Current Affairs 20th July, 2025

National News

PM Dhan-Dhaanya Krishi Yojana Launched

  • 36 central government schemes merged into one.

  • Aims to enhance agricultural productivity and sustainability.

  • Annual outlay of ₹24,000 crore for six years.

  • Targets 1.7 crore farmers.

  • Focuses on 100 underperforming districts.

  • Emphasizes post-harvest infrastructure and irrigation efficiency.

  • Promotes organic farming and crop diversification.

  • Strengthens credit access for farmers.

  • Shifts from subsidy-driven aid to a value-chain support model.

  • Supports Atmanirbhar Bharat and doubling farmer incomes.

PM Modi Inaugurates Infrastructure Projects in Bihar

  • Projects worth ₹7,200 crore launched in Motihari.

  • Aims to accelerate Bihar’s transformation.

  • Part of the broader Viksit Bharat Mission.

  • Focus on urban renewalconnectivity, and housing development.

  • Three lakh pucca houses delivered in Motihari.

  • Aligns Bihar with the Viksit Bharat 2047 vision.

  • Aims for equitable urban development.

  • Expected to create local employment.

  • Improve urban living standards and infrastructure resilience.

  • Strengthens Bihar’s role in India’s development.

NSCSTI 2.0 Framework Launched

  • Union Minister Dr. Jitendra Singh launched the framework.

  • Aims to upgrade civil services training in India.

  • Developed by the Capacity Building Commission (CBC).

  • Standardizes and elevates training quality across CSTIs.

  • Evaluation metrics reduced from 59 to 43.

  • Incorporates hybrid learning and AI tools.

  • Aligns with Karmayogi Competency Model (KCM).

  • Adaptable to Central, State, and Urban Local Body institutes.

  • Encourages public-private synergy.

  • Aims to build a future-ready, citizen-centric civil service.

State News

BMRCL Appoints New MD

  • Dr. J Ravishankar appointed as new MD of BMRCL.

  • Replaces Maheshwar Rao.

  • Change comes amid public outcry over fare hikes.

  • Yellow Line launch in Bengaluru’s metro network pending.

  • BMRCL oversees 77 km of operational metro lines.

  • Phase 2 includes Yellow, Pink, and Blue Lines.

  • Phase 3 approved in August 2024.

  • Entire network to expand to 220.2 km by 2029.

  • Expected to streamline operations.

  • Strengthen last-mile connectivity.

Banking News

Historical Evolution of Indian Banks

  • India’s banking sector transformed by nationalization and mergers.

  • Government began nationalizing banks from late 1960s.

  • First nationalization phase in 1969 covered 14 banks.

  • Second nationalization phase in 1980 covered 6 banks.

  • RBI nationalized in 1949, becoming central bank.

  • Imperial Bank of India became SBI in 1955.

  • 7 SBI associate banks brought under state ownership in 1960.

  • Nationalization aimed to make banking accessible to public.

  • Also aimed to direct credit to neglected sectors like agriculture.

  • Led to rapid expansion of banking in rural areas.

Appointments

Dr. J Ravishankar Appointed BMRCL MD

  • Dr. J Ravishankar is a 2001-batch IAS officer.

  • Holds a degree in Dental Surgery.

  • Previously served as Secretary in Agriculture and Housing.

  • Also served as Excise Commissioner.

  • Was Special Commissioner at BBMP.

  • Served as Commissioner of Karnataka Housing Board.

  • Brings diverse administrative experience to the role.

Economy News

PM Dhan-Dhaanya Krishi Yojana Economic Impact

  • Annual outlay of ₹24,000 crore for six years.

  • Aims to impact 1.7 crore farmers.

  • Shifts to a value-chain support model.

  • Promotes climate-resilient farming.

  • Supports national goals of Atmanirbhar Bharat.

  • Aims for doubling farmer incomes.

Bihar Infrastructure Projects Economic Impact

  • ₹7,200 crore investment across various sectors.

  • Expected to create local employment.

  • Improve urban living standards.

  • Enhance infrastructure resilience.

  • Supports regional equity and growth.

Important Days

Nationalization of Banks Anniversary

  • July 19, 1969, marks the date of the first wave of bank nationalization in India.

  • 14 major private banks were nationalized on this date.

  • This move aimed to align banking with socialist and developmental goals.

  • Significance of the day for financial inclusion and public confidence in banks.

SOURCE-CURRENTAFFAIRSADDA

   

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