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📝 Revision Notes
Key takeaways from today’s quiz to strengthen your preparation
Digital Governance
RailOne Mobile Application
Launched by Ashwini Vaishnaw on July 2, 2025, RailOne consolidates multiple Indian Railways services with single sign-on, biometric authentication, and R-Wallet integration for seamless passenger experience.
Employment & Welfare
Employment Linked Incentive Scheme
The ELI Scheme has an outlay of ₹99,446 crore to generate 3.5 crore jobs in 2 years. Offers ₹15,000 for first-time employees and ₹3,000/month for employers via DBT.
Infrastructure
Tamil Nadu Highway Project
A ₹1,853 crore project to upgrade NH-87 into a 46.7 km four-lane highway under Hybrid Annuity Mode (HAM). Will improve Rameshwaram connectivity and create 18 lakh person-days employment.
State Schemes
Mukhya Mantri Pratigya Yojana
Bihar’s Mukhya Mantri Pratigya Yojana provides ₹6,000/month internship stipend to youth. Approved by Bihar Cabinet to boost employment opportunities ahead of 2025 Assembly elections.
International Trade
India-UAE Green Steel Cooperation
SAIL, NMDC, MECON are partnering with UAE for green steel and aluminium production under the India-UAE CEPA framework. A Joint Working Group oversees trade and energy security.
Digital Payments
UPI Transactions in June 2025
UPI recorded ₹24.04 lakh crore transaction value with 18.40 billion transactions in June 2025. Daily average stands at 613 million transactions across India, showing robust digital adoption.
Banking & Finance
New RBI Executive Director
Kesavan Ramachandran took over as RBI Executive Director on July 1, 2025. With 30+ years of experience, he heads the Prudential Regulation Division to strengthen the regulatory framework.
Defence
INS Udaygiri – Project 17A
INS Udaygiri was commissioned on July 1, 2025, under Project 17A in a record 37 months. Features advanced stealth technology and indigenous weapon systems for blue-water capabilities.
Startups & Economy
India’s Unicorn Count – Hurun 2025
India has 64 unicorns per Hurun Global Unicorn Index 2025, ranking 3rd globally after USA (758) and China (343). Bengaluru remains among the world’s top startup hubs.
Important Days
World Sports Journalists Day 2025
Observed on July 2 with theme “Championing Fair Play: Reporting with Integrity and Impact”. Honors ethical sports reporting and journalists’ role in promoting media freedom and fair play.
🎴 Revision Flashcards
Click each card to flip and test your recall
Tap to Reveal
Who launched the RailOne app?
Ashwini Vaishnaw
Railway Minister – July 2, 2025
Tap to Reveal
Total outlay of ELI Scheme?
₹99,446 crore
Target: 3.5 crore jobs in 2 years
Tap to Reveal
UPI transaction value in June 2025?
₹24.04 lakh crore
18.40 billion transactions
Tap to Reveal
INS Udaygiri belongs to which project?
Project 17A
Commissioned July 1, 2025 in 37 months
Tap to Reveal
How many unicorns does India have (Hurun 2025)?
64 unicorns
3rd globally after USA & China
Tap to Reveal
New RBI Executive Director (July 2025)?
Kesavan Ramachandran
Heads Prudential Regulation Division
Tap to Reveal
CPSEs in India-UAE green steel cooperation?
SAIL, NMDC, MECON
Under India-UAE CEPA framework
Tap to Reveal
Bihar scheme with ₹6,000/month internship stipend?
Mukhya Mantri Pratigya Yojana
Youth employment initiative
Think & Discuss
Can the ELI Scheme Bridge India’s Employment Gap?
Context from today’s quiz: The Employment Linked Incentive (ELI) Scheme has been approved with a massive outlay of ₹99,446 crore, aiming to generate 3.5 crore jobs in just 2 years. It offers incentives to both first-time employees (₹15,000) and employers (₹3,000/month) through Direct Benefit Transfer.
🤔 Your Perspective Matters
India faces a complex employment challenge with millions of youth entering the job market annually. While the ELI Scheme offers monetary incentives to boost formal employment, questions remain about sustainable job creation, quality of employment, and whether incentive-based models can address structural issues in the labor market.
Are employment-linked incentives the right approach to tackle India’s job crisis, or do we need deeper reforms in skill development and industry growth?
Are employment-linked incentives the right approach to tackle India’s job crisis, or do we need deeper reforms in skill development and industry growth?
- Should the government prioritize incentives for employers in specific sectors like manufacturing or services?
- How can we ensure that jobs created under such schemes are sustainable beyond the incentive period?
- What role should skill development and vocational training play alongside employment incentive schemes?
We’d love to hear your thoughts! Share your perspective in the comments.
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