National News

JJM

• According to the Government , 11 crore 75 lakh tap water connections have been provided to rural households under Jal Jeevan Mission (JJM): Har Ghar Jal in the last five years.
• An online JJM: Water Quality Management Information System (WQMIS) portal has also been developed to enable States and Union Territories to test water samples for water quality.

About JJM

DIGIPIN

• The Department of Posts collaborated with IIT Hyderabad for developing a National Addressing Grid, named as Digital Postal Index Number (DIGIPIN), to establish a standardised, geo-coded addressing system in India.

Statement of Intent between NITI Aayog and WIPO

• NITI Aayog and the World Intellectual Property Organization (WIPO) signed a Statement of Intent, for building joint programs towards Innovation, Entrepreneurship and Intellectual Property (IP) for countries in the Global South, in New Delhi.

About NITI Aayog

Economy

Major Highlights of Economic Survey 2023-24

• Survey projected a real Gross Domestic Product (GDP) growth of 6.5 to 7% in Financial Year 2024-25.
• The survey states that the country’s real GDP grew by 8.2 per cent in the financial year 2024.
• Reserve Bank of India expects headline inflation to be 4.5% in financial year 2025 and 4.1 per cent in 2026.
• India’s fiscal deficit has been brought down from 6.4 percent of GDP in Financial Year 2023 to 5.6 percent of GDP in Fiscal Year 2024 and expected to drop to 4.5 percent of GDP or lower by the financial year 2026.
• The Indian Economy needs to generate nearly 78.5 lakh jobs annually in the non-farm sector until 2030 to cater to the rising workforce.
• An estimated 13.5 crore Indians escaped multidimensional poverty between 2015-16 and 2019-21.

Economic Survey

Science and Tech

UNAIDS Report

• A Joint United Nations Programme on HIV/AIDS (UNAIDS) report highlighted that 40 million people were living with the HIV virus that causes AIDS last year, over 9 million weren't getting any treatment, resulting in death of someone every minute because of AIDS-related causes.

About UNAIDS

Air breathing propulsion technology

• The Indian Space Research Organisation (ISRO) successfully carried out a second experimental flight for the demonstration of air breathing propulsion technology from Satish Dhawan Space Centre, Sriharikota.About ISRO

Awards and Honours

Olympic Order

• The International Olympic Committee (IOC) Executive Board announced to award Abhinav Bindra with the Olympic Order for his outstanding services to the Olympic Movement.

IOC

Person in News

KVS Manian

• The Reserve Bank of India (RBI) has approved the appointment of KVS Manian as the MD and CEO of Federal Bank for a term of three years.

About RBI

Chandra Shekhar Azad

• Prime Minister Narendra Modi wished renowned freedom fighter and revolutionary Chandra Shekhar Azad on his birth anniversary on 23rd July.

About Chandra Shekhar Azad

Important Days

National Broadcasting Day

• Every year on July 23rd, India celebrates National Broadcasting Day, to commemorate the birth of organised radio broadcasting in the country.