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    Preserving Financial Stability in an Evolving World - Special Address by Shri Sanjay Malhotra, Governor, Reserve Bank of India, at the Fifth Kautilya ...
    Central Bureau of Narcotics (CBN) Rajasthan Unit observes National Anti-Drug Addiction Day with awareness programmes and cleanliness campaigns across ...
    NABKISAN Lists India’s First WASH-Focused Social Bond, Raises ₹180 Crore
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    Central Bureau of Narcotics, DNC office, conducts drug abuse and addiction awareness campaign under Operation Jagriti in Lucknow
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    APEDA Facilitates Export of Bihar’s Makhana from Purnea to Greece
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    Government Extends Operational Timelines of RELIEF (Resilience & Logistics Intervention for Export Facilitation) Intervention to Support Exporters Ami...
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    CBN Madhya Pradesh Unit destroys over 10.84 tonnes of seized narcotic drugs and deposits 154.375 kg of seized opium at GOAW, Neemuch
    CBN Rajasthan Unit seizes 1.080 kg hydroponic weed (ganja) concealed in international parcel from Thailand
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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.
October 5, 2026
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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.
October 3, 2026
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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.
October 3, 2026
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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.
October 3, 2026
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Two-way airport smuggling: airport staff allegedly facilitated clandestine gold entry and illicit diamond export through transit and outbound passengers.
An alleged two-way smuggling arrangement involved airport staff receiving foreign-origin gold dust in wax capsules from transit passengers for clandestine removal into India and transferring diamonds to an outbound passenger for illicit export to Dubai. Seizure included 23 capsules of 24-carat foreign-origin gold dust in wax form and natural and lab-grown diamonds. The modus operandi used the same airport employee to facilitate import-side gold smuggling and export-side diamond smuggling.
October 3, 2026
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Seized narcotic-drug disposal prevents contraband re-entry through supervised destruction, lawful opium deposit, and environmentally safe incineration.
Authorised disposal of seized narcotic drugs under the Narcotic Drugs and Psychotropic Substances Act, 1985 involved destruction of 10,842.150 kg of contraband through an approved process supervised by the Drug Disposal Committee and attended by a pollution-control representative. Seized opium was separately deposited with the Government Opium and Alkaloid Works as part of the disposal process, aimed at preventing contraband from returning to illicit drug trafficking and ensuring environmentally safe incineration.
October 3, 2026
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International postal narcotics trafficking: hydroponic ganja concealed in cake pouches was seized under NDPS procedures.
Seizure under the relevant provisions of the Narcotic Drugs and Psychotropic Substances Act, 1985, covered hydroponic weed (ganja) recovered from an international parcel received from Thailand. The contraband was concealed in cake pouches placed among other packets and articles to camouflage its presence. Specific intelligence prompted examination, recovery, weighing and seizure following due legal procedure, with further investigation in progress.
October 3, 2026
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NDPS enforcement enabled opium and vehicle seizure, with arrest after an intelligence-led roadside interception operation.
Intelligence-based enforcement under the Narcotic Drugs and Psychotropic Substances Act, 1985, resulted in the interception of a motorcycle and recovery of 4.240 kg of opium. The opium and motorcycle used for transportation were seized after legal formalities, and one person was arrested. Investigation continues to trace the contraband's source and intended destination and identify other persons connected with the suspected trafficking network.

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Corp. Laws, SEBI & IBC

GOVERNMENT’S SPENDING ON SOCIAL SERVICES INCREASES SIGNIFICANTLY DURING THE PANDEMIC

January 31, 2022

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GOVERNMENT’S SPENDING ON SOCIAL SERVICES INCREASES SIGNIFICANTLY DURING THE PANDEMIC

BE 2021-22 SHOWS AN INCREASE OF 9.8% IN GOVERNMENT’S SOCIAL SERVICES SECTOR ALLOCATION

HEALTH EXPENDITURE ALLOCATION IN 2021-22 RISES BY 73%; EDUCATION BY 20%

MORE THAN 8 LAKH SCHOOLS PROVIDED TAP WATER SUPPLY AS ON 19.01.2022 UNDER JAL JEEVAN MISSION

DECLINE IN DROP-OUT RATES AT PRIMARY, UPPER PRIMARY AND SECONDARY LEVELS IN 2019-20

26.45 CRORE CHILDREN ENROLLED IN SCHOOLS IN 2019-20; REVERSAL IN TREND OF DECLINING GROSS ENROLLEMNT RATIO IN PREVIOUS YEARS

SHIFT OF CHILDREN IN RURAL AREAS FROM PRIVATE TO GOVERNMENT SCHOOLS SAYS ‘ANNUAL STATUS OF EDUCATION REPORT 2021’

The government’s spending on Social Services increased significantly during the pandemic states the Economic Survey 2021-22. The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman presented the Economic Survey 2021-22 in the Parliament here today.  An increase of 9.8% has been made in the expenditure allocation to the Social Services sector in 2021-22 over 2020-21.

Social Sector Expenditure   

The Survey states that the Centre and the State governments earmarked an aggregate of ₹ 71.61 lakh crore for spending on social service sector in (BE) 2021-22. Last years’ (2020-21) revised expenditure has also gone up by ₹ 54,000 crore from the budgeted amount. The Economic Survey further elaborates that in 2021-22(BE), funds to the sector increased to 8.6% of Gross Domestic Product (GDP), as compared to 8.3% of GDP in 2020-21 (RE). During the last five years, Social Services accounted for about 25% of the total Government expenditure. In 2021-22 (BE), it was 26.6%.

The Economic Survey also notes that expenditure on health sector increased from ₹ 2.73 lakh crore in 2019-20 to ₹ 4.72 lakh crore in 2021-22 (BE), an increase of nearly 73%. For the education sector, increase during the same period was 20%, says the Survey.

Education

An assessment for the pre pandemic year 2019-20 for which data is available reveals that the number of recognized schools and colleges continues to increase between 2018-19 and 2019-20, except for primary and upper primary school, the Survey states. Priority to drinking water and sanitation in schools under the Jal Jeevan Mission, Swatchh Bharat Mission as well as under Samagra Sikhsha Scheme have been instrumental in providing required resources and creating assets in schools, notes the Economic Survey. As on 19.01.2022, under Jal Jeevan Mission 8,39,443 schools were provided tap water supply. Further, availability of teachers has improved at all levels continuously from 2012-13 to 2019-20.

The Survey observes that the year 2019-20 also saw a decline in drop-out rates at primary, upper primary and secondary levels. In 2019-20, school dropout rate at primary level declined to 1.45% from 4.45% in 2018-19. The decline is both for boys and girls. The decline has also reversed the trends of increasing drop-out rates during the previous two years.

The Economic Survey further states that the year 2019-20 saw an improvement in Gross Enrolment Ratio (GER) at all levels and improvement in gender parity. In 2019-20, 26.45 crore children were enrolled in schools. This has helped to reverse the declining trend of GER between 2016-17 and 2018-19. During the year schools enrolled about 42 lakh additional children out of which 26 lakhs were in primary to higher secondary levels and 16 lakhs were in pre-primary as per Unified District Information System for Education Plus (UDISF+).

Gross enrolment ratio in higher education recorded at 27.1% in 2019-20, slightly higher from 26.3% in 2018-19. The Economic Survey states that the Government has taken multiple initiatives at revolutionizing the higher education eco-system such as amendment to National Apprenticeship Training Scheme, Academic Bank of Credit, e PGPathshala, Unnat Bharat Abhiyan and scholarship for weaker sections.

The pandemic has had a significant impact on education system affecting lakhs of schools and colleges across India notes the Survey. The Survey observes that it is difficult to gauge the real time impact of repeated lockdown on education sector because the latest available comprehensive official data dates back to 2019-20. It refers to the Annual Status of Education Report (ASER) 2021 which has assessed the impact during the pandemic for education sector in rural areas. ASER found that despite the pandemic enrolment in age cohort of 15 to 16 years continue to improve as number of ‘not enrolled’ children in this age group declined from 12.1 % in 2018 to 6.6 % in 2021. However, ASER report also found that during pandemic, children (age 6-14 years) ‘not currently enrolled in schools’ increased from 2.5 % in 2018 to 4.6 % in 2021. To identify out of school children, their mainstreaming, and research sharing, the Government has shared the Covid-19 action plan with States and UTs observes the Survey.

The ASER report also found that during pandemic children in rural areas have moved out of Private to Government schools in all age groups. Possible reasons suggested for the shift are: shut down of low cost private schools, financial distress of parents, free facilities in Government schools and families migrating back to villages. In July 2020, the Government has issued guidelines for mainstreaming of children of migrant labourers, allowing for their smooth admissions into schools without asking for any document other than identity notes the Survey. 

Although the availability of smart phones has increased from 36.5% in 2018 to 67.6 % in 2021, the ASER report states that students in lower grade found it difficult to do online activities compared to higher grade students. Non availability of smart phones for child to use and network of connectivity issues where the challenges faced by children. However almost all enrolled children have been provided textbooks for their current grade (91.9%). This proportion has increased over the last year, for children enrolled in both government and private schools.

The Economic Survey observes that steps have been taken by the Government to minimize the adverse impact of the pandemic on the education system to address the concern raised through private studies undertaken during the pandemic period. Government took measures such as distribution of text books at home, telephonic guidance by teachers, online and digital content through TV and Radio, TARA interactive chatbot, activity based learning through the Alternative Academic Calendar released by National Council of Education Research and Training etc. Other major initiatives for students during the Covid-19 pandemic include, PM e-Vidya, National Digital Education Architecture, NIPUN Bharat Mission etc, notes the Survey.

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