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    Ramping up domestic LPG production to ensure supplies to households: Sitharaman
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March 17, 2026
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Domestic LPG production increased to secure household cooking fuel supplies amid supply-route disruptions and import risks.
Domestic LPG production has been increased by diverting propane, butane, propylene and butane streams from refineries and petrochemical complexes into the LPG pool, raising domestic capacity by about twenty-five percent and allocating the full increment to domestic consumers to ensure steady household cooking gas supplies amid Strait of Hormuz-related supply risks; fertiliser stocks are adequate for Kharif and global bidding for Rabi nutrient imports will commence.
March 17, 2026
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Women representation in startups highlighted as government schemes channel targeted funding and guarantees to women-led ventures.
Women representation in DPIIT recognised startups is quantified alongside MCA corporate status data identifying closed entities with female participation. Government support schemes-FFS, SISFS, and CGSS-are described with scheme mechanics, cumulative amounts channelled through AIFs, incubators, and guarantee arrangements, and specified allocations reported to women led startups. Scheme selection counts and corresponding numbers of supported startups later categorized as closed are tabulated, while State/UT and year wise annexures detail recognised and closed entities with at least one woman director/partner.
March 17, 2026
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Disclosure of deceased account details: call for policy to enable legal heirs to access information on unclaimed accounts.
The Supreme Court queried the Centre and the Reserve Bank of India on why details of deceased persons' bank accounts cannot be disclosed to legal heirs and directed the government to devise a policy. A PIL seeks a mechanism to inform heirs about unclaimed deposits and creation of a Centralised and Searchable Database under RBI control to trace accounts; the petition also asks for procedures to minimise litigation and notes the Depositor Education and Awareness Fund as a source for refunding genuine heirs.
March 17, 2026
Show AI Summary
Focused sourcing platform connects verified international buyers with export-ready manufacturers for streamlined finished-plastics trade.
PlastiWorld 2026 is a dedicated sourcing platform for finished plastic products that connects verified international buyers with India's export-ready manufacturers by excluding upstream suppliers and employing category-wise product zoning to streamline supplier discovery, enable targeted comparisons within product segments, and enhance trade engagement to support export growth.
March 17, 2026
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CSR compliance obligations: statutory penalties apply for company and officer defaults, enforcement follows Companies Act procedures.
The statutory CSR regime obliges certain profitable companies to allocate prescribed portions of profit to CSR; boards decide amounts and projects, and both companies and officers in default face penalties under the Companies Act and CSR Rules. Enforcement is initiated after examination and due process upon reported violations, and while the ministry may request companies to undertake projects in particular states, directing board spending raises legal limits.
March 17, 2026
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Capacity building for SDG monitoring and environmental and gender statistics to enhance evidence-based policymaking and accounting.
Capacity-building workshop to strengthen monitoring frameworks for Sustainable Development Goals, Environment Accounts, and Gender Statistics by aligning national and state indicator frameworks, enhancing use of SDG data for evidence-based policymaking, building institutional capacities for gender-responsive governance through improved gender statistics, and operationalising the System of Environmental-Economic Accounting with methods for valuing forest services, biodiversity, and ecosystem services.
March 17, 2026
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Indian Sign Language access required to ensure communication and inclusive financial services for persons with hearing and speech impairments.
The Department of Financial Services directs financial institutions to facilitate communication with persons with hearing and speech impairments by adopting Indian Sign Language and technology-enabled tools, including AI, and to use volunteers for sign language interpretation while training frontline staff to assist customers using sign language.
March 17, 2026
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Digital lending regulation tightens app vetting and reporting mechanisms to curb fraudulent loan apps nationwide.
Digital lending regulation is reinforced via RBI guidelines requiring Regulated Entities to comply, with supervisory checks and possible enforcement for non-compliance. RBI operates a Digital Lending Apps (DLA) directory for consumer verification. MeitY can block fraudulent apps under the IT framework, intermediaries must implement technology-driven vetting to curb malicious advertisements, and national cybercrime reporting and helpline channels enable public reporting. States lead investigation and prosecution, supported by central advisories, capacity-building and public awareness efforts.
March 17, 2026
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Priority sector lending targets and Kisan Credit Card expansion improve institutional credit access for agriculture and allied sectors.
Ground Level Credit targets are set annually by region, agency and loan category with dedicated allied activity targets; Priority Sector Lending mandates a specified allocation of Adjusted Net Bank Credit to agriculture including a sub target for Small and Marginal Farmers, supported by district incentive/dis incentive measures; Kisan Credit Card coverage and the Modified Interest Subvention Scheme provide concessional short term finance with prompt repayment incentives; collateral free short term loan limits were raised; NABARD prepares district Potential Linked Credit Plans and extends short and long term refinance and concessional support to rural financial institutions and targeted subsectors.
March 17, 2026
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Currency depreciation pressures foreign exchange stability and may prompt central bank intervention to stabilise markets.
Sharp currency depreciation against the US dollar, driven by rising crude prices and continued foreign institutional investor outflows, has tightened external balances and coincided with rising wholesale inflation. The central bank may deploy market-stabilising tools-including forex intervention and reserve management-while monitoring international monetary policy and domestic macro indicators to calibrate responses and guide short-term USD-INR trading ranges.
March 17, 2026
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Priority handling of incoming LPG vessels mandated to ensure expedited, safe ship-to-ship transfers and uninterrupted domestic fuel supply.
Ministry directive mandates priority handling of incoming LPG vessels at Vadinar, requiring expedited ship-to-ship transfers to daughter vessels and strict adherence to safety protocols. Vadinar port authority must ensure maximum operational efficiency, rigorous multi-agency monitoring, and elimination of procedural bottlenecks so transfers and subsequent discharges at eastern ports are completed as expeditiously as possible.
March 17, 2026
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Power tariff stability with ToD concessions and storage-driven renewable integration to meet industrial and data centre demand.
Maharashtra maintains a stable tariff regime while revising the Time-of-Day (ToD) tariff to align with solar generation-offering daytime concessions-and plans further tariff reductions to support industry and data centre growth. The policy pairs renewable targets (52% by 2030; 65% by 2035) with large-scale battery and pumped storage investments to ensure grid stability and round-the-clock cheaper power, and notes regulatory procurement estimate corrections that avoided potential financial stress.
March 17, 2026
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Digital credit access expanded through personalised cards, instant credit to loan conversion, EMI options and fraud protection.
AU Small Finance Bank expands digital, personalised consumer credit through a diversified credit card portfolio including a fully customisable card, co branded professional cards, upgrade pathways without fees, instant paperless conversion of credit limits into personal loans, and EMI conversion of purchases supported by digital tools, instant card controls, and zero liability protection to promote responsible, technology enabled access for young and first generation credit users.
March 17, 2026
Show AI Summary
Cross border payments compliance improved: one day USD to INR settlement with transparent FX pricing and automated remittance documentation.
ECL Flow is a cross border payments platform for AI and SaaS companies that provides one business day USD to INR settlement, transparent foreign exchange pricing, automated compliance documentation including foreign inward remittance certificates, and real time payment tracking to reduce delays, clarify FX costs, and improve cash flow predictability for payroll and vendor payments.
March 17, 2026
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Safe maritime passage secured through diplomacy enabled LPG carriers to transit the Strait of Hormuz and reach Indian ports.
Negotiations between Indian authorities and Iranian counterparts secured safe passage for Indian-flagged LPG vessels through the Strait of Hormuz amid conflict, enabling the Shivalik and Nanda Devi to transit from the west side of the strait and proceed to Indian ports. Vessels maintained standoff distances until receiving clearance from headquarters; cargo discharge was allocated across Mundra and Mangaluru with the other vessel expected at Kandla. The incident is set against India's significant dependence on West Asian energy supplies and the blockade-related stranding of multiple ships.
March 17, 2026
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Competition law: adapt enforcement and regulation for digital markets and AI to prevent ecosystem entrenchment and ensure interoperability.
The Conference emphasised the central role of competition law and economics in preventing concentration and exclusion, identifying four institutional pillars-contestability, information symmetry, non discriminatory infrastructure access, and independent enforcement-and called for adaptation of the competition toolkit for digital markets and AI to prevent ecosystem entrenchment and ensure data portability and interoperability. It noted regulatory steps including operationalising 2023 amendments, a revised cost of production regulation for predatory pricing, a proactive approach to combinations, use of a settlement mechanism, and a market study plus guidance on AI risks and self audit measures.
March 17, 2026
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Trade Growth: combined exports rising with widening import-driven deficit as services surplus offsets merchandise shortfall.
Combined merchandise and services exports for April-February 2025-26 are estimated at US$ 790.86 billion, up from US$ 747.58 billion, while combined imports are estimated at US$ 900.51 billion, producing a widened trade deficit. Merchandise exports rose modestly to US$ 402.93 billion against imports of US$ 713.53 billion, increasing the merchandise deficit. Services exports of US$ 387.93 billion and services imports of US$ 186.98 billion generate a sizeable services surplus that partially offsets the merchandise shortfall.
March 16, 2026
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Foreign exchange intervention stabilisation: RBI action counters pressures from crude-led trade shock and capital outflows.
The rupee strengthened marginally as equity gains and a softer US dollar offset pressures from rising crude prices and foreign outflows; analysts cited elevated oil import demand widening the trade deficit and placed part of the currency stabilisation on foreign exchange intervention by the Reserve Bank, with near term exchange rate direction to be influenced by global central bank decisions, US data, energy prices, and portfolio flows.
March 16, 2026
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Hoarding enforcement intensifies to curb illegal LPG stockpiling and stabilise supplies amid import-route disruptions.
State and local authorities increased enforcement against illegal LPG stockpiling and black marketing, conducting coordinated raids and inspections, registering cases under the Essential Commodities Act, seizing cylinders and detaining suspects, while governments and petroleum entities emphasised coordination among enforcement, distributors and oil-marketing companies and rolled out incentives to shift consumers from LPG to piped natural gas to stabilise supplies amid import-route disruptions.
March 16, 2026
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CURE Act statutory framework proposed to unify agencies and guide Telangana's urban development and economic transformation.
The state advances a spatially differentiated development strategy under the CURE-PURE-RARE framework and proposes a statutory governance structure through the CURE Act to replace the existing municipal framework, unify multiple agencies, and coordinate urban planning and infrastructure delivery to realise the Telangana Rising Vision 2047 and interim economic targets.

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News and Press Release

PLI Schemes attract over ₹2.16 lakh crore investment, drive ₹20.41 lakh crore production and generate 14.39 lakh jobs

March 27, 2026

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Govt of India launched the ‘Make in India’ initiative on 25th September 2014 to facilitate Investment, foster Innovation, build best in class Infrastructure, and make India a hub for manufacturing, design, and innovation. Presently, Make in India 2.0 focuses on 27 sectors including 15 manufacturing sectors, implemented across various Ministries and Departments and State Governments. The list of sectors under Make in India 2.0 is enclosed at Annexure I.

The other major measures taken up under the “Make in India” initiative include Start- up India, National Single Window System, GIS enabled Land Bank, Foreign Direct Investment (FDI) policy reforms, PM Gati Shakti National Master Plan for integrated planning of multimodal infrastructure, Project Monitoring Group to remove bottlenecks in setting up of major infrastructure projects, setting up of industrial parks, interventions to improve ease of doing business, measures for reduction in compliance burden, rationalization of labor laws, introduction of Goods and Services Tax, policy measures to boost domestic manufacturing through public procurement orders and Phased Manufacturing Programme (PMP).

As part of Make in India initiative, the Production Linked Incentive (PLI) schemes have been  implemented  across  14  key  sectors,  namely  Large-Scale  Electronics Manufacturing (LSEM), IT Hardware, Pharmaceuticals, Bulk Drugs, Medical Devices, Automobiles and Auto Components, Advanced Chemistry Cell Batteries, Solar PV modules, Telecom & Networking Products, Food Processing, Textiles, Specialty Steel, White Goods, Drones & Drone Components by incentivizing incremental production and sales,. The PLI schemes have facilitated fresh investments in the identified sectors and supported the expansion of manufacturing capacities.

The PLI schemes have generated investments exceeding ₹2.16 lakh crore as of 31th December 2025. The investments made under the PLI Schemes have led to incremental production and sales of over ₹20.41 lakh crore, as of 31st December, 2025. Further, the Schemes have resulted in an employment generation of over 14.39 lakh (direct and indirect), and 836 applications have been approved across all 14 sectors covered under the PLI framework.

The impact of PLI Schemes has been significant across various sectors in India. The Schemes have contributed substantially towards strengthening domestic manufacturing capacity, enhancing exports, generating employment and reducing the import dependence across multiple strategic sectors. Details of actual investments, increase in production and employment generation during the last three years is enclosed at Annexure II. The state-wise data under PLI is not centrally maintained.

To support the development of Micro Small and Medium Enterprises (MSMEs), the Central Government supplements the efforts of State/UT Governments through various schemes, programmes and policy initiatives. This inter alia includes various schemes and programmes such as:-

  1. Prime Minister's Employment Generation Programme (PMEGP): PMEGP provides margin money subsidy up to 35%, for setting up of new micro enterprises, in the non-farm sector with project cost of Rs. 50 lakh for Manufacturing and Rs. 20 lakh for Service enterprises.

  2. Credit Guarantee Scheme for Micro and Small Enterprises:The scheme is implemented through Credit Guarantee Fund Trust for Micro and Small Enterprises to provide credit guarantee for loans extended to MSEs. The ceiling for guarantee coverage under the scheme is Rs 10 crore.

  3. Self-Reliant India (SRI) Fund: The fund has been set up to infuse Rs. 50,000 crore as equity funding in MSMEs with a provision of Rs. 10,000 crore from the Government of India and Rs. 40,000 crore through Private Equity/Venture Capital Funds. The Budget 2026-27 has also announced a support of Rs 2000 crore to top up the Self-Reliant India Fund set up in 2021 to continue support to micro enterprises and maintain their access to risk capital.

  4. Under the Digital India programme, the Ministry of Electronics and Information Technology (MeitY) offers services on Digital Infrastructure as a Utility, Governance and Services on Demand, Digital Empowerment of Citizens and MSMEs. Digital payments are also done by MSMEs through different platforms.

To attract investments and provide an enabling eco-system for the overall development across states and sectors the Central Government in collaboration with State Governments implements various schemes such as National Industrial Corridor Development Programme, UNNATI for the North-eastern States, New Central Sector Scheme for Jammu and Kashmir, Startup India.

Under the National Industrial Corridor Development Programme (NICDP), various greenfield industrial areas/region/nodes are being developed across India with the objective of creating manufacturing and investment destinations that are globally competitive. Till date about 20 projects under NICDP have been approved. Moreover, Industrial parks are being developed in partnership with state governments and private sector. There are currently 306 plug-and-play industrial parks in India, and an additional 20 plug-and-play industrial parks and smart cities are being developed by the National Industrial Corridor Development Corporation (NICDC).

The UNNATI (Uttar Poorva Transformative Industrialization) Scheme provides support to industries to enhance regional infrastructure, generate employment, and promote resilience and economic growth in the North-eastern States. Under this scheme, incentives like Capital Investment Incentive (CII), Capital Interest Subvention (CIS) and Manufacturing & Services linked incentive (MSLI) are being provided.

For the Industrial Development of Jammu and Kashmir, the Government of India is implementing the New Central Sector Scheme (NCSS), 2021 with a financial outlay of ₹28,400 Crore for encouraging new investments. Incentives like Capital Investment Incentive (CII), Capital Interest Subvention (CIS), Goods & Services Tax Linked Incentive (GSTLI) and Working Capital Interest Subvention (WCIS) are being provided under this scheme.

Further, the Government has approved the Employment Linked Incentive (ELI) Scheme to support employment generation, enhance employability and social security across all sectors, with special focus on manufacturing sector. With an outlay of Rs 99,446 Crore, the ELI Scheme aims to incentivize the creation of more than 3.5 Crore jobs in the country, over a period of 2 years. Out of these, 1.92 Crore beneficiaries will be first timers, entering the workforce.

The Government has been implementing the PM Internship Scheme with an objective to enhance industry-relevant skills, improve job readiness, and foster professional exposure through structured internships in India’s top-performing companies and institutions. In Round I of the Pilot Project, more than 1.81 lakh candidates have applied and the partner companies made over 82,000 internship offers to over 60,000 candidates. In Round II, more than 2.14 lakh candidates have applied and the partner companies made over 83000 internship offers to over 71000 candidates.

The Government has also been taking up various measures for facilitating and promoting investments across sectors through interventions to improve ease of doing business and policy measures to boost domestic manufacturing, which include National Single Window System, GIS enabled Land Bank, Foreign Direct Investment (FDI) policy reforms, PM Gati Shakti National Master Plan for integrated planning of multimodal infrastructure, Project Monitoring Group to remove bottlenecks in setting up of major infrastructure projects.

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

ANNEXURE-I

ANNEXURES REFERRED TO IN REPLY TO PARTS (a) to (c) OF THE RAJYA SABHA UNSTARRED QUESTION NO. 3880 FOR ANSWER ON 27.03.2026

Manufacturing Sectors

  1. Aerospace and Defence

  2. Automotive and Auto Components

  3. Pharmaceuticals and Medical Devices

  4. Bio-Technology

  5. Capital Goods

  6. Textile and Apparels

  7. Chemicals and Petro chemicals

  8. Electronics System Design and Manufacturing (ESDM)

  9. Leather & Footwear

  10. Food Processing

  11. Gems and Jewellery

  12. Shipping

  13. Railways

  14. Construction

  15. New and Renewable Energy

Service Sectors

  1. Information Technology & Information Technology enabled Services (IT & ITeS)

  2. Tourism and Hospitality Services

  3. Medical Value Travel

  4. Transport and Logistics Services

  5. Accounting and Finance Services

  6. Audio Visual Services

  7. Legal Services

  8. Communication Services

  9. Construction and Related Engineering Services

  10. Environmental Services

  11. Financial Services

  12. Education Services

 

ANNEXURE-II

ANNEXURES REFERRED TO IN REPLY TO PARTS (a) to (c) OF THE RAJYA SABHA UNSTARRED QUESTION NO. 3880 FOR ANSWER ON 27.03.2026

Details of actual investments, increased in production and employment generation under PLI Schemes

Details/Year

Upto FY 2022-23

Upto FY 2023-24

Upto FY 2024- 2025

Upto FY 2025-26*

Investments

0.51 lakh crore

1.18 lakh crore

1.76 lakh crore

2.16 lakh crore

Sales/Production

4.50 lakh crore

9.71 lakh crore

16.50 lakh crore

20.41 lakh crore

Employment

3 lakhs

8 lakhs

12 lakhs

14.39 lakhs

*upto 31st December 2025

Topics

Acts Income Tax