UPSC daily current affairs

UPSC daily news summary — 15 October 2026

The Union Cabinet extended the National Social Assistance Programme through FY31, while the Ministry of Road Transport issued draft rules introducing BS-VII emission standards from April 2029.

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1 environment Bharat Stage VII BS VII Emission Standards Ministry of Road Transport and Highways proposed draft amendments to introduce BS-VII emission norms for passenger vehicles from April 1, 2029. GS2 GS3

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2 schemes National Social Assistance Programme NSAP Extension Union Cabinet approved continuation of NSAP for five years till FY31 with a total financial outlay of Rs 53,428 crore. GS2

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3 economy India China Bilateral Trade Deficit India's bilateral trade deficit with China crossed $100 billion within nine months of 2026, driven by surge in critical industrial imports. GS2 GS3

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4 economy India Mauritius Tax Treaty PPT Principal Purpose Test India updated tax enforcement rules for Mauritius-based foreign investments by applying a strict Principal Purpose Test. GS2 GS3

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5 economy World Bank $36 billion mobilization MSME funding India World Bank Group reported a cumulative mobilization of $36 billion for development projects and job creation in India over four years. GS3

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