3RD APRIL- CURRENT AFFAIRS

1.The 1973 Oil Price Crisis

Why in News?

The ongoing West Asia conflict and disruption in the Strait of Hormuz—blocking nearly 20 million barrels per day (bpd)—has drawn comparisons with the 1973 Oil Crisis, one of the most significant energy shocks in history.

Concept of the 1973 Oil Price Crisis

The 1973 Oil Crisis was a global energy shock triggered when Arab members of Organization of Petroleum Exporting Countries imposed an oil embargo on countries supporting Israel.

It marked the first major instance where oil was used as a geopolitical weapon, leading to a fourfold increase in global oil prices.

Nature and Characteristics

The crisis was characterized by:

  • Geopolitical weaponization of energy resources
  • Sudden supply shock in global oil markets
  • Sharp price escalation and inflationary impact
  • Shift in global economic power towards oil-producing nations
  • Long-term structural changes in global finance

Background to the Crisis

  • Post-War Economic Boom:High industrial demand in developed nations
  • OPEC’s Rising Influence:Greater control over global oil supply
  • Inflationary Pressures:Commodity prices already rising
  • Limited Spare Capacity:US unable to offset supply cuts

Key Events During the Crisis

  • Oil Embargo:Arab OPEC nations halted exports to the US
  • Price Surge:Oil prices increased by nearly 400%
  • Fuel Rationing:US imposed restrictions and speed limits
  • Industrial Impact:Severe shortages and economic slowdown

Impact / Implications

DimensionImpactExample
Global EconomyInflation + recession (stagflation)Energy crisis
Energy PolicyShift to alternative energyNuclear, renewables
GeopoliticsRise of oil-producing nationsOPEC influence
Financial SystemBirth of petrodollar systemUS-Saudi agreement

Post-Crisis Developments

  • Petrodollar System:Oil priced in US dollars globally
  • Dollar Dominance:Strengthened US financial influence
  • Remittance Growth:Increased inflows from Indian workers in West Asia
  • Economic Reforms Pressure:Push towards liberalization policies

Major Issues and Lessons

  • Energy Vulnerability:Heavy dependence on imports creates risks
  • Geopolitical Sensitivity:Conflicts directly affect global markets
  • Lack of Diversification:Over-reliance on a single energy source
  • Supply Chain Fragility:Disruptions have global ripple effects

Significance

The 1973 Oil Crisis fundamentally transformed global economics and geopolitics by demonstrating how control over energy resources can influence international power structures. It reshaped energy policies, strengthened OPEC’s role, and laid the foundation for the modern dollar-dominated financial system.

Conclusion

The 1973 Oil Crisis remains a turning point in global economic history, highlighting the strategic importance of energy security.Current developments in West Asia underscore that energy continues to be a critical geopolitical lever, making diversification and resilience essential for the future.

Practice Questions

PrelimsQ. Consider the following statements regarding the 1973 Oil Crisis:

  1. It was triggered by an oil embargo by OPEC countries.
  2. It led to a significant increase in global oil prices.
  3. It resulted in the decline of the US Dollar in global trade.

Select the correct answer:(a) 1 and 2 only(b) 2 and 3 only(c) 1 and 3 only(d) 1, 2 and 3

Answer: (a)

MainsQ. “The 1973 Oil Crisis demonstrated the geopolitical power of energy resources.”Discuss its causes, impacts, and lessons for contemporary energy security.

2. FCRA Amendment Bill, 2026

Why in News?

The Union government has deferred discussions on the FCRA Amendment Bill, 2026 following opposition over its potential impact on NGOs and minority-led institutions.

Concept of FCRA Amendment Bill, 2026

  • The Bill proposes amendments to the Foreign Contribution (Regulation) Act, 2010, which regulates the acceptance and utilization of foreign funds by individuals and organizations in India.
  • It introduces a stricter framework for management of foreign contributions and assets, especially when registration is cancelled, expired, or surrendered.

Aim

The primary objective is to:

  • Ensure national security and public interest
  • Regulate foreign funding inflows
  • Strengthen accountability of organizations
  • Provide clarity in asset management after registration lapses

Nature and Characteristics

The Bill reflects:

  • Tighter state control over foreign funding
  • Enhanced regulatory oversight
  • Shift towards centralized asset management
  • Focus on compliance and enforcement
  • Balancing civil society freedom with security concerns

Key Provisions

  1. Designated Authority:
    • Central government empowered to appoint an authority
    • Manages foreign funds/assets of deregistered entities
  2. Expanded Definition of Ceased Registration:
    • Includes non-renewal, denial of renewal, or expiry
  3. Provisional vs Permanent Vesting:
    • Temporary vesting during suspension
    • Permanent vesting if registration lapses or entity becomes defunct
  4. Asset Disposal Mechanism:
    • Assets can be transferred or sold
    • Proceeds credited to Consolidated Fund of India
  5. Religious Institutions:
    • Management of places of worship handed to prescribed authority
  6. Expanded Prohibitions:
    • Includes individuals engaged in news production or broadcasting
  7. Legal Safeguards:
    • Appeal provision within 90 days
    • Reduced imprisonment (5 years → 1 year)
    • Prior government approval needed for investigation

Drivers / Rationale Behind the Bill

FactorExplanationExample
National SecurityPrevent misuse of foreign fundsNGO funding scrutiny
Regulatory GapsNeed clarity in asset handlingLapsed registrations
TransparencyEnsure accountabilityDigital oversight
Media RegulationControl foreign influence in newsExpanded prohibitions
Governance EfficiencyCentralized authorityDesignated Authority

Major Issues and Challenges

  • Excessive State Control:May undermine autonomy of civil society
  • Risk of Misuse:Potential for selective targeting of organizations
  • Impact on Minority Institutions:Concerns over disproportionate regulatory burden
  • Constitutional Concerns:Questions on freedom of association and expression
  • Administrative Complexity:Implementation and monitoring challenges

Significance

  • The Bill seeks to strengthen the regulatory framework governing foreign contributions
  • It enhances transparency, accountability, and national security safeguards.
  • It also attempts to streamline asset management and reduce legal ambiguities in cases of deregistration.

India’s Concerns

India must balance national security with democratic freedoms, ensuring that stricter regulations do not stifle civil society, restrict legitimate activities of NGOs, or discourage international collaboration.

Way Forward

A balanced approach is required to ensure transparency without excessive control, including clear safeguards against misuse, fair implementation, and consultation with stakeholders to maintain trust and democratic values.

Conclusion

The FCRA Amendment Bill, 2026 represents a significant shift towards stricter regulation of foreign funding in India.Its success will depend on maintaining a delicate balance between security concerns and civil society freedoms.

Practice Questions

PrelimsQ. Consider the following statements regarding FCRA:

  1. It regulates foreign funding received by individuals and organizations.
  2. The Amendment Bill introduces a Designated Authority for asset management.
  3. It completely prohibits all foreign contributions in India.

Select the correct answer:(a) 1 and 2 only(b) 2 and 3 only(c) 1 and 3 only(d) 1, 2 and 3

Answer: (a)

MainsQ. “Regulation of foreign contributions is essential for national security, but excessive control may affect civil society.”Discuss in the context of the FCRA Amendment Bill, 2026.

3.Nyaya Setu AI Chatbot

Why in News?

The Vice-President of India and the Minister of Law and Justice launched the Nyaya Setu AI Chatbot along with its mascot Dishika under the DISHA programme, aiming to improve access to legal services.

Concept of Nyaya Setu AI Chatbot

  • Nyaya Setu is a voice-first, multilingual AI-powered legal assistant designed to simplify legal information and make justice delivery more accessible.
  • It acts as a digital bridge between citizens and the legal system, reducing barriers related to language, literacy, and procedural complexity.

Developed By

Developed by the Digital India BHASHINI Division (DIBD) under the Government of India.

Aim

The primary objective is to:

  • Democratize access to justice
  • Overcome language and literacy barriers
  • Provide easy understanding of legal rights and procedures
  • Strengthen digital legal infrastructure

Nature and Characteristics

Nyaya Setu reflects:

  • Citizen-centric legal service delivery
  • Integration of AI in governance
  • Multilingual and inclusive design
  • Digital public infrastructure approach
  • Focus on accessibility and real-time assistance

How It Works

  • Speech Recognition:Uses BHASHINI ASR to understand voice queries
  • Natural Language Processing (NLP):Processes queries in multiple languages
  • Conversational AI:Provides context-aware legal responses
  • Legal Guardrails:Ensures responses align with frameworks like BNS
  • End-to-End Voice Stack:Enables seamless voice-based interaction

Key Features

  • Multilingual Support:36 text and 23 voice languages
  • Voice-First Interface:Useful for low-literacy users
  • Real-Time Responses:Handles large-scale queries instantly
  • Scalable Infrastructure:Acts as a model for digital justice delivery
  • Turnkey Solution:Ready-to-deploy system for governance use

About Dishika (Mascot)

  • Friendly Digital Interface:Enhances user engagement
  • Guided Assistance:Helps users navigate legal queries step-by-step
  • Trust Building:Makes legal systems more approachable

Major Issues and Challenges

  • Accuracy of AI Responses:Risk of incorrect or incomplete legal advice
  • Digital Divide:Limited access in remote areas
  • Data Privacy Concerns:Handling sensitive legal queries
  • Dependence on Technology:Over-reliance may reduce human legal consultation
  • Language Nuances:Complexity of legal translation across languages

Significance

Nyaya Setu represents a major step towards inclusive and technology-driven justice delivery by making legal information accessible to a wider population, especially those facing linguistic and literacy barriers.

India’s Concerns

Ensuring accuracy, data security, and equitable access remains crucial, as gaps in infrastructure or technology adoption may limit its reach and effectiveness.

Way Forward

Strengthening AI accuracy, expanding digital infrastructure, ensuring robust data protection, and integrating the platform with legal aid systems will enhance its effectiveness and reach.

Conclusion

Nyaya Setu AI Chatbot is a transformative initiative in legal governance, leveraging technology to make justice more accessible, inclusive, and efficient.Its success will depend on trust, accuracy, and widespread adoption.

Practice Questions

PrelimsQ. Consider the following statements regarding Nyaya Setu AI Chatbot:

  1. It is a multilingual AI-based legal assistant.
  2. It is developed under the BHASHINI initiative.
  3. It replaces courts for legal decision-making.

Select the correct answer:(a) 1 and 2 only(b) 2 and 3 only(c) 1 and 3 only(d) 1, 2 and 3

Answer: (a)

MainsQ. “Artificial Intelligence can play a crucial role in improving access to justice in India.”Discuss with reference to initiatives like Nyaya Setu.

4.GLP-1 Drugs

Why in News?

The government has intensified surveillance after a surge in generic GLP-1 drugs flooded the market, leading to falling prices and concerns over misuse and unauthorized sales.

Concept of GLP-1 Drugs

  • GLP-1 (Glucagon-Like Peptide-1) receptor agonists are a class of medicines that mimic a natural hormone produced in the intestines.
  • They are primarily used for Type 2 diabetes management and are increasingly prescribed for obesity treatment.

Nature and Characteristics

GLP-1 drugs exhibit:

  • Hormone-based therapeutic mechanism
  • Dual role in diabetes and weight management
  • Targeted metabolic regulation
  • Prescription-based controlled usage
  • Growing commercialization and demand

Developed By

Originally developed by global pharmaceutical innovators such as:

  • Novo Nordisk
  • Eli Lilly

Now, generic versions are being produced by multiple manufacturers, increasing accessibility.

Aim

The primary objective is to:

  • Regulate blood sugar levels in Type 2 diabetes
  • Assist in weight loss and obesity management
  • Improve metabolic health outcomes

How It Works

  • Hormone Mimicry:Mimics GLP-1 hormone affecting appetite and insulin
  • Insulin Stimulation:Enhances insulin secretion when blood glucose rises
  • Delayed Gastric Emptying:Slows digestion, increasing satiety
  • Appetite Regulation:Acts on brain centers controlling hunger

Key Features

  • Effective Glycemic Control
  • Weight Reduction Benefits
  • Available in Injectable & Oral Forms
  • Long-acting Formulations available
  • Requires specialist prescription

Major Issues and Challenges

  • Unauthorized Sales:Availability without proper prescriptions
  • Misuse for Cosmetic Weight Loss:Non-medical usage increasing
  • Regulatory Gaps:Monitoring of online and retail sales
  • Health Risks:Side effects if used without supervision
  • Quality Concerns:Variability in generic drug standards

Significance

GLP-1 drugs represent a major advancement in metabolic disease treatment by offering effective solutions for both diabetes and obesity, two of the most pressing public health challenges globally and in India.

India’s Concerns

India must ensure strict regulation to prevent misuse and unauthorized distribution while maintaining accessibility for genuine patients, balancing public health safety with affordability.

Way Forward

Strengthening regulatory oversight, enforcing prescription norms, monitoring online sales, and increasing awareness about proper usage will be essential to ensure safe and effective utilization of GLP-1 drugs.

Conclusion

GLP-1 drugs are transforming the treatment of diabetes and obesity, but their rapid market expansion necessitates strong regulatory control and responsible usage to prevent misuse and safeguard public health.

Practice Questions

PrelimsQ. Consider the following statements regarding GLP-1 drugs:

  1. They mimic a hormone involved in regulating blood sugar.
  2. They are used only for treating obesity.
  3. They can slow down gastric emptying.

Select the correct answer:(a) 1 and 3 only(b) 2 and 3 only(c) 1 and 2 only(d) 1, 2 and 3

Answer: (a)

MainsQ. “GLP-1 drugs have emerged as a breakthrough in metabolic disease management but raise regulatory concerns.”Discuss.

5.Survey Vessel Sanshodhak

Why in News?

The Indian Navy has inducted ‘Sanshodhak’, the fourth and final ship of the Survey Vessel (Large) project, strengthening India’s maritime survey and hydrographic capabilities.

Concept of Survey Vessel Sanshodhak

Sanshodhak is a large hydrographic survey ship designed for collecting and analyzing oceanographic, geophysical, and navigational data.

It represents India’s push towards indigenous naval capability and maritime domain awareness.

Nature and Characteristics

The vessel reflects:

  • Indigenous warship design and construction
  • Dual-use capability (defence + civilian applications)
  • Advanced data collection and processing systems
  • Focus on maritime mapping and security
  • Integration of modern underwater technologies

Development Details

  • Designed by: Indian Navy’s Warship Design Bureau
  • Built by: Garden Reach Shipbuilders and Engineers (GRSE),
  • Kolkata
  • Indigenous Content: Over 80%
  • Project Timeline:
    • Contract signed: October 2018
    • Keel laid: June 2022
    • Launched: June 2023
  • Sister Ships:
    • INS Sandhayak
    • INS Nirdeshak
    • INS Ikshak

Aim

The primary objective is to:

  • Replace older Sandhayak-class vessels
  • Enhance hydrographic survey capabilities
  • Strengthen maritime security and navigation
  • Promote Aatmanirbhar Bharat in defence

Key Features

  • Dimensions:Length ~110 m; displacement ~3,400 tonnes
  • Propulsion:Twin diesel engines; speed >18 knots
  • Advanced Systems:
    • Data Acquisition & Processing System
    • Autonomous Underwater Vehicles (AUVs)
    • Remotely Operated Vehicles (ROVs)
  • Navigation & Imaging:
    • DGPS positioning system
    • Digital Side Scan Sonar for seabed mapping

Applications

  • Hydrographic Surveys:Coastal and deep-sea mapping
  • Navigational Safety:Identification of safe maritime routes
  • Oceanographic Research:Collection of marine data
  • Defence Use:Supports naval operations and maritime security
  • Civil Use:Aids port development, trade, and environmental studies

Major Issues and Challenges

  • High Cost of Advanced Systems:Maintenance and upgrades require significant investment
  • Technological Dependence:Some components may still rely on imports
  • Operational Complexity:Requires skilled manpower and training
  • Data Security:Sensitive hydrographic data must be protected

Significance

Sanshodhak enhances India’s ability to conduct precise hydrographic surveys, which are essential for both naval operations and commercial maritime activities. It also strengthens India’s indigenous defence manufacturing capabilities and supports its strategic interests in the Indian Ocean Region.

India’s Concerns

India must ensure sustained technological advancement and data security while expanding its maritime capabilities, especially in a geopolitically sensitive region like the Indo-Pacific.

Way Forward

India should continue investing in indigenous shipbuilding, advanced marine technologies, and skilled manpower, while integrating survey data into broader maritime security and economic planning frameworks.

Conclusion

Survey Vessel Sanshodhak represents a significant step in India’s journey toward maritime self-reliance and enhanced ocean governance, reinforcing both defence preparedness and economic interests.

Practice Questions

PrelimsQ. Consider the following statements regarding Survey Vessel Sanshodhak:

  1. It is designed for hydrographic and oceanographic surveys.
  2. It is entirely built using foreign technology.
  3. It supports both defence and civilian applications.

Select the correct answer:(a) 1 and 3 only(b) 2 and 3 only(c) 1 and 2 only(d) 1, 2 and 3

Answer: (a)

MainsQ. “Indigenous naval capabilities are critical for India’s maritime security and economic interests.”Discuss with reference to projects like Survey Vessel Sanshodhak.

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