1. Maharashtra approves a major farmer loan-waiver scheme
Scheme: Punyashlok Ahilyadevi Holkar Farmer Debt Relief Scheme.
Approved by: Maharashtra Cabinet.
Announced: June 2, 2026.
Total financial allocation: ₹36,585 crore.
Estimated beneficiaries: 55.72 lakh farmers.
Eligible farmers with outstanding crop loans up to ₹2 lakh can receive debt relief, subject to eligibility conditions.
Regular and timely loan repayers are eligible for an incentive grant of up to ₹50,000.
The scheme covers eligible short-term crop loans taken between April 1, 2019 and March 31, 2025.
Exam importance: Maharashtra agriculture, rural credit, cooperative banking and state welfare schemes.
2. PM-KISAN developments
PM-KISAN is a Central Sector Scheme.
Implemented by the Ministry of Agriculture and Farmers Welfare.
Provides ₹6,000 annually to eligible farmer families.
Amount is transferred through Direct Benefit Transfer (DBT).
Divided into three instalments of ₹2,000 each.
3. National Panchayat Awards 2025
Awards were conferred in June 2026.
42 Panchayats were recognised.
22 award-winning Panchayats were women-led.
Sepahijala district of Tripura received recognition as the best district Panchayat.
4. National Awards for e-Governance 2026
29th National Awards for e-Governance.
17 projects were selected.
Awards included 10 Gold, 6 Silver and 1 Jury award.
e-Jagriti received a Silver Award.
Panchayat Advancement Index received a Gold Award.
5. India’s IndiaAI Mission leadership
Saurabh Vijay took charge as CEO of the IndiaAI Mission.
Sudeep Shrivastava was named its COO.
The development was announced in June 2026.
6. Ayushman Bharat Digital Mission
The ABHA account system crossed the 90-crore milestone according to a June 2026 monthly compilation.
ABHA stands for Ayushman Bharat Health Account.
ABDM aims to create an integrated digital health ecosystem in India.
According to the June 2026 PRS Monthly Policy Review:
| Indicator | Important figure |
|---|---|
| India’s GDP growth estimate, FY 2025–26 | 7.7% |
| GDP growth in Q4 FY 2025–26 | 7.8% |
| GDP growth in FY 2024–25 | 7.1% |
| GVA growth in FY 2025–26 | 7.9% |
| Manufacturing GVA growth | 10.7% |
| Trade, hotels and transport GVA growth | 11.0% |
| Financial services GVA growth | 10.4% |
The RBI Monetary Policy Committee held its 61st meeting from June 3–5, 2026.
Policy Repo Rate
| Monetary policy instrument | Rate |
|---|---|
| Repo Rate | 5.25% |
| Standing Deposit Facility (SDF) | 5.00% |
| Marginal Standing Facility (MSF) | 5.50% |
| Bank Rate | 5.50% |
Policy stance: Neutral
RBI Governor: Sanjay Malhotra.
The MPC unanimously decided to keep the repo rate unchanged.
Remember for examinations:
Repo rate: Rate at which RBI lends to banks against eligible collateral.
SDF: Facility through which RBI absorbs liquidity without collateral.
MSF: Emergency overnight borrowing facility for banks.
1. Revised Kisan Credit Card directions
On June 19, 2026, RBI issued final revised directions for the Kisan Credit Card scheme.
Four separate sets of directions were issued for:
Commercial banks.
Small Finance Banks.
Regional Rural Banks.
Rural Cooperative Banks.
2. Revised Lead Bank Scheme
RBI issued revised instructions on June 19, 2026.
The scheme strengthens district-level banking coordination.
It provides for an exclusive Lead District Manager for each district.
It also focuses on block-level credit planning.
3. NBFC regulation
A June 2026 RBI regulatory update reportedly made an asset size of ₹1 lakh crore the sole threshold for classification in the Upper Layer of the Scale-Based Regulation framework.
4. Digital banking fraud
RBI’s review of customer liability in unauthorised electronic banking transactions is an important banking-awareness topic.
Focus on:
Customer liability.
Reporting of unauthorised transactions.
Bank responsibilities.
Digital fraud prevention.
Mule accounts and cybercrime.
| Institution | Headquarters |
|---|---|
| RBI | Mumbai |
| SEBI | Mumbai |
| NABARD | Mumbai |
| SIDBI | Lucknow |
| IRDAI | Hyderabad |
| PFRDA | New Delhi |
| NPCI | Mumbai |
| EXIM Bank | Mumbai |
GARUDA initiative
Approved by SEBI’s Board in June 2026.
GARUDA stands for Green-Channel: AIF Rollout Upon Document Acknowledgement.
It relates to faster launch of Alternative Investment Fund schemes.
Relevant to capital markets, investment regulation and financial awareness.
| Topic | Important fact |
|---|---|
| RBI Governor | Sanjay Malhotra |
| RBI Deputy Governor reappointed | Swaminathan Janakiraman |
| Repo rate | 5.25% |
| SDF rate | 5.00% |
| MSF rate | 5.50% |
| Bank Rate | 5.50% |
| MPC stance | Neutral |
| KCC revised directions | June 19, 2026 |
| Lead Bank Scheme revision | June 19, 2026 |
| GARUDA | SEBI initiative |
| Upper Layer NBFC threshold | ₹1 lakh crore |
One of the most important constitutional developments of June 2026.
Judgment date: June 19, 2026.
Case: Maniyar Iliayaz @ Shaik Riyaz & Anr. v. P. Ayyappan & Ors.
Judgment citation: 2026 INSC 647.
Constitutional provision: Article 19(1)(d).
The Supreme Court recognised the fundamental right to walk on properly demarcated footpaths.
It held that pedestrian movement must receive priority over motorised traffic.
Urban Development Authorities, Municipal Corporations, Municipalities and Panchayats have corresponding responsibilities to provide and maintain footpaths.
Important constitutional connections:
| Article | Subject |
|---|---|
| Article 19(1)(d) | Freedom to move freely throughout India |
| Article 19(1)(a) | Freedom of speech and expression |
| Article 19(1)(b) | Right to assemble peacefully |
| Article 19(1)(c) | Right to form associations |
| Article 21 | Right to life and personal liberty |
This is especially important for constitutional law, fundamental rights and judicial interpretation.
Important for polity and governance.
Key examination areas:
Foreign Contribution Regulation Act, 2010.
Regulation of foreign contributions.
NGOs and voluntary organisations.
Utilisation of foreign funds.
Government oversight and accountability.
The June 2026 amendment rules prescribed approved purposes and utilisation-related requirements.
Other June 2026 legal and constitutional topics include:
Supreme Court’s observations on homemakers’ economic contribution.
Supreme Court proceedings concerning the FCRA amendment.
Supreme Court proceedings concerning the NewsClick case.
Judicial scrutiny of the use of ordinances.
Ultrasound regulation and the Pre-Conception and Pre-Natal Diagnostic Techniques Act.
Constitutional relationship between freedom of movement and public infrastructure.
General Dhiraj Seth
Took charge: June 30, 2026.
Succeeded: General Upendra Dwivedi.
Earlier position: Vice Chief of the Army Staff.
Commissioned into the Armoured Corps in December 1986.
Ministry of Defence signed a contract on June 10, 2026.
Contract value: ₹449 crore.
Number of systems: 20 Enhanced Capability Global Navigation Satellite System Jammers.
Supplier: Accord Software and Systems Private Limited, Bengaluru.
Minimum indigenous content: 75%.
Procurement category: Buy (Indian–Indigenously Designed, Developed and Manufactured).
Importance: Atmanirbhar Bharat, defence indigenisation, maritime security and electronic warfare.
Prepare these areas for the examination:
Indigenous defence manufacturing.
Indian Navy modernisation.
Electronic warfare.
Maritime security.
Defence exports.
Make in India in defence production.
Chief of Defence Staff and the Department of Military Affairs.
| Topic | Examination relevance |
|---|---|
| West Asia crisis | Energy security, international relations |
| Iran and United States | Nuclear diplomacy, geopolitics |
| India–Oman CEPA | International trade |
| India–UK CETA | Bilateral trade |
| India and FATF | Financial security |
| United Nations refugee reports | International organisations |
| Global food security | FAO and WFP |
CEPA stands for Comprehensive Economic Partnership Agreement.
India–Oman agreement entered into force on June 1, 2026, according to the June monthly digest.
It is important for India’s trade and economic relations with Gulf countries.
Focus areas: trade in goods, services and investment.
FATF stands for Financial Action Task Force.
India was reported to have secured the Vice-Presidency for the 2026–27 period.
Vivek Aggarwal was named to the position.
FATF works against money laundering, terrorist financing and proliferation financing.
Headquarters: Paris, France.
23rd edition of the FIFA World Cup.
Began on June 11, 2026.
Hosted by three countries:
United States.
Canada.
Mexico.
48 participating teams.
12 groups.
Exam point: FIFA is headquartered in Zurich, Switzerland.
The following rankings and reports were reported during June 2026.
| Report / Index | Important June 2026 finding |
|---|---|
| Global Peace Index 2026 | India ranked 127th out of 163 countries |
| Sustainable Development Report 2026 | India ranked 94th out of 167 countries |
| UNHCR Global Trends | 117.8 million forcibly displaced people at end of 2025 |
| Global Startup Ecosystem Report 2026 | Bengaluru ranked 15th globally |
| Container Port Performance Index 2025 | JNPA ranked 22nd globally |
| Global digital wallet downloads | India was the largest market in 2025 |
Important facts to remember:
Global Peace Index: Published by the Institute for Economics & Peace (IEP). Iceland was ranked first.
Sustainable Development Report: Published by the UN Sustainable Development Solutions Network (SDSN).
UNHCR Global Trends: Published by the United Nations High Commissioner for Refugees.
Container Port Performance Index: Published by the World Bank and S&P Global Market Intelligence.
Global Startup Ecosystem Report: Published by Startup Genome.
| Organisation | Headquarters |
|---|---|
| United Nations | New York |
| WHO | Geneva |
| UNESCO | Paris |
| IMF | Washington, D.C. |
| World Bank | Washington, D.C. |
| WTO | Geneva |
| FAO | Rome |
| ILO | Geneva |
| UNHCR | Geneva |
| FATF | Paris |
| International Olympic Committee | Lausanne |
| FIFA | Zurich |
ISRO conducted a hot test of its semi-cryogenic engine power head in June 2026.
Test location: ISRO Propulsion Complex, Mahendragiri, Tamil Nadu.
The development is associated with India’s next-generation launch vehicle propulsion capabilities.
Understand the difference:
| Engine type | Fuel / oxidiser |
|---|---|
| Cryogenic | Liquid hydrogen and liquid oxygen |
| Semi-cryogenic | Refined kerosene-based fuel and liquid oxygen |
| Solid propulsion | Solid propellant |
A June 2026 current-affairs compilation reported the inauguration of a hydrogen production facility using nuclear process heat at Kalpakkam, Tamil Nadu.
Exam relevance:
Green hydrogen.
Nuclear energy.
Clean energy transition.
Hydrogen economy.
Energy security.
Treat the claim of being the world’s first as requiring confirmation from the original project announcement.
Important developments and concepts:
Artificial Intelligence (AI).
IndiaAI Mission.
Digital Public Infrastructure (DPI).
UPI and digital payments.
Digital health records.
Cybersecurity.
Semiconductor manufacturing.
Quantum computing.
India continued to be an important global market for digital payments.
Remember:
UPI: Unified Payments Interface.
NPCI: National Payments Corporation of India.
BHIM: Bharat Interface for Money.
IMPS: Immediate Payment Service.
NEFT: National Electronic Funds Transfer.
RTGS: Real Time Gross Settlement.
June 5 – World Environment Day
Observed annually on June 5.
Led by the United Nations Environment Programme (UNEP).
Key topics for examination:
Biodiversity conservation.
Climate change.
Plastic pollution.
Sustainable development.
Renewable energy.
Environmental governance.
Date: June 8.
Focus: Ocean conservation and sustainable use of marine resources.
Important organisation: United Nations.
Date: June 17.
Focus: Land degradation, drought resilience and sustainable land management.
UNCCD: United Nations Convention to Combat Desertification.
| Topic | What to prepare |
|---|---|
| El Niño | Impact on monsoon and agriculture |
| La Niña | Cooling of tropical Pacific Ocean |
| Monsoon | Rainfall distribution in India |
| Carbon emissions | Climate change |
| Green hydrogen | Clean energy |
| Mangroves | Coastal ecosystem protection |
| Wetlands | Ramsar Convention |
| Biodiversity | Convention on Biological Diversity |
R. Praggnanandhaa
Won Norway Chess 2026.
Became the first Indian to win the Norway Chess title.
Tournament held in Oslo, Norway.
Finished with 18 points.
India won the FIH Women’s Nations Cup 2025–26.
Final date: June 21, 2026.
Opponent: New Zealand.
Final score: India won 2–0.
Venue: Auckland, New Zealand.
Achievement: Qualification for the FIH Pro League.
India won the SAFF Women’s Championship 2026.
Defeated Bangladesh 3–1 in the final.
Venue: Margao, Goa.
India secured its sixth title.
India defeated Japan 4–1.
Venue: Kakamigahara, Japan.
India secured its third title in the competition.
Important developments:
India’s women’s 4×100m relay team won gold at the Asian Relays Championships 2026.
The team recorded 43.85 seconds.
Dev Meena established a national pole vault record of 5.46 metres.
Anushka Yadav established a women’s hammer throw national record of 67.02 metres.
Indian Army rowers Havildar Lakshay and Havildar Ujjwal Kumar Singh won India’s first-ever World Rowing Cup gold.
Event: Lightweight Men’s Double Sculls.
Venue: Lucerne, Switzerland.
| Sport | Important development |
|---|---|
| Chess | Savitha Shri Baskar won the Women’s Asian Individual Chess Championship |
| Archery | Dhiraj Bommadevara won gold at Archery World Cup Stage 3 |
| Shooting | Indian shooters won medals at ISSF Junior World Championship |
| Boxing | India won 12 medals at Grand Prix Usti nad Labem |
| Volleyball | India won its maiden AVC Men’s Volleyball Cup bronze |
| Hockey | Manpreet Singh became India’s most-capped hockey player |
President Droupadi Murmu conferred gallantry awards during the Defence Investiture Ceremony in June 2026.
| Gallantry award | Number |
|---|---|
| Kirti Chakra | 7 |
| Vir Chakra | 15 |
| Shaurya Chakra | 29 |
| Total | 51 |
Remember: The Kirti Chakra is India’s second-highest peacetime gallantry award.
42 Panchayats honoured.
22 women-led Panchayats among the awardees.
Sepahijala, Tripura, received the best district Panchayat recognition.
Important developments in June 2026 included the announcement of awards and fellowships for 2024–25.
7 Akademi Fellows.
108 Akademi Awardees.
106 Yuva Puraskar winners.
Important award-related topics to revise include:
UN Military Gender Advocate of the Year Award.
Major Abhilasha Barak of the Indian Army was recognised for her work with UNIFIL.
National and international sports honours.
Cultural awards and fellowships.
| Person | Appointment / position |
|---|---|
| General Dhiraj Seth | Chief of the Army Staff |
| Swaminathan Janakiraman | Reappointed RBI Deputy Governor |
| Saurabh Vijay | CEO, IndiaAI Mission |
| Sudeep Shrivastava | COO, IndiaAI Mission |
| Sanjay Lohiya | Nominated to RBI Central Board |
| Vivek Aggarwal | FATF Vice-President for 2026–27 |
Most important for examinations:
General Dhiraj Seth took charge on June 30.
Swaminathan Janakiraman received a two-year extension as RBI Deputy Governor.
Sanjay Lohiya was nominated to the RBI Central Board.
Vivek Aggarwal’s FATF appointment is relevant to international financial institutions.
1. Punyashlok Ahilyadevi Holkar Farmer Debt Relief Scheme
Approved: June 2, 2026.
Allocation: ₹36,585 crore.
Estimated beneficiaries: 55.72 lakh farmers.
Maximum regular debt waiver: ₹2 lakh.
Incentive for eligible regular loan repayers: ₹50,000.
2. Air India building at Nariman Point
Maharashtra acquired the Air India building at Nariman Point.
Reported acquisition amount: ₹1,601 crore.
Intended for government offices.
3. MMRDA Metro Line 9
MMRDA awarded a contract worth ₹82.09 crore for seven foot overbridges.
Corridor: Dahisar East to Mira-Bhayandar.
Objective: Better pedestrian access and last-mile connectivity.
4. Chief Minister’s Gram Sadak Yojana – Phase III
Maharashtra approved an allocation of ₹6,429 crore.
The plan covers approximately 3,500 km of rural roads.
Important for rural infrastructure and connectivity.
5. Financial assistance for Maharashtra roads
Cabinet approved proposals involving AIIB and NDB financing.
First phase covers approximately 1,500 km of road improvements.
6. Khambatki tunnel
Six-lane tunnel on the Pune–Satara National Highway entered testing.
Important for connectivity and infrastructure development.
7. MSRTC
– Maharashtra State Road Transport Corporation made bus-depot toilets free to use from June 2, 2026.
| Institution | Full form |
|---|---|
| MMRDA | Mumbai Metropolitan Region Development Authority |
| MIDC | Maharashtra Industrial Development Corporation |
| MSRTC | Maharashtra State Road Transport Corporation |
| CIDCO | City and Industrial Development Corporation |
| MPSC | Maharashtra Public Service Commission |
| MITRA | Maharashtra Institution for Transformation |
| MAHATRANSCO | Maharashtra State Electricity Transmission Company |
Revise these locations:
Kalpakkam – Tamil Nadu, not Maharashtra.
Khambatki Ghat – Pune–Satara route.
Nariman Point – Mumbai.
Dahisar–Mira-Bhayandar – Metro Line 9 corridor.
Ulwe – Navi Mumbai region.
Atal Setu – Mumbai Trans Harbour Link.
| Date | Important day |
|---|---|
| June 1 | World Milk Day |
| June 2 | Telangana Formation Day |
| June 3 | World Bicycle Day |
| June 4 | International Day of Innocent Children Victims of Aggression |
| June 5 | World Environment Day |
| June 7 | World Food Safety Day |
| June 8 | World Oceans Day |
| June 12 | World Day Against Child Labour |
| June 14 | World Blood Donor Day |
| June 15 | World Elder Abuse Awareness Day |
| June 16 | International Day of Family Remittances |
| June 17 | World Day to Combat Desertification and Drought |
| June 18 | Sustainable Gastronomy Day |
| June 20 | World Refugee Day |
| June 21 | International Day of Yoga |
| June 21 | World Music Day |
| June 23 | United Nations Public Service Day |
| June 23 | International Olympic Day |
| June 25 | Day of the Seafarer |
| June 26 | International Day Against Drug Abuse and Illicit Trafficking |
| June 27 | Micro-, Small and Medium-sized Enterprises Day |
| June 29 | National Statistics Day |
| June 30 | International Asteroid Day |
World Environment Day: UNEP.
World Oceans Day: United Nations.
World Food Safety Day: WHO and FAO.
World Blood Donor Day: WHO.
International Day of Yoga: United Nations.
National Statistics Day: Birth anniversary of P. C. Mahalanobis.
International Asteroid Day: Commemorates the Tunguska impact event of 1908.
International Day of Yoga 2026: The theme reported in June 2026 was “Yoga for Healthy Ageing”.
For June 2026 examination preparation, keep a separate revision list for:
Books released by political leaders and public officials.
Autobiographies of sportspersons.
Books on Indian history and constitutional developments.
Important personalities associated with government committees.
Notable obituaries of national and international personalities.
These are the facts to revise immediately before your examination.
RBI Governor – Sanjay Malhotra.
June 2026 repo rate – 5.25%.
RBI policy stance – Neutral.
SDF rate – 5%.
MSF rate – 5.50%.
Bank Rate – 5.50%.
India’s FY 2025–26 GDP growth estimate – 7.7%.
India’s Q4 FY 2025–26 GDP growth estimate – 7.8%.
Revised Kisan Credit Card directions – June 19, 2026.
GARUDA – SEBI’s AIF green-channel initiative.
New Chief of Army Staff – General Dhiraj Seth.
General Dhiraj Seth took charge – June 30, 2026.
India’s FATF Vice-President – Vivek Aggarwal.
New CEO of IndiaAI Mission – Saurabh Vijay.
India’s first Norway Chess winner – R. Praggnanandhaa.
FIH Women’s Nations Cup winner – India.
SAFF Women’s Championship winner – India.
FIFA World Cup 2026 host countries – USA, Canada and Mexico.
Supreme Court right-to-walk judgment – June 19, 2026.
Constitutional provision for freedom of movement – Article 19(1)(d).
Maharashtra farmer loan-waiver scheme – Punyashlok Ahilyadevi Holkar.
Maharashtra loan-waiver allocation – ₹36,585 crore.
Estimated beneficiaries – 55.72 lakh farmers.
National Panchayat Awards – 42 Panchayats recognised.
World Environment Day – June 5.
World Oceans Day – June 8.
World Refugee Day – June 20.
International Day of Yoga – June 21.
National Statistics Day – June 29.
International Asteroid Day – June 30.
June 2026 Mock Test
Q1. What was the RBI repo rate following the June 2026 MPC meeting?
Q2. Who became the 31st Chief of the Army Staff in June 2026?
Q3. Which constitutional provision protects the freedom of movement throughout India?
Q4. Which Indian chess player won Norway Chess 2026?
Q5. What is the allocation of Maharashtra’s Punyashlok Ahilyadevi Holkar Farmer Debt Relief Scheme?
Q6. Where is the headquarters of FATF?
Q7. What does GARUDA relate to?
Q8. When is World Environment Day observed?
Q9. Which team won the FIH Women’s Nations Cup 2025–26?
Q10. Who is the CEO of the IndiaAI Mission appointed in June 2026?
Q11. National Statistics Day in India is observed on:
Q12. Which state hosted the new Khambatki tunnel project?
Q13. Which country won the SAFF Women’s Championship 2026?
Q14. What was India’s rank in the Global Peace Index 2026?
Q15. Which day is observed on June 17?