Current affairs One Liner: 21-August-2025

  1.  UIDAI has introduced a new Aadhaar-based authentication framework for Cooperative Banks to enhance digital inclusion and last-mile banking services across India.
  2. The MISHTI scheme, launched on June 5, 2023, aims to restore and promote mangroves along India’s coastlines with plantation, restoration, and eco-tourism activities.
  3. The Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) has approved 278 units, released ₹1,726 crore in incentives, and generated 3.39 lakh jobs by June 2025.
  4. PM-Janjatiya Gram Utkarsh Abhiyan targets holistic development of tribal villages in aspirational blocks across 26 States and 4 UTs covering 63,643 villages by 2028-29.
  5. DEPwD, Nipman Foundation, and YLAC have launched the Breaking Barriers Fellowship to strengthen implementation of the Rights of Persons with Disabilities Act, 2016.
  6. IndiGrid is set to acquire a Rs 460 crore northeast transmission project from Tata Power-led TEECL to expand its infrastructure portfolio.
  7. India will require $467 billion climate finance by 2030 to decarbonise the power, industry, transport, and building sectors to meet its climate targets.
  8. Despite wind energy projects underperforming, CRISIL reports that the credit quality of firms in the sector remains stable.
  9. The Indian government has raised Rs 1.42 lakh crore through asset monetisation initiatives up to the fiscal year 2025.
  10. SBI’s economic research predicts India’s GDP growth at 6.3% for fiscal year 2026, lower than Reserve Bank of India’s forecast.
  11. RBI will conduct an overnight Variable Rate Reverse Repo (VRR) auction on Thursday to manage liquidity amid GST tax payment outflows.
  12. Retail inflation for farm and rural workers eased to between 0.77% and 1.01% in July, reflecting lower price pressures.
  13. Bank credit growth in India rose to 10.22% in August 2025, marking the highest increase in over three months.
  14. The Group of Ministers (GOM) recommends removing the 12% and 28% GST rates, proposing a simplified two-slab system of 5% and 18%.
  15. The Rajya Sabha passed The Promotion and Regulation of Online Gaming Bill to regulate online gaming, tackle addiction and money laundering risks, and promote safe e-sports and social gaming.
  16. The Indian Parliament passed a bill establishing the Indian Institute of Management (IIM) in Guwahati, aimed at enhancing higher education in northeastern India.
  17. Prime Minister Narendra Modi will inaugurate multiple development projects worth ₹18,000 crore in Bihar and West Bengal focusing on infrastructure and economic growth.
  18. India and the Eurasian Economic Union (EAEU) signed a pact to initiate negotiations for a Free Trade Agreement to boost trade and economic cooperation.
  19. China and Pakistan’s foreign ministers agreed to launch new projects under the China-Pakistan Economic Corridor to enhance bilateral economic cooperation.
  20. NATO plans to establish a logistics base in Sweden to enhance military supply capabilities in the Nordic region amid evolving strategic challenges.
  21. India achieved notable success by winning several medals at the U20 World Wrestling Championships 2025.
  22. Carlos Alcaraz and Iga Swiatek won the men’s and women’s titles respectively at the 2025 Cincinnati Open tennis tournament.
  23. A new book revisits the judicial impeachment controversy involving former Calcutta High Court judge Soumitra Sen and examines corruption issues.
  24. The International Day of Remembrance and Tribute to the Victims of Terrorism is observed annually on August 21 to honour victims worldwide.
  25. Hindustan Unilever has appointed former Hero MotoCorp executive Niranjan Gupta as its new Chief Financial Officer.

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