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    Commerce Secretary Shri Rajesh Agrawal Co-Chairs India-Brazil 8th Trade Monitoring Mechanism Meeting
    NPCI International and Uzbekistan’s NIPC Partner to Enable UPI Payments Across Uzbekistan via UZQR
    Flymore Aviation Expands Access to Aviation Education Through Affordable Mobile Learning App
    Rajnath to review performances of 16 defence PSUs with focus on indigenous tech, innovation
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    Over 2.63L appear in NEET-PG; re-test announced for candidates at 2 Jaipur centres
    Delhi Lakshmi Yojana RD maturity set for July 2029, year of next Lok Sabha polls
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August 31, 2026
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Trade facilitation and pharmaceutical market access advance through regulatory cooperation, preferential trade modernisation, and reciprocal agricultural access.
India and Brazil are advancing bilateral trade, investment and economic cooperation through a diversified partnership focused on pharmaceuticals, chemicals, engineering goods and machinery. India-MERCOSUR engagement is being pursued through early finalisation of Terms of Reference for expansion and modernisation of the Preferential Trade Agreement. Pharmaceutical market access is supported by regulatory cooperation under the CDSCO-ANVISA MoU. Agricultural trade facilitation includes phytosanitary processes, reciprocal market access work and mutual recognition of Electronic Certificates of Origin, alongside multilateral coordination through BRICS, the G20 and the WTO.
August 31, 2026
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Cross-border UPI merchant acceptance enables Indian travellers to make UZQR payments at merchants throughout Uzbekistan.
Cross-border UPI merchant acceptance in Uzbekistan allows Indian travellers to make instant person-to-merchant payments through UPI-enabled applications by scanning the interoperable UZQR code. Integration with the Unified National QR infrastructure extends acceptance across retail, hospitality and service merchants. Regulatory approvals support HUMO's role as NIPL's authorised partner for cross-border merchant acceptance, reducing reliance on international cards and cash.
August 31, 2026
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Mobile-first aviation education supports accessible, self-paced certification-led learning and career awareness across aviation roles and geographic locations.
Flymore Aviation LLP operates a mobile-first aviation learning platform intended to make specialised aviation education more accessible and affordable for aspiring pilots, cabin crew and other aviation-sector professionals. The app provides structured, self-paced aviation courses aimed at building industry knowledge, supporting certification-led skill development, improving career awareness and assisting employment readiness across aviation functions. Course delivery through a digital platform is positioned as an alternative to location-dependent and high-cost classroom training.
August 31, 2026
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Indigenous defence technology and exports anchor the annual performance review of public sector defence enterprises.
Annual performance review of 16 Defence Public Sector Undertakings is scheduled with emphasis on indigenous technology, innovation, self-reliance and enhancement of defence exports. Chairpersons and managing directors of seven specified undertakings will present dividends attributable to the Government's equity shareholding. Publications cover self-reliance, student awareness of defence technologies, and modernisation and indigenisation roadmaps. Reported performance includes growth in turnover, profit after tax and defence exports.
August 31, 2026
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Employee provident fund and gratuity dues remain protected outside the liquidation estate despite competing financial creditor claims in insolvency proceedings.
Employee provident fund and gratuity dues of former Jet Airways workmen and employees were required to be paid in full by the liquidator. The NCLAT position upheld treats statutory employee dues relating to provident fund, gratuity and pension funds as outside the liquidation estate, protecting them from competing creditor claims. Financial creditors had argued that such dues should be distributed through the liquidation estate unless dedicated funds existed at the commencement of liquidation. The underlying questions of law remain open for an appropriate case.
August 31, 2026
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Rupee exchange-rate support amid dollar strength and oil risks as foreign-currency deposit flows bolster market sentiment.
Foreign-exchange market conditions saw the rupee recover from early losses amid possible Reserve Bank of India intervention to contain significant depreciation. Higher US Treasury yields, a broader dollar rally, rising crude oil prices and geopolitical supply risks pressured the currency. The special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings mobilised foreign-exchange inflows supported by non-resident Indian participation, strengthening market sentiment.
August 31, 2026
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Financial confidence gaps persist when opaque financial journeys, dark patterns and unclear communication deter informed consumer participation.
Financial-service digitisation may expand access without ensuring consumer confidence where customers cannot understand processes, assess risks or feel secure in financial decisions. Opaque claims, redemptions, eligibility criteria and approval stages can weaken trust and discourage insurance, investment and credit participation. Hidden charges, complex documentation, forced bundling and target-driven sales practices may further impair informed choice. Greater transparency, simplified communications, real-time process visibility and AI-assisted guidance are identified as measures to reduce cognitive friction and strengthen consumer control.
August 31, 2026
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NBFC licensing enables Hyundai Capital India to begin wholesale dealer financing while preparing retail finance and risk-management infrastructure.
Hyundai Capital India has commenced financial services operations after obtaining a non-banking financial company licence from the Reserve Bank of India. Initial operations concentrate on wholesale financing for local automotive dealers. Operations are intended to expand the dealer-financing network, sales infrastructure and risk-management systems across India, supporting a subsequent phased introduction of retail financing for individual customers.
August 31, 2026
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Personal insolvency resolution approval faces criticism over low creditor recovery and alleged family-linked voting influence in the resolution process.
Personal insolvency resolution approval concerning Subhash Chandra involved a repayment plan of Rs 6.5 crore against admitted creditor claims exceeding Rs 22,000 crore. Objections were raised regarding the voting influence exercised by entities linked to the debtor's family in relation to the resolution process. Pinarayi Vijayan criticised the approval, alleging preferential treatment of powerful corporate interests.
August 31, 2026
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Foreign exchange market intervention seeks to limit rupee depreciation amid oil-price pressure, dollar strength, and capital outflows.
Foreign exchange market conditions put the rupee under depreciation pressure amid higher crude oil prices, geopolitical risks, stronger US dollar conditions, expectations of tighter US monetary policy and foreign equity outflows. RBI market intervention was reported to contain significant depreciation. Improved foreign-currency non-resident bank deposit flows and higher foreign exchange reserves supported investor sentiment and the external liquidity position.
August 31, 2026
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Psychotropic medicine diversion faces NDPS enforcement where controlled tablets allegedly travel without statutory documentation and traceability details.
Enforcement action under the Narcotic Drugs and Psychotropic Substances Act, 1985 addressed alleged inter-State diversion of psychotropic medicines transported without statutory documentation. A truck carrying Alprazolam, Tramadol, Nitrazepam and Clonazepam tablets was intercepted; the medicines and vehicle were seized and one suspect was arrested. Preliminary examination indicated erasure of identifying batch and date details and transport of region-restricted medicines without invoices, bilty or e-way bills. Investigation concerns the manufacturing, supply and distribution network involved.
August 31, 2026
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Synthetic-drug trafficking enforcement targets rail-borne amphetamine and MDMA consignments through baggage interceptions, seizures, follow-up delivery operations, and arrests.
Synthetic-drug trafficking enforcement involved two intelligence-led railway-station operations targeting amphetamine and MDMA transportation and receipt. Baggage intercepted at Bengaluru contained a crystalline substance preliminarily indicating amphetamine, while a separate Pune interception recovered substances purported to be amphetamine and MDMA tablets. The contraband and related packing material were seized under the Narcotic Drugs and Psychotropic Substances Act, 1985. Follow-up delivery action identified alleged receivers, and the carriers and alleged receivers were arrested under that statutory framework.
August 31, 2026
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India-Chile CEPA negotiations seek a balanced framework to expand trade, investment, technology cooperation and resilient supply chains.
India-Chile CEPA negotiations are being advanced toward conclusion by the end of the year through a balanced and commercially meaningful framework. The proposed partnership is intended to strengthen bilateral economic ties, expand trade and investment, and create equitable opportunities for businesses and people in both countries. Cooperation is envisaged in technology, talent and resilient supply chains, alongside enhanced engagement in healthcare, pharmaceuticals, energy, minerals, agriculture, machinery and engineering.
August 30, 2026
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Sugar price controls face persistent retail and wholesale price firmness despite duty-free imports, stockholding restrictions, and export prohibition.
Sugar retail and wholesale prices remained elevated despite measures intended to curb price increases, including duty-free imports of raw sugar, tighter stockholding norms for bulk users and dealers, and a prohibition on sugar exports. Ex-mill rates declined following the permitted duty-free imports, although customary margins continued between ex-mill, wholesale, and retail prices. Projected sugar production is lower than earlier estimates, while annual domestic demand remains substantial.
August 30, 2026
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Aadhaar OTP verification expands online vehicle and licensing services, reducing physical visits and curbing intermediary exploitation.
Aadhaar-based OTP verification will be extended to additional vehicle- and driving-licence-related services through the Vahan and Sarathi portals. The digital arrangement is intended to reduce physical visits to transport offices, prevent intermediary exploitation arising from delayed processing, and enable applications to be processed on a first-come, first-served basis. Physical attendance will remain necessary for vehicle inspections, identification of legal heirs, personal hearings, and authentication where Aadhaar OTP verification fails.
August 30, 2026
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Related-party creditor voting in personal insolvency turned on whether the debtor held majority ownership or direct board control.
Dissenting lenders challenged the admission and voting rights of five creditors alleged to be family-linked associate or related entities, contending that their voting share enabled approval of a personal insolvency repayment plan. They alleged invalid post-moratorium guarantee invocations, undisclosed liabilities, inadequate claim scrutiny and incorrect voting-share computation. The third member rejected the voting-rights challenge, treating associate status as requiring the debtor's personal majority shareholding or direct board control, and accepted the repayment plan.
August 30, 2026
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Examination continuity and candidate fairness require re-examination where power failures prevent completion, alongside review of infrastructure accountability.
NEET-PG 2026 examination continuity was disrupted for candidates at two Jaipur centres because of internal power-supply failures attributable to the technological partner and examination-conducting agency. A re-examination has been scheduled for the affected candidates, with the venue and revised admit cards to be communicated separately. Action against the entities responsible for ensuring adequate examination infrastructure is under consideration.
August 30, 2026
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Women's monthly assistance eligibility restricts benefits to qualifying households and channels payments through deposits or restricted digital wallets.
Delhi Lakshmi Yojana provides monthly financial assistance to eligible women through recurring deposits and restricted Central Bank Digital Currency wallets. Recurring deposits are locked until July 31, 2029, subject to possible review of the maturity period after two years from launch. Eligibility requires a qualifying woman to be the eldest female family member, meet income, residence and voter-registration requirements, and satisfy household restrictions. Income-tax payers, GST filers, government employees, higher-electricity-consuming households and four-wheeler-owning households are excluded.
August 30, 2026
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Gasoline trade amid refinery disruptions relies on sanctioned fleets and dark ship-to-ship transfers, alongside continuing fuel export restrictions.
Russian refinery disruption has increased gasoline imports and made India a significant supplier of gasoline to Russia. Indian supplies were principally linked to the Vadinar refinery, and increased Indian purchases of Russian crude may mean exported gasoline was produced from Russian crude. Russia has retained a gasoline export ban while domestic production remains disrupted. India-origin cargoes imported during August were carried on sanctioned fleets and involved dark ship-to-ship transfers, including transfers conducted with automatic identification system signals switched off.
August 30, 2026
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Digital arrest fraud: judicial responses seek a distinct offence while preserving due process and proportionality in economic-crime enforcement.
Suo motu consideration of digital-arrest fraud reflects a proactive judicial response to video-call scams involving impersonation of police, judicial officials or bureaucrats. The Union and the States have been directed to assess the problem, with a call for a distinct offence carrying proportionate penalties. Economic-crime enforcement remains subject to safeguards requiring written grounds of arrest and preventing pre-trial detention from becoming punishment. Due process, proportionality and the presumption of innocence remain central constraints.

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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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