Current Affairs — 02 January 2026
Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.
Fri, 02 Jan 2026
Government approves 22 proposals worth ₹41,863 crore in third tranche of ECMS
The Ministry of Electronics and IT on 2 January 2026 approved 22 more proposals under the Electronics Component Manufacturing Scheme, with projected investment of ₹41,863 crore and 33,791 direct jobs.
Export Promotion Mission rolls out interest subvention and collateral guarantee for MSME exporters
The Commerce Ministry on 2 January 2026 launched two interventions under the NIRYAT PROTSAHAN sub-scheme of the Export Promotion Mission: interest subvention on export credit and a CGTMSE-backed collateral guarantee for MSME exporters.
Bullet train project achieves first mountain tunnel breakthrough in Palghar, Maharashtra
The Mumbai–Ahmedabad bullet train project achieved the breakthrough of its first mountain tunnel in Maharashtra, the 1.5 km MT-5 in Palghar, Railways Minister Ashwini Vaishnaw announced on 2 January 2026.
PRAGATI has reviewed 3,300+ projects worth ₹85 lakh crore, says Cabinet Secretary
Cabinet Secretary T. V. Somanathan told the media in New Delhi on 2 January 2026 that the PRAGATI mechanism has reviewed over 3,300 projects worth more than ₹85 lakh crore and resolved 7,156 of 7,735 issues raised.
J. P. Nadda releases Indian Pharmacopoeia 2026, the 10th edition
On 2 January 2026 at Dr. Ambedkar International Centre, New Delhi, Union Health Minister J. P. Nadda released Indian Pharmacopoeia 2026, the 10th edition of India's official book of drug standards, with 121 new monographs.
CAQM flying squads inspect 105 units and sites in Nuh, Haryana
On 2 January 2026 in Nuh, Haryana, ten CAQM flying squads carried out 105 inspections of industrial units and construction sites, including 86 stone crushers, to check compliance with GRAP.
Sarbananda Sonowal visits Assam Book Fair at Khanapara, Guwahati
Union Minister Sarbananda Sonowal visited the Assam Book Fair at Khanapara, Guwahati on 2 January 2026, calling book fairs 'pilgrimage sites of knowledge' and urging young people to read.
National Biodiversity Authority releases ₹45 lakh to Andhra Pradesh red sanders farmers under ABS
The National Biodiversity Authority on 2 January 2026 announced the release of ₹45 lakh in Access and Benefit Sharing money to red sanders farmers of Andhra Pradesh, taking India's cumulative ABS releases past ₹143.5 crore.
CAQM revokes GRAP Stage-III in Delhi-NCR as air quality improves
The CAQM's GRAP sub-committee revoked Stage-III of the Graded Response Action Plan in Delhi-NCR on 2 January 2026 after Delhi's AQI improved to 236 due to strong winds.
NHAI's Raajmarg Infra Investment Trust gets AAA (Stable) rating from CARE
NHAI-sponsored Raajmarg Infra Investment Trust received a AAA (Stable) rating for its long-term bank facilities from CARE Ratings, the Road Transport Ministry said on 2 January 2026.
Captive and commercial coal mines produce 19.48 MT in December 2025
Coal production from captive and commercial mines rose 5.75% year-on-year to 19.48 million tonnes in December 2025, the Ministry of Coal said on 2 January 2026.
Deadline for new applications under PLI Scheme for Textiles extended to 31 March 2026
The Ministry of Textiles on 2 January 2026 extended the deadline for fresh applications under the Production Linked Incentive Scheme for Textiles to 31 March 2026.