1. NITI Aayog and RMI release ‘Mobilising Electric Vehicle Financing in India’ report

  • NITI Aayog and Rocky Mountain Institute (RMI) India analysed that the transition to EVs will require a cumulative capital investment of Rs 19.7 lakh crore including EVs, charging infrastructure, and batteries over the next decade. 
  • The report highlights the role of finance in India’s transition to electric vehicles (EVs)
  • The report also claims that the electric vehicle financing industry will use a market size of $50 billion (₹3.7 lakh crore) by 2030, which amounts to about 80% of the current size of India’s retail vehicle finance industry, worth $60 billion (₹4.5 lakh crore) today


2. Cabinet approves creation of Pradhan Mantri Swasthya Suraksha Nidhi

  • The Union Cabinet today approved the Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN) as a single non-lapsable reserve fund for share of Health from the proceeds of Health and Education Cess levied under Finance Act, 2007


3. INS Karanj, third Scorpene-Class Submarine, commissioned into Indian Navy

  • The Navy inducted the third Scorpene-class conventional diesel-electric submarine,INS Karanj into service.
  • It was commissioned into the Navy by former Navy Chief Admiral V.S. Shekhawat, who was the Commanding Officer of the earlier INS Karanj in the 1971 India-Pakistan War


4. Russia, China sign MoU to build lunar space station

  • Moscow and Beijing will draw up a roadmap to establish the station and cooperate closely on planning, designing and implementing the project as well as presenting it to the world space community
  • An international lunar science station is a complex of experimental and research facilities created on the surface and/or in orbit of the moon, designed to conduct multidisciplinary and multipurpose research work


5. J&K: Draft Excise Policy to allot Retail Liquor Vends

  • The allotment of liquor vends through e-auction would be in a completely open and transparent manner in the same area where liquor shops already exist.
  • The vends shall be allotted for a period of one year as per the provisions of the J&K Excise Act and Rules
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