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RAS News Digest — Today's News — 2 July 2026
Newspaper-based news digest for the RPSC RAS exam, dated Today's News — 2 July 2026.
EconomyCommercial LPG cut by up to ₹183.50 — first reduction of 2026
- Oil companies cut the 19-kg commercial LPG cylinder by up to ₹183.50 from 1 July; Delhi's rate fell to ₹2,930 (from ₹3,113.50).
- First cut of 2026 after four hikes totalling ₹1,345 since 7 March amid the West Asia (Iran–Israel) conflict.
- Aviation Turbine Fuel (ATF) was cut ₹5/litre; the 14.2-kg domestic LPG cylinder was left unchanged.
- The move followed easing of Strait of Hormuz supply concerns (ICRA); private retailer Nayara also cut petrol and diesel.
Source: The Hindu / Rajasthan Patrika, 2 Jul 2026
EconomyJune GST up 13.9% to ₹1.95 lakh crore — highest rise in 13 months
- June 2026 gross GST collection was ₹1.95 lakh crore, the highest year-on-year growth in 13 months.
- Growth was driven mainly by imports (~35% rise); domestic-transaction GST grew only about 6.5%.
- GST has completed nine years; imports' share of collections is rising, which experts flagged as a concern.
- Analysts urged fixing the inverted duty structure and input-tax-credit issues.
Source: The Hindu, 2 Jul 2026
Polity & GovernanceMGNREGA replaced by VB-G RAM G; national floor wage ₹300/day
- The Viksit Bharat Guarantee for Rozgar & Ajeevika Mission (Gramin), 'VB-G RAM G', took effect 1 July, replacing MGNREGA (2005).
- A central floor wage of ₹300/day was fixed; guaranteed workdays were raised from 100 to 125.
- 21 States/UTs paying below ₹300 got hikes (UP ₹48, Bihar ₹45, MP ₹39, Rajasthan ₹19).
- The funding pattern shifts more cost to States; critics cited the 2019 Satpathy panel's ₹375/day recommendation.
Source: The Hindu / Indian Express, 2 Jul 2026
International RelationsJapanese PM Takaichi visits India; FS Misri gets one-year extension
- Japanese PM Sanae Takaichi began a state visit to India themed 'Trusted Partners, Shared Vision for Growth & Prosperity'.
- Foreign Secretary Vikram Misri (1989-batch IFS) was given a one-year extension till 14 July 2027.
- India said MoS External Affairs Pabitra Margherita would represent it at Ayatollah Khamenei's funeral in Iran.
- The visit set the stage for major economic, technology and defence announcements.
Source: Indian Express / The Hindu, 2 Jul 2026
DefenceNew Army Chief Gen Dhiraj Seth unveils the 'VIJAY' roadmap
- Gen Dhiraj Seth, the 31st Chief of the Army Staff, unveiled the roadmap 'VIJAY' a day after taking charge.
- VIJAY stands for Vigilance, Innovation, Jointness/Integration, Atmanirbharta and Yodha First.
- It aims to build a technology-enabled, future-ready, multi-domain force through a 'Whole-of-Nation' approach.
- Fresh senior appointments were made across the Air Force and the integrated defence staff.
Source: The Hindu, 2 Jul 2026
Science & TechnologyUN's Independent Scientific Panel on AI warns of 'catastrophic' risks
- The UN's Independent International Scientific Panel on AI released its first preliminary report in Geneva.
- Co-chaired by Yoshua Bengio, the 40-member panel is envisioned as an 'IPCC for AI'.
- It warned that rapid AI capability growth could pose catastrophic risks and cited 'growing evidence of deceptive AI behaviour'.
- It flagged near-term constraints from shortages of energy and high-quality data.
Source: Indian Express, 2 Jul 2026
Polity & GovernanceHigh-Level Committee on Demographic Changes to question States
- The High-Level Committee on Demographic Changes (HLCDC) will seek State data on population and settlement changes since Census 2011.
- PM Modi announced the demography mission on 15 August 2025; the committee was constituted on 26 May 2026.
- It will also seek Election Commission data on names deleted during the Special Intensive Revision (SIR).
- The next Census (2027) will come after a 16-year gap.
Source: The Hindu, 2 Jul 2026
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