NABARD’s eighth Rural Economic Conditions and Sentiments Survey (RECSS) covering September 2024 to November 2025 reveals a decisive revival in rural India. The high-frequency, bi-monthly survey shows that roughly 80% of rural households reported higher consumption over the past year, signalling stronger purchasing power and wider-based demand growth across villages….
Tag: #EconomicGrowth
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Profits Surge, NPAs Decline: India’s Banks Strong
India’s banking sector is emerging from a decade of challenges with renewed strength, stability, and global confidence. Supported by reforms, digital transformation, and disciplined balance sheet management, the sector is delivering its strongest performance in years with record-low non-performing assets (NPAs), robust profitability, and sustained credit expansion. According to data…
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PLI Auto Scheme: 82 Applicants Approved; ₹25,938 Cr Outlay
New Delhi, December 9, 2025: The Production Linked Incentive (PLI) Scheme for Automobile and Auto Components has approved 82 applicants as of November 30, 2025, aiming to accelerate domestic manufacturing of Advanced Automotive Technology (AAT) products. The scheme carries a budgetary outlay of ₹25,938 crore and sets an ambitious eligible…
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India’s Fiscal Snapshot: Receipts and Expenditure Upto Oct 2025
The Government of India has consolidated its monthly accounts for the financial year 2025-26 up to October, revealing total receipts of ₹18,00,475 crore, representing 51.5% of the Budget Estimates (BE) for the year. Tax revenue netted ₹12,74,301 crore, while non-tax revenue contributed ₹4,89,079 crore. Additionally, non-debt capital receipts amounted to…
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NPG Reviews Key Rail Projects under PM GatiShakti Plan
The 103rd meeting of the Network Planning Group (NPG) was held today to evaluate major infrastructure projects under the PM GatiShakti National Master Plan (PMGS NMP). The meeting focused on improving multimodal connectivity, logistics efficiency, and the socio-economic impact of strategic rail corridors. Railway Projects Evaluated During the session, NPG…
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Lok Sabha Speaker Praises GST, Women in Politics
Lok Sabha Speaker Shri Om Birla today emphasized that reforms in direct and indirect taxation, along with the “One Nation, One Tax” GST framework, have simplified and made India’s tax system more transparent, contributing significantly to national growth and prosperity. Speaking at the Parliament House Complex, he addressed Officer Trainees…
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Vice-President Reviews MSME Ministry’s Key Achievements
The Vice-President of India, Shri C. P. Radhakrishnan, was briefed today by the Ministry of Micro, Small and Medium Enterprises (MSME) on the sector’s key achievements, its critical importance to India’s economy, and ongoing initiatives aimed at strengthening grassroots entrepreneurship. The meeting took place at Parliament House, where Union MSME…
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Khelo India University Games 2025 Begin in Rajasthan Tomorrow
The fifth edition of the Khelo India University Games (KIUG) is set to begin in Rajasthan tomorrow, marking a new milestone for India’s rapidly evolving university sports ecosystem. On the eve of the event, Union Minister for Youth Affairs and Sports Dr. Mansukh Mandaviya praised the dedication and perseverance of…
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India Eyes Bigger Banks via Mergers: FM Sitharaman
Mumbai, Nov 6: Finance Minister Nirmala Sitharaman announced that India is working towards creating more “big banks” by consolidating state-owned lenders and enhancing financial resilience through reforms. Speaking at a public event, she said that the government has already begun discussions with the Reserve Bank of India (RBI) and public…
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India’s Democratic Strength Driving Global Investment: Om Birla
Lok Sabha Speaker Shri Om Birla emphasized that the world’s growing interest in investing in India is deeply rooted in the country’s strong democratic foundations and visionary leadership. Speaking at the 125th anniversary of the Bharat Chamber of Commerce in Kolkata, he said India’s rapid economic and technological rise under…