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Infrastructure
Kumar Bhaskar Varma Setu
PM Modi inaugurated this six-lane bridge across the Brahmaputra in Assam, connecting Guwahati to North Guwahati. It reduces travel time from 30 minutes to 7 minutes. Part of Rs 5,450 crore development projects.
Digital Finance
CBDC-based PDS in Gujarat
India’s first CBDC-based Public Distribution System launched in Gandhinagar, Gujarat by Amit Shah on 15 Feb 2026. Digital coupons (e₹) credited via RBI in Ahmedabad, Anand, Valsad, and Surat districts.
Energy
Record Power Capacity Addition
India added a record 52,537 MW in first 10 months of FY26. Renewables contributed 39,657 MW (75.5%). Total capacity reached ~521 GW. Non-fossil surpassed fossil for first time; 50% target met 5 years early.
Telecom
SING Submarine Cable
SING (Singapore-India-Gulf) connects Kalba (UAE)–Muscat–Mumbai–Chennai–Kedah (Malaysia)–Singapore. Features 16 fibre pairs at 18 Tbps each. Built by SubCom; RFS by 2030.
Science & Technology
BIRAC–RDI Fund
Dr. Jitendra Singh launched Rs 2,000 crore first call for BIRAC–RDI Fund. Part of Rs 1 lakh crore RDI initiative. Targets deep-tech, AI, biotech. Deadline: March 31, 2026.
Cyber Security
C-DOT and RRU Partnership
C-DOT signed MoU with Rashtriya Raksha University, Gandhinagar for telecom and cyber security. Innovation-cum-Experience Centre to be set up focusing on Cybersecurity, Quantum Tech, AI/ML, IoT, 5G.
Appointments
GIFT City Chairman
Uday Kotak (founder, Kotak Mahindra Bank; Padma Bhushan 2026) appointed Chairman of GIFT City by Gujarat Government, replacing Hasmukh Adhia.
Banking
RBI Penalties on Banks
CSB Bank penalised Rs 63.60 lakh (highest) for non-compliance with BC scope and customer service directions. RBI imposed total Rs 1.35 crore on 5 FIs (3 banks + 2 NBFCs).
International
Barbados Election 2026
Mia Mottley re-elected PM of Barbados for 3rd consecutive term. BLP won all 30 seats with 69.83% votes. Capital: Bridgetown. Currency: Barbadian Dollar.
Fintech
Visa Intelligent Commerce
DBS Bank became first in Asia-Pacific to pilot Visa Intelligent Commerce (VIC) for AI agent-initiated payments. AI agents process F&B transactions using DBS/POSB cards with secure consent flows.
🎴 Revision Flashcards
Click each card to flip and test your recall
Tap to Reveal
Kumar Bhaskar Varma Setu is in which state?
Assam
Six-lane bridge; Guwahati to North Guwahati
Tap to Reveal
Which state launched India’s first CBDC-based PDS?
Gujarat
Launched in Gandhinagar by Amit Shah
Tap to Reveal
How much power capacity did India add in FY26 (10 months)?
52,537 MW
75.5% renewables; total ~521 GW capacity
Tap to Reveal
What does SING submarine cable connect?
Singapore, India, Gulf
16 fibre pairs; 18 Tbps each; RFS 2030
Tap to Reveal
What is the value of BIRAC–RDI Fund’s first call?
Rs 2,000 crore
Part of Rs 1 lakh crore RDI initiative
Tap to Reveal
Who is the new Chairman of GIFT City?
Uday Kotak
Replaces Hasmukh Adhia; Padma Bhushan 2026
Tap to Reveal
Which bank was fined Rs 63.60 lakh by RBI?
CSB Bank
BC scope and customer service non-compliance
Tap to Reveal
Which bank first piloted Visa Intelligent Commerce in APAC?
DBS Bank
AI agent-initiated payments for F&B
Think & Discuss
CBDC in Public Welfare: Revolution or Risk?
Context from today’s quiz: India launched its first CBDC-based Public Distribution System in Gujarat, using digital rupee (e₹) coupons credited via RBI for food grain distribution. This represents a significant step in integrating Central Bank Digital Currency with welfare delivery. Meanwhile, DBS Bank is pioneering AI-driven payments using Visa Intelligent Commerce.
🤔 Your Perspective Matters
The integration of CBDC with PDS promises transparency, reduced leakages, and efficient tracking of welfare distribution. However, it also raises concerns about digital exclusion, privacy, and the technological readiness of beneficiaries in rural areas.
Can CBDC-based welfare delivery truly eliminate corruption and leakages, or will digital infrastructure gaps create new barriers for the vulnerable?
Can CBDC-based welfare delivery truly eliminate corruption and leakages, or will digital infrastructure gaps create new barriers for the vulnerable?
- How can the government ensure that elderly and digitally illiterate beneficiaries are not excluded from CBDC-based PDS?
- Should CBDC transactions in welfare schemes have complete government visibility, or does this raise privacy concerns?
- What lessons from Gujarat’s pilot can inform national-scale rollout of CBDC in other welfare schemes like MGNREGA or DBT?
We’d love to hear your thoughts! Share your perspective in the comments.
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