SF Prep Notes

Economy Current Affairs — Last 6 months

Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.

7 days 1 month 3 months 6 months 12 months All
435 news · 1055 MCQs

Fri, 29 May 2026

Thu, 28 May 2026

Wed, 27 May 2026

📋 Central Schemes 📍 India Must know

Cabinet approves SARTHAK-PDS umbrella scheme with ₹25,530 crore Central outlay

On 27 May 2026 the CCEA approved SARTHAK-PDS, an umbrella scheme merging foodgrain-movement/FPS-dealer-margin assistance and SMART PDS, with a Central outlay of ₹25,530 crore up to 31 March 2031.

For: UPSC Civil Services · State PSC · SSC +8 3 MCQs
🌾 Agriculture & Rural 📍 India Must know

Third Advance Estimates 2025-26: record foodgrain output of 376.56 million tonnes

The Third Advance Estimates for 2025-26, released on 27 May 2026, put India's foodgrain production at a record 376.563 million tonnes, about 18.8 million tonnes (5.3%) above 2024-25.

For: UPSC Civil Services · State PSC · SSC +8 4 MCQs
🚄 Energy & Power 📍 India Important

Government says India's refining surplus ensures full petrol and diesel supply; capacity 258.1 MTPA

The Petroleum Ministry said on 27 May 2026 that India, the world's fourth-largest refiner with 258.1 MTPA capacity across 22 refineries, has more than adequate petrol and diesel supplies.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs
🌐 Bilateral Relations 📍 South Korea Important

12th round of India–Korea CEPA upgrade negotiations concludes in New Delhi

The 12th round of India–Republic of Korea CEPA upgrade negotiations was held in New Delhi from 25–27 May 2026; both sides agreed to form sub-groups on digital trade, supply chains and strategic industrial cooperation.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs

Tue, 26 May 2026

💹 Economy 📍 India Important

Skymap Pharmaceuticals approved as strategic buyer of IMPCL for ₹121.01 crore

On 26 May 2026 the Centre approved Skymap Pharmaceuticals Pvt. Ltd.'s bid of about ₹121.01 crore for 100% equity and management control of Indian Medicines Pharmaceutical Corporation Limited (IMPCL), a CPSE under the Ministry of Ayush.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs
💹 GDP, Inflation & Economic Data 📍 India Important

Telecom data, April 2026: 1,337.54 million subscribers, overall tele-density 93.69%

Telecom subscription data released on 26 May 2026 show India had 1,337.54 million telephone subscribers and 1,073.44 million broadband subscribers at the end of April 2026.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs
💹 GDP, Inflation & Economic Data 📍 India Important

KVIC data 2025-26: Khadi and Village Industries sales hit record ₹1.87 lakh crore

KVIC's provisional data for 2025-26, released on 26 May 2026, show record sales of ₹1,87,105 crore and production of ₹1,25,296 crore, with employment for 2.04 crore people.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs
🔬 Science & Technology 📍 India Important

India Semiconductor Mission launches 'Investors Support' portal

On 26 May 2026 the India Semiconductor Mission (ISM), MeitY, launched an 'Investors Support' portal to give investors information and a grievance channel; 12 fab/packaging and 24 design projects have been approved under the Semicon India Programme so far.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs

Mon, 25 May 2026

Sun, 24 May 2026

Sat, 23 May 2026

Fri, 22 May 2026

🏛️ Committees & Commissions 📍 India Important

NITI Aayog holds first meeting of 'Education to Employment and Enterprise' Standing Committee

On 22 May 2026 NITI Aayog CEO Nidhi Chibber chaired the first meeting of the High-Powered 'Education to Employment and Enterprise' Standing Committee, set up under the Union Budget 2026-27 to help India reach a 10% share of the global services market by 2047.

For: UPSC Civil Services · State PSC · SSC +7 3 MCQs
🌐 International Organisations 📍 Delhi Important

68th APO Governing Body Meeting concludes in New Delhi; Indonesia's Anwar Sanusi takes over as Chair

The 68th Governing Body Meeting of the Asian Productivity Organization, hosted by India at Bharat Mandapam, New Delhi, concluded on 22 May 2026 with Indonesia's Prof. Anwar Sanusi taking over as APO Chair for 2026–27 from India's Amardeep Singh Bhatia.

For: State PSC · State Police · State Staff Selection +2 3 MCQs
🌐 International Organisations 📍 India Important

India and Ethiopia sign bilateral protocol for Ethiopia's WTO accession in Geneva

On 22 May 2026 India and Ethiopia signed the bilateral market-access protocol for Ethiopia's accession to the World Trade Organization in Geneva.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs
🛡️ Internal Security 📍 Mizoram

DRI seizes about 60,000 kg of smuggled Myanmar-origin areca nuts in Mizoram and Assam

The Directorate of Revenue Intelligence said on 22 May 2026 that its Guwahati unit seized around 60,000 kg of foreign-origin areca nuts smuggled from Myanmar through the Mizoram border, arresting five people.

For: State PSC · Judiciary 1 MCQs

Thu, 21 May 2026

Wed, 20 May 2026

Tue, 19 May 2026

🌐 Summits & Conferences 📍 Europe Must know

3rd India-Nordic Summit in Oslo: ties shaped into a Green Technology and Innovation Strategic Partnership

At the 3rd India-Nordic Summit, hosted by Norway in Oslo on 19 May 2026, India and the Nordic countries decided to shape their relations into a Green Technology and Innovation Strategic Partnership.

For: UPSC Civil Services · State PSC · SSC +8 3 MCQs
🚄 Energy & Power 📍 Madhya Pradesh Important

Coal production begins at Urtan and Dhirauli mines in MP; Urtan is first underground mine under commercial auctions

The Coal Ministry said on 19 May 2026 that production had begun at the Urtan mine in Anuppur and the Dhirauli mine in Singrauli, Madhya Pradesh, with Urtan the first underground mine to produce under the commercial coal auction regime.

For: State PSC · State Police · State Staff Selection +2 2 MCQs
💹 Economy 📍 Karnataka Important

Education Ministry's Bharat Innovates Investor Showcase in Bengaluru: 24 deep-tech start-ups meet 90+ investors

On 19 May 2026 the Ministry of Education and IVCA held the Bharat Innovates Investor Showcase in Bengaluru, where 24 deep-tech start-ups presented to over 90 investors ahead of the flagship Bharat Innovates 2026 event in Nice, France, on 14–16 June.

For: State PSC · State Police · State Staff Selection +2 2 MCQs
💹 Markets & Finance 📍 Maharashtra

NISM and IICA sign MoU on corporate governance, ESG and capital markets in Mumbai

On 19 May 2026 the SEBI-established National Institute of Securities Markets (NISM) and the Indian Institute of Corporate Affairs (IICA) signed an MoU in Mumbai to advance corporate governance, ESG and capital markets.

For: State PSC · Judiciary 2 MCQs