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August 25, 2026
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Voluntary pharmaceutical export compliance framework promotes legitimate trade while safeguarding controlled substances through information sharing and coordinated capacity building.
The Memorandum of Understanding creates a cooperative framework for legitimate pharmaceutical exports and safeguards against diversion of narcotic drugs, psychotropic substances and controlled precursors. A voluntary, non-binding code of conduct will recommend industry practices without imposing obligations beyond applicable law. Cooperation includes identifying export bottlenecks, streamlining procedures for compliant exporters, capacity-building programmes, lawful and confidential information sharing, and nomination of company contact persons to coordinate voluntary compliance measures.
August 25, 2026
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USD-INR forex swap facility accelerates foreign-currency mobilisation through non-resident deposits and institutional borrowing, strengthening India's external buffers.
USD-INR forex swap facility for FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings enabled banks to access foreign-currency funding through a special swap window. FCNR(B) deposits formed the principal component of the reported foreign-exchange inflows, reflecting participation by non-resident Indians. The FCNR(B) window was scheduled for early closure after the stated mobilisation objective was achieved ahead of schedule, and the inflows were presented as strengthening external buffers through long-term non-resident deposits and institutional funding.
August 25, 2026
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Foreign-exchange intervention moderated rupee depreciation as crude prices, importer dollar demand and geopolitical uncertainty sustained currency-market pressure.
Foreign-exchange conditions reflected a marginal weakening of the rupee against the US dollar, influenced by elevated crude-oil prices, importer demand for dollars, weaker Asian equities and geopolitical uncertainty. The currency remained within a narrow trading band, with RBI dollar sales described as moderating sharper depreciation. The RBI's special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings mobilised substantial foreign-exchange inflows, indicating support from non-resident Indian participants.
August 24, 2026
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Prior government sanction for public servants is contested as essential before money-laundering proceedings may validly proceed for official-duty acts.
Prior prosecution sanction is asserted to be a jurisdictional precondition for money-laundering proceedings against a public servant for acts connected with official duty. A former police officer challenges cognizance and process for want of sanction under the criminal procedure framework and the Maharashtra Police Act, relying on sanctions subsequently granted for co-accused public servants. The allegations concern collection of funds through the officer and their alleged laundering through an educational trust.
August 24, 2026
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Rupee exchange-rate movement gained marginal support from foreign equity inflows despite crude oil, importer demand and geopolitical pressures.
Rupee exchange-rate movement against the US dollar reflected a marginal appreciation, supported by foreign fund inflows into domestic equities. Trading remained within a narrow range amid pressures from higher crude oil prices, continuing importer demand, and geopolitical concerns. Market conditions also included a stronger dollar index, lower Brent crude futures, domestic equity declines, and net foreign institutional investment. Elevated oil prices and geopolitical uncertainty indicated a slight negative bias, while possible US dollar weakness could support the rupee.
August 24, 2026
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Retaliatory trade measures may target electricity, critical minerals and integrated automotive supply chains amid escalating cross-border tariff disputes.
Canada-United States trade relations involve escalating tariffs and contemplated reciprocal restrictions affecting goods, automotive production, electricity exports and critical-mineral supplies. Potential Canadian countermeasures include limiting or increasing the price of Ontario electricity exports and restricting supplies of critical minerals, with oil and potash also identified as possible leverage. The automotive sector faces particular exposure because Ontario production and supply chains are integrated with United States manufacturing. Negotiations also raised concern over limits on Canada's ability to conclude trade agreements with other countries without United States approval.
August 24, 2026
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Mandatory biometric updates for students support continued Aadhaar authentication and access to education, scholarship and benefit-related services.
Mandatory Biometric Update camps have been launched in schools across Tamulpur district, Assam, for eligible students aged 5 to 17 years to update Aadhaar biometrics. Aadhaar biometrics require updating on attaining five years of age and again on attaining fifteen years. Timely updating supports continued Aadhaar authentication and helps avoid difficulties in accessing services where authentication is applicable, including school admissions, entrance-examination registration, scholarships and Direct Benefit Transfer schemes.
August 24, 2026
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Electricity tariff affordability requires immediate review, withdrawal of higher consumer charges, and relief measures for economically weaker households.
Electricity tariff increase in Jammu and Kashmir has been opposed as imposing an unjustified and unaffordable financial burden on domestic consumers amid rising household costs. Immediate review and withdrawal of the increase are sought, together with measures to reduce electricity costs for domestic consumers, particularly economically weaker sections, and ensure affordable, reliable power supply.
August 24, 2026
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Wheat export liberalisation replaces prohibitions to support farm prices while domestic stocks are expected to protect consumer supply.
Wheat and wheat-product exports are liberalised with immediate effect by revising their export policy from prohibited to free. The change covers wheat, wheat flour, maida, semolina and wholemeal atta, replacing the earlier export-ban framework and simplifying exports previously permitted through licences. The measure aims to support farmers amid depressed domestic prices, while adequate domestic availability and buffer stocks are expected to meet demand and moderate consumer prices.
August 24, 2026
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Food safety compliance failures trigger licence suspensions for deficient hygiene, storage, refrigeration, sanitation and valid licensing practices.
Food safety enforcement measures resulted in suspension of food licences or registrations where establishments failed hygiene, food handling, storage, refrigeration, sanitation and licensing requirements. Deficiencies included unsafe temperature control, unclean refrigeration equipment, improper food storage and thawing, inadequate sanitisation, deteriorated or expired materials, deficient oil-quality checks, artificial colouring, pest infestation, cross-contamination risks and inadequate drainage. One outlet was also found to be operating under the name of an establishment without a valid food licence, resulting in suspension of its registration certificate.
August 24, 2026
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Central Board Governance expands through appointments of part-time non-official directors for defined terms, alongside central bank and government representatives.
Appointments to the Reserve Bank of India's Central Board expand its part-time, non-official director membership. Syed Akbaruddin, Annie George Mathew and Janmejaya Kumar Sinha have been appointed for four years from 24 August 2026, or until further orders, whichever occurs earlier. The Central Board also includes the Governor, deputy governors, the economic affairs secretary and the financial services secretary.
August 24, 2026
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Electricity tariff adjustment is linked to inflation and transmission losses, while free household units remain separately implemented.
Electricity tariff increase of 6.83 per cent after four years is presented as necessary in light of inflation and rising costs. Reducing transmission and distribution losses is identified as a means of limiting future tariff increases. Provision of 200 units of free electricity for poor and needy households through solar panels under the Muft Bijli Yojana is treated as distinct from tariff revisions.
August 24, 2026
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Sugar supply management measures target speculative stockpiling through imports, stockholding limits and earlier crushing to moderate prices.
Sugar supply is characterised as adequate, and higher prices are attributed principally to speculative buying and advance stockpiling, alongside lower output, seasonal demand and global price pressures rather than an actual shortage. Duty-free raw sugar imports and stockholding limits are intended to augment availability, curb speculative accumulation and stabilise market sentiment. Imports, existing stocks, special crushing and an earlier crushing season are expected to moderate prices and improve festive-period supply. Ethanol diversion is not identified as a cause of the price movement.
August 24, 2026
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Wheat export policy shifts to free trade, lifting restrictions on wheat flour, maida, semolina and wholemeal atta exports.
Wheat export policy has been revised from prohibited to free with immediate effect, lifting the export ban on wheat and related wheat products. The liberalised export treatment extends to wheat flour, maida, semolina and wholemeal atta. The restriction had been imposed to address rising domestic prices, and its removal is expected to improve international wheat availability.
August 24, 2026
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Bogus input tax credit fraud investigation examines fabricated invoices, circular transactions, layered funds and alleged proceeds of crime.
Investigation into alleged bogus input tax credit fraud involved searches under the anti-money-laundering framework. The alleged scheme involved fabricated invoices and e-way bills without actual movement of goods, circular transactions, layered funds, cash withdrawals and bogus or non-existent entities. GST authorities identified fraudulent availment of input tax credit causing wrongful loss to the government exchequer. The investigation focused on tracing alleged proceeds of crime, identifying beneficiaries, and securing documentary and digital evidence.
August 24, 2026
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Sugar crystallization process integration combines evaporator upgrades, continuous boiling, heat recovery and automation for efficient plantation white sugar production.
Sugar manufacturing process integration is proposed through strengthening an existing evaporator station and adding a sugar crystallization section to convert syrup production into plantation white sugar production. The scope covers design, engineering, equipment supply, erection and commissioning of condensate heaters, falling film evaporators, heat-recovery systems, continuous pans, vacuum systems and crystallizers. Continuous massecuite boiling will use chamber-specific control, while evaporator recirculation and online chemical-cleaning provisions support process control and low-grade vapour utilisation.
August 24, 2026
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Competitive examination preparation supports career pathways in civil services, public employment, management, defence, research and international higher education.
Career-development and competitive-examination preparation is offered alongside academic programmes for civil services, government and public-sector employment, banking, engineering higher education, management, defence, teaching, research and overseas education. UPSC, SSC-CGL, Bank PO, GATE, CAT, CDS, UGC-NET, GRE, GMAT and IELTS preparation includes courses, workshops, mentorship, expert guidance and examination-specific resources. Access to examinations, admissions and career opportunities remains subject to applicable eligibility, selection and institutional criteria.
August 24, 2026
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Corporate governance professionals gain expanded training infrastructure as Hyderabad's new Chapter Office supports Company Secretaries and students.
Institute of Company Secretaries of India has inaugurated a Chapter Office in Hyderabad to expand infrastructure for professional education, training, examinations, meetings, capacity-building programmes and stakeholder engagement. The facility is intended to support Company Secretaries and students and enable wider professional and educational activities. Company Secretaries are identified as corporate governance professionals, with expanding regulatory requirements and the formalisation and listing of micro, small and medium enterprises creating potential demand for qualified professionals.
August 24, 2026
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Diversified pharmaceutical growth combines branded portfolio expansion, contract manufacturing, merchant exports, and regulatory registrations for international market development.
Curis Lifesciences Limited plans a diversified pharmaceutical strategy spanning domestic branded products, contract manufacturing and international market development. Its majority acquisition of Uninova Lifesciences is intended to strengthen own-brand marketing, distribution and portfolio expansion, including injectable products through third-party manufacturing. International initiatives include merchant exports in Kenya and a Nigerian joint venture pursuing own-brand regulatory registrations alongside contract-manufacturing and export opportunities. Commercial development in Nigeria remains contingent on relevant licences and purchase orders, while projections are subject to regulatory, market and other business factors.
August 24, 2026
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Insolvency framework reform prioritises efficient resolution, value maximisation, stakeholder coordination, institutional strengthening and technology-enabled asset recovery.
Insolvency and Bankruptcy Code, 2016, entered its tenth year amid deliberations on legislative amendments, resolution timelines, stakeholder interests and value maximisation. Key areas included resolution plans and tax implications, liquidation processes, recent judicial developments, stakeholder coordination, and the roles of insolvency professionals, regulators, banking institutions and adjudicatory processes. Technological innovation, including artificial intelligence for asset tracing and recovery, alongside regulatory strengthening, capacity building and stakeholder collaboration, was emphasised for the future development of the insolvency ecosystem.

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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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