Banking and RBI
RBI Deputy Governor S.C. Murmu on collaborative cash ecosystems at Bank Indonesia forum
13 August 2026 (published 18 August) | Reserve Bank of India
The RBI published a keynote by Deputy Governor Shirish Chandra Murmu, delivered on 13 August 2026 in Jakarta at the Focus Group Discussion on Global Cash Management, 2026, organised by Bank Indonesia.
He said that despite revolutionary adoption of digital payments in India, cash in circulation has not declined, especially in rural and semi-urban areas, among low-income groups, older populations and small businesses.
Key facts- Speaker: Deputy Governor Shirish Chandra Murmu
- Forum: Focus Group Discussion on Global Cash Management, 2026
- Host: Bank Indonesia, Jakarta
- Delivered: 13 August 2026
Exam takeaway: Currency management is a core function of central banks.
Quick revision: RBI DG Murmu keynote on cash ecosystems (RBI, 18 August 2026).
Reserve Bank of India original sourceGovernment Schemes
Cabinet-approved Incentive Scheme for Promotion of Domestic PNG Connections, effective 1 September 2026
18 August 2026 | Press Information Bureau
PIB said the Government approved an Incentive Scheme for Promotion of Domestic PNG Connections, effective 1 September 2026, to fast-track the expansion of active piped natural gas connections in households.
There are currently 1.74 crore domestic PNG connections. The scheme incentivises City Gas Distribution (CGD) companies to convert unbilled connections into working connections and expand the PNG network to new areas.
Key facts- Scheme: Incentive Scheme for Promotion of Domestic PNG Connections
- Effective from: 1 September 2026
- Current domestic PNG connections: 1.74 crore
- Incentivises: City Gas Distribution companies
Exam takeaway: PNG means Piped Natural Gas.
Quick revision: Domestic PNG incentive scheme (PIB, 18 August 2026).
Press Information Bureau original sourceGovernment Schemes
SEMICON India 2026 to be held at Yashobhoomi, New Delhi on 17 to 19 September
18 August 2026 (announcement) | Press Information Bureau
PIB announced that the fifth edition of SEMICON India will be held at Yashobhoomi (India International Convention and Expo Centre), New Delhi, from 17 to 19 September 2026, to be inaugurated by the Prime Minister on 17 September. The event has not yet taken place.
PIB said 12 projects have been approved under Semicon 1.0 and that the Union Cabinet has approved the next phase, Semicon 2.0, under the India Semiconductor Mission.
Key facts- Edition: fifth SEMICON India
- Dates (scheduled): 17 to 19 September 2026
- Venue: Yashobhoomi, New Delhi
- Projects approved under Semicon 1.0: 12
Exam takeaway: This is a scheduled event, not a completed one.
Quick revision: SEMICON India 2026 scheduled for 17 to 19 September (PIB, 18 August 2026).
Press Information Bureau original source