7 February 2026 Current Affairs

🔶 Education, Youth & Social Development

Pariksha Pe Charcha (PPC) 2026

• 9th edition held at Bharat Mandapam, New Delhi .

• Focuses on exam stress management, student well-being, parental guidance, and teacher engagement .

• Exam relevance :

  • Education reforms

  • Mental health in adolescents

  • Soft governance initiatives in education

🔶 Cooperative Sector, Women & Youth Empowerment

NCDC Schemes: Yuva Sahakar & Swayamshakti Sahakar

• Promote innovation, youth entrepreneurship, inclusivity, and women empowerment in cooperatives.

• Exam angle :

  • Cooperative federalism

  • Inclusive economic models

  • Women-led development

Bharat Taxi – Cooperative Ride-Hailing Platform

• India’s first cooperative-based cab service , launched by Amit Shah.

• Significance :

  • Platform cooperativism

  • Alternative to gig-economy monopolies

  • Local ownership & fair income distribution

🔶 Governance, Land & Ageing Policy

Karnataka: Automatic Property Mutation System

• Digitised, time-bound mutation of land records.

• Improves ease of property transactions & revenue transparency .

• Exam relevance :

  • Land governance

  • Digital public infrastructure (DPI)

  • Ease of doing business

Kerala’s Elderly Budget (FY27)

• First Indian state to present a dedicated budget for senior citizens .

• Addresses ageing, pensions, healthcare & social security.

• GS relevance :

  • Demographic transition

  • Ageing policy

  • Welfare-state innovation

🔶 International Relations & Trade

India–GCC Free Trade Agreement (FTA)

• Terms of Reference signed , formally launching negotiations.

• Covers energy, trade, investment, diaspora, logistics .

• High exam value :

  • West Asia diplomacy

  • Trade diversification

  • Strategic economic partnerships

Upendra Nath Brahma Award 2025

• Conferred on Queen Mother of Bhutan .

• Symbolises India–Bhutan civilisational & humanitarian ties .

🔶 Economy, Banking & Insurance

Insurance Laws (Amendment) Act, 2025

• Allows 100% FDI in insurance .

• Implications :

  • Capital inflow

  • Global best practices

  • Insurance penetration

RBI Gold Purchases (2025)

• Only 4 tonnes , down from 73 tonnes (2024) .

• Reason: High gold prices .

• Exam angle :

  • Forex reserves composition

  • Central bank strategy

SBI & Axis Bank Initiatives

• SBI :

  • $1 billion social loan from MUFG (Japan)

  • SBIMF launched InvesTap Nxt (digital investing)

• Axis Bank :

  • Rooftop Solar Finance for MSMEs

• GS relevance :

  • Green finance

  • Sustainable banking

  • Financial inclusion

Alwar (Rajasthan): 100% Insurance Coverage

• First district under “Insurance for All by 2047” .

• Prelims-friendly fact + welfare policy linkage.

🔶 Defence, Space & Strategic Technology

Indigenous Defence Manufacturing

• Sagar Defence delivered first Unmanned Surface Vessels (USVs) to Navy.

• BEML signed Tripartite MRA for R&D collaboration.

• Adani Defence–Leonardo MoU strengthens aerospace manufacturing.