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The Analyst Handout 15th June 2026
Current Affairs

Article
15 Jun 2026

Indian Seafarers Under Fire: Can India Protect Its Citizens in the Gulf

Why in news?

India has lodged a strong protest with the United States after the U.S. Navy fired missiles at three merchant ships carrying Indian crew members in the Gulf region. One of these attacks killed three Indian seafarers aboard the tanker Settebello.

India summoned a U.S. Embassy representative to register its objection. In response, U.S. Secretary of State Marco Rubio told External Affairs Minister S. Jaishankar that violations of the American blockade and "illicit transport of Iranian oil" would not be tolerated. EAM reiterated India's position publicly, calling such lethal action against commercial shipping "not justified."

What’s in Today’s Article?

  • How Many Indians Work as Seafarers, and Where?
  • What Are "Sanctions," and Why Were These Ships Targeted?
  • Why Does the "Flag" of a Ship Matter So Much?
  • Why This Limits India's Options?
  • What Can India Actually Do?
  • Does International Law Protect Seafarers

How Many Indians Work as Seafarers, and Where?

  • India has an estimated 3.5 lakh seafarers working on ships around the world — meaning one in every six seafarers globally is Indian.
  • More than half of them are in active service at any given time, mostly on foreign-flagged ships (ships registered under another country's flag).
  • In the Gulf region specifically, India's shipping authority (DG Shipping) estimates around 23,000 Indian seafarers are currently working, with more than half based in the UAE.
  • The International Maritime Organization (IMO) estimates that around 20,000 seafarers of all nationalities are currently stranded on ships in the Persian Gulf due to the ongoing tensions.

What Are "Sanctions," and Why Were These Ships Targeted

  • Marivex was sanctioned by the U.S. in December 2025 for alleged Iranian connections.
  • Settebello had been flagged (identified as suspicious) by an American advocacy group called United Against Nuclear Iran, also citing Iranian links.
  • It's important to understand: U.S. sanctions only legally apply within the U.S. — they are not automatically binding on other countries.
  • However, sanctions have serious real-world consequences. Once a ship or its operating company is sanctioned, it often loses access to the international financial system and, critically, loses insurance cover.
  • Without insurance, ports refuse to let the ship dock, and cargo owners refuse to use the ship — effectively crippling its operations even without direct military action.

Why Does the "Flag" of a Ship Matter So Much?

  • All three ships were registered under "flags of convenience" (FOCs) — meaning they were officially registered in countries like Panama, Marshall Islands, Liberia, or Guinea-Bissau (in this case, Palau for Settebello), even though their actual ownership and management had strong Indian links.
  • This is a common practice in global shipping — companies register ships in countries with lighter regulations and oversight, regardless of where the ship's owners, crew, or operators are actually based.
  • Such flags are also commonly used by ships carrying Russian or Iranian oil, since FOC countries are less likely to enforce sanctions strictly.

Why This Limits India's Options?

  • If a ship were Indian-flagged, India would have a much clearer legal basis to act — for example, the Indian Navy could escort or protect it more directly, citing its right to protect its own vessels.
    • Historically, during the Iran-Iraq war, the U.S. got several ships to re-flag as American specifically so it could legally escort them through the Strait of Hormuz.
  • Since these ships were foreign-flagged, India's legal standing to intervene is much weaker — even though the crew, and in some cases the operational links, were Indian.

What Can India Actually Do?

  • India has previously shown it can and will act to protect its seafarers — for example, through Operation Sankalp, under which the Indian Navy and Coast Guard protected four merchant ships from Houthi attacks in 2024, and earlier action was taken against Somali pirates.
  • However, the current situation is different and far more difficult for India to navigate.
  • The Houthis and Somali pirates are non-state actors — relatively easier for India to act against without major diplomatic fallout.
  • In this case, the parties involved are the United States and Iran — two powerful states locked in direct conflict.
  • This significantly limits India's room for manoeuvre, leaving diplomatic protest as the primary tool available for now.

Does International Law Protect Seafarers

  • The main global body for shipping rules is the International Maritime Organization (IMO), a UN agency.
  • While IMO sets technical, safety, and environmental standards through consensus, it has no real power to stop or punish military attacks on ships — when individual nations act unilaterally, the IMO has historically been unable to intervene.
  • The broader legal framework for the oceans is the United Nations Convention on the Law of the Sea (UNCLOS) — a comprehensive treaty covering issues like passage through straits (such as Hormuz).
  • However, UNCLOS has significant gaps in practice: the United States has never signed UNCLOS (it objects to provisions treating the deep seabed as a global commons), and Iran has signed but never ratified it.
  • Crucially, there is no overarching global authority that can enforce these rules — ultimately, outcomes depend on the goodwill and restraint of individual governments.

Conclusion

  • When global powers clash, it is often ordinary workers — far from any battlefield — who pay the price.
  • For India, with hundreds of thousands of seafarers sailing under foreign flags, this episode is a sobering reminder that economic globalisation has outpaced the legal frameworks meant to protect those who keep it running.
International Relations

Article
15 Jun 2026

Beyond E20: India's Ethanol Push and the Road Ahead

Why in news?

The government has exempted higher ethanol-petrol blends (22%-30% ethanol) from central excise duty, putting them on equal tax footing with the current E20 fuel.

It has also proposed amendments to formally recognise E85 (85% ethanol) and E100 (100% ethanol) fuels under the Central Motor Vehicles Rules. Together, these moves signal that India is preparing to move beyond E20 — but the plan has raised concerns among both consumers and automakers.

What’s in Today’s Article?

  • Understanding Ethanol Blending: The Basics
  • Why Are Consumers Worried?
  • Why Are Automakers Concerned?
  • Why Is the Government Pushing for Higher Blends?
  • The Brazil Model: What Can India Learn
  • Conclusion

Understanding Ethanol Blending: The Basics

  • Ethanol blending means mixing ethanol (a fuel made mainly from sugarcane or grain) with petrol. The number after "E" tells the ethanol percentage — so E20 means 80% petrol and 20% ethanol.
  • India achieved the 20% blending target in 2025, five years ahead of schedule.
  • The government's new measures point in two different directions:
    • The first move — shifting from E20 to higher blends like E25 — affects most existing petrol cars on Indian roads today.
    • The second move — recognising E85 and E100 — is meant for a completely new category of vehicles called flex-fuel vehicles, which can run on varying combinations of petrol and ethanol.
      • These vehicles are still not widely available in India.

Why Are Consumers Worried?

  • When India moved from E10 to E20 fuel, the transition happened in just three years, with little advance warning to vehicle owners. This experience has made people cautious about the next jump to E25.
  • Several specific concerns have been raised:
    • Engine damage: Ethanol contains more water than petrol, and water is corrosive. Engines not designed for higher ethanol blends could suffer damage to engine components over time.
    • Drop in mileage: Many users reported a 5-12% drop in mileage after shifting from E10 to E20. The government, however, says this drop is only "marginal."
    • No choice at the pump: Unlike in Brazil, Indian consumers currently cannot choose between different fuel blends at the pump — everyone gets the same standard fuel, whatever it is. Brazil also gives price discounts for higher ethanol blends, something India does not currently offer.
    • Cold start problems: Ethanol burns at a higher temperature than petrol, which can make cars harder to start on cold winter mornings.
    • Worsening performance at higher blends: While E10 caused barely noticeable problems, blends above E10 create issues for non-compatible engines — and these problems get worse at a faster rate as the ethanol percentage increases.
  • The Petroleum Ministry, however, maintains there is no scientific evidence to support these worries.

Why Are Automakers Concerned?

  • For carmakers, the E25 transition means fresh rounds of engineering work — testing engine calibration, fuel-system durability, corrosion resistance, and material compatibility — just months after completing similar work for the E20 transition.
  • There's also a supply-side challenge: Oil Marketing Companies (OMCs) have indicated they can practically manage only two ethanol blends at a time at their pumps — making a smooth, nationwide simultaneous rollout logistically difficult.
  • India's ethanol supply to OMCs has grown massively — from just 38 crore litres in 2013-14 (1.6% blending) to over 1,039 crore litres in 2024-25 (19.2% blending) — showing how rapidly the ethanol ecosystem has scaled up in just over a decade.

Why Is the Government Pushing for Higher Blends?

  • Energy Security - India currently imports about 88.5% of its crude oil requirement. Higher ethanol blending is part of India's strategy to cut oil import dependence and improve energy self-reliance.
  • The Agricultural Angle - There is also a strong political and agricultural dimension. States like Maharashtra and Uttar Pradesh have large sugarcane-growing regions, and farmers there are sitting on excess sugarcane production. Higher ethanol blending creates a ready market for this surplus, benefiting the agricultural lobby in these states.
  • Government's Reassurance
    • The government insists the rollout will happen only after proper testing and consultation.
    • The Bureau of Indian Standards (BIS) has already notified fuel standards for these higher blends.
    • The transition is "not being pushed through in a hurry" and that adequate time will be given to both vehicle makers and oil companies to prepare.

The Brazil Model: What Can India Learn?

  • Brazil's ethanol journey began in the 1970s, as a response to global oil market uncertainties. Over five decades, Brazil built a robust ethanol ecosystem using sugarcane-based fuel.
  • Today, at almost every petrol pump in Brazil, consumers can choose between blended petrol (27-32% ethanol) and pure ethanol (E100).
  • Brazil also successfully promoted flex-fuel vehicles, helped along by government price support that made ethanol-blended fuel cheaper than petrol. By the late 1980s, 9 out of 10 new cars sold in Brazil could run on ethanol alone.
  • As an added bonus, ethanol also improves acceleration — a feature that resonated in a country passionate about motorsport.
  • Crucially, Brazil rolled out its policy in phases, ensuring that people who had already bought vehicles under older fuel standards were not put at a disadvantage.

Conclusion

  • India's ethanol ambition is sound in principle — less oil imported means more energy security and a market for farmers' surplus crops.
  • But Brazil's success shows that choice, pricing incentives, and phased implementation matter as much as the blending target itself.
  • Without these, the cost of the transition risks falling unfairly on ordinary vehicle owners.
Economics

Article
15 Jun 2026

Towards a Fair, Efficient Insolvency Regime

Context:

  • India's Insolvency and Bankruptcy Code (IBC) has always struggled with a basic tension: how to give a financially distressed company a chance to recover, while also protecting the interests of those it owes money to (creditors).
  • This tension is often called the "Chakravyuha Challenge" — borrowed from the Mahabharata, referring to a formation that is easy to enter but very difficult to exit.
  • In India's case, it is easy for a company to enter the insolvency process, but exiting it — through resolution or recovery — has proven to be slow and complicated.
  • The 2026 Amendment to the IBC introduces a new mechanism called the Creditor-Initiated Insolvency Resolution Process (CIIRP) — a hybrid model meant to fix some of these problems.
  • However, the way this new process has been designed — by restricting who can use it — raises both constitutional concerns and practical problems, which this article examines.

A Brief History: From SICA to IBC

  • Before the IBC, India had the Sick Industrial Companies Act (SICA), which followed a "debtor-in-possession" model — meaning the company's existing owners/promoters retained control even during insolvency proceedings.
  • This model was widely misused by promoters to delay action and protect their own interests at the cost of creditors.
  • The IBC, introduced later, swung to the opposite extreme — a "creditor-in-control" model, where creditors (usually banks and financial institutions) take charge of decision-making once a company defaults.
  • While the IBC promised time-bound resolution, in practice it has often failed due to prolonged litigation and procedural delays.

What is CIIRP, and Why Was It Introduced?

  • CIIRP is designed as a "swift yet stringent" middle path. Under this process, the existing management of the company continues to run day-to-day operations, but under the supervision of a resolution professional (an independent expert appointed to oversee the process).
  • The idea is to avoid the value destruction that typically happens when a company is forced into full liquidation — where assets get sold off, often at low prices, and the business essentially shuts down.
  • This new process has been added to the IBC through Sections 54C to 54P.
  • Responding to a Supreme Court Ruling
    • CIIRP is also a direct response to the Supreme Court's ruling in the Vidarbha Industries case.
    • Earlier, under Section 7(5)(a) of the IBC, the word "may" gave the National Company Law Tribunal (NCLT) — the body that hears insolvency cases — discretionary power to delay or even reject a case, even when it was clear that a debt existed and had not been repaid.
    • The 2026 Amendment changes this word from "may" to "shall" — meaning the NCLT is now legally required to accept such cases once the basic facts of debt and default are established through official records.
    • This makes CIIRP a quick, less disruptive option for creditors — but, as the analysts point out, only for some creditors.

The Core Problem: Who Gets to Use CIIRP?

  • A New, Arbitrary Hierarchy
    • Here is the central issue: the 2026 Amendment allows only "notified financial institutions" to initiate the CIIRP process.
    • This creates a new hierarchy within financial creditors themselves — something quite different from before.
    • Earlier, in the Swiss Ribbons case, the Supreme Court had upheld a distinction between financial creditors (like banks, who lend money) and operational creditors (like suppliers, who are owed money for goods/services) — using what is called the "intelligible differentia" test under Article 14 of the Constitution.
      • This test essentially asks: is there a reasonable, logical basis for treating two groups differently?
    • But the new distinction — separating "notified" financial institutions from other financial creditors — doesn't have the same strong justification.
    • The government's reasoning is that notified institutions have special expertise to assess and restructure distressed companies.
    • This reasoning is outdated, since today's financial markets have many sophisticated investors — private equity funds, asset reconstruction companies, and others — who are equally capable of conducting detailed restructuring analysis.
  • Smaller Creditors Get Sidelined
    • Operational creditors and smaller financial creditors are already at the bottom of the repayment priority list when a company becomes insolvent — meaning they get paid last, if at all.
    • By concentrating the power to initiate CIIRP in the hands of only "notified" institutions, these smaller creditors lose their voice in restructuring discussions.
    • If they want to protect their interests, their only option is to pursue the older, more disruptive Corporate Insolvency Resolution Process (CIRP) — which is exactly the lengthy, litigation-heavy process CIIRP was meant to be an alternative to.
    • This undermines the fairness of the entire insolvency system.

How Do Other Countries Do?

  • There are two major global models for comparison: the United States' Chapter 11 and the United Kingdom's Part 26A restructuring plans.
  • In both these systems, the ability to participate in restructuring is based on objective financial conditions — such as how much money a creditor is owed, or the nature of their financial stake — rather than on the regulatory category or institutional identity of the creditor.
  • This means a wide range of stakeholders, regardless of what "type" of entity they are, can take part as long as they meet certain financial thresholds.
  • India's approach of restricting initiation rights to a specific, named category of institutions is therefore seen as an anomaly.
  • This can make foreign investors wary of the Indian market, since they may perceive the system as structurally biased against certain types of investors — discouraging the very foreign capital India wants to attract into its distressed-asset and restructuring space.
  • It also makes Inter-Creditor Agreements (private agreements between lenders on how to coordinate) less transparent, since "notified" institutions effectively get more bargaining power in informal negotiations too.

The Way Forward: A "Universal CIIRP"

  • Experts propose a solution: a "Universal CIIRP" based on a "default-neutral initiation rule."
  • Under this proposal, the criteria for who can initiate CIIRP would shift from "what type of institution are you?" to "how much financial exposure do you have?"
  • Specifically, any financial creditor — regardless of whether they are a "notified" institution or not — could initiate CIIRP, as long as creditors holding at least 51% of the total financial debt support the move.
  • This approach achieves two things simultaneously: it removes the constitutional vulnerability created by arbitrary classification, while still protecting against one-sided or malicious filings, since a majority of financial creditors (by value) would need to agree before the process begins.

Conclusion

  • A truly efficient insolvency law must judge creditors by what they are owed, not who they are.
  • By replacing institutional labels with a fair, finance-based threshold, India's CIIRP can become a genuinely inclusive, constitutionally sound, and globally credible restructuring tool — benefiting debtors, creditors, and investors alike.
Editorial Analysis

Article
15 Jun 2026

India-France Relations - Expanding Cooperation in Trade, Technology, Defence and Global Governance

Why in News?

  • The Indian PM and French President (Emmanuel Macron) held bilateral talks in Nice, France.
  • This was their first meeting after the elevation of India-France relations to a “Special Global Strategic Partnership”, marking a new phase in bilateral cooperation.
  • The discussions covered defence, trade, innovation, artificial intelligence (AI), space, nuclear energy, education, mobility, and global geopolitical issues.
  • The Indian PM also discussed India's participation in the upcoming G7 Summit, reflecting France’s support for India's role in global governance discussions.

What’s in Today’s Article?

  • Strengthening Economic and Trade Ties
  • Defence Cooperation - From Buyer-Seller to Co-Development
  • Space and Nuclear Collaboration
  • Innovation Roadmap 2030 and AI Governance
  • Digital, Education, Mobility and Cultural Connectivity
  • India-France Relations
  • Conclusion

Strengthening Economic and Trade Ties:

  • Target to double bilateral trade:
    • India and France agreed to establish a High-Level Mechanism to double bilateral trade from the current $16 billion (2025-26) to $32 billion within five years.
    • Both sides stressed the importance of the proposed India–EU Free Trade Agreement (FTA) to unlock greater trade and investment opportunities.
  • Economic security and supply chains:
    • A new India-France Economic Security Dialogue will be launched.
    • Cooperation will focus on strengthening supply-chain resilience, securing access to critical minerals, and expanding collaboration in SMEs, aviation and railways.
  • Skill development: Agreement to establish a Centre of Excellence for Skilling in Aeronautics in Kanpur, supporting India's aerospace manufacturing ecosystem.

Defence Cooperation - From Buyer-Seller to Co-Development:

  • Focus on advanced defence manufacturing: The leaders agreed to intensify cooperation through co-design, co-development, and co-production of advanced defence platforms and technologies.
  • Key areas of existing cooperation:
    • India-France defence partnership already includes:
      • Rafale fighter aircraft for the Indian Air Force and Navy.
      • Scorpene-class submarines.
      • Shakti helicopter engines.
      • Joint helicopter manufacturing initiatives.
    • A major milestone was the inauguration in 2026 of the H125 Helicopter Final Assembly Line (FAL) in Karnataka, established by Tata Advanced Systems Limited and Airbus.

Space and Nuclear Collaboration:

  • Expanding space partnership: Building upon six decades of cooperation between Indian Space Research Organisation (ISRO) and Centre National d'Études Spatiales (CNES), both countries agreed to deepen collaboration in:
    • Human spaceflight.
    • Space Situational Awareness (SSA).
    • Private-sector participation in the space economy.
  • Civil nuclear energy: The leaders noted that India's SHANTI Act creates fresh opportunities for collaboration in:
    • Small Modular Reactors (SMRs).
    • Advanced Modular Reactor technologies.
    • Clean and reliable nuclear energy solutions.

Innovation Roadmap 2030 and AI Governance:

  • Adoption of Innovation Roadmap 2030: Recognising technology as a pillar of the partnership, India and France adopted an Innovation Roadmap 2030 to guide long-term cooperation.
  • Joint AI working group: Both countries agreed to establish a Joint India-France AI Working Group focusing on:
    • AI governance.
    • Emerging technologies.
    • Responsible and ethical AI development.
  • Emerging technology collaboration:
    • Partnerships will be expanded in deep-tech, semiconductors, agri-tech, med-tech, renewable energy, defence technologies, and space technologies.
    • The leaders also welcomed the signing of 19 agreements among institutions within the innovation ecosystems of both countries.

Digital, Education, Mobility and Cultural Connectivity:

  • Expansion of India’s UPI in France: Airports in Nice and Paris are expected to facilitate Unified Payments Interface (UPI) transactions, enhancing convenience for Indian travellers and promoting digital public infrastructure abroad.
  • Facilitating talent mobility:
    • Both leaders agreed to improve student and professional mobility, expand mutual recognition of educational qualifications, and strengthen academic exchanges.
    • The Indian PM invited French universities to establish campuses in India under the National Education Policy (NEP) 2020 framework.
  • Visa-free transit: France operationalised visa-free airport transit facilities for Indian nationals, improving connectivity and travel convenience.
  • Cultural cooperation: The two countries agreed to enhance collaboration among museums and cultural institutions, including the National Maritime Heritage Complex.

India-France Relations:

  • Overview: Diplomatic relations, established soon after India’s independence in 1947, were elevated to Strategic Partnership (first-ever for India with a Western nation, and the first for France with a non-Western nation) with France in 1998.
  • The core of partnership: Shared democratic values, belief in multilateralism, respect for international law, and strong economic, cultural, academic, and people-to-people ties (~119,000 Indian diaspora in mainland France).
  • Horizon 2047: In 2023, the year which marked 25 years of India-France strategic partnership, both sides set the course for the next 25 years until 2047.
  • Bilateral trade: Within the EU, France is India’s 3rd-largest trading partner, after the Netherlands and Germany. Indian exports to France amounted to $7.1 billion in 2025-26 (out of total bilateral trade of $15.81 billion).
  • Defence cooperation: Bilateral army exercise SHAKTI; both air forces also participate in biennial Ex-GARUDA (bilateral), and TARANG SHAKTI and MILAN (multilateral); and bilateral naval exercise VARUNA.
  • India France Year of Innovation: India and France are celebrating the India-France Year of Innovation in the year 2026, which was jointly inaugurated by the French President and the Indian PM in 2026 in Mumbai.

Conclusion:

  • The India-France Special Global Strategic Partnership is evolving beyond traditional defence cooperation into a comprehensive framework.
  • The outcomes of the Nice summit underscore the shared ambition of both countries to build a resilient, technology-driven and strategically significant partnership capable of addressing 21st-century geopolitical and economic challenges.
International Relations

Article
15 Jun 2026

Ship Recycling in India and the New Green Recycling

Why in the News?

  • India recently issued its first ship recycling credit note under a new incentive scheme aimed at promoting green ship recycling and domestic shipbuilding.

What’s in Today’s Article?

  • Ship Recycling in India (Background, Major Centres, Legal & Environmental Framework, Significance, etc.)
  • News Summary (Green Recycling, Working of Credit Note Scheme, Challenges, etc.)

Ship Recycling in India

  • Ship recycling refers to the dismantling of old or decommissioned ships for recovering valuable materials such as steel, machinery, spare parts, and reusable equipment.
  • It also ensures the environmentally safe disposal of hazardous substances present in ships.
  • Ship recycling is economically important because ships contain large quantities of recyclable steel and equipment, making the sector valuable for the metal, manufacturing, and shipping industries.
  • India is one of the world’s leading ship recycling nations and plays an important role in the global maritime economy.

Major Ship Recycling Centres in India

  • India’s ship recycling industry is concentrated primarily in:
    • Alang-Sosiya Ship Recycling Yard, Gujarat
    • Ship recycling facilities in Maharashtra and Tamil Nadu
  • Among these, Alang in Gujarat is globally significant and represents one of the largest ship recycling clusters in the world.
  • The region hosts around 120 operational plots, representing one of the highest concentrations of Hong Kong International Convention (HKC)-compliant ship recycling facilities worldwide.

Legal and Environmental Framework

  • Ship recycling involves environmental and occupational safety risks because old vessels often contain hazardous materials such as:
    • Asbestos
    • Heavy metals
    • Toxic oils and chemicals
    • Polluting waste materials
  • To regulate the sector, India enacted the Recycling of Ships Act, 2019, which aligns domestic regulations with the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC).
  • The Act seeks to:
    • Promote safe recycling practices
    • Improve worker safety standards
    • Reduce marine and coastal pollution
    • Encourage environmentally sustainable dismantling
  • India ratified the Hong Kong Convention in 2019, strengthening its position as a major global ship recycling destination.

Economic Importance of Ship Recycling

  • The ship recycling sector contributes to:
    • Recovery of steel for domestic industries
    • Employment generation in coastal regions
    • Growth of maritime ancillary industries
    • Reduction in dependence on imported scrap metal
  • Additionally, the sector supports India’s broader maritime ambitions under initiatives such as the Maritime India Vision 2030 and the Blue Economy framework.

News Summary

  • India has issued its first-ever ship recycling credit note to Bella Shipping, marking the beginning of a new incentive framework intended to strengthen the circular economy and promote environmentally sustainable ship recycling.
  • The company received the credit note after recycling and dismantling a Capesize bulk carrier at an Indian shipyard.
  • The scheme was introduced under the Budget 2025-26, as part of broader efforts to boost maritime growth through a ship recycling and shipbuilding support mechanism.

How the Credit Note Scheme Works?

  • Under the scheme, ship owners will receive a credit note equal to 40% of the scrap value generated from a recycled ship.
  • The credit note can later be redeemed for up to 5% of the fair price of a new vessel built in an Indian shipyard.
  • The scheme seeks to create a stronger link between ship dismantling and domestic shipbuilding, thereby encouraging shipping companies to place orders with Indian shipyards.
  • According to officials, the initiative aims to:
    • Increase domestic shipbuilding activity.
    • Strengthen circular economic practices.
    • Improve the competitiveness of Indian shipyards.
    • Encourage environmentally safe recycling practices.

Eligibility and Environmental Conditions

  • The benefits are available only to HKC-compliant recycling yards, ensuring that environmental safeguards remain central to the scheme.
  • To qualify, recycling facilities must maintain standards related to:
    • Hazardous waste handling
    • Worker safety and emergency preparedness
    • Environmental monitoring systems
    • Pollution control measures
  • The Directorate General of Shipping, State Maritime Boards, and recognised agencies conduct inspections and certification to ensure compliance.

Early Industry Response and Challenges

  • Industry stakeholders have welcomed the move, viewing it as a positive beginning for India's maritime manufacturing ecosystem.
  • According to the Ship Recycling Industries Association (India), around 119 ships were recycled in the country during FY26, accounting for nearly one-third of global ship recycling activity by number of vessels.
  • However, India processed only around 13% of recycled tonnage globally, indicating that the country still mainly handles relatively smaller ships.
  • Experts argue that while the scheme is promising, success will depend on:
    • Faster implementation of digital credit note systems
    • Simplified approval processes
    • Expansion of domestic shipbuilding capacity
    • Availability of skilled maritime labour
  • A major concern highlighted by industry representatives is India’s current inability to build many large commercial vessels domestically, which may initially limit utilisation of the credit note scheme.
Economics

Article
15 Jun 2026

The Hidden History of the Thai-Bharat Connection

Context

  • The history of India's struggle for independence extends beyond the geographical boundaries of the subcontinent.
  • An important yet often neglected chapter lies in Thailand, where the Thai-Bharat Cultural Lodge (TBCL) emerged as a significant centre of nationalist activity.
  • The Lodge played a crucial role in connecting the Indian diaspora, nurturing anti-colonial sentiments, and laying the institutional foundations for the Indian National Army (INA).

Origins of Indo-Thai Cooperation

  • Cultural Foundations
    • The roots of Indo-Thai cooperation were strengthened in 1927 when Rabindranath Tagore visited Siam and met King Prajadhipok (Rama VII).
    • Their discussions highlighted the deep cultural connections between India and Thailand, rooted in religion, philosophy, and shared literary traditions such as the Ramayana and the Ramakien.
  • Role of Swami Satyananda Puri
    • Inspired by these cultural ties, Swami Satyananda Puri arrived in Bangkok in 1932.
    • A distinguished scholar, he quickly integrated into Thai society and became a respected professor at Chulalongkorn University.
    • To strengthen relations between Indians and Thais, he established the Dharam Ashram, which served as a centre for cultural, educational, and spiritual activities.

Transformation of the Thai-Bharat Cultural Lodge

  • From Cultural Institution to Political Centre
    • In 1940, the Dharam Ashram evolved into the What began as a cultural institution gradually became a centre of political mobilisation.
    • The hoisting of the Indian Tricolour at the Lodge symbolised open support for India's freedom struggle and challenged British colonial authority.
  • Impact of World War II
    • With the outbreak of World War II in Southeast Asia, the Lodge became an important meeting place for Indian nationalists.
    • It provided a platform for discussions, coordination, and planning among members of the Indian diaspora who sought to contribute to India's liberation.

Emergence of Organised Resistance

  • Contributions of Revolutionary Leaders
    • Among the key figures associated with the movement was Sardar Giani Pritam Singh, a veteran of the Ghadar Party.
    • Through his efforts, connections were established with Major Iwaichi Fujiwara and the Japanese intelligence unit F-Kikan, creating opportunities for collaboration against British rule.
  • Formation of the Indian National Council
    • In December 1941, the Indian National Council (INC) was established in Bangkok under the leadership of Swami Satyananda Puri and Debnath Das.
    • The organisation coordinated nationalist activities and strengthened cooperation among Indians living across Southeast Asia.

The Bangkok Conference and the Birth of the INA

  • Historic Gathering of 1942
    • The Bangkok Conference, held from June 15 to June 23, 1942, represented a major turning point.
    • Delegates from Burma, Malaya, Singapore, and other regions gathered to formulate a common strategy for India's independence.
  • Key Outcomes
    • The conference consolidated various nationalist groups under the Indian Independence League (IIL) and adopted a comprehensive 34-point resolution.
    • This framework outlined the organisation and objectives of the Indian National Army (INA).
    • The resolution emphasised that the INA should consist of volunteers and former prisoners of war while remaining under Indian political leadership rather than direct Japanese control.

Leadership, Sacrifice, and Expansion

  • Tragic Loss of Early Leaders
    • In March 1942, Swami Satyananda Puri and Sardar Giani Pritam Singh died in a plane crash while travelling to secure support for the movement.
    • Their deaths represented a major setback but also strengthened the determination of those who continued the struggle.
  • Arrival of Netaji Subhas Chandra Bose
    • Bose assumed leadership of both the IIL and the INA, converting a decentralised network into a disciplined political and military organisation.
    • His call for Total Mobilization inspired thousands of volunteers and former prisoners of war to join the cause.
  • Provisional Government of Free India
    • Under Bose's leadership, the movement gained international visibility through the establishment of the Provisional Government of Free India.
    • This development elevated the struggle from a regional initiative to a recognised anti-colonial campaign.
  • Role of the Indian Diaspora
    • The TBCL served as a centre for communication, coordination, and ideological inspiration.
    • These networks supplied leadership, manpower, and resources, demonstrating that India's independence movement was a global effort supported by overseas communities.

Legacy and Historical Significance

  • Revival After the War
    • Following the end of the war in 1945, the TBCL was banned and many of its leaders were imprisoned.
    • However, through the efforts of Pandit Raghunath Sharma, the institution was revived in 1946 and continued to preserve the memory of the independence movement.
  • A Living Archive
    • Today, the TBCL remains the only surviving institution directly linked to this chapter of history.
    • It houses valuable photographs, documents, and records that preserve the contributions of the Indian diaspora and the sacrifices made in the struggle against colonial rule.

Conclusion

  • The history of the TBCL reveals an important yet often overlooked dimension of India's freedom movement.
  • By developing cultural ties, mobilising the Indian diaspora, and providing the organisational foundation for the Indian National Army, the Lodge became a vital pillar of the anti-colonial struggle.
  • Its legacy highlights the importance of Indian nationalism, Asian solidarity, and international cooperation in achieving independence.
Editorial Analysis

Current Affairs
June 14, 2026

What is the Naval Anti-Ship Missile–Medium Range (NASM–MR)?
India recently concluded successful trials of a multi-layered Ballistic Missile Defence (BMD) system and the maiden flight-test of the Naval Anti-Ship Missile-Medium Range (NASM-MR).
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About Naval Anti-Ship Missile–Medium Range (NASM–MR):

  • It is a subsonic, sea-skimming anti-ship missile.
  • It is being developed by the Defence Research and Development Organisation (DRDO) for the Indian Navy for use against small- to medium-sized targets such as frigates, corvettes, and destroyers.
  • It will have different versions, including ship-launched, air-launched, and submarine-launched
  • The missile complements the existing Naval Anti-Ship Missile-Short Range (NASM-SR), which was successfully tested earlier from a helicopter platform.
  • Together, these systems provide layered strike options for the Navy, enabling both close-range and medium-range engagements against hostile warships.
  • Features:
    • It is powered by a Small Gas Turbine Jet Engine (SGTJE).
    • This all-weather missile has a strike range of up to 350 km.
    • It has a warhead weighing more than 200 kilograms.
    • It has an advanced guidance system, which reportedly combines an active radar seeker with an imaging infrared (IR) seeker.

Successful Trials of multi-layered Ballistic Missile Defence (BMD) system:

  • The latest tests involved advanced interceptor systems developed under Phase II of the BMD programme, including the AD-series interceptors.
  • These systems have been designed to engage and neutralise advanced, high-speed threats such as intermediate-range ballistic missiles (IRBMs) and ICBMs capable of travelling up to the 5,000-km class.
  • The AD-1 endo-atmospheric interceptor has been designed to intercept targets within the Earth's atmosphere during the terminal phase of their flight.
    • Propelled by a two-stage solid motor, it utilises advanced navigation and guidance algorithms to track and destroy fast-moving missiles as well as slower-moving aircraft.
  • Similarly, the AD-2 interceptor has been designed to intercept incoming missiles at much higher altitudes, beyond the Earth's atmosphere during their mid-course flight phase.
    • This allows early interception in space, destroying threats before they can re-enter and target specific regions.
  • Both missiles are highly manoeuvrable and capable of hypersonic speeds ranging from Mach 6 to Mach 7, enabling them to intercept fast-moving ballistic targets.
  • These tests have put the country in the elite group of nations having BMD capability to engage up to ICBMs.
Science & Tech

Current Affairs
June 14, 2026

Jiangmen Underground Neutrino Observatory (JUNO)
The Jiangmen Underground Neutrino Observatory (JUNO) collaboration in China recently published its first results, including measurements on how often particles called neutrinos from nuclear reactors change their flavour, or type, as they travel.
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About Jiangmen Underground Neutrino Observatory (JUNO):

  • It is a large underground neutrino detector located near the city of Kaiping in the southern Guangdong province of China.
  • It is the product of an international collaboration involving 74 institutions from Asia, Europe, and America.
  • It is led by the Chinese Academy of Sciences (CAS) via the Institute of High Energy Physics (IHEP).
  • It is the second neutrino experiment in China, after the Daya Bay Reactor Neutrino Experiment.
  • The primary JUNO scientific goal is the determination of the neutrino mass ordering (NMO).
    • This can be inferred by measuring the oscillation pattern of electron anti-neutrinos emitted by nuclear power plants.
  • To do this, the facility has an 80 m high and 50 m diameter experimental hall located 700 m underground.
  • Its main feature is a 35 m radius spherical neutrino detector, containing 20,000 tonnes of liquid scintillator.
  • It is the world's largest and highest-precision liquid scintillator detector.
  • Juno is designed to have a scientific lifespan of up to 30 years.
  • JUNO is also one of three next-generation neutrino experiments, the other two being the Hyper-Kamiokande in Japan and the Deep Underground Neutrino Experiment in the US.

What are Neutrinos?

  • Neutrinos, often called 'ghost particles', are elementary particles that belong to the lepton family of particles.
  • Since neutrinos have very little interaction with matter, their detection is very difficult.
  • They have no electrical charge and have a very small mass (less than one millionth of the mass of the electron), and their speed is nearly equal to the speed of light.
  • First predicted in 1930, they weren’t discovered in experiments until 1956.
  • Of the four fundamental forces in the universe, neutrinos only interact with twogravity and the weak force.
  • Source: Neutrinos come from all kinds of different sources and are often the product of heavy particles turning into lighter ones, a process called “decay.”
  • They are the most common particles in the universe.
  • Approximately 100 trillion neutrinos pass completely harmlessly through your body every second.
  • Neutrinos play crucial roles in the standard model of particle physics, in stellar physics and black holes, and even in cosmology and the nature of the Big Bang.
Science & Tech

Current Affairs
June 14, 2026

Key Facts about Thamirabarani River
Researchers have expressed concern over the declining otter population in Tamil Nadu's Thamirabarani River due to the increasing destruction of their natural habitat in recent years.
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About Thamirabarani River:

  • The Thamirabarani River – also known as the Tamraparni River or Porunai River, a rare perennial river in southern India flowing entirely through the Tamil Nadu 
  • The river’s name is derived from “Thamiram” (copper) and “Barani” (vessel) in Tamil, referring to the copper-like hue of its waters—believed to result from dissolved minerals.
  • Porunai is its classical name in Sangam literature, where it has extensive literary references.
  • Course:
    • It originates from the Agastyarkoodam peak of the Pothigai hills of the Western Ghats.
    • It flows through the Tirunelveli and Tuticorin Districts of the Tamil Nadu state into the Gulf of Mannar of the Bay of Bengal.
  • Major Tributaries: Gadananathi River, the Manimuthar River, and the Pachaiyar
  • Prominent dams include:
    • Papanasam Dam
    • Karaiyar Dam
    • Manimuthar Dam
    • Servalar Dam
    • Gadananathi Dam
  • Major Waterfalls:
    • Banatheertham Falls
    • Agasthiyar Falls
    • Kalyana Theertham
  • Biodiversity:
    • It is one of the richest rivers in the world with fish and is dominated by species of native snakehead fish.
    • All the three species of otters in India, the Eurasian otter, the smooth-coated otter, and the Asian small-clawed otter, inhabit the Thamirabarani River.
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