01 September, 2025
GK Update
Tue 02 Sep, 2025
National News
‘Semicon India 2025’ Conference’
- The ‘Semicon India 2025’ Conference is being organized from 2–4 September 2025 at Yashobhoomi, New Delhi.
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Launch of SEMICON India Programme
- The Government of India has launched the SEMICON India Programme with an investment of ₹76,000 crore, implemented through the India Semiconductor Mission (ISM).
- Objective : To bring together industry leaders, policymakers, academia, and startups on a common platform to boost investment and strategic partnerships.
- The global semiconductor market is projected to reach USD 1 trillion by 2030, with India expected to play a significant role.
Launch of Investor Didi Initiative – Phase II
- The Investor Education and Protection Fund Authority (IEPFA) has successfully launched Phase II of its flagship financial literacy initiative “Investor Didi” in Hyderabad.
- Objective : To enhance financial awareness and empower rural communities, especially women.
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Economy and Banking
100% FDI Announcement in Insurance Sector
- The Government of India has announced 100% Foreign Direct Investment (FDI) in the insurance sector to boost foreign capital inflow.
- Earlier, the FDI limit was 74%, which has now been removed, allowing full foreign ownership.
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GST Collection – August 2025
- India’s GST collection in August 2025 rose to ₹1.86 trillion (₹1.86 lakh crore).
- This marks a growth of about 6.5% compared to August 2024.
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State News
Vrindavani Vastra to be Loaned to Assam
- The British Museum will loan the “Vrindavani Vastra” to Assam in 2027 for a period of 18 months.
- It is a 16th-century silk textile, created under the guidance of the great Vaishnavite saint Srimanta Sankardev.
- The cloth depicts scenes from the life of Lord Krishna.
Assam :
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India’s First Multi-Lane Free Flow (MLFF) Toll System
- Gujarat has launched the country’s first MLFF toll system.
- Implemented at Choryasi Toll Plaza on NH-48.
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Launch of Bihar State Jeevika Nidhi Credit Cooperative Society Ltd
- On 2 September 2025, PM Narendra Modi inaugurated the Bihar State Jeevika Nidhi Credit Cooperative Society Ltd. (Jeevika Nidhi) via video conferencing.
- On this occasion, the PM also transferred ₹105 crore into the society’s bank account.
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Environment News
Rediscovery of Rare Dragonfly Species – Crocothemis erythraea
- A rare dragonfly species, Crocothemis erythraea, has been rediscovered in the southern Western Ghats.
- Earlier, it was misidentified as the common Crocothemis erythraea.
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Sports News
Badminton World Championships 2026
- India will host the 30th edition of the Badminton World Championships in August 2026.
- Earlier, Hyderabad hosted the championship in 2009.
Badminton World Championships 2025:
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Defense News
Yudh Kaushal 3.0 Military Exercise
- The Indian Army conducted the Yudh Kaushal 3.0 military exercise in the Kameng region of Arunachal Pradesh.
- The exercise showcased modern technology, precision strikes, and multi-domain operational capability.
Indian Army:
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Formation of ‘Bhairav’ Commando Battalions
- In 2025, the Indian Army will establish five ‘Bhairav’ Commando Battalions.
- These units will play a crucial role in swift and high-intensity operations along the borders with China and Pakistan.
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Yudh Abhyas 2025
- The 21st edition of the Indo-US joint military exercise ‘Yudh Abhyas 2025’ is being held from 1–14 September 2025 at Fort Wainwright, Alaska (USA).
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Appointments
Sanjeev Ghuratia
- Air Marshal Sanjeev Ghuratia has been appointed as the Air Officer-in-Charge (Maintenance) of the Indian Air Force.
- He assumed charge on 1 September 2025 at the Air Headquarters, New Delhi.
Indian Air Force:
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TCA Kalyani
- TCA Kalyani assumed charge as the Comptroller General of Accounts (CGA) in the Department of Expenditure, Ministry of Finance on 1 September 2025.
- She is a 1991-batch officer of the Indian Civil Accounts Service (ICAS).
- She is the 29th officer to hold this prestigious post.
Important Days
IPPB – Foundation Day
- The India Post Payments Bank (IPPB) celebrates its Foundation Day every year on 1 September.
- In 2025, it marked its 8th Foundation Day.
- IPPB was established on 1 September 2018 by the Government of India.
Launch of Bal Vatika TV Channel & DIKSHA 2.0 Platform
- On its 65th Foundation Day (1 September 2025), NCERT launched the Bal Vatika TV Channel and the DIKSHA 2.0 Digital Learning Platform.
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Diksha 2.0 Platform:
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World Coconut Day
- World Coconut Day is observed every year on 2 September.
- The day aims to raise awareness about the importance and global utility of coconuts.
World Coconut Day:
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