Current Affairs India - 31 July 2013

1. The Indian Government today raised interest subvention to 3% from 2% in engineering, textiles among other sectors in order to boost export amid global slowdown and lower demand in the western markets. Commerce minister Anand Sharma also said that some more measures will be announced to boost exports, targeted to rise to USD 325 billion in 2013-14 from USD 300 billion in the previous year.

2. Metro Man E. Sreedharan has been selected for the prestigious Lokmanya Tilak award for 2013 for his outstanding contribution to society. His name was considered as the architect of the ambitious Delhi metro project, was announced by Deepak Tilak who heads the Lokmanya Tilak Trust. The award comprising a gold medal, a citation and Rs one lakh cash, will be conferred on Sreedharan on August 1, Tilak said.

3. India's Aditya Mehta won gold medal of World Snooker Championship at Colombia today. He defeated China's Liang Wenbo by 3-0 in the final to get the medal.