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Daily Current Affairs 2 July 2026 - Top GK Updates for Exams

Daily Current Affairs – 2 July 2026

📅 Updated: July 02, 2026 10:05 AM 📰 Top GK Updates
🏛️ National Affairs
🛡️ Defence Updates
💰 Economy
🏏 Sports

🇮🇳 India – National Current Affairs

📜 VB-G RAM G Act 2025 Comes into Force

The Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025, also known as the VB-G RAM G Act, came into force across rural India on 1 July 2026, replacing the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), 2005.

  • Guarantees 150 days of wage work per household per year
  • Focus on multi-livelihood support, skill development, and economic empowerment
  • Administered by the Ministry of Rural Development
  • Passed during the Winter Session 2025
  • Aligns with Viksit Bharat 2047 vision

🏛️ Amit Shah Launches FCRA 2.0 Portal and e-OCI Card

Union Home Minister Amit Shah launched the FCRA 2.0 Portal and the e-Overseas Citizen of India (e-OCI) Card initiative in New Delhi on 30 June 2026.

  • FCRA 2.0: AI-powered digital monitoring of foreign contributions to NGOs
  • e-OCI Card: Digital services for 50+ lakh OCI holders globally
  • Removes need to re-issue OCI booklets when new passports are issued after age 20

💻 29th NCeG 2026 Held in Jaipur

The 29th National Conference on e-Governance (NCeG) 2026 was held on 1–2 July 2026 at the Rajasthan International Centre (RIC), Jaipur.

  • Jointly organised by DARPG and DPIIT
  • Theme: "Empowering Citizens Through Digital Governance"
  • 28th NCeG was held in Bhubaneswar, Odisha (Dec 2025)

🏢 Corporate Mitra Scheme Launched

The Ministry of Corporate Affairs and IIT Madras partnered for the Corporate Mitra scheme to train para-professionals for MSME regulatory compliance.

  • 150-hour SWAYAM Plus course
  • 6 months on-the-job training
  • Targets graduates under 30 years of age
  • Course fee: ₹3,000 (50% concession for women and aspirational districts)

🚀 Agnikul Cosmos-ICEYE MoU

Indian private space company Agnikul Cosmos and Finnish SAR satellite company ICEYE signed an MoU to jointly develop and deploy SAR satellite systems in India.

  • Combines Agnikul's launch capabilities with ICEYE's radar technology
  • SAR satellites capture images through cloud cover and darkness
  • Critical for defence, disaster management, and agriculture

🏖️ Tourism and Hospitality Sector Report

The Ministry of Tourism and NITI Aayog launched the report "Unlocking Growth in Tourism and Hospitality Sector."

  • Outlines roadmap for 100 million foreign tourist arrivals by 2047
  • Current arrivals: approximately 20 million per year
  • Union Tourism Minister: Gajendra Singh Shekhawat

🛡️ Defence & Appointments

✈️ Air Marshal Ashutosh Dixit - 51st Vice Chief of Air Staff

Air Marshal Ashutosh Dixit assumed charge as the 51st Vice Chief of the Air Staff (VCAS) on 1 July 2026, succeeding Air Marshal Nagesh Kapoor.

  • Second-highest ranking officer of the IAF
  • Current Chief of Air Staff: Air Chief Marshal Amar Preet Singh
  • IAF established: 8 October 1932

🎖️ Lt Gen Rajesh Pushkar - Southern Command

Lieutenant General Rajesh Pushkar assumed command as GOC-in-C of the Indian Army's Southern Command on 1 July 2026.

  • Headquartered at Pune, Maharashtra
  • Responsible for Rajasthan and Gujarat border sectors
  • Holds AVSM and VSM medals

💼 CBDT Chairman Extended

Ravi Agrawal, Chairman of CBDT, got his tenure extended until 31 December 2026.

  • 1988-batch IRS officer
  • CBDT oversees Income Tax Department
  • Functions under Ministry of Finance (Department of Revenue)

💰 Economy & Banking

📱 UPI Now Live in 8+ Countries

India's UPI is now operational in over 8 countries, with MoUs signed with 24 nations.

  • Live countries: UAE, Singapore, Bhutan, Nepal, Sri Lanka, Mauritius, France, Cambodia, Seychelles
  • Managed by NPCI International Payments Limited (NIPL)
  • UPI processes over 15 billion transactions per month domestically

📱 Mobile Manufacturing Share Rises to 48%

India's domestic mobile manufacturing share has risen to 48% with 12 semiconductor units now operational.

  • PLI Scheme for Mobile Phones and Electronic Components
  • India Semiconductor Mission (ISM): ₹76,000 crore outlay
  • MeitY Minister: Ashwini Vaishnaw

🏏 Sports

🇮🇳 Indian Women's Cricket Team Qualifies for LA 2028 Olympics

The Indian Women's Cricket Team qualified for the Los Angeles 2028 Olympic Games as the best-placed Asian team at the ICC Women's T20 World Cup 2026.

  • Cricket returns after 128 years (last played in 1900)
  • Six-team T20 format at LA 2028
  • India qualified alongside Australia, Great Britain, and South Africa
  • Indian Women's T20 captain: Harmanpreet Kaur
  • Venue: Pomona-Fairplex, California (12–29 July 2028)

🔬 Science, Technology & Environment

🚢 INS Udaygiri and INS Kavaratti in Vietnam Waters

  • INS Udaygiri: Project 17A stealth frigate (commissioned 2023)
  • INS Kavaratti: Kamorta-class ASW corvette (commissioned 2015)
  • India-Vietnam Comprehensive Strategic Partnership (elevated 2016)

🏛️ Delhi Approves 75 Heritage Conservation Schemes

  • Up to ₹2 crore per institution for restoration
  • Delhi has 174 protected monuments under Archaeology Department
  • 3 UNESCO World Heritage Sites: Red Fort, Qutb Minar, Humayun's Tomb

📅 Important Days

👽 2 July – World UFO Day

  • Commemorates the Roswell UFO Incident of 2 July 1947
  • Now formally called Unidentified Aerial Phenomena (UAP)
  • World UFO Day Organisation (WUFODO) promotes the day

🤝 1 July – International Day of Cooperatives 2026

  • Observed on first Saturday of July (5 July 2026)
  • 2026 Theme: "Cooperatives Serve People: Building a Sustainable Future for All"
  • UNGA Resolution A/RES/47/90 (16 December 1992)
  • International Co-operative Alliance (ICA) established 1895, HQ: Brussels
  • India: 8.5+ lakh cooperative societies, 29 crore members

📊 Quick Quiz: Test Your Knowledge

QuestionAnswer
What does 'OCI' stand for?Overseas Citizen of India
What is the outlay for India Semiconductor Mission 2.0?₹1.25 lakh crore
How many years has GST completed in India?9 years
Which two new bullet train corridors were announced?Bengaluru–Chennai & Delhi–Varanasi
Which organization is the nodal agency for ICJS?National Crime Records Bureau (NCRB)
What is the motto of PMKSY?Per Drop More Crop
Theme for National Doctors' Day 2026?"Behind the Mask: Who Heals the Healers?"
Which fuel category saw a ₹183.50 price cut?Commercial LPG Cylinders (19 kg)
Who was appointed to head the High-Level Study Group for Indian cinema?Prasoon Joshi
Which state will receive Yamuna water through the ₹34,102 crore project?Rajasthan

📝 Key Takeaways for Competitive Exams

🏛️ Government Schemes & Acts

Scheme/ActKey Point
VB-G RAM G Act 2025Replaced MGNREGA; guarantees 150 days wage work
FCRA 2.0 PortalAI-powered monitoring of foreign contributions
e-OCI CardDigital OCI services for 50 lakh+ cardholders
Corporate Mitra SchemeMCA-IIT Madras initiative for MSME compliance
PMKSY"Per Drop More Crop" - micro-irrigation focus

🛡️ Defence Appointments

AppointmentOfficer
51st Vice Chief of Air StaffAir Marshal Ashutosh Dixit
Southern Command GOC-in-CLt Gen Rajesh Pushkar
CBDT Chairman (Extended)Ravi Agrawal

❓ Frequently Asked Questions

The Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025, replaced MGNREGA on 1 July 2026. It guarantees 150 days of wage work per household per year, along with skill training and self-employment support.

FCRA 2.0 Portal is an AI-powered digital monitoring system for foreign contributions received by NGOs and associations in India, launched by Union Home Minister Amit Shah on 30 June 2026.

The e-Overseas Citizen of India (e-OCI) Card is a digital system that provides seamless services to OCI card holders globally, removing the need to re-issue OCI booklets when new passports are issued after age 20.

The 29th National Conference on e-Governance (NCeG) 2026 was held in Jaipur with the theme "Empowering Citizens Through Digital Governance."

The Corporate Mitra Scheme is a Ministry of Corporate Affairs and IIT Madras initiative to train para-professionals to help MSMEs with regulatory compliance, offering a 150-hour course on SWAYAM Plus with 6 months of on-the-job training.

Agnikul Cosmos and ICEYE signed an MoU to jointly develop, manufacture, and deploy SAR (Synthetic Aperture Radar) satellite systems in India, combining Agnikul's launch capabilities with ICEYE's radar technology.

Air Marshal Ashutosh Dixit assumed charge as the 51st Vice Chief of the Air Staff on 1 July 2026.

World UFO Day is observed on 2 July, commemorating the anniversary of the Roswell UFO Incident of 2 July 1947.

The official theme for National Doctors' Day 2026 is "Behind the Mask: Who Heals the Healers?"

GST completed 9 years of rollout on July 1, 2026, having been introduced under the 101st Constitutional Amendment Act in 2017.

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🏁 Conclusion

The 2 July 2026 current affairs cover a wide range of important topics including the landmark VB-G RAM G Act replacing MGNREGA, the FCRA 2.0 Portal and e-OCI Card launch, the 29th NCeG 2026 in Jaipur, the Agnikul-ICEYE MoU, and key defence appointments. These updates are crucial for competitive exam aspirants preparing for UPSC, SSC, Banking, State PSCs, and Railway exams.

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