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The World Bank held up Karnataka's 2014 fiscal reform as an example for other States. Karnataka began counting the borrowings of its Public Sector Undertakings and Special Purpose Vehicles as State liabilities, which imp...
The Department for Promotion of Industry and Internal Trade has formally defined a deep tech startup as one building solutions on new scientific or engineering knowledge, spending most of its funds on R&D, creating signi...
The 16th Finance Commission recommended grants of ₹9.47 lakh crore over five years, only for local bodies and disaster management, ending revenue deficit, sector-specific and State-specific grants. Local bodies get ₹7,91...
Overview The Ministry of Commerce and Industry announced a major expansion of the Startup India Seed Fund Scheme (SISFS) in February 2026, with a specific focus on nurturing entrepreneurs in Tier-2 and Tier-3 cities. The...
India's pharmaceutical industry is shifting its focus towards complex generics, biosimilars and innovation. The country ranks 11th in pharmaceutical exports by value with a 3% global share and third by volume, meeting ar...
Overview Following the presentation of the Union Budget 2026–27, the government introduced several tax reforms aimed at simplifying the tax system, improving compliance, and boosting economic activity. The changes focuse...
On February 1, 2026, the Government of India presented the Union Budget 2026–27, outlining its fiscal strategy to drive economic growth, infrastructure expansion, and social welfare. The budget focused on balancing devel...
Overview In January 2026, India strengthened its industrial growth strategy by accelerating manufacturing expansion and boosting domestic production capabilities. The government focused on enhancing industrial output thr...
Overview In January 2026, India significantly accelerated its efforts in Artificial Intelligence (AI) and semiconductor development, marking a critical step toward technological self-reliance. The government intensified...
Overview In January 2026, India introduced and strengthened several governance and policy initiatives aimed at improving administrative efficiency, digital governance, and public service delivery. The focus remained on t...
On January 9, 2026, comprehensive updates regarding the highly impactful Kalaignar Magalir Urimai Thittam (Kalaignar Women's Rights Grant Scheme) were prominently highlighted by the Tamil Nadu government. This flagship w...
OverviewFollowing the expiration of the final deadline on December 31, unlinked PAN cards have been rendered inoperative starting today. This move by the Income Tax department aims to curb tax evasion and ensure data int...
