Summary of 15 October Current Affairs.
Current Affairs

Summary of 15 October Current Affairs.

October 15, 202653 views

1. Key Infrastructure & Regional Development

  • ₹3,350 Crore Ladakh Development Package: Prime Minister Narendra Modi inaugurates five major infrastructure project groups in Ladakh via video conferencing:

  • Leh Airport Terminal: New Passenger Terminal Building at Kushok Bakula Rimpochee Airport built for ₹640 crore, incorporating geothermal energy and capable of handling 35 lakh passengers annually.

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  • Nimmu-Padum-Darcha Road: 298-km strategic road constructed by the BRO through Zanskar Valley and Shinkun La Pass, providing an alternative all-weather connectivity corridor to Ladakh.

  • Clean Energy & Grid: 9 MW Hanu Small Hydroelectric Project and the 66 kV Double-Circuit Dah-Hanu-Khaltsi Transmission Line.

  • Petroglyph Conservation Park: India's first petroglyph conservation park at Sindhu Ghat, Leh, to safeguard prehistoric rock art.

  • Project Him Sarovar: 40 water bodies developed across 40 villages to strengthen local water security and irrigation.

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    2. Union Cabinet Decisions & Social Welfare

    • National Social Assistance Programme (NSAP) Overhaul:

    • The Cabinet approved ₹53,428 crore to extend NSAP for five years (2026–27 to 2030–31).

  • Renamed as Pradhan Mantri Samajik Sahayata Yojana. Sub-schemes renamed to Pradhan Mantri Vridhavastha Pension Yojana, Pradhan Mantri Vidhawa Pension Yojana, Pradhan Mantri Divyangjan Pension Yojana, and Pradhan Mantri Parivar Labh Yojana.

  • Disability eligibility benchmark reduced from 80% to 40%, with minimum age starting from birth, providing ₹375/month (up to 79 yrs) and ₹625/month (80+ yrs).

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  • Railway Productivity Linked Bonus: Approved 78 days of Productivity Linked Bonus (PLB) worth ₹2,009 crore for over 11.40 lakh non-gazetted Railway employees.

  • 3. Economy, Banking & Energy Sector Reforms

    • IDBI Bank Restructuring: Union Cabinet approved Fairfax Financial Holdings acquiring a controlling stake in IDBI Bank for ₹52,878 crore at ₹81 per share—the largest FDI deal in India's financial sector history. Government stake falls to 15% and LIC to 19%.

  • Jio Platforms Mega IPO: Announced India's largest-ever ₹30,213-crore IPO (opening October 21–23, 2026 at ₹1,065–₹1,119 per share).

  • National Power Data Sharing Framework: Ministry of Power announced the rollout of a voluntary data-sharing framework for power utilities, chaired by the Central Electricity Authority (CEA) Chairperson.

  • AI in Power Sector: CEA launched the Vidhyut Dwar Portal and released the CEA Manual on Transmission Planning Criteria, 2026 during its conference on making the power grid AI-enabled.

  • WPI Inflation Surge: Wholesale Price Index (WPI) inflation rose to 11.4% in September 2026, propelled by food articles (8.1%) and fuel/power (25.85%).

  • 4. International Relations & Defense

    • India–Canada High-Level Engagement: Canadian Foreign Minister Anita Anand met PM Modi and EAM Dr. S. Jaishankar in New Delhi to advance bilateral ties in trade, technology, security, and expedite negotiations on a Comprehensive Economic Partnership Agreement (CEPA).

  • 'Brihattar Bharat' Conference: Inaugurated by IGNCA at Vigyan Bhawan (14–16 October 2026) marking the centenary of the Greater India Society, involving scholars from 51 countries across 10 research themes.

  • ASEAN–India Defence Cooperation: Defence Minister Rajnath Singh called for co-production of military hardware, joint research, and enhanced maritime surveillance at the maiden ASEAN-India Defence Think Tank Forum.

  • Exercise Cambrian Patrol 2026: Indian Army's Assam Regiment won the Gold Medal at Exercise Cambrian Patrol in Wales, UK.

  • 5. Standards, Technology & Health

    • Telecom Standardization: Telecommunication Engineering Centre (TEC) celebrated World Standards Day 2026, highlighting the formulation of 596 national telecom standards, designation of 82 Conformity Assessment Bodies, and issuance of 5,400+ certificates.

  • Digital Medical Signatures: National Medical Commission (NMC) issued an advisory allowing registered medical practitioners to use digital/electronic signatures for remote review and authentication of medical records.

  • 6. State Governance Updates

    • Uttar Pradesh: Launched concessional sugar distribution at ₹52/kg across state-run cooperative sales centres.

  • Maharashtra: Declared 305 talukas drought-hit and announced ₹5,000 direct financial assistance to affected farmers before Diwali.

  • Punjab: Main accused arrested in Rajasthan following the murder of anti-drug activist Parminder Singh Jhota.