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    Lateral entry of Domain Experts in PSBs
    Index of Eight Core Industries (Base: 2011-12=100) June, 2018
    Finance Commission to visit Jharkhand from tomorrow, Challenges in Social Sector to top the agenda
    Startup India Yatra begins in Chhattisgarh
    Investment in Logistics to Touch USD 500 Billion By 2025: Suresh Prabhu
    Growth of Infrastructure Industries
    Invest India and UAE Ministry sign MoU for technological cooperation
    Atal Innovation Mission, NITI Aayog & MyGov launches “Innovate India Platform”
    Vietnam, new growth centre of South East Asia: Suresh Prabhu
    Invest India and Business France Sign Mou to Promote Investment
    Need for Balance Between Interests of Small Traders and Organized Retail: Suresh Prabhu
    Progress of development of Delhi-Mumbai Industrial Corridor
    Finalisation of National Artificial Intelligence Mission
    Payroll Reporting in India – A Formal Employment Perspective- May, 2018
    ITPO Builds Hostel for Blind School in New Delhi
    Over 550 startups mentored for incubation and funding support
    Visakhapatnam-Chennai Industrial Corridor
    First Meeting of India-Bangladesh Joint Committee on Border Haats Held in Agartala
    Finance Commission to visit Gujarat from Sunday
    Foreign investment for technological upgradation and modernisation in Railways
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    July 31, 2018
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    Lateral entry of domain experts reinforces managerial autonomy in public sector banks and strengthens board led governance.
    Public sector banks retain managerial autonomy over human resource policies and recruitment, permitting board approved lateral entry of domain experts and specialists to strengthen administration. Concurrent governance measures include clarification of government non interference, separation of Chairman and Chief Executive roles, selection of Whole time Directors and Non executive Chairmen via the Banks Board Bureau, performance based extensions for Whole time Directors, and broader empowerment of bank boards under the PSB reforms agenda.
    July 31, 2018
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    Index of Eight Core Industries shows mixed sectoral growth with strong gains in coal, refinery and cement.
    The Index of Eight Core Industries (base 2011-12) rose in June 2018 with the combined index at 129.8 and a cumulative April-June 2018-19 growth of 5.2 per cent; coal, refinery products, cement and electricity recorded marked increases while crude oil and natural gas declined; industry weights are scaled to a combined ICI weight of 100 and April-June 2018 data are provisional, with renewable electricity included since April 2014.
    July 31, 2018
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    Fiscal review of state finances and social sector shortfalls prompts targeted assessment and policy recommendations during state visit.
    Fifteenth Finance Commission's Jharkhand visit is a fiscal and socio economic assessment involving state leadership, local bodies, industry and academia to review state finances-including past revenue and fiscal deficits and rising debt to GSDP ratio-and to press for enhanced capital expenditure. The mission will evaluate social sector shortfalls in health, education and poverty reduction, devolution and account management of Panchayati Raj Institutions and Urban Local Bodies, State Finance Commission reporting, District Mineral Foundation and State Disaster Response Fund issues, and power sector performance including UDAY bond implementation.
    July 31, 2018
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    Startup promotion: Yatra launches mobile boot camps and pitch sessions to channel ideas into state incubators and support.
    The Startup India Yatra launches mobile boot camps across Chhattisgarh, delivering presentations on Startup India and the State Startup Policy, ideation workshops, and pitch sessions from a van-equipped platform. Participants register via the national portal; shortlisted ideas are linked to state-run incubators and potential grant or incubation offers, advancing entrepreneurship in tier 2 and tier 3 towns.
    July 30, 2018
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    Logistics infrastructure reform advances integrated policy, training, and funding to enhance trade facilitation and supply chain performance.
    The Ministry has created a Logistics Wing, is preparing a National Logistics Policy and a policy for Multi modal Logistics Parks, and has granted infrastructure status to warehousing, cold chains and multimodal logistics parks. A Centre for Trade Facilitation and Logistics will coordinate industry, academia and government to document, monitor and improve logistics performance, provide training to build a cadre of trade facilitation and logistics professionals, and deliver training to government officials, supported by one time and phased public funding.
    July 30, 2018
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    Infrastructure policy reforms promote industrial growth through FDI liberalisation and ease of doing business to support core sectors.
    The Government has implemented a policy framework to boost industrial and infrastructure growth through FDI liberalisation, regulatory simplification, enhanced use of information technology and measures to strengthen infrastructure networks and input availability. Sector performance is monitored by the Index of Eight Core Industries; provisional 2017-18 data show varied results across the core sectors, with crude oil production declining due to production shortfalls in mature fields, reservoir problems, maintenance shutdowns and rising water cut.
    July 27, 2018
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    International AI cooperation to create a bilateral AI bridge promoting startup investment, research and digital governance reform.
    A Memorandum of Understanding between Invest India and the UAE Ministry for Artificial Intelligence establishes an India-UAE AI Bridge to coordinate collaboration in Blockchain, AI and analytics, create an annual UAE India AI Technical Working Group with Invest India and Startup India, and promote investment in AI startups, joint research, and capacity building to support digital transformation in sectors like agriculture supply, healthcare and disaster management.
    July 26, 2018
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    Open access to national innovation platform enables registration, sharing and public rating of innovations by citizens nationwide for ecosystem building.
    The national online portal aggregates and showcases innovations from across the country and is open to all Indian citizens. Registered users may submit grassroots and deep tech innovations, view and engage with submissions through commenting, sharing and voting, and use social media to disseminate entries. A public leaderboard, calculated from votes, highlights prominent contributions to aid discovery and networking within a citizen centric crowdsourcing framework focused on visibility and ecosystem building.
    July 26, 2018
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    Most favoured nation status enables enhanced bilateral trade and strategic economic engagement under India's Act East Policy.
    Granting of Most Favoured Nation status and India's Act East Policy underpin a strategic economic partnership between India and Vietnam, emphasizing cooperation in oil exploration, agriculture, manufacturing, defence and a growing focus on the services sector. Vietnam's position within ASEAN functions as a conduit for India's wider regional engagement. India granted Most Favoured Nation treatment to Vietnam in 1975, and bilateral trade objectives and policy alignment guide sectoral collaboration and market-access modalities under the broader ASEAN integration framework.
    July 26, 2018
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    Investment facilitation agreement to promote startup collaboration and market entry between India and France through joint support structures.
    An MoU creates a cooperation framework between Invest India and Business France to provide practical investment facilitation, a dedicated support structure for inbound companies and startups, and joint activities including knowledge exchange to identify bilateral business opportunities and promote market entry and growth in India and France.
    July 25, 2018
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    Retail policy balancing small traders and FDI aims to protect small retailers while enabling organized retail expansion nationwide.
    A proposed Retail Policy is being considered to reconcile permitting FDI and organized retail with safeguards for small retail traders; the Commerce Minister has engaged the Consumer Affairs Ministry and committed to protective measures while pursuing broader trade and district-level growth objectives, including consideration of an internal trade board.
    July 25, 2018
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    Industrial region development: Phase 1 investment regions approved with sector permissions excluding highly polluting industries.
    Phase One of the Delhi Mumbai Industrial Corridor lists eight investment regions selected for development, permits manufacturing subject to exclusion of industries in the highly polluting red category, identifies target sectors including manufacturing, automotive, defence, R&D, IT/ITES, high tech and agro/food processing, records a land allotment in Shendra to a foreign firm for spandex manufacturing, and provides an aggregate employment projection for direct and indirect jobs.
    July 25, 2018
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    National AI strategy to coordinate sectoral AI initiatives and establish committees for data, capability, skills, and governance.
    A National Artificial Intelligence Mission is to serve as the nodal coordinating mechanism and NITI Aayog has been tasked with formulating a National Strategy Plan for AI in consultation with Ministries, academia and industry, identifying healthcare, agriculture, education, smart cities and smart mobility as priority sectors; MeitY has constituted four committees on platforms and data, sectoral missions, technological capabilities and skilling/R&D, and cybersecurity, safety, legal and ethical issues.
    July 25, 2018
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    Payroll reporting based on administrative social security data informs formal employment outlook and subscriber-based measurement.
    The Central Statistics Office released an employment outlook report for September 2017-May 2018 that measures formal sector employment using administrative records from selected agencies, aggregating subscriber and benefit-enrolment information from the Provident Fund, State Insurance, and Pension Schemes to construct a subscriber-based indicator. This release is the fourth in a series of periodic employment-statistics notes updating formal employment trends.
    July 24, 2018
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    Corporate social responsibility funds delivered inclusive residential infrastructure for visually impaired students with further construction support announced.
    A government trading body implemented a corporate social responsibility initiative funding and facilitating construction and renovation at a specialised institute for visually impaired students in New Delhi, delivering a new hostel block with separate toilet facilities on each floor that accommodates around sixty economically disadvantaged rural students, and announcing further in-kind construction support for the institution's older building.
    July 24, 2018
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    Startup support regulation expanding incubation, funding, and IP and procurement facilitation to strengthen startup market access.
    Measures expand incubation capacity and funding while providing procedural facilitation: selection and financing of Incubation Centres and Technology Business Incubators, mandatory monthly performance reporting via a monitoring platform, creation of tinkering labs and institutional innovation centres, patent and trademark facilitation with empanelled advisors and fee rebates, relaxed public procurement norms for startups, expedited exit mechanisms under the insolvency framework, and capital deployment through a Fund of Funds to catalyse investment into recognized startups.
    July 24, 2018
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    Industrial corridor financing enabling staged infrastructure and policy reforms to develop designated nodal areas across the corridor.
    Master planning for two VCIC nodes (Visakhapatnam and Yerpedu Srikalahasti) is progressing; after master planning, detailed engineering and NICDIT approval, the Government releases funds. ADB approved a coordinated financing package including a multi tranche infrastructure facility, a policy support loan, a climate resilience grant, and technical assistance. Four nodes-Visakhapatnam, Kakinada, Kankipadu Gannavaram and Yerpedu Srikalahasti-were identified based on the Conceptual Development Plan.
    July 24, 2018
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    Border Haats Joint Committee advances cross-border market cooperation, reviewing operations and planning expansion and infrastructure improvements.
    The Joint Committee established by the Memorandum of Understanding is tasked with reviewing operations of existing Border Haats, recommending changes to operational modalities, proposing new locations, and planning phased expansion; the committee noted positive livelihood impacts, identified infrastructure improvements, reviewed four functional haats, and agreed timelines and a roadmap for establishing additional haats with future meetings to be scheduled jointly.
    July 20, 2018
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    Finance Commission visit to assess state finances and devolution, informing recommendations on fiscal transfers and local governance.
    The Fifteenth Finance Commission will visit Gujarat to assess the State's public finances and decentralisation arrangements through meetings with state leadership and officials, detailed presentations and a state memorandum, interactive sessions with Urban Local Bodies and Panchayati Raj Institutions to examine devolution issues, and field visits to major infrastructure projects. The Commission will analyse fiscal metrics-revenue surplus, own tax and non tax revenue trends, capital expenditure, debt to GSDP-and sectoral outcomes including GST mobilisation and power sector performance to inform its recommendations.
    July 20, 2018
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    Foreign Direct Investment in rail infrastructure permitted on automatic route, enabling PPPs and targeted modernization measures.
    The policy permits Foreign Direct Investment (FDI) on the automatic route in specified railway infrastructure activities: suburban corridor projects via public private partnership, high speed train projects, dedicated freight lines, rolling stock manufacturing and maintenance, railway electrification, signalling systems, passenger terminals, industrial infrastructure connected to rail lines, and mass rapid transit systems; it also states that these permissions do not constitute privatisation and that PPPs and outsourcing for certain non core services are allowed on a need basis to improve efficiency.

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