Daily Current Affairs & GK Compendium — 31 August 2026
Economy: National Statistical Office reports India's Real GDP grew by 7.8% in Q1 FY 2026-27, driven by manufacturing and robust capital formation.
Master August 2026 current affairs with daily executive summaries, thematic breakdowns, static GK foundations, and interactive practice tests curated for UPSC, SSC, Banking, Railways & State PSCs.
Economy: National Statistical Office reports India's Real GDP grew by 7.8% in Q1 FY 2026-27, driven by manufacturing and robust capital formation.
Diplomacy: Prime Minister concludes a landmark State Visit to Uzbekistan, elevating bilateral relations to a Comprehensive Strategic Partnership and announcing USD 1 million for Aral Sea restoration.
Sports: India observes National Sports Day on 29 August, honouring Major Dhyan Chand with the nationwide 'Ek Ghanta Khel Ke Maidan Mein' campaign.
Financial Inclusion: Pradhan Mantri Jan Dhan Yojana (PMJDY) completes 12 years of operations on 28 August 2026, surpassing 53 crore bank accounts with cumulative deposits exceeding Rs 2.3 lakh crore.
Defence Tech: India and the UK finalize an Inter-Governmental Agreement (IGA) to develop Integrated Full Electric Propulsion (IFEP) for Indian Navy Landing Platform Docks (LPDs), setting up India's first land-based marine testing facility via BHEL and GE Vernova.
Social Security: e-Shram Portal completes five years of operations on 26 August 2026, registering over 31.89 crore unorganized workers on India's first Aadhaar-authenticated National Database of Unorganised Workers (NDUW).
Digital Payments: Unified Payments Interface (UPI) completes a decade on 25 August 2026, expanding from a 21-bank pilot in 2016 to over 24,162 crore annual transactions worth nearly Rs 314 lakh crore in FY 2025-26.
Polity & Law: Parliament enacts the Prevention of Insults to National Honour (Amendment) Act, 2026, extending statutory criminal-law protection to the National Song (Vande Mataram) under Section 3.
Industrial Policy and Electronics: Ministry of Electronics and Information Technology (MeitY) notifies the ₹62,500-crore Mobile Phone Manufacturing Scheme (MPMS) for FY 2026-27 to FY 2030-31, succeeding the PLI-LSEM scheme to drive domestic value addition and Indian-owned global brands.
Judiciary and Ecology: Supreme Court establishes a uniform definition of the Aravalli Hills as land rising 100 meters above local ground level to enforce uniform environmental protections.
Judiciary: Supreme Court 9-judge Constitution Bench sets aside the 1978 Bangalore Water Supply precedent for the new Industrial Relations Code (IRC), 2020.