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October 19, 2026
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Narcotics trafficking enforcement led to airport and road interceptions, baggage concealment detection, seizures, and arrests under the NDPS framework.
Narcotics trafficking enforcement under the Narcotic Drugs and Psychotropic Substances Act, 1985, involved intelligence-led interceptions at Bengaluru and Delhi airports and near Nagpur. Passenger baggage and a backpack were examined, leading to the seizure of amphetamine and cocaine and the arrest of three passengers. The recoveries included amphetamine concealed in baggage, a ladies' suit and a backpack lining, and cocaine contained in transparent packets within baggage.
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Directorate of Revenue Intelligence enforcement action identified an organised gold-smuggling syndicate importing foreign-origin gold through Ahmedabad and Surat airports, followed by handover to handlers, intermediary routing, illegal melting, and cash-based supply through an Ahmedabad jewellery outlet. Further searches recovered undocumented foreign-origin gold bars and records concerning smuggled gold linked to a Dubai-based financier. The investigation identified interconnected roles across the movement, processing, and disposal of smuggled gold; three persons were arrested under the Customs Act, 1962.
October 19, 2026
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Free trade agreement utilisation requires origin compliance, product standards, and documentation to secure preferential export market access.
Effective FTA utilisation requires businesses to identify eligible products and markets, assess tariff preferences and rules of origin, and meet applicable quality, certification, documentation and importing-country requirements. Preferential access under agreements with the UAE, Australia, EFTA countries and the United Kingdom remains subject to each agreement's provisions and implementation status. Tariff preferences may improve price competitiveness and facilitate participation in international supply chains where product- and partner-specific conditions are satisfied.
October 19, 2026
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Drug prevention awareness initiatives engage students through health education, interactive activities and pledges supporting a drug-free society.
Mission Yuva Raksha advances preventive drug awareness and demand-reduction efforts among students through programmes at educational institutions in Madhya Pradesh. Sessions addressed the harmful effects of substance abuse on physical and mental health, education, family life and careers, supported by interactive learning activities. Participants were encouraged to avoid drugs, adopt healthy lifestyles, take pledges and support awareness initiatives in their schools, families and communities. Preventive education and youth engagement complement enforcement-oriented work through informed choices and community-based resistance to substance abuse.
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Coastal narcotics trafficking enforcement addresses suspected maritime methamphetamine smuggling through seizure, asset recovery, and arrests under drug-control law.
Intelligence-led narcotics enforcement addressed suspected coastal storage and maritime transfer of methamphetamine to Sri Lanka. Searches recovered crystal methamphetamine concealed in foil packets within duffel bags, which was seized under the Narcotic Drugs and Psychotropic Substances Act, 1985. Searches also recovered suspected drug-sale proceeds and vehicles allegedly used in transportation. Persons allegedly involved in organising coastal export, transport, storage and logistics were arrested and remanded to judicial custody.
October 17, 2026
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Centralised audit framework targets lower physical branch audit coverage while preserving regulatory oversight and maintaining remuneration.
For FY 2026-27, audit remuneration is to remain at existing levels. Member banks are advised to accelerate a centralised audit framework to improve cost efficiency while retaining comprehensive risk oversight. Physical statutory branch audit coverage should be reduced to cover 50% of total business, apart from centralised treasury audits. Audit coverage must align with SEBI listing and disclosure requirements and RBI guidelines, supported by a Board-approved policy for the centralised audit roadmap.
October 17, 2026
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Promissory estoppel cannot prevent Government shareholding dilution where enacted legislation imposes no restriction on strategic disinvestment.
Government shareholding in IDBI may be reduced or divested because the IDBI (Repeal) Act, 2003 contains no restriction on dilution of the Government's stake. A proposed amendment to limit dilution was rejected and not incorporated into the enacted law. Parliamentary statements cannot override statutory text, and promissory estoppel cannot be invoked on the basis of legislative debate statements to prevent dilution of Government shareholding. Successive Union Budget speeches also reflected a policy of transformation and strategic disinvestment of IDBI Bank.
October 16, 2026
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Recipient-generated e-invoicing under reverse charge enables eligible taxpayers to obtain IRNs for domestic unregistered supplies and imported services.
Eligible active registered recipients meeting the applicable aggregate annual turnover threshold may report recipient-generated self-invoices for specified reverse-charge domestic supplies from unregistered persons and imports of services. RCMDOM and RCMIMP must be selected as the relevant e-invoice supply types when reporting through an authorised Invoice Registration Portal. Submission and validation of prescribed invoice particulars would generate an Invoice Reference Number, subject to applicable GST provisions, notifications and e-invoice specifications.
October 16, 2026
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Reservation Policy Implementation in public financial institutions was examined through capacity building, practical deliberations, and measures for consistent application.
Implementation of the Government of India's Reservation Policy across public sector banks, public sector insurance companies, sectoral regulators and public financial institutions was addressed through capacity building to support uniform and effective application. Deliberations considered practical implementation issues, operational challenges and actionable measures for consistent policy application, alongside related welfare measures and interactive discussion of implementation questions.
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Organic agricultural export certification supports overseas market access for Palmyra Jaggery Powder through export-oriented producer linkages.
APEDA facilitated the maiden sea export of NPOP- and EU-certified organic Palmyra Jaggery Powder from Tamil Nadu to Bulgaria. The initiative seeks to diversify India's organic export basket, create market linkages for traditional Palmyra-based products, and improve producer access through export-oriented value chains. It covers organic cultivation and reports improved price realisation for participating farmers and the manufacturer compared with the domestic market. APEDA supports certified organic and value-added agricultural exports through market development, quality compliance, and overseas buyer linkages.
October 16, 2026
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Data-driven trade governance enables integrated monitoring, application analysis and evidence-based policy inputs through the National Strategic Trade Command Centre.
The National Strategic Trade Command Centre provides an integrated analytics and visualisation platform consolidating trade data to monitor trade indicators, scheme performance, application pendency, processing timelines, regional trends and compliance-related parameters. It enables analysis across national trade performance, Regional Authorities, schemes, products, destination markets and individual applications, subject to role-based access permissions. Initial dashboards cover key trade-facilitation and regulatory processes, including SCOMET, export promotion schemes, certificates of origin, importer-exporter registration and restricted imports and exports.
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Private capital mobilisation should use competitive financing, guarantees and risk mitigation to expand productive employment and productivity.
Private capital mobilisation is treated as essential to employment generation and productivity growth. Private enterprises, MSMEs and startups should remain central to job creation, with financing assessed by employment and productivity outcomes rather than volume. Guarantees, risk-mitigation instruments, local-currency financing and lower transaction costs are identified as means to expand affordable and predictable access to capital. Methodologies underlying governance indicators should be transparent, objective, evidence-based and responsive to diverse development experiences.
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Narcotics smuggling through misdeclared air cargo triggered seizure, arrest, and ongoing investigation into concealed hydroponic weed imports.
A Bangkok-origin air-cargo consignment declared as PU Tubes was examined on suspicion of mis-declaration. Plastic spools were found to contain concealed cavities holding polythene-wrapped packets of compacted green substance, preliminarily identified as suspected ganja/marijuana and described as hydroponic weed. The concealed substance, packaging and concealment material were seized under the NDPS Act, 1985. One person was arrested, and follow-up searches produced leads for continuing investigation.
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Unaccompanied baggage gold smuggling: concealed hardware and insider coordination triggered interception, seizure, and arrests under customs law.
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Opium cultivation licensing grievance redressal advances through public hearings, administrative remedies, policy recording, and a planned cultivator helpline.
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October 16, 2026
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Illicit cannabis cultivation: crop destruction followed legal formalities, while investigation continues in a remote wildlife sanctuary.
Illicit cannabis cultivation was located by a joint DRI and CBN team across five stretches of remote, densely forested wildlife-sanctuary land near village Jamniapani, Shirpur, District Dhule, Maharashtra. The cultivation covered 2.87 hectares. Following requisite legal formalities, the cannabis crop was destroyed using a rotavator in the presence of Police and Forest Department officials. Investigation remains in progress.
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Merchandise and services trade estimates show export growth, import expansion, and a wider combined trade deficit over the reporting period.
Combined trade estimates for April-September 2026-27 show exports of US$ 476.20 billion and imports of US$ 551.13 billion, resulting in a trade deficit of US$ 74.93 billion. Merchandise exports rose to US$ 259.89 billion, while merchandise imports reached US$ 437.53 billion. Estimated services exports were US$ 216.31 billion and services imports were US$ 113.60 billion, producing a services trade surplus of US$ 102.71 billion. September services figures are estimates, and specified earlier-period data were revised using quarterly balance-of-payments data.
October 15, 2026
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Emerging technology skills and resilient supply chains are positioned as foundations for investment competitiveness and inclusive economic growth.
Ministerial policy priorities for India's trade, investment and technology agenda emphasise artificial intelligence, cybersecurity, technology adoption, manufacturing investment and lifelong skill development. Investment competitiveness is linked to political stability, resilient supply chains, and fair and transparent trading practices. The first tranche of a bilateral trade agreement with the United States has been finalised, while final contours and legal drafting continue before operationalisation.
October 14, 2026
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Majority stake acquisition in the jewellery sector receives competition clearance for GRT Jewellers' purchase of Tribhovandas Bhimji Zaveri.
Competition Commission of India approved GRT Jewellers (India) Private Limited's proposed acquisition of a majority stake in Tribhovandas Bhimji Zaveri Limited. The transaction concerns entities operating in the Indian gems and jewellery market, including a private limited acquirer and a publicly listed target engaged in manufacturing and sale of gems and jewellery.
October 14, 2026
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Minority shareholding acquisition in mother and baby healthcare receives competition clearance for a private equity-backed investment.
Competition Commission of India clearance authorises NuageLux BidCo S.a r.l. to acquire approximately 23% of the fully diluted shareholding in Kids Clinic India Ltd. The transaction constitutes an acquisition of a minority equity interest in a healthcare provider operating under the Cloudnine brand. NuageLux BidCo is a Luxembourg-incorporated private limited special purpose vehicle, ultimately controlled by Permira Holdings Ltd.

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Creating Income Generating Activities and Employment under Mudra Yojana

July 24, 2018

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Ministry of Finance

Posted On: 24 JUL 2018 4:03PM by PIB Delhi

Pradhan Mantri Mudra Yojana (PMMY) provides access to institutional finance to unfunded micro / small business units by extending loans upto ₹ 10 lakh for manufacturing, processing, trading, services and activities allied to agriculture, which help in creating income generating activities and employment.  Overdraft facility upto ₹ 5,000/- under Pradhan Mantri Jan Dhan Yojana (PMJDY) is also covered under PMMY. 

Number of loans sanctioned since inception of the scheme are as under:

Financial Year

Number of Accounts

2015-2016

3,48,80,924

2016-17

3,97,01,047

2017-18

4,81,30,593

2018-19 (up to 13.07.18)

   95,85,870

Details relating to age profile of borrowers and of loan applications received by banks are not maintained centrally.

The details of loans sanctioned year-wise/State-wise since inception is given below:

State/UT-wise details of number of loans and amount sanctioned under Pradhan Mantri Mudra Yojana [Amount in Rs. Crore]

 

 

2015-16

2016-17

2017-18

2018-19 (13.07.2018)

Sr No

State Name

No Of A/Cs

Sanction Amt

No Of A/Cs

Sanction Amt

No Of A/Cs

Sanction Amt

No Of A/Cs

Sanction Amt

1

Andaman and Nicobar Islands

24719

218.36

3353

80.15

3829

102.66

484

19.26

2

Andhra Pradesh

795688

6104.14

587569

6078.01

801845

10902.51

139264

2165

3

Arunachal Pradesh

4625

74.38

6109

81.46

11004

109.5

543

16.64

4

Assam

427272

1817.62

1255754

4908.3

1713004

6669.74

192380

841.09

5

Bihar

2451439

7553.83

3756716

12190.6

4314861

15919.4

894333

3518.82

6

Chandigarh

22605

212.42

19039

229.01

18257

419.98

3129

72.72

7

Chhattisgarh

639711

2265.5

884941

3334.27

962079

4747.29

174868

952.61

8

Dadra and Nagar Haveli

1236

21.72

2587

23.49

3408

36.79

120

3.1

9

Daman and Diu

1109

12.43

774

12.61

1086

23.55

123

3.83

10

Delhi

394388

2947.68

224975

3762.95

241797

4450.15

46303

779.26

11

Goa

45471

399.33

31289

390.2

39397

499.27

7305

87.97

12

Gujarat

1086407

6034.73

1103453

7781.94

1501226

11386.52

283559

1873.41

13

Haryana

745535

3259.27

716622

3843.53

786328

5940.4

192844

1322.86

14

Himachal Pradesh

85564

998.78

82851

1281.72

91992

1900.55

28129

551.26

15

Jammu and Kashmir

57974

1185.13

89712

1845.37

103125

2586.8

28355

789.67

16

Jharkhand

872868

2944.33

1023593

4004.13

1212671

5410.4

298987

1346.29

17

Karnataka

4459609

16861.35

3933578

18002.55

4568493

23009.73

1058968

4811.05

18

Kerala

830411

4857.68

982260

6288.62

2289805

9459.97

419477

2208.68

19

Lakshadweep

740

6.58

473

5.64

1044

12.95

136

1.64

20

Madhya Pradesh

2511191

8096.74

2683052

10506.45

2899123

14886.15

599537

2868.67

21

Maharashtra

3535065

13806.48

3344154

17286.66

3596620

22751.4

852923

4461

22

Manipur

24021

131.42

21865

156.05

33186

219.59

1914

32.53

23

Meghalaya

19151

166.48

23915

189.97

28846

216.25

3720

33.68

24

Mizoram

7772

86.5

6973

101.2

12400

157.62

2856

54.34

25

Nagaland

5134

85.89

11051

114.06

14141

135.98

659

20.75

26

Odisha

2343261

5694.86

2606769

7891.34

3470312

11558.91

842667

3138.86

27

Pondicherry

82866

337.84

130360

490.62

150477

895.16

32585

186.88

28

Punjab

653973

3572.42

705569

4640.84

819836

6723.82

196539

1529.48

29

Rajasthan

1159819

5484.95

1204837

9024.71

1746748

13862.55

437777

2677.52

30

Sikkim

6889

59.53

19865

99.88

21588

116.3

2288

21.51

31

Tamil Nadu

4781567

15846.14

5309857

18052.68

5860165

25331.68

1127685

5124.17

32

Telangana

400761

3834.55

482694

3878.38

789315

6545.26

51486

1003.04

33

Tripura

68146

372.06

253807

999.42

399299

1484.96

51506

205.75

34

Uttar Pradesh

3345382

12275.88

3337547

15282.61

4401217

22077.89

711622

4309.74

35

Uttarakhand

360007

1788.39

286579

1974.12

254783

2573.22

51735

509.2

36

West Bengal

2628548

8033.88

4566505

15695.01

4967286

20552.19

849064

3553.68

 

TOTAL

34880924

137449.27

39701047

180528.6

48130593

253677.09

9585870

51095.96

 

 

Source: As reported by Member Lending Institutions on the MUDRA Portal

 

This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in written reply to a question in Rajya Sabha today.

****

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