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    Secretary, DFS, Shri Sanjay Lohiya chairs review meeting on progress of Financial Inclusion Schemes with senior executives of Public Sector and Privat...
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October 6, 2026
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Financial inclusion drives digital lending, insurance claim awareness, portal enrolment, and banking access for marginalised sections.
Banks were urged to expand brick-and-mortar branches and banking correspondent coverage in unbanked villages, strengthen digital outreach, and implement end-to-end digital loan processing. Working-capital lending for micro-enterprises through UPI-linked credit lines and credit cards was highlighted. Banks were also directed to increase awareness of insurance claim eligibility, exercise care in claim-related grievance handling, and enrol new PMJJBY and PMSBY beneficiaries through the Jan Suraksha portal.
October 6, 2026
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SME growth equity fund targets scalable enterprises, prioritising manufacturing and industrial clusters to strengthen investment, productivity and competitiveness.
Union Cabinet approval commits Rs.10,000 crore towards establishment of the SME Growth Fund as an Alternative Investment Fund framework for direct equity investment in small and medium enterprises. The initiative is intended to catalyse long-term, patient growth capital for SMEs and address the identified shortage of equity financing for enterprises beyond the early stage, where existing equity-support funds predominantly serve micro and early-stage businesses.
October 6, 2026
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Integrated transport planning framework establishes an SPV for national master planning, major-project appraisal, monitoring, and transport data analytics.
Integrated Transport & Logistics Authority will function as a special purpose vehicle for integrated transport and logistics planning, research, technical project appraisal, monitoring, policy support and data analytics. It will prepare a long-term National Transport Master Plan, assess sectoral and annual plans for alignment and multimodal integration, technically appraise and monitor specified major infrastructure projects, and undertake impact assessments. It will also maintain a unified transport data repository and support logistics-policy review, capacity building, training, skilling, research and innovation.
October 6, 2026
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Corporate social responsibility should shift from statutory compliance to needs-based, evidence-led collaboration with impact assessment and technology-enabled monitoring.
CSR is grounded in trusteeship and in companies' responsibilities to employees, communities and the environment, rather than shareholders alone. The framework includes the Unspent CSR Account, multi-year projects, certification of fund utilisation and impact assessment. CSR is intended to leverage corporate resources, technology and expertise, rather than merely supplement public expenditure. Needs-based project selection, community participation, need and social-impact assessment, implementing-agency capacity, resource pooling and technology-enabled monitoring are emphasised to move from compliance and spending towards evidence-based transformation.
October 5, 2026
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Financial stability requires targeted oversight and system-wide resilience against interconnected debt, leverage, cyber, technology, and cross-border shocks.
Financial stability is pursued by strengthening resilience rather than preventing every shock. The framework combines prudent regulation, risk-based supervision, stress testing, countercyclical macroprudential measures, targeted temporary liquidity assistance and resolution. Monetary policy remains directed to price stability, while financial-stability risks are addressed through regulatory, supervisory and macroprudential tools. System-wide resilience requires sound banks and NBFCs, reliable payment and technology infrastructure, robust data on interconnected exposures, scenario analysis, credible safety nets, and proactive proportionate oversight of cyber, model and third-party risks.
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Drug-abuse prevention awareness promotes informed refusal, resistance to peer pressure, community participation, drug-de-addiction pledges, and healthy drug-free lifestyles.
Drug-abuse prevention awareness in opium-cultivation areas focused on the harms of opium, cannabis and other illicit drugs, informed refusal at first exposure, resistance to peer pressure, and prevention of progression from use to dependence. Programmes for students, cultivators and residents used interactive sessions, campaign banners, community pledges, Gram Sabha participation and cleanliness drives to promote healthy drug-free lifestyles, community participation and collective action against addiction.
October 5, 2026
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WASH-focused social bond financing mobilises capital for safe water, sanitation and hygiene access in rural and underserved communities.
NABKISAN Finance Limited listed India's first social bond dedicated exclusively to water, sanitation and hygiene on the National Stock Exchange. The five-year issue raised Rs. 180 crore, carries an 8.10% coupon, matures in September 2031, and holds domestic AAA stable credit ratings. Proceeds are earmarked for safe water, sanitation and hygiene solutions in rural and underserved communities.
October 5, 2026
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NDPS Act drug-trafficking enforcement enabled seizures of amphetamine, cocaine and heroin through intelligence-led interceptions and concealed-consignment detection.
NDPS Act enforcement involved three intelligence-led operations addressing trafficking of amphetamine, cocaine and heroin. Searches of a vehicle's spare tyre, chocolate tubes in cabin baggage, and a backpack carried in a car-pooling taxi revealed concealed substances that tested positive through field-testing kits. The amphetamine, cocaine and heroin were seized, along with the vehicle in the amphetamine operation, and five persons were arrested under the NDPS Act, 1985.
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Multistate GST registration enables normal taxpayers to submit common information once for simultaneous State and UT applications.
Multistate Registration enables normal taxpayers seeking GST registration under the same PAN in more than one State or Union Territory to apply simultaneously. A Master TRN is generated after selection of the intended jurisdictions and must be submitted with Common Registration Information. Individual TRNs are then generated for each selected jurisdiction, with common information auto-populated and editable. Applicants must provide principal and additional places of business, State-specific information, and Aadhaar authentication.
October 3, 2026
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Private corporate CAPEX survey collects forward investment data through secure self-reporting while protecting enterprise-level confidentiality.
CAPEX 2026 collects information from selected large private corporate enterprises on past, provisional and intended capital expenditure across asset groups and sectors, including investment strategies, financing, green energy and robotics. Responses are self-compiled through a secure portal with bilingual and digital assistance. Complete, accurate and timely reporting supports validation and aggregate investment indicators. Individual enterprise information is protected through confidentiality safeguards, and unit-level CAPEX data are not disseminated.
October 3, 2026
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International trade negotiations training addressed WTO rules, dispute settlement, sustainability, trade remedies, digital trade, and services.
Trade-negotiation capacity-building introduced foundational trade theory and the WTO framework, followed by instruction on treaty interpretation, trade data and dispute settlement. Specialised sessions addressed trade remedies, rules of origin, non-tariff measures, intellectual property rights, digital trade and services. It also considered labour, environmental and sustainability issues, including carbon border adjustment and deforestation requirements, within an increasingly complex global trade environment.
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Food security safeguards distinguish transparent public stockholding measures from coercive trade actions within multilateral trade cooperation.
India maintains public stockholding, procures food from small and marginal farmers, and may adopt temporary, transparent measures during harvest shortfalls to preserve food availability and affordability. These food-security measures are identified as recognised within the WTO framework. A distinction is advanced between legitimate food-security interventions and coercive trade actions used to exert pressure on other countries. G20 Trade Ministers reached consensus on a statement addressing the weaponization of food through coercive trade actions and committed to continued cooperation.
October 3, 2026
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Insolvency resolution reform prioritises timely, value-maximising outcomes through technology adoption, mediation, and legislative responsiveness across the insolvency ecosystem.
The Insolvency and Bankruptcy Code seeks faster, value-maximising resolutions through legislative responsiveness, technology adoption and adherence to prescribed timelines. Reform priorities include reducing case-disposal delays, speeding consideration of resolution plans, revising admission thresholds, mediation and sector-specific carveouts. The framework is associated with creditor recoveries, rescue of viable businesses and changed debtor-creditor behaviour.
October 3, 2026
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Drug abuse prevention awareness promotes student education, peer outreach, and youth responsibility for a drug-free society.
Operation Jagriti promotes drug abuse and addiction awareness among students by addressing the harmful effects of substance use and practical prevention measures. Students are encouraged to avoid drugs, spread prevention awareness among peers and communities, and contribute responsibly to the Nasha Mukt Bharat objective of a drug-free India.
October 3, 2026
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Forced-labour border measures require verifiable evidence, due process and WTO consistency while preserving cooperation without unilateral trade action.
Global trade distortions should be addressed through WTO-consistent, evidence-based anti-dumping and countervailing measures, without restricting developing countries' policy space for industrialisation. Most-Favoured-Nation treatment, consensus decision-making, special and differential treatment, and a two-tier dispute-settlement system remain central to multilateral trade governance. Imports produced using forced labour are prohibited, while border measures must rely on specific, verifiable evidence, observe due process and WTO rules, and avoid presumptions concerning entire countries, regions or sectors.
October 3, 2026
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Export-led market access for Makhana expands overseas buyer linkages, supports higher producer returns, and promotes European market diversification.
Export-oriented market access for Bihar's Makhana is being expanded through a facilitated shipment of popped Makhana from Purnea to Greece. APEDA's support connects producers and exporters with international buyers and strengthens the export value chain. Higher price realisation than domestic selling prices indicates scope for improved producer returns, wider farmer and producer-group participation, and diversification into European markets. Export promotion is linked to a proposed Agri Export Policy and packhouse development.
October 3, 2026
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FPO-led export market access links processed food producers with global buyers and strengthens agricultural value-chain participation.
APEDA facilitated an FPO-led export of frozen food products to Canada by Aterna Foods Producer Company Limited, with support under its Financial Assistance Scheme. The export included frozen vegetables, sweet corn, samosa and other processed food products. Market-linkage initiatives connect Farmer Producer Organisations and Farmer Producer Companies with exporters and global buyers, promoting export-oriented value chains and integrating agricultural produce with processing and international markets.
October 3, 2026
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RELIEF timeline extension preserves credit-insurance support and premium protection for exporters facing West Asia maritime disruptions.
Component II of the RELIEF intervention extends operational timelines for exporters affected by West Asia maritime-logistics disruptions. It encourages eligible exporters to obtain ECGC cover for upcoming shipments to specified regions with 95% risk coverage. Benefits apply to qualifying Stand Alone Policies and Whole Turnover Policies, covering full container load, less than container load, and reefer containers, but excluding energy shipments. Eligible exporters' insurance premium cannot increase beyond the pre-disruption level during the relevant period.
October 3, 2026
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RoDTEP duty remission continues for eligible exporters, preserving existing rates and value caps through the extended period.
RoDTEP Scheme continuation is extended until 31 December 2026 for exports made by Domestic Tariff Area units, Advance Authorisation holders, Special Economic Zone units and Export Oriented Units. The scheme remits embedded, un-rebated Central, State and local duties, taxes and levies borne on exported products. Existing RoDTEP rates and value caps remain unchanged throughout the extension.
October 3, 2026
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Wildlife trafficking enforcement targeted unlawful possession, transport and proposed sale of ivory, leopard skin, pangolins and tiger parts.
Illegal wildlife trafficking operations addressed alleged possession, transportation, and attempted sale of elephant ivory, leopard skin, live pangolins, and tiger parts. Possession without licence and trade in elephant ivory or ivory articles are prohibited under the Wild Life (Protection) Act, 1972. Leopards, pangolins, tigers, and their body parts receive Schedule I protection, while pangolins are also listed in CITES Appendix I, prohibiting international trade. Recovered wildlife articles, live animals, and vehicles were transferred or seized for action by forest and specialised wildlife enforcement agencies.

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Customs, DGFT & SEZ

16 FOREIGN DIRECT INVESTMENT PROPOSALS APPROVED

December 4, 2007

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Finance Minister, Shri P. Chidambaram has approved 16 Foreign Direct Investment proposals recommended by Foreign Investment Promotion Board (FIPB) in its meeting held on 30th November, 2007. The approval amounts to Rs. 647.47 crore.  The proposals are related to Ministries/Departments,  namely,  Commerce, Heavy Industry, Industrial Policy & Promotion, Information & Broadcasting, Posts, Power, Road Transport & Highways, and Economic Affairs.  The major investment proposals pertain to the Ministries/Departments of Commerce, Heavy Industry, Information & Broadcasting, Power, Road Transport & Highways and Economic Affairs.                       

The details of the proposals approved are as follows:

Following 16 (sixteen) cases have been recommended for the consideration and approval of FM.

Sl. No.

Name of the applicant

Particulars of the proposal

FDI/NRI inflows (Rs. In crore)

POSTS

1

M/s. ACI  Logistics Private Limited, Mumbai

Induction of foreign equity in a company engaged in  courier services

0.28

HEAVY INDUSTRY

2

M/s. Continental AG, Germany

To set up a new Joint venture company to undertake manufacture of hydraulic brake systems for passenger cars and light-trucks. Proposal attracts Press Note 1/05

55.00

INFORMATION & BROADCASTING

3

M/s. International Association of Plumbing and Mechanical Officials, USA

Setting up a WOS to  undertake the  activities of developing and publishing specialty journals in relation to plumbing, drinking water and sanitation systems

0.01

INDUSTRIAL POLICY & PROMOTION

4

M/s. Biolandes Natural Extracts Private Limited, Madurai

Undertaking manufacture of floral and/or natural extracts / essential oils with 100% foreign equity, activity reserved for small scale sector

4.4

POWER

5

M/s. W. Lucy & Co.,

To set up a WOS to undertake manufacture of electricity distribution and control equipment for export. Proposal attracts Press Note 1 (2005 series)

64.00

ROAD TRANSPORT & HIGHWAYS

6

M/s. HIPE Transport Ventures Private Limited, Bangalore

Induction of FDI in an investing/holding company engaged to develop ventures relating to infrastructure like development of ports, transportation and logistics.

88.00

ECONOMIC AFFAIRS

7

M/s. Cookson Group Plc. UK

Acquisition of shares upto 20% by way of open offer in Foseco India, engaged in manufacturing, marketing and trading of foundry chemicals and foundry fluxes for the metallurgical industry, including the steel and foundry industry. Proposal attracts PN 1/05 on account of worldwide acquisition of Foseco Plc by Cookson Group.

1.28

COMMERCE

8

M/s. Worldspace (I) Pvt. Ltd.

To undertake additional activities of trading of satellite radio receivers to registered business/ institutions

No fresh inflow

INFORMATION & BROADCASTING

9

M/s. Cliffrose Investment Ltd.

Acquisition of status of operating cum holding company with downstream investment in company engaged in FM Radio

No fresh inflow

ECONOMIC AFFAIRS

10

M/s. Aaavishkaar India Micro Venture Capital Fund

Induction of foreign equity in SEBI registered VCF against Issue of units for making investments in micro, small and medium enterprises

100.00

INDUSTRIAL POLICY & PROMOTION

11

M/s. Manipal Universal Learning Pvt. Ltd.

Ex-post-facto approval for conversion of foreign owned operating company into a holding company subject to compounding by RBI for violation in the intervening period.  

No fresh inflow

COMMERCE

12

M/s. Dolce & Gabbana, Italy

To set up a Joint venture company, in partnership with DLF group with 51% foreign equity  to undertake the business of single brand retail trading of all kinds of fashion and lifestyle products under the brand name "Dolce & Gabbana" and "DG Dolce & Gabbana"

36.50

INFORMATION & BROADCASTING

13

M/s. South Asia Multi-Media Technologies Ltd, Mauritius

Induction of foreign equity of upto 6.98% in South Asia FM Limited, a company engaged in FM Broadcasting services

25.00

14

M/s. Grupo Omnilife S.A. de C.V. Mexico.

To establish a WOS to undertake test marketing  and manufacture, sell and distribute its proprietary nutritional food supplements and cosmetic products through its WOS in India

86.00

ECONOMIC AFFAIRS

15

M/s. Sistema Joint Stock Financial Corporation, Russia

Increase of FDI from 10% upto 74% in Shyam Telelink Limited, a company engaged in telecom services under UAS License

187.00

 16

M/s. Bureau Veritas International S.A. (France)

Transfer of shares from non-resident to another non-resident, as a result of worldwide acquisition.  Proposal attracts Press Note 1 (2005 series)

No fresh inflow

Total Rs. 647.47 Crore

2. The following 10 (ten) proposals have been recommended to be deferred:

Sl.No

Name of the applicant

Particulars of the proposal

1

M/s. MAHLE GmbH, Germany

To set up a wholly owned  investment/ holding company

2

M/s. Hero Management Service Ltd., Gurgaon

Transfer of shares of the Indian parent company by way of share swap with the shares of the UK subsidiary

3

M/s. Al Khaleej Sugar Co. (LLC) Dubai

Deletion of the prohibition on domestic trading and condition of 'grain to grain' basis import trading from the existing approval

4

M/s. Global Assets Holding Corporation Private Limited, Mumbai

FDI in a holding company having subsidiaries in the Telecom Sector  

5

M/s. Bycell Telecommunications

To undertake activities of offering GSM based cellular telephone services under UAS License agreement all over India, and increase in paid up capital of the company

6

M/s. Transcend Infrastructure Limited, Kolkata

Induction of foreign equity upto 50% in a company engaged in   the activities of IP-I category services.  Proposal also attracts Press  Note 1 of 2005 series

7

M/s. B.A.G Films and Media Ltd, Noida

Induction of foreign investment in a holding company having downstream investment in the companies to be engaged in up-linking news channels, non-news channels and FM Radio  

8

M/s. B.A.G. Films & Media Limited, Noida

Induction of foreign equity by way of issue of Foreign Currency Convertible Bonds (FCCBs) in a holding company having downstream investment in the companies to be engaged in up-linking news channels, non-news channels and FM Radio

9

M/s. Media Transasia India Ltd.

Conversion of operating company into operating cum holding company, for downstream investment in publication of specialty magazine.

10

M/s. Blackstone FP Capital Partners (Mauritius) V Ltd, Mauritius

Investment of uto 26% in Ushodaya Enterprises Limited, a company engaged in Publication of magazines/ newspapers, broadcasting and food processing

3. The following  2 (two)  proposals have been withdrawn from the agenda:

Sl. No

Name of the applicant

Particulars of the proposal

1

M/s. RISH Pte. Ltd. Cook Islands

Transfer of shares from erstwhile OCB to Non-resident

2

M/s. RISH Pte. Ltd. Cook Islands

Transfer of shares from erstwhile OCB to Non-resident

 4. In the following 1 (one) proposal, the applicant has been advised to access automatic route:

Sl. No

Name of the applicant

Particulars of the proposal

1

M/s. B.R. Spinners Pvt. Ltd. Ludhiana

To undertake additional activities like polythene waste and CDS, DVDs etc. which are reserved SSI items

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Acts Income Tax