Current affairs One Liner: 19-August-2025
- The Cabinet Committee on Economic Affairs approved the Airports Authority of India’s proposal to develop a Green Field Airport in Kota-Bundi, Rajasthan, with an investment of Rs. 1507 crore.
- The Ministry of Cooperation is advancing the integration of Primary Agricultural Credit Societies (PACS) with PM-KISAN and other central schemes, positioning PACS as local service delivery hubs for farmers.
- The Government of India approved the Production Linked Incentive (PLI) scheme for Advanced Chemistry Cell (ACC) battery storage in May 2021, aiming to enhance indigenous production and reduce import dependence with an outlay of Rs. 18,100 crore.
- The Government of India has approved Vibrant Villages Programme-I (VVP-I) and Vibrant Villages Programme-II (VVP-II) for the comprehensive development of select strategic villages along international borders across various states and union territories.
- The Ministry of Rural Development reported the ongoing progress of PMAY-G, aiming to provide pucca houses to eligible rural households, with 2 crore additional houses approved for construction during FY 2024-25 to 2028-29.
- Reliance Infrastructure received a Letter of Award from NHPC for a 390 MW interstate transmission system-connected solar power project coupled with a 780 MWhr battery energy storage system, enhancing its clean energy portfolio.
- FedEx India and IIT Madras have partnered to launch the Smart Centre for Logistics Innovation aimed at fostering research and development in logistics and supply chain technologies.
- Indian Oil Corporation and Air India have entered into a Memorandum of Understanding to supply sustainable aviation fuel (SAF) to reduce the carbon footprint of Indian aviation.
- SAEL Industries signed power purchase agreements (PPAs) to develop 880 MW solar power capacity in the states of Gujarat and Punjab.
- NBCC forecasts its revenue to double to approximately Rs 25,000 crore by fiscal year 2027-28, driven by an increasing project pipeline and strategic initiatives.
- Non-Banking Financial Companies (NBFCs) in India raised $3.67 billion through overseas syndicated loans in 2025, more than doubling amounts raised in 2024.
- Indian banks sanctioned Rs 62,791 crore loans to 2.75 lakh beneficiaries under the Stand-Up India Scheme focused on promoting entrepreneurship among SC/ST and women entrepreneurs.
- ICRA projects India’s GDP growth rate at 6.7% for Q1 2025-26, driven by higher government capital expenditure and robust export performance.
- The central government’s debt-to-GDP ratio moderated from 61.38% in 2020-21 to 57% in 2023-24, while interest payments as a percentage of revenue receipts increased to 35.72% in 2023-24, according to the CAG report.
- The Finance Ministry stated that India’s economy needs to grow at around 8% per annum over the next decade to become a developed nation by 2047, amidst geopolitical challenges and global uncertainties.
- The Uttar Pradesh government is promoting the development of Artificial Intelligence data centres and expanding IT parks to create employment and strengthen the state’s technology ecosystem.
- The Jan Vishwas (Amendment) Bill, 2025 was introduced in Lok Sabha to further simplify laws, reduce regulatory burdens, and promote ease of doing business in India.
- Lok Sabha passed the Bill for establishing an Indian Institute of Management (IIM) in Guwahati to enhance management education in Northeast India.
- Dubai introduced an AI-powered passenger corridor enabling rapid immigration clearance in seconds, enhancing airport efficiency and passenger experience.
- Ukraine reportedly offered former US President Donald Trump a $100 billion arms package and $50 billion drone deal to secure US security guarantees amid the ongoing conflict with Russia.
- Indian badminton player Devika Sihag clinched the women’s singles title at the Malaysia International 2025 tournament, showcasing India’s rising prowess in badminton.
- The Chief Minister of Bihar unveiled the official trophy and mascot for the upcoming Men’s Hockey Asia Cup to be held in Patna, promoting regional sports enthusiasm.
- World Humanitarian Day 2025 honours humanitarian workers’ courage and dedication and raises awareness about global humanitarian challenges.
- A list of India’s top 10 most valuable family-owned businesses in 2025 highlights conglomerates across sectors like steel, pharmaceuticals, textiles, and FMCG driving the nation’s economy.
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