🔆 CURRENT AFFAIRS – 2 JUNE 2026

🔆 STATES

📍 New Lizard Species Recorded in India
✅ Mesalina bishnoi discovered in Rajasthan near Gajner
✅ First confirmed record of genus Mesalina in India
✅ Named after Bishnoi community for wildlife conservation efforts
✅ Family: Lacertidae 

🔆 NATIONAL

📍 Two New SEZs Notified in Puducherry
✅ Total proposed investment: ₹1,975 crore
✅ IT/ITES SEZ developed by Oulgaret Municipality
✅ First municipality-developed IT/ITES SEZ in India
✅ Multi-sector SEZ to support manufacturing, services and technology industries 

📍 ‘Samadhan Didi’ AI Chatbot Launched
✅ Integrated with CPGRAMS grievance platform
✅ Developed with BHASHINI support
✅ Supports all 22 languages of the Eighth Schedule
✅ Citizens can register grievances using voice commands 

📍 Customs Duty Exempted on Cotton Imports
✅ Exemption valid from 1 June to 31 October 2026
✅ Aims to improve cotton availability for textile sector
✅ India is the only country cultivating all four cotton species commercially 

🔆 INDIA & THE WORLD

📍 India Sends Medical Aid During Ebola Outbreak
✅ Assistance provided to Africa CDC
✅ Supplies include diagnostic kits, medicines and protective equipment
✅ Support aimed at affected areas in Democratic Republic of the Congo 

🔆 AGREEMENTS & MoUs

📍 Ministry of Jal Shakti and ISRO Sign MoU
✅ Collaboration on water resource management using satellite technology
✅ Covers 24 research areas including reservoir monitoring and water quality assessment
✅ MAHA Water Mission launched under partnership 

🔆 APPOINTMENTS

📍 General NS Raja Subramani Assumes Charge as CDS
✅ Takes over as India’s Chief of Defence Staff 

📍 Vice Admiral Ajay Kochhar
✅ Assumes charge as 48th Vice Chief of Naval Staff 

🔆 AWARDS & RECOGNITIONS

📍 FAO Soil Farmer Hero Award
✅ Awarded to Valluvan of Pollachi
✅ Honoured for successful multi-crop farming model
✅ Award conferred by FAO 

📍 WHO World No Tobacco Day Awards 2026
✅ WHO Director-General Special Award: Shaya Mohsin Zindani
✅ Indian awardees include ICMR-NICPR and Department of Health Research 

🔆 SPORTS

📍 Singapore Open 2026
✅ Satwiksairaj Rankireddy and Chirag Shetty won men’s doubles title
✅ First Indian doubles pair to win Singapore Open
✅ Defeated Indonesia’s Fajar Alfian and Muhammad Shohibul Fikri in final 

📍 ICC Suspends Cricket Canada
✅ Suspension due to governance failures and financial mismanagement
✅ National teams can continue participating in ICC events
✅ ICC Normalisation Committee to monitor reforms 

🔆 SCHEMES

📍 PM SVANidhi Completes Six Years
✅ Launched in June 2020 under MoHUA
✅ Nearly 1 crore loans facilitated
✅ Over ₹17,800 crore disbursed
✅ Benefited more than 75.5 lakh street vendors 

🔆 IMPORTANT DAYS

📍 International Day of Potato – 30 May
✅ Theme: “Where potatoes grow, livelihoods flourish” 

📍 World Vape Day – 30 May
✅ Theme: “One Switch – Everyone Wins” 

📍 World Multiple Sclerosis Day – 30 May
✅ Theme: “My MS Diagnosis”
✅ Tagline: “Navigating MS Together” 

🔆 SCIENCE & TECHNOLOGY

📍 Chandrayaan-2 Detects Subsurface Ice
✅ Evidence found in Moon’s south polar region
✅ Study conducted by Physical Research Laboratory
✅ Water ice detected beneath crater in Faustini Basin
✅ Significant for future lunar habitation and human missions 

🔆 DEFENCE

📍 Exercise PRAGATI 2026 Concludes
✅ Multilateral military exercise for Indian Ocean Region partners
✅ Participation from India and 12 friendly nations
✅ Focus on counter-terrorism, interoperability and intelligence sharing 

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IB ACIO-II Executive Final Result Out

🔆 Artificial Intelligence for Culture and Languages

📍 Why in Focus?
✅ The Press Information Bureau (PIB) highlighted India’s efforts to institutionalize Artificial Intelligence (AI) for preserving and promoting culture and languages.
✅ AI is being leveraged to bridge the gap between India’s rich heritage and modern digital participation.

📍 What is the Initiative?
✅ Seeks to move beyond mere preservation towards active cultural participation.
✅ Uses AI to make manuscripts, monuments, oral traditions, and cultural knowledge accessible in citizens’ native languages.
✅ Aligns with the vision of “Technology for Humanity” and inclusive digital development.

📍 Role of AI in Culture & Language Preservation

✅ Digitisation of Manuscripts
✅ AI enables rapid scanning, cataloguing, and metadata extraction.
✅ Gyan Bharatam Mission has documented over 44 lakh manuscripts.

✅ Multilingual & Voice-Based Access
✅ Real-time translation and speech-to-text services reduce language barriers.
✅ BHASHINI enabled real-time Hindi-to-Tamil translation during Kashi Tamil Sangamam 2.0.

✅ Preservation of Tribal Languages
✅ AI helps document oral traditions, folklore, and endangered languages.
✅ Adi Vaani supports languages such as Santali, Bhili, and Gondi.

✅ Support for Artisans
✅ AI-powered multilingual catalogues help market GI-tagged products globally.
✅ Reduces dependence on intermediaries.

✅ Enhanced Cultural Tourism
✅ AI chatbots provide multilingual assistance at major events.
✅ Kumbh Sah’AI’yak supported pilgrims in 11 languages during Maha Kumbh 2025.

📍 Major Government Initiatives

✅ BHASHINI
✅ AI-based translation, speech recognition, and language services across 22 Scheduled Languages.

✅ Anuvadini
✅ Translates technical and academic content into regional languages.

✅ Gyan Bharatam Mission
✅ Mission period: 2024–31.
✅ Outlay: ₹482.85 crore.
✅ Focuses on digitisation and dissemination of manuscript heritage.

✅ Adi Vaani
✅ Supports translation and transcription of tribal languages.

✅ Technology Development for Indian Languages
✅ Develops OCR, machine translation, and handwriting recognition technologies for Indian scripts.

📍 Challenges

✅ Digital Literacy Gap
✅ Many artisans and cultural practitioners lack digital skills.

✅ Scattered Cultural Resources
✅ Manuscripts remain dispersed across private collections, temples, and mutts.

✅ Low-Resource Language Datasets
✅ Limited digital data for tribal and endangered languages.

✅ Authenticity Concerns
✅ Difficulties in protecting traditional designs and ensuring provenance.

✅ Connectivity Constraints
✅ AI tools often require reliable internet and computational resources.

📍 Way Forward
✅ Build language infrastructure as a Digital Public Infrastructure (DPI).
✅ Promote open-source AI models for cultural preservation.
✅ Develop district-level digital innovation hubs.
✅ Strengthen collaboration among academia, industry, and communities.
✅ Enable offline AI solutions for remote and tribal regions.
✅ Introduce verifiable digital credentials for artisans and cultural workers.

📍 Significance
✅ Preserves India’s linguistic and cultural diversity.
✅ Promotes inclusive access to heritage resources.
✅ Strengthens tribal and regional language ecosystems.
✅ Supports cultural tourism, education, and livelihood generation.
✅ Positions AI as a tool for safeguarding India’s civilizational heritage.

📍 UPSC Relevance
✅ Prelims: BHASHINI, Gyan Bharatam Mission, Adi Vaani, TDIL, Anuvadini.
✅ Mains (GS1): Indian Culture, Heritage Conservation, Linguistic Diversity.
✅ Mains (GS2): Digital Governance, Inclusion, Language Policy.
✅ Mains (GS3): Artificial Intelligence, Emerging Technologies, Digital Public Infrastructure.

#prelims
#art_and_culture

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🔆 Insolvency and Bankruptcy Code (IBC) Completes 10 Years

📍 Why in Focus?
✅ The Insolvency and Bankruptcy Code (IBC), 2016 has completed a decade of operation, emerging as a major reform in India’s credit market, corporate governance, and insolvency resolution framework.

📍 What is IBC?
✅ Enacted in 2016 as a unified insolvency law replacing multiple fragmented legislations.
✅ Provides a creditor-driven, legally binding, and time-bound mechanism for resolving insolvency of companies, partnership firms, and individuals.
✅ Aims to maximize asset value, improve credit discipline, and ensure faster recovery for creditors.

📍 Key Features
✅ Single Consolidated Framework: Integrates multiple insolvency laws into one code.
✅ Time-Bound Resolution: Corporate Insolvency Resolution Process (CIRP) follows strict timelines.
✅ Creditor-in-Control Model: Management shifts from promoters to the Committee of Creditors (CoC).
✅ Two-Tier Adjudication: NCLT handles corporate insolvency; DRT deals with individuals and partnership firms.
✅ Institutional Ecosystem: Regulated by IBBI, supported by Insolvency Professionals (IPs) and Information Utilities (IUs).
✅ Waterfall Mechanism: Defines priority for asset distribution during liquidation.

📍 Major Achievements in 10 Years
✅ 1,419 resolution plans approved by March 2026.
✅ Creditors realized over ₹4 lakh crore, equivalent to 95% of fair value and 167% of liquidation value.
✅ Over 30,000 cases settled before admission, involving nearly ₹14 lakh crore.
✅ Banking sector Gross NPA ratio declined from 11.8% (2017) to 2.1% (September 2025).
✅ Resolved firms recorded 89% increase in sales and 131% rise in asset turnover.
✅ Market value of listed resolved firms increased from ₹2.8 lakh crore to ₹9 lakh crore.

📍 Challenges
✅ Delays in Resolution: Average resolution still takes around 2 years due to NCLT backlogs.
✅ High Liquidation Rate: 3,003 of 7,102 closed cases ended in liquidation.
✅ Uneven Recovery Rates: Recovery for Scheduled Commercial Banks stood at 36.6% in 2024-25.
✅ Tribunal Burden: Many cases involve defunct entities inherited from the earlier BIFR regime.

📍 Way Forward
✅ Expand NCLT infrastructure and fill vacancies.
✅ Promote Pre-Packaged Insolvency Resolution mechanisms.
✅ Strengthen Information Utilities through better digital integration.
✅ Improve coordination among IBBI, RBI, and enforcement agencies.
✅ Enhance specialized training for Insolvency Professionals.

📍 Significance
✅ Strengthened credit discipline and corporate accountability.
✅ Improved ease of doing business and investor confidence.
✅ Helped clean bank balance sheets and revive distressed assets.
✅ Supports India’s long-term goals of financial stability and sustainable economic growth.

📍 UPSC Relevance
✅ Prelims: IBC, IBBI, NCLT, DRT, CoC, CIRP, Waterfall Mechanism.
✅ Mains (GS3): Financial sector reforms, banking sector health, NPA resolution, corporate governance, ease of doing business.

#GS3 #Economy #mains

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🔆 CURRENT AFFAIRS – 3 JUNE 2026

🔆 BANKING & FINANCE

📍 UPI Payments Launched in Cambodia
✅ Indian travellers can make payments through Cambodia’s KHQR network using UPI apps
✅ Partnership between NPCI International Payments Ltd. (NIPL) and ACLEDA Bank Plc.
✅ Creates a pathway for future two-way payment interoperability between India and Cambodia

📍 Project Shikhar Launched
✅ Joint initiative of Meesho and Bombay Stock Exchange (BSE)
✅ Helps MSMEs and digital-first businesses access capital markets
✅ Supports listing on BSE SME Platform

🔆 ECONOMY

📍 IIP Base Year Revised
✅ Index of Industrial Production (IIP) base year changed from 2011–12 to 2022–23
✅ April 2026 IIP growth slowed to 4.9% from 5.8% a year earlier
✅ New series tracks 1,042 products across 463 item groups

📍 WPI Base Year Revised to 2022–23
✅ Government approved revision from 2011–12 to 2022–23
✅ New indices introduced:
✅ Output Producer Price Index (OPPI)
✅ Input Producer Price Index (IPPI)
✅ Service Producer Price Index (Service PPI)
✅ WPI to continue alongside PPI for five years before phase-out

📍 India Falls to 7th Position in Global Market Capitalisation
✅ South Korea overtook India with market cap of $5.01 trillion
✅ India’s market capitalisation stood at $4.85 trillion
✅ Factors include foreign investor selling and weak corporate earnings growth

🔆 STATES

📍 Telangana Formation Day
✅ Observed on 2 June every year
✅ Telangana became India’s 29th State on 2 June 2014
✅ Formed after bifurcation of Andhra Pradesh
✅ K. Chandrashekar Rao founded Telangana Rashtra Samithi in 2001

🔆 NATIONAL

📍 MAHA Water Mission Launched
✅ Joint initiative of Ministry of Jal Shakti and ANRF
✅ Total outlay: ₹200 crore over five years
✅ Supports water-sector research, innovation and startups
✅ Themes include water quality, drinking water and climate resilience

🔆 INTERNATIONAL

📍 AUKUS Launches Underwater Drone Programme
✅ Joint programme launched by Australia, UK and USA
✅ Developed under AUKUS Pillar Two
✅ Focus on advanced Uncrewed Undersea Vehicles (UUVs)
✅ First delivery expected by 2027

📍 Bangladesh to Lead 81st UN General Assembly
✅ Khalilur Rahman elected President of the 81st UNGA Session
✅ Secured 99 votes out of 190 ballots cast
✅ Session begins on 8 September 2026

🔆 INDIA & THE WORLD

📍 India–Oman CEPA Comes into Force
✅ Effective from 1 June 2026
✅ Oman grants duty-free access on 99.38% tariff lines
✅ Covers 98.08% of India’s exports to Oman
✅ One of India’s most comprehensive trade agreements in the Gulf region

🔆 AGREEMENTS & MoUs

📍 GMDC–Cambridge Partnership
✅ AI-powered Rare Earth Observatory to be established at iCEM
✅ Will track the Rare Earth Elements value chain from mine to magnet
✅ Project investment: £600,000 over two years

📍 BHASHINI and DPIIT Sign MoU
✅ Aims to expand multilingual access across India’s investment ecosystem
✅ Supports all 22 languages of the Eighth Schedule
✅ Uses AI tools such as translation, speech-to-text and text-to-speech

🔆 AWARDS & RECOGNITIONS

📍 Sagar Aankalan Award 2024–25
✅ Deendayal Port Authority won Best Performing Port Award
✅ Category: Container Cargo Handling (Less than 0.5 Million TEUs)
✅ Formerly known as Kandla Port Trust

📍 Earth Prize 2026
✅ Indian students Vivaan Chhawchharia, Ariana Agarwal and Avyana Mehta won the award
✅ Developed “Plas-Stick”, a biodegradable material that removes microplastics from water
✅ First Indian team to win the global award

🔆 RANKS & REPORTS

📍 Forbes Rich List – June 2026
✅ Elon Musk remained world’s richest person
✅ Estimated net worth: USD 835 billion
✅ Larry Page and Sergey Brin ranked 2nd and 3rd respectively
✅ Jensen Huang entered Top 10 amid AI-driven semiconductor boom

🔆 IMPORTANT DAYS

📍 World Milk Day – 1 June
✅ Theme: “Celebrating Women Farmers”

🔆 DEFENCE

📍 Divyastra Mk-1 Successfully Tested
✅ Indigenous AI-powered loitering munition developed by Hoverit
✅ Designed for Intelligence, Surveillance, Reconnaissance (ISR) and precision strikes
✅ Operational trials conducted in Jodhpur

#CurrentAffairs

🔆 National Workshop on R&D in Water

📍 Why in Focus?
✅ The Ministry of Jal Shakti will organize a National Workshop on R&D in Water on 1 June 2026 at Dr. Ambedkar International Centre, New Delhi, bringing together government, industry, academia, startups, and research institutions.

📍 Key Highlights:
✅ Launch of MAHA on Water (Mission for Advancement in High-Impact Areas for Water), a joint initiative of Ministry of Jal Shakti and ANRF to promote research in water resource management, drinking water, climate resilience, and water-use efficiency.
✅ BHARAT-WIN Portal to invite Startups and MSMEs for product and prototype development in the water sector.
✅ Launch of Jal Sanchay Jan Bhagidari: Catch the Rain (JSJB:CTR) digital platform to strengthen community-led water conservation, rainwater harvesting, and groundwater recharge initiatives.
✅ Ministry of Jal Shakti and ISRO to sign an MoU for satellite-based water resource assessment, monitoring, and management.
✅ Workshop will focus on groundwater management, irrigation efficiency, floodplain mapping, climate resilience, remote sensing, and water governance.

📍 Significance:
✅ Promotes the Whole-of-Government and Whole-of-Society approach to water security.
✅ Encourages research-driven policymaking and innovation in the water sector.
✅ Strengthens India’s efforts towards sustainable water management and climate resilience.

📍 Challenges / Issues:
✅ Groundwater depletion and inefficient water use.
✅ Increasing climate-induced water stress and extreme events.
✅ Need for greater technology adoption and community participation in water conservation.

✅ Mains Question:
Discuss the role of research, innovation, and technology in achieving sustainable water management in India. How can initiatives such as MAHA on Water and ISRO-supported water monitoring strengthen water security? (150 Words)

#GS3

🔆 Parliamentary Performance in Recent Years: Issues of Deliberation, Representation & Scrutiny

📍 Why in Focus?
✅ Concerns have been raised regarding the declining quality of parliamentary deliberation, representation, and legislative scrutiny.
✅ Frequent disruptions, reduced sittings, and limited committee scrutiny have affected Parliament’s effectiveness.

📍 Issue of Deliberation

✅ Increasing Use of Ordinances
✅ Frequent promulgation of ordinances instead of regular legislative debate.
✅ Average increased to around 11 ordinances per year in recent years.

✅ Bills Passed Without Adequate Discussion
✅ Important legislations are often passed with limited debate.
✅ Example: Controversies surrounding the Farm Laws.

✅ Declining Number of Sittings
✅ Lok Sabha sittings have fallen to less than 70 days annually in the last decade.
✅ Compared to around 120 days annually during the 1980s.

✅ Misuse of Money Bill Route
✅ Concerns regarding bypassing the Rajya Sabha through Money Bills.
✅ Example: Aadhaar Act.

📍 Issue of Representation

✅ Declining Effectiveness of Question Hour
✅ Key mechanism for executive accountability.
✅ Only about 30–40% of questions are answered.

✅ Neglect of Private Members’ Bills
✅ Limited legislative attention despite their policy significance.
✅ Only 14 Private Members’ Bills have become law since 1952.

✅ Reduction in Parliamentary Sittings
✅ The 16th Lok Sabha sat for 331 days, lower than the historical average of 468 days for full-term Lok Sabhas.

📍 Issue of Scrutiny

✅ Declining Role of Parliamentary Committees
✅ Fewer bills are referred to committees for detailed examination.
✅ Committee scrutiny declined from 71% of Bills in the 15th Lok Sabha to around 25% in the 16th Lok Sabha.

✅ Concerns Regarding Neutrality of Presiding Officers
✅ Questions raised over decisions related to:
✅ Money Bills
✅ Anti-Defection Law
✅ House procedures

✅ Frequent Disruptions
✅ Parliamentary time lost due to adjournments and protests.
✅ Lok Sabha lost about one-sixth of its time and Rajya Sabha about one-third during the 2019 Winter Session.

📍 Implications

✅ Reduced Government Accountability
✅ Weakens legislative oversight over the executive.

✅ Weaker Legislative Scrutiny
✅ Important laws may pass without detailed examination.

✅ Legislative Paralysis
✅ Critical discussions often get delayed or bypassed.

✅ Economic Costs
✅ Delays in legislation can affect economic growth and governance.
✅ Example: Delay in passage of the GST Bill.

✅ Declining Public Trust
✅ Erodes confidence in democratic institutions and parliamentary processes.

📍 Way Forward

✅ Increase the minimum number of annual parliamentary sittings.
✅ Strengthen the role of Department-Related Parliamentary Standing Committees.
✅ Ensure greater debate and discussion before passing legislation.
✅ Improve productivity of Question Hour and Zero Hour.
✅ Enhance neutrality and institutional credibility of presiding officers.
✅ Reduce disruptions through political consensus and procedural reforms.
✅ Implement recommendations such as the 15-Point Reform Charter for Parliament.

📍 UPSC Relevance
✅ Prelims: Money Bill, Question Hour, Private Member’s Bill, Parliamentary Committees.
✅ Mains (GS2): Parliamentary Reforms, Legislative Accountability, Separation of Powers, Democratic Governance.
✅ Essay: Strengthening Parliamentary Democracy in India.

#GS2 #Polity #mains

🔆 On-Screen Marking (OSM) System

📍 Why in Focus?
✅ The CBSE’s On-Screen Marking (OSM) System for Class 12 board examinations faced criticism due to blurred scans, missing pages, and portal-related technical glitches.
✅ The issues reignited discussions on the challenges of large-scale digital evaluation systems.

📍 What is On-Screen Marking (OSM)?
✅ A digital evaluation system where examiners assess scanned answer scripts on a computer instead of checking physical copies.
✅ Introduced by Central Board of Secondary Education (CBSE).
✅ Aims to improve transparency, efficiency, uniformity, and accuracy in evaluation.

📍 Objectives
✅ Ensure uniform marking standards across regions.
✅ Minimize human errors in totaling marks.
✅ Improve monitoring and accountability of evaluators.
✅ Enhance speed and efficiency of result processing.
✅ Strengthen confidentiality and security.

📍 How Does OSM Work?

✅ Answer Book Collection & Coding
✅ Answer books are assigned secret codes.
✅ Scripts are transported to regional centres.

✅ Scanning & Uploading
✅ Physical answer sheets are scanned.
✅ Digital copies are uploaded to a secure evaluation portal.

✅ Anonymisation
✅ Roll numbers and barcode identifiers are digitally masked.
✅ Ensures unbiased evaluation.

✅ Digital Evaluation
✅ Examiners assess answers on computer screens using prescribed marking schemes.
✅ Digital tools assist in annotation and marking.

✅ Automated Tabulation
✅ Total marks are calculated automatically.
✅ Eliminates manual totaling errors.

📍 Advantages
✅ Uniform and standardized evaluation.
✅ Faster processing of answer scripts.
✅ Greater transparency and accountability.
✅ Reduced clerical and arithmetic errors.
✅ Enhanced security through anonymisation.

📍 Challenges Highlighted
✅ Blurred or poor-quality scanned pages.
✅ Missing pages during digitisation.
✅ Technical glitches in the evaluation portal.
✅ Increased dependence on digital infrastructure.
✅ Potential delays caused by system failures.

📍 Way Forward
✅ Strengthen quality checks during scanning.
✅ Improve server capacity and portal stability.
✅ Conduct regular audits of uploaded answer scripts.
✅ Provide technical training and support to evaluators.
✅ Establish grievance redressal mechanisms for examiners.

📍 Significance
✅ Represents a major step towards digital governance in education.
✅ Aligns with the broader vision of Digital India.
✅ Can improve the reliability and efficiency of large-scale examination systems when supported by robust technological infrastructure.

📍 UPSC Relevance
✅ Prelims: CBSE, On-Screen Marking (OSM), Digital Evaluation Systems.
✅ Mains (GS2): Digital Governance, Education Reforms, Technology in Public Service Delivery.
✅ Mains (GS3): ICT Applications, Digital Infrastructure, E-Governance.

#GS3
#prelims
#science_technology
#science_and_technology

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