Home » Daily Current Affairs – 20 February 2026

Daily Current Affairs – 20 February 2026

Current Affairs 20 February 2026

🌍 International Affairs

• G20 Financial Stability Dialogue Updates

  • Finance ministers and central bank governors held consultations to address global debt vulnerabilities and inflation management.

  • Developing economies highlighted rising external debt stress and currency volatility.

  • Multilateral institutions emphasized strengthening sovereign debt restructuring frameworks.

• UN Climate Adaptation Financing Push

  • The United Nations renewed pressure on developed nations to meet climate finance commitments.

  • Adaptation funding needs for developing countries are projected to exceed $300 billion annually by 2030.

  • Small island nations demanded accelerated disbursement mechanisms.

• India–France Strategic Cooperation

  • India and France expanded cooperation in defence manufacturing, space technology, and Indo-Pacific maritime security.

  • Discussions included joint development of next-generation defence platforms and satellite collaboration.


🇮🇳 National Affairs

• Digital India Expansion in Rural Governance

  • The government approved expansion of digital service delivery platforms to over 250,000 gram panchayats.

  • Aim: improve access to e-governance services, digital payments, and rural entrepreneurship.

• National Logistics Policy Implementation Progress

  • Logistics cost reduction strategy targets lowering costs from 13–14% of GDP to ~8% by 2030.

  • Unified Logistics Interface Platform integration expanded for real-time cargo tracking.

• New Medical Colleges Approval Phase

  • Approval granted for additional government medical colleges to strengthen healthcare access in underserved districts.

  • Objective: improve doctor-population ratio and regional medical infrastructure.


💰 Economy & Banking

• RBI Financial Inclusion Drive Intensified

  • Reserve Bank of India encouraged banks to expand digital financial services in semi-urban and rural regions.

  • Focus areas: UPI adoption, micro-insurance coverage, and credit access for MSMEs.

• UPI Transaction Growth Continues

  • Monthly UPI transactions crossed 15 billion transactions, reflecting rapid digital payment adoption.

  • Retail digital payment penetration is driving financial inclusion and reducing cash dependency.

• Public Sector Bank Performance Review

  • PSBs reported improved asset quality with declining NPAs.

  • Capital adequacy ratios remain above regulatory requirements, strengthening banking stability.


🏗 Infrastructure & Development

• National Highway Expansion Progress

  • India’s highway network expansion continues under Bharatmala Phase-I.

  • Target: develop 34,800 km of highways to improve freight efficiency and connectivity.

• Renewable Energy Capacity Growth

  • India’s installed renewable energy capacity surpassed 190 GW.

  • Solar energy remains the dominant contributor to new capacity additions.


⚖️ Government Schemes & Policy

• PM Formalisation of Micro Food Processing Enterprises (PMFME) Scheme

  • Scheme supports micro food processing units with credit-linked subsidies and skill training.

  • Focus on enhancing value chains and rural employment.

• Skill India Digital Training Expansion

  • Online skilling modules introduced for AI, robotics, and data analytics to support future workforce readiness.


🏆 Awards & Honours

• Global Public Service Recognition

  • Indian civil servants and public sector innovators received recognition for digital governance innovation and citizen service delivery improvements.


🏏 Sports News

• ICC Champions Trophy 2026 Preparations

  • Participating nations announced preliminary squads and training schedules.

  • Tournament expected to feature top eight ODI teams based on ICC rankings.

• Badminton World Tour Update

  • Indian shuttlers advanced to quarterfinal stages in international tournaments, improving Olympic qualification rankings.

• Domestic Cricket Achievements

  • Emerging players delivered standout performances in national tournaments, strengthening India’s bench strength ahead of global competitions.


🌐 Science & Technology

• India Advances Semiconductor Mission

  • Incentives and partnerships under the semiconductor mission aim to boost domestic chip manufacturing.

  • Strategic goal: reduce import dependency and strengthen electronics supply chains.

• ISRO Satellite Launch Preparations

  • Upcoming launches aim to enhance communication, weather forecasting, and navigation capabilities.


📅 Important Days

• 20 February – World Day of Social Justice

  • Observed to promote social equality, labour rights, and inclusive development worldwide.


🔎 Key Facts for Exams

  • UPI transactions: 15+ billion monthly

  • Renewable energy capacity: 190+ GW

  • Logistics cost target: reduce to ~8% of GDP

  • Gram panchayats targeted for digital services: 250,000+

  • Climate adaptation funding need: $300 billion/year by 2030