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Census 2027 Phase-I Starts April 1; RBI Caps Forex Exposure at $100M Amid Rupee Slide; IBC Amendment Bill 2025 Passed

Target:UPSC GS-IIMPSCSSC GABankingTeachingPrelims HighMains HighStatic GK Link
31 Mar 2026
~2 min
Source: Indian Express
Key Data:₹11,718.24 croreApril 1, 2026Entry 69, Seventh Schedule$100 million$698.34 billion38 districts
Bodies:Registrar General and Census Commissioner, IndiaMinistry of Home AffairsReserve Bank of IndiaLok SabhaMinistry of Information and BroadcastingNational Commission for Denotified, Nomadic and Semi-Nomadic Tribes (NCDNT)NASA
Practice MCQs from today's news ▸
What This Article Covers

1.Census 2027 Phase-I (House Listing) starts April 1, with caste enumeration scheduled for Phase-II (Population Enumeration) in Feb 2027, conducted by Registrar General of India under MHA with a budget of ₹11,718.24 Cr.

2.RBI mandates banks limit net open forex exposure to $100M by April 10 to stem rupee slide, as forex reserves fell by $30B to $698.34B post West Asia conflict.

3.Lok Sabha passes Insolvency and Bankruptcy Code (Amendment) Bill 2025 with 12 amendments, introducing Creditor-Initiated Insolvency Resolution Process (CIIRP) and shifting powers from liquidator to Committee of Creditors.

The Big Picture
Prelims · HighMains · High

Multiple high-impact developments crucial for aspirants: Census 2027 begins with caste enumeration in Phase-II; RBI imposes a $100M forex cap to stabilize the rupee; Lok Sabha passes the IBC Amendment Bill 2025; MHA deploys AI for internal security; and Maoist insurgency nears its end with March 31 deadline. This article provides essential data points and conceptual linkages for Polity, Economy, and Security sections.

Exam Lens

Quick Exam Facts From News

Census 2027 Budget₹11,718.24 crore
Census 2027 Start DateApril 1, 2026 (Phase-I)
Census Constitutional EntryEntry 69, Seventh Schedule
RBI Forex Cap$100 million net open exposure
Current Forex Reserves$698.34 billion
LWE-Affected Districts (2026)38 (7 'Affected', 3 'Most Affected')
IBC Amendment BillInsolvency and Bankruptcy Code (Amendment) Bill, 2025
Artemis II Mission Distance Record248,655 miles from Earth

1-Minute Revision

  • ›Census 2027 Budget: ₹11,718.24 crore
  • ›Census 2027 Start Date: April 1, 2026 (Phase-I)
  • ›Target this Data: Census 2027 budget of ₹11,718.24 crore and start date of April 1, 2026.
  • ›Target this Nodal Body: Registrar General and Census Commissioner, India (under Ministry of Home Affairs).
  • ›Target this Legal Point: Insolvency and Bankruptcy Code (Amendment) Bill, 2025 introduces Creditor-Initiated Insolvency Resolution Process (CIIRP).
  • ›Target this Constitutional Provision: Census is a Union subject under Entry 69 of the Seventh Schedule.

Mastered this topic? Test your knowledge with a full MCQ quiz.

Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

The Office of the Registrar General and Census Commissioner, which conducts the decennial Census in India, operates under which Union Ministry?

Q2Statement-basedHard

Consider the following statements regarding developments mentioned in the article:

1. The first phase of Census 2027, involving House listing and Housing Census, is scheduled to begin on April 1, 2026.

2. The Insolvency and Bankruptcy Code (Amendment) Bill, 2025, removes the liquidator’s powers of admitting or rejecting claims and transfers this power to the Committee of Creditors.

3. The Reserve Bank of India has instructed banks to limit their net open exposure in the foreign exchange market to $500 million by the end of each day.

Which of the statements given above is/are correct?

Q3Data-centricMedium

As per the Ministry of Home Affairs review mentioned in the article, how many districts in India were categorised as 'LWE Affected' by the end of 2025?

Q4Application/ImpactMedium

What is the primary objective behind the Reserve Bank of India's directive to limit banks' net open foreign exchange exposure to $100 million?

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