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    CCI approves acquisition of certain equity shareholding in Continuum Green Energy Ltd by Chubu Electric Power Company Netherlands B.V.
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September 30, 2026
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Merger control clearance permits Chubu's acquisition of equity in Continuum Green Energy through primary and secondary transactions.
Competition Commission of India approval covers the acquisition of certain equity shareholding in Continuum Green Energy Limited by Chubu Electric Power Company Netherlands B.V. The proposed combination comprises a primary subscription for, and secondary purchase of, the Target's equity shares from Continuum Green Energy Holdings Ltd., Singapore. The Target and its Indian subsidiaries primarily generate and sell renewable power from wind and solar sources.
September 30, 2026
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Competition clearance authorises Bain Capital funds to acquire majority control of Everllence through a share transfer from Volkswagen.
Competition approval covers the indirect acquisition of a majority of the shares and voting rights in Everllence SE and its direct and indirect subsidiaries by funds managed or advised by Bain Capital Investors, LLC, from Volkswagen Aktiengesellschaft through a share transfer. Nikolaus (BC) Bidco GmbH acts as the purchaser and is a special purpose vehicle ultimately controlled by Bain Capital-managed or advised funds.
September 30, 2026
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Full-shareholding acquisition in crop protection receives competition clearance, combining businesses spanning agrochemicals, seeds, and agricultural equipment.
Competition Commission of India approved Crystal Crop Protection Limited's acquisition of the entire, fully diluted shareholding of FMC India Private Limited from FMC Netherlands Holdings II B.V. and its affiliates. The approved combination comprises the acquisition of 100% of FMC India's shareholding by Crystal Crop. Crystal Crop is an Indian public limited company engaged in development, manufacture, and distribution of crop protection products, seeds, and agricultural equipment.
September 30, 2026
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Investment facilitation supports cross-border manufacturing, technology, supply-chain, and business expansion partnerships between the two economies.
India-U.S. economic engagement extends beyond conventional trade to investment, manufacturing, technology, innovation, resilient supply chains, and high-value capabilities. Business engagement with manufacturing and technology companies addresses opportunities in India and expansion of partnerships. The Government of India indicates readiness to facilitate corporate operations, expansion, and investments in India.
September 30, 2026
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Monthly fiscal accounts report receipts, tax devolution, and revenue and capital expenditure against budget estimates.
Monthly accounts up to August 2026 record total receipts of Rs.13,67,709 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution to State Governments totals Rs.5,90,391 crore. Total expenditure is Rs.20,77,958 crore, divided between revenue expenditure of Rs.15,68,009 crore and capital expenditure of Rs.5,09,949 crore, with revenue expenditure including interest payments and major subsidies.
September 28, 2026
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Rules-based multilateral trade engagement supports bilateral agreement negotiations, enterprise opportunities, investment partnerships, and developing-country policy space.
India's G20 trade engagement promotes a rules-based, open and non-discriminatory multilateral trading system while preserving policy space for developing countries. Bilateral discussions seek to expand opportunities for farmers, fishermen, women entrepreneurs, startups, MSMEs and other enterprises. India-United States engagement is intended to advance a balanced Bilateral Trade Agreement and an interim trade deal, alongside investment and industry outreach promoting manufacturing partnerships with Indian enterprises.
September 28, 2026
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Cross-border investment facilitation under CEPA supports local-currency settlement, payment integration, joint projects and timely resolution of investor concerns.
Financial-sector cooperation covers local-currency settlement, integration of payment and messaging systems, and central-bank digital currencies, with steps to support timely implementation for more efficient, accessible and resilient bilateral trade and investment. The UAE-India Fast Track Mechanism remains available for addressing outstanding concerns affecting investments and companies in both jurisdictions, and the parties agreed to support timely resolution of such matters.
September 28, 2026
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Return filing and tax audit deadlines are extended for the identified taxpayer category under the applicable statutory framework.
CBDT extends the Assessment Year 2026-27 Return of Income filing deadline for persons identified at serial no. 2 in the Table below Explanation 2 to section 139(1) of the Income-tax Act, 1961, from 31 October 2026 to 21 November 2026. The specified date for furnishing the audit report for the same class is extended from 30 September 2026 to 21 October 2026.
September 28, 2026
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Courier-based gold smuggling enforcement targets concealed distribution through paper entities and foreign-origin gold consignments nationwide.
Coordinated customs enforcement targeted an organised gold-smuggling network that used courier consignments to distribute foreign-origin gold after cross-border entry. The operation led to seizure of 6.61 kg of gold bars under the Customs Act, 1962, and arrests of eleven associated persons. The network allegedly split gold into small consignments and used paper entities or persons without legitimate gold transactions to conceal distribution through courier channels.
September 28, 2026
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Anti-drug awareness and cultivator outreach combine prevention, direct grievance redressal, and safeguards against illicit narcotics diversion.
Jan Sunwayi programmes provide direct, prompt and accessible grievance redressal for opium cultivators, including name corrections, Namantaran, and eligibility connected with the upcoming Settlement Operation. Cultivators are advised to avoid middlemen or intermediaries and seek clarification or assistance directly. These measures complement anti-drug awareness and preventive outreach aimed at preventing illegal trafficking, diversion and abuse of narcotic drugs and psychotropic substances.
September 28, 2026
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NDPS enforcement targets concealed poppy straw, opium and cannabis trafficking through seizures, arrests, and continuing supply-chain investigation.
Narcotics enforcement operations in Rajasthan led to seizures of poppy straw, opium, hydroponic cannabis, cash, vehicles and a loaded country-made pistol, with four arrests. Poppy straw was recovered from vehicles and premises, including a truck where it was concealed beneath cement bags. Opium and cash were recovered from residential premises, while hydroponic cannabis concealed in an international parcel was recovered at the Foreign Post Office, Jaipur. The seized articles were taken under relevant provisions of the Narcotic Drugs and Psychotropic Substances Act, 1985, and supply-chain investigation continues.
September 28, 2026
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Free trade agreement market access is positioned to expand export opportunities and international investment for local entrepreneurs.
Free Trade Agreement-led market access is positioned to expand international opportunities for entrepreneurs in Uttar Pradesh by supporting exports, investment inflows and access to overseas markets. International trade engagement is supported through direct business access to global markets, buyer-seller meetings and promotion of the State's products, cuisines and services. Export expansion, international investment, tourism and global recognition of State brands form the stated next phase of economic development, supported by coordination between governments and trade and industrial stakeholders.
September 28, 2026
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Multilateral infrastructure cooperation guides annual development bank participation and bilateral engagement on sustainable investment and economic connectivity.
The official visit includes participation, as India's Governor, in the Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank, alongside bilateral meetings and engagement with governmental leadership, business leaders and investors. The AIIB focuses on sustainable infrastructure and productive-sector investment in Asia to promote sustainable economic development, wealth creation and infrastructure connectivity.
September 25, 2026
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Reciprocal trade agreement negotiations face tariff and subsidy pressures as both governments pursue lower bilateral trade barriers.
India-US bilateral trade negotiations seek completion of the first-phase Bilateral Trade Agreement through a reciprocal trade arrangement lowering trade barriers and tariffs. Further negotiations are required because of changed US tariff conditions, forced-labour tariffs on Indian goods, a possible investigation into excess industrial capacity and subsidies, and sanctions legislation relating to Russia. Ministerial and bilateral engagements will review progress on the proposed reciprocal arrangement.
September 25, 2026
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Banking strike contingency measures direct customers toward advance transactions and digital channels as branch operations may be disrupted.
Banking-service continuity measures anticipate possible disruption from a three-day employee strike. Customers are advised to complete essential transactions in advance and use ATMs/ADWMs, mobile and internet banking, UPI, business correspondent points and other digital channels. Branch and office operations at participating institutions may be affected, while essential services are to be maintained where possible. Union demands include a five-day banking week, pension improvements and transition options from the National Pension System to the old pension scheme.
September 25, 2026
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Government borrowing calendar: Reduced dated-securities borrowing will use weekly auctions, green bonds, switches and buyback operations.
Second-half dated-security borrowing will be completed through weekly auctions across maturities ranging from 3 years to 50 years, including Sovereign Green Bonds. Switching and buyback operations will continue to smooth the redemption profile, while a greenshoe option may permit retention of additional subscriptions. Treasury Bill borrowing will proceed through 91-day, 182-day and 364-day instruments. Auctions will offer non-competitive bidding for specified retail investors, and flexibility is retained to modify issuance terms or introduce non-standard maturity instruments, floating-rate bonds and inflation-indexed bonds.
September 25, 2026
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Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
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Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
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Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
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GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.

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ECONOMIC SURVEY HIGHLIGHTS AGILE AND MULTI-PRONGED APPROACH ADOPTED BY INDIA TO COMBAT COVID-19

January 31, 2022

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ECONOMIC SURVEY HIGHLIGHTS AGILE AND MULTI-PRONGED APPROACH ADOPTED BY INDIA TO COMBAT COVID-19

COVID VACCINES EMERGED BEST SHIELD AGAINST THE DISEASE TO SAVE LIVES AND SUSTAINED LIVELIHOOD, NOTES ECONOMIC SURVEY

“VACCINATION SHOULD BE TREATED AS A MACRO-ECONOMIC INDICATOR”

HEALTH EXPENDITURE SEES RISE OF NEARLY 73%, FROM ₹ 2.73 LAKH CRORE IN 2019-20 (PRE-COVID 19) TO ₹ 4.72 LAKH CRORE IN 2021-22 (BE)

CENTRAL AND STATE GOVERNMENTS’ BUDGETED EXPENDITURE ON HEALTH SECTOR REACHES 2.1% OF GDP IN 2021-22, AGAINST 1.3% IN 2019-20

NFHS-5 SHOWS ENCOURAGING OUTCOMES OF GOVERNMENT PROGRAMMES IN HEALTH AND OTHER SOCIAL SECTORS

 

During the last two years, as India along with rest of the world faced the onslaught of the pandemic, Union Government’s key focus remained on providing a safety-net to the vulnerable segments of society as well as providing a coherent response to the health consequences of the pandemic, says the Economic Survey. The Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman tabled the Economic Survey 2021-22 in Parliament today.

The Economic Survey also highlights the ‘agile framework’ of policy noting that in “an uncertain environment, the agile framework responds by a assessing outcomes in short alternations and constantly adjusting incrementally” as “the flexibility of agile improves responsiveness and aids evolution, but it does not attempt to predict future outcomes”. The response of the Union Government to the global COVID19 pandemic has been agile, strategic and pre-emptive. 

India’s Health Response to COVID-19:

The Economic Survey states that India, the country with the second largest population and a large elderly population, adopted a multipronged approach to COVID19 response and management. These included:

  1. Restrictions/partial lockdowns
  2. Building capacity in health infrastructure
  3. COVID-19 appropriate behavior, testing, tracing, treatment, and
  4. Vaccination drive

Measures were taken to break the chain of transmission in terms of containment and buffer zones; perimeter control; contact tracing; isolation and testing of suspect cases and high risk contacts, and creation of quarantine facilities. Preventive strategy changed in response to the changing situation based on real-time data and evidence. Testing facility in the country has increased exponentially.  Tests for COVID-19 were made free in all Government Centers.  Rapid Antigen Test Kits for faster screening were introduced.  Manufacturing capacity of N-95 masks, ventilators, personal protective equipment kits, sanitizers were ramped up in a mission mode.  The Survey also highlights the massive infrastructure created for isolation beds, dedicated intensive care unit beds, and supply of medical oxygen. To meet the exponential rise in medical oxygen demand during second COVID surge, the Government engaged even Railways, Air force, Navy and Industry to work with ‘whole of government’ approach.

In fight against the corona virus, COVID vaccines emerged as the best shield against the disease to save lives and sustained livelihood.

COVID Vaccination Strategy:

The Economic Survey highlights that vaccination is not merely a health response but is critical for opening up the economy, particularly contact-intensive services.  Therefore, it should be treated for now as a macro-economic indicator. 

“The Liberalized Pricing and Accelerated, National COVID-19 Vaccination Strategy”, was implemented from 1st May to 20th June, 2021, observes the Survey.  From 3rd January, 2022, COVID-19 vaccine coverage has been extended to age group of 15-18 years.  Further, from 10th January, 2022, Health Care Workers, Frontline Workers and persons aged more than 60 years with co-morbidities have been made eligible to receive a precaution dose of COVID-19 vaccine, on completion of 9 months or 39 weeks from the date of administration of second dose.

The Economic Survey notes that Indian National COVID Vaccination Program, one of the world’s largest vaccination programs, has not only supported production of COVID-vaccines domestically, but it has also ensured free vaccines to its population, world’s second largest population.  Union Budget for 2021-22 allocated ₹ 35,000 crore for procurement of vaccines under the nationwide COVID-19 Vaccination Program.  From 16th January, 2021 till 16th January, 2022, a total of 156.76 crore doses of COVID-19 vaccines have been administered, 90.75 crore first dose and 65.58 crore second dose.  Vaccination at this scale and speed has enabled swift revival of livelihoods, the Survey underscores.

The Survey highlights that India is among the few countries producing COVID vaccines.  The country started with two made in India COVID vaccines.  In line with India’s vision of Atmanirbhar Bharat, India’s first domestic COVID-19 vaccine, Whole Virion Inactivated Corona Virus Vaccine (COVAXIN), was developed and manufactured by Bharat Biotech International Limited in collaboration with National Institute of Virology of Indian Counsel of Medical Research (ICMR).  The ICMR funded the clinical trials of COVISHIELD vaccine developed in collaboration with Oxford-AstraZeneca.  COVISHIELD and COVAXIN have been widely used vaccines in India.  Every month about 250-275 million doses of COVISHIELD and 50-60 million doses of COVAXIN have been produced.

Making it a technology driven vaccination program, Arogya Setu mobile app was launched to enable people to assess themselves the risk of their catching the COVID-19 infection. Co-WIN 2.0 (along with e-VIN), a unique digital platform, supported the real time vaccination activities viz. registration for vaccine, tracking COVID-19 vaccine status of every beneficiary, stocks of vaccine, storage, actual vaccination process, and generation of digital certificates, observes the Economic Survey.

Health Sector Expenditure:

The Economic Survey mentions that although the pandemic has affected almost all social services, yet the health sector was the worst hit.  Expenditure on health sector increased from ₹ 2.73 lakh crore in 2019-20 (pre-COVID -19) to Rs, 4.72 lakh crore in 2021-22 (BE), an increase of nearly 73%. 

The Survey further states that in addition to the National Health Mission, Union Budget 2021-22, announced Ayushman Bharat Health Infrastructure Mission, a new Centrally Sponsored Scheme, with an outlay of about ₹ 64,180 crore in next five years to develop capacities of primary, secondary and tertiary Health Care Systems, strengthen existing national institutions, and create new institutions to cater to detection and cure of new and emerging diseases.  Besides, Union Budget 2021-22 provided an outlay of ₹ 35,000 crore towards COVID-19 vaccination.

The National Health Policy, 2017 envisaged to increase Government’s health expenditure to 2.5% of GDP by 2025, reiterates the Economic Survey.  It says that in keeping with this objective, Central and State Government’s Budgeted expenditure on health sector reached 2.1% of GDP in 2021-22, against 1.3% in 2019-20.

National Family Health Survey-5 (NFHS-5):

As per latest the NFHS-5, social indicators such as Total Fertility Rate (TFR), Sex Ratio and health outcome indicators viz. Infant Mortality Rate, under-Five mortality rate, institutional birth rate have improved over year 2015-16, observes the Economic Survey.  According the Survey, NFHS-5 shows that not only services are reaching to the public, but the intended outcomes have also improved.

All child nutrition indicators have also improved at the all India level. Under-Five Mortality Rate (U5MR) has declined from 49.7 in 2015-16 to 41.9 in 2019-21.  IMR has declined from 40.7 per 1000 live births in 2015-16 to 35.2 per 1000 live births in 2019-21.  Stunting has declined from 38% in 2015-16 to 36% in 2019-21.  Wasting has also declined from 21% in 2015-16 to 19% in 2019-21.  And, underweight declined from 36% in 2015-16 to 32% in 2019-21. 

Latest NFHS-5 shows that TFR, an average number of children per women, has further come down to 2.0 in 2019-21 from 2.2 in 2015-16.  The Survey highlights that the TFR has even come down below the replacement level of fertility (2.1 children per women) in the country.

The Sex Ratio, number of females per 1000 males, in the total population has risen from 991 females in 2015-16 (NFHS-4) to 1020 in 2019-20 (NFHS-5).  More importantly, the sex ratio and birth female children per 1000 male children born in the last five years, has grown from 919 in 2015-16 to 929 in 2019-21. 

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