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Current affairsMission Samriddh Gaon: Shivraj Singh Chouhan's Convergence Model for Poverty-Free, Employment-Rich VillagesUnion Rural Development and Agriculture Minister Shivraj Singh Chouhan launched Mission Samriddh Gaon to develop "poverty-free, employment-rich villages" through the convergence of multiple government schemes, with pilot projects in two Madhya Pradesh blocks — Budni (Sehore district) and Khategaon (Dewas district) — to be scaled nationally upon success. Current affairsSupreme Court Nine-Judge Bench Redefines 'Industry' Under IDA 1947: BWSSB Test Refined, Industrial Relations Code Kept OpenOn 20 August 2026, a nine-judge Constitution Bench of the Supreme Court of India, led by Chief Justice Surya Kant, refined the 48-year-old "triple test" from BWSSB v. A. Rajappa (1978) for defining "industry" under Section 2(j) of the Industrial Disputes Act, 1947 — adding a "discernible commercial character" requirement — while expressly declining to interpret the parallel definition under the Industrial Relations Code, 2020. Current affairsMSME Development (Amendment) Bill, 2026: Free Registration, TReDS Mandate for CPSEs, and Faster Dispute ResolutionParliament passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, during the Monsoon Session — Rajya Sabha on August 3 and Lok Sabha on August 7, 2026. The Bill mandates free, voluntary MSME registration on a national digital platform, requires Central Public Sector Enterprises to clear MSME invoices via TReDS, establishes strict timelines for mediation and arbitration of delayed-payment disputes, and decriminalises several violations. Current affairs12th National Handloom Day 2026: President Honours 22 Weavers at Rashtrapati BhavanIndia observed the 12th National Handloom Day on August 7, 2026, at the Rashtrapati Bhavan Cultural Centre (RBCC) in New Delhi. President Droupadi Murmu was the Chief Guest and honoured 22 weavers at the national function. The day commemorates the Swadeshi Movement launched on August 7, 1905 at Calcutta Town Hall and recognises the contribution of over 35.22 lakh handloom weavers and allied workers, more than 72% of whom are women.

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