UPSC CURRENT AFFAIRS – 31 JULY 2026

The current affairs article highlights key issues across governance, economy, environment, security, and history. It explains the causes, impacts, and mitigation of cloudbursts in the Himalayan region, emphasizing climate change and improved disaster preparedness. It discusses the proposal to make Artificial Intelligence India’s next Digital Public Infrastructure through affordable, open-source AI. The report India’s Next …

The Protection & Indemnity (P&I) Insurance Product

Source: PIBSubject: Government Scheme Context: The Department of Financial Services (DFS), Ministry of Finance, launched India’s first sovereign-backed Protection & Indemnity (P&I) insurance product under the Bharat Maritime Insurance Pool (BMIP). he Protection & Indemnity (P&I) Insurance Product About The Protection & Indemnity (P&I) Insurance Product: What It Is? It is India's first sovereign-backed Protection …