Loading...
| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102215) | |
1531. India-UK FTA: Zero duty to boost India's generic drug, medical device exports to Britain
- On 24 July,2025, India and the United Kingdom signed a Free Trade Agreement in London, in the presence of PM and UK PM Keir Starmer. The deal enables zero-duty exports for Indian generic medicines and medical devices, creating new opportunities for Indian exporters in the UK market.
- The zero tariff policy will lower export costs for Indian pharma and medical device companies, making products like ECG machines, surgical tools, and X-ray systems more competitive in the UK. Given the UK's shift from Chinese imports, Indian suppliers are now positioned as cost-effective, preferred alternatives.
- Although pharmaceuticals hold only 0.6% of India’s tariff lines, the industry has strategic value, exporting to over 200 countries and making up 20% of global generic supply. With the current $11 billion medical device market projected to reach $50 billion by 2030, the FTA enhances India’s global export potential.
Click here to find 1469 similar incidents of Bharat Economic Growth -> Bharat Economic Growth
1532. Centre approves ₹117-crore push for border villages in Himachal under Vibrant Villages Programme-II
- On 23 July, 2025, It was reported that, The central government has selected 75 villages in Himachal Pradesh bordering China under the Vibrant Villages Programme-II, aiming to improve infrastructure and living standards. These are part of a broader strategy to develop sensitive border regions and reduce outward migration from such remote
- A total of ₹117 crore has been approved for 113 projects, which include community halls, internal roads, sewage treatment, solar lighting, and tourism and skill development. These initiatives are designed to improve daily life and economic opportunities for border villagers.
- Vibrant Villages Programme-I was launched on 15 February 2023 for villages along India’s northern border in states like Arunachal Pradesh, Himachal, and Ladakh. It aims to counter border insecurity by developing frontier villages and enhancing the sense of inclusion and presence of governance.
1533. Indian Railways spent ₹60,466 crore in passenger subsidy in FY24
- The Indian Railways provisionally incurred a subsidy of ₹60,466 crore in the financial year 2023–24, covering 45 per cent of the cost of passenger travel, the Union government informed the Lok Sabha on 23 july 2025.
- “The increase in fares is very low, ranging from half paise per km to two paise per km for premium classes,” he said.
- Minister, said Indian Railways offers transportation services to over 720 crore passengers annually and that fares remain among the lowest globally, including in comparison with neighbouring countries.
Click here to find 447 similar incidents of Government Initiatives for Citizens -> Citizen
1534. Centre and Delhi govt unveils ₹27,000-crore plan to decongest capital with 128km
- On July 24, 2025, The Centre and Delhi government are working together on a massive ₹27,000 crore project to build a 128 km road network. This is being done to reduce traffic jams and make daily commutes smoother for people in the capital.
- Faster Travel, Less Pollution By improving road connectivity and reducing congestion, the plan also aims to cut down on vehicle emissions, helping Delhi breathe a little easier.
- This project shows rare coordination between the central and state governments, reflecting a shared commitment to solving Delhi’s long standing traffic and pollution problems.
Click here to find 427 similar incidents of Make in India / Atmanirbhar -> Roads and Highways
1535. CIL Invites Bids For 875 MW Solar Project In Rajasthan’s Bikaner District
- On 24 July, It was reported that, Coal India Limited (CIL) has released a tender for setting up an 875 MW (AC) solar PV power project at the 2,000 MW Solar Park developed by Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) in Pugal, Bikaner district, Rajasthan.
- The project must be completed within 24 months from the date of commencement. However, the Scheduled Commercial Operation Date (SCOD) will be extended automatically up to six months or until the associated transmission system by RVPN is commissioned, whichever is earlier. If delays persist, SCOD can be extended by another 30 days without penalties.
- The tender’s technical evaluation will be conducted online. Only those who meet the required criteria in terms of past project experience (minimum 175 MW AC in EPC or as a developer), financial turnover (average of ₹1,263 crore in the last 3 years), and net worth (at least ₹421 crore as of March 31, 2025) will qualify.
1536. Telangana Launches ₹6,478 cr Rural Road Network Under HAM
- On July 24, 2025, The Telangana government approved ₹6,478 crore road development plan under the Hybrid Annuity Model, marking a major effort to enhance connectivity in rural areas.
- The project’s goal is connect every village to its mandal office and every mandal to its district HQ. Phase I covers 373 roads spanning 5,190 km across 17 packages.
- The plan as laying the “path to Telangana’s future,” emphasizing better roads bring economic opportunities, easier access to services and balanced development for all regions.
Click here to find 427 similar incidents of Make in India / Atmanirbhar -> Roads and Highways
1537. India develops personnel sphere, completes welding on submersible after 700 trials
- In a landmark achievement for India’s Deep Ocean Mission, Isro has successfully developed the personnel sphere for the submersible vessel MATSYA-6000, designed to carry humans up to 6,000 metres (6km) below the ocean surface, by completing a critical welding process after 700 weld trials, said ISRO On 23 July, 2025.
- ‘Samudrayaan', a project under the Deep Ocean Mission of the ministry of earth sciences (MoES), aims to strengthen India’s capabilities in deep-sea exploration.
- The milestone marks a significant leap for India’s underwater exploration ambitions and brings Matsya-6000 closer to sea trials. Once complete, the vehicle will be among the very few human submersibles in the world capable of reaching such depths, opening new frontiers for deep sea science, resource exploration and technology development.
1538. BEML gains after securing Rs 294-cr defence order
- On July 24, 2025, BEML has secured a defence order worth ₹294 crore. This order strengthens critical equipment to India’s armed forces and reflects growing reliance on local defence manufacturers.
- The deal aligns with the Indian government’s ‘Make in India’ push, highlighting efforts to produce advanced military grade vehicles domestically.
- It not only boosts self-reliance but also encourages technological innovation within the country.
1539. India-UK trade deal signed: Landmark multi-billion dollar free trade agreement sealed during PM visit; all about the FTA
- On 24 July,2025 In a historic step, the India-UK signed free trade agreement (FTA)in the presence of Prime Minister of India and UK PM Keir Starmer In United KIngdom.
- he agreement has been finalized with an aim to enhance bilateral trade to $120 billion by 2030, effectively doubling the current trade volume between both nations.
- The agreement ensures that 99% of exports from India would receive duty-free access to British markets. PM says, "This Agreement is not just an economic agreement but also the plan for a shared prosperity.
Click here to find 870 similar incidents of Indian Diplomacy -> Diplomatic Initiatives
1540. Rail Vikas Nigam Ltd signs MoU with Mr. Ashraf Gulam Mohmed Theba, Oman
- On July 24, 2025, Indian government company Rail Vikas Nigam Limited is stepped onto the international stage by partnering with an Oman based firm for expanding its business beyond India.
- This partnership aims to explore and develop infrastructure and railway projects overseas, especially in the Gulf region, which could open up big business opportunities for both countries.
- The move not only boosts RVNL’s global footprint but also strengthens India’s economic relationship with Oman.