Daily Current Affairs — 6 February 2026
4 articles • UPSC Prelims & Mains
Ease of Doing Business: India’s Ongoing Regulatory Transformation
In Context Union Budget 2026-27 reinforces Ease of Doing Business as pillar of growth and development, while focusing on digitisation, tax certainty, investor access and litigation reduction. Ease of Doing Business (EoDB) It has emerged as a cornerstone of India’s economic reform agenda and is reaffirmed as a key pillar of growth and development. The Union Budget 2026-27 focuses on reforms aimed at digital trade facilitation, tax certainty, reduction in compliance and litigation, trust-based cus
India and Gulf Cooperation Council Sign Terms of Reference for Free Trade Agreement
Context India and the Gulf Cooperation Council (GCC) have signed the Terms of Reference for a Free Trade Agreement (FTA) in New Delhi. About The terms of reference (ToR) outline the scope and modalities of a proposed trade pact. It defines the scope of the agreement, including trade in goods, trade in services, investments, and other trade-related issues; Lay down the structure and timelines for negotiations; Read More
16th Finance Commission (FC) Recommendations for Strengthening Local Bodies
Context The 16th Finance Commission chaired by Arvind Panagariya, recommended ₹7,91,493 crore in grants to rural and urban local bodies along with structural reforms to strengthen local governance. What is the Finance Commission? The Finance Commission is a constitutional body constituted by the President of India under Article 280, that recommends how tax revenues collected by the Central government should be distributed among the Centre and various States in the country.
Illegal Coal Mine Explosion in Meghalaya
Context Illegal coal mine explosion in East Jaintia Hills, Meghalaya, killing 18 workers, highlights continued prevalence of rat-hole mining despite regulatory bans. What is Rat Hole Coal Mining? Illegal coal mining is most prevalent in Jharkhand, Odisha, Chhattisgarh, West Bengal, and Meghalaya’s Jaintia, Khasi, and Garo Hills, where coal seams are thin and scattered, making mechanized mining economically unattractive.