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PMAY-G: Big Boost of ₹10,000 Crore for Rural Housing

Overview

The Union Government recently released over ₹10,000 crore to 12 states under the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G). The scheme aims to provide pucca houses to rural families. Launched in 2016, it focuses on women's empowerment and basic amenities, bringing India closer to the 'Housing for All' goal by 2029.

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Odisha Signs $3.3 Billion Chip Deal with Intel and 3D Glass Solutions

Overview

Odisha signed a major deal with Intel and 3D Glass Solutions on 28-29 May 2026 to bring advanced chip substrate manufacturing to India. The project, worth $3.3 billion, will be set up in Bhubaneswar, create over 1,800 jobs and strengthen India's semiconductor ecosystem.

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India Gig Workers to Get Accident Insurance, Health Cover and Pension

Overview

India is creating a social security system for gig and platform workers. The plan includes accident insurance, health coverage, maternity support, and old-age protection. The new rules link the Social Security Code, the e-Shram portal, and a new board to manage welfare benefits.

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Russia and Taliban Sign Secret Military Deal: What We Know

Overview

Russia and Afghanistan’s Taliban government signed a military-technical cooperation deal on 27 May 2026. The agreement was signed by Sergei Shoigu and Mohammad Yaqoob at a security forum near Moscow. Details are not public. This is another step in Russia’s growing relationship with the Taliban.

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India and South Korea Take Steps to Fix Trade Imbalance in CEPA Upgrade Talks

Overview

India and South Korea held the 12th round of CEPA upgrade talks in New Delhi from 25-27 May 2026. Both sides agreed to address India's growing trade deficit. They will form new sub-groups on digital trade and supply chains. The upgraded pact aims for balanced and modern trade.

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