Home  /  Daily Current Affairs  /  05-02-2026

Daily Current Affairs – 5 February, 2026

    Denotified Tribes Demand Constitutional Recognition and Separate Census Enumeration

    Context

  • Denotified Tribes (DNTs), Nomadic Tribes (NTs), and Semi-Nomadic Tribes (SNTs) across India are demanding a separate column in the 2027 caste census and constitutional recognition through a distinct Schedule, citing long-standing political misclassification, and exclusion from welfare benefits.

    • Nomadic, Semi Nomadic, and Denotified Tribes (NTs, SNTs, and DNTs)

  • Nomadic and semi-nomadic communities are defined as those who move from one place to another rather than living at one place all the time.
  • The term 'De-notified Tribes' stands for all those communities which were once notified under the Criminal Tribes Acts, enforced by the British Raj between 1871 and 1947. 
    • Read More

    PSU Disinvestment as a Pillar of Growth-Oriented Fiscal Consolidation

    Context

  • The Union Budget 2026–27 reiterates the government’s preference for growth-led fiscal consolidation, balancing deficit reduction with sustained capital expenditure, and disinvestment.

    • About

  • Economic growth has been prioritised over fiscal deficit reduction to sustain demand and investment.
  • Capital expenditure and infrastructure spending have been protected due to their high growth multiplier effects.
  • The fiscal deficit is projected at 4.4% of GDP in FY26 and 4.3% in FY27, reflecting gradual consolidation.
    • Read More

    Chemical Parks

    In News

  • The Union Budget 2026–27 has introduced a new scheme to assist States in setting up three dedicated Chemical Parks with a budgetary allocation of Rs 600 crore in BE FY 2026–27. 

    • What are Chemical Parks?

  • Chemical parks are planned industrial clusters explicitly designed for chemical and petrochemical manufacturing, where multiple units operate together, sharing world-class infrastructure and common services.
  • They are envisaged as cluster-based, plug-and-play manufacturing ecosystems, supported by common infrastructure and shared facilities.
  • text
    • Read More

    Strengthening India’s Textile Value Chain

    Context

  • In the Union Budget 2026-27, a comprehensive and integrated policy framework has been declared to bolster the entire textile value chain- from fibre to fashion, from village industries to global markets.

    • Integrated Programme for the Textile Sector

  • Objective: Boosting competitiveness, fostering self-reliance and creating jobs.
  • It is structured around five sub-components:
    • Read More

    Strengthening Capital Goods Sector

    Context

  • The Union Budget 2026-27 has estimated ₹12.2 lakh crore for public capital expenditure, from ₹2.63 lakh crore in FY18.

    • Key Announcements in Union Budget 2026-27For the Capital Goods Sector

  • Increased Public Capital Expenditure: Public capital expenditure proposed at ₹12.2 lakh crore in FY 2026–27 reinforcing infrastructure-led growth and supporting demand for capital goods across sectors such as transport, energy, urban infrastructure, and industry.
    • Read More

    News In Short 05-02-2026

    In News

  • Iranian authorities have resorted to cloud seeding to induce artificial rainfall over the Lake Urmia basin amid Iran’s worst drought in decades.

    • About Lake Urmia

  • It is situated in the Azerbaijan region of northwestern Iran and lies between East Azerbaijan and West Azerbaijan provinces.
  • High evaporation rates make it extremely saline.
  • It is the largest lake in the Middle East.
    • Read More
scroll to top