Current Affairs 2 & 3 October 2026

CCEA Approved MSP hike for all Rabi crops for 2027-28 season; MSP procurement of pulses and oilseeds in 3 States

 Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister (PM) Narendra Modi, approved the Minimum Support Prices (MSPs) hike for all mandated Rabi crops for the 2027-28 marketing season, carrying a profit margin of 50% to 106% over the all India weighted average cost of production.

MoF Announced the SSS Interest Rates for Q3FY27, Keeping it Unchanged for 14th Consecutive Quarter

On 30th September 2026, the Department of Economic Affairs (DEA) under the Ministry of Finance (MoF) announced that the Small Savings Scheme (SSS) interest rates for 3rd Quarter of Financial Year 2026-27 (Q3FY27), i.e. from October 1,2026 to December 31, 2026, shall remain unchanged from those notified for the Q2FY27 i.e. from July 1, 2026 to September 30, 2026.

Cabinet Approves Delhi’s ITMS Project Worth Rs 1,789 Crore and GEC-III scheme

On September 30 2026, the Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister (PM) Narendra Modi, approved the implementation of the Intelligent Traffic Management System (ITMS) project by the Delhi Police at an estimated cost of Rs 1,789.52 crore (Cr).

  • The Union cabinet has approved the Green Energy Corridor Phase-III (GEC-III) scheme to expand state transmission networks.

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