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Current Affairs 12 November 2026

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For your exam

60-second revision

  1. Cabinet approves ₹62,370 crore fertiliser subsidy for Rabi 2026-27; DAP stays at ₹1,350 a bag
  2. Cabinet extends Stand-Up India and the Mudra credit guarantee fund till 31 March 2031
  3. Swachh Survekshan 2025-26: Navi Mumbai tops Super Swachh League; Surat second, Vijayawada third
  4. CCEA approves ₹3,230 crore Yuge Yugeen Bharat Museum at North and South Blocks
  5. India bans export of lithium-ion battery black mass to keep critical minerals at home
  6. Defence Ministry signs ₹498.58 crore deal with Cochin Shipyard to refit and re-power INS Betwa
  7. First BIMSTEC Health Ministers’ Meeting held in Colombo; India to host traditional medicine centre
  8. Second India–Italy Science and Innovation Dialogue in Rome on 12 November; Dr Jitendra Singh leads India
  9. Niraj Kumar wins 50m rifle 3 positions bronze at ISSF World Championship; earns LA 2028 quota
  10. Public Service Broadcasting Day, 12 November: Gandhi’s only visit to All India Radio in 1947
01 Economy Top story

Cabinet approves ₹62,370 crore fertiliser subsidy for Rabi 2026-27; DAP stays at ₹1,350 a bag

The Union Cabinet, chaired by Prime Minister Narendra Modi, on 11 November 2026 approved Nutrient Based Subsidy (NBS) rates on phosphatic and potassic (P&K) fertilisers for Rabi 2026-27, from 1 October 2026 to 31 March 2027. The tentative outlay is ₹62,370 crore, about ₹24,417.73 crore more than the ₹37,952.29 crore for Rabi 2025-26. The price of di-ammonium phosphate (DAP) stays at ₹1,350 per 50-kg bag.

Exam points

  • Outlay: ₹62,370 crore for Rabi 2026-27 (1 Oct 2026–31 Mar 2027)
  • DAP price unchanged at ₹1,350 per 50-kg bag
  • Nodal body: Department of Fertilizers; NBS regime in place since 2010
Source: Daily Excelsior (PTI) Useful for: BankingSSCUPSCState PSC
02 Banking Awareness Top story

Cabinet extends Stand-Up India and the Mudra credit guarantee fund till 31 March 2031

On 11 November 2026, the Union Cabinet extended the Stand-Up India scheme for five years, till 31 March 2031, with a credit guarantee corpus of ₹4,111 crore. It aims to reach at least 2.5 lakh more women, Scheduled Caste and Scheduled Tribe entrepreneurs with loans above ₹10 lakh and up to ₹1 crore. The Cabinet also extended the Credit Guarantee Fund for Micro Units (CGFMU) till March 2031 with a ₹5,000 crore corpus, expected to support ₹12.6 lakh crore of Mudra loans.

Exam points

  • Stand-Up India: corpus ₹4,111 crore; target 2.5 lakh more entrepreneurs
  • Loans above ₹10 lakh to ₹1 crore; scheme launched in April 2016
  • CGFMU: ₹5,000 crore corpus; guarantees through NCGTC
Source: Daily Excelsior (PTI) Useful for: BankingInsuranceSSCState PSC
03 Awards & Honours Top story

Swachh Survekshan 2025-26: Navi Mumbai tops Super Swachh League; Surat second, Vijayawada third

President Droupadi Murmu presented the 10th Swachh Survekshan Awards (2025-26) at Vigyan Bhavan, New Delhi, on 11 November 2026. The survey by the Ministry of Housing and Urban Affairs covered 4,751 cities. Navi Mumbai topped the Super Swachh League, followed by Surat and Vijayawada. In the Swachh Shehar Jodi category, the Ahmedabad–Sanand pair came first, ahead of Indore–Depalpur and Tirupati–Kuppam.

Exam points

  • Super Swachh League: 1 Navi Mumbai, 2 Surat, 3 Vijayawada
  • Swachh Shehar Jodi: Ahmedabad–Sanand first
  • 10th edition; 4,751 cities; Ministry of Housing and Urban Affairs
Source: ETV Bharat Useful for: SSCRailwayState PSCBanking
04 National

CCEA approves ₹3,230 crore Yuge Yugeen Bharat Museum at North and South Blocks

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on 11 November 2026 approved the Yuge Yugeen Bharat Museum in the North and South Block complex, New Delhi, at an estimated cost of ₹3,230 crore. The historic buildings will be adapted for reuse as a museum. The Prime Minister had announced the project on 18 May 2023, and the first gallery is expected to open in 2027.

Exam points

  • Cost: ₹3,230 crore; approved by the CCEA on 11 Nov 2026
  • Site: North and South Blocks, New Delhi (adaptive reuse)
  • Announced on 18 May 2023, International Museum Day
Source: The Statesman Useful for: SSCUPSCState PSCRailway
05 Economy

India bans export of lithium-ion battery black mass to keep critical minerals at home

The Directorate General of Foreign Trade (DGFT) issued a notification on 10 November 2026 changing the export policy for specified lithium-ion battery black mass under ITC (HS) code 85491400 from ‘Free’ to ‘Prohibited’, with immediate effect. Black mass is the powder left after spent batteries are shredded and holds critical minerals such as lithium, cobalt and nickel. The ban aims to ensure it is recycled and refined within India.

Exam points

  • Export policy: ‘Free’ to ‘Prohibited’; ITC (HS) code 85491400
  • Notified by DGFT on 10 November 2026, with immediate effect
  • DGFT works under the Ministry of Commerce and Industry
Source: ThePrint (PTI) Useful for: BankingUPSCSSCState PSC
06 Defence

Defence Ministry signs ₹498.58 crore deal with Cochin Shipyard to refit and re-power INS Betwa

The Ministry of Defence signed a ₹498.58 crore contract with Cochin Shipyard Limited in New Delhi on 11 November 2026 for the normal refit and re-powering of INS Betwa, in the presence of Defence Secretary Rajesh Kumar Singh. The Brahmaputra-class guided-missile frigate will have its steam-based propulsion replaced with a diesel engine-based system and its weapon suite upgraded. More than 50 MSMEs are expected to take part.

Exam points

  • Contract: ₹498.58 crore with Cochin Shipyard Limited
  • Steam propulsion to be replaced by diesel engines
  • INS Betwa: Brahmaputra-class frigate; 50+ MSMEs to take part
Source: ThePrint (PTI) Useful for: DefenceSSCUPSC
07 International

First BIMSTEC Health Ministers’ Meeting held in Colombo; India to host traditional medicine centre

The first BIMSTEC Health Ministers’ Meeting was held in Colombo, Sri Lanka, on 11 November 2026. Union Health Minister J.P. Nadda led India and called for closer cooperation on pandemic preparedness, health security, the One Health approach and traditional medicine. India highlighted its commitment to host the BIMSTEC Centre of Excellence in Traditional Medicine at Jamnagar, Gujarat. The meeting approved a revised Plan of Action for 2026–2030.

Exam points

  • Venue: Colombo, Sri Lanka; India led by J.P. Nadda
  • BIMSTEC Centre of Excellence in Traditional Medicine: Jamnagar
  • BIMSTEC: founded 1997; 7 members; Secretariat in Dhaka
Source: The Tribune (ANI) Useful for: UPSCState PSCSSC
08 International

Second India–Italy Science and Innovation Dialogue in Rome on 12 November; Dr Jitendra Singh leads India

Dr Jitendra Singh, Minister of State (Independent Charge) for Science and Technology and Earth Sciences, left for Italy on 11 November 2026 to lead India at the Second India–Italy Science and Innovation Dialogue, scheduled in Rome on 12 November. The dialogue is to set a joint action agenda for future cooperation. He is to meet Italian ministers Anna Maria Bernini (University and Research) and Adolfo Urso (Space and Aerospace Policy) and visit research centres in Trieste on 13 November.

Exam points

  • Second India–Italy Science and Innovation Dialogue: Rome, 12 Nov 2026
  • India led by Dr Jitendra Singh, MoS (IC) Science and Technology
  • Trieste visit: Elettra Synchrotron, ICTP and ICGEB
Source: Daily Excelsior Useful for: UPSCState PSCSSC
09 Sports

Niraj Kumar wins 50m rifle 3 positions bronze at ISSF World Championship; earns LA 2028 quota

Niraj Kumar won bronze in the men’s 50m rifle 3 positions at the ISSF World Championship in Doha, Qatar, on 11 November 2026, scoring 346.5 in the final. Dmitrii Pimenov (Individual Neutral Athletes) won gold with a junior world record 362.8, and Patrik Jany of Slovakia took silver. The medal earned India’s first rifle quota place for the Los Angeles 2028 Olympics, after Jaypal Malviya’s 10m air pistol silver gave India its first shooting quota.

Exam points

  • Event: men’s 50m rifle 3 positions; final score 346.5
  • India’s first rifle quota for the Los Angeles 2028 Olympics
  • Gold: Dmitrii Pimenov (AIN); silver: Patrik Jany (Slovakia)
Source: The Tribune (ANI) Useful for: SSCRailwayState PSC
10 Important Days

Public Service Broadcasting Day, 12 November: Gandhi’s only visit to All India Radio in 1947

Public Service Broadcasting Day (Jan Prasaran Diwas) is observed every year on 12 November. It marks the day in 1947 when Mahatma Gandhi visited Broadcasting House of All India Radio in Delhi, his only visit to the station, and addressed refugees of Partition living at the Kurukshetra camp. All India Radio rededicates itself to public service broadcasting on this day. It is known as Akashvani and is part of Prasar Bharati.

Exam points

  • Observed on 12 November; also called Jan Prasaran Diwas
  • Marks Gandhi’s 1947 address to Partition refugees at Kurukshetra camp
  • All India Radio (Akashvani) is part of Prasar Bharati
Source: PIB Useful for: SSCRailwayState PSC

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