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    Government Approves One-Time Interest-Free Loan of ₹50,000 per Barn for FCV Tobacco Growers in Andhra Pradesh
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September 25, 2026
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Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
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Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
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Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
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GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.
September 25, 2026
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Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
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Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
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Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
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Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
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Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.
September 25, 2026
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Five-day banking proposal remains under consideration amid strike plans and measures for uninterrupted banking and advance disbursements.
Five-day banking remains under governmental consideration, with no Finance Ministry commitment to implementation. Unions linked the proposal to the 12th Bipartite Settlement/9th Joint Note, which contemplated extended Monday-to-Friday working hours. Family pension revision and a pension option for resignees were identified as addressed, while withdrawal of the Performance Linked Incentive scheme remains in abeyance. Public sector banks were instructed to remain open on the preceding Sunday, and central government salaries, wages and pensions were directed to be disbursed in advance.
September 25, 2026
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Alternative fuel transition promotes ethanol, electric and hydrogen mobility to reduce imports, pollution, and strengthen farm income.
Alternative-fuel and public-transport measures seek to reduce dependence on imported petroleum, curb air pollution, and support farmer income and employment. Ethanol is positioned as a farm-income source through increased demand and returns for maize growers, alongside electricity, hydrogen and waste-derived CNG. Development and introduction of flex-fuel vehicles, using engines capable of operating on ethanol, electric tractors, hydrogen-powered vehicles and hydrogen buses form part of a cleaner-mobility strategy.
September 25, 2026
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Foreign-exchange market intervention expectations supported rupee appreciation amid improved risk sentiment, while importer demand and crude prices constrained gains.
Foreign-exchange market conditions supported a 19-paise appreciation of the rupee to 95.80 against the US dollar, aided by improved global risk sentiment and expectations of Reserve Bank intervention. Dollar demand from importers, high crude prices and US dollar strength constrained gains. Lower crude prices and dollar weakness could support the rupee, while geopolitical escalation may create pressure. Market participants expected intervention if the currency weakened toward 96.
September 25, 2026
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Credit health assessment combines score, repayment history, utilisation, accounts and enquiries to support informed borrowing and profile monitoring.
Credit health is broader than a numerical credit score and encompasses the way credit has been managed over time. Credit analysis requires a combined review of the score, repayment history, credit accounts, credit utilisation, credit history and credit enquiries. A credit report may identify management of EMIs and credit-card dues, existing borrowing obligations, use of revolving credit relative to available limits, and recent lender checks associated with credit applications. Incorrect or unfamiliar entries may be reviewed and, where necessary, raised with the relevant lender or credit bureau.
September 25, 2026
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Fuel-price mitigation measures use tax reductions, targeted subsidies and energy-security policies to ease pressure on households and energy-intensive industries.
European fuel-price intervention combines targeted subsidies, fuel-tax reductions, temporary regulatory flexibilities and energy-security investment to moderate the economic effects of sharply higher gasoline and diesel prices caused by disrupted supplies. Member States have temporary discretion to grant state aid to households and energy-intensive sectors, including agriculture, transport and fishing, and limited flexibility under EU spending rules for investments that improve energy security and reduce dependence on imported fossil fuels.
September 25, 2026
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AI management certification anchors responsible lifecycle governance, transparency, accountability, security, and human oversight for agentic loyalty systems.
ISO/IEC 42001:2023 certification applies to an Artificial Intelligence Management System governing AI development, deployment, oversight and continual improvement within the GRAVTY platform. The framework supports AI-related risk management, responsible governance, transparency, accountability, security and human oversight throughout the AI lifecycle. Its scope includes supervised and unsupervised learning models and large language models supporting personalised engagement, fraud management, loyalty intelligence, autonomous decision-making, operational automation and workflow support.
September 25, 2026
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Digital warehousing controls propose electronic tracking, secure transport, monthly returns, and risk-based compliance verification for warehoused goods.
Draft Warehousing Operations Regulations, 2026 would require public and private warehouse licensees to use the electronic portal and a digital warehouse management system for receipt, storage, transfers, removals and accounting of warehoused goods. Transport would generally require a one-time-lock and transit-risk insurance, subject to specified exemptions. Licensees would verify locks and goods, report discrepancies, maintain auditable electronic records, submit monthly returns, and permit removals for home consumption or export only upon electronic clearance orders. Non-confirmation, discrepancies and contraventions would trigger information demands, risk-based verification and action under the Customs Act.
September 25, 2026
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Technology risk governance requires banks to retain accountability, test resilience, and govern artificial intelligence before scaling financial services.
Technology risk governance must treat technology architecture as a first-order enterprise risk, alongside conventional financial risks, because the availability and integrity of core banking, payments, onboarding, credit, fraud-monitoring and reporting systems determine whether customers can access essential financial services. Banks may outsource technology functions but retain accountability for access controls, concentration, recoverability, data protection and exit options. Effective resilience requires secure architecture, asset visibility, timely remediation of vulnerabilities and legacy systems, identity and access management, effective controls, third-party oversight, post-incident learning, and regular recovery testing.
September 25, 2026
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Global value chain integration advances trade partnerships, semiconductor capacity, and deep-tech innovation within broader economic engagement.
India's global economic engagement prioritises trade and economic partnerships to strengthen participation in global value chains and supply chains, facilitating cross-border movement of goods and services. The approach is linked to projected semiconductor demand and development of artificial-intelligence capabilities, alongside innovation, deep-tech startup support and private-sector space activity. The startup ecosystem is described as having expanded substantially, with current policy emphasis on deep-tech innovation and participation in global markets.
September 25, 2026
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Trade agreement review targets balanced, user-friendly, trade-facilitative rules to address asymmetries and strengthen regional commerce.
The ongoing review of the ASEAN-India Trade in Goods Agreement seeks to enhance trade flows, address trade asymmetries, and deliver a balanced, effective, user-friendly, and trade-facilitative arrangement for businesses. It forms part of India's commitment to mutually beneficial trade partnerships and regional trade arrangements.
September 24, 2026
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Portfolio management reforms broaden permitted investments, establish independent fund managers, and retain registered managers' responsibility for client portfolios.
Portfolio-management reforms replace the 2020 framework and expand investments into IPOs, primary-market debt, listed overseas equity and debt, and direct plans of Indian mutual fund schemes. Investment-grade unlisted non-convertible debt may comprise up to 10 per cent of client assets under management with client consent. Independent Fund Managers may operate with registered portfolio managers, which retain responsibility and liability. Accredited-investor eligibility is broadened, while specified compliance requirements are relaxed where adequate audit trails and internal controls exist.

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Congress must disclose who prevented India from mounting military response post-26/11: PM

October 8, 2025

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Navi Mumbai, Oct 8 (PTI) Prime Minister Narendra Modi on Wednesday attacked the Congress party demanding it disclose to the nation who prevented India from mounting a military response following the 26/11 Mumbai terror attacks, which were linked to Pakistan.

Speaking at a function after the opening of the first phase of the Navi Mumbai International Airport (NMIA), Mumbai metro's Aqua Line and other projects, he blamed the Congress-led UPA government (2004-14) for "weakening the fight against terror," which he alleged had "paid a heavy price" on the nation.

"A Congress leader, who has also been Union home minister, has said a country prevented India's military retaliation post-26/11 Mumbai terror attacks in 2008. The party should clarify," the PM, who is on a two-day Mumbai visit, said.

Modi was referring to comments made by former Union Home Minister P. Chidambaram, who had himself been in favour of taking military action against Pakistan but pointed out that the UPA government went for diplomatic action, under some pressure from world powers, including America, not to initiate a war. The PM did not mention Chidambaram's name during his address.

Modi highlighted Mumbai as the financial hub and cosmopolitan city, which has been repeatedly a victim of terror attacks, such as the November 2008 assault by ten well-armed terrorists from Pakistan, which claimed 166 lives, including that of foreign nationals.

Continuing to target the Congress, Modi alleged the weakness of the grand old party to firmly combat terror made the hands of the terrorists stronger and asserted the country has the right to know who prevented India from proceeding with a military response after the 26/11 attacks.

"If a top Congress leader, who has been a Union minister, is to be believed, the then UPA government buckled under pressure of a foreign country against attacking Pakistan even though our defence forces were ready and the mood of the nation was to strike (the neighbouring country)," the PM asserted.

In contrast, Modi maintained that today's India provides a "befitting response to terror attacks and strikes by entering inside the home of enemies." He referred to 'Operation Sindoor' launched against terror hubs following the Pahalgam massacre and said "for us, nothing is more important than the safety and security of our nation and its citizens." Beyond national security, the PM highlighted the new infrastructure as a symbol of 'Viksit Bharat' (Developed India).

"For us, national policy is the base for politics," he said, adding for the government, every rupee spent on infrastructure is a means to enhance citizens' convenience and capability.

He contrasted this with a political stream in the country that prioritises power over public welfare and said such individuals obstruct development work and derail projects through scams and corruption.

Taking a jab at the Maharashtra opposition bloc MVA, he said NMIA had been delayed due to "hurdles in development" and "rampant corruption" under the previous state regime.

"This (creating hurdles in development) is no less than committing a sin," he said.

"Gati" (speed) and "Pragati" (development) are the hallmarks of Viksit Bharat where people's welfare is the topmost priority, he said, adding that for the last 11 years, work has been happening in this direction.

Be it the Vande Bharat trains, expediting the bullet train project, new highways and expressways linking new cities, tunnels, and sea bridges, speed and development can be seen in the country, Modi said, adding the new airport, with the shape of a lotus, is a glimpse of Viksit Bharat.

The airport is situated on the land of Shivaji Maharaj and it is a symbol of culture and prosperity, Modi said, adding farmers and fisherfolk can get access to global markets because of the airport.

The PM remarked this new airport will connect Maharashtra’s farmers to supermarkets in Europe and West Asia, enabling fresh produce, fruits, vegetables, and fishery products to reach global markets swiftly besides reducing export costs for nearby small and medium industries that will give a boost to their investment and lead them to establish new enterprises.

Modi recalled his vision of 2014 when he took over as PM and said he always wanted that even those wearing 'hawaii' chappals (slippers) should be able to travel by air.

To realize this dream, it was essential to build new airports across the country, he said, adding the Centre took this mission seriously and, over the past 11 years, new airports have been constructed one after another.

The PM said in 2014, there were 74 airports in the country, and now there are more than 160 airports and added India has become the third-largest domestic aviation market in the world.

Pointing out that as the number of aircraft increases, the demand for maintenance and repair operations also rises, Modi highlighted India is developing new facilities domestically to meet this need.

The goal is to establish India as a major MRO (Maintenance, Repair, and Overhaul) hub by the end of this decade, he noted and added this initiative is also creating numerous new employment opportunities for youth.

"India is the youngest country in the world, and its strength lies in its youth," he said emphasising that every government policy is focused on creating maximum employment opportunities for young people.

He said efforts are underway to integrate all modes of transport to ensure seamless travel, eliminating the need for commuters to switch modes with difficulty.

India is progressing towards the vision of 'One Nation, One Mobility', he said, adding the Mumbai One App is another step in this direction, enabling citizens to avoid long queues for tickets.

"With this app, a single ticket can be used across local trains, buses, metros, and taxis," he said.

Modi said with the new international airport and the underground metro, the metropolis will be Asia's largest connectivity hub with seamless travel and connectivity due to the Mumbai One app.

The Prime Minister congratulated the workers and engineers who constructed the 33.5-km-long underground metro in Mumbai while keeping the heritage buildings secure.

He announced the new airport will be named after Loknete D B Patil, a popular local politician and social activist, and recalled his contribution for the welfare of farmers.

Modi underscored that empowering the poor, the neo-middle class, and the middle class is a "national priority," asserting their collective strength makes the nation stronger.

The PM highlighted that recent "next-generation reforms in GST" have made several goods more affordable, which has boosted people's purchasing power.

Citing market data, he said the recent Navratri season broke multi-year sale figures, with a record number of people buying consumer goods such as scooters, motorbikes, TVs, and washing machines.

Modi issued a strong call to the nation to embrace indigenously made goods and urged everyone to adopt the mantra, "this is Swadeshi," ensuring it resonates in everywhere.

Concluding his remarks, the PM praised Maharashtra's role in accelerating India's development and affirmed the governments at both the Centre and state levels will continue to work tirelessly to enhance the capabilities of every town and village.

The event was attended by dignitaries including Maharashtra Governor Acharya Devvrat, CM Devendra Fadnavis, Union ministers, and Japan's Ambassador to India Keiichi Ono. PTI PTI IAS MR VT SKL RSY

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