🔶 State Finances & Fiscal Policy

Uttar Pradesh Budget 2026–27

• Total Outlay: ₹9.13 lakh crore

• Growth: 12.2% increase over previous FY

• Signals continued emphasis on infrastructure, welfare expenditure, and capital formation.

🔶 Governance, Innovation & Startup Ecosystem

Revised Startup Recognition Framework
Government of India strengthened the Startup India Action Plan by refining recognition norms.
Focus areas: innovation quality, technology depth, manufacturing linkages, and scalability.
Exam relevance: Innovation policy, startup regulation, emerging technology ecosystem.

iLive Connect – AI-Powered Home Healthcare Ecosystem
India launched the world’s first doctor-led, AI-enabled home healthcare platform.
Integrates clinical expertise with AI diagnostics and remote patient management.
GS-II / GS-III linkage: Digital health, AI in healthcare, preventive medicine models.

Banking, Monetary Policy & Financial Regulation

Risk-Based Premium (RBP) for Deposit Insurance – DICGC

• DICGC, with RBI approval, introduced a Risk-Based Premium framework for deposit insurance.

• Premiums payable by banks will now reflect their risk profile, incentivising better risk management.

• Exam relevance:

  • Banking supervision reforms

  • Strengthening depositor protection

  • Shift from uniform pricing to risk-sensitive regulation.

Governance, Housing & Urban Development

PMAY-Urban 2.0 Housing Approval

• Ministry of Housing & Urban Affairs cleared construction of 3.53 lakh+ urban houses.

• Objective: Accelerate urban affordable housing, reduce housing deficit, and support inclusive urbanisation.

• Exam linkage: Urban poverty alleviation, housing for all, Centre–State implementation architecture.

🔶 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