🔶 State Economy & Fiscal Policy
Chhattisgarh Budget 2026–27
Finance Minister Om Prakash Chaudhary presented a ₹1.72 lakh crore state budget in the Chhattisgarh Legislative Assembly.
Focus Areas: Infrastructure expansion, welfare programmes, and economic development.
Exam Relevance: State fiscal planning | Budgetary priorities | Public expenditure strategy
🔶 Infrastructure & Transport Governance
Rajmarg Pravesh 2.0 Portal Launched
Union Minister Nitin Gadkari launched the upgraded web portal to simplify issuance of No Objection Certificates (NOCs) for utilities and facilities along national highways.
Significance: Digitalisation of highway administration | Faster approvals | Improved road infrastructure management.
🔶 Environment, Astronomy & Tourism
Tamil Nadu’s First Dark Sky Park
Established at Ariyur Shola Reserve Forest in Kolli Hills, Namakkal district.
Importance: Promotes astro-tourism and conservation of natural night skies.
Exam Angle: Eco-tourism initiatives | Dark sky conservation | Scientific tourism.
🔶 Women Welfare & Social Development
Women-Centric Schemes in Delhi
President Droupadi Murmu launched four welfare schemes under the programme “Sashakt Nari, Samriddh Delhi.”
Relevance: Women empowerment initiatives | Social inclusion programmes.
🔶 Banking, Finance & Regulation
RBI Penalty on Mahindra & Mahindra Financial Services Ltd.
The central bank imposed a ₹11.5 lakh penalty for regulatory violations discovered during financial inspections.
Exam Focus: Financial supervision | NBFC regulatory compliance.
NBFC–Miscellaneous Amendment Directions 2026
Issued by RBI to facilitate operations of the National Urban Co-operative Finance and Development Corporation Ltd. (NUCFDC), designated as the Umbrella Organisation for Urban Cooperative Banks.
Significance: Strengthens cooperative banking ecosystem.
🔶 Economic Indicators & Data Reforms
New GDP Series Introduced (Base Year 2022–23)
Released by the National Statistics Office to reflect structural changes in the Indian economy and improve accuracy of GDP and GVA estimates.
Exam Angle: Base year revisions | Macroeconomic measurement.
Agriculture Sector Growth Projection
Agriculture and allied sector GVA projected to grow at 2.4% in FY 2025–26, lower than the previous year’s 4.9%.
Implication: Indicates moderation in farm-sector momentum.
FDI Inflows Rise
India recorded $12.69 billion FDI equity inflows in Q3 FY26, marking a 16.6% increase year-on-year.
Relevance: Investment climate | Capital inflows.
🔶 Customs & Trade Facilitation
SWIFT 2.0 and Atithi 2.0 Platforms
CBIC launched upgraded digital systems along with a Digital Traveller’s Guide during International Customs Day celebrations.
Purpose: Streamline customs clearance and improve passenger facilitation.
🔶 International Relations & Global Developments
India–EU MFN Status Agreement
India and the European Union agreed to grant each other Most Favoured Nation status for five years once the proposed Free Trade Agreement becomes operational.
Exam Focus: Trade diplomacy | WTO principles | FTA negotiations.
Iran Leadership Change
Senior cleric Alireza Arafi
Month: Current Affairs - March 04, 2026
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