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Monthly current affairs for July 2026

42 News
1 July 2026 AGREEMENTS

The Ministry of Road Transport and Highways (MoRTH) has signed an MoU with Volvo Eicher Commercial Vehicles (VECV), Force Motors, and Pinnacle Mobility Solutions. This agreement integrates these manufacturers into the Cabinet-approved Delhi-NCR Vehicle Replacement Scheme, which has a total outlay of ₹9,585 crore.

1 July 2026 ECONOMY

The World Bank has approved $1.5 billion (₹14,300 crore) in financing to support India's structural reforms aimed at accelerating private sector-led job creation.

This funding is provided under the 'Boosting Job Creation in the Private Sector Development Policy Financing (DPF) Operation'. The initiative aims to generate quality employment opportunities for the 11 million young individuals who enter the Indian workforce annually.

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