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August 26, 2026
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Sugar price-control measures combine raw-sugar imports, stockholding limits and export restrictions to curb retail price pressures.
Sugar price-control measures combine authorised raw-sugar imports, stockholding limits for dealers and bulk consumers, and an existing export prohibition to address elevated domestic prices. Imports are permitted within the specified period, while stockholding restrictions seek to curb speculation and hoarding. Retail prices continued to rise despite lower ex-mill prices, and the regulatory approach focuses on augmenting supply, limiting stock accumulation, and preventing export-related pressure on domestic availability.
August 26, 2026
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Alternative dispute resolution enabled settlement of long-pending disputes, alongside reporting on court administration and regulatory compliance concerns.
Legal developments include resolution of long-pending tenancy, commercial and property disputes through a special Lok Adalat mechanism, including a digitally signed international settlement. Other matters concern a challenge to a riot-related murder conviction, allegations of administrative irregularities and selective case listing, fast-track court pendency, cancellation of a recruitment process following suspected examination malpractice, fraudulent identity documents used to claim citizenship, medical-qualification standards, and opposition to uranium exploration and mining.
August 26, 2026
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MSME co-lending supports digital paperless credit delivery through rural banks for underserved rural and semi-urban enterprises.
SIDBI-RRB MSME co-lending arrangement is proposed for expansion to increase credit access for micro, small and medium enterprises in rural and semi-urban areas. The arrangement combines SIDBI's understanding of MSME credit requirements with Regional Rural Banks' local reach. SIDBI's Co-Lending Origination Platform provides an end-to-end digital credit process intended to enable faster, paperless loan processing, in-principle sanction communication, documentation and direct account disbursement without branch visits.
August 26, 2026
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Input tax credit mismatch alone cannot support fraud-based GST demand without an assessing officer's recorded satisfaction of fraud or suppression.
Section 74 GST demand proceedings require the assessing officer's independent satisfaction of fraud, wilful misstatement or suppression of facts. An input tax credit mismatch or alleged short payment alone cannot establish these conditions. Unsupported assertions of suppression for invoking extended limitation are insufficient, and audit objections cannot replace the assessing officer's satisfaction. A show cause-cum-demand notice lacking factual allegations of a deliberate device to evade tax or avail excess input tax credit is vulnerable.
August 26, 2026
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Fraudulent Aadhaar procurement exposes identity-verification gaps and prompts disclosure, expedited investigation, deportation, and statutory review measures.
Fraudulent procurement of Aadhaar and other identity documents by foreign nationals who infiltrate borders may undermine identity verification, immigration control and national security. Coordinated action is required to trace and deport such persons, prevent re-entry, strengthen document verification, and complete investigations without delay. Amendments to the Aadhaar Act are to be considered to assist investigating agencies, while a dedicated procedure is required to address border infiltration and human trafficking. Aadhaar enrolment records are to be supplied to police, followed by timely deportation proceedings.
August 26, 2026
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Foreign investment liberalisation proposals receive industry support, subject to preserving AIF treatment, grandfathering, and prospective application.
Proposed foreign-investment liberalisation, including treatment of stakes below 10 per cent and a greater role for market forces in valuation, is welcomed. Preservation of the existing treatment of Alternative Investment Funds under the IOCC framework is emphasised, together with grandfathering of transactions and funds undertaken under the current regulatory position. Newly introduced requirements should operate prospectively to support a simpler, predictable and investment-friendly foreign-investment framework.
August 26, 2026
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India market expansion guides Nestle 's volume-led growth, export-hub development and long-term investment without compromising product quality.
Nestle 's India strategy focuses on volume-led growth, wider consumer reach, portfolio development, efficiency improvements and sustained long-term investment. Growth is intended to combine increased household penetration with pricing, premiumisation, affordability and value offerings. India is also intended to develop further as a production and export hub for global markets, supported by manufacturing capacity and expanding overseas supplies. Product quality and consumer interests remain constraints on the pace of expansion.
August 26, 2026
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Credit awareness through regular score and report review supports responsible borrowing, error detection, and informed credit management.
Free online access to the Credit Pulse Report is available through the Bajaj Finance website. Users verify their registered mobile number through OTP authentication, provide identifying particulars including PAN and date of birth, and then view the available credit score. The report may be reviewed and downloaded to examine repayment history, active credit accounts, recent enquiries and other recorded credit information. Periodic review can help identify unfamiliar accounts, inaccurate repayment records, overdue amounts, unupdated information and changes in credit utilisation.
August 26, 2026
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Credit lifecycle consistency requires facility-specific treatment so UPI-linked credit records, repayments and customer obligations remain aligned.
CARD91's Credit Lifecycle Consistency Framework calls for facility-specific treatment of Credit Line on UPI transactions and continuing credit events. Credit limits, outstanding balances, repayments, refunds, reversals and EMI conversions should be accurately connected to the relevant customer account and applied according to the underlying facility's terms. Bank policy, customer consent, transaction controls and portfolio actions should remain aligned. Customer-facing applications, statements and alerts should consistently reflect available credit, outstanding obligations and repayment schedules, while disputes and manual corrections follow documented, reviewable processes.
August 26, 2026
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Non-revolving credit lines require term-loan structures supporting multiple drawdowns without replenishing sanctioned limits for NBFC lending products.
Proposed restrictions on revolving credit facilities for most NBFCs would generally require credit products to operate as term loans, rather than facilities in which principal repayment automatically restores the available borrowing limit. Compliance may require technology capable of managing multiple drawdowns within an approved sanction, separate repayment schedules, amortisation and servicing workflows, while preventing repaid principal from replenishing the sanctioned limit.
August 26, 2026
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Reciprocal trade tariffs intensify as negotiations confront market access, cultural protections, industrial safeguards, and sovereignty concerns.
US-Canada tariff escalation involves reciprocal import duties following failed negotiations over market access and trade in dairy, alcoholic beverages, automobiles, steel, aluminium and softwood lumber. United States tariff action relies on a rarely used trade-law power permitting duties against countries considered to discriminate against American businesses, without a prior investigation or stated time limit. Negotiations also raised concerns about protection of major industries, cultural protections and Canada's freedom to conclude trade agreements with other countries.
August 26, 2026
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Diaspora engagement supports skilled mobility, investment links, remittances, and citizen welfare while encouraging compliance with local laws.
Indian diaspora engagement in Japan supports bilateral goodwill, business links, investment opportunities and people-to-people ties. Skilled Indian professionals are encouraged to understand local requirements, learn Japanese language and culture, and pursue opportunities in healthcare, trades, engineering, artificial intelligence, accountancy and maritime work. Diaspora members are also encouraged to maintain connections with India, contribute through digital education and knowledge-sharing, and comply with local laws and regulations. Remittances and government support for citizens' welfare, safety and crisis assistance abroad are recognised as important aspects of diaspora engagement.
August 26, 2026
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Semiconductor and AI cooperation advances through industry engagement, investment facilitation, and accelerated economic partnership review.
India-Japan cooperation in semiconductors and artificial intelligence is being strengthened through industry engagement, investment facilitation, technology partnerships and an economic-security-oriented framework. India's semiconductor strategy covers chip design, machinery and materials, fabrication, ATMP/OSAT, research, and talent development, supported by Semicon India initiatives. Bilateral engagement also seeks to address industry concerns, expand manufacturing and innovation partnerships, and accelerate review of the Comprehensive Economic Partnership Agreement to reflect emerging economic opportunities.
August 26, 2026
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Virtual trader engagement platform strengthens weekly grievance feedback, policy information sharing, and institutional dialogue between government and trading communities.
The Virtual Conference Interaction Meetings provide a weekly, accessible forum for retail traders to engage with the Government, receive information on relevant schemes, policies and reforms, and submit grievances and suggestions. The platform enables recurring concerns to be identified and communicated to concerned Ministries and Departments for consideration and redressal. It seeks to strengthen institutionalised dialogue, feedback, transparency, trust and cooperation between the Government and the trader community.
August 26, 2026
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Competition clearance for full acquisition permits Cyient to acquire Tao Digital Solutions, a global digital transformation and technology services provider.
Competition Commission of India approved Cyient Limited's acquisition of 100% of Tao Digital Solutions Inc.'s share capital from its existing shareholders. The full share capital acquisition transfers complete ownership of Tao Digital Solutions to Cyient. Tao Digital Solutions provides global digital transformation and technology services, including product engineering, managed services, cybersecurity, payments, digitization and AI, cloud services, and data services, and operates in India through its wholly owned subsidiary, Tao Digital India Private Limited.
August 26, 2026
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Competition clearance for full coal-sector acquisition addresses limited Indian market links through metallurgical and thermal coal sales.
Competition approval covers Yancoal Australia Limited's acquisition of 100% equity interest and warrants in Kestrel Coal Group Pty Ltd. The target holds an 80% interest in the Kestrel Joint Venture, which operates a Queensland coal mine producing principally metallurgical coal and a smaller volume of thermal coal. Neither the acquirer nor the target has a physical presence in India. Their Indian nexus is limited to coal exports and the joint venture's sales of metallurgical coal into India.
August 25, 2026
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Customs classification of unassembled vehicle imports requires fresh hearing after reserved tax challenge was released without verdict.
The dispute concerns customs classification of imported unassembled vehicle parts. Customs authorities allege that parts imported in separate shipments should have been declared as completely knocked down (CKD) units, attracting the higher duty applicable to CKD imports, rather than as individual components subject to lower duty. The manufacturer contests the resulting customs demand. Proceedings have been released for fresh hearing before the regular indirect-tax writ bench, with status quo maintained for four weeks.
August 25, 2026
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Retaliatory tariffs on imported goods escalate trade measures, targeting key sectors while maintaining support for affected domestic businesses.
Canada has imposed retaliatory tariffs on United States-origin industrial and consumer goods following increased United States tariffs on Canadian goods. Effective 8 September, the measures apply at rates of 15%, 25% and 50% across more than 700 products, including steel, aluminium, appliances, dairy products, seafood, furniture, clothing, pulp and paper, and electronics. Existing countertariffs on automobiles remain in force. The measures seek to protect domestic businesses and reduce imports, supported by assistance for affected workers and businesses amid risks to integrated cross-border supply chains.
August 25, 2026
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Foreign-exchange market intervention and lower crude prices supported rupee appreciation, while USD/INR remained range-bound amid shifting dollar conditions.
Foreign-exchange market conditions supported rupee appreciation against the US dollar, driven by stronger domestic equity markets, a weaker US dollar and lower crude oil prices. The USD/INR pair remained broadly range-bound, with oil-price movements and Reserve Bank intervention identified as key near-term influences. The special USD-INR foreign-exchange swap facility for FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings mobilised substantial foreign-exchange inflows.
August 25, 2026
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Section 301 tariffs may have lower impact where major exports remain outside their scope amid resilient domestic demand.
Economic resilience is attributed to buoyant domestic demand, increased manufacturing and services activity, improving liquidity conditions, credit growth, investment activity and rebounding foreign capital inflows. Recovery in the southwest monsoon improved kharif sowing and reservoir storage, partly mitigating agricultural-sector risks. US Section 301 tariffs are expected to have a comparatively lower effect because major Indian exports to the United States, including smartphones, petroleum products and pharmaceuticals, remain outside their scope. Foreign direct investment improved with higher gross inflows, while outward foreign direct investment continued to decline.

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Per Capita Income

August 3, 2017

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The estimates of national income (measured as net national income) and per capita income (measured as per capita net national income) of the country during the last three years are as under:

Item (at current prices)

2014-15

2015-16

2016-17

Net National Income (Rs. crore)

10953761

12076882

13408211

Per Capita Net National Income (Rs.)

86454

94130

103219

Annual estimates of net state domestic product (NSDP) and per capita income (measured as per capita NSDP) are compiled by all the States/UTs except UTs of Daman & Diu, Dadra & Nagar Haveli and Lakshadweep. As per latest reports, data for the 33 States/UTs is available till the year 2014-15. The information is given in the statement at Annexure-I.

The Government has been implementing several programmes for skill development, self-employment, wage employment and creation of assets that aim to promote inclusive growth and thereby bridge the income gaps.  These include Deendayal Antyodaya Yojana-National Urban Livelihood Mission (DAY-NULM) of the Ministry of Housing and Urban Poverty Alleviation (MHUPA) and various rural development schemes of the Department of Rural Development (DRD), namely,  Mahatma  Gandhi  National  Rural  Employment  Guarantee  Scheme  (MGNREGS), Pradhan  Mantri  Awaas  Yojana Gramin  (PMAYG),  Pradhan  Mantri  Gram  Sadak  Yojana (PMGSY), Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAYNRLM) and Deen  Dayal  Upadhyaya-Grameen  Kaushalya  Yojana  (DDU-GKY).

 The State/UT-wise details of per capita income for the year 1989-90 (before 1991 economic reforms) and for the year 1992-93 (after 1991 economic reforms) are given in the statement at Annexure-II. State/UT-wise per capita income for the year 2014-15 (latest available) is included in the statement given at Annexure-I.

Level of inequality is assessed in terms of Lorenz ratios of monthly per capita expenditure distribution using consumer expenditure data of the National Sample Survey Office (NSSO). The NSSO 68th round report for the year 2011-12 noted that there was an increase in inequality (in terms of Lorenz ratio) from 0.297 to 0.307 for the rural sector and from 0.373 to 0.385 for the urban sector, when compared to the data of 61st round for the year 2004-05. Reasons for increase were not surveyed.

Comparison of inequality in terms of Lorenz ratios at State level based on NSSO 68th round (2011-12) data and 66th round (2009-10) data indicates that inequality in rural sector increased in all States/ UTs except for Sikkim, Bihar, Jharkhand, Odisha, Andhra Pradesh, Uttarakhand, Chhattisgarh, Haryana, Madhya Pradesh and Punjab. During this period, in respect of the urban sector, inequality increased in Manipur, Mizoram, Jammu and Kashmir, Rajasthan, Tamil Nadu, Delhi, Odisha, Chhattisgarh, Arunachal Pradesh, Uttarakhand, Karnataka, Haryana and Kerala.

This information was given by Minister for Statistics and Programme Implementation Shri D.V. Sadananda Gowda in a written reply to a question in Lok Sabha.

***

RDS/nb

Annexure-I

Statement referred to in reply to parts (a) & (b) of Lok Sabha Unstarred Question No. 2831 for 02.08.2017

State/UT-wise NSDP (Rs. crore) and Per Capita Income (Rs.) at current prices as on 31.03.2017

S. No.

State/UT

NSDP

Per Capita Income

2014-15

2014-15

1

Andhra Pradesh

469909

93699

2

Arunachal Pradesh

15410

103633

3

Assam

178479

54618

4

Bihar

345571

31380

5

Chhattisgarh

211016

78001

6

Goa

36290

242745

7

Gujarat

789949

124678

8

Haryana

395890

148485

9

Himachal Pradesh

88196

124500

10

Jammu & Kashmir

83217

62857

11

Jharkhand

198386

56737

12

Karnataka

843918

132880

13

Kerala

473045

139195

14

Madhya Pradesh

429896

56182

15

Maharashtra

1572037

134081

16

Manipur

16189

52436

17

Meghalaya

21838

68202

18

Mizoram

10136

85659

19

Nagaland

16137

78526

20

Odisha

282322

64869

21

Punjab

332999

114561

22

Rajasthan

554783

76881

23

Sikkim

13318

210394

24

Tamil Nadu

970953

130197

25

Telangana

462636

125832

26

Tripura

27484

71666

27

Uttar Pradesh

925437

43861

28

Uttarakhand

142628

134784

29

West Bengal#

728974

   78903

30

Andaman & Nicobar Islands

5025

121954

31

Chandigarh

25061

225369

32

Delhi

447435

249004

33

Puducherry

21776

158830

#Estimates for the State of West Bengal are at base year 2004-05. Estimates for the remaining States are at base year 2011-12.

Annexure-II

Statement referred to in reply to part (b) of Lok Sabha Unstarred Question No. 2831 for 02.08.2017

State/UT-wise Per Capita Income (Rs.) at current prices

S. No.

State/UT

1989-90

1992-93

1

Andhra Pradesh*

3899

5748

2

Arunachal Pradesh

4461

7514

3

Assam

3723

4973

4

Bihar*

2312

2998

5

Goa

7988

12800

6

Gujarat

5304

8235

7

Haryana

6233

9037

8

Himachal Pradesh

4375

6390

9

Jammu & Kashmir

3618

4457

10

Karnataka

4044

6321

11

Kerala

3718

5768

12

Madhya Pradesh*

3306

4544

13

Maharashtra

6570

10080

14

Manipur

3574

5023

15

Meghalaya

3836

5272

16

Mizoram

4135

6599

17

Nagaland

4300

6273

18

Odisha

3218

4114

19

Punjab

7624

11140

20

Rajasthan

3241

5197

21

Sikkim

4686

5722

22

Tamil Nadu

4370

6680

23

Tripura

3185

3773

24

Uttar Pradesh*

3087

4335

25

West Bengal

4220

5541

26

Andaman & Nicobar Islands

5334

6277

27

Delhi

10019

15429

28

Puducherry

6231

7584

*: Estimates for Chhattisgarh, Jharkhand, Uttarakhand and Telangana are included in the estimates of Madhya Pradesh, Bihar, Uttar Pradesh and Andhra Pradesh respectively.

 Note: The UTs of Chandigarh, Daman & Diu, Dadra & Nagar Haveli and Lakshadweep did not compile these estimates.

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