GOVERNMENT SCHEME
The much awaited Noida-Greater Noida West metro link, a mega museum and more: Inside the Cabinet's Rs 77,101 crore package
On Wednesday, the Union Cabinet approved significant proposals for infrastructure and business support across India. The government will allocate ₹3,230 crores for the Yuge Yugeen Bharat Museum in New Delhi. A metro rail project linking Noida and Greater Noida will receive ₹2,390 crores for development. Additionally, ₹62,370 crores will be set aside for NBS rates on fertilizers for the Rabi 2026-27 season.
Things will be known at appropriate time: Sunetra Pawar on NCP merger talks
Maharashtra Deputy CM Sunetra Pawar addressed questions regarding the possible merger of two NCP factions. She stated that further details would be revealed in due time. Several leaders recently met Sharad Pawar, increasing speculation about the merger. The government will celebrate the birth anniversary of Bhagwan Birsa Munda with various programs across the state. Service weeks and health awareness camps are planned, highlighting the importance of the occasion.
Government extends ₹2,700-crore PLI scheme for medical devices till 2035-36, eases eligibility norms
The government has extended the ₹2,700-crore production-linked incentive (PLI) scheme for domestic medical device manufacturing until 2035-36 and invited fresh applications with relaxed eligibility and investment conditions. The revised rules remove the minimum sales threshold for claiming incentives and lower the minimum investment requirement to attract more manufacturers.
Skill development ministry launches new framework to fast-track approvals for centres of excellence
The Ministry of Skill Development and Entrepreneurship has introduced a national empanelment framework to speed up the setting up of centres of excellence and create a pool of credible, industry-linked training institutions. The framework includes a green channel for established institutions, allowing them to bypass the regular evaluation process and receive faster approvals.
Assam Cabinet approves Rs 200 crores for Ayushman Asom, enhances ex-gratia for Samagra Shiksha Employees
The Cabinet approved an enhancement of the one-time ex-gratia assistance payable to the families of Samagra Shiksha Abhiyan employees in the event of their unfortunate death. The assistance has been increased from Rs 5 lakhs to Rs. 7.5 lakh, providing greater financial support to bereaved families.
Government invites fresh applications under Rs 2,700 crore medical device PLI scheme
The government is inviting new applications under the Production Linked Incentive Scheme for Medical Devices. This scheme has been extended until 2035-36 with an outlay of Rs 2,700 crore. Eligibility conditions have been simplified, and new applicants can submit multiple applications across different target segments. The revised scheme aims to enhance domestic manufacturing of high-end medical devices and improve global competitiveness.
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NTPC submits two coal gasification project proposals under govt's Rs 37,500 crore scheme
NTPC Limited has submitted proposals to establish coal gasification projects for producing urea, methanol, and dimethyl ether. The Ministry of Coal announced that applications for the third round will open on November 10. January 11, 2027, is set as the deadline for these applications. The government's initiative aims to expand domestic production and support the broader use of indigenous resources.
Budget 2027-28: PHDCCI urges govt to scrap LTCG tax on equities, cut STCG tax to 10%
PHD Chamber of Commerce and Industry has made recommendations for the Union Budget 2027-28. They have proposed abolishing long-term capital gains tax and reducing short-term capital gains tax rates. The chamber has also called for relaxed loan repayment norms and higher loan limits for MSMEs. They highlighted the economic significance of MSMEs in India's GDP and employment. Improved access to credit and equity support could enhance India's global manufacturing position.
EPFO’s November 19 meeting to be held in New Delhi: Can EPFO increase minimum EPS pension from Rs 1,000?
The Employees' Provident Fund Organisation is gearing up for its 240th Central Board of Trustees assembly, scheduled for November 19, 2026, in New Delhi. However, official confirmation from the government about these proposed changes is still pending, even as calls for enhanced pension benefits persist.
Best tax saving mutual funds or ELSS to invest in November 2026
Tax -saving mutual funds or Equity Linked Savings Schemes (ELSSs) helps you to save income tax under Section 80C of the IT Act. You can invest a maximum of Rs 1.5 lakh in ELSSs and claim tax deductions on your investments every financial year. Are you interested?
India extends Halal certification for meat exports to Egypt
The government has extended the implementation of the mandatory i-CAS-Halal for meat exports to Egypt by three months. This extension aims to facilitate the accreditation process of Egyptian Halal certification bodies. Additionally, the government specified that the Certificate of Inspection for rice exports is limited to certain European countries. Exemption from this requirement will continue until April 2027 for other European nations.
Norway reins in data centre industry amid AI boom
Norway produces more power than it consumes and is a net exporter, but recent projections show that demand from new data centres could lead to an energy deficit and rising electricity prices in the coming years.
Rs 84,084 crore incentive on offer, but India's deepsea oil exploration bids delayed again
Introduced in 2016 under the Hydrocarbon Exploration and Licensing Policy, OALP sought to replace the government-driven identification of exploration blocks with an investor-led system that allows companies to nominate acreage they wish to explore.
No More Zeroes: Govt plans to extend ZED certification scheme to services sector MSMEs
In a significant move, the Indian government is widening its Zero Defect Zero Effect certification initiative to include service enterprises in the MSME sector. This strategy will target key industries like transport, hospitality, and healthcare with approximately 20 predefined quality metrics. Furthermore, specialized standards for MSME exporters will ensure they meet global quality benchmarks, ultimately empowering these businesses in the international marketplace.
TN CM Vijay orders implementation of ₹2000 cr ‘Vetri Laptop Scheme,’ Government says
Tamil Nadu Chief Minister Joseph Vijay has directed his government to implement the ‘Vetri Laptop Scheme’ for college students, allocating ₹2000 crores for the scheme. The chief minister will also set up a high-level committe to implement the scheme.
Poverty low, expectations high: India’s next challenge is creating jobs and driving reforms
Poverty rates in India have decreased remarkably, with expectations rising for future economic prosperity and growth. Initiatives like Direct Benefit Transfer and Swachh Bharat Mission have significantly improved living conditions. However, while the government has driven welfare improvements, job creation remains the role of entrepreneurs.
Government clears Rs 7,503 crore investments under ECMS in sixth tranche
The latest group of 12 applicants includes manufacturers of up- stream materials such as anode and cathode materials. Together, these companies plan to produce goods worth 182,243 crore at faci- lities across 10 states and employ more than 9,500 workers.
Rahul Gandhi calls SIR a ‘conspiracy’, alleges voter deletions could deny people welfare benefits
Rahul Gandhi has accused the BJP-led Centre of using the Special Intensive Revision (SIR) of electoral rolls to deprive people opposed to the ruling party of voting rights and access to welfare schemes. His criticism followed Union minister Lalan Singh's remarks on identifying scheme beneficiaries through voter ID details.
Govt working on telecom PLI with focus on higher local value addition
The Ministry of Communications is preparing to propose a second edition of the telecom production-linked incentive scheme. This new scheme will emphasize design-led higher value addition in the telecom sector. The first edition of the telecom PLI scheme attracted significant investments and involved approvals from numerous companies. Additionally, incentives under design-led manufacturing have been applied for by several firms. The proposal will undergo inter-ministerial consultation before seeking Union Cabinet approval.
Want only serious players, no place for frivolous applicants in Semicon 2.0: Vaishnaw to industry
On Friday, the government launched the web application portal for Semicon 2.0, which will initially receive applications related to three of the programme's six pillars: machines and materials, fabs, and packaging. Guidelines have so far been issued only for these three pillars, and the portal is now inviting applications for them. Other three areas pertain to design, R&D and talent.
All Agniveers will be absorbed in regular cadre: Defence officials
The Indian government announced changes to the Agnipath recruitment scheme for Agniveers in the military. Those completing a four-year tenure will get a two-year extension and a chance for regular recruitment. All Agniveers demonstrating willingness, physical fitness, and discipline will be absorbed into the regular cadre. Seniority will be maintained when they join, ensuring they are not junior to others.
All Agniveers to get permanent jobs after 6 years? Is Agnipath scrapped? Defence officials answer
The revised Agnipath scheme has raised questions about regular jobs, seniority and whether the original recruitment model has been scrapped. The government has clarified that the first 25% of Agniveers will enter regular service after four years, while the remaining 75% will serve an additional two years before enrolment, with their seniority protected.
Agniveer Scheme revamped: What's the new pathway to permanent Army jobs and why has govt changed Agnipath?
The government's revision of the Agnipath scheme comes ahead of Assembly elections in Uttar Pradesh, Uttarakhand and Punjab, addressing concerns over limited retention in the armed forces. The new framework allows the 25% selected on merit to enter regular service after four years, while the remaining 75% can serve two more years before being considered for enrolment.
India announces $1.5-billion scheme to add 92 GWh energy storage capacity
India has launched a $1.5-billion initiative to boost its energy storage capacity significantly over the next few years. This scheme aims to develop 60 GWh of pumped hydro storage, 30 GWh of battery storage, and 2 GWh using new technologies. The project is expected to attract investments of around $10 billion during its implementation period. Additionally, a $300-million plan will support building domestic processing plants for lithium and nickel.
Voter ID to replace Aadhaar for welfare schemes and benefits? BJP government's plan sparks row
The Centre plans to require voter ID numbers and biometric authentication for welfare benefits. This proposal has sparked criticism from the CPI(M), which claims it could exclude vulnerable individuals from essential government schemes. Critics argue that many rural residents lack access to necessary technology, thereby hindering their ability to receive benefits.
Ahead of crucial assembly polls, govt rejigs Agnipath, opens path to permanent service for all
The government has made significant changes to the Agnipath scheme that affects armed forces recruitment. This revised framework allows all Agniveers a chance to continue in service after their initial term. Agniveers will now have an option for an additional two-year engagement with enhanced benefits. The decision addresses concerns regarding the wastage of training resources if they were required to leave after four years.
Punjab CM Bhagwant Mann announces 3% DA hike for 8 lakh government employees this Diwali
Punjab Chief Minister Bhagwant Mann has announced a 3% increase in dearness allowance for state employees and pensioners. This decision will benefit approximately eight lakh government workers and follows recent protests for DA arrears. The previous DA rate was raised from 28% to 53% under the current government. Mann emphasised that his administration is open to employee discussions regarding their demands.
Government clarifies GPF rules for deceased employee’s claim: Ministry reveals who among family members and nominees get GPF money
GPF for government employees: The government has provided crucial updates on the General Provident Fund (GPF) policies concerning the beneficiaries of deceased government employees. While family nominees will be entitled to the GPF funds, certain stipulations apply. In cases where valid nominees are absent, family members will inherit equal portions of the GPF sum, but exclusions are noted for adult sons and married daughters.
West Bengal announces government jobs for families of political violence victims dating back to 2001
The West Bengal government has introduced a scheme offering Group D government jobs to one eligible family member of people killed in political violence in the state since January 1, 2001. The initiative covers spouses, children and, in cases involving unmarried victims, siblings, subject to eligibility conditions.
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