Find the current affairs of 1 February 2025. Stay updated with the most important news and events that have occurred on this day. Our daily current affairs updates are carefully curated by GK and Current Affairs experts, ensuring that you receive accurate and relevant information to enhance your competitive exam preparation.
Each update is designed to provide you with a comprehensive overview of the day’s key happenings, including political developments, economic news, technological advancements, and significant social events.
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Highlights of 1 February 2025 Current Affairs
- Indian Government Approves Mutual Credit Guarantee Scheme for MSMEs, providing up to ₹100 crore loan guarantees with 60% coverage for plant and machinery purchases.
- MSMEs with Udyam Registration are eligible, requiring at least 75% of project cost utilization for manufacturing capacity expansion.
- Loans up to ₹50 crore offer an 8-year repayment period, including a 2-year moratorium, with extended terms for higher amounts.
- No guarantee fee in the first year, followed by a 1.5% annual fee for the next three years on the outstanding loan amount.
- India launches ₹34,300 crore National Critical Minerals Mission to secure global mineral assets, enhance domestic mining, and reduce import reliance.
- ISRO successfully launches its 100th rocket, GSLV-F15, placing the NVS-02 satellite into orbit, strengthening India’s NavIC navigation system.
- Mission 300 Africa Energy Summit in Tanzania aims to provide electricity access to 300 million people in Sub-Saharan Africa by 2030.
- Mali, Burkina Faso, and Niger exit ECOWAS, citing diplomatic tensions, reducing the West African economic bloc to 12 member states.
- US President orders a migrant detention center at Guantánamo Bay, marking a major policy move on immigration enforcement.
- China’s EAST reactor sets a new record in fusion energy, maintaining stable plasma for over 1,000 seconds, a breakthrough in clean energy research.
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