UPSC Current Affairs 05 May 2026 — PIB

• Cabinet approves increase in the Judge strength of the Supreme Court of India by Four to 37 from 33
• Cabinet approves Emergency Credit Line Guarantee Scheme 5.0
• Cabinet approves “Mission for Cotton Productivity” with Rs.5659.22 crore Outlay for Self-Sufficiency in Cotton and Competitiveness in Global Textile Markets by 2030-31
• Cabinet approves two more semiconductor manufacturing units with cumulative investment of more than Rs. 3,900 crore
• Cabinet approves Fair and Remunerative Price of Rs.365/qtl for Sugarcane Farmers for season 2026-27
• Scheduled Commercial Banks (SCBs) Record Robust Credit Growth of 15.9% in FY 2025-26, Reflecting Strong Economic Activity and Credit Demand
• NITI Aayog Launches Central Prabhari Officer (CPO) Portal to Strengthen Real-Time Governance and Last-Mile Delivery
• Cabinet approves three multitracking projects covering 19 Districts across the states of Madhya Pradesh, Rajasthan, Uttar Pradesh, Karnataka, Andhra Pradesh and Telangana, increasing the existing network of Indian Railwa...
• Cabinet approves Ship Repair Facility at Vadinar, Gujarat
• MoD inks Rs 1,476 crore contract with BEL for five Ground-Based Mobile Electronic Systems for Indian Army
• UIDAI joins hands with NFSU to enhance cybersecurity and digital forensics resilience
• Department of Financial Services (DFS) Approves Viability Plan 2.0 for Regional Rural Banks (RRBs)
• Second BRICS Employment Working Group Meeting to Begin in Thiruvananthapuram on 6 May 2026
• India's defence production reached ₹1.54 lakh crore recording 174 % rise in one decade, while defence export growth rose to ₹23,622 crore recording 34 times rise in one decade: Dr. Jitendra Singh
• India’s Steel Sector Advances Towards Self-Reliance