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August 16, 2026
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LPG production preparedness requires refiners and upstream producers to maintain capacity and increase output during supply constraints.
Government has established a standing LPG production preparedness framework under which refining companies, oil marketing companies and upstream producers may be directed to increase production during supply constraints. Companies must maintain adequate LPG storage, evacuation and transportation infrastructure and pursue technically and economically feasible production-enhancing measures. Written directions may prescribe production quantities and periods, including restrictions on alternative uses of input streams required for LPG. The production schedule is updated twice yearly to reflect new facilities and added capacity from infrastructure, technology and distribution improvements.
August 16, 2026
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Free trade agreement market access requires MSMEs, farmers and exporters to meet global quality standards.
Free trade agreements expand market-access opportunities for Indian MSMEs, exporters and producers through reduced or eliminated import duties on traded goods. Textiles, machinery, medicines, seafood and agricultural products can access international markets where they meet global standards and remain competitively priced. Farmers and producers are encouraged to develop export-oriented products, including chemical-free agricultural produce, while MSMEs may use preferential trade access to support manufacturing, exports, employment and growth.
August 15, 2026
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Chemical-free farming can strengthen agricultural exports by meeting global standards and responding to rising international demand.
Chemical-free farming is urged to meet growing global demand and expand agricultural exports. Agricultural products must meet global parameters to facilitate access to international markets, including markets opened through free trade agreements. Food processing, export-oriented farm production, and global branding of traditional cuisine, millets, spices, fruits and flowers are identified as important elements of agriculture and food production policy.
August 15, 2026
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Voluntary foreign asset disclosure allows eligible taxpayers to regularise overseas holdings with immunity from further tax, penalties and prosecution.
FAST-DS permits eligible taxpayers to disclose specified undisclosed foreign assets, foreign income, and foreign assets omitted from return schedules. Undisclosed assets or income not previously offered to tax may be declared up to Rs 1 crore on payment of an effective 60 per cent levy, based on fair market value as of 31 March 2026. Assets already offered to tax, or acquired during non-resident status but omitted from the return schedule, may be declared up to Rs 5 crore on payment of a fee. Valid declarations provide immunity from further tax, penalty and prosecution, while declared amounts are excluded from total income.
August 15, 2026
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Global pharmaceutical leadership is urged through Indian firms achieving top-five status, supported by generic manufacturing and export capacity.
Indian pharmaceutical companies are urged to attain representation among the world's five leading pharmaceutical firms, despite India's established position as a major producer of generic medicines. India has a broad manufacturing base, supplies generic medicines across numerous therapeutic categories, and exports to worldwide markets including highly regulated jurisdictions. Although pharmaceutical exports and the domestic market have expanded, Indian firms have not yet secured positions among the largest global companies. Greater international scale may be supported through acquisitions and expanded established-brand and branded-generic operations.
August 15, 2026
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Foreign asset voluntary disclosure permits eligible small taxpayers to regularise qualifying assets through tax, additional levy, and statutory immunity.
FAST-DS permits eligible small taxpayers to voluntarily disclose specified foreign assets or foreign income. It covers undisclosed foreign assets or income not offered to tax, subject to an aggregate value threshold of Rs 1 crore, and certain foreign assets omitted from the relevant return schedule, subject to a Rs 5 crore threshold and prescribed fee. Payment comprises 30 per cent tax and an additional equal amount. Disclosed income or investment is excluded from total income, with immunity from further tax, penalty and prosecution under the Black Money Act for the disclosed asset or income.
August 15, 2026
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Free trade agreement opportunities require MSMEs to meet global standards and expand exports across textiles, machinery, medicines and seafood.
Free trade agreements are presented as export-market opportunities for Indian MSMEs because they reduce or eliminate import duties on a substantial range of traded goods. MSMEs are urged to expand exports of textiles, machinery, medicines and seafood, including shrimp, by meeting global quality standards and offering products competitively. Their export role is linked to self-reliance and their significant contribution to manufacturing, exports, GDP and employment.
August 15, 2026
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Windfall gains tax on petroleum exports was reduced to support domestic fuel availability and limit export price advantages.
Special additional excise duty (windfall gains tax) on exports of petrol, diesel and aviation turbine fuel was reduced from 15 August 2026. Petrol export duty was reduced to nil, and export-duty rates on diesel and ATF were lowered. Duty rates for petrol and diesel cleared for domestic consumption remained unchanged. The export-duty framework seeks to maintain domestic petroleum-product availability and limit export advantages arising from higher global crude oil prices amid West Asia tensions.
August 15, 2026
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Energy self-reliance drives diversified fuel sourcing, expanded offshore exploration, and domestic capacity to reduce geopolitical supply vulnerability.
Energy security policy seeks to reduce exposure to geopolitical pressure and supply disruption caused by dependence on overseas fuel and strategic maritime routes. India is diversifying crude oil and LNG sourcing while strengthening domestic hydrocarbon production through offshore exploration, seismic surveys, exploratory drilling and shared infrastructure. Expanded access to sedimentary basins is intended to unlock domestic oil and gas resources. Wider piped natural gas coverage, solar generation, critical-mineral exploration, and nuclear and other non-fossil energy sources support the broader objective of energy self-reliance.
August 14, 2026
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Current account deficit widened as merchandise trade imbalance expanded, despite stronger services surplus, transfers, and positive capital inflows.
India's current account deficit widened in June 2026, principally because merchandise imports increased faster than exports and expanded the merchandise trade deficit. A higher services surplus, increased net transfers and a narrower net income deficit provided partial offsets. Net capital inflows, including foreign direct investment and foreign portfolio investment, supported a positive overall monthly balance. During the April-June quarter, despite increased services surplus and net transfers, the overall balance shifted to a deficit as the merchandise trade deficit widened.
August 14, 2026
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Concessional foreign-currency swap facility closes early for new FCNR(B) deposits while ECB and OFCB access remains available.
The concessional swap facility for FCNR(B) deposits encourages foreign-currency inflows and supports foreign-exchange liquidity. New FCNR(B) deposits eligible for the facility must be mobilised by 31 August 2026, while swaps for eligible deposits may be availed until 11 September 2026. The swap arrangement for External Commercial Borrowings and Overseas Foreign Currency Borrowings remains available until 31 December 2026.
August 14, 2026
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Insurance grievance redressal requires initial insurer complaint, prompt acknowledgement, and escalation through integrated monitoring channels when resolution remains unsatisfactory.
Insurance policyholder grievances must first be raised with the concerned insurer, whose Grievance Redressal Officer and Board-level monitoring committee oversee redressal. Complaints received through digital channels, correspondence or call centres are recorded in the insurer's Complaints Management System, integrated with Bima Bharosa. Insurers must acknowledge complaints immediately and resolve them within 14 days. Where no response is received within a reasonable period or the response is unsatisfactory, policyholders may escalate through Bima Bharosa or designated helplines, email or physical correspondence.
August 14, 2026
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Foreign exchange reserve growth reflects increases in foreign currency assets, gold holdings, special drawing rights, and IMF reserve position.
India's foreign exchange reserves rose to USD 707.002 billion for the week ended 7 August 2026. The increase comprised higher foreign currency assets, gold reserves, special drawing rights and the reserve position with the IMF. Foreign currency asset valuation incorporates appreciation or depreciation of non-US currencies held in reserve assets. Measures including the FCNR(B) scheme were introduced to attract additional foreign exchange inflows.
August 14, 2026
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Wholesale and producer price indices show July inflation movements, provisional estimates, final revisions, and manufacturing input-price trends.
Wholesale Price Index, Output Producer Price Index, and trial Input Producer Price Index estimates under the 2022-23 base-year series set out provisional July 2026 measures and final May 2026 revisions. All-commodities WPI stood at 110.0 in July 2026, with year-on-year inflation of 9.78 per cent. The all-commodities Output PPI was unchanged at 109.9, while the trial Input PPI for manufacturing was provisionally estimated at 105.9. Final May WPI, Output PPI and trial Input PPI measures were revised from their respective provisional estimates.
August 14, 2026
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Logistics data visibility enables EXIM container tracking, operational analytics and multimodal shipment monitoring across India's logistics chain.
Logistics Data Bank provides near real-time visibility of India's EXIM container movement through technology-based tracking and stakeholder monitoring tools. RFID-based coverage extends across ports, terminals, inland logistics facilities, rail networks, industrial zones, borders and highways. The platform uses RFID, Internet of Things, Big Data and Cloud technologies, with analytics on dwell time, transit time, and port and terminal performance to identify logistics bottlenecks. LDB 2.0 adds high-seas tracking of export containers and multimodal shipment visibility.
August 14, 2026
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International organic buyer-seller linkages support Tripura producers through direct sourcing engagement, market access and sustainable export opportunities.
International Organic Buyer-Seller Meet in Tripura created a direct platform for organic producers, Farmer Producer Organisations, exporters and international buyers to explore sourcing opportunities, market requirements and long-term commercial linkages. Organic and naturally produced goods, including Queen Pineapple, GI-tagged Kalikhasa Rice, organic ginger and turmeric, black sesame, jackfruit and scented lemon, were showcased through product displays and producer interactions. The initiative seeks to strengthen global market access, sourcing partnerships and income opportunities for organic farmers.
August 14, 2026
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Wholesale price inflation moderation was driven by softer fuel prices, while manufactured goods and primary articles recorded higher inflation.
Wholesale price inflation moderated in July, led by a decline in fuel and power inflation and a marginal easing in food-article inflation. Inflation in manufactured products and primary articles increased, making the moderation uneven across groups. Mineral oils, food articles, basic metals, non-food articles, food products, and chemical products remained significant inflation drivers. The output Producer Price Index remained unchanged year-on-year, with lower manufacturing and mining inflation offset by higher agriculture and electricity producer-price inflation.
August 14, 2026
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International investment-grade issuer ratings support expanded foreign-currency funding, trade finance, correspondent banking and cross-border financial market access.
IDFC FIRST Bank's inaugural international investment-grade issuer credit ratings, with a stable outlook, are expected to improve access to international funding markets and global financial counterparties. The rating is intended to support standby letter of credit lines, foreign-currency funding through its GIFT City International Banking Unit, mobilisation of FCNR(B) deposits, correspondent banking relationships and cross-border trade finance. Strong capitalisation, improving profitability, stable asset quality and a granular retail funding profile underpin the outlook.
August 14, 2026
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Clandestine psychotropic drug manufacturing faces enforcement targeting precursor chemicals, concealed laboratories, illicit production networks and trafficking operations.
Enforcement action against clandestine manufacture of psychotropic substances led to the detection of a residential drug-production facility. Searches recovered amphetamine and intermediary forms, precursor chemicals, reagents, raw materials, and manufacturing equipment. Field testing indicated the presence of amphetamine, a psychotropic substance regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985. The recovered apparatus and materials indicated illicit manufacture, while preliminary investigation pointed to short-term, intermittently operated facilities intended to conceal production activities.
August 13, 2026
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International banking unit expands cross-border financing, trade finance and foreign-currency service access through GIFT City operations.
UCO Bank has launched an International Financial Services Centre Banking Unit at GIFT City to provide permitted international banking services. The unit offers trade finance, external commercial borrowings, foreign-currency loans, loan syndication, treasury services and other permitted financial services. It serves Indian corporates, exporters, importers, financial institutions, overseas businesses and other eligible customers requiring cross-border financing and access to global financial markets. FCNR(B) deposits are also offered through the unit.

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Setting Up of Industries.

August 13, 2012

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Press Information Bureau
Government of India
Ministry of Commerce & Industry

13-August-2012 17:12 IST

Setting Up of Industries

Planning Commission set up an Inter-Ministerial Task Group for Redressal of Growing Regional Imbalances in August 2004. The Task Group identified 170 districts on 17 chosen parameters for backwardness including preponderance of agricultural labourers in the population, per capita credit-deposits, infrastructure and institutional facilities and percentage of Scheduled caste and Scheduled Tribe as overall proxy for regional backwardness. The Backward Regions Grant Fund (BRGF) was launched in August 2006. The programme covering 272 districts continued during the 11th Five Year Plan.  As exercise is being undertaken to restructure BRGF including identification of backward areas for the 12th Five Year Plan. No study has been conducted to identify industrially backward region of the States for their development.

State-wise details of industries set up  as reflected in Industrial Investment Intentions in terms of IEMs filed, Letters of Intent Issued and Direct Industrial Licence granted during the last three years in the country is at Annexure 1(A&B).

 Details of financial Assistance provided under Central Capital Investment Subsidy scheme, Central Interest Subsidy Scheme and Central Comprehensive Insurance Scheme  to the Special Category States of Jammu & Kashmir, Himachal Pradesh  and Utarakhand are in Annexure 2. From 2002-03 to 2011-12, employment generated was 68,393 in Jammu & Kashmir, 1,05,452 in Himachal Pradesh  and 3,18,890 in Utarakhand. Requests from other states have been received for similar packages, but it has been the consistent stand of the Government not to announce any fresh package in view of the fact that the above mentioned special category States have adverse geographical locations due to hilly and remote terrain and other specifications. There is no proposal to extend any such incentives to other States.

 

 

Annexure-1A

 

ANNEXURE 1A REFERRED TO IN REPLY TO PART(C) OF  LOK SABHA UNSTARRED QUESTION NO 550 FOR ANSWER ON 13.8.2012 REGARDING ‘SETTING UP OF INDUSTRIES’

STATEWISE AND YEARWISE BREAK UP OF INDUSTRIAL INVESTMENT INTENTION IN TERMS OF IEMs FILED/LOIs/DILs ISSUED*

NAME OF THE STATE

2009

2010

2011

2012(JUNE)

Nos

Nos

Nos

Nos

Andaman & Nicobar

1

0

0

0

Andhra Pradesh

319

519

392

169

Arunachal Pradesh

4

5

7

3

Assam

45

37

32

14

Bihar

32

46

31

12

Chandigarh

0

1

1

0

Chhattisgarh

293

256

114

55

Dadra & Nagar Haveli

50

63

55

12

Daman & Diu

39

35

21

2

Delhi

21

19

12

1

Goa

46

39

23

12

Gujarat

376

497

544

254

Haryana

85

141

118

58

Himachal Pradesh

41

54

36

34

Jammu & Kashmir

23

23

21

19

Jharkhand

65

53

25

10

Karnataka

179

269

217

76

Kerala

8

8

12

3

Lakshadweep

0

0

0

0

Madhya Pradesh

182

226

191

59

Maharashtra

594

759

975

275

Manipur

0

1

1

1

Meghalaya

10

14

6

3

Mizoram

0

0

1

0

Nagaland

0

0

1

0

Orissa

99

179

119

36

Pondicherry

14

14

8

2

Punjab

68

103

113

42

Rajasthan

88

125

166

101

Sikkim

8

13

15

6

Tamil Nadu

236

237

258

104

Tripura

2

1

3

1

Uttar Pradesh

176

172

165

63

Uttaranchal

165

217

80

27

West Bengal

206

209

136

44

Location in more than One State

0

1

1

0

Total

3475

4336

3900

1498

*:     IEMs: Industrial Entrepreneur Memoranda filed for delicensed sector falling under non MSME category LOIs: Letters of Intent issued; DILs: Direct Industrial Licences granted;

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Annexure-1B

 

ANNEXURE 1B REFERRED TO IN REPLY TO PART(C) OF  LOK SABHA UNSTARRED QUESTION NO 550 FOR ANSWER ON 13.8.2012 REGARDING ‘SETTING UP OF INDUSTRIES’

STATEWISE  BREAK UP OF IEMs IMPLEMENTED   BASED ON PART B OF IEM FORM FILED BY ENTREPRENEURS 

 

Name of the State/UTs

2009

2010

2011

2012  (June)

Andaman & Nicobar

1

0

0

0

Andhra Pradesh

82

86

86

45

Arunachal Pradesh

0

0

0

1

Assam

10

9

13

10

Bihar

1

0

2

4

Chandigarh

0

0

0

0

Chhattisgarh

6

10

0

0

Dadra & Nagar Haveli

9

7

6

3

Daman & Diu

3

13

1

1

Delhi

2

0

1

0

Goa

5

6

7

2

Gujarat

76

56

50

27

Haryana

21

13

7

8

Himachal Pradesh

7

7

3

5

Jammu &Kashmir

3

3

0

0

Jharkhand

0

2

5

1

Karnataka

31

19

22

3

Kerala

1

0

0

0

Lakshadweep

0

0

0

0

Madhya Pradesh

30

12

11

9

Maharashtra

289

87

120

49

Manipur

0

0

0

0

Meghalaya

0

0

2

0

Mizoram

0

0

0

0

Nagaland

0

0

0

0

Orissa

1

6

5

1

Puducherry

2

2

2

0

Punjab

16

7

2

3

Rajasthan

10

27

14

11

Sikkim

4

4

3

2

Tamil Nadu

39

27

28

7

Tripura

1

0

0

0

Uttar Pradesh

18

24

20

11

Uttarakhand

68

159

31

34

West Bengal

68

50

33

18

Total

804

636

474

255


  Annexure-2

ANNEXURE 2 REFERRED TO IN REPLY TO PART(d) TO (g) OF  LOK SABHA UNSTARRED QUESTION NO 550 FOR ANSWER ON 13.8.2012 REGARDING ‘SETTING UP OF INDUSTRIES’

DETAILS OF THE FUND RELEASED UNDER THE SCHEME VIZ. “PACKAGE FOR SPECIAL CATEGORY STATES” (PLAN) SINCE ITS INCEPTION

                                                                                                                                                                   

                                                                                                                                                                                                    (Rupees in crore)

 

S.No

Name of the State

Scheme

2002-03

2003-04

2004-05

2005-06

2006-07

2007-08

2008-09

2009-10

2010-11 

2011-12

Total

1

Jammu & Kashmir

Central Capital Investment Subsidy Scheme

NIL

2.00

NIL

NIL

NIL

4.00

NIL

NIL

5.00

19.73

30.73

 

 

Central Interest Subsidy Scheme

NIL

1.75

NIL

NIL

NIL

NIL

11.57

12.00

18.01

36.59

79.92

 

 

Comprehensive Insurance Scheme

NIL

NIL

NIL

NIL

NIL

NIL

NIL

NIL

0.13

3.27

3.40

 

 

 

J&K Entrepreneurship Development Institute

NIL

NIL

4.60

NIL

NIL

NIL

2.86

NIL

1.80

1.93

11.19

 

Total

 

NIL

3.75

4.60

NIL

NIL

4.00

14.43

12.00

24.94

61.52

125.24+

50.00

(Equity

Share)*

2.

Himachal Pradesh

Central Capital Investment Subsidy Scheme

2.50

NIL

NIL

7.00

12.00

20.00

22.57

19.00

29.84

101.37

214.28

 

Total

 

2.50

NIL

NIL

7.00

12.00

20.00

22.57

19.00

29.84

101.37

214.28

 

3.

Uttarakh-and

Central Capital Investment Subsidy Scheme

2.50

NIL

NIL

7.00

9.00

5.00

23.00

18.50

10.22

75.51

150.73

 

Total

 

2.50

NIL

NIL

7.00

9.00

5.00

23.00

18.50

10.22

75.51

150.73

 

 

 

Grand Total

 

5.00

3.75

4.60

14.00

21.00

29.00

60.00

49.50

65.00

238.40

490.25

This information was given by the Minister of State  for Commerce &     Industry Shri Jyotiraditya M. Scindia  in written reply to a question in Lok  Sabha today.

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