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    Govt lifts ban on wheat exports to protect farmers interest amid depressed local prices
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August 24, 2026
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Wheat export liberalisation replaces prohibitions to support farm prices while domestic stocks are expected to protect consumer supply.
Wheat and wheat-product exports are liberalised with immediate effect by revising their export policy from prohibited to free. The change covers wheat, wheat flour, maida, semolina and wholemeal atta, replacing the earlier export-ban framework and simplifying exports previously permitted through licences. The measure aims to support farmers amid depressed domestic prices, while adequate domestic availability and buffer stocks are expected to meet demand and moderate consumer prices.
August 24, 2026
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Food safety compliance failures trigger licence suspensions for deficient hygiene, storage, refrigeration, sanitation and valid licensing practices.
Food safety enforcement measures resulted in suspension of food licences or registrations where establishments failed hygiene, food handling, storage, refrigeration, sanitation and licensing requirements. Deficiencies included unsafe temperature control, unclean refrigeration equipment, improper food storage and thawing, inadequate sanitisation, deteriorated or expired materials, deficient oil-quality checks, artificial colouring, pest infestation, cross-contamination risks and inadequate drainage. One outlet was also found to be operating under the name of an establishment without a valid food licence, resulting in suspension of its registration certificate.
August 24, 2026
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Central Board Governance expands through appointments of part-time non-official directors for defined terms, alongside central bank and government representatives.
Appointments to the Reserve Bank of India's Central Board expand its part-time, non-official director membership. Syed Akbaruddin, Annie George Mathew and Janmejaya Kumar Sinha have been appointed for four years from 24 August 2026, or until further orders, whichever occurs earlier. The Central Board also includes the Governor, deputy governors, the economic affairs secretary and the financial services secretary.
August 24, 2026
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Electricity tariff adjustment is linked to inflation and transmission losses, while free household units remain separately implemented.
Electricity tariff increase of 6.83 per cent after four years is presented as necessary in light of inflation and rising costs. Reducing transmission and distribution losses is identified as a means of limiting future tariff increases. Provision of 200 units of free electricity for poor and needy households through solar panels under the Muft Bijli Yojana is treated as distinct from tariff revisions.
August 24, 2026
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Sugar supply management measures target speculative stockpiling through imports, stockholding limits and earlier crushing to moderate prices.
Sugar supply is characterised as adequate, and higher prices are attributed principally to speculative buying and advance stockpiling, alongside lower output, seasonal demand and global price pressures rather than an actual shortage. Duty-free raw sugar imports and stockholding limits are intended to augment availability, curb speculative accumulation and stabilise market sentiment. Imports, existing stocks, special crushing and an earlier crushing season are expected to moderate prices and improve festive-period supply. Ethanol diversion is not identified as a cause of the price movement.
August 24, 2026
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Wheat export policy shifts to free trade, lifting restrictions on wheat flour, maida, semolina and wholemeal atta exports.
Wheat export policy has been revised from prohibited to free with immediate effect, lifting the export ban on wheat and related wheat products. The liberalised export treatment extends to wheat flour, maida, semolina and wholemeal atta. The restriction had been imposed to address rising domestic prices, and its removal is expected to improve international wheat availability.
August 24, 2026
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Bogus input tax credit fraud investigation examines fabricated invoices, circular transactions, layered funds and alleged proceeds of crime.
Investigation into alleged bogus input tax credit fraud involved searches under the anti-money-laundering framework. The alleged scheme involved fabricated invoices and e-way bills without actual movement of goods, circular transactions, layered funds, cash withdrawals and bogus or non-existent entities. GST authorities identified fraudulent availment of input tax credit causing wrongful loss to the government exchequer. The investigation focused on tracing alleged proceeds of crime, identifying beneficiaries, and securing documentary and digital evidence.
August 24, 2026
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Sugar crystallization process integration combines evaporator upgrades, continuous boiling, heat recovery and automation for efficient plantation white sugar production.
Sugar manufacturing process integration is proposed through strengthening an existing evaporator station and adding a sugar crystallization section to convert syrup production into plantation white sugar production. The scope covers design, engineering, equipment supply, erection and commissioning of condensate heaters, falling film evaporators, heat-recovery systems, continuous pans, vacuum systems and crystallizers. Continuous massecuite boiling will use chamber-specific control, while evaporator recirculation and online chemical-cleaning provisions support process control and low-grade vapour utilisation.
August 24, 2026
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Competitive examination preparation supports career pathways in civil services, public employment, management, defence, research and international higher education.
Career-development and competitive-examination preparation is offered alongside academic programmes for civil services, government and public-sector employment, banking, engineering higher education, management, defence, teaching, research and overseas education. UPSC, SSC-CGL, Bank PO, GATE, CAT, CDS, UGC-NET, GRE, GMAT and IELTS preparation includes courses, workshops, mentorship, expert guidance and examination-specific resources. Access to examinations, admissions and career opportunities remains subject to applicable eligibility, selection and institutional criteria.
August 24, 2026
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Corporate governance professionals gain expanded training infrastructure as Hyderabad's new Chapter Office supports Company Secretaries and students.
Institute of Company Secretaries of India has inaugurated a Chapter Office in Hyderabad to expand infrastructure for professional education, training, examinations, meetings, capacity-building programmes and stakeholder engagement. The facility is intended to support Company Secretaries and students and enable wider professional and educational activities. Company Secretaries are identified as corporate governance professionals, with expanding regulatory requirements and the formalisation and listing of micro, small and medium enterprises creating potential demand for qualified professionals.
August 24, 2026
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Diversified pharmaceutical growth combines branded portfolio expansion, contract manufacturing, merchant exports, and regulatory registrations for international market development.
Curis Lifesciences Limited plans a diversified pharmaceutical strategy spanning domestic branded products, contract manufacturing and international market development. Its majority acquisition of Uninova Lifesciences is intended to strengthen own-brand marketing, distribution and portfolio expansion, including injectable products through third-party manufacturing. International initiatives include merchant exports in Kenya and a Nigerian joint venture pursuing own-brand regulatory registrations alongside contract-manufacturing and export opportunities. Commercial development in Nigeria remains contingent on relevant licences and purchase orders, while projections are subject to regulatory, market and other business factors.
August 24, 2026
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Insolvency framework reform prioritises efficient resolution, value maximisation, stakeholder coordination, institutional strengthening and technology-enabled asset recovery.
Insolvency and Bankruptcy Code, 2016, entered its tenth year amid deliberations on legislative amendments, resolution timelines, stakeholder interests and value maximisation. Key areas included resolution plans and tax implications, liquidation processes, recent judicial developments, stakeholder coordination, and the roles of insolvency professionals, regulators, banking institutions and adjudicatory processes. Technological innovation, including artificial intelligence for asset tracing and recovery, alongside regulatory strengthening, capacity building and stakeholder collaboration, was emphasised for the future development of the insolvency ecosystem.
August 24, 2026
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Bilateral economic and financial cooperation will advance through investment dialogues, business engagement, financial-sector partnerships, and global economic discussions.
Official visits to Canada and the United States are scheduled to strengthen bilateral economic and financial partnerships, deepen investment linkages, and advance cooperation on global economic priorities. Engagements include an Economic and Financial Dialogue, investment and business roundtables, corporate meetings, and discussions on financial-sector cooperation, technology, innovation, critical minerals, resilient supply chains, and a Comprehensive Economic Partnership Agreement. Participation in the G20 Finance Ministers and Central Bank Governors Meeting will address global economic growth, stability, and international financial cooperation.
August 24, 2026
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Interoperable real-time payments enable inclusive retail transactions, bank participation, and cross-border digital payment expansion through UPI.
Unified Payments Interface (UPI) operates as an interoperable, real-time digital payments platform for peer-to-peer and person-to-merchant transactions. Its network includes varied banking institutions acting as remitter and beneficiary payment service providers, with performance monitoring across participants. Person-to-merchant payments drive transaction volume through routine small-ticket retail use, while person-to-person payments represent a larger share of transaction value. UPI also supports cross-border digital payments, with future growth linked to technological advancement, broader adoption, policy support, and financial inclusion.
August 24, 2026
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Service Producer Price Indices track quarterly price movements across financial, transport, telecom and insurance services using sub-service weights.
Service Producer Price Indices based on 2022-23 set out provisional first-quarter estimates for FY 2026-27 and final fourth-quarter estimates for FY 2025-26 across financial, insurance, telecom, railway and air-passenger services. Latest quarterly data show negative year-on-year inflation for securities transaction and banking services, while banking service contribution, pension-fund management, insurance, telecom and railway services record positive inflation. Aggregate weights are not assigned because the covered services do not represent the entire service sector; sub-service weights are used to derive service-level PPIs.
August 24, 2026
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Food safety cooperation supports imported-food quality information exchange and technical collaboration within broader bilateral economic and trade engagement.
India-Morocco economic cooperation is being advanced through discussions on trade diversification, market access, investment, industrial cooperation, customs, agriculture, food safety, energy, digital transformation and logistics. A proposed food safety Memorandum of Understanding would support exchanges on imported-food safety and quality, testing laboratories, analytical methods, import procedures, quality control, sampling, testing, packaging and labelling. Proposed cultural cooperation would promote professional exchanges, heritage conservation and institutional linkages.
August 24, 2026
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Foreign-exchange market conditions pressured the rupee as dollar strength, crude concerns and geopolitical uncertainty shaped narrow USD/INR trading.
Foreign-exchange market conditions led the rupee to close marginally lower against the US dollar after reversing initial gains. The USD/INR pair traded within a narrow range amid a stronger dollar index, weak domestic equity markets, importer demand, crude-oil concerns and geopolitical uncertainty. Market commentary indicated a slight negative bias for the rupee, although possible US-dollar weakness could provide support at lower levels. India's foreign-exchange reserves increased during the referenced reporting week.
August 24, 2026
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Branch expansion for wealth and cross-border banking services targets emerging commercial centres and affluent customer segments across India.
HSBC India's branch expansion is directed at extending wealth, international banking, and corporate banking services to affluent, high-net-worth, ultra-high-net-worth, and non-resident Indian customers in emerging commercial centres. The Nashik opening forms part of a broader branch-expansion programme undertaken after Reserve Bank of India approval to establish additional branches in key cities. The programme is intended to expand delivery of banking and financial services, including support for cross-border wealth management, overseas investment by Indian companies, and foreign investment into India.
August 24, 2026
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Bilateral trade and investment cooperation advances through business engagement in high-technology manufacturing, clean energy, innovation and industrial collaboration.
India's commerce and industry engagement with Japan is structured around a business delegation visit to deepen bilateral trade, investment, technology and industrial collaboration. Sector-focused discussions cover semiconductors, artificial intelligence, start-ups, automotive manufacturing, steel, electronics, industrial and consumer markets. Business roadshows and investor interactions are directed at presenting opportunities in India's manufacturing, clean-energy and consumer sectors, while advancing cooperation in high-technology manufacturing and next-generation industries.
August 24, 2026
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Inter-state heroin trafficking enforcement uncovered concealed narcotics in transport vehicles, triggering arrests, confiscation, and continuing supply-chain investigations.
Operation Black Hawk targeted an alleged inter-state heroin trafficking network moving crude heroin from the North-East region towards Uttar Pradesh. Intelligence-led vehicle tracking and highway interceptions resulted in the seizure of over 18.6 kg of crude heroin and the arrest of three suspected network members under the Narcotic Drugs and Psychotropic Substances Act, 1985. The narcotics were detected in specially fabricated concealed compartments within a passenger vehicle fuel tank and a heavy commercial vehicle body frame. Both vehicles and the contraband were confiscated, while financial and logistical investigations continue into suppliers and distribution channels.

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EDUCATION THE CORE PILLAR OF HUMAN CAPITAL AND CENTRAL TO SHAPING THE NATION’S GROWTH PATH TOWARDS VIKSIT BHARAT @2047 : ECONOMIC SURVEY 2025-2026

January 29, 2026

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ACHIEVEMENTS IN EDUCATION MARKED BY ENHANCED LITERACY RATES, INCREASING ENROLMENT IN SCHOOLS AND HIGHER EDUCATION INSTITUTIONS, PROVISION OF VOCATIONAL EDUCATION AVENUES, SAYS THE SURVEY

GROSS ENROLMENT RATIO (GER) REACHES AT 90.9 FOR PRIMARY STAGE AND 90.3 FOR UPPER PRIMARY STAGE

INDIA NOW HAS 23 IITS, 21 IIMS, AND 20 AIIMS, ALONGSIDE TWO INTERNATIONAL IIT CAMPUSES IN ZANZIBAR AND ABU DHABI

ACADEMIC BANK OF CREDIT COVERS 2660 INSTITUTIONS, WITH OVER 4.6 CRORE IDs ISSUED

FLEXIBLE ENTRY-EXIT PATHWAYS AND BIANNUAL ADMISSIONS INTRODUCED BY 153 UNIVERSITIES TO ACHIEVE THE NEP TARGET OF 50 % GER BY 2035

INDIAN HEIs TO OFFER TWINNING, JOINT, AND DUAL DEGREE PROGRAMMES WITH REPUTED FOREIGN UNIVERSITIES, WHILE 15 FOREIGN HEIs ARE EXPECTED TO SET UP CAMPUSES IN INDIA

STRUCTURED SKILLING PATHWAYS IN SECONDARY SCHOOLS TO PROVIDE EARLY EXPOSURE TO EMPLOYABLE COMPETENCIES, SAYS ECONOMIC SURVEY 2025-2026

In the education space, progress in school and higher education has been at the back of enhanced quality and access through community engagement, effective assessments, improved accountability, and stronger alignment between education and skill requirements states the Economic Survey 2025-2026 tabled in Parliament today by Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman .

According to the Survey, the achievements in the education space have been marked by enhanced literacy rates, increasing enrolment in schools and higher education institutions, provision of vocational education avenues, etc. The Right to Education Act 2009 and the National Education Policy 2020 (NEP) have played a crucial role in shaping the education landscape by expanding access to quality education universally, promoting equity, and driving innovation in teaching and learning.

India has made notable gains in school enrolment by strengthening infrastructure and teacher capacity, with schemes like Poshan Shakti Nirman and Samagra Shiksha Abhiyan promoting access and equity. Gross Enrolment Ratio (GER) are 90.9 at the primary stage (Grade I to V), 90.3 at the upper primary (Grade VI to VIII), 78.7 at the secondary stage (Grade IX and X) and 58.4 at the higher secondary stage (Grade XI and XII).

Progress in school education

School education forms the foundation of human capital and is central to shaping the nation’s growth path towards Viksit Bharat @2047. Experiences from fast-growing Asian economies clearly demonstrate that consistent investments in education, skills development, and technology can significantly enhance productivity, foster innovation, and accelerate economic transformation.

To fully convert its vast human resource base into high-quality human capital, India needs to raise its Expected Years of Schooling (EYS) to 15-year set by NEP’s 5+3+3+4 schooling structure for ages 3-18. This requires a holistic, lifecycle approach that encompasses early childhood education, foundational literacy and numeracy (FLN), universal secondary schooling, and the seamless integration of vocational and digital skills.

To achieve the goals of NEP, the government launched school-level schemes such as the Sarv Shiksha Abhiyan, ULLAS, PM-SHRI(PM-Schools for Rising India), PM POSHAN (PM Poshan Shakti Nirman) and initiatives, such as PARAKH, Vidya Pravesh, DIKSHA (Digital Infrastructure for Knowledge Sharing), NIPUN Bharat Mission and Atal Tinkering Labs.In school education, the policy emphasises Early Childhood Care and Education (ECCE), FLN, reducing dropouts, ensuring universal access, revamping curriculum and pedagogy, strengthening teacher capacity, promoting equity, and improving quality.

School infrastructure

India operates one of the world’s largest school systems, serving 24.69 crore students across 14.71 lakh schools, supported by over 1.01 crore teachers (UDISE+ 2024-25). Aligned with the NEP goal of achieving a 100 per cent gross enrolment ratio (GER) from pre-primary to secondary education by 2030, steady progress has been observed across all school levels.

GER scores, as per NEP academic structure, are 95.4 at the preparatory stage (Grade III to Grade V), 90.3 at the middle stage (Grade VI to Grade VIII), and 68.5 at the secondary stage (Grade IX to Grade XII).  Various Government of India schemes have been instrumental in improving the GER . These include setting up of 13,076 PM shri Schools in 33 states / UTs, Co-location of Anganwadi Centres in 2,99,544 Schools to create a unified and strengthened Early childhood Care and Education (ECCE)  system for universal access to high quality learning. Schemes like Jaadui Pitara, e Jaaduai pitara, Kitab Ek Padhe Anek and Bhartiya Bhasha Pustak Scheme has made teaching material available to children in local languages 

India has made notable gains in school enrolment by strengthening infrastructure and teacher capacity, with schemes like Poshan Shakti Nirman and Samagra Shiksha Abhiyan promoting access and equity. Improving infrastructure, teacher skills through strengthened DIETs (District Institute of Education & Training), and SCERTs (State Council of Educational Research and Training), and involving parents and communities in governance can create an inclusive, learner focused environment. Combining these strategies with curriculum and assessment reforms aligned with NEP and the use of digital platforms such as PM e-Vidya can provide high-quality, equitable education, even in remote areas.

Improvement in learning outcomes

Since 2001, National Achievement Surveys (NAS) conducted by the National Council of Educational Research and Training (NCERT) have provided valuable insights into the school education system. Building on this and with a focus on competency-based learning, PARAKH (Performance Assessment, Review, and Analysis of Knowledge for Holistic Development) Rashtriya Sarvekshan 2024 was launched. The PARAKH 2024 findings inform that Grade III results show promising recovery post-COVID. Compared to NAS 2021 and 2017, Grade III proficiency levels have rebounded significantly, with 65 per cent of students proficient in Mathematics (up from 42 per cent in 2021) and 57 per cent in Language (up from 39 per cent).

School-to-skill pathways

Embedding structured skilling pathways in secondary schools can make education more relevant, provide early exposure to employable competencies, and transform schools into hubs of lifelong learning. The PLFS 2023-24 highlights the limited coverage of training, with only 0.97 per cent of 14-18-year-olds having received institutional skilling while nearly 92 per cent have none. Addressing this gap is crucial for leveraging India’s demographic dividend. Skill education in schools would equip young people with market-aligned skills, particularly in the service sector, which absorbs over half of the formally trained youth, while reducing dropouts by linking education to economic opportunities.

Higher education

The number of higher education institutions (HEIs) has increased from 51,534 in 2014-15 to 70,018 as of June 2025.  This increase is marked by substantial growth in universities and colleges. The number of premier higher education institutions (HEIs) has expanded significantly between 2014-15 and 2024-25. It now stands at 23 IITs, 21 IIMs, and 20 AIIMS, alongside the establishment of two international IIT campuses in Zanzibar and Abu Dhabi.

The All-India Survey on Higher Education (AISHE), 2022-23 (Provisional), reports an increase in student enrolment from 4.33 crore in 2021-22 to 4.46 crore in 2022-23.

Under the NEP, the higher education system has undergone several reforms. The National Credit Framework (NCrF), which aims to blend academic and skills-based learning, has been adopted by 170 universities. The Academic Bank of Credit covers 2,660 HEIs, with over 4.6 crore IDs issued, including 2.2 crore APAAR IDs with credits.

 Flexible entry-exit pathways and biannual admissions have been introduced by 153 universities to achieve the NEP target of 50 per cent GER by 2035.

 Aligned with the NEP  to build robust R&D capacity, Anusandhan National Research Foundation have been established to nurture a research-driven culture across universities, colleges, and research institutions nationwide.

To improve the quality of technical education, the Multidisciplinary Education and Research Improvement in Technical Education (MERITE) Scheme has been approved recently for 275 technical institutions, including 175 engineering colleges and 100 polytechnics.

Industry-academia integration in STEM education

The NEP aims to integrate vocational training with general education and to encourage collaboration between industry and academia within HEIs. Industry-academia linkages in the higher education sphere have traditionally emphasised research collaborations, such as joint research, consulting, and technology transfer. One such measure is the introduction of the ‘Professor of Practice’ (PoP) category at HEIs by the UGC and the AICTE. The PoP concept allows industry professionals to bring real world practices and experiences into the classroom and also augment faculty resources in HEIs. Complementing this, the AICTE-Industry Fellowship Programme aims to bridge the gap between academia and industry through active faculty engagement.

Internationalisation of Higher Education

NEP aims at ‘Internationalisation’ of higher education by making the Indian education system self-reliant and comparable to global standards and norms, enabling it to attract more students from abroad and reduce outbound student migration.

UGC issued the Regulations on Academic Collaboration between Indian and Foreign Higher Educational Institutions, 2022, enabling Indian HEIs to offer twinning, joint, and dual degree programmes with reputed foreign universities. Further, 100 per cent foreign direct investment (FDI) is allowed in higher education. These efforts are reinforced by the UGC (Setting Up and Operation of Campuses of Foreign Higher Educational Institutions in India) Regulations, 2023, under which 15 foreign HEIs are expected to set up campuses in India.

India’s policy ecosystem for internationalisation has become more enabling, with the introduction of the NEP, updated UGC guidelines, regulations for academic collaboration and mutual recognition of qualifications, and permissions for foreign branch campuses, including those in GIFT City.

India's education sectors require unwavering focus to unlock the nation's true potential through integrated, accountable, and adaptive policy frameworks to build a future ready workforce.

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