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Daily Current Affairs – 4 November, 2026

    PACs Ensure Efficient use of Public Money: Lok Sabha Speaker

    Context

  • Lok Sabha Speaker urged Public Accounts Committees (PACs) for time-bound action on pending audit observations and greater scrutiny of the outcomes of government spending.

    • Recommendations by LS Speaker

  •  For infrastructure projects, committees should, wherever appropriate, visit sites to examine construction quality, timely completion and compliance with prescribed standards.
  • Scrutiny of welfare schemes should assess their actual impact on beneficiaries rather than focus solely on the amount spent, he said.
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    World Day Against the Death Penalty

    Context

  • The World Day Against the Death Penalty is observed annually on October 10 to advocate for the abolition of capital punishment.

    • About

  • In Bachan Singh v. State of Punjab (1980), the Constitution Bench upheld the death penalty, but imposed specific conditions in the shape of guidelines for the exercise of judicial discretion.  
  • Now in Section 393(3) of the Bharatiya Nagarik Suraksha Sanhita (BNSS), 2023, life imprisonment was to be the norm, and death sentence could be imposed only for “special reasons”. 
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    Need for a National Urbanisation Policy in India

    Context

  • The Union Budget, Economic Survey 2026 and 16th Finance Commission have emphasised the need for a National Urbanisation Policy to address gaps in urban planning and governance.

    • Status of Urbanisation in India

  • Urban population: India had 377 million urban residents across approximately 8,000 cities and towns in 2011. 
  • The United Nations estimates that 44% of India's population currently lives in urban areas, which is projected to exceed 720 million by 2050.
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    Pumped Storage Hydropower

    Context

  • India is expanding its pumped storage hydropower capacity to support renewable energy integration, grid stability, and energy security.

    • Need for Pumped Storage Hydropower

  • As of September 2026, India has 308.027 GW of installed non-fossil fuel-based electricity generation capacity.  
  • During FY 2025–26, India added around 55.29 GW of non-fossil fuel capacity. It has also set a target of 500 GW of non-fossil fuel capacity by 2030. 
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    News In Brief 04-11-2026

    Context

  • The Ministry of External Affairs reiterated that India and Bangladesh have a “structured mechanism” to deal with the Ganga Water Treaty requirements.

    • About

  •  The bilateral Ganga Water Treaty is set to expire on December 12.
  • The treaty was signed in 1996 between India and Bangladesh. 
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