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    15th Meeting of ASEAN-India Trade in Goods Agreement (AITIGA) Joint Committee held during 6-9 October 2026
    Commerce Secretary Shri Rajesh Agrawal Highlights Need for Rigorous Legal Thinking at CTIL’s 9th Anniversary Celebration
    Release of Draft Guideline for Compilation Gross State Domestic Product (GSDP) Estimates by Expenditure Approach with Base Year 2022-23
    NLMC Invites Bids for Monetisation of 5.119-Acre Prime Freehold Land Parcel of HIL (India) Limited in New Delhi
    Union Finance Minister Smt. Nirmala Sitharaman on visit to Singapore for high-level meetings with Singapore Leadership and CEOs of business firms in S...
    Recommendations of the 57th Meeting of the GST Council
    India Began Building Bridges When the World Was Building Walls: Union Minister of Commerce and Industry Shri Piyush Goyal
    CCI approves acquisition of sole control over Omega-Meyer Ltd and Meyer Organics by BCPE Wellbeing Holdco Two Ltd. and Integral Investments Asia IV Lt...
    CCI approves proposed acquisition of 100% shareholding of Vishavari Tollway Ltd and nine SPVs operating road assets in India by Concessoc 41 SAS
    CCI approves acquisition of certain shareholding in Prestige Hospitality Ventures Limited by CPP Investment Board Pvt. Holdings (4) Inc.
    CCI approves proposed combination related to internal restructuring of the JSW Group
    NLMC Organises Mock E-Auction Training Ahead of RINL Land E-Auction
    Central Bureau of Narcotics (CBN) conducts Jan Samvad at Malana in Kullu District to create preventive drug awareness and to promote development
    Adopted Joint Statement after the India-UK Financial Markets Dialogue 2026, held in London
    Commerce Secretary Shri Rajesh Agrawal Calls for Greater Utilisation of India-EFTA TEPA Opportunities
    Commerce and Industry Minister Shri Piyush Goyal Holds Meetings with Leading U.S. Companies in New York to Strengthen India–U.S. Trade and Investmen...
    Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee October 5 to 7, 2026
    An Approach Paper on Expanding the scope and coverage for the Index of Services Production
    DRI cracks down on cross-border gold smuggling along Indo-Bangladesh border; seizes over 8.3 kg foreign-origin gold; 4 arrested
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October 9, 2026
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AITIGA review negotiations face time-bound subcommittee deliverables to resolve policy issues and modernise trade arrangements.
The AITIGA Joint Committee directed its sub-committees to accelerate pending review chapters through firm, time-bound deliverables and close coordination. Work covers legal and institutional issues, national treatment and market access, and rules of origin. ASEAN and India reaffirmed their commitment to resolve outstanding policy issues, deepen economic integration, and modernise the Agreement into a balanced and mutually beneficial framework strengthening bilateral trade.
October 9, 2026
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International investment law requires balance between investment protection and States' regulatory authority amid sustainability and digital trade challenges.
International trade and investment law are increasingly shaped by sustainability-linked trade measures and digital trade and require rigorous legal analysis. CTIL supports trade capacity through legal analysis for free trade agreement negotiations, WTO processes, dispute settlement and institutional knowledge-building. International investment law increasingly recognises States' regulatory authority alongside investment protection, with institutionalisation, legitimacy and the balance between investment and public power identified as central concerns. Research and capacity-building also address climate, sustainability, supply chains, artificial intelligence and other emerging trade-policy areas.
October 9, 2026
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Expenditure-side GSDP compilation framework standardises regional estimates through common methods, local data sources, and allocation indicators.
Draft guidelines establish a uniform framework for compiling expenditure-side Gross State Domestic Product estimates using base year 2022-23. They cover data sources, estimation procedures and methodologies for private and government consumption, gross fixed capital formation, inventory changes, valuables and net exports. State-specific data and allocation indicators are preferred, while recommended allocation methods support consistent estimates where direct subnational data are unavailable. The approach is intended to harmonise estimation practices and strengthen subnational national accounts capacity.
October 9, 2026
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Freehold land monetisation proceeds through a two-stage electronic sale requiring technical bids and an Earnest Money Deposit.
Monetisation of a 5.119-acre freehold industrial land parcel owned by HIL (India) Limited at Najafgarh Industrial Area, New Delhi, is facilitated through an E-Tender followed by E-Auction. Eligible bidders must complete registration, submit technical bids, and furnish the required Earnest Money Deposit or Bank Guarantee by the stipulated deadline. Sale is subject to "as is where is", "as is what is", "whatever there is" and no-recourse or no-complaint conditions. The exact land extent is to be determined through a joint survey with the successful bidder.
October 9, 2026
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India-Singapore investment cooperation advances through investor engagement, financial connectivity, capital-market participation, and support for identified investment opportunities.
India-Singapore investment cooperation is to be strengthened through engagements with political leadership, business representatives and global institutional investors. Discussions cover trade and investment, digital financial connectivity, capital markets, taxation, advanced manufacturing, skilling and aviation. The National Investment and Infrastructure Fund and GIFT City are identified as channels for Singaporean capital participation through investment vehicles and funds. The Ministry of Finance will facilitate connections between investors, Indian companies, financial institutions and State Governments for identified investment opportunities.
October 8, 2026
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GST process reforms propose automated registration, refunds and return corrections while easing enforcement, credit access and trade compliance.
GST process reforms propose automated registration, registration amendments and cancellation, return reconciliation, input tax credit correction, and phased system-based refund processing. Standardised demand notices and adjudication safeguards are proposed alongside lower penalties, capped penalty-only appeal pre-deposits, withdrawal of arrest powers and narrowed prosecution provisions. Input tax credit reforms would expand refunds and remove specified blocked-credit restrictions, while export measures would broaden zero-rated and export-of-services eligibility. Goods interception would be intelligence-based and authorised, with further compliance relief for small taxpayers and targeted classification, exemption and reverse-charge measures.
October 8, 2026
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Free trade agreement utilisation enables MSME market access, rules-of-origin awareness, export participation, and foreign investment opportunities while protecting sensitive sectors.
Free Trade Agreements are positioned to preserve sensitive domestic interests, particularly agriculture, fisheries and MSMEs, while widening market access for agricultural, marine, engineering, precision and electronic products and facilitating foreign investment. Proposed FTA utilisation desks across State Councils would assist MSMEs in using preferential arrangements, understanding rules of origin and market-access opportunities, participating in delegations and exhibitions, and presenting products and technologies to overseas markets.
October 8, 2026
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Sole-control acquisition of nutraceutical and pharmaceutical businesses receives competition approval for Bain Capital-managed investment funds.
Competition Commission of India approval permits BCPE Wellbeing Holdco Two Limited and Integral Investments Asia IV Limited, funds managed or advised by Bain Capital, to acquire sole control over Omega-Meyer Limited and Meyer Organics Private Limited. The target businesses provide nutraceuticals globally and in India, while Meyer Organics Private Limited also produces and supplies certain over-the-counter and prescription finished-dose pharmaceuticals in India.
October 8, 2026
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Highway asset acquisition approval covers full ownership transfer of a tollway operator and road-project special purpose vehicles.
Competition Commission of India approval covers the acquisition by Concessoc 41 SAS of the entire shareholding in Vishavari Tollway Private Limited and nine special purpose vehicles. The target entities operate designated national-highway stretches in Andhra Pradesh, Odisha and Gujarat, while Vishavari Tollway Private Limited provides operation and maintenance and engineering, procurement and construction services for those highway assets.
October 8, 2026
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Competition clearance for hospitality share acquisition permits investment in a company owning and developing hotel and serviced apartment assets.
Competition Commission of India approved the proposed combination involving CPP Investment Board Private Holdings (4) Inc.'s acquisition of certain shareholding in Prestige Hospitality Ventures Limited. The target is an Indian public limited company within the Prestige group and owns and develops hospitality assets, including hotels and serviced apartments. The acquirer is incorporated in Canada and is managed by Canada Pension Plan Investment Board.
October 8, 2026
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Internal group restructuring receives merger-control approval for amalgamating an integrated steel producer into the group's steel manufacturer.
Merger-control approval covers the proposed internal JSW Group restructuring through amalgamation of BMM Ispat Limited into JSW Steel Limited. The amalgamation would convert the group's majority interest in BMM into full ownership and is intended to enhance operational, financial and organisational efficiencies through economies of scale, resource pooling and capital rationalisation. BMM is commercially integrated in the group's supply chain through intra-group sales and procurements.
October 7, 2026
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Transparent land e-auction procedures support bidder preparedness through mock training, registration and earnest-money requirements for phased asset monetisation.
National Land Monetization Corporation is facilitating a two-phase e-tender-cum-e-auction of 459 encumbrance-free land parcels of Rashtriya Ispat Nigam Limited through the RailTel E-Nivida e-Procurement Platform. Participation requires registration, fulfilment of prescribed requirements and submission of earnest money deposit within the applicable deadlines. Physical and online mock e-auction training familiarises prospective bidders with the bidding interface and participation procedure. Investor outreach provides information on plot details, eligibility requirements, registration and bidding conditions.
October 7, 2026
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Preventive narcotics outreach promotes drug awareness, community participation, and sustainable livelihood alternatives to discourage illicit cannabis cultivation.
Preventive outreach in Malana village promoted drug awareness, youth engagement, community participation and alternative development in an area associated with illicit cannabis cultivation. Residents were sensitised to the harmful effects of cannabis, charas and hashish oil consumption and encouraged to pursue sustainable alternatives, including apiculture, animal husbandry, dairy activities and tourism. Community discussions addressed livelihood barriers, ecological concerns, and commitments to refrain from drug consumption and discourage illicit cannabis cultivation.
October 7, 2026
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Cross-border financial cooperation guides work on market access, sustainable finance, fintech safeguards, and payment interoperability.
India-UK financial-markets cooperation covers capital-market connectivity, cross-border listings, investor access and development of GIFT IFSC as an international financial centre. Engagement also addresses insurance, pensions, asset management, sustainable-finance disclosures and cross-border investment. Fintech cooperation includes digital public infrastructure, central bank digital currencies, data exchange, responsible artificial intelligence, fraud prevention, cyber security and operational resilience. Cross-border payments work prioritises reduced frictions, transparency, efficiency and interoperability of electronic payment infrastructures.
October 7, 2026
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Investment commitments and tariff predictability under India-EFTA TEPA support market access, supply-chain planning, and long-term bilateral trade.
India-EFTA TEPA establishes reciprocal market-access commitments, with EFTA coverage extending to most Indian exports and full coverage for non-agricultural products. Tariff predictability is intended to support investment planning, supply-chain development and longer-term business partnerships. Agricultural opportunities may arise where duties have been reduced to zero. Article 7.1 includes an investment commitment under which the EFTA States are to aim to increase foreign direct investment into India and facilitate employment generation within specified implementation periods.
October 7, 2026
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Foreign investment engagement focuses on expanded partnerships across financial services, manufacturing, insurance, and emerging technologies in India.
India-U.S. trade and investment engagement was pursued through discussions with leading United States companies on expanding investment, partnerships and commercial operations in India. Financial-sector discussions addressed private equity, asset and wealth management, insurance, and financial services, including prospective engagement aligned with the objective of insurance access for all by 2047.
October 7, 2026
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Policy repo rate recalibration responds to inflationary pressures, adopting calibrated tightening while future actions depend on growth and inflation conditions.
Monetary policy is recalibrated through an increase in the policy repo rate under the liquidity adjustment facility by 25 basis points to 5.50 per cent. The monetary policy stance shifts to calibrated tightening, indicating that near-term rate reductions are excluded and that subsequent action may consist of a rate increase or a pause, depending on evolving conditions and the outlook. Further rate action depends on growth-inflation developments, underlying inflation, broadening price pressures, second-round effects and demand impulses.
October 7, 2026
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Index of Services Production expansion proposes broader service-sector coverage through education, health, residential care, public administration and defence.
The Index of Services Production is proposed to expand beyond its initial formal-sector coverage, which relies on high-frequency administrative data and GST outward-supplies data. Education, Human Health and Residential Care, and Public Administration and Defence are proposed for inclusion. Their incorporation would increase coverage of services-sector Gross Value Added and support aggregation of sub-sectoral indices into a unified measure of short-term services-sector movements. Stakeholder views are invited on the proposed methodology.
October 7, 2026
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Cross-border gold smuggling enforcement addresses concealed foreign-origin gold transport through customs seizure, arrest, and investigation of organised networks.
Intelligence-led customs enforcement targeted cross-border gold smuggling through surveillance and interception of four persons travelling from a border route. Personal searches recovered foreign-origin gold biscuits concealed in specially tailored cloth waist belts. Seventy-two gold biscuits were seized under relevant provisions of the Customs Act, 1962, and the four persons were arrested. Investigation continues into organised networks and wider syndicates involved in the movement and distribution of smuggled gold.
October 6, 2026
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Financial inclusion drives digital lending, insurance claim awareness, portal enrolment, and banking access for marginalised sections.
Banks were urged to expand brick-and-mortar branches and banking correspondent coverage in unbanked villages, strengthen digital outreach, and implement end-to-end digital loan processing. Working-capital lending for micro-enterprises through UPI-linked credit lines and credit cards was highlighted. Banks were also directed to increase awareness of insurance claim eligibility, exercise care in claim-related grievance handling, and enrol new PMJJBY and PMSBY beneficiaries through the Jan Suraksha portal.

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NEP 2020 PREPARES YOUTH TO TAKE ON CHALLENGES AND OPPORTUNITIES EMERGING FROM A KNOWLEDGE-DRIVEN ECONOMY OF 21ST CENTURY

July 22, 2024

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SCHOOL EDUCATION SYSTEM IN INDIA, WITH PUBLIC AND PRIVATE SCHOOLS, CATERS TO AROUND 26 CRORE STUDENTS FROM VARIOUS SOCIO-ECONOMIC BACKGROUNDS

PATH BREAKING ECCE PROGRAMME ‘POSHAN BHI PADHAI BHI’LAUNCHED

ALL 613 FUNCTIONAL DIETS TO BE UPGRADED INTO DIETS OF EXCELLENCE IN NEXT FIVE YEARS

7.07 LAKH GIRL STUDENTS ARE CURRENTLY ENROLLED IN 5116 KGBVs NATIONWIDE

POLICY RECOMMENDATIONS FOR EQUIVALENCE ACROSS SCHOOL BOARDS ARE BEING DRAFTED

RS. 5942.21 CRORE APPROVED FOR 10,080 PMSHRI SCHOOLS IN FY25

PM POSHAN SCHEME BENEFITTED 11.63 CRORE CHILDREN IN 10.67 LAKH SCHOOLS IN FY24 (TILL DEC 2023)

29,342 SCHOOLS HAVE BEEN COVERED UNDER SKILL EDUCATION FROM FY19 TO FY24 (TILL MARCH 2024)

The National Education Policy (NEP), launched in 2020 is a policy document that not only encompasses the SDG Goals on education but also prepares the youth of India to take on the challenges and opportunities emerging from a knowledge-driven economy of the 21st century, says the Economic Survey 2023-24 tabled in Parliament today by the Union Finance and Corporate Affairs Minister Smt Nirmala Sitharaman.

The Survey states that the school education system in India, with public and private schools, caters to around 26 crore students from various socio-economic backgrounds and the NEP 2020 seeks to provide all learners in the age group of 3-18 years with access to high-quality education to create an educational system that is rooted in Indian culture and has the potential to establish India as a global knowledge superpower.

‘Poshan bhi Padhai bhi’

The Survey mentions that in alignment with the guidelines of the National Education Policy 2020, ‘Poshan bhi Padhai bhi’ (PBPB) was launched in May 2023. It is a path-breaking Early Chilhood Care and Education (ECCE) programme to help India develop the world’s largest, universal, high-quality preschool network at Anganwadi Centres.

The Survey highlighted that for the first time, early stimulation for 0-3 years is being covered by a Government programme. Through the programme, every child would be provided with at least two hours of high quality preschool instruction daily. All States will follow the national ECCE task force recommendations for a play-based, activity-based learning pedagogy explicitly targeted at developmental milestones of 0-3-year-olds and 3-6-year-olds, including special support for Divyang children, the Survey adds.

Strengthening the country-wide-web of Anganwadis

The Survey stresses that considering global evidence that 85 per cent of brain development is achieved by the age of 6 years, the Anganwadi eco-system becomes a critical access point for building our children’s base to secure their future. In order to realise PBPB through Anganwadis, the latter will have to be strengthened with high-quality infrastructure, play equipment, and well-trained Anganwadi workers/teachers. In this regard, all Anganwadi Workers are to be trained on ECCE principles, including using activities, play and indigenous and DIY toys, through 40,000 Master Trainers. It also states that as of January 2024, 3735 State Level Master Trainers have been trained through 95 training programmes, covering 25 States and 182 Districts.

Some major schemes/initiatives of the Government in school education that are driving the NEP 2020 goals and policies into action and their progress:

  1. Samagra Shiksha Abhiyan
  • NISHTHA, an integrated teacher training programme extended to cover teachers at all levels. 1,26,208 master trainers certified in NISHTHA ECCE.
  • All 613 functional District Institutes of Education and Training (DIETs), the district level institutions guiding school education and teacher education to be upgraded into DIETs of Excellence in the next five years. In this first cycle of upgradation (FY24), an amount of ₹ 92,320.18 lakh has been approved i.r.o. 125 DIETs across the country.
  • Vidya Pravesh, which is a 3-month play-based ‘school preparation module’ for all Grade-I Students with and without preschool education has been implemented by 36 States/UTs.  1.13 crore students from 8.46 lakh schools have been covered in 2023-24.
  • 7.07 lakh girls’ students are currently enrolled in 5116 Kasturba Gandhi Balika Vidyalaya (KGBV) nationwide.
  • Under Inclusive Education for Children with Special Needs (CwSN), 18.50 lakh children with special needs are covered from pre-primary to class XII.  
  1. Under National Assesment Centre- PARAKH, the policy recommendations for equivalence across school boards are being drafted after stakeholder discussion.
  2. Under DIKSHA initiative, the free mobile application and web portal for learners, teachers, parents, etc. was launched in 36 Indian and foreign languages. 3.53 lakhs e-contents are made available to 1.71 crore registered users under DIKSHA. 
  3. Under PM-SHRI , the 3 phases of school selection were completed in which 10,858 schools were selected from 32 States/ UTs/KVS/NVS. Rs. 5942.21 crore have been approved for 10,080 PMSHRI, Schools in FY25.
  4. The PM POSHAN scheme provides one hot cooked meal for students of class I-VIII in Government and Government-aided schools. The scheme benefitted 11.63 crore children in 10.67 lakh schools in FY24 (till Dec 2023).
  5. National Means cum-Merit Scholarship Scheme provides scholarships to meritorious students from economically weaker sections to arrest their drop-outs. In the year 2023-24, a total of ₹ 300.10 crore was sanctioned to 2,50,089 students.

Vidyanjali: A school volunteer programme

The Vidyanjali initiative has played a crucial role in enhancing the educational experiences of over 1.44 crore students by facilitating comprehensive community engagement and leveraging volunteer contributions across various domains, including subject assistance and mentoring and the provision of modern electronics and digital devices.

Progress in School Infrastructure

Reporting on the basic facilities in all schools the Survey notes that there are 97% girls toilets in 2022-23 as compared to 88.1% in 2012-13. The boys toilets have increased to 95.6 % in 2022-23 as compared to 67.2 % in 2012-13.The hand washing facilities have also increased from 36.3 % in 2012-13 to 94.1% in 2022-23. The schools with electricity have also increased from 54.6 % in 2012-13 to 91.7% in 2022-23. The Internet penetration in all schools has significantly increased from 6.2 % in 2012-13 to 49.7 % in 2022-23 and the computers have increased from 22.2 % in 2012-13 to 47.7 % in 2022-23.

Vocational Education

In terms of progress achieved, 29,342 Schools have been covered under skill education from FY19 to FY24 (till March 2024) and 22 sectors with 88 job roles were covered under Skill education till FY24.

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