The Ministry of Statistics and Programme Implementation (MoSPI) has released a crucial report outlining the incorporation of new data sources, rates, and ratios for the upcoming revision of India’s National Accounts with base year 2022–23. The move marks a significant step toward enhancing the accuracy, transparency, and robustness of Gross…
Tag: #EconomicReforms
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PLI Scheme Boosts Manufacturing with ₹1.91 Lakh Crore
India’s Production Linked Incentive (PLI) Scheme, backed by an outlay of ₹1.91 lakh crore, has emerged as one of the most ambitious industrial reform initiatives in recent years. With 836 approved applications spanning 14 strategic sectors, the scheme is accelerating investments, boosting exports and generating large-scale employment across the country….
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Economic Survey Backs Scrapping MGNREGS, Cites Rural Revival
The Economic Survey 2025–26, tabled in Parliament on Thursday, has strongly defended the Union government’s decision to scrap the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), arguing that the programme has outlived its utility amid a significantly improved rural economy and persistent structural weaknesses. The Survey positions the repeal…
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India’s Growth Momentum Shines at Davos 2026: Ashwini Vaishnaw
Davos, Switzerland: Union Minister Shri Ashwini Vaishnaw highlighted India’s high growth trajectory and economic resilience at the World Economic Forum Annual Meeting in Davos. The Minister emphasised that deep structural reforms, steered by Prime Minister Shri Narendra Modi, have transformed India into a globally trusted investment destination. Strong Structural Reforms…
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Cabinet Extends Atal Pension Yojana Support Till 2031
In a significant move aimed at strengthening India’s social security framework, the Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the continuation of the Atal Pension Yojana (APY) till the financial year 2030-31. The decision also includes an extension of government funding support for promotional and developmental…
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MoSPI Releases Discussion Paper on Chain-Based IIP Adoption
The Ministry of Statistics and Programme Implementation (MoSPI) has released Discussion Paper 2.0 proposing the adoption of a chain-based Index of Industrial Production (IIP), marking a significant step towards modernising one of India’s most important economic indicators. The paper was made public on January 13, 2026, as part of the…
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NITI Aayog Releases Trade Watch Quarterly on India’s Auto Exports
NITI Aayog on Tuesday released the fifth edition of its flagship publication, Trade Watch Quarterly, offering a detailed and data-driven assessment of India’s trade performance amid changing global economic conditions. The latest edition, covering the first quarter of FY 2025–26 (April–June 2025), places a special emphasis on the structure, competitiveness,…
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Union Budget 2026 Likely on Feb 1 Despite Sunday Debate
The Union Budget 2026 is increasingly likely to be presented on Sunday, February 1, despite the date coinciding with a weekend. Government sources, industry signals, and parliamentary precedent all suggest continuity with the post-2017 budget calendar, even as formal confirmation awaits the official notification of the Budget Session. Since 2017,…
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PM Meets Economists at NITI Aayog on Viksit Bharat 2047
Prime Minister Shri Narendra Modi on Monday held an extensive interaction with a group of eminent economists and domain experts at NITI Aayog, focusing on India’s long-term development roadmap. The discussion centred on the theme “Aatmanirbharta and Structural Transformation: Agenda for Viksit Bharat,” with emphasis on sustaining high growth and…
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PM Modi Highlights Landmark Reforms Powering India’s Growth
Prime Minister Shri Narendra Modi on Monday highlighted the transformative reforms undertaken during 2025, stating that India has firmly “boarded the Reform Express” and is moving with renewed momentum on the path of accelerated growth and development. Sharing his thoughts through a LinkedIn post, the Prime Minister said the reforms…