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Daily Current Affairs: 28 May 2026

Current affairs of 28 May 2026: SARTHAK-PDS: Umbrella Scheme With ₹25,530 Crore Outlay; Quad Critical Minerals Initiative: USD 20 Billion Supply-Chain Pact; PM-WANI Public Wi-Fi: DoT’s QR Login, Sachet Plans, Safer SSIDs, and 18 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)May 2026
21 TOPICSDaily CurrentAffairs28 May 2026In focus: SARTHAK-PDS: Umbrella Scheme With…safalsetu.com

In this issue: 21 topics

National Affairs

  1. Sports Governance Act: NSB and NST Rules 2026 Notified
  2. Archer Shyam Lal Meena Dies at 61; Arjuna Awardee
  3. Apnapan: Shivraj Singh Chouhan’s Book on His Years With PM Modi
  4. International Missing Children’s Day 2026: Origin and Symbol
  5. Gujarat and Meta MoU for WhatsApp-Based Governance

Government Schemes

  1. SARTHAK-PDS: Umbrella Scheme With ₹25,530 Crore Outlay
  2. PM-WANI Public Wi-Fi: DoT’s QR Login, Sachet Plans, Safer SSIDs

Banking & Finance

  1. LIC New Jeevan Sathi: Joint Plans for Couples From June 2026
  2. CDSL Executive Directors Appointed with SEBI Approval

Economy

  1. IBC at 10 Years: Recoveries, Features and Challenges

International Affairs

  1. Quad Critical Minerals Initiative: USD 20 Billion Supply-Chain Pact
  2. India-Singapore Defence Policy Dialogue: 16th Round in Singapore
  3. Senegal Names Ahmadou Al Aminou Lo Prime Minister
  4. World Thyroid Day 2026: Theme ‘Thyroid and Nutrition’

Agriculture & Rural

  1. P. Jawahar Takes Over as MPEDA Chairman

Science & Technology

  1. India’s First Hydrogen Train Cleared for Jind-Sonipat Section
  2. ISM ‘Investors Support’ Portal for Semiconductor Investors
  3. ICMR Patent Mitra Event: 41 Health Technologies Go to Industry
  4. NASA’s USD 20 Billion Three-Phase Permanent Moon Base Plan

Environment & Ecology

  1. Nagoya Protocol: India’s First National Report and ABS Findings

Defence & Security

  1. Nibe-Elbit JV for propellant manufacturing in India

National Affairs

Government Schemes

Banking & Finance

Economy

Economy

10. IBC at 10 Years: Recoveries, Features and Challenges

  • The Insolvency and Bankruptcy Code, 2016 completed ten years; 1,419 cases had resolution plans by March 2026.
  • Creditors recovered over ₹4 lakh crore, about 95% of fair value and 167% of liquidation value.
  • Banking gross NPAs fell from about 11.8% in 2017 to 2.1% in September 2025.
  • CIRP is meant to finish in 330 days, but average resolution still takes about two years.
Full notes and 3 MCQs ›

International Affairs

Economy

11. Quad Critical Minerals Initiative: USD 20 Billion Supply-Chain Pact

  • At the 11th Quad Foreign Ministers' Meeting in New Delhi, India, the US, Japan and Australia unveiled a Critical Minerals Initiative Framework.
  • The framework aims to mobilise about USD 20 billion through public funds, soft loans and private investment.
  • Projects must be located in Quad countries and run by Quad-based firms; export controls will be shared.
  • India's National Critical Mineral Mission (2024) has an outlay of ₹16,300 crore, with another ₹18,000 crore expected.
Full notes and 3 MCQs ›

Agriculture & Rural

Science & Technology

Environment & Ecology

Environment & Ecology

20. Nagoya Protocol: India’s First National Report and ABS Findings

  • India granted 12,830 Access and Benefit Sharing approvals between 2017 and 2025: 5,913 by NBA, 6,917 by state bodies.
  • India published 3,556 IRCCs, 60.24% of all certificates worldwide.
  • ABS generated ₹216.31 crore, of which ₹139.69 crore went to local communities, claimers and conservers.
  • Biodiversity governance has three tiers: NBA, State Biodiversity Boards and over 2.76 lakh BMCs.
Full notes and 3 MCQs ›

Defence & Security

Economy

21. Nibe-Elbit JV for propellant manufacturing in India

  • Israel's Elbit Systems and India's Nibe Group agreed a JV to set up advanced plants for propellants and energetic materials in India.
  • The project fits the Make in India and Atmanirbhar Bharat drives.
  • Output will cover Nitro Cellulose, Nitro Glycerine and assorted propellant bases.
  • Separately, Nibe Aeronautics signed a letter of intent with De Havilland Canada to procure Twin Otter amphibious aircraft.
Full notes and 3 MCQs ›

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15 questions from the news of 28 May 2026, with answers and explanations.

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