News of The Day : 01st March 2026

News of The Day – 1st March 2026

The Hindu, Indian Express, Live Mint, Business Standard, Economic Times, PIB and AIR, etc

(with Syllabus Relevance)

(GS-2: Polity & Governance)

• 16th Finance Commission constituted under Article 280; award period 2026–31.
• Debate over vertical devolution formula & weight to population (2011 vs 1971).
• Concerns: limited tax buoyancy of States, GST compensation phase-out.
• Need to balance fiscal consolidation with cooperative federalism.
• Issues of climate finance & performance-based grants to States/ULBs.

(GS-2: International Relations)

• Rising confrontation between Iran and the United States.
• Linked to broader regional conflict dynamics involving Israel.
• Implications: Strait of Hormuz energy security, global oil prices.
• Impact on India’s diaspora, oil imports, and Chabahar connectivity.

(GS-3: Economy)

• Negotiations between India and the European Union under India-EU FTA talks.
• Proposed 5-year Most Favoured Nation (MFN) treatment clause.
• Focus areas: tariffs, services mobility, digital trade, sustainability norms.
• Significance for export diversification & supply chain resilience.

(GS-3: Economy )

• Facility by Micron Technology in Gujarat’s Sanand.
• Part of India Semiconductor Mission.
• Boost to electronics manufacturing & chip packaging ecosystem.
• Reduces import dependence; strategic tech autonomy.

(GS-3: Economy)

• Govt decision to review/modify fortified rice distribution.
• Fortification aimed at tackling anemia & micronutrient deficiency.
• Debate over efficacy, cost, and food safety oversight.
• Linked to National Food Security Act & PDS reforms.

• About Left Wing Extremism (LWE)
• Recent trend in Decline of LWE
  • Linked to coordinated Centre-State operations & development push.
• Reflects success of SAMADHAN doctrine.
• Internal security implications for the eastern India corridor.

(GS-3: Science & Tech)

• Spacecraft re-entry involves extreme heat due to atmospheric friction.
• Use of ablative heat shields & controlled descent trajectory.
• Concepts relevant to India’s Gaganyaan mission.
• Splashdown vs runway landing mechanisms.

(GS-3: Science & Tech)

• Celebrated on 28 February marking discovery of Raman Effect.
• Honors C. V. Raman.
• Promotes scientific temper (Article 51A(h)).
• Focus on innovation, indigenous R&D ecosystem.

• Translocation under Project Cheetah.
• From Botswana to Kuno National Park.
• Enhances genetic diversity & long-term species viability.
• Challenges: habitat adaptation, prey base, human-wildlife interface.

• Report on deaths in Bandhavgarh National Park.
• Cause: accidental electrocution via illegal fencing.
• Highlights man-animal conflict & enforcement gaps.
• India hosts ~75% of the global tiger population.