Current affairs relevant to GS3.
On 10 May 2026 the Centre launched PMGSY-IV at Bhairunda in Sehore, Madhya Pradesh, marking 25 years of the Pradhan Mantri Gram Sadak Yojana; the 2026-27 indicative allocation is ₹18,907 crore. The same day the PM opened India's first functional PM MITRA textile park at Warangal, Telangana, built at ₹1,695.54 crore on 1,327 acres.
10 May 2026
DRDO's Defence Research & Development Laboratory ran its actively cooled full-scale scramjet combustor for over 1,200 seconds at the Scramjet Connect Pipe Test facility in Hyderabad on 9 May 2026. This builds on a test of over 700 seconds in January. It uses an indigenous liquid hydrocarbon endothermic fuel and is a base for hypersonic cruise missiles.
9 May 2026
The Government appointed Lieutenant General NS Raja Subramani (Retd) as Chief of Defence Staff on 9 May 2026. He will also be Secretary, Department of Military Affairs. General Anil Chauhan completes his tenure on 30 May 2026. Vice Admiral Krishna Swaminathan was named the next Chief of the Naval Staff, as Admiral Dinesh Kumar Tripathi retires on 31 May 2026.
9 May 2026
India flight-tested an Advanced Agni missile with a Multiple Independently Targeted Re-Entry Vehicle (MIRV) system from Dr APJ Abdul Kalam Island, Odisha, on 8 May 2026. Multiple payloads were aimed at different targets spread over a large area of the Indian Ocean Region. Flight data confirmed all mission objectives were met.
9 May 2026
A PIB backgrounder of 9 May 2026 reviews the National Mission for Sustainable Agriculture, launched in 2014-15 under the National Action Plan on Climate Change. Rainfed Area Development has released ₹2,119.84 crore for 8.50 lakh hectares. Per Drop More Crop has covered about 109 lakh hectares. Over 25.79 crore Soil Health Cards have been generated.
9 May 2026
DRDO and the Indian Air Force conducted the maiden flight-trial of TARA, the Tactical Advanced Range Augmentation weapon, off the Odisha coast on 7 May 2026. TARA is a modular range-extension kit and India's first indigenous glide weapon system that converts unguided warheads into precision-guided weapons. It was developed by RCI Hyderabad with other DRDO labs.
8 May 2026
The Ministry of Mines said on 7 May 2026 that 101 mineral blocks auctioned since the auction regime began in 2015 are now operational. Odisha leads with 34, followed by Karnataka (18) and Gujarat (11). Iron ore accounts for 47 blocks and limestone 29. FY 2025-26 set a record with 212 blocks auctioned in one year.
7 May 2026
The Union Cabinet approved the Emergency Credit Line Guarantee Scheme 5.0 for an additional credit flow of ₹2,55,000 crore amid the West Asia crisis. NCGTC will guarantee 100% of defaults for MSMEs and 90% for non-MSMEs and airlines. ₹5,000 crore is earmarked for airlines hit by high ATF prices. Loans run up to 7 years with a 2-year moratorium.
6 May 2026
India and the EU launched a third coordinated call for proposals on recycling of EV batteries on 5 May 2026, under the India–EU Trade and Technology Council's Working Group 2. The pool is €15.2 million (about ₹169 crore), funded by Horizon Europe and India's Ministry of Heavy Industries. Proposals are due by 15 September 2026.
6 May 2026
Non-food credit of scheduled commercial banks grew 15.9% in FY 2025-26, up from 10.9% a year earlier, the Finance Ministry said on 5 May 2026. Outstanding credit reached ₹212.9 lakh crore. Services credit grew 19%, personal loans 16.2%, agriculture 15.7% and industry 15%. Micro and small industry credit jumped 33.1%.
5 May 2026