Daily Current Affairs 11 October 2026

• PM Dhan-Dhaanya Krishi Yojana (PM-DDKY) focuses on agricultural development in 100 selected districts across India.
• The Union Cabinet approved the scheme on 16 July 2025; the Prime Minister launched it on 11 October 2025.
• The scheme began in FY 2025–26 and has a six-year duration; its first anniversary falls on 11 October 2026.
• Districts were selected using three indicators: low agricultural productivity, low cropping intensity and low agricultural credit disbursement.
• Selection also considered each State and Union Territory’s share of net sown area and agricultural landholdings; every State has at least one selected district.
• Implementation brings together 11 ministries and departments and converges 36 Central schemes, alongside State schemes and private-sector participation.
• The scheme uses a three-tier structure: district committees prepare and implement plans, State committees review them, and national committees oversee the scheme.
• Each District Action Plan is based on local needs and assessment, with outcome targets, annual milestones and coordinated scheme interventions.
• Progress across the 36 schemes is assessed through 121 indicators: 74 output indicators and 47 outcome indicators; output indicators inform monthly district rankings on the PM-DDKY dashboard.
• All 100 districts had prepared District Action Plans and submitted output-indicator data by August 2026; their average score across six objectives rose from 18.85 in April to 46.89 in August 2026.

Scheme at a glance

Selection and implementation

• The three main selection indicators are low agricultural productivity, low cropping intensity and low agricultural credit disbursement.
• The District Dhan-Dhaanya Krishi Yojana Committee is headed by the District Collector or District Magistrate; the State committee is headed by the Chief Secretary.
• At national level, the National Executive Committee is chaired by the Union Agriculture and Farmers Welfare Minister, while the National Monitoring Committee is chaired by the Secretary, Department of Agriculture and Farmers Welfare.

Progress and farmer engagement

• The PM-DDKY dashboard began operating in the last week of October 2025, and monthly output-indicator rankings began in November 2025.
• The December 2025 PM-DDKY FPO Sangam brought together more than 72 Farmer Producer Organisations from 15 States and 33 scheme districts.

Source: PIB release

• The Reserve Bank of India (RBI) raised the daily minimum maintenance requirement for banks’ Cash Reserve Ratio (CRR) to 99% of the required CRR.
• The revised daily maintenance requirement takes effect on 16 October 2026.
• Banks currently have to maintain 90% of the required CRR on a daily basis, making the new requirement a rise from 90% to 99%.
• The change concerns the proportion of the required CRR maintained daily; it is not a change in the CRR rate itself.
• The RBI made the decision after reviewing liquidity conditions in the banking system.
• Banking-system liquidity was in a surplus of about ₹3.88 lakh crore as of 8 October 2026.
• The stated purpose of the move is to reduce surplus liquidity in the banking system.
• CRR stands for Cash Reserve Ratio; it is a reserve requirement imposed on banks by the RBI.

CRR change

Source: News On AIR report

• The next-generation offshore patrol vessel NGOPV Yard 3040, Shreyas, was launched on 10 October 2026.
• The launch took place at Garden Reach Shipbuilders & Engineers (GRSE) in Kolkata.
• Mrs Raman Kochar performed the launch in the presence of Vice Admiral Ajay Kochhar, Vice Chief of the Naval Staff.
• NGOPVs are being built concurrently at two shipyards: GRSE, Kolkata, and Goa Shipyard Limited (GSL), Goa.
• The vessels are designed and built indigenously for the Indian Navy.
• Their roles include maritime surveillance, search and rescue, and protection of offshore assets.
• They are also intended for humanitarian assistance and disaster relief (HADR) and anti-piracy operations.
• The name Shreyas is derived from Sanskrit and means “best” or “excellent”.
• The launch supports India’s indigenous shipbuilding effort and aligns with the visions of Aatmanirbhar Bharat and Make in India.

Vessel details

Key abbreviations

• NGOPV means Next-Generation Offshore Patrol Vessel.
• HADR means Humanitarian Assistance and Disaster Relief.

Source: PIB release