*TODAYS TOP NEWS*
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1. Finance Minister Nirmala Sitharaman yesterday presented the first Budget of Narendra Modi Government’s third term. In Lok Sabha,
2. PM Modi has said that the Union Budget 2024-2025 is for Viksit Bharat which ensures inclusive growth.
3. The Finance Minister has announced several proposals for the housing sector. She said, Government will invest 10 lakh crore rupees under PM Awas Yojana Urban 2.0 to meet housing needs of one crore urban poor and middle-class families.
4. Andhra Pradesh Chief Minister N. Chandrababu Naidu thanked Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for recognising the needs of the state in the union budget. Special financial support of 15 thousand crore rupees for Andhra Pradesh in current financial year.
5. One crore farmers to be initiated into natural farming supported by certification and branding in next two years.
6. Budget carries an allocation of more than 3 lakh crore for schemes benefitting women and girls to promote women-led development.
7. India has made great progress in protecting forests. From 2010 to 2020, 266,000 hectares of new forest will be added each year. According to the Food and Agriculture Organization (FAO), this makes India the third country in the world in terms of forest area growth.
8. The Indian government has made a 100-day health plan that includes U-WIN, an online platform for managing vaccines that aims to increase the number of children in the country who get vaccinated.
*U-WIN* is a website that helps people keep track of immunization records for kids younger than six and women who are pregnant. Users sign up with a government ID (like Aadhaar) and a cellphone number, which lets the system keep track of their vaccination records.
9. The city of Aizawl in Mizoram will be the fourth capital in Northeast India to have train service by July 2025. Currently, Guwahati, Agartala, and Naharlagun are all connected to the railway network.
10. Chief Minister MK Stalin on Tuesday said Tamil Nadu has been completely ignored in the Union Budget and to condemn it, he said he will boycott the July 27 NITI Aayog meet in Delhi, which will be chaired by Prime Minister Narendra Modi.
11. West Bengal CM Mamata Banerjee says, each Durga Puja committee will receive Rs 85,000 from the state goverment this year. The grant for over 43,000 organizers is likely to cost the state exchequer over Rs 365.5 crore, up from Rs 280 crore when around 40,000 organizers had received this grant last year.
12. Telangana Chief Minister A. Revanth Reddy has requested the Centre to extend cooperation for the effective implementation of the prestigious Musi Riverfront Development project launched by the Telangana government.
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*LEGAL REPORT*
#Chief Justice of India:
Shri Dhananjaya Y. Chandrachud
#Minister Of Law & Justice : Arjun Ram Meghwal
#International Court Of Justice Prz. : Nawaf Salam
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1. The Supreme Court refuses to cancel NEET-UG 2024 examination; Says no evidence to suggest a systemic breach.
2. Supreme Court on Tuesday asked the National Testing Agency to revise its merit list by treating the answer suggested by a panel of three experts of IIT Delhi to a controversial physics question as the correct one.
The NTA had treated the two options as correct answers to the Physics question and had granted four marks to those examinees who had marked these options.
3. The Delhi high court on Tuesday directed X Corp and Google Inc to remove alleged objectionable social media posts against Indian Railway Personnel Service (IRPS) officer and Lok Sabha Speaker Om Birla’s daughter Anjali Birla.
4. The Centre has directed the Pune police to apprise it of the marital status of the parents of controversial IAS probationer Puja Khedkar amid allegations that she fraudulently availed of the OBC non-creamy layer benefit in the Union Public Service Commission (UPSC) exam by claiming that they were separated.
5. The Delhi high court on Tuesday transferred to the Central Bureau of Investigation (CBI) the case pertaining to the death of a 23-year-old man who was seen in a viral video being purportedly assaulted and forced to sing the national anthem during the communal riots here in 2020.
In a video clip that had gone viral on social media, Faizan, along with four other Muslim men, was seen being beaten up by policemen while being forced to sing the national anthem and ‘Vande Mataram’.
6. The MP-MLA court in Lucknow has declared former UP minister and Rashtriya Shoshit Samaj Party national president Swami Prasad Maurya, his daughter former BJP MP from Badaun Sanghamitra Maurya and three others as “proclaimed offenders” under CrPC Section 82 (4) in connection with the Deepak Kumar Swarnkar case.
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*FINANCE*
#Minister: Nirmala Sitharaman
#Commerce & Industry :
Piyush Goyal
#RBI Gvrnr: Shaktikanta Das
#President of the World Bank : Ajay Banga
#IMF MD: Kristalina Georgieva
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*USD* ₹ 84 (Approx)
💷 *GBP* ₹105(Approx)
€ *Euro* : ₹ 90(Approx)
*🇨🇳 Yuan ¥* : ₹ 12
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*GDP(PPP )* :
purchasing power parity (PPP)
*$13.119 trillion*
*GDP (nominal)*
: *$3.73 trillion*
(Nominal means total market value of all goods and services produced in a country’s economy) .
*GDP growth* : 8.4% (Q3 2023-24)
India is the fifth largest economy in the world.
*Inflation rate* : Retail Inflation 5.69% in Dec 2023
*Unemployment* : 10.09% (Oct2023)
*Per capita*: This income is also known as average income as it is calculated by dividing the total income of the country by the total population of the country.
*GDP per capita*
$2,845 (Nominal; 2024)
$9,983 (PPP; 2024)
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*BSE SENSEX*
*80,429.04 −73.04 (0.091%)*🔻
*NIFTY*
*24,479.05 −30.20 (0.12%)*🔻
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*Rates in Financial Capital Mumbai*
*GOLD* : ₹ 74,350/10gm (24 krt)
*SILVER* : ₹ 93,250/KG
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⛽ *FUEL in DELHI*
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*PETROL* : ₹ 95/Ltr
*DIESEL* : ₹ 88/Ltr
*CNG* : ₹ 74/Ltr
*LPG* : ₹ 803/14.2 Kg
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⛽ *FUEL in MUMBAI*
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*PETROL* : ₹ 104/Ltr
*DIESEL* : ₹ 93/Ltr
*Auto Gas* : ₹ 60/Ltr
*CNG* : ₹ 74/Kg
*LPG* : ₹ 803/14.2 Kg
1. Union Budget for 2024-25 presented by Finance Minister Nirmala Sitharaman in Parliament.
The Budget 2024-25 emphasizes inclusive growth with a focus on women, youth, and farmers. Total expenditure is projected at ₹48.21 lakh crore.
2. Key initiatives under the “Viksit Bharat” theme include developing twelve industrial parks, providing internships for 1 crore youth in top companies, promoting rental housing with dormitory-type accommodations for industrial workers, and setting up Bharat Small Reactors for energy security.
3. *Key Financial Details for 2024-25*
(a) *Total Receipts* (excluding borrowings): ₹32.07 lakh crore
(b) *Total Expenditure* : ₹48.21 lakh crore
(c) *Net Tax Receipts* : ₹25.83 lakh crore
(d) *Fiscal Deficit* : Estimated at 4.9% of GDP
4. *Expenditure on Major Items (in ₹ Crore)*
*Ministry of Road Transport and Highways* : 2,65,808
*Defence* : 6.22 lakh crore allocated to MoD, highest among Ministries, in Regular Union Budget 2024-25; 4.79% higher than FY 2023-24.
*Energy* : 1,51,851
*Agriculture and Allied Activities* : 1,51,851
*Home Affairs* : 1,50,983
*Education* : 1,25,638
*IT and Telecom* : 1,16,342
*Health* : 89,287
*Rural Development* : 68,769
*Social Welfare* : 56,501
*Commerce & Industry* : 47,559
*Railway* : 2,78,500 crore
5. Finance Minister announces provision of 2.66 lakh crore rupees for Rural Development.
6. Corporate Tax on foreign companies reduced from 40 to 35 per cent to attract foreign capital.
7. More than 3 lakh crore rupees allocated for women-led development schemes.
8. Government to invest 10 lakh crore rupees under PM Awas Yojana Urban 2.0 to meet housing needs of one crore urban poor and middle-class families.
9. In a relief to taxpayers, Standard Deduction for salaried employees increased from 50 thousand to 75 thousand rupees under new tax regime.
10. One crore farmers to be initiated into natural farming over next two years. The Government to launch Pradhan Mantri Janjatiya Unnat Gram Abhiyan to benefit tribal communities.
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*ENTERTAINMENT NEWS*
#Information and Broadcasting Minister:
Ashwini Vaishnaw
#Chairman of The Film and Television Institute of India (FTII) :
R Madhavan
#Chairman of Central Board of Film Certification (CBFC): Prasoon Joshi
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The iconic anime film ‘Ramayana: The Legend of Prince Rama’ is set to return to the big screen in 2024, remastered in stunning 4K resolution. This beloved adaptation of the ancient Indian epic will be reintroduced to a new generation of audiences in Indian cinemas, bringing the timeless tale to life with enhanced visual clarity and sound.
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*DEFENCE*
#Supreme Commander of Armed Forces: The President
#Def Minister: Rajnath Singh
#Def Minister of State :–
#Union Home : Amit Shah
#National Security Advisor : Ajit Doval
#Chief of Defence Staff:
Gen Anil Chauhan, PVSM UYSM AVSM SM VSM
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1. Defence gets Rs 6.21 lakh cr, 4.79% hike from previous allocation.
Defence Minister Rajnath Singh said Rs 1,05,518 crore (Rs 1.05 lakh crore) has been earmarked for domestic capital procurement and it will provide further impetus to self-reliance in defence production.
On the capital outlay, the defence ministry said Rs 92,088 crore has been set aside for sustenance and operational readiness.
2. *GRSE AND MERLINHAWK AEROSPACE PARTNER TO DEVELOP COUNTER-UAV SOLUTION FOR INDIAN NAVY* : Garden Reach Shipbuilders and Engineers (GRSE) Ltd on Monday said that it has signed an MoU with Bangalore-based Merlinhawk Aerospace Pvt Ltd for developing a counter-Unmanned Aerial Vehicle (UAV) solution using Electro-Optical Fire Control System (EOFCS) with Close Range Naval 91-gun and an Electro-Optical Infra-Red Search and Track (EOIRST) System.
3. Farnborough: In a latest collaboration, Tata Advanced Systems Limited (TASL) and Airbus Helicopters have formalised a contract to establish the H125 Final Assembly Line (FAL) in India.
The FAL will be the first instance of the private sector setting up a helicopter assembly facility here in India, which will be responsible for the production of Airbus’ best-selling H125 helicopter from its civil range for India and the neighbouring countries.
4. A soldier was killed as the Army thwarted an infiltration bid by terrorists along the Line of Control in Jammu and Kashmir’s Poonch district early Tuesday.
5. Lt Gen Michael AJ Fernandes, Commandant of the Officers Training Academy (OTA) in Chennai, recently addressed participants of the ‘Young Leaders Course’ at the academy’s Young Leaders Training Wing. This special course, targeting Junior Commissioned Officers (JCOs) and soldiers from the Indian Army, Assam Rifles, and Territorial Army, is designed to groom and develop their personalities over a 14-week period, aligning with their career aspirations.
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“”””””””””””””””””””””””””””””””””””””””
*In Bharat there are 28 states and 8 Union territories.*
*Population* : 143.86 cr
(17.7% of the total world population).
*President of Bharat* ,
Smt Droupadi Murmu
*Vice President*
Shri Jagdeep Dhankhar
*Prime Minister* : Shri Narendra Modi
*Speaker Lok Sabha* : Sri Om Birla
*Minister of Parliamentary affairs* : Kiren Rijiju
*Rajyasabha Seats* : 245 (233 Elected + 12 Nominated)
*Loksabha* : 550 members (530 States 20 Union Territories)
*Chief Election Commissioner:*
Shri Rajiv Kumar
24 Jul (Wednesday)*
*Vedic Ritu/* Vasant Ritu
*Drik Ritu* : Grishma (Summer)
पक्ष :: *Krishnapaksh*
*Vikram Samvat – 2081*
*Shaka Samvat – 1946*
*Month* : Shravan 3, (Purnimanta)
Ashadha 19 (Amanta)
*Nakshatra* :Shatabhisha (up to 6:14 pm)
Purva Bhadrapada
*Tithi :* Tritiya (up to 7:30 am)Chaturthi/
Panchami
*Rahu* : 12:33 PM – 02:12 PM
*Yamaganda*: 07:36 AM – 09:15 AM
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Ms. Pooja, |
