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    Payroll Reporting in India – A Formal Employment Perspective
    The Fifteenth Finance Commission holds meeting with the Government of Karnataka
    NITI Aayog to release the Second Edition of “Healthy States, Progressive India” Report
    The Fifteenth Finance Commission meets representatives of Karnataka PRIs
    The Fifteenth Finance Commission meets representatives of Karnataka ULBs
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    SEVENTY-THIRD REPORT - Standing Committees Report on black money to be tabled in parliament
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    Government to give all support and assistance to Small Traders and Retailers – Piyush Goyal
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    Repayment of 6.90% Government Stock 2019
    Cabinet approves signing and ratification of bilateral investment treaty between India and Kyrgyzstan
    Cabinet approves the Special Economic Zones (Amendment) Bill, 2019
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    Quick Estimates of Index of Industrial Production and Use-Based Index for the Month of April, 2019 (BASE 2011-12=100)
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June 25, 2019
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Payroll reporting informs employment outlook based on administrative records to assess formal employment and policy progress.
The National Statistical Office released an Employment Outlook for September 2017-April 2019 using administrative records from selected government agencies; the note synthesises payroll-derived indicators and administrative data to measure formal employment trends and support assessment of employment-related progress and policy monitoring.
June 25, 2019
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State fiscal sustainability concerns prompt Commission to seek long-term agricultural finance strategy and address revenue shortfalls.
The Finance Commission highlighted Karnataka's strengths-revenue surplus, Fiscal Responsibility framework, strong own tax revenue and low committed expenditure-while flagging risks to state fiscal sustainability: volatile GSDP growth, falling non tax revenue buoyancy, rising off budget borrowings, a GST revenue shortfall and large crop loan waiver liabilities. The Commission requested the State's plan for a long term, financially sustainable strategy to address agricultural distress and stated these concerns will be considered in its final report.
June 24, 2019
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Health performance index highlights State and UT rankings and two year incremental improvements in key public health indicators.
NITI Aayog's second edition of the "Healthy States, Progressive India" report evaluates States and UTs on overall health performance and two year incremental improvement across Health Outcomes, Governance and Processes, and Impact of Policy Interventions for 2016-17 to 2017-18, prepared with the Ministry of Health and Family Welfare and World Bank assistance.
June 24, 2019
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Local government finance devolution: Fifteenth Finance Commission reviews PRI fund allocations, SFC constitution delays, and grant inclusion concerns.
The Commission engaged Karnataka PRIs on fiscal devolution and grant disbursement: Karnataka reports full devolution of 11th Schedule functions and follows 4th SFC recommendations on non loan net own revenue shares, including earmarking for Brihat Bengaluru; the Commission noted shortfalls in basic and performance grant releases, absence of recent performance grants, delayed constitution of SFCs, and the State's inclusion of Central Finance Commission grants within state devolution, issues it will consider in its recommendations.
June 24, 2019
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Devolution of functions: state allocation framework and municipal reforms flagged gaps in grants and fiscal treatment of central transfers.
The Commission noted Karnataka's devolution of nearly all 12th schedule functions to ULBs, the State's adherence to the 4th State Finance Commission's allocation of a specified share of non loan net own revenue to local bodies with a separate earmark for the metropolitan corporation, and the 4th SFC's recommendation to exclude Central Finance Commission grants from state devolution. It recorded municipal reforms-GIS based property tax valuation with self assessment and a municipal data society-and concerns over unpaid performance grants, delayed SFC constitution, inclusion of central grants in devolution by the State, and GST's impact on municipal revenues.
June 24, 2019
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Fiscal incentives for states proposed to align transfers with performance, population control and local governance needs.
Experts advised the Finance Commission on designing fiscal incentives tied to State performance, addressing regional inequality, and reforming intergovernmental transfers. Discussion focused on financing for democratic decentralization and urban local bodies, improving local revenue collection and land management, and using updated population data for allocations while incentivising population control. Modalities of Centrally Sponsored Schemes, revenue deficit grants, and specific purpose grants were reviewed to align transfers with equity and performance.
June 24, 2019
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Unaccounted income and wealth: definitions, divergent estimation methods, sectoral risks, and measures to detect and deter black money.
The report analyses the status of unaccounted income and wealth, defines unaccounted income as activity that circumvents regulation and taxation, summarises estimation methods (monetary, global indicator, MIMIC and survey methods) and records widely divergent estimates from three commissioned studies, concluding credible aggregate measurement in India is currently not possible. It identifies high risk sectors, describes mechanisms of illicit outflows, and outlines legislative, administrative and international measures adopted to detect and deter black money, while calling for further inquiry and follow-up on SIT reports and study recommendations.
June 20, 2019
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Finance Commission visit: engagement with state stakeholders to develop performance-based fiscal incentives for digital delivery systems.
The Finance Commission will visit Karnataka to consult the Chief Minister, state officers, political parties, and Rural and Urban Local Bodies, and to hold thematic meetings with economists and IT experts on performance-based incentives to promote Direct Benefit Transfer, PFMS and the digital economy; the visit also includes consultations with trade and industry and inspections of the Karnataka State Natural Disaster Monitoring Centre, the Bangalore City Traffic Management Centre and the Bosch Experience Centre.
June 20, 2019
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Patent Cooperation Treaty outreach expands international filing access through ePCT training and stakeholder capacity building.
The seminar promotes Patent Cooperation Treaty use and international patent filing through presentations by patent offices and IP experts on PCT benefits, public access to technical information, and practical assistance in creating accounts and using the ePCT platform to file and manage international applications online.
June 19, 2019
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Prohibition on foreign multi brand retail entry; government pledges protections and seeks input to shape e commerce policy.
Government commits to support small traders and retailers, invites timely submissions on the draft e commerce policy to be finalised by DPIIT, directs MeitY to address data aspects, encourages use of e commerce and government procurement platforms and finance schemes, and affirms prohibition of foreign multi brand retail entry disguised as B2B together with enforcement against predatory pricing and discriminatory practices.
June 19, 2019
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GDP estimation methodology defended as aligned with SNA standards, rebutting claims of systematic post revision over estimation.
India's GDP estimation methodology moved to a 2011-12 base year in 2015, integrating the MCA21 database and SNA 2008 recommendations to improve coverage and align with international practice. The note rebuts a recent critique alleging post 2011-12 GDP over estimation by pointing to selective indicator use, weak regression analysis, and inappropriate exclusion of tax data, and presents eight factual points to counter that critique while acknowledging ongoing efforts to enhance data accuracy.
June 18, 2019
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E commerce market study in India to assess business practices and competition, guiding enforcement and advocacy priorities.
A market study has been launched to examine e commerce in India, focusing on distribution methods, business models, contractual provisions and vertical restraints, market structure and business practices across goods and services. Using desk research, quantitative and qualitative data, stakeholder questionnaires and consultations with platforms, manufacturers, retailers, service providers and payment operators, the study aims to identify impediments to competition and to shape enforcement and advocacy priorities based on preliminary findings presented at a workshop and a subsequent final report.
June 17, 2019
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Parliamentary Decorum urged to prioritise constructive opposition and collaborative lawmaking for enhanced public welfare outcomes.
The Prime Minister urges Members to prioritise national interest and dignified parliamentary conduct, valuing opposition contributions and fostering an impartial spirit to elevate the House's effectiveness. He links increased voter participation and female representation to democratic strength, reaffirms the government's inclusive development mandate under 'sabka saath, sabka vikas', and calls for constructive, evidence-based debate that promotes productive lawmaking and tangible outcomes for ordinary citizens.
June 14, 2019
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Repayment of Government Stock: holders must provide bank details for electronic payment or tender securities for discharge.
Repayment of 6.90% Government Stock is repayable at par on the maturity date and no interest will accrue thereafter. Payment to registered holders in ledger accounts or by stock certificate will be by pay order with bank particulars or by credit through electronic means under the Government Securities Regulations, 2007; holders must submit bank account particulars in advance. Absent such particulars, holders should tender duly discharged securities at Public Debt Offices, Treasuries/Sub Treasuries or designated bank branches twenty days before the due date to obtain repayment.
June 13, 2019
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Bilateral investment treaty promotes increased investment flows and legal protection for investors between India and Kyrgyzstan.
Cabinet approval authorised signing and ratification of a bilateral investment treaty between India and Kyrgyzstan, creating a legal framework to promote cross border investment flows and to provide protections for investors of each country, with implementation contingent on completion of the parties' domestic procedures.
June 13, 2019
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Special Economic Zones amendment expands eligibility to trusts and notified entities for permission to set up units in SEZs.
Amendment expands eligibility to allow trusts and other entities notified by the Central Government to be considered for permission to establish units within Special Economic Zones by amending the applicable definition in section 2 of the Special Economic Zones Act, replacing the earlier Ordinance.
June 12, 2019
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Consumer Price Index release shows divergent rural and urban inflation and distinct food price trends for May.
The National Statistical Office released provisional May 2019 indices on the revised base covering rural, urban and combined Consumer Price Indices and Consumer Food Price Index, presenting point to point and month on month inflation rates disaggregated by groups and sub groups. State/UT provisional general CPI numbers and major State inflation rates are tabulated in annexures, with methodological notes that price data are collected from selected towns and villages and that all India indices are weighted averages of State indices.
June 12, 2019
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Index of Industrial Production shows monthly and cumulative growth, with sectoral and use based divergences and revised estimates.
Quick Estimates of the Index of Industrial Production for April 2019 report overall year on year growth and cumulative growth for the April-March period; sectoral indices for Mining, Manufacturing and Electricity and two digit manufacturing industry groups show mixed performance with identified positive and negative contributors; use based classifications and item level groups disclose differential growth patterns; recent months have been revised based on updated source data and the release schedules the next monthly estimate.
June 10, 2019
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Reciprocal market access sought to restore confidence in rules-based trade and boost services and MSME participation globally.
Reciprocal market access for Indian products is urged to counter the global trade slowdown by de-escalating trade tensions and restoring confidence in the rules-based multilateral trading system. The summary stresses inclusive, development-centric free trade aligned with SDGs, highlights services as a growth driver and the need to remove barriers including facilitating temporary movement of highly skilled professionals, and calls for preferential market access for MSMEs to integrate them into global supply chains.
June 6, 2019
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Trade and Digital Economy dialogue shapes non binding global leaders' agenda and advances developing country trade and investment interests.
The Union Minister leads India's delegation to the Trade and Digital Economy Ministerial, addressing global trade developments, WTO matters and digital trade, including a joint commerce-information technology session; G20 ministerial deliberations inform the summit agenda and declaration but are non-binding, while bilateral meetings on the sidelines aim to advance India's trade and investment interests and coalition-building for developing-country priorities.

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