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    SC grants interim bail to businessman Anwar Dhebar in manpower commission 'scam' case
    The Taxation and Other Laws Amendment Bill 2026 - Introduced in Lok Sabha on 4th August 2026
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    August 5, 2026
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    Interim bail conditions require residence outside the state and trial attendance in alleged manpower commission corruption proceedings.
    Interim bail was granted to Anwar Dhebar in a matter involving alleged corruption and an illegal commission mechanism linked to a state marketing corporation. Conditions require him to remain outside Chhattisgarh, attend the trial court, and provide his residential address. The allegations concern manpower supply agencies allegedly being compelled to pay commissions for clearance of legitimate bills, with proceeds routed through intermediaries. The case was registered under the Indian Penal Code and the Prevention of Corruption Act.
    August 5, 2026
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    Tax certainty measures revise fund-management safe harbours, electronic-payment charges, sectoral exemptions, business-trust treatment, and excess expenditure appropriation.
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    August 5, 2026
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    Growth and inflation projections reflect resilient domestic activity while energy volatility, supply disruptions, and food prices sustain inflation risks.
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    August 5, 2026
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    Industry collaboration strengthens MSME competitiveness through shared resources, market linkages, capability building and inclusive support for women entrepreneurs.
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    Monetary policy rate maintenance continues under a neutral stance amid energy disruption, inflation concerns and sustained currency depreciation.
    Monetary policy rate maintenance was continued with the repo rate retained at 5.25 per cent under a neutral stance amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The growth forecast was marginally increased and the inflation projection reduced. Sustained rupee depreciation against the dollar was attributed to costly oil, capital outflows, widening trade deficits and a strong US dollar.
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    Foreign exchange market movement strengthens as lower crude prices and monetary policy signals influence the rupee's direction.
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    Dearness allowance arrears must be cleared promptly, while the government examines legal remedies and continues its structured liquidation plan.
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    Rupee exchange-rate movement gains support from capital inflows, while oil prices, dollar strength and monetary policy shape sentiment.
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    MSME credit expansion combines SIDBI lending initiatives with guaranteed additional working-capital facilities for eligible borrowers.
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      'Economic assault' on Kashmir: J-K leaders flag losses due to closure of Srinagar-Jammu highway

      September 16, 2025

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      Srinagar, Sep 16 (PTI) Leaders of various parties, including the ruling NC, on Wednesday flayed the closure of the Srinagar-Jammu National Highway during the peak fruit season, saying it was a "deliberate ploy" to harm Jammu and Kashmir's economy and demanded immediate movement of fruit-laden trucks towards the markets across the country.

      Fruit-laden trucks from Kashmir have been stranded for days due to the closure of the crucial highway following heavy rains and flash floods, with growers expressing apprehensions of losses.

      The 270 km-long Jammu-Srinagar National Highway (NH44) was closed for nine consecutive days following heavy rainfall last month. It was reopened last week, but only for light motor vehicles.

      Speaking with reporters in Shopian, ruling National Conference Lok Sabha MP Ruhullah Mehdi alleged, "There is a pattern, sometimes substandard pesticide is sold, sometimes cheaper apples are imported, and sometimes highway is closed. Our horticulture contributes more than 75 per cent to our GDP. It contributes seven times more than tourism. But, there is a pattern of a war against our horticulture".

      The Lok Sabha MP from Srinagar said even when the highway has been opened for traffic, "the stranded trucks from Srinagar have not been allowed to move to Jammu".

      "If trucks from Jammu are allowed to move towards Srinagar, why are our fruit-laden trucks not allowed to move? Before this, a year or so ago, our fruit-laden trucks were stopped on the highway deliberately, and the fruit was left to rot. There is a clear pattern of an attack on our economy. The closure of the highway is a part of that," he charged, adding, "it is being done deliberately".

      PDP leader Iltija Mufti called on Jammu and Kashmir Lieutenant Governor Manoj Sinha and apprised him of the "crisis" being faced by the Union Territory's apple industry owing to the closure of the national highway over the past few weeks.

      She said Sinha has assured her that smooth movement of trucks on the highway would be expedited to avoid further losses.

      Awami Itihaad Party (AIP) said the"blockade" of the highway was "nothing short of an economic assault" on Kashmir, and demanded immediate movement of fruit-laden trucks towards the markets across the country.

      The AIP staged a protest at the Press Colony here, demanding immediate clearance of fruit-laden trucks stranded on the highway.

      Scores of AIP activists, led by party's MLA from Langate, Sheikh Khursheed, raised slogans of "Save Apple, Save Kashmir" and accused the administration of "deliberately choking" the Valley's horticulture economy.

      Speaking to reporters, Khursheed said the blockade was "nothing short of an economic assault" on Kashmir.

      "Lakhs of families depend on horticulture for survival. By keeping apple consignments stranded for days, the administration is silently crushing Kashmir's economy. Empty promises won't save our growers, only immediate action will," he said.

      The protestors were later dispersed by police, which also detained several leaders and activists of the party, including the MLA Langate.

      Senior CPI(M) leader and MLA Kulgam M Y Tarigami said the "prolonged closure" of the highway has hit the fruit growers in the valley hard, and urged the Centre to take urgent steps to facilitate the apple trucks to reach the markets across the country.

      "The prolonged closure of the highway has hit hard farmers and fruit growers. Despite tall claims and repeated assurances by the national highway authorities, the situation on the highway remains uncertain during this season when it is crucial for apple produce to reach the markets in the rest of the country," Tarigami said addressing a press conference here.

      He said the Centre should take urgent steps to facilitate the apple trucks to reach the market.

      The MLA Kulgam said the recent floods have caused heavy losses to human lives, properties, and standing crops in Jammu and Kashmir.

      "Due to intermittent rains, leaves and apple have been falling prematurely from trees, bringing huge losses to growers. Sher-i-Kashmir University of Agricultural Sciences and Technology (SKUAST) should have has guided and offered timely advice to farmers about preventive measures," he said.

      Tarigami said the recommendations of the Dr Swaminathan Commission on distressed agriculture remain mostly un-implemented. J-K, Himachal Pradesh, and Uttarakhand have been hit hard, yet apple has not been brought under the recommendations for the Minimum Support Price (MSP).

      "Despite big claims by authorities regarding Pradhan Mantri Fasal Bima Yojna (PMFBY), the main crop of the farmers i.e. apple production has not been covered under this scheme. These are crops with almost no significant losses, while apple, the most vulnerable crop, is excluded.

      "Insurance companies and the Agriculture Insurance Company, have reportedly earned hundreds of crores of premium since 2016 but remain reluctant to insure apple crop," he said.

      The CPI(M) leader said there is an urgent need to reintroduce the Market Intervention Scheme (MIS) so that rotten apples can be procured and used for juice and jam manufacturing.

      If the Centre does not support this, the UT administration must bring the scheme under the CAPEX Budget to compensate growers, he added.

      The MLA Kulgam said there is an acute shortage of cold storage facilities in the valley despite big announcements regarding availability of government land which could have been used for the purpose.

      "The government cannot remain indifferent. Protecting horticulture means protecting the livelihood of farmers which remains the backbone of Kashmir's economy," he said.

      He said the Centre should announce sufficient relief to help the floods victims and apple growers and traders who have suffered huge losses because of inclement weather, floods and the blockade of the highway. PTI SSB DV DV

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