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    J-K parties oppose hike in power tarrif
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    T'gana HC CJ calls for timely, expert dispute resolution in telecom, broadcasting, airport sectors
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August 22, 2026
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Power tariff revision faces political opposition over increased consumer electricity costs and conflict with prior free-electricity commitments.
Power tariff regulation in Jammu and Kashmir and Ladakh has been revised through approval of an average tariff increase, effective from 1 September 2026. Political representatives have opposed the increase on the ground that it adds to consumer hardship amid unemployment, inflation, and sectoral difficulties. The criticism also contrasts the revised tariff with prior commitments concerning free domestic electricity and gas.
August 22, 2026
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Recruitment examination integrity prompted enforcement scrutiny and proposed disciplinary inquiry, while an officer's absence was attributed to family emergency.
Reported absence of an IAS officer was attributed to a family medical emergency and a pending leave request, rather than enforcement searches concerning an alleged recruitment-examination scam. The officer denied any connection with those searches and expressed willingness to face an inquiry. Enforcement searches at the Karnataka Public Service Commission concerned a money-laundering investigation into alleged recruitment irregularities. The State Cabinet decided to advise suspension of the commission chairperson and initiation of an inquiry after an earlier suspension was set aside for lacking the Cabinet's aid and advice.
August 22, 2026
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Money-laundering and benami asset allegations prompt enforcement proceedings, while the accused officer's brother calls the action selective targeting.
Enforcement proceedings under the Prevention of Money Laundering Act concern allegations that suspended police officer Vijay Choudhary managed numerous assets through benami transactions and engaged in money laundering. An Anti-Corruption Bureau FIR had already been registered in relation to the allegations. Surinder Choudhary characterised the action as selective targeting but maintained that investigating agencies and the judiciary should address and decide matters concerning his family.
August 22, 2026
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Specialised dispute resolution requires technical expertise, timely proceedings, mediation support, and human oversight to safeguard natural justice.
Specialised, timely and effective dispute-resolution mechanisms are necessary for technically complex disputes in telecom, broadcasting, airport tariffs and cyber sectors. Technology may assist legal reasoning but cannot replace judicial reasoning, requiring verification, professional responsibility and meaningful human oversight. Effective specialised adjudication should combine domain expertise with judicial discipline, respond to technical complexity, and protect natural justice, transparency and reasoned decision-making. Mediation and other consensual mechanisms can support dispute resolution.
August 22, 2026
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Form 15CB certification faces scrutiny where inadequate verification allegedly enables foreign remittances through shell companies and false certificates.
Alleged misuse of Form 15CB certification has resulted in criminal proceedings concerning certificates issued for foreign remittances without verification of underlying documents. Form 15CB requires certification of applicable taxability and tax-deduction particulars for specified remittances to non-residents before processing by an authorised dealer. The allegations concern certificates that potentially enabled cross-border transfers through shell or non-existent companies, involving cheating, false certification, false evidence and common intention.
August 22, 2026
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Beginner stock market investing requires regulated accounts, risk-aware financial planning, diversification and informed company assessment before purchasing securities.
Beginner stock market investing requires a bank account, a trading or broking account with a SEBI-registered broker, and a Demat account for electronic holding of securities. Investments involve risk of loss and should align with financial goals, time horizon and loss-bearing capacity. Investors should understand primary and secondary markets, distinguish long-term investing from short-term trading, assess companies before purchase, diversify holdings, consider charges, maintain records and avoid borrowed-money investing, rumours and momentum-driven decisions.
August 22, 2026
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Capacity-based tobacco taxation targets undeclared packing machinery used for clandestine production and clearance without indirect tax payment.
Clandestine manufacture and clearance of pan masala, scented jarda and tobacco products without registration or payment of GST, HSNS Cess and central excise duty was detected through an intelligence-led search. Undeclared Form-Fill-Seal packing machines, workers, finished goods, raw materials, transport vehicles, packing materials and records indicated unaccounted production and clearance. Capacity-based monthly HSNS Cess for pan masala is computed according to the number, type and capacity of installed packing machines, while a corresponding capacity-based central excise levy applies to chewing tobacco, jarda and gutkha.
August 22, 2026
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Trade exhibition connects Korean exporters with Indian buyers through sector-specific consultations and certification guidance for market entry.
KoINDEX 2026 is a business-to-business trade exhibition bringing Korean manufacturers and exporters together with buyers in India and South Asia. It focuses on beauty and personal-care products, processed and functional foods, and construction, building and safety products. Commercial engagement includes pre-matched export consultations with project owners, contractors, distributors, wholesalers, e-commerce platforms and food distribution businesses. A seminar addresses Bureau of Indian Standards certification and market-entry requirements for Korean products entering the Indian market.
August 22, 2026
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Independent PMLA proceedings require separate anticipatory bail assessment; predicate-offence protection alone cannot establish pre-arrest protection.
Protection in a predicate-offence FIR does not automatically extend to independent PMLA proceedings. Anticipatory bail in a money-laundering investigation must be assessed under the applicable PMLA condition and on the material connecting the applicant to alleged proceeds of crime. Relevant considerations include the financial trail, recorded statements, bank-account analysis, compliance with summonses, cooperation with inquiry, and the need for personal participation in evidence collection and confrontation with documentary and digital material.
August 22, 2026
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Financial accessibility for Divyangjans requires compliance standards, practical implementation measures and stronger institutional capacity across financial services.
Accessibility of financial services for Divyangjans was examined through a workshop focused on public sector banks, insurance companies, regulators and public financial institutions. Discussions covered accessibility standards, compliance requirements, legal provisions, practical implementation challenges and institutional best practices under the Sugamya Bharat initiative. Participants considered operational measures to strengthen institutional capacity, inclusivity and equitable access to financial services.
August 22, 2026
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Audit quality enhancement for small and medium auditors emphasises technology, global standards, inspection insights and stronger financial reporting.
Audit quality and financial reporting reliability were the focus of NFRA's outreach programme for small and medium audit firms. The programme promoted professional capacity-building, alignment with contemporary global standards, adoption of appropriate audit technology, and the public-interest role of the accountancy profession. Technical sessions covered audit strategy documentation, risks of material misstatement, and practical lessons from audit-firm oversight to support improved day-to-day audit practice and high-quality financial reporting.
August 22, 2026
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Cartelisation by agro-input dealer associations attracted monetary sanctions, cease-and-desist directions, and mandatory competition-compliance training for responsible officials.
Cartelisation by the two agro-input dealer associations and named individuals contravened Section 3(3)(b) read with Section 3(1) of the Competition Act, 2002. Monetary sanctions were imposed, and association office-bearers were held liable under Section 48. The parties and liable officials were directed to cease and desist from future anti-competitive conduct and to organise competition-compliance training to promote awareness and compliance within the associations.
August 22, 2026
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Circular economy partnerships promote resilient value chains, resource efficiency and sustainable growth alongside evolving India-EU trade integration.
India-Finland circular economy cooperation is being developed through business, technology, investment and commercial partnerships supporting resource-efficient and sustainable growth. Discussions focused on competitive and resilient value chains based on circularity, traceability, resource efficiency and sustainable business practices. Circular economy principles extend beyond waste management into product design, value chains, resource use, skills development and new business models. The India-EU free trade agreement remains subject to legal review and formal ratification and is not yet in force.
August 22, 2026
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Bid rigging through pre-bid exchange of sensitive price information attracted penalties and cease-and-desist directions in tyre procurement.
Bid rigging in tyre procurement was established where Rekha Agencies and SS Marketing exchanged commercially sensitive price-bid information before submitting bids for the Himachal Pradesh Tender 2013. The concerted conduct contravened the prohibition on anti-competitive agreements and bid rigging. Monetary penalties and cease-and-desist directions were imposed on both enterprises. An official of Rekha Agencies was also penalised for liability arising from the contravention, while proceedings against the official of SS Marketing stood abated following his death.
August 22, 2026
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Import tariffs on Canadian products trigger potential retaliatory levies after bilateral negotiations fail to reach agreement.
Import tariffs on Canadian products are set to be imposed by the United States at a 50% rate after bilateral negotiations did not produce an agreement. The measures cover products including hockey sticks and tongue depressors and affect a limited share of Canada's annual exports to the United States. Canada has indicated possible retaliatory levies, intensifying the bilateral trade dispute.
August 21, 2026
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Rupee exchange-rate movement reflected geopolitical tensions, crude oil conditions and market intervention, while export payment rules expanded rupee invoicing.
Foreign Trade Policy amendments facilitate export invoicing and receipt of payments in Indian rupees. For exports to countries outside the Asian Clearing Union, export contracts and invoices may be denominated in Indian rupees or any foreign currency. The earlier general requirement that export earnings be received in a freely convertible currency is thereby eased, while applicable rules continue to vary according to destination.
August 21, 2026
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Non-controlling land-bordering country ownership permits eligible foreign investment through the automatic route, subject to sectoral conditions and reporting.
Foreign direct investment may use the automatic route where non-controlling beneficial ownership from a land-bordering country in the investor entity does not exceed 10%, subject to sectoral caps, entry routes and other applicable conditions. The beneficial ownership test applies at the investor-entity level. Eligible investors need not obtain separate prior Government approval after reporting relevant information to the Government. The framework replaces the earlier approval requirement applicable even to minimal beneficial ownership from land-bordering countries.
August 21, 2026
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Climate-resilient urban water security modernises Chennai's supply and sanitation systems through ring-main infrastructure, digital monitoring, and safer sewer operations.
Chennai Climate-Resilient Water Security and Sewerage Project modernises and expands water supply and sanitation infrastructure through a loan arrangement between the Government of India and the Asian Development Bank. Measures include new pipelines, upgraded pumping stations, performance-based utility operations, and a comprehensive ring-main system to improve water-pressure balance, distribution efficiency, reliability and climate resilience. Digital monitoring and advanced blockage-detection technology are intended to improve operational decisions, customer responsiveness and worker safety while eliminating hazardous manual sewer inspections.
August 21, 2026
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Capacity-based taxation targets undeclared pouch-packing machinery used for clandestine pan masala and tobacco production and untaxed clearances.
Capacity-based taxation of pan masala and specified tobacco products is determined by the number, type and capacity of installed pouch-packing machines. Searches at interconnected manufacturing and trading premises detected unregistered operations using undeclared machinery for clandestine manufacture and clearance of pan masala, scented jarda and gutkha without payment of GST, HSNS cess and central excise duty. Finished goods, raw materials, packing materials and machinery were seized. The manufacturing firm's proprietor was prima facie identified as managing the operation and was arrested under the applicable cess and central excise laws.
August 21, 2026
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Technology risk oversight requires Urban Co-operative Banks to retain accountability while building shared and role-specific capabilities.
Urban Co-operative Banks must strengthen digital and risk-management capabilities as technology dependence exposes them to cyber threats, fraud, service-provider failures and common-platform vulnerabilities. Outsourcing critical systems does not transfer the bank's responsibility for oversight, safeguards and continuity. Boards and senior management must retain sufficient knowledge to supervise external providers effectively. Mission SAKSHAM supports role-specific, continuous capability building through physical and online learning, while collective infrastructure and shared expertise can supplement individual institutional capacity.

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News and Press Release

Four-Year Achievements & Initiatives of the Ministry of Statistics and Programme Implementation

July 4, 2018

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Union Minister for Statistics and Programme Implementation, Shri D.V. Sadananda Gowda addressed media on the four-year achievements of the Ministry. Shri Vijay Goel, Minister of State for Statistics and Programme Implementation was also present.

2.  The last four years have been very significant years in terms of major policy decisions and adoption of new technology and systems for more efficient and effective data management and dissemination. The major initiatives undertaken during the last four years to further improve statistical system to meet data requirements in emerging socio-economic scenario of the country included the following:

  • The Government adopted the United Nations Fundamental Principles of Official Statistics in 2016 for promoting good practices and professional ethics in production and dissemination of Official Statistics. In furtherance of these Principles, a National Policy on Official Statistics is being evolved.
  • The Collection of Statistics (Amendment) Act, 2017 was enacted to extend the jurisdiction of Collection of Statistics Act, 2008 to the State of Jammu & Kashmir.
  • Base year revision for estimates of Gross Domestic Product (GDP), Index of Industrial Production (IIP) and Consumer Price Index Number (CPI) were carried out. Steps have been initiated for next revision of base years.
  • Government has recently constituted a Committee for Sub-National Accounts under the Chairmanship of Prof. Ravindra H. Dholakia, ex-IIM, to upgrade existing norms and evolve new ones for computation of economic data at State and District levels for revision of the base year of GDP. The earlier such Committee was set up in the year 1972.
  • The Ministry notified General Guidelines on Quality Assurance for Official Statistics in April, 2018 for voluntary compliance by Government agencies for improving quality of statistical products as per the Generic National Quality Assurance Framework endorsed by the United Nations Statistical Commission.
  • The Ministry has also notified General Guidelines on Socio-Economic Indices in April, 2018 to help the Government agencies in improving the quality of indices like the CPI, IIP and WPI.
  • To address the demand for more frequent data on employment and unemployment, the Ministry launched Periodic Labour Force Survey (PLFS) in April, 2017.
  • Draft National Indicator Framework has been developed for monitoring progress on Sustainable Development Goals (SDGs).
  • As part of Digital India Initiative of the Government, the Minsitry introduced new digital technologies for data collection, compilation and dissemination. The Ministry has developed a web based micro data archive to enable users to access the data of socio-economic surveys and economic census.
  • The Ministry has participated in Smart India Hackathon 2018 organised at Hubli for promoting innovation in Official Statistics. The prototype solutions developed by teams of engineering students are being considered for refinements.
  • The National Statistical System Training Academy (NSSTA) of the Ministry has imparted trainings on official statistics to more than 2700 personnel in 132 different courses.
  • Through its scheme of Support for State Statistical Strengthening Program the Ministry has provided financial assistance of ₹ 276 crore to 14 States/UTs for improving their Statistical Systems and more States/UTs are joining the scheme.
  • During the last four years, NSSO has conducted all India surveys on diverse topics of relevance such as Land & livestock holdings, Housing conditions, unorganised Enterprises, Domestic Tourism, education, and health.
  • The results of 6thEconomic Census were released in 2016 to provide a list frame of all enterprises and establishments engaged in various economic activities, and data on nature of activities and employment size.
  • Indian Statistical Institute (ISI) is an autonomous body under the Ministry. The R.C. Bose Centre for Cryptology and Security was set up in the Indian Statistical Institute for conducting research in the field of cryptology and security and organize training courses in the subject area. The ISI has also established Sampling and Official Statistical Unit (SOSU) at Kolkata for undertaking research in the theoretical, applied statistics and economics. Financial support was provided to ISI for development of infrastructure of Tezpur (Assam) Centre.
  • Government has taken various steps to strengthen statistical systems in North-Eastern Region. Funding of ₹ 46.76 crore was provided to North-Eastern States of Sikkim, Mizoram and Manipur States for strengthening of their statistical systems and for improved data flow. Financial Assistance of ₹ 14.80 crore has been provided to the Directorates of Economics & Statistics of NE States to carry out various surveys of NSSO and strengthen and extend the reach of surveys in North-Eastern region.The process of opening of two new Regional Offices of NSSO at Aizwal (Mizoram) and Itanagar (Arunachal Pradesh) and upgrading two Sub Regional Offices at Agartala (Tripura) and Imphal (Manipur) in North-East has been initiated.
  • Consistent to the federal spirit, the Ministry has been conducting annual conferences of Central and State statistical organizations in which common statistical issues are discussed and shorted out.
  • India has been actively participating at various international statistical forums. India hosted the 8th Meeting of Heads of National Statistics Offices of BRICS nations in 2016 at Jaipur, and the 8th Meeting of Heads of SAARC Statistical organizations in 2016 at Delhi. India has also participated in the International Comparison Programme (ICP) of United Nations Statistical Commission over the years.
  • Government has declared 29th June, the birth anniversary of Late Prof. P. C. Mahalanobis, as Statistics Day. A theme is announced on each Statistics Day for focusing attention by statistical agencies for a year. The 12th Statistics Day was celebrated on 29th June, 2018, which was the 125th birth anniversary of Late Prof. Mahalanobis. The theme “Quality Assurance in Official Statistics” was announced on this day. A commemorative coin of ₹ 125 and circulation coin of ₹ 5 denomination were released by Hon’ble Vice President of India.
  • A number of amendments have been made in the Guidelines for Members of Parliament Local Area Development Scheme (MPLADS) during the last four years to cater to the welfare requirements of the general public, including convergence with flagship schemes of the Government. A new Integrated MPLADS portal has been developed for use of all the stakeholders. It provides a single point of reference for all stakeholders including Hon’ble MPs, District authorities and general public at large, thus brining transparency and accountability in execution of works carried out under the Scheme. All MPLAD fund releases are being made only through this website. An informative dashboard has been developed for the MPLADS which provides information at various levels and time lines.
  • The Ministry is responsible for monitoring of Central Sector Infrastructure Projects costing ₹ 150 crore or more. As on 01.03.2018, a total of such 1304 projects are being monitored through Online Computerised Monitoring System (OCMS). During last four years, the number of projects under monitoring has increased from 710 to 1304. The monitoring has resulted in reduction of cost overrun with respect to original cost from 19.4% in March, 2014 to 13.4% in February, 2018 and reduction in the time overrun with respect to original schedule from about 30% in 2014 to 20% in 2018.

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