National Daily Current Affairs: 03/09/2026

National Schemes & Policies in News 🏛️

In a significant push for asset monetization and infrastructure, the National Land Monetization Corporation (NLMC) has stepped up to facilitate the e-auction of land parcels belonging to Rashtriya Ispat Nigam Ltd (RINL). This aligns with the government's broader policy of monetizing non-core assets of Central Public Sector Enterprises (CPSEs). Furthermore, the NHAI's coastal corridor project in Odisha is a key component of the PM Gati Shakti National Master Plan, designed to improve multimodal connectivity to major ports like Paradeep.

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Exam-Oriented Current Affairs & Key Facts 📝

• Economy & Finance: PIB released the latest performance data for India’s GDP, reflecting the resilience of the Indian economy amidst global headwinds. The data is traditionally compiled by the National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI).
• Infrastructure: The National Highways Authority of India (NHAI) received a strong response for the Coastal Corridor project connecting Rameshwar to Paradeep in Odisha. This corridor is expected to boost trade and logistics in the eastern region.
• Asset Monetization: 459 land parcels of RINL in Visakhapatnam are scheduled for e-auction via NLMC. RINL, also known as Vizag Steel, is a Navratna CPSE under the Ministry of Steel.
• Governance: Press Information Bureau (PIB) remains the nodal agency for disseminating information on government policies and initiatives to the media.

One-Liner Revision Notes ⚡

• India's GDP performance data has been officially released via PIB.
• NHAI is constructing a major Coastal Corridor from Rameshwar to Paradeep in Odisha.
• NLMC will facilitate the e-auction of 459 land parcels belonging to RINL.
• RINL is headquartered in Visakhapatnam, Andhra Pradesh.
• NLMC operates under the Department of Public Enterprises, Ministry of Finance.
• The Odisha Coastal Corridor aims to improve connectivity to the Paradeep Port.
• National Statistical Office (NSO) is responsible for the calculation of GDP in India.
• PIB serves as the primary interface between the Government of India and the media.

MCQs from Current Affairs ❓

Q1: The Coastal Corridor from Rameshwar to Paradeep, recently in news, is located in which state?

• A) Andhra Pradesh
• B) West Bengal
• C) Odisha
• D) Tamil Nadu

Q2: Which organization is facilitating the e-auction of RINL land parcels in Visakhapatnam?

• A) NITI Aayog
• B) NLMC
• C) SEBI
• D) NHAI

Q3: National Land Monetization Corporation (NLMC) functions under which Ministry?

• A) Ministry of Steel
• B) Ministry of Road Transport and Highways
• C) Ministry of Finance
• D) Ministry of Commerce and Industry

Q4: Rashtriya Ispat Nigam Ltd (RINL) is a Navratna CPSE located in:

• A) Jamshedpur
• B) Bhilai
• C) Visakhapatnam
• D) Rourkela

Q5: Which agency is responsible for compiling India's GDP data?

• A) Reserve Bank of India
• B) National Statistical Office (NSO)
• C) NITI Aayog
• D) Finance Commission