Daily Current Affairs – 30-03-2025

Tamil Nadu

India’s Electric Vehicle Manufacturing Guidelines 2025

® India is launching a new flagship EV policy to attract global automakers to manufacture locally. ® Companies can import up to 8,000 electric four-wheelers annually at a reduced import duty of 15% (down from 70-100%). ® To qualify, applicants must commit a minimum investment of ₹ 4,150 crore (~$500 million) within 3 years.

India’s Life Expectancy Rises to 72.48 Years in 2025

® World average life expectancy: ~73 years (2024) ® Monaco tops global list with 86.5 years ® India’s women live longer (74.13 years) than men (70.95 years) ® Indicates progress in healthcare and living conditions

National Anubhav Awards 2025 Expanded to CPSEs and PSBs

® 5 retirees awarded Anubhav Award; 10 retirees received Jury Certificates ® For the first time, employees from Central Public Sector Enterprises (CPSEs) and Public Sector Banks (PSBs) included alongside Central Government employees ® Launched by Department of Pension & Pensioners’ Welfare in 2015 as an online platform to share retiring employees’ experiences ® Annual Awards Scheme encourages retirees to submit experience write-ups ® Till date, 59 Anubhav Awards and 19 Jury Certificates conferred

India’s Fiscal

Deficit Reaches ₹ 15.77 Lakh Crore in FY 2024–25

® The central government’s fiscal deficit for FY 2024–25 stood at ₹ 15.77 lakh crore, or 100.5% of the revised annual target. ® This is lower than the ₹ 16.54 lakh crore recorded in FY 2023–24, which was 95.3% of the year’s estimate. ® Total expenditure was ₹ 46.56 lakh crore, accounting for 98.7% of the revised budgeted figure. Revenue receipts stood at ₹ 30.36 lakh crore, comprising: ® Tax revenue: ₹ 24.99 lakh crore ® Non-tax revenue: ₹ 5.38 lakh crore ® The fiscal deficit target was 4.8% of GDP for FY 2024–25, with a further reduction to 4.4% targeted for FY 2025–26.