Economy — current affairs

The day’s current affairs covered in full — the terms, names and facts UPSC actually asks about, in six languages.

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National Agricultural Cooperative Marketing Federation of India (NAFED)

National Agricultural Cooperative Marketing Federation of India (NAFED)

Why in news? On 20 February 2026, the Union Minister for Agriculture and Farmers’ Welfare, Shivraj Singh Chouhan, chaired a review meeting on the Na...

FCI and World Food Programme – Rice Supply Agreement

FCI and World Food Programme – Rice Supply Agreement

Why in news? On 18 February 2026 the Food Corporation of India (FCI) signed a memorandum of understanding (MoU) with the World Food Programme (WFP). U...

Urban Challenge Fund

Urban Challenge Fund

Why in news? The government has approved a ₹1 lakh crore Urban Challenge Fund to spur transformative infrastructure projects in Indian cities. The f...

Startup India Fund of Funds 2.0

Startup India Fund of Funds 2.0

Why in news? The Union Cabinet has launched Startup India Fund of Funds 2.0, a second phase of the government’s flagship venture capital programme. ...

Lead Bank Scheme (LBS)

Lead Bank Scheme (LBS)

Why in News? The Reserve Bank of India (RBI) issued a draft circular on 13 February 2026 proposing revised guidelines for the Lead Bank Scheme. Public...

Corruption Perceptions Index (CPI) 2025

Corruption Perceptions Index (CPI) 2025

Why in news? Transparency International released its 2025 Corruption Perceptions Index, ranking 182 countries and territories by perceived public‑se...

Public Financial Management System – Ensuring Transparent Fund Flow

Public Financial Management System – Ensuring Transparent Fund Flow

Why in news? The Public Financial Management System (PFMS) was highlighted in February 2026 government reports for streamlining fund releases and enha...

India set to chair the Kimberley Process in 2026

India set to chair the Kimberley Process in 2026

Why in news? India will assume the chair of the Kimberley Process (KP) in 2026, a global initiative that regulates the trade of rough diamonds to prev...

Sawalkote Hydroelectric Project on the Chenab River

Sawalkote Hydroelectric Project on the Chenab River

Why in news? The Government of India has begun work on the Sawalkote Hydroelectric Project in Jammu and Kashmir. It is the first major hydro project o...

Graphics Processing Units and India–US Technology Trade

Graphics Processing Units and India–US Technology Trade

Why in news? India and the United States have reached an interim trade agreement that will increase the supply of Graphics Processing Units (GPUs) and...

RBI Holds Repo Rate at 5.25 Percent

RBI Holds Repo Rate at 5.25 Percent

Why in news? The Reserve Bank of India’s Monetary Policy Committee (MPC) met on 6 February 2026 and unanimously decided to keep the benchmark repo r...

India and GCC Move Towards a Free Trade Agreement

India and GCC Move Towards a Free Trade Agreement

Why in news? India and the Gulf Cooperation Council (GCC) have signed a Terms of Reference document to negotiate a comprehensive Free Trade Agreement....

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