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Daily Current Affairs: 5 August 2025

Current affairs of 5 August 2025: Matri Van: 750-Acre Urban Forest in Aravallis, Gurugram; India Electric Mobility Index 2024: Delhi Leads States; PAN 2.0: ₹1,435-Crore Taxpayer Registration Overhaul, and 12 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)August 2025
15 TOPICSDaily CurrentAffairs5 August 2025In focus: Matri Van: 750-Acre Urban Forest in…safalsetu.com

In this issue: 15 topics

Government Schemes

  1. PAN 2.0: ₹1,435-Crore Taxpayer Registration Overhaul
  2. PMKVY: Under 15% of Trained Youth Got Jobs
  3. Cabinet approves Rs 6,520 crore for PM Kisan Sampada Yojana

Banking & Finance

  1. Phygital Banking: Meaning, Benefits and Limits in India
  2. Policybazaar ₹5 Crore IRDAI Penalty: Violations Listed
  3. Hong Kong Stablecoins Ordinance takes effect on 1 August 2025

Economy

  1. SEBI Plan: Turnover-Linked Limits for Related Party Deals

International Affairs

  1. BIMSTEC Traditional Music Festival Held at Bharat Mandapam

Agriculture & Rural

  1. India’s pesticide market: herbicides rise as labour costs climb
  2. Ethanol Blending in India: E20 Milestone and Concerns
  3. Odisha SOP for landrace seed conservation under Shree Anna Abhiyan

Environment & Ecology

  1. Matri Van: 750-Acre Urban Forest in Aravallis, Gurugram

Reports & Indexes

  1. India Electric Mobility Index 2024: Delhi Leads States
  2. Global AI City Index 2025: Bengaluru Ranks 26th
  3. IEA: Global Electricity Demand to Rise 3.3% in 2025

Government Schemes

Economy

1. PAN 2.0: ₹1,435-Crore Taxpayer Registration Overhaul

  • CCEA, chaired by PM Modi, approved the ₹1,435-crore PAN 2.0 project to overhaul PAN issuance.
  • PAN 2.0 seeks a common business identifier across digital systems of government agencies.
  • Existing PAN cards stay valid; upgraded cards with QR codes will be issued free of cost.
  • Personal data protection becomes mandatory for all entities that use PAN data.
Full notes and 3 MCQs ›

Banking & Finance

Banking & Finance

6. Hong Kong Stablecoins Ordinance takes effect on 1 August 2025

  • Hong Kong's Stablecoins Ordinance came into effect on 1 August 2025, with the HKMA as regulator.
  • Issuing stablecoins requires an HKMA licence; unlicensed offerings to retail investors are banned.
  • Issuers must meet rules on reserves, redemption, asset stability, anti-money laundering and counter-terrorism financing.
  • The global stablecoin market is valued at over USD 250 billion; only a limited number of licences are expected initially.
Full notes and 3 MCQs ›

Economy

International Affairs

International Relations

8. BIMSTEC Traditional Music Festival Held at Bharat Mandapam

  • The first BIMSTEC Traditional Music Festival was held at Bharat Mandapam, New Delhi, and inaugurated by EAM Dr S. Jaishankar.
  • The Indian Council for Cultural Relations (ICCR) organised the festival.
  • Artists from all seven BIMSTEC members took part: India, Bangladesh, Bhutan, Myanmar, Nepal, Sri Lanka and Thailand.
  • The theme was 'SaptaSur - Seven Nations, One Melody'; PM Modi announced it at the April 2025 BIMSTEC Summit in Thailand.
Full notes and 3 MCQs ›

Agriculture & Rural

Economy

9. India’s pesticide market: herbicides rise as labour costs climb

  • India's organised crop protection market is worth ₹24,500 crore; herbicides, at ₹8,200 crore, are growing above 10% a year.
  • Average daily farm wage rose from ₹326.2 in 2019 to ₹447.6 in December 2024, pushing weed-killer use.
  • The Insecticides Act, 1968 governs pesticides; CIB&RC approves them and India has banned 46 so far.
  • Weak regulatory oversight and dependence on MNCs for active ingredients are key concerns.
Full notes and 3 MCQs ›
Government Schemes

11. Odisha SOP for landrace seed conservation under Shree Anna Abhiyan

  • Odisha introduced a Standard Operating Procedure in August 2025 to conserve traditional seed varieties, called landraces.
  • It sits under the Shree Anna Abhiyan and sets up Crop Diversity Blocks at sub-district level.
  • Community Seed Centres will be run by farmer groups and women's self-help groups.
  • Legal protection is to be facilitated under the Protection of Plant Varieties and Farmers' Rights Act.
  • So far 163 traditional varieties are mapped and conserved; 14 are farmer-preferred and 103 are being profiled for nutrition.
Full notes and 3 MCQs ›

Environment & Ecology

Reports & Indexes

Economy

15. IEA: Global Electricity Demand to Rise 3.3% in 2025

  • The IEA projects global electricity demand growth of 3.3% in 2025 and 3.7% in 2026, above the 2015-2023 average of 2.6%.
  • India and China together account for 60% of demand growth through 2026; India grows 4% in 2025 and 6.6% in 2026.
  • Solar and wind are set to overtake coal generation by 2025 or 2026.
  • India's renewable capacity stood at 184.62 GW in June 2025, 38.08% of installed capacity.
Full notes and 3 MCQs ›

Test yourself

15 questions from the news of 5 August 2025, with answers and explanations.

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