In a significant move to modernise India’s subsidy delivery system, the Government of India will launch a Central Bank Digital Currency (CBDC)-based food subsidy distribution pilot under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in Puducherry on February 26, 2026. The initiative aims to enhance transparency, efficiency and accountability…
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Supporting Young Scientists in India: DST and ANRF Initiatives
The Department of Science and Technology (DST) has implemented several programs to support and encourage young scientists and researchers nationwide. These initiatives focus on nurturing talent in STEM fields, bridging gender gaps, and enhancing India’s research ecosystem. Key Initiatives for Young Scientists Scheme for Young Scientists and Technologists (SYST): Supports…
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PM-KISAN: Impact, Reach and Financial Outlays Explained
The Central Government’s PM-KISAN scheme, launched in February 2019, has become a cornerstone of direct income support for cultivator families. Designed to supplement the financial needs of farmers with cultivable land, PM-KISAN provides ₹6,000 per year in three equal instalments directly into Aadhaar-linked bank accounts. As of the latest government…
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India Leads Global South Seminar on Finance
India on Friday hosted the first-ever high-level seminar on Public Financial Management (PFM) for countries of the Global South in New Delhi, bringing together heads of missions, senior diplomats and technical PFM specialists from nations including Guyana, Cuba, Mauritius, Maldives, Timor-Leste and Fiji. Convened by the Office of the Controller…