Current Affairs - July 01, 2025 (For Competitive Exams)

This compilation provides key current affairs from July 1, 2025, relevant for competitive examinations in India, with an approximate word count of 500.

National News

  • Union Cabinet Approvals: The Union Cabinet approved several schemes, including the Employment Linked Incentive Scheme (ELI), a road project in Tamil Nadu, the Research Development and Innovation (RDI) Scheme (₹1 trillion corpus), and the National Sports Policy 2025. This policy aims to make India a global sporting powerhouse and a strong contender for the 2036 Olympics.
  • Digital India's 10th Anniversary: India celebrated a decade of the Digital India program, which began in 2015 to empower citizens through technology. The program has improved access to various services online and helped bridge the digital divide. India's digital economy now significantly contributes to national income, and the country ranks third globally in digitalization.
  • GoIStats Mobile App Launched: The National Sample Survey Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) launched the GoIStats mobile application on Statistics Day 2025 for user-friendly access to official data.
  • CBDT Chairman's Extension: Ravi Agrawal, Chairman of the CBDT, received a one-year extension until June 30, 2026.
  • Supreme Court's Reservation Policy: The Supreme Court introduced a reservation policy for its SC/ST staff for both direct appointments and promotions.
  • Kailash Mansarovar Yatra Resumes: The pilgrimage via Lipulekh Pass restarted on June 30, 2025, after a five-year suspension.
  • New Flowering Plant Species Discovered: Begonia nyishiorum, a new plant species, was found in Arunachal Pradesh and named after the Nyishi tribe.
  • Maharashtra Transport Operators Strike: Transport operators in Maharashtra went on an indefinite strike from July 1, 2025.

Economic and Financial News

  • June 2025 GST Collection Update: India's gross GST collections for June 2025 were ₹1.85 lakh crore, a 6.2% increase year-on-year but lower than the previous month. This represents the slowest growth in four years. Maharashtra and Karnataka were the top states for collections.
  • Indian Railways Fare Revision: Indian Railways implemented a marginal fare increase across various classes effective July 1, 2025, the first since 2020.
  • Tatkal Booking Requires Aadhaar OTP Verification: Aadhaar OTP verification became mandatory for Tatkal railway bookings via IRCTC from July 15 to help prevent misuse.
  • Major Banks Revise Fees: Several banks adjusted charges for services from July 1, 2025.
  • IMD Forecasts Above-Normal Monsoon: The India Meteorological Department (IMD) forecasts above-normal monsoon rainfall for July 2025.
  • State Bank of India Celebrates 70th Anniversary: SBI marked its 70th Foundation Day on July 1, 2025.

Important Days and Events (July 1, 2025)

  • National Doctor's Day (India): Observed to honor the medical profession and commemorate Dr. Bidhan Chandra Roy. The 2025 theme is "Behind the Mask: Who Heals the Healers?".
  • Chartered Accountants Day (India): Celebrates the founding of the Institute of Chartered Accountants of India (ICAI) on July 1, 1949.
  • GST Day: Commemorates the implementation of GST in India on July 1, 2017.

International Relations and News

  • Quad Foreign Ministers' Meeting: External Affairs Minister S. Jaishankar attended the Quad meeting in Washington D.C., emphasizing India's commitment to a free and open Indo-Pacific.
  • PM Modi's Five-Nation Tour: Prime Minister Narendra Modi began a five-nation tour on July 2, 2025, including visits to several countries.