Cabinet approved increased MSP for Kharif Crops for 2024-25 season.

  • The highest MSP increases are for oilseeds and pulses, with nigerseed seeing a rise of Rs. 983 per quintal, sesamum by Rs. 632 per quintal, and tur/arhar by Rs. 550 per quintal over the previous year.
  • Kharif crops: are dependent on the monsoon, and their cropping season runs from July to October.
  • Examples include rice, maize, millet, ragi, pulses, soybean, groundnut, etc.


India Post Payments Bank & RMT launched Rural Remittance Service.

  • India Post Payments Bank (IPPB) has partnered with Ria Money Transfer to provide secure, efficient international inward money transfer services to rural India.
  • This collaboration will make remittance services available at over 25,000 Post Office locations, aiming to reach over 100,000 locations, providing doorstep financial services to 65% of India's rural population.


ADB approves $170 Million Loan to bolster India's Health System.

  • Asian Development Bank approved a USD 170 million (Rs 1,418 crore) policy-based loan to improve India's health system preparedness and capacity to respond to future pandemics.
  • The loan will support the National Health Policy 2017 by strengthening disease surveillance, laboratory networks, and data systems.
  • ADB: Headquarters: Manila
  • President: Masatsugu Asakawa


Cabinet approves Rs 2,869 crore for development of Varanasi airport.

  • Cabinet approved a Rs 2,869.65 crore proposal for the expansion of Lal Bahadur Shastri International Airport at Varanasi.
  • It is aimed at enhancing the passenger handling capacity of the airport to 9.9 million passengers per annum from the existing 3.9 MPPA.
  • Varanasi is the Lok Sabha constituency of PM Modi.
  • Cabinet also approved setting up a major port at Vadhavan near Dahanu in Maharastra.


Dutchman Mark Rutte, longtime Putin critic, set to lead NATO alliance.

  • Mark Rutte, the former Dutch prime minister, is a strong supporter of Ukraine and critic of Russian President Vladimir Putin, having played a key role in Europe’s military support for Ukraine since Russia's 2022 invasion.
  • The North Atlantic Treaty Organization is an intergovernmental military alliance of 32 member states—30 European and 2 North American.
  • Hq: Brussels, Belgium.

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