Daily Current Affairs 2nd August 2025: PM MITRA, GST Update, National Awards, Defence News, Key Appointments & More for UPSC, SSC & Bank Exams.
Stay updated with the top current affairs headlines for August 2nd, 2025, covering national developments, economic trends, appointments, defence, awards, and more. This update is ideal for UPSC, SSC, Banking, and other competitive exam aspirants. Let’s dive into the biggest highlights of the day. ๐
๐ฎ๐ณ National News
๐งต PM MITRA Scheme: 7 Mega Textile Parks Finalised to
Boost Sector ๐
The Government
of India has finalized the location of seven PM MITRA Parks under
the Mega Integrated Textile Region and Apparel (MITRA) initiative.
These parks are coming up in:
- Tamil Nadu
- Telangana
- Gujarat
- Karnataka
- Madhya Pradesh
- Uttar Pradesh
- Maharashtra
๐ฐ Outlay: ₹4,445 crore till 2027–28
๐ฏ Target: Attract
₹70,000 crore in investments & create 20 lakh jobs
๐ง Supported by:
- Samarth Skill Development Programme
- National Technical Textiles Mission
๐ These measures aim to make India a global
textile manufacturing hub and boost exports, employment,
and infrastructure.
๐ Kavach 4.0 Launched:
Game-Changer for Indian Railways Safety ⚠️
Indian Railways has
officially commissioned Kavach 4.0, its indigenous Train
Collision Avoidance System, on the Mathura-Kota section of
the Delhi–Mumbai corridor.
๐ก️ Features:
- Highest safety level (SIL-4)
- Real-time speed monitoring
- Automatic braking
- Signal display inside locomotive cabin (for fog/low visibility)
๐ Investment: ₹1 lakh crore
annually on safety
๐จ๐ซ Training: 30,000
personnel to be trained
๐ซ Academics: Integrated
into engineering curriculum
๐ฏ This initiative is part of Indian Railways' goal
to completely revamp railway safety systems over the next 6
years.
๐ฆ Banking News
๐️ Banking Laws (Amendment) Act, 2025 Comes Into
Force ๐
The Banking
Laws (Amendment) Act, 2025 has come into effect from August 1,
2025, bringing major reforms to India's banking sector.
๐ผ Key Provisions:
- Raised "substantial interest" threshold to ₹2 crore
- Cooperative bank directors’ term extended to 10 years
- Unclaimed public amounts can be transferred to Investor
Education and Protection Fund (IEPF)
- PSBs now empowered to appoint top-tier auditors
๐ Objective: Improve governance, transparency,
and align cooperative banks with constitutional norms.
๐ Economy News
๐ฐ GST Collection Touches ₹1.96 Lakh Crore in July,
Growth Slows ๐
India’s Goods
and Services Tax (GST) collection for July 2025 rose
to ₹1.96 lakh crore, registering a 7.5% year-on-year growth.
๐ Net growth, however, slowed to 1.7% due
to a sharp 117% surge in refunds, mainly due to inverted
duty structures.
๐ Highlights:
- Stable consumption in most regions
- Strong growth in Sikkim and Tripura
- Concerns over automobile sales slowdown
๐ Policy Focus: Experts stress the
need for GST rate rationalisation to support domestic demand
and economic stability.
๐ Awards News
๐ฌ 71st National Film Awards 2023: Complete Winners
List ๐
The 71st
National Film Awards celebrated the diversity of Indian cinema.
๐ Top Winners:
- Best Actor: Shah
Rukh Khan (1st time winner)
- Best Actress: Rani
Mukerji
- Best Film: 12th
Fail
๐ฅ Regional Film Highlights:
- HanuMan
- Parking
๐ These awards underscore the power of
Indian cinema across all languages and regions.
๐ง๐ผ Appointments News
๐ก️ Dr. Mayank Sharma Appointed Financial Advisor
(Defence Services)
Dr. Mayank
Sharma, IDAS 1989 batch, took charge as Financial Advisor (Defence
Services) on August 1, 2025.
๐ Profile Highlights:
- 30+ years in defence accounts & governance
- Served in Cabinet Secretariat, AIIMS Delhi, UN,
and IACA
His global
experience is expected to bring in more transparency and
financial discipline in defence budgeting.
⚓ Vice Admiral Sanjay Vatsayan
Takes Over as VCNS
Vice
Admiral Sanjay Vatsayan, AVSM, NM, assumed office as the 47th
Vice Chief of Naval Staff.
๐ฑ Profile:
- Over 30 years of service
- Expert in Gunnery & Missile Systems
- Key figure during post-Galwan maritime ops
His
leadership is vital for strengthening India's blue water naval
dominance.
⚓ Vice Admiral Manish Chadha
Becomes INA Commander
Vice
Admiral Manish Chadha, AVSM, VSM, took command of the Indian
Naval Academy (INA), Ezhimala.
๐ Experience:
- 34 years in Communication & Electronic Warfare
- Led frontline warships
- Internationally trained strategist
He is
poised to play a pivotal role in shaping next-gen Indian Navy leaders.
๐️ Shashi Prakash Goyal Becomes UP
Chief Secretary
Senior IAS
officer Shashi Prakash Goyal (1989 batch) took over as Chief
Secretary of Uttar Pradesh on July 31, 2025.
๐ฏ His focus areas:
- Zero tolerance for
corruption
- Industrial & economic growth
- Transforming UP into a $1 trillion economy
⚔️ Defence News
๐ข INS Himgiri Inducted into Indian Navy – Indigenous
& Armed ๐ฅ
On July
31, 2025, Indian Navy inducted INS Himgiri, an advanced Nilgiri-class
stealth frigate under Project 17A.
⚓ Capabilities:
- BrahMos missiles
- LR-SAMs & torpedoes
- Advanced sensors
๐ INS Himgiri is a symbol of Aatmanirbhar
Bharat in defence, helping India move toward a 175-ship Navy by
2035.
๐️ Sports News
⚽ Khalid Jamil Becomes Indian Men’s Football Team
Head Coach
On August
1, 2025, Khalid Jamil was appointed as the Head
Coach of the Indian Senior Men’s Football Team by the AIFF.
⚽ Selected Over: Stephen Constantine & ล tefan
Tarkoviฤ
๐ฃ Backed by legends like IM
Vijayan
๐ฏ Upcoming Challenges:
- CAFA Nations Cup
- AFC Asian Cup Qualifiers
His
appointment is seen as a progressive step toward empowering Indian
coaches and promoting domestic talent.
๐งช Science & Technology News
๐ NASA’s Crew-11 Mission Launched by SpaceX to ISS ๐
On August
1, 2025, SpaceX successfully launched NASA’s
Crew-11 mission from Kennedy Space Center, Florida.
๐จ๐ Crew:
- 2 NASA astronauts
- 1 Russian cosmonaut
- 1 Japanese astronaut
๐ญ Mission Duration: Up to 8 months
๐ Objective: Continued ISS
operations amid rising geopolitical challenges
This
mission signifies U.S.–Russia cooperation in space, despite
Earth-bound conflicts.
๐
Important Days
๐ฉบ National Doctors’ Day 2025: Honouring Lifesavers
Observed
on July 1, National Doctors’ Day honours Dr.
B.C. Roy and the tireless work of medical professionals.
๐ก Key Themes:
- Healthcare contribution
- Emotional & mental stress
- Public appreciation and respect
Even small
acts of gratitude can uplift these heroes in white coats.
๐งฌ Cloves Syndrome Awareness Day
2025: Spotlight on Rare Disorders
Observed
on August 3, this day raises awareness about CLOVES
syndrome, a rare genetic disorder involving:
- Vascular malformations
- Skin anomalies
- Skeletal overgrowths
๐ฏ Early detection, research, and support networks
are crucial for affected families.
๐️ Obituaries
๐ผ T. N. Manoharan – Ex-IDBI Chairman & Padma
Shri Awardee Passes Away
Respected
banker and reformer T. N. Manoharan passed away on July
30, 2025.
๐ก️ Noted Contributions:
- Revival of Satyam Computers
- Former Chairman, Canara Bank
- Padma Shri awardee
His legacy
continues to inspire India’s corporate and financial sectors.
๐ Dr. V. Vasanthi Devi –
Education Reformer & Women’s Rights Advocate Dies at 86
Former VC
of Manonmaniam Sundaranar University, Dr. V. Vasanthi Devi, passed
away in Chennai at the age of 86.
๐ Notable for:
- Advocacy for gender equality
- Critique of NEP 2020
- Role in progressive education reforms
Her loss is
mourned across political and academic communities.
๐ญ Kalabhavan Navas – Mimicry
Legend and Malayalam Actor Passes Away
Veteran
actor and mimicry artist Kalabhavan Navas (51) passed away
in Chottanikkara, Kerala due to suspected cardiac arrest.
๐ญ Famous For:
- Films like Junior Mandrake, One Man Show
- Part of Cochin Kalabhavan troupe
A beloved
figure in Malayalam stage and screen, he leaves behind a void in
South Indian performing arts.
๐ Source Links
- PM MITRA & Kavach 4.0 – PIB
- Banking Act Amendments – Lok Sabha Reply
- National Film Awards 2023 – DFF India
- GST Collection Report – Ministry of Finance
- Indian Navy & Defence Appointments – Indian Navy Official
Website
- SpaceX Crew-11 Launch – NASA
- Obituaries – Times of India
#CurrentAffairs
#DailyGK #UPSC2025 #Kavach4 #PMMITRA #GSTIndia #IndianRailways #IndianNavy
#71stNationalFilmAwards #Appointments2025 #DefenceNews
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