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14 May 20262 min read
NATIONAL AFFAIRSOne CurrentAffairs14 May 2026safalsetu.com

May 14, 2026

SectorEventKey Highlights
Rural DevelopmentVB-G RAM G Act, 2025 notifiedMinistry of Rural Development (MoRD) announced implementation of the Viksit Bharat–Guarantee for Rozgar and Ajeevika Mission (Gramin) Act from July 1, 2026, replacing MGNREGA. Employment guarantee increased from 100 to 125 days annually with focus on water security, rural infrastructure, livelihood creation, and climate resilience.
Banking & FinanceBharat Maritime Insurance Pool (BMIP) launchedDepartment of Financial Services (DFS), Ministry of Finance launched USD 1.5 billion BMIP with sovereign guarantee of USD 1.4 billion to provide maritime insurance coverage for Indian vessels operating in high-risk international waters.
International AffairsIndia hosts 10th Indian Ocean DialogueIndia hosted IOD-10 in New Delhi under the theme “Indian Ocean Region in a Transforming World” as current chair of the Indian Ocean Rim Association (IORA) for 2025–27.
Science & TechnologyIndia’s first Integrated CCUS facility inauguratedUnion Minister Dharmendra Pradhan inaugurated India’s first Integrated Carbon Capture, Utilisation and Storage (CCUS) field laboratory at Indian Institute of Technology Bombay during Bharat Innovates 2026.
Economy & Rural DevelopmentIndia and IFAD launch COSOP 2026–2033Government of India and International Fund for Agricultural Development launched an 8-year strategy to promote inclusive and climate-resilient rural development aligned with Viksit Bharat@2047.
Health & PharmaceuticalsIPC signs MoUs with pharmacy councilsIndian Pharmacopoeia Commission signed MoUs with Bihar, Maharashtra, and Mizoram State Pharmacy Councils to strengthen pharmacovigilance, ADR monitoring, and rational drug use.
Cybersecurity & AII4C and RBIH sign MoUIndian Cyber Crime Coordination Centre and Reserve Bank Innovation Hub partnered to strengthen AI-based detection of mule accounts and cyber financial frauds using systems like MuleHunter.ai.
Digital GovernanceNeGD felicitates states for DigiLocker integrationNational e-Governance Division (NeGD) honoured Gujarat, Karnataka, Keralam, Nagaland, and Rajasthan for outstanding DigiLocker integration initiatives and digital governance services.
Space & ScienceKuljeet Kaur Marhas elected Fellow of Meteoritical SocietyKuljeet Kaur Marhas became the first Indian woman elected Fellow of the Meteoritical Society for 2026, recognising contributions to planetary science and meteoritics.
AppointmentsHimanta Biswa Sarma sworn in again as Assam CMHimanta Biswa Sarma became the first non-Congress leader in Assam to serve two consecutive terms as Chief Minister.
Industry & BusinessCII elects new leadership for 2026–27Confederation of Indian Industry elected R Mukundan as President, Suchitra Ella as President-Designate, and Shashwat Goenka as Vice President.
Weather & AIAI-powered weather forecasting systems launchedUnion MoS Dr. Jitendra Singh launched AI-driven monsoon forecasting and high-resolution rainfall prediction systems developed by IMD, IITM Pune, and NCMRWF.
SportsFaustino Oro becomes second-youngest chess GrandmasterFaustino Oro achieved Grandmaster title at age 12 years, 6 months, and 26 days, becoming the second-youngest GM in chess history.
Important DaysInternational Nurses Day 2026 observedInternational Nurses Day was observed globally on May 12, 2026, with theme “Our Nurses. Our Future. Empowered Nurses Save Lives”. President Droupadi Murmu presented National Florence Nightingale Awards to 15 nursing personnel.

Test yourself

1. Under the VB-G RAM G Act, 2025, which replaces MGNREGA, the annual employment guarantee has been increased from 100 days to how many days?

The VB-G RAM G Act raises the employment guarantee from 100 to 125 days annually.

2. India's first Integrated Carbon Capture, Utilisation and Storage (CCUS) field laboratory was inaugurated at which institution?

Dharmendra Pradhan inaugurated India's first Integrated CCUS field laboratory at IIT Bombay during Bharat Innovates 2026.

3. Who was elected President of the Confederation of Indian Industry (CII) for 2026-27?

CII elected R Mukundan as President, Suchitra Ella as President-Designate and Shashwat Goenka as Vice President.