Category: business

The Union government’s recent release of over ₹1,789 crore in untied grants to rural local bodies across five states marks another step in strengthening grassroots governance in India. The funds, disbursed under the recommendations of the Fifteenth Finance Commission, will benefit Panchayati Raj Institutions (PRIs) and Rural Local Bodies (RLBs)…

India’s rural local governance system has received a major financial push under the recommendations of the Fifteenth Finance Commission, which has allocated substantial grants to Rural Local Bodies (RLBs) during the award period from FY 2020–21 to FY 2025–26. The 15th Finance Commission recommended ₹60,750 crore for FY 2020–21 (interim period)…

India’s rapid expansion in solar energy capacity has been one of the defining features of its clean energy transition. However, alongside this growth, policymakers and industry experts are beginning to focus on an emerging challenge: managing the growing volume of end-of-life solar panels and ensuring that renewable energy infrastructure does…

New Delhi, March 18: In a major step to strengthen rural drinking water governance, the Government of India has signed reform-linked Memorandums of Understanding (MoUs) with the states of Rajasthan and Madhya Pradesh under the extended phase of the Jal Jeevan Mission (JJM) 2.0. The agreements mark the formal rollout…

New Delhi, March 18: The Government of India is implementing the “Enhancement of Competitiveness in the Indian Capital Goods Sector – Phase II” scheme to strengthen domestic manufacturing capabilities and support the growth of a globally competitive capital goods industry. The scheme, implemented by the Ministry of Heavy Industries, has…

New Delhi, March 18: Union Minister of Food Processing Industries Chirag Paswan has called for a long-term strategic roadmap for India’s food processing and nutraceutical sectors, stressing that the industry must align its growth with the country’s broader goal of becoming a developed nation by 2047. Speaking at “NutriBharat 2026: National…

New Delhi, March 18: The Government of India has supported the establishment of a state-of-the-art fisheries training centre in Himachal Pradesh to strengthen aquaculture capacity and improve skill development in the fisheries sector. The Department of Fisheries under the Ministry of Fisheries, Animal Husbandry and Dairying approved a proposal from the…

New Delhi, March 18: The Government of India has implemented a series of policy measures aimed at expanding institutional credit to the agriculture sector, with particular emphasis on underserved segments such as small and marginal farmers and allied activities including dairy, fisheries, and animal husbandry. The initiatives are designed to improve…

New Delhi, March 18: The Reserve Bank of India (RBI) has strengthened its regulatory oversight of digital lending platforms as part of broader efforts by the government and financial regulators to curb the proliferation of illegal mobile loan applications and enhance consumer protection in India’s fast-growing digital lending ecosystem. The central…

New Delhi, March 17: India’s Union Minister for Agriculture and Farmers’ Welfare and Rural Development, Shivraj Singh Chouhan, has outlined a series of policy measures aimed at strengthening farmers’ incomes and risk protection, including crop diversification, record procurement at Minimum Support Price (MSP), reforms in crop insurance, and stricter monitoring…