would be implemented for primary students
of the state-run schools. Seeking to support autistic children, “Model Autism Complexes” would
be set up in all 14 districts of the state. A programme “Beach to Bench” would be implemented for the academic, social, and
sports development of students from the coastal areas studying in state schools. Students in classes 5 to 12 who were not
faring well in their studies would be identified and provided academic support as part of the “Helping Hands” project. The
14 District Institutes of Education and Training (DIET) in the state would be turned into centres of excellence in 5 years.
Kerala is set to become the first state to train school teachers in artificial intelligence (AI), with 20,460 teachers already
trained in May 2024. By 2025, all teachers in Kerala will have received AI training. {Read More}
Smart Points:
• Kerala General Education Department – designed first-ever “Inclusive Sports Manual”
- Aim: To promote sports with participation of individuals with different kinds of disabilities & without disabilities
• “Healthy Kids” programme – would be implemented for primary students of the state-run schools
- Aim: To ensure physical & mental health of children by initiating them to sports & games
• “Model Autism Complexes” – would be set up in all 14 districts of the state
• “Beach to Bench” programme – to implement for academic, social & sports development of students from coastal areas
• 14 District Institutes of Education & Training (DIET) in Kerala – would be turned into centres of excellence in 5 years
• Kerala – to become first state to train school teachers in AI | 20,460 – already trained in May 2024
- By 2025 – all teachers in Kerala will have received AI training
https:// /#
32. The Government of India reconstituted the National Institution for Transforming India
(NITI Aayog) following changes in the Council of Ministers, with 4 full-time members and 15
Union Ministers, as either ex-officio members or special invitees. Prime Minister Narendra
Modi remains the chairperson and economist Suman K. Bery will continue to be the vice-
chairperson. Scientist V.K. Saraswat, agricultural economist Ramesh Chand, paediatrician
V.K. Paul and macro-economist Arvind Virmani will also continue to be full-time members. The 4 ex-officio members will be
Union Ministers Rajnath Singh (Defence), Amit Shah (Home), Shivraj Singh Chouhan (Agriculture) and Nirmala Sitharaman
(Finance). The special invitees will be Union ministers Nitin Gadkari (Road Transport and Highways), Jagat Prakash Nadda
(Health), H.D. Kumaraswamy (Heavy Industries and Steel), Jitan Ram Manjhi (Micro, Small and Medium Enterprises), Rajiv
Ranjan Singh alias Lalan Singh (Fisheries, Animal Husbandry and Dairying), Virendra Kumar (Social Justice and
Empowerment), Kinjarapu Rammohan Naidu (Civil Aviation), Jual Oram (Tribal Affairs), Annpurna Devi (Women and Child
Development), Chirag Paswan (Food Processing Industries) and Rao Inderjit Singh (Statistics and Programme
Implementation). NITI Aayog was constituted in 2015 when the Modi government chose to scrap the 65-year-old Planning
Commission. {Read More}
Smart Points:
• Centre reconstituted NITI Aayog after changes in Council of Ministers, with 4 full-time members & 15 Union Ministers
• Chairperson – PM Modi | Vice-chairperson – Suman K. Bery
• Full-time members – V.K. Saraswat, Ramesh Chand, V.K. Paul & Arvind Virmani
• 4 ex-officio members – Union ministers Rajnath Singh, Amit Shah, Shivraj Singh Chouhan & Nirmala Sitharaman
• Special invitees – Union ministers:
- Nitin Gadkari (Road Transport and Highways)
- Jagat Prakash Nadda (Health)
- H.D. Kumaraswamy (Heavy Industries and Steel)
- Jitan Ram Manjhi (Micro, Small and Medium Enterprises)
- Rajiv Ranjan Singh alias Lalan Singh (Fisheries, Animal Husbandry and Dairying)
- Virendra Kumar (Social Justice and Empowerment)
- Kinjarapu Rammohan Naidu (Civil Aviation)
- Jual Oram (Tribal Affairs)
- Annpurna Devi (Women and Child Development)
- Chirag Paswan (Food Processing Industries)
- Rao Inderjit Singh (Statistics and Programme Implementation)
• NITI Aayog – constituted in 2015 | Replaced – Planning Commission
https:// /#
33. World Health Organization (WHO) introduced an online platform called “Medical Devices
Information System (MeDevIS)”, the 1st global open-access clearing house for information on
medical devices. It is designed to support governments, regulators and users in their decision-
making on the selection, procurement and use of medical devices for diagnostics, testing and
treatment of diseases and health conditions. It includes 2,301 medical device types for a wide
array of health issues, including reproductive, maternal, newborn, and child health, as well as non-communicable and
infectious diseases such as COVID-19. “MeDevIS” will replace paper-based literature search across multiple publications
with non-standard device names which can add to the complexity. Along with providing a single platform, “MedevIS” also
aims to help make the naming of medical devices simpler. “MeDevIS” references 2 international naming systems for medical
devices- European Medical Device Nomenclature (EMDN), mostly used in European countries for registration in the
European database, and the Global Medical Device Nomenclature (GMDN) used in regulatory agencies in Australia, Canada,
the United Kingdom and the USA and other Member States. This is the 1st time the WHO developed such a global repository
on medical devices, based on its experience with the WHO Priority Medical Devices List (MDL), which itself was based on
the experience of creating the WHO Essential Medicines List (EML). Approaching its 50th anniversary in 2025, EML is regarded
as a pillar of public health in countries across the world, supporting health progress and touching billions of lives. {Read
More}
Smart Points:
• WHO – introduced an online platform called “Medical Devices Information System (MeDevIS)”
- 1st global open-access clearing house for information on medical devices
• Includes – 2,301 medical device types
• “MeDevIS” – references 2 international naming systems for medical devices
- European Medical Device Nomenclature (EMDN) & Global Medical Device Nomenclature (GMDN)
• HQs of WHO – Geneva, Switzerland | DG – Tedros Adhanom | Member Countries – 194 | Founded in – 1948
34. The Government of Karnataka and Meta have embarked on a project to empower 1 lakh
teachers and 10 lakh students with the “Digital Nagarik and Augmented Reality/Virtual
Reality (AR-VR) Skills Programme” by 2025. It was launched by the Minister for IT/BT, Priyank
Kharge, in collaboration with the Departments of School Education, Higher Education, and
Technical Education. Karnataka is the first State in India to collaborate with Meta on this
initiative. Under this Programme, 10 lakh students between the ages of 18 and 24 from
different schools and PU colleges across the State will receive digital awareness training. Meta will also train and deploy
master trainers who in turn will train the students in digital safety knowledge and AR-VR skills. The Government of Karnataka
signed a Letter of Intent in November 2023 and entered into a two-year partnership with Meta to promote digital education
and student online user safety. {Read More}
Smart Points:
• Karnataka + Meta = to empower 1 lakh teachers & 10 lakh students with “Digital Nagarik & AR-VR Skills Programme” by
2025
• Launched by – Minister for IT/BT + Departments of School Education, Higher Education & Technical Education
• Karnataka – first State in India to collaborate with Meta on this initiative
• Karnataka + Meta = a Letter of Intent in Nov 2023 to promote digital education & student online user safety
• HQs of Meta – California, US | CEO – Mark Zuckerberg | Founded in – 2004
• Karnataka: Capital – Bangalore | CM – Siddaramaiah | Governor – Thaawarchand Gehlot
https:// /#
35. The Madhya Pradesh government has approved Rs 23.8 crore to implement
the “National e-Vidhan Application (NEVA)”, as part of the Union government’s
“Digital India” initiative. Under the NEVA initiative, 60% of the funding will come
from the Union government, with the remaining 40% covered by the state
government. Additionally, in the educational sector, the cabinet approved
increases in monthly scholarships for students in hostels, ashrams, and
community welfare centers. The scholarship for boys will rise from Rs 1230 to Rs
1550 per month and for girls from Rs 1270 to Rs 1590 per month. The cabinet
also greenlit 7 projects for the “Narmada Valley Development Department”, which will cost Rs 9,271 crore in total.
Furthermore, administrative approval was granted for the “Bokaro Micro Irrigation Project” which will provide irrigation
facilities to 11 villages in the Rampura Naikin tehsil of Sidhi district, covering an area of 3310 hectares. Finally, the cabinet
has approved Rs 217.7 crore for construction works at the Central Jail on Sanwer Road in Indore, aiming to improve the
infrastructure and functioning of the facility. {Read More}
Smart Points:
• MP – approved Rs 23.8 Cr to implement “National e-Vidhan Application (NEVA)”, as part of “Digital India” initiative
• Under NEVA initiative, ratio of Union & state government funding – 60:40
• Scholarship rises per month to: Boys – Rs 1550 (from Rs 1230) | Girls – Rs 1590 (from Rs 1270)
• MP cabinet – approves 7 projects for “Narmada Valley Development Department” | Financial outlay – Rs 9,271 Cr
• “Bokaro Micro Irrigation Project” – to provide irrigation facilities to 11 villages in Rampura Naikin tehsil, Sidhi
• MP cabinet – approved Rs 217.7 Cr for construction works at Central Jail, Sanwer Road, Indore
- Aim: To improve infrastructure & functioning of the facility
36. The Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal received
the first mothership ‘MV San Fernando’ marking the beginning of operation at India’s
First deep water container transhipment port in Vizhinjam, Kerala. The ship, with a
capacity up to 9000 Twenty-foot Equivalent Units (TEUs), docks at India’s first
automated port which is equipped with state of the art that offers large scale
automation for quick turnaround of vessels including capacity to handle megamax containerships. The ship, operated by
Bernhard Schulte Ship Management, Singapore, was hired by Maersk (AP Moller Group). Vizhinjam Port, first greenfield port
project in India, is a strategic maritime project near Thiruvananthapuram in Kerala. It is India’s first semi-automated port
and will be fully operational by September-October 2024. The Kerala government and Adani Group are partners in this
project implemented through the Public Private Partnership (PPP) model. It is the first international deepwater transhipment
port in the Indian subcontinent, with a natural depth of more than 18 metres, scalable up to 20 metres, which is crucial to
allow entry of large vessels and motherships. Currently, 25% of India’s container traffic is transshipped en route to the
destination. {Read More}
Smart Points:
• Sarbananda Sonowal – received the first mothership called ‘MV San Fernando’
• It marked the beginning of operation at India’s & world’s 1st deep water container transhipment port in Vizhinjam, Kerala
• Vizhinjam Port – India’s 1st semi-automated port & 1st greenfield port (Partners = Kerala Govt + Adani Group)
• Ship’s Capacity – 9000 Twenty-foot Equivalent Units (TEUs)
• The ship was operated by – Bernhard Schulte Ship Management, Singapore | Hired by – Maersk (AP Moller Group)
https:// /#
37. Indian Oil Corporation Ltd (IOC), India’s largest oil firm controlling roughly 40% of fuel market share, launched “STORM-
X”, a high-octane racing fuel tailored for racing cars, at the Madras International Circuit during the Indian National Car Racing
Championship. IOC became the first Indian company and only a handful globally to produce fuel used in Formula 1 (F1)
racing. This premium race fuel was developed by the IOC Research & Development Centre, Faridabad, and produced at the
Paradip Refinery. IOC had entered into a partnership agreement with Madras Motor Sports Club (MMSC) to support
motorsports in India. As part of this collaboration, IOC will supply race fuels and lubricants, and provide branding for venues
and vehicles during the Indian National Racing Championships (INRC). F1 currently uses E10 fuel containing 10% renewable
ethanol. The percentage of fuel coming from non-fossil sources, such as alcohol, algae or wastekeeping, is to go up to 40%
in 2024 and 100% sustainable fuel from 2026. IOC has numerous firsts to its name, including launching the country’s first
100-octane fuel, “XP100”, and introducing “Xtragreen diesel”, which offers reduced emissions and improved fuel efficiency.
Its portfolio also includes “Ethanol100” for flex-fuel vehicles and green lubricants with established fuel economy and
reduced CO2 emissions. The regular fuel has an octane number of 87, but premium fuel has an octane number of 91.
Reference grade fuel comes with a 97-octane number. The octane number is a unit to measure the ignition quality of petrol
or diesel. {Read More}
Smart Points:
• IOCL – launched “STORM-X”, a high-octane racing fuel for racing cars | At – Madras International Circuit
• IOCL – became first Indian company & only a handful globally to produce fuel used in Formula 1 (F1) racing
• Developed by – IOC Research & Development Centre, Faridabad | Produced at – Paradip Refinery
• IOCL + Madras Motor Sports Club = to support motorsports in India
• IOCL – supply race fuels & lubricants, and provide branding for venues & vehicles during Indian National Racing
Championships
• IOCL – title sponsor of ‘MotoGP Bharat 2023’
• IOCL + FIM = collaborate for ‘Asia Road Racing Championship’ for supplying “STORM-X” petrol | From 2024-2026
• F1 currently uses E10 fuel containing 10% renewable ethanol
• HQs of IOCL – New Delhi | Chairperson – Shrikant Madhav Vaidya | Founded in – 1959
38. The Indian Space Research Organisation (ISRO) has generated the most detailed map of
‘Adam’s Bridge’, popularly known as ‘Ram Setu’, confirming the submerged ridge as a
“continuity” from Dhanushkodi in India to Talaimannar Island of Sri Lanka. Researchers from
ISRO’s Jodhpur and Hyderabad National Remote Sensing Centres carried out the mapping
exercise with the National Aeronautics and Space Administration (NASA) satellite ‘ICESat-2’
that bounced laser beams off the seafloor to establish that 99.8% of ‘Adam’s Bridge’ was submerged in shallow waters. This
is a first-of-its-kind undersea map, which is 29 meters long and 8 meters above the seabed. The team, led by Giribabu
Dandabathula, discovered a total of 11 narrow channels, with a depth of 2-3 meters, that allow water to flow between the
Gulf of Mannar and Palk Strait. ‘Adam’s Bridge’ is a chain of shoals between Mannar Island, off the northwest coast of Sri
Lanka, and Rameswaram Island, off the southeast coast of India. In the epic Ramayana, this has been described as the ‘Ram
Setu’, constructed by Lord Rama’s Vanara (monkey) army to reach Sri Lanka for a battle with the demon king Ravana to
rescue Rama’s wife Goddess Sita. {Read More}
Smart Points:
• ISRO – generated most detailed map of ‘Adam’s Bridge’, aka ‘Ram Setu’ (first-of-its-kind undersea map)
• It confirmed submerged ridge as a “continuity” from Dhanushkodi (India) to Talaimannar Island (Sri Lanka)
• Mapping exercise was carried out by – NRSCs at Jodhpur & Hyderabad + NASA satellite ‘ICESat-2’
• It established that 99.8% of ‘Adam’s Bridge’ was submerged in shallow waters | It is 29m long & 8m above seabed
https:// /#
• Mapping team: Led by – Giribabu Dandabathula | Discovered – 11 narrow channels (2-3m deep) allowing water to flow
between Gulf of Mannar & Palk Strait
• HQs of ISRO – Bengaluru, Karnataka | Director – S. Somanath | Formed on – August 15, 1969
39. Union Coal and Mines Minister G Kishan Reddy inaugurated the “National Landslide
Forecasting Centre (NLFC)” in Kolkata. The primary aim of the “NLFC” is to integrate, generate
and disseminate daily landslide forecasts for multiple states and to contribute to better landslide
risk assessment and early forecasting. Initially, residents of Kalimpong and Darjeeling in West
Bengal, and Nilgiri in Tamil Nadu will get forecasts about landslides, then the system will be
expanded to all landslide-prone states by 2030. Landslide forecasts will be provided in 2 time scales - short-range (2 days)
and medium-range (7 days). The “NLFC” will operate under the Geological Survey of India (GSI). The GSI completed mapping
4.3 lakh sq km of landslide-prone areas across 19 states and union territories under the “National Landslide Susceptibility
Mapping” programme. The Minister also launched the “Bhusanket” website and the “Bhooskhalan” mobile app. The
“Bhusanket” web portal, through which forecast data will be disseminated, will integrate with the “Bhooskhalan” mobile
app for quick dissemination of daily landslide forecasts and sharing spatial and temporal information on landslide
occurrences. {Read More}
Smart Points:
• G Kishan Reddy (Union Coal & Mines Minister) – inaugurated “National Landslide Forecasting Centre” in Kolkata
• Aim: To integrate, generate & disseminate daily landslide forecasts for multiple states & to contribute to better landslide
risk assessment & early forecasting
• First phase – Kalimpong & Darjeeling (West Bengal) & Nilgiri (Tamil Nadu) | By 2030 – All landslide-prone states
• Landslide forecasts will be provided in 2 time scales – short-range (2 days) & medium-range (7 days)
• GSI – completed mapping 4.3 lakh sq km of landslide-prone areas under “National Landslide Susceptibility Mapping”
programme
• G Kishan Reddy – also launched “Bhusanket” website & “Bhooskhalan” mobile app | NLFC – will operate under GSI
• HQs of GSI – Kolkata, West Bengal | Director General – Janardan Prasad
40. Union Home Minister and Minister of Cooperation Amit Shah chaired the “7th Apex
Level Meeting of the Narco-Coordination Center (NCORD)”. On this occasion, the Minister
launched the National Narcotics Helpline ‘MANAS’ (Madak Padarth Nishedh Asuchna
Kendra); virtually inaugurated the Narcotics Control Bureau (NCB) zonal office at Srinagar
and released NCB ‘Annual Report 2023’ and Compendium on ‘Nasha Mukt Bharat’.
‘MANAS’ will have a toll-free number 1933, a web portal, a mobile app, and a ‘UMANG’
app so that citizens of the country can anonymously connect with NCB 24x7 to seek advice on de-addiction and rehabilitation
and share information on drug trafficking. For capacity-building, the “Centre of Excellence for Narcotics Control” was
founded and “Mission Spandhan” was initiated to create awareness among the public regarding issues relating to drugs. The
NCB, a federal anti-narcotics agency under the Union Home Ministry, now has 30 zonal offices and 7 regional offices. The
‘Annual Report of 2023’ of NCB highlights the efforts and accomplishments of NCB and all other agencies in its ongoing war
against drug trafficking and drug abuse. The report also highlighted that illicit cultivation is to be tackled and to curb this,
NCB along with Bhaskaracharya National Institute for Space Applications and Geo-informatics (BISAG-N) developed a web
portal and mobile app “MAPDRUGS”. {Read More}
https:// /#
Smart Points:
• Amit Shah (Union Home Minister & Minister of Cooperation) – chaired “7th Apex Level Meeting of Narco-Coordination
Center” & also:
- launched National Narcotics Helpline ‘MANAS’ (Madak Padarth Nishedh Asuchna Kendra)
- inaugurated Narcotics Control Bureau (NCB) zonal office at Srinagar
- released NCB ‘Annual Report 2023’ & Compendium on ‘Nasha Mukt Bharat’
• ‘MANAS’ – will have a toll-free number 1933, a web portal, a mobile app & ‘UMANG’ app to connect with NCB 24x7
• “Centre of Excellence for Narcotics Control” was founded & “Mission Spandhan” was initiated – to create awareness
regarding issues relating to drugs
• NCB + BISAG-N = developed a web portal & mobile app “MAPDRUGS” to tackle & curb illicit cultivation
• HQs of NCB – New Delhi | DG – Satya Narayan Pradhan | Founded in – 1986
• Minister of Home Affairs & Cooperation: Amit Shah | Constituency – Gandhinagar, Gujarat
MoS in Ministry of Home Affairs: Nityanand Rai & Bandi Sanjay Kumar
MoS in Ministry of Cooperation: Krishan Pal & Murlidhar Mohol
41. Union Budget 2024-2025 emphasises the government’s commitment to ‘Viksit Bharat’,
or developed India. The Budget outlines 9 key priorities that encompass critical areas from
agriculture to next-generation reforms. These priorities are Productivity and resilience in
agriculture; Employment and Skilling; Inclusive Human Resource Development and Social
Justice; Energy Security; Manufacturing and Services; Innovation, Research and
Development; Infrastructure; Urban Development and Next-generation reforms. The
priority “Inclusive Human Resource Development and Social Justice” outlines several key
initiatives aimed at uplifting marginalized communities and promoting balanced regional
development. The “Purvodaya” initiative aims to transform the region of the eastern states
of Bihar, Jharkhand, West Bengal, Odisha, and Andhra Pradesh into a growth engine for the nation through industrial
development and road connectivity projects. It also includes the development of an industrial node at Gaya along the
‘Amritsar-Kolkata Industrial Corridor’. The government remains committed to fulfilling the commitments made under the
“Andhra Pradesh Reorganization Act” through special financial support (Rs 15,000) for capital development among others.
The Budget allocated more than Rs 3 lakh crore for women-led development. The government has announced the
construction of 3 crore additional houses under the “PM Awas Yojana”, both in rural and urban areas. Socio-economic
development of tribal families in tribal-majority villages and aspirational districts, covering 63,000 villages benefitting 5 crore
tribal people through “Pradhan Mantri Janjatiya Unnat Gram Abhiyan”. The Budget proposed the setting up of more than
100 branches of ‘India Post Payment Bank’ in the North-East region to expand banking services. The Budget provides an
allocation of Rs 2.66 lakh crore for rural development, including rural infrastructure projects. {Read More}
Smart Points:
• Union Budget 2024-2025 – outlines 9 priorities to encompass critical areas from agriculture to next-generation reforms
- Productivity & resilience in agriculture
- Employment & Skilling
- Inclusive Human Resource Development & Social Justice
- Energy Security
- Manufacturing & Services
https:// /#
- Innovation, Research & Development
- Infrastructure
- Urban Development & Next-generation reforms
• “Purvodaya” initiative – aims to transform region of eastern states into a growth engine through industrial development
& road connectivity projects
- Bihar, Jharkhand, West Bengal, Odisha & Andhra Pradesh
- Also includes development of an industrial node at Gaya along ‘Amritsar-Kolkata Industrial Corridor’
• 3 crore additional houses to be constructed – under “PM Awas Yojana”, both in rural & urban areas
• Socio-economic development of tribal families – through “Pradhan Mantri Janjatiya Unnat Gram Abhiyan”
• 100+ branches of ‘India Post Payment Bank’ – in North-East region to expand banking services
• Budget allocation for different sectors include:
- Rs 3 lakh Cr – Women-led development
- Rs 2.66 lakh Cr – Rural development (including rural infrastructure projects)
42. In a written reply in the Lok Sabha, Railway Minister Ashwini Vaishnaw said that Rs
1,112.57 crore is allocated for the installation of ‘Kavach’ (Train Collision Avoidance System)
in the FY2024-25. He also stated that so far ‘Kavach’ has been deployed on 1,465 Route km
and 144 locomotives on South Central Railway. Providing the progress status of the ‘Kavach’
installation on the Delhi-Mumbai and Delhi-Howrah corridors (approximately 3,000 Route
km), he said that Optical Fibre Cable has been laid on 4,275 km and 364 telecom towers
have been installed. He added that ‘Kavach’ equipment has been installed on 285 stations,
319 locos and 1,384 km of rail track. Indian Railways has also prepared a Detailed Project Report (DPR) and Detailed Estimate
on another 6,000 Route km and on July 16, 2024, the ‘Kavach 4.0’ specification was also approved by the Research Design
and Standards Organisation (RDSO). ‘Kavach’ is an indigenously developed Automatic Train Protection (ATP) system which
is highly technology intensive. It aids the loco pilot in the train running within specified speed limits by automatic application
of brakes in case the loco pilot fails to do so and also helps the train to run safely during inclement weather. The system
relies on Radio Frequency Identification (RFID) tags placed on the tracks and station yards to locate trains and determine
their directions. {Read More}
Smart Points:
• Allocation for installing ‘Kavach’ (Train Collision Avoidance System) in FY25 – Rs 1,112.57 Cr
• Kavach – already been deployed on 1,465 km & 144 locomotives on South Central Railway
• Optical Fibre Cable – laid on 4,275 km | 364 telecom towers – installed
• ‘Kavach’ equipment – installed on 285 stations, 319 locos & 1,384 km of rail track
• Kavach – an indigenously developed Automatic Train Protection (ATP) system
• Minister of Railways: Ashwini Vaishnaw | Constituency – Odisha
MoS in Ministry of Railways: V. Somanna & Ravneet Singh
https:// /#
43. Acknowledging the strong multiplier effect of building and improving infrastructure
on the economy, the Union Minister for Finance & Corporate Affairs, Nirmala
Sitharaman while presenting the Budget 2024-2025 announced the provisioning of Rs
11,11,111 crore for capital expenditure. It will be 3.4% of India’s Gross Domestic Product
(GDP). The finance minister said that the government will endeavour to maintain strong
fiscal support for infrastructure over the next 5 years. Notably, allocations for the
Ministry of Railways and the Ministry of Road Transport and Highways also remain
unchanged from the interim budget at Rs 2.55 lakh crore and Rs 2.78 lakh crore each.
The “National Investment and Infrastructure Fund (NIIF)” will receive Rs 1,501 crore
compared to Rs 2,600 crore in the revised estimate for 2023-24. To encourage the states
to provide support of a similar scale for infrastructure, she announced a provision of Rs 1.5 lakh crore for long-term interest-
free loans this year. Speaking about the promotion of private investment in infrastructure, she said that investment in
infrastructure by the private sector will be promoted through viability gap funding and enabling policies and regulations. To
provide all-weather connectivity to 25,000 rural habitations which have become eligible in view of their population increase,
she proposed the launch of Phase IV of “Pradhan Mantri Gram Sadak Yojana (PMGSY)”. She also announced financial support
and assistance for several states like Bihar, Himachal Pradesh, Assam, Sikkim, and Uttarakhand affected by floods, cloud
bursts and landslides. For Bihar, she allocated Rs 11,500 crore for the Kosi-Mechi intra-state link and 20 other ongoing and
new schemes including barrages, river pollution abatement and irrigation projects. {Read More}
Smart Points:
• Union Budget 2024-2025 – announced provisioning of Rs 11,11,111 Cr for capital expenditure (3.4% of India’s GDP)
• Allocations for MoR & MoRT&H – remain unchanged from interim budget at Rs 2.55 lakh Cr & Rs 2.78 lakh Cr
• National Investment & Infrastructure Fund – to receive Rs 1,501 Cr (compared to Rs 2,600 Cr in REs for FY24)
• Phase IV of “Pradhan Mantri Gram Sadak Yojana (PMGSY)” – to be launched
• Finance Minister announced a provision of Rs 1.5 lakh crore for long-term interest-free loans this year
• Minister of Finance & Corporate Affairs: Nirmala Sitharaman | Constituency – Karnataka
MoS in Ministry of Finance: Pankaj Chaudhary
44. The Jharkhand government is working on a plan to open eastern India’s first university
for physically challenged students in the state. The proposed university will offer education
according to the needs of students with disabilities such as special courses and educational
equipment for students, as per the Higher and Technical Education Minister Champai Soren.
The education department also proposed a “Navothan Scholarship Scheme”, under which
the government will reimburse the full course fee (up to a maximum of Rs 10 lakh per year) of meritorious orphan and
physically challenged students of the state. Besides, these students will be given assistance of Rs 48,000 per year for lodging
and food arrangements. Giridih, Sahebganj, Deoghar, Khunti, Gumla and Jamshedpur are the proposed places for the
opening of new universities. {Read More}
Smart Points:
• Jharkhand – to open eastern India’s first university for physically challenged students
• “Navothan Scholarship Scheme” – govt will reimburse full course fee (up to max of Rs 10 lakh per year) of meritorious
orphan & physically challenged students
• Also students will be given assistance of Rs 48,000 per year for lodging & food arrangements
• Proposed places for opening of new universities – Giridih, Sahebganj, Deoghar, Khunti, Gumla & Jamshedpur
• Jharkhand: Capital – Ranchi | CM – Hemant Soren | Governor – C. P. Radhakrishnan
https:// /#
45. Hindustan Zinc, the world’s second-largest integrated zinc producer, has launched “EcoZen”, a new low-carbon ‘green’
zinc brand. EcoZen, which will be Asia’s first low-carbon ‘green’ zinc, has been certified by a global sustainability consulting
firm through a life cycle assessment. Manufactured using renewable energy, the carbon footprint of EcoZen is about 75%
lower than the global average. It has a carbon footprint of less than 1 tonne of carbon equivalent per tonne of zinc produced.
Arun Misra is the CEO of Hindustan Zinc. {Read More}
Smart Points:
• Hindustan Zinc – launched “EcoZen”, a new low-carbon ‘green’ zinc brand | It is Asia’s first low-carbon ‘green’ zinc
• Carbon footprint of EcoZen – less than 1 tonne of carbon equivalent per tonne of zinc produced (75% lower than global
average)
• HQs of Hindustan Zinc Limited – Udaipur, Rajasthan | CEO – Arun Misra
46. H.D. Kumaraswamy, Union Minister of Steel and Heavy Industries, launched “SIMS 2.0”,
the upgraded Steel Import Monitoring System. “SIMS”, introduced in 2019, has played a crucial
role in providing detailed steel import data to the domestic industry. “SIMS 2.0” features API
integration with multiple government portals, enhancing quality control and streamlining
processes for improved efficiency and effectiveness. The portal boasts a robust data entry
system, ensuring consistent and authentic data, which promotes transparency and accountability. Integration of various
databases enables stakeholders to locate areas of risk and, thereby, permit better risk management, e.g., if an import
consignment declares a particular source of import, which is not licensed by the Bureau of Indian Standards (BIS), then the
Ministry will be enabled to not recommend its import. The detailed data will enable Customs to conduct better analysis and
risk management of steel imports. The development of “SIMS 2.0” is a collaborative effort, with contributions from the
Ministry of Commerce and Industry’s Directorate General of Foreign Trade (DGFT), BIS, and Metal Scrap Trade Corporation
(MSTC), a central public sector enterprise (CPSE) under the Ministry of Steel. While maintaining its position as the 2nd largest
steel producer globally, India’s finished steel imports remained significant at around 8 million tonnes in 2023-24. The
Minister also released the second volume of the book “Safety Guidelines for Iron of Steel Sector” containing the guidelines
for 16 different processes being used by the iron & steel sector. It extends the work of the Steel Ministry of publishing 25
safety guidelines in 2020 covering specific risks. {Read More}
Smart Points:
• H.D. Kumaraswamy, Minister of S&HI – launched “SIMS 2.0”, upgraded Steel Import Monitoring System
• SIMS – introduced in 2019 | It will enable Customs to conduct better analysis & risk management of steel imports
• Developed by = DGFT (MoCI) + BIS + MSTC (MoS)
• India’s finished steel imports – remained at 8 million tonnes in 2023-24 | India – 2nd largest steel producer globally
• H.D. Kumaraswamy – released 2nd volume of book “Safety Guidelines for Iron of Steel Sector”
- containing guidelines for 16 different processes being used by iron & steel sector
• Minister of Steel & Heavy Industries: H. D. Kumaraswamy | Constituency – Mandaya, Karnataka
MoS in Ministry of Heavy Industries: Bhupathi Raju Srinivasa Varma
MoS in Ministry of Steel: Bhupathi Raju Srinivasa Varma
https:// /#
47. Union Minister of Information and Broadcasting (I&B) Ashwini Vaishnaw inaugurated India’s
“500th Community Radio Station”. The station ‘Apna Radio 90.0 FM’ is a station run by the Indian
Institute of Mass Communication, Aizawl. Mizoram is primarily an agrarian state due to its
significant agricultural potential. Establishing a community radio station for the farmer
community would be highly beneficial, providing them with daily weather updates, government
schemes and agriculture-related information. This launch is a significant milestone in the
Government’s policy of “Act East”. The minister also announced the winners of the 10th National Community Radio Awards
in 4 categories namely Thematic Award; Most Innovative Community Engagement Award; Promoting Local Culture Award
and Sustainability Model Award. The ministry instituted the National Community Radio Awards in the year 2011-12 to
encourage innovation and healthy competition among Community Radio Stations (CRS). National Community Radio Awards
are generally conferred every year. {Read More}
Smart Points:
• Ashwini Vaishnaw, Minister of I&B – inaugurated India’s “500th Community Radio Station,” Apna Radio 90.0 FM
• It is run by – Indian Institute of Mass Communication, Aizawl
• Ashwini Vaishnaw – also announced winners of 10th National Community Radio Awards in 4 categories
- Thematic Award | Most Innovative Community Engagement Award
- Promoting Local Culture Award | Sustainability Model Award
• Ministry instituted – National Community Radio Awards in 2011-12 to encourage innovation & healthy competition
among Community Radio Stations
• Minister of Information & Broadcasting: Ashwini Vaishnaw | Constituency – Odisha
MoS in Ministry of Information & Broadcasting: Dr. L. Murugan
48. A high-level committee, headed by Union Home Minister Amit Shah, approved several
disaster mitigation and capacity-building projects for various states that include combating
urban flooding and checking glacial lake outburst floods. Among the proposals approved
include 6 projects in Telangana, Gujarat, Karnataka, West Bengal and Maharashtra at a total
cost of Rs 2514.36 crore for urban floor management. The 6 cities where the funds will be
spent are Mumbai, Kolkata, Bengaluru, Hyderabad, Ahmedabad and Pune. The committee
gave its nod to 9 proposals for funding from the National Disaster Mitigation Fund (NDMF) and National Disaster Response
Fund (NDRF). The 3 project proposals were approved under the scheme for “Expansion and Modernization of Fire Services”
in the states of Assam, Karnataka and Tamil Nadu for a total outlay of Rs 810.64 crore. In addition, the committee also
approved a project proposal for Glacial Lake Outburst Flood risk mitigation for the states of Himachal Pradesh, Uttarakhand,
Sikkim and Arunachal Pradesh at a total outlay of Rs 150 crore. The committee also approved a proposal for the “Yuva Aapda
Mitra Scheme (YAMS)” at an outlay of Rs 470.50 crore from NDRF, which will be implemented in 315 most disaster-prone
districts of the country for training of 1300 trained Aapda Mitra Volunteers as Master Trainers and 2.37 lakh volunteers in
disaster preparedness and response. During the current financial year, the Central Government released Rs 6348 crores to
14 states under the State Disaster Response Fund (SDRF) and Rs 672 crores to 6 states under the State Disaster Mitigation
Fund (SDMF). In addition, an amount of Rs 4265 crore has been released to 10 states under the NDRF. {Read More}
Smart Points:
• High-level committee – approved several disaster mitigation & capacity-building projects for various states
- Include combating urban flooding & checking glacial lake outburst floods | Headed by – Amit Shah, Home Minister
• It include 6 projects for urban floor management | Total cost – Rs 2514.36 Cr
- In – Hyderabad (Telangana), Ahmedabad (Gujarat), Bengaluru (Karnataka), Kolkata (WB) and Mumbai & Pune (MH)
https:// /#
• 9 proposals for – funding from National Disaster Mitigation Fund (NDMF) & National Disaster Response Fund (NDRF)
• 3 project – approved under scheme for “Expansion & Modernization of Fire Services” in Assam, Karnataka & Tamil Nadu
- Total outlay – Rs 810.64 Cr
• Glacial Lake Outburst Flood risk mitigation – for Himachal Pradesh, Uttarakhand, Sikkim & Arunachal Pradesh
- Total outlay – Rs 150 Cr
• Yuva Aapda Mitra Scheme – to be implemented in 315 most disaster-prone districts
- For training of 1300 Aapda Mitra Volunteers as Master Trainers & 2.37 lakh volunteers in disaster preparedness &
response
- Outlay – Rs 470.50 Cr from NDRF
• Centre released fund in FY25: Rs 6348 Cr – to 14 states under SDRF | Rs 672 Cr – to 6 states under SDMF
- Rs 4265 Cr – to 10 states under NDRF
49. Union Minister for Environment, Forest and Climate Change, Bhupender Yadav, has launched “Ideas4LiFE” portal at IIT
Delhi for inviting ideas related to products and services, which induce behavioral changes related to environment-friendly
lifestyles. MoEFCC in collaboration with UNICEF YuWaah has developed a comprehensive Ideas4LiFE portal for submission
of innovative ideas, its management, and further processing of entries. The portal ‘Ideas4Life.nic.in’ will allow participants
to submit their ideas and innovations online. The winning ideas under each of the 7 themes of Mission LiFE will be recognized
and awarded with attractive prizes for individuals as well as for institutions. On this occasion, the minister also planted a
sapling at IIT Delhi campus under a nationwide call by Prime Minister’s ‘Ek Ped Maa Ke Naam’ or ‘Plant4Mother’ movement.
UGC, AICTE, IITs and Educational Institutions across the country would be instrumental in spreading the call for ‘Ideas4LiFE’
Ideathon across the students, researchers and academic fraternity. The Ideas4LiFE Ideathon covers 7 themes of Mission LiFE
- Save Water, Save Energy, Reduce Waste, Reduce E-Waste, Say No to Single-Use Plastics, Adopt Sustainable Food Systems,
and Adopt Healthy Lifestyles. UNICEF has been an active partner in the implementation of Mission LiFE. {Read More}
Smart Points:
• Bhupender Yadav (Union Min. of EF&CC) – launched “Ideas4LiFE” portal at IIT Delhi
• For inviting ideas related to products & services to induce behavioral changes related to environment-friendly lifestyles
• Developed by – MoEFCC + UNICEF YuWaah
• Winning ideas under each of 7 themes of Mission LiFE – to be recognized & awarded with attractive prizes
- Save Water | Save Energy | Reduce Waste | Reduce E-Waste
- Say No to Single-Use Plastics | Adopt Sustainable Food Systems | Adopt Healthy Lifestyles
• HQs of UNICEF – New York, US | Executive Director – Catherine Russell | Established in – 1946
• Minister of Environment, Forest & Climate Change: Bhupender Yadav | Constituency – Alwar, Rajasthan
MoS in Ministry of Environment, Forest & Climate Change: Kirtivardhan Singh
50. Indian Coast Guard (ICG) has launched “Suvidha Software Version 1.0” during its maiden ‘Annual Operational Sea
Training Conference’ at Visakhapatnam, Andhra Pradesh. This software is a cutting-edge tool designed to enhance training
protocols and ensure consistency across all ICG platforms. The conference saw active participation from senior officers from
various ICG regions, underlining the need for a unified approach to complex operations. {Read More}
Smart Points:
• ICG – launched “Suvidha Software Version 1.0” during ‘Annual Operational Sea Training Conference’ at Visakhapatnam
https:// /#
• It is designed to enhance training protocols & ensure consistency across all ICG platforms
• HQs of ICG – New Delhi | DG – Rakesh Pal | Founded in – 1977
International Affairs
51. Belarus as joined the Shanghai Cooperation Organisation (SCO) as its 10th member during the 24th
the SCO Council of Heads of State (SCO Summit) held in Astana, Kazakhstan, under theme of
“Strengthening Multilateral Dialogue- Striving for Sustainable Peace and Development”. Apart from
Belarus, the bloc includes India, China, Russia, Pakistan, Iran, Kazakhstan, Kyrgyzstan, Tajikistan and
Uzbekistan. The SCO was founded at a summit in Shanghai in 2001 by the Presidents of Russia, China, the Kyrgyz Republic,
Kazakhstan, Tajikistan and Uzbekistan. Kazakhstan is hosting the summit in its capacity as the current chair of the grouping.
India is being represented by External Affairs Minister S Jaishankar as PM Narendra Modi has skipped the summit this time.
India’s association with the SCO began in 2005 as an observer country. It became a full member state of SCO, along with
Pakistan, at the Astana summit in 2017. Iran was the 9th member to join SCO in July 2023. {Read more}
Smart Points:
• 24th SCO Summit – held in Astana, Kazakhstan
• Theme – “Strengthening Multilateral Dialogue- Striving for Sustainable Peace and Development”
• Belarus – joined the Shanghai Cooperation Organisation (SCO) as its 10th member (9th member - Iran)
• India became full member state of SCO in 2017 (along with Pakistan) | India joined SCO in 2005 as an Observer State
• HQs of SCO – Beijing, China | SG – Zhang Ming | Present Member Countries – 10 | Current Presidency – Kazakhstan
4 Observer States of SCO – Iran, Belarus, Afghanistan & Mongolia
6 Dialogue Partners of SCO – Armenia, Azerbaijan, Cambodia, Nepal, Sri Lanka & Turkey
52. Denmark, a major pork and dairy exporter, has announced to introduce a tax on livestock carbon dioxide (CO2) emissions
from 2030, making it the world’s first country to do so. The deal proposed taxing farmers 300 Danish crowns ($43.16) per
tonne of CO2 in 2030, increasing to 750 crowns by 2035. In June, New Zealand scrapped plans to introduce a similar tax after
facing criticism from farmers. {Read more}
Smart Points:
• Denmark – world’s first country to announce a tax on livestock carbon dioxide (CO2) emissions from 2030
• It proposed taxing farmers 300 Danish crowns ($43.16) per tonne of CO2 in 2030 (750 crowns by 2035)
• New Zealand – scrapped plans to introduce a similar tax after facing criticism from farmers in June 2024
• Denmark – Copenhagen – Danish krone | PM – Mette Frederiksen
53. Japan issued its first new banknotes in two decades, incorporating cutting-
edge 3D hologram technology to fight counterfeiting. The historic release
includes the 10,000 yen, 5,000 yen and 1,000 yen bills. The backs of each of the
notes feature Tokyo Station, wisteria flowers and ukiyo-e artist Katsushika
Hokusai’s Mount Fuji, respectively. With this, Japan becomes the first country to
utilise holography that creates a 3D rotating effect on the portraits, significantly
elevating the notes’ security features. The ¥10,000 note will feature Eiichi
Shibusawa (1840-1931), known as the “Father of Japanese Capitalism.” The ¥5,000 note will feature Umeko Tsuda (1864-
1929), a pioneering educator & feminist. The ¥1,000 note will honour Shibasaburo Kitasato (1853-1931), a celebrated
bacteriologist. {Read more}
https:// /#
Smart Points:
• Japan – issued its first new banknotes in two decades, incorporating 3D hologram technology to fight counterfeiting
• It includes the 10,000 yen, 5,000 yen & 1,000 yen bills
• Fronts of the note features the following info:
- ¥10,000 – Eiichi Shibusawa (1840-1931), known as the “Father of Japanese Capitalism”
- ¥5,000 – Umeko Tsuda (1864-1929), a pioneering Educator & Feminist
- ¥1,000 – honour Shibasaburo Kitasato (1853-1931), a celebrated Bacteriologist
• Backs of notes feature – Tokyo Station, wisteria flowers & ukiyo-e artist Katsushika Hokusai’s Mount Fuji, respectively
• With this, Japan became the 1st country to utilise holography to create a 3D rotating effect on portraits
• Japan – Tokyo – Yen | PM – Fumio Kishida
54. Hungary takes over the European Union’s (EU) rotating presidency on July 1, 2024, for 6
months (July-Dec 2024), from Belgium. Hungary’s EU presidency is led by Prime Minister Viktor
Orbán. “Make Europe Great Again” is the motto/slogan of Hungary’s EU Presidency. This is the 2nd
time Hungary is assuming the EU presidency. In January 2025, Hungary will hand over the
Presidency to Poland. {Read more}
Smart Points:
• Hungary – takes over EU’s rotating presidency for 6 months (July-Dec 2024) on July 1, 2024 | From – Belgium
• Motto/slogan of Hungary’s EU Presidency – “Make Europe Great Again” | It will be led by – PM Viktor Orbán
• Hungary – assuming EU presidency for 2nd time | Hungary will hand over Presidency to Poland in Jan 2025
• HQs of EU – Brussels, Belgium | Member Countries – 27
President of European Parliament – Roberta Metsola
President of European Council – António Costa
President of European Commission – Ursula von der Leyen
55. The United Nations Educational, Scientific and Cultural Organisation (UNESCO) has approved the designation of 11 new
biosphere reserves in 11 countries, including Belgium and Gambia for the first time and two transboundary biosphere
reserves. The other new biosphere reserves are located in Colombia, Dominican Republic, Italy, Mongolia, Netherlands,
Philippines, South Korea, Slovenia and Spain. The World Network of Biosphere Reserves now totals 759 sites in 136
countries. These additions were decided during the 36th Session of the International Co-ordinating Council, the governing
body of UNESCO’s Man and the Biosphere programme, which is composed of 34 representatives of UNESCO Member States.
The Council held its session in Agadir, Morocco. The 11 newly designated biosphere reserves are mentioned below. {Read
More}
Smart Points:
• UNESCO – approved designation of 11 new biosphere reserves in 11 countries, including 2 transboundary reserves
• World Network of Biosphere Reserves – now totals 759 sites in 136 countries
• UNESCO’s Man & Biosphere programme – composed of 34 representatives of UNESCO Member States
• 36th Session of the International Co-ordinating Council – held in Agadir, Morocco
• 11 newly designated Biosphere Reserves:
- Kempen-Broek Transboundary Biosphere Reserve (Belgium & Netherlands)
https:// /#
- Darién Norte Chocoano Biosphere Reserve (Colombia)
- Madre de las Aguas Biosphere Reserve (Dominican Republic)
- Niumi Biosphere Reserve (Gambia)
- Colli Euganei Biosphere Reserve (Italy)
- Julian Alps Transboundary Biosphere Reserve (Italy, Slovenia)
- Khar Us Lake Biosphere Reserve (Mongolia)
- Apayaos Biosphere Reserve (Philippines)
- Changnyeong Biosphere Reserve (South Korea)
- Val d’Aran Biosphere Reserve (Spain)
- Irati Biosphere Reserve (Spain)
• HQs of UNESCO – Paris, France | DG – Audrey Azoulay | Founded in – 1945 | Members – 194 Countries
56. SEVENTEEN group is appointed as UNESCO’s first-ever Goodwill Ambassador for Youth, becoming the first K-pop artist
to achieve this feat. SEVENTEEN group attended UNESCO’s nomination ceremony at its headquarters in Paris, France. The
SEVENTEEN, a South Korean boy band formed by Pledis Entertainment, consists of 13 members. During the speech, Joshua,
one of the members, revealed that SEVENTEEN would be donating $1 million to UNESCO to help the youth. {Read More}
Smart Points:
• SEVENTEEN group – appointed as UNESCO’s first-ever Goodwill Ambassador for Youth
- became first K-pop artist to achieve this feat
• SEVENTEEN – a South Korean boy band formed by Pledis Entertainment & consists 13 members
- It will donate $1 million to UNESCO to help youth
57. South Korea, the US and Japan began their first trilateral multi-domain exercise. The 3-day exercise, named “Freedom
Edge”, got underway in South Korea’s southern island of Jeju. The exercise comes amid efforts to deepen security
cooperation against threats from North Korea by its deepening ties with Russia. The exercise will focus on ballistic missile
defence, air defence, antisubmarine warfare, search and rescue, maritime interdiction and defensive cyber training. {Read
More}
Smart Points:
• South Korea + US + Japan = began their first trilateral multi-domain 3-day exercise, “Freedom Edge”
• Location – southern island of Jeju, South Korea
• Aim: To deepen security cooperation against threats from North Korea by its deepening ties with Russia
• South Korea – Seoul – Korean Republic won | President – Yoon Suk-yeol
• US – Washington, D.C. – US Dollar | 46th President – Joe Biden | 49th VP – Kamala Harris
https:// /#
58. The United Nations (UN) Secretary-General Antonio Guterres has unveiled a set of principles titled the “United Nations
Global Principles for Information Integrity” to curb the spread of online misinformation, disinformation, hate speech and
harm caused by false information on digital platforms. The five core principles are ‘Societal trust and resilience’;
‘Independent, free, and pluralistic media’; ‘Healthy incentives’; ‘Transparency and research’, and ‘Public empowerment’.
These principles form the foundation of a vision for a more humane information ecosystem. The principles aimed to
prioritise human rights and support sustainable development, climate action, democracy, and peace. The seeds for the
“Global Principles for Information Integrity” were sown in the 2021 UN Report “Our Common Agenda”, which envisioned
future global cooperation and multilateral action. These principles will serve as a vital resource for Member States ahead of
the upcoming ‘Summit of the Future’ in September 2024. {Read More}
Smart Points:
• Antonio Guterres – unveiled a set of principles, “United Nations Global Principles for Information Integrity”
• Aim: To curb spread of online misinfo., disinfo., hate speech & harm caused by false info. on digital platforms
• 5 core principles: Societal trust & resilience; Independent, free & pluralistic media; Healthy incentives; Transparency &
research, and Public empowerment
- Aim: To prioritise human rights & support sustainable development, climate action, democracy & peace
• ‘Summit of the Future’ – to be held in Sep 2024
• HQs of UN – New York, US | Secretary-General – Antonio Guterres | Established in – October 24, 1945
59. South Korea’s Defence Acquisition Programme Administration (DAPA) and the North
Atlantic Treaty Organisation’s (NATO) Aviation Committee signed an agreement on a mutual
recognition for military airworthiness certification which ensures the safety and
airworthiness of all air assets used by NATO Allied countries and partners. This marks NATO’s
first such deal with an Asian country. This NATO recognition implies that domestically
produced aircraft certified by DAPA meet international flight safety standards. It also highlights the global recognition of
South Korea’s aviation technology and certification capabilities. While South Korea has signed agreements with the United
States, Spain, France and Poland, the new deal with NATO is expected to shorten the time required for mutual recognition
with other NATO members. {Read More}
Smart Points:
• DAPA (South Korea) + NATO = an agreement on a mutual recognition for military airworthiness certification
- Aim: To ensure safety & airworthiness of all air assets used by NATO Allied countries & partners
- This marks NATO’s first such deal with an Asian country
• HQs of NATO – Brussels, Belgium | Secretary General – Jens Stoltenberg (Mark Rutte from Oct’24) | Members – 32 |
Founded in – 1949
60. The Financial Action Task Force (FATF), the international body in charge of coordinating and assessing policies to fight
money laundering and terrorism financing, has removed Turkey from its ‘Grey List’ of jurisdictions under special scrutiny.
Turkey was placed on the FATF grey list in 2021 due to concerns about money laundering and terrorist financing in the
country. At present (June 2024), there are 21 countries mentioned on FATF’s ‘Grey List’, while only North Korea, Iran and
Myanmar are mentioned in the FATF’s ‘Black List’. The FATF Plenary meets 3 times a year. The 6th and final Plenary of the
FATF was held in Singapore in June 2024 under the Presidency of T. Raja Kumar of Singapore. {Read More}
Smart Points:
• 6th & final Plenary of the FATF – held in Singapore (under the Presidency of T. Raja Kumar)
• FATF – removed Turkey from its ‘Grey List’ | Placed in – 2021
https:// /#
• Currently 21 countries are in ‘Grey List’ | 3 Countries in ‘Black List’ – North Korea, Iran & Myanmar (Full List)
• HQs of FATF – Paris, France | President – Elisa de Anda Madrazo | Established – July 1989
61. India’s PM Narendra Modi and Russian President Vladimir Putin have set a bilateral
trade target of $100 billion dollars by 2030, during the 22nd Annual Summit in Moscow,
Russia. This was their first meeting since the war in Ukraine began two years ago. In
addition, India and Russia signed a number of MoUs between institutions on climate
change, polar research, legal arbitration and pharmaceutical certification and other
issues. The bilateral trade between the two countries currently stands at around $65
billion. Mr. Putin pointed out that Russia-India trade grew by 66% last year and 20% just in the first quarter of 2024. {Read
More}
Smart Points:
• 22nd Annual Summit – held in Moscow, Russia (first meeting since the war in Ukraine)
• PM Modi + Vladimir Putin = set a bilateral trade target of $100 billion dollars by 2030 (currently stands at $65 billion)
• India + Russia = signed various MoUs on climate change, polar research, legal arbitration & pharmaceutical certification
• Russia-India trade – grew by 66% last year and 20% just in the first quarter of 2024
• Russia – Moscow – Russian Ruble | PM – Mikhail Mishustin | President – Vladimir Putin
62. The North Atlantic Treaty Organization (NATO) signed a nearly $700 million
contract to have member countries produce more “Stinger” missiles, during its summit
in Washington to get each country to boost its own weapons production capabilities.
The “Stinger” is a portable surface-to-air defence system that can be carried and fired
by troops or mounted to a vehicle and used as a short-range defence against aircraft.
The Raytheon-produced system was one of the first weapons the United States (US)
shipped to Ukraine following Russia’s 2022 invasion. The war also spurred NATO members to increase the amount they
spent on defence. Out of 32 NATO members, 23 are expected to meet the 2% commitment this year, up from just 6 before
Russia’s invasion of Ukraine. The NATO summit was held against a backdrop of uncertainty: US political divisions delayed
weapons for Ukraine for months and the upcoming presidential election is raising concern that US backing with weapons
and troops in case of threats against member countries may not always be guaranteed. Since the invasion, the US has
provided more than $53.6 billion in weapons and security assistance to Ukraine. This support, at a time when the US also is
sending weapons to Israel and Taiwan, has strained the US stockpile. The rest of the NATO members and other international
partners have provided about $50 billion altogether in weapons and security assistance. {Read More}
Smart Points:
• NATO – signed $700 million contract to have member countries produce more “Stinger” missiles
• “Stinger” – portable surface-to-air defence system
• Out of 32 NATO members, 23 are expected to meet 2% commitment this year for defence spending
• HQs of NATO – Brussels, Belgium | SG – Jens Stoltenberg (Mark Rutte from Oct’24) | Members – 32 | Founded in –
1949
https:// /#
63. Azerbaijan, the host of the 29th Conference of the Parties (COP 29) of the United Nations
Framework Convention on Climate Change (UNFCCC) climate summit, announced a “Climate
Finance Action Fund (CFAF)” to be raised from fossil fuel-producing countries and companies.
The CFAF aims to mobilize both public and private sectors, with Azerbaijan as the founding
contributor. It plans to attract $1 billion and secure at least 10 contributing countries. As per
the plan, 50% of the CFAF will be directed towards climate projects in developing countries for the promotion of the adoption
of clean energy technologies and improved energy efficiency. Another 50% will be allocated to helping member nations
meet the Nationally Determined Contributions (NDCs) to keep the 1.5C temperature target within reach. The CFAF would
dedicate 20% of the revenues generated from investments to a ‘Rapid Response Funding Facility (2R2F)’ to help the most
vulnerable countries respond to climate disasters. The fund will be headquartered with its secretariat in Baku, its board of
directors will include representatives from contributors, and an independent audit committee will publish quarterly data
including financial reports and project evaluations. There are already some funds under the UN financial mechanism. These
are the ‘Global Environment Facility (GEF)’, the ‘Green Climate Fund (GCF)’, the ‘Special Climate Change Fund (SCCF)’, the
‘Least Developed Countries Fund (LDCF)’, the ‘Adaptation Fund (AF)’ and ‘ALTÉRRA’ by the UAE. The COP29 will take place
from 11 to 22 November 2024 at the Baku Stadium, Azerbaijan. {Read More}
Smart Points:
• Azerbaijan – announced a ‘Climate Finance Action Fund (CFAF)’ to be raised from fossil fuel producing countries &
companies to support green projects in developing countries
• Azerbaijan – host of COP29 climate summit | To be held in – Baku, Azerbaijan (Nov 11-22, 2024)
• Aim: To help member nations keep within reach the 1.5C temperature target
• CFAF – a PPP fund, mobilising private sector & de-risking investment | Aims to attract – $1 bn
- 50% of the CFAF will be directed towards climate projects in developing countries
- Another 50% will be allocated to helping member nations meet the NDCS
• CFAF would dedicate 20% of the revenues generated from investments to a ‘Rapid Response Funding Facility (2R2F)’
• Aim: To help the most vulnerable countries respond to climate disasters
64. India has taken over as the Chair of Asian Disaster Preparedness Centre (ADPC), an
autonomous international organisation for cooperation in and implementation of disaster
risk reduction and building climate resilience in Asia and the Pacific region, for 2024-25. As
per the Union Home Ministry, Rajendra Singh, Member & HoD of National Disaster
Management Authority (NDMA) has taken over as the Chair of ADPC from China for the year
2024-25 in Bangkok, Thailand. India and 8 neighbouring countries viz. Bangladesh,
Cambodia, China, Nepal, Pakistan, Philippines, Sri Lanka and Thailand are the founding members of ADPC. India also chaired
the 5th Board of Trustee (BoT) meeting of ADPC held on July 25, 2024 in Bangkok, Thailand. India is playing a global and
regional leadership role in the field of Disaster Risk Reduction (DRR). India has taken a number of global initiatives in this
direction, especially that of establishing an international Coalition for Disaster Resilient Infrastructure (CDRI). {Read More}
Smart Points:
• India – taken over as Chair of Asian Disaster Preparedness Centre (ADPC) from China for 2024-25
• Rajendra Singh, Member & HoD of NDMA – taken over as Chair of ADPC in Bangkok, Thailand
• ADPC members – Bangladesh, Cambodia, China, India, Nepal, Pakistan, Philippines, Sri Lanka & Thailand
• India – chaired 5th Board of Trustee (BoT) meeting of ADPC | Held on – July 25, 2024 | In – Bangkok, Thailand
• HQs of ADPC – Bangkok, Thailand | Executive Director – Hans Guttman | Established in – 1986 | Members – 9
https:// /#
65. India is planning to enter into a “Carbon Trading and Carbon Credit Adjustment Mechanism” with
Japan. The two countries will sign a Memorandum of Cooperation (MoC) for setting up a Joint
Crediting Mechanism (JCM) with emission reduction credits being shared. Under the mechanism,
carbon credits will be allocated through a structured process and there will be a registry to track these
credits. Projects will be taken up only when they are cleared through a Joint Committee, and both
governments will notify these credits issued based on the submitted reports. The JCM will be formed
under Article 6.2 of the Paris Agreement. The MoC (draft) also mentions that Japan will facilitate the transfer of tech, finance
and capacity building in respect of new technologies for the joint crediting mechanism. {Read More}
Smart Points:
• India & Japan – to enter into a “Carbon Trading & Carbon Credit Adjustment Mechanism”
• India + Japan = an MoC for setting up a Joint Crediting Mechanism (JCM) with emission reduction credits being shared
• Carbon credits will be allocated through a structured process & there will be a registry to track these credits
66. The Kerala government has issued special guidelines for the treatment of “amoebic meningoencephalitis”, marking the
first such initiative in the country. This is a rare brain infection, caused by free-living amoeba present in contaminated waters,
and has recently claimed several lives in Kerala. A technical guideline is released aimed at preventing, diagnosing, and
treating this condition. To further advance the understanding of amoebic meningoencephalitis, a panel will be established
in collaboration with the Indian Council of Medical Research (ICMR). This panel will focus on conducting additional studies
and research related to the disease. {Read More}
Smart Points:
• Kerala – issued special guidelines for treatment of “amoebic meningoencephalitis”, marking first such initiative in India
• Amoebic meningoencephalitis – rare brain infection | Caused by – free-living amoeba present in contaminated waters
• Aim: To prevent, diagnose & treat this condition
• A panel will also be established for further understanding of this disease with ICMR
67. Amid the ongoing conflict in Gaza, the ancient heritage site of Saint Hilarion Monastery
or Tell Umm Amer in Palestine has received the status in UNESCO World Heritage Site List
and was simultaneously put on the List of World Heritage in Danger after an ‘emergency
nomination’. It is one of the oldest sites in the Middle East, was founded by Saint Hilarion
and was home to the first monastic community in the Holy Land. The announcement was
made during the ongoing 46th Session of the World Heritage Committee (WHC) in Delhi. India is hosting the key UNESCO
event for the first time. The 46th session of WHC inscribed 26 new World Heritage Sites viz. 19 cultural, 4 natural, and 1
mixed property and 2 Significant modifications to existing boundaries. Moreover, PM Narendra Modi announced a $1 million
grant to the UNESCO World Heritage Centre. {Read More}
Smart Points:
• 46th Session of the World Heritage Committee (WHC) in – held Delhi, India (for the first time)
• Saint Hilarion Monastery (Tell Umm Amer) in Palestine – received the status in ‘UNESCO World Heritage Site List’ & in
the ‘List of World Heritage in Danger’
• In total, 26 new World Heritage Sites were inscribed:
- 19 cultural, 4 natural, and 1 mixed property & 2 Significant modifications to existing boundaries
• PM Narendra Modi announced a $1 million grant to the UNESCO World Heritage Centre
https:// /#
68. Bolivia has become the full-time member of MERCOSUR (Southern Common Market)
grouping in order to increase trades with member countries. This status allows for partial
integration and participation in some of the bloc’s activities but does not confer full membership
rights and obligations. MERCOSUR is an economic and political bloc, created in 1991. It originally
comprised Argentina, Brazil, Paraguay, and Uruguay. {Read More}
Smart Points:
• Bolivia – became full-time member of MERCOSUR (Southern Common Market) grouping
• MERCOSUR – economic & political bloc | Created in – 1991 | Original members – Argentina, Brazil, Paraguay & Uruguay
• Bolivia – La Paz/Sucre – Bolivian Boliviano | President – Luis Arce Catacora
Banking, Finance, Insurance & Economic Affairs

69. Union Bank of India has launched “Union Premier” branches for high-value customers in rural and semi-urban (RUSU)
markets. Designed to provide personalized banking services, these branches will offer a wide range of products and services
under one roof for high-value customers in RUSU markets. Each Union Premier customer will have access to a personal
Relationship Manager to address all their banking needs. These exclusive branches are equipped with the latest digital
technologies, ensuring seamless and efficient banking. {Read more}
Smart Points:
• UBI – launched “Union Premier” branches for high-value customers in Rural and Semi-Urban (RUSU) markets
• Each Union Premier customer will have access to a personal Relationship Manager to address all their banking needs
• HQs of UBI – Mumbai, Maharashtra | CEO – A. Manimekhalai | Tagline – “Good People to Bank With”
70 Caller identification app, Truecaller, has collaborated with general insurance company, HDFC ERGO, for a new product
that aims to safeguard subscribers against digital communication frauds in India. The product will provide coverage up to Rs
10,000 to Android and iOS users across India. The product is available to yearly premium subscribers of Truecaller. A recent
report by the Indian Cyber Crime Coordination Centre (I4C) revealed that digital financial frauds accounted for a staggering
Rs 1.25 lakh crore over the last 3 years. {Read more}
Smart Points:
• Truecaller + HDFC ERGO = collaboration for a new product that aims to safeguard subscribers against digital
communication frauds in India
• The product will provide coverage up to Rs 10,000 to Android and iOS users across India
• According to I4C: Digital financial frauds accounted for a staggering Rs 1.25 lakh crore over the last 3 years
• HQs of Truecaller – Stockholm, Sweden | CEO & Co-Founder – Alan Mamedi
• HQs of HDFC ERGO General Insurance – Mumbai, Maharashtra | MD & CEO – Anuj Tyagi | Founded in – 2002
https:// /#
71. Securities and Exchange Board of India (SEBI) has increased the threshold for the basic service demat account to Rs 10
lakh from the current Rs 2 lakh to boost participation of small investors in the securities market. The new guidelines will
come into force from September 1, 2024. Increasing the limit of securities’ value held in the Basic Services Demat Account
(BSDA) will encourage small investors to trade in the stock market and ensure their financial inclusion. BSDA is a more basic
version of a regular demat account. The facility was introduced by SEBI in 2012 to reduce the burden of demat charges on
investors with small portfolios. For portfolio values up to Rs 4 lakh, SEBI said that the annual maintenance charge for a BDSA
would be nil and for portfolio values of above Rs 4 lakh and up to Rs 10 lakh, the charges would be Rs 100. However, if
portfolio value exceeds Rs 10 lakh then BDSA should automatically be converted into a regular demat account. {Read more}
Smart Points:
• SEBI – increased threshold for Basic Service Demat Account (BSDA) to Rs 10 lakh (from Rs 2 lakh) | Effective from Sep 1
• Aim: To boost participation of small investors in the securities market
• BSDA was introduced by SEBI in 2012 – to reduce the burden of demat charges on small investors
• Annual maintenance charge for a BDSA
- Nil – for portfolio values up to Rs 4 lakh
- Rs 100 – for portfolio values of above Rs 4 lakh and up to Rs 10 lakh
• BDSA should automatically be converted into a regular demat account if portfolio value exceeds Rs 10 lakh
• HQs of SEBI – Mumbai, Maharashtra | Chairman – Madhabi Puri Buch | Established in – 1992
72. India received $120 billion in remittances in 2023, supported by

strong labour markets in the US and Europe, according to the World
Bank. Mexico ($66 billion), China ($50 billion), the Philippines ($39
billion), and Pakistan ($27 billion) figure in top five countries list of
remittances recipients. As per the report, the growth in remittances to
India is likely to halve in 2024 to 3.7% from 7.5% in 2023. Remittances
are projected to rise marginally to $124 billion in 2024 and to $129 billion in 2025. India also remained the largest origin
countries of emigrants (18.7 million), followed by Ukraine (11.9 million), China (11.1 million), Mexico (11 million), and
República Bolivariana de Venezuela (8.9 million). The remittance flows to India from the UAE, which account for 18% and
are the 2nd largest source of India’s remittances after the US. {Read more}
Smart Points:
• India received $120 billion in remittances in 2023 (supported by strong labour markets in the US & Europe)
• India is followed by – Mexico ($66 billion), China ($50 billion), Philippines ($39 billion), & Pakistan ($27 billion)
• Growth in remittances to India is likely to halve in 2024 to 3.7% (from 7.5% in 2023)
• Remittances are projected to rise marginally to $124 billion in 2024 & to $129 billion in 2025
• India – also remained the largest origin countries of emigrants (18.7 million) | Followed by – Ukraine & China
• Largest source of India’s remittances – US (2nd - UAE)
73. State Bank of India (SBI) has unveiled “MSME Sahaj - End to End Digital Invoice Financing”, a web-based digital business
loans solution for MSMEs’ Invoice Financing, aimed at facilitating MSME loans with a fast turn-around-time. Using “MSME
Sahaj”, the bank’s customers can avail finance against their GST-registered sales invoices of up to Rs 1 lakh in less than 15
minutes. The purpose of the product is to provide ‘on tap’ short term credit for working capital needs to Micro SME units
who are part of the GST regime. {Read more}
https:// /#
Smart Points:
• SBI – unveiled “MSME Sahaj - End to End Digital Invoice Financing”, a web-based digital business loans solution
• Customers can avail finance against their GST-registered sales invoices of up to Rs 1 lakh in less than 15 minutes
74. ICICI Bank has launched the “Student Sapphiro Forex Card”, a premium forex prepaid card crafted specifically for
students who are going abroad for higher education. This card provides exclusive benefits and convenience to students as
well as their parents to manage education related expenses abroad such as admission fees, course-related fees and other
day-to-day expenses including travel, dining and groceries, among others. The students can transact in 15 different
currencies without incurring any cross-currency markup fees from the bank. {Read more}
Smart Points:
• ICICI Bank – launched “Student Sapphiro Forex Card”, a premium forex prepaid card
• It is crafted specifically for students who are going abroad for higher education
• Students can transact in 15 different currencies without incurring any cross-currency markup fees from the bank
• HQs of ICICI Bank – Mumbai | MD & CEO – Sandeep Bakhshi | Taglines – “Hum Hain Na!” & “Khayal Apka”
75. Indiabulls Housing Finance Ltd has rebranded itself as ‘Sammaan Capital Ltd’, following its
transformation into a board-run and diversely-held financial institution, from being a promoter-
led and promoter-driven lender. The company received the receipt of Certificate of Incorporation
issued by the Registrar of Companies (RoC), and a receipt from the RBI of new Certificate of
Registration (CoR) as an NBFC-ICC (Non-Banking Financial Company - Investment and Credit Company). {Read more}
Smart Points:
• Indiabulls Housing Finance – rebranded itself as ‘Sammaan Capital Ltd’
• HQs of Sammaan Capital Ltd – Gurugram, Haryana | Vice-Chairman & MD – Gagan Banga
76. The Reserve Bank of India (RBI) and ASEAN countries are collaborating on “Project Nexus”, aimed at establishing a
platform for instant cross-border retail payments by interlinking domestic fast payments systems (FPSs). India has joined 4
ASEAN countries (Malaysia, Philippines, Singapore, & Thailand) as founding members. The platform is expected to go live by
2026. It will enhance efficiency and reduce costs in international transactions. An agreement was signed by the BIS and the
central banks of the four founding countries on June 30 in Basel, Switzerland. Indonesia, which has been a part of the process
from early stages, is a special observer. Unified Payments Interface (UPI) is India’s FPS. {Read more}
Smart Points:
• RBI + ASEAN countries = collaborating on “Project Nexus” to establish a platform for instant cross-border retail payments
by interlinking domestic FPSs
• India has joined 4 ASEAN countries (Malaysia, Philippines, Singapore, & Thailand) as Founding Members
• The platform is expected to go live by 2026 | Indonesia – is a special observer
• Chairmanship of ASEAN 2024 – Laos (Lao PDR) | Secretariat of ASEAN – Jakarta, Indonesia | Members – 10
• HQs of RBI – Mumbai, Maharashtra | Governor – Shaktikanta Das (25th) | Established on – 1st April, 1935
Total Deputy Governors (4) – S. Janakiraman | T. Rabi Sankar | Michael D. Patra | M. Rajeshwar Rao
https:// /#
77. National Bank for Agriculture and Rural Development (NABARD) and Online PSB Loans Ltd have signed an MoU to
smoothen the enrolment and claim settlement processes under the ‘Jan Suraksha Schemes’ for all 43 Regional Rural Banks
(RRBs). Under this initiative, NABARD will integrate all 43 RRBs onto the ‘Jan Suraksha Portal’ to democratise access to
financial protection schemes such as Pradhan Mantri Jeevan Jyoti Bima Yojna and Pradhan Mantri Suraksha Bima Yojna
across erstwhile inaccessible corners of the country. The project aims to ensure a hassle-free experience for both banks and
their customers by leveraging technology to connect the Jan Suraksha Portal with the Core Banking Solutions (CBS) of RRBs
via Application Programming Interfaces (APIs). {Read more}
Smart Points:
• NABARD + Online PSB Loans Ltd = an MoU to smoothen the enrolment & claim settlement processes under the ‘Jan
Suraksha Schemes’ for all 43 RRBs
• The project aims to connect ‘Jan Suraksha Portal’ with the Core Banking Solutions (CBS) of RRBs via APIs
• HQs of NABARD – Mumbai, Maharashtra | Chairman – Shaji K. V. | Founded in – 1982
• HQs of Online PSB Loans Ltd – Ahmedabad, Gujarat | MD & CEO – Jinand Shah
78. As per the data provided by the RBI, India’s external debt was placed at $663.8 billion at end-March 2024, an increase
of $39.7 billion over March 2023. Despite the rise, the country’s external debt to GDP ratio declined to 18.7% at end-March
2024 from 19% at the end of March 2023. The ratio comprises both government and non-government debt. The
government’s external debt stood at 4.2% of GDP, while the non-government sector’s external debt was placed at 14.5%.
US dollar-denominated debt remained the largest component of India’s external debt, with a share of 53.8% at end-March
2024, followed by debt denominated in the Indian Rupee (31.5%), Yen (5.8%), SDR (5.4%), and Euro (2.8%). Additionally,
loans remained the largest component of external debt, with a share of 33.4%. {Read more}
Smart Points:
• India’s external debt was placed at $663.8 billion at end-March 2024 (an increase of $39.7 billion)
• India’s external debt to GDP ratio declined to 18.7% at end-March 2024 (from 19%)
• Govt’s external debt stood at 4.2% of GDP, while non-govt sector’s external debt stood at 14.5% of GDP
• Largest component of India’s external debt – US dollar-denominated debt (53.8%) | 2nd – Indian Rupee (31.5%)
• Loans (33.4%) – remained the largest component of external debt
79. Bajaj Housing Finance has launched “Sambhav Home Loans” targeting first time home buyers with affordable income
criteria. The income norm for first-time homebuyers, under this new product, starts from Rs 10,000 per month, with loan
amounts as low as Rs 10 lakh, hence making this an accessible option for prospective borrowers across a wide range of
income groups. Both salaried and self-employed applicants, including from the informal sector, are eligible for finance as
part of this product. {Read more}
Smart Points:
• Bajaj Housing Finance – launched “Sambhav Home Loans” targeting 1st time home buyers with affordable income criteria
• Income norm starts from – Rs 10,000 per month | Loan amounts – as low as Rs 10 lakh
• HQs of Bajaj Housing Finance Ltd – Pune, Maharashtra | CEO – Atul Jain | Founded in – 2008
https:// /#
80. On the occasion of the 69th Foundation Day, State Bank India (SBI) has announced 11 new initiatives to mitigate risks in
its agricultural loan portfolio. The initiatives include enhancement of its digital banking features and opening of 35 new
Agricultural Centralised Processing Cells. SBI has enhanced its digital payment experience, with the introduction of two
exciting features like tap-and-pay on the BHIM SBI PAY app and end-to-end digital loans against mutual funds on the YONO
app. The bank has also announced an initiative, which is a fully digital end-to-end journey for ‘SBI Surya Ghar Loan’. The
users can opt for credit to install solar rooftops under the central government’s ‘PM Surya Ghar Scheme’, offering loans for
up to 10 KW capacity. Besides, SBI opened a second Global NRI Centre (GNC) in Patiala, Punjab, to enhance its service to NRI
clients. {Read more}
Smart Points:
• SBI announced 11 new initiatives to mitigate risks in its agricultural loan portfolio
• The initiatives include:
- opening of 35 new Agricultural Centralised Processing Cells
- introduction of two exciting features - tap-and-pay on the BHIM SBI PAY app & end-to-end digital loans against MF
- a fully digital end-to-end journey for ‘SBI Surya Ghar Loan’
- 2nd Global NRI Centre (GNC) in Patiala, Punjab
81. Life Insurance Corporation of India (LIC) has launched “Jeevan Samarth”, an initiative aimed at transforming the agency
ecosystem. To achieve this, LIC has partnered with an American global consulting firm, A.T. Kearney, which will undertake
this agency transformation project by reviewing its existing agency framework on an end-to-end basis. The project will
review and revamp operations at all levels - branch, division and zonal. This transformation exercise will result in giving more
tools and additional skills, thereby making the bond between agents and LIC stronger. {Read more}
Smart Points:
• LIC + A.T. Kearney (US) – launched “Jeevan Samarth” to transform agency ecosystem
• HQs of LIC – Mumbai | Chairman – Siddhartha Mohanty | Founded in – 1956 | Tagline – ‘Yogakshemam Vahamyaham’
4 MDs of LIC – R. Doraiswamy, Sat Pal Bhanoo, Tablesh Pandey & M. Jagannath
82. The Reserve Bank of India (RBI) has cancelled the licence of Shimsha Sahakara Bank Niyamitha, Maddur, Karnataka, in
the wake of its worsening financial position. Consequently, the bank ceases to carry on banking business, with immediate
effect. About 99.96% of the depositors are entitled to receive the full amount of their deposits from the DICGC. Moreover,
the RBI also cancelled the licence of Banaras Mercantile Co-operative Bank due to its deteriorating financial health. In June,
the RBI cancelled the licences of Mumbai’s City Co-operative Bank and Purvanchal Co-operative Bank in Ghazipur, Uttar
Pradesh, due to similar issues of inadequate capital and earning prospects. {Read more}
Smart Points:
• RBI – cancelled licence of Shimsha Sahakara Bank Niyamitha (Maddur, Karnataka)
• RBI – cancelled licence of Banaras Mercantile Co-operative Bank (Varanasi, UP)
• RBI – cancelled licence of City Co-operative Bank (Mumbai) & Purvanchal Co-operative Bank (Ghazipur, UP) in June’24
83. The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.31 crore on Punjab National Bank for non-
compliance with certain directions related to KYC and ‘loans and advances’. RBI found that PNB sanctioned working capital
demand loans to two state government-owned corporations against amounts receivable from government by way of
subsidies/ refunds/ reimbursements. {Read more}
https:// /#
Smart Points:
• RBI – imposed a monetary penalty of Rs 1.31 Cr on PNB for non-compliance with certain directions
• HQs of PNB – New Delhi | MD & CEO – Atul Kumar Goel | Tagline – “The Name You Can Bank Upon”
84. The Reserve Bank of India has launched an exclusive 2-hour window called “Finquiry” for fintechs to visit the FinTech
department of the RBI in Mumbai. This initiative aims to provide a platform for fintechs to seek clarity and discuss fintech-
related queries directly with RBI officials. This window will be available on the last working Wednesday of every month from
3 to 5 pm. It will help fintechs navigate the regulatory landscape, clarify compliance queries and further discuss innovation
related concerns. {Read more}
Smart Points:
• RBI – launched a 2-hour window, “Finquiry,” for fintechs to visit the FinTech department of RBI in Mumbai
• Aim: To provide a platform for fintechs to seek clarity & discuss fintech-related queries directly with RBI officials
• It will be available on the last working Wednesday of every month from 3 to 5 pm
85. Interest rates on Small Savings Schemes (SSS) like Public Provident Fund (PPF), Kisan Vikas Patra (KVP), National Savings
Certificate (NSC), Sukanya Samriddhi Yojana (SSY), Senior Citizen Savings Scheme (SCSS), Post Office Time Deposits (POTD),
Mahila Samman Savings Certificate, and Post Office Monthly Income Scheme (POMIS) have remained unchanged for the
July-September quarter (Q2) of FY 2024-25. Most of the post office small savings schemes are allowed deductions benefits
under Section 80C of the ‘Income Tax Act, 1961’. Among various schemes, some like PPF, Sukanya Samriddhi Yojana, KVP,
etc., also get exemption benefits on interest earned. Small savings schemes interest rates are linked to 10-year Government
Securities (G-Secs) yields in the secondary market. The government review rates for small savings schemes every three
months by following a set formula. The Shyamala Gopinath Committee recommended a methodology to compute interest
rates for small savings schemes. As per the committee’s suggestions, the interest rates on various small savings schemes are
set with a range of 25 to 100 bps above the G-Secs yields with matching maturities. All unchanged rates of Small Savings
Schemes are mentioned below. {Read more}
Smart Points:
• Interest rates on Small Savings Schemes remained unchanged for Q2 FY25:
https:// /#
• Most of post office small savings schemes – allows deductions benefits under Section 80C of ‘Income Tax Act, 1961’
• Shyamala Gopinath Committee – recommended a methodology to compute interest rates for Small Savings Schemes
• SSS interest rates are linked to 10-year Government Securities (G-Secs) yields in the secondary market
• Govt review rates for Small Savings Schemes every 3 months
• Interest rates on various Small Savings Schemes are set with a range of 25 to 100 bps above the G-Secs yields
86. ICICI Bank has introduced “SmartLock”, a feature that allows customers to instantly lock or unlock various banking
services without contacting a helpline. SmartLock is available on the bank’s iMobile Pay app and it is the first of its kind in
India. SmartLock enables customers to take control of their account security by disabling or enabling access to internet
banking, UPI payments and credit & debit cards with a simple click. SmartLock allows scheduled standing instructions and
E-mandates to go through, even when a banking service is locked by the customer. {Read more}
Smart Points:
• ICICI Bank – introduced “SmartLock,” a first-of-its-kind feature by any bank in India
• To allow customers to instantly lock or unlock various banking services without contacting a helpline
• HQs of ICICI Bank – Mumbai, MH | MD & CEO – Sandeep Bakhshi | Taglines – “Hum Hain Na!” & “Khayal Apka”
87. Bank of Baroda’s board of directors has approved a plan to raise additional capital of ₹7,500 crore through Additional
Tier 1 (AT1) and Tier 2 bonds during the financial year 2024-25. Apart from the additional capital, the public sector lender
has received the board’s approval to raise ₹10,000 crore through long-term bonds to finance infrastructure initiatives and
affordable housing in single or multiple segments during FY25. The bank’s net interest income (NII) increased 8.1% to
₹44,722 crore in FY24. Bank of Baroda has been rated “BBB-” with a stable outlook in terms of Long Term Issuer Default
Rating from Fitch Ratings as of April 16, 2024. {Read more}
Smart Points:
• BoB – approved plan to raise additional capital of ₹7,500 Cr through Additional Tier 1 & Tier 2 bonds during FY25
• BoB – approved to raise ₹10,000 Cr through long-term bonds to finance infrastructure initiatives & affordable housing
• Net Interest Income (NII) of BoB – increased 8.1% to ₹44,722 Cr in FY24
• In terms of Long Term Issuer Default Rating – BoB rated “BBB-” by Fitch Ratings
• HQs of BoB – Vododara, Gujarat | MD & CEO – Debadatta Chand | Tagline – “India’s International Bank”
88. Paytm, owned by One 97 Communications Limited (OCL), has launched “Health Saathi”, an
exclusive health and income protection plan for its merchant partners. This plan is available
on the ‘Paytm for Business’ app. This initiative is part of Paytm’s ongoing efforts to support its
vast network of merchant partners by providing them with affordable, comprehensive
healthcare benefits. Starting at just ₹35 per month on a monthly subscription, Paytm Health
Saathi offers a range of services that includes unlimited doctor teleconsultation, in-person doctor visits (OPD) within its
partner network. The doctor teleconsultation service is powered by MediBuddy. {Read more}
Smart Points:
• Paytm – launched “Health Saathi”, an exclusive health & income protection plan for its merchant partners
• It starts at – ₹35 per month (monthly subscription) | It includes doctor teleconsultation – powered by MediBuddy
• HQs of One97 Communications – Noida, Uttar Pradesh | CEO – Vijay Shekhar Sharma
https:// /#
89. According to the Reserve Bank of India’s “Measuring Productivity at the Industry Level-The India KLEMS [Capital (K),
Labour (L), Energy (E), Material (M) and Services (S)]” database, India’s employment rate grew by 6% for 2023-2024 up from
3.2% in 2022-2023. Employment in India increased by 4.67 crore to 64.33 crore or 643.3 million (provisional) in 2023-24,
from 59.67 crore in 2022-23. The total number of employed people as a ratio of the total population has increased to 44.2%
in FY24, from 34.7% in FY18. The unemployment ratio has gone down to 1.4% in FY24, from 2.2% in FY18. The database
covers 27 industries aggregated to form 6 sectors. According to the data, the increase in employment is across education
levels and age groups. RBI’s report used data from the National Accounts and the Ministry of Labour. As per the data, India
has generated more than 80 million employment opportunities between FY18 and FY22, in an average of over 20 million
jobs a year, despite the COVID-19 pandemic during 2020-21. {Read More}
Smart Points:
• “Measuring Productivity at the Industry Level-The India KLEMS [Capital (K), Labour (L), Energy (E), Material (M) and
Services (S)]” database – released by RBI
• India’s employment rate – grew by 6% FY24 (from 3.2% in FY23)
• Employment in India – increased by 4.67 Cr to 64.33 Cr in FY24 (from 59.67 Cr in FY23)
• Total number of employed people as a ratio of total population – increased to 44.2% in FY24 (from 34.7% in FY18)
• Unemployment ratio – gone down to 1.4% in FY24 (from 2.2% in FY18)
• India – generated 80 million+ employment opportunities between FY18 & FY22 (average of 20 million+ jobs a year)
90. Tata Asset Management Company has launched India’s 1st Tourism Index Fund, comprising a collection of companies
forming part of the Nifty 500. The Tata Nifty India Tourism Index Fund will track the Nifty India Tourism Index. The NFO will
close on July 19, 2024. The minimum investment amount during the NFO period is Rs 5,000 and can be increased in multiples
of Rs 1. An exit load of 0.25% of the applicable net asset value (NAV) will be applied if one redeems units on or before 15
days of allotment. This open-ended index fund will give exposure to India’s fastest-growing companies from travel, tourism
and hospitality businesses. The fund has given 32% weightage to the hotels and resorts sector. It is followed by airlines
(19%), restaurants (19%), tour, travel related services (16%), airports and airport services (10%) and luggage (3%). The Tata
Nifty India Tourism Index Fund, which comprises 17 stocks, can house a maximum of 30 stocks from the parent index Nifty
500. {Read More}
Smart Points:
• Tata AMC – launched India’s 1st Tourism Index Fund, comprising a collection of companies forming part of Nifty 500
• Minimum investment amount during NFO period – Rs 5,000 | Last date – July 19, 2024
• Exit load of 0.25% of applicable net asset value will be applied if one redeems units on or before 15 days of allotment
• Weightage given by this fund to: 32% – Hotels & Resorts | 19% – Airlines | 19% – Restaurant | 16% – Tour & Travels
| 10% – Airports | 3% – Luggage
• Tata Nifty India Tourism Index Fund – comprises 17 stocks & can house a maximum of 30 stocks from Nifty 500
• HQs of Tata AMC – Mumbai, Maharashtra | MD & CEO – Prathit Bhobe
https:// /#
91. Mauritius, once among the leading destinations for Foreign Portfolio Investors
(FPIs) routing funds into India, has now slipped to the 5th position, behind Ireland, in
terms of Assets Under Custody (AUC) as of June 30, 2024, according to data from the
National Securities Depository (NSDL). At the 4th position, Ireland boasted an AUC of
Rs 4.41 trillion, slightly more than Mauritius, which recorded an AUC of Rs 4.39
trillion. The top three places are occupied by the US (30.68 trillion), Singapore (7.05
trillion) & Luxembourg (5.57 trillion). In March, the governments of Mauritius and
India signed a deal to amend the Double Taxation Avoidance Agreement (DTAA). The
Base Erosion and Profit Shifting (BEPS) is a term used to describe tax avoidance
strategies used by entities to reduce their tax bases. {Read More}
Smart Points:
• According to NSDL, Assets Under Custody (AUC) as of June 30, 2024:
• Mauritius (Rs 4.39 trillion) – slipped to the 5th position, behind Ireland (Rs 4.41 trillion)
• Top 3: US (30.68 trillion), Singapore (7.05 trillion), Luxembourg (5.57 trillion)
• BEPS – Base Erosion and Profit Shifting (a term used to describe tax avoidance strategies used by entities to reduce
their tax bases)
• HQs of NSDL – Mumbai, Maharashtra | MD & CEO – Padmaja Chunduru | Chairman – Parveen Kumar Gupta
92. Kotak Mahindra Asset Management Company or Kotak Mutual Fund has launched the
“BSE PSU Index Fund”, a passive equity scheme that will replicate the BSE PSU Index. The
index currently comprises 56 public sector undertaking (PSU) stocks across sectors. The
scheme opened for public subscription on July 10, 2024, and will close on July 24, 2024. This
fund provides a structured approach to PSU investing, allowing investors to participate in the
potential of this segment passively while managing risks through diversification. Investors can invest under the scheme with
a minimum investment of ₹100 per plan. Nilesh Shah is the Managing Director of KMAMC, while Devender Singhal is the
Fund Manager. {Read More}
Smart Points:
• Kotak Mahindra AMC – launched “BSE PSU Index Fund”, a passive equity scheme to replicate BSE PSU Index
• It currently comprises 56 PSU stocks across sectors | Fund Manager – Devender Singhal
• Dates for scheme: Open – July 10, 2024 | Close – July 24, 2024 | Min. investment – ₹100 per plan
• HQs of Kotak MF – Mumbai, Maharashtra | MD – Nilesh Shah | Founded – 1985
93. Global rating agency Moody’s has revised its outlook on Indian private sector lender, Yes Bank, from “stable” to
“positive” on the expectation of a gradual improvement in its depositor base and lending franchise. This will help improve
its core profitability over the next 12-18 months. The positive outlook takes into account the improvement in the bank's
asset quality and capitalisation over the past 2-3 years. The rating agency also affirmed Yes Bank’s “Ba3” long-term (LT)
foreign currency (FC) and local currency (LC) bank deposit ratings. {Read More}
Smart Points:
• Moody’s – revised its outlook on Yes Bank, from “stable” to “positive”
• It also affirmed Yes Bank’s “Ba3” long-term (LT) foreign currency (FC) & local currency (LC) bank deposit ratings
• HQs of Yes Bank – Mumbai, Maharashtra | MD & CEO – Prashant Kumar | Tagline – “Experience our Expertise”
https:// /#
94. As per the Reserve Bank of India (RBI), the “Financial Inclusion Index (FI-Index)”, which captures the extent of financial
inclusion across the country, stood at 64.2 in March 2024 from 60.1 in March 2023. The improvement in the “FI-Index” was
due to the growth witnessed across all sub-indices and mainly in the ‘Usage’ parameter. The “FI-Index” comprises 3 broad
parameters with variant weightage: ‘Access’ (35%), ‘Usage’ (45%) and ‘Quality’ (20%). It captures information on various
aspects of financial inclusion in a single value ranging between 0 and 100, where 0 represents complete financial exclusion
and 100 indicates full financial inclusion. The “FI-Index”, published annually in July, was conceptualised as a comprehensive
index incorporating details of banking, investments, insurance, postal as well as the pension sector in consultation with
government and respective sectoral regulators. It is constructed without any ‘base year’. {Read More}
Smart Points:
• “Financial Inclusion Index (FI-Index)” – released by RBI | It stood at 64.2 in March 2024 (from 60.1 in March 2023)
• Improvement in ‘FI-Index’ is due to – growth witnessed across all sub-indices & mainly in ‘Usage’ parameter
• It comprises 3 broad parameters with variant weightage – ‘Access’ (35%), ‘Usage’ (45%) & ‘Quality’ (20%)
• FI-Index’s value ranges between 0 & 100
95. Between FY14 and FY23, India generated 125 million jobs, which is 4.3 times more
than the preceding decadal period of FY04-FY14 during which 29 million jobs were
generated, according to a State Bank of India’s (SBI) report. Excluding agriculture, the total
number of jobs created in manufacturing and services is at 89 million during FY14-FY23,
increased by 33% from FY04-FY14. Besides, the report also noted that the total
employment reported by MSMEs registered with the MSME Ministry has crossed 200 million. Besides, the report also notes
that the KLEMS data shows that the total labour force in India is at 597 million, while the share of EPFO jobs is 28%. {Read
More}
Smart Points:
• As per SBI report, India generated 125 million jobs between FY14-FY23 (4.3 times more than in FY04-FY14)
• Total number of jobs created in manufacturing & services – 89 million during FY14-FY23 (up from 33% from FY04-FY14)
• Total employment reported by MSMEs registered with MSME Ministry – crossed 200 million
• As per KLEMS data, total labour force in India – 597 million | Share of EPFO jobs – 28%
96. Punjab National Bank has signed an MoU with Steel Authority of India Ltd (SAIL) to provide home loan, car loan and
education loan to the latter’s employees at concessional rates. This strategic partnership aims to enhance the financial well-
being of SAIL’s employees while expanding PNB’s customer base within the steel sector. {Read More}
Smart Points:
• PNB + SAIL = an MoU to provide home loan, car loan & education loan to SAIL’s employees at concessional rates
• HQs of PNB – New Delhi | MD & CEO – Atul Kumar Goel | Tagline – “The Name You Can Bank Upon”
• HQs of SAIL – New Delhi | CMD – Amarendu Prakash | Founded – January 24, 1973
https:// /#
97. Muthoot Finance is the only Indian NBFC to be selected for The Financial Action Task
Force’s (FATF) “Mutual Evaluation Report 2023-24”. This selection underscores the
company’s commitment to fair trade practices, transparency, and regulatory compliance.
FATF placed India in its ‘regular follow-up category’, in select group with only 4 other G20
countries. FATF is a global agency formed in 1989 to develop policies to combat money
laundering, terrorism financing and several other significant threats to soundness of the financial system. {Read More}
Smart Points:
• Muthoot Finance – only Indian NBFC to be selected for FATF’s “Mutual Evaluation Report 2023-24”
• FATF – placed India in its ‘regular follow-up category’ (with only 4 other G20 countries)
• HQs of Muthoot Finance – Kochi, Kerala | Chairman – George Jacob Muthoot | Founded in – 1997
• HQs of FATF – Paris, France | President – Elisa de Anda Madrazo | Established – July 1989
98. The Reserve Bank of India (RBI), with the Government of India’s concurrence, has decided to put in place a revised
framework for currency swap arrangements for ‘South Asian Association for Regional Cooperation (SAARC)’ countries for
the period 2024 to 2027. Under the framework, a separate INR Swap Window, with a total corpus of Rs 250 billion, is
introduced with various concessions for swap support in Indian Rupee. The RBI will continue to offer swap arrangements in
US Dollar and Euro under a separate ‘US Dollar/Euro Swap Window’ with an overall corpus of $2 billion. The currency swap
facility will be available to all SAARC member countries, subject to their signing the bilateral swap agreements. The SAARC
Currency Swap facility first came into operation on November 15, 2012, with an intention to provide a backstop line of
funding for short-term foreign exchange liquidity requirements or balance of payment crises of the SAARC countries. {Read
More}
Smart Points:
• RBI – to put in place a revised “SAARC Currency Swap Framework for 2024-27”
• Under the framework, a separate INR Swap Window, with a total corpus of Rs 250 billion, is introduced with various
concessions for swap support in Indian Rupee
• RBI will continue to offer swap arrangements in US Dollar & Euro under a separate ‘US Dollar/Euro Swap Window’ with
an overall corpus of $2 billion
• SAARC Currency Swap facility first came into operation – on Nov 15, 2012
99. The Reserve Bank of India (RBI) approved the conversion of Jio Financial Services (JFSL) from a Non-Banking Financial
Company (NBFC) to a Core Investment Company (CIC). In November 2023, JFSL, the financial services arm of Reliance
Industries Ltd (RIL), applied to become a CIC after the RBI directed the conversion following its demerger from RIL. A CIC, by
regulatory definition, must have an asset size greater than Rs 100 crore and must hold at least 90% of its net assets in
investments such as equity shares, preference shares, bonds, debentures, or loans in group companies. All CICs with assets
more than Rs 100 crore are subject to RBI regulations. The transition from an NBFC to a CIC involves several key changes in
the company’s operational framework. Unlike typical NBFCs, CICs are non-deposit-taking financial companies (NBFCs) that
have their assets predominantly invested in the equity shares, preference shares, or debt instruments of their group
companies. JFSL was listed on stock exchanges in August 2023. {Read More}
Smart Points:
• RBI – approved conversion of Jio Financial Services from an NBFC to a Core Investment Company (CIC)
https:// /#
• CIC must have asset size of Rs 100 Cr+ & must hold at least 90% of its net assets in investments/loans in group companies
• HQs of Jio Financial Services – Mumbai, Maharashtra | Chairman – KV Kamath | MD & CEO – Hitesh Kumar Sethia
100. The Securities and Exchange Board of India (SEBI) has revised the eligibility criteria for the entry and exit of stocks in
the derivatives segment of exchanges. Under the new norms, the criteria for exit shall apply to only those stocks which have
completed at least 6 months from the month of entry into the derivatives segment. For existing stocks in the derivatives
segment, the exit criteria on the basis of performance would be applicable 3 months after the date of issuance of circular.
The last revision in such selection criteria was carried out in 2018. The SEBI has also introduced a “Product Success
Framework” for single stock futures and options, aiming to enhance liquidity and participation in the derivatives market.
The framework will come into effect 6 months after the circular’s issuance. {Read More}
Smart Points:
• SEBI – revised eligibility criteria for entry & exit of stocks in derivatives segment of exchanges
• Now, criteria for exit shall apply to only those stocks which have completed at least 6 months from the month of entry
• For existing stocks, exit criteria would be applicable 3 months after the date of issuance of circular
• Last revision in selection criteria – carried out in 2018
• SEBI – also introduced “Product Success Framework” for single stock futures & options to enhance liquidity &
participation in derivatives market
- It will come into effect 6 months after the circular’s issuance
101. National Bank for Agriculture and Rural Development (NABARD) has announced to launch an “Agri fund for Start-Ups
& Rural Enterprises (Agri-SURE)”, with initial corpus of ₹750 crore to be managed by its wholly owned subsidiary
NABVENTURES Ltd. While NABARD and the Ministry of Agriculture are contributing ₹250 crore each, the rest ₹250 crore is
from other institutions. The fund is structured to support about 85 agri start-ups with investment sizes of up to ₹25 crore
each by the end of its term. The fund will provide support through investments in sector-specific, sector-agnostic, and debt
alternative investment funds (AIFs), as well as direct equity support to start-ups. NABARD has also announced “AgriSURE
Greenathon 2024”, a hackathon which is aimed at addressing three key problem statements: ‘Smart Agriculture on a
Budget’, ‘Turning Agri-Waste into Profitable Business Opportunities’, and ‘Tech Solutions Making Regenerative Agriculture
Remunerative’. {Read More}
Smart Points:
• NABARD – to launch “Agri fund for Start-Ups & Rural Enterprises (Agri-SURE)” | Managed by – NABVENTURES Ltd
• Initial corpus – ₹750 Cr | Share: NABARD – ₹250 Cr | MAFW – ₹250 Cr | Other institutions – ₹250 Cr
• It will support about 85 agri start-ups with investment sizes of up to ₹25 Cr each by end of its term
• NABARD – announced “AgriSURE Greenathon 2024,” a hackathon to address 3 key problem statements:
- ‘Smart Agriculture on a Budget’
- ‘Turning Agri-Waste into Profitable Business Opportunities’
- ‘Tech Solutions Making Regenerative Agriculture Remunerative’
• HQs of NABARD – Mumbai, Maharashtra | Chairman – Shaji K. V. | Founded in – 1982
https:// /#
102. Bank of India (BOI) has been felicitated with the “Atal Pension Yojana
Annual Award for FY2023-24” by PFRDA (Pension Fund Regulatory and
Development Authority Awards) for the second consecutive year. Additionally,
the Bank has been awarded the “APY Ultimate Champions Cup” while 3 of its
branches have been recognized among the top 5 branches across India. The
State Level Bankers’ Committee (SLBC) Jharkhand, led by Bank of India, received
the prestigious ‘Award of Ultimate Leadership’ for exemplary contributions to
APY enrolments in the state. BOI-sponsored Regional Rural Banks - Aryavrat, MPGB, and VKGB - were also felicitated for
their APY enrolment achievements. {Read More}
Smart Points:
• BOI – felicitated with “Atal Pension Yojana Annual Award for FY24” for 2nd consecutive year | By – PFRDA
• BOI – awarded “APY Ultimate Champions Cup” | 3 branches of BOI – are among top 5 branches across India
• SLBC Jharkhand – received ‘Award of Ultimate Leadership’ for exemplary contributions to APY enrolments in Jharkhand
• Aryavrat, MPGB & VKGB (BOI-sponsored RRBs) – felicitated for their APY enrolment achievements
• HQs of BOI – Mumbai, Maharashtra | CEO – Rajneesh Karnatak | Tagline – “Relationship Beyond Banking”
103. State Bank of India (SBI) has raised its benchmark marginal cost of fund-based lending
rate (MCLR) by 5-10 basis points with effect from 15 July 2024. The MCLR is for 1 month to 3
years, and 1 basis point is 0.01 percentage point. With the increase in the MCLR, the interest
rates on loans are also likely to rise by a similar measure, and EMIs rise on linked loans. SBI
hiked the MCLR on 1 month by 5 basis points to 8.35%, while the 3-month MCLR has been
hiked by 10 basis points to 8.40%. The MCLR on 1-year loan tenures is increased by 10 basis points to 8.85%. Similarly, the
MCLR on 3-month, 6-month, and 2-year loan tenures is hiked by 10 basis points each to 8.4%, 8.75%, and 8.95%, respectively.
The 3-year MCLR is hiked by 5 basis points to 9%. This recent hike in MCLR is the 2nd consecutive hike in rates by SBI after a
10-basis point hike announced in June 2024. Introduced on April 1, 2016, MCLR is the minimum interest rate below which
banks cannot lend. It reflects the increase in banks’ cost of funds. Mostly corporate loans are linked to MCLR while retail
loans are mostly linked to external benchmarks like the repo rate which has not been changed by RBI since February 2023.
{Read More}
Smart Points:
• SBI – raised its benchmark MCLR by 5-10 basis points (BP) w.e.f 15 July 2024
• It is 2nd consecutive hike after a 10-BP hike in June 2024 | MCLR – min interest rate below which banks cannot lend
• MCLR is for 1 month to 3 years | 1 basis point = 0.01% point | MCLR was introduced on – April 1, 2016
• MCLR hiked by SBI:
- on 1 month by 5 BP to 8.35%
- on 3-month by 10 BP to 8.40%
- on 6-month by 10 BP to 8.75%
- on 1-year by 10 BP to 8.85%
https:// /#
104. The State Bank of India (SBI) has launched ‘Amrit Vrishti’ scheme that offers 7.25% interest on deposits for 444 days.
‘Amrit Vrishti’ also offers an additional 0.50% interest rate to senior citizens, bringing the total rate up to 7.75% per annum.
The special fixed deposit (FD) scheme is available for investment until March 31, 2025. The eligible deposits are Domestic
Retail Term Deposits including NRI Rupee Term Deposits (<Rs 3 crore). The bank’s earlier term deposit scheme, ‘Amrit
Kalash’, had a tenor of 400 days and offered 7.10% interest. {Read More}
Smart Points:
• SBI – launched ‘Amrit Vrishti’ scheme offering up to 7.25% interest for 444 days | Available till – March 31, 2025
• Additional interest rate offered to senior citizens – 0.50% (totalling 7.75% per annum)
• Eligible deposits – Domestic Retail Term Deposits including NRI Rupee Term Deposits (<Rs 3 crore)
• Amrit Kalash (SBI’s earlier term deposit scheme) – had a tenor of 400 days & offered 7.10% interest
• HQs of SBI – Mumbai, Maharashtra | Chairman – Dinesh Kumar Khara
105. The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a penalty of Rs 2 crore on Bajaj
Finance and Rs 1 crore on Aegon Life Insurance (now known as Bandhan Life), citing violations of norms. The insurance
regulator has fined Bajaj Finance Rs 1 crore concerning the reconciliation of commission and professional fees received and
reported to the authority. An additional penalty of Rs 1 crore was imposed concerning the maintenance of records of
customer documentation. While, the penalty on Bandhan Life is imposed for violating certain provisions under the Anti-
Money Laundering (AML) Master Circular. {Read More}
Smart Points:
• IRDAI – imposed a penalty of Rs 2 Cr on Bajaj Finance & Rs 1 Cr on Bandhan Life for citing violations of norms
• HQs of IRDAI – Hyderabad, Telangana | Chairman – Debasish Panda | Established in – 1999
• HQs of Bajaj Finance – Pune, Maharashtra | MD – Rajeev Jain | Established in – 1987
• HQs of Bandhan Life – Mumbai, Maharashtra | MD & CEO – Satishwar B.
106. With the Consumer Price Index (CPI)-based inflation back at over 5% to touch 5.1%
in June 2024, Barclays Research expected the Reserve Bank of India (RBI) will go for the
first interest rate cut only in December 2024. Barclays Research observed that the
higher-than-expected seasonal increase in vegetable prices pulled CPI Inflation to 5.08%
in June and CPI inflation for July 2024 at 3% year-on-year, driven lower in part by a high
base. For the entire 2024-2025, Barclays Research expects inflation to average 4.3% (RBI:
4.5%). RBI Governor Shaktikanta Das at the last Monetary Policy Committee (MPC)
meeting in June 2024 raised India’s Gross Domestic Product (GDP) growth projection for the current fiscal from 7% to 7.2%.
RBI has kept policy rates unchanged for 8 consecutive MPC meetings, with RBI Governor signalling his reluctance to ease
rates unless inflation falls to its target of 4%. There are 3 upcoming MPC meetings between now and December 2024-August
6-8; October 7-9 and December 4-6. {Read More}
Smart Points:
• As per a Barclays Research, RBI will go for first interest rate cut only in Dec 2024
• CPI-based inflation – back at over 5.08% in June 2024 | CPI inflation for July 2024 – 3% year-on-year
• Expected inflation for FY25 – average 4.3% (RBI: 4.5%) | India’s GDP growth projection for FY25 – 7.2% (from 7%)
• RBI – kept policy rates unchanged for 8 consecutive MPC meetings
• 3 upcoming MPC meetings in 2024 – August 6-8; October 7-9 & December 4-6
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107. The Reserve Bank of India (RBI) issued 3 revised “Master Directions on Fraud Risk
Management for the Regulated Entities” viz. Commercial Banks (including Regional Rural
Banks) and All India Financial Institutions; Cooperative Banks (Urban Cooperative Banks /
State Cooperative Banks / Central Cooperative Banks); and Non-Banking Finance
Companies (including Housing Finance Companies). These Master Directions are principle-
based and strengthen the role of the Board in overall governance and oversight of fraud
risk management in the Regulated Entities (REs). The directions mandate REs to comply with principles of natural justice in
a time-bound manner before classifying persons/entities as fraud, taking into account the March 2023 Supreme Court
Judgment on “State Bank of India versus Rajesh Agarwal”. The Framework on Early Warning Signals (EWS) and Red Flagging
of Accounts (RFA) is strengthened further for early detection and prevention of frauds in the REs and timely reporting to law
enforcement agencies and supervisors. Further, the requirement for a data analytics and market intelligence unit for
strengthening risk management systems has been mandated. With the issuance of these Master Directions, the existing 36
Circulars on the subject stand withdrawn. {Read More}
Smart Points:
• RBI – issued 3 revised “Master Directions on Fraud Risk Management for Regulated Entities”
- Commercial Banks (including RRBs) & All India Financial Institutions
- Cooperative Banks (UCBs / SCBs / CCBs)
- NBFCs (including Housing Finance Companies)
108. The Export-Import Bank of India (EXIM Bank) has entered into an agreement dated February
29, 2024, with the Government of Guyana to provide a Line of Credit (LoC) worth $2.5 million for
the installation of a solar photovoltaic power plant at the Cheddi Jagan International Airport in
Guyana. The Agreement under the LoC is effective from June 24, 2024. Under the LoC, the last date
for disbursement will be 48 months after the scheduled completion date of the project. Of the total
credit provided by EXIM Bank, goods, works and services worth at least 75% of the contract price will be supplied by the
seller from India and the remaining 25% may be procured by the seller from outside India for the eligible contract. {Read
More}
Smart Points:
• EXIM Bank + Guyana = a Line of Credit (LoC) worth $2.5 million for the installation of a solar photovoltaic power plant
• At – Cheddi Jagan International Airport, Guyana
• HQs of EXIM Bank – Mumbai, Maharashtra | MD – Harsha Bangari | Founded in – 1982
• Guyana – Georgetown – Guyanese Dollar | President – Mohamed Irfaan Ali
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109. As per the data released by the Reserve Bank of India (RBI), Overseas Indians deposited close to $3 billion in non-
resident Indian (NRI) deposit schemes in April-May FY2025, which is over 4 times higher than the amount deposited in these
schemes in the same period last year. Inflows into NRI schemes totalled US$ 2.72 billion in April-May FY2025, compared to
US$ 623 million during the same period in the previous year. As of May, the total outstanding NRI deposits amounted to
US$ 154.72 billion. Notably, inflows in May alone reached US$ 1.7 billion, up from US$ 1.07 billion in April. The NRI deposit
schemes include foreign currency non-resident (FCNR) deposits, non-resident external (NRE) deposits, and non-resident
ordinary (NRO) deposits. During the April-May FY2025 period, NRE deposits attracted the largest inflows, with US$ 1.13
billion, compared to an outflow of US$ 10 million in the same period last year, bringing the total outstanding NRE deposits
to nearly US$ 100 billion. FCNR deposits saw an inflow of over US$ 1.10 billion, up from US$ 524 million a year ago, raising
the total outstanding to US$ 26.8 billion. Similarly, NRO deposits experienced significant inflows of US$ 481 million,
compared to US$ 109 million during the same period last year, with the total outstanding reaching US$ 28 billion. {Read
More}
Smart Points:
• As per data released by RBI:
• Overseas Indians – deposited close to $3 bn in NRI deposit schemes in Apr-May FY25 (4 times higher than FY24)
• Inflows into NRI schemes – totalled US$ 2.72 bn in Apr-May FY25 (from US$ 623 mn in FY24)
• Total NRI deposits (till May) – US$ 154.72 bn | Inflows in May – US$ 1.7 bn (from US$ 1.07 bn in April)
• NRI deposit schemes include – FCNR deposits, NRE deposits & NRO deposits
• Total Deputy Governors (4) – S. Janakiraman | T. Rabi Sankar | Michael D. Patra | M. Rajeshwar Rao
110. Federal Bank has announced the appointment of Krishnan Venkat Subramanian as the next Managing Director and CEO
of the bank with effect from September 23, 2024. He will succeed Shyam Srinivasan, the incumbent and longest-serving
managing director and CEO of the bank. The RBI approved this appointment under Section 35B of the Banking Regulation
Act, 2013, for a period of 3 years. {Read More}
Smart Points:
• Krishnan Venkat Subramanian – appointed as MD & CEO of Federal Bank (succeeding - Shyam Srinivasan)
• Shyam Srinivasan – longest-serving MD & CEO of Federal Bank
• HQs of Federal Bank – Aluva, Kerala | MD & CEO – Krishnan Venkat Subramanian | Tagline – “Your Perfect Banking
Partner”
111. The government backed National Asset Reconstruction Co Ltd (NARCL) has offered to acquire Rs 1.25 lakh crore of non-
performing assets (NPAs) from banks with offers at various stages of due diligence and evaluations. Of the Rs 1.25 trillion,
evaluations for assets valued at around Rs 40,000 crore are currently underway, as per the Economic Survey for 2023-24. So
far, NARCL has acquired stressed debt from 18 accounts, worth Rs 92,000 crore, including the acquisition of the ailing Srei
Infrastructure Finance and Srei Equipment Finance as resolution applicants. NARCL started operation in January 2022 and
acquires bad loans from banks, by paying 15% of the amount in cash and the rest in security receipts (SRs) which are to be
matched with recovery over time. These SRs are guaranteed by the government, valid for 5 years, to be invoked by banks in
case of resolution or liquidation of the bad loan. The survey has pointed out that ARCs are emerging as an alternative channel
for investors, including foreign portfolio investors (FPIs), to access the NPAs /distressed assets held by banks. Data shows,
in FY2023, ARCs acquired about 9.7% of the gross NPAs of banks, compared to 3.2% in FY2022. {Read More}
Smart Points:
• NARCL – to acquire Rs 1.25 lakh Cr of NPAs from banks with offers at various stages of due diligence & evaluations
https:// /#
• NARCL – acquired stressed debt from 18 accounts | Worth – Rs 92,000 Cr
• NARCL – started operation in Jan 2022 acquiring bad loans by paying 15% of amount in cash & rest in security receipts
• As per data, ARCs – acquired about 9.7% of gross NPAs of banks in FY23 (from 3.2% in FY22)
• HQs of NARCL – Mumbai, Maharashtra | Chairman – Diwakar Gupta | Established in – July 2021
112. The Finance Minister Nirmala Sitharaman in Budget 2024-2025 has made
relaxation in the income tax slabs in the new tax regime for the current FY 2024-2025.
Those falling in, Rs 0-3 lakh bracket requiring nil to pay; Rs 3-7 lakh income bracket
requiring to pay 5% as tax; Rs 7-10 lakh, Rs 10-12 lakh and Rs 12-15 lakh are required
to pay 10, 15 and 20%, respectively of their income as tax. More than 15 lakh income
will attract 30% as tax. The changes announced in the income tax slabs will lead to
savings of up to Rs 17,500 for taxpayers opting for the new tax regime. Additionally,
the standard deduction limit has been hiked to Rs 75,000 from Rs 50,000 in the new
tax regime only. For family pensioners, the standard deduction limit has been hiked to
Rs 25,000 from Rs 15,000 currently. The new tax regime is currently the default tax regime. This means that an individual’s
tax liability will be calculated on the basis of the new tax regime unless the taxpayer specifically opts for the old tax regime.
To pay tax under the old tax regime, an individual has to specifically opt for it or choose it. The old tax regime offers multiple
deductions and exemptions whereas the new tax regime offers very few. The new tax regime became effective from FY
2020-21 (from April 1, 2020). {Read More}
Smart Points:
• Relaxation in income tax slabs in new tax regime for FY25 – made in Union Budget 2024-2025
- Rs 0-3 lakh – nil | Rs 3-7 lakh – 5% | Rs 7-10 lakh – 10%
- Rs 10-12 lakh – 15% | Rs 12-15 lakh – 20% | Rs 15+ lakh – 30%
• These changes will lead to savings of – up to Rs 17,500 for taxpayers opting for new tax regime
• Standard deduction limit – hiked to Rs 75,000 in new tax regime only (from Rs 50,000)
- For family pensioners – hiked to Rs 25,000 (from Rs 15,000)
• New tax regime – became effective from FY21
113. The Reserve Bank of India (RBI) has sold ₹34 billion ($406 million) of bonds in the Secondary market, likely to absorb
excess cash in the banking system resulting from inflows into the nation’s debt after being included in a global index,
according to Bloomberg Economics Index. Foreign investments in local bonds have surpassed $1 billion so far in July 2024.
Excess liquidity that banks deposit with the central bank stood at Rs 1.4 trillion. India became the 25th market to be included
in the index since its inception in June 2005. This inclusion is expected to attract global inflows of $20 billion to $25 billion
into the Indian bond market. {Read More}
Smart Points:
• As per Bloomberg Economics Index – RBI sold ₹34 billion of bonds in Secondary market
• To absorb excess cash in banking system resulting from inflows into nation’s debt after being included in a global index
• Foreign investments in local bonds – surpassed $1 billion in July 2024
• Excess liquidity that banks deposit with central bank – Rs 1.4 trillion
https:// /#
• India – became 25th market to be included in index since its inception in June 2005
- It expects to attract global inflows into Indian bond market of – $20 billion to $25 billion
114. The Insurance Regulatory and Development Authority of India (IRDAI) has revised its guidelines regarding the
commission for long-term motor insurance policies. The recent change in policy brings these long-term policies in line with
the standard one-year motor insurance policies. Under the updated regulation, insurers are now permitted to provide
commissions within the expense management framework for long-term policies. Previously, insurers were allowed to offer
a commission of up to 17.5% of the premium as the first-year commission for five-year comprehensive motor insurance
policies covering two-wheelers. Subsequently, the commission was adjusted to 10% for the second and third years, and
further reduced to 5% for the fourth and fifth years. For three-year comprehensive motor insurance policies for four-
wheelers, the commission cap was originally set at 15% for the first year, 10% for the second year, and 5% for the third year.
The recent guidelines have granted insurers the freedom to tailor commission structures according to their management
expenses. In June 2024, IRDAI issued a new master circular on general insurance, which would cover motor, home and travel
plans, to encourage products tailored to the individual needs of customers. {Read More}
Smart Points:
• IRDAI – revised its guidelines regarding commission for long-term motor insurance policies
• Insurers are now permitted to provide commissions within expense management framework for long-term policies
• Commission – adjusted to 10% for 2nd & 3rd years & reduced to 5% for 4th & 5th years
- Commission cap for 3-year motor insurance policies for 4-wheelers: 1st yr – 15% | 2nd yr – 10% | 3rd yr – 5%
• HQs of IRDAI – Hyderabad, Telangana | Chairman – Debasish Panda | Established in – 1999
115. On the occasion of its 117th Foundation Day (20 July 2024), Bank of Baroda (BoB)
launched 11 products and services, including a Generative AI (GenAI)-powered virtual
relationship manager (VRM), and credit line on UPI for enhancing payments and banking
experience for customers. The theme for the Bank’s 117th Foundation Day was “Trusted
Today, Transforming Tomorrow.” The GenAI-powered VRM, a first-of-its-kind initiative in
the Indian banking sector, provides real-time information about the bank’s products and
services while also capturing customer requirements for specific banking services. BoB enabled the credit line on the UPI
feature. To begin with, the bank will enable this feature on Baroda Kisan Credit Card (BKCC) for customers. BKCC customers
can seamlessly access a pre-sanctioned credit line on UPI. They can link their KCC account to UPI and make specific merchant
payments using the credit line provided. Payments made to the credit line on UPI will be counted as repayment towards the
utilised limit. The bank integrated BKCC with the Reserve Bank Innovation Hub’s (RBIH) Public Tech Platform for frictionless
credit, to fetch digital land records and farm-related information, and to implement Digital BKCC. The detailed list of
initiatives is here. {Read More}
Smart Points:
• BoB – launched 11 products & services on the occasion of its 117th Foundation Day (July 20, 2024)
• Theme - “Trusted Today, Transforming Tomorrow”
• GenAI-powered virtual relationship manager – first-of-its-kind initiative in Indian banking sector
• HQs of BoB – Vododara, Gujarat | MD & CEO – Debadatta Chand | Tagline – “India’s International Bank”
https:// /#
116. The Reserve Bank of India (RBI) prescribed a Prompt Corrective Action (PCA) framework for relatively weak urban co-
operative banks (UCBs), with deposits above Rs 100 crore (upper tier category), to nurse them back to health. This
framework, set to take effect from April 1, 2025, will replace the existing supervisory action framework (SAF), which had
been in place since January 6, 2020. The objective of the PCA Framework is to enable supervisory intervention at an
appropriate time and require the UCBs to initiate and implement remedial measures in a timely manner, to restore their
financial health. The revised framework seeks to provide flexibility to design entity-specific supervisory action plans based
on the assessment of risks on a case-by-case basis. It is largely principle-based with fewer parameters as compared to the
SAF, without any dilution in the supervisory rigour. It is also expected to give more focus to the larger UCBs requiring more
intensive monitoring by optimal utilisation of supervisory resources. Capital, asset quality and profitability will be the key
areas for monitoring in the revised PCA Framework. The PCA framework is applicable to all UCBs in Tier 2, Tier 3 and Tier 4
categories, except UCBs under All Inclusive Directions (AID). Reserve Bank has categorised UCBs into 4 tiers for regulatory
purposes. {Read More}
Smart Points:
• RBI – prescribed PCA framework for weak UCBs, with deposits above Rs 100 Cr to nurse them back to health
• W.e.f. – Apr 1, 2025 | To replace – existing supervisory action framework, in place since January 6, 2020
• Aim: To enable supervisory intervention at an appropriate time & require UCBs to initiate & implement remedial
measures in a timely manner, to restore their financial health
• It is applicable to – all UCBs in Tier 2, Tier 3 & Tier 4 categories | Except – UCBs under All Inclusive Directions
117. The Reserve Bank of India (RBI) has released the “Report on Currency and Finance (RCF)” for the year 2023-24. The
theme of the Report is “India’s Digital Revolution”. As per the report, the positive role played by the regulatory framework
has led to increasing confidence of consumers in digital financial products, boosting operating and technical efficiencies of
financial institutions. India is leading the global digital revolution. Globally, India ranks first in biometric-based identification
(Aadhaar) and real-time payments volume; second in telecom subscribers; and third in terms of the start-up ecosystem.
{Read More}
Smart Points:
• “Report on Currency and Finance (RCF)” for 2023-24 – released by RBI | Theme - “India’s Digital Revolution”
• Global rank of India in various aspects:
- 1st – in biometric-based identification (Aadhaar) & real-time payments volume
- 2nd – in telecom subscribers | 3rd – in terms of start-up ecosystem
118. Digital payments across India have registered a 12.6% on-year rise as on March 31, 2024, according to the RBI’s “Digital
Payments Index (DPI)” that measures the adoption of online transactions. The RBI’s Digital Payments Index (RBI-DPI) stood
at 445.5 at the end of March 2024 compared to 418.77 in September 2023 and 395.57 in March 2023. The central bank had
announced the construction of a composite RBI-DPI in March 2018 as a base to capture the extent of digitisation of payments
across the country. The index comprises 5 broad parameters that enable the measurement of the deepening and
penetration of digital payments in the country over different periods. These parameters are Payment Enablers (weightage
25%); Payment Infrastructure Demand-side factors (10%); Payment Infrastructure Supply-side factors (15%); Payment
Performance (45%); and Consumer Centricity (5%). The index is published on a semi-annual basis from March 2021 onwards
with a lag of 4 months. {Read More}
https:// /#
Smart Points:
• “Digital Payments Index (DPI)” – released by RBI
• Digital payments across India have registered a 12.6% on-year rise as on March 31, 2024
• RBI-DPI stood at 445.5 at the end of March 2024 (from 395.57 in March 2023)
• The index comprises 5 broad parameters:
- Payment Enablers (weightage 25%)
- Payment Infrastructure Demand-side factors (10%)
- Payment Infrastructure Supply-side factors (15%)
- Payment Performance (45%)
- Consumer Centricity (5%)
• The index is published on a semi-annual basis from March 2021 onwards with a lag of 4 months
119. The Reserve Bank of India (RBI) has set up a review committee to revise the fee
structure for white-label ATMs (WLAs) to propose a fair and sustainable model. The
committee, led by Indian Banks’ Association CEO Sunil Mehta, will assess current policies,
ATM infrastructure, and global best practices, reporting to RBI deputy governor T Rabi
Sankar. India’s ATM market is forecasted to grow at a 9.2% compound annual growth rate
(CAGR) from 2024 to 2032, with 4 authorized non-bank entities currently operating WLAs.
The primary issue is the interchange fee, which is currently the same for both bank-
operated ATMs and WLAs. The interchange fee remains at Rs 17 for financial and Rs 6 for non-financial transactions. An RBI
committee set up in 2019 to review the ATM interchange fee structure also recommended reviewing interchange and
customer ATM usage charges at stipulated intervals by RBI.
Smart Points:
• RBI – set up a review committee to revise fee structure for white-label ATMs to propose a fair & sustainable model
• Led by – Sunil Mehta (CEO of Indian Banks’ Association)
• India’s ATM market – to grow at 9.2% CAGR from 2024 to 2032
• Interchange fee: Financial transactions – Rs 17 | Non-financial transactions – Rs 6
Defence Affairs
120. India has achieved a significant milestone in military technology with the development and certification of “SEBEX 2”,
a cutting-edge explosive formulation. SEBEX 2 has been evaluated, tested and certified by the Indian Navy under its Defence
Export Promotion Scheme. This places it among the most potent non-nuclear explosives globally, aimed at revolutionizing
various munitions without compromising on weight. It is developed by Economic Explosives Limited (EEL) under the Make
in India initiative. SEBEX 2 utilizes a high-melting explosive (HMX) composition. In addition to SEBEX 2, the Indian Navy has
certified ‘SITBEX 1’, a thermobaric explosive known for its extended blast duration and intense heat generation. {Read more}
https:// /#
Smart Points:
• India has achieved a significant milestone in military technology with the development & certification of “SEBEX 2”
• ‘SEBEX 2’, a cutting-edge explosive formulation is certified by – Indian Navy | Developed by – Economic Explosives Ltd
• SEBEX 2 utilizes a high-melting explosive (HMX) composition
• Indian Navy has also certified ‘SITBEX 1’, a thermobaric explosive
• HQs of Indian Navy – Delhi | Chief – Admiral Dinesh K. Tripathi | Vice Chief – Vice Admiral Krishna Swaminathan
121. Ministry of Defence (MoD) has signed an MoU to establish 3 state-of-the-art testing facilities for Unmanned Aerial
System (UAS), Electronic Warfare (EW) and Electro Optics (EO) domains in Chennai under the Tamil Nadu Defence Industrial
Corridor. The MoU, under the ‘Defence Testing Infrastructure Scheme (DTIS)’, was exchanged between senior MoD officials
and Tamil Nadu Industrial Development Corporation Limited. With an outlay of ₹400 crore, the DTIS was launched by
Defence Minister Rajnath Singh in May 2020 to set up state-of-the-art testing facilities in collaboration with private industry
and Central/State Government. To provide impetus to the defence and aerospace sectors within the Defence Industrial
Corridors, 7 testing facilities were approved - 4 in Tamil Nadu and 3 in Uttar Pradesh. The DTIS provides up to 75%
government funding as ‘Grant-in-Aid’, with the remaining 25% funded by the Special Purpose Vehicle (SPVs), comprising
Indian private entities and State/Central Governments. {Read more}
Smart Points:
• MoD – to establish 3 state-of-the-art testing facilities for Unmanned Aerial System (UAS), Electronic Warfare (EW) and
Electro Optics (EO) domains in Chennai
• For this purpose, an MoU was signed under the ‘Defence Testing Infrastructure Scheme (DTIS)’
• DTIS – launched in May 2020 | Outlay – ₹400 Cr | Total 7 testing facilities were approved – 4 in TN & 3 in UP
• DTIS provides up to 75% Govt funding as ‘Grant-in-Aid’, with the remaining 25% funded by SPVs
• Minister of Defence: Rajnath Singh | Constituency – Lucknow, Uttar Pradesh
MoS in Ministry of Defence: Sanjay Seth
122. The 16th edition of India-Mongolia joint military exercise, “Nomadic Elephant”, commenced in
Umroi, Meghalaya. The Indian contingent, comprising 45 personnel, is being represented by a battalion
of Sikkim Scouts along with personnel from other arms and services. Nomadic Elephant is an annual
training event conducted alternatively in India and Mongolia. The last edition was conducted in Mongolia
in July 2023. {Read more}
Smart Points:
• 16th edition of “Nomadic Elephant,” a joint military exercise of India-Mongolia – commenced in Umroi, Meghalaya
• Indian contingent (45 personnel) – represented by a battalion of Sikkim Scouts
• It is an annual training event conducted alternatively in India & Mongolia | Last edition – Mongolia in July 2023
• Mongolia – Ulaanbaatar – Mongolian Togrog | President – Ukhnaa Khurelsukh | PM – Luvsannamsrain Oyun-Erdene
https:// /#
123. Ministry of Defence has achieved the highest-ever growth in
indigenous defence production in value terms during Financial Year (FY)
2023-24, focusing on achieving ‘Aatmanirbharta’. The value of defence
production in India has gone up to a record-high figure of Rs 1,26,887
crore, reflecting a growth of 16.7% over previous year (Rs 1,08,684
crore), as per the data received from all Defence Public Sector
undertakings (DPSUs), other PSUs and private companies manufacturing
defence items. Of the total value of production (VoP) in 2023-24, about
79.2% has been contributed by DPSUs/other PSUs and 20.8% by the private sector. Besides, the defence exports touched a
record-high of Rs 21,083 crore in FY 2023-24, reflecting a growth of 32.5% over the last fiscal. The feat has been achieved
due to the policy reforms/initiatives and ease of doing business brought in by the Government. {Read more}
Smart Points:
• As per data received from all DPSUs, other PSUs & private companies manufacturing defence items:
• MoD achieved highest-ever growth in defence production in FY24 – at Rs 1,26,887 Cr (a growth of 16.7%)
• Of total value of production in FY24: 79.2% – by DPSUs/other PSUs | 20.8% – by Private sector
• Defence exports – Rs 21,083 Cr in FY24 (growth of 32.5% over FY23)
124. Indian Army contingent has departed for the 13th edition of India-Thailand
joint military exercise, “MAITREE”, from 1-15 July, 2024, at Fort Vachiraprakan in
Tak Province of Thailand. Indian Army contingent comprising 76 personnel is being
represented mainly by a Battalion of the Ladakh Scouts along with personnel from
other arms and services. The Exercise will focus on high degree of physical fitness,
joint planning and joint tactical drills. Last edition of the same exercise was
conducted at Umroi, Meghalaya in September 2019. {Read more}
Smart Points:
• Indian Army contingent departed for 13th India-Thailand joint military exercise, “MAITREE”, in Tak Province, Thailand
• Indian Army contingent (76 personnel) – represented mainly by a Battalion of Ladakh Scouts
• Last edition of the exercise was conducted at – Umroi, Meghalaya (in Sep 2019)
• Thailand – Bangkok – Thai Baht | PM – Srettha Thavisin | King – Maha Vajiralongkorn
125. Indian multi-role stealth frigate INS Shivalik has reached Pearl Harbour in
Hawaii, US, to take part in the “Rim of the Pacific (RIMPAC)” exercise, the world’s
largest naval exercise, led by the US Navy. INS Shivalik sailed to Pearl Harbour after
completion of “JIMEX 24”, a bilateral exercise between India and Japan.
Approximately 29 countries are participating in the RIMPAC exercise. The exercise
will witness the participation of an aircraft carrier battle group, submarines,
maritime reconnaissance aircraft, unmanned aerial vehicles, remotely piloted surface ships and also amphibious forced
landing operations. INS Shivalik, mission deployed in South China Sea and North Pacific Ocean, is an indigenously designed
and built 6000-tonne guided missile stealth frigate. {Read more}
Smart Points:
• INS Shivalik – reached Pearl Harbour in Hawaii, US, to take part in the “Rim of the Pacific (RIMPAC)” exercise
• ‘RIMPAC’ exercise, the world’s largest naval exercise – led by US Navy (approx. 29 countries are participating)
https:// /#
• INS Shivalik (deployed in South China Sea & North Pacific Ocean) – is a guided missile stealth frigate
126. Defence Research and Development Organisation (DRDO) and Larsen & Toubro (L&T)
are at advanced stage of trials of the indigenous Light Tank, “Zorawar”. DRDO chief Dr
Samir V Kamat reviewed the progress made in the project at the L&T plant at Hajira in
Gujarat. It is developed by DRDO and L&T in a record time of 2 years for high altitude
areas of Ladakh. The Zorawar is especially designed to operate at high altitudes,
countering Chinese armoured deployments in high-terrain warfare. {Read more}
Smart Points:
• “Zorawar”, an indigenous Light Tank – being developed by DRDO and L&T
• Dr Samir V Kamat (DRDO Chief) – reviewed the progress made in the project at the L&T plant at Hajira, Gujarat
• HQs of DRDO – New Delhi | Chairman – Samir V. Kamat | Established in – 1958
• HQs of L&T – Mumbai, Maharashtra | CEO & MD – S. N. Subrahmanyan | President – R. Shankar Raman
127. Defence Research & Development Organisation (DRDO) has awarded 7 new projects to the
private sector under the ‘Technology Development Fund (TDF)’ scheme for various requirements
of the Armed Forces and aerospace & defence sectors. The project for the development of
“Indigenous Scenario and Sensor Simulation Toolkit” is awarded to start-up, Oxygen 2 Innovation
Pvt Ltd, Noida, UP. The project for the development of “Underwater Launched Unmanned Aerial
Vehicle” is awarded to Sagar Defence Engineering Pvt Ltd, Pune. The project for the development
of “Long-range Remotely Operated Vehicles for Detection & Neutralisation” is awarded to IROV
Technologies Pvt Limited, Kochi. The project for the development of “Ice Detection Sensor for Aircraft” is awarded to
Craftlogic Labs Pvt Ltd, Bengaluru. The project for the development of “Radar Signal Processor with Active Antenna Array
Simulator” is awarded to Data Pattern (India) Limited, Chennai. The project for the development of “Indian Regional
Navigation Satellite System-based Timing Acquisition & Dissemination System” is awarded to Accord Software & Systems
Pvt Ltd, Bengaluru. The project for the development of “Graphene-based Smart & E-textiles for Multifunctional Wearable
Applications” is awarded to Alohatech Private Limited, Coimbatore. {Read More}
Smart Points:
• DRDO awarded 7 new projects to the private sector under the ‘Technology Development Fund (TDF)’ scheme:
• The project for “Indigenous Scenario and Sensor Simulation Toolkit”
- Oxygen 2 Innovation Pvt Ltd, Noida, UP
• The project for “Underwater Launched Unmanned Aerial Vehicle”
- Sagar Defence Engineering Pvt Ltd, Pune
• The project for “Long-range Remotely Operated Vehicles for Detection & Neutralisation”
- IROV Technologies Pvt Limited, Kochi
• The project for “Ice Detection Sensor for Aircraft”
- Craftlogic Labs Pvt Ltd, Bengaluru
• The project for “Radar Signal Processor with Active Antenna Array Simulator”
- Data Pattern (India) Limited, Chennai
• The project for “Indian Regional Navigation Satellite System-based Timing Acquisition & Dissemination System”
https:// /#
- Accord Software & Systems Pvt Ltd, Bengaluru
• The project for “Graphene-based Smart & E-textiles for Multifunctional Wearable Applications”
- Alohatech Private Limited, Coimbatore
128. An Indian Air Force (IAF) contingent has reached the Royal Australian Air Force (RAAF) Base Darwin to participate in the
largest edition in the 43-year history of the “Exercise Pitch Black”. The IAF has previously participated in the 2018 and 2022
editions of this exercise. The Indian aircraft that will participate in the exercise include the Su-30 MKI multirole fighters, the
C-17 Globemaster and the IL-78 air-to-air refuelling aircraft in combat enabling roles. It is scheduled to be conducted from
12 July 2024 to 2 August 2024 and is a biennial, multi-national exercise hosted by the RAAF. This edition will see participation
by 20 countries, with over 140 aircraft and 4,400 military personnel of various air forces. Countries participating for the first
time include Papua New Guinea, Italy, Spain and the Philippines. After this, the IAF will also take part in “Ex Udara Shakti
24” with the Royal Malaysian Air Force. This shows that India is even more dedicated to building strong military ties in the
Indo-Pacific region. {Read More}
Smart Points:
• IAF participated in the largest edition of “Exercise Pitch Black” – being hosted by Australia
• Participating Indian aircrafts – Su-30 MKI, C-17 Globemaster & IL-78
• IAF previously participated in this exercise – in 2018 & 2022 | Participation in this edition – by 20 countries
• First time participating countries – Papua New Guinea, Italy, Spain & the Philippines
• After this, IAF will participate in – “Ex Udara Shakti 24” – being hosted by Malaysia
• HQs of IAF – New Delhi | Chief – Air Marshal Vivek Ram Chaudhari | Vice Chief – Air Marshal Amar Preet Singh
129. The 3rd 25T Bollard Pull (BP) Tug, “Bajrang” was recently delivered to Indian Navy
in the presence of RAdm DK Goswami, ASD (Mbi). This Tug is a proud flag bearer of
the ‘Make in India’ initiative of the Government of India. Contract for the construction
and delivery of 3 ‘25T BP Tugs’ was concluded with M/s Shoft Shipyard Pvt Ltd (SSPL),
a Thane-based MSME, in consonance with the ‘Aatmanirbhar Bharat’ initiative of the
Government of India. These Tugs are being built under the classification rules of the
Indian Register of Shipping (IRS). The Tugs will also provide afloat firefighting
assistance to ships alongside, at anchorage and will also have the capability to conduct limited Search and Rescue
Operations. {Read More}
Smart Points:
• 3rd 25T Bollard Pull (BP) Tug, “Bajrang” – delivered to Indian Navy
• Contract for the construction & delivery of 3 ‘25T BP Tugs’ – concluded with M/s Shoft Shipyard Pvt Ltd, Thane
130. Adani Defence & Aerospace, the defence arm of the Adani Group, has signed an agreement with France-based Thales
Group to manufacture 70mm rockets in India. This partnership is part of ‘Make in India’ and ‘Aatmanirbhar Bharat’ vision
for India’s growing defence industry. In June, Adani Defence & Aerospace also signed a significant agreement with EDGE
Group to establish a global platform leveraging the defence and aerospace capabilities of both companies. {Read More}
Smart Points:
• Adani Defence & Aerospace + Thales Group (France) = an agreement to manufacture 70mm rockets in India
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• HQs of Adani Defence & Aerospace – Ahmedabad, Gujarat | CEO – Ashish Rajvanshi
• HQs of Thales Group – La Defense, France | CEO – Patrice Caine | Founded in – 2000
131. India is set to host the “28th Malabar” naval exercise in the Bay of Bengal with its
Quad allies United States (US), Japan, and Australia in October 2024, focusing on
advanced anti-submarine warfare. This multinational event aims to boost military
coordination and combat skills amid rising tensions exacerbated by China’s
assertiveness in the South China Sea and Indian Ocean Region. Sydney hosted the
exercise in August 2023 and Japan in 2022. India is also set to host its inaugural
“Tarang Shakti” air combat exercise in August-September 2024. This exercise will involve not only Quad members but also
air forces from countries such as the UK, France, Germany, UAE, and Singapore. {Read More}
Smart Points:
• India – to host “28th Malabar” naval exercise in Bay of Bengal in Oct 2024 with its Quad allies
• Aim: To boost military coordination & combat skills amid rising tensions by China in South China Sea & IOR
• Last editions hosted by – Sydney (Aug 2023) | Japan (2022)
• India – to host its inaugural “Tarang Shakti” air combat exercise in Aug-Sep 2024
- It will involve air forces of Quad countries, UK, France, Germany, UAE, Singapore, etc.
• QUAD countries – 4: India, US, Japan & Australia
132. Indian Army received the 1st batch of ‘Kalashnikov AK-203’ assault rifles from
Indo-Russian Rifles Private Limited (IRRPL) - a joint venture between India and
Russia. The AK-203 assault rifle is a version of the AK-200 rifle chambered for the
7.62×39mm cartridge. The rifle is intended to replace the ‘INSAS’ rifle that was
inducted over three decades ago. Under an over Rs 5000 crore contract signed in
July 2021, over 6.1 lakh ‘AK-203’ assault rifles are to be manufactured in India
with technology transfer from Russia, by a joint venture IRRPL. The IRRPL was set
up in 2019 between the erstwhile Ordnance Factory Board (now known as Directorate of Ordnance) of India and
Rosoboronexport (RoE) and Kalashnikov of Russia. As per contractual terms, the 1st 70,000 rifles will be produced in India
with a localization from 5% to 70%. While, the remaining rifles will be produced with 100% localization. {Read More}
Smart Points:
• Indian Army – received 1st batch of ‘Kalashnikov AK-203’ assault rifles from IRRPL (a JV between India & Russia)
• AK-203 assault rifle – a version of AK-200 rifle chambered for 7.62×39mm cartridge | To replace – ‘INSAS’ rifle
• IRRPL – to manufacture 6.1 lakh+ ‘AK-203’ assault rifles in India | Contract signed in – July 2021 | With – Rs 5000 Cr
• As per contract: 1st 70,000 rifles – produced in India with 5% to 70% localization | Remaining – 100% localization
• OFB (India) + Rosoboronexport & Kalashnikov (Russia) = set up IRRPL in 2019
• HQs of Indian Army – New Delhi | Chief – General Manoj Pande | Vice Chief – Lt. Gen. Upendra Dwivedi
• HQs of IRRPL – Korwa, Amethi, UP | MD & CEO – General SK Sharma | Founded in – 2019
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133. India successfully flight-tested phase-II of its ballistic missile defence system, AD Endo-
atmospheric missile, demonstrating home-grown capabilities to defend against hostile
missiles having a range of 5,000 km. The missile defence system was tested at the Integrated
Test Range (ITR) in Chandipur, Odisha, and it fully met all the trial objectives, validating the
complete network-centric warfare weapon system. The phase-II AD endo-atmospheric
missile is an indigenously developed two-stage solid propelled ground-launched missile system meant for neutralising many
types of enemy ballistic missile threats in the altitude bracket of endo to low exo-atmospheric regions. The exo-atmospheric
missiles are capable of completing missions in the uppermost region of the earth’s atmosphere. The endo-atmospheric
missiles are the ones that operate within the earth’s atmosphere that cover an altitude below 100 km. A number of state-
of-the-art indigenous technologies developed by various DRDO laboratories have been incorporated into the missile system.
{Read More}
Smart Points:
• India – successfully flight-tested phase-II of its ballistic missile defence system, ‘AD Endo-atmospheric missile’
• Range – 5,000 km | Tested at – Integrated Test Range in Chandipur, Odisha
134. The Defence Research and Development Organisation (DRDO) has commissioned a
Bengaluru-based Accord Software and Systems Pvt Ltd (ASSPL) firm to indigenously develop a
receiver chip to acquire and disseminate Indian time for Navigation using the Indian
Constellation (NavIC) developed by the Indian Space Research Organisation (ISRO). The Indian
Regional Navigation Satellite System (IRNSS) satellites, through NavIC, aim to provide
directional mapping support to land, rail and air-based users to find routes to destinations more
easily. Presently, the service is largely dependent on the Global Positioning System (GPS) provided by the US constellation
of navigation satellites. While ISRO has successfully launched the IRNSS satellites, DRDO is focusing on developing a receiver
chip specifically designed for NavIC. This chip will be crucial for receiving and disseminating IRNSS Network Timing (IRNWT).
DRDO and ASSPL are developing a fully Indigenous receiver chip suitable for both defence and commercial applications. The
need for this arose after the experience during the Kargil War where India’s request to the US for the use of GPS technology
for information of the area was denied. ASSPL is one of the seven private firms with which DRDO has partnered under the
Technology Development Fund scheme. {Read More}
Smart Points:
• DRDO – commissioned Accord Software & Systems Pvt Ltd (Bengaluru) to indigenously develop a receiver chip
• To acquire & disseminate Indian time for NavIC, developed by ISRO
• IRNSS satellites aim to provide directional mapping support to land, rail & air-based users to find routes to destinations
• This chip will be crucial for receiving & disseminating IRNSS Network Timing (IRNWT)
• ASSPL – one of the 7 private firms with which DRDO has partnered under Technology Development Fund scheme
135. The Indian Army contingent will participate in the 21st edition of the multinational joint
military exercise “Khaan Quest 2024”, which is scheduled to be held in Mongolia from July
27 to August 9. Exercise “Khaan Quest” aims to prepare the Indian Armed Forces for
peacekeeping missions while operating in a multinational environment, thereby increasing
interoperability and military readiness in peace support operations under Chapter VII of the
United Nations Charter. The exercise first started as a bilateral event between the United States (US) and Mongolian Armed
Forces in the year 2003. Subsequently, from the year 2006 onwards the exercise graduated to a multinational peacekeeping
exercise. On 3 July, the 16th edition of the India-Mongolia Joint Military Exercise, “Nomadic Elephant 2024” also concluded
at the Joint Training Node in Umroi, Meghalaya. The last edition was conducted in Mongolia in July 2023. {Read More}
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Smart Points:
• 21st “Khaan Quest 2024”, multinational joint military exercise – to be held in Mongolia | From – Jul 27-Aug 9
• Aim: To prepare Indian Armed Forces for peacekeeping missions while operating in a multinational environment
• Khaan Quest – started as a bilateral event between US & Mongolia in 2003 | 2006 – became multinational
• 16th edition of “Nomadic Elephant 2024,” India-Mongolia Joint Military Exercise – concluded in Umroi, Meghalaya
- Last edition – held in Mongolia | In – July 2023
136. The United States has decided to bolster its defence capabilities by equipping its
fighter aircraft with a new hypersonic missile named ‘Mako’. The Mako missile,
developed by Lockheed Martin, is a multi-mission weapon designed for diverse attack
scenarios, including surface, sea, air, and air defence systems. The Mako missile can
be installed in fourth, fifth, and sixth-generation stealth fighter aircraft, enhancing the
combat capabilities of the US military. The development of the Mako missile comes in
response to Russia’s deployment of the ‘Kinjal’ (or Kinzhal and KH-47M2) hypersonic missile. Russia’s Kinjal missile travels
at speeds exceeding Mach 10, making it difficult for existing defence systems to intercept. {Read More}
Smart Points:
• US – to bolster its defence capabilities by equipping its fighter aircraft with a new hypersonic missile named ‘Mako’
• Developed by – Lockheed Martin | It can be installed in 4th, 5th & 6th-generation stealth fighter aircraft
• Russia – deployed ‘Kinjal’ (or Kinzhal and KH-47M2) hypersonic missile having speed exceeding Mach 10
Sports & Games

137. India’s Jyothi Yarraji won gold medal in the Women’s 100m Hurdles at the
“National Inter State Senior Athletics Championships” in Panchkula, Haryana. Jyothi
won with a timing of 13.06 seconds, while Pragyan Sahu of Odisha and Nithya Ramraj
of Tamil Nadu took the silver and bronze respectively. In Men’s 110m Hurdles, Tejas
Shirse won the gold medal with a timing of 13.54 seconds, while Manav of Tamil Nadu
and Madhvendra Shekhawat of Rajasthan took the silver and bronze respectively.
Both Jyothi and Tejas are most likely to qualify for Paris Olympics via World rankings. Moreover, Animesh Kujur of Odisha
won gold medal in Men’s 200m with timing of 20.65s, while Kerala’s Abdulla Aboobacker won gold in Triple jump with a
jump of 17m. Odisha’s Srabani Nanda won gold in Women’s 200m with timing of 23.89s, while Khyati Mathur of Uttar
Pradesh won gold in High jump with a jump of 1.86m. {Read more}
Smart Points:
• Gold medals won by athletes at “National Inter State Senior Athletics Championships” in Panchkula, Haryana:
- Jyothi Yarraji (13.06s) – in Women’s 100m Hurdles
- Tejas Shirse (13.54s) – in Men’s 110m Hurdles
- Animesh Kujur (20.65s) – in Men’s 200m
- Abdulla Aboobacker (17m) – in Triple jump
- Srabani Nanda (23.89s) – in Women’s 200m
- Khyati Mathur (1.86m) – in High jump
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138. India won the ICC Men’s T20 World Cup 2024 (9th edition), second time,
by defeating South Africa in the final. Indian team, led by Rohit Sharma, won
by 7 runs. India is the 3rd country to win this tournament twice (2007 & 2024),
after England & West Indies. With this title win India ended their 17 years of
wait for an ICC trophy. The 2024 edition of the Men’s ICC T20 Cricket World
Cup was held in the USA and the West Indies from June 2 to 29, 2024. The final
was held at Kensington Oval stadium in Bridgetown, Barbados, North America.
The tournament featured 20 teams competing across 55 games. In this 2024
World Cup, Afghanistan’s Rahmanullah Gurbaz was the ‘Top Run-scorer’,
amassing 281 runs in 8 matches. Afghanistan’s Fazalhaq Farooqi was the ‘Highest Wicket-taker’, claiming 17 wickets in 8
matches. Jasprit Bumrah was named ‘Player of the Series’. While, Hardik Pandya has become the No. 1 ranked all-rounder
in the latest ICC Men’s T20I Rankings update. The ICC T20 Cricket World Cup is a prestigious global tournament organised
by the International Cricket Council (ICC) every two years. The inaugural edition of the ICC Men’s T20 World Cup took place
in South Africa in 2007, with India emerging victorious by defeating Pakistan. The trophy given to the winning team of the
ICC Men’s T20 World Cup final was made by Links of London. It is made of silver and rhodium metals. The trophy weighs
about 7.5 kg. Moreover, Indian cricket team captain Rohit Sharma and Virat Kohli announced their retirements from T20s
after helping India win their second ICC T20 World Cup title. All-rounder Ravindra Jadeja also announced his retirement from
T20I a day after India’s T20 World Cup 2024 triumph. {Read more}
Smart Points:
• India (led by Rohit Sharma) – won the “ICC Men’s T20 World Cup 2024 (9th edition)” by defeating South Africa
• India is the 3rd country to win this tournament twice (2007 & 2024), after England & West Indies
• ICC Men’s T20 World Cup 2024 was held in – USA & West Indies | Final was held in – Bridgetown, Barbados (US)
• The tournament featured 20 teams competing across 55 games
• No. 1 ranked all-rounder in the latest ICC Men’s T20I Rankings update – Hardik Pandya
• Player of the Series – Jasprit Bumrah
• Top Run-scorer – Rahmanullah Gurbaz (Afghanistan) | Highest Wicket-taker – Fazalhaq Farooqi (Afghanistan)
• ICC T20 Cricket World Cup is held every two years | 1st edition took place in South Africa in 2007 – won by India
• Trophy is made – Links of London | It is made of silver & rhodium metals | Weight – 7.5 kg
• Rohit Sharma & Virat Kohli – announced their retirements from T20s
• Ravindra Jadeja – announced his retirement from T20I
• HQs of ICC – Dubai, UAE | Chairman – Greg Barclay | CEO – Geoff Allardice | Members – 108 countries
139. The 54-year-old Viswanathan Anand, the 5-time world champion, showcased his exceptional skills
once again by defeating Jaime Santos Latasa from Spain with a score of 3-1 in the finals, securing his
10th victory at the ‘Leon Masters Chess Championship’. Mr Anand won his first title at ‘Leon Masters’
28 years ago in 1996. The tournament featured 4 players, including Anand’s compatriot Arjun Erigaise,
and Bulgarian Veselin Topalov. {Read more}
Smart Points:
• Winner of ‘Leon Masters Chess Championship’ – Viswanathan Anand (10th time) | Defeated – Jaime Santos Latasa (Spain)
• He won his first title at ‘Leon Masters’ – in 1996 | Other 2 players – Arjun Erigaise (India) & Veselin Topalov (Bulgaria)
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140. Anush Agarwalla, an Asian Games medallist, has been selected by the Equestrian Federation of
India (EFI) to represent the nation in the dressage event at the 2024 Paris Olympics. This marks a
historic moment for India, as it will be the country’s inaugural entry in the Olympic dressage
competition. Agarwalla, riding his horse Sir Caramello Old, has consistently met the Minimum
Eligibility Requirement (MER) four times since the qualification period commenced last year. {Read
more}
Smart Points:
• Anush Agarwalla – selected by Equestrian Federation of India to represent India in dressage event at 2024 Paris Olympics
- It will mark India’s inaugural entry in the Olympic dressage competition
• Anush Agarwalla (an Equestrian) – rides ‘Sir
• Caramello Old’ horse
141. India’s two-time Olympian Vinesh Phogat won the gold medal in the women’s 50kg category in the
“2024 Grand Prix of Spain” international continental wrestling championship in Montmeló, Spain. The
29-year-old Vinesh defeated Mariia Tiumerekova of Russia. {Read more}
Smart Points:
• “2024 Grand Prix of Spain” international continental wrestling championship – held in Montmeló, Spain
• Vinesh Phogat – won gold medal in women’s 50kg category | Defeated – Mariia Tiumerekova (Russia)
142. London Olympics bronze medallist shooter Gagan Narang has replaced Mary Kom as India’s
Chef-de-Mission for the ‘Paris Olympics 2024’. Narang’s elevation from deputy CDM’s position was
an automatic choice in the wake of Mary Kom’s resignation. While, ace shuttler PV Sindhu will be
the female flag bearer during the opening ceremony on July 26, alongside ace table tennis player
Achanta Sharath Kamal. The International Olympic Committee (IOC), in 2020, had changed its
protocol to allow one female and one male athlete of each NOC to bear the flag jointly during the opening ceremony of the
Summer Games. {Read more}
Smart Points:
• Gagan Narang (shooter) – replaced Mary Kom as India’s Chef-de-Mission for ‘Paris Olympics 2024’
• Flag bearers during opening ceremony (July 26): Female – PV Sindhu | Male – Achanta Sharath Kamal
• HQs of IOC – Lausanne, Switzerland | President – Thomas Bach | Established in – 1894
143. India’s Dhruv Sitwala and Anupama Ramachandran clinched the men’s Asian Billiards and
women’s Snooker titles at the “2024 Asian Billiards Championship” in Riyadh, Saudi Arabia. Dhruv
Sitwala defeated Pankaj Advani. While, Anupama defeated Panchaya Channoi of Thailand. It is
the third Asian billiards title for Dhruv. Recently, Indian cueist Pankaj Advani was inducted into
the Hall of Fame at the World Billiards Museum in Shangrao City in China. He was as honoured
with the Arjuna Awards in 2005, Padma Bhushan in 2018 & Padma Shri in 2009. {Read more}
Smart Points:
• “2024 Asian Billiards Championship” – held in Riyadh, Saudi Arabia
• Men’s Asian Billiards title – Dhruv Sitwala (3rd title) | Defeated – Pankaj Advani (India)
• Women’s Snooker title – Anupama Ramachandran | Defeated – Panchaya Channoi (Thailand)
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144. India’s wrestling contingent has won a total of 24 medals in women’s wrestling, Greco-Roman, and Men’s Freestyle
categories at the “Under 23 Asian Wrestling Championship 2024” in Amman, Jordan. India won a total of 6 gold and 4 silver
medals in the Women’s wrestling. Meenakshi (50kg), Pushpa Yadav (59kg), Priya Malik (76kg), Reena (57kg), Nitika (62kg),
& Antim (65kg) each won gold medal in Women’s wrestling. In the Greco-Roman category, Indian wrestlers achieved 6
medals (4 silver & 2 bronze). While 4 gold, 2 silver & 2 bronze medals were clinched by Indian wrestlers in the Men’s Freestyle
wrestling category. 4 gold medalists are - Abhimanyou (70kg), Jointy Kumar (92kg), Sahil Jaglan (97kg) and Anirudh Kumar
(125kg). India has topped the U-23 Men’s freestyle and Women’s wrestling ranking. Kazakhstan and Kyrgyzstan were ranked
2nd and 3rd in both categories. India was ranked 3rd in the Men’s Greco-Roman ranking, after Kazakhstan and Kyrgyzstan.
Smart Points:
• “Under 23 Asian Wrestling Championship 2024” – in Amman, Jordan
• India’s wrestling contingent won a total of 24 medals
- Women’s Wrestling: 10 medals (6 gold & 4 silver)
- Greco-Roman: 6 medals (4 silver & 2 bronze)
- Men’s Freestyle: 8 medals (4 gold, 2 silver & 2 bronze)
• India – topped the U-23 Men’s Freestyle and Women’s Wrestling ranking | 3rd in the Men’s Greco-Roman ranking
145. Gautam Gambhir, the former India opening batter, has been appointed as the India men’s cricket
team’s head coach. He succeeds Rahul Dravid. Gambhir has been handed charge of the team till the end
of 2027. Amol Mazumdar is the head coach of India women’s cricket team. While, the Cricket Advisory
Committee is headed by Ashok Malhotra. And Jay Shah is the Secretary of Board of Control for Cricket in
India (BCCI). {Read More}
Smart Points:
• Gautam Gambhir – appointed as India men’s cricket team’s head coach till 2027 (succeeding - Rahul Dravid)
• Amol Mazumdar – head coach of India women’s cricket team | Ashok Malhotra – head of Cricket Advisory Committee
• HQs of BCCI – Mumbai, Maharashtra | President – Roger Binny | Secretary – Jay Shah | Founded in – 1928
146. Indian trio of V. Jyothi Surekha, Parneet Kaur & Aditi Swami claimed its third
consecutive compound women’s team gold medal of the season in the “Archery World Cup
Stage-3” in Antalya, Turkey. Priyansh took the silver medal in the men’s individual event.
Dhiraj Bommadevara clinched bronze in the men’s recurve event. While, Bhajan Kaur &
Dhiraj Bommadevara secured another bronze in the mixed recurve event. With this, Indian
team finished their campaign at Antalaya with 4 medals (1 gold, 1 silver & 2 bronze). {Read
More}
Smart Points:
• “Archery World Cup Stage-3” – held in Antalya, Turkey
• India – finished with 4 medals (1 gold, 1 silver & 2 bronze)
• Gold: V. Jyothi Surekha, Parneet Kaur & Aditi Swami – in Compound women’s team
• Silver: Priyansh – in Men’s individual event
• Bronze: Dhiraj Bommadevara – in Men’s recurve event | Bhajan Kaur & Dhiraj Bommadevara – in Mixed recurve event
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147. Singapore will host the “FIDE World Championship Match 2024” between India’s
chess sensation D Gukesh and defending champion Ding Liren from China. The match will
be held between November 20 and December 15, 2024. Apart from Singapore, two
Indian cities - Delhi and Chennai - had also made the bid to host the World Championship
match. The clash between Gukesh and Ding will mark the first-ever World Chess
Championship match to be held in Singapore. {Read More}
Smart Points:
• Singapore – to host “FIDE World Championship Match 2024” between India’s D Gukesh & China’s Ding Liren
- 1st ever World Chess Championship match to be held in Singapore
• Singapore – Singapore – Dollar | PM – Lawrence Wong | President – Tharman Shanmugaratnam
• HQs of FIDE – Lausanne, Switzerland | President – Arkady Dvorkovich | Founded on – July 20, 1924
148. Carlos Alcaraz of Spain defeated Novak Djokovic of Serbia in the “Wimbledon 2024” in
Men’s Singles at the All England Lawn Tennis and Croquet Club in London, UK. This was the
4th Grand Slam Singles title for Carlos Alcaraz having won the French Open 2024, US Open
2022 and Wimbledon 2023 and 2024. At the age of 21, Alcaraz became the youngest man to
win the French Open (also known as Roland-Garros) and Wimbledon in the same season.
Novak Djokovic has appeared in 37 Grand Slam finals and won 24 of them, which is more than
any other man in history. In the Women’s Singles category, Barbora Krejcikova of the Czech Republic defeated Jasmine
Paolini of Italy in the final. Finland’s Harri Heliovaara and Great Britain’s Henry Patten won the Men’s Doubles title by
defeating Australian tennis duo Max Purcell and Jordan Thompson in the final. American Taylor Townsend and Katerina
Siniakova of the Czech Republic defeated Canadian Gabriela Dabrowski and New Zealand’s Erin Routliffe in the Women’s
Doubles title. Hsieh Su-wei of Taiwan and Jan Zielinski of Poland secured Mixed Doubles title by defeating the Mexican pair
Santiago Gonzalez and Giuliana Olmos. It was the 137th edition of the Wimbledon Championships and the 3rd Grand Slam
event of 2024. The tournament was played on grass courts. {Read More}
Smart Points:
• Winners of “Wimbledon 2024” held in London, UK:
- Men’s Singles – Carlos Alcaraz (Spain) | Defeated – Novak Djokovic (Serbia)
- Women’s Singles – Barbora Krejcikova (Czech Republic) | Defeated – Jasmine Paolini (Italy)
- Men’s Doubles – Harri Heliovaara (Finland) & Henry Patten (Great Britain)
- Women’s Doubles – Taylor Townsend (America) & Katerina Siniakova (Czech Republic)
- Mixed Doubles – Hsieh Su-wei (Taiwan) & Jan Zielinski (Poland)
• Carlos Alcaraz – 4th Grand Slam Singles title | Earlier 3 – French Open 2024, US Open 2022 & Wimbledon 2023
• Alcaraz – became youngest man (at 21 years) to win French Open & Wimbledon in same season
• Novak Djokovic – appeared in 37 Grand Slam finals & won 24 of them (highest)
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149. Argentina won its 2nd straight and record 16th Copa America title, by defeating
Colombia in the final of the 48th “Copa America” at Hard Rock Stadium in Florida,
US. Argentina have now won the greatest number of Copa America titles (16),
ahead of Uruguay (15), Brazil (9), Paraguay (2) & Chile (2). After winning the Copa
in 2021 and the World Cup in Qatar in 2022, Argentina has had three major
tournament titles in a row. Argentina joined Spain in completing a hat-trick of such
major titles. Argentina have won consecutive Copa America titles five times (1927-
1929, 1945-1946-1947, 1957-1959, 1991-1993, 2021-2024). Lionel Messi has now won a record 45 trophies for the club and
Argentina. Lautaro Martinez won the ‘Golden Boot’ award for scoring 5 goals in the tournament, while Argentina goal-
keeper Emiliano Martinez won the ‘Golden Glove’ award for not conceding a goal in 5 out of 6 matches. Columbia’s star
player James Rodriguez won the ‘Player of the Tournament’ award, known as ‘Golden Ball’ in Copa America. {Read More}
Smart Points:
• 48th “Copa America” – held at Hard Rock Stadium in Florida, US
• Argentina – won its 2nd straight & record 16th Copa America title (defeating Colombia)
• Highest Copa America titles won by: 1st – Argentina (16) | 2nd – Uruguay (15) | 3rd – Brazil (9)
• Argentina – had 3 major tournament titles in a row, after Spain | 1st – Copa (2021) | 2nd – World Cup in Qatar (2022)
• Argentina – won consecutive Copa America titles 5 times (1927-29, 1945-47, 1957-59, 1991-93, 2021-24)
• Lionel Messi – won a record 45 trophies for this club & Argentina
• ‘Golden Boot’ award – Lautaro Martinez (Argentina) | ‘Golden Glove’ award – Emiliano Martinez (Argentina)
• ‘Player of the Tournament’ award aka ‘Golden Ball’ in Copa America – James Rodriguez (Columbia)
150. Spain won their 4th men’s “UEFA European Championship” title by defeating England
in the final in Berlin, Germany. Spain is now the first team to have 4 Euro titles, breaking
the tie with Germany which also has three titles. Spain has previously won the
continental championship in 1964, 2008 and 2012. Spain’s Lamine Yamal, aged 17, was
named Young Player of the Tournament while his teammate Rodri was named Player of
the Tournament. Yamal is also the youngest ever to play as well as a goal scorer in the
Euro championship. {Read More}
Smart Points:
• “UEFA European Championship (Euro 2024)” – held in Berlin, Germany
• Men’s title – won by Spain (4th title) | Defeated – England
• Spain – first team to have 4 Euro titles (previously in 1964, 2008 & 2012) | Earlier – Germany & Spain had 3 titles each
• Young Player of the Tournament – Lamine Yamal (Spain) | Player of the Tournament – Rodri (Spain)
• Youngest ever player to play as well as a goal scorer in Euro championship – Lamine Yamal
151. The Indian team of six high school students has achieved a historic feat at the “International Mathematics Olympiad
(IMO) 2024”, securing the best ever performance since India’s debut in 1989. Rushil Mathur, Ananda Bhaduri, Adhitya
Ganesh, and Kanav Talwar clinched 4 gold medals for India, while Arjun Gupta secured a silver medal and Siddharth
Choppara received an honourable mention. The team, led by Professor Krishnan Sivasubramanian and Rijul Saini as the
deputy leader, finished 4th among 108 participating countries, with over 609 students in the competition. The Indian team
scored an impressive 167 points, just one mark behind South Korea, with the US, China, and South Korea taking the top
three spots. This outstanding performance marks India’s best result in the Olympiad in terms of medals won and rank
attained, surpassing the previous best rankings of 7th in 2001 and 1998. {Read More}
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Smart Points:
• Indian team of 6 students achieved a historic feat at the “International Mathematics Olympiad (IMO) 2024”
• 4 Gold medals for India – Rushil Mathur, Ananda Bhaduri, Adhitya Ganesh & Kanav Talwar
• 1 Silver medal – Arjun Gupta | Honourable mention – Siddharth Choppara
• Indian team: Led by – Prof. Krishnan Sivasubramanian & Rijul Saini (India’s debut in 1989)
• Top ranks: 1st – US | 2nd – China | 3rd – South Korea | 4th – India (167 points)
• It was India’s best rank (from previous 7th in 2001 & 1998)
152. The Nagaland Madrigal Singers representing India has won two gold medals at the “World
Choir Games 2024”, the Largest Choral Competition, held at Auckland, New Zealand. Over 11,000
singers from 42 countries participated at the event. Led by Hito Kiho, the Nagaland Madrigal Singers
competed in two prestigious categories namely Contemporary Music Mixed Voices and Mixed
Chamber Choir. They won gold medals in both categories. {Read More}
Smart Points:
• “World Choir Games 2024” (Largest Choral Competition) – held at Auckland, New Zealand
• India represented by – Nagaland Madrigal Singers | Won – 2 gold medals | Led by – Hito Kiho
• Gold won in 2 categories – Contemporary Music Mixed Voices & Mixed Chamber Choir
153. IndusInd Bank has launched “Wrestle for Glory” program, a CSR initiative of the Bank, in collaboration with the Inspire
Institute of Sport (IIS), a high-performance Olympic training facility headquartered in Vijayanagar, Bellary, Karnataka. This
program aims to empower 50 talented female wrestling athletes from across the country and provide them with coaching
at the esteemed IIS facility on fully-funded scholarships. The ‘Wrestle for Glory’ program has been launched as a part of the
‘IndusInd For Sports’ initiative, a non-banking sports vertical of the Bank, established in 2016. {Read More}
Smart Points:
• IndusInd Bank + IIS = launched “Wrestle for Glory” program, a CSR initiative of Bank
• Aim: To empower 50 female wrestling athletes & provide them with coaching at IIS facility on fully-funded scholarships
• ‘IndusInd For Sports’ initiative (a non-banking sports vertical of Bank) – established in 2016
• HQs of IndusInd Bank – Mumbai, MH | MD & CEO – Sumant Kathpalia | Tagline – “We Make You Feel Richer”
• HQs of IIS – Bellary, Karnataka | CEO – Rushdee Warley | Founded in – 2018
154. Nita Ambani, the founder of Reliance Foundation, is re-elected unanimously to the
International Olympic Committee (IOC) for a 2nd term after receiving 100% votes during the
‘142nd IOC Session’ in Paris. Nita Ambani was first appointed to join the prestigious body in
2016, at the Rio de Janeiro Olympic Games. Since then, as India’s first woman to join the IOC,
Nita Ambani has already made great efforts for the association, whilst also championing
India’s sporting ambitions and Olympic vision. This includes recently hosting the 1st IOC session in Mumbai for over 40 years,
in October 2023. The IOC members, natural persons, are representatives of the IOC in their respective countries, and not
their country’s delegate within the IOC. Reliance Foundation is at the forefront of driving India’s sports growth with its
programmes from grassroots to the elite reaching more than 22.9 million children and youth in India since its inception. The
organisation is focused on promoting a variety of sports across India, particularly in remote places where access to sports
and equipment is not a given. As part of a long-term partnership with the Indian Olympic Association (IOA), Reliance
Foundation opened the first-ever ‘India House’ at the Paris Olympics 2024. India House will be a home away from home for
athletes, a place to celebrate wins and share India’s Olympic journey with the world. {Read More}
https:// /#
Smart Points:
• Nita Ambani – re-elected to International Olympic Committee for a 2nd term during ‘142nd IOC Session’ in Paris
- 1st term – appointed in 2016, at Rio de Janeiro Olympic Games | She became India’s first woman to join IOC
• 1st IOC session for over 40 years – held in Mumbai in October 2023
• Reliance Foundation + IOA = opened first-ever ‘India House’ at Paris Olympics 2024
155. The ‘French Alps’ are set to host the “XXVI Olympic and Paralympic Winter Games
2030”. This decision was taken by the International Olympic Committee (IOC) Members
during the ‘142nd IOC Session’ in Paris. Their vote was subject to the submission of the
‘Games Delivery Guarantee’ under timelines set by the IOC Executive Board since this
was not possible before the host election due to constitutional reasons in the current
political context in France. The ‘Games Delivery Guarantee’ should be received from
the Prime Minister at the latest by 1 October 2024 and should be ratified by the French Parliament no later than 1 March
2025. ‘French Alps 2030’, known as ‘Alpes françaises 2030’, across the French-speaking world – aims to unite the north and
south French Alps and make them a hub for winter sport. Situated on the French-Italian border, the Alps are widely known
for offering some of the world’s best snow skiing. The renowned ‘Mount Blanc’, the highest summit in the Alps at 15,700
feet is part of the enormous Alps mountain range. It will be the 1st edition of the Olympic and Paralympic Winter Games to
fully integrate the principles of the ‘Olympic Agenda 2020 and 2020+5’, as well as new requirements on sustainability set by
the IOC’s Olympic Host Contract. The ‘142nd IOC Session’ also approved the initial sports programme for the Olympic Winter
Games 2030, as proposed by the IOC Executive Board. The 7 sports – biathlon, bobsleigh, curling, ice hockey, luge, skating
and skiing – will be governed by the relevant Winter International Sports Federations (IFs) listed in the Olympic Charter. The
2030 Winter Games will be the 1st time the event returns to France since the 1992 edition. The ‘2026 edition’ of the
prestigious tournament will be held in Italy. The 142nd IOC Session also selected ‘Salt Lake City, Utah’ as the host of the ‘XXVII
Olympic and Paralympic Winter Games 2034’. {Read More}
Smart Points:
• ‘French Alps’ – to host the “XXVI Olympic & Paralympic Winter Games 2030” | 142nd IOC Session – held in Paris
• Aim: To unite the north & south French Alps & make them a hub for winter sport
• 7 sports will be governed by – relevant Winter International Sports Federations (IFs) listed in Olympic Charter
- biathlon, bobsleigh, curling, ice hockey, luge, skating & skiing
• 2030 Winter Games – 1st time event returns to France (since - 1992) | 2026 edition – to be held in Italy
• ‘Salt Lake City, Utah’ – selected as host of ‘XXVII Olympic and Paralympic Winter Games 2034’
156. Sri Lanka secured their 1st Women’s Asia Cup T20 2024 by beating defending champions India
in Dambulla, Sri Lanka. This was India’s first-ever loss to Sri Lanka in a Women’s Asia Cup match
also just the 2nd time in their 9 final appearances that India failed to win the Women’s Asia Cup.
The previous such instance was in 2018 when Bangladesh beat India by three wickets.
Samarawickrama (Sri Lanka) was the ‘Player of the Match’ in the Final, while Chamari Athapaththu
(Sri Lanka) was the ‘Player of the Tournament’ for her 304 runs and 3 wickets in the event. It was the 9th edition of the
tournament and was held in Sri Lanka from 19 July to 28 July. {Read More}
Smart Points:
• 9th edition of Women’s Asia T20 2024 – held in Dambulla, Sri Lanka | From – July 19-18, 2024
https:// /#
• Sri Lanka – secured 1st Women’s Asia Cup T20 2024 (by defeating India)
• Player of the Match – Samarawickrama (Sri Lanka) | Player of the Tournament – Chamari Athapaththu (Sri Lanka)
Persons in News
157. On the occasion of the International Day for Women in Diplomacy, United Nations
General Assembly (UNGA) President, Dennis Francis, honoured Hansa Mehta, a feminist
leader, activist and diplomat from India, highlighting her pivotal role in shaping the
Universal Declaration of Human Rights (UDHR) to be more inclusive. Mehta is widely
credited for successfully arguing against references to ‘men’ as a synonym for ‘humanity’.
As the President of All India Women’s Conference (AIWC) in 1946, she led the drafting of
the ‘Indian Women’s Charter of Rights’, which demanded gender equality, civil rights and justice for women in India. She
was also part of the Constituent Assembly that drafted the Indian Constitution. {Read more}
Smart Points:
• Dennis Francis (UNGA President) – honoured Hansa Mehta (a feminist leader, activist & diplomat from India)
• For her pivotal role in shaping the Universal Declaration of Human Rights (UDHR) to be more inclusive
• She is widely credited for successfully arguing against references to ‘men’ as a synonym for ‘humanity’
• She led the drafting of the ‘Indian Women’s Charter of Rights’ as the President of AIWC in 1946
• HQs of UNGA – New York, US | 78th Session’s President – Dennis Francis (Trinidad & Tobago) | Members – 193
Arts & Cultural Affairs

158. The Department of Empowerment of Persons with Disabilities (Divyangjan), under Ministry of Social Justice &
Empowerment, in collaboration with the National Divyangjan Finance and Development Corporation (NDFDC), organized
‘Divya Kala Mela’, ‘Divya Kala Shakti’ & ‘Divyangjan Rozgar Mela’ at the Kalinga Institute of Industrial Technology (KIIT)
Campus in Bhubaneswar, Odisha. Prominent NGOs working for Divyangjan from 6 States - Uttar Pradesh, West Bengal, Bihar,
Jharkhand, Uttarakhand, & Odisha - participated in the event. The fair “Divya Kala Mela” will showcase vibrant products
crafted by over 190 Divyang artisans, artists, and entrepreneurs. While, Divya Kala Shakti highlights the talents and
capabilities of Divyangjan, promoting their inclusion in society through art and culture. Separate assessment camps were
organized by Swami Vivekanand National Institute of Rehabilitation Training and Research (SVNIRTAR), Odisha, in
collaboration with Artificial Limbs Manufacturing Corporation of India (ALIMCO), to assist persons with disabilities needing
aids and appliances. {Read more}
Smart Points:
• DEPwD + NDFDC = organized ‘Divya Kala Mela’, ‘Divya Kala Shakti’ & ‘Divyangjan Rozgar Mela’ at KIIT, Bhubaneswar
• NGOs from 6 States participated – UP, West Bengal, Bihar, Jharkhand, Uttarakhand & Odisha
• SVNIRTAR + ALIMCO = organized separate assessment camps to assist PWDs needing aids & appliances
• Minister of Social Justice & Empowerment: Dr. Virendra Kumar | Constituency – Tikamgarh, Madhya Pradesh
MoS in Ministry of Social Justice & Empowerment: Ramdas Athawale & B. L. Verma
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159. The “Charaideo Moidams”, a unique 700-year-old mound-burial system of the Ahom
dynasty from Assam, is officially inscribed on the United Nations Educational, Scientific and
Cultural Organization (UNESCO) World Heritage List becoming the 43rd property from India
and ‘1st cultural property from the Northeast’ to be included in the prestigious index. This is
the 3rd World Heritage Property from Assam, following ‘Kaziranga National Park’ and ‘Manas
Wildlife Sanctuary’, both inscribed under the Natural category in 1985. The Moidams of
Choraideo, which celebrate and preserve royal lineage through colossal architecture, are
comparable to the pyramids of Egyptian pharaohs and royal graves in ancient China. These are earthen burial mounds of
the members of the Ahom royalty whose 600-year rule was ended by the British takeover of the region. They enshrine the
mortal remains of Ahom rulers apart from their belongings. The name ‘Moidam’ is derived from the Tai words ‘Phrang-Mai-
Dam’ or ‘Mai-Tam’ - meaning to bury the spirit of the dead. India became a member of the World Heritage Committee from
2021-25 and has hosted its first-ever session (overall 46th) since joining UNESCO’s World Heritage Convention of 1972. India
has successfully inscribed 13 World Heritage Properties in the last decade and now stands at the 6th position globally for the
most number of World Heritage Properties. {Read More}
Smart Points:
• Charaideo Moidams – 1st cultural property from Northeast to be officially inscribed on UNESCO World Heritage List
- It is a unique 700-year-old mound-burial system of Ahom dynasty from Assam | 43rd property from India
- 3rd property from Assam | 1st – Kaziranga National Park (1985) | 2nd – Manas Wildlife Sanctuary (1985)
• India – became a member of World Heritage Committee from 2021-25
• India hosted its first-ever session (overall 46th) UNESCO’s World Heritage Convention – 1972
• India – ranked 6th globally for most number of World Heritage Properties (13 in last decade)
Science & Technology

160. SpaceX has successfully launched the 4th and final satellite for NASA’s “National Oceanic and Atmospheric
Administration (NOAA)” programme. The series of advanced satellites called “GOES-R” (Geostationary Operational
Environmental Satellite) are expected to aid with continuous coverage of weather and hazardous environmental conditions
across much of the Western Hemisphere. The satellite GOES-U was launched on a SpaceX Falcon Heavy rocket from NASA’s
Kennedy Space Center in Florida, US. Once GOES-U is in a geostationary orbit, about 22,200 miles above Earth, it will be
renamed ‘GOES-19’. GOES-U is the first of the four to include a coronagraph, called the ‘Compact Coronagraph-1 (CCOR-1)’.
Coronagraphs block the Sun’s disk and allow observation of its outermost layer, called the corona. {Read more}
Smart Points:
• SpaceX – launched 4th & final satellite, “GOES-U”, for NASA’s “National Oceanic & Atmospheric Administration (NOAA)”
programme
• Aim: To aid with continuous coverage of weather & hazardous environmental conditions
• GOES-U – Geostationary Operational Environmental Satellite | Launched on – SpaceX Falcon Heavy rocket
• GOES-U is the first of the four to include a coronagraph, called the ‘Compact Coronagraph-1 (CCOR-1)’
• HQs of SpaceX – California, U.S. | Founder & CEO – Elon Musk | Founded in – 2002
• HQs of NASA – Washington D.C., US | Administrator – Bill Nelson | Founded in – 1958
https:// /#
161. The Australian government has entered into an $18 million MoU with NewSpace India Limited (NSIL), the commercial
arm of the Indian Space Research Organisation (ISRO). The mission, named “Space MAITRI” (Mission for Australia-India’s
Technology, Research and Innovation), marks a significant milestone in the strategic partnership between Australia and India
in the space domain. Under the partnership, Australian firm Space Machines will launch a satellite inspection and
observation payload aboard ISRO’s Small Satellite Launch Vehicle (SSLV) in 2026. In April, the ‘Space MAITRI’ project had
received an $8.5 million grant from the Australian Government through the Australian Space Agency’s ‘International Space
Investment India Projects (ISI India Projects)’ programme. {Read more}
Smart Points:
• Space Machines (Australia) + NSIL (India) = an $18 million MoU for “Space MAITRI” mission
• MAITRI – Mission for Australia-India’s Technology, Research and Innovation
• Space Machines will launch a satellite inspection and observation payload aboard ISRO’s SSLV in 2026
• In April, ‘Space MAITRI’ project had received an $8.5 million grant from Australia through ‘ISI India Projects’
• Australia – Canberra – Australian Dollar | PM – Anthony Albanese
• HQs of NSIL – Bangalore, Karnataka | CMD – Radhakrishnan Durairaj (an arm of ISRO)
162. Russia has approved the schedule for the creation of a Russian Orbital Station by 2033. Russia’s state space corporation,
Roscosmos, said that the schedule includes the design and construction of the space modules, flight tests of a new-
generation manned spaceship, the creation of launch vehicles and space infrastructure on Earth, and a timetable for the
work of scientific institutes supporting the project. The scientific and energy modules will be launched first in 2027, and 3
other core modules, namely the universal nodal, gateway, and base modules, will be launched by 2030. Two other target
modules are scheduled to be launched by 2033. A total of 608.9 billion rubles has been allocated to finance the project.
{Read more}
Smart Points:
• Russia approved schedule for creation of a ‘Russian Orbital Station’ by 2033 (financial outlay - 608.9 billion rubles)
- Scientific & energy modules will be launched in 2027
- 3 other core modules - Universal Nodal, Gateway & Base Modules - will be launched by 2030
- 2 other target modules will be launched by 2033
163. IIT Madras has signed an MoU with University of Leeds, England, to set up a ‘Joint Virtual Centre of Excellence on
Sustainable Development (VCoE-SD)’. The project proposes multidisciplinary teams to lead research and innovation in global
challenges. There will be exchange of research and teaching personnel, student placements and exchanges besides sharing
of publications and other materials of mutual interest. The university has been collaborating with India for 25 years. {Read
more}
Smart Points:
• IIT Madras + University of Leeds (England) = an MoU to set up a ‘Joint Virtual Centre of Excellence on Sustainable
Development (VCoE-SD)’
• Director of IIT Madras – V. Kamakoti
https:// /#
164. Researchers from the Indian Institute of Science (IISc), Bengaluru, have designed a
novel “3D Hydrogel Culture System” that mimics the mammalian lung environment. It
provides a powerful platform to track and study how tuberculosis bacteria infect lung cells
and test the efficacy of therapeutics used to treat TB. Mycobacterium tuberculosis (Mtb)
is a dangerous pathogen. In 2022, it affected 10.6 million people and caused 1.3 million
deaths, according to the WHO. {Read more}
Smart Points:
• IISc Bengaluru (researchers) – designed a novel “3D Hydrogel Culture System” to mimic mammalian lung environment
• WHO: Mycobacterium tuberculosis (Mtb) – affected 10.6 million people & caused 1.3 million deaths in 2022
• Director of IISc Bengaluru – Prof. Govindan Rangarajan
165. The Space Exploration and Research Agency (SERA) and Blue Origin have announced India as a partner nation in their
human spaceflight programme. SERA, a US-based agency, will offer citizens from across the world six seats on a future
mission of ‘New Shepard’, a reusable suborbital rocket of Blue Origin. New Shepard will fly the selected astronauts on an
11-minute journey past the Kármán line (100 km), the internationally recognised boundary of space. Besides India, Nigeria
& Maldives will each be allotted a seat on the mission. {Read more}
Smart Points:
• SERA (US) + Blue Origin = announced India as a partner nation in their human spaceflight programme
• Besides India, Nigeria & Maldives will each be allotted a seat on the mission.
• SERA – to offer 6 seats on a future mission of ‘New Shepard’, a reusable suborbital rocket of Blue Origin
• New Shepard – will fly selected astronauts on an 11-minute journey past the Kármán line (100 km)
- Kármán line – internationally recognised boundary of space
• HQs of Blue Origin – Washington, US | CEO – Dave Limp
166. Indian army has inducted the first-ever indigenous chip-based 4G mobile base
station, procured from Bangalore-based firm Signaltron through the Government
e-Marketplace (GeM) portal. The chip used in the Sahyadri LTE base stations has
been developed by Signalchip, a fabless semiconductor company founded by
Signaltron Founder Himamshu Khasnis and his team. Subsequently, Signaltron also
won the competitive bid to supply the equipment. Weighing just 7 kgs, Sahyadri
Network In a Box (NIB) systems provide high-quality secure wireless
communication for audio, video and data applications. Khasnis said the Indian base
station market is expected to be about $24 billion by 2029. While, CNPN (Captive Network-Private Network) 4G/5G market
worldwide is expected to cross $30 billion by 2030. {Read more}
Smart Points:
• Indian army – inducted first-ever indigenous chip-based 4G mobile base station (expected to about $24 bn by 2029)
• Procured from – Signaltron (Bangalore) through GeM portal
• Chip used in Sahyadri LTE base stations is developed by – Signalchip (founded by Himamshu Khasnis, Signaltron Founder)
• Indian base station market – expected to reach $24 billion by 2029
• CNPN (Captive Network-Private Network) 4G/5G market worldwide – expected to cross $30 billion by 2030
• HQs of Indian Army – New Delhi | Chief – General Manoj Pande | Vice Chief – Lt. Gen. Upendra Dwivedi
https:// /#
167. OpenAI has recently unveiled “CriticGPT”, which is a new artificial intelligence (AI) tool based on
GPT 4 and helps to find errors produced by the popular chatbot, ChatGPT. Unlike the other large
language models (LLMs) from the company, CriticGPT is designed to write critiques of ChatGPT
responses to help human trainers or coders spot mistakes during reinforcement learning from human
feedback. CriticGPT improves code review outcomes by more than 60% as compared to previous models. {Read more}
Smart Points:
• OpenAI – unveiled “CriticGPT”, a new AI tool based on GPT 4 & helps to find errors produced by ChatGPT
• CriticGPT improves code review outcomes by more than 60% as compared to previous models
• HQs of OpenAI – California, US | CEO – Sam Altman | President – Greg Brockman
168. India’s first solar mission “Aditya-L1” spacecraft completed its first halo orbit
around the Sun-Earth L1 point. The Aditya-L1 mission, which is an Indian solar
observatory at Lagrangian point L1, was launched on September 2, 2023 and was
inserted in its targeted halo orbit on January 6, 2024. According to ISRO, Aditya-L1
spacecraft in the halo orbit takes 178 days to complete a revolution around the L1 point.
The orbit of Aditya-L1 spacecraft is a periodic Halo orbit which is located roughly 1.5
million km from earth on the continuously moving Sun-Earth line with an orbital period
of about 177.86 earth days. Aditya-L1 was designed and realised at UR Rao Satellite Centre (URSC). {Read more}
Smart Points:
• India’s first solar mission “Aditya-L1” spacecraft completed its first halo orbit around the Sun-Earth L1 point
• Aditya-L1 mission: Launched on – Sep 2, 2023 | Inserted in its targeted halo orbit – on Jan 6, 2024
• Aditya-L1 was designed at – UR Rao Satellite Centre (URSC)
• Aditya-L1 spacecraft in the halo orbit takes 178 days to complete a revolution around the L1 point
• Orbit of Aditya-L1 spacecraft – located roughly 1.5 million km from earth | Orbital period – about 177.86 earth days
169. Japan has launched an Earth observation satellite called, “Advanced Land Observation
Satellite-4 (ALOS-4)”, also known as “DAICHI-4”, aboard Japan’s H3 rocket. The H3 rocket lifted
off from the Tanegashima Space Center. The launch follows the H3’s successful second flight in
February and H3’s inaugural launch in March 2023 suffered a second stage engine failure. The
failure led to the delay of Japan’s Martian Moons eXploration, or MMX, mission, which aims to
collect samples from the Martian moon Phobos and return them to Earth. The mission will now
target a Martian launch window in 2026. ALOS-4, built by prime contractor Mitsubishi Electric
Corporation, carries a phased array type L-band synthetic aperture radar (PALSAR-3). The satellite also carries an Automatic
Identification System for ships (AIS) receiver to monitor oceans by receiving AIS signals from vessels. {Read More}
Smart Points:
• Japan – launched an EOS, “Advanced Land Observation Satellite-4 (ALOS-4)”, aka “DAICHI-4”, aboard H3 rocket
• From – Tanegashima Space Center | Built by – Mitsubishi Electric Corporation
• Japan’s Martian Moons eXploration (MMX) mission – aims to collect samples from moon Phobos & return to Earth
• This mission will now target a Martian launch window in – 2026
• It also carries an ‘Automatic Identification System (AIS)’ for ships receiver to monitor oceans
https:// /#
170. North Korea has test-fired a new tactical ballistic missile, “Hwasongpho-11 Da-4.5”, capable of carrying 4.5-ton super-
large warhead. The test was meant to verify the weapon’s flight stability and hit accuracy at the maximum range of 500
kilometres and the minimum range of 90 kilometres. A super-large warhead, along with a spy military satellite and solid-fuel
intercontinental ballistic missiles, was among the advanced weapons that North Korean leader Kim Jong Un vowed to
develop at a party congress in 2021. {Read More}
Smart Points:
• North Korea – test-fired a new tactical ballistic missile, “Hwasongpho-11 Da-4.5”
• It is capable of carrying 4.5-ton super-large warhead
• The test verified weapon’s flight stability & hit accuracy at the maximum range of 500 km & minimum range of 90 km
• North Korea – Pyongyang – North Korean won | President – Kim Jong-un
171. BlinkX, the digital stockbroking arm of JM Financial, has set up “BlinkX Gen AI Lab”
for operational efficiencies and enhancing customers’ experiences. It is India’s first Gen
AI lab in the stock broking industry. The Gen AI Lab, based in Mumbai, has a dedicated
team of in-house researchers and developers who aim to drive consistent innovations to
deliver personalised trading strategies, risk management, portfolio optimisation, and
faster decision-making capabilities to customers. The AI-driven Hyper Personalised Nudge Engine will send personalized
nudges to customers based on their behavior and channel preference. Additionally, the company has also introduced “BlinkX
Insights”, a GPT equivalent for financial information. This model excels in various natural language processing tasks, like
identifying entities, generating information from data, and analyzing. BlinkX by JM Financial is one of India’s first ‘ClienTech’
organizations offering a new-age investment platform. {Read More}
Smart Points:
• BlinkX (JM Financial) – set up “India’s first Gen AI lab in the stock broking industry” in Mumbai
• Aim: To deliver personalised trading strategies, risk management, portfolio optimisation, etc.
• BlinkX – introduced “BlinkX Insights”, a GPT equivalent for financial information
• HQs of BlinkX – Mumbai, Maharashtra | MD – Gagan Singla
172. Christina Ernst, a software engineer at Google, has created “Medusa dress”, a world’s first AI dress.
It features robotic snakes that can detect and follow faces, making it both a technological marvel and a
fashion statement. The dress, equipped with four 3D-printed snakes, includes one snake that uses AI
technology to detect faces and mimic the head movements of a real snake. Christina Ernst is the Founder
of SheBuildsRobots.org, a platform which aims to educate girls on building robots. {Read More}
Smart Points:
• Christina Ernst – created “Medusa dress”, a world’s first AI dress
• It features robotic snakes that can detect & follow faces (equipped with four 3D-printed snakes)
• Christina Ernst – Founder of SheBuildsRobots.org
173. Union Minister for Science & Technology Dr. Jitendra Singh has launched “InFLiMeN” (Indo-
French Liver and Metabolic Disease Network) to prevent and cure metabolic liver diseases at
Institute of Liver and Biliary Sciences, New Delhi. InFLiMeN, launched in collaboration with
France, aims to address key issues related to a common metabolic liver disorder, non-alcoholic
fatty liver disease (NAFLD), which can progress to cirrhosis and primary liver cancer eventually.
The minister said, every third Indian has fatty liver, which predates Type 2 Diabetes and other
metabolic disorders. {Read More}
https:// /#
Smart Points:
• Dr. Jitendra Singh – launched “InFLiMeN” (Indo-French Liver & Metabolic Disease Network) | In collab with – France
• At – Institute of Liver & Biliary Sciences, New Delhi
• Aim: To address key issues related to a common metabolic liver disorder, non-alcoholic fatty liver disease (NAFLD)
• France – Paris – Euro | President – Emmanuel Macron | PM – Gabriel Attal
174. ISRO chairman S. Somanath launched the “Bhartiya Antriksh Hackathon (BAH) 2024”, a
nationwide competition for Indian students to tackle space-related challenges. This event is
part of the inaugural ‘National Space Day 2024’, to be observed on August 23. 12 problem
statements in the areas of geospatial domain, space science, image processing, and AI/ML areas
have been identified for the hackathon and declared open to undergraduate, postgraduate, and
PhD students across the country. A team of 3 to 4 students can participate and address the
challenges with innovative solutions. Initially, 100 teams will be selected based on their ideation and approach to problem-
solving and later 30 teams will be shortlisted by an expert committee for the 30-hour grand finale at NRSC, Hyderabad, on
August 13 and 14. {Read More}
Smart Points:
• ISRO – launched the “Bhartiya Antriksh Hackathon (BAH) 2024”, a nationwide competition for Indian students to tackle
space-related challenges
• This event is part of the inaugural ‘National Space Day 2024’, to be observed on August 23
• 12 problem statements have been identified for the hackathon and declared open to students
• Initially, 100 teams will be selected based on their ideation and approach to problem-solving
175. Institute of Chartered Accountants of India (ICAI) has collaborated with Ministry of Electronics and Information
Technology (MeitY) to jointly develop an “AI Audit Tool” to track performance of corporate India and detect corporate
frauds. The new tool will leverage artificial intelligence (AI) to guide and assist companies in remaining as ‘going concerns.’
The AI tool will be used to track performance of company, fraud reporting or any qualification. So far, ICAI has allocated ₹25
crore for building AI tools for benefit of over 9 lakh students and 4 lakh members. {Read More}
Smart Points:
• ICAI + MeitY = to jointly develop an “AI Audit Tool” to track performance of corporate India & detect corporate frauds
• HQs of ICAI – Kolkata, West Bengal | President – Ranjeet Kumar Agarwal | Vice-President – Charanjot Singh Nanda
• Minister of Electronics & Information Technology: Ashwini Vaishnaw | Constituency – Odisha
MoS in Ministry of Electronics & Information Technology: Jitin Prasada
176. China-based fusion energy company, Energy Singularity, has made the world’s first
high-temperature superconducting tokamak device, named “HH70.” It is located in the
eastern region of Shanghai. With this development, China made its foray into the fusion-
based clean energy market. This device is an ‘artificial sun’ because it works on the principle
of the nuclear fusion of hydrogen atoms that occurs in the sun. A tokamak is a machine that
controls the nuclear fusion of hydrogen atoms in superheated plasma via magnets. The
reaction creates helium and releases enormous energy, with no nuclear waste, unlike
nuclear fission. Energy Singularity plans to develop a second-generation tokamak by 2027 and a technology demonstrator
by 2030. ‘HH70’ is smaller and cheaper and it uses a magnetic system made from High-Temperature Superconducting (HTS)
material, commonly known as REBCO (Rare Earth Barium Copper Oxide). {Read More}
https:// /#
Smart Points:
• Energy Singularity (China) – made the world’s first high-temperature superconducting tokamak device, named “HH70”
• This device is an ‘artificial sun’ | It is located in – Shanghai, China
• Tokamak: a machine that controls the nuclear fusion of hydrogen atoms in superheated plasma via magnets
• Energy Singularity plans to develop a 2nd Gen tokamak by 2027 & a technology demonstrator by 2030
• ‘HH70’ – uses a magnetic system made from High-Temperature Superconducting (HTS) material, aka ‘REBCO’
• China – Beijing – Renminbi | President – Xi Jinping | PM – Li Qiang
177. The Indian Space Research Organisation (ISRO) has shortlisted two of its four trained Gaganyaan astronauts for “Axiom-
4”, a mission to the International Space Station (ISS), in collaboration with the NASA, later this year. It is the 4 th private
astronaut mission of NASA and a private US company Axiom Space. The mission aims to dock with the ISS for a 14-day
duration. Indian astronauts will receive training from NASA, international partners, and SpaceX, focusing on spacecraft
systems and emergency preparedness. The ISS is a large, permanently crewed laboratory that orbits Earth, 400km above its
surface. It's a collaboration between 15 countries and 5 space agencies namely NASA (United States), Roscosmos (Russia),
ESA (European Space Agency), JAXA (Japan Aerospace Exploration Agency), and CSA (Canadian Space Agency). {Read More}
Smart Points:
• ISRO + NASA = shortlisted 2 of the 4 trained Gaganyaan astronauts for “Axiom-4”, a mission to ISS
• Aim: To dock with ISS for a 14-day duration | It is 4th private astronaut mission of NASA & Axiom Space (US)
• NASA & SpaceX – will train Indian astronauts | ISS – orbits Earth, 400km above its surface
• ISS – a collaboration between 15 countries & 5 space agencies (NASA, Roscosmos, ESA, JAXA & CSA)
178. In an attempt to find proof of extraterrestrial life (aliens) and habitable planets
beyond the solar system by 2050, the National Aeronautics and Space Administration
(NASA) has announced to launch its cutting-edge “Habitable Worlds Observatory
(HWO)”, dubbed “Super Hubble” and “Alien-hunting” telescope, around 2040. The goal
of the HWO is to identify the numerous forms of biosignatures that are released by living
things and look for elements like oxygen and methane which could be crucial evidence of
life. ‘HWO’ is also expected to enable astronomers to study the evolution of the cosmos, including the birth and
development of galaxies and the universe in unprecedented resolution. As per NASA, ‘HWO’ will build upon studies
conducted for two earlier mission concepts called the ‘Large Ultraviolet Optical Infrared Surveyor (LUVOIR)’ and ‘Habitable
Exoplanets Observatory (HabEx)’. Nearly 25 Earth-like planets orbiting sun-like stars are identified by the NASA team as
possible candidates for additional research. ‘HWO’ will come to fruition after the launch of the ‘Nancy Grace Roman Space
Telescope’ which is slated for launch after May 2027. With the combined powers of the “James Webb Space Telescope”, the
“Hubble Telescope”, and the “HMO”, scientists are hopeful to find clues that might prove we are not alone in the universe.
{Read More}
Smart Points:
• NASA – to launch “Habitable Worlds Observatory”, aka “Super Hubble” & “Alien-hunting” telescope, around 2040
• Aim: To find proof of extraterrestrial life (aliens) and habitable planets beyond the solar system by 2050
• ‘HWO’ – will build upon studies conducted for 2 earlier mission concepts called ‘LUVOIR’ & ‘HabEx’
- LUVOIR – Large Ultraviolet Optical Infrared Surveyor | HabEx – Habitable Exoplanets Observatory
https:// /#
• ‘Nancy Grace Roman Space Telescope’ – slated for launch after May 2027
179. Tech Mahindra has launched “Project Indus”, its indigenous foundational model designed to converse in multiple Indic
languages and dialects. The first phase of the large language model (LLM) will support the Hindi language and more than 37
of its dialects. The company has collaborated with Dell Technologies to leverage its high-performance computing solutions,
storage, and networking capabilities required for the LLM. The LLM will be implemented using the ‘GenAI in a box’
framework. The Indus model will initially focus on key use cases and pilot projects, such as providing infrastructure and
computing as a service, and offering scalable AI solutions to enterprises. As part of this collaboration, Tech Mahindra will
also leverage Intel’s Gaudi AI Accelerators and AI training assets to train the future generation of Indus models as well as
skill up its employees on the Intel product portfolio. {Read More}
Smart Points:
• Tech Mahindra – launched “Project Indus” to converse in multiple Indic languages & dialects
• 1st phase of LLM – support Hindi & 37+ of its dialects | LLM will be implemented using – ‘GenAI in a box’ framework
• Tech Mahindra + Dell Tech. = to leverage high-performance computing solutions, storage & networking capabilities
• Tech Mahindra – will also leverage ‘Intel’s Gaudi AI Accelerators’
• HQs of Tech Mahindra – Pune, Maharashtra | MD & CEO – Mohit Joshi
180. The National Aeronautics and Space Administration (NASA) has awarded Elon
Musk’s company SpaceX a $843 million contract to construct a spacecraft for safely
deorbiting the International Space Station (ISS) by around 2030. While SpaceX will build
the vehicle, NASA will oversee its operation and take ownership of the craft once
completed. Weighing approximately 4,30,000 kilograms, the ISS stands as the largest
structure ever constructed in space, symbolizing a collaborative effort among NASA
(United States), Roscosmos (Russia), JAXA (Japan), ESA (Europe), and CSA (Canada)
since its launch in 1998. While the US and its partners plan to maintain operations until 2030, Russia’s commitment extends
only until 2028. The deorbiting process is expected to unfold in 3 stages. NASA has identified ‘Point Nemo’ in the Pacific
Ocean as the intended landing site for the debris, renowned for its remoteness and dubbed the ‘spacecraft graveyard’ due
to its history of receiving defunct satellites and spacecraft. China built its own space station, ‘Tiangong Space Station (TSS)’,
after being excluded from the ISS. India is also planning to launch its own space station by 2030, joining the league of US,
Russia, and China to an elite space club. {Read More}
Smart Points:
• NASA – awarded SpaceX a $843 million contract to construct a spacecraft for safely deorbiting the ISS by around 2030
• NASA has identified ‘Point Nemo’ in the Pacific Ocean as the intended landing site for the debris
• ISS was launched in 1998 by – NASA, Roscosmos, JAXA, ESA & CSA | Weight – 4.30 lakh kg
• China’s own space station – ‘Tiangong Space Station (TSS)’ | India also plans to launch its own space station by 2030
https:// /#
181. NewSpace India Limited (NSIL), the commercial arm of the Indian Space Research
Organisation (ISRO), has announced to launch “GSAT-N2” (formerly named ‘GSAT-20’)
mission, to boost broadband services and connectivity over the India region. It will be
only the second mission by NSIL. The mission aims to offer cost-effective Ka-Ka band
high-throughput satellite (HTS) capacity towards enhancing in-flight and maritime
connectivity, broadband and cellular services. The GSAT-N2, weighing 4,700 kg, will be
launched onboard Falcon-9, owned by billionaire Elon Musk’s SpaceX. The satellite has
been funded and will be maintained and operated by NSIL, which owns 11 communication satellites in orbit. {Read More}
Smart Points:
• NSIL (ISRO) – to launch “GSAT-N2” or “GSAT-20” mission to boost broadband services & connectivity in India
• The mission aims to offer cost-effective Ka-Ka band high-throughput satellite (HTS) capacity
• It will be launched onboard ‘SpaceX Falcon-9’ rocket
• HQs of NSIL – Bangalore, Karnataka | CMD – Radhakrishnan Durairaj (an arm of ISRO)
182. Institute of Electrical and Electronics Engineers (IEEE) has approved a Wireless Network Architecture for affordable
broadband access in rural areas, developed by a research group at IIT Bombay, led by Professor Abhay Karandikar. Some of
the solutions developed in the lab form the basis of the 2061-2024 standard. The IEEE-2061 network also includes an Access
Network (AN) and Core Network (CN) similar to cellular networks. However, the IEEE-2061 AN is heterogenous wherein
different types of base stations coexist. It includes base stations covering large coverage areas, called ‘macro-BS’,
supplemented by small coverage area Wi-Fi. The IEEE 2061-2024 is the second IEEE standard to come out of the research
efforts of Prof. Karandikar’s lab at IIT Bombay. It follows IEEE 2061-2024 on the heels of IEEE 1930.1-2022, a standard on
‘beyond 5G networks’. {Read More}
Smart Points:
• IEEE – approved a Wireless Network Architecture for affordable broadband access in rural areas
• Developed by – IIT Bombay (led by – Professor Abhay Karandikar)
• IEEE 2061-2024 – second IEEE standard (released by efforts of – Prof. Karandikar’s lab at IIT Bombay)
• IEEE 2061-2024 – follows on the heels of IEEE 1930.1-2022
• Director of IIT Bombay – Prof. Subhasis Chaudhuri
183. Meta has introduced a new AI text-to-3D Generator tool that can generate or
retexture 3D objects in under a minute. The tool combines two of Meta’s existing models,
AssetGen that generates 3D objects and TextureGen for texturing. Meta claims 3D Gen
can generate output that are 3 to 60 times faster than output of professional artists.
Adobe Firefly and Midjourney have similar tools to generate 3D objects. {Read More}
Smart Points:
• Meta – introduced a new AI text-to-3D Generator tool that can generate or retexture 3D objects in under a minute
• It combines two of Meta’s existing models = AssetGen (for generating 3D objects) + TextureGen (for texturing)
• HQs of Meta – California, US | CEO – Mark Zuckerberg | Founded in – 2004
https:// /#
184. Researchers at the Indian Institute of Science Education and Research (IISER),
Tirupati, under the leadership of Prof. Ekambaram Balaraman, have developed a
method to generate hydrogen from methanol and paraformaldehyde using
commercially available nickel catalysts, eliminating the need for bases or activators.
This efficient catalytic system has demonstrated remarkable efficiency under mild
conditions, and the generated hydrogen was successfully employed in chemo- and
stereo-selective partial transfer hydrogenation of alkynes. This research opens a new avenue for COx-free hydrogen
generation, contributing to the advancement of a ‘Hydrogen economy’. This research was supported by the Anusandhan
National Research Foundation (ANRF), previously known as the Science and Engineering Research Board (SERB), a statutory
body of the Department of Science and Technology (DST). {Read more}
Smart Points:
• IISER Tirupati – developed a method to generate hydrogen from methanol & paraformaldehyde using commercially
available nickel catalysts
- It eliminated the need for bases or activators
• Under – Prof. Ekambaram Balaraman | Research is supported by – Anusandhan National Research Foundation
• Director of IISER, Tirupati – Santanu Bhattacharya
185. Indian researchers at the Indian Institute of Astrophysics (IIA)

in Bengaluru and their collaborators have developed a new online
tool to create a comprehensive star catalogue for the “Adaptive
Optics System (AOS)” known as the ‘Narrow Field Infrared Adaptive
Optics System (NFIRAOS)’ of the upcoming “Thirty Meter Telescope
(TMT)”. The TMT’s AOS uses deformable mirrors and ‘Laser Guide
Stars (LGS)’ to correct atmospheric turbulence, enhancing image
resolution. This facility will project up to 9 lasers into the sky to
create artificial guide stars. However, atmospheric turbulence
affects these laser beams, so measuring atmospheric tip-tilt is uncertain. To correct these effects, the AOS requires feedback
from 3 real stars, known as ‘Natural Guide Stars (NGS)’. The team used multi-band optical photometry from the ‘PAN-
STARRS’ telescope in Hawaii to filter and identify the stars and predict their near-infrared magnitudes. Data from the UKIDSS
survey of the ‘United Kingdom Infrared Telescope’ were used for the approach which achieved over 85% prediction accuracy.
TMT is an international project coming up at Mauna Kea in Hawaii, involving India, the US, Canada, China, and Japan that
aims to advance the understanding of the universe significantly. It is a next-generation astronomical observatory designed
to provide unprecedented resolution and sensitivity with its massive 30-meter primary mirror, advanced adaptive optics
system, and state-of-the-art instruments. India is a key partner in the TMT project. {Read More}
Smart Points:
• IIA Bengaluru – developed a new online tool, ‘Narrow Field Infrared Adaptive Optics System (NFIRAOS)’
• To create a comprehensive star catalogue for “Adaptive Optics System (AOS)” of “Thirty Meter Telescope (TMT)”
• It will project up to 9 lasers into sky to create artificial guide stars
• TMT – an international project coming up at Mauna Kea in Hawaii and involves India, US, Canada, China & Japan
- National collaboration of India will be led by – India TMT Center at IIA
• HQs of IIA – Bengaluru, Karnataka | Director – Annapurni Subramaniam
https:// /#
186. Ministry of Earth Sciences has started the task of scientific deep drilling of the earth’s
crust to a depth of 6 km in the Koyna-Warna region of Maharashtra with the help of a
specialised institute named Borehole Geophysics Research Laboratory (BGRL) in Karad,
Maharashtra. The BGRL is a specialised institute under the Ministry of Earth Sciences
mandated to execute India’s sole scientific deep-drilling programme. It has already
completed the drilling to a depth of 3 km. The Koyna-Warna region has been experiencing recurrent earthquakes since the
‘Shivaji Sagar Lake’, or the ‘Koyna Dam’ was impounded in 1962. This phenomenon, where human activity (filling the
reservoir) triggers earthquakes, is called ‘Reservoir-Induced Seismicity (RIS)’. The Koyna data and samples will facilitate new
experiments. More than 20 research groups nationwide are already studying the Koyna samples. {Read More}
Smart Points:
• MoES + BGRL = started drilling of earth’s crust to a depth of 6 km in Koyna-Warna region of Maharashtra
• Aim: To study earth’s composition & stress at source of these triggered earthquakes through deep drilling
• Reservoir-Induced Seismicity (RIS) – phenomenon where human activity (filling reservoir) triggers earthquakes
• MoS (I/C) in Earth Sciences: Dr. Jitendra Singh | Constituency – Udhampur, J&K
• HQs of BGRL – Karad, Maharashtra | Director – Sukanta Roy | Works under – Ministry of Earth Sciences
187. The researchers at the IIT-BHU Varanasi have unveiled a pioneering ‘lab-on-chip’
device named “metallic nanoparticle decorated atomically-thin, two-dimensional (2D)
semiconductor” capable of detecting early-stage diseases with unprecedented
accuracy. The innovation by the scientists at the Nanomaterials for Electronics and
Energy Devices (NEED) lab at IIT-BHU has the potential to revolutionize the
comprehension of brain function and pave the way for new treatments for neurological
disorders at a very early stage. It holds the potential to transform healthcare by enabling faster and more reliable
identification of neurological conditions like Parkinson’s disease, depression, and Schizophrenia. The newly invented device
utilizes advanced Surface-Enhanced Raman Scattering (SERS) technology. {Read More}
Smart Points:
• IIT-BHU Varanasi – unveiled ‘lab-on-chip’ device, “metallic nanoparticle decorated atomically-thin, 2D semiconductor”
• It is capable of detecting early-stage diseases with unprecedented accuracy
• Innovated by – scientists at Nanomaterials for Electronics & Energy Devices (NEED) lab at IIT-BHU
• Director of IIT-BHU Varanasi – Prof. Amit Patra
188. IIT Madras researchers have shown that common minerals such as river sand, ruby and
alumina, which are very hard, can be broken into nano-sized particles in milliseconds by charged
tiny water droplets or microdroplets. The phenomenon may occur by a process called ‘proton-
induced slip’ in which the atomic layers in the minerals shift relative to each other, assisted by
protons. Water microdroplets are significantly smaller than typical raindrops, being just a thousandth the size of a raindrop.
In natural settings, atmospheric water droplets such as clouds and fog, which have charged ions, can disintegrate minerals
and make them fresh surfaces where different reactions may happen to form new molecules. Soil forms through gradual
weathering of rocks, a process that takes 200-400 years to produce one centimetre of soil comprising different sized
particles. Nanoparticles of minerals like silica are crucial for the growth of crops like rice and wheat. {Read More}
Smart Points:
• IIT Madras researchers – showed how water droplets can break common minerals into nanoparticles
• The phenomenon may occur by a process called ‘proton-induced slip’
• Director of IIT Madras – V. Kamakoti
https:// /#
189. “ChatGPT” maker OpenAI released the new artificial intelligence (AI) model, “GPT-4o mini”, the most capable and cost-
efficient small model available today. The mini AI model is an offshoot of “GPT-4o”, OpenAI’s fastest and most powerful
model. The “o” in “GPT-4o” stands for ‘omni’, and “GPT-4o” has improved audio, video and text capabilities, with the ability
to handle 50 different languages at improved speed and quality. It currently outperforms the “GPT-4” model on chat
preferences and scored 82% on Massive Multitask Language Understanding (MMLU). MMLU is a textual intelligence and
reasoning benchmark used to evaluate the capabilities of language models. A higher MMLU score signifies it can understand
and use language better across a variety of domains, enhancing real-world usage. Priced at 15 cents per million input tokens
and 60 cents per million output tokens, the “GPT-4o mini” is more than 60% cheaper than the “GPT-3.5 Turbo”. The “GPT-
4o mini” model's score compared with 77.9% for Google's “Gemini Flash” and 73.8% for Anthropic's “Claude Haiku”. The
new model comes with a context window of 128K tokens, supports up to 16K output tokens, and has knowledge of up to
October 2023. OpenAI claims that the new model of handling non-English text is cost-effective owing to the improved
tokenizer. {Read More}
Smart Points:
• OpenAI – released new AI model, “GPT-4o mini”, most capable & cost-efficient small model available today
• It is an offshoot of “GPT-4o”, OpenAI’s fastest & most powerful model
• It outperforms “GPT-4” model on chat preferences & scored 82% on Massive Multitask Language Understanding
190. Zen Technologies, an anti-drone technology and defence training solutions provider, has launched 4 new products,
enhancing defence capabilities and operational efficiency. The new products are “Hawkeye”, “Barbarik-URCWS (Ultralight
Remote Control Weapon Station)”, “Prahasta”, and “Sthir Stab 640.” The company worked with its Pune-based AI Turing
Technologies to develop these products. “Hawkeye” is an anti-drone system camera capable of all-weather drone tracking
up to 15 km, while “Barbarik-URCWS” is a lightweight remote-controlled weapon station, offering precise targeting for
ground vehicles and naval vessels. The third product, “Prahasta” is an automated quadruped equipped with LIDAR (Light
Detection and Ranging) and reinforcement learning for real-time 3D terrain mapping and mission planning. The quadruped
can be used as the first line of defence for commandos during counter-insurgency operations like 26/11, thereby saving
lives. The last product, “Sthir Stab 640” is a stabilized sight for armoured vehicles, infantry combat vehicles (ICVs), and boats,
with a gyro-stabilized system. It provides situational awareness with automatic search and tracking capabilities. Zen Tech
has a dedicated R&D facility in Hyderabad which is recognized by the Ministry of Science and Technology and has filed for
over 150 patents. {Read More}
Smart Points:
• Zen Technologies – launched 4 new products to enhance defence capabilities & operational efficiency
• They are – “Hawkeye”, “Barbarik-Ultralight Remote Control Weapon Station”, “Prahasta” & “Sthir Stab 640”
• Developed by – AI Turing Technologies (Pune) + Zen Technologies
• “Hawkeye” – an anti-drone system camera capable of all-weather drone tracking up to 15 km
• “Barbarik-URCWS” – a lightweight remote-controlled weapon station for ground vehicles & naval vessels
• “Prahasta” – an automated quadruped equipped with LIDAR & reinforcement learning for real-time 3D terrain mapping
& mission planning
• “Sthir Stab 640” – a stabilized sight for armoured vehicles, ICVs & boats, with a gyro-stabilized system
• Zen Tech – has a dedicated R&D facility in Hyderabad | Recognized by – Min. of Sci&Tech | Filed – 150+ patents
• HQs of Zen Technologies – Hyderabad, Telangana | CMD – Ashok Atluri | Founded in – 1993
https:// /#
191. The Raman Research Institute (RRI), an autonomous institute under the Department
of Science and Technology (DST) announced that its spin-off company, “nexAtom Research
and Instruments” will manufacture multi-channel, ‘tunable laser systems’ which are called
the “External Cavity Diode Lasers (ECDL)”. Such tunable laser systems will be useful for
developing solutions across quantum communication, quantum technology, quantum
systems and metrology, all of which are the core themes of the DST-led National Quantum Mission (NQM). In 2023, India
embarked on an ambitious Rs. 6,000 crore NQM. The indigenous ‘tunable laser systems’ technology developed by RRI, could
substantially reduce the costs of quantum optics labs and find applications in medicine, remote sensing, geo-mapping, and
space exploration. RRI has filed a provisional Indian patent for a ‘Standalone laser system with frequency tunability and
precision control’. {Read More}
Smart Points:
• nexAtom (RRI) – to manufacture ‘tunable laser systems,’ “External Cavity Diode Lasers”
• National Quantum Mission – launched in 2023 | Outlay – Rs. 6,000 Cr
• RRI – filed a provisional Indian patent for a ‘Standalone laser system with frequency tunability & precision control’
• HQs of Raman Research Institute – Bengaluru, Karnataka | Director – Tarun Souradeep
192. China has launched a new 5th “Gaofen-11” high resolution spy satellite. A Long March 4B rocket lifted off from Taiyuan
Satellite Launch Center, north China. The launch was China’s 33rd orbital mission of 2024. The launcher carried the Gaofen-
11 (05) high resolution optical earth observation satellite. CASC states the satellite will be used for purposes for land survey,
urban planning, land rights confirmation, road network design, crop yield estimation, and disaster prevention and
mitigation. The four previous Gaofen-11 satellites were launched on Long March 4B rockets. The satellites are in near-polar,
roughly 500-kilometer-altitude orbits. Gaofen satellites form the civilian China High-resolution Earth Observation System
(CHEOS). {Read More}
Smart Points:
• China – launched new 5th “Gaofen-11” high resolution spy satellite | Aboard – Long March 4B rocket
• From – Taiyuan Satellite Launch Center, north China | It was China’s 33rd orbital mission of 2024
• 4 previous Gaofen-11 satellites were launched on – Long March 4B rockets | Orbits – roughly 500-km-altitude
• Gaofen satellites form – civilian China High-resolution Earth Observation System (CHEOS)
• China – Beijing – Renminbi | President – Xi Jinping | PM – Li Qiang
193. The Centre for Development of Telematics (C-DOT), a premier Telecom R&D centre of the Department of
Telecommunications (DoT), has signed an agreement with IIT Roorkee and IIT Mandi, for the development of ‘Cell-Free’ 6G
Access Points. Both the IITs are collaborating to develop this technology. ‘Cell-Free’ Massive MIMO (Multiple-Input and
Multiple-Output) eliminates the idea of cells and cell boundaries by deploying several access points (APs) across a vast region
to serve many user devices at the same time. The agreement is signed under the Telecom Technology Development Fund
(TTDF) scheme of Department of Telecommunications. This scheme aims to enable affordable broadband and mobile
services, playing a significant role in bridging the digital divide across India. {Read More}
Smart Points:
• C-DOT + IIT Roorkee & IIT Mandi = an agreement for the development of ‘Cell-Free’ 6G Access Points
• ‘Cell-Free’ Massive MIMO eliminates the idea of cells and cell boundaries by deploying several Access Points (APs)
• HQs of C-DoT – New Delhi | CEO – Rajkumar Upadhyay | C-DoT works under – DoT (Ministry of Communications)
• Director of IIT Roorkee – Ajit K. Chaturvedi
• Director of IIT Mandi – Prof. Laxmidhar Behera
https:// /#
194. Experts from the Indian Institute of Information Technology-Allahabad (IIIT-A), Prayagraj, in
collaboration with Karlsruhe Institute of Technology, Germany, have developed a tool for blind
and visually impaired persons capable of creating and accessing chart images. Blind people can
use this tool to search images and understand them with “alternative texts (Alt-text)” generated
by artificial intelligence (AI)-based software. The paper “Alt4Blind: A User Interface to Simplify
Charts Alt-Text Creation” was presented at the International Conference on Computers Helping
People with Special Needs, held in Linz, Austria. “Alt-Text” for chart images is essential for making graphics accessible to
people with blindness and visual impairments. Traditionally, “Alt-Text” is manually written by authors but often encounters
issues such as oversimplification or complication. Recent trends have seen the use of AI for “Alt-Text” generation. However,
existing models are susceptible to producing inaccurate or misleading information. Experts addressed this challenge by
retrieving high-quality “Alt-Texts” from similar chart images, serving as a reference for the user when creating “Alt-Texts”.
The innovative tool, the brainchild of Shahid Ali Farooqui and Mohammed Javed, aims to revolutionize how people with
visual impairments interact with charts. {Read More}
Smart Points:
• IIIT Allahabad + Karlsruhe Institute of Technology (Germany) – developed a tool for blind & visually impaired persons
capable of creating & accessing chart images
• It can be used to search images & understand them with “Alt-text” generated by AI-based software
• International Conference on Computers Helping People with Special Needs – held in Linz, Austria
• It is a brainchild of – Shahid Ali Farooqui & Mohammed Javed
• Aim: To revolutionize how people with visual impairments interact with charts
• Director of Indian Institute of Information Technology-Allahabad – Mukul Sharad Sutaone
195. The U-WIN portal, a replication of the COVID-19 vaccine management system Co-WIN,
is set for a pan-India launch likely by the end of August 2024, aiming to maintain an
electronic registry of routine immunisations. It aims to reduce zero-dose and left-out
children through a name-based tracking mechanism and empower citizens with anytime,
anywhere access to vaccination services, particularly benefiting migratory populations. The
U-WIN platform captures every vaccination event for pregnant women and children aged 0-5 years under the Universal
Immunization Programme (UIP). It will target 2.9 crore pregnant women and 2.6 crore infants (0-1 years) annually by
providing 11 vaccines against 12 vaccine-preventable diseases - diphtheria, measles, rubella, and tetanus through more than
1.2 crore vaccination sessions across the country. It will generate a uniform QR-based, digitally verifiable e-vaccination
certificate, similar to the COVID vaccination certificate, which can be accessed anytime by the citizens through a single click
on a real-time basis. Currently, U-WIN is in pilot mode across all states and Union Territories, except for West Bengal. As of
9 July 2024, the pilot has registered 5.33 crore beneficiaries on U-WIN. Over 83.55 lakh vaccination sessions have been
digitally conducted, and 18.15 crore vaccine doses have been recorded. {Read More}
Smart Points:
• U-WIN portal – set for a pan-India launch by Aug 2024, to maintain an electronic registry of routine immunisations
• Aim: To reduce zero-dose & left-out children through a name-based tracking mechanism & empower citizens with
anytime, anywhere access to vaccination services
• It captures every vaccination event for pregnant women & children (0-5 years) under UIP
• It targets 2.9 Cr pregnant women & 2.6 Cr infants (0-1 years) annually | By providing – 11 vaccines against 12 diseases
• It will generate a uniform QR-based, digitally verifiable e-vaccination certificate, accessed anytime by citizens
• Currently, U-WIN is in pilot mode across all states & UTs | Except – West Bengal
• Digitally conducted vaccination sessions – 83.55 lakh | Vaccine doses recorded – 18.15 Cr
https:// /#
196. An international team of astronomers, including Dr. Prashant Pathak from IIT-Kanpur, has
discovered a giant exoplanet, named “Epsilon Indi Ab” (Eps Ind Ab), orbiting a nearby star similar
to our Sun. The exoplanet is classified as a 'super-Jupiter' due to its mass, which is at least six times
greater than that of Jupiter. The planet orbits the K5V-type star Epsilon Indi A, located 12 light-
years from Earth. This is the first mature exoplanet discovered using direct imaging by James Webb
Space Telescope’s (JWST) Mid-InfraRed Instrument (MIRI). Epsilon Indi Ab stands out as one of the
coldest exoplanets ever detected, with an estimated temperature of 35 degrees Fahrenheit (2 degrees Celsius). The details
of the discovery were published in the journal Nature. {Read More}
Smart Points:
• An international team of astronomers – discovered an exoplanet, “Epsilon Indi Ab”
- It includes Dr. Prashant Pathak from IIT-Kanpur
• It is classified as a ‘super-Jupiter’ due to its mass | At least 6 times greater than Jupiter
• It orbits – K5V-type star Epsilon Indi A | Located – 12 light-years from Earth
• It is first mature exoplanet discovered using direct imaging by JWST’s Mid-InfraRed Instrument (MIRI)
• It is one of the coldest exoplanets ever detected | Estimated temperature – 35 degrees Fahrenheit (2 degrees Celsius)
197. India’s ‘GROWTH India’ telescope, stationed at Ladakh, demonstrated its

strength by capturing a building-sized asteroid on its closest approach to earth.
‘Asteroid 2011 MW1’, which passed by earth on July 25 was 380 feet in size. This 70-
meter-wide telescope has been developed by joint efforts of Indian Institute of
Astrophysics (IIA) and IIT Bombay, and it managed to capture the rapid motion of the
asteroid which was at a distance of 10 times the distance between earth and moon.
The image was posted by Astrophysicist Varun Bhalerao, from the Space Technology and Astrophysics Research (STAR) lab
at IIT Bombay. GROWTH-India is a fully robotic optical research telescope of India. It is the first of its kind. It is a part of an
international network of observatories, called the ‘Global Relay of Observatories Watching Transients Happen (GROWTH)’,
whose aim is to study the celestial events and collect data regarding them. {Read More}
Smart Points:
• India’s ‘GROWTH India’ telescope (stationed at Ladakh) – captured ‘Asteroid 2011 MW1’ asteroid
• This 70-meter-wide telescope is developed by = IIA + IIT Bombay | Size – 380 feet
• The image was posted by Astrophysicist Varun Bhalerao (from STAR lab at IIT Bombay)
• GROWTH-India is a first of its kind fully robotic optical research telescope of India
• It is part of international network, ‘Global Relay of Observatories Watching Transients Happen (GROWTH)’
198. For investor protection, the Securities & Exchange Board of India (SEBI) has started its
Virtual Assistant, “SEVA” (SEBI’s Virtual Assistant), an Artificial Intelligence (AI) based
conversation platform for investors. It will help investors with information on certain
processes and seek responses. The Beta version of the chatbot includes features like citations
for generated responses, speech-to-text and text-to-speech functionality for accessibility
and follow-up questions. The chatbot is currently enabled to answer questions relating to general information on the
securities market, the latest master circulars and the grievance redressal process. Based on the feedback received from the
users, additional areas will be added to the chatbot. The beta version of the chatbot is available on SEBI’s investor website
and SAARTHI mobile app. {Read More}
https:// /#
Smart Points:
• SEBI – started its Virtual Assistant, “SEVA”, an AI based conversation platform for investors
• Beta version of this chatbot is available on – SEBI’s investor website & SAARTHI mobile app
199. OpenAI has announced the development of a new search engine, called “SearchGPT”,
that uses generative artificial intelligence to produce results. OpenAI ultimately intends to
incorporate the search features into ChatGPT, rather offer a standalone product. This search
feature positions the company as a direct competitor to major search engines, most notably
Google & Bing. Moreover, Google recently launched its own AI-enabled search feature, called
"AI Overviews", that summarizes content from search results without requiring users to click through to other websites.
{Read More}
Smart Points:
• OpenAI – developed a new search engine, “SearchGPT”, that uses GenAI to produce results
• Google – launched AI-enabled search feature, "AI Overviews", to summarize content from search results without
requiring users to click through to other websites
200. CSIR-Indian Institute of Chemical Technology (IICT-Hyderabad) chief scientist and chemical engineer, Sundergopal
Sridhar, has been admitted as a Fellow of the Royal Society of Chemistry (FRSC), London, the U.K. During his 26 years as a
research scientist, Mr. Sridhar has developed and transferred several technologies for chemical and allied industries, besides
contributing immensely to societal welfare. He had designed and installed over 75 water purification plants based on
nanofiltration, ultrafiltration and reverse osmosis technologies to purify groundwater, surface water, and floodwater for 50
lakh people affected by fluorosis, typhoid and other water-borne diseases across 10 States. During COVID-19, Mr. Sridhar
designed a low-cost multilayer washable mask. {Read More}
Smart Points:
• Sundergopal Sridhar (chief scientist & chemical engineer of CSIR-IICT) – admitted as a Fellow of Royal Society of
Chemistry, London
• He had designed & installed 75+ water purification plants to purify groundwater, surface water & floodwater
- Plants were based on – nanofiltration, ultrafiltration & reverse osmosis technologies
201. NASA has launched the “CubeSat Radio Interferometry Experiment (CURIE)” mission, from the European Space
Agency’s (ESA) ‘Ariane 6’ rocket, to study the radio waves that were first noticed decades ago. Coronal mass ejections (CMEs)
and solar flares mostly create auroras on Earth. But they also produce mysterious radio signals, and the exact point of origin
has never been identified. The CURIE mission will deploy a pair of tiny satellite units called CubeSats in orbit around Earth.
{Read More}
Smart Points:
• NASA – launched “CURIE” mission to study radio waves, first noticed decades ago | Aboard – ESA’s ‘Ariane 6’ rocket
• It will deploy a pair of tiny satellite units, ‘CubeSats,’ in orbit around Earth
• HQs of ESA – Paris, France | DG – Josef Aschbacher
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Appointments & Resignations
202. Former Prime Minister of Portugal, António Luís Santos da Costa, has been elected as the President
of the European Council in Brussels, Belgium. He succeeds Charles Michel. He became the first
Portuguese leader to hold this position. Nicknamed ‘Gandhi of Lisbon’ for his frugal lifestyle and his
Indian roots, in 2017, António Costa was presented the ‘Pravasi Bharatiya Samman’ by the President of
India. He also holds an Overseas Citizen of India (OCI) card. {Read more}
Smart Points:
• António Costa – elected as the President of the European Council (succeeding - Charles Michel)
• He is nicknamed as ‘Gandhi of Lisbon’ | He was presented the ‘Pravasi Bharatiya Samman’ in 2017
• HQs of EU – Brussels, Belgium | Member Countries – 27
President of European Parliament – Roberta Metsola
President of European Council – António Costa
President of European Commission – Ursula von der Leyen
203. Ravi Agrawal, a 1988 batch Indian Revenue Service (IRS) officer, has been appointed as the new Chairman
of the Central Board of Direct Taxes (CBDT). Mr Ravi succeeds the incumbent chairman, Nitin Gupta. Mr Ravi
will assume the leadership role on July 1, 2024. He will serve in this role until his retirement on September
30. After retirement, he will be re-appointed on a contract basis until June 30, 2025. {Read more}
Smart Points:
• Ravi Agrawal – appointed as the new Chairman of the Central Board of Direct Taxes (succeeding - Nitin Gupta)
• HQs of CBDT – New Delhi | Chairman – Ravi Agrawal | Formed in – 1944
204. The Appointment Committee of the Cabinet (ACC) has appointed Dr BN Gangadhar, who was
serving as the officiating Chairperson, as the Chairperson of the National Medical Commission (NMC),
and Dr Sanjay Behari as the President of Medical Assessment and Rating Board. Dr Gangadhar, Former
Director of NIMHANS, was also the President of the autonomous Medical Assessment and Rating Board.
While, Dr Behari is the Director of Sree Chitra Tirunal Institute for Medical Sciences and Technology,
Thiruvananthapuram. The appointments are for a period of 4 years, until the appointee attains the age of 70 years, or until
further orders, whichever is earliest. {Read more}
Smart Points:
• Dr BN Gangadhar – appointed as the Chairperson of the National Medical Commission (NMC)
• Dr Sanjay Behari – appointed as the President of Medical Assessment and Rating Board
• The appointments are for a period of 4 years
• HQs of NMC – New Delhi | Chairman – Dr. B. N. Gangadhar
205. The Reserve Bank of India (RBI) has appointed Arnab Kumar Chowdhury and Charulatha S. Kar as Executive Directors.
As executive director, Mr Arnab will look after Deposit Insurance and Credit Guarantee Corporation (DICGC), Foreign
Exchange Department, and International Department. Prior to this appointment, he was the Chief General Manager-in-
Charge in the Department of Supervision. While, Ms Charulatha will look after the Department of Communication, Human
Resource Management Department, and Right to Information (First Appellate Authority). Prior to this appointment, she was
serving as Chief General Manager-in-Charge in the Human Resource Management Department. They have been appointed
in the place of R. Subramanian and Saurav Sinha. At present, the RBI has 16 Executive Directors. {Read more}
https:// /#
Smart Points:
• Arnab Kumar Chowdhury & Charulatha S. Kar – appointed as Executive Directors of RBI
• They have been appointed in the place of R. Subramanian & Saurav Sinha
• At present, the RBI has 16 Executive Directors
206. The Central Government has appointed Justice Sheel Nagu as the Chief Justice of the Punjab &
Haryana High Court. Justice Nagu was serving as the Acting Chief Justice of the Madhya Pradesh High
Court. Now, Justice Sanjeev Sachdeva has been appointed as the new Acting Chief Justice of the
Madhya Pradesh High Court. Besides, Justice Bidyut Ranjan Sarangi was recently appointed as Chief
Justice of the Jharkhand High Court. The post of the Chief Justice of the Jharkhand High Court was lying
vacant after the superannuation of Justice Sanjaya Kumar Mishra on December 28, 2023. {Read more}
Smart Points:
• Justice Sheel Nagu – appointed as the Chief Justice of the Punjab & Haryana High Court
• Justice Sanjeev Sachdeva – appointed as the Acting Chief Justice of the Madhya Pradesh High Court
• Justice Bidyut Ranjan Sarangi – appointed as Chief Justice of the Jharkhand High Court
207. Jharkhand Mukti Morcha (JMM) leader, Hemant Soren, was sworn in as Jharkhand Chief
Minister for the third term on July 4, 2024. He was administered the oath of office and secrecy by
Governor C.P. Radhakrishnan at the Raj Bhavan in Ranchi. Hemant Soren was arrested by the
Enforcement Directorate (ED) on 31 January 2024, however before his arrest, he resigned from the
post of Chief Minister and Champai Soren, close to the JMM family, was made the Chief Minister.
{Read more}
Smart Points:
• Hemant Soren – sworn in as Jharkhand Chief Minister for 3rd term (replacing - Champai Soren)
• Jharkhand: Capital – Ranchi | CM – Hemant Soren | Governor – C. P. Radhakrishnan
208. Labour Party leader, Keir Starmer, is all set to become the 58th Prime Minister of the United Kingdom,
following a historic victory by his centre-left Labour Party in the 2024 parliamentary election, ending 14
years of Conservative government. Mr. Keir will replace Rishi Sunak. Indian-origin population constitutes
the largest ethnic minority community in the UK, comprising over 2.3% of the total population, which
amounts to approximately 1.5 million individuals. {Read more}
Smart Points:
• Keir Starmer (Labour Party) – to become 58th PM of UK (replacing - Rishi Sunak)
• Largest ethnic minority community in UK – Indian-origin population (over 2.3% or 1.5 mn individuals)
• UK – London – Pound Sterling | PM – Rishi Sunak | New King – King Charles lll
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209. Sujata Saunik, a 1987 batch IAS officer, has become the first female Chief Secretary of
Maharashtra. She took over from retiring Chief Secretary Nitin Kareer. Kareer had taken the charge
of this post from Saunik’s husband Manoj Saunik. Sujata will be the 45th CS of Maharashtra since
1960. Maharashtra’s top two posts, Chief Secretary and Director General of Police (DGP) are now
occupied by women. In January 2024, Senior IPS officer Rashmi Shukla also became the first woman
to take charge as Maharashtra DGP. {Read more}
Smart Points:
• Sujata Saunik – appointed as the first female & 45th Chief Secretary of Maharashtra (succeeding - Nitin Kareer)
• Maharashtra’s top two posts, Chief Secretary & DGP – now occupied by women
- Rashmi Shukla – became first woman DGP of Maharashtra in January 2024
210. Senior Indian Information Service (IIS) officer, Dhirendra Ojha, has been appointed as the Director
General of Press Information Bureau (PIB). Ojha succeeds Sheyphali B Sharan, who has held the position
of principal Director General of PIB since April 1, 2023. Sharan, also a 1990-batch IIS officer, has been
appointed as the Director General of the Publications Division. Before his current appointment, Mr Ojha
served as the Director General of the Central Bureau of Communications (CBC). {Read more}
Smart Points:
• Dhirendra Ojha – appointed as DG of PIB (succeeding - Sheyphali B Sharan)
• Sheyphali B Sharan – appointed as DG of the Publications Division
• HQs of PIB – New Delhi | DG – Dhirendra Ojha | Established in – 1919
211. Ratan Kumar Kesh, Executive Director and Chief Operating Officer of Bandhan Bank, has been appointed
as interim MD & CEO of the private lender with effect from July 10. Chandra Shekhar Ghosh, present MD &
CEO and Founder of the bank will retire on July 9. Mr. Kesh will be the interim MD & CEO for a period of 3
months or till the new incumbent takes charge, whichever is earlier. {Read more}
Smart Points:
• Ratan Kumar Kesh – appointed as interim MD & CEO of Bandhan Bank for 3 months (succeeding - CS Ghosh)
• HQs of Bandhan Bank – Kolkata, WB | MD & CEO – Ratan Kumar Kesh | Tagline – “Aapka Bhala, Sabki Bhalai”
212. Justice A Muhamed Mustaque has been appointed as the Acting Chief Justice of the Kerala High Court.
The appointment was made by the President of India in exercise of the powers conferred by Article 223 of
the Constitution. Justice Mustaque began his legal career in 1989 and was sworn in as an additional judge of
HC on Jan 23, 2014. He takes over the role following the retirement of Justice Ashish Jitendra Desai. {Read
more}
Smart Points:
• Justice A Muhamed Mustaque – appointed as Acting Chief Justice of Kerala HC (succeeding – Just. Ashish Jitendra Desai)
• Article 223 – confers President of India rights to appoint Chief Justice for High Court
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213. Dick Schoof, former head of the Dutch intelligence agency and counterterrorism office, sworn in
as the Prime Minister of the Netherlands by Dutch King Willem-Alexander. The Netherlands has a
different Prime Minister for the first time in 14 years. For the first time since World War II, the
Netherlands is now led by a Prime Minister who is not aligned with a political party. Before serving as
chief of the country’s top intelligence agency, Mr. Schoof was previously the counterterror chief and
the head of the country’s Immigration and Naturalization Service. He succeeds Mark Rutte. {Read
more}
Smart Points:
• Dick Schoof – sworn in as Prime Minister of Netherlands – by Dutch King Willem-Alexander (succeeding - Mark Rutte)
• Netherlands – Amsterdam – Euro | PM – Dick Schoof
214. Masoud Pezeshkian has won the Presidential election in Iran, to replace Ebrahim Raisi who
was killed in a helicopter crash in May 2024. Mr. Pezeshkian, a 69-year-old heart surgeon, won the
largest number of votes in the run-off against ultraconservative Saeed Jalili. In 2015, Iran signed
the Joint Comprehensive Plan of Action (JCPOA), popularly known as the “Iran nuclear deal”, with
the P5+1 (the US, the UK, Russia, France, China and Germany) and the European Union, which led
to a significant lifting of sanctions in return for a cap on Iran’s nuclear program. {Read more}
Smart Points:
• Masoud Pezeshkian – won Presidential election in Iran (replacing - Ebrahim Raisi)
• In 2015, Iran signed JCPOA, aka “Iran nuclear deal”, with P5+1 (US, UK, Russia, France, China & Germany) & EU
• Iran – Tehran – Rial | President – Masoud Pezeshkian | Supreme Leader – Ali Khamenei
215. The Reserve Bank of India (RBI) has approved the re-appointment of Govind Singh as the managing
director and chief executive officer of Utkarsh Small Finance Bank (Utkarsh SFB) for a period of 3 years w.e.f.
September 21, 2024. The present term of Govind Singh ends on September 20, 2024. {Read more}
Smart Points:
• Govind Singh – reappointed as MD & CEO of Utkarsh SFB for 3 years w.e.f. Sep 21, 2024
216. Indian Energy Exchange Ltd (IEX) board has announced the reappointment of Satyanarayan Goel as
Chairman and Managing Director (CMD) and the promotion of Rohit Bajaj to Joint Managing Director. These
decisions were finalized during the board meeting held on July 5, 2024. These appointments come as part
of IEX’s succession planning efforts to ensure leadership continuity and stability. {Read more}
Smart Points:
• Satyanarayan Goel – reappointed as CMD of Indian Energy Exchange Ltd (IEX)
• Rohit Bajaj – appointed as Joint MD of Indian Energy Exchange Ltd (IEX)
• HQs of IEX – New Delhi | CMD – Satyanarayan Goel | Founded in – 2008
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217. Pavan Kapoor, Secretary (West) in the Ministry of External Affairs, has been appointed Deputy
National Security Adviser (NSA). Rajinder Khanna, Deputy NSA and Former Chief of Research &
Analysis Wing (R&AW), has been promoted as Additional NSA. There was no Additional NSA so far.
The other appointment is of T. V. Ravichandran as the Deputy NSA in place of Mr. Khanna. Mr
Ravichandran is serving as Special Director in the Intelligence Bureau. Besides, former BSF chief,
Pankaj Kumar, continues as Deputy NSA. With these changes, effectively there will be an Additional
NSA in addition to three Deputy NSAs under NSA Ajit Doval, who is on his third term. {Read More}
Smart Points:
• Rajinder Khanna (Deputy NSA & Former Chief of R&AW) – promoted as Additional NSA
• Pavan Kapoor (Secretary in MEA) – appointed as Deputy NSA
• T. V. Ravichandran (Special Director in IB) – appointed as Deputy NSA (replacing - Rajinder Khanna)
218. Elisa de Anda Madrazo of Mexico has begun her 2-year term as the President of the Financial Action
Task Force (FATF). She succeeded Mr. T. Raja Kumar of Singapore. Ms. De Anda has over a decade of
experience in leadership positions in the anti-money laundering (AML) and countering the financing of
terrorism (CFT) sector. Ms. De Anda currently serves as Director General in Mexico’s Ministry of Finance
and Public Credit. Until June 2023, she held the position of Vice-President of FATF for 3 years. She was also
Co-Chair of the Global Network and Co-ordination Group. {Read More}
Smart Points:
• Elisa de Anda Madrazo (Mexico) – begun her 2-year term as the President of FATF (succeeding - Mr. T. Raja Kumar)
• Ms. De Anda currently serves as DG in Mexico’s Ministry of Finance & Public Credit
• HQs of FATF – Paris, France | President – Elisa de Anda Madrazo (Mexico) | Established – July 1989
219. Former Director General of Indian Council of Medical Research and World Health Organisation’s
Chief Scientist, Dr. Soumya Swaminathan, has been appointed as the Principal Adviser at the Union
Ministry of Health and Family Welfare (MoHFW) for the National Tuberculosis Elimination Programme
(NTEP). She will be serving in MoHFW on a pro bono basis. As the Principal Adviser for the NTEP, Dr.
Swaminathan will provide technical advice on the overall strategy to achieve goals, suggest policy
directions and necessary course corrections for optimal outcomes, and advise on research strategy.
India accounts for 25% of world’s TB burden and over 25 lakh new cases of TB were notified in 2024 in India, according to
the India TB report released by the Centre. {Read More}
Smart Points:
• Dr. Soumya Swaminathan – appointed as Principal Adviser at MoHFW for National TB Elimination Programme (NTEP)
• As per India TB report, India accounts for 25% of world’s TB burden & over 25 lakh new cases of TB were notified in 2024
220. Bharat Lal has been granted extension as Secretary-General of the National Human Rights Commission
(NHRC)-India. The extension in tenure, which was announced by the Appointments Committee of the
Cabinet (ACC), is for a period of one year beyond June 30, 2024, or until further orders. A 1988-batch IFS
officer of Gujarat cadre, Mr. Lal is serving in the NHRC in the rank and pay of secretary to the Government
of India on contract basis since 2023. {Read More}
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Smart Points:
• Bharat Lal – tenure extended for 1 year as Secretary-General of NHRC (beyond June 30, 2024)
• HQs of NHRC – New Delhi | Acting Chairperson – Vijaya Bharathi Sayani | SG – Bharat Lal | Established in – 1993
221. Paytm Payments Bank, an associate entity of One97 Communications (OCL), which operates the Paytm
brand, has appointed Arun Kumar Bansal as new Managing Director (MD) and Chief Executive Officer (CEO).
The RBI has approved Bansal’s appointment. He resigned from his position as the executive director and
head of treasury (on contract) at IDBI Bank. Bansal replaces Surinder Chawla, who retired in June, 2024.
{Read More}
Smart Points:
• Arun Kumar Bansal – appointed as MD & CEO of Paytm Payments Bank (replacing - Surinder Chawla)
• HQs of Paytm Payments Bank – Noida, India | MD & CEO – Arun Kumar Bansal | Founded in – 2017
222. K. P. Sharma Oli was sworn in as Nepal’s Prime Minister for the 4th time. He became the Prime
Minister with the support of the Nepali Congress, the largest party in Parliament. Oli, the head of the
Communist Party of Nepal-Unified Marxist-Leninist (CPN-UML), joined hands with Sher Bahadur Deuba’s
Nepali Congress to form a new coalition government. Mr Oli was sworn in by President Ram Chandra
Paudel to lead a new coalition government. Mr. Oli succeeds Pushpa Kamal Dahal ‘Prachanda’ who lost
the vote of confidence in the House of Representatives. {Read More}
Smart Points:
• K. P. Sharma Oli (CPN-UML) – sworn in PM of Nepal for 4th time (succeeding - Pushpa Kamal Dahal ‘Prachanda’)
• CPN-UML + Nepali Congress = formed a new Coalition Government
• Nepal – Kathmandu – Nepalese Rupee | President – Ram Chandra Poudel | PM – K. P. Sharma Oli
223. The government has named senior Telecom Department’s official Robert Jerard Ravi as
Chairman and Managing Director (CMD) of Bharat Sanchar Nigam (BSNL), along with Mahanagar
Telephone Nigam (MTNL) and Bharat Broadband Network (BBNL) for a period of 6 months. Pravin
Kumar Purwar’s 5-year tenure as CMD of BSNL, MTNL & BBNL ended on July 14, 2024. During Mr.
Purwar’s tenure, the government provided three revival packages of more than ₹3 lakh crore to turn
around BSNL and enable it to compete with Reliance Jio, Airtel, etc, with the rollout of 4G and 5G services. {Read More}
Smart Points:
• Robert Jerard Ravi – appointed as CMD of BSNL, MTNL & BBNL for 6 months (succeeding - Pravin Kumar Purwar)
• HQs of BSNL – New Delhi | CMD – Robert Jerard Ravi
224. South African Revenue Services (SARS) Commissioner, Edward Kieswetter, has been re-elected
a Chairperson of the World Customs Organisation (WCO) for a second term, 2024-2025. Kieswetter
was re-elected during the 143rd/144th Sessions of the WCO Council, the highest decision-making
body of the organisation, which saw the participation of directors general of customs representing
the WCO’s 186 members in Brussels, Belgium. {Read More}
Smart Points:
• Edward Kieswetter (SARS Commissioner) – re-elected a Chairperson of WCO for a second term, 2024-2025
• SARS – South African Revenue Services | WCO – World Customs Organisation
• HQs of WCO – Brussels, Belgium | Chairperson – Edward Kieswetter | Secretary General – Ian Saunders
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225. Rwandan President Paul Kagame of the Rwandan Patriotic Front (RPF) secured a landslide victory in the 2024
presidential election, after winning 99.15% of the votes in an election where only two challengers were allowed to run
against him. This result will extend his 24-year rule by another 5 years. His opponents Frank Habineza of the Democratic
Green Party and independent Philippe Mpayimana received 0.53% and 0.32% of the votes, respectively. With 65% of the
population aged under 30, Paul Kagame is the only leader most Rwandans have ever known. Paul Kagame has led the
landlocked East African country since he seized power as the head of rebels who took control of the government and ended
the genocide in 1994. He was Vice President and de facto leader from 1994 to 2000 when he became President. He is among
African leaders who have prolonged their rule by pursuing changes to term limits. In 2015, Rwandans in a referendum voted
to lift a two-term limit. Now he could stay in power until 2034. {Read More}
Smart Points:
• Paul Kagame (Rwandan Patriotic Front) – won 2024 presidential election of Rwana
• It will extend his 24-year rule by 5 more years
• Rwanda – Kigali – Rwandan Franc | President – Paul Kagame
226. Justice Sujit Narayan Prasad, currently the senior-most judge of the Jharkhand High Court, was
appointed as the acting Chief Justice of the Jharkhand High Court as incumbent Chief Justice Bidyut Ranjan
Sarangi demits office after a brief tenure lasting nearly a fortnight. Justice Prasad assumed the charge on
July 20. While the Supreme Court judges retire at the age of 65 years, the high court judges demit office at
the age of 62. {Read More}
Smart Points:
• Justice Sujit Narayan Prasad – appointed as acting Chief Justice of Jharkhand High Court (succeeding - Justice Bidyut
Ranjan Sarangi)
• He is currently the senior-most judge of the Jharkhand High Court
• Retirement ages of Judges: Supreme Court – 65 years | High Court – 62 years
227. PwC India has announced that Sanjeev Krishan has been re-elected for a second term as Chairperson
of PwC in India, for a 4-year period beginning on April 1, 2025. As Chairperson, Krishan will continue to lead
PwC in India, representing them externally and internally. He will also continue to serve on the PwC Global
Strategy Council. Mr Krishan’s first term as Chairperson started on January 1, 2021. {Read More}
Smart Points:
• Sanjeev Krishan – re-elected for 2nd term as Chairperson of PwC in India, for 4 years (from April 1, 2025)
• HQs of PwC India – Kolkata | Chairman – Sanjeev Krishan | Founded in – 1880
228. Cmde D. K. Murali, IN (Retd.) has assumed the charge of Chairman and Managing Director (CMD) of
Broadcast Engineering Consultants India Limited (BECIL), a Mini Ratna Central Public Sector Enterprise
(CPSE) under the Ministry of Information & Broadcasting. Prior to this, Cmde D.K. Murali, IN (Retd.) had
served in the Indian Navy, for nearly 35 years. As the CMD of BECIL, Cmde D.K. Murali, IN (Retd.) will be
accountable to the Board of Directors and Government of India. {Read More}
Smart Points:
• Cmde D. K. Murali – assumed charge of CMD of BECIL, a Mini Ratna CPSE under Ministry of I&B
• HQs of BECIL – New Delhi | CMD – Cmde D. K. Murali | Established in – 1995
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229. Estonia’s parliament has approved Climate Minister, Kristen Michal, as the country’s next Prime Minister,
replacing Kaja Kallas who recently resigned to become the European Union's foreign policy chief. Michal is
from the liberal Reform party, and will lead the same centre-right majority coalition as Kaja’s predecessor.
{Read More}
Smart Points:
• Kristen Michal (Reform party & current Climate Minister) – approved as next PM of Estonia (replacing - Kaja Kallas)
• Kaja Kallas – to be European Union's foreign policy chief
• Estonia – Tallinn – Euro | President – Alar Karis | PM – Kristen Michal
230. Veteran filmmaker Shekhar Kapur, known for films such as ‘Mr India’, ‘Bandit Queen’ and
‘Elizabeth’, has been appointed Festival Director for the International Film Festival of India (IFFI).
Mr. Kapur will head the festival, held annually in Goa, for the 55th and 56th editions. Mr. Kapur
served as the head of the chairperson of the international competition Jury at the 54 th IFFI. He
also served as chairperson of the Pune-based Film and Television Institute of India from 2020-
2023. {Read More}
Smart Points:
• Shekhar Kapur – appointed as Festival Director for IFFI for 55th & 56th editions to be held in Goa
• He served as – head of chairperson of international competition Jury at 54th IFFI & chairperson of FTII from 2020-2023
231. Cost And Management Accountant (CMA) Bibhuti Bhusan Nayak, a Fellow Member of the
Institute of Cost Accountants of India (ICMAI) and Member of the Bhubaneswar Chapter with
over 30 years of professional experience has been elected as the 67th President of the ICMAI for
the year 2024-2025. Bibhuti Bhusan Nayak is Odisha’s 3rd Cost Accountant to ascend to this
esteemed position. He retired as DGM (Finance) from Odisha Power Transmission Corporation
Limited (OPTCL) and is currently a practising Cost Accountant. Earlier he also served as the Chairman of the Bhubaneswar
Chapter (2015-16) and as the Chairman of the Eastern India Regional Council (EIRC) of ICMAI (2022-2023). He was elected
as a Council member of the Institute for the term 2023-27 and served as Vice President for the year 2023-24. Additionally,
TCA Srinivasa Prasad is elected as the vice president of the ICMAI for 2024-25. {Read More}
Smart Points:
• Bibhuti Bhusan Nayak (Cost & Management Accountant) – elected as 67th President of ICMAI for 2024-2025
• He is Odisha’s 3rd Cost Accountant to ascend to this position
• Srinivasa Prasad (TCA) – elected as vice president of ICMAI for 2024-25
• HQs of ICMAI – Kolkata, West Bengal | President – Bibhuti Bhusan Nayak | Founded in – 1959
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232. President Droupadi Murmu has appointed Governors for nine states - Rajasthan, Telangana,
Maharashtra, Punjab, Sikkim, Meghalaya, Assam, Jharkhand and Chhattisgarh. Former Maharashtra
Assembly Speaker Haribhau Kisanrao Bagde has been appointed Governor of Rajasthan while former
Tripura Deputy Chief Minister Jishnu Dev Varma has been appointed Governor of Telangana. The
President has appointed former Rajya Sabha MP Om Prakash Mathur as Governor of Sikkim. Similarly,
former Union Minister Santosh Kumar Gangwar has been appointed as Governor of Jharkhand, while former Lok Sabha MP
from Assam Ramen Deka has been made Governor of Chhattisgarh. Former Karnataka Minister CH Vijayashankar has been
appointed as Governor of Meghalaya. CP Radhakrishnan who is presently Governor of Jharkhand has been made Governor
of Maharashtra. Assam Governor Gulab Chand Kataria has been appointed as Governor of Punjab and Administrator of the
Union Territory of Chandigarh. Similarly, Sikkim Governor Lakshman Prasad Acharya has been appointed as Governor of
Assam and has also been given additional charge as Governor of Manipur. Former IAS officer K Kailashnathan has been
appointed Lieutenant Governor of Puducherry. Article 153 of the Indian Constitution says “There shall be a Governor for
each State.” Article 155 says that the “Governor of a State shall be appointed by the President by warrant under his hand
and seal”. Under Article 156, “the Governor shall hold office during the pleasure of the President”, but his normal term of
office will be 5 years. Articles 157 and 158 lay down the qualifications of the Governor. The Governor must be a citizen of
India and should have completed the age of 35 years. The Governor should not be a member of Parliament or a state
legislature, and must not hold any other office of profit. {Read More}
Smart Points:
• President Droupadi Murmu – appointed Governors for nine states:
- Haribhau Kisanrao Bagde – Rajasthan
- Jishnu Dev Varma – Telangana
- Om Prakash Mathur – Sikkim
- Santosh Kumar Gangwar – Jharkhand
- Ramen Deka – Chhattisgarh
- CH Vijayashankar – Meghalaya
- CP Radhakrishnan – Maharashtra
- Gulab Chand Kataria – Punjab | Administrator – Chandigarh
- Lakshman Prasad Acharya – Assam | Additional charge – Governor of Manipur
• K Kailashnathan – appointed as Lieutenant Governor of Puducherry
• Articles of Indian Constitution dealing with Governor:
- Article 153 – There shall be a Governor for each State.
- Article 155 – Governor of a State shall be appointed by the President by warrant under his hand and seal.
- Article 156 – Governor shall hold office during the pleasure of the President | Normal term of office – 5 years
- Articles 157 & 158 – lay down qualifications of the Governor
• Qualifications of the Governor
- Must be a citizen of India | Minimum age – 35 years
- Governor should not be a member of Parliament or a state legislature & must not hold any other office of profit
https:// /#
233. Manoj Mittal is appointed as a new Chairman and Managing Director (CMD) of Small Industries
Development Bank of India (SIDBI). Prior to this appointment, Mittal was MD & CEO at government-owned non-
banking finance company IFCI Ltd. Mittal, who has now assumed charge as SIDBI CMD, has replaced
Sivasubramanian Ramann, who had joined SIDBI in April 2021 for a 3-year period. {Read More}
Smart Points:
• Manoj Mittal – appointed as new CMD of SIDBI (replacing - Sivasubramanian Ramann)
• HQs of SIDBI – Lucknow, UP | CMD – Manoj Mittal | Established in – 1990
Awards, Rewards, Recognition & Prizes

234. Taiwanese electronics giant, Foxconn’s Chairman, Young Liu received the Padma Bhushan
Award from India Taipei Association Director General Manharsinh Yadav at Taipei on July 4. He was
conferred with Padma Bhushan, the third highest civilian award, on the eve of the 75th Republic Day
this year. Foxconn’s total investment in India is estimated to be in the range of $9-10 billion. The
company is also in process of expanding its iPhone production facility, setting up a chip plant in a
joint venture with HCL Group, an electric vehicle manufacturing unit and Apple Airpods. {Read more}
Smart Points:
• Young Liu (Chairman of Foxconn) – received Padma Bhushan Award (3rd highest civilian award) at Taipei on July 4
- From Manharsinh Yadav (DG of India Taipei Association)
• Foxconn’s total investment in India – estimated to be in the range of $9-10 billion
• Foxconn + HCL Group + Apple Airpods = a JV to set up a chip plant to expand iPhone production facility in India
• HQs of Foxconn – Taipei, Taiwan | Chairman & CEO – Young Liu
235. Uttarakhand Chief Minister Pushkar Singh Dhami was honoured with the prestigious “Dr
Syama Prasad Mukherjee Award” in Mumbai for implementing the Uniform Civil Code (UCC) in
Uttarakhand. Uttarakhand is the first state in India to implement UCC. The Deep Kamal Foundation
honoured Chief Minister Pushkar Singh Dhami with the award. The event took place on the
occasion of Dr Syama Prasad Mukherjee’s martyrdom day on June 23, in a ceremony organized at
Veer Savarkar Hall in Dadar, Mumbai. {Read more}
Smart Points:
• Pushkar Singh Dhami – honoured with “Dr Syama Prasad Mukherjee Award” for implementing UCC in Uttarakhand
• Honoured by – Deep Kamal Foundation | At – Veer Savarkar Hall, Dadar, Mumbai
• Uttarakhand – the first state in India to implement UCC
https:// /#
236. Union Law Minister Arjun Ram Meghwal awarded the “President’s Police
Medal (PPM)” for Distinguished Service and the “Indian Police Medal (IPM)” for
Meritorious Service to 39 Central Bureau of Investigation (CBI) officers and
officials, during an investiture ceremony held at the CBI Academy in Ghaziabad,
Uttar Pradesh. The minister praised the CBI’s exceptional investigative work,
reflected in its high conviction rate, and emphasized its status as the best
investigating agency in India. PPM was originally called the ‘President’s Police and Fire Service Medal’. {Read more}
Smart Points:
• “President’s Police Medal (PPM)” for Distinguished Service & “Indian Police Medal (IPM)” for Meritorious Service – given
to 39 CBI officers & officials
- By – Arjun Ram Meghwal, Union Law Minister | At – CBI Academy in Ghaziabad, Uttar Pradesh
• Original name of PPM – ‘President’s Police and Fire Service Medal’
237. Two well-known bestselling authors, Lord Jeffrey Archer and Amish Tripathi, have
partnered with UK-headquartered India Global Forum (IGF) to launch a brand-new “IGF
Archer-Amish Award” for literature worth $25,000 to nurture talent in contemporary
Indian fiction and celebrate storytelling that makes a significant contribution to the India
story. The winner of the prize money will be declared at the next IGF London summit in
2025. The winner of the award will also be featured across IGF platforms, sharing their
creative journey and introducing their work to a worldwide audience. {Read more}
Smart Points:
• Lord Jeffrey Archer + Amish Tripathi + IGF = to launch “IGF Archer-Amish Award” for literature worth $25,000
• Aim: To nurture talent in contemporary Indian fiction & celebrate storytelling
• HQs of IGF – London, UK | Chairman – Manoj Ladwa
238. Hyderabad-based L&T Metro Rail Ltd (L&TMRHL) has received the “Golden
Peacock Award” in the Transportation (Railways) category for Excellence in
Occupational Health & Safety. The award ceremony was held at the Institute of
Directors (IOD's) 25th “International Conference on Environment Management and
Climate Change” in Bengaluru. The award was presented by former Chief Justice of India
Uday U. Lalit and Justice Ritu Raj Awasthi, former Chief Justice of Karnataka High Court.
This award underscores L&TMRHL’s unwavering dedication to the safety of its
workforce, exceeding 126 direct employees and 2600 total personnel. KVB Reddy is MD & CEO of L&TMRHL. {Read more}
Smart Points:
• 25th “International Conference on Environment Management and Climate Change” – held in Bengaluru
• L&TMRHL – received “Golden Peacock Award” in Transportation (Railways) category for Excellence in Occupational
Health & Safety
• Presented by – Uday U. Lalit (Former CJI) & Ritu Raj Awasthi (Former CJ of Karnataka HC)
• HQs of L&TMRHL – Hyderabad, Telangana | Chairman – S N Subrahmanyan | Founded in – 2010
https:// /#
239. President Droupadi Murmu, the Supreme Commander of the armed
forces, has conferred 10 Kirti Chakras, including 7 posthumously, to personnel
of the Army and paramilitary forces for displaying indomitable courage and
extraordinary valour in the line of duty. Kirti Chakra is India’s second-highest
peacetime gallantry award, after Ashok Chakra. President Murmu also
presented 26 Shaurya Chakras, including 7 posthumously, to the personnel of
the armed forces, Central Armed Police Forces and state/Union Territory
police during a defence investiture ceremony held at the Rashtrapati Bhavan. The Shaurya Chakra is India’s third-highest
peacetime gallantry award. The 7 posthumous Kirti Chakras awardees are - Dilip Kumar Das, Raj Kumar Yadava, Bablu Rabha,
Sambhu Roy, Pawan Kumar, Anshuman Singh, & Abdul Majid. While, the remaining 3 Non-Posthumous Kirti Chakras
Awardees Are - Digvijay Singh Rawat, Deependra Vikram Basnet, & Pawan Kumar Yadav. Ashok Chakra is made of gold, Kirti
Chakra is made of silver & Shaurya Chakra is made of bronze. {Read more}
Smart Points:
• President Droupadi Murmu – conferred 10 Kirti Chakras
- 7 Posthumous: Dilip Kumar Das, RK Yadava, Bablu Rabha, Sambhu Roy, Pawan Kumar, Anshuman Singh, & Abdul Majid
- 3 Non-Posthumous: Digvijay Singh Rawat, Deependra Vikram Basnet, & Pawan Kumar Yadav
• President Droupadi Murmu – also conferred 26 Shaurya Chakras
• India’s Highest Peacetime Gallantry Awards: Ashok Chakra, Kirti Chakra & Shaurya Chakra (respectively)
• Ashok Chakra is made of – Gold | Kirti Chakra – Silver | Shaurya Chakra – Bronze
240. Roshni Nadar Malhotra, Chairperson of HCL Tech, was awarded the “Chevalier de la
Légion d’Honneur” (Knight of the Legion of Honour) by France for outstanding service and
promoting economic ties between France and India, as well as her commitment to social
and environmental causes. The award was presented by H.E. Thierry Mathou, Ambassador
of France to India, on behalf of French President Emmanuel Macron. Since 2009, HCLTech
has been a digital transformation partner to G2000 French companies in aerospace,
manufacturing, financial services, and pharmaceuticals. Beyond business, it has partnered
with Apprentis d’Auteuil to improve software coding skills in middle schools and boost the local tech ecosystem. Instituted
in 1802 by Napoleon Bonaparte, the “Chevalier de la Légion d’Honneur” is the highest civilian award given by the French
Republic for outstanding service to France, regardless of the nationality of the recipients. The President of the French
Republic is the Grand Master of the Order of the Legion of Honour. {Read More}
Smart Points:
• Roshni Nadar Malhotra (Chairperson of HCL Tech) – awarded “Chevalier de la Légion d’Honneur” by France
• For outstanding service & promoting economic ties between France & India
• Award presented by – H.E. Thierry Mathou (Ambassador of France to India)
• “Chevalier de la Légion d’Honneur” – highest civilian award given by France for outstanding service to France
- Instituted by – Napoleon Bonaparte in 1802
• HCLTech + Apprentis d’Auteuil = to improve software coding skills in middle schools & boost local tech ecosystem
https:// /#
241. In a special ceremony in St. Andrew Hall in the Kremlin, President of the Russian
Federation, H.E. Mr. Vladimir Putin conferred Russia’s highest national award “The Order of
St. Andrew the Apostle” on PM Narendra Modi for his contribution to fostering India-Russia
ties. The award was announced in 2019. This award was instituted over 300 years ago. It is
awarded to distinguished government officials, military leaders, and notable figures in science,
culture, art, and various sectors of the economy for their exceptional contributions to Russia.
PM Narendra Modi is the first Indian leader to be conferred with this award. {Read More}
Smart Points:
• PM Narendra Modi – conferred with “The Order of St. Andrew the Apostle,” Russia’s highest national award
• He was awarded by Vladimir Putin for his contribution to foster India-Russia ties
• PM Narendra Modi – first Indian leader to be conferred with this award
242. Writer, critic and feminist activist P. Geetha was presented with the first “K. Saraswathi Amma
Award”, instituted by WINGS (Women’s Integration and Growth Through Sports) Kerala, for feminist
studies. Her work ‘Aan Thachukal’ (male creations) about M.T. Vasudevan Nair’s scripts won the
award. Saraswathi Amma published her first short story in 1938. In her time, she was dubbed as a
‘Men Hater’. N. A. Vinaya is the founder of WINGS. {Read More}
Smart Points:
• P. Geetha – presented with first “K. Saraswathi Amma Award” for feminist studies
• She was awarded for her work – ‘Aan Thachukal’ (male creations) about M.T. Vasudevan Nair’s scripts
• The award was instituted by – WINGS (Women’s Integration and Growth Through Sports) Kerala
• Location of WINGS – Kerala | Founder – N. A. Vinaya
243. Nagaland has been adjudged as ‘Best State in Horticulture’ at the “Agriculture
Leadership Awards 2024” for its outstanding work in introducing innovative programmes
and policies for horticulture development. While, Maharashtra was adjudged as ‘Best State
in Farming’. The award jury was chaired by Justice P. Sathasivam, Former Chief Justice of
India & Former Governor of Kerala. The 15th Agriculture Leadership Conclave was held in
New Delhi. The annual awards were instituted in 2008 for recognising excellence and
leadership roles played by individuals and organisations towards the development of agriculture and bringing about rural
prosperity. {Read More}
Smart Points:
• 15th Agriculture Leadership Conclave 2024 – held in New Delhi
• Nagaland – adjudged as ‘Best State in Horticulture’ | Maharashtra – adjudged as ‘Best State in Farming’
• The award jury was chaired by – Justice P. Sathasivam (awards were instituted in 2008)
244. Noted Tamil writer, Sivashankari, who has created a wealth of literature in Tamil, has been selected
for “Dr. C. Narayana Reddy National Literary Award 2024”, aka “Vishwambhara” award. Ms. Sivashankari
will be honoured with a cash prize of ₹5 lakh, a memento and a shawl in recognition of her contribution
to the field of literature. Ms. Sivashankari will receive the ‘Vishwambhara’ award during Dr. C. Narayana
Reddy’s 93rd birth anniversary celebrations at Ravindra Bharati in Hyderabad on July 29. Chief Minister
A. Revanth Reddy will be the chief guest of the event. The Chennai-based writer has penned 36 novels, 48 mini-novels
(navalikas), 150 stories, 15 travelogues, 7 volumes of essays, 4 research papers and 2 biographies in Tamil. {Read More}
https:// /#
Smart Points:
• Sivashankari (Tamil writer) – selected for ‘Dr C. Narayana Reddy National Literary Award 2024’ or ‘Vishwambhara’ award
• She will be honoured with a cash prize ₹5 lakh, a memento & a shawl | For – her contribution to Tamil literature
• Award will be received during – Dr. C. Narayana Reddy’s 93rd birth anniversary celebrations in Hyderabad on July 29
245. Bengaluru-based Amrut Distilleries has captured global acclaim by winning the coveted
“World’s Best Whiskey” title at the 2024 International Spirits Challenge held in London, UK. This
accolade, part of the 29th edition of the Challenge, featured top whiskey brands worldwide.
Amrut Distilleries distinguished itself by securing five gold medals in the fiercely competitive
“World Whisky Category,” setting a new standard for Indian distilleries on the global stage. The
company was founded in 1948 by the late Radhakrishna Jagdale. {Read More}
Smart Points:
• 29th edition of ‘International Spirits Challenge 2024’ – held in London, UK
• “World’s Best Whiskey” title – won by Amrut Distilleries (Bengaluru)
• HQs of Amrut Distilleries – Bengaluru, Karnataka | MD – Neelakanta Rao Jagdale | Founded in – 1948
246. Somalia’s only all-women news team, “Bilan”, won the “2024 One World
Media Press Freedom Award”, and became the first Somali media team to
receive this honour. The award honours their courageous reporting over the
past two years, which has smashed taboos and blazed a trail for women
journalists in one of the most dangerous countries to report the news.
Established by the United Nations Development Programme (UNDP) in 2021
and funded by the European Union (EU) since 2024 through UNDP, “Bilan” is
hosted by Dalsan Media Group at offices in Mogadishu, Somalia. The awards
recognise the best media coverage of the global south. Other winners of the “2024 One World Media Awards” are given
below. {Read More}
Smart Points:
• Winners of the 2024 One World Media Awards:
- “Press Freedom Award”: Bilan Media (Somalia)
- “Freelance Journalist of the Year”: Varsha Bansal (India)
- “Correspondent of the Year Award”: Prue Lewarne | SBS TV Australia
- “News Award”: On Assignment: The Enyobeni Tavern Tragedy | ITV | Rohit Kachroo
- “New Voice Award”: Yousef Hammash (Palestine) | Channel 4 News
- “Podcast & Radio Award”: This Coal Life | Radio Workshop NPC | Dhashen Moodley
- “Refugee Reporting Award”: Alone and Exploited | The New York Times | Hannah Dreier
- “Short Documentary Award”: Can I Hug You? | Jumping Ibex | Elahe Esmaili & Hossein Behboudi Rad
- “Student Award”: Knife’s Edge | National Film and Television School | Rodrigo Andrés Durán Osorio
- “Current Affairs Award”: Fault Lines-The Confession | Al Jazeera English | Jeremy Raff
- “Print Award”: Slaughter in El Geneina | Reuters | Maggie Michael, Ryan McNeill, Zohra Bensemra & El Tayeb Siddig
https:// /#
- “Innovative Storytelling Award”: A Woman’s World: Creating spaces for joy, leisure, and resistance in South and
Southeast Asia | Kontinentalist | Mariyam Haider in collaboration with Khabar Lahariya
- “Environmental Reporting Award”: Tuvalu: Losing Paradise | Channel 4 News | Grace Malie, Tilly Cowan, Sophie
Larkin-Tannett, Louise Turner
- “Feature Documentary Award”: Hong Kong Mixtape | Younger Productions & Tigerlily Productions | San San F.
Young
- “Women’s Solutions Reporting Award”: 101 East-India’s Women Combat Fighters | Al Jazeera | Rudraneil Sengupta
& Sreya Banerjee
247. Captain Avhilash Rawat and his crew have been named among the winners of the
“International Maritime Organisation (IMO) 2024 Award for Exceptional Bravery at Sea”. They
were honoured for their determination and endurance during a rescue mission in the Red Sea,
where they faced serious fire after their ship was hit by an anti-ship missile believed to be fired
by Iranian-backed Houthi rebels. Captain Rawat and his crew were nominated for the award by
the Marshall Islands. Captain Brijesh Nambiar and the crew of the Indian Navy ship INS
Visakhapatnam have been conferred a “Letter of Commendation” for their support to the oil
tanker ‘Marlin Luanda’ when in distress. The IMO annually invites nominations from member
countries to honour seafarers for exceptional bravery at sea who were reviewed by an Assessment Panel of experts. The
annual awards ceremony will be held at IMO Headquarters in London on 2nd December, 2024, during the 109th session of
the Maritime Security Committee. The IMO, a specialised agency of the UN established in 1948, regulates shipping and
prevents marine pollution from ships. {Read More}
Smart Points:
• Capt. Avhilash Rawat & crew – winners of “IMO 2024 Award for Exceptional Bravery at Sea”
• Nominated for this award by – Marshall Islands
• Capt. Brijesh Nambiar & crew of INS Visakhapatnam – conferred “Letter of Commendation”
• Annual awards ceremony – to be held in London on Dec 2, 2024 | During – 109th session of Maritime Security Committee
• HQs of IMO – London, UK | Secretary-General – Arsenio Dominguez | Established in – 1948
248. Sopna Kallingal of Kallingal Plantation, Thrissur, Kerala, and Ms Diya Foundation, Kamrup, Assam
received the “Spice Awards 2024”, instituted by the Indian Council of Agricultural Research-Indian Institute
of Spices Research (ICAR-IISR). Sopna Kallingal was selected considering her initiatives in enterprise
diversification and integrated crop management strategies promoting a spice-based cropping system. Diya
Foundation was recognized by the award committee for their efforts in promoting spice farming among
small and marginal farmers of the North Eastern Region. The “Spice Awards” aims to recognize and
encourage new and environmentally friendly farming methods in India’s spice business. {Read More}
Smart Points:
• Sopna Kallingal (Kerala) + Ms Diya Foundation (Assam) = received the “Spice Awards 2024” (instituted by - ICAR-IISR)
• Sopna Kallingal – selected for her initiatives in enterprise diversification & integrated crop management strategies
• Ms Diya Foundation – for their efforts in promoting spice farming among small and marginal farmers of NE Region
• HQs of ICAR-IISR – Kozhikode, Kerala | Director – Dr. R Dinesh
https:// /#
249. Renowned Indian Professor of Victimology, K. Chockalingam, is selected for the “Hans von Hentig
Award” for his significant contributions to the field of victimology, and will reportedly be the first Asian
and Indian to be given this award. This is the highest award by the World Society of Victimology (WSV)
and is presented in remembrance of the famous pioneer of Victimology, Hans von Hentig. The award is
presented once in three years to a person who has made a significant contribution in the field of
Victimology. Prof. Dr Chockalingam is a renowned academician and scholar in the field of victimology.
He participated in the 7th UN Nations Congress on the “Prevention of Crime and the Treatment of
Offenders” held in Milan, which led to the adoption of the “UN Declaration of Basic Principles of Justice for Victims of Crime
and Abuse of Power” by world countries for the first time, and the adoption of this instrument, called as ‘magna carta for
victims’ by the General Assembly of the UN in 1985. He was the founding member and head of the Department of
Criminology, founded in 1983, at the University of Madras. Dr Chockalingam is currently a professor emeritus in victimology
at the R V University in Bengaluru. The award is instituted by the WSV, a not-for-profit, nongovernmental organization with
Special Category consultative status with the Economic and Social Council of the United Nations and the Council of Europe.
The award will be presented to Dr Chockalingam during the 18th WSV International Symposium on Victimology to be held at
the National Forensic Science University of India, Gujarat, from September 1 to 5, 2024. {Read More}
Smart Points:
• K. Chockalingam – first Asian & Indian to receive “Hans von Hentig Award” for his contributions to field of victimology
• Hans von Hentig Award – highest award by the World Society of Victimology | Presented – once in 3 years
• 7th UN Nations Congress on “Prevention of Crime and the Treatment of Offenders” – held in Milan
- It led to adoption of “UN Declaration of Basic Principles of Justice for Victims of Crime and Abuse of Power” by
countries for first time
- Adoption of this instrument, called ‘magna carta for victims’ by – UN General Assembly in 1985
• He is currently a professor emeritus in victimology at – R V University in Bengaluru
• He will be awarded during – 18th WSV International Symposium on Victimology
- To be held at – National Forensic Science University of India, Gujarat | From – September 1-5, 2024
250. A translation of a collection of short stories written by Banu Mushtaq, a writer and advocate
based in Hassan, has won an “English PEN Translates Award” for the year 2024. Deepa Basthi has
translated short stories into English under the title “Haseena and Other Stories.” For the first time,
a book translated from Kannada has been selected for the award, published by And Other Stories.
“English PEN” is one of the human rights organisations that fights for “freedom to write and freedom
to read.” Every year, the organisation awards translation awards. This time, books from 11 regions
and 10 languages won the translation awards (refer full list here). “English PEN” presented 2 annual
literary prizes, the “PEN Pinter Prize” and the “PEN Hessell-Tiltman Prize”. Arundhati Roy has been awarded the “PEN Pinter
Prize 2024”. {Read More}
Smart Points:
• “Haseena and Other Stories” – won “English PEN Translates Award” for 2024 | Translated by – Deepa Basthi
• Written by – Banu Mushtaq | Published by – And Other Stories | 1st time book translated from Kannada won this
award
• “English PEN” presented 2 annual literary prizes, the “PEN Pinter Prize” & the “PEN Hessell-Tiltman Prize”
• “PEN Pinter Prize 2024” – awarded to Arundhati Roy
https:// /#
251. Lallianzuala Chhangte and Indumathi Kathiresan were named the “AIFF
Best Men’s and Women’s Players of the Year for 2023-24” season in a
glittering AIFF Award Night attended by a galaxy of icons from the sporting
world in New Delhi. Apart from Chhangte and Indumathi, the other individual
award winners were Khalid Jamil (Best Men’s Coach), Sukla Dutta (Best
Women’s Coach), David Lalhlansanga (Promising Men’s Player), Neha
(Promising Women’s Player), Ramachandran Venkatesh (Best Referee) and
Ujjal Halder (Best Assistant Referee). Lallianzuala was awarded the AIFF Men’s Player of the Year for the second time in a
row, becoming only the 5th player to win the award multiple times. Indumathi was awarded the AIFF Women’s Player of the
Year, becoming the first player from Tamil Nadu to win the award. Young striker David Lalhlansanga was awarded the AIFF
Promising Men’s Player of the Year for his fiery goalscoring form in the season. {Read More}
Smart Points:
• “AIFF Best Players of the Year for 2023-24”: Men’s – Lallianzuala Chhangte | Women’s – Indumathi Kathiresan
• Other individual award winners:
- Best Coach: Men’s – Khalid Jamil | Women’s – Sukla Dutta
- Promising Player: Men’s – David Lalhlansanga | Women’s – Neha
- Best Referee – Ramachandran Venkatesh | Best Assistant Referee – Ujjal Halder
• Lallianzuala – awarded for 2nd time in a row | He became only the 5th player to win this award multiple times
• Indumathi – became the first player from Tamil Nadu to win this award
252. The Union Budget 2024-25, presented by the Finance Minister Nirmala Sitharaman, outlines significant efforts for
boosting employment in the country with Employment and Skilling being one of its’ priorities. As part of the Prime Minister’s
package, five key schemes and initiatives have been announced, supported by a massive central outlay of Rs 2 lakh crore.
The package will facilitate employment, skilling and other opportunities for 4.1 crore youth over a 5-year period. Three of
these five schemes will be implemented through the Employee Provident Fund Organisation (EPFO). The remaining two
schemes under the Prime Minister’s package are also geared towards augmenting skilling and opportunities for internships.
{Read More}
Smart Points:
• Finance Minister Nirmala Sitharaman presented ‘Union Budget 2024-25’
• Prime Minister’s Package is allocated an outlay of Rs 2 lakh crore
• As part of PM’s Package, 5 key schemes & initiatives have been announced, 3 of which will be implemented by EPFO
• HQs of EPFO – New Delhi | CEO – Neelam Shami Rao | Established in – 1952
253. Olympic gold medal winning shooter, Abhinav Bindra, was awarded with Olympic Order by the
International Olympic Committee (IOC). The award which was presented to Bindra for his outstanding
services to the Olympic Movement, will be officially handed over to him during the 142nd IOC Session
in Paris on August 10, a day before the closing of the Paris Olympics. The Olympic Order is the highest
award of the IOC, given for distinguished contributions to the Olympic Movement. Bindra became
India’s first individual Olympic gold medallist when he won the men’s 10m air rifle event at 2008 Beijing Games. He was a
member of the Athlete Committee of the International Shooting Sport Federation (ISSF) from 2010 to 2020, serving as its
Chair from 2014. {Read More}
Smart Points:
• Abhinav Bindra (Indian shooter) – awarded with Olympic Order by the International Olympic Committee (IOC)
https:// /#
• The award will be officially handed over to him during the 142nd IOC Session in Paris, France, on August 10, 2024
• The Olympic Order is the highest award of the IOC
• Bindra became India’s first individual Olympic gold medallist in 2008
• He was member of ISSF from 2010 to 2020, serving as its Chair from 2014
254. Ministry of Housing and Urban Affairs (MoHUA) organised an event, named
“Utkrishtata ki Ore Badhte Kadam: Celebrating Achievements, Inspiring Excellence” to
felicitate best performers under PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi)
Yojana and Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM).
The event was organised to commemorate the outstanding accomplishments of the year
2023-24 and express gratitude to the stakeholders, including central ministries and state
governments, urban local bodies, and lending institutions, whose tireless efforts were instrumental in achieving those
milestones. The stakeholders were honoured with ‘PRAISE’ (Performance Recognition for Access to Financial Inclusion and
Street Vendors Empowerment) and ‘SPARK’ (Systematic Progressive Analytical Real Time Ranking) awards for their
exceptional performance. The PM SVANidhi scheme, launched on June 1, 2020, aims to provide collateral-free working
capital loans up to Rs 80,000 with a 7% interest subsidy. DAY-NULM was launched by the Ministry of Housing and Urban
Affairs on 24 September 2013. The mission aims to provide shelters equipped with essential services to the urban homeless.
The detailed list of PRAISE and SPARK winners is here. {Read More}
Smart Points:
• MoHUA – organised an event, “Utkrishtata ki Ore Badhte Kadam: Celebrating Achievements, Inspiring Excellence”
• Aim: To felicitate best performers under ‘PM SVANidhi Yojana’ & ‘DAY-NULM’
• Stakeholders were honoured with ‘PRAISE’ & and ‘SPARK’
• PM SVANidhi – launched on June 1, 2020 | Collateral-free working capital loans up to – Rs 80,000 (7% int. subsidy)
• DAY-NULM – on September 24, 2013 | Aim: To provide shelters equipped with essential services to the urban homeless
• Minister of Housing & Urban Affairs: Manohar Lal Khattar | Constituency – Karnal, Haryana
MoS in Ministry of Housing & Urban Affairs: Tokhan Sahu
255. Captain Ian Finley, Permanent Representative of the Cook Islands to IMO, has been selected as the
recipient of the prestigious “International Maritime Prize 2023”. The decision was made by the IMO
Council at its 132nd Session in July 2024. Captain Finley was nominated for the award by the Government
of the Cook Islands. As a delegate to IMO, representing Panama and latterly the Cook Islands, he has been
an active participant in the development of virtually all safety, environmental and legal legislation adopted
by the Organization since 1995. He has been Permanent Representative to the International Mobile
Satellite Organization (IMSO), the International Oil Pollution Compensation Funds (IOPC) and the Organization for the
Prohibition of Chemical Weapons (OPCW). {Read More}
Smart Points:
• Captain Ian Finley – selected as recipient of “International Maritime Prize 2023”
• He is currently the Permanent Representative of the Cook Islands to IMO
• Cook Island – Avarua – New Zealand Dollar | PM – Mark Brown
• HQs of IMO – London, UK | Secretary-General – Arsenio Dominguez | Established in – 1948
https:// /#
256. Andhra Pradesh Community Managed Natural Farming (APCNF), a state government’s initiative launched through
Rythu Sadhikara Samstha (RySS) seven years ago, has won the “2024 Gulbenkian Prize for Humanity”, an award instituted
by Portugal-based Calouste Gulbenkian Foundation (CGF) and presented annually to individuals and organisations
contributing to global food security, climate resilience and ecosystem protection. The APCNF shares this year’s 1-million-
euro prize money with two others-renowned soil scientist Rattan Lal and Egypt-based SEKEM, a conglomeration of NGOs
and businesses championing holistic approaches to tackle climate change. The three recipients of the award were selected
out of 181 nominations with nominees from 117 nationalities by a jury chaired by Dr. Angela Markel. The APCNF is a
Statewide programme supporting smallholder farmers to switch from chemically intensive agriculture to ‘natural farming’.
The initiative was launched in 2016 by the Government of Andhra Pradesh to find a sustainable solution to farmers’ distress
caused by economic crises in agriculture and climate change. {Read More}
Smart Points:
• APCNF – won “2024 Gulbenkian Prize for Humanity” | Instituted by – Calouste Gulbenkian Foundation (Portugal)
- APCNF – Andhra Pradesh Community Managed Natural Farming
• Two others winners – soil scientist Rattan Lal & SEKEM (Egypt), a conglomeration of NGOs & businesses
• APCNF – launched in 2016 to find a sustainable solution to farmers’ distress in agriculture & climate change
• Andhra Pradesh: Capital – Amaravati | CM – Nara Chandrababu Naidu | Governor – Syed Abdul Nazeer
257. The Town Official Language Implementation Committee-(TOLIC) (PSU)-Visakhapatnam meeting was held at RINL-
Visakhapatnam Steel Plant, Andhra Pradesh. Atul Bhatt, Chairman, TOLIC and RINL CMD, presented ‘Rajbhasha Gaurav
Samman’ awards for the year 2022-23 to the PSUs located in Visakhapatnam for their performance in the field of Official
Language implementation and ‘Nagar Rajbhasha Samman’ to the Hindi Officers and Coordinators of the respective
organisations in the meeting, at ‘Nagarjuna’ Conference Hall of Visakhapatnam Steel Plant. TOLIC (PSU) has achieved a
special recognition by bagging Rajbhasha Keerti Puraskar for the year 2021-22 at the national level. {Read More}
Smart Points:
• TOLIC (PSU)-Visakhapatnam meeting – held at RINL-Visakhapatnam Steel Plant, Andhra Pradesh
• ‘Rajbhasha Gaurav Samman’ awards for 2022-23 – awarded to PSUs located in Visakhapatnam for their performance in
field of Official Language implementation
• ‘Nagar Rajbhasha Samman’ awards for 2022-23 – awarded to Hindi Officers & Coordinators of respective organisations
• Rajbhasha Keerti Puraskar for year 2021-22 at the national level – awarded to TOLIC (PSU)
258. India’s “Chandrayaan-3 mission” has brought immense pride to the nation by winning the
prestigious “World Space Award” for its remarkable contributions to space exploration. The
award, presented by the ‘International Astronautical Federation (IAF)’, recognizes the mission’s
historic achievement of making India the 1st country to land near the lunar South Pole. One of
the significant achievements of “Chandrayaan-3” was its successful integration of India’s space
and nuclear sectors, with its propulsion module powered by nuclear technology. The award ceremony is scheduled to take
place on 14 October 2024, during the opening of the 75th International Astronautical Congress in Milan, Italy. Comprising
the lander (Vikram) and the rover (Pragyan), India’s “Chandrayaan-3” touched down on the lunar South Pole on August 23.
This achievement marks India as the 4th country to successfully execute a soft landing on the Moon, following the United
States, China, and Russia. In recognition of this feat, Prime Minister Narendra Modi announced that ‘August 23’ would be
‘National Space Day’, commemorating the success of Chandrayaan 3’s Moon landing. Furthermore, PM Modi declared that
the landing site of Chandrayaan 3’s Moon lander would be named ‘Shiv Shakti’. In April 2024, the team from the Indian
Space Research Organisation (ISRO) responsible for the “Chandrayaan-3 mission's” success was honoured with the “2024
John L. 'Jack' Swigert Jr. Award for Space Exploration” by the Space Foundation. {Read More}
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Smart Points:
• Chandrayaan-3 mission – won “World Space Award” for its remarkable contributions to space exploration
• Presented by – International Astronautical Federation (IAF) | India – 1st country to land near the lunar South Pole
• Award ceremony – to be held during opening of 75th International Astronautical Congress in Milan, Italy, on Oct 14, 2024
• Chandrayaan-3 – touched down on lunar South Pole on August 23 | It comprises – lander (Vikram) & rover (Pragyan)
• India – 4th country to successfully execute a soft landing on the Moon | 1st – US | 2nd – China | 3rd – Russia
• August 23 – announced as ‘National Space Day’ | Shiv Shakti – name given to landing site of Chandrayaan 3’s lander
• 2024 John L. 'Jack' Swigert Jr. Award for Space Exploration – given to ISRO team responsible for this mission's success
259. The French government has conferred the insignia of “Officier dans l’Ordre des Arts et
des Lettres (Officer of the Order of Arts and Letters)” on Rahaab Allana, curator and
publisher, Alkazi Foundation for the Arts, in recognition of his outstanding career as curator
of contemporary South Asian photography, as well as his decisive contributions to Indo-
French artistic cooperation across the years. The French government distinction “Order of
Arts and Letters” is given to persons who have distinguished themselves by their creativity in the field of art, culture and
literature or for their contribution to the influence of arts in France and throughout the world. He is also a fellow of the
Royal Asiatic Society and was an honorary research associate at University College London, the United Kingdom (UK). He
currently serves on the Arts and Culture Committee, Asia Society (India Chapter). Allana’s artistic journey of cooperation
with France spans two decades, starting with the exhibition of the Alkazi Collection at the Arles Photo Festival in 2007. Since
then, Allana has played an instrumental role in driving Indo-French projects around lens-based art, including the curation of
two multi-disciplinary photography exhibitions for Bonjour India festivals, Mutations in 2018, and Convergence in 2022. He
also co-curated Terra Nullius: Nobody’s Land at the Serendipity Arts Festival in Goa in 2022, showcasing French artists
working with artificial intelligence. His ongoing research includes the legacy of French photographer Henri Cartier-Bresson
in South Asia. Some noted Indian recipients of this honour in the past include Pt Hariprasad Chaurasia, Raghu Rai, Ebrahim
Alkazi, Habib Tanveer, Shahrukh Khan, Aishwarya Rai, and Upamanyu Chatterjee. {Read More}
Smart Points:
• Officer of the Order of Arts and Letters – conferred on Rahaab Allana by France
• Rahaab Allana – curator & publisher, Alkazi Foundation for the Arts & also a fellow of Royal Asiatic Society
• Earlier Indian recipients – Pt Hariprasad Chaurasia, Raghu Rai, Ebrahim Alkazi, Habib Tanveer, Shahrukh Khan, Aishwarya
Rai, and Upamanyu Chatterjee
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260. In an event marking the International Meet of leading medical professionals from
around the globe, Union Minister Jitendra Singh was honoured with the “Lifetime
Achievement Award” for his remarkable contributions to diabetology, diabetes care, and
research. The event was held at the International Medical Convention in Chennai. The
citation, which highlighted Jitendra Singh’s exceptional career as a teacher, researcher, and
practitioner, compared him to the esteemed B.C. Roy, noting his dual success in both medical and public spheres, including
his 3 consecutive terms as a Member of Parliament and his role in the Union Council of Ministers. It also highlighted his role
as the ‘Lifetime Patron of the Research Society for the Study of Diabetes in India (RSSDI)’, the country’s largest academic
association for diabetologists. His extensive contributions include receiving the “Gold Medal for Oration” from Jawaharlal
Institute of Postgraduate Medical Education & Research (JIPMER) Puducherry, the “Jamna Devi Gian Devi Award” for
journalism, and authoring 8 books and 3 monographs on diabetes. His book “Diabetes Made Easy” was featured in the Best-
Seller section of the World Book Fair in New Delhi. Further, his pioneering work on “Stress Diabetes in Kashmiri Migrants”
received acclaim from the World Health Organization (WHO). He was instrumental in finalising the “Guidelines for
Management of Diabetes in Pregnancy” which have been approved by the WHO. {Read More}
Smart Points:
• Jitendra Singh – honoured with “Lifetime Achievement Award” for his contributions to diabetology, diabetes care &
research
• International Meet of leading medical professionals – held at the International Medical Convention in Chennai, TN
• He received:
- “Gold Medal for Oration” – from Jawaharlal Institute of Postgraduate Medical Education & Research, Puducherry
- “Jamna Devi Gian Devi Award” – for journalism
• His book “Diabetes Made Easy” – featured in Best-Seller section of World Book Fair in New Delhi
• His pioneering work on “Stress Diabetes in Kashmiri Migrants” – received acclaim from WHO
261. Global Energy and Environment Foundation (GEEF) presented the “Global Water Tech
Award 2024” to Delhi Metro Rail Corporation (DMRC) in the ‘organisation’ category for its
water conservation and efficient utilisation of water resources across Delhi. Its key
initiatives include rainwater harvesting pits, sewage treatment plants, and the use of
treated effluent for construction, horticulture, and dust suppression at various sites. DMRC
implemented water-efficient fixtures, Beton Wash facilities at construction sites, and dual plumbing systems, ensuring the
useful utilisation of ‘dewatered water’ from its construction sites. GEEF also presented the “Global WaterTech Award 2024”
to the Central Water Commission (CWC) in the ‘Water Department of the Year’ category for its exemplary work in water
resources management, flood forecasting and coastal area management. {Read More}
Smart Points:
• “Global Water Tech Award 2024” – presented by Global Energy and Environment Foundation
• DMRC – won in ‘organisation’ category | CWC – won in ‘Water Department of the Year’ category
• HQs of DMRC – New Delhi | Chairman – Anurag Jain | MD – Vikas Kumar
• HQs of CWC – New Delhi | Chairman – Kushvinder Vohra
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Schemes & Initiatives
262. Uttarakhand Chief Minister Pushkar Singh Dhami has inaugurated the “Water
Conservation and Enhancement Scheme” at Jaoli Canal located on the bank of the
Song River in Doiwala development block under the Water Conservation Campaign in
Kaluwala, Uttarakhand. This scheme of water conservation and enhancement has
been completed by the Spring and River Rejuvenation Authority (SARA) under the
NABARD’s (National Bank for Agriculture and Rural Development) fund at a cost of
about 3.80 crore. On this occasion, the Chief Minister also released the guidelines of
Water Conservation Campaign 2024. About 500 drinking water schemes and 200 water streams have been identified by
SARA, which are being tried to be revived. {Read more}
Smart Points:
• Pushkar Singh Dhami (Uttarakhand CM) – inaugurated the “Water Conservation and Enhancement Scheme” at Jaoli
Canal, located on the bank of Song River in Doiwala, Kaluwala, Uttarakhand
• The scheme is completed by Spring & River Rejuvenation Authority (SARA) under NABARD’s Fund | Cost – Rs 3.80 Cr
• CM also released the guidelines of ‘Water Conservation Campaign 2024’
263. MSME Minister Jitan Ram Manjhi has launched “Trade Enablement & Marketing (TEAM)”
scheme with an outlay of Rs 277.35 crore for 3 years (2024-27) to boost e-commerce access for
MSEs (Micro and Small Enterprises) via the government’s open e-commerce network Open
Network for Digital Commerce (ONDC). The scheme has been launched under the World Bank-
supported RAMP (Raising and Accelerating MSME Productivity) programme and will be
implemented by NSIC (National Small Industries Corporation). The TEAM scheme aims to support
Udyam-registered MSEs with catalogue development and onboarding on ONDC along with
account management support. Moreover, subsidies will be provided to MSEs under the scheme for transportation and
logistics and packaging including packaging designs. The ministry expects 5 lakh MSEs to benefit from the scheme in 3 years,
50% of which would be women-owned enterprises. The minister also launched “Yashasvini” campaign focusing on
supporting 1 lakh women entrepreneurs in smaller cities with skilling and capacity building. {Read more}
Smart Points:
• Jitan Ram Manjhi (MSME Minister) – launched “Trade Enablement & Marketing (TEAM)” scheme
• Period – 3 years (2024-27) | Outlay – Rs 277.35 Cr | Implemented by – NSIC | Supported by – World Bank’s ‘RAMP’
• TEAM scheme aims to support Udyam-registered MSEs with catalogue development & onboarding on ONDC
• MSME Minister – launched “Yashasvini” campaign focusing on supporting 1 lakh women entrepreneurs in smaller cities
• Minister of MSME: Jitan Ram Manjhi | Constituency – Gaya, Bihar
MoS in Ministry of MSME: Shobha Karandlaje
264. The Uttar Pradesh cabinet has approved the “CM Tourism Fellowship Programme”, which aims to select researchers
through the tourism department. In the first phase, 25 researchers will be selected for this programme. Each researcher will
receive an honorarium of ₹40,000, with ₹30,000 allocated for remuneration and ₹10,000 for field visits. Additionally, they
will be provided with tablets. These researchers will promote tourism in the state and facilitate accelerated investment in
this sector. {Read more}
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Smart Points:
• UP cabinet – approved “CM Tourism Fellowship Programme” to select researchers through tourism department
• In 1st phase – 25 researchers will be selected
- Each researcher will receive ₹40,000 (₹30,000 for remuneration & ₹10,000 for field visits)
265. Maharashtra government has extended the application deadline for the “Mukhya Mantri Majhi Ladki Bahin Yojana”
from July 15 to August 31, 2024. Additionally, revisions have been made to the eligibility criteria, opening the scheme up to
more women across the State. This includes an expansion of the eligible age group from 21-60 years to 21-65 years. The
scheme offers a monthly allowance of ₹1,500 to eligible women. {Read more}
Smart Points:
• Maharashtra – extended application deadline for “Mukhya Mantri Majhi Ladki Bahin Yojana” to August 31, 2024
• Eligible age group under this scheme – extended to 21-65 years (from 21-60 years) | Monthly allowance – ₹1,500
266. Ministry of Housing and Urban Affairs, on June 25, 2024, has commemorated the 9 th anniversary of 3 landmark
initiatives - Atal Mission for Rejuvenation and Urban Transformation (AMRUT), Smart Cities Mission (SCM), and Pradhan
Mantri Awas Yojana - Urban (PMAY-U). These initiatives, launched on June 25, 2015, by PM Narendra Modi, have collectively
transformed urban infrastructure and improved the quality of life for millions of residents across India. Since its inception,
AMRUT has aimed to create infrastructure that directly improves service provision to citizens. Under PMAY-U, all-weather
pucca houses with all basic amenities are provided to eligible beneficiaries of urban India. As on date, 114 Lakh houses have
been grounded for construction, while more than 84 Lakh houses have already been completed and delivered to
beneficiaries. Moreover, the SCM has been a beacon of urban transformation, enhancing the quality of life in 100 cities
through over 8,000 innovative projects worth approximately Rs 1.6 lakh crore. As on 25 June 2024, 7,160 projects worth Rs
1,43,778 Crore had been completed and another 854 projects worth Rs 20,392 crore are in advanced stages of completion.
{Read More}
Smart Points:
• MoHUA commemorated 9th anniversary of 3 landmark initiatives: (launched by PM Modi on June 25, 2015)
- Atal Mission for Rejuvenation and Urban Transformation (AMRUT)
- Smart Cities Mission (SCM)
- Pradhan Mantri Awas Yojana - Urban (PMAY-U)
• AMRUT aimed to create infrastructure that directly improves service provision to citizens
• Under PMAY-U, all-weather pucca houses with all basic amenities are provided to eligible beneficiaries of urban India
- 114 Lakh houses have been grounded for construction & 84 Lakh+ houses have been completed & delivered
• SCM enhances quality of life in 100 cities through over 8,000 innovative projects worth Rs 1.6 lakh Cr
- 7,160 projects (Rs 1,43,778 Cr) – completed | 854 projects (Rs 20,392 Cr) – in advanced stages of completion
• Minister of Housing & Urban Affairs: Manohar Lal Khattar | Constituency – Karnal, Haryana
MoS in Ministry of Housing & Urban Affairs: Tokhan Sahu
https:// /#
267. The Government has reopened the application window for the Production Linked Incentive (PLI) scheme for white
goods for 90 days from July 15 to October 12, 2024, citing industry appetite to invest more in the scheme. This is the 3rd time
that the industry department has reopened the application window after 2021 and 2022. The fresh window is an outcome
of the growing market and confidence generated due to manufacturing of key components of air conditioners and LED lights
in India under the ‘PLI White Goods (PLIWG) Scheme’. So far, 66 applicants with committed investments of Rs 6,962 crore
have been selected as beneficiaries under the PLIWG. The scheme is expected to result in the growth of domestic value
addition from the current 15-20% to 75-80%. The government approved the PLI Scheme on April 7, 2021, as part of the
‘Atmanirbhar Bharat’ initiative to promote local manufacturing, drive growth, and create jobs. The PLI Scheme for White
Goods, running from FY22 to FY29, has an outlay of $747.5 million (Rs 6,238 crore). The Department for Promotion of
Industry and Internal Trade (DPIIT), under Ministry of Commerce & Industry, is the nodal agency for the PLI Scheme for
White Goods. {Read More}
Smart Points:
• Govt reopened application window for ‘PLI Scheme for White Goods’ for 90 days from July 15 to October 12, 2024
• This application window has reopened for 3rd time after 2021 & 2022
• 66 applicants with investments of Rs 6,962 Cr – selected as beneficiaries under PLIWG (PLI White Goods Scheme)
• This scheme is expected to result in growth of domestic value addition – to 75-80% (from 15-20%)
• Nodal agency for PLIWG Scheme – DPIIT (under Ministry of Commerce & Industry)
• PLI Scheme for White Goods: Approved on – April 7, 2021 (from FY22 to FY29) | Financial outlay – Rs 6,238 Cr
• HQs of DPIIT – New Delhi | Director – Pratima Singh | Founded in – 1995 (Functions under Ministry of C&I)
268. Rajasthan Chief Minister Bhajanlal Sharma has launched “Chief Minister Kisan Samman Nidhi Yojana” to provide an
additional annual financial assistance of Rs 2,000 to farmers who are already beneficiaries of the Prime Minister Kisan
Samman Nidhi Yojana. Under this scheme, the first installment of Rs 1,000 has been disbursed, followed by two installments
of Rs 500 each. The Cooperative Department has been designated as the nodal department for the effective implementation
of the scheme. More than 65 lakh farmers in Rajasthan received over Rs 650 crore directly into their bank accounts as part
of this first installment. In addition, Sharma also distributed Rs 3 lakh each to 51 women-run village service cooperative
societies. {Read More}
Smart Points:
• Bhajanlal Sharma – launched “Chief Minister Kisan Samman Nidhi Yojana”
• Aim: To provide annual financial assistance of Rs 2,000 to farmers who are already beneficiaries of PMKiSaN Yojana
• First installment – Rs 1,000 (disbursed) | Followed by two installments of Rs 500 each
• Nodal department for the implementation of the scheme – The Cooperative Department
• 65 lakh+ farmers in Rajasthan received over Rs 650 Cr directly into their bank accounts as first installment
269. Sanjay Seth, MoS in Ministry of Defence, has launched “GRSE Accelerated Innovation
Nurturing Scheme (GAINS 2024)” of Garden Reach Shipbuilders & Engineers Limited (GRSE)
in Kolkata. It is an innovative scheme which seeks solution to the problems related to the
shipyards and promotes technology development using the start-ups created and nurtured
in the country. It encourages and enables MSMEs and Start-Ups to develop innovative
solutions for further technological advancement. This initiative is in keeping with the ‘Make
in India’ and ‘Start-up India’ policies of the Government of India. {Read More}
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Smart Points:
• Sanjay Seth – launched “GRSE Accelerated Innovation Nurturing Scheme (GAINS 2024)” of GRSE in Kolkata
• The scheme seeks solution to the problems related to the shipyards and promotes technology development
• HQs of GRSE – Kolkata, West Bengal | Chairman & MD – P. R. Hari | Founded in – 1884
270. Ministry of Mines has launched a “Scheme for Partial Reimbursement of

Exploration Expenses for Holders of Exploration Licences (EL)”. The licence holders
are required to repay the amount once mineral production begins. The scheme
offers a 50% reimbursement on expenses incurred during the exploration of critical
minerals, with a maximum cap of Rs 20 crore. According to the scheme guidelines,
the maximum cap can be increased to Rs 24 crore if the exploration licence holder
hands over a G2 (general exploration) block for auction for the grant of a mining
lease within three years from the execution of the exploration licence and it is successfully auctioned. The incentives for all
selected licensees will be provided from the Rs 5,000 crore National Mineral Exploration Trust (NMET) fund. However, the
EL holder must repay the amount received from the NMET within 10 years. If the EL holder receives a lump sum payment
instead of annual premiums, they must repay the full amount to NMET within 1 month of receiving the lump sum payment.
During the geological mapping and sampling stage, an EL holder can seek reimbursement up to Rs 1.50 crore. For geophysical
investigations, the reimbursement limit is Rs 3 crore, and for exploratory drilling, it stood at Rs 10 crore. The initiative is part
of the National Mineral Exploration Policy (NMEP) of 2016, which aims to involve the private sector in mineral exploration.
The exploration of critical and deep-seated minerals became possible after the 2023 amendment to the Mines and Minerals
(Development and Regulation) Act, 1957. {Read More}
Smart Points:
• Ministry of Mines – launched “Scheme for Partial Reimbursement of Exploration Expenses for Holders of Exploration
Licences (EL)”
• Licence holders are required to repay amount once mineral production begins
• It offers 50% reimbursement on expenses incurred during exploration of critical minerals with maximum cap of Rs 20 Cr
• Max. cap can be increased to Rs 24 Cr if exploration licence holder hands over a G2 block for auction for grant of a mining
lease within 3 years from execution of exploration
• Incentives will be provided from Rs 5,000 Cr National Mineral Exploration Trust (NMET) fund
- EL holder must repay amount received from NMET within 10 years
• During geological mapping & sampling stage, EL holder can seek reimbursement up to Rs 1.50 Cr
- Reimbursement limit: For geophysical investigations – Rs 3 Cr | For exploratory drilling – Rs 10 Cr
• This initiative is part of National Mineral Exploration Policy of 2016
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271. The Department of Commerce has extended the “Interest Equalisation Scheme” for pre- and post-shipment rupee
export credit for Micro, Small and Medium-scale (MSME) exporters till August 31, 2024. The outlay for the extended period
is ₹750 crore and the extension is not applicable for non-MSME exporters beyond June 30. The extension of the scheme will
benefit the labour-intensive garment sector, which largely has MSME units. Currently, the rate of interest equalisation is 2%
for some manufacturers and merchant exporters for 410 identified products, and 3% for MSME manufacturers. While the
scheme, initiated on April 1, 2015, was initially valid for 5 years until March 2020, it has been consistently extended. Initially,
a budgetary outlay of Rs 9,538 crore was allocated to the scheme. {Read More}
Smart Points:
• Dep. of Commerce – extended “Interest Equalisation Scheme” for pre- & post-shipment rupee export credit for MSME
exporters till Aug 31, 2024
• Outlay for extended period – ₹750 Cr | Extension is not applicable for non-MSME exporters beyond June 30
• Currently, rate of interest equalisation:
- For some manufacturers & merchant exporters for 410 identified products – 2% | For MSME manufacturers – 3%
• The scheme was initiated on April 1, 2015, for 5 years (until March 2020) | Initial Fin outlay – Rs 9,538 Cr
272. Maharashtra Chief Minister Eknath Shinde has launched “Mukhyamantri Teerth Darshan Yojana”, a pilgrimage scheme
for senior citizens from all religions. Rules will be framed for the scheme and the government will facilitate the pilgrimage
of senior citizens from all religions who are unable to do it on their own. {Read More}
Smart Points:
• Eknath Shinde – launched “Mukhyamantri Teerth Darshan Yojana”, pilgrimage scheme for senior citizens from all
religions
273. The Scheme Guidelines for implementation of “Strategic Interventions for Green Hydrogen Transition (SIGHT)
Programme - Component II: Incentive Scheme for Green Hydrogen Production (under Mode 1) - Tranche-II” have been
notified by the Ministry of New and Renewable Energy (MNRE). The capacity of Tranche-II will be 4,50,000 tonnes per annum
(TPA) of Green Hydrogen, with 40,000 TPA capacity reserved for biomass-based pathways (bucket- II) and the rest for
technology-agnostic pathways (bucket-I). Solar Energy Corporation of India (SECI) will be the implementing agency for this
tranche. {Read More}
Smart Points:
• MNRE – notified the Scheme Guidelines for implementation of “SIGHT Programme - Component II: Incentive Scheme
for Green Hydrogen Production (under Mode 1) - Tranche-II”
• Capacity of Tranche-II – 4.5 lakh TPA of Green Hydrogen | Implementing Agency – SECI
• HQs of SECI – New Delhi | CMD – Rameshwar Prasad Gupta | Founded on – Sep 9, 2011
• Minister of New & Renewable Energy: Pralhad Joshi | Constituency – Dharwad-Hubballi, Karnataka
MoS in Ministry of Power: Shripad Yesso Naik
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274. The Chhattisgarh government has decided to introduce a free coaching scheme, called “Mukhyamantri Nirman
Shramikon Ke Bachchon Hetu Nishulk Coaching Sahaayata Yojana”, for the children of registered construction workers in 10
districts, including Raipur, Bilaspur, Durg, Dhamtari, Rajnandgaon, Korba and Raigarh of the state in a bid to enable them to
appear in competitive examinations for obtaining jobs. The children of construction workers registered with the
Chhattisgarh Building and Other Construction Workers Welfare Board will be eligible to avail the benefit of the scheme.
Under the scheme, free coaching will be provided for examinations of the State Public Service Commission, Chhattisgarh
Professional Examination Board, Banking, Staff Selection Commission, Railways, Police and others for 4 to 10 months in both
online and offline mode. {Read More}
Smart Points:
• Chhattisgarh – to introduce a free coaching scheme, called “Mukhyamantri Nirman Shramikon Ke Bachchon Hetu
Nishulk Coaching Sahaayata Yojana”
• For children of registered construction workers in 10 districts to enable them to appear in competitive examinations
- Coaching will be for 4 to 10 months | Mode – both online & offline
• Chhattisgarh: Capital – Raipur | CM – Vishnu Deo Sai | Governor – Biswa Bhusan Harichandan
275. With the stated objective of turning all educational institutions in the State into
centres of social harmony, tolerance and scientific temper, the Government of
Karnataka introduced the “Naavu Manujaru (We the Humans)” programme. This
programme was announced in the State Budget of 2024-2025, presented by Chief
Minister Siddaramaiah, to inculcate values enshrined in the Constitution among
children. No special grant will be given for the implementation of the programme.
Implementation of this programme would involve discussions and dialogues for 2 hours per week (with 3 periods of 40
minutes) in all government, aided, and unaided primary and high schools of the State. 1 period of value education and 2
periods of Socially Useful Productive Work (SUPW) have been adjusted to this. During the classes, children would be taught
about social reformers and the revolutions, taking students out for a visit to educational, industries, historical places nearby,
discussions on the elimination of inequality in society etc. The Department of State Educational Research and Training
(DSERT) is the implementation authority of this programme. {Read More}
Smart Points:
• Karnataka – introduced “Naavu Manujaru (We the Humans)” programme to turn all educational institutions in centres
of social harmony
• Implementation involve discussions & dialogues for 2 hours per week in all government, aided & unaided primary &
high schools
- 1 period of value education
- 2 periods of Socially Useful Productive Work (SUPW)
• Implementation authority – Department of State Educational Research & Training (DSERT)
https:// /#
276. Small Industries Development Bank of India (SIDBI) and BluSmart launched 140+ electric
cars under the ‘EV4ECO scheme’. The initiative aims to enhance electric vehicle (EV)
adoption in Delhi, supporting the progressive ‘Delhi EV Policy’ and addressing air pollution.
SIDBI offers financial support to electric mobility ecosystems and helps reduce lenders’
perceived risks through a risk-sharing facility. SIDBI’s expertise in channelling financial and
developmental support in green areas is pivotal in encouraging the transition to EVs. SIDBI
also supports other lenders by reducing their perceived risks, making the financing of EVs more accessible. The ‘Delhi EV
Policy’ is complemented by SIDBI’s ‘ABCD (Aaओ Bनाए Cलीन Diल्ली) initiative’, which promotes a cleaner capital city. The
‘ABCD initiative’ focuses on increasing the number of EVs on Delhi roads, supporting the city’s progressive EV policy, and
aiming to reduce air pollution. SIDBI has launched the ‘EV4ECO & EV-RSF’ schemes to enable the affordable financing of
electric vehicles. SIDBI is also dedicated to supporting the ‘EV30@30 initiative’ and helping Micro, Small, and Medium
Enterprises (MSMEs) adopt green technology. {Read More}
Smart Points:
• SIDBI + BluSmart = launched 140+ electric cars under the ‘EV4ECO scheme’
• Aim: To enhance EV adoption in Delhi, supporting the progressive ‘Delhi EV Policy’
• SIDBI’s ‘ABCD’ initiative stands for – Aaओ Bनाए Cलीन Diल्ली
• SIDBI has launched the ‘EV4ECO & EV-RSF’ schemes to enable the affordable financing of electric vehicles
• SIDBI is also dedicated to supporting the ‘EV30@30 initiative’ and helping MSMEs adopt green technology
• HQs of SIDBI – Lucknow, UP | MD & Chairman – Sivasubramanian Ramann | Established in – 1990
• HQs of BluSmart Mobility – Gurugram, Haryana | Co-Founders – Anmol Singh Jaggi, Punit K Goyal & Puneet Singh
277. The Haryana government introduced the “IT Saksham Yuva Scheme 2024” to provide
jobs to 5,000 youth in the first phase of the scheme. The scheme has been designed in
accordance with the ‘Mission 60,000’ announced while presenting the 2024-25 budget
proposals aiming to give employment to at least 60,000 young individuals from poor
families. Under this scheme, employment will be provided to the youths who are graduate
or postgraduate applicants from IT backgrounds. The ‘IT Saksham Yuva’ will be given Rs 20,000, per month remuneration in
the first 6 months and thereafter Rs 25,000. If in case any ‘IT Saksham Yuva’ is not deployed, the state government will pay
an unemployment allowance of Rs 10,000 per month. The Haryana State Electronics Development Corporation Ltd
(HARTRON), Haryana Knowledge Corporation Ltd (HKCL), and Shri Vishwakarma Skill University (SVSU) are designated as the
primary training agencies for this scheme. {Read More}
Smart Points:
• Haryana – introduced “IT Saksham Yuva Scheme 2024” to provide jobs to 5,000 youth in first phase
• Mission 60,000 – announced in 2024-25 budget proposals to give employment to at least 60,000 young individuals from
poor families
• ‘IT Saksham Yuva’ – will be given Rs 20,000 per month remuneration in first 6 months | Thereafter – Rs 25,000
• If any ‘IT Saksham Yuva’ is not deployed, then state will pay an unemployment allowance of – Rs 10,000 per month
• Primary training agencies for this scheme – HARTRON, HKCL & SVSU
• Haryana: Capital – Chandigarh | CM – Nayab Singh Saini | Governor – Bandaru Dattatraya
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278. Gujarat Chief Minister (CM) Bhupendra Patel launched a scheme, “Shramik Basera”, to
provide temporary accommodation to nearly 15,000 construction workers at a nominal rate of
Rs 5 per day, it will be free for the children of labourers for up to 6 years. For the scheme, the
CM performed the ground-breaking ceremony of 17 dwelling structures to house the labourers
in Ahmedabad, Gandhinagar, Vadodara and Rajkot cities. The CM also launched a portal for the
scheme. In the next 3 years, more such dwelling centres will be built across Gujarat for the benefit of about 3 lakh
construction workers. The project will cost Rs 1,500 crore. The move is aimed at bringing about a qualitative change in the
standard of living of workers from the unorganised sector and construction workers by providing them with food, health,
housing and financial support. {Read More}
Smart Points:
• Bhupendra Patel (Gujarat CM) – launched “Shramik Basera” scheme | Cost – Rs 1500 Cr
• Aim: To provide temporary accommodation to nearly 15,000 construction workers at a nominal rate of Rs 5 per day
• It will be free for the children of labourers for up to 6 years
• Gujarat: Capital – Gandhinagar | CM – Bhupendra Patel | Governor – Acharya Dev Vrat
279. Union Finance and Corporate Affairs Minister Nirmala Sitharaman in Budget 2024-2025
proposed a revision of the “Model Skill Loan Scheme” to facilitate loans up to Rs 7.5 lakh with a
guarantee from a government-promoted fund. This scheme is likely to help 25,000 students every
year. As per the Ministry of Skills, this scheme is a revamped version of the ‘Skill Loan Scheme’
that was launched in 2015, but later discontinued. She also announced to give “e-vouchers” for loans up to Rs 10 lakh for
higher education in domestic institutions to be given directly to 1 lakh students each year for annual interest subvention of
3% of the loan amount. The Minister also mentioned that there will be a special focus on women and students where the
government will give a lot of emphasis on setting up working women’s hostels and creches in collaboration with industry.
Barring supporting loans for higher education, the Budget did not contain any major proposals on education. The allocation
for the Ministry of Education at Rs 1.20 lakh crore has seen a slight increase at 7.14% as compared with last year’s Rs 1.12
lakh crore. However, compared with the Revised Estimates for 2023-2024, which stand at Rs 1.29 lakh crore, this year’s
Budget Estimates have decreased by 6.97%. {Read More}
Smart Points:
• Union Finance Minister – proposed a revision of “Model Skill Loan Scheme” in Budget 2024-2025
• To facilitate loans up to Rs 7.5 lakh with a guarantee from a government-promoted fund
• It is a revamped version of ‘Skill Loan Scheme,’ launched in 2015, later discontinued
• E-vouchers – to be given directly to 1 lakh students each year | With annual interest – 3% of loan amount
- For loans up to Rs 10 lakh for higher education in domestic institutions
• Allocation for Ministry of Education – Rs 1.20 lakh Cr | Increased – 7.14% (from Rs 1.12 lakh Cr in FY24)
• Budget Estimates in FY25 – decreased by 6.97% (compared to Revised Estimates of FY24, Rs 1.29 lakh Cr)
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280. The Union Budget 2024-2025, presented by Finance Minister Nirmala Sitharaman
on July 23 announced a new pension scheme for minors, called the “NPS Vatsalya”. This
makes it possible for parents or guardians to plan a pension for their children. “NPS
Vatsalya” is a scheme for minors in which, a regular contribution is made by parents or
guardians. The scheme will be converted to a regular NPS (National Pension Scheme)
once the child attains the age of 18. It operates similarly to the existing NPS, which helps individuals build a retirement
corpus by making regular contributions throughout their careers. The NPS is a voluntary pension system for all citizens,
including both residents and NRIs (Non-Resident Indians) between the ages of 18 and 70 years. The Budget 2024 also
brought significant changes to NPS contribution limits, aimed at increasing tax benefits for both employees and employers.
The contribution limit for employers in the private sector has been increased from 10% to 14% of the employee’s basic
salary. This new limit applies to both private and public sector employees, but only under the new tax regime. Currently,
employer contributions to the NPS, capped at 10% of the salary (basic salary plus dearness allowance), are eligible for tax
deductions up to Rs 7.5 lakh. With the increase to 14%, taxpayers can expect a higher take-home pay due to reduced income
tax liability. {Read More}
Smart Points:
• NPS Vatsalya (a new pension scheme for minors) – launched in Union Budget 2024-2025
• It will be converted to a regular NPS once child attains age of 18, till then a regular contribution is made by parents
• NPS – a voluntary pension system for all citizens, including both residents & NRIs | Eligible age – 18-70 years
• Contribution limit of NPS for employers in private sector – increased to 14% of employee’s basic salary (from 10%)
281. Telangana Chief Minister A Revanth Reddy has launched “Rajiv Gandhi Civil Abhaya Hastham” scheme. The government
accorded top priority to address the unemployed youth problems. The State government will compile the data of vacancies
in all departments before March every year. The job calendar will be planned in a way to issue notifications by June 2 and
complete the recruitment process by December 9. {Read More}
Smart Points:
• A Revanth Reddy (CM of Telangana) – launched “Rajiv Gandhi Civil Abhaya Hastham” scheme
• It will compile data of vacancies in all departments before March every year
• Job calendar: To issue notifications by – June 2 | Complete recruitment process by – December 9
• Telangana: Capital – Hyderabad | CM – A. Revanth Reddy | Governor – Jishnu Dev Varma
282. The Ministry of Heavy Industries has announced the extension of the “Electric Mobility
Promotion Scheme 2024 (EMPS 2024)” to September 30, 2024, increasing its total outlay from Rs
500 crore to Rs 778 crore. The scheme, which was initially scheduled to run from April 1 to July
31, 2024, aims to boost the adoption of electric vehicles (EVs) across India. Under the scheme,
buyers can get a subsidy benefit of up to Rs 10,000 for two-wheeler EVs, up to Rs 25,000 for a
small three-wheeler EV, and up to Rs 50,000 for large three-wheeler EVs. The ministry also added
that the scheme now targets supporting 560,789 EVs, comprising 500,080 electric two-wheelers (e-2Ws) and 60,709 electric
three-wheelers (e-3Ws). This includes 13,590 rickshaws and e-carts, as well as 47,119 e-3Ws in the L5 category. To promote
advanced technologies, incentives will be available only for EVs equipped with advanced batteries. The scheme is fund-
limited, and the EVs are also restricted to targeted numbers for each category. The EMPS 2024 promotes an efficient,
competitive, and resilient EV manufacturing industry in line with the vision of Aatmanirbhar Bharat. For this purpose, the
Phased Manufacturing Programme (PMP) has been adopted to encourage domestic manufacturing and strengthen the EV
supply chain, creating significant employment opportunities along the value chain. {Read More}
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Smart Points:
• MoHI – extended “Electric Mobility Promotion Scheme 2024” to Sep 30, 2024 | Outlay – Rs 778 Cr (from Rs 500 Cr)
• EMPS – Initially scheduled to run from April 1 to July 31, 2024 | Aim: To boost adoption of EVs across India
• Under this scheme, buyers can get a subsidy of up to:
- Rs 10,000 – 2-wheeler EVs | Rs 25,000 – small 3-wheeler EV | Rs 50,000 – for large 3-wheeler EVs
• It now targets supporting 560,789 EVs | 500,080 – electric two-wheelers | 60,709 – electric three-wheelers
- Including 13,590 rickshaws & e-carts, as well as 47,119 e-3Ws in L5 category
• Minister of Heavy Industries: H. D. Kumaraswamy | Constituency – Mandaya, Karnataka
MoS in Ministry of Heavy Industries: Bhupathi Raju Srinivasa Varma
283. Minister of State for Electronics & Information Technology, Jitin Prasada, informed Rajya Sabha in a written reply that
as of 30 June 2024, an incremental investment of Rs 8,803.14 crore was made under the Scheme for Promotion of
Manufacturing of Electronic Components and Semiconductors (SPECS), leading to production worth Rs 18,083.55 crore. The
SPECS was notified on 1 April 2020 and was open to receive applications until 31 March 2024. The scheme provides a
financial incentive of 25% on capital expenditure for electronic components, e-waste recycling, mechanics, micro/nano-
electronic components, solar photovoltaic (SPV) polysilicon, SPV wafers and solar cells, specialized sub-assemblies and
capital goods for manufacture of aforesaid goods. Additionally, the minister informed that till 30 June 2024, an incremental
investment of Rs 8,390 crore was made under the Production Linked Incentive (PLI) Scheme for Large Scale Electronics
scheme, leading to the production of Rs 5,14,960 crore. To boost domestic manufacturing and attract investment in the
mobile phones value chain including electronic components and semiconductor packaging, the PLI for Large Scale Electronics
Manufacturing was notified on 01 April 2020. The scheme extends an incentive of 3% to 6% on incremental sales (over the
base year) of goods manufactured in India and covered under target segments viz. Mobile Phones and Specified Electronic
Components, to eligible companies, for a period of 5 years. To boost domestic manufacturing and cut down on import bills,
the government of India launched the PLI scheme in March 2020 in varied sectors. {Read More}
Smart Points:
• Jitin Prasada (MoS in MoEIT) – informed Rajya Sabha of an incremental investment of Rs 8,803.14 Cr made under SPECS
- SPECS – Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors
- It leads to production worth – Rs 18,083.55 Cr | SPECS – launched on Apr 1, 2020 & open till Mar 31, 2024
• It provides a financial incentive of 25% on capital expenditure for electronic components, e-waste recycling, etc.
• Also, till Jun 30, 2024, an incremental investment of Rs 8,390 Cr made under PLI Scheme for Large Scale Electronics
- It leads to production of – Rs 5,14,960 Cr | PLI for Large Scale Electronics Manufacturing – launched on Apr 1, 2020
• PLI scheme in varied sectors – launched in Mar 2020 to boost domestic manufacturing
• Minister of Electronics & Information Technology: Ashwini Vaishnaw | Constituency – Odisha
MoS in Ministry of Electronics & Information Technology: Jitin Prasada
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284. Union Minister of Coal and Mines, G. Kishan Reddy, inaugurated the Vriksharopan Abhiyan (VA)
2024 at Bharat Coking Coal Limited (a subsidiary of Coal India Limited) in Dhanbad as part of the
visionary campaign “Ek Ped Maa Ke Naam” launched by Prime Minister Narendra Modi. This event
was held simultaneously in about 300 locations of 47 districts in 11 coal/lignite-bearing states. The
VA 2024 is a significant step towards achieving the environmental goals of the coal industry. In the
last 5 years, Coal/Lignite Public Sector Undertakings (PSUs) have planted a total of 24 million saplings on a land of 10,942
hectares to make the environment green. The PSUs are committed to planting a cover of 15,350 hectares of green cover
under the coalfields in the next 5 years. The target for the current fiscal year is 2,600 hectares. The PSUs are using innovative
techniques such as the ‘Miyawaki’ method, ‘seed balls’, and drone technology to enhance the efficiency of their
reforestation efforts. The Ministry of Coal is contributing to achieving a net zero of 2070, focusing on creating carbon sinks
through massive plantations and also improving air and water quality for enhanced community well-being. {Read More}
Smart Points:
• G. Kishan Reddy, Minister of C&M – inaugurated Vriksharopan Abhiyan 2024 at Bharat Coking Coal Ltd in Dhanbad
• As part of campaign “Ek Ped Maa Ke Naam” | Launched by – PM Narendra Modi
• Coal/Lignite PSUs – planted 24 million saplings on 10,942 hectares to make environment green in last 5 years
- To plant 15,350 hectares of green cover under coalfields in next 5 years | Target for FY25 – 2,600 hectares
285. The Ministry of Education and the University Grants Commission (UGC) launched a
project, titled “ASMITA (Augmenting Study Materials in Indian Languages through Translation
and Academic Writing)”, to develop 22,000 books in Indian languages in the next 5 years. It is
a collaborative effort of the UGC and the Bharatiya Bhasha Samiti, a high-powered committee
under the Ministry of Education, to promote Indian languages in education. The project aims
to create a robust ecosystem for translation and original book writing in Indian languages
across various disciplines within higher education. 13 nodal universities have been identified
to lead this project, along with member universities from various regions. The UGC has also
created a standard operating procedure (SOP) for the book-writing process in each assigned
language. The ministry also launched the “Bahubhasha Shabdakosh”, a single-point reference for all the words in all Indian
languages and their meanings. It will be developed by the Central Institute of Indian Languages (CIIL) in collaboration with
the Bharatiya Bhasha Samiti. This Shabdakosh will help in using Bharatiya words, phrases and sentences for various new-
age domains like IT, industry, research, and education. As per the ministry, the 3 initiatives, “ASMITA”, “Bahubhasha
Shabdkosh” and “Real-time Translation Architecture” will give momentum to imparting learning in Bharatiya Bhashas,
empowering learners in their academic pursuits and preserving and promoting India’s language traditions. {Read More}
Smart Points:
• MoE + UGC = launched a project, “ASMITA,” to develop 22,000 books in Indian languages in next 5 years
- ASMITA – Augmenting Study Materials in Indian Languages through Translation and Academic Writing
• ASMITA – collaborative effort of UGC & Bharatiya Bhasha Samiti to promote Indian languages in education
• Aim: To create a robust ecosystem for translation & original book writing in Indian languages across various disciplines
within higher education
• It will be lead by – 13 nodal universities | UGC – created a SOP for book-writing process in each assigned language
• MoE – launched “Bahubhasha Shabdakosh”, single-point reference for all words in all Indian languages & their meanings
• Developed by = CIIL + Bharatiya Bhasha Samiti
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• HQs of UGC – New Delhi | Chairman – M. Jagadesh Kumar | Founded in – 1956
• Minister of Education: Dharmendra Pradhan | Constituency – Sambalpur, Odisha
MoS in Ministry of Education: Jayant Chaudhary & Sukanta Majumdar
286. Goa Chief Minister Pramod Sawant has launched the “Goem Vinamulya Vij Yevjan”, an initiative aligned with the Prime
Minister’s Surya Ghar Muft Bijli Yojana. This new scheme is designed to enhance solar rooftop capacity and empower
residential households in Goa to generate their own electricity. Under the Goem Vinamulya Vij Yevjan, with an initial
investment of 35 crore, in addition to the Central Financial Assistance, the Goa Energy Development Agency will bear the
balance cost of the rooftop installation up to 5 kW for consumers consuming 400 or fewer units for the last year. PM Surya
Ghar Muft Bijli Yojana has an outlay of Rs 75,021 crore and is to be implemented till FY 2026-27. {Read More}
Smart Points:
• Pramod Sawant (CM of Goa) – launched “Goem Vinamulya Vij Yevjan”, aligned with PM’s Surya Ghar Muft Bijli Yojana
• Aim: To enhance solar rooftop capacity & empower residential households in Goa to generate their own electricity
• Goa Energy Development Agency – will bear balance cost of rooftop installation up to 5 kW
- For consumers consuming 400 or fewer units for last year | Initial investment – Rs 35 Cr
• PM Surya Ghar Muft Bijli Yojana – to be implemented till FY 2026-27 | Outlay – Rs 75,021 Cr
• Goa: Capital – Panaji | CM – Pramod Sawant | Governor – P. S. Sreedharan Pillai
187. Andhra Pradesh Chief Minister N. Chandrababu Naidu has launched the “NTR Bharosa Pension Scheme” to distribute
social security pensions amounting to ₹4,408 crore. Each beneficiary was given ₹7,000, including July month’s pension of
₹4,000 and the arrears of ₹1,000 each for April, May and June. The scheme would cost about ₹33,100 crore annually. The
pension for old-aged people, widows, weavers, toddy tappers, fishermen, single women, traditional cobblers, transgenders
and artistes has been increased from ₹3,000 to ₹4,000 per month. For disabled and multi-deformity leprosy patients, the
pension has been increased from ₹3,000 to ₹6,000 per month. For fully disabled people confined to beds or wheelchairs
and those with severe muscular dystrophy, the pension amount has gone up three-fold from ₹5,000 to ₹15,000. And for
people suffering from chronic diseases, the pension has been enhanced from ₹5,000 to ₹10,000. {Read more}
Smart Points:
• N. Chandrababu Naidu – launched ‘NTR Bharosa Pension Scheme’ to distribute social security pensions worth ₹4,408 Cr
• Each beneficiary was given ₹7,000 (July’s ₹4,000 + arrears of ₹1,000 each for April, May & June)
• Annual cost of this scheme – about ₹33,100 Cr
• Pension has been increased per month from:
- ₹3,000 to ₹4,000 – for old-aged people, widows, weavers, toddy tappers, fishermen, single women, traditional
cobblers, transgenders & artistes
- ₹3,000 to ₹6,000 – for disabled & multi-deformity leprosy patients
- ₹5,000 to ₹15,000 – for fully disabled people & those with severe muscular dystrophy
- ₹5,000 to ₹10,000 – for people suffering from chronic diseases
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Meetings, Conferences and Summits
288. The Government of India is hosting the “Global IndiaAI Summit 2024” on July 3-
4, 2024, in New Delhi. The summit focuses on advancing AI development in areas like
Compute Capacity, Foundational Models, Datasets, Application Development, Future
Skills, Startup Financing, and Safe AI, which are the 7 key pillars of IndiaAi Mission.
IndiaAi Mission has been approved by the Union Cabinet in March 2024 with the outlay
of $1.25 Billion. 12 sessions were planned over two days to cover in depth the 7 pillars
of the mission. The event saw the participation of Global Partnership on Artificial
Intelligence (GPAI) experts, delegates, industry and startup veterans, AI practitioners,
academicians, students, and officials from Central and State Governments. GPAI is a multi-stakeholder initiative with 29
member countries, which aims to bridge the gap between theory and practice on AI. India is the lead chair of GPAI in 2024.
The theme of the Global IndiaAI Summit 2024 revolves around “Responsible AI for Inclusive Growth”. {Read more}
Smart Points:
• Govt of India is hosting the “Global IndiaAI Summit 2024” in New Delhi (organised by MeitY)
• Theme revolves around – “Responsible AI for Inclusive Growth”
• Event saw participation of Global Partnership on Artificial Intelligence (GPAI) experts, delegates, industry & startup
• GPAI – a multi-stakeholder initiative with 29 member countries | India is the lead chair of GPAI in 2024
• IndiaAi Mission – approved by the Union Cabinet in March 2024 with an outlay of $1.25 Billion
• 7 key pillars of IndiaAi Mission:
- Compute Capacity, Foundational Models, Datasets, Application Development, Future Skills, Startup Financing, & Safe AI
289. India, as a member elected on a geographic basis (Asia), is participating in the 86th Session of the Executive Committee
(CCEXEC) of the Codex Alimentarius Commission (CAC). G Kamala Vardhana Rao, CEO of FSSAI, represented India in the
session held at the Food and Agriculture Organization (FAO) Headquarters in Rome from July 1 to 5, 2024. The Codex
Alimentarius Commission, an international body established by FAO and the World Health Organization (WHO), aims to
protect consumer health and promote fair practices in food trade. India also championed the proposal for developing Codex
guidance on food safety considerations related to the use of recycled materials in food packaging. {Read more}
Smart Points:
• India – participating in 86th Session of Executive Committee (CCEXEC) of Codex Alimentarius Commission (CAC)
• G Kamala Vardhana Rao (CEO of FSSAI) – represented India in 86th “Session of Executive Committee (CCEXEC) of Codex
Alimentarius Commission (CAC)” held at FAO HQs, Rome, Italy
• Codex Alimentarius Commission – an international body established by FAO & WHO
- Aim: To protect consumer health & promote fair practices in food trade
• HQs of CAC – Rome, Italy | Chairperson – Steve Wearne | Founded in – 1963
• HQs of FAO – Rome, Italy | DG – QU Dongyu | Founded in – 1945
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290. Ministry of Fisheries, Animal Husbandry and Dairying (MoFAHD), National Dairy Development Board (NDDB), and the
International Dairy Federation (IDF) jointly organised the 1st “IDF Regional Dairy Conference Asia Pacific-2024” in Kochi,
Kerala. Union Minister of Fisheries, Animal Husbandry and Dairying Rajiv Ranjan Singh delivered his address virtually.
Themed “Farmer-centric Innovations in Dairying”, the event will feature insightful deliberations bringing together leaders
and experts from the global dairy sector. The goal was to collectively address key issues affecting the dairy sector, particularly
in the Asia Pacific region and globally. More than 1,000 delegates and participants from over 20 countries took part in the
event. {Read more}
Smart Points:
• 1st “IDF Regional Dairy Conference Asia Pacific-2024” in Kochi – organised by MoFAHD + NDDB + IDF
• Theme – “Farmer-centric Innovations in Dairying”
• Minister of Fisheries, Animal Husbandry & Dairying: Rajiv Ranjan Singh (Lalan Singh) | Constituency – Munger, Bihar
MoS in Ministry of Fisheries, Animal Husbandry & Dairying: S. P. Singh Baghel & George Kurian
• HQs of NDDB – Anand, Gujarat | Chairman – Meenesh Shah | Established in – 1965
• HQs of IDF – Brussel, Belgium | President – Piercristiano Brazzale
291. Union Minister of Cooperation, Amit Shah, addressed “Sahkar Se Samriddhi Conference” on the occasion of 102 nd
International Day of Cooperatives in Gandhinagar, Gujarat, on July 6, 2024. The conference was organized by Ministry of
Cooperation. The International Day of Cooperatives is an annual celebration of the cooperative movement around the world.
It has been observed on the first Saturday of July ever since 1923 by the International Cooperative Alliance (ICA). This year,
6th July also marks the 3rd Foundation Day of the Ministry of Cooperation. During the conference, Union Minister of
Cooperation launched the scheme for 50% assistance on the purchase of nano-fertilizer by the farmers under ‘AGR-2
Scheme’ of the Government for the FY 2024-25. Mr Shah also launched ‘Bharat Organic Atta’ produced by the National
Cooperative Organics Limited (NCOL). Mr Shah also visited Changda Milk Producers Cooperative Society Limited in
Banaskantha, Gujarat. The year 2025 has been declared as the International Year of Cooperatives (IYC2025) by the United
Nations General Assembly (UNGA) in June 2024. {Read more}
Smart Points:
• Amit Shah – addressed “Sahkar Se Samriddhi Conference” in Gandhinagar, Gujarat
- Organized by – Ministry of Cooperation | On the occasion of – 102nd International Day of Cooperatives (July 6)
• July 6 – also marks the 3rd Foundation Day of the Ministry of Cooperation
• Amit Shah – launched a scheme for 50% assistance on purchase of nano-fertilizer by farmers under ‘AGR-2 Scheme’ of
Government for FY25
• He also launched – ‘Bharat Organic Atta’ | Produced by – National Cooperative Organics Limited (NCOL)
• 2025 – International Year of Cooperatives (IYC2025) | Declared by – UNGA (in June 2024)
• Minister of Cooperation: Amit Shah | Constituency – Gandhinagar, Gujarat
MoS in Ministry of Cooperation: Krishan Pal & Murlidhar Mohol
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292. A high-level Indian delegation, led by T. K. Ramachandaran, Secretary of Ministry of
Ports, Shipping and Waterways, has participated in the 132nd Session of the Council of the
International Maritime Organization (IMO) in London, UK. India, an elected member of the
IMO Council in the category of countries with the largest interest in international seaborne
trade, emphasized the urgent issue of seafarer abandonment. The delegation pointed out
that despite efforts, there are currently 44 active cases involving 292 Indian seafarers. India
has secured its position as one of the 8 governments representing IMO in the Joint Tripartite
Working Group. Other proposed members include the Philippines, Thailand, Liberia,
Panama, Greece, the US, and France. Furthermore, India reiterated its proposal for the South Asian Centre of Excellence for
Sustainable Maritime Transport (SACE-SMarT). This regional hub aims to transform the maritime sector in India and South
Asia into a technologically advanced, environmentally sustainable, and digitally proficient industry. {Read More}
Smart Points:
• Indian delegation (led by T. K. Ramachandaran) – participated in the 132nd Session of the Council of IMO in London, UK
• India – secured its position as one of the 8 governments representing IMO in the Joint Tripartite Working Group
- Other proposed members – Philippines, Thailand, Liberia, Panama, Greece, US, France
• India – reiterated its proposal for ‘South Asian Centre of Excellence for Sustainable Maritime Transport (SACE-SMarT)’
• HQs of IMO – London, UK | Secretary-General – Arsenio Dominguez
293. During the “International Conference on Soils 2024” held in Agadir, Morocco, the
United Nations Educational, Scientific and Cultural Organization (UNESCO) issued a stark
warning, stating that a staggering 90% of the planet’s land surface could be degraded by
2050, a major threat to global biodiversity and human life. The conference, organised by
UNESCO and the Kingdom of Morocco’s National Agency for the Development of Oasis and
Argan Zones (ANDZOA), brought together experts and representatives from 30 countries.
According to the World Atlas of Desertification, 75% of soils are already degraded, directly affecting 3.2 billion people. If
business continues as usual, the current trend may increase the impact to 90% by 2050. Moreover, the UNESCO has
established ‘World Soil Health Index’ in association with its international partners. The index will help to standardise
measure for analysing and comparing soil quality in different regions and ecosystems. In addition, UNESCO will launch a
pilot programme for long-term soil and landscape management in 10 natural sites supported by its Biosphere Reserves
Programme. {Read More}
Smart Points:
• “International Conference on Soils 2024” – held in Agadir, Morocco (organised by UNESCO & Morocco)
• UNESCO issued a stark warning: a staggering 90% of the planet’s land surface could be degraded by 2050
• UNESCO has established ‘World Soil Health Index’
- Aim: To standardise measure for analysing & comparing soil quality in different regions and ecosystems
• UNESCO – to launch a pilot programme for long-term soil & landscape management in 10 natural sites
• Morocco – Rabat – Moroccan Dirham | Prime Minister – Aziz Akhannouch
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294. The “7th India-Japan Medical Product Regulatory Symposium”, organised by
the Central Drugs Standard Control Organization (CDSCO) under the Ministry of
Health and Family Welfare (MHFW), Government of India, was successfully held
at the FICCI Convention Hall, New Delhi. The event was conducted in accordance
with the Memorandum of Cooperation (MoC) between India and Japan, aimed at
fostering collaboration in medical product regulations. The MoC, originally signed
in December 2015 between CDSCO under the MHFW and the Pharmaceutical and
Medical Devices Agency (PMDA) of Japan, underscores mutual cooperation in medical products regulations until December
2025. These “Regulatory Symposiums” are held alternatively in India and Japan, serving as crucial platforms for exchanging
insights and enhancing regulatory practices. The symposium brought together 80 drug regulators & 120 industry
representatives from India and Japan. The symposium featured in-depth discussions on emerging topics in Pharma, Medical
Devices, and Regenerative Medicines. {Read More}
Smart Points:
• CDSCO (MoH&FW) – organised 7th India-Japan Medical Product Regulatory Symposium at FICCI Convention Hall, Delhi
• Conducted in accordance with Memorandum of Cooperation between – India & Japan
• India & Japan – signed an MoC in Dec 2015 for mutual cooperation in medical products regulations until Dec 2025
• HQs of CDSCO – New Delhi | DGCI – Dr. Rajeev Singh Raghuvanshi
295. The “Colombo Security Conclave (CSC)”, a regional security grouping that includes
India, Sri Lanka, Mauritius and the Maldives, officially welcomed Bangladesh as its 5th
member at the 8th Deputy National Security Adviser (DNSA)-level Meeting hosted virtually
by Mauritius. India was represented by Pankaj Kumar Singh, Deputy National Security
Adviser (Internal Affairs). Seychelles participated as an Observer State at the meeting.
Member States agreed that the 7th NSA-level meeting of the CSC will be held in India later
this year. During the meeting, member states reviewed decisions taken at the 7 th DNSA-
level meeting hosted virtually by Maldives in July, 2023, and the 6 th NSA-level Meeting hosted by Mauritius in December
2023. They also reviewed the progress of activities under the ‘Roadmap of Activities for 2023-2024’ of the CSC. The CSC was
established in 2020, when India, Sri Lanka and the Maldives agreed to expand the scope of their trilateral meeting on
maritime cooperation. Mauritius joined the conclave at the 5th meeting of the grouping in Male in March 2022. {Read More}
Smart Points:
• Bangladesh – became 5th member of Colombo Security Conclave (CSC)
• 8th Deputy National Security Adviser (DNSA)-level Meeting – hosted by Mauritius (virtually)
• India – represented by Pankaj Kumar Singh, DNSA (Internal Affairs) | Seychelles – participated as Observer State
• CSC – includes India, Sri Lanka, Mauritius & the Maldives | 7th NSA-level meeting of CSC – will be held in India
• India + Sri Lanka + Maldives = established CSC in 2020 to expand scope of trilateral meeting on maritime cooperation
• Mauritius – joined CSC at 5th meeting of the grouping in March 2022
296. For the first time, Taliban participated in a United Nations (UN)-led Conference on
Afghanistan in Doha, Qatar. Indian delegation was led by Joint Secretary in the Ministry of
External Affairs, J.P. Singh. He heads the MEA’s Pakistan, Afghanistan and Iran (PAI)
Division. In February 2024, China became the first country to officially recognise an
ambassador appointed by the Taliban regime. {Read More}
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Smart Points:
• Taliban – for the first time participated in ‘UN-led Conference on Afghanistan’ in Doha, Qatar
• Indian delegation led by – J.P. Singh (Joint Secretary in MEA) | He heads MEA’s Pakistan, Afghanistan & Iran Division
• China – became first country to officially recognise an ambassador appointed by the Taliban regime (in Feb 2024)
297. The “6th East Asia Summit (EAS) Conference on Maritime Security
Cooperation” was held in Mumbai. The Conference was organised by
the Ministry of External Affairs, Government of India, in partnership
with the Governments of Australia and Indonesia. The Association of
Southeast Asian Nations (ASEAN)-India Centre (AIC) at Research and
Information System for Developing Countries (RIS) and the National
Maritime Foundation (NMF) collaborated as Knowledge Partners for the Conference. The participants discussed a variety of
topics, including the Indo-Pacific Oceans Initiative (IPOI) and ASEAN Outlook on the Indo-Pacific (AOIP), Regional Maritime
Domain Awareness, Combating illicit maritime activity, anti-piracy and IUU fishing, Maritime Connectivity, Humanitarian
Assistance and Disaster Relief (HADR) and Search and Rescue (SAR). The “EAS Conference on Maritime Security Cooperation”
is a signature event organized by India in cooperation with partners as a commitment to strengthen the ASEAN-led EAS
mechanism as well as to support the implementation of the ‘EAS Plan of Action 2024-2028’. {Read More}
Smart Points:
• “6th East Asia Summit (EAS) Conference on Maritime Security Cooperation” – held in Mumbai
• Organised by = MEA (India) + Governments of Australia & Indonesia
• Knowledge Partners – ASEAN-India Centre at Research & Information System for Developing Countries + NMF
298. The Board of the “Fund for Responding to Loss and Damage” selected the Philippines as its host country at the Board’s
2nd Meeting in Songdo, South Korea. The “Loss and Damage” fund, which was operationalized at the COP28 United Nations
(UN) Climate Change Conference in December 2023, was established to help vulnerable countries recover from climate
impacts. COP27 in Egypt in 2022 managed to establish a UN “Loss and Damage” fund dedicated to addressing irreparable
climate-driven damage from drought, floods and rising sea levels, but did not decide on details. Currently, some countries
including the United Arab Emirates (UAE), Germany, Italy and France have pledged around $700 million to the fund. The
United States (US), which is historically the highest greenhouse gas polluter pledged $17.5m. According to an assessment in
Springer led by the International Institute for Applied Systems Analysis, the economic cost of loss and damage is between
$290 and 580 billion in developing countries alone. By 2050 the economic cost of loss and damage in developing countries
is estimated to be between $1-1.8 trillion. In June 2024, the World Bank’s board approved a plan for the bank to act as
interim host of the fund for 4 years. An archipelago of more than 7,600 islands, the Philippines, which also has a seat on the
fund’s board, is frequently hit by typhoons and other climate-change-induced disasters. As host, Manila could focus
attention on the Asia-Pacific region, where many countries struggle with limited resources, hindering their ability to respond
to the effects of climate change. {Read More}
Smart Points:
• Philippines – host country at “Fund for Responding to Loss and Damage” Board’s 2nd Meeting in Songdo, South Korea
• “Loss & Damage” fund – operationalized at COP28 UNCCC (Dec 2023) to help vulnerable countries recover from climate
impacts
• “Loss & Damage” fund – established by COP27 in Egypt (2022) to address irreparable climate-driven damage from
drought, floods & rising sea levels
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• Countries including UAE, Germany, Italy & France pledged – around $700 million to fund
• US (highest greenhouse gas polluter) – pledged $17.5m | World Bank – interim host of fund for 4 years
• Economic cost of loss & damage in developing countries – between $290 & $580 billion | By 2050 – $1-1.8 trillion
299. Lok Sabha (LS) Speaker Om Birla led an Indian Parliamentary Delegation (IPD)
to the “10th BRICS Parliamentary Forum (PF)” was held in St Petersburg, Russia. The
Delegation comprises Harivansh, Deputy Chairman of Rajya Sabha (RS); Shambhu
Sharan Patel, Member of Parliament of RS; Utpal Kumar Singh, Secretary General
of LS; and PC Mody, Secretary General of RS. The overall theme of the PF was ‘The
Role of Parliaments in Strengthening Multilateralism for Equitable Global
Development and Security.’ LS Speaker delivered speeches during the Plenary Sessions on 2 sub-themes namely ‘The BRICS
Parliamentary dimension: Prospects for strengthening inter-parliamentary cooperation’ and ‘The role of Parliaments in
countering the fragmentation of the multilateral trade system and overcoming threats related to the consequences of global
crises.’ The Deputy Chairman of RS also addressed the PF on 2 sub-themes viz ‘The role of Parliaments in enhancing the
efficiency of the system of international relations and ensuring its democratization’ and ‘Inter-parliamentary cooperation in
the humanitarian and cultural spheres.’ LS Speaker also pitched for reforms in the United Nations Security Council. Apart
from the BRICS countries, which include 4 new members (Egypt, Ethiopia, Iran and the United Arab Emirates) since January
2024, Speakers and Parliament Members from the other invited countries, including Azerbaijan, Armenia, Belarus, Kyrgyz
Republic, Tajikistan, Uzbekistan and Turkmenistan with the Chairperson of the Inter-Parliamentary Union, Tulia Aksen also
participated. {Read More}
Smart Points:
• 10th BRICS Parliamentary Forum – held in St Petersburg, Russia | Indian Parliamentary Delegation – led by Om Birla
• Theme - “The Role of Parliaments in Strengthening Multilateralism for Equitable Global Development & Security”
• Countries present – BRICS, Azerbaijan, Armenia, Belarus, Kyrgyz Republic, Tajikistan, Uzbekistan & Turkmenistan
300. PM Narendra Modi has inaugurated the 46th Session of the World Heritage Committee at Bharat Mandapam in New
Delhi. India is hosting the World Heritage Committee Meeting for the first time which will continue till July 31, 2024. India is
committed to promoting global cooperation and engaging local communities towards heritage conservation efforts. PM
Modi announced that India will contribute 1 million dollar to the UNESCO World Heritage Centre. During this meeting,
proposals for nominating new sites on the World Heritage list, State of Conservation reports of 124 existing World Heritage
properties, International Assistance and Utilisation of World Heritage Funds among others will be discussed. Over 2000
international and national delegates from more than 150 countries will attend the meeting. {Read More}
Smart Points:
• PM Modi – inaugurated 46th Session of World Heritage Committee at Bharat Mandapam, New Delhi
• India – hosting World Heritage Committee Meeting for first time | Till – July 31, 2024
• India – will contribute 1 million dollar to UNESCO World Heritage Centre
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301. The theme of the ‘India Mobile Congress 2024 (IMC 2024)’, “The Future is Now”, was
unveiled by Jyotiraditya M. Scindia, Minister for Communications and Development of
North Eastern Region. The theme signifies how India stands at the heart of the
technological evolution and IMC 2024 bringing together global leaders - visionaries,
pioneers, and innovators - to collaborate and actively shape the technologies
transforming the world, where the future isn’t just a concept – it’s happening. The Minister also launched the ‘Indian Mobile
Congress 2024 mobile app’ and website for registration. During this event, the Department of Telecommunications (DoT)
announced the conferment of “Pandit Deendayal Upadhyay Telecom Excellence Awards 2023” for outstanding contributions
in the areas of Telecom Innovations, Telecom Skilling, Telecom Services, Telecom Manufacturing, and Telecom Applications.
The winners are – ‘Dr Kiran Kumar Kuchi for outstanding contributions to telecom technology advancement and
mentorship’; ‘Elena Geo Systems Private Limited for outstanding contributions in advancing Navigation with Indian
Constellation (NavIC)-based devices and applications’; ‘Astrome Technologies Private Limited for pioneering millimeter-
wave multi-beam technology’; ‘Tejas Networks Limited for advancing Telecom Innovations and Equipment Manufacturing’;
and ‘Nivetti Systems Private Limited for outstanding contributions in Secure Networking Products’. The 8th edition of Asia’s
premier digital technology exhibition IMC, co-hosted by the DoT and Cellular Operators Association of India (COAI) will be
held from 15th October 2024 at Pragati Maidan in New Delhi. Concurrent with IMC 2024, India is also hosting the prestigious
international conferences – ‘World Telecommunication Standardization Assembly New Delhi 2024 (WTSA 2024)’ and ‘Global
Standards Symposium (GSS 2024)’ from 14-24 October 2024 at the same venue. {Read More}
Smart Points:
• Theme of ‘India Mobile Congress 2024 (IMC 2024)’, “The Future is Now” – unveiled by Jyotiraditya M. Scindia
• He also launched – Indian Mobile Congress 2024 mobile app & website for registration
• Pandit Deendayal Upadhyay Telecom Excellence Awards 2023 – also conferred by DoT
- Dr Kiran Kumar Kuchi – for outstanding contributions to telecom technology advancement & mentorship
- Elena Geo Systems Private Limited – for outstanding contributions in advancing NavIC-based devices & applications
- Astrome Technologies Private Limited – for pioneering millimeter-wave multi-beam technology
- Tejas Networks Limited – for advancing Telecom Innovations & Equipment Manufacturing
- Nivetti Systems Private Limited – for outstanding contributions in Secure Networking Products
• 8th edition of IMC to be co-hosted by – DoT & COAI | To be held from – Oct 15, 2024 | At – Pragati Maidan, New Delhi
• India – also hosting given international conferences from Oct 14-24, 2024 | At – Pragati Maidan, New Delhi
- ‘World Telecommunication Standardization Assembly New Delhi 2024’ & ‘Global Standards Symposium (GSS 2024)’
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Ranks, Reports & Surveys
302. The number of people who use drugs has risen to 292 million in 2022, a 20% increase over 10 years, according to the
“World Drug Report 2024” released by the UN Office on Drugs and Crime (UNODC). Cannabis remains the most widely used
drug worldwide (228 million users), followed by Opioids, Amphetamines, Cocaine, and Ecstasy. The report warns about
‘Nitazenes’, a new class of synthetic opioids more potent than fentanyl. Out of 64 million people suffering from drug use
disorders, only 1 in 11 receive treatment. According to data from the Narcotics Control Bureau (NCB), there are currently
around 100 million people in India addicted to various narcotic substances. According to the Ministry of Home Affairs, Uttar
Pradesh, Maharashtra, and Punjab are the top three states with the highest number of FIRs registered under the ‘Narcotic
Drugs and Psychotropic Substances Act (NDPS Act)’ in three years between 2019 and 2021. The Golden Crescent is a major
global hub for opium production and distribution. This region comprises Afghanistan, Iran, and Pakistan. {Read more}
Smart Points:
• “World Drug Report 2024” – released by UNODC
• Number of people who use drugs has risen to 292 million in 2022 (20% increase over 10 years)
• 64 million people are suffering from drug use disorders (only 1 in 11 receive treatment)
• Cannabis (228 million users) – most widely used drug worldwide | Followed by – Opioids, Amphetamines & Cocaine
• ‘Nitazenes’ – a new class of synthetic opioids more potent than fentanyl
• NCB: Currently, around 100 million people in India are addicted to various narcotic substances
• Top 3 states with the highest number of FIRs registered under ‘NDPS Act’ from 2019-21 – UP, Maharashtra & Punjab
• ‘The Golden Crescent’ (comprises Afghanistan, Iran, & Pakistan) – a major global hub for opium production & distribution
• HQs of UNODC – Vienna, Austria | Director-General – Ghada Fathi Waly
303. The International Monetary Fund (IMF) has released an “Artificial Intelligence Preparedness Index (AIPI) Dashboard”,
tracking 174 economies globally for AI readiness. The Index has categorised each country into 3 categories - Advanced
Economy (AE), Emerging Market Economy (EM), and Low-Income Country (LIC). Singapore (0.80), Denmark (0.78), and the
United States (0.77) are among the highest-rated AEs, with India categorised as an EM with a 0.49 rating. India ranks 72 in
a total of 174 countries, with Bangladesh (0.38) on 113, Sri Lanka (0.43) on 92, and China (0.63) on 31. South Sudan is ranked
last (174th). The rating for each country is given based on the assessment of readiness in 4 key areas - digital infrastructure,
human capital and labour market policies, innovation and economic integration, and regulation. Earlier this year, the IMF
published a report based on their research, stating that AI could endanger 33% of jobs in AEs, 24% in EMs, and 18% in LICs.
Overall, 40% of the jobs around the world will be affected by AI, replacing some and complimenting others. {Read more}
Smart Points:
• IMF – released an “Artificial Intelligence Preparedness Index (AIPI) Dashboard”, tracking 174 economies for AI readiness
• It categorised each country in 3 categories – Advanced Economy, Emerging Market Economy & Low-Income Country
• 1st – Singapore (0.80), 2nd – Denmark (0.78), 3rd – US (0.77) (all in ‘AE’ category)
• India – 72nd (in ‘EM’ category with a 0.49 rating) | Bangladesh - 113, Sri Lanka - 92, China - 31 | Last (174) – South Sudan
• As per IMF’s report, AI could endanger 33% jobs – in AEs | 24% – in EMs | 18% – in LICs | Overall – 40% jobs
• HQs of IMF – Washington, D.C., USA | MD & Chairperson – Kristalina Georgieva | Member countries – 190
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304. As per the “US-India Defence Partnership: Co-Production & Co-Development” report released by American Chamber
of Commerce in India (Amcham), the United States (US) has emerged as the number one destination for India’s defence
exports. The US has grown to account for over 50% of the total exports, exceeding $2.8 billion during the last 5 years.
However, India’s total defence exports in FY22-23 stood at $1.6 billion, showing over a ten-fold increase in 5 years. According
to the SIPRI’s report on global arms trade in 2024, France and US are emerging as key suppliers to India, collectively
accounting for 46% of its arms imports. Ranjana Khanna is the Director General & CEO of Amcham. {Read More}
Smart Points:
• “US-India Defence Partnership: Co-Production & Co-Development” report – released by Amcham
• US – top destination for India’s defence exports with 50% of total exports (exceeding $2.8 billion during last 5 years)
• India’s total defence exports in FY22-23 – $1.6 billion (ten-fold increase in 5 years)
• As per report on global arms trade in 2024 (by SIPRI): Key suppliers to India – France & US (46% of arms imports)
• HQs of AMCHAM – New Delhi | DG & CEO – Ranjana Khanna | Founded in – 1992
305. The National Institution for Transforming India Aayog (NITI Aayog) released the
4th edition of “Sustainable Development Goal (SDG) India Index for 2023-24”, showing
significant progress in sustainable development across States and Union Territories
(UTs) of India. SDG India Index is the country’s principal tool for measuring national
and subnational progress on the SDGs. SDG India Index measures and tracks the
national progress of all States and UTs on 113 indicators. It computes goal-wise scores
on the 16 SDGs for each State and UT. The scores range from 0 to 100. If a state or UT
achieves a score of 100, it signifies that it has achieved the targets. As per the latest
Index, the composite score for India improved from 57 in 2018 (Baseline report) to 71 in 2023-24. Scores for States range
from 57 to 79 in 2023-24, marking a substantial improvement from the year 2018 range of 42 to 69. SDG 13 (Climate Action)
records the highest increase in score from 54 in 2020-21 to 67 in 2023-24, followed by SDG 1 (No Poverty) from 60 to 72.
Kerala and Uttarakhand emerged as the best-performing states, each scoring 79 points. The lowest performer is Bihar (57),
followed by Jharkhand (62) and Nagaland (63). Among the UTs, Chandigarh topped the Index, followed by Jammu & Kashmir
(J&K), Puducherry, Andaman & Nicobar Islands, and Delhi. This year, 32 States and UTs stood in the front-runner category.
Between 2018 and 2023-2024, the fastest moving States are Uttar Pradesh (increase in score by 25), followed by J&K (21),
Uttarakhand (19), Sikkim (18), Haryana (17), Assam, Tripura & Punjab (16 each), MP & Odisha (15 each). {Read More}
Smart Points:
• 4th edition of “Sustainable Development Goal (SDG) India Index for 2023-24” – released by NITI Aayog
- India’s principal tool for measuring national & subnational progress on SDGs
• Composite score for India – improved to 71 in 2023-24 (from 57 in 2018)
• Scores for States – range from 57 to 79 in 2023-24 (from range of 42 to 69 in 2018)
• Highest increase in score – SDG 13 (Climate Action) to 67 in 2023-24 (from 54 in 2020-21)
- 2nd highest – SDG 1 (No Poverty) to 72 from 60
• Best-performing states – Kerala & Uttarakhand (79 points each)
• Lowest performing states – Bihar (57) | Jharkhand (62) | Nagaland (63)
• Best-performing UTs: 1st – Chandigarh | 2nd – J&K | 3rd – Puducherry | 4th – Andaman & Nicobar Islands | 5th – Delhi
• Fastest moving states between 2018 & 2024 with increase in score:
- 1st – UP (25) | 2nd – J&K (21) | 3rd – Uttarakhand (19) | 4th – Sikkim (18)
- 5th – Haryana (17) | 6th – Assam, Tripura & Punjab (16 each) | 7th – MP & Odisha (15 each)
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306. As per the data released by the Ministry of Commerce and Industry, India’s Wholesale Price
Index (WPI)-based inflation rose for the 4th consecutive month in June 2024 to a 16-month high
of 3.36% from 2.61% in May 2024, primarily on the back of an adverse base effect and a sharp
spike in food prices. Inflation in food prices stood at 10.87% during the month. Manufactured
products, which have a weightage of 64.2% in the index, also saw a sharp rise in inflation to
1.43% in June from 0.78% in May. {Read More}
Smart Points:
• As per data released by MoCI, Inflation in food prices – stood at 10.87% in June 2024
• India’s WPI-based inflation – rose to 3.36% in June 2024 (a 16-month high)
• Manufactured products (having 64.2% weightage in index) – saw rise in inflation to 1.43% in June (from 0.78% in May)
• Minister of Commerce & Industry: Piyush Goyal | Constituency – Mumbai (North), Maharashtra
MoS in Ministry of Commerce & Industry: Jitin Prasada
307. According to the World Intellectual Property Organization’s (WIPO) report titled “Patent Landscape Report: Generative
Artificial Intelligence”, China is far ahead of other countries in Generative Artificial Intelligence (GenAI) inventions like
chatbots, filing six times more patents than its closest rival the United States (US) between 2014-2023. China leads with
38,210 patents, far surpassing the US (6,276), South Korea (4,155), Japan (3,409) and India (1,350), with India growing at the
fastest rate. Among the top applicants were China’s ByteDance which owns the video app TikTok, Chinese e-commerce giant
Alibaba Group, and Microsoft, a backer of startup OpenAI which created ChatGPT. GenAI, which produces text, images,
computer code and even music from existing information, has the potential to transform many other economic sectors like
science, publishing, transportation or security. GenAI currently makes up 6% of total AI patents in the world. Among the
GenAI models, most patents belong to ‘Generative Adversarial Networks (GANs)’. ‘Variational Autoencoders (VAEs)’ and
‘Large Language Models (LLMs)’ are the 2nd and 3rd largest models in terms of patents. {Read More}
Smart Points:
• “Patent Landscape Report: Generative Artificial Intelligence” – released by WIPO
• Highest patents between 2014-23: 1st – China (38,210) | 2nd – US (6,276) | 3rd – South Korea (4,155)
- 4th – Japan (3,409) | 5th – India (1,350)
• GenAI – currently makes up 6% of total AI patents in world
• Largest models in terms of patents among GenAI: 1st – Generative Adversarial Networks
- 2nd – Variational Autoencoders | 3rd – Large Language Models
• HQs of WIPO – Geneva, Switzerland | DG – Daren Tang (Singapore) | Members – 193 | Founded in – 1967
308. As per the “2024 InterNations” study, Vietnam is the most affordable country in the world for immigrants marking the
4th consecutive year when the country has got the top spot out of 53 destinations. As per the report, housing is a big plus in
4 countries: Thailand ranks 1st, Vietnam 2nd, Philippines 5th, and Indonesia 8th. Further, the work-life balance trumps career
advancement in Vietnam and less than half (46%) of the country’s expat population works full-time, compared to the global
average of 57%. The ranking was based on quality of life, digital life, housing and language, career prospects, salary and job
security. In the survey, more than 12,000 expats across 174 territories worldwide participated. The survey asked
respondents to rank their personal satisfaction levels in 3 areas: cost of living, satisfaction with the financial situation, and
whether disposable household income was enough to lead a comfortable life. India secured the 6th position in the top 10
expat destinations list. Southeast Asia emerged prominently in the rankings, with Thailand, Indonesia, and the Philippines
joining Vietnam among the top 10 countries. The top 10 expat destinations are Vietnam, Colombia, Indonesia, Panama,
Philippines, India, Mexico, Thailand, Brazil and China. The InterNations study evaluated destinations based on key factors
such as quality of life, digital connectivity, housing availability, career prospects, salary levels, and job security. {Read More}
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Smart Points:
• As per the “2024 InterNations” study:
• Most affordable country for immigrants – Vietnam (4th consecutive time)
• Housing is a big plus in 4 countries: 1st – Thailand | 2nd – Vietnam | 5th – Philippines | 8th – Indonesia
• Top 10 expat destinations – Vietnam, Colombia, Indonesia, Panama, Philippines, India, Mexico, Thailand, Brazil & China
309. The World Health Organisation (WHO) published the 5th milestone report on
progress towards global trans-fat elimination, covering the period from 2018–2023. As
of 2023, a total of 53 countries had best practice policies in place for tackling industrial
trans-fat in food. These policies have vastly improved the food environment for 3.7
billion people, or 46% of the world’s population, and could help save approximately
1,83,000 lives per year. This is significant progress as compared to just 6% coverage, or
less than half a billion people, in 2018. While the ambitious target set by WHO in 2018 to fully eliminate trans-fat from the
global food supply by the end of 2023 has not been fully met, there has been remarkable progress made towards this goal
in every region of the world. In January 2024, WHO certified 5 countries, Denmark, Lithuania, Poland, Saudi Arabia and
Thailand, for validating progress in eliminating industrially produced trans-fat. WHO’s ‘REPLACE’ action package, launched
in 2018, provides a strategic approach to eliminating industrially produced trans-fat from national food supplies. REPLACE
provides 6 strategic actions - Review, Promote, Legislate, Assess, Create and Enforce. {Read More}
Smart Points:
• 5th milestone report on progress towards global trans-fat elimination (2018–2023) – published by WHO
• Countries having best practice policies in place for tackling industrial trans-fat in food – 53
• WHO set target set in 2018 to fully eliminate trans-fat from global food supply by – end of 2023 (not completed)
• WHO – certified 5 countries for validating progress in eliminating industrially produced trans-fat in Jan 2024
- Denmark, Lithuania, Poland, Saudi Arabia & Thailand
• WHO’s ‘REPLACE’ action package – launched in 2018 to provide an approach to eliminate industrially produced trans-
fat from national food supplies
- It provides 6 strategic actions – Review, Promote, Legislate, Assess, Create & Enforce
310. The United Nations Trade and Development (UNCTAD) released the “Digital
Economy Report 2024”. As per the report, the digital economy is booming. Annual
smartphone shipments have more than doubled since 2010, hitting 1.2 billion in
2023. Internet of things (IoT) devices are projected to surge 2.5 times from 2023
to 39 billion by 2029. New data from 43 countries, representing about 3 quarters
of the Global Domestic Product (GDP), show business e-commerce sales grew
nearly 60% from 2016 to 2022, to reach $27 trillion. Digital waste is growing faster
than collection rates. Waste from screens and small IT equipment rose 30% between 2010 and 2022, reaching 10.5 million
tons. The Information and Communications Technology (ICT) sector emitted an estimated 0.69 to 1.6 gigatons of CO 2
equivalents in 2020, corresponding to 1.5% to 3.2% of global Greenhouse Gas (GHG) emissions. As digital devices become
more complex, they require more mineral resources. Developing countries generate less than 1 kilogram of digitalization-
related waste per person compared to 3.25 kilograms for developed countries. The global market for electronics recycling
is expected to grow from $37 billion in 2022 to an estimated $108 billion by 2030. {Read More}
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Smart Points:
• “Digital Economy Report 2024” – released by UNCTAD
• Annual smartphone shipments – more than doubled since 2010, hitting 1.2 billion in 2023
• IoT devices – to surge 2.5 times to 39 billion by 2029 (from 2023)
• Business e-commerce sales – grew nearly 60% to $27 trillion (from 2016 to 2022)
• Digital waste – rose 30% & reach 10.5 million tons between 2010 & 2022
• ICT sector – emitted 0.69 to 1.6 gigatons of CO2 equivalents in 2020 (equal to 1.5% to 3.2% of global GHG emissions)
• Digitalization-related waste per person: <1 kg – Developing countries | 3.25 kg – Developed countries
• Global market for electronics recycling – to grow $108 billion by 2030 (from $37 billion in 2022)
• HQs of UNCTAD – Geneva, Switzerland | Secretary-General – Rebeca Grynspan | Established in – 1964
311. NITI Aayog launched the report titled “Electronics: Powering India’s Participation in Global Value Chains (GVCs)”. The
report highlighted that India’s participation in GVC is low at less than 1% (around $24 billion) share in around $3 trillion
electronics trade flow globally, while countries like Vietnam exports around 6X of India. Also, it noted that India’s import bill
for electronics stood at $78 billion. It said that India could target 5-6% of $4 trillion electronics GVC ($200-250 billion exports)
by 2030. India should aim to achieve $500 billion ($350 billion from finished goods manufacturing and $150 billion from
components manufacturing) in electronics manufacturing by value terms by 2030. In a Business As Usual (BAU) scenario,
projections indicate that India’s electronics manufacturing could escalate to $278 billion ($253 billion from finished goods
and $25 billion from components manufacturing) by 2030. The current value of India’s electronics production is $101 billion
(from $48 billion in 2017), with $86 billion from finished goods and $15 billion from components. This growth is driven
primarily by mobile phones, which now constitute 43% of total electronics production. India has significantly reduced its
reliance on smartphone imports, now manufacturing 99% domestically. The global electronics market, valued at $4.3 trillion,
is dominated by countries like China, Taiwan, the United States (US), South Korea, Vietnam and Malaysia. India currently
exports approximately $25 billion annually, representing less than 1% of the global share despite a 4% share in global
demand. India’s electronics sector has experienced rapid growth, reaching $155 billion in 2023. Pointing out that high tariffs
on components are hindering India’s ability to scale up electronics exports and compete globally, the report said, “on
average, India’s tariff on relevant electronics is around 7.5%, which is higher than China (4%), Malaysia (3.5%) and Mexico
(2.7%). {Read More}
Smart Points:
• “Electronics: Powering India’s Participation in Global Value Chains (GVCs)” report – launched by NITI Aayog
• India’s participation in GVC – less than 1% (around $24 bn) share in around $3 tn electronics trade flow globally
• India’s import bill for electronics – stood at $78 bn | India could target – 5-6% of $4 tn electronics GVC by 2030
• India should aim to achieve – $500 billion in electronics manufacturing by value terms by 2030
• India’s electronics manufacturing could escalate to – $278 billion by 2030
• Current value of India’s electronics production – $101 bn (from $48 bn in 2017) | Mobile phones – 43% of total
• Global electronics market – $4.3 tn | Dominated by – China, Taiwan, US, South Korea, Vietnam & Malaysia
• India currently exports – $25 billion annually (less than 1% of global share despite a 4% share in global demand)
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312. Cricketer Virat Kohli has reclaimed the top spot to become India’s most valued celebrity,
boasting a brand value of $227.9 million in 2023, as reported by Kroll’s “Celebrity Brand Valuation
Report 2023”. He surpassed actor Ranveer Singh, who slipped to the second position with a brand
value of $203.1 million. 58-year-old actor Shah Rukh Khan has ascended to third place in the
rankings, achieving a brand value of $120.7 million in 2023. Akshay Kumar has slipped to fourth
place, while Alia Bhatt stood fifth. {Read More}
Smart Points:
• “Celebrity Brand Valuation Report 2023” – released by Kroll
• Virat Kohli ($227.9 million) – reclaimed the top spot to become India’s most valued celebrity
- 2nd – Ranveer Singh ($203.1 million) | 3rd – Shah Rukh Khan ($120.7 million)
- 4th – Akshay Kumar | 5th – Alia Bhatt
313. According to the latest ranking by the UK-based “Henley Passport Index” released in July 2024, India’s passport now
ranks at an improved 82nd spot, allowing Indians visa-free entry to 58 countries. The ranking is based on data from the
International Air Transport Association (IATA). Singapore occupied the top spot in the Index with its citizens having visa-free
entry to 195 countries. It dethroned Japan from the first place, which is now at the 2nd place along with Spain, France,
Germany and Italy. The passports of all five countries allow visa-free access to 192 destinations. Austria, Finland, Ireland,
Luxembourg, Netherlands, South Korea, and Sweden - now sit on 3rd place in the ranking. {Read More}
Smart Points:
• “Henley Passport Index” – released in July 2024 (based on data from the IATA)
• India’s passport now ranks at 82nd spot, allowing Indians visa-free entry to 58 countries
• Top 3:
- 1st – Singapore
- 2nd – Japan, Spain, France, Germany & Italy
- 3rd – Austria, Finland, Ireland, Luxembourg, Netherlands, South Korea & Sweden
314. India gained 2,66,000 hectares of forest area annually from 2010 to 2020, securing the 3 rd spot among the top 10
countries with the most significant forest area gains during this period, according to a new report by the Food and Agriculture
Organisation (FAO). China led the world with the maximum forest area gain of 1,937,000 hectares, followed by Australia
with 4,46,000 hectares, and India. Other countries in the top 10 include Chile, Vietnam, Turkey, the United States, France,
Italy and Romania. In the United States, 25 million hectares of forestlands are projected to experience losses exceeding 20%
of host tree basal area due to insects and disease by 2027, according to the report. {Read More}
Smart Points:
• FAO report: India gained 2,66,000 hectares of forest area annually from 2010 to 2020, securing 3rd spot
- 1st – China (1,937,000 hectares) | 2nd – Australia (4,46,000 hectares)
• Other countries in the top 10 – Chile, Vietnam, Turkey, the United States, France, Italy & Romania
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315. Chhattisgarh-based Coal India subsidiary South Eastern Coalfields Limited’s (SECL) Gevra and Kusmunda coal mines
have secured the 2nd and 4th spot in the list of the “World’s 10 Largest Coal Mines” released by WorldAtlas.com. Located in
the Korba district of Chhattisgarh state, these two mines produce more 100 million tons of coal annually accounting for
about 10% of India’s total coal production. These mines have deployed some of the world’s largest and most advanced
mining machines such as the “Surface Miner” that extracts and cuts coal without blasting for eco-friendly mining operations.
For overburden removal, the mines use some of the world’s largest HEMMs (Heavy Earth Moving Machinery). {Read More}
Smart Points:
• “World’s 10 Largest Coal Mines” – released by WorldAtlas.com
• SECL’s Gevra & Kusmunda coal mines (Korba, Chhattisgarh) – secured 2nd & 4th spot
• They produce – 100+ million tons of coal annually (10% of India’s total coal production)
• HQs of SECL – Bilaspur, Chhattisgarh | CMD & CEO – Prem Sagar Mishra | Founded in – 1985
316. Tata AIA Life Insurance (Tata AIA), one of India’s leading life insurance companies, is pleased
to announce that the company has secured the 6th position in the “Global Million Dollar Round
Table (MDRT) rankings for 2024”. The Company achieved the largest number of MDRT-qualified
Life Insurance Advisors in India with 2584 registered MDRTs. With 1238 qualified Women MDRT
Advisors, the Company ranked 1st in India and 7th globally among companies with Female MDRT
Members. MDRT, the premier association of Financial Professionals®, is a global, independent
association of the world’s leading life insurance and financial services professionals from over 700 companies in 80 nations
and territories. MDRT members demonstrate exceptional professional knowledge, strict ethical conduct and outstanding
client service. MDRT membership is recognized internationally as the standard of excellence in the life insurance and
financial services business. The company witnessed a 30.64% increase in MDRT-qualified Advisors registered in comparison
to the previous year. For the same period, female MDRT qualifiers saw a 32.26% increase. Life Insurance solutions are long-
term products and hence receiving the right advice from a long-term perspective is very important for consumers. A higher
number of MDRT advisors clearly puts a life insurer at an advantage since the right advice during product sales ensures
happy and loyal consumers who keep renewing their policies year on year. No wonder, Tata AIA has benefited by having a
large count of MDRT agents and employees as it strengthens its leadership position on persistency, by being ranked No. 1
in 4 of the 5 persistency cohorts. Persistency ratio measures the percentage of consumers who choose to renew their policy
with a life insurer, thereby reposing their trust in the brand. {Read More}
Smart Points:
• Tata AIA Life Insurance – secured 6th position in “Global Million Dollar Round Table (MDRT) rankings for 2024”
• It achieved the largest number of MDRT-qualified Life Insurance Advisors in India with 2584 registered MDRTs
• In terms of Female MDRT Members, Tata AIA secured: 1st rank – India | 7th – globally
• Increase in MDRT-qualified Advisors registered in comparison to 2023 – 30.64% | Increase in female MDRT – 32.26%
• HQs of Tata AIA Life – Mumbai, Maharashtra | MD & CEO – Venkatachalam H
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317. The Food and Agriculture Organization (FAO), the International Fund for Agricultural
Development (IFAD), the UN Children's Fund (UNICEF), the UN World Food Programme (WFP),
and the UN World Health Organization (WHO) jointly published a report titled “The State of Food
Security and Nutrition in the World 2024 (SOFI 2024)”. It is the annual global monitoring report
for Sustainable Development Goal (SDG) 2 targets 2.1 and 2.2 – to end hunger, food insecurity
and malnutrition in all its forms. The theme of SOFI 2024 is “Financing to end hunger, food
insecurity and all forms of malnutrition”. According to the SOFI 2024, the progress in fighting
global hunger has been set back by 15 years, leaving around 733 million people going hungry in
2023, equivalent to 1 in 11 people globally and 1 in 5 in Africa. The bottom line is that we are still
far off track towards the goal of ridding the world of hunger, food insecurity and malnutrition by 2030. If current trends
persist, around 582 million people will still face hunger in 2030, half of them in Africa. Despite progress in combating stunting
and promoting breastfeeding, global hunger levels have remained stubbornly static for 3 consecutive years. India’s
prevalence of hunger has declined from 16.6% in 2022 to 13.7% in 2023. Between 713 million and 757 million people were
undernourished in 2023, around 152 million more than in 2019. An estimated 28.9% of the global population was
moderately or severely food insecure in 2023. The report notes that definitions of financing for food security and nutrition,
and the differences among them, lead to inconsistent estimates, causing issues in identifying underfinanced areas, ensuring
accountability and tracking intervention impacts. Therefore, a common definition and mapping are urgently needed, as
current efforts lack adequate attention and clarity. {Read More}
Smart Points:
• “State of Food Security & Nutrition in the World 2024” report = published by FAO + IFAD + UNICEF + WFP + WHO
• Theme - “Financing to end hunger, food insecurity and all forms of malnutrition”
• It is a global monitoring report for SDG targets 2.1 & 2.2 – to end hunger, food insecurity & malnutrition in all its forms
• India’s prevalence of hunger has declined from 16.6% in 2022 to 13.7% in 2023
• Progress in fighting global hunger – set back by 15 years, leaving around 733 million people going hungry in 2023
- equivalent to 1 in 11 people globally & 1 in 5 in Africa
• If current trends persist, 582 million people will still face hunger in 2030 (half of them in Africa)
• Moderately or severely food insecure population in 2023 – 28.9% of global population
• HQs of IFAD – Rome, Italy | President – Alvaro Lario | Founded in – 1977
• HQs of UNICEF – New York, US | Executive Director – Catherine Russell | Established in – 1946
• HQs of WFP – Rome, Italy | Executive Director – Cindy McCain | Founded in – 1961
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318. The report titled “Economic Case for Investment in the Well-being of Adolescents
in India” highlighted the substantial economic benefits of investing in adolescent well-
being. It observed that 7 key programmes in areas such as adolescent health, education,
child marriage prevention, and road safety, which are expected to yield impressive
returns on investment. For every dollar invested, returns are estimated to range from
$4.6 to $71.4. The report further demonstrates that future investments, some of which
align with existing national programmes, have the potential to significantly boost the
Indian economy. An investment of $33 billion per annum across various sectors by the government, private sector, civil
society, communities, and families is projected to yield returns of $476 billion per annum, enhancing the gross domestic
product (GDP) by an average of approximately 10.1%. This underscores the crucial role that successive cohorts of
adolescents will play in shaping India’s economic and social future. While the report presents empirical data to estimate the
benefit-cost ratio (BCR) for 7 major intervention programmes, it also emphasises the need for additional interventions to
further enhance adolescent well-being. Key programmes such as the “Rashtriya Kishor Swasthya Karyakram (RKSK)” and
“School Health and Wellness Programme” have been instrumental in providing healthcare services tailored to adolescents’
needs, promoting healthy behaviours, and ensuring access to crucial information in schools, facilities and community. The
report, prepared by the Union Health Ministry in collaboration with the Partnership for Maternal, Newborn and Child Health
(PMNCH), and the World Health Organisation (WHO), builds on the global findings from “Adolescents in a Changing World -
The Case for Urgent Investment”. {Read More}
Smart Points:
• “Economic Case for Investment in the Well-being of Adolescents in India” report
- Prepared by – Ministry of Health & Family Welfare + PMNCH + WHO
• For every dollar invested – returns are estimated to range from $4.6 to $71.4
• Investment of $33 bn per annum across various sectors – projected to yield returns of $476 bn per annum
- enhancing GDP by an average of 10.1%
319. India’s ‘NAAR Boutique Hotel in Himachal Pradesh’, ‘Manam Chocolate Factory in
Hyderabad’ and ‘Museum of Solutions (MuSo) in Mumbai’ have made it to the list of
TIME Magazine’s “World’s 100 Greatest Places” to visit in 2024. Located in the heart of
Mumbai, ‘MuSo’ is a one-of-a-kind place that offers a mix of theme-based exhibits,
immersive experiences, learning and development programmes, creative tool-based
labs, and a library with a curated collection of children’s books. The primary objective of
the museum is to motivate children to think creatively and deliver a positive impact in their communities. It has 4 distinct
labs where kids ages two to 17 can experiment with math, physics, art, and other STEAM subjects. Compared to the widely
revered Belgian and Swiss chocolates, ‘Manam Chocolate Factory’ works closely with farmers and fermenters in Andhra
Pradesh’s West Godavari district to put Indian craft chocolates on a global platform. Located in the Banjara Hills, Hyderabad,
it is owned by Chaitanya Muppala of Almond House fame. Manam has been recognised by the International Institute of
Chocolate and Cacao Tasting and the United Kingdom’s (UK) Academy of Chocolate. Located at the Amaya Boutique Hotel,
‘NAAR’ offers an interesting take on Himayalan cuisine, calling itself a destination restaurant. The venture was started by
Prateek Sadhu, a Kashmiri chef who returned to the mountains after working abroad. ‘NAAR’ uses regional ingredients such
as Himachali yak cheese, juniper-smoked lamb with Kashmiri mushqbudji rice, Ladakhi buckwheat pasta, Naga bamboo
shoot pickles, galgal lemons from Uttarakhand to maintain the authenticity of dishes. {Read More}
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Smart Points:
• “World’s 100 Greatest Places” to visit in 2024 list – released by TIME Magazine
• India’s places – ‘NAAR Boutique Hotel (HP)’, ‘Manam Chocolate Factory (Hyderabad)’ & ‘Museum of Solutions (Mumbai)’
• Aim (of MuSo): To motivate children to think creatively & deliver a positive impact in their communities
• MuSo – 4 distinct labs where kids aged 2-17 can experiment with math, physics, art & other STEAM subjects
• Manam – recognised by International Institute of Chocolate & Cacao Tasting & UK’s Academy of Chocolate
320. Assam has recorded an 81% decline in instances of child marriage in the state since 2021,
states a report titled “Towards Justice: Ending Child Marriages” by India Child Protection
(ICP), a non-governmental organisation. As per the report, the cases of child marriage in the
surveyed villages in Assam declined from 3,225 in 2021-22 to 627 in 2023-24. In 30% of the
villages surveyed in Assam, child marriage has been completely eradicated. Additionally, 40%
of villages reported a significant decline in the occurrence of child marriage. According to the ICP report, in terms of the
district-wise % change in the number of girls reported married from 2021-2024, Dhubri registered a 78% decline from 452
cases in 2021-22 to 281 in 2022-23, with 99 girls under the age of 18 getting married in 2023-24. In January 2023, Chief
Minister Himanta Biswa Sarma announced the launch of a state-wide drive against child marriage under the Prohibition of
Child Marriage Act (PCMA), 2006, and Protection of Children from Sexual Offences Act (POCSO), 2012 and later, in February
2023, a crackdown on child marriage was imposed. The Assam Cabinet also approved the Assam Repealing Bill 2024, which
will aim to repeal the Assam Muslim Marriages and Divorce Registration Act and Rules, 1935. {Read More}
Smart Points:
• “Towards Justice: Ending Child Marriages” report – by India Child Protection (ICP)
• Assam – 81% decline in instances of child marriage to 627 in 2023-24 from 3,225 in 2021-22
• In 30% villages surveyed, child marriage has been completely eradicated
• In terms of the district-wise % change in the number of girls reported married from 2021-2024:
- Dhubri – 78% decline to 281 in 2022-23, with 99 girls under 18 years married in 2023-24 (from 452 in 2021-22)
• Assam CM – launched state-wide drive against child marriage under PCMA, 2006 & POCSO, 2012 (in Jan’24)
• Assam Cabinet – approved Assam Repealing Bill 2024, to repeal Assam Muslim Marriages & Divorce Registration Act &
Rules, 1935
Amount & Agreements

321. World Bank approved the $1.5 billion in financing for a second operation to help India accelerate the development of
low-carbon energy. The ‘Second Low-Carbon Energy Programmatic Development Policy Operation’, the second in a series
of two operations similar in size, will support reforms to boost the production of green hydrogen and electrolyzers, critical
technology needed for green hydrogen production. In addition, it will also significantly help to increase renewable energy
capacity and support reductions in emissions by 50 million tons per year. The reforms supported by the operation are
expected to result in the production of at least 4,50,000 metric tons of green hydrogen and 1,500 MW of electrolyzers per
year from the financial year 2025-26 onwards. This operation is aligned with the Government of India’s energy security and
with the Bank’s Hydrogen for Development (H4D) Partnership. In June 2023, the World Bank approved the $1.5 billion ‘First
Low-Carbon Energy Programmatic Development Policy Operation’ which supported the waiver of transmission charges for
renewable energy in green hydrogen projects. {Read more}
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Smart Points:
• World Bank – approved the $1.5 billion ‘Second Low-Carbon Energy Programmatic Development Policy Operation’
• It will support reforms to boost the production of green hydrogen and electrolyzers, critical technology needed for green
hydrogen production
• It will also to increase RE capacity & support reductions in emissions by 50 million tons per year
• With this operation, production of at least 4,50,000 metric tons of green hydrogen & 1,500 MW of electrolyzers per year
from FY 2025-26
• HQs of World Bank – Washington D.C., US | President – Ajay Banga | MD/CFO – Anshula Kant | Members – 189
322. Asian Development Bank (ADB) has arranged Rs 1,460 crore loan for ENGIE group for constructing a 400-MW Solar
Photovoltaic Power Plant in Surendranagar, Gujarat. ADB was the mandated lead arranger for the entire loan totalling Rs
14.6 billion (~$176 million) with ADB and Asian Infrastructure Investment Bank both providing Rs 7.3 billion. The project will
support the Government of India's target of achieving at least 500 GW of non-fossil fuel energy capacity by 2030. The plant
will generate an average of 805 gigawatt-hours annually over the next 25 years, avoiding nearly 6,62,441 tonnes of carbon
dioxide emissions per year. This is the second project that ADB has financed for the ENGIE group in India. {Read more}
Smart Points:
• ADB – arranged Rs 1,460 Cr loan for ENGIE group for constructing a 400-MW SPV Power Plant in Surendranagar, Gujarat
• ADB – lead arranger for entire loan totalling Rs 14.6 billion | AIIB & ADB – both are providing Rs 7.3 billion each
• It will generate – 805 GWh (average) annually over next 25 years (avoiding 6,62,441 tonnes of CO2 emissions per year)
• Government of India is targeting to achieve at least 500 GW of non-fossil fuel energy capacity by 2030
• HQs of ADB – Mandaluyong, Philippines | President – Masatsugu Asakawa | Members – 68
• HQs of AIIB – Beijing, China | President – Jin Liqun | Established in – 2016 | Members – 105
323. The Export-Import Bank of India (EXIM Bank) has entered into an agreement with the government of Guyana to provide
a line of credit worth $2.5 million for the installation of a solar photo voltaic power plant. The solar photo voltaic power
plant will be set up at the Cheddi Jagan International Airport in Guyana. Of the total credit provided by EXIM Bank, goods,
works and services worth at least 75% of the contract price will be supplied by the seller from India and the remaining 25%
may be procured by the seller from outside India for the eligible contract. {Read More}
Smart Points:
• EXIM Bank – to provide a line of credit worth $2.5 million for installation of a solar photo voltaic power plant in Guyana
• Plant will be set up at – Cheddi Jagan International Airport in Guyana
• HQs of EXIM Bank – Mumbai, Maharashtra | MD – Harsha Bangari | Founded in – 1982
• Guyana – Georgetown – Guyanese Dollar | President – Mohamed Irfaan Ali
324. India has made a contribution of $1.16 million to the United Nations for the promotion of Hindi. R. Ravindra, the charge
d’affaires of India’s Permanent Mission, handed over the cheque to Ian Phillips, the director of the News and Media Division
of the UN’s Department of Global Communications (DGC). India partnered with the DGC since 2018 when the “Hindi@UN”
project was launched to enhance the public outreach of the United Nations in the Hindi language. The United Nations
produces an audio Hindi news bulletin every week on matters relating to the world organisation. {Read More}
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Smart Points:
• India – contributed $1.16 million to UN for promotion of Hindi
• “Hindi@UN” project – launched in 2018
325. Mumbai Metropolitan Region Development Authority (MMRDA) has entered into an agreement with the German-
based KfW to raise over Rs 850 crore to support development of urban infrastructure. This initiative includes the
development of green corridors, solid waste management systems, recycling and reuse facilities, and the promotion of
renewable energy solutions. This will be undertaken through the government’s ‘MMR Urban Infrastructure Amenities
Project’ and the total cost of this project is around Rs 1,215 crore. Of this, the MMRDA will contribute Rs 365 crore from its
corpus. Among the key ongoing projects, MMRDA is working on significant development in the Public Transportation System
by building 14 different metro line projects in Mumbai and MMR. These metro lines have a total length of 337 km, which is
the longest metro network being developed at the same time by a single development agency anywhere in the world. {Read
More}
Smart Points:
• MMRDA + KfW (Germany) = an agreement to raise over Rs 850 Cr to support development of urban infrastructure
• Undertaken through – ‘MMR Urban Infrastructure Amenities Project’ | Total cost – Rs 1,215 Cr (Rs 365 Cr - MMRDA)
• MMRDA – to develop 14 metro line projects in Mumbai & MMR | Total length – 337 km (longest metro network)
• HQs of KfW – Frankfurt, Germany | CEO – Stefan Wintels
326. Rural Electrification Corporation (REC) a power financing public sector undertaking
(PSU), has successfully availed a green loan of 31.96 Billion Japanese Yen (JPY) (equivalent
to USD 200 million) from Deutsche Bank AG, GIFT City branch, to finance eligible green
projects in India. This green facility, a first JPY-denominated green loan, is aimed at funding
projects that align with strict environmental standards, enhance renewable energy
adoption, and contribute to carbon emission reduction across the nation. REC is a ‘Maharatna’ company under the
administrative control of the Ministry of Power, Government of India, and is registered with RBI as Non-Banking Finance
Company (NBFC), Public Financial Institution (PFI) and Infrastructure Financing Company (IFC). In the last financial year, REC
Ltd sanctioned loans worth Rs 3.59 trillion, out of which Rs 1.36 trillion were for renewable energy projects. The company
is planning to increase the share of renewable energy in its loan book to 30% by 2030 from the current 10%. {Read More}
Smart Points:
• REC – successfully availed a green loan of 31.96 Billion JPY ($200 million) from Deutsche Bank AG, GIFT City branch
• Aim: To finance eligible green projects in India
• HQs of REC Ltd – New Delhi | Chairman & MD – Vivek Kumar Dewangen | Founded in – 1969
• HQs of Deutsche Bank – Frankfurt, Germany | CEO – Christian Sewing | President – Karl von Rohr
• HQs of Deutsche Bank AG, India – Mumbai, Maharashtra
327. The Asian Development Bank (ADB) has approved a $200 million loan to expand metro rail corridors and improve
transport connectivity in Nagpur, Maharashtra. The Nagpur Metro Urban Mobility Project will improve transport
connectivity within and to Nagpur’s new and growing urban areas. The project will finance the extension of four metro rail
corridors in Nagpur. It will provide an efficient, safe, and environment-friendly public transport to ease commuters’ travel
and improve productivity. The project will construct 43.8 kilometers of elevated metro rail corridors with 32 stations. The
project will help the Maha Metro develop a 5-year institutional action plan. {Read More}
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Smart Points:
• ADB – approved $200 million loan to expand metro rail corridors & improve transport connectivity in Nagpur
• It will finance extension of 4 metro rail corridors & construct 43.8 kms of elevated metro rail corridors with 32 stations
• HQs of ADB – Mandaluyong, Philippines | President – Masatsugu Asakawa | Members – 68
328. The Small Industries Development Bank of India (SIDBI), which received approval for funding of $215.6 m ($200 million
loan and $15.6 million grant) from the Green Climate Fund (GCF), will create a corpus of $1 billion for ‘financing mitigation
and adaptation projects (FMAP)’ for Medium and Small Enterprises (MSMEs). SIDBI would bring in another $800 m partly
from its balance sheet and partly raised from the market to form a fund of $1 billion. Notably, this comes close on the heels
of the Asian Development Bank (ADB) approving $240 m for lending for rooftop solar projects in India, which was announced
on July 17. The ADB loan is to be routed through the State Bank of India and the National Bank for Agriculture and Rural
Development (NABARD). The FMAP facility would provide nearly 10,000 concessional loans to MSMEs, to promote low-
emission, climate-resilient technologies, renewable energy and e-mobility. The FMAP programme is expected to result in a
reduction in greenhouse gas emissions to the tune of 35.3 million tonnes. The GCF, the world’s largest dedicated climate
fund, is an operating entity of the financial mechanism of the United Nations Framework Convention on Climate Change
(UNFCCC). The fund has a portfolio of 270 projects worth USD 14.9 billion ($58.7 billion including co-financing) for
transformative climate action in 130 developing countries. {Read More}
Smart Points:
• SIDBI – will create a corpus of $1 billion for ‘financing mitigation & adaptation projects (FMAP)’ for MSMEs
• SIDBI – received approval for funding of $215.6 m ($200 million loan & $15.6 million grant) from Green Climate Fund
• SIDBI – would bring another $800 m from its balance sheet & raised from market to form a fund of $1 billion
• ADB – approved $240 m for lending for rooftop solar projects in India on July 17, 2024
• ADB loan – to be routed through SBI & NABARD
• FMAP – to provide 10,000 concessional loans to MSMEs, to promote low-emission, climate-resilient technologies,
renewable energy & e-mobility
• FMAP – expected to result in a reduction in greenhouse gas emissions to the tune of 35.3 million tonnes
• GCF – operating entity of financial mechanism of UNFCCC | It’s portfolio – 270 projects | Worth – $14.9 billion
• HQs of SIDBI – Lucknow, UP | MD & Chairman – Sivasubramanian Ramann | Established in – 1990
Ordinance, Bills & Acts

329. The Department of Personnel and Training (DoPT) has notified that the “Public Examinations (Prevention of Unfair
Means) Act, 2024” will come into effect from June 21, 2024. The Act seeks to prevent the use of ‘unfair means’ in public
examinations and bring greater transparency, fairness and credibility. The Act mentions punishments for ‘leakage of
question paper or answer key’, ‘directly or indirectly assisting the candidate in any manner unauthorisedly in the public
examination’ and ‘tampering with the computer network or a computer resource or a computer system’ as offences done
by a person, group of persons or institutions. The Act has provision of imprisonment between 3-5 years and a fine ranging
from ₹10 lakh to ₹1 crore for malpractices and organised cheating in government recruitment exams. The public
examinations in the Act include UPSC, SSC, IBPS, RRB (Railway Recruitment Board), NTA (National Testing Agency), etc. {Read
more}
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Smart Points:
• DoPT notified: “Public Examinations (Prevention of Unfair Means) Act, 2024” will come into effect from June 21, 2024
• Aim – to prevent use of ‘unfair means’ in public examinations and bring greater transparency, fairness & credibility
• The public examinations include – UPSC, SSC, IBPS, RRB, NTA etc
• Offenders will be punished with imprisonment between 3 to 5 years, & fines ranging from Rs 10 lakh Rs 1 Cr
• Minister of Personnel, Public Grievances & Pensions: Narendra Modi | Constituency – Varanasi, Uttar Pradesh
MoS in Personnel, Public Grievances & Pensions: Dr. Jitendra Singh
330. Karnataka government has published the draft of the “Karnataka Platform-based Gig Workers (Social Security and
Welfare) Bill”, making it the second Indian State to initiate such a move, the first being Rajasthan. The Bill seeks to regulate
the social security and welfare of platform-based gig workers in the State and is expected to be placed in the monsoon
session of the Assembly. According to the draft Bill, the contract between the aggregator and the worker should contain an
exhaustive list of grounds on which the contract would be terminated by the aggregator. Aggregator shall not terminate a
worker without giving valid reasons in writing and prior notice of 14 days. A 2022 NITI Aayog report estimates that India will
have 23.5 million gig workers by 2029-30. Moreover, Karnataka government also notified the “Karnataka Motor Transport
and Other Allied Workers’ Social Security and Welfare Act, 2024”, a first-of-its-kind legislation in India, to provide social
security and welfare measures to promote the welfare of motor transport and allied workers within the state. The new Act
applies to a wide range of workers, including those employed in motor transport undertakings, garages, workshops, and
automobile body-building units. The Act establishes a dedicated Social Security Fund, financed through a cess on motor
transport businesses, government grants, and contributions from beneficiaries. {Read more}
Smart Points:
• Karnataka – published the draft of the “Karnataka Platform-based Gig Workers (Social Security and Welfare) Bill”
- It became Indian State to initiate such a move, the first being Rajasthan
- Aim: To regulate the social security & welfare of platform-based gig workers in the State
- Aggregator shall not terminate a worker without giving valid reasons in writing & prior notice of 14 days
• Karnataka – notified the “Karnataka Motor Transport and Other Allied Workers’ Social Security & Welfare Act, 2024”
- India’s first-of-its-kind legislation to provide social security & welfare measures for motor transport & allied workers
- It establishes a dedicated Social Security Fund, financed through a cess on motor transport businesses & Govt grants
331. The Union Government has issued Gazetted Notification for enforcing section 6-8, 48 and 59(b) of the
“Telecommunications Act, 2023” w.e.f. i.e., July 5, 2024. The Telecommunication Act 2023 aims to amend and consolidate
the law relating to development, expansion and operation of telecommunication services and telecommunication networks;
assignment of spectrum; and for matters connected therewith. The Telecommunication Act 2023 also seeks to repeals
existing legislative framework like ‘Indian Telegraph Act, 1885’ and ‘Indian Wireless Telegraph Act, 1933’. As per Section
59(b) of the Act, candidates for TRAI chairperson, who have never served in the government, must now have at least 30
years of professional experience and have been a director or chief executive of a telecoms, financial, accountancy or related
firm. For TRAI members, the requirement is 25 years’ experience. The Telecommunications Act 2023 also stipulate that
government candidates for chairperson must have held the post of secretary or equivalent, while members must have been
additional secretary or equivalent. The new rules also prohibit the use of equipment blocking telecommunications unless
permitted by the central government under section 48. {Read More}
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Smart Points:
• Centre issued Gazetted Notification to enforce section 6-8, 48 & 59(b) of “Telecommunications Act, 2023” w.e.f. July 5
• Aim: To amend & consolidate law relating to development, expansion & operation of telecommunication services
• It seeks to repeal existing legislative framework like ‘Indian Telegraph Act, 1885’ & ‘Indian Wireless Telegraph Act, 1933’
• As per Section 59(b), min professional experience for TRAI Chairperson – 30 years | For TRAI members – 25 years
• Govt candidates for chairperson must have held the post of Secretary or equivalent, while members must have been
additional Secretary or equivalent
• New rules prohibit the use of equipment blocking telecommunications unless permitted by Central Govt under Sec 48
MoUs, Collaborations & Partnerships

332. India and Bangladesh have signed several MoUs including - an MoU on shared vision for India-Bangladesh Digital and
Green Partnership; an MoU on Maritime Cooperation and Blue Economy; an MoU between IN-SPACe and Bangladesh’s
Ministry of ICT and Telecom; an MoU between Ministry of Railways, Government of India and Ministry of Railways,
Government of Bangladesh for railway connectivity; an MoU for Cooperation in Oceanography between Bangladesh
Oceanographic Research Institute (BORI) and India’s National Institute of Oceanographic Institute (NIO) under CSIR. India is
Bangladesh’s largest export destination in Asia. Trade between the two countries touched $15.9 billion in the financial year
2022-23. {Read more}
Smart Points:
• India & Bangladesh signed several MoUs:
- an MoU on shared vision for India-Bangladesh Digital & Green Partnership
- an MoU on Maritime Cooperation & Blue Economy
- an MoU between IN-SPACe & Bangladesh’s Ministry of ICT and Telecom
- an MoU between Ministry of Railways of India & Bangladesh
- an MoU for Cooperation in Oceanography between BORI (Bangladesh) & NIO (India)
• India is Bangladesh’s largest export destination in Asia (bilateral trade in FY23 - $15.9 billion)
• Bangladesh – Dhaka – Taka | PM – Seikh Hasina | President – Mohammed Shahabuddin
333. Women Entrepreneurship Platform (WEP) and TransUnion CIBIL partnered to launch a
credit education program, “SEHER”, to empower women entrepreneurs in India with financial
literacy content and business skills. It will help them to access the financial tools they need to
drive further growth and create employment in the country’s economy. The SEHER program
was launched by Ms. Anna Roy, Mission Director of WEP and Principal Economic Adviser of NITI
Aayog. The program is part of WEP’s Financing Women Collaborative (FWC), a first-of-its-kind
initiative aimed at accelerating access to finance for women entrepreneurs. WEP is a public-
private partnership platform incubated at NITI Aayog in 2018 and aims to create an enabling
ecosystem for women entrepreneurs in India. According to the Udyam Registration Portal (URP) of Ministry of MSMEs, India
has 63 million micro, small, and medium enterprises of which 20.5% are women-owned, employing as many as 27 million
people. Rajesh Kumar is MD & CEO of TransUnion CIBIL. {Read more}
https:// /#
Smart Points:
• WEP + TransUnion CIBIL = to launch a credit education program, “SEHER”
• Aim: To empower women entrepreneurs in India with financial literacy content & business skills
• Launched by – Ms Anna Roy (Mission Director of WEP & Principal Economic Adviser of NITI Aayog)
• It is a part of WEP’s ‘Financing Women Collaborative (FWC)’
• WEP – a PPP platform to create enabling ecosystem for women entrepreneurs | Incubated at – NITI Aayog in 2018
• According to Udyam Registration Portal (Ministry of MSMEs) – India has 63 million MSMEs (women-owned - 20.5%)
• HQs of TransUnion CIBIL – Mumbai, Maharashtra | MD & CEO – Rajesh Kumar | Founded in – 2000
• Minister of MSME: Jitan Ram Manjhi | Constituency – Gaya, Bihar
MoS in Ministry of MSME: Shobha Karandlaje
334. Ministry of Rural Development (MoRD) has signed an MoU with Convergence Energy Services Limited (CESL), a wholly
owned subsidy of EESL, to help facilitate “Sustainable Transport for Rural Entrepreneurs through Electric Bicycles (STREE)”
for Self Help Group (SHG) Women under Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM).
STREE intends to empower the rural economy, especially the rural women by providing them access to green mobility
through the introduction of electric bicycles. This partnership of Green Mobility will further support economic & social
empowerment of rural women and accelerate enabling of Lakhpati Didis. The project aims to build livelihood opportunities
independence and prosperity amongst SHG women, elevating their socio-economic standing. Vishal Kapoor is the MD & CEO
of CESL. {Read more}
Smart Points:
• MoRD + CESL (EESL) = an MoU to help facilitate “Sustainable Transport for Rural Entrepreneurs through Electric Bicycles
(STREE)” for SHG Women
- Under – Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)
• Aim: To build livelihood opportunities independence & prosperity amongst SHG women, elevating their socio-economic
standing
• HQs of CESL – New Delhi | MD & CEO – Vishal Kapoor | Founded in – 2020
• Minister of Rural Development: Shivraj Singh Chouhan | Constituency – Vidisha, Madhya Pradesh
MoS in Ministry of Rural Development: Dr. Chandra Sekhar Pemmasani & Kamlesh Paswan
335. Gujarat government has signed an MoU with software giants IBM and Microsoft, and the National Association of
Software and Service Companies (NASSCOM) for promoting the use of Artificial Intelligence technologies in the state. IBM
and the Department of Science & Technology, Government of Gujarat, entered into an MoU to establish and promote an AI
Cluster to foster innovation and collaboration among financial institutions at GIFT City. Microsoft and the Department of
S&T signed an MoU to establish an Artificial Intelligence Center of Excellence in GIFT City. While, the DST, Gujarat, signed an
MoU with NASSCOM to enhance AI capabilities in the state. Additionally, IBM will collaborate on developing AI curriculum
for state schools and universities. IBM, NVidia, AWS, TCS, and L&T Edutech have committed to providing courses under this
initiative. Through these efforts, Gujarat aims to train 25,000 students in deep technology courses over 3 years. {Read more}
Smart Points:
• DST (Gujarat) + IBM = an MoU to establish & promote an AI Cluster at GIFT City
• DST (Gujarat) + Microsoft = an MoU to establish an AI Center of Excellence in GIFT City
https:// /#
• DST (Gujarat) + NASSCOM = an MoU to enhance AI capabilities in Gujarat
• IBM – to collaborate on developing AI curriculum for Gujarat’s schools & universities
- IBM, NVidia, AWS, TCS, and L&T Edutech will provide courses under this initiative
• Gujarat aims to train 25,000 students in deep technology courses over 3 years
• Gujarat: Capital – Gandhinagar | CM – Bhupendra Patel | Governor – Acharya Dev Vrat
• HQs of IBM – Nagpur, Maharashtra | Established in – 1948
• HQs of Microsoft – Washington, US | Chairman & CEO – Satya Nadella | Founded in – 1975
• HQs of NASSCOM – New Delhi | President – Debjani Ghosh | Chairman – Rajesh Nambiar
336. Madhya Pradesh and Rajasthan governments have signed an MoU for the implementation of the Rs 72,000 crore
“Parbati-Kalisindh-Chambal River Linking Project”. This link project proposes to provide drinking and industrial water in 13
districts of eastern Rajasthan, Malwa and Chambal regions of Madhya Pradesh apart from providing irrigation in a minimum
2.8 lakh hectare area each in both the states. The link project will help utilise the available water resources of the Chambal
basin optimally and economically. {Read more}
Smart Points:
• MP + Rajasthan = an MoU for implementation of Rs 72,000 Cr “Parbati-Kalisindh-Chambal River Linking Project”
• It proposes to provide drinking & industrial water in 13 districts of eastern Rajasthan, Malwa & Chambal regions of MP
- Also, irrigation in a minimum 2.8 lakh hectare area each in both states
337. During Prime Minister Narendra Modi’s two-day visit to Russia, India & Russia signed 9 MoUs and agreements in several
sectors, including trade, climate and research. Among the MoUs signed, India and Russia agreed on a program for bilateral
cooperation in trade, economic and investment spheres in the Russian Far East for the period 2024-2029. The two countries
also agreed on cooperation principles in the Arctic zone of the Russian Federation. A Joint Investment Promotion Framework
Agreement was also signed between Invest India and JSC ‘Management Company of Russian Direct Investment Fund’. A
memorandum of understanding (MoU) between the Trade Promotion Council of India and All Russia Public Organisation
‘Business Russia’ was also signed to promote bilateral trade and investment, organise B2B meetings, and business promotion
events. An MoU was signed between the Ministry of Environment, Forest and Climate Change and the Ministry of Economic
Development, Russia, on the issues of climate change and low-carbon development. An MoU was also signed between
India’s National Centre for Polar & Ocean Research, and Russia’s Arctic and Antarctic Research Institute on cooperation in
research and logistics in polar regions. A Cooperation Agreement was signed between the Indian International Arbitration
Centre and the International Commercial Arbitration Court at the Chamber of Commerce and Industry of the Russian
Federation. Prasar Bharati and ANO ‘TV-Novosti’ (Russia Today TV Channel) also signed an MoU on cooperation and
collaboration on broadcasting. {Read More}
Smart Points:
• India & Russia – signed 9 MoUs & agreements in several sectors
- Program for bilateral cooperation in trade, economic & investment spheres in Russian Far East for period 2024-2029
- Cooperation principles in Arctic zone of Russia
- Invest India + JSC ‘Management Company of Russian Direct Investment Fund’ = Joint Investment Promotion
Framework Agreement
https:// /#
- Indian International Arbitration Centre + International Commercial Arbitration Court at Chamber of Commerce &
Industry of Russian Federation = Cooperation Agreement
- Trade Promotion Council of India + Business Russia = to promote bilateral trade & investment, organise B2B
meetings, and business promotion events
- MoEFCC + Ministry of Economic Development (Russia) = Climate Change & Low-Carbon Development
- NCPOR + Arctic & Antarctic Research Institute (Russia) = Cooperation in research & logistics in polar regions
- Prasar Bharati + ANO ‘TV-Novosti’ (Russia) = Cooperation & collaboration on broadcasting
338. Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global
500 Company, has partnered with the Indian Olympic Association (IOA) as the official
Principal Partner for 4 years, starting from Paris Olympics 2024, through Los Angeles
Olympics 2028. As part of this collaboration, BPCL will launch series of campaigns designed
to support and uplift the Indian contingent heading to Paris Olympics. BPCL is the second
largest Indian Oil Marketing Company and one of the integrated energy companies in
India. With a focus on sustainable solutions, the company is developing an ecosystem and
a road-map to become a Net Zero Energy Company by 2040. {Read More}
Smart Points:
• BPCL – became official Principal Partner of IOA for 4 years (from Paris Olympics 2024 to Los Angeles Olympics 2028)
• BPCL – 2nd largest Indian Oil Marketing Company
• BPCL, a ‘Maharatna’ – developing an ecosystem & a road-map to become a Net Zero Energy Company by 2040
• HQs of BPCL – Mumbai, Maharashtra | Chairman & MD – G. Krishnakumar | Founded in – 1952
• HQs of IOA – New Delhi | President – P. T. Usha | CEO – Raghuram Iyer | Secretary General – Rajeev Mehta
339. Sports brand Puma India has announced its partnership with the Indian Olympic Association
(IOA) as their Official Footwear Partner for the Indian contingent to the 2024 Paris Olympics. The
company has also launched a large-scale outdoor campaign titled ‘See the Game Like We Do’ to
honor and celebrate the achievements of Indian athletes. The brand’s campaign features double
Olympic medalist PV Sindhu, Olympic bronze medalist and hockey goalkeeper PR Sreejesh and
Asian Games medalist Kishore Jena. 45 out of the over 100 Indian athletes across sporting
disciplines comprise the Puma contingent at the Paris Olympics, making the largest squad
representing a brand in the country this year. {Read More}
Smart Points:
• Puma India + IOA = Official Footwear Partner for Indian contingent to 2024 Paris Olympics
• Puma India – launched a large-scale outdoor campaign, ‘See the Game Like We Do’
• Campaign features – PV Sindhu, PR Sreejesh & Kishore Jena
• HQs of IOA – New Delhi | President – P. T. Usha | CEO – Raghuram Iyer | Secretary General – Rajeev Mehta
• HQs of Puma – Herzogenaurach, Germany | CEO – Arne Freundt
https:// /#
340. The National Informatics Centre (NIC) and the Spices Board have signed an MoU for a project focused on using artificial
intelligence tools to detect and classify large cardamom diseases in Sikkim. NIC, through its Centre of Excellence in Artificial
Intelligence (CoE-AI) in Kolkata, has developed a proof of concept for detecting diseases in cardamom leaves using AI-based
models. While, the Spices Board will provide images of both healthy and diseased large cardamom leaves to NIC. The
initiative aims to integrate AI solutions with e-governance applications to enhance efficiency and productivity in the
agricultural sector. {Read More}
Smart Points:
• NIC + Spices Board = an MoU for a project on using AI tools to detect & classify large cardamom diseases in Sikkim
• NIC – developed a proof of concept for detecting diseases in cardamom through its CoE-AI in Kolkata
• Aim – integrate AI solutions with e-governance applications to enhance efficiency & productivity in agricultural sector
• HQs of NIC – New Delhi | DG – Rajesh Gera | Established in – 1976
341. Mastercard and ClearTax have announced a partnership aimed at enhancing the Income Tax
Return (ITR) filing process for Indian consumers. This collaboration will combine Mastercard’s world-
class payment solutions with ClearTax’s streamlined tax filing services, resulting in a safe, convenient,
and rewarding experience for taxpayers. As part of this agreement, taxpayers who use Mastercard-
powered credit cards will be able to receive a unique 5% discount on ClearTax ITR Plans by entering
the promo code ‘CTBMASTER’ at checkout. This offer will be active until December 31, 2024. The Indian government enables
income tax payments via credit cards to provide citizens with more convenient taxpaying options and to promote digital
payments. Credit card payments also provide an electronic record, which makes tracking and referring tax payments simple.
Furthermore, cardholders can benefit from financial flexibility by completing their tax obligations even when cash reserves
are low. In June 2024, ClearTax also launched a user-centric solution to address modern investors’ needs by simplifying the
complex income tax return filing process with Tap Invest, a fixed-income investment platform. {Read More}
Smart Points:
• Mastercard + ClearTax = partnership to enhance ITR filing process for Indian consumers
• Taxpayers using Mastercard-powered credit cards – receive 5% discount on ClearTax ITR Plans
• By entering promo code – ‘CTBMASTER’ | Offer is active until – December 31, 2024
• ClearTax – launched a user-centric solution in June 2024 to address investors’ needs by simplifying complex ITR filing
process with Tap Invest
• HQs of ClearTax – New Delhi | CEO – Archit Gupta | Founded in – 2011
• HQs of Mastercard – New York, US | CEO – Michael Miebach | Founded in – 1966
342. The Assam Government signed an agreement with the Tata Group to lease over 170 acres of land to the company for
60 years at Jagiroad in Morigaon district for a Rs 27,000-crore semiconductor plant. The facility, to be built on the site of the
former Hindustan Paper Corporation Limited, is expected to create over 30,000 jobs, with the first phase set to be
operational by mid-2025. Around 15 billion chips will be packaged annually for customers globally. Prime Minister Narendra
Modi had virtually laid the foundation for the plant on 13 March 2024. The company will build the facility focusing on 3 key
platform technologies - wire bond, flip chip, and integrated systems packaging (ISP) technologies with plans for advanced
packaging technologies. The plant aims to meet growing global demands in artificial intelligence (AI), industrial, and
consumer electronics. Tata Group hopes that the commercial production of semiconductor chips at the two plants in Gujarat
and Assam will start in 2026. India’s first commercial fabrication plant is being set up by Tata Electronics in partnership with
its Taiwanese partner Powerchip Semiconductor Manufacturing Corporation (PSMC) at an estimated cost of Rs 91,000 crore
in Gujarat’s Dholera. {Read More}
https:// /#
Smart Points:
• Assam + Tata = agreement to lease 170 acres of land to company for 60 years at Jagiroad in Morigaon
• For – Rs 27,000 Cr semiconductor plant | At site of – former Hindustan Paper Corporation Ltd | 1st phase – 2025
• Around 15 billion chips will be packaged annually for customers globally
• Aim: To meet growing global demands in AI, industrial & consumer electronics
• Commercial production of semiconductor chips at two plants in Gujarat & Assam – expected to start in 2026
• Tata Electronics + PSMC = to set up India’s first commercial fabrication plant in Dholera | Outlay – Rs 91,000 Cr
• HQs of Tata Group – Mumbai, Maharashtra | Chairman – Natarajan Chandrasekaran
• Assam: Capital – Dispur | CM – Himanta Biswa Sarma | Governor – Gulab Chand Kataria
343. Google an MoU with real estate developer Anant Raj to offer cloud computing services and
data centre infrastructure to enterprises. Anant Raj Cloud will provide data center infrastructure,
DC managed services and a cloud platform to various public and private enterprises under this
collaboration and develop innovative technological solutions for potential customers. The real
estate company is currently developing 300 MW (IT load) data centres across 3 locations in Haryana
- Manesar, Rai and Panchkula, to meet the growing demand for data storage and processing capabilities. According to media
reports, India is the world’s 2nd fastest-growing digital economy, resulting in substantial development in the data centre
sector. Cloud expenditure is predicted to increase at a compound annual growth rate (CAGR) of 30%. {Read More}
Smart Points:
• Google + Anant Raj = an MoU to offer cloud computing services and data centre infrastructure to enterprises
• Anant Raj is currently developing 300 MW (IT load) data centres across 3 locations in Haryana - Manesar, Rai & Panchkula
• India is the world’s 2nd fastest-growing digital economy | Cloud expenditure is predicted to increase at a CAGR of 30%
• HQs of Google – California, US | CEO – Sundar Pichai | Founded in – 1998
• HQs of Anant Raj – New Delhi | CEO – Aman Sarin
344. India and Bhutan have approved 61 projects worth Rs 4,958 crore to be
implemented during the Himalayan country’s 13th five-year plan, for which India is
providing Rs 10,000 crore as development support. The projects, covering sectors such
as connectivity, infrastructure, energy, health, education, capacity building, industrial
parks, sports, digital economy, e-mobility and space technology, were approved during
the “3rd India-Bhutan Development Cooperation Talks”, co-chaired by foreign secretary
Vikram Misri and his Bhutanese counterpart Pema Choden in Thimphu. India had doubled its financial support for Bhutan’s
five-year plan in March 2024. The Bhutanese side presented “Project Tied Assistance” proposals and the 1st tranche of such
projects to be implemented during the 13th five-year plan. The two foreign secretaries virtually inaugurated 19 schools that
were built during the 12th five-year plan. The Bhutan government informed the Indian side about activities proposed to be
taken up under the ‘Economic Stimulus Programme (ESP)’. In line with a request from the Bhutan government, the Indian
side agreed to “positively consider frontloading the full amount” of Rs 1,500 crore for the ESP in the first one-and-half years,
subject to progress in implementing the proposals. {Read More}
Smart Points:
• India + Bhutan = approved 61 projects to be implemented during 13th FYP of Bhutan | Worth – Rs 4,958 Cr
• India – providing Rs 10,000 Cr as development support
• 3rd India-Bhutan Development Cooperation Talks – held in Thimphu | Co-chaired by – Vikram Misri & Pema Choden
https:// /#
• “Project Tied Assistance” proposals – 1st tranche of such projects to be implemented during 13th FYP of Bhutan
• India – agreed to “positively consider frontloading full amount” for ESP in first one-and-half years | Of – Rs 1,500 Cr
- ESP – Economic Stimulus Programme
• Bhutan – Thimphu – Bhutanese Ngultrum | PM – Tshering Tobgay | Monarch – Jigme Khesar Namgyel Wangchuck
345. National Film Development Corporation (NFDC), a public sector enterprise under the
aegis of the Ministry of Information and Broadcasting (MoIB), has partnered with Netflix
India to launch an upskilling program for voice-over artists in India, called “The Voicebox”.
The Voicebox program will offer Recognition of Prior Learning (RPL) training for voice-over
artists focusing on English, Hindi, Marathi, Bengali, Malayalam, Tamil, Telugu and Gujarati
languages. As part of the program, structured workshops will be conducted in seven major cities of India - New Delhi,
Mumbai, Kolkata, Ahmedabad, Hyderabad, Chennai, and Kochi. Pearl Academy, India’s leading design institute, will join as
a Training Partner for this program. Seven top participants from every batch will be chosen to contribute to Netflix’s special
project, “Azaadi ki Amrit Kahaniya”. This Voicebox program is sponsored by the Netflix Fund for Creative Equity, which has
dedicated $100 million a year over 5 years. {Read More}
Smart Points:
• NFDC + Netflix India = to launch an upskilling program for voice-over artists in India, called “The Voicebox”
• It will offer Recognition of Prior Learning (RPL) training for voice-over artists
- For languages – English, Hindi, Marathi, Bengali, Malayalam, Tamil, Telugu & Gujarati
• Structured workshops will be conducted in – New Delhi, Mumbai, Kolkata, Ahmedabad, Hyderabad, Chennai & Kochi
• Training Partner – Pearl Academy | Sponsored by – Netflix Fund for Creative Equity ($100 million a year for 5 years)
• Seven top participants from every batch – to be chosen to contribute to Netflix’s project, “Azaadi ki Amrit Kahaniya”
• HQs of NFDC – Mumbai, Maharashtra | MD – Prithul Kumar | Founded in – 1975
346. India and the United States (US) signed the 1st ever “Cultural Property Agreement (CPA)” to
prevent and curb the illicit trafficking of antiquities from India to the US, on the sidelines of the 46th
World Heritage Committee in New Delhi. With this agreement, India joins the ranks of 29 existing
US bilateral cultural property agreement partners. As many as 262 antiquities were handed over to
India by the US on the occasion of PM Modi’s visit in 2023. The CPA is aligned with the 1970 United
Nations Educational, Scientific and Cultural Organization (UNESCO) Convention on the Means of Prohibiting and Preventing
the Illicit Import, Export and Transfer of Ownership of Cultural Property, to which both countries are States party. A large
number of antiquities have been smuggled out of Bharat before the ratification of the 1970 UNESCO Convention, and they
are now housed in various museums, institutions and private collections across the world. India has repatriated 358
antiquities since 1976, out of these 345 have been retrieved since 2014. {Read More}
Smart Points:
• India + US = 1st ever “Cultural Property Agreement” to prevent & curb illicit trafficking of antiquities from India to US
• 46th World Heritage Committee – held in New Delhi
• India – joins ranks of 29 existing US bilateral cultural property agreement partners
• India – repatriated 358 antiquities since 1976 | Out of these, 345 – retrieved since 2014
https:// /#
347. The Bureau of Indian Standards (BIS) and Govind Ballabh Pant University of Agriculture and
Technology (GBPUAT) signed an MoU to facilitate the development of the first of its kind
‘Standardized Agriculture Demonstration Farm (SADF)’ in India. This MoU marks the 1st collaboration
between BIS and an agricultural university in the country to develop SADFs. The primary objective
of this MoU is to develop SADFs at GBPUAT in collaboration with BIS. These farms will serve as
experimental sites for testing and implementing various agricultural practices and new technologies in accordance with
Indian Standards. Further, this partnership with GBPUAT is a significant step towards promoting standardised agricultural
practices and ensuring the implementation of cutting-edge technologies to enhance agricultural productivity and
sustainability. {Read More}
Smart Points:
• BIS + GBPUAT = an MoU to facilitate development of first of its kind ‘Standardized Agriculture Demonstration Farm’ in
India
• They will serve as experimental sites for testing & implementing various agricultural practices & new technologies
• HQs of BIS – Manek Bhawan, Old Delhi | Director General – Pramod Kumar Tiwari
348. UPL University of Sustainable Technology, a leading initiative by UPL Group, has entered
into a significant partnership with the Space Application Centre (SAC) of the Indian Space
Research Organisation (ISRO) through an MoU for advanced research and innovation in
chemical sciences. This partnership is set to revolutionize research in chemical applications
within materials science and related fields. It would provide access to cutting-edge research
facilities, specialized expertise, and invaluable data resources to the faculty and students, and take the research to new
heights. In addition to ISRO, UPL University has established MoUs with national research organizations such as the ‘Council
of Scientific and Industrial Research (CSIR)’, including the ‘National Environmental Engineering Research Institute (NEERI)’,
the ‘Institute of Chemical Technology (ICT), Mumbai’, the ‘Gujarat Cleaner Production Centre (GCPC)’ and the ‘Gujarat
Environmental Management Institute (GEMI)’. These collaborations enhance the research capabilities in environmental
engineering, environmental stewardship, chemical sciences, sustainable technologies, and more, catering to the needs of
nearby industries. Internationally, partnerships with organizations like ‘Gexcon’ in Norway underscore UPL’s commitment
to advancing safety standards in the chemical industry. {Read More}
Smart Points:
• UPL University of Sustainable Technology + SAC (ISRO) = an MoU for advanced research & innovation in chemical
sciences
• UPL University has also established MoUs with national research organizations like CSIR, NEERI, ICT, GCPC & GEMI
349. IIT Kanpur and the National Power Training Institute (NPTI) have signed an MoU with an objective of enhancing the
research and training capabilities in the domain of cyber security for the power grid in India. The signing and exchange
ceremony took place at the C3iHub at IIT Kanpur. This partnership aims to prepare a Detailed Project Report (DPR) for
establishing an OT (Operations Technology) and SCADA (Supervisory Control and Data Acquisition System) Cyber Security
Lab at NPTI. Dr. Tripta Thakur is the Director General of NPTI and Prof Sandeep Shukla is the Project Director of C3iHub, IIT
Kanpur. {Read More}
Smart Points:
• IIT Kanpur + NPTI = an MoU to enhance research & training capabilities in the domain of cyber security
• Aim: To prepare a Detailed Project Report (DPR) for establishing an OT & SCADA Cyber Security Lab at NPTI
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• HQs of NPTI – Faridabad, Haryana | DG – Dr. Tripta Thakur
• Director of IIT Kanpur – Manindra Agrawal
350. India and the UK have unveiled a landmark ‘Technology Security Initiative (TSI)’ to elevate the strategic partnership
between the two countries to the next level. It sets out a bold new approach for collaboration in a range of ‘priority’ sectors
including telecom, critical minerals, semiconductors and artificial intelligence. The decision on the ‘UK-India TSI’ was made
public following wide-ranging talks between External Affairs Minister S Jaishankar and his visiting British counterpart David
Lammy. The TSI would also provide a framework for building a broad UK-India semiconductor partnership that will leverage
each other's strengths and incentives and explore mutually beneficial research and development as well as supply chain
resilience. {Read More}
Smart Points:
• India + UK = unveiled ‘Technology Security Initiative’ to elevate strategic partnership to the next level
• UK – London – Pound Sterling | PM – Keir Starmer | New King – King Charles lll
❖ Important Obituaries in July 2024:

• Pahalman Subba — 1st Lok Sabha MP from Sikkim
• Robert Towne (USA) — a Renowned Screenwriter (Academy Award or Oscar in 1975, BAFTA Award in 1975,
Golden Globe Award in 1975)
• Frank Duckworth — Co-inventor of DLS method
(Duckworth-Lewis method was devised by Duckworth & Tony Lewis to determine results in rain-affected cricket
matches.)
(They were awarded MBEs (Member of the Order of the British Empire) in 2010.)
• Aparna Vastarey — a Renowned Kannada Actor, Television Presenter & Radio Jockey
(She became the first presenter for AIR FM Rainbow.)
• Subhash Dandekar — Founder of stationery brand ‘Camlin’
(Lifetime Achievement Award from The Colours Society, Game Changers Award from Maharashtra)
• Dr MS Valiathan — Renowned Cardiac Surgeon & Founder of Sree Chitra Tirunal Institute for Medical Sciences &
Technology (Padma Shri in 2002, Padma Vibhushan in 2005)
(He was also the first Vice-Chancellor of Manipal Academy of Higher Education.)
• Kamala Pujari — a Renowned Organic Farmer (Padma Shri in 2019)
• Nguyen Phu Trong — Former President of Vietnam
• Francis D’Britto — a Renowned Marathi Litterateur, Environmentalist & Catholic Priest (Sahitya Akademi
Translation Prize in 2013)
(He founded the ‘Harit Vasai’ movement.)
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Important Books & Authors
“Echoes of Faith: Tales of Explorations, Nature and Divinity” Ashok Lavasa & Novel Lavasa
“Samayapuram - The Sacred Seat of Shakti” Vrinda Ramanan
“Kargil War: The Turning Point” Magod Basappa Ravindranath
“A Dictator Calls: The Mystery of the Stalin-Pasternak Telephone Call” Ismail Kadare
“Manoj Bajpayee: The Definitive Biography”
(Originally written in Hindi titled “Manoj Bajpayee: Kuch Paane Ki Zid” - translated Piyush Pandey
into English by Rachit Vats)
“Imperial Games in Tibet: The Struggle for Statehood and Sovereignty” Dilip Sinha
Important Days
National Doctor’s Day
(Theme - “Healing Hands, Caring Hearts.”)
76th National Chartered Accountants Day (ICAI founded in 1949)
July 1
GST Day (7th anniversary of the GST system in India)
National Postal Worker Day
(Theme - “Honoring the Backbone of Communication”)
World UFO Day (UFO - Unidentified Flying Objects)
July 2
World Sports Journalists Day
July 3 International Plastic Bag Free Day
International Day of Cooperatives
(Theme - “Cooperatives Building a Better Future for All”)
July 6
World Zoonosis Day
(Zoonosis - an infectious disease of humans caused by a pathogen)
UN Swahili Language Day
(Theme - “Kiswahili: Education and Culture of Peace”)
July 7
July 7 – Global Forgiveness Day
July 7 – World Chocolate Day
World Energy Independence Day
(Theme - “Embracing a Sustainable Future”)
July 10
Chronic Disease Awareness Day
National Fish Farmer’s Day
UN World Population Day
July 11 (Theme - “Leave No One Behind, Count Everyone.”)
UN International Day of Reflection and Commemoration of the 1995 Genocide in Srebrenica
UN International Malala Day (since 2013)
July 12 (The day honors Nobel Peace Prize recipient Malala Yousafzai.)
International Day of Combating Sand and Dust Storms
July 13 International Rock Day
World Youth Skills Day
July 15 (Theme - “Youth Skills for Peace and Development”)
Social Media Giving Day
World Snake Day
July 16
95th Foundation & Technology Day of ICAR
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43rd Foundation Day of NABARD
World Day for International Justice
July 17 (Theme - “Overcoming Barriers and Unleashing Opportunities for Social Justice”)
World Emoji Day
International Nelson Mandela Day
(Theme - “Combating Poverty and Inequality is in Our Hands”)
July 18
World Listening Day
(Theme - “Listening to the Weave of Time”)
World Chess Day
July 20
International Moon Day
Pi Approximation Day
National Flag Day
July 22
World Brain Day
(Theme - “Brain Health and Prevention”)
July 23 National Broadcasting Day
International Self Care Day
July 24
National Income Tax Day
World Drowning Prevention Day
(Theme - “Anyone can drown, No One should.”)
July 25
World Embryologist Day or World In Vitro Fertilization (IVF) Day
(The day celebrates birth of Louise Brown, the first test tube baby ever, in 1978.)
Kargil Vijay Diwas
July 26 (The day marks India’s victory over Pakistan in the Kargil War for ousting Pakistani Forces in 1999.)
9th World Mangrove Day - by UNESCO
World Hepatitis Day
July 27
(Theme - “It’s time for action – test, treat and vaccinate”)
World Nature Conservation Day
(Theme - “Connecting People and Plants, Exploring Digital Innovation in Wildlife Conservation.”)
July 28
World Day for Grandparents and Elderly
(Theme - “Do not Cast Me off in My Old Age”)
July 29 International Tiger Day
World Day Against Trafficking in Persons
July 30 (Theme - “Leave No Child Behind in the Fight Against Human Trafficking”)
International Friendship Day
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A GLIMPSE OF SOME GENUINE TESTIMONIALS
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A GLIMPSE OF SOME GENUINE TESTIMONIALS
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ippines – Manila – Peso | President – Ferdinand Marcos Jr
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7. Ministry of Home Affairs (MHA) is testing “eSakshya” (e-evidence), a

Banking, Finance, Insurance & Economic Affairs

72. India received $120 billion in remittances in 2023, supported by

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Science & Technology

185. Indian researchers at the Indian Institute of Astrophysics (IIA)

197. India’s ‘GROWTH India’ telescope, stationed at Ladakh, demonstrated its

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270. Ministry of Mines has launched a “Scheme for Partial Reimbursement of

• SIDBI’s ‘ABCD’ initiative stands for – Aaओ Bनाए Cलीन Diल्ली

Amount & Agreements

Ordinance, Bills & Acts

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