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Daily Current Affairs – 6 October, 2026

    Fiscal Federalism in India

    Context

  • Recent debates over tax devolution and State fiscal autonomy have renewed concerns about the balance between Union resources and state responsibilities.

    • About Fiscal Federalism

  • Fiscal federalism is an economic framework for understanding the relationship among Union, state, and local governments, focusing on the division of spending and taxing powers among these governments. 
  • It deals with the division of responsibilities among different types of governments.
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    India-Switzerland Ties

    Context

  • The President of Switzerland is on a 3 day state visit to India.

    • Major Highlights

  •  India and Switzerland have signed five agreements and agreed to deepen cooperation.
  • MoU on Migration and Mobility Partnership (MMP): The MoU aims to develop migration and mobility cooperation under equal treatment principles.
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    Nobel Prize in Physiology or Medicine 2026

    Context

  • The Nobel Prize in Physiology or Medicine (2026) was awarded for discoveries that enabled optogenetics, a technique that uses light to precisely control selected nerve cells.

    • About Nobel Prize in Physiology or Medicine

  •  It is one of the five original Nobel Prizes established by Alfred Nobel, awarded by the Nobel Assembly at Karolinska Institutet for discoveries of major importance to medicine or human physiology. 
  • In 2026, the prize carries 12 million Swedish kronor (about ₹11.5 crore), shared equally among three laureates.
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    Three-Dimensional (3D) Printing Technology

    Context

  • Andhra Pradesh has initiated a pilot project at the national level for constructing rural houses using 3D Concrete Printing (3DCP) under the Pradhan Mantri Awas Yojana-Gramin (PMAY-G) initiative.

    • About 3D Printing

  •   3D printing is a manufacturing process that uses computer-created design to make three-dimensional objects layer by layer. It was invented in the 1980s by Charles W. Hull. 
  • It is an additive process, in which layers of a material like plastic, composites or bio-materials are built up to construct objects that range in shape, size, rigidity and color.
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    Coal Stocks Critically Low as Power Demand Rises in India

    Context

  • The depletion of coal inventories at domestic coal-based power plants this year is the highest in the past three years.

    • About

  • Fuel stocks at domestic coal-based power plants have declined by around 66% this year.  
  • The same was 31.8% in 2024 and 36.8% in 2023 for the same period.
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    News In Short 06-10-2026

    Context

  • The Ministry of Education has approved five Centres of Excellence (CoE) for the study of classical languages.

    • More About the News

  •  The approved CoE are for the studies in Classical Assamese, Classical Bengali, Classical Marathi, Classical Pali and Classical Prakrit.
  • These will be established at Tezpur University in Assam, Visva-Bharati University in West Bengal, Deccan College Post-Graduate and Research Institute in Pune, Central University of Odisha, and Central University of Gujarat. 
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