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GK Update

Fri 30 Jan, 2026

National News

Construction of Fourth Rail Line Between Baikunth and Urkura Approved: Nagpur

  • The Ministry of Railways has approved the construction of a 26.40-kilometer-long fourth rail line between Baikunth and Urkura on the Bilaspur-Raipur-Nagpur main line under South East Central Railway at a cost of ₹426.01 crore.
  • This project is crucial for decongesting the Mumbai-Howrah high-density corridor, increasing freight capacity (by an additional 14.25 million tonnes), and improving train speeds.

Relevant Facts:

  • Project: Baikunth-Urkura Fourth Line (26.40 km)
  • Cost: ₹426.01 crore
  • Location: South East Central Railway (Bilaspur-Raipur-Nagpur main line)
  • Significance: This route is part of the Mumbai-Howrah high-density rail network, which is currently saturated.
  • Economic Impact: An additional revenue of approximately ₹61.70 crore is expected from the very first year.

100-Meter Long 'Make in India' Steel Bridge Completed for Bullet Train Project

  • Indian Railways has completed the construction of a 100-meter long 'Make in India' steel bridge over an underground metro tunnel in Ahmedabad district for the Mumbai-Ahmedabad bullet train project.
  • This is the 13th steel bridge out of a total of 17 planned steel bridges in Gujarat.

Bullet Train Project:

  • India's first high-speed rail
  • Route: Mumbai (Maharashtra) to Sabarmati (Gujarat)
  • Stations: 12 stations (Bandra Kurla Complex, Thane, Virar, Boisar, Vapi, Bilimora, Surat, Bharuch, Vadodara, Anand, Ahmedabad, Sabarmati)
  • Technology: Japan's E5 Series Shinkansen
  • Funding: Soft loan from Japan International Cooperation Agency (JICA) (more than 80%)
  • Implementing Agency: The project is managed by the National High Speed ​​Rail Corporation Limited (NHSRCL)

12th SIFFCY Organized

  • The 12th Smile International Film Festival for Children and Youth (SIFFCY) is being held at the Siri Fort Auditorium in Delhi.

Related Facts:

  • Dates: January 28 to February 3, 2026, a seven-day festival
  • Venue: Siri Fort Auditorium, New Delhi
  • Organized by: Smile Foundation in collaboration with the Department of Empowerment of Persons with Disabilities (DEPwD) under the Ministry of Social Justice and Empowerment, Government of India, and the European Union.
  • Film Selection: Over 100 films from more than 20 European countries are being screened.
  • The festival promotes education and awareness among children through quality films, starting with the Polish-Czech film "Grandpa, Let's Go!".

Startup Incubator and 'SHE NARRATES' Campaign Launched

  • MEESCHOOL (Media & Entertainment E-School), in collaboration with the Telangana government, launched the Cine Startup Incubator and a nationwide campaign called 'SHE NARRATES'.

Related Facts:

  • Cine Startup Incubator: Founded by Talitha Pulijala and Sunil Pulijala, it will provide skill development, mentorship, and venture support to startups in the media and entertainment sector.
  • 'SHE NARRATES' Campaign: This is a nationwide initiative aimed at empowering 10,000 girls and women across India.
  • Drone Cinematography: Under 'SHE NARRATES', women will be trained in drone cinematography and storytelling techniques.

'Sampoorna Abhiyan 2.0' Launched

  • NITI Aayog formally launched 'Sampoorna Abhiyan 2.0' on January 28, 2026.

Relevant Facts:

  • Duration: A three-month intensive nationwide campaign, running from January 28 to April 14, 2026.
  • Main Objective: To achieve 100% saturation of key performance indicators (KPIs) in 112 aspirational districts and 513 aspirational blocks.
  • Background: This campaign builds upon the success of the first 'Sampoorna Abhiyan' conducted in 2024.

Launch of India's First AI-Enabled State University Pilot Project

  • The Ministry of Skill Development and Entrepreneurship (MSDE), Google Cloud, and Chaudhary Charan Singh University (CCSU), Meerut, have jointly launched a pilot project for India's first AI-enabled state university.
  • This project will utilize Google Cloud's Gemini Enterprise platform.

Chief Minister Eti Koli Duti Pat Scheme Launched

  • The Assam government has launched the 'Chief Minister Eti Koli Duti Pat' scheme for the honor and welfare of tea garden workers.
  • Under the scheme, a one-time assistance of ₹5,000 will be provided to more than 6 lakh tea garden workers in the state.

Economy and Banking

Economic Survey 2025-26

  • Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman, presented the Economic Survey 2025-26 in Parliament, which is divided into 16 detailed chapters.

Key Highlights of the Economic Survey 2025-26:

Economic Growth and GDP Estimates:

  • FY26 Growth Rate: The real GDP growth rate for the financial year 2025-26 is projected at 7.4%.
  • FY27 Projection: The growth rate for the next financial year (2026-27) is expected to be between 6.8% and 7.2%.
  • Potential Growth Rate: India's potential growth rate has been increased from 6.5% to 7%.

Key Economic Indicators:

  • Inflation: Average domestic inflation remained at a historically low level of 1.7% during April-December 2025.
  • Fiscal Deficit: The fiscal deficit target for FY26 is set at 4.4% (compared to 4.8% in FY25).
  • Foreign Exchange Reserves: As of January 16, 2026, India's foreign exchange reserves reached $701.4 billion, sufficient to cover 11 months of imports.

Sectoral Performance:

  • Banking Sector: Banks' Gross Non-Performing Assets (GNPA) declined to a multi-decade low of 2.2% in September 2025.
  • Agriculture: Food grain production in 2024-25 is estimated to be a record 3577.3 lakh metric tons.
  • Services Sector: Services exports reached an all-time high of $387.6 billion in FY25. Infrastructure: The government's capital expenditure (Capex) has increased from ₹2.63 lakh crore in FY18 to ₹11.21 lakh crore in FY26.
  • India has been a global leader in greenfield digital investments between 2020 and 2024.
  • The survey describes India as an "Oasis of Stability" amidst global volatility.
  • It has been prepared under the guidance of Chief Economic Advisor (CEA) V. Anantha Nageswaran.

India's 127th Unicorn Company

  • SoftBank-backed fintech firm Juspay has become the first unicorn of 2026 and India's 127th unicorn company after raising $50 million in Series D funding from WestBridge Capital at a valuation of $1.2 billion.

Related Facts:

  • Valuation: This funding has pushed the company's valuation to $1.2 billion.
  • Unicorn Status: Juspay has officially become the first unicorn of 2026 and India's 127th unicorn.
  • Market Position: Juspay currently plays a significant role in India's payment gateway and checkout market, providing payment orchestration for giants like Swiggy, Zomato, and Tata Digital.

Unicorn:

  • Definition: It is a privately held company (startup) whose valuation reaches $1 billion (approximately more than ₹7,500 crore) or more.
  • Origin: The term was coined in 2013 by venture capitalist Aileen Lee, reflecting the rarity of such startups.

Terminology:

  • Decacorn: A company valued at over $10 billion (e.g., PhonePe)
  • Hectocorn: A company valued at over $100 billion.
  • Soonicorn: A company on the verge of becoming a unicorn.

India's Status:

  • Global Ranking: India is the world's third-largest startup ecosystem (after the US and China). India now has approximately 32,000-35,000 startups, with over 2,000 new startups added in the calendar year 2025.

Awards and Honors

  • Best Marching Contingent and Best Tableau Awards: Republic Day Parade 2026
  • Union Minister of State for Defence, Sanjay Seth, presented the Best Marching Contingent and Best Tableau Awards for the Republic Day Parade 2026.

Best Marching Contingent and Best Tableau Awards:

  • Best Marching Contingent (All Three Services): Indian Navy
  • Best Marching Contingent (CAPF and Other Auxiliary Forces): Delhi Police
  • Best Tableau (States and Union Territories):
  • First: Maharashtra — "Ganeshotsav: A Symbol of Self-Reliance"
  • Second: Jammu and Kashmir — Handicrafts and Folk Dances
  • Third: Kerala — Water Metro and 100% Digital Literacy
  • Best Tableau (Ministries and Departments): Ministry of Culture — Theme: "Vande Mataram – The Call of a Nation's Conscience"
  • Special Award: Central Public Works Department (CPWD) for "Vande Mataram – 150 Years of Commemoration"

Popular Choice Awards (MyGov):

  • Best Marching Contingent (Armed Forces): Assam Regiment
  • Best Marching Contingent (CAPF): CRPF
  • Best Tableau (States): Gujarat — Theme: "The Mantra of Swadeshi – Self-Reliance – Freedom: Vande Mataram" (First for the fourth consecutive year)
  • Best Tableau (Ministries): Department of School Education and Literacy

Person In News

Michael Nobbs

  • Former Australian hockey player and former head coach of the Indian men's hockey team, Michael Nobbs, has passed away at the age of 72.

Related Facts:

  • Nobbs was a brilliant defender who played 76 international matches for Australia between 1979 and 1985.
  • He took over as the head coach of the Indian men's hockey team in 2011, after the team failed to qualify for the 2008 Beijing Olympics.
  • Under his guidance, India qualified for the 2012 London Olympics.

Hockey:

  • Players: Each team has 11 players (10 field players and 1 goalkeeper).
  • Important Terminology:
  • Penalty Corner: Awarded when the defending team commits a foul inside their circle (D).
  • Bully: A method of restarting the game (now rarely used).
  • Green, Yellow, and Red Cards: For disciplinary purposes. Green card means a 2-minute suspension, Yellow means at least 5 minutes, and Red means being sent off the match.
  • Hockey India (HI): The official governing body responsible for men's and women's hockey in India.

Important Day

'Martyrs' Day'

  • Martyrs' Day is observed every year on January 30th to commemorate the death anniversary of the Father of the Nation, Mahatma Gandhi.
  • January 30, 2026, marks the 78th death anniversary of the Father of the Nation, Mahatma Gandhi.

Mahatma Gandhi:

  • Full Name: Mohandas Karamchand Gandhi
  • Born: October 2, 1869, Porbandar (Gujarat). This day is celebrated globally as International Day of Non-Violence.
  • Died: January 30, 1948 (Delhi). This day is observed as Martyrs' Day in India.
  • National Memorial: Rajghat

Key Principles:

  • Truth and Non-violence: The two main pillars of Gandhiji's life and movements.
  • Satyagraha: Non-violent resistance to injustice by adhering to truth.
  • Swadeshi and Self-reliance: He made the spinning wheel (Charkha) and Khadi symbols of self-reliance.

Important Movements:

  • Champaran Satyagraha (1917): His first successful movement in India.
  • Non-Cooperation Movement (1920-22): A nationwide non-violent rebellion against British rule.
  • Dandi March/Salt Satyagraha (1930): A historic 24-day march against the salt tax.
  • Quit India Movement (1942): Forced the British to leave India with the slogan "Do or Die".

Famous Titles:

  • Mahatma: This title was given to him by Rabindranath Tagore.
  • Father of the Nation: He was first addressed by this name by Subhas Chandra Bose.

Literature:

  • Autobiography: 'The Story of My Experiments with Truth'
  • Magazines: 'Young India', 'Navjivan', and 'Harijan'

 

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