StrivefyCurrent Affairs

Afternoon edition

Daily current affairs for UPSC, BPSC, State PCS and PSC exams.

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Why in news?

Arunachal Pradesh State Cabinet approved the formation of a committee for the pre-feasibility survey of the Siang Upper Multipurpose Project (SUMP), a proposed 11,000 MW hydroelectricity project.

Key points

  1. The project aims to generate over 11,000 MW of hydroelectricity.
  2. It is considered a national project due to its strategic significance.
  3. Potential benefits include strengthening water and energy security, flood mitigation, employment generation, and socio-economic development.
  4. Local protests exist, with the government aiming for a transparent and people-centric survey process.

Background & context

The Union government declared SUMP a national project in 2008. The project involves three designated sites in Siang and Upper Siang districts.

★ Prelims fact capsule

The proposed Siang Upper Multipurpose Project (SUMP) in Arunachal Pradesh is estimated to generate over 11,000 MW of hydroelectricity.

✎ Mains relevance

GS-I (Geography: Resources, Distribution of Natural Resources), GS-III (Environment, Infrastructure, Energy)

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Why in news?

Traders and retailers in Madhya Pradesh observed 'No UPI Day' protesting against the introduction of MDR charges on person-to-merchant UPI payments above ₹2,000.

Key points

  1. NPCI introduced a 0.4% charge on P2M UPI payments exceeding ₹2,000 from October 15, 2026.
  2. Traders are demanding a rollback of these charges.
  3. Person-to-person transactions and payments to small vendors are exempted.
  4. The protest aims to push for a complete boycott of digital payments if demands are not met.

Background & context

Unified Payments Interface (UPI) has seen widespread adoption in India for digital transactions. MDR is a fee charged by banks for processing card or digital payments.

★ Prelims fact capsule

The National Payments Corporation of India (NPCI) introduced a charge of 0.4% on person-to-merchant (P2M) UPI payments above ₹2,000, effective from October 15, 2026.

✎ Mains relevance

GS-III (Economy: Digital Economy, Financial Inclusion, Impact of policies)

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Why in news?

Maharashtra Chief Minister and Deputy Chief Minister visited drought-prone regions in Latur, Dharashiv, and Akola districts to assess the situation and announced relief measures.

Key points

  1. Several districts in Maharashtra are facing drought-like conditions due to a long dry spell and deficient rainfall.
  2. A subcommittee has been formed to handle the drought issue.
  3. A drought Government Resolution (GR) is expected to be issued soon, announcing financial assistance for farmers.
  4. Focus is on providing aid for rabi crops, drinking water, and fodder for cattle.

Background & context

Marathwada region, particularly Latur, has historically been susceptible to droughts and water scarcity. Crop losses due to insufficient rainfall are a recurring issue.

★ Prelims fact capsule

Latur district in Maharashtra received around 50% of its expected rainfall, making it one of the worst-hit by the drought.

✎ Mains relevance

GS-I (Geography: Natural Resources, Droughts), GS-III (Disaster Management, Agriculture)