Daily Current Affairs — 5 February 2026
5 articles • UPSC Prelims & Mains
Strengthening Capital Goods Sector
Context The Union Budget 2026-27 has estimated ₹12.2 lakh crore for public capital expenditure, from ₹2.63 lakh crore in FY18. Key Announcements in Union Budget 2026-27For the Capital Goods Sector Increased Public Capital Expenditure: Public capital expenditure proposed at ₹12.2 lakh crore in FY 2026–27 reinforcing infrastructure-led growth and supporting demand for capital goods across sectors such as transport, energy, urban infrastructure, and industry.
Strengthening India’s Textile Value Chain
Context In the Union Budget 2026-27, a comprehensive and integrated policy framework has been declared to bolster the entire textile value chain- from fibre to fashion, from village industries to global markets. Integrated Programme for the Textile Sector Objective: Boosting competitiveness, fostering self-reliance and creating jobs. It is structured around five sub-components: Read More
Chemical Parks
In News The Union Budget 2026–27 has introduced a new scheme to assist States in setting up three dedicated Chemical Parks with a budgetary allocation of Rs 600 crore in BE FY 2026–27. What are Chemical Parks? Chemical parks are planned industrial clusters explicitly designed for chemical and petrochemical manufacturing, where multiple units operate together, sharing world-class infrastructure and common services.
PSU Disinvestment as a Pillar of Growth-Oriented Fiscal Consolidation
Context The Union Budget 2026–27 reiterates the government’s preference for growth-led fiscal consolidation, balancing deficit reduction with sustained capital expenditure, and disinvestment. About Economic growth has been prioritised over fiscal deficit reduction to sustain demand and investment. Capital expenditure and infrastructure spending have been protected due to their high growth multiplier effects.
Denotified Tribes Demand Constitutional Recognition and Separate Census Enumeration
Context Denotified Tribes (DNTs), Nomadic Tribes (NTs), and Semi-Nomadic Tribes (SNTs) across India are demanding a separate column in the 2027 caste census and constitutional recognition through a distinct Schedule, citing long-standing political misclassification, and exclusion from welfare benefits. Nomadic, Semi Nomadic, and Denotified Tribes (NTs, SNTs, and DNTs) Nomadic and semi-nomadic communities are defined as those who move from one place to another rather than living at one place all