News of The Day: 2nd July 2025

News of The Day – 2nd July 2025

• About Employment Linked Incentive (ELI) Scheme
• Incentives for first-time employees and establishments
• Focus on manufacturing and social security

• About the Supreme Court’s quota policy for court staff
• Implications for judicial administration

• About the Prime Minister’s Awards
• Criteria for recognizing excellence in public administration

• Key milestones in India’s digital transformation
• Initiatives under Digital India program
• Impact on governance and public service delivery

• Key objectives of the National Sports Policy 2025
• Inclusion of OCI-PIO players in sports federations
• Strategies to establish India as a global sporting powerhouse
• Impact on sports infrastructure and citizen empowerment

• About 7-point strategy
• Role of private capital in global economic development
• India’s stance on international financial cooperation

• Key findings of the 2025 World of Debt Report
• Global debt trends
• Economic implications
• India’s position in the global debt landscape

• About Altermagnets
• Significance of altermagnets
• Potential applications in technology and industry
• Economic implications of advancements in material science

• About Hybrid Annuity Model
• Role in infrastructure development
• Benefits and challenges of HAM in public-private partnerships

• What is Google’s employee buyout programme?
• Reasons behind Google’s employee buyout program
• Impact on workforce and corporate strategy
• Broader implications for the tech industry

• About the Project 17A stealth frigates
• Significance of Udaygiri in India’s naval capabilities
• Role in enhancing maritime security