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    Ontario's premier: Canada should be ready to cut electricity, critical minerals as trade woes worsen
    UIDAI, Army launch Aadhaar biometric update camps for students in Assam's Tamulpur
    J&K PCC chief opposes electricity tariff hike, demands immediate rollback
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    PROVISIONAL ESTIMATES OF SERVICE PRODUCER PRICE INDICES (BASE YEAR 2022-23) FOR Q1 OF FY 2026-27 AND FINAL INDICES FOR Q4 OF FY 2025-26.
    Minister of State for Commerce and Industry and Electronics & Information Technology Shri Jitin Prasada on Official Visit to Morocco.
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August 24, 2026
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Retaliatory trade measures may target electricity, critical minerals and integrated automotive supply chains amid escalating cross-border tariff disputes.
Canada-United States trade relations involve escalating tariffs and contemplated reciprocal restrictions affecting goods, automotive production, electricity exports and critical-mineral supplies. Potential Canadian countermeasures include limiting or increasing the price of Ontario electricity exports and restricting supplies of critical minerals, with oil and potash also identified as possible leverage. The automotive sector faces particular exposure because Ontario production and supply chains are integrated with United States manufacturing. Negotiations also raised concern over limits on Canada's ability to conclude trade agreements with other countries without United States approval.
August 24, 2026
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Mandatory biometric updates for students support continued Aadhaar authentication and access to education, scholarship and benefit-related services.
Mandatory Biometric Update camps have been launched in schools across Tamulpur district, Assam, for eligible students aged 5 to 17 years to update Aadhaar biometrics. Aadhaar biometrics require updating on attaining five years of age and again on attaining fifteen years. Timely updating supports continued Aadhaar authentication and helps avoid difficulties in accessing services where authentication is applicable, including school admissions, entrance-examination registration, scholarships and Direct Benefit Transfer schemes.
August 24, 2026
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Electricity tariff affordability requires immediate review, withdrawal of higher consumer charges, and relief measures for economically weaker households.
Electricity tariff increase in Jammu and Kashmir has been opposed as imposing an unjustified and unaffordable financial burden on domestic consumers amid rising household costs. Immediate review and withdrawal of the increase are sought, together with measures to reduce electricity costs for domestic consumers, particularly economically weaker sections, and ensure affordable, reliable power supply.
August 24, 2026
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Wheat export liberalisation replaces prohibitions to support farm prices while domestic stocks are expected to protect consumer supply.
Wheat and wheat-product exports are liberalised with immediate effect by revising their export policy from prohibited to free. The change covers wheat, wheat flour, maida, semolina and wholemeal atta, replacing the earlier export-ban framework and simplifying exports previously permitted through licences. The measure aims to support farmers amid depressed domestic prices, while adequate domestic availability and buffer stocks are expected to meet demand and moderate consumer prices.
August 24, 2026
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Food safety compliance failures trigger licence suspensions for deficient hygiene, storage, refrigeration, sanitation and valid licensing practices.
Food safety enforcement measures resulted in suspension of food licences or registrations where establishments failed hygiene, food handling, storage, refrigeration, sanitation and licensing requirements. Deficiencies included unsafe temperature control, unclean refrigeration equipment, improper food storage and thawing, inadequate sanitisation, deteriorated or expired materials, deficient oil-quality checks, artificial colouring, pest infestation, cross-contamination risks and inadequate drainage. One outlet was also found to be operating under the name of an establishment without a valid food licence, resulting in suspension of its registration certificate.
August 24, 2026
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Central Board Governance expands through appointments of part-time non-official directors for defined terms, alongside central bank and government representatives.
Appointments to the Reserve Bank of India's Central Board expand its part-time, non-official director membership. Syed Akbaruddin, Annie George Mathew and Janmejaya Kumar Sinha have been appointed for four years from 24 August 2026, or until further orders, whichever occurs earlier. The Central Board also includes the Governor, deputy governors, the economic affairs secretary and the financial services secretary.
August 24, 2026
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Electricity tariff adjustment is linked to inflation and transmission losses, while free household units remain separately implemented.
Electricity tariff increase of 6.83 per cent after four years is presented as necessary in light of inflation and rising costs. Reducing transmission and distribution losses is identified as a means of limiting future tariff increases. Provision of 200 units of free electricity for poor and needy households through solar panels under the Muft Bijli Yojana is treated as distinct from tariff revisions.
August 24, 2026
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Sugar supply management measures target speculative stockpiling through imports, stockholding limits and earlier crushing to moderate prices.
Sugar supply is characterised as adequate, and higher prices are attributed principally to speculative buying and advance stockpiling, alongside lower output, seasonal demand and global price pressures rather than an actual shortage. Duty-free raw sugar imports and stockholding limits are intended to augment availability, curb speculative accumulation and stabilise market sentiment. Imports, existing stocks, special crushing and an earlier crushing season are expected to moderate prices and improve festive-period supply. Ethanol diversion is not identified as a cause of the price movement.
August 24, 2026
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Wheat export policy shifts to free trade, lifting restrictions on wheat flour, maida, semolina and wholemeal atta exports.
Wheat export policy has been revised from prohibited to free with immediate effect, lifting the export ban on wheat and related wheat products. The liberalised export treatment extends to wheat flour, maida, semolina and wholemeal atta. The restriction had been imposed to address rising domestic prices, and its removal is expected to improve international wheat availability.
August 24, 2026
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Bogus input tax credit fraud investigation examines fabricated invoices, circular transactions, layered funds and alleged proceeds of crime.
Investigation into alleged bogus input tax credit fraud involved searches under the anti-money-laundering framework. The alleged scheme involved fabricated invoices and e-way bills without actual movement of goods, circular transactions, layered funds, cash withdrawals and bogus or non-existent entities. GST authorities identified fraudulent availment of input tax credit causing wrongful loss to the government exchequer. The investigation focused on tracing alleged proceeds of crime, identifying beneficiaries, and securing documentary and digital evidence.
August 24, 2026
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Sugar crystallization process integration combines evaporator upgrades, continuous boiling, heat recovery and automation for efficient plantation white sugar production.
Sugar manufacturing process integration is proposed through strengthening an existing evaporator station and adding a sugar crystallization section to convert syrup production into plantation white sugar production. The scope covers design, engineering, equipment supply, erection and commissioning of condensate heaters, falling film evaporators, heat-recovery systems, continuous pans, vacuum systems and crystallizers. Continuous massecuite boiling will use chamber-specific control, while evaporator recirculation and online chemical-cleaning provisions support process control and low-grade vapour utilisation.
August 24, 2026
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Competitive examination preparation supports career pathways in civil services, public employment, management, defence, research and international higher education.
Career-development and competitive-examination preparation is offered alongside academic programmes for civil services, government and public-sector employment, banking, engineering higher education, management, defence, teaching, research and overseas education. UPSC, SSC-CGL, Bank PO, GATE, CAT, CDS, UGC-NET, GRE, GMAT and IELTS preparation includes courses, workshops, mentorship, expert guidance and examination-specific resources. Access to examinations, admissions and career opportunities remains subject to applicable eligibility, selection and institutional criteria.
August 24, 2026
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Corporate governance professionals gain expanded training infrastructure as Hyderabad's new Chapter Office supports Company Secretaries and students.
Institute of Company Secretaries of India has inaugurated a Chapter Office in Hyderabad to expand infrastructure for professional education, training, examinations, meetings, capacity-building programmes and stakeholder engagement. The facility is intended to support Company Secretaries and students and enable wider professional and educational activities. Company Secretaries are identified as corporate governance professionals, with expanding regulatory requirements and the formalisation and listing of micro, small and medium enterprises creating potential demand for qualified professionals.
August 24, 2026
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Diversified pharmaceutical growth combines branded portfolio expansion, contract manufacturing, merchant exports, and regulatory registrations for international market development.
Curis Lifesciences Limited plans a diversified pharmaceutical strategy spanning domestic branded products, contract manufacturing and international market development. Its majority acquisition of Uninova Lifesciences is intended to strengthen own-brand marketing, distribution and portfolio expansion, including injectable products through third-party manufacturing. International initiatives include merchant exports in Kenya and a Nigerian joint venture pursuing own-brand regulatory registrations alongside contract-manufacturing and export opportunities. Commercial development in Nigeria remains contingent on relevant licences and purchase orders, while projections are subject to regulatory, market and other business factors.
August 24, 2026
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Insolvency framework reform prioritises efficient resolution, value maximisation, stakeholder coordination, institutional strengthening and technology-enabled asset recovery.
Insolvency and Bankruptcy Code, 2016, entered its tenth year amid deliberations on legislative amendments, resolution timelines, stakeholder interests and value maximisation. Key areas included resolution plans and tax implications, liquidation processes, recent judicial developments, stakeholder coordination, and the roles of insolvency professionals, regulators, banking institutions and adjudicatory processes. Technological innovation, including artificial intelligence for asset tracing and recovery, alongside regulatory strengthening, capacity building and stakeholder collaboration, was emphasised for the future development of the insolvency ecosystem.
August 24, 2026
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Bilateral economic and financial cooperation will advance through investment dialogues, business engagement, financial-sector partnerships, and global economic discussions.
Official visits to Canada and the United States are scheduled to strengthen bilateral economic and financial partnerships, deepen investment linkages, and advance cooperation on global economic priorities. Engagements include an Economic and Financial Dialogue, investment and business roundtables, corporate meetings, and discussions on financial-sector cooperation, technology, innovation, critical minerals, resilient supply chains, and a Comprehensive Economic Partnership Agreement. Participation in the G20 Finance Ministers and Central Bank Governors Meeting will address global economic growth, stability, and international financial cooperation.
August 24, 2026
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Interoperable real-time payments enable inclusive retail transactions, bank participation, and cross-border digital payment expansion through UPI.
Unified Payments Interface (UPI) operates as an interoperable, real-time digital payments platform for peer-to-peer and person-to-merchant transactions. Its network includes varied banking institutions acting as remitter and beneficiary payment service providers, with performance monitoring across participants. Person-to-merchant payments drive transaction volume through routine small-ticket retail use, while person-to-person payments represent a larger share of transaction value. UPI also supports cross-border digital payments, with future growth linked to technological advancement, broader adoption, policy support, and financial inclusion.
August 24, 2026
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Service Producer Price Indices track quarterly price movements across financial, transport, telecom and insurance services using sub-service weights.
Service Producer Price Indices based on 2022-23 set out provisional first-quarter estimates for FY 2026-27 and final fourth-quarter estimates for FY 2025-26 across financial, insurance, telecom, railway and air-passenger services. Latest quarterly data show negative year-on-year inflation for securities transaction and banking services, while banking service contribution, pension-fund management, insurance, telecom and railway services record positive inflation. Aggregate weights are not assigned because the covered services do not represent the entire service sector; sub-service weights are used to derive service-level PPIs.
August 24, 2026
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Food safety cooperation supports imported-food quality information exchange and technical collaboration within broader bilateral economic and trade engagement.
India-Morocco economic cooperation is being advanced through discussions on trade diversification, market access, investment, industrial cooperation, customs, agriculture, food safety, energy, digital transformation and logistics. A proposed food safety Memorandum of Understanding would support exchanges on imported-food safety and quality, testing laboratories, analytical methods, import procedures, quality control, sampling, testing, packaging and labelling. Proposed cultural cooperation would promote professional exchanges, heritage conservation and institutional linkages.
August 24, 2026
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Foreign-exchange market conditions pressured the rupee as dollar strength, crude concerns and geopolitical uncertainty shaped narrow USD/INR trading.
Foreign-exchange market conditions led the rupee to close marginally lower against the US dollar after reversing initial gains. The USD/INR pair traded within a narrow range amid a stronger dollar index, weak domestic equity markets, importer demand, crude-oil concerns and geopolitical uncertainty. Market commentary indicated a slight negative bias for the rupee, although possible US-dollar weakness could provide support at lower levels. India's foreign-exchange reserves increased during the referenced reporting week.

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PMLA, Black Money & ED

Year End Review 2023: Ministry of Statistics and Programme Implementation

December 18, 2023

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MoSPI represents India on various international Statistical fora

India elected in United Nations Statistical Commission (UNSC) as a member for a term of four years

Through UNSC, MoSPI will have a crucial role in defining international standards, concepts and methodologies in Official Statistics

MoSPI publishes Monthly data/statistical indicators with a minimum possible time lag which is at par with the best international standards

Adopts Computer Aided Personal Interview (CAPI) for conducting surveys for faster validation and improved data quality

Technological improvement helps in reduction of Time lag of release of survey results including Quarterly Bulletins of Periodic Labour Force Survey (PLFS) from 9 months to 2-3 months from the completion of field work

Data visualization section added in the MoSPI’s website for the first time relating to NAS/GDP, CPI, PLFS and IIP

Organizes Data users’ conferences for users and stakeholders attended by experts from academia, industries, media, researches

Releases revised Guidelines on MPLAD Scheme and launches new Web- Portal for implementation of Revised Fund Flow Procedure under the Scheme

Publishes Environmental Statistics covering a wide range of topics including air  and water quality, waste generation and disposal, biodiversity and land use, greenhouse gas emissions and energy consumption

International Cooperation and Coordination with Multilateral agency

Ministry of Statistics and Programme Implementation (MoSPI) represents India on various international Statistical for a. As a befitting recognition of the Indian Statistical System, India has been elected in United Nations Statistical Commission (UNSC) as a member for a term of four years starting 1st Jan 2024 (after two-decades of vacuum). Through UNSC, MoSPI will have a crucial role in defining international standards, concepts and methodologies in Official Statistics.

In addition, India had been re-elected as (a) one of the three Vice Chairs of the Bureau of UN ESCAP Committee on Statistics (CST) and (b) to the Governing Council of Statistical Institute for Asia and the Pacific (SIAP) for the period 2022-2024.

Benchmarking of few important statistical products

MoSPI carried out benchmarking of few important statistical products with the best practices followed by other National Statistical Offices (NSOs). Various monthly data/statistical indicators like CPI and IIP are published by MoSPI, with a minimum possible time lag which is at par with the best international standards. The same is true for NAS/GDP quarterly as well as annual estimates.

Computer Aided Personal Interview (CAPI)

Regarding systemic improvement and timely publication of data, modern IT tools are being adopted for improved data capturing and processing by MoSPI. As a part of this, all the ongoing surveys are now being conducted in CAPI (Computer Assisted Personal Interview), loaded with in-built Computer Scrutiny Points (CSP), for data validation at different stages of data capturing, which is a cloud based digital platform ensuring simultaneous data processing. It enables faster validation and improved data quality along with time cycle involved in publishing the survey result.

This technological improvement caused a drastic reduction in the time lag of release of survey results including Quarterly Bulletins (QB) of Periodic Labour Force Survey (PLFS) from 9 months to 2-3 months from the completion of field work. The time lag in release of PLFS Annual Report 2022-23 has also been brought down to around 3 months from 8 months of release of PLFS Annual Report 2021-22 from end of survey period.

Data visualization

The Ministry attempted modernization of its website-based on feedback from various users, a data visualization section has been added in the MoSPI’s website for the first time. To begin with this section contains visualizations related to four databases of MoSPI, viz. NAS / GDP, CPI (Rural, Urban, Combined), PLFS and IIP. With this experience, we are expanding the scope and coverage to integrate data of other line Ministries/Departments. Participants of data users’ conference appreciated these features under the website.

Data users’ conferences:

Since October 2022, MoSPI organized three data users’ conferences for users and stakeholders. To begin with, MoSPI covered National Account Statistics (NAS) in these conferences, which were attended by experts from academia, industries, media, researches etc. The initiative is well appreciated by the participants.

Release of revised Guidelines on MPLADS and launch of new Web-Portal

MoSPI administers Members of Parliament Local Area Development Scheme (MPLADS), which enables Members of Parliament (MPs) to recommend works of developmental nature with emphasis on  creation of durable community assets based on the locally felt needs. The Scheme is governed by a set of guidelines, which has been revised and came into effect from 01.04.2023.

The Ministry has launched a web-portal for implementing fund flow procedure. The new web-portal incorporates several technology-enabled functionalities covering the entire lifecycle of a MPLADS development project and online monitoring system such as online work recommendation, online sanction/rejection, dashboards, alert generation, automatic generation of utilization/completion certificate, payment to vendors etc. The new system has brought greater improvements in functioning, implementation and monitoring of the MPLAD Scheme in line with the Digital India.

Data Governance Quality Index (DGQI) of NITI Aayog

MoSPI's score has risen from 4.08 of previous edition (2021-22/Q4) to 4.27 in the current edition (2022-23/Q4). Amongst Strategic Ministries/Departments,     in which MoSPI is placed, it occupies second position.

Swachhata Pakhwada

MoSPI celebrated Special Swachhata Pakhwada from 1st July to 15thJuly 2023. During this fortnight, a wide range of Swachhata related activities were conducted including workshops, various types of competitions for children, health camps, street plays, rallies, Swachhata Awareness drives etc.  in various schools, hospitals, orphanages, markets, industrial areas and villages across the country apart from offices of the Ministry.

Gender Statistics

The Ministry organized a seminar on "Role of Gender Statistics in Policy Making “in the month of March 2023.The 24th issue of publication titled "Women and Men in India 2022 " on 15.03.2023 to commemorate International Women's Day. The publication is a comprehensive and insightful

document, which helps us understand the disparities that exist between different groups of women and men.

Environmental Statistics

The publication "EnviStats India 2023 Vol. I: Environment Statistics " has been released on 31.03.2023, covering a wide range of topics, including air  and water quality, waste generation and disposal, biodiversity and land use, greenhouse gas emissions, and energy consumption. "Envistats India Vol.II: Environment Accounts" was released on 29th September 2023.

https://www.mospi.gov.in/sites/default/files/reports_and_publication/statistical_publication/EnviStats/Complete_ES1_2023_Vol1.pdf

https://www.mospi.gov.in/sites/default/files/reports_and_publication/statistical_publication/EnviStats/ES_Vol_II_2023.pdf

Sustainable Development Goals National Indicator Framework (NIF)

The Ministry organized a one-day workshop on "Consultation on Milestone   Setting for SDG National Indicators and Identification of National Indicators for Unaddressed SDG Targets" on 22nd February, 2023. Since the targets for SDGs are set by the UN to be achieved by 2030, the ministries and departments concerned were requested to set milestones for the interim periods to have a better monitoring of the progress made in achieving the targets. Further, against the 169 targets, national indicators are yet to be identified for a few targets. About 75 officers from concerned data source agencies/line Ministries, NITI Aayog and MoSPI participated in the workshop. Publications released:

  • Sustainable Development Goals National Indicator Framework (NIF) Progress Report 2023.

https://www.mospi.gov.in/sites/default/files/publication_reports/SDGs_NIF_Progress_Report_2023N_0.pdf?download=1

  • Data Snapshot on Sustainable Development Goals National Indicator Framework 2023.

https://www.mospi.gov.in/sites/default/files/publication_reports/DataSnapshot_on_SDGs_NIF_2023.pdf?download=1

  • Sustainable Development Goals National Indicator Framework 2023. (updated version of 2022)

https://www.mospi.gov.in/sites/default/files/publication_reports/SDGs_NIF_Progress_Report_2023N_0.pdf

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