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Daily Current Affairs: 13 May 2026

Current affairs of 13 May 2026: PLFS Q4 FY26: Urban Unemployment Eases to 6.6%; PMGSY-IV Launched at Sehore on Scheme’s 25th Anniversary; Jute Crop Information System: NJB Expands Satellite Monitoring, and 8 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)May 2026
11 TOPICSDaily CurrentAffairs13 May 2026In focus: PLFS Q4 FY26: Urban Unemployment…safalsetu.com

In this issue: 11 topics

Government Schemes

  1. PMGSY-IV Launched at Sehore on Scheme’s 25th Anniversary

Banking & Finance

  1. Bharat Maritime Insurance Pool: Rs 12,980 Crore Sovereign Backing
  2. SEBI GARUDA Mechanism: Faster AIF Scheme Launch Proposal

Economy

  1. West Asia Crisis: Fuel-Saving Appeal and India’s Fiscal Strain
  2. India CPI Inflation April 2026: 13-Month High of 3.5%
  3. Moody’s India GDP Forecast Cut to 6% for 2026 and 2027

Agriculture & Rural

  1. Jute Crop Information System: NJB Expands Satellite Monitoring
  2. West Bengal Set to Join Digital Agriculture Mission
  3. SEHAT Mission: ICAR-ICMR Farm-to-Plate Health Initiative

Reports & Indexes

  1. PLFS Q4 FY26: Urban Unemployment Eases to 6.6%
  2. NITI Aayog School Education Report: Learning Gaps and Reforms

Government Schemes

Banking & Finance

Economy

3. SEBI GARUDA Mechanism: Faster AIF Scheme Launch Proposal

  • SEBI proposed the GARUDA Mechanism in May 2026 to speed up Alternative Investment Fund scheme launches.
  • Non-accredited investor schemes would wait 10 working days instead of 30 days.
  • Angel funds and accredited-investor-only schemes could start almost immediately after filing.
  • AIF count rose from 732 (March 2021) to 1,849 (March 2026); commitments stand at Rs 15.74 lakh crore.
Full notes and 3 MCQs ›

Economy

Economy

5. India CPI Inflation April 2026: 13-Month High of 3.5%

  • April 2026 retail inflation touched 3.5%, the highest in 13 months, against 3.4% in March.
  • Food and beverages inflation was 4.0%; restaurant and accommodation services jumped to 4.2% from 2.9%.
  • Transport inflation was -0.01% overall, though goods transport prices climbed 7.6%.
  • RBI's target is 4% CPI inflation with a tolerance band of plus or minus 2%.
Full notes and 3 MCQs ›
Economy

6. Moody’s India GDP Forecast Cut to 6% for 2026 and 2027

  • Moody's cut India's 2026 GDP growth forecast by 0.8 percentage points to 6% in its May 2026 Global Macro Outlook.
  • The 2027 forecast was trimmed by 0.5 ppt to 6%; India's growth in 2025 was 7.5%.
  • India imports about 90% of its energy; 60% of LPG is imported and 90% of that passes the Strait of Hormuz.
  • RBI's own estimate for FY27 is 6.9%, above Moody's and HSBC at 6%.
Full notes and 3 MCQs ›

Agriculture & Rural

Agriculture & Rural Development

7. Jute Crop Information System: NJB Expands Satellite Monitoring

  • The National Jute Board expanded the Jute Crop Information System (JCIS), developed with ISRO and the Jute Corporation of India.
  • JCIS replaces scattered manual reporting with satellite-based, geo-referenced estimates of jute area, yield and production.
  • BHUVAN JUMP is a mobile app for geo-tagged data; PATSAN is a web analytics platform.
  • NJB works under the Ministry of Textiles and was set up under the National Jute Board Act, 2008.
Full notes and 3 MCQs ›
Government Schemes

8. West Bengal Set to Join Digital Agriculture Mission

  • West Bengal, the only state outside the Digital Agriculture Mission (DAM), was expected to join soon after a change of government.
  • DAM is the Centre's flagship effort for technology-led farm reforms and rests on the AgriStack platform.
  • AgriStack is a digital public infrastructure with a Farmers' Registry, Crop Sown Registry and geo-referenced village maps.
  • The Ministry of Agriculture and Farmers' Welfare is the nodal ministry, while agriculture is a State subject.
Full notes and 3 MCQs ›
Agriculture & Rural Development

9. SEHAT Mission: ICAR-ICMR Farm-to-Plate Health Initiative

  • The SEHAT Mission (Science Excellence for Health through Agricultural Transformation) was launched in New Delhi.
  • It is the first formal national convergence of India's agriculture and health sectors, run jointly by ICAR and ICMR.
  • The mission shifts focus from reactive treatment to proactive prevention through nutrition; tagline: Healthy Food, Healthy Farms, Healthy India.
  • Key tools include crop biofortification, millet promotion, integrated farming, farmer safety, dietary solutions for NCDs and One Health.
Full notes and 3 MCQs ›

Reports & Indexes

Economy

10. PLFS Q4 FY26: Urban Unemployment Eases to 6.6%

  • NSO's PLFS quarterly bulletin for January-March 2026 put urban unemployment (15+) at 6.6%, down from 6.7% in October-December 2025.
  • Overall LFPR (15+) was 55.5%, against 55.8% in the previous quarter.
  • Rural LFPR stood at 58.2% and urban LFPR at 50.2%.
  • It is the fourth bulletin in the new quarterly series that covers both rural and urban areas.
Full notes and 3 MCQs ›

Test yourself

15 questions from the news of 13 May 2026, with answers and explanations.

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