PILOT SCHEME PROPOSED FOR UPSKILLING 10,000 GUIDES IN 20 ICONIC TOURIST SITES THROUGH A STANDARDIZED, HIGH-QUALITY 12-WEEK TRAINING COURSE Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman while presenting the Union Budget 2026-27 in Parliament said, “To promote India as a hub for medical tourism services, I propose to launch a Scheme to support States in establishing five ...
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₹12.2 LAKH CRORE PUBLIC CAPEX PROPOSED IN FY2026-27
While presenting the Union Budget 2026-27 in Parliament today, Union Minister for Finance and Corporate Affairs, Smt Nirmala Sitharaman said; “Our first kartavya is to accelerate and sustain economic growth, by enhancing productivity and competitiveness, and building resilience to volatile global dynamics”. The Finance Minister in her budget speech today said that the Public capex has increased manifold from ₹2 ...
Read More »UNION BUDGET 2026-27 ANNOUNCES DIRECT TAX PROPOSALS FOR RATIONALIZING PENALTY AND PROSECUTION
The Union Minister for Finance and Corporate Affairs, Smt Nirmala Sitharaman presented the Union Budget 2026-27 in the Parliament today. The Budget proposes set of Direct Tax proposals aiming at rationalizing penalty and prosecution. The Finance Minister proposed to integrate assessment and penalty proceedings by way of a common order for both to avoid multiplicity of proceedings. There will be ...
Read More »Union Budget 2026-27 lays emphasis on Scaling up manufacturing in 7 strategic and frontier sectors
The Union Budget 2026-27 lays emphasis on Scaling up manufacturing in 7 strategic and frontier sectors. While presenting the Union Budget 2026-27 in Parliament today, Union Minister of Finance & Corporate Affairs Smt Nirmala Sitharaman said that the proposed interventions forms part of six areas under ‘First Kartavya’ in the Budget. To develop India as a global Biopharma manufacturing hub, ...
Read More »Budget 2026-27 announces the launch of India Semiconductor Mission (ISM) 2.0
Budget outlay towards Electronics Components Manufacturing Scheme (ECMS) to be increased to Rs. 40,000 Crores Union Finance Minister Smt. Nirmala Sitharaman today presented the Union Budget for the Financial Year (FY) 2026-27. The announcements also included significant measures for accelerating the growth of India’s Electronics and Information Technology Sector. The Finance Minister announced the launch of India Semiconductor Mission (ISM) 2.0 to ...
Read More »Union Budget 2026–27: Major Push to Employment-Intensive Textile Sector through Integrated Programmes, Mega Parks and Export Facilitation
The Union Budget 2026–27 has laid strong emphasis on the labour-intensive textile sector, recognising its critical role in employment generation, exports, rural livelihoods and sustainable manufacturing. A comprehensive and integrated policy framework has been announced to strengthen the entire textile value chain—from fibre to fashion, from village industries to global markets. Integrated Programme for the Textile Sector To enhance competitiveness, ...
Read More »Chemicals and Petrochemicals sector contributed 8.1 per cent to the overall manufacturing sector’s Gross Value Added (GVA) in FY 24
The Chemicals and Petrochemicals sector continues to play a significant role in the industrial development of the Indian economy, with strong backward linkages to petroleum refining and natural gas processing and forward linkages with several downstream industries. As highlighted in the Economic Survey 2025–26, the sector contributed 8.1 per cent to the overall manufacturing sector’s Gross Value Added (GVA) in Financial Year 2024. The ...
Read More »HEALTHY POPULATION A KEY PILLAR TO ENSURE RESILIENT FUTURE: ECONOMIC SURVEY 2025-26
The country has made significant improvements in increasing access to healthcare by providing better and more affordable facilities through public investment in health, including access to preventive and curative care, nutrition, and health insurance. Infant and maternal mortality rates have reduced, immunisation coverage has expanded, and access to primary healthcare services has improved. Initiatives like the National Health Mission, Ayushman ...
Read More »CRITICAL MINERALS ALONG WITH TECHNOLOGY ARE DETERMINING FACTORS IN GLOBAL ENERGY TRANSITION: ECONOMIC SURVEY 2025-26
The global climate change agenda has reached an inflexion point, what was once framed as a straightforward moral and technological transition toward a net-zero future is today marked by complex trade-offs, capacity constraints and a widening gap between ambition and operational reality stated the Economic Survey 2025-26 tabled in Parliament today by Union Minister for Finance and Corporate Affairs, Smt ...
Read More »International Tourist Arrivals to India Surge to 20.57 million in 2024, Marking Strong Post-Pandemic Growth
In terms of international tourist arrivals, the latest data indicates a significant upward trend, as reflected in the table below: International Tourist Arrivals in India Year ITA (in million) 2019 17.91 2020 6.33 2021 7 2022 14.33 2023 18.89 2024 (Provisional) 20.57 Source: Bureau of Immigration No specific study on the subject has been undertaken by the Ministry of ...
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Indian Industry Plus A Pratisrutiplus Suppliment