Current affairs
News for UPSC, SSC and defence exams, with the reason it matters.
July 2026
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Cabinet extends PM-KISAN till 2030-31 with an outlay of about ₹3.15 lakh crore
- The Cabinet approved PM-KISAN for five more years, from 2026-27 to 2030-31.
- The total outlay is ₹3,15,614 crore.
- Eligible farmer families get ₹6,000 a year in three equal instalments.
Why it matters
[Policy] PM-KISAN began in February 2019. It is a Central Sector Scheme, so the Centre pays the full cost. The money goes straight to bank accounts through Direct Benefit Transfer.
India’s defence exports cross a record ₹38,000 crore, a 57-fold rise since 2013-14
- Rajnath Singh said India's defence exports reached a record of over ₹38,000 crore.
- Exports were only ₹686 crore in 2013-14, so this is an almost 57-fold rise.
- Annual defence production touched an all-time high of over ₹1.78 lakh crore in 2025-26.
Why it matters
[Economy] Defence exports show that buyers abroad trust Indian-made weapons. The government's target is ₹50,000 crore of exports by 2029. Production nearly tripled from the 2014-15 level.