Current Affairs - 12 April 2026

US–Iran Ceasefire (Islamabad Accord)

INTERNATIONAL

Why in News:

The United States and Iran agreed to a two-week ceasefire in the 2026 West Asia crisis, mediated by Pakistan. This reduced tensions and led to the reopening of the Strait of Hormuz, restoring global energy supply and trade flows.

Key Highlights:

Agreement informally called “Islamabad Accord”
Involves United States, Iran, Israel
Mediated by Pakistan → highlights third-party diplomacy
US proposed a 15-point plan, while Iran proposed a 10-point framework
Key exchange:
- US pauses military strikes
- Iran reopens the Strait of Hormuz
Helps restore global oil supply chains and trade routes

Background:

The Strait of Hormuz is a critical global oil transit route
Around 20% of global oil trade passes through it

Exam Relevance:

UPSC/BPSC

India’s Fisheries Sector Growth

NATIONAL

Why in News:

India has emerged as the world’s 2nd-largest fish-producing nation (after China), accounting for about 8% of global production. The fisheries sector has become the fastest-growing segment within agriculture and allied activities.

Key Highlights:

Global Rank: India is the 2nd largest fish producer globally after China
Economic Contribution:
- Fisheries contribute 7.43% to Agricultural Gross Value Added (GVA)
- Total production increased to 197.75 lakh tonnes (FY 2024–25)
Export Performance:
- Seafood exports reached Rs 62,408 crore (FY 2024–25)
- Major export: Frozen shrimp
- Key markets: USA and China
Budgetary Support:
- Union Budget 2026–27 allocated Rs 2,761 crore
- Rs 2,500 crore for Pradhan Mantri Matsya Sampada Yojana
Infrastructure & Credit:
- Fisheries and Aquaculture Infrastructure Development Fund supports infrastructure
- Kisan Credit Card limit increased to Rs 5 lakh
Digital Governance:
- National Fisheries Digital Platform (2024)
- Covers 30 lakh+ stakeholders
- Enables access to insurance and subsidies
Formalization:
- Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana
- Outlay: Rs 6,000 crore
- Focus on formalization and traceability of fisheries value chain

Exam Relevance:

UPSC/BPSC

CAPF (General Administration) Act, 2026

NATIONAL

Why in News:

The notification of the CAPF (General Administration) Act, 2026 has triggered protests by retired personnel and families, raising concerns over service conditions, cadre rights, and leadership structure in India’s internal security forces.

Key Highlights:

Protests:
- Demonstrations held at Raj Ghat on 9 April 2026
- Coincided with CRPF Valour Day (commemorating the 1965 Battle of Rann of Kutch)
- Key demands:
  - Restoration of Old Pension Scheme (OPS)
  - Time-bound promotions
  - Better career progression
Provision of the Act:
- Reserves top leadership posts for Indian Police Service officers across CAPFs
- Applies to five CAPFs:
  - Border Security Force
  - Central Reserve Police Force
  - Central Industrial Security Force
  - Indo-Tibetan Border Police
  - Sashastra Seema Bal
Reservation in Leadership:
- 50% posts at Inspector General (IG) level
- At least 67% posts at Additional DG (ADG) level
- 100% posts at Special DG and DG levels
Administrative Authority:
- Ministry of Home Affairs designated as the controlling authority
Legal Supremacy Clause:
- Rules under this Act will override existing laws, orders, and court judgments related to recruitment, deputation, and service conditions

Exam Relevance:

UPSC/BPSC

Padhai Marg

Turning Aspirants Into Officer's

Current Affairs – 12 April 2026

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