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Context of the News The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has crossed a major milestone, with more than 1 lakh guarantees issued as of 9 June 2026. The scheme was approved by the Union Cabinet on 5 May 2026 to support businesses facing liquidity stress arising from the West Asia crisis. Background What […]

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CONTEXT OF THE NEWS Union Minister of State for Labour & Employment and MSMEs, Sushri Shobha Karandlaje, led the Indian delegation at the 114th International Labour Conference (ILC) held in Geneva, Switzerland. India used the platform to strengthen bilateral cooperation on: through a series of high-level meetings with ministers from Nepal, Angola, Mauritius, and other […]

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CONTEXT OF THE NEWS The Ministry of Food Processing Industries (MoFPI), in collaboration with the World Bank Group-led South Asian Policy Leadership for Improved Nutrition and Growth (SAPLING) initiative, organized a Regional High-Level Policy Dialogue titled “Unlocking Value: Advancing Food Processing for Employment Generation and Sustainable Growth in South Asia” in Ahmedabad, Gujarat, on 9 […]

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CONTEXT OF THE NEWS A two-day workshop on Defence Procurement, Innovations for Defence Excellence (iDEX), Technology Perspective Capability Roadmap (TPCR), and Testing Procedures for MSMEs & Start-ups will be held at Manekshaw Centre, Delhi Cantt, on 11–12 June 2026. The workshop is jointly organized by the Indigenisation Directorate, Headquarters Integrated Defence Staff (HQ IDS) and […]

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CONTEXT OF THE NEWS The Ministry of Coal is organizing a major Roadshow on Coal and Lignite Gasification Projects in Hyderabad on 11 June 2026, following the strong response received during the earlier roadshow in New Delhi. The event aims to accelerate investments, technology adoption, and project implementation in India’s emerging coal gasification sector. BACKGROUND […]

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CONTEXT OF THE NEWS The appointment of five new Supreme Court judges has sparked a constitutional debate because three judges were appointed to posts created through the Supreme Court (Number of Judges) Amendment Ordinance, 2026, instead of a regular Act passed by Parliament. The controversy has raised concerns regarding judicial independence, security of tenure, separation […]

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CONTEXT OF THE NEWS India is likely to witness a below-normal Southwest Monsoon in 2026 amid the emergence of El Niño conditions in the equatorial Pacific Ocean. Meteorologists have drawn comparisons with the Great Famine of 1876–78, which was linked to a strong El Niño event and widespread monsoon failure. BACKGROUND What is El Niño? […]

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CONTEXT OF THE NEWS India is increasingly using Artificial Intelligence (AI) in tax administration through Project Insight, improving compliance but raising concerns about privacy, bias, and accountability. BACKGROUND NEWS BREAKDOWN What is Project Insight (PI)? Key Components of Project Insight 1. INTRAC (Income Tax Transaction Analysis Centre) 2. CMCPC (Compliance Management Centralized Processing Centre) 3. […]

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CONTEXT OF THE NEWS The India Meteorological Department (IMD) has released its Summer Forecast (April–June 2026), predicting a rise in heatwave days and higher night temperatures across India. BACKGROUND NEWS BREAKDOWN A heatwave is a period of abnormally high temperatures compared to normal climatic conditions. Key Highlights of IMD Forecast 2026 WHAT ARE HEAT WAVES? […]

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Context of the News Iran is reviewing a possible exit from the Nuclear Non-Proliferation Treaty (NPT) after alleging that: A withdrawal could: Background Exception countries: News Breakdown 1. What is the NPT? Definition:The Nuclear Non-Proliferation Treaty (NPT) is an international treaty to: 2. Core Pillars of NPT (A) Non-Proliferation Definition:Preventing spread of nuclear weapons to […]

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