
Daily Current Affairs 14 March 2026 highlights important national and international developments relevant for UPSC Prelims and Mains preparation. Major topics include the Economic Stabilization Fund created to tackle global economic uncertainty, discussions around White Phosphorus in modern warfare, and the UNSC resolution on Iran supported by India.
The coverage also includes the Global Engagement Scheme launched by the Ministry of Culture, the NEXT Summit focusing on Viksit Bharat 2047, and the potential of Concentrated Solar Thermal (CST) technology for India’s energy security.
These developments are highly relevant for GS Paper I (History and Society), GS Paper II (International Relations and Governance), and GS Paper III (Energy and Environment).
The Daily Current Affairs for 14 March 2026 covers the following key issues:
Economic Stabilization Fund and Supplementary Grants
Energy Security and LPG Supply Developments
White Phosphorus in modern warfare
Savitribai Phule and social reform in India
UNSC Resolution against Iran supported by GCC nations
Gulf Cooperation Council (GCC) overview
NEXT Summit and Viksit Bharat vision
Dandi March historical significance
Global Engagement Scheme for cultural diplomacy
Concentrated Solar Thermal (CST) energy technology
Due to rising geopolitical tensions in West Asia and global economic uncertainty, the Indian government has approved additional expenditure through supplementary grants.
Around ₹2 lakh crore has been approved by Parliament for additional spending, including ₹57,381 crore allocated to the Economic Stabilization Fund.
Global disruptions such as supply chain interruptions, rising oil prices, and geopolitical conflicts can create unexpected financial pressure on the economy. To manage such situations, the government has introduced the Economic Stabilization Fund.
Additional government expenditure beyond budget estimates is approved through Supplementary Demands for Grants.
This process is governed by Article 115 of the Constitution of India, which allows the government to seek parliamentary approval for additional spending.
Fiscal management during global economic uncertainty
Role of supplementary grants in public finance
Impact of geopolitical conflicts on national economies
India recently witnessed a positive development regarding energy supply when an LPG ship carrying around 55,000 tonnes of LPG successfully crossed the Strait of Hormuz.
The shipment is significant because the LPG quantity is roughly equivalent to India’s one-day LPG requirement.
India heavily depends on West Asia for energy imports:
Around 50% of crude oil imports come from West Asia
Nearly 90% of LPG demand depends on imports
Therefore, disruptions in this region can significantly impact India’s energy security.
India’s dependence on West Asian energy resources
Strategic importance of the Strait of Hormuz
Diversification of energy sources
Human rights groups have alleged the use of White Phosphorus munitions in recent conflicts in Lebanon.
White phosphorus is a waxy chemical substance that appears pale yellow or white and emits a garlic-like smell.
Ignites spontaneously when exposed to oxygen
Burns intensely at temperatures around 30°C or higher
Produces bright light and thick smoke
White phosphorus is commonly used for:
Smoke screens
Target marking
Illumination during military operations
White phosphorus is extremely dangerous:
Causes severe skin burns
Damages muscles and tissues
Can lead to organ failure
Causes irritation to lungs and eyes
Although not completely banned internationally, international humanitarian law restricts its use near civilian populations.
Ethical issues in modern warfare
International humanitarian law and chemical weapons
Civilian protection during armed conflicts
India recently paid tribute to Savitribai Phule on her death anniversary.
She is widely regarded as India’s first female teacher and a pioneering social reformer.
Born in 1831 in Naigaon, Maharashtra
Married social reformer Jyotirao Phule at a young age
Educated and trained as a teacher by her husband
In 1848, Savitribai Phule opened India’s first girls’ school in Pune and became its headmistress.
She worked extensively for:
Women’s education
Dalit rights
Ending caste discrimination
Opposing child marriage
Bal Hatya Pratibandhak Griha to protect vulnerable pregnant women
Promotion of Satyashodhak marriage, which rejected dowry and Brahminical rituals
Her famous works include:
Kavya Phule
Bavan Kashi Subodh Ratnakar
She died on 10 March 1897 while serving plague patients during a major epidemic in Maharashtra.
Role of social reformers in women’s education
Social justice movements in colonial India
A resolution was recently introduced at the United Nations Security Council condemning attacks attributed to Iran in the Gulf region.
The resolution was supported by 130 countries including India.
13 members supported the resolution
Russia and China abstained
India’s support was influenced by:
Indian diaspora in Gulf countries
Nearly 10 million Indians live in the Gulf region.
Energy Security
India imports a large share of its crude oil and LPG from the region.
India’s diplomatic balancing in West Asia
Energy security and foreign policy
The Gulf Cooperation Council is an important regional political and economic organization in West Asia.
Founded in 1981
Riyadh, Saudi Arabia
The GCC includes six monarchies:
Saudi Arabia
United Arab Emirates
Qatar
Kuwait
Oman
Bahrain
The GCC promotes:
Economic cooperation
Regional security
Political coordination among Gulf states
Regional organizations in West Asia
Strategic importance of GCC for India
The NEXT Summit is a leadership and policy forum organized by the ITV Network.
The summit focuses on discussions about India’s development trajectory and policy reforms.
Vision of Viksit Bharat by 2047
Inclusive economic growth
Technological leadership
Energy security and self-reliance
During the summit, the Prime Minister referred to the historic Dandi March.
Started on 12 March 1930
Led by Mahatma Gandhi
Protested the British monopoly and taxation on salt
The movement became a major symbol of civil disobedience against colonial rule.
Civil disobedience movement in Indian freedom struggle
Leadership and mass mobilization strategies
The Global Engagement Scheme was launched in 2025 by the Ministry of Culture to promote India’s cultural heritage internationally.
Strengthen cultural diplomacy
Promote Indian art, music, dance, and traditions globally
Increase tourism through cultural outreach
Cultural festivals abroad
Support for Indo-foreign cultural societies
Financial grants for cultural exchanges
Soft power in international relations
Cultural diplomacy as a foreign policy tool
Concentrated Solar Thermal (CST) is an emerging renewable energy technology gaining attention due to India’s energy security concerns.
CST systems use large mirrors to concentrate sunlight onto a central receiver.
The heat generated converts water into steam, which drives turbines to generate electricity.
Reduces dependence on fossil fuels
Lowers industrial energy costs
Supports climate commitments
According to the Ministry of New and Renewable Energy, India has around 6.4 GW potential for CST-based energy production.
CST technology can be used in:
Textile industries (bleaching and dyeing)
Ceramic manufacturing
Food processing and sterilization
Chemical and heat-intensive industries
Renewable energy diversification
Industrial decarbonization strategies
Q1. White Phosphorus is primarily used in which of the following?
(a) Refrigeration systems
(b) Military illumination and smoke screens
(c) Agricultural fertilizers
(d) Nuclear reactors
Answer: (b) Military illumination and smoke screens
Q2. Savitribai Phule is known for:
(a) Leading the Salt March
(b) Founding India’s first girls’ school
(c) Establishing the Arya Samaj
(d) Starting the Brahmo Samaj
Answer: (b) Founding India’s first girls’ school
Q3. The Gulf Cooperation Council was established in:
(a) 1965
(b) 1975
(c) 1981
(d) 1991
Answer: (c) 1981
Q4. Supplementary grants for additional government expenditure are allowed under:
(a) Article 110
(b) Article 112
(c) Article 115
(d) Article 123
Answer: (c) Article 115
Q5. Concentrated Solar Thermal technology generates electricity by:
(a) Direct photovoltaic conversion
(b) Wind-powered turbines
(c) Concentrating sunlight to produce steam
(d) Hydrogen fuel cells
Answer: (c) Concentrating sunlight to produce steam