Daily Current Affairs 12 June 2026

National Affairs

Union Health Minister J.P. Nadda Launches ‘10 Years of PMSMA – A Decade of Care’
Union Health Minister Jagat Prakash Nadda launched nationwide celebrations in New Delhi to mark a decade of the successful implementation of the Pradhan Mantri Surakshit Matritva Abhiyan (PMSMA). Initially launched by PM Narendra Modi on June 9, 2016, PMSMA provides free, high-quality antenatal care to pregnant women on the 9th of every month.

• Key Launches: Released a special ₹75 Commemorative Coin and a ₹5 Postal Stamp recognizing PMSMA's contribution to maternal healthcare.
• Nationwide Outreach: Campaigns are being conducted across all states and UTs to encourage families to utilize the 9 assured free antenatal care services.

GoI Approves 96 Companies under Textile PLI Scheme Totaling ₹12,822 Crore Investment
The Ministry of Textiles approved 22 new applicants under Round-3 of the Production Linked Incentive (PLI) Scheme for Textiles. In total, 96 companies have now been selected under this round, bringing a committed investment of ₹12,822.67 crore.

• Focus Areas: Approved applicants operate across key segments like Man-Made Fibre (MMF) apparel, MMF fabrics, and technical textiles.
• Projected Impact: Expected to generate a massive turnover of ₹58,294.18 crore, create 36,217 jobs across the value chain, and strengthen India’s position as a global textile manufacturing hub.

Cabinet Approves ₹2,533 Crore Central Government Office Complexes in Amaravati
The Cabinet Committee on Economic Affairs (CCEA), chaired by PM Narendra Modi, approved the construction of the Central Government General Pool Office Accommodation (CGGPOA) and General Pool Residential Accommodation (GPRA) campuses in Amaravati, Andhra Pradesh.

• Key Purpose: Designed to accommodate around 8,000 officials and staff members from various central government departments.
• Implementation: The ₹2,533 crore project will be implemented by the Ministry of Housing & Urban Affairs (MoHUA) via the Central Public Works Department (CPWD).
• Other Key Approvals: The Cabinet also approved Phase 2(A) of the Ahmedabad Metro Rail Project (₹2,169.04 crore) and passed a 7-point resolution congratulating PM Modi for becoming India’s longest-serving elected PM (completing 4,399 continuous days).

GoI Extends CGSMFI-2.0 Validity till August 2026, Increases Loan Limits
The Ministry of Finance extended the validity of the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) until August 31, 2026. The government also raised the maximum loan limit for Large-Sized NBFC-MFIs from ₹300 crore to ₹1,000 crore (capped at 20% of their AUM).

• Fee Structure: A guarantee fee of 0.50% per annum is charged on the sanctioned amount for the first year, and on the outstanding amount thereafter.
• Coverage Matrix: Guarantee cover on defaults stands at 80% for small, 75% for medium, and 70% for large NBFC-MFIs.
• Interest Rates: Lending rates are capped at EBLR or MCLR plus 2% per annum.

MoD Signs ₹449 Crore Deal with ASSPL for Advanced ECGNSS Jammers
The Ministry of Defence signed a ₹449 crore contract with Bengaluru-based Accord Software and Systems Private Limited (ASSPL) to procure 20 Enhanced Capability Global Navigation Satellite System (ECGNSS) Jammers for the Indian Navy.

• Capabilities: The jammers can disrupt enemy GNSS tracking through advanced spoofing and deceptive jamming techniques.
• Strategic Significance: Executed under the 'Buy Indian-IDDM' category (75% indigenous), this will drastically enhance the Indian Navy's Electronic Warfare (EW) capabilities against satellite-based targeting.
• About ASSPL: An indigenous tech company established in 1991, specializing in GNSS technologies and navigation solutions.

BSNL and IIT Kanpur Sign MoU to Advance Next-Generation Telecom Technologies
Bharat Sanchar Nigam Limited (BSNL) and the Indian Institute of Technology (IIT) Kanpur signed a Memorandum of Understanding (MoU) to jointly develop future-generation telecommunications infrastructure.

• Objective: To accelerate the development, testing, and deployment of indigenous telecom tech, reinforcing digital self-reliance.
• Focus Areas: Collaboration will strictly focus on Direct-to-Mobile (D2M) broadcasting, indigenous 4G development, and advanced spectrum research.

Banking & Finance

RBI Releases Amendment Directions Easing Bank Lending Norms for REITs and InvITs
The Reserve Bank of India (RBI) issued the Third Amendment Directions 2026, creating a revised framework governing bank lending to Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs).

• Eligible Entities: Banks can now lend exclusively to REITs and InvITs that are SEBI-registered and listed on recognized stock exchanges.
• Operational Assets (REITs): Lending is restricted to trusts where at least 80% of assets comprise cash-generating properties operational for over a year.
• Operational Assets (InvITs): At least 80% of the trust's assets must be invested in completed, revenue-generating infrastructure projects with a year of positive cash flow.

Nuvama Wealth Management Gets SEBI Approval to Launch Mutual Fund Business
Nuvama Wealth Management Limited received final approval from SEBI to launch Mutual Fund operations through its asset management arm, Nuvama Asset Management Limited (NAML).

• The Trustee: Nuvama Mutual Fund Trusteeship Services Limited will act as the trustee for the newly established MF.
• Business Strategy: Nuvama will initially focus on launching products under the Specialised Investment Fund (SIF) framework before expanding into broader mutual fund schemes.

Awards & Recognitions

Sangeet Natak Akademi Announces Fellowships and 108 Akademi Awards for 2024–2025
The General Council of the Sangeet Natak Akademi unanimously elected 7 eminent performing artists for the prestigious Akademi Fellowship (Akademi Ratna Sadasyata). Additionally, 108 artists were selected for the Sangeet Natak Akademi Awards.

• Yuva Puraskar: 106 young artists (under the age of 40) were selected for the Ustad Bismillah Khan Yuva Puraskar for 2024 and 2025.
• Award Ceremony: President Droupadi Murmu will confer the Fellowships and Main Awards. The Yuva Puraskar will be conferred by Akademi Chairman Dr. Sandhya Purecha.

Indian-Origin Scientist Gautam Dey Bags EMBO Gold Medal 2026
Gautam Dey, an Indian-origin scientist at the European Molecular Biology Laboratory (EMBL) in Germany, won the European Molecular Biology Organization (EMBO) Gold Medal 2026 for his research on the evolutionary origins of nuclear organization and cell division.

• Overview: The EMBO Gold Medal is one of Europe’s most prestigious life sciences honors awarded to early-career researchers. He shares the 2026 award with Omaya Dudin (Switzerland).
• Award Components: Winners receive a medal and a EUR 10,000 bursary from the EMBC, an intergovernmental organization of 32 member states.

Acquisitions & Mergers

CCI Approves Stake Acquisitions in Shriram Life Insurance and PUMA SE
The Competition Commission of India (CCI) cleared two major global acquisitions regarding Shriram Life Insurance Company Limited (SLIC) and PUMA SE.

• Shriram Life Transaction: Sanlam Emerging Markets (Mauritius) Limited acquired a 2.80% preferential stake in SLIC for ₹220.88 crore, increasing its total effective indirect shareholding to 68.37%.
• PUMA SE Transaction: The CCI also approved the acquisition of a 29.06% shareholding in PUMA SE by Ancat Holding GmbH (a subsidiary of ANTA Sports) for approximately EUR 1.5 billion.

ADIA Arm to Sell 2.3% Stake in Lenskart for ₹1,944 Crore
Platinum Jasmine A 2018 Trust, an investment vehicle backed by the Abu Dhabi Investment Authority (ADIA), is set to reduce its holding in Lenskart Solutions by selling a 2.3% stake through a massive block deal.

• The Deal: Valued at roughly ₹1,944 crore ($204 million), the transaction features a floor price of ₹486 per share (a 2.8% discount to Lenskart’s closing price).
• Placement Agent: IIFL Capital Services Limited will act as the sole placement agent to execute the stake sale.

Science & Technology

NASA Announces Artemis III Crew Featuring 3 USA & 1 Italian Astronaut
NASA has officially revealed the four-member crew for the Artemis III mission, slated for a late-2027 Low-Earth Orbit (LEO) flight to test Moon landers built by SpaceX and Blue Origin.

• Mission Overview: A two-week LEO mission designed to test docking mechanisms, interoperability, and system readiness before attempting actual human lunar landings. It will not approach the Moon.
• The Crew: Commander Randy Bresnik, Frank Rubio (who holds the USA record for a 371-day ISS stay), first-time flier Andre Douglas, and Luca Parmitano.
• Historic Milestone: Luca Parmitano becomes the first European Space Agency (ESA) astronaut and the second non-USA astronaut to participate in an Artemis mission.

Important Days at a Glance

Current Affairs 12 June 2026 One Liner Question Answer

1. Which Union Minister launched the nationwide celebration marking "10 Years of PMSMA – A Decade of Care"?
Answer: Jagat Prakash (J.P.) Nadda.

2. On which day of every month are free antenatal care services provided under PMSMA?
Answer: The 9th day of every month.

3. How many companies have been approved under Round-3 of the Textile PLI Scheme?
Answer: 96 companies.

4. What is the total committed investment under the Textile PLI Scheme Round-3?
Answer: ₹12,822.67 crore.

5. Which committee approved the ₹2,533 crore Central Government office complexes in Amaravati?
Answer: Cabinet Committee on Economic Affairs (CCEA).

6. In which state will the new Central Government office complexes be constructed?
Answer: Andhra Pradesh.

7. Until which date has the Government extended the validity of CGSMFI-2.0?
Answer: 31 August 2026.

8. What is the revised maximum loan limit for large NBFC-MFIs under CGSMFI-2.0?
Answer: ₹1,000 crore.

9. Which company signed a ₹449 crore contract with the Ministry of Defence for ECGNSS Jammers?
Answer: Accord Software and Systems Private Limited (ASSPL).

10. For which armed force are the ECGNSS Jammers being procured?
Answer: Indian Navy.

11. Which telecom company signed an MoU with IIT Kanpur to develop next-generation telecom technologies?
Answer: Bharat Sanchar Nigam Limited (BSNL).

12. Which technologies are the main focus of the BSNL–IIT Kanpur collaboration?
Answer: Direct-to-Mobile (D2M), indigenous 4G, and advanced spectrum research.

13. Which regulatory body eased bank lending norms for REITs and InvITs?
Answer: Reserve Bank of India (RBI).

14. Which company received SEBI approval to launch its mutual fund business?
Answer: Nuvama Wealth Management Limited.

15. How many artists were selected for the Sangeet Natak Akademi Awards for 2024 and 2025?
Answer: 108 artists.

16. Which Indian-origin scientist received the EMBO Gold Medal 2026?
Answer: Gautam Dey.

17. Which organization approved the acquisition of an additional 2.80% stake in Shriram Life Insurance by a Sanlam entity?
Answer: Competition Commission of India (CCI).

18. Which investment vehicle backed by ADIA announced the sale of a 2.3% stake in Lenskart?
Answer: Platinum Jasmine A 2018 Trust.

19. Which space agency announced the four-member Artemis III crew in June 2026?
Answer: National Aeronautics and Space Administration (NASA).

20. Which Italian astronaut was selected for the Artemis III mission?
Answer: Luca Parmitano.

21. International Day of Play is observed every year on which date?
Answer: 11 June.

22. What is the theme of International Day of Play 2026?
Answer: “Protect Play, Protect Childhood”.

23. World Day Against Child Labour is observed annually on which date?
Answer: 12 June.

24. What is the theme of World Day Against Child Labour 2026?
Answer: “Red card to child labour: Fair play for children, decent work for adults”.