Current Affairs

Current Affairs — 15 February 2026

15 February 2026

Union Cabinet Approves New Urban Challenge Fund to Leverage Private Investment for Infrastructure

The Union Cabinet has launched the Urban Challenge Fund (UCF), a new Centrally Sponsored Scheme under the Ministry of Housing and Urban Affairs. With a central assistance of ₹1 lakh crore, it aims to leverage private participation for a total investment of ₹4 lakh crore over the next five years (2025-26 to 2030-31). The fund targets cities with a population of 10 lakh or more, state capitals, and smaller urban local bodies in specific regions. It employs a 'challenge mode' to support transformative projects, requiring cities to raise at least 50% of costs from the market through bonds or loans.

  • The scheme shifts urban development from grant-based to market-linked, reform-driven infrastructure creation.
  • Central assistance covers 25% of the project cost, provided the city raises 50% from the market.
  • A dedicated ₹5,000 crore corpus will enhance the creditworthiness of 4,223 cities to facilitate market finance access.
Exam Points
  • Central assistance: ₹1 lakh crore; Total expected investment: ₹4 lakh crore.
  • Operational period: 2025-26 to 2030-31 (extendable to 2033-34).
  • Nodal Ministry: Ministry of Housing and Urban Affairs (MoHUA).
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Supreme Court to Hear Plea Challenging DPDP Act for Weakening Right to Information

The Supreme Court is set to hear a petition challenging Section 44(3) of the Digital Personal Data Protection (DPDP) Act, 2023. The petitioner argues that this section amends Section 8(1)(j) of the RTI Act, allowing public authorities to blankly refuse information by categorizing it as 'personal nature.' Critics claim this 'weaponises' the right to privacy to 'disarm' the citizens' right to seek information from the state. The petition contends that this removes the balancing mechanism where public interest could outweigh privacy concerns, potentially leading to a lack of transparency in governance and protecting public functionaries from scrutiny.

  • Section 44(3) of the DPDP Act 2023 amends the RTI Act to expand the scope of personal information exemptions.
  • The petition argues that privacy is being used to protect the state and public functionaries rather than ordinary citizens.
  • It claims the amendment violates Article 19 (Right to Free Speech) and Article 14 (Right to Equality).
Exam Points
  • Relevant Law: Digital Personal Data Protection (DPDP) Act of 2023.
  • Specific Section: Section 44(3) which amends Section 8(1)(j) of the RTI Act.
  • Constitutional Articles cited: Article 14 and Article 19.
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Finance Minister Stresses 'Polluter Pays' Principle and Differentiated Responsibility at Munich Security Conference

Speaking at the Munich Security Conference, Finance Minister Nirmala Sitharaman advocated for the 'polluter pays' principle to mitigate climate change. She called for 'differentiated responsibility' among nations, emphasizing that advanced economies with historical emissions must contribute more to climate funding. Sitharaman highlighted that countries with lower emissions should not be forced to pay equally. She also urged for strong technological cooperation on a commercial basis and stressed the importance of resilience and adaptation alongside emissions control. The Minister noted India's increased GDP spending on climate action despite global challenges and the withdrawal of some nations from climate agreements.

  • The 'polluter pays' principle suggests that those who produce pollution should bear the costs of managing it.
  • Differentiated responsibility acknowledges that developed nations have a greater historical role in global warming.
  • India is focusing on both emissions control and resilience/adaptation to protect human lives and livestock.
Exam Points
  • Event: Munich Security Conference.
  • Green India mission funding increase: from ₹95.7 crore (2025-26) to ₹212.5 crore (2026-27).
  • Pollution control allocation for 2026-27: ₹212.5 crore.
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PM Modi Inaugurates Six-Lane Kumar Bhaskar Varma Setu Over Brahmaputra River in Assam

Prime Minister Narendra Modi inaugurated the Kumar Bhaskar Varma Setu, a six-lane extra-dosed prestressed concrete bridge over the Brahmaputra river in Assam. The ₹3,030-crore bridge connects Guwahati and North Guwahati, reducing travel time from 90 minutes to just seven minutes. The bridge is notable for incorporating advanced base-isolation technology using friction pendulum bearings to minimize damage in this highly seismic zone. The PM emphasized that the central government has significantly increased budget allocations for Assam's development to enhance regional security and economic opportunities, noting that ₹5.5 lakh crore has been provided for development projects over 11 years.

  • The Kumar Bhaskar Varma Setu is a major infrastructure project aimed at improving connectivity in the Northeast.
  • It uses advanced seismic technology, including friction pendulum bearings and high-performance stay cables.
  • The bridge is expected to drastically reduce travel time across the Brahmaputra river, facilitating trade and movement.
Exam Points
  • Bridge Name: Kumar Bhaskar Varma Setu.
  • Cost: ₹3,030 crore.
  • Technology: Base-isolation technology with friction pendulum bearings.
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India to Host AI Impact Summit Expecting 15 Tangible Outcomes on Governance and Ethics

The Indian government is set to host the AI Impact Summit in New Delhi, aiming for at least 15 tangible outcomes and deliverables. The summit will see participation from over 100 countries, including heads of state from Brazil, France, and Spain. A key confirmed outcome is India's entry into the US-led Pax Silica initiative, an alliance focused on building a resilient electronics supply chain. The event aims to move beyond discussion to create international bodies for AI governance, similar to the International Solar Alliance, and will feature India's AI Safety Institute (AISI) as a central research body.

  • The summit focuses on 'tangible outcomes' rather than just being a platform for theoretical AI discussion.
  • India's AI Safety Institute (AISI) is part of a global trend of creating research bodies for AI safety and ethics.
  • The Pax Silica initiative is a strategic alliance aimed at securing the global electronics and semiconductor supply chain.
Exam Points
  • Event: AI Impact Summit 2026.
  • Location: Bharat Mandapam, New Delhi.
  • Key Initiative: Pax Silica (US-led electronics supply chain alliance).
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Assam’s Tea Gardens Utilize Bamboo Feedstock for India's First Commercial-Scale 2G Bioethanol Plant

Assam's tea estates are dedicating up to 5% of their land to bamboo cultivation to supply the world's first commercial-scale 2G bioethanol plant in Numaligarh. The ₹4,930-crore plant, established by Assam Bio Ethanol Private Limited (ABEPL), uses bamboo as a sustainable, non-food feedstock. This initiative helps tea growers diversify their income during tough economic phases caused by climate change and labor shortages. The 2G (second-generation) ethanol process is more sustainable than 1G as it uses non-food biomass, leaving a lower carbon footprint and ensuring food security by not competing with food crops.

  • The Numaligarh plant is a joint venture involving Numaligarh Refinery Limited (NRL) and Finnish companies Chempolis Oy and Fortum.
  • Bamboo is chosen as feedstock because it is a fast-growing grass that doesn't compete with food crops.
  • The plant requires 5 lakh metric tonnes of green bamboo annually to produce 49,000 metric tonnes of ethanol.
Exam Points
  • Plant Location: Numaligarh, Assam.
  • Company: Assam Bio Ethanol Private Limited (ABEPL).
  • Feedstock: Bamboo (2G Ethanol).
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Study Reveals Rising Water Flows in Indus Basin While Ganga Basin Faces Sharp Decline

A study published in 'Earth’s Future' shows that the Indus and Ganga river systems are moving in opposite hydrological directions. Between 1980 and 2021, annual streamflow in the Indus basin rose by 8%, primarily due to increased precipitation from western disturbances. Conversely, the Ganga basin saw a 17% reduction in flow. The decline in the Ganga is largely attributed to intensive groundwater pumping for irrigation, which has reversed the natural flow between aquifers and rivers in some stretches. This has significant implications for water security and requires coordinated groundwater regulation under the Indus Waters Treaty framework.

  • Indus basin flow increase is linked to variable monsoon contributions and western disturbances affecting the main river and tributaries.
  • Ganga basin decline is driven by 60% to 80% groundwater extraction, particularly during weak monsoon years.
  • The study utilized a high-resolution, physics-based hydrological model linking rainfall, groundwater, and irrigation.
Exam Points
  • Study Publication: 'Earth’s Future' (American Geophysical Union).
  • Indus flow change: +8%; Ganga flow change: -17% (1980-2021).
  • Key Treaty: Indus Waters Treaty (1960).
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Analysis of the Evolving U.S.-India Interim Trade Agreement and its Impact on Agriculture and Textiles

The Interim Agreement between India and the U.S. is undergoing scrutiny regarding tariff reductions and specific sector impacts. The U.S. has agreed to reduce reciprocal tariffs to 18% on Indian imports, benefiting the textile sector. However, controversy exists over whether India agreed to stop buying Russian oil, a claim the Indian government categorically denies. In agriculture, India has agreed to eliminate tariffs on various U.S. products like nuts and processed fruits, while maintaining that sensitive items like dairy and pulses remain protected. The deal also includes a 'buy American' intention involving $500 billion worth of goods over five years.

  • The deal aims for a reciprocal tariff of 18%, down from the existing 25% on certain goods like textiles.
  • India's textile sector is a major beneficiary, especially with new clauses regarding cotton sourcing and duty-free access.
  • The 'buy American' intention involves India potentially purchasing $500 billion worth of U.S. goods in energy, tech, and aircraft.
Exam Points
  • Proposed reciprocal tariff: 18%.
  • Targeted U.S. import value: $500 billion over five years.
  • Key sectors involved: Agriculture (nuts, fruits), Textiles, Energy, Technology.
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