Standing Committee Urges 90-Day Crude Oil Strategic Reserve Target, Notes Budget Utilization Gap

ONGC to Reserve 50% of 1.75 MMT Mangaluru Storage for Strategic Petroleum Reserves

ONGC will reserve 50% of its 1.75 MMT Mangaluru oil storage facility as strategic storage, while the rest will be used commercially. India's current storage capacity covers 74 days of net crude import requirements, and the government is planning 6.5 MMT more at Chandikhol and Padur. This is a key energy-security move relevant to infrastructure and strategic reserves questions.

Rajya Sabha Passes Appropriation Bill 2026 for ₹54,067 Cr Excess Expenditure (FY2022-23)

Rajya Sabha has cleared the Appropriation Bill, 2026, authorising ₹54,067.44 crore in excess expenditure from the Consolidated Fund of India for FY 2022-23. Two demands covered: ₹53,871 crore for debt repayment and ₹196.44 crore per a Railway Ministry court order. This is a key procedural event in parliamentary financial control every student of Indian polity must understand.

India's Proposed 28 MT Crude, 9 MT LNG, 4 MT LPG Strategic Fuel Reserves

India is considering a decade-long strategic fuel programme to add 28 MT crude, 9 MT LNG and 4 MT LPG storage to buffer energy shocks. The plan is still a proposal, and analysts stress that storage alone cannot ensure energy security—deliverability through ships, pipelines and governance matters equally.

FASTag Full Implementation to Save ₹25,000 Cr/yr; Barrier-Free Toll Booths Target March 2027

India's highway toll system is undergoing a digital transformation. Full FASTag implementation will save the government ₹25,000 crore annually, and all toll booths will become barrier-free by March 2027 — cutting operational costs and fuel wastage. This is a major efficiency reform with direct exam relevance for infrastructure, digital payments, and fiscal savings.

MSME Development Amendment Bill 2026 Passed: 50% Interim Payment, Faster Dispute Resolution

Lok Sabha passed the MSME Development Amendment Bill, 2026 without debate, tackling delayed payments with faster dispute resolution and empowering courts to order 50% interim payment to suppliers. MSMEs contribute 31% to GDP, 36% to manufacturing, and 41% to exports. The Bill is now cleared by Parliament.

Rs 12.22 Lakh Crore Capex Target for 2026-27: Can Public Investment Crowd In Private Capex?

India's capex strategy is a key driver of growth, with effective capital expenditure reaching Rs 17.15 lakh crore for 2026-27. The article examines whether public investment can crowd in private investment, the need for quality over quantity, and the next frontiers like digital infrastructure, AI, and semiconductors.

NHAI Issues New Guidelines for High-Speed Corridors: Lane Norms, Barrier-less Tolling, and Vision 2047 Target

NHAI has issued comprehensive guidelines for the design and construction of high-speed corridors (expressways), including lane norms based on traffic volume (PCU), access control, signage, barrier-less tolling, and boundary walls. This move aims to standardize DPR preparation and aligns with India's Vision 2047 target of 50,000 km of high-speed corridors by 2036-37. Students must note the PCU thresholds, signage distances, and the RCC boundary wall height for prelims.

Centre Invokes Section 11 Emergency, Directs 112 Captive Coal Plants to Max Capacity from Oct 1

Amid an unusual September power demand surge (peak 269 GW), the government invoked Section 11 of the Electricity Act to mandate 112 captive coal plants (≥50 MW) to run at full capacity from Oct 1 to Dec 31. This emergency move aims to maximize electricity availability and is exam-relevant for its legal provision, institutional mechanism (CEA), and energy security context.