01.07.25 Current Affairs

  • The southwest monsoon covered India nine days ahead of schedule.
  • PM Modi inaugurated three major infrastructure projects in Uttar Pradesh.
  • The Supreme Court sought the Centre’s stand on legalising same-sex marriage.
  • Delhi is planning its first-ever artificial rain via cloud seeding to fight pollution.
  • Bihar became India’s first state to roll out a mobile-based e-voting system for local body elections via the E-SECBHR app.
  • The app uses blockchain technology and facial recognition to ensure secure, tamper-proof remote voting.
  • This system aims to increase voting by elderly, disabled, or remote voters and could inspire wider digital electoral reforms.
  • Assam witnessed fresh floods, displacing thousands due to heavy rain.
  • Odisha reported a passenger train derailment with no casualties.
  • The Delhi government imposed fines for open garbage burning.
  • Supreme Court stayed the demolition of unauthorized colonies in Delhi.
  • Punjab farmers resumed protests demanding pending sugarcane dues.
  • Health Ministry flagged a rise in dengue cases in urban areas.
  • Heatwave alerts were issued for parts of Rajasthan and Madhya Pradesh.
  • CBI raided several locations linked to an alleged ₹200 crore bank fraud.
  • The ECI began delisting 345 inactive Registered Unrecognised Political Parties (RUPPs).
  • Model Rules were notified to ease tree felling for agroforestry on farmlands.
  • India’s forex reserves rose by over $1 billion last week.
  • India’s services PMI hit a 13-year high showing robust economic growth.
  • Sensex closed higher for the third straight session, driven by banking stocks.
  • Fuel prices remained unchanged amid global crude fluctuations.
  • India’s external debt stood at $624 billion by March-end 2025.
  • Remittances to India rose 14% to $135.46 billion in FY25.
  • Remittances now cover 47% of India’s merchandise trade deficit.
  • Karnataka launched a new startup policy to attract tech investment.
  • GST Council will meet soon to discuss bringing petrol and diesel under GST.
  • India Energy Stack announced as a digital platform for the entire power sector.
  • ISRO announced plans to launch Chandrayaan-3 soon.
  • Delhi’s artificial rain project uses cloud seeding with IIT Kanpur’s help.
  • Synthetic Human Genome (SynHG) Project aims to create synthetic DNA.
  • James Webb Telescope discovered its first exoplanet, TWA 7b.
  • Revised guidelines issued under the National Bioenergy Programme to boost biogas and biomass use.
  • Rules for ‘Waste to Energy’ and ‘Biomass’ projects were simplified for MSMEs.
  • Agroforestry model rules target ease of permission for farmers growing trees with crops.
  • Secondary pollutants contribute nearly one-third of India’s PM2.5 air pollution.
  • Dhole (Asiatic wild dog) spotted again in Assam’s Kaziranga-Karbi Anglong region.
  • Ecologist Madhav Gadgil urged putting forest communities at the centre of Western Ghats conservation to fix poor governance and non-implementation of Forest Rights.
  • Western Ghats are home to 7,400+ species with high endemism, regulating monsoons and originating major rivers like Godavari, Krishna, and Kaveri.
  • Formation of the Ghats linked to Precambrian uplift, Deccan Trap volcanism, and escarpment faulting along the Indian plate’s drift.
  • Issues like flawed forest data, industrial pollution, monoculture plantations, pesticide use, and unsustainable forest fires continue to threaten the Ghats.
  • Committees like the Gadgil Panel (WGEEP) and Kasturirangan Committee gave conflicting recommendations — from community-led ESA zones to diluted ESA coverage.
  • Revised guidelines under the National Bioenergy Programme Phase-I support flexible biomass project approvals, performance-based subsidies, and IoT monitoring for transparency.
  • The new biomass norms make it easier for small pellet and briquette producers to contribute to stubble management and rural waste-to-energy initiatives.
  • Sariska Tiger Reserve’s proposed boundary change faces backlash as it could allow marble and limestone mines to reopen, threatening tiger habitat recovery.
  • Sariska was the first reserve to reintroduce tigers after local extinction in 2004 — its tiger population has now rebounded to 48.
  • UN reports highlighted India’s sharp decline in maternal and child mortality rates.
  • Zero-dose children percentage dropped from 0.11% to 0.06% in one year.
  • India maintained a polio-free status through National Immunization Days.
  • Universal Immunization Programme now covers 12 vaccine-preventable diseases.
  • Mission Indradhanush and VHNDs continue to strengthen grassroots immunisation.
  • The Prime Minister visited Cyprus, marking the first Indian PM visit in 23 years.
  • India signed a defence cooperation pact with Vietnam to strengthen maritime ties.
  • Minister of State for Defence attended Madagascar’s 65th Independence Day.
  • Pakistan’s new budget includes higher defence spending amid economic stress.
  • The Hong Kong Convention (HKC) by IMO regulates safe recycling of end-of-life ships to prevent worker hazards and marine pollution.
  • HKC mandates an Inventory of Hazardous Materials (IHM) onboard ships and certified recycling yards with strict Ship Recycling Plans.
  • The treaty encourages India’s ship recycling yards to get globally recognised, aligning with environmental safeguards and blue economy norms.
  • National Turmeric Board HQ inaugurated in Telangana to boost turmeric exports.
  • India remains the world’s largest turmeric producer with 70% global share.
  • Kolhapuri Chappals gained attention after a global brand used their design.
  • Researchers confirmed that botrytis fungi can’t be cloned due to multi-nuclei chromosomes.
  • Madagascar’s link with the Indian Monsoon is highlighted by the Mascarene High.
  • The India Energy Stack (IES) is a Digital Public Infrastructure that aims to modernise India’s entire power sector through secure, real-time data flow.
  • IES includes unique digital IDs for energy assets, consent-based data sharing, and open APIs for third-party energy tech solutions.
  • Pilot projects for IES will run in Delhi, Gujarat, and Mumbai, with a national rollout planned based on feedback and scale.
  • Expected outcomes include improved grid resilience, better renewable integration, and consumer empowerment like UPI did for banking.
  • June 29 marked the 19th National Statistics Day, celebrating the legacy of Prof. P.C. Mahalanobis, India’s ‘Father of Statistics’.
  • The day highlighted 75 years of the National Sample Survey (NSS) which drives socio-economic data for policy, covering consumption, employment, health, and agriculture.
  • Mahalanobis founded the ISI Kolkata and pioneered the Mahalanobis Distance — a key multivariate statistical tool still used globally.
  • His planning vision shaped India’s Second Five-Year Plan, focusing on heavy industry, and laid foundations for scientific sampling in governance.
  • The Early Harappan burial at Lakhapar village, Gujarat, suggests cultural links between Harappans and Chalcolithic Saurashtra communities.
  • Findings like pre-Prabhas pottery and sandstone structures point to advanced habitation and cross-regional trade during 3300–2600 BCE.
  • The site complements other Early Harappan cemeteries like Juna Khatiya, expanding knowledge of Gujarat’s proto-urban past.
  • The National Turmeric Board headquarters was inaugurated in Telangana, the ‘Turmeric Capital of India’, after decades of farmer demand.
  • The Board will coordinate value addition, branding, export infrastructure, and research to push India’s turmeric exports to USD 1 billion by 2030.
  • India produces over 75% of global turmeric, with major growers like Maharashtra, Telangana, Tamil Nadu, Andhra Pradesh, and Meghalaya.
  • Sariska’s location in the Aravalli Hills makes it a vital link in the Northern Aravalli Leopard and Wildlife Corridor.
  • The Ghats’ location across six states and role in trapping monsoon winds make them key in India’s physiography for map-based prelims questions.

Special Intensive Revision (SIR)

Context: The Election Commission (EC) has issued a clarification to ease the documentation burden for voters during Bihar’s Special Intensive Revision (SIR) of electoral rolls, amid political debate over possible voter exclusions.

Key Highlights:

  • Bihar’s SIR covers nearly 7.9 crore voters, requiring verification of voter details with extra birth proof for those born after 1987.
  • The EC has now uploaded the 2003 electoral rolls (with 4.96 crore electors) online and offline to help people check old records easily.
  • Major relaxation: If a voter’s parent’s name appears in the 2003 rolls, the voter does not need to submit separate parental birth proofs — an extract from the roll will suffice.
  • This eases the process for around 60% of Bihar’s electorate, who can verify family linkage directly using the old list and only need to submit their own documents.
  • Voters not listed in 2003 must still provide approved documents to prove eligibility, and fill an additional declaration form.
  • Booth-level officers have been instructed to provide hard copies of the 2003 list to local voters and keep it available on the EC website.
  • The clarification comes amid opposition concerns that the SIR could lead to large-scale disenfranchisement if verification rules were too strict.

Index of Industrial Production (IIP)

Context: India’s Index of Industrial Production (IIP) growth dropped to a nine-month low of 1.2% in May, reflecting a broad-based slowdown in mining, electricity, primary goods, and consumer goods sectors.

Key Highlights:

  • Overall IIP growth fell sharply to 1.2% in May, down from stronger levels in previous months.
  • Manufacturing sector growth almost halved to 2.6%, compared to its pace last May.
  • Electricity output contracted by 5.8%, a significant drop from 13.7% growth a year ago, dragging overall IIP down.
  • The mining sector and primary goods output both showed contraction, worsening the industrial slowdown.
  • Weakness in consumer goods production signals tepid demand, raising concern about domestic consumption recovery.
  • This slowdown could affect overall GDP momentum, with analysts watching if the trend persists in the monsoon and festival quarters.

New climate-monitoring satellite, GOSAT-GW

Context: Japan has successfully launched a new climate-monitoring satellite, GOSAT-GW, on the final flight of its trusted H-2A rocket, which will now be replaced by newer, more cost-competitive launch systems to strengthen Japan’s position in the global satellite market.

Key Highlights:

  • The H-2A rocket lifted off from Tanegashima Space Centre, placing the Global Observing Satellite for Greenhouse Gases and Water Cycle (GOSAT-GW) into orbit to track carbon, methane, sea surface temperature, and precipitation with high resolution.
  • GOSAT-GW is the third in Japan’s series of satellites dedicated to greenhouse gas monitoring, and will share critical climate data with international agencies like the U.S. NOAA.
  • This launch marks the 50th and final mission for the H-2A, which first flew in 2001 and had a 98% success rate, with only one failure in 2003.
  • Notable missions include the SLIM moon lander and Hayabusa2 asteroid probe, showing Japan’s strong record in planetary exploration.
  • The H-2A will be fully replaced by the new H3 rocket, co-developed by Mitsubishi Heavy Industries and JAXA.
  • The H3 aims to carry larger payloads at half the cost of the H-2A to compete better in the commercial launch market; it has now completed four successful flights since overcoming a failed debut in 2023.
  • Japan is also developing the smaller Epsilon rocket system for lighter payloads, expanding its launch options to cover varied commercial customer needs.
  • Japan’s stable and cost-competitive launch capability is seen as critical for climate monitoring, space science, and national security.

Goods and Services Tax (GST) completes eight years

Context: As India’s Goods and Services Tax (GST) completes eight years on July 1, tax experts have called for next-phase reforms (GST 2.0) to make the indirect tax regime simpler, broader-based, and more efficient.

Key Highlights:

  • GST replaced multiple state and central taxes in 2017, removing inter-state tax differences and simplifying compliance for businesses.
  • Experts agree GST is more uniform than the earlier regime but stress that further rationalisation and simplification are overdue.
  • One key reform: Bring petroleum products — petrol, diesel, natural gas — under GST, which is legally possible but needs the GST Council’s nod.
  • Excluding fuel causes tax cascading, pushes up industry costs (especially transport, oil & gas), and hurts cash flows.
  • Another priority: Reduce GST’s multiple tax slabs — currently five main rates (0%, 5%, 12%, 18%, 28%) plus special rates on gold and precious metals — to improve compliance and predictability.
  • Experts also urge fewer input tax credit restrictions and more efficient audits and investigations to cut unnecessary litigation.
  • India’s GST faces huge pending disputes partly due to the delay in setting up the GST Appellate Tribunal (GSTAT) — a missing link in speedy resolution.
  • The government has taken steps towards rate rationalisation and compliance automation, but procedural complexity and high-value disputes remain a hurdle.

Financial Stability Report (FSR)

Context: In its latest Financial Stability Report (FSR), the RBI says India continues to be a major global growth driver despite global economic headwinds, thanks to resilient fundamentals, healthy financial institutions, and prudent macro policies.

Key Highlights:

  • The RBI Governor noted India’s growth momentum is driven by strong domestic demand, robust macro fundamentals, and policy stability.
  • The inflation outlook is benign, with greater confidence that price levels will stay aligned with RBI’s targets.
  • India’s financial system is resilient, supported by healthy capital buffers, low NPAs, and strong profitability in banks and NBFCs.
  • Stress tests confirm that banks and NBFCs will remain well-capitalised even under adverse economic shocks.
  • Corporate balance sheets are stronger post-pandemic, adding to macro stability and credit growth potential.
  • Monetary policy remains accommodative with low market volatility, keeping financial conditions supportive for growth.
  • The RBI flagged geopolitical tensions, capital outflows, and trade disruptions as immediate risks to stability.
  • Rising global public debt is a major concern amid global economic uncertainty, which could spill over to emerging markets like India.

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