Daily Current Affairs Digest — 11 November 2026
The Union Cabinet has approved the continuation of the Credit Guarantee Fund for Micro Units (CGFMU) and the Stand-Up India Scheme until March 31, 2031, aiming to boost micro-entrepreneurship and women and marginalized communities. Meanwhile, the Indian Navy has commenced the fifth edition of the pan-India coastal defence exercise 'Sea Vigil-26', and the DGFT prohibited the export of Lithium-Ion Battery Black Mass to strengthen domestic critical mineral recovery.
Why It Matters
Questions from today's digest will likely target the validity period of extended schemes like CGFMU and Stand-Up India (up to 31.03.2031), lead agencies of coastal defence exercises like Sea Vigil-26, and trade policy notifications by DGFT regarding critical minerals.
In Simple Words
The Union Cabinet has approved the extension of key financial inclusion schemes like the Credit Guarantee Fund for Micro Units (CGFMU) and the Stand-Up India Scheme up to March 31, 2031. These schemes provide critical loan guarantees and financial assistance to micro-entrepreneurs, women, SC, and ST beneficiaries. Alongside this, national security received a boost as the Indian Navy launched 'Sea Vigil-26' to safeguard India's extensive coastline.
For citizens and aspirants, these policy extensions mean continued institutional support for grassroots businesses, job creation, and robust coastal security frameworks. These developments form core current affairs material for banking, UPSC, and SSC examinations.
⚡ Quick 2-Minute Capsule (Key Highlights)
- Union Cabinet approved CGFMU and Stand-Up India Scheme extension up to 31 March 2031.
- Indian Navy is coordinating the 5th edition of pan-India coastal defence exercise 'Sea Vigil-26'.
- DGFT prohibited the export of Lithium-Ion Battery Black Mass to boost domestic recycling.
- President Droupadi Murmu felicitated winners at the Swachh Survekshan Awards 2025-26 in New Delhi.
- Shilp Samagam Mela 2026 at Dilli Haat crossed Rs 73.49 lakh in cumulative sales.
- Ministry of Tribal Affairs is observing Janjatiya Gaurav Pakhwada from 1 to 15 November 2026.
Exam Angle
A. 31 March 2031
10 MCQs embedded directly below this article with instant scores.
Detailed Daily Coverage & Analysis
Top National Affairs (राष्ट्रीय घटनाक्रम)
Key policy reforms, central government schemes, and legislative milestones.
Union Cabinet Approves Continuation of Credit Guarantee Fund for Micro Units (CGFMU) up to 2031
The Union Cabinet chaired by Prime Minister Narendra Modi has approved the continuation of CGFMU for five years up to 31 March 2031. As on September 2026, more than 60.36 crore loans amounting to Rs 43.34 lakh crore have been sanctioned since the launch of the scheme.
Cabinet Approves Continuation of Stand-Up India Scheme to Support SC, ST, and Women Entrepreneurs
The Union Cabinet has approved the continuation of the Stand-Up India Scheme for another 5 years up to 31 March 2031. The scheme aims to provide financial assistance to an additional 2.5 lakh entrepreneurs, having already facilitated loans to over 2.75 lakh beneficiaries since April 2016.
President Droupadi Murmu Convenes Swachh Survekshan Awards 2025-26 in New Delhi
President Droupadi Murmu honoured India's cleanest cities at the Swachh Survekshan Awards 2025-26 held at Vigyan Bhawan, New Delhi. The event was convened by the Department of Urban Development under the Ministry of Housing and Urban Affairs (MoHUA), announcing 60 national awards across 5 categories.
Janjatiya Gaurav Pakhwada 2026 Celebrates Tribal Heritage Across India Until November 15
The Ministry of Tribal Affairs is observing Janjatiya Gaurav Pakhwada from 1 to 15 November 2026, culminating in Janjatiya Gaurav Diwas on 15 November, marking the birth anniversary of Bhagwan Birsa Munda. The drive focuses on last-mile delivery of welfare schemes to tribal communities.
Top International & World Affairs (अंतरराष्ट्रीय घटनाक्रम)
Global summits, multilateral agreements, and bilateral strategic relations.
US Universities Warn Over Proposed $70,000 OPT Fee Impacting International Students
American universities and student bodies have raised concerns that proposed Optional Practical Training (OPT) fees of up to $70,000 to $100,000 by the Department of Homeland Security could drive international students away from the United States.
Iran States Enriched Nuclear Material Will Not Leave Country Amid Regional Tensions
Iran's top security chief announced that no enriched nuclear material will leave the country, while Al Jazeera reported that Iran denied talks with the US and stated the Strait of Hormuz will stay shut until demands are met.
Economy & Banking (अर्थव्यवस्था व बैंकिंग)
RBI policies, macroeconomic indicators, taxation, and financial markets.
DGFT Prohibits Export of Lithium-Ion Battery Black Mass to Strengthen Domestic Recycling
The Directorate General of Foreign Trade (DGFT) has prohibited the export of Lithium-Ion Battery Black Mass (ITC(HS) Code 85491400) with immediate effect vide Notification No. 49/2026-27 dated 10 November 2026, aiming to secure critical mineral recovery within India.
Shilp Samagam Mela 2026 at Dilli Haat Records Sales Exceeding Rs 73.49 Lakh
The ongoing Shilp Samagam Mela 2026 at Dilli Haat, New Delhi, organized with participation from four National Corporations under the Ministry of Social Justice and Empowerment, crossed Rs 73.49 lakh in cumulative sales, highlighting public appreciation for traditional artisans.
Sports, Science & Defence (खेलकूद व रक्षा)
Defense trials, military exercises, space research, and championship medals.
Indian Navy Coordinates 5th Edition of Pan-India Coastal Defence Exercise 'Sea Vigil-26'
The fifth edition of the Pan-India Coastal Defence Exercise 'Sea Vigil-26' is being held from 11 to 19 November 2026, coordinated by the Indian Navy. The exercise includes a Coastal Defence and Security Readiness Evaluation phase followed by a maritime Sea Phase.
COAS General Dhiraj Seth Delivers Address at Mechanised Forces Symposium 2026 in New Delhi
General Dhiraj Seth, Chief of the Army Staff, delivered an address on 'Vision for Future Warfighting in the Indian Subcontinent' at the Mechanised Forces Symposium 2026 held at the Manekshaw Centre, New Delhi, on 11 November 2026.
Static GK Booster (आज के स्टेटिक GK फैक्ट्स)
Key factual static foundations directly relevant to today's news.
- • 1. Union Minister of Ports, Shipping and Waterways: Sarbananda Sonowal.
- • 2. Chief of the Army Staff (COAS): General Dhiraj Seth.
- • 3. Director General of Foreign Trade (DGFT) operates under the Ministry of Commerce & Industry.
- • 4. National Credit Guarantee Trustee Company Limited (NCGTC) acts as the trustee for credit guarantee funds.
- • 5. Birth anniversary of Bhagwan Birsa Munda is observed as Janjatiya Gaurav Diwas on 15 November.
Practice Today's 10-MCQ Current Affairs Quiz
Click any option to test your recall with instant visual feedback and complete explanations.
Until which year has the Union Cabinet approved the continuation of the Credit Guarantee Fund for Micro Units (CGFMU) and the Stand-Up India Scheme?
The Union Cabinet has approved the continuation of both CGFMU and the Stand-Up India Scheme for another 5 years up to 31 March 2031 to boost micro-entrepreneurship and support marginalized communities.
Which edition of the pan-India coastal defence exercise 'Sea Vigil-26' has been commenced and coordinated by the Indian Navy?
The Indian Navy is coordinating the fifth edition of the pan-India coastal defence exercise 'Sea Vigil-26' held in November 2026, which was conceptualised following the 26/11 Mumbai attacks.
Why has the Directorate General of Foreign Trade (DGFT) prohibited the export of Lithium-Ion Battery Black Mass?
The DGFT prohibited the export of Lithium-Ion Battery Black Mass vide Notification No. 49/2026-27 to strengthen domestic critical mineral recovery and recycling within India.
President Droupadi Murmu felicitated the winners at the Swachh Survekshan Awards for which evaluation period in New Delhi?
President Droupadi Murmu honored India's cleanest cities at the Swachh Survekshan Awards 2025-26 held at Vigyan Bhawan, New Delhi, convened by MoHUA.
The Ministry of Tribal Affairs is observing Janjatiya Gaurav Pakhwada 2026 until November 15, culminating on the birth anniversary of which tribal icon?
Janjatiya Gaurav Pakhwada is observed from 1 to 15 November 2026, culminating on Janjatiya Gaurav Diwas on 15 November, marking the birth anniversary of Bhagwan Birsa Munda.
What is the primary focus of the Shilp Samagam Mela 2026 being held at Dilli Haat, New Delhi?
Shilp Samagam Mela 2026 at Dilli Haat provides a national marketing platform for traditional artisans and beneficiaries of national corporations under the Ministry of Social Justice and Empowerment.
According to reports, proposed Optional Practical Training (OPT) fees of up to $70,000 have been warned against by universities of which country?
American universities and student bodies have warned that proposed OPT fees of up to $70,000 to $100,000 by the US Department of Homeland Security could deter international students.
Which crucial global oil choke point did Iran state will stay shut until its demands are met, as per regional updates?
Al Jazeera reported that Iran stated the Strait of Hormuz, a crucial global oil choke point connecting the Persian Gulf with the Gulf of Oman, will stay shut until demands are met.
Who delivered the address on 'Vision for Future Warfighting in the Indian Subcontinent' at the Mechanised Forces Symposium 2026?
General Dhiraj Seth, Chief of the Army Staff (COAS), delivered an address on 'Vision for Future Warfighting in the Indian Subcontinent' at the Mechanised Forces Symposium 2026 in New Delhi.
Under which Union Ministry does the Directorate General of Foreign Trade (DGFT) operate?
The Directorate General of Foreign Trade (DGFT) functions under the Ministry of Commerce & Industry and regulates India's import and export policies.
Source: PIB & Verified Sources
November 2026 Monthly Compilation & Archives
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