India to surpass Japan in 2030 to become 2nd largest economy of Asia.
- India will become the world’s third-largest economy, overtaking Germany and Japan, by 2030 on the strength of its youthful demographic profile and rapidly rising urban household incomes.
- India's gross domestic product (GDP) is expected to grow 6.2-6.3 per cent in the fiscal year ending in March 2024, being the fastest-growing major economy this fiscal year.
- Asia's third-largest economy grew by a stellar 7.8 per cent in the April-June quarter.
Sri Lanka announces free visas for Indians to boost tourism.
- Sri Lanka waived the visa fees for Indians and tourists from six other countries, as part of its efforts to boost tourist arrivals and help rebuild the island nation’s battered economy following 2022 financial crash.
- The Cabinet announced implementation of a pilot project to issue free tourist visas to tourists from China, India, Russia, Thailand, Indonesia, Malaysia, and Japan until March 31, 2024.
- India has remained Sri Lanka’s top source market for many years.
Mumbai 2nd most polluted major global city as air quality worsens.
- Mumbai became the second most polluted city among 109 places tracked by IQAir, a Swiss technology company measuring air quality in real-time.
- The top 5 Cities in the world are:
- Beijing, Mumbai, Karachi, Jerusalem, Shenyang
- The air quality index (AQI) score is based on the US system where a score of between 0-50 is good, 51-100 is moderate, 101-150 is unhealthy for sensitive groups, 151-200 is unhealthy, 201-300 is very unhealthy and >301 is hazardous.
UP government set up URIDA to implement the CM Grids scheme.
- The government of Uttar Pradesh has established the Urban Road Infrastructure Development Agency (URIDA).
- The government granted approval for the implementation of the CM Green Road Infrastructure Development Scheme (Urban), which boasts a substantial budget of Rs 500 crore.
- Aim: To enhance the visual and functional aspects of urban roadways while also shouldering the responsibility of overseeing, financing, and supervising road development within municipalities.
Rajasthan Govt Launches "iStart Talent Connect Portal".
- The Rajasthan government launched the iStart Talent Connect Portal at Jaipur’s Techno Hub to boost employment opportunities in the state.
- Aim: To serve as a user-friendly platform for both job providers and job seekers.
- The platform, launched in collaboration with Jaipur-based startup Hyrefox, not only allows companies to discover potential talent but also lets them post job openings and connect with their future employees.
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