Project Insight (AI in Tax Administration)
NATIONAL
Why in News:
India is expanding the use of Artificial Intelligence (AI) in tax administration through Project Insight (PI) to boost compliance and revenue, while raising concerns over privacy and fairness.
Key Highlights:
• Project Insight (PI) is an initiative of the Income Tax Department of India, launched in 2017 and operational since 2019.
• It uses AI and data analytics to build a 360° financial profile of taxpayers by integrating:
– Banking data
– GST records
– Property details
– High-value transactions
Purpose:
– Detect tax evasion
– Improve voluntary compliance
– Enable risk-based scrutiny
UPSC/BPSC
National Commission for Backward Classes (NCBC)
NATIONAL
Why in News:
Niranjan Jyoti has assumed charge as Chairperson, and Kiran Umesh Mahalle as Member of the National Commission for Backward Classes.
Key Highlights:
• NCBC is a constitutional body for the welfare of Socially and Educationally Backward Classes (SEBCs).
• It was initially set up in 1993 as a statutory body and later given constitutional status by the 102nd Constitutional Amendment Act, 2018.
• Constitutional Basis: Article 338B of the Constitution.
It functions alongside:
– National Commission for Scheduled Castes (Article 338)
– National Commission for Scheduled Tribes (Article 338A)
Composition:
– Chairperson
– Vice-Chairperson
– 3 Members
Tenure:
• Salary, allowances, and service conditions are determined by the President.
UPSC/BPSC
India’s Fiscal Deficit (2025–26)
NATIONAL
Why in News:
India’s fiscal deficit reached ₹12.52 trillion by February 2026, which is 80.4% of the annual target, lower than 85.8% in the same period of 2024–25. The data was released by the Controller General of Accounts under the Ministry of Finance.
Key Highlights:
• The fiscal deficit target for 2025–26 is ₹15.58 trillion, i.e., 4.4% of GDP.
• The current level (80.4%) indicates better fiscal consolidation compared to last year.
• Lower percentage suggests controlled government spending and improved revenue management.
• These figures are part of the monthly accounts compiled by CGA.
What is Fiscal Deficit?
UPSC/BPSC
Japan to Set Up Support Centre for Firms in India
NATIONAL
Why in News:
Japan is launching a specialized support centre to assist its companies in expanding operations in India.
Key Highlights:
• The centre will act as a facilitator for Japanese firms, helping them navigate:
– India’s complex tax system
– State-level regulations
– Legal and procedural challenges
• It aims to reduce operational hurdles and improve ease of doing business for Japanese investors.
• The initiative supports the ₹10 trillion yen (USD 62.6 billion) investment target set by India and Japan in August 2025 for the next decade.
Targeted Sectors:
– Artificial Intelligence (AI)
– Startups
– Critical minerals
– Along with traditional sectors like manufacturing
FDI Status:
– Japan is the 5th largest source of FDI in India
– Total investment: USD 43.2 billion (2000–Dec 2024)
– Major sectors: automobiles and telecommunications
UPSC/BPSC
Khelo India Tribal Games 2026
NATIONAL
Why in News:
India is hosting its first national multi-sport event for tribal athletes — Khelo India Tribal Games (25 March – 3 April 2026) in Chhattisgarh (Raipur, Jagdalpur, Surguja).
Key Highlights:
• The Games are jointly organised by:
– Ministry of Youth Affairs and Sports
– Sports Authority of India
– Indian Olympic Association
– National Sports Federations & Chhattisgarh Government
Mascot: “Morveer” symbolising tribal pride, identity, and bravery.
Participation:
– 60,000+ athletes
– Competing for 338 medals
Sports Included:
– Medal sports: Athletics, Football, Hockey, Weightlifting, Archery, Swimming, Wrestling
– Indigenous sports: Kabaddi, Mallakhamb.
UPSC/BPSC
Odisha Day (Utkal Divas)
NATIONAL
Why in News:
Amit Shah extended greetings to the people of Odisha on the occasion of Odisha Day (Utkal Divas) celebrated on 1st April.
Key Highlights:
• Odisha Day commemorates the formation of Orissa Province in 1936 under British rule.
• It was the first state in India formed on a linguistic basis.
• The day celebrates Odia identity, language, culture, and heritage.
• Statehood Movement:
– Demand for a separate Odisha province gained momentum in early 20th century
– Examined by a British subcommittee in 1928 led by Clement Attlee
Constitutional Evolution:
UPSC/BPSC
Amaravati Declared Sole Capital of Andhra Pradesh
NATIONAL
Why in News:
The Lok Sabha has passed the Andhra Pradesh Reorganisation (Amendment) Bill, 2026, officially declaring Amaravati as the sole and permanent capital of Andhra Pradesh.
Key Highlights:
• The Bill gives legal and permanent status to Amaravati as the state capital.
• It aims to protect the capital status from future political changes or policy shifts.
• The legislation was introduced after a resolution passed by the Andhra Pradesh Legislative Assembly.
• The Assembly had requested the Union Government to formalise Amaravati’s status.
Statutory Amendment:
UPSC/BPSC
1st BRICS Youth Coordination Meeting
NATIONAL
Why in News:
India conducted the 1st BRICS Youth Coordination Meeting in virtual mode, initiating youth engagement activities under its BRICS Chairship.
Key Highlights:
• The meeting was organised by the Department of Youth Affairs under the Ministry of Youth Affairs and Sports.
• It marked the beginning of structured youth collaboration within BRICS framework.
Theme: “Building for Resilience, Innovation, Cooperation and Sustainability.”
UPSC/BPSC
Jan Vishwas (Amendment of Provisions) Bill, 2026
NATIONAL
Why in News:
The Lok Sabha has passed the Jan Vishwas (Amendment of Provisions) Bill, 2026, aiming to promote Ease of Doing Business (EoDB) and Ease of Living by shifting from a punitive to a trust-based governance model.
Key Highlights:
• The Bill focuses on decriminalisation of minor offences to reduce compliance burden on businesses and citizens.
• It promotes trust-based governance instead of strict penal provisions.
Scope and Scale:
– Amends 784 provisions across 80 Central Acts
– Covers 23 Ministries
– 717 provisions decriminalised
Key Acts Amended:
– Reserve Bank of India Act, 1934
– Food Safety and Standards Act, 2006
– Motor Vehicles Act, 1988
UPSC/BPSC
Kaynes Semiconductor Plant Inaugurated
NATIONAL
Why in News:
Narendra Modi inaugurated the Kaynes Semicon Plant in Sanand, Gujarat on 31 March 2026,
Key Highlights:
• The plant is set up by Kaynes Technology.
• It will enable domestic chip production, reducing dependence on imports.
• The facility is located in Sanand, Gujarat, an emerging electronics and semiconductor hub.
UPSC/BPSC
BIHAR NEWS
Third Zoological Park in Gaya
NATIONAL
Why in News:
The Bihar government is planning to establish a new zoological park in Gaya district, subject to approval from the Central Zoo Authority.
Key Highlights:
• The proposed location is near Jamari on the Gaya–Dobhi road.
• The zoo will enhance wildlife conservation, tourism, and local economy.
• Once approved, it will become Bihar’s third major zoo.
– Sanjay Gandhi Biological Park
– Rajgir Zoo Safari
UPSC/BPSC
BIHAR NEWS
Bihar’s First Living-Donor Liver Transplant
BIHAR SPECIAL
Why in News:
Ruben Memorial, Hospital Patna successfully performed Bihar’s first living-donor liver transplant (LDLT).
Global Background (LDLT):
UPSC/BPSC
BIHAR NEWS
FCM Therapy Initiative
BIHAR SPECIAL
Why in News:
Mangal Pandey launched the FCM (Ferric Carboxymaltose) Therapy Initiative in Patna to strengthen anemia management in Bihar.
Key Highlights:
• The programme was launched at Urja Auditorium, Rajvanshi Nagar, Patna.
Ferric Carboxymaltose (FCM) Therapy
UPSC/BPSC
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UPSC/BPSC
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