Monthly Current Affairs (May 2026) for Government Exams: UPSC, SSC, Banking & More

Introduction

May 2026 marks a significant phase in India’s governance, economy, and global engagement, driven by the beginning of the new financial year. This month witnessed a series of important policy reforms, economic developments, technological advancements, and strategic initiatives that are highly relevant for competitive examinations.

Key highlights of the month include major structural changes in taxation with the implementation of the new Income Tax framework, advancements in digital governance such as preparations for the fully digital Census 2027, and strong momentum in renewable energy and infrastructure development. India also made notable progress in defence modernization, semiconductor manufacturing, and space exploration, reflecting its growing global influence.

On the international front, India strengthened diplomatic ties, contributed to global humanitarian efforts, and actively participated in trade and strategic discussions. Reports, indices, and economic indicators released during the month provide critical insights into India’s growth trajectory and global positioning.

From an exam perspective, May 2026 is important due to:

• Strong Static + Current linkages (Polity, Economy, Environment, Defence)
• Coverage of Government Schemes & Policy Reforms
• Important Reports, Indices, and Data
• Developments in Science & Technology
• Focus on International Relations and Global Events

Overall, this month provides a comprehensive understanding of India’s policy direction, economic priorities, and strategic advancements, making it highly relevant for UPSC, SSC, Banking, Railways, and other competitive exams.

Day-wise Current Affairs

📅 1 & 2 May 2026

🔗 Read Full Article: Daily Current Affairs - 1 & 2 May 2026

✔ Explanation

This period emphasized infrastructure development and financial regulation. Projects like the Ganga Expressway highlight economic connectivity, while SEBI’s PaRRVA framework improves market transparency.

✔ Key Points

• Why in News: UP projects, NBFC reforms

• Important Facts:

  • ₹6,350 crore projects launched

  • NBFC regulatory changes introduced

• Organizations: RBI, SEBI

• Exam Relevance: Infrastructure, financial markets

📅 3  May 2026

🔗 Read Full Article: Daily Current Affairs - 3 & 4 May 2026

✔ Explanation

Focus was on rural development, digital governance, and transport innovation. The launch of PMGSY-IV enhances rural connectivity, while MLFF tolling system reflects smart mobility initiatives.

✔ Key Points

• Why in News: PMGSY-IV, Citizenship Rules

• Important Facts:

  • ₹1,700 crore rural connectivity scheme

  • India’s first barrier-less toll system launched

• Organizations: MoRD, MHA

• Exam Relevance: Governance, infrastructure

📅 4 May 2026

Read Full Article: Daily Current Affairs - 3 & 4 May 2026

PMGSY-IV Launched in Odisha

The Government launched Pradhan Mantri Gram Sadak Yojana-IV (PMGSY-IV) in Odisha with an outlay of nearly ₹1,700 crore to strengthen rural road connectivity. The initiative focuses on connecting remote and tribal habitations through all-weather roads. Improved connectivity is expected to enhance access to healthcare, education, and agricultural markets.

The programme also has strategic importance because many targeted areas are affected by Left-Wing Extremism. Better connectivity strengthens governance outreach and economic development in backward regions.

Key Points

• Ministry: Ministry of Rural Development

• Launch State: Odisha

• Coverage: 898 habitations

• Funding Pattern: 60:40 Centre-State ratio

• Focus: Rural infrastructure & connectivity

• Important for: Rural development & infrastructure

📅 5 May 2026

Read Full Article: Daily Current Affairs - 5 May 2026

Tripura Tops Panchayat Advancement Index (PAI) 2.0

The Panchayat Advancement Index (PAI) 2.0 assessed Gram Panchayat performance across India. Tripura emerged as the top-performing state, highlighting improvements in grassroots governance and decentralisation.

The initiative is linked with localisation of Sustainable Development Goals (SDGs).

Key Points

• Ministry: Ministry of Panchayati Raj

• Top State: Tripura

• Based on: SDG-linked governance indicators

• Constitutional Basis: 73rd Constitutional Amendment

📅 6 May 2026

Read Full Article: Daily Current Affairs - 6 May 2026

HVDC Localisation Roadmap Revised

The Ministry of Power revised localisation norms for High Voltage Direct Current (HVDC) substations under the Make in India initiative.

The phased roadmap targets 60% localisation by FY35.

Key Points

• Technology: HVDC

• Important for renewable energy transmission

• Supports energy security

• Encourages domestic manufacturing

South Coast Railway Zone Notified

India notified the creation of the South Coast Railway Zone headquartered in Visakhapatnam.

This became India’s 18th Railway Zone.

Key Points

• Headquarters: Visakhapatnam

• Operational from June 2026

• Supports logistics and connectivity

ADB Critical Minerals Initiative

The Asian Development Bank launched the Critical Minerals Financing Partnership Facility to strengthen mineral supply chains.

Key Points

• Focus minerals: Lithium, cobalt, nickel

• Supports clean energy transition

• Important for battery manufacturing

Electronic Gold Receipts (EGR) Launched

The National Stock Exchange introduced Electronic Gold Receipts (EGRs) under SEBI regulation.

The initiative modernises India’s gold trading ecosystem.

Key Points

• Digital gold trading mechanism

• Backed by physical gold

• SEBI regulated

📅 7 May 2026

Read Full Article: Daily Current Affairs - 7 May 2026

Semiconductor Manufacturing Projects Approved

The Union Cabinet approved two semiconductor projects worth ₹3,936 crore under the India Semiconductor Mission (ISM).

The projects strengthen India’s semiconductor ecosystem and reduce import dependency.

Key Points

• Locations: Gujarat

• Technology: GaN & OSAT

• Objective: Domestic chip manufacturing

• Supports Atmanirbhar Bharat

ECLGS 5.0 Approved

The Government approved Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 to support businesses affected by global disruptions.

Key Points

• Outlay: ₹18,100 crore

• Supports MSMEs & airlines

• Implemented through NCGTC

India Remains Top Remittance Recipient

The IOM World Migration Report 2026 stated that India remained the world’s top remittance recipient.

Key Points

• Remittance inflow: USD 137 billion

• Released by: IOM

• USA remained top remittance-sending country

📅 8 May 2026

Read Full Article: Daily Current Affairs - 8 May 2026

Sugarcane FRP Increased

The Government increased the Fair and Remunerative Price (FRP) of sugarcane to ₹365 per quintal.

Key Points

• Approved by CCEA

• Effective from October 2026

• Supports farmer income

India-EU EV Battery Recycling Initiative

India and the European Union launched a EUR 15.2 million EV battery recycling programme.

Key Points

• Focus: Lithium & cobalt recycling

• Framework: India-EU TTC

• Supports circular economy

India’s First Urban Atmospheric Observatory

IITM Pune established India’s first Urban Testbed and Aerosol Observatory in Chennai.

Key Points

• Ministry: MoES

• Focus: Weather forecasting & pollution monitoring

• Supports urban climate resilience

SEBI Launches Cyber-suraksha.ai

SEBI launched a task force to tackle AI-driven cybersecurity threats in financial markets.

Key Points

• Focus: AI cyber threats

• Sector: Financial markets

• Improves cyber resilience

📅 9 May 2026

Read Full Article:

Daily Current Affairs - 9 May 2026

India-Vietnam Relations Strengthened

Vietnamese President To Lam visited India to strengthen cooperation in defence, trade, maritime security, and technology.

Key Points

• 13 MoUs signed

• Trade target: USD 25 billion

• Linked with Act East Policy

NCRB Crime in India 2024 Report

The NCRB released the Crime in India 2024 report showing a decline in overall crime rate.

Key Points

• Total crimes: 58.86 lakh

• Highest metropolitan crime: Delhi

• Suicide cases: 1.7 lakh+

DRDO Tests TARA Glide Weapon

DRDO and the Indian Air Force successfully tested the TARA glide weapon.

Key Points

• Indigenous precision-guided weapon

• Supports 250-500 kg bombs

• Enhances defence self-reliance

📅 10 May 2026

Read Full Article: Daily Current Affairs - 10 & 11 May 2026

11 Years of Jan Suraksha Schemes Completed

The Government of India completed 11 years of its flagship social security schemes — Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), and Atal Pension Yojana (APY). These schemes were launched in 2015 to strengthen financial inclusion and social security coverage for economically weaker sections and workers in the unorganised sector.

Over the years, these initiatives have significantly improved insurance penetration and pension awareness through banks, digital platforms, and the JAM Trinity framework.

Key Points

• Launch Date: 9 May 2015

• Launched By: Prime Minister Narendra Modi

• Launch Place: Kolkata

• PMJJBY Beneficiaries: 27.43 crore+

• PMSBY Enrolments: 58.09 crore+

• APY Subscribers: 9.04 crore+

• APY Regulator: PFRDA

• Important for: Financial inclusion & social security
   

MoHFW Launches JANANI Digital Healthcare Platform

The Ministry of Health and Family Welfare launched the JANANI platform for maternal and child healthcare monitoring. The platform creates longitudinal digital health records for women and children covering pregnancy, childbirth, immunisation, and postnatal care.

The initiative strengthens India’s digital healthcare ecosystem under the Ayushman Bharat Digital Mission (ABDM).

Key Points

• Full Form: Journey of Antenatal, Natal and Neonatal Integrated Care

• Ministry: MoHFW

• Integrated Platforms: U-WIN, POSHAN, ABHA

• Features: QR-enabled health cards & high-risk pregnancy alerts

• Objective: Improve maternal & child healthcare monitoring

India’s First Plastic Waste-Based Phoenix Geocell Developed

CSIR-CRRI and BPCL jointly developed Phoenix Geocell, India’s first geocell made entirely from mixed plastic waste.

The innovation supports sustainable infrastructure development and circular economy practices by converting waste plastic into road construction material.

Key Points

• Developed by CSIR-CRRI & BPCL

• Made from mixed plastic waste

• Improves soil stability and road durability

• Pilot project conducted on NH-148NA

• Supported by NHAI

IndiaAI and ICMR Sign MoU for AI in Healthcare

IndiaAI and ICMR signed an MoU to promote ethical and responsible use of Artificial Intelligence in healthcare.

The collaboration aims to improve disease prediction, diagnostics, healthcare datasets, and AI innovation ecosystems.

Key Points

• Organisations: IndiaAI & ICMR

• Ministry: MeitY

• Platform: AIKosh

• Focus: Ethical AI in healthcare

• Supports digital health innovation

📅 11 May 2026

🔗 Read Full Article: Daily Current Affairs - 10 & 11 May 2026

11 Years of Jan Suraksha Schemes

The Government of India completed 11 years of its flagship social security initiatives:

• Pradhan Mantri Suraksha Bima Yojana (PMSBY)
• Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
• Atal Pension Yojana (APY)

These schemes were launched on 9 May 2015 by Prime Minister Narendra Modi in Kolkata to improve financial inclusion, insurance penetration, and pension security for economically weaker sections and workers in the unorganised sector.

Over the last decade, these schemes have significantly expanded access to affordable insurance and pension services through the banking system and digital financial infrastructure. The success of these initiatives is considered a major achievement under the broader JAM Trinity (Jan Dhan-Aadhaar-Mobile) framework.

Key Points

• PMJJBY enrolment crossed 27.43 crore
• PMSBY enrolment crossed 58.09 crore
• APY subscribers exceeded 9.04 crore
• PMJJBY provides low-cost life insurance coverage
• PMSBY offers accidental insurance coverage up to ₹2 lakh
• APY provides pension security for unorganised workers
• Schemes support financial inclusion and social security expansion

JANANI Digital Healthcare Platform Launched

The Ministry of Health and Family Welfare (MoHFW) launched the JANANI platform during the National Summit on Innovation and Inclusivity in Chandigarh.

JANANI stands for:
Journey of Antenatal, Natal and Neonatal Integrated Care

The platform was introduced as an upgraded digital healthcare monitoring system for maternal and child healthcare services across India.

It aims to strengthen:

• Pregnancy tracking
• Institutional delivery monitoring
• Child healthcare services
• High-risk pregnancy identification
• Digital health records

The initiative aligns with the goals of the Ayushman Bharat Digital Mission (ABDM) and aims to improve healthcare accessibility through interoperable digital systems.

Key Points

• QR-enabled Mother and Child Health Cards introduced
• Integrates with U-WIN, POSHAN, and ABHA
• Supports real-time healthcare monitoring
• Enables Aadhaar-based authentication
• Helps reduce maternal and child mortality risks

India Develops Plastic Waste-Based “Phoenix Geocell”

The CSIR-Central Road Research Institute (CSIR-CRRI) and BPCL developed India’s first technical textile geocell made completely from mixed plastic waste called Phoenix Geocell.

The innovation supports:

• Sustainable infrastructure
• Plastic waste management
• Circular economy practices
• Road durability enhancement

The project was successfully demonstrated on the DND-Faridabad-KMP Expressway with support from NHAI.

Key Points

• Made entirely from recycled mixed plastic waste
• Improves soil stability and road strength
• Supports eco-friendly infrastructure development
• Recognized by India Book of Records and Asia Book of Records

IndiaAI and ICMR Sign MoU for AI in Healthcare

The IndiaAI Mission and Indian Council of Medical Research (ICMR) signed an MoU to promote ethical use of Artificial Intelligence in healthcare.

The collaboration aims to:

• Improve disease prediction systems
• Strengthen AI-driven medical research
• Build healthcare AI datasets
• Support digital health innovation

Key Points

• AIKosh platform to host healthcare datasets
• Focus on responsible AI usage
• Supports healthcare startups and innovators
• Strengthens India’s digital health ecosystem

Lt Gen NS Raja Subramani Appointed as New CDS

The Government appointed Lieutenant General NS Raja Subramani as India’s 3rd Chief of Defence Staff (CDS).

The appointment is important for:

• Defence reforms
• Military modernisation
• Joint theatre command integration

Key Points

• Succeeds General Anil Chauhan
• CDS heads the Department of Military Affairs
• Vice Admiral Krishna Swaminathan appointed as new Navy Chief
• Supports integrated defence planning

📅 12 May 2026

🔗 Read Full Article: Daily Current Affairs - 12 May 2026

PM Narendra Modi Launches Projects Worth ₹9,400 Crore

Prime Minister Narendra Modi visited Karnataka and Telangana and inaugurated multiple infrastructure, industrial, healthcare, and highway projects worth nearly ₹9,400 crore. The biggest highlight was the inauguration of India’s first operational PM MITRA Park in Warangal, Telangana under the PM Mega Integrated Textile Region and Apparel Scheme.

The visit reflected the Government’s emphasis on industrial development, textile exports, infrastructure modernization, and employment generation under the broader vision of Atmanirbhar Bharat and Make in India.

Key Points

• PM MITRA Park launched in Warangal, Telangana
• NH-167 four-laning project inaugurated
• Projects related to healthcare, petroleum, and industrial development launched
• Focus on textile manufacturing and export competitiveness
• Infrastructure projects worth nearly ₹9,400 crore

RBI and ECB Sign MoU

The Reserve Bank of India (RBI) signed a renewed Memorandum of Understanding with the European Central Bank (ECB) during the Bank for International Settlements (BIS) meeting in Basel, Switzerland.

The agreement aims to improve cooperation in:

• Monetary policy
• Banking regulation
• Financial stability
• Cross-border payment systems

This is important for Banking Awareness and global financial governance topics.

Key Points

• Agreement signed by Dr. Sanjay Malhotra and Christine Lagarde
• Enhances central banking cooperation
• Supports global financial stability coordination
• Important for fintech and digital payment regulation

DRDO Conducts 1,200-Second Scramjet Test

The Defence Research and Development Organisation (DRDO) successfully tested an actively cooled full-scale scramjet combustor for over 1,200 seconds.

This marks a major advancement in India’s Hypersonic Cruise Missile Programme.

Key Points

• Conducted by DRDL Hyderabad
• Hypersonic systems travel above Mach 5
• Strengthens India’s strategic deterrence capability
• Supports indigenous defence technology development

📅 13 May 2026

🔗 Read Full Article: Daily Current Affairs - 13 May 2026

PMGSY-IV Launched

Union Minister Shivraj Singh Chouhan launched Pradhan Mantri Gram Sadak Yojana-IV (PMGSY-IV) in Madhya Pradesh.

The programme focuses on:

• Rural road connectivity
• Agricultural market access
• Tribal region infrastructure
• Inclusive rural development

Key Points

• 973 roads approved in Madhya Pradesh
• Total road length: 2,117.52 km
• Allocation: ₹1,763 crore
• PMAY-G allocation: ₹2,055 crore

SEHAT Mission Launched

The Government launched the SEHAT Mission jointly through ICAR and ICMR.

The mission integrates:

• Agriculture
• Nutrition
• Preventive healthcare
• Sustainable food systems

Key Points

• Full Form: Science Excellence for Health through Agricultural Transformation
• Focus on nutrition-based healthcare
• Links agriculture with public health
• Supports preventive healthcare policies

AI Chatbot ‘Su Sahay’ Introduced in Judiciary

Chief Justice of India Surya Kant announced:

• One Case One Data initiative
• AI-powered chatbot Su Sahay

The initiative aims to improve judicial transparency and digital governance.

Key Points

• Developed with support from NIC
• Provides digital identity for court cases
• Strengthens e-Courts ecosystem
• Enhances judicial accessibility

📅 14 May 2026

🔗 Read Full Article: Daily Current Affairs - 14 May 2026

VB-G RAM G Act 2025 Replaces MGNREGA

The Ministry of Rural Development notified implementation of the VB-G RAM G Act, 2025, replacing MGNREGA from 1 July 2026.

The scheme expands guaranteed employment from 100 days to 125 days.

Key Points

• Focus on climate resilience and rural infrastructure
• DBT-enabled wage payments
• Watershed and ecological restoration projects included
• Linked with Viksit Bharat@2047

India Launches Bharat Maritime Insurance Pool (BMIP)

India launched the USD 1.5 Billion Bharat Maritime Insurance Pool (BMIP) to provide maritime risk coverage for Indian ships.

Key Points

• Reduces dependence on foreign insurers
• Supports maritime trade continuity
• Important for Blue Economy and shipping security
• Backed by sovereign guarantee

India’s First Integrated CCUS Facility

India launched its first integrated Carbon Capture, Utilisation and Storage (CCUS) facility at IIT Bombay.

The facility studies carbon storage in Deccan Trap basalt formations.

Key Points

• Supports Net Zero target
• Important for industrial decarbonisation
• Uses geological carbon sequestration
• Relevant for climate policy and sustainability

📅 15 May 2026

🔗 Read Full Article: Daily Current Affairs - 15 May 2026

₹37,500 Crore Coal Gasification Scheme Approved

The Union Cabinet approved a massive scheme to promote surface coal and lignite gasification projects.

The initiative supports:

• Energy security
• Import substitution
• Cleaner coal technologies

Key Points

• Total outlay: ₹37,500 crore
• Linked with National Coal Gasification Mission
• Supports fertilizer and chemical production
• Reduces LNG and methanol imports

Unified Bharat e-Charge Platform Launched

The Government launched the Unified Bharat e-Charge (UBC) platform to integrate EV charging infrastructure across India.

Key Points

• Developed by BHEL
• Supported by NPCI
• Real-time EV charging information
• Supports green mobility ecosystem

LEADS 2025 Report Released

Union Minister Piyush Goyal released the Logistics Ease Across Different States (LEADS) 2025 Report.

Top Exemplars

• Tamil Nadu
• Uttar Pradesh
• Mizoram
• Delhi

Importance

• Measures logistics performance
• Supports National Logistics Policy
• Important for supply-chain efficiency

📅 16 &17 May 2026

🔗 Read Full Article: Daily Current Affairs - 16 & 17 May 2026
 

Ahmedabad-Dholera Rail Project Approved

The Cabinet approved the Ahmedabad-Dholera Semi High-Speed Rail Project.

Key Points

• Cost: ₹20,667 crore
• Speed capability: 220 kmph
• Supports Dholera Smart City
• India’s first indigenous semi high-speed rail corridor

India Chairs Global Cybersecurity Body CCDB

India assumed chairmanship of the Common Criteria Development Board (CCDB) for 2026-2028.

Key Points

• Enhances India’s cybersecurity leadership
• Operates under CCRA framework
• Supports global IT security standards

UN Global Forest Goals Report 2026

The UN report highlighted rising global forest loss due to:

• Fuelwood demand
• Agricultural expansion

Key Points

• Forest cover declined between 2015-2025
• Major impact in Africa and South America
• Important for climate change preparation

India’s AI Combat Aircraft ‘Kaal Bhairava’

Indian company FWDA announced overseas manufacturing of AI-powered combat aircraft Kaal Bhairava in Portugal.

Key Points

• AI-enabled UCAV system
• MALE category aircraft
• Supports indigenous aerospace innovation
• Important for defence modernization
   

📅 18 May 2026

🔗 Read Full Article: Daily Current Affairs - 16, 17 & 18 May 2026 

Ahmedabad-Dholera Rail Project Approved

The Union Cabinet approved the Ahmedabad (Sarkhej)-Dholera Semi High-Speed Double-Line Railway Project worth ₹20,667 crore. The project is strategically important because it will connect Ahmedabad with the upcoming Dholera Special Investment Region (SIR) under the Delhi-Mumbai Industrial Corridor.

The project is India’s first indigenous semi high-speed rail corridor capable of operating at speeds up to 220 kmph. It reflects India’s increasing focus on industrial logistics, smart cities, and transportation modernization.

Key Points

• Project Length: 134 km
• Maximum Speed: 220 kmph
• Completion Target: 2030-31
• Nodal Ministry: Ministry of Railways
• Strategic Link: Dholera Smart City under DMIC

India Assumes Chairmanship of CCDB

India assumed the chairmanship of the Common Criteria Development Board (CCDB) under the Common Criteria Recognition Arrangement (CCRA). This development strengthens India’s role in global cybersecurity governance.

The leadership position demonstrates growing international confidence in India’s IT security certification ecosystem.

Key Points

• Tenure: April 2026 - April 2028
• Representing Ministry: MeitY
• Indian Certification Body: STQC Directorate
• Meeting Venue: Tokyo, Japan

Tripura Completes Deregulation Reforms

Tripura became the first Indian state to complete all priority areas under Deregulation Phase I and II reforms aimed at improving ease of doing business.

The reforms simplified governance procedures in industries, labour, urban development, tourism, health, and digital governance.

Key Points

• Total priority areas completed: 51
• Focus areas included labour, industries, environment, and tourism
• Objective: Ease of Doing Business

UN Global Forest Goals Report 2026

The United Nations released the Global Forest Goals Report 2026, highlighting rising global forest loss caused mainly by fuelwood demand and agricultural expansion.

The report emphasized climate change, biodiversity conservation, and sustainable development concerns.

Key Points

• Global forest cover declined between 2015-2025
• Major regions affected: Africa and South America
• Main cause: Agricultural expansion

ICICI Bank Launches USD Debit Card for NRIs

ICICI Bank and Visa launched India’s first USD-denominated debit card for Non-Resident Indians through GIFT City.

The initiative supports India’s ambition to strengthen GIFT City as a global financial hub.

Key Points

• Target users: NRIs
• Key feature: Zero forex markup fee
• Platform: GIFT City IFSC

📅 19 May 2026

🔗 Read Full Article: Daily Current Affairs - 19 May 2026 

India Strengthens Caribbean Relations

External Affairs Minister Dr. S. Jaishankar visited Jamaica, Suriname, and Trinidad & Tobago to strengthen India’s diplomatic engagement with Caribbean nations.

The visit focused on health cooperation, solarisation, infrastructure, and diaspora engagement.

Key Points

• Countries visited: Jamaica, Suriname, Trinidad & Tobago
• Focus areas: Healthcare, infrastructure, broadcasting
• Strategic relevance: Global South diplomacy

Mission Sikkim Organics Launched

The government launched Mission Sikkim Organics with an outlay of ₹360 crore to strengthen organic agriculture in Sikkim.

Sikkim is India’s first fully organic state, making the initiative important for sustainable agriculture.

Key Points

• Budget: ₹360 crore
• Ministry: MDoNER
• Focus: Organic farming and eco-friendly agriculture

PFRDA Introduces Retirement Income Scheme

The Pension Fund Regulatory and Development Authority (PFRDA) introduced a new framework under the National Pension System (NPS).

The reform allows subscribers to continue investments till the age of 85 years.

Key Points

• Earlier limit: 75 years
• New limit: 85 years
• Tax-free withdrawal: 60%

India’s First AI-Powered Phygital Bank Branch

Slice Small Finance Bank launched India’s first AI-powered phygital banking branch in Guwahati, Assam.

The initiative combines physical banking with AI-driven digital services.

Key Points

• Location: Guwahati
• Technology: Artificial Intelligence
• Objective: Financial inclusion and digital banking

India’s First SME-led Semiconductor Facility

India inaugurated its first SME-led semiconductor ATMP/OSAT facility in Rajasthan.

The project strengthens India’s semiconductor ecosystem under the Semicon India Programme.

Key Points

• Company: Sahasra Semiconductors Pvt. Ltd.
• Location: Bhiwadi, Rajasthan
• Investment: ₹150 crore+

📅 20 May 2026

🔗 Read Full Article: Daily Current Affairs - 20 May 2026 

Coffee of Nagaland Mission

The Ministry of Development of North Eastern Region launched the Coffee of Nagaland Mission worth ₹175 crore.

The mission aims to improve coffee cultivation, exports, and tourism in Nagaland.

Key Points

• Investment: ₹175 crore
• Coffee types: Arabica and Robusta
• Focus: Branding and export promotion

NIOS Initiative for Out-of-School Children

The National Institute of Open Schooling launched an initiative to reconnect out-of-school children with formal education under NEP 2020.

Key Points

• Target group: 14-18 years
• Linked Policy: National Education Policy 2020
• Focus: Flexible learning and inclusive education

AMCA Programme Facility

Defence Minister Rajnath Singh laid the foundation for the Advanced Medium Combat Aircraft (AMCA) programme facility in Andhra Pradesh.

The project supports India’s indigenous fifth-generation stealth fighter aircraft programme.

Key Points

• Investment: ₹15,000 crore
• Implementing Agency: ADA under DRDO
• Aircraft Type: Fifth-generation stealth fighter

USA Approves Defence Packages for India

The United States approved defence sustainment packages worth USD 428 million for India.

The packages support Apache helicopters and M777 ultra-light howitzers.

Key Points

• Related systems: Apache helicopters, M777 howitzers
• Focus: Maintenance and operational support
• Strategic relevance: India-USA defence partnership

📅 21 May 2026

🔗 Read Full Article: Daily Current Affairs - 21 May 2026 

BIS Notifies E22-E30 Fuel Norms

The Bureau of Indian Standards notified specifications for E22, E25, E27, and E30 ethanol-blended fuel categories.

The move supports India’s energy security and renewable fuel transition goals.

Key Points

• Standard: IS 19850:2026
• Objective: Reduce crude oil imports
• Ministry: Ministry of Consumer Affairs

CBI Launches AI-Based ABHAY Platform

The Central Bureau of Investigation launched ABHAY, an AI-powered helpbot to verify fake notices and prevent cyber fraud.

The platform enables real-time authentication of suspicious notices.

Key Points

• Technology: Artificial Intelligence
• Objective: Prevent digital arrest scams
• Feature: 24×7 notice authentication

Ayush Anudan Portal

The Ministry of AYUSH launched the Ayush Anudan Portal under the Ayush Grid initiative.

The platform digitizes grant application and approval processes.

Key Points

• Ministry: Ministry of AYUSH
• Initiative: Ayush Grid
• Objective: Digital governance

PM Modi Visits Netherlands

Prime Minister Narendra Modi visited the Netherlands and elevated bilateral relations to a Strategic Partnership.

The visit focused on semiconductors, green energy, and trade cooperation.

Key Points

• Dutch PM: Rob Jetten
• Major cooperation: Semiconductor technology
• Important agreement: ASML-TATA Electronics cooperation

📅 22 May 2026

🔗 Read Full Article: Daily Current Affairs - 22 May 2026 

Arunachal Kiwi Mission

The government launched the Arunachal Kiwi Mission to strengthen kiwi cultivation through a value-chain model.

The mission supports agricultural diversification and farmer income enhancement.

Key Points

• Budget: ₹167 crore
• State: Arunachal Pradesh
• Focus: Cold chain and post-harvest management

PRAGATI 2026 Military Exercise

India launched the multinational military exercise PRAGATI 2026 in Meghalaya.

The exercise focuses on counter-terrorism and jungle warfare.

Key Points

• Organised by: Indian Army
• Participating nations: 12
• Strategic doctrine: SAGAR

PM Modi’s Sweden Visit

Prime Minister Narendra Modi visited Sweden and strengthened India-Nordic cooperation.

India and Sweden expanded partnerships in innovation, semiconductors, and space technology.

Key Points

• Swedish PM: Ulf Kristersson
• Major mission cooperation: Shukrayaan Mission
• Honour received: Royal Order of Polar Star

NCDEX Launches Weather Derivatives Contract

NCDEX launched India’s first weather derivatives contract named RAINMUMBAI.

The contract helps businesses hedge rainfall-related financial risks.

Key Points

• Exchange: NCDEX
• Data Source: IMD
• Developed with: IIT Bombay

📅 23 May 2026

🔗 Read Full Article: Daily Current Affairs - 23 May 2026 

UMMID Phase-II Launched

The government launched UMMID Phase-II under the Department of Biotechnology.

The programme strengthens India’s rare disease diagnostics ecosystem.

Key Points

• Ministry: Department of Biotechnology
• New Centres: 25 NIDAN Kendras
• Focus: Genetic diagnostics and counselling

India Hosts APO Governing Body Meeting

India hosted the 68th Session of the Asian Productivity Organization Governing Body Meeting in New Delhi.

The meeting focused on productivity-led growth under APO Vision 2030.

Key Points

• Headquarters: Tokyo, Japan
• Venue: Bharat Mandapam
• Focus: Sustainable productivity growth

PM Modi’s Norway Visit

Prime Minister Narendra Modi visited Norway and elevated bilateral ties to a Green Strategic Partnership.

The visit emphasized renewable energy, maritime cooperation, and digital development.

Key Points

• Norwegian PM: Jonas Gahr Støre
• Major initiative: India-Norway Digital Development Partnership
• Strategic focus: Clean energy cooperation

Chandrayaan-3 Receives Global Recognition

ISRO received the 2026 Goddard Astronautics Award from AIAA for the Chandrayaan-3 mission.

The award recognized India’s successful lunar mission achievements.

Key Points

• Organisation: ISRO
• Awarding Body: AIAA
• Mission: Chandrayaan-3

📅 24 May 2026

🔗 Read Full Article: Daily Current Affairs - 24 & 25 May 2026 

JEEVAN App and SHATAYU Dashboard Launched

The Ministry of Social Justice and Empowerment launched the JEEVAN mobile app and SHATAYU dashboard for senior citizens.

The initiative supports elderly welfare, digital inclusion, and geriatric care.

Key Points

• Ministry: MSJE
• Focus: Elder care and welfare delivery
• Target Group: Senior citizens

ANRF Selects Research Centres of Excellence

The Anusandhan National Research Foundation selected 10 institutions under the Convergence Research Centres of Excellence programme.

The initiative supports multidisciplinary research and innovation.

Key Points

• Funding: Up to ₹25 crore
• Focus Areas: AI, robotics, sustainability
• Policy Linkage: NEP 2020

PM Modi Visits Italy

Prime Minister Narendra Modi visited Italy and elevated bilateral relations to a Special Strategic Partnership.

India and Italy expanded cooperation in defence, critical minerals, and climate research.

Key Points

• Italian PM: Giorgia Meloni
• Trade Target: EUR 20 billion by 2029
• Honour: Agricola Medal

RBI Transfers Record Dividend

The Reserve Bank of India approved a record surplus transfer of ₹2.87 lakh crore to the Government of India.

The transfer strengthens government finances and fiscal management.

Key Points

• Amount: ₹2,86,588.46 crore
• RBI Governor: Dr. Sanjay Malhotra
• CRB Ratio: 6.5%

Agni-1 Missile Test

India successfully test-fired the Agni-1 ballistic missile, strengthening strategic deterrence capabilities.

Key Points

• Missile Type: Ballistic missile
• Strategic importance: Nuclear deterrence
• Conducted by: Strategic Forces Command

📅 25 May 2026

Read Full Article

Daily Current Affairs - 24 & 25 May 2026

JEEVAN App and SHATAYU Dashboard Launched

The Ministry of Social Justice and Empowerment (MSJE) launched the JEEVAN Mobile Application and SHATAYU Dashboard to improve welfare delivery for senior citizens. The initiative reflects India's increasing focus on elderly care, digital inclusion, and social security.

The JEEVAN platform integrates welfare schemes, emergency services, support programmes, and information services for senior citizens. The SHATAYU Dashboard provides real-time information on trained geriatric caregivers across districts and states, helping policymakers identify gaps in elderly care infrastructure.

Key Points

• JEEVAN = Joint Elderly Empowerment & Virtual Assistance Network
• SHATAYU = Senior Holistic Care Assistance and Training For Your Utility
• Ministry: MSJE
• Focus: Senior Citizen Welfare
• Supports Digital Governance

ANRF Selects 10 Centres of Excellence

The Anusandhan National Research Foundation (ANRF) selected ten institutions under the Convergence Research Centres of Excellence Programme. The initiative aims to promote interdisciplinary research across AI, robotics, sustainability, digital humanities, and computational sciences.

Static GK Link

• ANRF linked with National Education Policy (NEP) 2020
• Funding up to ₹25 crore
• Duration: 5 Years

PM Narendra Modi's Italy Visit

India and Italy elevated their bilateral ties to a Special Strategic Partnership (SSP). Both countries signed agreements in defence, critical minerals, maritime cooperation, agriculture, and climate research.

Key Facts

• Italy PM: Giorgia Meloni
• Trade Target: EUR 20 Billion by 2029
• FAO Agricola Medal awarded to PM Narendra Modi
• 2027 declared Year of Culture and Tourism

RBI Transfers Record Dividend

The Reserve Bank of India (RBI) approved a record dividend transfer of ₹2.87 lakh crore to the Government of India.

Why Important?

This strengthens government finances and provides additional fiscal space for welfare and infrastructure spending.

Static GK Link

• Governed by Section 47 of RBI Act, 1934
• RBI Governor: Dr. Sanjay Malhotra
• CRB maintained at 6.5%

Agni-1 Missile Test

India successfully tested the Agni-1 Short Range Ballistic Missile from Chandipur, Odisha.

Key Facts

• Conducted under Strategic Forces Command
• Nuclear-capable missile
• Strengthens India's strategic deterrence

📅 26 May 2026

Read Full Article

Daily Current Affairs - 26 May 2026

BHAVYA Scheme Guidelines Released

The Department for Promotion of Industry and Internal Trade (DPIIT) released guidelines for implementing the BHAVYA (Bharat Audyogik Vikas Yojana) scheme.

Key Features

• Outlay: ₹33,660 crore
• 100 Industrial Parks
• Linked with Make in India
• Supports PM Gati Shakti

Suryastra Rocket System Flagged Off

Defence Minister Rajnath Singh inaugurated the NIBE Defence Manufacturing Complex in Maharashtra and flagged off Suryastra, India's indigenous 300-km Universal Rocket Launching System.

New Space-Tech Facilities

The Department of Space approved:

• Space Manufacturing Park (Gujarat)
• Space Vehicles Cluster (Tamil Nadu)

These facilities support private participation in India's growing space ecosystem.

India Supports Ethiopia's WTO Accession

India signed a bilateral protocol supporting Ethiopia's accession to the WTO.

Static GK

• WTO HQ: Geneva
• Established: 1995
• Replaced GATT

📅 27 May 2026

Read Full Article

Daily Current Affairs - 27 May 2026

IBCA Pre-Summit in Bhopal

The International Big Cat Alliance (IBCA) Pre-Summit was held in Bhopal.

Highlights

• Saudi Arabia became 26th member
• Focus on conservation of seven big cat species
• Linked with International Day for Biological Diversity

Static GK

• Project Tiger launched in 1973
• Madhya Pradesh = Tiger State of India

RBI Cooling-Off Rule for Cooperative Banks

RBI introduced a 3-year cooling-off period for directors of Urban and Rural Cooperative Banks after completing ten consecutive years.

SIDBI MSME Initiatives

Finance Minister Nirmala Sitharaman launched:

• SIDBI-RRB Co-Lending Platform
• MoRE Programme
• Micro Credit Card Scheme

79th World Health Assembly

WHO conducted the 79th World Health Assembly in Geneva.

Key Themes

• Stroke
• Tuberculosis
• Antimicrobial Resistance (AMR)
• Precision Medicine

📅 28 May 2026

Read Full Article

Daily Current Affairs - 28 May 2026

Sports Governance Reforms

The government notified:

• National Sports Board (NSB)
• National Sports Tribunal (NST)

under the National Sports Governance Act, 2025.

PM-AJAY Portal Launched

The PM-AJAY Portal and mobile application were launched to digitize welfare delivery for Scheduled Castes.

11th QUAD Foreign Ministers' Meeting

Held in New Delhi.

Key Outcomes

• Indo-Pacific Maritime Surveillance Collaboration
• Energy Security Initiative
• Critical Minerals Cooperation
• AI-ENGAGE Programme

QUAD Members

• India
• USA
• Japan
• Australia

India Semiconductor Mission Portal

The Investors Support Portal was launched to facilitate semiconductor investments under the Semicon India Programme.

📅 29 May 2026

Read Full Article

Daily Current Affairs - 29 May 2026

SARTHAK-PDS Scheme Approved

The Cabinet approved SARTHAK-PDS with an outlay of ₹25,530 crore.

Benefits

• Modernization of PDS
• Improved foodgrain movement
• Better transparency
• Support to 81.35 crore beneficiaries

India-US Critical Minerals Framework

India and the United States signed a framework to secure supply chains for critical minerals and rare earth elements.

AMCA Fighter Programme

The Ministry of Defence issued RFP for the Advanced Medium Combat Aircraft (AMCA).

Key Facts

• India's first indigenous fifth-generation fighter
• Estimated cost: ₹15,000 crore
• Implemented by ADA and DRDO

Loktak Protocluster Discovery

Scientists discovered the Loktak Protocluster, estimated to be 12.6 billion years old, providing insights into early galaxy formation.

📅 30 May 2026

Read Full Article

Daily Current Affairs - 30 May 2026

National Health Accounts FY23

Government Health Expenditure increased from ₹1.30 lakh crore in FY14 to ₹3.85 lakh crore in FY23.

Key Statistics

• Total Health Expenditure: ₹8.81 lakh crore
• Share of GDP: 3.37%

NeSDA 2025 Portal

DARPG launched the National e-Governance Service Delivery Assessment (NeSDA) Portal.

AI-Based Su-30MKI Maintenance

The Indian Air Force partnered with IIT Bombay for AI-driven predictive maintenance of Su-30MKI aircraft.

India's First Stratospheric Balloon

The VISTA Balloon under Mission SANA reached an altitude of approximately 25 km, placing India among a select group of nations possessing indigenous SPB technology.

📅 31 May 2026

Read Full Article

Daily Current Affairs - 31 May 2026

Logistics Port Performance Index (LPPI)

The Ministry of Ports launched LPPI to benchmark Indian port efficiency.

Two New SEZs in Puducherry

Approved investment:

• ₹725 crore IT/ITES SEZ
• ₹1,250 crore Multi-Sector SEZ

India-Canada CEPA Discussions

Both nations aim to finalize CEPA by the end of 2026 and target bilateral trade of USD 50 billion by 2030.

Chandrayaan-2 Lunar Ice Discovery

Scientists identified evidence of subsurface lunar ice near the Moon's south pole using DFSAR data.