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The RELIEF scheme (₹497 crores) provides risk coverage and reimbursements to MSMEs facing West Asia's logistical disruptions. Long-term resilience requires operationalising IMEC/INSTC routes and building a domestic shipping fleet for true Atmanirbhar maritime logistics
Click to View MoreIndia’s National Statistical Office (NSO) revised the GDP base year from 2011–12 to 2022–23 to reflect structural economic changes and improve data credibility. The rebasing slightly reduces overall GDP size, raises agriculture and industry shares, lowers services, and aligns India’s statistics with global standards.
Click to View MoreIndia’s poverty debate contrasts 5.3% extreme poverty with 23.9% economic vulnerability using World Bank benchmarks. The government now emphasizes the Multidimensional Poverty Index (MPI) over old monetary lines. Experts argue MPI should complement income measures, calling for better data, accountability, and a transparent policy dashboard.
Click to View MoreFarm loan waivers provide short-term relief to indebted farmers but create long-term problems. They strain government finances, weaken credit discipline, and often exclude farmers dependent on informal loans. Sustainable solutions require structural reforms, stronger agricultural infrastructure, and direct income support schemes like PM-KISAN.
Click to View MoreIndia launched a ₹13,000-crore initiative, including the BioPharma SHAKTI Mission and three chemical parks, to shift from generic drugs to high-value biologics and specialty chemicals. It targets the $300-billion biosimilars market, boosts R&D and regulation via CDSCO, reduces import dependence, and requires coordinated government action.
Click to View MoreThe West Asia conflict threatens the Indian economy by spiking crude oil prices, which worsens inflation and the trade deficit. Supply chain disruptions via the Red Sea increase freight costs, hitting exports. Prolonged instability risks the safety and remittances of millions of Indian expatriates living in the region.
Click to View MoreAI threatens millions of Indian IT jobs, worsening stagnant wages and graduate unemployment. A deep skills mismatch and low R&D and education investment weaken preparedness. India must pivot to human-AI collaboration through curriculum reform, large-scale reskilling, and strong industry-academia partnerships to build a competitive, future-ready workforce.
Click to View MoreThe SANKALP (Skill Acquisition and Knowledge Awareness for Livelihood Promotion) scheme, launched in 2018 by the Ministry of Skill Development and Entrepreneurship with assistance from the World Bank, aims to strengthen short-term skill training by improving institutional capacity, ensuring industry relevance, and promoting inclusion of marginalised groups. However, audit findings by the Comptroller and Auditor General of India and observations of the Public Accounts Committee have highlighted concerns such as underutilisation of funds, slow implementation, weak monitoring mechanisms, and lack of preparedness. The issue underscores the need for stronger governance, outcome-based implementation, better industry linkages, and integration of vocational education within the school system to improve employability and effectively harness India’s demographic potential.
Click to View MoreRare earth magnets are high-performance materials essential for electric vehicles, wind turbines, electronics, and defence systems, making them critical for India’s clean energy transition and technological growth. With China dominating global processing, India’s push for domestic manufacturing, critical mineral processing, and recycling aims to reduce import dependence and build a self-reliant mine-to-magnet ecosystem to strengthen economic and strategic security.
Click to View MoreIndia generates nearly 350 million tonnes of agricultural waste annually, creating both an environmental challenge and a major economic opportunity. The circular agriculture approach aims to convert this waste into valuable resources such as bioenergy, organic fertilisers, and bio-based products, with the potential to create a $2 trillion market and millions of jobs by 2050. While the Government has launched multiple initiatives for biomass utilisation, residue management, and infrastructure development, implementation gaps, weak supply chains, limited monitoring, and uneven regional performance remain key concerns. Strengthening outcome-based monitoring, market linkages, and integrated waste management is essential to transform agricultural waste into sustainable rural wealth.
Click to View MoreThe Reserve Bank of India has issued draft Responsible Business Conduct (Second Amendment) Directions, 2026 to regulate the conduct of loan recovery agents, effective from July 1, 2026. The guidelines prohibit harassment, abusive language, excessive or anonymous calls, inappropriate digital messages, and any form of intimidation or public humiliation of borrowers or guarantors. Banks are required to establish a dedicated grievance redressal mechanism and adopt board-approved policies covering due diligence, code of conduct, and performance standards for recovery agents. The move aims to strengthen financial consumer protection, promote ethical recovery practices, and balance borrower dignity with credit discipline in India’s expanding retail lending ecosystem.
Click to View MoreThe Union Budget 2026–27 reinforces the capital goods sector as a key driver of India’s investment-led growth by increasing public capital expenditure to ₹12.2 lakh crore and introducing targeted measures to strengthen domestic manufacturing capacity. Key initiatives include a ₹10,000 crore container manufacturing scheme, establishment of Hi-Tech Tool Rooms, support for construction and infrastructure equipment, tax incentives for toll and electronics manufacturing, and customs duty exemptions for energy storage and critical mineral processing. Along with ongoing programmes such as Make in India, PLI and the Capital Goods Competitiveness Scheme, these measures aim to enhance technological capability, reduce import dependence and position India as a globally competitive manufacturing hub.
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