Archive

Edible Oils and Oilseeds: Production, Import Dependence, and Mission-Based Expansion       Key Takeaways According to a NITI Aayog report (August 2024), India ranks firstglobally in the production of rice bran oil, castor seed, safflower, sesame, and niger. National Mission on Edible Oils (NMEO)aims to strengthen the country’s oilseed ecosystem and achieve Atmanirbharta in edible oil production. The NMEO–OP (Oil Palm) aims to […]

Major Governance, Tax, Labour, and Rural Employment Reforms (2025)   Key Takeaways   2025 Economic reforms focused on outcome-driven governance, simplifying systems, and boosting growth, inclusivity, and ease of doing business. Labour reforms unified 29 laws under four Labour Codes, extending social security and workplace safety. Next-Gen GST simplified taxation, expanded the taxpayer base to […]

Rare Earth Permanent Magnet Manufacturing Scheme     Key Takeaways Government approves ₹7,280 crore scheme to establish domestic integrated REPM manufacturing ecosystem. Creates 6,000 MTPA domestic capacity covering the full value chain, from rare-earth oxides to finished magnets. Strengthens self-reliance for critical sectors such as electric mobility, renewable energy, electronics, aerospace and defence. Supported by strong rare-earth resource availability and policy initiatives including NCMM and MMDR Act […]

GRAM G Bill, 2025: A Revised Rural Employment Guarantee with Infrastructure Focus Overview Rural wage employment has long supported income stability and basic asset creation. A new statutory proposal, titled the Viksit Bharat–Guarantee for Rozgar and Ajeevika Mission (Gramin) Bill, 2025, seeks to replace the earlier framework and align rural employment with long-term development and […]

India’s Labour Reforms: Simplification, Security, and Sustainable Growth     Introduction   India’s labour ecosystem has undergone a significant structural transformation aimed at aligning worker welfare with the needs of a rapidly evolving economy. As employment expands across sectors and work arrangements diversify, the regulatory framework has been redesigned to ensure simplicity, security, and sustainability. […]

8.2% GDP: India’s Growth Story Strengthens     Introduction   India’s economy is experiencing a phase of strong and broad-based expansion, marked by high growth, easing inflation, rising production, and improving employment indicators. The country has emerged as one of the fastest-growing major economies globally, supported by domestic demand, policy reforms, and increasing integration with […]

Banking Laws (Amendment) Act, 2025   Introduction   India’s banking system forms the backbone of economic activity by mobilising savings, facilitating credit, enabling payments, and supporting investment. Over time, the sector has transitioned from manual, branch-centric operations to a technology-driven ecosystem that supports large-scale financial inclusion. As banking operations expand in scale, complexity, and digital […]

Handicrafts at the Heart of India’s Rural Economy Handicrafts and Rural Livelihoods   India’s handicraft sector functions as a large, decentralized livelihood system rooted in rural and semi-urban areas. It supports artisan households through home-based or small-workshop production models that require relatively low capital but generate meaningful value addition. Beyond income, handicrafts sustain community skills […]

Building Trust: The Journey of Strengthening India’s Banking Sector     Expansion of Banking Activity Between 2015 and 2025, India’s banking system witnessed substantial expansion in both deposits and credit. Domestic deposits increased from about ₹88 lakh crore to over ₹231 lakh crore, while bank credit rose from nearly ₹67 lakh crore to more than […]

Export Promotion Mission   Introduction The Export Promotion Mission (EPM) is a unified national framework designed to strengthen India’s export ecosystem through coordinated financial and non-financial support. With an outlay of ₹25,060 crore for 2025–26 to 2030–31, the Mission integrates multiple schemes into a single digital system to improve competitiveness, market readiness and export capacity. […]