Static GK Notes — General Knowledge for Competitive Exams

Ministry of Commerce and Industry: Responsible for releasing Core Sector and IIP data.
Eight Core Industries: Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement, and Electricity.

Infrastructure Projects

Union Government Revamps Regional Connectivity Scheme: Modified UDAN 2026 Unveiled

20 Jun 2026

UDAN stands for Ude Desh ka Aam Nagrik
The regional connectivity scheme was originally launched in 2016 under the National Civil Aviation Policy (NCAP)
Viability Gap Funding (VGF) provides financial support to make commercial operations viable on regional routes

Ports & Airports

Cabinet Overhauls Regional Connectivity with the Modified UDAN Scheme Targeting 100 New Airports

20 Jun 2026

UDAN Original Launch Year: 2016
UDAN Parent Policy: National Civil Aviation Policy (NCAP), 2016

GDP / Inflation

India's Wholesale Inflation Hits 9.68% on New Base Year Series

16 Jun 2026

Office of the Economic Adviser (OEA) parent department: Department for Promotion of Industry and Internal Trade (DPIIT)
New WPI Base Year: 2022-23
Old WPI Base Year: 2011-12

GDP / Inflation

India's Consumer Price Index Based Retail Inflation Edges Up to 3.93% in May 2026

13 Jun 2026

NSO: National Statistical Office
Minister of State (Independent Charge) for Ministry of Statistics and Programme Implementation: Rao Inderjit Singh
New CPI Base Year: 2024

GDP / Inflation

India Revamps Inflation Metrics: WPI Base Year Shifted to 2022-23 and Producer Price Indices Introduced

12 Jun 2026

DPIIT stands for Department for Promotion of Industry and Internal Trade, operating under the Ministry of Commerce and Industry.
The International Monetary Fund (IMF) is headquartered in Washington, D.C., USA, and was established in 1944.

Ports & Airports

Varanasi Selected as India's First Spoke City Under the Easy Connect Hub-and-Spoke Aviation Initiative

11 Jun 2026

Union Minister of Civil Aviation: Ram Mohan Naidu
Air India MD and CEO: Campbell Wilson
Headquarters of Air India: New Delhi

GDP / Inflation

NSO Provisional Data: India's Real GDP Projects Healthy 7.7% Growth in FY26

10 Jun 2026

NSO is under the Ministry of Statistics and Programme Implementation (MoSPI)
The new GDP base year is 2022-23
Nominal GDP is calculated at current market prices, whereas Real GDP is adjusted for inflation

GDP / Inflation

India Registers Robust 7.7% GDP Growth in FY25-26 as Current Account Surpasses Targets in Q4

9 Jun 2026

MoSPI Minister of State (Independent Charge): Rao Inderjit Singh
National Statistical Office (NSO) was formed by merging: NSSO and CSO (merged in 2019)
Current Account Deficit (CAD) definition: Measurement of a country's trade where the value of the goods and services it imports exceeds the value of the products it exports.

Ports & Airports

PM Modi Unveils State-of-the-Art New Terminal Building at NAMO Airport in Daman

5 Jun 2026

Administrator of Dadra and Nagar Haveli and Daman and Diu: Praful Patel

GDP / Inflation

Government Announces Five-Year Transition Strategy from WPI to Producer Price Index

3 Jun 2026

DPIIT stands for Department for Promotion of Industry and Internal Trade.
The upcoming revised WPI series is scheduled for release on June 15, 2026.
The primary services covered under the new Service PPI include banking, insurance, pension fund management, securities transactions, railways, air passenger transport, and telecommunications.

Roads / Railways

South Coast Railway Zone Headquartered in Visakhapatnam Becomes Fully Operational

1 Jun 2026

Total Railway Zones in India: 18 (including SCoR)
Union Minister of Railways: Ashwini Vaishnaw

GDP / Inflation

Ministry of Statistics Revisions Index of Industrial Production (IIP) Base Year to 2022-23

1 Jun 2026

MoSPI: Ministry of Statistics and Programme Implementation
NSO: National Statistical Office
Number of core sectors in India: 8

Ports & Airports

Ministry of Ports Launches Logistics Port Performance Index (LPPI) 2024-25

30 May 2026

Union Minister for Ports, Shipping, and Waterways: Sarbananda Sonowal
JNPA Location: Navi Mumbai, Maharashtra
Sagar Aankalan Framework: National performance benchmarking standard for maritime ports in India

Roads / Railways

Ministry of Railways approves first Hydrogen Fuel Cell DEMU trainset for Jind-Sonipat route

28 May 2026

Union Minister of Railways: Ashwini Vaishnaw

Economic Affairs

Unincorporated Establishments in India Grow to 9.16 Crore, Employing Over 15 Crore Workers

27 May 2026

NSO Parent Ministry: Ministry of Statistics and Programme Implementation (MoSPI)
QBUSE coverage: Unincorporated non-agricultural sector

Infrastructure Projects

India Approves Critical Chenab River Hydropower and Tunnel Projects Worth ₹2,600 Crore

25 May 2026

The Indus Waters Treaty (IWT) was signed in Karachi in 1960 between India and Pakistan, mediated by the World Bank.
Under the IWT, Pakistan received primary rights over the western rivers (Indus, Jhelum, Chenab), while India retained limited rights for run-of-the-river power, irrigation, and non-consumptive uses.
National Hydroelectric Power Corporation (NHPC), a Premier PSU under the Ministry of Power, was established in 1975.

MSP

CCEA Greenlights Enhanced Minimum Support Prices for 14 Kharif Crops for 2026–27

22 May 2026

CCEA Chairman: Prime Minister of India
MSP is recommended by: Commission for Agricultural Costs and Prices (CACP)

GDP / Inflation

Morgan Stanley Upgrades India's GDP Growth Projection to 6.7% for FY27

20 May 2026

Morgan Stanley Headquarters: New York, USA

Infrastructure Projects

Union Cabinet Greenlights Major Rail and Airport Modernization Projects

20 May 2026

Union Minister for Railways: Ashwini Vaishnaw
Airports Authority of India (AAI) Headquarters: New Delhi
MIHAN: Multi-modal International Cargo Hub and Airport at Nagpur

Infrastructure Projects

India Proposes ₹40,000 Crore Subsea Gas Pipeline Connecting Oman and Gujarat

18 May 2026

GAIL: Gas Authority of India Limited
IOC: Indian Oil Corporation
MEIDP: Middle East-India Deep-water Pipeline
GAIL manages over 70% of India's gas transmission network.

GDP / Inflation

India's Retail Inflation Hits 14-Month High as NSO Updates CPI Base Year

18 May 2026

MoSPI Minister: Rao Inderjit Singh (Current)
CPI Base Year: 2024 (Updated from 2012)
NSO: National Statistical Office

Economic Affairs

India Imposes Ban on Sugar Exports until September 2026

16 May 2026

DGFT: Directorate General of Foreign Trade
World's Largest Sugar Producer: Brazil
India's Position: Second-largest producer

Economic Affairs

India Imposes Immediate Export Ban on Sugar to Curb Domestic Inflation

15 May 2026

DGFT: Directorate General of Foreign Trade
Minister of Commerce and Industry: Piyush Goyal
India's rank in Sugar Production: 2nd (after Brazil).

GDP / Inflation

Moody's Downgrades India's 2026 GDP Growth Projection to 6.0%

14 May 2026

Moody's Headquarters: New York, USA
Founded: 1909

GDP / Inflation

Government Fixes June 7th as New Annual Date for GDP Data Release

14 May 2026

MoSPI Full Form: Ministry of Statistics and Programme Implementation
PE Full Form: Provisional Estimates

Economic Affairs

Import Duty on Gold and Silver Hiked to 15% to Support Rupee

14 May 2026

Current Account Deficit: Difference between exports and imports of goods/services
CBIC Chairman: Sanjay Kumar Agarwal
Finance Minister: Nirmala Sitharaman

GDP / Inflation