16 March, 2026
GK Update
Sat 21 Mar, 2026
National News
India-Bhutan Agreement

- India and Bhutan have signed a Memorandum of Understanding (MoU) on postal cooperation.
Key Facts:
Bhutan:
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Launch of the 'Krishi Sakhi' Initiative

- The Agriculture Insurance Company of India Limited (AIC) has launched the 'Krishi Sakhi' initiative with the objective of empowering women farmers.
- Under this initiative, the AIC will conduct month-wise workshops and awareness campaigns across the country to educate women farmers about crop insurance (such as PMFBY), financial security, and modern agricultural practices.
Related Facts:
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Launch of the RELIEF Scheme

- The Government of India has launched the ₹497 crore RELIEF (Resilience and Logistics Intervention for Export Facilitation) scheme to provide assistance to Indian exporters affected by the ongoing conflict in West Asia.
- This initiative will be implemented by ECGC Limited, which will offer risk cover of up to 100% and financial relief to protect exporters against high shipping costs and insurance-related risks.
Key Highlights:
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Economy and Banking
'Income Tax Act, 2025'

- The Central Board of Direct Taxes (CBDT) has notified the Income Tax Rules, 2026, which will implement the provisions of the 'Income Tax Act, 2025,' effective from April 1st.
Income Tax Act, 2025:
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Launch of India's First LPG ATM

- Bharat Petroleum Corporation Limited (BPCL) has launched India's first 'LPG Automated Teller Machine' (ATM) in Gurugram, Haryana.
- This pilot project offers a 24x7 service, enabling customers to exchange an empty cylinder for a filled composite (lightweight) cylinder in just 2–3 minutes.
- This machine primarily dispenses fiber composite cylinders (5 kg and 10 kg), which are lighter (approximately 15 kg) and transparent compared to traditional iron cylinders (approximately 30 kg).
Bharat Petroleum Corporation Limited (BPCL):
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India's Achievement in Coal Production

- India has achieved the milestone of producing one billion tonnes of coal for the second consecutive year.
Coal:
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Reports and Indices
Mid-term Review of the 20th Electric Power Survey

- According to the Mid-term Review (March 2026) of the 20th Electric Power Survey conducted by the Central Electricity Authority (CEA), India's installed power capacity is expected to more than double to reach 1,121 GW by 2035-36, driven primarily by 509 GW of solar energy.
- During this period, the share of non-fossil fuels is projected to reach 70%.
- National Generation Adequacy Plan (2026-27 to 2035-36) Report:
Electricity Demand and Growth Rate (CAGR):
Expansion in Installed Capacity:
Projected Energy Mix (by 2035-36):
Clean Energy and a Green Future:
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Awards and Honors
Stockholm Water Prize 2026

- Renowned environmental scientist of Iranian origin, Professor Kaveh Madani, has been awarded the Stockholm Water Prize 2026 for his contributions to water resource management, policy formulation, and groundbreaking research—specifically his concept of "Water Bankruptcy."
- At 44 years of age, Madani has become the youngest individual—as well as the first UN official—to receive this prestigious award (often referred to as the "Water Nobel"). He currently serves as the Director of UNU-INWEH.
Related Facts:
Stockholm Water Prize:
Key Facts:
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Important Days
'International Day of Forests'

- The 'International Day of Forests' is observed annually on March 21st with the objective of raising awareness regarding the importance of forests and trees.
Related Facts:
India State of Forest Report (ISFR) 2023:
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'World Down Syndrome Day'

- 'World Down Syndrome Day' is observed annually on March 21st with the aim of raising awareness about Down syndrome.
Key Facts:
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Down Syndrome:
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