Current Affairs

Current Affairs — 1 April 2026

1 April 2026

India can comfortably cater to PNG demand: govt.

India possesses sufficient domestic natural gas production to comfortably meet the demand for up to 30 crore domestic piped natural gas (PNG) connections, even if it relies solely on its own liquefied natural gas (LNG) output. Anjan Kumar Mishra, Secretary at the Petroleum and Natural Gas Regulatory Board, stated that the government aims to significantly increase daily PNG connections. Amid escalating tensions in West Asia affecting LPG supplies, the government is instituting mechanisms for an accelerated and incentivized transition to piped gas to ease pressure on LPG. India currently has 1.1-1.2 crore active domestic PNG connections, consuming 3 million metric standard cubic meters of natural gas daily. The Ministry of Petroleum and Natural Gas has introduced norms to accelerate PNG uptake and transition.

  • India's domestic natural gas production is sufficient to cater to 30 crore PNG connections, even without relying on imports.
  • The government is actively working to increase the daily addition of PNG connections, aiming for 20,000 per day.
  • Escalating tensions in West Asia have impacted LPG supplies, prompting a push for accelerated transition to piped gas.
Exam Points
  • India's current domestic natural gas production: 90 million metric standard cubic meters per day.
  • Current active domestic PNG connections: 1.1-1.2 crore.
  • Target for daily new connections: 20,000 (currently 8,000-9,000).
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Unexpected surge: IIP diverges from core industries data in February 2026

India's industrial growth showed an unexpected positive surprise in February 2026, reaching 5.2%, making it the best performance in nearly two years, despite the Index of Eight Core Industries (IIP) slowing to 2.3%. This divergence suggests strong performance from sectors outside the core industries. Manufacturing sector growth accelerated to 6%, and capital goods sector growth hit a 28-month high of 12.5%. However, consumer non-durables contracted for the second consecutive month, indicating low consumer sentiment, which correlates with shrinking household expenditure's contribution to GDP. The article notes that the West Asia crisis and early March indicators point to a moderation in economic momentum.

  • India's industrial growth in February 2026 was a surprising 5.2%, the best in nearly two years.
  • The Index of Eight Core Industries' growth slowed to 2.3%, indicating that non-core sectors performed well.
  • Manufacturing sector growth accelerated to 6%, and capital goods sector growth reached a 28-month high of 12.5%.
Exam Points
  • February 2026 IIP growth: 5.2%.
  • Eight Core Sectors: crude oil, natural gas, refinery products, coal, fertilizers, steel, cement, and electricity.
  • Weightage of core sectors in IIP: about 40%.
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West Asia conflict escalates: Iran endures, global economic strain grows

The West Asia conflict, primarily Benjamin Netanyahu's war, began on February 28, 2026, with U.S. and Israel's joint military operations against Iran. Despite widespread devastation, assassination of senior leaders, and initial onslaught, Iran has survived, maintained its uranium stockpile, and is prepared for an extended war. Iran seeks to provoke an oil crisis by blockading the Strait of Hormuz, through which 30% of world oil passes. The conflict has caused significant economic strain globally due to rising oil costs and maritime disruptions. The article highlights Israel's determination to expand the conflict despite international reluctance and the economic consequences, noting that a ground invasion for regime change in Iran is deemed impossible without significant global support.

  • The West Asia conflict, initiated by the U.S. and Israel against Iran, began on February 28, 2026, and continues to cause large-scale devastation.
  • Despite significant losses, Iran has demonstrated resilience, maintaining its uranium stockpile and preparing for a prolonged conflict.
  • Iran aims to provoke a serious oil crisis by threatening to blockade the Strait of Hormuz, a critical global oil transit choke point.
Exam Points
  • Conflict start date: February 28, 2026.
  • Strait of Hormuz: Carries nearly 30% of the world's oil shipment.
  • Key figure mentioned: Benjamin Netanyahu.
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Flaws in 16th Finance Commission's disaster funding formula: Odisha underserved

Odisha, despite being India's most disaster-prone state with significant investments in preparedness, received the single largest reduction in disaster funding share from the 16th Finance Commission. This paradox stems from the Commission's multiplicative Disaster Risk Index (DRI = Hazard X Exposure X Vulnerability) formula, which uses total population as the exposure metric, rewarding demographic size over actual hazard exposure. Similarly, vulnerability is measured by per capita Net State Domestic Product (NSDP), which reflects fiscal capacity rather than true disaster vulnerability. The article argues for redefining exposure as population within hazard zones and vulnerability as a composite index including housing quality, health infrastructure, and early warning effectiveness, to ensure equitable disaster finance.

  • Odisha, a highly disaster-prone state, experienced the largest reduction in disaster funding share from the 16th Finance Commission.
  • The 16th Finance Commission's Disaster Risk Index (DRI) formula, which is multiplicative, disproportionately rewards states with larger populations.
  • The formula's definition of 'Exposure' as total population rather than population in hazard zones is scientifically indefensible.
Exam Points
  • 16th Finance Commission allocated ₹2,04,401 crore to State Disaster Response Funds (SDRF).
  • The Commission adopted a multiplicative Disaster Risk Index (DRI = Hazard X Exposure X Vulnerability) formula.
  • Odisha's hazard score is 12, the highest in the country.
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PM Modi inaugurates semiconductor plant in Sanand, boosting India's 'Techade' vision

Prime Minister Narendra Modi inaugurated a semiconductor assembly and test facility of Kaynes Semicon in Sanand, Gujarat, positioning the town as a link between India and Silicon Valley. He declared the current period as the "decade of India" and highlighted the rapid expansion of the country's electronics sector. The PM projected India's semiconductor market to exceed $100 billion by the decade's end and reach ₹9 lakh crore by 2030, up from the current ₹4.5 lakh crore. The Semiconductor Mission, launched in 2021, signifies India's confidence on the global stage. India's participation in the U.S.-led Pax Silica initiative further underscores its role in securing critical technology supply chains.

  • PM Modi inaugurated Kaynes Semicon's semiconductor assembly and test facility in Sanand, Gujarat, linking it to Silicon Valley.
  • India's semiconductor market is projected to exceed $100 billion by the end of the decade and reach ₹9 lakh crore by 2030.
  • The Semiconductor Mission, launched in 2021, is a declaration of India's confidence on the global stage.
Exam Points
  • Location of new facility: Sanand, Gujarat.
  • Estimated cost of the plant: ₹3,300 crore.
  • India's semiconductor market target by 2030: ₹9 lakh crore.
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Space debris crisis: Inadequate governance threatens orbital sustainability

Earth's orbital environment is becoming crowded and fragile due to a failure of governance, not just engineering. The article highlights that existing treaties are outdated, failing to address cumulative harm and stewardship in space. There's no regular mechanism to verify if satellite operators follow through on promises to de-orbit or make satellites safe, leading to unclear responsibility. The current system relies on voluntary compliance and lacks uniform monitoring or sanctions, creating an uneven regulatory landscape. The authors argue for embedding orbital responsibility as a legal requirement in national space legislation, standardizing licensing conditions, mandating data sharing, and using measurable debris-mitigation thresholds to ensure sustainable access to space for future generations.

  • The increasing crowding of Earth's orbits is primarily due to inadequate governance rather than engineering failures.
  • Existing international space treaties are outdated and do not effectively address cumulative harm or stewardship in space.
  • There is a lack of robust mechanisms to ensure satellite operators adhere to promises regarding de-orbiting and safety, leading to unclear accountability.
Exam Points
  • Outer Space Treaty: Article VI (states responsible for national activities in space), Article VII (liability for damage by space objects).
  • Authors: Shrawani Shagun and Abhiram Nair.
  • Key terms: Orbital debris, space situational awareness.
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