Current affairs for UPSC

Daily notes mapped to syllabus topics, with “Asked before” PYQs and original practice MCQs.

Latest current affairs

GS3 · Fiscal

Budget 2026-27: fiscal deficit 4.3%, capex ₹12.2 lakh crore

The Centre has moved its fiscal anchor from the yearly deficit to the debt ratio. Learn both numbers; questions will ask which one now leads.

UPSC angle: Prelims: deficit and debt targets. · Mains: fiscal consolidation and the debt anchor.

1 Feb 2026
GS2 · Federalism

16th Finance Commission: States’ share stays at 41%

States wanted more than 41%. Keeping it unchanged means the real fight now is over cesses and surcharges, which are not shared.

UPSC angle: Prelims: vertical devolution share. · Mains: fiscal federalism.

1 Feb 2026

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