All days

UPSC current affairs · Monday

Current Affairs, 1 June 2026

4 issues picked from 43 PIB releases · about 2 minutes each · written by UPSC Grade, each fact checked against its PIB release or by a second model

How to readRead “Why in news” and “What it is” for every issue. Open For Prelims or For Mains for the exam you’re preparing for, then Test yourself at the foot of each card. Half the news questions in Prelims are answered from background, not the news itself.

In 60 seconds

  1. India-Oman Comprehensive Economic Partnership Agreement (CEPA). India–Oman CEPA took effect on 1 June 2026, giving duty-free access to most Indian exports.
  2. Index of Industrial Production (IIP) New Series. MoSPI rebases IIP to 2022-23, widens coverage; April 2026 growth 4.9%.
  3. Anusandhan National Research Foundation (ANRF) and MAHA Water Mission. ANRF and Jal Shakti launch ₹200-crore mission to fund water-sector startups and consortia.
  4. India-Myanmar Security Cooperation. India and Myanmar review ties on connectivity, trade, security and scholarships during Myanmar President's first India visit.
1

International relations

India-Oman Comprehensive Economic Partnership Agreement (CEPA)

GS2 International RelationsGS3 Trade and exportsPrelims and Mains

Why in news
The India–Oman Comprehensive Economic Partnership Agreement (CEPA) entered into force on 1 June 2026, after being signed in Muscat on 18 December 2025. The first consignments using preferential tariffs were flagged off.
What it is
The India–Oman CEPA is a bilateral trade pact covering goods, services, professional mobility, investment facilitation and regulatory cooperation. It goes beyond tariff cuts. Oman is a gateway to the wider Gulf (GCC) and East African markets through its ports.
India's offer
India liberalises 77.79% of tariff lines, covering 94.81% of imports from Oman by value. Dairy, cereals, edible oils, spices and some other sensitive items are excluded.
Trade size
Bilateral trade was USD 11.18 billion in FY 2025-26, up from USD 10.61 billion. Oman is India's second-largest trading partner in the Gulf.
Regulatory recognition
Oman will accept Export Inspection Council certificates. India's NPOP organic and halal certification are recognised.
Oman's tariff offer to India
Oman gives 100% duty-free access across 98.08% of its tariff lines, covering 99.38% of India's export value, from Day One.
India's offer to Oman
India offers liberalisation on 77.79% of its 12,556 tariff lines, covering 94.81% of imports from Oman by value. Sensitive items are in the exclusion list.
Bilateral trade
Trade was USD 10.61 billion in FY 2024–25, up from USD 8.94 billion in FY 2023–24.
Regulatory cooperation
The CEPA has TBT and SPS chapters. It requires acceptance of Export Inspection Council (EIC) certificates and recognises NPOP organic certification and halal certification systems.

Don’t confuse with CEPA vs FTA: An FTA mainly cuts tariffs on goods. A CEPA also covers services, investment and regulatory cooperation.

Don’t confuse with MFN vs preferential tariff: MFN is the tariff applied to all WTO members. A preferential tariff under a trade pact is lower and only for partners.

Don’t confuse with TBT vs SPS: TBT covers technical regulations, standards and conformity assessment. SPS covers food safety and animal and plant health measures.

International bodies and relations: the largest group of news questions in Prelims (61 since 2013), often about background, members and location. In Mains, 27 news-triggered questions, mostly on India's interests.

Test yourselfMains

Worth revising until Prelims 2028: most news questions come within two years of the event.

2

Economy

Index of Industrial Production (IIP) New Series

GS3 EconomyPrelims and Mains

Why in news
On 1 June 2026, MoSPI released the first IIP figures on the new base year 2022-23, replacing 2011-12. It showed 4.9% growth for April 2026, led by 6.2% growth in manufacturing.
What it is
The Index of Industrial Production (IIP) is a monthly index that measures changes in the volume of industrial output against a base year. It is compiled and released by MoSPI. The base year is revised from time to time so that the item basket and weights match the current industrial structure.
Base year change
The base year of IIP moves from 2011-12 to 2022-23.
Expanded scope
Gas supply and water supply, sewerage and waste management are added. Minor and rare earth minerals are now in mining.
Item basket
The new basket has 1,042 products mapped to 463 item groups. The old one had 839 items in 407 groups.
Deflator
WPI continues to deflate item groups reported in value terms. The Output PPI will be used once it is released and found stable.
Electricity split
Electricity is split into renewable (hydro, wind, solar) and non-renewable (thermal, nuclear) sources, weighted by share of revenue in FY 2022-23.

Don’t confuse with IIP vs WPI: IIP measures change in the volume of industrial output. WPI measures wholesale price change and is used here only as a deflator.

Don’t confuse with Base year revision vs linking: Rebasing resets the base and weights. Linking factors help join old and new series, but MoSPI does not prescribe a linking method.

Economy terms and data: 42 Prelims questions since 2013, rising in recent years; they test what a term or instrument means. In Mains, 12 news-triggered questions.

Test yourself

Worth revising until Prelims 2028: most news questions come within two years of the event.

3

Scheme

Anusandhan National Research Foundation (ANRF) and MAHA Water Mission

GS3 Science and TechnologyGS3 Water resourcesPrelims and Mains

Why in news
On 1 June 2026, Dr Jitendra Singh and Jal Shakti Minister C.R. Patil launched the ₹200-crore ANRF–Ministry of Jal Shakti MAHA Water Mission in New Delhi. An open call for startups and MSMEs was also opened.
What it is
The MAHA Water Mission is a mission-mode research programme run by the Anusandhan National Research Foundation with the Ministry of Jal Shakti. It funds consortia of universities, labs, startups and industry to take water technologies from lab to field. It is one of ANRF's Missions for Advancement in High-Impact Areas (MAHA).
Outlay
Projected outlay is ₹200 crore over five years, shared by ANRF and the Ministry of Jal Shakti.
Support per consortium
Selected consortia can get up to ₹20 crore for technology development, field validation and deployment.
Five themes
Themes: resource assessment and management, drinking water, water quality and ecological health, use efficiency and circular economy, and climate resilience and adaptation.
Other MAHA missions
ANRF has already launched MAHA missions in Electric Vehicles, Drones, Medical Technologies, 6G and Water.
ISRO MoU
The Department of Water Resources signed an MoU with the Department of Space/ISRO on the same day.

Don’t confuse with ANRF vs MAHA Water Mission: ANRF is the funding body for research; MAHA Water is one mission run under it with Jal Shakti.

Don’t confuse with MAHA Water Mission vs Jal Sanchay Jan Bhagidari: The mission funds water technology R&D; Jal Sanchay Jan Bhagidari is a citizen-participation campaign for water conservation, with a tracking portal launched the same day.

Schemes: 52 Prelims questions since 2013, 10 in Prelims 2026 alone. They test features, the period and who funds it. In Mains, 33 news-triggered questions, mostly GS3.

No practice question for this one; the card may still help an answer. Why: ANRF is a lasting research funding body and the mission is new. Few testable facts here, so a card without a question.

Worth revising until Prelims 2028: most news questions come within two years of the event.

4

International relations

India-Myanmar Security Cooperation

GS2 International Relations · NeighbourhoodGS3 Internal SecurityPrelims and Mains

Why in news
Myanmar President U Min Aung Hlaing made his first official visit to India (30 May-3 June 2026). He held talks with PM Modi on 1 June, and a joint statement was issued the same day.
What it is
The National Level Meeting is a bilateral home-affairs dialogue between India and Myanmar. It is led by the Home Secretary on the Indian side and a Myanmar Home Ministry representative. It reviews border management, insurgency, trafficking and related security issues along the shared land border.
Policy frames
India placed Myanmar within its Neighbourhood First, Act East and MAHASAGAR policies.
Security assurance
Myanmar assured that its territory would not be used against India's security interests.
Connectivity projects
Both sides stressed working towards completing the Kaladan Multi-Modal Transit Transport project and the India-Myanmar-Thailand trilateral highway.
Crimes covered
Cooperation areas include terrorism, insurgency, narcotics, arms smuggling, human trafficking, wildlife trafficking and cybercrime. They agreed to enhance intelligence sharing and operational coordination.
Policy placement
Modi said Myanmar lies at the meeting point of Neighbourhood First, Act East and MAHASAGAR.
Scholarships
Mekong Ganga ICCR scholarships for Myanmar students rise from 36 to 100 from 2026.
Rupee-Kyat settlement
The Rupee-Kyat mechanism for bilateral trade was operationalised in May 2024, and transactions have grown steadily.

Don’t confuse with Kaladan project vs trilateral highway: Kaladan is a multi-modal route linking Kolkata to Mizoram via Sittwe port in Myanmar. The trilateral highway is a road link from Moreh in Manipur to Thailand through Myanmar.

Don’t confuse with Neighbourhood First vs Act East: Neighbourhood First focuses on India's immediate neighbours. Act East focuses on engagement with Southeast and East Asia, where Myanmar is the land gateway.

International bodies and relations: the largest group of news questions in Prelims (61 since 2013), often about background, members and location. In Mains, 27 news-triggered questions, mostly on India's interests.

No practice question for this one; the card may still help an answer. Why: Joint statement from the first visit of Myanmar's President is a lasting neighbourhood topic. Few crisp facts, and a Mains question is unlikely now.

Worth revising until Prelims 2028: most news questions come within two years of the event.

Quick facts

  • Five new Supreme Court judges were appointed on 1 June 2026 under Article 124(2); four are High Court Chief Justices and one is a senior advocate.
  • India's seafood exports hit a record ₹73,890 crore (USD 8.46 billion) in FY 2025-26, led by frozen shrimp; the US and China are top markets.

Source: PIB, 1 Jun

What we left out: 37 of 43 releases
  • Speeches without a decision (1)
  • Ceremonies and campaigns (7)
  • Same issue as another release (9)
  • Condolences and greetings (2)
  • Routine recruitment results (1)
  • Routine administrative rollouts (1)
  • Dialogues without a decision (1)
  • Research studies without a decision (1)
  • Routine election schedules (1)
  • Routine appointments (3)
  • Routine sports updates (1)
  • Routine drive tests (1)
  • Routine MoUs (1)
  • Courtesy meetings (1)
  • Review meetings (1)
  • Roundtables without a decision (1)
  • Routine data releases (3)
  • Meetings without a decision (1)

Practise the day’s news

Mains question of the day

15 marks · 250 words

The India–Oman Comprehensive Economic Partnership Agreement came into force on 1 June 2026, giving duty-free access to 99.38% of India's exports while India liberalises 77.79% of its tariff lines. Examine the key provisions of the agreement and discuss its significance and challenges for India's trade and strategic interests in the Gulf region.

From: India-Oman Comprehensive Economic Partnership Agreement (CEPA)

Write and get it marked

Keep reading

All days