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Current affairs

Current affairs May 5, 2026 for CUET

5 stories from May 5, 2026, each written from its official release, with the static fact it hangs on and the questions written from it.

WeekMay 2026 in current affairs: eleven stories for CUET

Government Schemes & Policy

Mission for Cotton Productivity: ₹5,659.22 crore to 2030-31

The Mission for Cotton Productivity (₹5,659.22 crore, 2026-31), approved 5 May 2026, aims to lift lint yield from about 440 to 755 kg/ha.

On 5 May 2026 the Union Cabinet approved the Mission for Cotton Productivity for 2026-27 to 2030-31, with ₹5,659.22 crore, to tackle falling yields and quality problems in cotton. It fits the government's '5F' vision: Farm to Fibre to Factory to Fashion to Foreign.

The mission will develop high-yielding, climate-resilient and pest-resistant seeds, spread techniques such as the High Density Planting System, promote extra-long-staple cotton, modernise ginning and strengthen cotton testing. Its first phase covers about 24 lakh hectares in 140 districts of 14 states, and it aims to lift yields from about 440 to 755 kg of lint per hectare by 2031.

Test yourself

Question 1

EasyOriginal question

What is the outlay of the Mission for Cotton Productivity approved in May 2026?

  1. A₹1,718.56 crore
  2. B₹5,659.22 crore
  3. C₹11,440 crore
  4. D₹24,000 crore
Your answer
Show the answer and explanation

Correct answer: B

Explanation

  1. The mission carries ₹5,659.22 crore for 2026-27 to 2030-31.

  2. ₹1,718.56 crore was MSP funding for the Cotton Corporation, approved in March 2026.

Concept
Outlay of the cotton mission
Typical time
40 seconds
Written from
pib.gov.in

Question 2

MediumOriginal question

What does the '5F' vision behind the cotton mission stand for?

  1. AFood, Fodder, Fuel, Fibre, Fertiliser
  2. BFarm, Fibre, Factory, Fashion, Foreign
  3. CFarmer, Finance, Fair price, Freight, Future
  4. DField, Fabric, Factory, Fair, Freedom
Your answer
Show the answer and explanation

Correct answer: B

Explanation

  1. 5F is Farm to Fibre to Factory to Fashion to Foreign — the whole chain from field to export.

  2. It is the textile sector's value chain, so every link is a stage, not a separate goal.

Concept
The 5F vision
Typical time
50 seconds
Written from
pib.gov.in

Question 3

MediumOriginal question

What cotton yield does the Mission for Cotton Productivity aim for by 2031?

  1. A440 kg of lint per hectare
  2. B555 kg of lint per hectare
  3. C755 kg of lint per hectare
  4. D1,000 kg of lint per hectare
Your answer
Show the answer and explanation

Correct answer: C

Explanation

  1. The aim is to raise yields from about 440 to 755 kg of lint per hectare.

  2. 440 kg is roughly where Indian yields stand now.

Concept
Cotton yield target
Typical time
50 seconds
Written from
pib.gov.in

Question 4

HardOriginal question

How large is the first phase of the Mission for Cotton Productivity?

  1. AAll cotton districts of India
  2. BAbout 24 lakh hectares in 140 districts of 14 states
  3. CAbout 14 lakh hectares in 24 districts
  4. D100 districts, one in each cotton state
Your answer
Show the answer and explanation

Correct answer: B

Explanation

  1. The first phase covers about 24 lakh hectares across 140 districts in 14 cotton-growing states.

  2. Around 32 lakh farmers are expected to benefit.

Concept
Coverage of the cotton mission
Typical time
65 seconds
Written from
pib.gov.in
Read the releasePractise this: Government Schemes & Policy

Week →Month →

Economy & Business

ECLGS 5.0: ₹2.55 lakh crore of guaranteed credit

ECLGS 5.0, approved 5 May 2026, targets ₹2.55 lakh crore of guaranteed extra credit to help firms through the West Asia shock.

On 5 May 2026 the Cabinet approved the Emergency Credit Line Guarantee Scheme 5.0, to help businesses through short-term cash shortfalls caused by the West Asia situation. The National Credit Guarantee Trustee Company guarantees 100 per cent of the additional credit for MSMEs and 90 per cent for other firms and airlines, at no fee.

Eligible borrowers may take extra credit of up to 20 per cent of their peak working capital in January–March 2026, capped at ₹100 crore. The scheme targets ₹2.55 lakh crore of additional credit, including ₹5,000 crore for airlines, and runs until 31 March 2027. Earlier editions of ECLGS were launched in 2020 for the COVID-19 shock.

Test yourself

Question 1

MediumOriginal question

How much additional credit does ECLGS 5.0 aim to make possible?

  1. A₹3 lakh crore
  2. B₹5,000 crore
  3. C₹100 crore
  4. D₹2.55 lakh crore
Your answer
Show the answer and explanation

Correct answer: D

Explanation

  1. The scheme targets ₹2.55 lakh crore of additional credit, ₹5,000 crore of it for airlines.

  2. ₹100 crore is the cap per ordinary borrower, and ₹3 lakh crore was the first ECLGS of 2020.

Concept
Size of ECLGS 5.0
Typical time
50 seconds
Written from
pib.gov.in

Question 2

MediumOriginal question

Under ECLGS 5.0, what share of an MSME's additional credit is guaranteed?

  1. A20 per cent
  2. B75 per cent
  3. C90 per cent
  4. D100 per cent
Your answer
Show the answer and explanation

Correct answer: D

Explanation

  1. MSMEs get a 100 per cent guarantee; non-MSMEs and airlines get 90 per cent.

  2. 20 per cent is the limit on extra credit as a share of peak working capital.

Concept
Guarantee under ECLGS 5.0
Typical time
50 seconds
Written from
pib.gov.in

Question 3

HardOriginal question

Which body provides the guarantees under ECLGS 5.0?

  1. ANational Credit Guarantee Trustee Company Limited
  2. BThe Reserve Bank of India
  3. CSIDBI
  4. DThe Deposit Insurance and Credit Guarantee Corporation
Your answer
Show the answer and explanation

Correct answer: A

Explanation

  1. NCGTC gives the guarantees to member lending institutions.

  2. DICGC insures bank deposits, a different job.

Concept
Guarantor under ECLGS
Typical time
65 seconds
Written from
pib.gov.in
Read the releasePractise this: Economy & Business

Week →Month →

National

Supreme Court judge strength to rise from 33 to 37

On 5 May 2026 the Cabinet cleared a Bill to raise the Supreme Court's judges from 33 to 37, besides the Chief Justice.

On 5 May 2026 the Cabinet approved introducing the Supreme Court (Number of Judges) Amendment Bill, 2026, to raise the number of Supreme Court judges by four, from 33 to 37, excluding the Chief Justice of India. The Constitution's Article 124(1) began with a Chief Justice and seven other judges and left Parliament to raise the number by law; the Supreme Court (Number of Judges) Act, 1956 first set it at 10.

Test yourself

Question 1

EasyOriginal question

To how many judges, excluding the Chief Justice, did the Cabinet propose raising the Supreme Court's strength in May 2026?

  1. A33
  2. B34
  3. C37
  4. D41
Your answer
Show the answer and explanation

Correct answer: C

Explanation

  1. The Bill raises the number from 33 to 37, excluding the Chief Justice of India.

  2. With the Chief Justice, the full court would be 38.

Concept
Supreme Court judge strength
Typical time
40 seconds
Written from
pib.gov.in

Question 2

MediumOriginal question

Which Article of the Constitution provides for the Supreme Court and lets Parliament raise the number of its judges by law?

  1. AArticle 214
  2. BArticle 32
  3. CArticle 124
  4. DArticle 368
Your answer
Show the answer and explanation

Correct answer: C

Explanation

  1. Article 124(1) set up the Supreme Court with a Chief Justice and seven other judges, until Parliament prescribes more.

  2. Article 214 provides for High Courts, and 368 for amending the Constitution.

Concept
Article 124
Typical time
50 seconds
Written from
pib.gov.in

Question 3

HardOriginal question

The Bill approved in May 2026 amends which Act to raise the number of Supreme Court judges?

  1. AThe Supreme Court (Number of Judges) Act, 1956
  2. BThe Judges (Inquiry) Act, 1968
  3. CThe Supreme Court Judges (Salaries and Conditions of Service) Act, 1958
  4. DThe Constitution (Ninety-ninth Amendment) Act, 2014
Your answer
Show the answer and explanation

Correct answer: A

Explanation

  1. The Supreme Court (Number of Judges) Act, 1956 fixes the number, and this Bill amends it.

  2. The 1956 Act first set the number at 10, later raised to 13, 17, 25, 30 and 33.

Concept
Supreme Court (Number of Judges) Act
Typical time
65 seconds
Written from
pib.gov.in
Read the releasePractise this: National

Week →Month →

Economy & Business

Sugarcane FRP for 2026-27: ₹365 a quintal

The sugarcane FRP for 2026-27 was fixed at ₹365 a quintal on 5 May 2026, for a 10.25% basic recovery rate.

On 5 May 2026 the Cabinet Committee on Economic Affairs fixed the Fair and Remunerative Price of sugarcane for the 2026-27 sugar season (October to September) at ₹365 a quintal for a basic recovery rate of 10.25 per cent, 2.81 per cent above 2025-26 and 100.5 per cent above the production cost of ₹182. Mills with recovery below 9.5 per cent pay ₹338.3. The FRP is set on the recommendation of the Commission for Agricultural Costs and Prices.

Test yourself

Question 1

EasyOriginal question

What Fair and Remunerative Price of sugarcane was fixed for the 2026-27 season?

  1. A₹182 a quintal
  2. B₹338.3 a quintal
  3. C₹355 a quintal
  4. D₹365 a quintal
Your answer
Show the answer and explanation

Correct answer: D

Explanation

  1. The FRP for 2026-27 is ₹365 a quintal at 10.25 per cent recovery.

  2. ₹338.3 applies below 9.5 per cent recovery, and ₹182 is the cost of production.

Concept
Sugarcane FRP 2026-27
Typical time
40 seconds
Written from
pib.gov.in

Question 2

MediumOriginal question

On whose recommendation is the Fair and Remunerative Price of sugarcane fixed?

  1. AThe Food Corporation of India
  2. BThe Commission for Agricultural Costs and Prices
  3. CNITI Aayog
  4. DThe Reserve Bank of India
Your answer
Show the answer and explanation

Correct answer: B

Explanation

  1. The CACP recommends the FRP, after which the Centre consults the states.

  2. The same commission recommends MSPs for other crops.

Concept
Who recommends FRP
Typical time
50 seconds
Written from
pib.gov.in

Question 3

HardOriginal question

The FRP of ₹365 a quintal for 2026-27 is fixed for what basic recovery rate?

  1. A9.5 per cent
  2. B10.0 per cent
  3. C10.25 per cent
  4. D11.25 per cent
Your answer
Show the answer and explanation

Correct answer: C

Explanation

  1. The basic recovery rate is 10.25 per cent, with ₹3.56 added for each 0.1 point above it.

  2. Below 9.5 per cent there is no further deduction; farmers get ₹338.3.

Concept
FRP recovery rate
Typical time
65 seconds
Written from
pib.gov.in
Read the releasePractise this: Economy & Business

Week →Month →

Science & Space

India's first commercial GaN Mini/Micro-LED display unit

On 5 May 2026 the Cabinet cleared India's first commercial GaN Mini/Micro-LED display unit, at Dholera, and an OSAT unit in Surat.

On 5 May 2026 the Cabinet approved two more projects under the India Semiconductor Mission, both in Gujarat, worth about ₹3,936 crore. Crystal Matrix Limited will build the country's first commercial Mini/Micro-LED display facility based on gallium nitride (GaN) technology at Dholera, and Suchi Semicon will set up an assembly and test (OSAT) unit in Surat for discrete semiconductors.

Test yourself

Question 1

MediumOriginal question

The country's first commercial Mini/Micro-LED display facility, approved in May 2026, is based on which compound semiconductor?

  1. ASilicon carbide
  2. BGallium arsenide
  3. CIndium phosphide
  4. DGallium nitride
Your answer
Show the answer and explanation

Correct answer: D

Explanation

  1. The Crystal Matrix facility at Dholera uses GaN (gallium nitride) technology.

  2. It will also offer GaN foundry services on 6-inch wafers.

Concept
GaN display unit
Typical time
50 seconds
Written from
pib.gov.in

Question 2

EasyOriginal question

In which state are both semiconductor projects approved in May 2026 located?

  1. AGujarat
  2. BAssam
  3. CUttar Pradesh
  4. DOdisha
Your answer
Show the answer and explanation

Correct answer: A

Explanation

  1. Both are in Gujarat: one at Dholera and one at Surat.

  2. They are under the India Semiconductor Mission.

Concept
Semiconductor projects, May 2026
Typical time
40 seconds
Written from
pib.gov.in
Read the releasePractise this: Science & Space

Week →Month →

Every item on this page, and the document it came from

Sources on this page · Last verified:

  1. Cabinet approves "Mission for Cotton Productivity" with Rs.5659.22 crore Outlay — Press Information Bureau, Cabinet
  2. Cabinet approves Emergency Credit Line Guarantee Scheme 5.0 — Press Information Bureau, Cabinet
  3. Cabinet approves increase in the Judge strength of the Supreme Court of India by Four to 37 from 33 — Press Information Bureau, Ministry of Law and Justice
  4. Cabinet approves Fair and Remunerative Price of Rs.365/qtl for Sugarcane Farmers for season 2026-27 — Press Information Bureau, Ministry of Consumer Affairs, Food and Public Distribution
  5. Cabinet approves two more semiconductor manufacturing units with cumulative investment of more than Rs. 3,900 crore — Press Information Bureau, Ministry of Electronics and Information Technology