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National

2 stories

Union Budget 2026-27 New Government Schemes

Union Budget 2026-27, presented by Finance Minister Nirmala Sitharaman on 1 February 2026, introduced a fresh set of government schemes spanning agriculture, manufacturing, healthcare, education, infrastructure, and services. These initiatives are built around three main goals: faster economic growth, capacity building, and inclusive development towards Viksit Bharat. They serve as key policy tools to enhance social welfare and economic progress.

Key facts

  • Presented by Finance Minister Nirmala Sitharaman on 1 February 2026.
  • Covers sectors like agriculture, manufacturing, healthcare, education, infrastructure, and services.
  • Aimed at faster economic growth, building people's capacity, and inclusive development under Viksit Bharat.

Why it matters for your exam

Crucial for UPSC and Banking aspirants tracking fiscal policy, economic reforms, and government welfare programs.

Parliamentary Panel to Examine National Litigation Policy Formulation

A parliamentary standing committee is set to examine the formulation and implementation of a National Litigation Policy. This comes even though the government previously scrapped the formal plan and instead issued directives to ministries, departments, and public sector undertakings to help reduce unnecessary court cases.

Key facts

  • A parliamentary standing committee will examine the formulation and implementation of the policy.
  • The government had previously scrapped the formal plan in 2025.
  • Directives were issued to ministries, departments, and PSUs to curb unnecessary court litigations.

Why it matters for your exam

Important for UPSC Polity and Governance sections focusing on judicial reforms and administrative policy implementation.

International

2 stories

India and South Korea Reaffirm Bilateral Commitment

India and South Korea have recently reaffirmed their commitment to strengthening bilateral ties by maintaining close communication and consultations on matters of mutual interest in international forums. The engagement highlights continuous diplomatic cooperation, the implementation of summit agreements, and joint handling of multilateral issues.

Key facts

  • Both nations agreed to maintain close communication in international forums.
  • Highlights high-level diplomatic engagement and implementation of past summit agreements.
  • Reinforces cooperation on multilateral issues of mutual interest.

Why it matters for your exam

Relevant for UPSC International Relations regarding India's Act East Policy and bilateral partnerships in the Indo-Pacific.

Sourcestwk.co.kr

BRICS Summit 2026 Preparations in New Delhi

India is hosting the BRICS Summit 2026 in New Delhi, showcasing intense summit diplomacy under India's presidency. The event features key bilateral interactions involving Prime Minister Narendra Modi alongside global leaders like Vladimir Putin and Xi Jinping, alongside corridor conversations and strategic multilateral discussions.

Key facts

  • The BRICS Summit 2026 is being hosted by India in New Delhi.
  • Features key bilateral meetings and summit diplomacy under India's BRICS presidency.
  • Focuses on trade, economy, global issues, and high-level diplomatic meetings.

Why it matters for your exam

Essential for UPSC and Banking general awareness regarding India's presidency of major international groupings and multilateral diplomacy.

Science & Tech

3 stories

Indian Army Hosts Seminar on Space-Based Capabilities

The Indian Army hosted a seminar titled 'Emerging Battlefield: Leveraging Space for Land Forces' at the Manekshaw Centre in New Delhi. The event convened specialists and stakeholders from the Armed Forces, ISRO, DRDO, industry, and academia to assess the expanding role of space-based assets in modern military operations.

Key facts

  • Seminar titled 'Emerging Battlefield: Leveraging Space for Land Forces' held at Manekshaw Centre, New Delhi.
  • Brought together Armed Forces, ISRO, DRDO, industry, and academia stakeholders.
  • Focused on exploring space-based capabilities to strengthen land forces.

Why it matters for your exam

Important for UPSC Defence and Security syllabus and technological advancements in the armed forces.

ISRO and DRDO Transfer Mature Technologies to Private Industry

India's premier R&D organisations, ISRO and DRDO, are increasingly transferring perfected, mature technologies to private industry. This strategic shift leverages the robust R&D capabilities of public laboratories while utilizing the mass production strengths of the private sector.

Key facts

  • ISRO and DRDO are transferring perfected technologies to private industries.
  • Aims to bridge the gap between public research excellence and private sector mass production capabilities.

Why it matters for your exam

Relevant for UPSC Science & Technology and economy topics covering private participation in space and defence manufacturing.

ISRO's EOS-05 Expands Geosynchronous Earth Observation Capabilities

The launch of the EOS-05 mission marked a major milestone for ISRO, establishing its first imaging satellite designed to operate from a geosynchronous orbit. This indigenous space technology enhances India's earth observation, intelligence, surveillance, and reconnaissance (ISR) capabilities.

Key facts

  • EOS-05 is ISRO's first imaging satellite designed for geosynchronous orbit operation.
  • Boosts indigenous earth observation and ISR capabilities.

Why it matters for your exam

Vital for SSC, Banking, and UPSC exams tracking India's recent space missions and satellite developments.

Sourcesiadb.in

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