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    APEDA and Government of Tripura Organise International Organic Buyer-Seller Meet to Expand Global Market Linkages
    WPI inflation eases to 9.78 pc in July on softening in fuel prices
    IDFC FIRST Bank secures its first international rating with Investment Grade from S&P Global Ratings
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August 14, 2026
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International organic buyer-seller linkages support Tripura producers through direct sourcing engagement, market access and sustainable export opportunities.
International Organic Buyer-Seller Meet in Tripura created a direct platform for organic producers, Farmer Producer Organisations, exporters and international buyers to explore sourcing opportunities, market requirements and long-term commercial linkages. Organic and naturally produced goods, including Queen Pineapple, GI-tagged Kalikhasa Rice, organic ginger and turmeric, black sesame, jackfruit and scented lemon, were showcased through product displays and producer interactions. The initiative seeks to strengthen global market access, sourcing partnerships and income opportunities for organic farmers.
August 14, 2026
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Wholesale price inflation moderation was driven by softer fuel prices, while manufactured goods and primary articles recorded higher inflation.
Wholesale price inflation moderated in July, led by a decline in fuel and power inflation and a marginal easing in food-article inflation. Inflation in manufactured products and primary articles increased, making the moderation uneven across groups. Mineral oils, food articles, basic metals, non-food articles, food products, and chemical products remained significant inflation drivers. The output Producer Price Index remained unchanged year-on-year, with lower manufacturing and mining inflation offset by higher agriculture and electricity producer-price inflation.
August 14, 2026
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International investment-grade issuer ratings support expanded foreign-currency funding, trade finance, correspondent banking and cross-border financial market access.
IDFC FIRST Bank's inaugural international investment-grade issuer credit ratings, with a stable outlook, are expected to improve access to international funding markets and global financial counterparties. The rating is intended to support standby letter of credit lines, foreign-currency funding through its GIFT City International Banking Unit, mobilisation of FCNR(B) deposits, correspondent banking relationships and cross-border trade finance. Strong capitalisation, improving profitability, stable asset quality and a granular retail funding profile underpin the outlook.
August 14, 2026
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Clandestine psychotropic drug manufacturing faces enforcement targeting precursor chemicals, concealed laboratories, illicit production networks and trafficking operations.
Enforcement action against clandestine manufacture of psychotropic substances led to the detection of a residential drug-production facility. Searches recovered amphetamine and intermediary forms, precursor chemicals, reagents, raw materials, and manufacturing equipment. Field testing indicated the presence of amphetamine, a psychotropic substance regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985. The recovered apparatus and materials indicated illicit manufacture, while preliminary investigation pointed to short-term, intermittently operated facilities intended to conceal production activities.
August 13, 2026
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International banking unit expands cross-border financing, trade finance and foreign-currency service access through GIFT City operations.
UCO Bank has launched an International Financial Services Centre Banking Unit at GIFT City to provide permitted international banking services. The unit offers trade finance, external commercial borrowings, foreign-currency loans, loan syndication, treasury services and other permitted financial services. It serves Indian corporates, exporters, importers, financial institutions, overseas businesses and other eligible customers requiring cross-border financing and access to global financial markets. FCNR(B) deposits are also offered through the unit.
August 13, 2026
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Last-mile credit access is prioritised through timely lending, wider beneficiary coverage, digital support and stronger fraud vigilance.
Banking-sector participation is emphasised through last-mile credit access for MSMEs, women entrepreneurs, rural artisans, small farmers and other underserved beneficiaries. Banks are urged to expedite government-scheme applications, maximise coverage and use technology for timely financial support. Industrial-policy assistance and incentives cover startups, SC/ST entrepreneurs, persons with disabilities and first-generation entrepreneurs. Greater coordination, expanded village banking access, and vigilance against cyber fraud and mule accounts are also prioritised.
August 13, 2026
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Merchandise trade growth saw rising exports to major markets alongside increased imports and continuing United States trade-pact negotiations.
India's merchandise trade data records increased July exports to the United States and China, alongside growth in imports from both markets. Exports to Singapore, the United Arab Emirates, the Netherlands, Germany, South Africa, Tanzania, Australia, Malaysia, Sri Lanka, Italy and Vietnam showed positive growth, while July exports declined for the United Kingdom, Bangladesh, Saudi Arabia and Nepal. Imports also increased from Russia, Korea, Singapore, Germany, Oman, Malaysia, Taiwan and Brazil. India and the United States are negotiating a trade pact amid an additional United States tariff on India.
August 13, 2026
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GST transport documentation enforcement addresses freight movement of metals without valid e-way bills and invoices under applicable rules.
GST enforcement action led to the seizure of copper and aluminium ingots transported by freight train without valid e-way bills and invoices. The metals were found in three train wagons during inspection of parcel cargo. Further proceedings are to be undertaken under applicable GST rules concerning movement of goods without prescribed transport documentation.
August 13, 2026
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Merchandise trade deficit widens as import growth outpaces exports despite strong petroleum, electronics and engineering shipments.
Merchandise trade in July 2026 saw exports rise 19.63 per cent and imports increase 17.52 per cent, widening the trade deficit to a six-month high. Petroleum products, electronics, engineering goods and marine goods supported export growth, while crude oil and several commodity and capital-goods categories increased imports. During April-July 2026-27, faster import growth widened the cumulative merchandise trade deficit compared with the corresponding prior-year period.
August 13, 2026
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Bribery allegations in GST enforcement prompted arrest after alleged payment demand to avoid a tax-liability notice.
Bribery allegations involving GST enforcement led to the arrest of a CGST Superintendent after a complaint alleged that payment was demanded from a private company to avoid issuance of a tax-liability demand notice and to close the matter. A trap operation resulted in the public servant being apprehended while allegedly accepting part of the demanded bribe, and the amount accepted was recovered. Searches were undertaken, and investigation remained ongoing.
August 13, 2026
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Trade performance shows rising merchandise and services exports, but faster import growth expands the overall trade deficit.
India's combined merchandise and services exports and imports increased in July 2026 and April-July 2026-27, while the overall trade deficit widened. Cumulative exports were estimated at US$ 316.42 billion and imports at US$ 365.85 billion, resulting in a trade deficit of US$ 49.43 billion. Merchandise exports, non-petroleum exports, and exports excluding petroleum and gems and jewellery grew, led by petroleum products, electronic goods, engineering goods and chemicals. Services trade recorded a cumulative surplus of US$ 69.17 billion.
August 13, 2026
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Student GIC referral programmes integrate connectivity credits with funding verification and post-arrival banking arrangements for eligible international students.
Referral arrangements connect mobile connectivity benefits with the Student Guaranteed Investment Certificate application journey. Applicants may access an online portal through a referral link, submit documents, complete know-your-customer verification, and fund the GIC from permitted Indian bank accounts in no more than two transactions. After arrival, students may activate the GIC account and open a linked bank account for receipt of GIC transfers. Eligible verified applicants receive non-cash mobile credits usable only against mobile bills, subject to a cap on the bill portion payable through credits.
August 13, 2026
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Global Capability Centre banking support connects offshore and onshore operations to simplify financial management and enable cross-border expansion.
Global Capability Centre banking support is positioned around connected offshore and onshore banking, international network access, digital banking platforms, and expertise in treasury centres, cross-border corporates, and evolving GCC operating models. The approach seeks to simplify financial operations and support GCC expansion across global markets. India's GCC ecosystem is characterised as a leading global capability hub, with capability centres evolving into strategic enterprise hubs requiring support for operational and financial complexities across markets.
August 13, 2026
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Investment banking registration enables regulated cross-border offerings, listings, debt transactions and capital-market advisory through GIFT City.
IFSCA registration under the IFSCA (Capital Market Intermediaries) Regulations, 2025 authorises Nexent Capital IFSC Private Limited to operate as an investment banker from GIFT City. Permitted activities include management of initial and follow-on public offerings, SPAC and secondary listings, depository receipt issuances, debt capital-market transactions, and other capital-market advisory mandates. The firm proposes to provide transaction structuring, listing-readiness, execution and post-listing capital-markets support for companies seeking capital raising and listing opportunities through GIFT City's exchanges.
August 13, 2026
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Merchandise export growth was driven by petroleum, electronics, engineering and marine goods, while rising imports widened the trade deficit.
India's merchandise exports increased in July, while imports also rose and widened the trade deficit. Export growth was attributed to higher overseas shipments of petroleum products, electronics, engineering goods and marine goods. Exports and imports both recorded growth during the April-July fiscal period, and exports to West Asian countries increased in July.
August 13, 2026
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EXIM operations at international seaport to commence after customs clearance, bonded-area establishment, and temporary highway connectivity.
Vizhinjam International Seaport is scheduled to commence EXIM operations after Customs clearance, issuance of Customs notifications, establishment of a Customs-bonded area, and temporary connectivity to NH-66. The port had previously handled transshipment operations. A proposed transfer of a stake in the port concessionaire to a foreign shipping company remains under committee examination and requires Central Government consideration of strategic and security aspects.
August 13, 2026
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Renewable energy reliability requires storage, grid readiness and ancillary service markets alongside competitive clean-power procurement.
Renewable energy procurement is shifting beyond lowest tariffs towards dependable, dispatchable and affordable clean power, assessed through capacity value, balancing capability and system economics. Storage-backed renewable and hybrid projects can improve renewable utilisation, reduce variability and curtailment, and support peak demand. Higher renewable penetration also requires supportive storage policies, timely approvals, aligned intrastate transmission planning, stronger distribution infrastructure, and market mechanisms for ramping reserves, frequency response and fast-response balancing services.
August 13, 2026
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Accredited Investor certification facilitates eligible investors' access to alternative investment products, lower thresholds and applicable regulatory flexibilities.
SEBI's Accredited Investor framework enables eligible investors and entities to obtain certification that may allow lower minimum investment thresholds for Portfolio Management Services, Alternative Investment Funds and other alternative investment products, along with applicable regulatory flexibilities. PMS Bazaar and NSDL Database Management Limited's Accreditation Agency facilitate end-to-end applications, subject to required documentation and prescribed payment. Assistance is available to individual investors and eligible clients of investment providers without additional platform, service or processing charges, while prescribed certification fees remain payable.
August 13, 2026
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Manufacturing GVA growth under the revised national accounts series highlights stable sectoral contribution and resilience-focused industrial measures.
Manufacturing performance is assessed under the revised National Accounts Statistics series using 2022-23 as the base year. Manufacturing's share of total Gross Value Added at current prices remained broadly stable through 2025-26, and Manufacturing GVA at constant prices achieved a compounded annual growth rate of 10.88% from 2022-23 to 2025-26. Production Linked Incentive schemes, logistics and industrial-corridor measures, semiconductor initiatives, and MSME support seek to strengthen domestic manufacturing, diversify supply chains, reduce import dependence, and improve resilience.
August 13, 2026
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Electronic inspection and certified copies expand digital access to judicial records while supporting efficient case management and reduced delays.
NCLT has launched e-Inspection and e-Certified Copy Services for faster and more convenient access to judicial records and certified copies by advocates, litigants and other stakeholders. The services support a technology-enabled Registry framework and transparent, efficient justice delivery. Pendency monitoring, workload redistribution, Special Benches, maximisation of court time, and registration and listing guidelines are intended to improve case management, optimise limited judicial resources and reduce avoidable delays.

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News and Press Release

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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