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    Cabinet approves construction of Twin Tube TBM road Underwater tunnel 2 Lane each under River Brahmaputra along with provision of Railway infrastructu...
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February 16, 2026
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Project approval for underwater road rail tunnel enabling 4 lane greenfield connectivity between Gohpur and Numaligarh under EPC.
Cabinet approved a 33.7 km 4 lane access controlled greenfield corridor between Gohpur (NH 15) and Numaligarh (NH 715) including a 15.79 km twin tube TBM underwater Road cum Rail tunnel with rail provision in one tube, implemented on an EPC basis. The scope covers civil works, land acquisition, short road and rail cut and cover sections, and integration with existing highways and railway sections to deliver multimodal connectivity to airports, inland waterways, railway stations and economic, social and tourist nodes, with estimated traffic and employment implications.
February 16, 2026
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Currency depreciation driven by FII outflows and a stronger dollar, pressured further by declining forex reserves.
The rupee weakened to 90.67 against the US dollar amid FII outflows and a stronger dollar, with rising crude prices and a notable weekly decline in forex reserves cited as contributing factors; market commentary noted narrow intraday trading and flagged impending trade balance data as potentially influential.
February 16, 2026
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Rail network expansion approved to add multitrack capacity, boost freight movement and reduce emissions while improving regional connectivity.
Cabinet approved three multitracking projects (Kasara-Manmad, Delhi-Ambala, Ballari-Hosapete) under PM Gati Shakti to add third and fourth lines across 12 districts, increasing the rail network by about 389 km at an estimated combined cost of Rs 18,509 crore through 2030-31. The works are projected to generate about 265 lakh human days of construction employment, augment freight capacity by 96 MTPA, improve connectivity to roughly 3,902 villages (population ~97 lakh), reduce logistics costs and oil imports, and lower CO2 emissions for more sustainable rail operations.
February 16, 2026
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Venture capital mobilisation for startups to prioritise deep tech, early growth support, and regional investment across the country.
The Startup India Fund of Funds 2.0 establishes a government-backed corpus to mobilize long-term domestic venture capital, strengthen the domestic venture capital base by supporting smaller funds and AIFs, and address capital gaps. The Scheme prioritises deep tech and tech-driven innovative manufacturing, supports early-growth stage founders to reduce funding shortfalls, and promotes national reach to crowd in private investment beyond major metropolitan centres.
February 16, 2026
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Credit to G.D.P. ratio reform to expand financing and make financial institutions more agile for national development.
The Department of Financial Services convened a policy shivir to solicit strategic reforms to align banking and financial services with Viksit Bharat@2047, focusing on enhancing the Credit to G.D.P. ratio, increasing agility of public financial institutions, deploying new large scale financing mechanisms, deepening the bond market, reducing intermediation costs, strengthening banks' role in MSME financing, and promoting insurance and pension product innovation alongside financial inclusion and cyber security to build a more resilient financial system.
February 15, 2026
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Tax accountability: Allegations of fundraising and money laundering prompt calls to apply law and constitutional obligations to unregistered organisations.
Allegations focus on tax accountability and potential money laundering by an unregistered organisation receiving funds via a broad domestic and international network; the commentator demands that law and the Constitution apply equally, questions the source and treatment of donations described as "guru dakshina," and urges registration, disclosure and tax compliance along with scrutiny of cross border fundraising.
February 15, 2026
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Customs enforcement underscores trade facilitation, regulatory compliance and protection of taxpayers' rights amid vigilance-driven awards and recognition.
Customs enforcement in Kerala was emphasised as combining trade facilitation with statutory compliance, transparency, and protection of taxpayers' rights, with priorities including anti-smuggling vigilance, modernisation, export promotion, and international cooperation to support lawful cross-border trade.
February 15, 2026
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Trade deal transparency: interim agreement may expose agricultural sovereignty and pressure policy on imports, GM crops, and procurement.
The India-US interim trade deal is criticised for risks to agricultural sovereignty through import liberalisation of DDGs and potential GM soy oil, which may increase feed dependence and expose soy and pulse producers to price shocks; concerns also target non-trade barrier concessions and quota-based duty relief as mechanisms that could pressure relaxation of GM regulations, procurement policies, and MSPs, while alleged tariff asymmetries may harm cotton farmers and the textile export sector.
February 15, 2026
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Trade agreements and Budget incentives seek to expand market access and compel private investment in innovation and capacity.
The policy framework relies on expanded free trade agreements to improve exporters' access and on a Budget focused on productive capital outlays and incentives to strengthen manufacturing, value addition, skills and scale. The state provides tariff preferences and fiscal incentives, while explicit expectations are placed on the private sector to invest aggressively in R&D, frontier technologies, supply-chain capabilities and productivity. Equitable sharing of productivity gains-through rising real wages, skill upgrading and stable employment-is presented as essential to sustain domestic demand and long-term investment. Budget incentives for digital infrastructure and data centres aim to position the country as a global hub for AI and data.
February 15, 2026
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Minimum sustainable price mechanism sought to align tea production costs with prices; calls for subsidies, tariff relief, import monitoring.
Planters seek a minimum sustainable price mechanism to align production costs and price realisation, expedited release of pending Tea Board subsidies, interest subvention on working capital loans, and access to agricultural schemes. They also request lower power tariffs and implementation of West Bengal solar provisions, financial incentives for specialty production and machinery upgrades, and stricter monitoring of cheap imports and mislabelling to protect quality and export credibility.
February 15, 2026
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Unique land parcel identifier to standardize property records and reduce boundary disputes through georeferenced mapping.
The Delhi government is assigning a Unique Land Parcel Identification Number (ULPIN or Bhu Aadhaar) to each land parcel using drone surveys and high resolution geospatial imaging to produce geo referenced identifiers for accurate parcel delineation. The revenue department's IT branch, supported by the Survey of India, will implement the system in phased rollouts under a standard operating procedure to centralise land records, enhance transparency, prevent fraudulent transactions and simplify citizen access to property information.
February 15, 2026
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Agricultural sovereignty under threat from interim trade deal; questions raised over GM imports, market access, and procurement safeguards.
Allegations that the India-US interim trade deal compromises agricultural sovereignty by allowing imports such as DDG from GM corn and GM soy oil, potentially displacing domestic producers and creating dependency. The statement questions vague references to "additional products" and removal of "non trade barriers," warning these could open pulses and other crops to imports and pressure India to relax positions on GM crops, procurement, MSPs and bonuses. It also asserts the deal disadvantages cotton farmers and textile exporters and demands clarity and safeguards on covered products and protections.
February 15, 2026
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Trade agreement protections reassure farmers and dairy sectors amid tariff reductions and EU FTA negotiations.
Government statements assert that recent trade agreements and tariff adjustments include agricultural safeguards and explicit protections for the dairy sector, assuring farmers, cattle rearers and fishermen that their interests are preserved. The summary notes completed negotiations on a proposed free trade agreement with a major trading bloc and a contemporaneous tariff reduction as components of the trade policy framework, amid political dispute over the agreements' implications.
February 14, 2026
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Political hypocrisy over communal representation: attack on a Muslim mayor criticized as incitement and double standards.
Shiv Sena (UBT) calls the BJP's attack on Syed Iqbal's election as Parbhani mayor political hypocrisy and communal bias, asserting Iqbal attained office through loyalty and noting Muslim officeholders within BJP-led bodies to rebut claims that his mayoralty threatens communal balance.
February 14, 2026
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Investor verification promoted through mobile auto-rickshaw campaign to encourage routine SEBI Check before securities-related payments.
SEBI, with NSDL, launched a multi-city auto-rickshaw campaign urging routine Investor Verification via a SEBI Check before securities-related payments, focusing on verification of UPI IDs, bank details and intermediary registration credentials and providing QR access to the SEBI Check portal, SEBI Saathi app and SEBI Investor website for authentication and investor education.
February 14, 2026
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Tariff discrimination threatens cotton farmers and textile exporters by conditioning zero-duty access on importing US cotton.
Allegations concern an interim India-US trade arrangement that gives a third country conditional zero duty access for garments if they import American cotton while Indian exporters face a higher tariff, creating a tariff differential that may pressure Indian textile firms to source foreign cotton, undermine domestic cotton producers, and risk market diversion away from Indian cotton.
February 14, 2026
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Interim trade agreement expands energy coverage to secure competitive crude supplies and reduces tariffs to boost bilateral trade.
An interim trade agreement framework between India and the United States will include India's energy requirements and tariff adjustments to diversify suppliers, enhance supply security and obtain more competitive pricing. The framework contemplates US tariff reductions on specified Indian goods and India cutting or eliminating import duties on US industrial and agricultural products to expand market access, support infrastructure and distribution procurement, secure coking coal supplies for steel expansion, and facilitate growth in the information technology sector through access to advanced equipment.
February 14, 2026
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Trade agreement benefits: tariff reductions and market access touted as boosting textile exports and supporting cotton growers.
The minister defended recent trade engagement as opening market access for Indian textiles, asserting reciprocal tariff reductions under recent agreements will enhance export competitiveness and grant zero-duty access to several markets, thereby benefiting the textile sector and cotton growers; he characterised processing imported material for export as an established global trade practice and said national cotton demand and cultivation capacity will expand.
February 14, 2026
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Labour standards under free trade agreement debated at international moot to build trade law advocacy and capacity.
An international moot organised by CTIL and Bennett University under the WTO Chairs Programme focused on alleged violations of labour standards and occupational safety obligations under a Free Trade Agreement following an industrial accident, with evaluations by legal, academic and policy experts and emphasis on capacity building in international trade law.
February 14, 2026
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Tribunal leadership change: president demits office amid administrative reforms credited with substantially improved case resolution.
Chief Justice (Retd.) Ramalingam Sudhakar demitted office as President of the National Company Law Tribunal after a tenure that advanced administrative and infrastructural reforms; during this period the Tribunal disposed of over 48,000 of approximately 54,800 instituted matters, yielding a reported resolution rate exceeding eighty five percent and reflecting improved case management in corporate and insolvency proceedings.

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UP budget size jumps to Rs 8.33 lakh cr; record health outlay at Rs 46,728 cr: Economic Survey

February 10, 2026

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Lucknow, Feb 9 (PTI) Uttar Pradesh's budget size has more than doubled from Rs 3.47 lakh crore in 2016-17 to an estimated Rs 8.33 lakh crore in 2025-26, while capital expenditure rose from Rs 69,790 crore to Rs 1,47,720 crore during the period, according to the Economic Survey tabled in the assembly on Monday.

Presenting the report on the opening day of the budget session, Finance Minister Suresh Kumar Khanna said the budget has expanded by Rs 4.86 lakh crore over the past nine years, compared to an increase of Rs 2.34 lakh crore between 2008-09 and 2016-17.

The survey described the state's fiscal position as balanced, noting that the public debt-to-GSDP ratio declined from 29.3 per cent in 2016-17 to 28.0 per cent in 2024-25, lower than national and global averages.

In the health sector, the allocation has reached a record Rs 46,728.48 crore, accounting for 6.1 per cent of the total budget. The report claimed that citizens' out-of-pocket health expenditure has reduced and medical infrastructure has been strengthened.

Institutional deliveries increased from 34.74 lakh in 2021-22 to 41 lakh in 2024-25, marking an 18.02 per cent rise. Institutional births accounted for 96.12 per cent of total deliveries in 2024-25, while non-institutional deliveries declined by 50.44 per cent to 1.66 lakh.

The survey stated that free vaccination is being provided to children aged 0-5 years against 12 life-threatening diseases, including polio, tuberculosis, measles and Japanese encephalitis, and pregnant women are being immunised against tetanus.

Khanna said the number of medical colleges has increased from 36 in 2017 to 81 by the end of 2025, including 45 government and 36 private institutions.

The state currently has 38 state universities and 52 private universities.

On tourism, the report said arrivals in Uttar Pradesh recorded an increase by 2.4 times, reaching 156.18 crore in 2025. A record 66.30 crore visitors attended the Prayagraj Mahakumbh, it said.

In agriculture, the sector's contribution to the state economy increased from 24 per cent in 2017-18 to 24.9 per cent in 2024-25. Foodgrain production reached 737.4 lakh metric tonnes in 2024-25, raising the state's share in national output from 18.1 per cent to 20.6 per cent.

Per hectare gross value addition rose from Rs 0.98 lakh in 2017-18 to Rs 1.73 lakh in 2024-25. Paddy accounts for 13.1 per cent of the state's agricultural gross value, with area and production rising by 19.4 per cent and 23.6 per cent, respectively.

The report said around 65,000 food processing units are operational in the state, employing nearly 2.55 lakh youths, as Uttar Pradesh emerges as a food processing hub.

According to the Periodic Labour Force Survey 2023-24, 53.2 per cent of the workforce is engaged in agriculture and allied sectors, including 78.8 per cent of working women and 44 per cent of working men.

Khanna also told the House that a zero-tolerance policy towards crime has been implemented to strengthen women's safety. PTI AR KIS PRK

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