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News In Short 27-02-2026

In News

  • The Prime Minister paid tribute to the revolutionary Chandrashekhar Azad marking his Martyrdom Day.

    • About Chandrashekhar Azad

  • Chandrashekhar Azad was a great Indian freedom fighter and he was born on July 23, 1906 in Badarka village of Unnao district in Uttar Pradesh.
  • He actively participated in the Non-Cooperation Movement (1920–22) launched by Mahatma Gandhi.
  • When produced before a magistrate, he declared his name as “Azad,” father’s name as “Swatantra,” and residence as “Jail.” After being publicly flogged, he adopted the title Azad, meaning “Free,” as his permanent identity.

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    Industrial Corridors of India

    In News

  • The 2026–27 Union Budget announced an integrated East Coast Industrial Corridor with a key node at Durgapur, creating modern, globally competitive industrial hubs and greenfield investment regions.

    • Industrial corridors

  • They  are linear development zones that connect major economic centres through an integrated network of roads, railways, ports, and airports. 
  • Industrial corridors play a fundamental role in metamorphosing regional economies by creating environments where industries can operate efficiently, sustainably, and competitively. 

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    Attracting Talent Positioned Abroad

    Context

  • Recent tightening of U.S. immigration policy has created uncertainty for highly skilled foreign workers, prompting the government to attract its global talent back through targeted initiatives and better opportunities.

    • India’s Dominance in High-Skill Migration to the U.S.

  • Indian nationals accounted for nearly 71% of H-1B approvals in FY2024, reflecting overwhelming dependence on this channel for high-skill mobility.
  • A large proportion of beneficiaries possess advanced degrees, indicating that migration involves highly trained human capital.
  • The share of master’s degree holders has steadily increased over the decades, demonstrating the rising knowledge intensity of Indian migration.

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    India Secures Preferential Access to Two-Thirds of Global Trade Through FTAs

    Context

  • The Union Minister of Commerce and Industry said that India now enjoys preferential trade access to nearly two-thirds of global trade through a series of free trade agreements.

    • Free Trade Agreement (FTA)

  • FTAs are arrangements between two or more countries or trading blocs that primarily agree to reduce or eliminate customs tariff and non tariff barriers on substantial trade between them.
  • They can cover both goods and services. It also addresses issues such as investment, mobility of professionals, and regulatory cooperation.
  • India uses different terms to denote the scope and depth of trade agreements.

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    Supreme Court Bans NCERT Chapter on Judicial Corruption

    Context

  • Recently, the Supreme Court of India has imposed a blanket ban on a Class 8 NCERT textbook chapter dealing with corruption in the judiciary, and warned of ‘serious action’ in case of non-compliance.

    • Observations of the Supreme Court

  • A Bench headed by Chief Justice Surya Kant made the following key observations:
  • The inclusion of the chapter appeared to be a ‘calculated move to undermine the institution’.
  • It may amount to criminal contempt due to its potential to lower the authority of the judiciary.

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    AI is Rapidly Transforming India’s Legal Ecosystem

    Context

  • The recently concluded India AI Impact Summit 2026 showcased how AI is rapidly transforming India’s legal ecosystem with AI-powered research tools.

    • Use of AI in India’s Justice System

  • In the Supreme Court, High Courts, National Informatics Centre (NIC) AI tools are now assisting various functions such as:  
  • Transcription of oral arguments,
  • Translation of judgments,

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    PM Visit to Israel

    Context

  • The Prime Minister paid an official visit to Israel.

    • Major Outcomes

  • Both nations elevated their relationship to Special Strategic Partnership.
  • The Joint Commission  on Science and Technology has been elevated to Ministerial level.
  • Initiative to collaborate in Critical and Emerging Technologies led by National Security Advisors.

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    Reimagining FCI: From Open-Ended Procurement to Smart Buffer Management

    Published on: 27 February, 2026

    After the six decades of establishment of the Food Corporation of India (FCI), India’s agricultural landscape has transformed, from scarcity to surplus, while food security remains non-negotiable, calling for a strategic recalibration of FCI’s role to ensure fiscal prudence, efficiency, and sustainability.

    News In Short 26-02-2026

    Context

  • The 5th National MSME Council has reviewed the progress of the World Bank supported RAMP Programme. 

    • Raising and Accelerating MSME Performance (RAMP)

  • RAMP is a World Bank supported Central Sector Scheme aimed at improving access of MSMEs to market, finance and technology upgradation by enhancing the outreach of existing MoMSME schemes. 
  • Objective:
  • Accelerating Centre- State collaboration in MSME promotion and development.

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