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29 July 2026 · Daily Current Affairs

29 July 2026, sources dated 29 July 2026 research cutoff

4 verified stories · 4 notes pages · 8 original MCQs

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Contents

RDI Scheme: Rs 1 lakh crore over six years; Rs 2,000 crore sanctioned to TDB and BIRAC

PM-SETU: upgrading 1,000 Government ITIs in a Hub and Spoke model

Electronics production up seven-fold to over Rs 13 lakh crore in 12 years

IndiaAI Mission: 762 use cases, 58 Centres of Excellence and 543 Data and AI Labs

Government Schemes

RDI Scheme: Rs 1 lakh crore over six years; Rs 2,000 crore sanctioned to TDB and BIRAC

29 July 2026 | Press Information Bureau

In a Parliament answer, PIB said the Research, Development and Innovation (RDI) Scheme has an outlay of Rs 1 lakh crore over six years. It gives long-term, low-cost financing through Second-Level Fund Managers such as AIFs and Focused Research Organisations, for projects at Technology Readiness Level 4 and above.

Financial assistance of Rs 1,000 crore each has been sanctioned to the Technology Development Board (TDB) and BIRAC, aggregating Rs 2,000 crore, of which Rs 500 crore was disbursed to TDB in March 2026.

Key facts
  • Outlay: Rs 1 lakh crore over six years
  • Eligible projects: TRL 4 and above
  • Sanctioned: Rs 1,000 crore each to TDB and BIRAC
  • Disbursed to TDB: Rs 500 crore (March 2026)

Exam takeaway: The scheme addresses the financing gap for deep-tech research.

Quick revision: RDI Scheme: Rs 1 lakh crore, six years (PIB, 29 July 2026).

Press Information Bureau original source

Government Schemes

PM-SETU: upgrading 1,000 Government ITIs in a Hub and Spoke model

29 July 2026 | Press Information Bureau

PIB said the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme aims to improve the quality and relevance of vocational training with upgraded labs, machines and industry-aligned curriculum.

Component I upgrades 1,000 Government ITIs (200 Hub ITIs and 800 Spoke ITIs) in a Hub and Spoke model with smart classrooms, modern labs, digital content and new courses. A further objective is to enhance the capacity of NSTIs for training of trainers.

Key facts
  • Scheme: PM-SETU
  • ITIs upgraded: 1,000 (200 Hub, 800 Spoke)
  • Model: Hub and Spoke
  • Institutions covered: ITIs and NSTIs

Exam takeaway: ITIs are Industrial Training Institutes.

Quick revision: PM-SETU upgrades 1,000 ITIs (PIB, 29 July 2026).

Press Information Bureau original source

Reports, Indices, Science and Technology

Electronics production up seven-fold to over Rs 13 lakh crore in 12 years

29 July 2026 | Press Information Bureau

PIB said electronics production has grown seven-fold to over Rs 13 lakh crore and exports eleven-fold to over Rs 4 lakh crore in the last 12 years. The electronics manufacturing ecosystem supports around 25 lakh jobs.

Mobile manufacturing employs around 12 lakh people, and women constitute nearly 70 per cent of the workforce in high-precision manufacturing segments.

Key facts
  • Production: seven-fold, over Rs 13 lakh crore
  • Exports: eleven-fold, over Rs 4 lakh crore
  • Jobs supported: around 25 lakh
  • Mobile manufacturing jobs: around 12 lakh

Exam takeaway: The strategy moved from finished products to components and machinery.

Quick revision: Electronics production over Rs 13 lakh crore (PIB, 29 July 2026).

Press Information Bureau original source

Reports, Indices, Science and Technology

IndiaAI Mission: 762 use cases, 58 Centres of Excellence and 543 Data and AI Labs

29 July 2026 | Press Information Bureau

PIB said the IndiaAI Mission has identified 762 AI use cases across 62 Ministries and approved 58 AI Centres of Excellence and 543 Data and AI Labs. The Mission is supported by seven pillars, including the IndiaAI Compute Pillar, Foundation Models and the IndiaAI Application Development Initiative.

The release cites the IT sector's annual revenue of 300 billion dollars and a workforce of 60 lakh.

Key facts
  • AI use cases identified: 762 across 62 Ministries
  • AI Centres of Excellence approved: 58
  • Data and AI Labs approved: 543
  • Mission pillars: seven

Exam takeaway: IndiaAI Foundation Models pillar targets indigenous LLMs.

Quick revision: IndiaAI Mission: 762 use cases, 58 CoEs (PIB, 29 July 2026).

Press Information Bureau original source