Repayment of GOI Floating Rate Bond requires bank mandate for electronic credit or tendering discharged securities for payment.
Outstanding principal of GOI Floating Rate Bond 2024 is repayable at par on maturity with no interest thereafter; holiday in a State shifts repayment to the previous working day. Maturity proceeds will be paid by pay order with bank particulars or by electronic credit to the holder's bank account if mandate is furnished in advance. Absent bank particulars, holders must tender duly discharged securities at designated paying offices at least twenty days before the due date to obtain the discharge value.

Industry engagement: encourage startups, women entrepreneurs and tourism promotion to boost jobs and skills through public-private partnership.
Union Minister urged industry associations to engage startups and women entrepreneurs, promote tourism through overseas representative offices to create jobs by removing language barriers, and partner with government initiatives on skill development and employment. He called for industry support to showcase India's advances in AI, machine learning, data analytics and clean energy as part of advancing the national economic agenda toward the Viksit Bharat 2047 vision.

Arbitration law reform invites public comment to strengthen institutional arbitration and reduce court intervention, and ensure timely conclusions.
The draft Arbitration and Conciliation (Amendment) Bill, 2024 aims to promote institutional arbitration, limit court intervention in arbitration proceedings, and ensure timely conclusion of arbitrations to strengthen enforcement of contracts and ease of doing business; a tabular statement of existing and proposed provisions accompanies the draft, which is published for public consultation with comments invited by email and materials made available on the Department of Legal Affairs website.

Time-series data update: CBDT published tax datasets through the latest fiscal year, now available on the official website.
CBDT published an updated Time-Series data set through the most recently completed fiscal year and made it publicly accessible on the official income tax website for download and analysis.

Integrated infrastructure planning under PM GatiShakti enables district-level GIS project selection and area-based development decision-making.
The PM GatiShakti National Master Plan was operationalised at district level through a capacity building workshop promoting GIS-based decision support, the Area Development Approach, and inter-ministerial data integration. The programme advances creation and enrichment of District Master Plan portals with central and state data layers, provision of District Nodal Officer credentials, and technical support from BISAG-N to enable site selection, gap analysis, disaster management, and integrated area-based project planning.

Repayment of government securities: holders must provide bank account details or tender securities early for electronic credit.
Outstanding security 6.18% GS 2024 is repayable at par on November 04, 2024, with no interest thereafter; if a State Government declares a holiday under the Negotiable Instruments Act, 1881, repayment will be made on the previous working day. Payment of maturity proceeds for securities held in Subsidiary General Ledger or as Stock Certificates shall be made by pay order incorporating bank account particulars or by credit to a bank account capable of receiving electronic funds; absent such particulars, holders may tender duly discharged securities at designated paying offices twenty days before the due date.

Minimum Support Prices raised for mandated rabi crops to ensure remunerative returns and incentivise crop diversification.
The Cabinet Committee on Economic Affairs approved increases to the Minimum Support Price for all mandated Rabi crops for Marketing Season 2025-26, reporting revised MSPs, absolute increases for individual crops, and All-India weighted average costs of production. The decision follows the Union Budget commitment to set MSP at at least 1.5 times the weighted average cost of production and presents expected margins over cost for each crop, stating the objective of ensuring remunerative prices to farmers and incentivising crop diversification.

Dearness Allowance increase approved to raise compensation for central employees and pensioners, effective from July, under pay commission formula.
An additional instalment of Dearness Allowance and Dearness Relief, increasing the existing rate by three percentage points, is approved effective 1 July 2024 for Central Government employees and pensioners, applied under the formula based on the 7th Central Pay Commission and entailing an estimated recurring fiscal impact and specified beneficiary populations.

Acquisition approval for bank stake in insurance firms under insolvency resolution plan permits stake transfer
The Competition Commission has permitted the proposed acquisition by Central Bank of India of minority equity stakes in Future Generali India Insurance Company Limited and Future Generali India Life Insurance Company Limited, to be effected through a bid or resolution plan submitted under the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016; a detailed order will follow.

PM GatiShakti Master Plan expands district infrastructure planning, enabling geospatial data-driven logistics and social infrastructure integration.
Launch of a district-level PM GatiShakti Master Plan for 27 aspirational districts pairs with Guidelines for Preparing City Logistics Plans, creating a GIS-enabled, data-validated platform that prioritises continuous data updating and validated geospatial inputs to improve the speed, cost-efficiency and quality of infrastructure planning while extending mapping to social infrastructure through an Area Development Approach.

Traders welfare outreach: national board advances scheme awareness and forwards stakeholder representations for departmental follow up.
The National Traders' Welfare Board met to coordinate promotion of retail trade welfare schemes, instruct members to raise awareness including via a DPIIT virtual consultation platform, and confirm that representations from trade associations have been referred to the relevant Ministries/Departments for necessary follow up and action.

Illegal manufacture of Mephedrone leads to factory sealing, forensic confirmation, and arrests after targeted enforcement action.
A targeted enforcement operation uncovered a clandestine factory manufacturing Mephedrone, resulting in seizure of manufactured consignments, raw materials and equipment, sealing of the premises, forensic confirmation that samples contained Mephedrone, and arrest of four individuals including the factory director for alleged illegal manufacture and storage under the NDPS Act.

National Electricity Plan (Transmission) outlines transmission expansion and storage integration to enable large-scale renewable deployment by 2032.
The National Electricity Plan (Transmission) establishes a transmission infrastructure programme to deliver targeted renewable capacity through 2032, detailing additions in transmission lines, transformation capacity and HVDC links, provision for battery and pumped storage integration, and transmission connections for coastal green hydrogen and ammonia hubs.

Production Linked Incentive scheme reopened; applicants face specified reduced incentive tenures under the Scheme guidelines.
The Production Linked Incentive Scheme for White Goods reopened on existing terms, allowing new applicants and existing beneficiaries to apply subject to eligibility conditions and investment schedules. Approved applicants in the third round will be eligible for incentives only for the Scheme's remaining tenure: certain new applicants and beneficiaries moving to higher investment categories qualify for up to three years of PLI, while some existing beneficiaries qualify for up to two years; failure to meet thresholds permits claims under original plans once during the Scheme period.

Integrated infrastructure planning accelerates multimodal coordination and reduces logistics costs through geospatial data integration.
The PM GatiShakti National Master Plan creates an integrated geospatial platform consolidating data from Central Ministries and States/UTs to coordinate multimodal infrastructure planning, accelerate project execution, improve logistics efficiency, and synchronise last mile and intermodal connectivity. States have aligned State Master Plan portals with the NMP and a District Master Plan portal is being developed for collaborative local planning. Complementary mechanisms include GIS based real time monitoring, capacity building courses and workshops, social sector gap identification, promotion of sustainable infrastructure, and secure controlled access to non sensitive planning data.

Centralised Right of Way approvals accelerate telecom infrastructure rollout through the PM Gati Shakti Sanchar portal.
PM Gati Shakti creates a digitally enabled National Master Plan to integrate multi modal infrastructure schemes and standardise data via notified Standard Operating Procedures, while extending implementation to districts through a District Master Plan portal. Complementary instruments-the National Logistics Policy, Unified Logistics Integrated Platform and Logistics Data Bank-unify logistics systems and tracking. The PM Gati Shakti Sanchar portal centralises Right of Way approvals to expedite telecom infrastructure and support rapid 5G deployment, integrating States/UTs and central ministries for coordinated project delivery.

Integrated infrastructure planning under PM GatiShakti aligns transport and aviation projects to enhance multimodal connectivity and last mile access.
The Network Planning Group assessed five road and aviation projects for conformity with integrated planning objectives in the PM GatiShakti National Master Plan, focusing on multimodal integration, last mile connectivity, intermodal links, and synchronized implementation. The review evaluated greenfield and brownfield works - bypasses, highway upgrades, road improvements, and an airport terminal expansion - for effects on travel time reduction, congestion relief, passenger and cargo movement capacity, and ancillary infrastructure, concluding that alignment with Master Plan principles would promote regional accessibility and socio economic development.

Financial inclusion expansion drives higher rural incomes, savings, insurance and literacy, highlighting KCC penetration and programme impacts.
NAFIS 2021-22 documents expansion of rural financial inclusion and related socioeconomic indicators from a survey of one lakh households: nominal rises in average monthly income and expenditure, increased financial savings and saving incidence, broader insurance and pension coverage, gains in financial literacy and financial behaviour, and notable Kisan Credit Card penetration among landholders and recent agricultural borrowers, while highlighting state-level variation and the role of government welfare programmes in supporting these outcomes.

Tax devolution enhanced to include an advance instalment enabling states to accelerate capital and welfare spending.
Union Government effected a tax devolution transfer of Rs. 1,78,173 crore to State Governments for October 2024, comprising the regular instalment plus one advance instalment, to enable States to accelerate capital spending and finance development and welfare-related expenditure; a state-wise breakup of allocations under Net Proceeds of Union Taxes and Duties is provided.

Merger approval: acquisition of personal and home care division consolidates consumer products under the food company acquirer
Merger approval by the Competition Commission of India authorises Patanjali Foods Limited to acquire the Home and Personal Care division of Patanjali Ayurved Limited. The transferred HPC business covers haircare, skincare, dental care and home care products. PFL's activities include edible oil processing, food products, nutraceuticals and consumer goods, while PAL manufactures ayurvedic medicines, HPC items and dairy and trading products. The Commission's detailed order will follow.