Current Affairs 08 June 2026

India Aims for $30 Billion in Seafood Exports by 2031.

• India aims to reach $30 billion in seafood exports by 2031, up from about $8.5 billion currently.
• The announcement was made at a national workshop on seafood exports in Visakhapatnam on 5 June 2026.
• India recorded seafood exports of ₹73,890 crore (2025–26) with 19.72 lakh metric tonnes in volume.
• Frozen shrimp remains the key export product.
• Major export markets include the USA and China.
• India has expanded market access through nine free trade agreements in the last 3.5 years.
• The Department of Fisheries will set up a new regional office in Andhra Pradesh to boost the sector.

Google Enters $920 Million Monthly Computing Agreement With SpaceX.

• Google signed a Cloud Service Agreement with SpaceX on 5 June 2026.
• The deal is valued at $920 million per month and runs from October 2026 to June 2029.
• It provides large-scale computing capacity using around 110,000 NVIDIA GPUs and related infrastructure.
• The infrastructure will support Google’s AI platform (Gemini Enterprise).
• The agreement includes a termination option after 31 December 2026 with 90 days’ notice.
• SpaceX also has major parallel cloud deals, including with other AI companies, making it a key global compute provider.

Panchayat Advancement Index Wins Gold at National Awards for e-Governance 2026.

• The Ministry of Panchayati Raj’s Panchayat Advancement Index (PAI) won the Gold Award at the National Awards for e-Governance 2026.
• It was recognised under digital transformation using data analytics category.
• The award highlights PAI 2.0, which evaluates over 2.6 lakh Gram Panchayats using a data-driven framework.
• The index is based on multiple indicators and assesses rural governance performance across key development themes.
• The award includes a trophy, citation, and ₹10 lakh cash prize.

Recognition for Chhattisgarh’s M-CAD Initiative on Irrigation Efficiency.

• The Ministry of Jal Shakti commended Chhattisgarh’s M-CAD (Modernisation of Command Area Development and Water Management) initiative on 6 June 2026.
• The model was recommended for adoption by all States and Union Territories to improve irrigation efficiency.
• The initiative aims to enhance water-use efficiency, scientific water management, and irrigation capacity expansion.
• It was implemented using state-owned resources, without external funding support.

UPERC Approves Electricity Purchase From Tata Power’s Bhutan Hydro Project.

• The Uttar Pradesh Electricity Regulatory Commission approved electricity procurement from the 511 MW Khorluchu Hydro Power Project in Bhutan on 6 June 2026.
• Power will be supplied at a flat tariff of ₹6.75 per unit under a 30-year agreement.
• The project is a joint venture between Druk Green Power Corporation (60%) and Tata Power (40%).
• The broader hydropower development plan aims for 1,125 MW capacity in Bhutan with an investment of about ₹6,900 crore.