LearnFrenzy
Sign in Take a free test

Wednesday · Daily edition

Current Affairs 4 November 2026

  • 10 stories
  • 20-question quiz
  • From official sources
  1. Thu29—
  2. Fri30—
  3. Sat31—
  4. Sun17 items
  5. Mon29 items
  6. Tue310 items
  7. Wed410 items
For your exam

60-second revision

  1. Cabinet adds a two-year second engagement, opening a path for all Agniveers to become regular soldiers
  2. Cabinet approves ₹14,500 crore VGF scheme for 92 GWh of grid-scale energy storage
  3. Fast Track Special Courts scheme extended to 2031 and expanded to 850 courts
  4. Cabinet approves VISTAR, a ₹4,371 crore scheme to overhaul official statistics
  5. Cabinet approves ₹2,814 crore capex support for lithium and nickel processing plants
  6. Bharatiya Vayuyan Niyam, 2026 to replace the Aircraft Rules, 1937 from January 2027
  7. India and Canada hold their first Defence Dialogue
  8. Annual Survey of Industries 2024-25: manufacturing corporate sector GVA up 9.28%
  9. Keralam Resolution: Public Accounts Committees back an audit-para monitoring system in every legislature
  10. Draft rule: instant licence suspension when a drug is declared Not of Standard Quality
01 Defence Top story

Cabinet adds a two-year second engagement, opening a path for all Agniveers to become regular soldiers

The Union Cabinet approved a second engagement of two years under the Agnipath Scheme for the 75% of Agniveers not selected for regular service after four years, subject to their willingness. After those two years, all such Agniveers will be offered enrolment as regular soldiers, subject to willingness and selection criteria. As before, 25% of each batch is offered regular service on merit after four years.

Exam points

  • Second engagement: 2 more years for the 75% not retained
  • Afterwards, all Agniveers offered regular enrolment (subject to criteria)
  • Agnipath launched in June 2022; initial tenure 4 years
Source: PIB (via CurrentAffairsPulse) Useful for: DefenceSSCUPSCRailway
02 Economy Top story

Cabinet approves ₹14,500 crore VGF scheme for 92 GWh of grid-scale energy storage

The Cabinet approved a Viability Gap Funding (VGF) scheme of ₹14,500 crore for FY 2026-27 to 2030-31 to build 92 GWh of grid-scale energy storage. It covers 60 GWh of pumped hydro storage, 30 GWh of battery storage (BESS) and 2 GWh of alternative technologies. BESS projects must meet a 40% domestic content requirement.

Exam points

  • Outlay ₹14,500 crore; 92 GWh of storage
  • 60 GWh pumped hydro + 30 GWh BESS + 2 GWh other
  • 40% domestic content for BESS; tariff-based bidding
Source: PIB (via CurrentAffairsPulse) Useful for: UPSCSSCBankingState PSC
03 Government Schemes

Fast Track Special Courts scheme extended to 2031 and expanded to 850 courts

The Cabinet extended the Centrally Sponsored Scheme for Fast Track Special Courts (FTSCs), including exclusive POCSO courts, for five years from 1 April 2026 to 31 March 2031. The total outlay is ₹3,788.04 crore, with the Central share of ₹2,353.15 crore coming from the Nirbhaya Fund. Courts will rise from 779 to 850.

Exam points

  • Extended to 31 March 2031; outlay ₹3,788.04 crore
  • Central share from the Nirbhaya Fund
  • FTSCs to rise from 779 to 850
Source: PIB (via CurrentAffairsPulse) Useful for: SSCUPSCState PSC
04 Government Schemes

Cabinet approves VISTAR, a ₹4,371 crore scheme to overhaul official statistics

VISTAR — Viksit Bharat Initiative for Statistical Transformation, Analytics & Research — is a central sector scheme of MoSPI for FY 2026-27 to 2030-31 with an outlay of ₹4,371.10 crore. The 8th Economic Census will be held under it, and MoSPI plans 59 surveys in the 16th Finance Commission cycle.

Exam points

  • VISTAR outlay: ₹4,371.10 crore (MoSPI)
  • 8th Economic Census to be held under VISTAR
  • Includes SSS 2.0 support for States/UTs
Source: PIB (via CurrentAffairsPulse) Useful for: SSCUPSCState PSC
05 Economy

Cabinet approves ₹2,814 crore capex support for lithium and nickel processing plants

The Cabinet approved the Capex Support Scheme to Promote Critical Mineral Processing with ₹2,814 crore over FY 2026-27 to 2030-31. It gives a 30% capital subsidy for four plants — two lithium plants of at least 30 kt each and two nickel plants of at least 50 kt each. Cobalt is expected as a by-product of nickel processing.

Exam points

  • Outlay ₹2,814 crore; 30% capital subsidy
  • 2 lithium plants (≥30 kt) + 2 nickel plants (≥50 kt)
  • Cap: ₹500 crore per lithium and ₹900 crore per nickel beneficiary
Source: PIB (via CurrentAffairsPulse) Useful for: UPSCSSCBanking
06 National

Bharatiya Vayuyan Niyam, 2026 to replace the Aircraft Rules, 1937 from January 2027

The Bharatiya Vayuyan Niyam, 2026 were notified under the Bharatiya Vayuyan Adhiniyam, 2024 and take effect on 1 January 2027, replacing the Aircraft Rules, 1937. They have 220 rules in eight chapters and six schedules covering registration, airworthiness, licensing, aerodromes and operations. Penalties range from ₹10,000 to ₹1 crore.

Exam points

  • 220 rules, 8 chapters, 6 schedules
  • Replaces Aircraft Rules, 1937; effective 1 January 2027
  • Parent law: Bharatiya Vayuyan Adhiniyam, 2024
Source: PIB (via CurrentAffairsPulse) Useful for: SSCRailwayUPSC
07 International

India and Canada hold their first Defence Dialogue

India and Canada held their inaugural Defence Dialogue virtually on 3 November 2026 at Joint Secretary level. Priority areas are defence industrial cooperation, military-technical cooperation and defence R&D. It implements the Modi–Carney Joint Statement of 2 March 2026, which agreed to set up a defence dialogue.

Exam points

  • First India–Canada Defence Dialogue: 3 Nov 2026 (virtual)
  • Focus: defence industry, military-technical cooperation, R&D
  • Follows the Modi–Carney Joint Statement of March 2026
Source: PIB (via CurrentAffairsPulse) Useful for: UPSCDefenceSSC
08 Economy

Annual Survey of Industries 2024-25: manufacturing corporate sector GVA up 9.28%

MoSPI released Volume I and the summary results of the Annual Survey of Industries (ASI) 2024-25 for the factory sector. The manufacturing corporate sector, which holds over 89% of total GVA, grew its GVA by 9.28%. Persons engaged rose 7.57% and factories in operation rose 3.45%.

Exam points

  • ASI 2024-25 released by MoSPI
  • Corporate manufacturing GVA up 9.28%
  • Top five states hold about 54% of factory GVA
Source: PIB (via CurrentAffairsPulse) Useful for: SSCBankingUPSC
09 National

Keralam Resolution: Public Accounts Committees back an audit-para monitoring system in every legislature

The Conference of Chairpersons of Public Accounts Committees (PACs) of Parliament and State/UT legislatures, held at Thiruvananthapuram on 3–4 November 2026, adopted the Keralam Resolution. It commits PACs to a digital oversight system such as the Audit Para Monitoring System in every State/UT and standard timelines for Action Taken Notes.

Exam points

  • Venue: Thiruvananthapuram, 3–4 Nov 2026
  • Keralam Resolution: digital audit-para monitoring in all legislatures
  • PACs examine CAG audit reports
Source: PIB (via CurrentAffairsPulse) Useful for: UPSCState PSC
10 National

Draft rule: instant licence suspension when a drug is declared Not of Standard Quality

The Union Health Ministry proposed that a drug manufacturing licence be suspended immediately once a Government Analyst declares a drug Not of Standard Quality (NSQ) on key tests such as assay, dissolution or sterility. Today a show-cause process is needed first, during which the drug can stay in the market. Schedule M is also to be aligned with WHO standards.

Exam points

  • Immediate licence suspension for NSQ drugs (draft)
  • Lifted only after root cause analysis and CAPA
  • Schedule M to be aligned with WHO GMP
Source: PIB (via CurrentAffairsPulse) Useful for: SSCUPSC

Test yourself

20 questions on this day’s news · instant answers with explanations

Start quiz

Search LearnFrenzy

Esc

Quick links