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Current Affairs

Page-11 of Mains Backgrounders

Gender Wage Gaps and Labour Income Shares India

India records a labour income share above 57%, yet women earn only 22–23% of male wages. Recent judicial recognition of unpaid domestic care and new data on participation,...

 June 24, 2026

Sixteenth Finance Commission and Fiscal Federalism Shift

The Sixteenth Finance Commission has introduced "contribution to national GDP" as a criterion for horizontal devolution, replacing the earlier "tax and fiscal effort" measure. The Union Budget accepted...

 June 24, 2026

Sovereign AI Debate and India’s Innovation Strategy

Currently, debate over "sovereign AI" has intensified after US restrictions on access to certain foreign models. Indian agencies are actively pursuing sovereign AI, but large-scale investment remains limited....

 June 24, 2026

India’s Ship Recycling Industry and Maritime Sustainability

India became the world’s leading ship recycling nation in 2025, meeting its Maritime India Vision 2030 target five years early. India processed 2.99 million GT in 2025 and...

 June 23, 2026

RBI’s Forex Market Intervention and Rupee Stability

On 22 June 2026 the RBI reported net dollar sales of USD 8.94 billion in the spot market during April to support the Rupee, the second consecutive month...

 June 23, 2026

Slowing Core Sector Growth and Economic Implications

India’s eight core industrial sectors recorded growth of 0.5% in May 2026, the second‑lowest expansion in 21 months. Five of eight sectors contracted; petroleum refinery products, crude oil,...

 June 23, 2026

Private Sector Employment Generation in India

India recently secured USD 1.5 billion from the World Bank under the "Boosting Job Creation in the Private Sector Development Policy Financing Operation" to support structural reforms for...

 June 23, 2026

Strengthening Credit Access for MSMEs

On 22 June 2026 RBI Governor Sanjay Malhotra urged banks to treat MSMEs as long-term business partners and inaugurated an RBI awareness programme in Kochi. The RBI is...

 June 23, 2026

India–US Trade Relations and FTA Negotiations

India and US officials are holding high‑level talks in New Delhi to finalise the framework for a first‑phase bilateral trade agreement or interim pact. Discussions aim to resolve...

 June 23, 2026

Gig Economy Employment and Labour Protection Challenges

Recently the ILO adopted Convention No. 193 on Decent Work in the Platform Economy, a first global treaty setting binding labour standards for platform workers. Parallel national and...

 June 23, 2026

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