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25 March 2026

Daily current affairs: 25 March 2026

1

Cabinet Approves India’s NDC for 2031-2035

Short Description : The Union Cabinet has officially approved India’s updated Nationally Determined Contribution (NDC) for the 2031-2035 period.

Long Description : In a significant move toward global climate leadership, the Union Cabinet has cleared India’s NDC for the cycle ending in 2035. The document serves as a pledge to the international community, detailing specific targets for reducing the emissions intensity of the GDP. The 2031-2035 roadmap emphasizes a transition toward Net Zero by 2070 while balancing the energy needs of a developing economy. Key highlights include an aggressive expansion of non-fossil fuel-based energy and the promotion of "LiFE" (Lifestyle for Environment) as a grassroots movement. This submission is crucial for India to meet its obligations under the Paris Agreement.
2

Launch of Modified UDAN Scheme with ₹28,840 Crore Outlay

Short Description : The Union Cabinet has sanctioned the Regional Connectivity Scheme – Modified UDAN, allocating ₹28,840 crore.

Long Description : The Modified UDAN scheme represents an evolution of India’s flagship regional connectivity project, specifically designed to bridge the infrastructure gap in the aviation sector. With a massive outlay of ₹28,840 crore, the government intends to develop more than 50 new airports and heliports over the next few years. The scheme focuses on making air travel affordable for the common citizen while boosting local tourism and regional economic development. By integrating digital tracking and streamlined bidding processes, the government hopes to ensure that even the most remote parts of India are linked to the major economic hubs.
3

Parliament Clears Transgender Rights (Amendment) Bill

Short Description : The Transgender Persons (Protection of Rights) Amendment Bill, 2026, was passed by the Rajya Sabha following its approval in the Lok Sabha.

Long Description : In a landmark legislative step, the Indian Parliament has passed the Transgender Rights Amendment Bill. The new law addresses long-standing grievances regarding the "Certificate of Identity" process, making it more sensitive to self-identification. It also mandates the establishment of specialized health centers and welfare boards at the state level to ensure social inclusion. While the government defended the bill as a progressive measure to provide dignity, the Opposition called for wider consultations on specific sexual orientation clauses. The legislation is expected to significantly impact the socio-economic status of the community by enforcing strict penalties for harassment and exclusion.
4

Continuation of IVFRT Scheme Approved

Short Description : The Cabinet has approved the extension of the Immigration, Visa, Foreigners Registration & Tracking (IVFRT) scheme.

Long Description : The IVFRT scheme is a critical component of India’s internal security and diplomatic infrastructure. By approving its continuation, the government ensures the seamless integration of visa processing with border control and immigration services. The system uses a centralized architecture to track foreign nationals' movements, improving the ease of travel for legitimate tourists while enhancing the ability of security agencies to monitor potential threats. This extension includes updates for e-Visa platforms and the introduction of next-generation facial recognition technology at major international airports, positioning India as a modern, tech-driven destination for global travelers and business investors.
5

India Achieves 8,000 TPA Green Hydrogen Capacity

Short Description : The Ministry of New and Renewable Energy (MNRE) announced that India has successfully commissioned 8,000 Tonnes Per Annum (TPA) of Green Hydrogen production capacity as of February 2026.

Long Description : India has made substantial progress in its quest to become a global hub for clean energy. The commissioning of 8,000 TPA of Green Hydrogen capacity reflects the successful implementation of pilot projects across various states. This achievement is a cornerstone of the National Green Hydrogen Mission, which aims to produce 5 million metric tonnes per year by 2030. The government has focused on building electrolyzer manufacturing capacity and establishing "Green Hydrogen Hubs" near major ports. This capacity addition is expected to reduce the country’s dependence on fossil fuel imports and significantly lower carbon emissions in hard-to-abate sectors like steel and fertilizers.
6

PM Surya Ghar Milestone: 9.56 GW Rooftop Solar Added

Short Description : The PM Surya Ghar: Muft Bijli Yojana has achieved a significant milestone, with 9.56 GW of rooftop solar capacity added across Indian households by March 2026.

Long Description : The PM Surya Ghar Yojana has seen a massive surge in adoption, leading to the installation of 9.56 GW of rooftop solar power. This initiative aims to provide 300 units of free electricity per month to one crore households. The government’s focus on streamlining the subsidy disbursement process and creating a national portal has incentivized middle-class families to switch to solar energy. This milestone not only helps in reducing household electricity bills but also contributes to India's larger goal of reaching 500 GW of non-fossil fuel capacity by 2030. The scheme has also boosted local manufacturing of solar panels and inverters.
7

India Targets 5,000 Tonnes of Rare Earth Production by 2030

Short Description : Union Minister Dr. Jitendra Singh informed the Lok Sabha that India is accelerating its exploration of critical minerals. The goal is to reach a domestic production capacity of 5,000 tonnes of Rare Earth Permanent Magnets by the year 2030.

Long Description : Addressing the Lok Sabha, the Minister emphasized the strategic importance of critical minerals for India’s high-tech and defense industries. The government is aggressively pursuing lithium and rare earth element exploration across states like Jammu & Kashmir, Rajasthan, and Karnataka. By targeting 5,000 tonnes of permanent magnet production, India aims to break the global monopoly in this sector, which is essential for electric vehicle (EV) motors and wind turbines. The Department of Atomic Energy and the Ministry of Mines are collaborating with private players to enhance processing capabilities, ensuring a resilient supply chain for the nation’s growing green energy and electronics sectors.
8

Kotak Mahindra Bank to Acquire Deutsche Bank’s Retail Business

Short Description : Kotak Mahindra Bank is reportedly finalizing a deal to acquire Deutsche Bank’s retail banking business in India for approximately ₹4,500 crore.

Long Description : Kotak Mahindra Bank has emerged as the preferred bidder for Deutsche Bank’s India retail portfolio, a move valued at ₹4,500 crore. The deal includes a retail portfolio of about ₹27,000 crore, covering loans, deposits, and wealth management assets. For Kotak, this acquisition is a strategic masterstroke to enhance its urban footprint and gain access to a premium client base. Deutsche Bank is exiting the retail space in India as part of its global strategy to refocus on corporate banking. This consolidation highlights the ongoing trend in the Indian banking sector where private lenders are aggressively seeking inorganic growth to dominate the retail lending landscape.
9

Bengaluru and Hyderabad Drive 50% of India’s Urban Growth

Short Description : A new report titled "WeAreCity 2026" reveals that Bengaluru and Hyderabad now contribute to more than half of India's urban growth momentum.

Long Description : The "WeAreCity 2026" report underscores the shifting economic center of gravity in India toward the south. Bengaluru and Hyderabad together accounted for 53% of all new Grade A office space added in the country's top cities over the last five years. Despite smaller populations compared to Delhi NCR or Mumbai, these cities lead in innovation, startup density, and Global Capability Centers (GCCs). In the 2024-25 fiscal year, one in every four new companies in India was registered in either of these two cities. Their contribution to domestic flight movements and entry-level hiring makes them the primary engines of India’s modern urban economy.
10

Lok Sabha Passes Finance Bill, 2026

Short Description : The Finance Bill, 2026, was passed in the Lok Sabha by voice vote. Finance Minister Nirmala Sitharaman defended the government’s fiscal management.

Long Description : Following a robust debate, the Lok Sabha approved the Finance Bill, 2026, which outlines the government's taxation and expenditure plans for the coming fiscal year. During her reply, the Finance Minister compared current fiscal health with previous regimes, highlighting the repayment of oil bonds and the management of the debt-to-GDP ratio. She noted that while nominal debt has risen, the nominal GDP has grown to ₹345 lakh crore, maintaining a sustainable trajectory. The bill includes amendments to streamline GST processes and provides incentives for sectors under the PLI scheme. The passage ensures the continuity of developmental funding for infrastructure, healthcare, and education.
11

MEA Evacuates 4.26 Lakh Citizens Amid West Asia Crisis

Short Description : The Ministry of External Affairs (MEA) has successfully facilitated the return of 4.26 lakh Indian passengers from the West Asia region following the ongoing conflict.

Long Description : The intensifying conflict in West Asia has prompted a massive humanitarian and diplomatic response from the Indian government. With 4.26 lakh citizens evacuated, the MEA has demonstrated its robust emergency response mechanism. Prime Minister Modi and world leaders have discussed the importance of keeping the Strait of Hormuz open to ensure the stability of global energy supplies. The crisis has led to volatility in oil prices and financial markets, with the Indian government waiving port fees and mapping banking risks to insulate the domestic economy. This situation underscores India’s strategic autonomy and its role as a stabilizing force in international relations during periods of heightened geopolitical tension.
12

India AI Mission Reaches 38,000 GPU Milestone

Short Description : The IndiaAI Mission has surpassed its initial targets by onboarding 38,000 GPUs to provide affordable computing power for startups.

Long Description : Under the "Make AI in India" vision, the IndiaAI Mission has achieved a major technological feat by deploying 38,000 Graphics Processing Units (GPUs). This infrastructure is vital for training large language models and developing AI applications in agriculture, healthcare, and governance. By providing these resources at highly subsidized rates, the government is leveling the playing field for Indian startups against global tech giants. The mission’s "AIKosh" platform now hosts over 5,500 datasets and 250+ AI models. This ecosystem is projected to contribute significantly to India's digital economy, which is eyeing a $280 billion revenue target this year.
13

Bank Unions Demand Reversal of New PLI Formula

Short Description : The United Forum of Bank Unions (UFBU) has demanded the immediate withdrawal of the revised Performance Linked Incentive (PLI) formula.

Long Description : The banking sector is facing industrial relations challenges as the UFBU, an umbrella body of nine unions, protests the new PLI guidelines. The unions argue that the DFS’s move departs from the established bipartite settlement framework. They have pointed out that the matter is currently under conciliation with the Chief Labour Commissioner and that any unilateral changes violate labor norms. The impasse centers on the payment of incentives for officers in scales IV to VII for the 2024-25 fiscal year. Bank employees are calling for a resolution that respects the joint note framework, warning of potential disruptions if the management does not return to bilateral negotiations.
14

Household Debt in India Crosses 41% of GDP

Short Description : Economic experts have flagged a worrying trend as household debt in India has crossed 41% of the GDP in 2026.

Long Description : India’s household debt levels have reached a new high of 41% of the GDP, marking a shift in the middle-class financial landscape. Analysts note that a significant portion of this borrowing is funding lifestyle expenses and consumption rather than traditional assets like housing or education. This trend, coupled with stagnant real wage growth in some sectors, could make households vulnerable to economic shocks. Financial advisors are urging citizens to prioritize emergency funds, especially as medical inflation in private hospitals is reported at 14%. The data highlights the need for better financial literacy and a shift back toward asset-backed borrowing to ensure sustainable economic growth.
15

ECI Holds Training and Review Meeting for Assam Officials

Short Description : The Election Commission of India (ECI) conducted a high-level review and training session for District Election Officers (DEOs) and SPs in Assam.

Long Description : In preparation for the electoral cycle in the Northeast, the Election Commission has initiated rigorous training modules for senior administrative and police officials in Assam. The session focused on ensuring free and fair elections, with a specific emphasis on the use of updated EVMs and VVPAT systems. Security protocols for sensitive booths and the management of the Model Code of Conduct were key topics of discussion. The ECI’s proactive stance aims to address any logistical challenges in remote areas and ensure that the electoral rolls are updated with high accuracy. This review is part of a nationwide effort to standardize election management practices across all states.
16

Private Healthcare Inflation in India Hits 14%

Short Description : A recent economic analysis highlights that medical inflation in Indian private hospitals has surged to 14% annually.

Long Description : The rising cost of healthcare has become a major economic concern in 2026, with private medical inflation far outstripping the headline Consumer Price Index (CPI). At 14%, the cost of surgeries and specialized treatments is doubling every few years, making insurance and emergency savings critical for the average Indian family. Experts suggest that the increase is driven by higher technology costs, rising salaries for healthcare professionals, and a shortage of tertiary care facilities in Tier-2 cities. This trend underscores the importance of government initiatives like Ayushman Bharat to expand coverage and regulate costs in the private sector to prevent medical bankruptcies.