Current affairs One Liner: 01-August-2025

  1.  Cabinet has sanctioned ₹6,520 crore (including an additional ₹1,920 crore) for the ongoing Pradhan Mantri Kisan Sampada Yojana during 2021‑22 to 2025‑26.
  2. The Union Cabinet has approved a ₹2,000 crore grant‑in‑aid to the National Cooperative Development Corporation over four years from 2025‑26 to 2028‑29.
  3. Vice Admiral Krishna Swaminathan, AVSM, VSM took charge as Flag Officer Commanding‑in‑Chief of Western Naval Command on 31 July 2025.
  4. As of June 2025, Govt of India received ₹9,41,395 crore (26.9 % of BE) and spent ₹12,22,127 crore (24.1 % of BE) in FY 2025‑26.
  5. India and Morocco have signed an MLAT (Mutual Legal Assistance Treaty) to strengthen cooperation in legal and judicial fields, signed on 31 July 2025.
  6. Andhra Pradesh has approved a scheme offering US $600 million in incentives to boost electronic components manufacturing, including subsidised land, capital expenditure, and tax benefits.
  7. Germany’s development bank has extended €38 million in equity and debt financing to India’s CEF Group for constructing compressed biogas (CBG) plants under the SATAT initiative.
  8. The Uttar Pradesh government has launched a massive AI training initiative to upskill 1 million people each month in collaboration with Google, Microsoft and Intel, backed by a ₹10,700 crore investment.
  9. India’s gross GST collections surged to ₹1.96 lakh crore in July 2025, marking a 7.5 % year‑on‑year increase, supported by steady domestic demand and robust import taxes.
  10. Russia has surpassed the United States as India’s primary crude oil supplier since FY2022, and is now nearing parity with the US in supplying thermal coal.
  11. Growth in non-food credit to India’s industrial sector slowed to 5.5 % year‑on‑year in June 2025, highlighting a deceleration in bank lending.
  12. Fitch Ratings has revised India’s GDP growth estimate for FY2025-26 downward to 6.3 %, citing strong domestic demand and infrastructure spending that will cushion the impact of US tariffs.
  13. Central government capital expenditure in Q1 FY26 reached ₹2.75 trillion, accounting for 24.5 % of annual target, yet remained below Q1 levels of the pre‑election year FY25.
  14. India and the United Nations have inaugurated the UN‑India Global Capacity‑Building Initiative on 1 August 2025, aimed at sharing India’s development innovations through skills training, knowledge exchange and pilot projects to accelerate the SDGs across Global South nations.
  15. The central government has permitted the National Cooperative Development Corporation (NCDC) to undertake food irradiation projects to bolster food safety and shelf‑life under ongoing development schemes.
  16. From 10 December 2025, Australia’s government will require platforms like YouTube, Facebook, Instagram, TikTok, Snapchat, X and Reddit to prevent users under 16 from holding accounts, subject to fines up to AUD 49.5 million.
  17. Shah Rukh Khan has won his first National Film Award for Best Actor for ‘Jawan’, which he shares with Vikrant Massey, while ‘12th Fail’ is declared Best Feature Film.
  18. Author Kiran Desai returns to the Booker Prize 2025 longlist with her novel ‘The Loneliness of Sonia and Sunny’.
  19. World Lung Cancer Day, observed on 1 August, focuses on dispelling misconceptions about lung cancer and promoting early detection strategies.
  20. World Wide Web Day is observed on 1 August to commemorate the Web’s invention and to emphasize building an inclusive, safe, and open internet.
  21. Kiran Mani, CEO‑Digital at JioStar, has been appointed as the Chairman of IAMAI’s Digital Entertainment Committee for a two-year tenure.
  22. Sonali Mishra has been appointed as the first woman Director General of India’s Railway Protection Force (RPF).
  23. Pramiltai Medhe, ex‑Chief (Pramukh Sanchalika) of the Rashtra Sevika Samiti, passed away at the age of 97 in Nagpur.

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