Loading...

Top
Help
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    Minister of State for Commerce and Industry and Electronics & Information Technology Shri Jitin Prasada Concludes Official Visit to Morocco; Co-Chairs...
    Hyderabad police caution citizens against ''Hybrid Cyber Fraud''
    Hoping to work towards further expanding scope of India-Japan trade pact: Goyal
    Bajaj Finance Personal Loan Offers Limited-Time Rewards During Loan Utsav 2026
    Commerce and Industry Minister Shri Piyush Goyal Highlights India’s Growing Startup Ecosystem at India–Japan Startup Roundtable in Tokyo
    Sugar prices rise again by Re 1 per kg to Rs 65 in retail market
    SIDBI organizes a conclave of the Heads of Regional Rural Banks (RRBs) on expanding SIDBI-RRB MSME Co-Lending arrangement
    SC sets aside show cause notice to Tata Steel over input tax credit availed during FY19-23
    HC flags fraudulent use of Aadhaar by infiltrators to get Indian citizenship; calls for action
    IVCA Welcomes Consultative Approach on Draft FEMA NDI Rules
    India to be among top 5 Nestle markets in coming years, a major export hub : Global CEO
    Build Credit Awareness with a Free Credit Score Check from Bajaj Finance
    CARD91 Introduces Five-Point Credit Lifecycle Consistency Framework for Credit Line on UPI
    RBI's Proposed Shift from Revolving Credit to Term Loans: SwiffyLabs Lending Platform Already Supports the New Construct
    The US and Canada could pull back from an all-out trade war. It's not clear that they will
    Indian Community in Japan Playing Key Role in Strengthening India-Japan Ties: Commerce and Industry Minister Shri Piyush Goyal
    Union Minister of Commerce and Industry Shri Piyush Goyal Chairs India-Japan Industry Roundtable on Semiconductors and Artificial Intelligence in Toky...
    National Traders’ Welfare Board Holds 100th VC Meeting to Strengthen Engagement with Traders Across the Country
    CCI approves acquisition of 100% share capital of Tao Digital Solutions by Cyient Ltd
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

News
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries
August 27, 2026
Show AI Summary
Preferential trade agreement exploration advances bilateral market access, pharmaceutical cooperation, investment partnerships, and diversified trade.
India-Morocco economic cooperation is expanded through the seventh Joint Commission framework, targeting deeper and more diversified trade, investment, industrial collaboration and market access across goods and services. An India-Morocco Joint Working Group is to examine bilateral trade opportunities and the feasibility of a preferential trade agreement, including tariff and non-tariff barriers, improved market access and trade facilitation. Cooperation also addresses pharmaceutical market authorisation and approval timelines, food safety, sustainable agriculture, renewable energy, artificial intelligence, healthcare, and phosphates and fertilisers.
August 26, 2026
Show AI Summary
Hybrid cyber fraud exploits stolen smartphones and intercepted verification codes to compromise digital banking and payment accounts.
Hybrid cyber fraud combines physical smartphone theft with digital financial exploitation. Offenders obtain screen-lock credentials, steal devices and use control of the active SIM card to intercept verification codes and reset UPI and digital banking credentials. Preventive measures include withholding PINs, passwords and OTPs; avoiding storage of financial and identity records on phones; and immediately blocking the SIM card and freezing digital banking and UPI services after a theft.
August 26, 2026
Show AI Summary
CEPA review aims to expand bilateral trade engagement, address export barriers, and support regulatory registrations for exporters.
India and Japan are considering a review of the Comprehensive Economic Partnership Agreement to make the bilateral trade framework more contemporary and expand its scope, scale and commercial opportunities. The review is linked to balanced trade and to identifying export barriers arising from procedural requirements, language issues and time involved in market access. Regulatory compliance assistance may support product registrations required for overseas markets, including costly chemical registrations and pharmaceutical registrations.
August 26, 2026
Show AI Summary
Personal loan reward eligibility depends on successful campaign-period disbursal, alongside review of borrowing costs and repayment capacity.
Loan Utsav 2026 provides a limited-period reward bundle to eligible customers whose personal loan is successfully disbursed during the campaign period, subject to applicable terms and conditions. Personal loans are collateral-free and available subject to eligibility, customer profile, documentation and applicable loan terms. Applicants may choose a loan amount and repayment tenure based on their requirements. Extended tenures can reduce monthly EMI obligations but may increase total interest payable. Customers should review interest rates, EMI, processing charges, other loan costs and repayment capacity before accepting a loan offer.
August 26, 2026
Show AI Summary
Deep-tech investment cooperation advances through capital corridors, innovation bridges, manufacturing integration and startup pitching platforms for cross-border growth.
India-Japan startup cooperation is proposed to advance through a deep-tech capital corridor, a two-way innovation bridge, manufacturing and technology integration, and joint startup pitching platforms. Collaboration is directed towards patient capital, early-stage research, deep-tech commercialisation, technology validation, precision manufacturing, investment and market access. The partnership also emphasises MSME integration with startups and global supply chains, co-investment mechanisms, plug-and-play infrastructure, and institutional links among universities, research institutions, incubators and industry.
August 26, 2026
Show AI Summary
Sugar price-control measures combine raw-sugar imports, stockholding limits and export restrictions to curb retail price pressures.
Sugar price-control measures combine authorised raw-sugar imports, stockholding limits for dealers and bulk consumers, and an existing export prohibition to address elevated domestic prices. Imports are permitted within the specified period, while stockholding restrictions seek to curb speculation and hoarding. Retail prices continued to rise despite lower ex-mill prices, and the regulatory approach focuses on augmenting supply, limiting stock accumulation, and preventing export-related pressure on domestic availability.
August 26, 2026
Show AI Summary
Alternative dispute resolution enabled settlement of long-pending disputes, alongside reporting on court administration and regulatory compliance concerns.
Legal developments include resolution of long-pending tenancy, commercial and property disputes through a special Lok Adalat mechanism, including a digitally signed international settlement. Other matters concern a challenge to a riot-related murder conviction, allegations of administrative irregularities and selective case listing, fast-track court pendency, cancellation of a recruitment process following suspected examination malpractice, fraudulent identity documents used to claim citizenship, medical-qualification standards, and opposition to uranium exploration and mining.
August 26, 2026
Show AI Summary
MSME co-lending supports digital paperless credit delivery through rural banks for underserved rural and semi-urban enterprises.
SIDBI-RRB MSME co-lending arrangement is proposed for expansion to increase credit access for micro, small and medium enterprises in rural and semi-urban areas. The arrangement combines SIDBI's understanding of MSME credit requirements with Regional Rural Banks' local reach. SIDBI's Co-Lending Origination Platform provides an end-to-end digital credit process intended to enable faster, paperless loan processing, in-principle sanction communication, documentation and direct account disbursement without branch visits.
August 26, 2026
Show AI Summary
Input tax credit mismatch alone cannot support fraud-based GST demand without an assessing officer's recorded satisfaction of fraud or suppression.
Section 74 GST demand proceedings require the assessing officer's independent satisfaction of fraud, wilful misstatement or suppression of facts. An input tax credit mismatch or alleged short payment alone cannot establish these conditions. Unsupported assertions of suppression for invoking extended limitation are insufficient, and audit objections cannot replace the assessing officer's satisfaction. A show cause-cum-demand notice lacking factual allegations of a deliberate device to evade tax or avail excess input tax credit is vulnerable.
August 26, 2026
Show AI Summary
Fraudulent Aadhaar procurement exposes identity-verification gaps and prompts disclosure, expedited investigation, deportation, and statutory review measures.
Fraudulent procurement of Aadhaar and other identity documents by foreign nationals who infiltrate borders may undermine identity verification, immigration control and national security. Coordinated action is required to trace and deport such persons, prevent re-entry, strengthen document verification, and complete investigations without delay. Amendments to the Aadhaar Act are to be considered to assist investigating agencies, while a dedicated procedure is required to address border infiltration and human trafficking. Aadhaar enrolment records are to be supplied to police, followed by timely deportation proceedings.
August 26, 2026
Show AI Summary
Foreign investment liberalisation proposals receive industry support, subject to preserving AIF treatment, grandfathering, and prospective application.
Proposed foreign-investment liberalisation, including treatment of stakes below 10 per cent and a greater role for market forces in valuation, is welcomed. Preservation of the existing treatment of Alternative Investment Funds under the IOCC framework is emphasised, together with grandfathering of transactions and funds undertaken under the current regulatory position. Newly introduced requirements should operate prospectively to support a simpler, predictable and investment-friendly foreign-investment framework.
August 26, 2026
Show AI Summary
India market expansion guides Nestle 's volume-led growth, export-hub development and long-term investment without compromising product quality.
Nestle 's India strategy focuses on volume-led growth, wider consumer reach, portfolio development, efficiency improvements and sustained long-term investment. Growth is intended to combine increased household penetration with pricing, premiumisation, affordability and value offerings. India is also intended to develop further as a production and export hub for global markets, supported by manufacturing capacity and expanding overseas supplies. Product quality and consumer interests remain constraints on the pace of expansion.
August 26, 2026
Show AI Summary
Credit awareness through regular score and report review supports responsible borrowing, error detection, and informed credit management.
Free online access to the Credit Pulse Report is available through the Bajaj Finance website. Users verify their registered mobile number through OTP authentication, provide identifying particulars including PAN and date of birth, and then view the available credit score. The report may be reviewed and downloaded to examine repayment history, active credit accounts, recent enquiries and other recorded credit information. Periodic review can help identify unfamiliar accounts, inaccurate repayment records, overdue amounts, unupdated information and changes in credit utilisation.
August 26, 2026
Show AI Summary
Credit lifecycle consistency requires facility-specific treatment so UPI-linked credit records, repayments and customer obligations remain aligned.
CARD91's Credit Lifecycle Consistency Framework calls for facility-specific treatment of Credit Line on UPI transactions and continuing credit events. Credit limits, outstanding balances, repayments, refunds, reversals and EMI conversions should be accurately connected to the relevant customer account and applied according to the underlying facility's terms. Bank policy, customer consent, transaction controls and portfolio actions should remain aligned. Customer-facing applications, statements and alerts should consistently reflect available credit, outstanding obligations and repayment schedules, while disputes and manual corrections follow documented, reviewable processes.
August 26, 2026
Show AI Summary
Non-revolving credit lines require term-loan structures supporting multiple drawdowns without replenishing sanctioned limits for NBFC lending products.
Proposed restrictions on revolving credit facilities for most NBFCs would generally require credit products to operate as term loans, rather than facilities in which principal repayment automatically restores the available borrowing limit. Compliance may require technology capable of managing multiple drawdowns within an approved sanction, separate repayment schedules, amortisation and servicing workflows, while preventing repaid principal from replenishing the sanctioned limit.
August 26, 2026
Show AI Summary
Reciprocal trade tariffs intensify as negotiations confront market access, cultural protections, industrial safeguards, and sovereignty concerns.
US-Canada tariff escalation involves reciprocal import duties following failed negotiations over market access and trade in dairy, alcoholic beverages, automobiles, steel, aluminium and softwood lumber. United States tariff action relies on a rarely used trade-law power permitting duties against countries considered to discriminate against American businesses, without a prior investigation or stated time limit. Negotiations also raised concerns about protection of major industries, cultural protections and Canada's freedom to conclude trade agreements with other countries.
August 26, 2026
Show AI Summary
Diaspora engagement supports skilled mobility, investment links, remittances, and citizen welfare while encouraging compliance with local laws.
Indian diaspora engagement in Japan supports bilateral goodwill, business links, investment opportunities and people-to-people ties. Skilled Indian professionals are encouraged to understand local requirements, learn Japanese language and culture, and pursue opportunities in healthcare, trades, engineering, artificial intelligence, accountancy and maritime work. Diaspora members are also encouraged to maintain connections with India, contribute through digital education and knowledge-sharing, and comply with local laws and regulations. Remittances and government support for citizens' welfare, safety and crisis assistance abroad are recognised as important aspects of diaspora engagement.
August 26, 2026
Show AI Summary
Semiconductor and AI cooperation advances through industry engagement, investment facilitation, and accelerated economic partnership review.
India-Japan cooperation in semiconductors and artificial intelligence is being strengthened through industry engagement, investment facilitation, technology partnerships and an economic-security-oriented framework. India's semiconductor strategy covers chip design, machinery and materials, fabrication, ATMP/OSAT, research, and talent development, supported by Semicon India initiatives. Bilateral engagement also seeks to address industry concerns, expand manufacturing and innovation partnerships, and accelerate review of the Comprehensive Economic Partnership Agreement to reflect emerging economic opportunities.
August 26, 2026
Show AI Summary
Virtual trader engagement platform strengthens weekly grievance feedback, policy information sharing, and institutional dialogue between government and trading communities.
The Virtual Conference Interaction Meetings provide a weekly, accessible forum for retail traders to engage with the Government, receive information on relevant schemes, policies and reforms, and submit grievances and suggestions. The platform enables recurring concerns to be identified and communicated to concerned Ministries and Departments for consideration and redressal. It seeks to strengthen institutionalised dialogue, feedback, transparency, trust and cooperation between the Government and the trader community.
August 26, 2026
Show AI Summary
Competition clearance for full acquisition permits Cyient to acquire Tao Digital Solutions, a global digital transformation and technology services provider.
Competition Commission of India approved Cyient Limited's acquisition of 100% of Tao Digital Solutions Inc.'s share capital from its existing shareholders. The full share capital acquisition transfers complete ownership of Tao Digital Solutions to Cyient. Tao Digital Solutions provides global digital transformation and technology services, including product engineering, managed services, cybersecurity, payments, digitization and AI, cloud services, and data services, and operates in India through its wholly owned subsidiary, Tao Digital India Private Limited.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Back

All News

Showing Results for : Reset Filters

Prime Minister Shri Narendra Modi inaugurates the Grameen Bharat Mahotsav 2025

January 6, 2025

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Our vision is to empower rural India by transforming villages into vibrant centres of growth and opportunity: PM

We have launched a campaign to guarantee basic amenities in every village: PM

Our government's intentions, policies and decisions are empowering rural India with new energy: PM

Today, India is engaged in achieving prosperity through cooperatives: PM

The Prime Minister Shri Narendra Modi inaugurated Grameen Bharat Mahotsav 2025 at Bharat Mandapam, New Delhi. Building a Resilient Rural India for a Viksit Bharat 2024 is the theme of the Mahotsav. Addressing the gathering on the occasion, the Prime Minister greeted all the people present a very happy 2025. He said the grand organization of the Grameen Bharat Mahotsav in the beginning of the year is giving a glimpse of the development journey of India and creating an identity of the same. He congratulated NABARD and other associates for the organization of the event.

The Prime Minister remarked that those of us who were born and brought up in the villages know the potential of the villages. He added that the spirit of the village also resides in those who live in the villages. He further added that those who have lived in the villages also know how to live the true life of a village. Shri Modi said that he was fortunate to have spent his childhood in a small town with a simple environment. He added that he spent time in the countryside later when he left the town.

“I have experienced the difficulties and am also aware of the possibilities of the village”, said the Prime Minister. He added that since childhood he had observed that although the people of the village are hardworking, they miss out on the right opportunities due to lack of capital. He further added that despite the villagers having diverse strengths in various fields, it is lost in the quest to satisfy their basic amenities. The Prime Minister noted that there were diverse challenges like natural calamities, lack of access to markets facing the farmers. He added that after having seen all these, he resolved his mind and was encouraged to tackle the challenges faced by them. He further added that the development works being undertaken today in the rural areas are inspired by the lessons and experiences from the villages. Shri Modi said that since 2014, he has been constantly in the service of rural India.

“Ensuring a dignified life for the people of rural India is the priority of my Government”, exclaimed the Prime Minister. He added that their vision was to ensure an empowered rural India, provide ample opportunities for villagers, reduce out migration and ensure ease of life of the people of villages. Therefore, he said, the Government had implemented a program in each and every village to ensure basic amenities. Shri Modi highlighted that every house was provided with a toilet as part of Swachh Bharat Mission, crores of people in rural India were given pucca houses as part of PM Awaas Yojana and lakhs of houses in villages were ensured safe and clean drinking water through Jal Jeevan Mission.

“Today, Health facilities are being provided in more than 1.5 lakh Ayushman Arogya Mandirs to the people”, said the Prime Minister. He added that Telemedicine, assisted by digital technologies, has ensured the option of best doctors and hospitals to the villages. Crores of people in the rural areas have benefited from the telemedicine through e-Sanjeevini, he further added. Shri Modi remarked that during the COVID-19 pandemic, the world wondered how India's villages would cope. He added that however, the Government ensured that vaccines reached the last person in every village.

The Prime Minister highlighted the importance of creating economic policies that consider every section of rural society to strengthen the rural economy. He was pleased that over the past 10 years, the government has formulated special policies and made decisions for every section of the village. Shri Modi remarked that just a few days ago, the Cabinet approved the extension of the PM Crop Insurance Scheme for another year and decided to continue the subsidy on DAP. He emphasised that the government's intentions, policies, and decisions are infusing new energy into rural India.

The Prime Minister underscored the goal of providing maximum economic assistance to villagers within their villages, enabling them to engage in farming and create new employment and self-employment opportunities. He noted that through the PM Kisan Samman Nidhi, farmers have received approximately ₹3 lakh crore in financial assistance. Noting that over the past 10 years, the amount of agricultural loans has increased by 3.5 times, Shri Modi mentioned that now livestock and fish farmers are being provided with Kisan Credit Cards. He added that in addition, more than 9,000 Farmer Producer Organisations (FPOs) in the country are receiving financial assistance. He further underlined that the government has consistently increased the MSP for several crops over the past 10 years.

Shri Modi highlighted the launch of campaigns like the Swamitva Yojana, through which villagers are receiving property papers. He remarked that over the past 10 years, several policies have been implemented to promote MSMEs. The Prime Minister emphasized that MSMEs have benefited from the Credit Link Guarantee Scheme, with over one crore rural MSMEs reaping its benefits. He noted that today, rural youth are receiving support from schemes like the Mudra Yojana, Start-Up India, and Stand-Up India.

The Prime Minister highlighted the significant contribution of cooperatives in transforming the rural landscape. He remarked that India is on the path to prosperity through cooperation, and for this purpose, the Ministry of Cooperation was established in 2021. He noted that around 70,000 Primary Agricultural Credit Societies (PACS) are being computerized to ensure that farmers and villagers get better value for their products, thereby strengthening the rural economy.

Shri Modi emphasised that apart from agriculture, various traditional arts and skills have been prevalent in our villages, such as blacksmithing, carpentry, and pottery. He remarked that these occupations have significantly contributed to the rural and local economy, but were previously neglected. He added that to enhance their skills and provide affordable assistance, the Vishwakarma Yojana is being implemented, giving lakhs of Vishwakarma artisans an opportunity to progress.

“When intentions are noble, the results are satisfying”, said Shri Modi. He added that the country is now reaping the benefits of the hard work done over the past 10 years. Citing a recent large-scale survey that revealed several important facts, Shri Modi noted that compared to 2011, consumption in rural India has nearly tripled, indicating that people are spending more on their preferred items. He noted that previously, villagers had to spend more than 50% of their income on food, but for the first time since independence, the expenditure on food in rural areas has fallen below 50%. He explained that this meant the people are now spending on other desires and needs, improving their quality of life.

Highlighting another significant finding from the survey, which revealed that the gap in consumption between urban and rural areas has decreased, the Prime Minister remarked that it was previously believed that urban individuals could spend more than those in villages, but continuous efforts have reduced this disparity. He emphasized that numerous success stories from rural India inspire us.

The Prime Minister noted that these achievements could have been realized during previous governments' tenures, but for decades after independence, lakhs of villages were deprived of basic necessities. He pointed out that the majority of SC, ST, and OBC populations reside in villages and were neglected by previous governments. This led to migration from villages, increased poverty, and a widening gap between rural and urban areas. Citing an example of the previous perception of border villages as the last villages of the country, Shri Modi stated that his government has given them the status of the first villages and launched the Vibrant Villages Scheme for their development. He highlighted that the development of border villages is increasing the income of their residents. He emphasized that those who were previously ignored are now being prioritized by his government.

The Prime Minister mentioned the launch of the PM Janman Yojana for the development of tribal areas, ensuring equal rights for regions that were deprived of development for decades. He remarked that over the past 10 years, his government has corrected many mistakes of previous governments. He emphasized that the government is moving forward with the mantra of national development through rural development. Shri Modi highlighted that as a result of these efforts, 25 crore people have been lifted out of poverty in the past 10 years, with the majority being from rural areas. He mentioned a recent study by the State Bank of India, which revealed that rural poverty in India has decreased from approximately 26% in 2012 to less than 5% in 2024. He noted that while some people have been chanting slogans to eradicate poverty for decades, the country is now witnessing a real reduction in poverty.

Emphasising the significant role of women in India's rural economy and the government's efforts to expand this role, Shri Modi remarked that women are redefining rural life as Bank Sakhis and Bima Sakhis, and are leading a new revolution through self-help groups. He noted that 1.15 crore women in villages have become Lakhpati Didis and the government aims to make 3 crore women Lakhpati Didis. He added that special schemes were also being implemented for women from Dalit, deprived, and tribal communities.

Underscoring the unprecedented focus on rural infrastructure, the Prime Minister highlighted that most villages are now connected to highways, expressways, and railways. He noted that under the Pradhan Mantri Gram Sadak Yojana, approximately 4 lakh kilometer of roads was constructed in rural areas over the past 10 years. “Villages are becoming modern 21st-century villages in terms of digital infrastructure”, said the Prime Minister. He noted that over 94% of rural households now have access to telephones or mobile phones and banking services and world-class technology like UPI was available in villages. Shri Modi highlighted that the number of Common Service Centers has increased from less than 1 lakh before 2014 to over 5 lakh today, providing dozens of government services online. He underscored that this infrastructure was accelerating village development, creating employment opportunities, and integrating villages into the nation's progress.

Acknowledging the significant role played by NABARD's senior management in the success of various initiatives, from self-help groups to Kisan Credit Cards, Shri Modi emphasized that NABARD will continue to play a crucial role in fulfilling the nation's goals. He highlighted the strength of Farmer Producer Organizations (FPOs) and their role in ensuring better prices for farmers' produce. He stressed the need to create more FPOs and move forward in that direction. The Prime Minister remarked that milk production is currently providing the highest returns to farmers. He emphasized the need to establish 5-6 more cooperatives like Amul, with a nationwide reach. He noted that the country is advancing natural farming in mission mode and urged the inclusion of more farmers in this initiative. Shri Modi highlighted the importance of linking self-help groups with micro and small industries (MSMEs) to meet the demand for their products across the country. He emphasized the need for proper branding and marketing of these products. He also stressed the importance of focusing on the quality, packaging, and branding of GI products.

Emphasising the need to work on diversifying rural income, the Prime Minister highlighted the importance of making irrigation affordable, promoting micro-irrigation, creating more rural enterprises, and maximizing the benefits of natural farming for the rural economy. He urged for time-bound efforts in this direction.

Shri Modi urged that the entire village should collectively take care of the Amrit Sarovar built in their village. He mentioned the ongoing 'Ek Ped Maa Ke Naam' campaign and stressed the importance of every villager participating in this initiative to plant more trees. He further highlighted the significance of harmony and love in village identity. Noting that some people are trying to spread poison in society in the name of caste and weaken the social fabric, Shri Modi urged to thwart these conspiracies and preserve the shared culture of the village.

Concluding the speech, the Prime Minister emphasized the need to continuously work towards empowering villages and ensuring that the resolutions reach every village. He expressed confidence that the development of villages will lead to the realization of a developed India.

The Union Minister of Finance and Corporate Affairs, Smt Nirmala Sitharaman and Minister of State for Finance, Shri Pankaj Chaudhary were present among the dignitaries.

Welcoming the group of diverse artisans and participants from across India to the Grameen Bharat Mahotsav 2025 (GBM2025), Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman said that under the guidance of the Prime Minister, rural development has been high on the agenda of the Government since 2014. The Government is primarily working to uplift the poor, youth, farmers and women through various Central schemes financed by the Public Sector Banks (PSBs).

"PSBs are already operating credit saturation drives in priority sectors for schemes such as PM MUDRA Yojana, PM Awas Yojana, and SVAnidhi Yojana. Taking the momentum further, the Grameen Bharat Mahotsav showcases India's rich cultural heritage as well as the aspirations of rural people and development in the four areas —GI Tags, natural farming, women empowerment, tribal welfare, with a focus on North East products," Smt. Sitharaman said.

Smt. Sitharaman highlighted that GBM2025 showcases rural products, including over 50 items with Geographical Indication (GI) tags, and underscored several initiatives aimed at women’s empowerment like Drone Didis and Lakhpati Didis programmes that have significantly contributed to skill development and economic growth among women.

Besides, the GBM 2025 exhibition also brings together small-scale industries that have flourished due to the enabling vision of the Prime Minister to provide collateral-free loans to Bonafide businesses, especially organic and natural farmers, women and Self-Help Groups (SHGs), and expansion of tribal products, the Union Finance Minister said.

Background

Celebrating Rural India's entrepreneurial spirit and cultural heritage, the Grameen Bharat Mahotsav 2025 will be held from 4th to 9th January with the theme 'Building a Resilient Rural India for a Viksit Bharat 2047’ and motto “गांव बढ़े, तो देश बढ़े”. Mahotsav aims to celebrate Rural India’s entrepreneurial spirit and cultural heritage.

The Mahotsav, through various discussions, workshops and masterclasses, aims to enhance rural infrastructure, create self-reliant economies, and foster innovation within rural communities. Its objectives include promoting economic stability and financial security among rural populations, with a special focus on North-East India, by addressing financial inclusion and supporting sustainable agricultural practices.

A significant focus of the Mahotsav will be to empower rural women through entrepreneurship; bring together government officials, thought leaders, rural entrepreneurs, artisans and stakeholders from diverse sectors to build a roadmap for collaborative and collective rural transformation; encourage discussions around leveraging technology and innovative practices to enhance rural livelihoods; and showcase India's rich cultural heritage through vibrant performances and exhibitions.

Topics

Acts Income Tax