Current affairs · 24 October 2026

Current affairs — 24 October 2026

The day's most exam-relevant current affairs for UPSC, SSC, banking, railways and state exams — free, factual, revision-ready. 7 updates.

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Appointments

  • Sunil Kumar Appointed Next ONGC Chairman

    Sunil Kumar has been appointed as the next Chairman of Oil and Natural Gas Corporation (ONGC). The appointment was announced on October 23, 2026. Details regarding his tenure and key responsibilities were released by the government.

    Why it matters: PSU appointments are important for general awareness sections; ONGC is India's largest oil & gas producer

    In plain words (5 lines, written by AI from this item)

    1. Sunil Kumar has been chosen to be the new Chairman of ONGC, India's biggest oil and gas company.
    2. The government made this announcement on October 23, 2026, with official details about his job.
    3. Chairmen lead large companies, so this person will make important decisions for India's oil and gas production.
    4. People who use petrol, diesel, or gas in daily life are affected because ONGC supplies these products.
    5. ONGC Chairman appointments are important for government exams because ONGC is India's main oil and gas producer.
    UPSCSSCBankingState PSCsource ↗

National

  • Cabinet Approves Integrated Transport & Logistics Authority (ITLA)

    The Union Cabinet approved the establishment of the Integrated Transport & Logistics Authority (ITLA) as a Special Purpose Vehicle (SPV) in October 2026. ITLA will function as an apex body to coordinate planning, appraisal, and monitoring across roads, railways, ports, inland waterways, civil aviation, and urban transit systems.

    Why it matters: Major institutional reform for multi-modal transport planning; relevant for infrastructure and governance topics

    In plain words (5 lines, written by AI from this item)

    1. The Union Cabinet approved a new organization called the Integrated Transport & Logistics Authority to handle transport planning.
    2. It is a special organization that will work as the main body for coordinating different types of transport.
    3. This was done to improve how roads, railways, ports, waterways, aviation, and city transport systems work together better.
    4. People who travel or ship goods will benefit because different transport systems will now coordinate with each other.
    5. ITLA is an apex body that coordinates planning, appraisal, and monitoring across all major transport modes in India.
    UPSCSSCRailwayssource ↗

Pay & Jobs

  • 8th Pay Commission Holds Stakeholder Consultation in Mumbai on October 22-23

    The 8th Pay Commission panel visited Mumbai on October 22-23, 2026 to hold talks with employee unions and pensioner associations. The commission is gathering feedback to finalize recommendations on fitment factor, salary structure, and allowances for over 1 crore beneficiaries including 50 lakh central government employees and 65 lakh pensioners.

    Why it matters: 8th Pay Commission impacts all central government employees; implementation expected from January 2026

    In plain words (5 lines, written by AI from this item)

    1. The 8th Pay Commission held meetings in Mumbai to listen to what government workers and retired workers want.
    2. Government employee unions and pensioner groups attended the meetings to share their needs and concerns.
    3. The commission is deciding how much salary and allowances central government workers and pensioners will get in the future.
    4. Over one crore people including current government workers and retirees will be affected by these new salary rules.
    5. The 8th Pay Commission decides salary and allowances for central government employees and pensioners across India.
    UPSCSSCBankingRailwaysState PSCsource ↗
  • DA at 60% from January 2026, July DA Hike Still Pending

    The Union Cabinet approved a 2% increase in Dearness Allowance (DA) and Dearness Relief (DR) with effect from January 1, 2026, raising the rate from 58% to 60% of Basic Pay/Pension. However, as of mid-October 2026, the DA revision due from July 1, 2026 remains pending and was not announced in the October 14 Cabinet meeting.

    Why it matters: DA revisions directly impact take-home salary of all central government employees and pensioners; biannual updates are crucial

    In plain words (5 lines, written by AI from this item)

    1. The government increased Dearness Allowance by 2% starting January 2026, taking it from 58% to 60%.
    2. This change affects central government employees and people receiving government pensions.
    3. Dearness Allowance is extra money given to match rising prices, so workers get more when prices go up.
    4. All central government workers and retired government employees will receive higher monthly payments.
    5. Remember that DA is given twice a year and directly increases the take-home salary of government workers.
    UPSCSSCBankingRailwaysState PSCsource ↗

Schemes

  • National Social Assistance Programme Restructured with ₹53,428 Crore Outlay

    The Union Cabinet approved the continuation and restructuring of the National Social Assistance Programme (NSAP) for five years (FY 2026-27 to FY 2030-31), backed by ₹53,428 crore. Monthly assistance revised to ₹375 for beneficiaries up to 79 years and ₹625 for those 80+ years. The scheme has been renamed Pradhan Mantri Samajik Sahayata Yojana (PMSSY).

    Why it matters: Major welfare scheme restructuring; NSAP covers old-age, widow, and disability pensions under Article 41 DPSP

    In plain words (5 lines, written by AI from this item)

    1. The government changed and improved a big welfare program that gives money to poor and old people.
    2. This is the National Social Assistance Programme, which they renamed to Pradhan Mantri Samajik Sahayata Yojana.
    3. The Cabinet approved this change with a large budget of ₹53,428 crore for the next five years.
    4. Poor elderly people, widows, and people with disabilities will receive more monthly assistance money now.
    5. The monthly help increased to ₹375 for people under 80 years and ₹625 for those 80 years and older.
    UPSCSSCState PSCsource ↗
  • PM-KISAN Extended to 2030-31 with ₹3.15 Lakh Crore Outlay

    The Cabinet approved continuation of PM-KISAN from 2026-27 to 2030-31 with an outlay of about ₹3.15 lakh crore, the largest single scheme approval of the year. The scheme provides ₹6,000 per year to eligible farmers in three equal installments.

    Why it matters: Largest agriculture income support scheme; crucial for rural economy and farmer welfare questions

    In plain words (5 lines, written by AI from this item)

    1. The government decided to continue giving money to farmers through PM-KISAN scheme until 2030-31.
    2. The Cabinet approved this decision with a total budget of about three lakh fifteen thousand crore rupees.
    3. This scheme gives six thousand rupees every year to farmers in three equal payments to help them.
    4. Farmers who are eligible will keep getting this money, which helps their families buy things they need.
    5. PM-KISAN is the largest single agriculture support scheme and important for government exams on rural welfare.
    UPSCSSCBankingState PSCsource ↗
  • PM-RAHAT Scheme Launched for Road Accident Victims

    The Prime Minister - Road Accident Victims' Hospitalisation and Assured Treatment (PM-RAHAT) Scheme has been launched in October 2026. The scheme aims to provide assured treatment and hospitalization facilities for road accident victims across India.

    Why it matters: New welfare scheme; questions on scheme objectives, beneficiaries, and nodal ministry are common in exams

    In plain words (5 lines, written by AI from this item)

    1. The government launched a new scheme called PM-RAHAT to help people hurt in road accidents.
    2. This scheme is for any road accident victim who needs hospital treatment across India.
    3. The scheme was started because many accident victims could not afford treatment or find hospitals quickly.
    4. Regular people who travel on roads or use vehicles are affected if they get into an accident.
    5. PM-RAHAT scheme provides assured hospitalization and treatment for road accident victims in India.
    UPSCSSCState PSCGeneralsource ↗

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