Today's UPSC Current Affairs (2026-05-01) — 10 Handpicked Stories

Illustration about Economy: India's gross [Goods and Services Tax] (GST) collections reached a record high of Rs 2.42 lakh crore in April 2026, driv

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EconomyGS 3Prelims + Mains

India’s gross GST collections hit record Rs 2.42 lakh crore in April, up 8.7%

India's gross [Goods and Services Tax] (GST) collections reached a record high of Rs 2.42 lakh crore in April 2026, driven largely by year-end business reconciliations and a significant surge in import-linked revenues. While net domestic revenue grew modestly, external trade proved to be a critical driver of the collections, highlighting the complex dynamics of consumption and domestic manufacturing.

Goods and Services Tax GST Current Account Deficit+2 more

Read on Economic Times · +1 source Dive Into Study Notes

Illustration about Environment & Ecology: The Union Government released a factsheet defending the ₹81,000-crore [Great Nicobar Project], asserting its strategic,

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EnvSocialGS 2 · GS 3Prelims + Mains

After Rahul’s ‘gravest crime’ attack on Nicobar project, Centre claims no relocation of tribes, underlines ‘strategic, economic, defence’ purpose

The Union Government released a factsheet defending the ₹81,000-crore [Great Nicobar Project], asserting its strategic, maritime, and defence necessity in the Indo-Pacific region. This comes amid criticism alleging environmental destruction and the violation of tribal rights, particularly concerning the proposed felling of trees and the potential displacement of the indigenous Nicobarese and Shompen communities.

Great Nicobar Project Environmental Impact Assessment (EIA)Forest Rights Act, 2006+2 more

Read on Indian Express Dive Into Study Notes

Illustration about Economy: The Government of Karnataka has launched India's first digital grievance redressal system specifically designed for plat

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EconomySocialGS 2 · GS 3Prelims + Mains

Karnataka government launches India’s first digital grievance redressal system for gig workers

The Government of Karnataka has launched India's first digital grievance redressal system specifically designed for platform-based gig workers. The system, developed by the newly formed Karnataka Platform-based Gig Workers’ Board and integrated with the state's Integrated Public Grievance Redressal System (IPGRS), allows workers to formally lodge complaints regarding pay, working conditions, and disputes with technology aggregators.

Code on Social Security, 2020

Read on The Hindu Dive Into Study Notes

Illustration about Economy: The [Unified Payments Interface] (UPI) has reached a significant milestone, recording 24,162 crore transactions valued a

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EconomyS&TGS 3Prelims + Mains

UPI hits record scale: 24,162 crore transactions worth ₹314 lakh crore in FY26

The [Unified Payments Interface] (UPI) has reached a significant milestone, recording 24,162 crore transactions valued at ₹314 lakh crore in FY26. This data, released by the government, highlights the massive scale and widespread adoption of this digital payment platform across urban, semi-urban, and rural areas in India.

Unified Payments Interface National Payments Corporation of India Digital Public Infrastructure+2 more

Read on The Hindu Dive Into Study Notes

Illustration about Economy: The [Reserve Bank of India] (RBI) has significantly accelerated the repatriation of India's gold reserves, shifting 104.

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EconomyIRGS 2 · GS 3Prelims + Mains

Give our bullion back: India wants its gold under own lock and key

The [Reserve Bank of India] (RBI) has significantly accelerated the repatriation of India's gold reserves, shifting 104.23 metric tonnes back to domestic storage within six months. As of March 2026, approximately 77% of India’s 880.52 metric tonnes of gold is now stored within the country, a sharp increase from 37% in March 2023.

Reserve Bank of India Special Drawing Rights International Monetary Fund+2 more

Read on Economic Times Dive Into Study Notes

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OtherOtherGS 2Mains Focus

Should the PIL jurisdiction be reconsidered?

The Union government has urged the [Supreme Court] to reconsider the framework for [Public Interest Litigation] (PIL), citing concerns over "agenda-driven litigation." This argument arose during the ongoing Sabarimala reference case, sparking a debate on whether the PIL jurisdiction, originally designed to empower the marginalized, requires reform due to potential misuse.

Supreme Court Public Interest Litigation Article 32+2 more

Read on The Hindu Dive Into Study Notes

Illustration about Infrastructure: An attempted detonation occurred on the [Eastern Dedicated Freight Corridor] (EDFC) in Punjab, the second such incident

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OtherSecurityGS 3Prelims + Mains

Attempted blast on Punjab railway track: What are dedicated freight corridors?

An attempted detonation occurred on the [Eastern Dedicated Freight Corridor] (EDFC) in Punjab, the second such incident in three months. The incidents highlight the vulnerability of critical national infrastructure to sabotage and underscore the strategic importance of the [Dedicated Freight Corridor] (DFC) project in modernising India's logistics.

Eastern Dedicated Freight Corridor Dedicated Freight Corridor Dedicated Freight Corridor Corporation of India Limited+2 more

Read on Indian Express Dive Into Study Notes

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