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July 31, 2026
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Public-private partnership airport development strengthens aviation, cargo logistics, export infrastructure and sustainable connectivity through an integrated international airport project.
The Bhogapuram airport project is being implemented under a Public-Private Partnership through the Design, Build, Finance, Operate and Transfer framework. It has obtained required aerodrome, safety, fire and environmental clearances and includes infrastructure for domestic and international aviation, passenger processing and airport security. Cargo and cold-chain facilities are intended to support exports and logistics integration, while recycled-water use and LEED Platinum standards form part of the project's sustainability features.
July 31, 2026
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Rupee appreciation against the US dollar continued as foreign inflows and lower crude prices supported domestic currency markets.
Rupee appreciation against the US dollar continued in early trading, supported by foreign capital inflows and lower global crude oil prices. A stronger US dollar constrained further appreciation, while expectations of continued Reserve Bank of India intervention were cited as supporting the rupee. Declining Brent crude prices, gains in domestic equity indices and net foreign institutional investment in equities were also identified as relevant market factors.
July 31, 2026
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Value-added Makhana exports expand international market access, support quality compliance, and improve farmer returns through processing and branding.
Agricultural export facilitation supported the first sea shipment of value-added flavoured Makhana from Bihar to Canada. Processed and packaged to international quality and food-safety standards, the export demonstrates the role of processing, value addition and export-oriented manufacturing in expanding overseas market access. The initiative is stated to improve farmer returns through value addition, while capacity building, export infrastructure, quality compliance, market linkages and stakeholder collaboration support the agri-export ecosystem.
July 30, 2026
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Market access for Indian pharmaceuticals remains central to bilateral efforts to promote sustainable trade and economic cooperation.
Enhanced market access for Indian products, particularly pharmaceuticals, was raised in discussions aimed at strengthening bilateral trade and economic ties. The discussions addressed sustainable trade, and the sides agreed to increase mutual cooperation and communication. India continues to seek greater access to China's information technology, pharmaceutical and agricultural sectors, while pursuing increased pharmaceutical exports and Chinese investment. Bilateral trade increased, but India's trade deficit widened, reflecting an ongoing imbalance in trade flows.
July 30, 2026
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Money laundering asset attachment targets overseas bank deposits linked to alleged loan fraud and fugitive economic offenders.
Provisional attachment under the Prevention of Money Laundering Act was reported against Singapore bank deposits held by a company promoter and associated entities in an alleged loan-fraud and money-laundering investigation. The underlying case arises from allegations of fraud, criminal misappropriation, criminal breach of trust and cheating affecting a consortium of lending banks. Service of the attachment order was reported through mutual legal-assistance arrangements, and the promoters had reportedly been declared fugitive economic offenders.
July 30, 2026
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Deposit interest rate uniformity requires equal rates for similar deposits, while allowing risk-based differentiation for bulk deposits.
Banks must apply uniform deposit interest rates across branches and customers for similar deposit amounts accepted on the same date, without discrimination. Rates payable, including for bulk deposits, must strictly follow schedules disclosed in advance on bank websites. Bulk deposit rates must be published each business day at 10:00 am, subject to a short permitted delay. Differentiated bulk-deposit rates may be offered based on applicable differential run-off rates under the Liquidity Coverage Ratio framework.
July 30, 2026
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Supply-chain continuity measures prioritise energy, fertiliser and seafarer protection amid conflict-driven disruptions across critical maritime transit routes.
Supply-chain continuity and energy security measures were reviewed in response to geopolitical conflicts disrupting maritime transit routes and imports. Measures included diversification of LPG procurement, maintenance of petroleum stocks, expansion of PNG, gas-grid, LNG and city-gas infrastructure, and pipeline connectivity approvals. Fertiliser requirements and alternative procurement sources were considered to ensure uninterrupted supply. A unified monitoring mechanism and support arrangements for seafarers, including timely information, emergency assistance and counselling, were directed to protect citizens, economic interests and the Indian diaspora.
July 30, 2026
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Property digital identity framework proposed through comprehensive surveys, floor-level records, and unique cards to improve ownership verification.
The proposed Delhi Land Records Bill, 2026 contemplates a digital land-records framework requiring scientific surveys of every property, comprehensive authenticated digital records and a unique Property Aadhaar Card. The proposed system would cover rural and urban residential, commercial and other properties, including floor-level records for buildings. It is intended to improve ownership verification, property transactions, inheritance, loan access, building-plan approvals and transparency in land records.
July 30, 2026
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Supply-chain resilience amid maritime conflict drives measures to protect energy imports, fertiliser supplies, seafarers and overseas citizens.
Supply-chain continuity was reviewed in response to conflicts affecting maritime routes through the Strait of Hormuz, the Black Sea, the Red Sea and the Gulf of Aden. The concerns included disruptions to imports of petroleum, natural gas, fertilisers and other essential goods, risks to ships and seafarers, and the safety of Indian citizens in conflict areas. Measures were considered to maintain uninterrupted imports, protect economic interests and address constraints affecting critical energy and trade corridors.
July 30, 2026
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Economic growth and persistent inflation shaped slower output, import pressures, and continued interest-rate restraint despite resilient consumer spending.
United States economic growth slowed in the second quarter as increased imports reduced gross domestic product growth, despite stronger consumer spending and business investment linked to artificial intelligence. The preferred inflation measure moderated but remained above the central bank's target, with core consumer prices showing limited change. The benchmark interest rate was retained for a fifth consecutive meeting, though some regional presidents supported an increase to address elevated inflation. Employment growth and consumer spending continued to support economic resilience amid high living costs and energy-price pressures.
July 30, 2026
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Gold market volatility reflects retail buying, global price trends, currency movements, and weaker domestic demand linked to higher customs duty.
Gold prices rose on fresh buying by jewellers and retailers amid firm international trends, while silver prices declined. Improved domestic demand and a pullback in the US dollar supported gold, though a stronger rupee limited further gains. India's gold demand declined year-on-year during April-June, attributed to seasonally subdued sales, higher customs duty and an appeal to reduce purchases. Global gold demand remained broadly unchanged, while precious metals were expected to remain volatile and range-bound.
July 30, 2026
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Protection and indemnity insurance expands domestic maritime risk coverage for third-party liabilities and strengthens self-reliant insurance capacity.
Bharat Maritime Insurance Pool has introduced a sovereign-backed Protection & Indemnity insurance product to cover third-party maritime liabilities, including crew and cargo claims, pollution liability and wreck removal. The product expands the pool beyond cargo and hull war-risk coverage and is supported by combined indemnity capacity and a port-correspondent network. The pool is intended to maintain uninterrupted maritime war-risk insurance, build domestic underwriting capacity, strengthen maritime risk management, reduce foreign-market dependence and promote self-reliance in specialised insurance solutions.
July 30, 2026
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July 30, 2026
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July 30, 2026
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Aadhaar enrolment access expands through a new service centre, with coordinated efforts focused on improving young children's coverage.
Aadhaar enrolment in Manipur has reached approximately 87-88 per cent, with comparatively lower coverage among children aged 0-5 years. The first Aadhaar Seva Kendra in Imphal has been inaugurated to expand access to enrolment and Aadhaar-related services. The State Government is coordinating with welfare and health departments, hospitals and UIDAI to improve young children's enrolment, alongside services available through Deputy Commissioners' offices and authorised enrolment centres.
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Secured retail lending growth accompanied enhanced credit controls, digital lending processes, and branch expansion by a middle-layer non-banking finance company.
IndoStar Capital Finance Limited, a middle-layer non-banking finance company registered with the Reserve Bank of India, reported growth in secured used-vehicle finance and micro loans against property for the quarter ended June 30, 2026. It reported higher disbursements, assets under management and net interest income, alongside a lower weighted average cost of funds. The company also stated that it strengthened underwriting, customer-selection filters, scorecards and early-warning systems, while advancing electronic lending processes and expanding its branch and micro-loans-against-property network.
July 30, 2026
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Gold demand trends show central bank buying and OTC investment offsetting weaker ETF and jewellery demand.
Global gold demand remained broadly unchanged during the April-June quarter, with reduced gold exchange-traded fund, bar and coin investment offset in part by over-the-counter investment supported by Asian investors. Central banks and official institutions increased net additions to gold reserves, while high prices reduced jewellery volumes and encouraged demand for lighter products. Total supply was unchanged as increased mine production was offset by lower recycling. Investment is expected to drive future demand, while high prices may continue to constrain jewellery demand and recycling.
July 30, 2026
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Sports infrastructure PPP framework enables private stadium operation while requiring free coaching, child protection compliance, and student performance tracking.
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July 30, 2026
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Quarterly financial reporting highlights operational growth, FDA inspection compliance, product integration, and prior insolvency proceeds in pharmaceutical operations.
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Customs, DGFT & SEZ

India Steps Up Shrimp Sector Support; Seafood Exports to US Remain Robust Over Five Years

December 12, 2025

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The total volume and value of shrimp exports from India to the United States during the last five years is given below:

ITEM

Years

2020-21

2021-22

2022-23

2023-24

2024-25

FROZEN

SHRIMP

Quantity (MT):

272041

342572

275662

297571

311948

Value

( in US Dollar Million):

2343.90

3146.71

2439.87

2342.58

2512.71

Overall, exports of seafood from India showed a healthy increase of 13.93% in value terms during the period from April to October 2025 compared to April to October 2024. The exports moved upward from USD 4207.08 Million to USD 4793.08 Million during the stated period. Details of shrimp exports to US are given in the table below:

 

AUGUST-OCTOBER 2024

AUGUST-OCTOBER 2025*

Item Name

Quantity Tons

Value US$ (Million)

Quantity Tons

Value US$ (Million)

FROZEN SHRIMP

83375

673.98

55282

512.81

*Figures are provisional for August -October 2025

The Government has undertaken several initiatives to diversify markets and strengthen India’s seafood export sector. The Marine Products Export Development Authority (MPEDA), a statutory body under the administrative control of Department of Commerce is actively working to diversify seafood export markets by mounting trade delegations, organizing Buyer–Seller Meets, and participating in major international seafood fairs across Asia and Europe. Reverse Buyer–Seller Meets in Chennai and New Delhi in 2025 facilitated over 100 buyer–exporter interactions. MPEDA is conducting sensitization programmes on various FTAs to help exporters utilize new opportunities. Efforts are being taken by the Department of Commerce to fast-track FTA negotiations, especially with the EU, to resolve market-access issues. The Department of Fisheries, Government of India has held a series of meetings with the Embassies/High Commissions of Australia, New Zealand, Indonesia, Japan, Thailand, the United Kingdom and Russia. These discussions covered, inter-alia, strengthening trade relations, value addition, quality assurance, biosecurity and quality compliance, cold-chain improvements, processing, automation, R&D collaboration, and training and capacity-building.

The total financial assistance extended to shrimp farmers and exporters under various schemes during the last five years is given below:

  1. MPEDA operates a financial assistance scheme for the setting up of a mini laboratory in an approved processing plant/ handling center registered with MPEDA for testing fishery products. Under the scheme, financial assistance is released at a rate of 50% of the total cost incurred, subject to a maximum of Rs. 5 Lakh to the applicant. This scheme helps registered seafood exporters to implement effective in-process quality control. MPEDA has supported 8 units under the scheme during the past 5 years with total financial assistance of ₹24.07 lakhs.
  2. MPEDA’s Value Addition Scheme supports the establishment and upgradation of export-oriented facilities for value-added marine products across all coastal regions. The scheme promotes investment in seafood value addition, thereby strengthening India’s presence in global markets. During the last five years, MPEDA has supported 83 units with total financial assistance of ₹10,189.91 lakh.
  3. MPEDA implemented SHAPHARI certification programme aligning with FAO guidelines to ensure disease-free & antibiotic-free shrimp seed & farm produce and to promote Better Management Practices. Certified hatcheries and farms enhance the credibility of shrimp exports, with exporters using the certification as a trusted document in trade. 50% of the Audit & Testing cost will be borne by the MPEDA for hatcheries & there is no audit/testing fee to be borne by the farmers. Currently, 16 hatcheries and 344.21 hectares of farm area are certified under Shaphari, supporting high-health shrimp production in India. MPEDA operates a financial assistance scheme for enhancing disease free production and assuring quality of produce. The total assistance provided during the past 5 years is ₹328.995 lakhs for 84 beneficiaries.
  4. The Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying is implementing the flagship scheme Pradhan Mantri Matsya Sampada Yojana (PMMSY) for a period of 5 years from FY 2020-21 to FY 2024-25, at a total outlay of Rs.20,050 crore. Under this flagship scheme, 34,788 infrastructure units have been established with a budget allocation of ₹2,403 crore. These include cold storage, retail and wholesale markets, fish kiosks, value-added product units, and post-harvest transportation facilities (refrigerated/ insulated vehicles, bikes, etc.). Further, infrastructure support has been strengthened through the Fisheries and Aquaculture Infrastructure Development Fund (FIDF), which has supported 15 major projects worth Rs. 208 crore, primarily focused on fish processing and cold-chain development.

The following steps have been taken to support shrimp farmers :

  1. MPEDA has been organising various capacity building programmes in farmers through Trainings, Farmers Meets, Awareness Campaigns, Stakeholders meetings, farm monitoring, farm to farm level campaigns etc. to equip the farmers with recent farming technologies, stocking and pond management related issues, Better Management Practices, use of inputs etc.
  2. MPEDA initiated the Aquaculture Technician Training programmes to educate farmers through technicians on latest guidelines, the necessity to use only permitted & authorised and known inputs in farming and to adopt Better Management Practices in aquaculture for meeting the standards for food safety and export.
  3. RGCA, the technology transfer wing of MPEDA, has been implementing domestication of tiger shrimp in RGCA’s Pilot Scale Brood Stock Multiplication Facility at Visakhapatnam for the production of SPF tiger shrimp broodstock from Indian strains. The project is currently supplying Tiger Shrimp broodstock to hatcheries for seed production. Aquaculture pathology lab established by the RGCA is also assisting farmers in disease diagnosis, prevention and control. The Mobile lab established by the RGCA provides instant support to the farmers in the field at times of distress.
  4. MPEDA implemented SHAPHARI Certification of farms and hatcheries to assure that the products are antibiotic-free and disease free, produced through Best Management Practices.
  5. MPEDA-RGCA operates the Aquatic Quarantine Facility (AQF) at Chennai to ensure that SPF shrimp brooders imported into the country are quarantined before supplying to hatcheries, in order to ensure disease-free farming operations.
  6. MPEDA established an Aqua Farmers Call Centre with Toll Free Number at Vijayawada with experienced technical experts to deal with difficulties of farmers and to address the issues and to extend technical supports.
  7. MPEDA is enrolling aquaculture farms and hatcheries for the purpose of traceability of produce intended for export.
  8. MPEDA implements the financial assistance schemes for enhancing disease free production and assuring quality of produce, details attached as Annexure.
  9. MPEDA has introduced a new scheme called Advanced Technological Transformation in Aquaculture to enhance shrimp production using bio-secured circular tanks. Under this scheme, financial assistance is provided at 50% of the capital cost up to ₹30 lakh for General Category farmers, and 75% of the capital cost up to ₹45 lakh for farmers belonging to SC/ST/NER/UTs during the year.
  10. Department of Fisheries, Government of India has conducted series of meetings with stakeholders for ensuring optimal utilization of Central Schemes such as Fisheries and Aquaculture Development Fund (FIDF) and Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) for development of modern infrastructure, cold chain, hatcheries, processing, and value-chain efficiencies.
  11. In the 56th GST Council Meeting held on 3rd September, 2025, the Government of India approved the reduction of GST rates from 12-18% to 5% on over 20 fisheries and aquaculture-related products such as farm equipment, feed ingredients, water conditioners, fishing nets and value-added seafood products etc. This measure is expected to lower input costs, ease operational expenses, and enhance production, value addition, and competitiveness of Indian seafood.

Annexure

Financial assistance schemes for enhancing disease free production and assuring quality of produce

Name of the scheme

Objective of Scheme /details

Pattern of Financial Assistance

Establishment of nurseries for rearing seeds in the farm premises

Rearing post-larvae in a bio-secured nursery environment is crucial for shrimp aquaculture, as it ensures quality seeds, reduces disease outbreaks, increases farm productivity, shortens the culture period, and lowers labour and recurring costs.

50% of the admissible cost incurred subject to maximum financial assistance of Rs. 6,00,000/-, whichever is less for farmers under General Category.
Proposed assistance to SC/ST Beneficiary is 75 % of the admissible cost incurred subject to maximum financial assistance of Rs. 9,00,000/-, whichever is less.

Establishment of shrimp handling facilities in farms for improved food safety premises

 

Improving handling infrastructure from harvest to storage and providing bio-toilets on farms can enhance quality and reduce contamination risks. These measures ensure better hygiene, minimizing the chances of pathogenic contamination and preserving the quality of harvested shrimp.

50% of the admissible cost incurred subject to maximum financial assistance of Rs. 10,00,000/- per Ha Water Spread Area of aqua farm owned by farmer, whichever is less. Proposed assistance to SC/ST Beneficiary will be 75% of the admissible cost incurred subject to maximum financial assistance of Rs. 15,00,000/- per Ha Water Spread Area of aqua farm owned by farmer, whichever is less.

This information was given by the Minister of State for Ministry of Commerce & Industry, Shri Jitin Prasada, in a written reply in the Rajya Sabha today.

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