CURRENT AFFAIRS

The Financial Intelligence Unit – India (FIU-IND) has issued revised guidelines for reporting entities providing services related to Virtual Digital Assets (VDAs).

The limited success of the Prime Minister's Internship Scheme (PMIS) is no longer just a matter of policy debate, but its impact is also directly visible in government expenditure figures. The poor implementation of the scheme during the financial year 2025–26 has severely impacted the budget utilization of the Ministry of Corporate Affairs. Between April and November 2025, the Ministry was able to spend only about 4% of its total budgetary allocation.

Recently, NITI Aayog released the Export Preparedness Index (EPI) 2024, assessing the export readiness and performance of India’s States and Union Territories (UTs) with the objective of strengthening India’s subnational contribution to global trade.

Recently, the Special Secretary, Central Board of Indirect Taxes and Customs (CBIC) inaugurated the Indian Customs Electronic Gateway–Land Port Management System (ICEGATE–LPMS) at the Integrated Check Post (ICP), Agartala, Tripura, marking a major step towards digitising customs operations at land borders.

Recent analysis indicates that India’s urban growth is increasingly being driven by small towns rather than large metropolitan cities, marking a significant shift in the country’s urbanisation pattern.

The Union Ministry of Agriculture and Farmers Welfare has proposed to merge three ongoing agricultural schemes with its flagship Pradhan Mantri–Rashtriya Krishi Vikas Yojana (PM-RKVY).

The Public Investment Board (PIB) has recently approved the ₹26,070-crore Kamala Hydroelectric Project with an installed capacity of 1,720 MW in Arunachal Pradesh.

India has taken a major step towards sustainable infrastructure as the Union Minister of State for Science and Technology announced the successful technology transfer of “Bio-Bitumen via Pyrolysis: From Farm Residue to Roads.”

Despite a sharp one-day fall of nearly 10% in late December, silver staged a rapid recovery and closed December 2025 with gains exceeding 30%. Over the full year, silver prices surged by more than 160%, significantly outperforming gold and most other asset classes.

The Vikasit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin): VB – G Ram G (Viksit Bharat – G Ram G) Bill, 2025 was introduced in the Lok Sabha on December 16, 2025 by the Union Minister of Rural Development.