1. National Affairs (India) 1.1 Union Budget 2026–27 Highlights Union Budget 2026–27 presented on 01 February 2026 by the Union Finance Minister of India. Fiscal Deficit Target: Approximately 4.5% of GDP, aligned with medium-term fiscal consolidation. Capital Expenditure Allocation: Increased by over 10%, focusing on railways, highways, and digital infrastructure. Agriculture & Rural Development: Enhanced…
Q1. Which ministry launched the Aqua Life Conservation Monitoring Centre under the Namami Gange Mission in January 2026? A. Ministry of Environment, Forest and Climate ChangeB. Ministry of Jal ShaktiC. Ministry of Fisheries, Animal Husbandry and DairyingD. Ministry of Science and Technology Answer: B. Ministry of Jal Shakti Q2. Which endangered aquatic species is specifically…
Q1. India Post recently launched Speed Post 24 and Speed Post 48 services. What is the primary objective of these services? A. To reduce postal tariffs nationwideB. To ensure time-bound guaranteed delivery within 24 and 48 hoursC. To replace private courier servicesD. To introduce international express delivery Answer: B. To ensure time-bound guaranteed delivery within…
1. NATIONAL AFFAIRS — INDIA 1.1 Tamil Nadu to Announce Decision on Old Pension Scheme Tamil Nadu Chief Minister MK Stalin to announce government’s decision on the Old Pension Scheme (OPS) on 3 January 2026. OPS restoration has been long-standing demand of teacher and employee unions; government earlier planned announcement after 6 January. Around 6.24…
National Affairs (India) Union Government Reviews Economic Performance of FY 2025 India’s GDP growth for FY 2024–25 projected at 7.1%, driven by manufacturing, infrastructure spending, and domestic consumption. Gross Tax Revenue crossed ₹34.8 lakh crore, reflecting improved GST and direct tax compliance. Fiscal deficit contained at 5.6% of GDP, aligning with medium-term fiscal consolidation targets….
National Affairs (India) Union Government Reviews FY 2025–26 Fiscal Position Gross tax collections crossed ₹23.8 lakh crore by December 2025, reflecting a year-on-year growth of approximately 13%. Direct tax collections contributed over 55% of total tax revenue, indicating improved compliance and widening of the tax base. Fiscal deficit stood close to 58% of the Budget…
National Affairs (India) Union Government Reviews Fiscal Consolidation Roadmap The Ministry of Finance reaffirmed its commitment to reduce the fiscal deficit to below 4.5% of GDP by FY 2026. Gross tax revenue collection for FY 2025–26 (till November 2025) crossed ₹21.4 lakh crore, reflecting steady growth in GST and direct taxes. Capital expenditure focus remains…
National Affairs (India) The Government of India approved the National Digital Agriculture Mission (NDAM) Expansion Phase with an additional outlay of ₹9,800 crore, aiming to onboard 6 crore farmers onto AI-based advisory platforms by 2027. The Ministry of Road Transport and Highways inaugurated 12 new National Highway stretches across Uttar Pradesh, Madhya Pradesh, and Maharashtra,…
National Current Affairs 1. Government of India Launches National Digital Credit Framework The Union Government unveiled a comprehensive National Digital Credit Framework to improve credit access for MSMEs, small traders, and self-employed individuals. The framework integrates GST data, bank transaction history, UPI usage, and digital footprints for faster loan approvals. Objective: Strengthen formal credit penetration…
National Affairs (India) The Government of India intensified its focus on infrastructure-led growth, with multiple highway, railway and logistics park projects reviewed under the PM Gati Shakti framework. The Ministry of Home Affairs strengthened border management and internal security mechanisms, particularly in sensitive regions, through technology-driven surveillance and coordination initiatives. India’s renewable energy capacity continued…
