CURRENT AFFAIRS

The Union Cabinet of India has approved a partial relaxation of Foreign Direct Investment (FDI) restrictions imposed under Press Note 3 (2020) for countries sharing land borders with India.

The Government of India has accepted the Sixteenth Finance Commission of India recommendation to retain 41% tax devolution to States from the divisible pool of central taxes.

The Government of Maharashtra recently announced a ₹35,000 crore farm loan waiver scheme, reviving concerns over its impact on credit discipline and state finances.

The Employees’ Provident Fund Organisation (EPFO) has approved auto-settlement of small inoperative Provident Fund (PF) accounts with balances of ₹1,000 or less. The decision was taken during the 239th meeting of the Central Board of Trustees (CBT).

The Ministry of Statistics and Programme Implementation (MoSPI) has released a new Gross Domestic Product (GDP) series to provide a more accurate assessment of India’s economy.

India has ranked second globally in the number of children living with overweight and obesity, according to the World Obesity Atlas 2026 released by the World Obesity Federation. The report highlights that rising childhood obesity could significantly increase the burden of non-communicable diseases (NCDs) in India in the coming decades.

India and Canada have signed a long-term uranium supply agreement under which the Canadian company Cameco will supply about 22 million pounds (around 10,000 tonnes) of uranium to India between 2027 and 2035.

Since the announcement of the revamped Disinvestment Policy (2020) and the Public Sector Enterprises (PSE) Policy, 2021, the Union Government initially emphasised strategic disinvestment and privatisation.

The participation of gig workers, contract teachers, and ASHA/Anganwadi workers in the recent nationwide strikes highlighted the severity of the surplus labor trap in India. This situation demonstrates that millions of people are trapped in low-paying and insecure jobs.

Recently, the Union Railway Minister launched the e-Railway Claims Tribunal System as the fourth major reform under Indian Railways’ ambitious initiative “52 Improvements in 52 Weeks.”