[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-318884-105":3,"detail-sidebar-cat-0-en-105":80,"doc-detail-318884-en":130},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":73,"head_meta":75,"extra_data":77,"updated_unix":79},105,"en","lead-ias-daily-bulletin-1-may","Lead IAS Daily Bulletin-1 May","","01 May 2026 Lead IAS Daily Bulletin covers key current-affairs topics across public finance, wildlife conservation, international governance, and historical immigration disputes. It explains revenue deficit and related budget deficit concepts with formulas, reports the deaths of a tigress and cubs in Kanha Tiger Reserve with conservation context, summarizes the UN Secretary-General selection framework, and recalls the Komagata Maru incident’s anti-Indian immigration rationale. It also notes Vietnam–India diplomatic engagement and basic geography, followed by practice questions.",{"@graph":14,"@context":72},[15,34,55],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/research-report/","Research & Report",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/document/lead-ias-daily-bulletin-1-may/318884/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/lead-ias-daily-bulletin-1-may/318884.png","ImageObject",300,407,{"name":42,"@type":43},"Oliver","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-11-04","2026-09-20",true,{"@type":52,"interactionType":53,"userInteractionCount":33},"InteractionCounter",{"@type":54},"ViewAction",{"@type":56,"mainEntity":57},"FAQPage",[58,64,68],{"name":59,"@type":60,"acceptedAnswer":61},"What is revenue deficit and how is it calculated?","Question",{"text":62,"@type":63},"Revenue deficit occurs when revenue expenditure exceeds revenue receipts. Formula: Revenue Deficit = Revenue Expenditure − Revenue Receipts.","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"What incident occurred in Kanha Tiger Reserve and why is it significant?",{"text":67,"@type":63},"A tigress and four cubs died in Kanha Tiger Reserve, raising concerns about wildlife health and conservation management.",{"name":69,"@type":60,"acceptedAnswer":70},"How are candidates for the next UN Secretary-General selected?",{"text":71,"@type":63},"The UN Charter says the Secretary-General is appointed by the General Assembly on the recommendation of the Security Council, following an evaluation process where candidates present their visions.","https://schema.org",{"og:url":32,"og:type":74,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":76,"canonical":32},"index,follow",{"doc_id":78,"site_id":7},318884,1792219944,{"code":4,"msg":81,"data":82},"success",[83,87,91,95,100,105,110,114,119,122,126],{"id":22,"doc_module":4,"doc_module_name":25,"category_name":84,"show_sort_weight":85,"slug":86},"Story & Novel",90,"story-novel",{"id":26,"doc_module":4,"doc_module_name":25,"category_name":88,"show_sort_weight":89,"slug":90},"Literature",80,"literature",{"id":33,"doc_module":4,"doc_module_name":25,"category_name":92,"show_sort_weight":93,"slug":94},"Exam",70,"exam",{"id":96,"doc_module":4,"doc_module_name":25,"category_name":97,"show_sort_weight":98,"slug":99},5,"Comic",60,"comic",{"id":101,"doc_module":4,"doc_module_name":25,"category_name":102,"show_sort_weight":103,"slug":104},6,"Technology",50,"technology",{"id":106,"doc_module":4,"doc_module_name":25,"category_name":107,"show_sort_weight":108,"slug":109},7,"Healthcare",40,"healthcare",{"id":111,"doc_module":4,"doc_module_name":25,"category_name":29,"show_sort_weight":112,"slug":113},8,30,"research-report",{"id":115,"doc_module":4,"doc_module_name":25,"category_name":116,"show_sort_weight":117,"slug":118},9,"Religion & Spirituality",20,"religion-spirituality",{"id":117,"doc_module":4,"doc_module_name":25,"category_name":120,"show_sort_weight":117,"slug":121},"World Cup","world-cup",{"id":123,"doc_module":4,"doc_module_name":25,"category_name":124,"show_sort_weight":123,"slug":125},10,"Lifestyle","lifestyle",{"id":127,"doc_module":4,"doc_module_name":25,"category_name":128,"show_sort_weight":96,"slug":129},19,"General","general",{"code":4,"msg":81,"data":131},{"doc_id":78,"user_id":132,"nickname":42,"user_avatar":133,"doc_module":4,"category_id":111,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":33,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":96,"language":139,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":12,"update_tm":143,"read_time":144,"preview_page_count":4},8796095461610,"https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c","01 May 2026  \nRevenue Deficit  \nThe Union Finance Ministry has warned that persistent revenue deficits and rising debt levels may push several States into fiscal stress.  \no Revenue Deficit is the excess of a government’s revenue expenditure over its revenue receipts, indicating insufficient income to meet day-to-day expenses.  \no Formula: Revenue Deficit = Revenue Expenditure − Revenue Receipts.  \no Implication: It reflects poor fiscal health, as the government may need to borrow even for routine expenses.  \no Other Budgetary Deficit:  \no Fiscal Deficit: It is the difference between the government’s total expenditure and its total receipts, excluding borrowings.  \no Fiscal Deficit = Total Expenditure- (Revenue Receipts + non-debt creating capital receipts) .  \no Primary Deficit: It is the gap between government expenditure and receipts excluding interest payments on loans from previous years.  \no Primary Deficit= Fiscal Deficit - Net Interest Payments.  \no Effective revenue deficit: It is the difference between the revenue deficit and grants-in-aid given by the Central Government to state governments/UTs for creating capital assets.  \no Effective Revenue Deficit = Revenue Deficit Grants in aid for the creation of capital assets.  \nKanha Tiger Reserve  \nA tigress and four cubs died in Kanha Tiger Reserve, raising concerns over wildlife health and conservation management.  \no Kanha Tiger Reserve is located in the Maikal range of the Satpura Hills in Madhya Pradesh.  \no Location: It stretches over an area of 940 square km in the two districts - Mandla and Balaghat - of Madhya Pradesh.  \no Established: 1955 (National Park), Tiger Reserve in 1973  \no Fauna: Home to Royal Bengal tigers, leopards, sloth bears, Indian wild dogs (dholes), and the rare Hard Ground Barasingha.  \no Conservation Mascot: Kanha was the first in India to officially introduce a mascot, \"Bhoorsingh the Barasingha\".  \nUN Security General  \nAn article highlights that the selection process for the next Secretary-General of the United Nations is underway, with candidates presenting their visions and undergoing evaluation by member states.  \no The UN Charter defines the Secretary-General as the UN’s Chief Administrative Officer, who oversees the work of the UN Secretariat and fulfils “any other functions and duties entrusted” to him or her by the organisation’s principal organs, including the General Assembly, the Security Council, and the Economic and Social Council.  \no Process of Selection: The UN Charter states that the Secretary-General is appointed by the General Assembly on the recommendation of the Security Council.  \nKomagata Maru Incident  \nSinger Diljit Dosanjh highlighted the Komagata Maru incident during his appearance on The Tonight Show Starring Jimmy Fallon.  \no The Komagata Maru incident was an immigration dispute in which passengers aboard the Japanese steamship Komagata Maru were denied entry in Vancouver, British Columbia, Canada, in 1914.  \no Incident: On return, clash with British authorities at Budge Budge (Calcutta) leads to deaths & arrests.  \no Reason: Racist immigration law - Continuous Journey Regulation aimed at excluding Indians.  \no Key leaders: Gurdit Singh (organised the voyage) and Baba Sohan Singh Bhakna (associated with Ghadar movement support) .  \no Significance: The incident acted as a major catalyst for the Ghadar Movement, exposing racial discrimination within the British Empire and radicalizing Indian nationalists abroad.  \nVietnam  \nVietnam’s President To Lam is visiting India next week to strengthen bilateral ties across trade, defence, and strategic cooperation.  \no Vietnam is a country occupying the eastern portion of mainland Southeast Asia.  \n01 May 2026  \no Bordering Countries: China, Laos and Cambodia.  \no Maritime border: South China Sea  \no Cities: Hanoi is the political capital, while Ho Chi Minh City (formerly Saigon) is the largest city and economic hub.  \no Geographical Feature: Two major river deltas: Red Rive","cbCaivW2rP4dZWUY","https://ap.wps.com/l/cbCaivW2rP4dZWUY","pdf",453833,"English","# Revenue Deficit\n# Kanha Tiger Reserve\n# UN Security General\n# Komagata Maru Incident\n# Vietnam\n# Practice Questions","[{\"question\":\"What is revenue deficit and how is it calculated?\",\"answer\":\"Revenue deficit occurs when revenue expenditure exceeds revenue receipts. Formula: Revenue Deficit = Revenue Expenditure − Revenue Receipts.\"},{\"question\":\"What incident occurred in Kanha Tiger Reserve and why is it significant?\",\"answer\":\"A tigress and four cubs died in Kanha Tiger Reserve, raising concerns about wildlife health and conservation management.\"},{\"question\":\"How are candidates for the next UN Secretary-General selected?\",\"answer\":\"The UN Charter says the Secretary-General is appointed by the General Assembly on the recommendation of the Security Council, following an evaluation process where candidates present their visions.\"}]","Lead IAS Daily Bulletin-1 May | PDF",1789941430,13]