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    Vijayan slams Kerala govt's move to end doorstep pension delivery through cooperative banks
    Kerala to stop welfare pension delivery through cooperative banks, shifts to DBT
    China's exports slow slightly in July despite robust demand for high-tech products
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    August 7, 2026
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    Direct benefit transfer for welfare pensions replaces cooperative-bank doorstep delivery, while retaining limited home service for excluded beneficiaries.
    Direct Benefit Transfer for social security and welfare pensions is to be made through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep delivery. Home delivery remains available for bedridden persons and others who cannot be excluded. The change is associated with delays in remitting undistributed amounts, record-update failures, reconciliation issues, duplicate payments, and incomplete Aadhaar-based payment implementation. Concerns have been raised that mandatory bank-account credit may disadvantage beneficiaries dependent on doorstep delivery.
    August 7, 2026
    Show AI Summary
    Direct Benefit Transfer for welfare pensions replaces doorstep cooperative-bank delivery, while home delivery remains for bedridden beneficiaries.
    Direct Benefit Transfer of social security and welfare pensions is to be made mandatory through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep distribution. Home delivery continues for completely bedridden beneficiaries and others who cannot be excluded. The change addresses delays in remitting undistributed amounts, record-update and reconciliation deficiencies, duplicate payments linked to incomplete Aadhaar-based payments, delivery incentive costs, and the need to comply with Direct Benefit Transfer norms to avoid loss of central financial assistance.
    August 7, 2026
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    Customs trade data show moderating July growth while high-technology exports, vehicles and advanced manufacturing supplies remain strongly supported.
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    August 7, 2026
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    BRICS industrial cooperation advances MSME, photovoltaic, startup and logistics frameworks alongside resilient trade and digital services collaboration.
    BRICS industrial cooperation under PartNIR was strengthened through a Joint Declaration and institutional measures addressing MSMEs, photovoltaics, startup-led innovation, and resilient transport and logistics. The measures include an SME cooperation framework, Terms of Reference and an Action Plan for photovoltaic industry cooperation, and a startup innovation action plan. Trade discussions focused on the multilateral trading system, MSME participation in international trade, resilient global value chains, and cross-border digitally delivered services within a rules-based trading framework.
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    Certified organic export promotion: BIOFACH INDIA facilitates buyer-seller engagement, certification awareness, traceability discussions and international market access.
    BIOFACH INDIA 2026 promotes certified organic exports by providing a platform for Indian organic enterprises to showcase diverse certified products and engage with overseas buyers through structured Buyer-Seller Meets. Technical sessions address organic certification, traceability, sustainability, quality standards, international regulatory requirements and export-market expectations. The initiative supports quality assurance, international market access, export linkages and sustainable agricultural practices across the organic value chain.
    August 6, 2026
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    Device-based loan recovery restrictions protect essential mobile functions while permitting gradual locking only for lender-financed devices.
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    August 6, 2026
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    Bilateral trade agreement negotiations should secure tariff certainty, protect key exports, strengthen supply chains, and support vulnerable small industries.
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    August 6, 2026
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    Ethanol imports for fuel blending remain excluded from trade commitments, with domestic producers continuing to supply the blending programme.
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    August 6, 2026
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    Domestic ethanol sourcing for fuel blending continues unchanged, with no import commitments or concessions involving United States ethanol.
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    August 6, 2026
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    Patent and trade marks agent qualification examinations require written-paper minimums, aggregate passing scores, and viva voce assessment for registration.
    Patent and trade marks agent examinations comprise an objective Paper I, a descriptive Paper II and a viva voce assessing suitability to practise before the Intellectual Property Office. Candidates must secure the stipulated minimum marks in each written paper and the required aggregate score to pass. Registration in the relevant Register of Patent Agents or Register of Trade Marks Agents is available only to candidates who satisfy all prescribed eligibility conditions and qualify the examination.
    August 6, 2026
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    Draft NBFC credit-facilities amendments open for stakeholder consultation through designated online and email feedback channels.
    Draft amendments to the Non-Banking Financial Companies credit-facilities framework have been released for public consultation. Regulated entities and other interested stakeholders may submit comments or feedback through the 'Connect 2 Regulate' platform or by email using the specified subject line.
    August 6, 2026
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    Mandatory jute packaging reservations were urged to protect cultivators, mill workers, crop absorption, and environmentally sustainable packaging.
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    NBFC Upper Layer classification imposes enhanced regulation and listing obligations, while de-registration applications remain under examination.
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    Closing auction price discovery may affect benchmark levels differently based on constituent liquidity and concentrated institutional order flow.
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    Public grievance redressal strengthens through monitoring, senior review, workshops, stakeholder coordination, and customer-centric service delivery improvements.
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    Distressed asset resolution integrates restructuring, insolvency advisory, funding facilitation and digital marketplaces for transparent financial recovery transactions.
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    August 6, 2026
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    Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
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    August 6, 2026
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    Neutral monetary policy stance continues as resilient growth and food-fuel inflation risks require close macroeconomic monitoring.
    The Monetary Policy Committee retained the policy repo rate and continued the neutral monetary policy stance, citing the need to assess evolving growth-inflation conditions. Domestic activity was assessed as resilient, supported by consumption, investment, credit, manufacturing, services and exports, although global uncertainty, energy prices, supply-chain pressures, geopolitical developments and monsoon conditions remain risks. CPI inflation increased mainly because of food and fuel pressures, while underlying inflation remained moderate. The Committee considered that price pressures were not yet generalised and reaffirmed its commitment to align inflation with the target.
    August 6, 2026
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    Closing auction price discovery and a neutral monetary policy stance shaped equity market conditions amid lower crude prices.
    The Closing Auction Session in the equity cash segment introduced an auction-based mechanism for determining closing prices of eligible shares with futures and options contracts, intended to make price discovery more transparent and robust. The Reserve Bank of India retained its neutral stance and left the benchmark policy rate unchanged, pending greater clarity on the inflationary effects of higher energy costs. Future policy decisions were stated to be data dependent.
    August 6, 2026
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    Monthly public accounts review records receipts, expenditure, tax devolution, interest payments, subsidies, and capital spending through June.
    Consolidated monthly accounts up to June 2026 report total receipts of Rs.10,49,243 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.2,63,336 crore. Total expenditure is Rs.13,57,076 crore, including revenue expenditure of Rs.10,16,818 crore and capital expenditure of Rs.3,40,258 crore. Revenue expenditure includes interest payments and major subsidies.

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      Cong slams BJP govt in Chhattisgarh assembly over 'shortage' of fertilisers, urea

      July 14, 2025

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      Raipur, Jul 14 (PTI) The opposition Congress demanded a discussion in the Chhattisgarh assembly on the first day of the Monsoon Session on Monday on shortage of seeds and fertilisers that it claimed had affected agricultural activities in the ongoing crop season.

      Raising the issue during Zero Hour, Leader of Opposition Charan Das Mahant, former chief minister Bhupesh Baghel and others from the Congress said the BJP government in the state had failed to ensure adequate supply of fertilisers and seeds for Kharif season 2025.

      "There is an outcry for DAP (Diammonium Phosphate) and urea fertilizers in the state. The target set for DAP distribution for Kharif 2025 season was 3.10 lakh tonnes, which was 30,000 tonnes less than the previous Kharif 2024 season. So far in the ongoing season, only 1.01 lakh metric tonnes have been supplied," the Congress leaders said.

      The target for urea distribution was 7.12 lakh tonnes but only 3.59 lakh tonnes were supplied. they claimed, adding the state government, amid protests by farmers, revised the target for DAP from 3.10 lakh metric tonnes to 1.03 lakh metric tonnes in a "deceitful manner".

      The state wants to reduce the production of paddy by creating an artificial fertiliser crisis, therefore supply was being curtailed, they alleged.

      The demand for paddy seed was 4,32,159 quintals but its storage in cooperative societies is only 3,83,169 quintals, the Congress said while claiming that fertiliser is available in the private sector but shopkeepers have been indulging in black marketing taking advantage of the shortage in cooperative societies.

      "There are 40.10 lakh farmer families in the state, of which 80 per cent fall in the small and marginal categories, who take fertiliser from cooperative societies after obtaining agricultural loans. These farmers are the most troubled. The double engine BJP governments in the state and at the Centre are responsible for this situation," the Congress leaders said in the House.

      Countering their charges, state Agriculture Minister Ramvichar Netam said the availability of phosphatic fertilisers is mainly based on imports and these are likely to be affected in view of current global conditions.

      Keeping this in view, the state government had started the process of arranging alternative fertilisers and making farmers aware about their use long ago, he said in the assembly.

      "Against the total estimated demand of 6.90 lakh metric tonnes of phosphatic fertilisers, till date 6.40 lakh metric tonnes of phosphatic fertilisers have been stored and more than 4.25 lakh metric tonnes have been lifted by farmers. More that 2.14 lakh metric tonnes of phosphatic fertilisers are remaining," the minister said.

      Against the total demand of 7.12 lakh metric tonnes of urea, more than 6 lakh tonnes has been stored so far, he said, and after the lifting of more than 4.37 lakh tonnes of urea by farmers, more than 1.62 lakh tonnes remain.

      "The use of nano urea and nano DAP produced through nano technology has also been recommended by Indira Gandhi Agricultural University, Raipur and during the 'Viksit Krishi Sankalp Abhiyan'. Farmers are being continuously made aware for the use of these recommended liquid fertilizers," he said.

      More than 1.79 lakh bottles (500 ml) of nano DAP have been stored in the state's cooperative societies and private sales centres and farmers have also been lifting them in sufficient quantities, the minister said.

      Rubbishing the allegations of the Congress, the minister said the demand for fertilisers is made for the entire crop season and their supply is continuous.

      Even the allegations that the state government revised the demand of DAP is also not correct, Netam said.

      "But, in view of the possibility of its supply being affected due to global reasons, arrangements have been made for storage of more than the target set for alternative NPK and SSP fertilizers. A total of 4,81,730 quintals of seeds were stored through cooperative societies and departmental means. After lifting of 4,43,452 quintals of seeds by farmers, more than 38 thousand quintals remain in the cooperative sector," he said.

      The state government has been running an intensive campaign in all the districts to stop the black marketing of fertilisers, which has resulted in all types of fertilisers being available for farmers at the prescribed rate, the minister said.

      After Netam's reply, Speaker Raman Singh disallowed the adjournment motion notice moved by the Congress, following which legislators of the opposition party trooped into the Well of the House and were automatically suspended.

      Amid the uproar, the Speaker adjourned the proceedings for five minutes.

      After the House resumed, the Speaker announced their suspension and subsequently revoked it. PTI TKP BNM

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