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    DRI seizes over seven kg amphetamine and three kg cocaine as it intensifies crackdown on drug trafficking in country; three arrested
    DRI seizes 13 kg foreign-origin gold worth around Rs. 19.41 crore and dismantles a gold smuggling syndicate in Gujarat; three arrested
    Department of Commerce Organises “Leveraging FTAs” Outreach Programme in Jaipur to Strengthen Export Opportunities
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    DFS Organises Workshop on Reservation Policy for Public Sector Banks, Public Sector Insurance Companies and Public Financial Institutions
    APEDA Facilitates Export of 1.755 MT of Organic Palmyra Jaggery Powder from Tamil Nadu to Bulgaria
    Union Commerce and Industry Minister Shri Piyush Goyal Launches National Strategic Trade Command Centre at Vanijya Bhawan
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    Customs officers detect 148.67 kg hydroponic weed from Bangkok at air cargo complex at IGI Airport
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    Central Bureau of Narcotics (CBN) U.P. Unit holds public hearing to address grievances of opium cultivators
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    The cumulative exports (merchandise & services) during April-September 2026-27 are estimated at US$ 476.20 Billion, as compared to US$ 418.31 Billion ...
    Union Minister of Commerce and Industry Shri Piyush Goyal Calls on Youth to Drive India’s AI Journey
    CCI approves acquisition of majority stake in Tribhovandas Bhimji Zaveri Limited by GRT Jewellers (India) Private Limited
    CCI approves the acquisition of certain shareholding in Kids Clinic India by NuageLux BidCo S.à r.l
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October 19, 2026
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Narcotics trafficking enforcement led to airport and road interceptions, baggage concealment detection, seizures, and arrests under the NDPS framework.
Narcotics trafficking enforcement under the Narcotic Drugs and Psychotropic Substances Act, 1985, involved intelligence-led interceptions at Bengaluru and Delhi airports and near Nagpur. Passenger baggage and a backpack were examined, leading to the seizure of amphetamine and cocaine and the arrest of three passengers. The recoveries included amphetamine concealed in baggage, a ladies' suit and a backpack lining, and cocaine contained in transparent packets within baggage.
October 19, 2026
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Gold smuggling syndicate enforcement traces concealed imports through airport handlers, illicit melting, and jewellery-market disposal under customs law.
Directorate of Revenue Intelligence enforcement action identified an organised gold-smuggling syndicate importing foreign-origin gold through Ahmedabad and Surat airports, followed by handover to handlers, intermediary routing, illegal melting, and cash-based supply through an Ahmedabad jewellery outlet. Further searches recovered undocumented foreign-origin gold bars and records concerning smuggled gold linked to a Dubai-based financier. The investigation identified interconnected roles across the movement, processing, and disposal of smuggled gold; three persons were arrested under the Customs Act, 1962.
October 19, 2026
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Free trade agreement utilisation requires origin compliance, product standards, and documentation to secure preferential export market access.
Effective FTA utilisation requires businesses to identify eligible products and markets, assess tariff preferences and rules of origin, and meet applicable quality, certification, documentation and importing-country requirements. Preferential access under agreements with the UAE, Australia, EFTA countries and the United Kingdom remains subject to each agreement's provisions and implementation status. Tariff preferences may improve price competitiveness and facilitate participation in international supply chains where product- and partner-specific conditions are satisfied.
October 19, 2026
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Drug prevention awareness initiatives engage students through health education, interactive activities and pledges supporting a drug-free society.
Mission Yuva Raksha advances preventive drug awareness and demand-reduction efforts among students through programmes at educational institutions in Madhya Pradesh. Sessions addressed the harmful effects of substance abuse on physical and mental health, education, family life and careers, supported by interactive learning activities. Participants were encouraged to avoid drugs, adopt healthy lifestyles, take pledges and support awareness initiatives in their schools, families and communities. Preventive education and youth engagement complement enforcement-oriented work through informed choices and community-based resistance to substance abuse.
October 19, 2026
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Coastal narcotics trafficking enforcement addresses suspected maritime methamphetamine smuggling through seizure, asset recovery, and arrests under drug-control law.
Intelligence-led narcotics enforcement addressed suspected coastal storage and maritime transfer of methamphetamine to Sri Lanka. Searches recovered crystal methamphetamine concealed in foil packets within duffel bags, which was seized under the Narcotic Drugs and Psychotropic Substances Act, 1985. Searches also recovered suspected drug-sale proceeds and vehicles allegedly used in transportation. Persons allegedly involved in organising coastal export, transport, storage and logistics were arrested and remanded to judicial custody.
October 17, 2026
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Centralised audit framework targets lower physical branch audit coverage while preserving regulatory oversight and maintaining remuneration.
For FY 2026-27, audit remuneration is to remain at existing levels. Member banks are advised to accelerate a centralised audit framework to improve cost efficiency while retaining comprehensive risk oversight. Physical statutory branch audit coverage should be reduced to cover 50% of total business, apart from centralised treasury audits. Audit coverage must align with SEBI listing and disclosure requirements and RBI guidelines, supported by a Board-approved policy for the centralised audit roadmap.
October 17, 2026
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Promissory estoppel cannot prevent Government shareholding dilution where enacted legislation imposes no restriction on strategic disinvestment.
Government shareholding in IDBI may be reduced or divested because the IDBI (Repeal) Act, 2003 contains no restriction on dilution of the Government's stake. A proposed amendment to limit dilution was rejected and not incorporated into the enacted law. Parliamentary statements cannot override statutory text, and promissory estoppel cannot be invoked on the basis of legislative debate statements to prevent dilution of Government shareholding. Successive Union Budget speeches also reflected a policy of transformation and strategic disinvestment of IDBI Bank.
October 16, 2026
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Recipient-generated e-invoicing under reverse charge enables eligible taxpayers to obtain IRNs for domestic unregistered supplies and imported services.
Eligible active registered recipients meeting the applicable aggregate annual turnover threshold may report recipient-generated self-invoices for specified reverse-charge domestic supplies from unregistered persons and imports of services. RCMDOM and RCMIMP must be selected as the relevant e-invoice supply types when reporting through an authorised Invoice Registration Portal. Submission and validation of prescribed invoice particulars would generate an Invoice Reference Number, subject to applicable GST provisions, notifications and e-invoice specifications.
October 16, 2026
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Reservation Policy Implementation in public financial institutions was examined through capacity building, practical deliberations, and measures for consistent application.
Implementation of the Government of India's Reservation Policy across public sector banks, public sector insurance companies, sectoral regulators and public financial institutions was addressed through capacity building to support uniform and effective application. Deliberations considered practical implementation issues, operational challenges and actionable measures for consistent policy application, alongside related welfare measures and interactive discussion of implementation questions.
October 16, 2026
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Organic agricultural export certification supports overseas market access for Palmyra Jaggery Powder through export-oriented producer linkages.
APEDA facilitated the maiden sea export of NPOP- and EU-certified organic Palmyra Jaggery Powder from Tamil Nadu to Bulgaria. The initiative seeks to diversify India's organic export basket, create market linkages for traditional Palmyra-based products, and improve producer access through export-oriented value chains. It covers organic cultivation and reports improved price realisation for participating farmers and the manufacturer compared with the domestic market. APEDA supports certified organic and value-added agricultural exports through market development, quality compliance, and overseas buyer linkages.
October 16, 2026
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Data-driven trade governance enables integrated monitoring, application analysis and evidence-based policy inputs through the National Strategic Trade Command Centre.
The National Strategic Trade Command Centre provides an integrated analytics and visualisation platform consolidating trade data to monitor trade indicators, scheme performance, application pendency, processing timelines, regional trends and compliance-related parameters. It enables analysis across national trade performance, Regional Authorities, schemes, products, destination markets and individual applications, subject to role-based access permissions. Initial dashboards cover key trade-facilitation and regulatory processes, including SCOMET, export promotion schemes, certificates of origin, importer-exporter registration and restricted imports and exports.
October 16, 2026
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Private capital mobilisation should use competitive financing, guarantees and risk mitigation to expand productive employment and productivity.
Private capital mobilisation is treated as essential to employment generation and productivity growth. Private enterprises, MSMEs and startups should remain central to job creation, with financing assessed by employment and productivity outcomes rather than volume. Guarantees, risk-mitigation instruments, local-currency financing and lower transaction costs are identified as means to expand affordable and predictable access to capital. Methodologies underlying governance indicators should be transparent, objective, evidence-based and responsive to diverse development experiences.
October 16, 2026
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Narcotics smuggling through misdeclared air cargo triggered seizure, arrest, and ongoing investigation into concealed hydroponic weed imports.
A Bangkok-origin air-cargo consignment declared as PU Tubes was examined on suspicion of mis-declaration. Plastic spools were found to contain concealed cavities holding polythene-wrapped packets of compacted green substance, preliminarily identified as suspected ganja/marijuana and described as hydroponic weed. The concealed substance, packaging and concealment material were seized under the NDPS Act, 1985. One person was arrested, and follow-up searches produced leads for continuing investigation.
October 16, 2026
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Unaccompanied baggage gold smuggling: concealed hardware and insider coordination triggered interception, seizure, and arrests under customs law.
Foreign-origin gold smuggling through the unaccompanied baggage channel involved concealment of gold within hardware items and coordinated retrieval through warehouse personnel and intermediaries. Intelligence-led interception resulted in recovery and seizure of foreign-origin gold concealed in a floor spring, metal locks, a grease gun and a door closer. The arrangement used a trolley secured by a pre-decided number-lock combination, with a warehouse staff member, mediator and receiver allegedly involved in delivery of the concealed gold.
October 16, 2026
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Opium cultivation licensing grievance redressal advances through public hearings, administrative remedies, policy recording, and a planned cultivator helpline.
Opium cultivation licensing grievances were addressed through a public hearing where cultivators raised irrigation, climatic, single-plot licensing, and village-wise allocation concerns. Participants were informed of available legal provisions and administrative remedies. Requests for more licences and larger cultivation plots were considered, with policy matters recorded. A helpline is intended to assist cultivators during the 2026-27 licensing operation.
October 16, 2026
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Illicit cannabis cultivation: crop destruction followed legal formalities, while investigation continues in a remote wildlife sanctuary.
Illicit cannabis cultivation was located by a joint DRI and CBN team across five stretches of remote, densely forested wildlife-sanctuary land near village Jamniapani, Shirpur, District Dhule, Maharashtra. The cultivation covered 2.87 hectares. Following requisite legal formalities, the cannabis crop was destroyed using a rotavator in the presence of Police and Forest Department officials. Investigation remains in progress.
October 15, 2026
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Merchandise and services trade estimates show export growth, import expansion, and a wider combined trade deficit over the reporting period.
Combined trade estimates for April-September 2026-27 show exports of US$ 476.20 billion and imports of US$ 551.13 billion, resulting in a trade deficit of US$ 74.93 billion. Merchandise exports rose to US$ 259.89 billion, while merchandise imports reached US$ 437.53 billion. Estimated services exports were US$ 216.31 billion and services imports were US$ 113.60 billion, producing a services trade surplus of US$ 102.71 billion. September services figures are estimates, and specified earlier-period data were revised using quarterly balance-of-payments data.
October 15, 2026
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Emerging technology skills and resilient supply chains are positioned as foundations for investment competitiveness and inclusive economic growth.
Ministerial policy priorities for India's trade, investment and technology agenda emphasise artificial intelligence, cybersecurity, technology adoption, manufacturing investment and lifelong skill development. Investment competitiveness is linked to political stability, resilient supply chains, and fair and transparent trading practices. The first tranche of a bilateral trade agreement with the United States has been finalised, while final contours and legal drafting continue before operationalisation.
October 14, 2026
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Majority stake acquisition in the jewellery sector receives competition clearance for GRT Jewellers' purchase of Tribhovandas Bhimji Zaveri.
Competition Commission of India approved GRT Jewellers (India) Private Limited's proposed acquisition of a majority stake in Tribhovandas Bhimji Zaveri Limited. The transaction concerns entities operating in the Indian gems and jewellery market, including a private limited acquirer and a publicly listed target engaged in manufacturing and sale of gems and jewellery.
October 14, 2026
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Minority shareholding acquisition in mother and baby healthcare receives competition clearance for a private equity-backed investment.
Competition Commission of India clearance authorises NuageLux BidCo S.a r.l. to acquire approximately 23% of the fully diluted shareholding in Kids Clinic India Ltd. The transaction constitutes an acquisition of a minority equity interest in a healthcare provider operating under the Cloudnine brand. NuageLux BidCo is a Luxembourg-incorporated private limited special purpose vehicle, ultimately controlled by Permira Holdings Ltd.

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RIGHT SKILLING, ENTREPRENEURIAL SPIRIT AND GOVERNMENT INITIATIVES CONTINUE TO BRING DOWN UNEMPLOYMENT, SAYS THE ECONOMIC SURVEY 2025-26

January 29, 2026

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OVER 2.3 CRORE VACANCIES MOBILISED IN FIRST SIX MONTHS OF CURRENT FISCAL THROUGH NATIONAL CAREER SERVICE PORTAL

SOCIAL PROTECTION EXTENDED TO OVER 31 CRORE REGISTERED UNORGANISED WORKERS THROUGH E-SHRAM PORTAL

LABOUR CODES ENSURING WELFARE FOR WORKERS AND EASE OF BUSINESS FOR EMPLOYERS
AMID RISING FEMALE LABOUR FORCE, ECONOMIC SURVEY ACKNOWLEDGES NEED FOR FLEXI WORK HOURS

ENTREPRENEURIAL ACTIVITIES LEADING SELF-EMPLOYMENT REVOLUTION IN RURAL INDIA; 12.9 CRORE INDIVIDUALS (28% WOMEN) SHAPING UNINCORPORATED NON-FARM SECTOR

55% RISE IN NUMBER OF GIG WORKERS FROM FY21 TO FY25

The labour markets in India are undergoing significant structural transformations driven by digitalisation, green energy transition, and emerging forms of employment such as gig and platform work. In this backdrop, a series of significant initiatives by the Government of India continue to bring down unemployment, catalyse job creation and extend welfare cover to the workforce. This was stated by the Economic Survey 2025-26 tabled in Parliament today by Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman.

In the post-pandemic growth phase, the emphasis has shifted from the quantity of jobs to the quality of work, reflecting a more inclusive and sustainable vision of the labour market, the Survey notes. Recent initiatives aimed at promoting labour-intensive sectors and strengthening skill development underscore the Government’s renewed commitment to quality employment and human capital enhancement, with a view to fully harness India’s demographic dividend.

India has recorded significant employment growth in recent years, supported by structural reforms, tax rationalisation, and a sustained focus on skill development. Measures such as deregulation, GST 2.0, and labour reforms implemented by states have contributed to rising labour force participation and employment growth across industry and services, says the Survey.


CURRENT EMPLOYMENT TRENDS:

India has witnessed a positive trend in Female Labour Force Participation Rate (FLFPR) in recent years, rising from 23.3 per cent in 2017-18 to 41.7 per cent in 2023-24, alongside a decline in Unemployment Rate (UR) from 5.6 per cent to just 3.2 per cent, reflecting a shift toward greater inclusion and economic empowerment. The Economic Survey quotes data from several pertinent surveys to give an overview of India’s employment trends.

The quarterly and monthly Periodic Labour Force Survey (PLFS) data show a steady labour market with seasonal variations. It indicates that the period from April to September 2025 (H1 FY26) saw a declining unemployment rate (UR) in the current weekly status (CWS), a stabilising labour force participation rate (LFPR), and substantial employment levels, signalling an improvement in employment conditions. A total of 56.2 crore people (aged 15 years and above) were employed in Q2 FY26, reflecting a creation of around 8.7 lakh new jobs in Q2 compared to Q1 of FY26.

Citing insights drawn from PLFS data, the Survey says, “Rural employment is dominated by agricultural workers (57.7 per cent) and self-employment (62.8 per cent), with women workers showing relatively higher participation in them. In contrast, urban employment is primarily concentrated in the services sector (62.0 per cent), with regular wage or salaried jobs making up the largest share (49.8 per cent).”

The Annual Survey of Industries (ASI), which covers the organised manufacturing sector, results for FY24 highlight the manufacturing sector’s resilience, showing a 6 per cent YoY increase in employment over the previous year. This translates to an addition of over 10 lakh jobs in FY24 compared to FY23. “The sector added more than 57 lakh jobs over the past decade, between FY15 and FY24, with a CAGR of 4 per cent,” says the Economic Survey.

According to the Quarterly Bulletin of Unincorporated Sector Enterprises (QBUSE), the unincorporated non-agricultural sector comprises a total of 7.9 crore establishments, employing 12.9 crore individuals. The share of working owners among total employed workers in the sector increased from 58.9 per cent in 2023-24 to 60 per cent in Q2 FY26, indicating a shift towards self-employment and entrepreneurial activities. The rural workforce in the sector was six crore in Q2 FY26, indicating the significant contribution of unincorporated enterprises to rural economic activities. Additionally, women represent 28.7 per cent of the workforce in the sector. The increasing trend of digitisation in the unincorporated non-agricultural sector is reflected in the rising use of the internet among business units, which increased steadily from 26 per cent in 2023-24 to 39 per cent in Q2 FY26.

EMPOWERING THE WORKFORCE:

The Economic Survey highlights the role of recent policy initiatives in identifying unorganised workers and enhancing their integration with the formal economy through the welfare and skill development systems.

e-Shram:

The Survey draws attention to the e-Shram portal as a key institutional mechanism for extending social protection to unorganised workers, and bridging the gap between informal and formal employment. The portal serves as a National Database of Unorganised Workers, which includes data on construction workers, migrant workers, gig and platform workers, street vendors, domestic workers, and agriculture workers. “As of January 2026, the portal has over 31 crore registered unorganised workers, marking a significant advancement in India’s efforts to formalise and support its informal workforce. Notably, women account for 54 per cent of total registrants, substantially strengthening the reach of gender-focused welfare schemes,” the document states.

The e-Shram platform facilitates the identification of job opportunities, apprenticeship opportunities, and skilling linkages, helping workers transition to improved employment prospects. These efforts align with the broader vision of enhancing productivity and social protection for India’s informal workforce.

National Career Service Portal:

Launched in 2015, the National Career Service (NCS) portal has emerged as a one-stop solution connecting job seekers, employers, training providers and career guidance and counselling agencies. It offers a range of services, including free registration, job application processing, interview assistance, and other employment-related services, and a multi-lingual helpline.

“Since its launch, the portal has evolved into a key employment facilitation platform, with over 5.9 crore registered job seekers and 53 lakh job providers across diverse sectors and mobilising approximately 8 crore vacancies,” states the Economic Survey. “It recorded over a 200 per cent increase in job vacancies in FY24 compared to FY23. Vacancies mobilised exceeded 2.8 crore in FY25 and have already crossed 2.3 crore by September FY26,” the document adds.

In addition, the NCS portal’s integration with the Ministry of External Affairs’ e-Migrate system enables certified recruiting agencies to post verified international job vacancies and provides job seekers with access to global opportunities under safe and monitored conditions. Further, its integration with the Skill India Digital Hub (SIDH) enables candidates to enhance their skill sets before applying for jobs. The portal is partnering with private portals to provide free online training on 'career skills' and ‘digital skills’. Currently, the portal is integrated with 30 State employment portals, including seven states/UTs, which are directly using it for job seeker registrations, the Survey elaborates.

CATALYSING JOB GROWTH THROUGH LABOUR CODES:

The Economic Survey 2025-26 highlights the potential of the Labour Codes to catalyse job growth and accelerate economic development. The four Labour Codes- Code on Wages 2019, Industrial Relations Code 2020, Code on Social Security 2020, and Occupational Safety, Health and Working Conditions Code 2020 have consolidated 29 central laws to streamline regulations and extend protections to workers. The implementation of these Codes was notified on 21 November 2025.

The Survey notes that the Codes have attempted to strike a balance between regulation and flexibility, while protecting worker rights and ensuring social security for workers. They are a result of the deliberations held in the tripartite meeting of the government, employers, industry representatives, and various trade unions from 2015 to 2019.

“Implementing the Codes marks the first step towards the labour market transformation. The transition will require coordination and investment from the private sector,” the Survey states. “Companies must enhance their systems, update policies, re-evaluate workforce models, and improve their digital readiness to remain competitive. While the Codes offer a unified framework, it is up to the private sector to integrate this framework into daily operations,” it further suggests.

THE NEW FRONTIERS OF THE GIG WORKFORCE:

The recent developments in digital platforms and policy reforms are reshaping work structures, fostering flexibility while promoting formalization, underlines the Economic Survey. The Labour Codes have formally recognised gig and platform workers, expanding social security, welfare funds, and benefit portability.

The gig economy, encompassing delivery, ridesharing, and freelancing, has witnessed structural growth, transitioning informal jobs into ecosystem-integrated roles. “From 77 lakh workers in FY21, the sector witnessed a 55 per cent increase to 120 lakh workers in FY25, driven by smartphone penetration among over 80 crore users and 15 billion UPI transactions per month. Now representing over 2 per cent of the total workforce in India, growth of gig workers outpaces overall employment, with non-agricultural gigs projected to constitute 6.7 per cent of the workforce by 2029-30, contributing ₹2.35 lakh crore to GDP,” states the Survey document.

As the gig economy expands, its impact on employment and economic growth will become increasingly evident. While it offers unprecedented opportunities for revenue generation and economic diversification, addressing its challenges is crucial to ensuring long-term, equitable growth.

NEED FOR FLEXI WORK HOURS:

Employment patterns have important gender dimensions. The proportion of women engaged in self-employment or contributing to household enterprises, especially in rural areas, is relatively high. The findings of the Time Use Survey (TUS) conducted by the Ministry of Statistics and Programme Implementation (MoSPI) enables the measurement of the time individuals spend on different activities. According to the TUS 2024, as quoted by the Economic Survey document, women are the main caregivers, with 41 per cent of females aged 15-59 years participating in caregiving for their household members; male participation in this age group was 21.4 per cent.

Evidence from the survey also highlights that the combined time spent on paid and unpaid activities by female members is higher than that of men. Female household members spend significantly more time on unpaid activities than men. While women participating in paid work contribute a considerable amount of time, their overall participation remains lower than that of men. The estimates highlight the dual burden of work on female workers in terms of caregiving activities and unpaid work, which may explain their desirability or inclination towards flexible work models.

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