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October 6, 2026
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Financial inclusion drives digital lending, insurance claim awareness, portal enrolment, and banking access for marginalised sections.
Banks were urged to expand brick-and-mortar branches and banking correspondent coverage in unbanked villages, strengthen digital outreach, and implement end-to-end digital loan processing. Working-capital lending for micro-enterprises through UPI-linked credit lines and credit cards was highlighted. Banks were also directed to increase awareness of insurance claim eligibility, exercise care in claim-related grievance handling, and enrol new PMJJBY and PMSBY beneficiaries through the Jan Suraksha portal.
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Union Cabinet approval commits Rs.10,000 crore towards establishment of the SME Growth Fund as an Alternative Investment Fund framework for direct equity investment in small and medium enterprises. The initiative is intended to catalyse long-term, patient growth capital for SMEs and address the identified shortage of equity financing for enterprises beyond the early stage, where existing equity-support funds predominantly serve micro and early-stage businesses.
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Integrated transport planning framework establishes an SPV for national master planning, major-project appraisal, monitoring, and transport data analytics.
Integrated Transport & Logistics Authority will function as a special purpose vehicle for integrated transport and logistics planning, research, technical project appraisal, monitoring, policy support and data analytics. It will prepare a long-term National Transport Master Plan, assess sectoral and annual plans for alignment and multimodal integration, technically appraise and monitor specified major infrastructure projects, and undertake impact assessments. It will also maintain a unified transport data repository and support logistics-policy review, capacity building, training, skilling, research and innovation.
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Corporate social responsibility should shift from statutory compliance to needs-based, evidence-led collaboration with impact assessment and technology-enabled monitoring.
CSR is grounded in trusteeship and in companies' responsibilities to employees, communities and the environment, rather than shareholders alone. The framework includes the Unspent CSR Account, multi-year projects, certification of fund utilisation and impact assessment. CSR is intended to leverage corporate resources, technology and expertise, rather than merely supplement public expenditure. Needs-based project selection, community participation, need and social-impact assessment, implementing-agency capacity, resource pooling and technology-enabled monitoring are emphasised to move from compliance and spending towards evidence-based transformation.
October 5, 2026
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Financial stability is pursued by strengthening resilience rather than preventing every shock. The framework combines prudent regulation, risk-based supervision, stress testing, countercyclical macroprudential measures, targeted temporary liquidity assistance and resolution. Monetary policy remains directed to price stability, while financial-stability risks are addressed through regulatory, supervisory and macroprudential tools. System-wide resilience requires sound banks and NBFCs, reliable payment and technology infrastructure, robust data on interconnected exposures, scenario analysis, credible safety nets, and proactive proportionate oversight of cyber, model and third-party risks.
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WASH-focused social bond financing mobilises capital for safe water, sanitation and hygiene access in rural and underserved communities.
NABKISAN Finance Limited listed India's first social bond dedicated exclusively to water, sanitation and hygiene on the National Stock Exchange. The five-year issue raised Rs. 180 crore, carries an 8.10% coupon, matures in September 2031, and holds domestic AAA stable credit ratings. Proceeds are earmarked for safe water, sanitation and hygiene solutions in rural and underserved communities.
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NDPS Act enforcement involved three intelligence-led operations addressing trafficking of amphetamine, cocaine and heroin. Searches of a vehicle's spare tyre, chocolate tubes in cabin baggage, and a backpack carried in a car-pooling taxi revealed concealed substances that tested positive through field-testing kits. The amphetamine, cocaine and heroin were seized, along with the vehicle in the amphetamine operation, and five persons were arrested under the NDPS Act, 1985.
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Multistate Registration enables normal taxpayers seeking GST registration under the same PAN in more than one State or Union Territory to apply simultaneously. A Master TRN is generated after selection of the intended jurisdictions and must be submitted with Common Registration Information. Individual TRNs are then generated for each selected jurisdiction, with common information auto-populated and editable. Applicants must provide principal and additional places of business, State-specific information, and Aadhaar authentication.
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CAPEX 2026 collects information from selected large private corporate enterprises on past, provisional and intended capital expenditure across asset groups and sectors, including investment strategies, financing, green energy and robotics. Responses are self-compiled through a secure portal with bilingual and digital assistance. Complete, accurate and timely reporting supports validation and aggregate investment indicators. Individual enterprise information is protected through confidentiality safeguards, and unit-level CAPEX data are not disseminated.
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International trade negotiations training addressed WTO rules, dispute settlement, sustainability, trade remedies, digital trade, and services.
Trade-negotiation capacity-building introduced foundational trade theory and the WTO framework, followed by instruction on treaty interpretation, trade data and dispute settlement. Specialised sessions addressed trade remedies, rules of origin, non-tariff measures, intellectual property rights, digital trade and services. It also considered labour, environmental and sustainability issues, including carbon border adjustment and deforestation requirements, within an increasingly complex global trade environment.
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Food security safeguards distinguish transparent public stockholding measures from coercive trade actions within multilateral trade cooperation.
India maintains public stockholding, procures food from small and marginal farmers, and may adopt temporary, transparent measures during harvest shortfalls to preserve food availability and affordability. These food-security measures are identified as recognised within the WTO framework. A distinction is advanced between legitimate food-security interventions and coercive trade actions used to exert pressure on other countries. G20 Trade Ministers reached consensus on a statement addressing the weaponization of food through coercive trade actions and committed to continued cooperation.
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The Insolvency and Bankruptcy Code seeks faster, value-maximising resolutions through legislative responsiveness, technology adoption and adherence to prescribed timelines. Reform priorities include reducing case-disposal delays, speeding consideration of resolution plans, revising admission thresholds, mediation and sector-specific carveouts. The framework is associated with creditor recoveries, rescue of viable businesses and changed debtor-creditor behaviour.
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Export-led market access for Makhana expands overseas buyer linkages, supports higher producer returns, and promotes European market diversification.
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FPO-led export market access links processed food producers with global buyers and strengthens agricultural value-chain participation.
APEDA facilitated an FPO-led export of frozen food products to Canada by Aterna Foods Producer Company Limited, with support under its Financial Assistance Scheme. The export included frozen vegetables, sweet corn, samosa and other processed food products. Market-linkage initiatives connect Farmer Producer Organisations and Farmer Producer Companies with exporters and global buyers, promoting export-oriented value chains and integrating agricultural produce with processing and international markets.
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RELIEF timeline extension preserves credit-insurance support and premium protection for exporters facing West Asia maritime disruptions.
Component II of the RELIEF intervention extends operational timelines for exporters affected by West Asia maritime-logistics disruptions. It encourages eligible exporters to obtain ECGC cover for upcoming shipments to specified regions with 95% risk coverage. Benefits apply to qualifying Stand Alone Policies and Whole Turnover Policies, covering full container load, less than container load, and reefer containers, but excluding energy shipments. Eligible exporters' insurance premium cannot increase beyond the pre-disruption level during the relevant period.
October 3, 2026
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RoDTEP duty remission continues for eligible exporters, preserving existing rates and value caps through the extended period.
RoDTEP Scheme continuation is extended until 31 December 2026 for exports made by Domestic Tariff Area units, Advance Authorisation holders, Special Economic Zone units and Export Oriented Units. The scheme remits embedded, un-rebated Central, State and local duties, taxes and levies borne on exported products. Existing RoDTEP rates and value caps remain unchanged throughout the extension.
October 3, 2026
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Wildlife trafficking enforcement targeted unlawful possession, transport and proposed sale of ivory, leopard skin, pangolins and tiger parts.
Illegal wildlife trafficking operations addressed alleged possession, transportation, and attempted sale of elephant ivory, leopard skin, live pangolins, and tiger parts. Possession without licence and trade in elephant ivory or ivory articles are prohibited under the Wild Life (Protection) Act, 1972. Leopards, pangolins, tigers, and their body parts receive Schedule I protection, while pangolins are also listed in CITES Appendix I, prohibiting international trade. Recovered wildlife articles, live animals, and vehicles were transferred or seized for action by forest and specialised wildlife enforcement agencies.

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Abu Azmi retracts remark on Aurangzeb after uproar in legislature as Mahayuti seeks treason charge

March 4, 2025

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Mumbai, Mar 4 (PTI) Samajwadi Party MLA Abu Asim Azmi's remarks praising Mughal emperor Aurangzeb rocked the Maharashtra legislature on Tuesday with the ruling Mahayuti members seeking his suspension and accusing him of treason, prompting the legislator to retract his statements later.

Both the Houses of the state legislature were adjourned for the day over the issue.

In a post on X after that, Azmi said his statements were twisted.

"Whatever I have said about Aurangzeb is something that has been stated by historians and writers. I have not made any derogatory remarks against Shivaji Maharaj, Sambhaji Maharaj or any national icons. Still, if anyone is hurt by my remarks, then I take back my statements and comments," he said.

The issue is being politicised. Disrupting the budget session due to this is a loss of people of Maharashtra, he said.

In Delhi, the BJP latched on to Azmi's remarks and slammed the Congress and other opposition parties, stating that they could stoop down to any level in their bid to "eradicate" Sanatan Dharma.

As proceedings of both the Houses began, the Mahayuti members started raising slogans seeking action against the SP's state president.

They claimed Azmi was a descendent of Aurangzeb, who tortured Chhatrapati Sambhaji Maharaj and brutally killed him.

Deputy Chief Minister and Shiv Sena head Eknath Shinde led the attack on Azmi both in the legislative council and assembly.

In the council, the former CM said Azmi also made objectionable statements in the past against Shivaji Maharaj.

"Azmi is purposely insulting Shivaji Maharaj and Sambhaji Maharaj. Sambhaji's Maharaj's bravery and Aurangzeb's cruelty will give goosebumps to people," Shinde said in the council.

Aurangzeb tortured Sambhaji Maharaj in an inhuman way. Azmi referred to Aurangzeb as an able administrator who built temples but he razed Kashi Vishveshwar temple, Shinde said.

The Mughal emperor not only killed Hindus but also people from other religions, he said.

"Aurangzeb lost even after he won, but Sambhaji, through his bravery, won even even after his sacrifice. He (Aurangzeb) is a demon. Even a true Muslim will not forgive the progeny of traitors. It is wrong to eulogise Aurangzeb," he added.

The deputy CM also demanded that Azmi's membership of the legislative assembly be revoked.

In the assembly, Shinde dubbed Azmi a "traitor" and said he had no right to sit in the House.

He asked SP MLA Raees Shaikh to watch the recent Hindi film 'Chhaava', which has documented the bravery and sacrifice of Sambhaji Maharaj.

"See the torture Sambhaji Maharaj endured for 40 days. Aurangzeb asked him to change his religion," he said.

Sambhaji Maharaj won 70 battles in nine years, he said, adding that Aurangzeb demolished temples and killed his own family.

Industries Minister Uday Samant (Shiv Sena) reiterated the demand that Azmi be suspended from the House and be booked for treason, while BJP's Atul Bhatkhalkar made similar demands.

"We cannot tolerate praise of a person who harassed Chhatrapati Shivaji Maharaj and tortured Chhatrapati Sambhaji Maharaj," Samant said.

Sudhir Mungantiwar (BJP) demanded that Aurangzeb's grave (in Maharashtra) be demolished.

Amid the uproar, opposition Shiv Sena (UBT) member Bhaskar Jadhav, who tried to speak on an adjournment notice submitted by him in the legislative assembly, termed developments in the House as "drama".

The assembly proceedings were adjourned three times after din over the issue, and later adjourned for the day.

Azmi had said that during Aurangzeb's reign, India's border reached Afghanistan and Burma (Myanmar).

"Our GDP accounted for 24 per cent (of the world GDP) and India was called a golden sparrow (during his regime)," claimed the MLA from Mankhurd Shivaji Nagar constituency in Mumbai.

Asked about the fight between Aurangzeb and Maratha king Chhatrapati Sambhaji Maharaj, Azmi had termed it a political battle.

In the legislative council, Leader of Opposition Ambadas Danve said not only Azmi but those insulting national icons, including Chhatrapati Shivaji, should be punished.

Council Chairman Ram Shinde said the government should take strict action against whoever has spoken against national icons and Chhatrapati Shivaji.

Following din over Azmi's comments, the Upper House was briefly adjourned twice and then for the day.

In Delhi, BJP national spokesperson Sudhanshu Trivedi termed Azmi's remarks an "insult to the entire Indian society" and alleged that the opposition INDIA bloc constituents are engaged in a "cut-throat competition" with each other to prove themselves anti-Hindu for minority votes.

He also called the comments a "cruel joke" on the traditions established by Chhatrapati Shivaji and the sacrifices made by Chhatrapati Sambhaji.

"This unwarranted and unwanted glorification of Aurangzeb, who was one of the most cruel and tyrannical rulers in history, is an insult to Indian society. This is an old tendency of the Congress and 'INDI alliance'. Earlier, their Rajya Sabha MP Imran Pratapgarhi had visited Aurangzeb's tomb and prayed," Trivedi said.

Meanwhile, the Mumbai police began a probe into a case registered against Azmi over his remarks.

The police have invoked Bharatiya Nyaya Sanhita sections 299 (deliberate and malicious acts intended to outrage religious feelings by insulting religion or religious beliefs), 302 (uttering words with deliberate intent to wound religious feelings) and 356(1) & 356(2) (defamation). PTI PR MR DC PK KSS GK NP

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