VIKSIT BHARAT
Manipur Cabinet adopts resolution marking PM Modi’s 25 years in public service
Manipur Chief Minister Yumnam Khemchand Singh announced the Cabinet's resolution thanking Prime Minister Modi for his service. The resolution acknowledged the Prime Minister's contributions to India's growth and support for the Northeastern region. Significant initiatives under his leadership include infrastructure developments, healthcare improvements, and educational advancements in Manipur. The Prime Minister's efforts have helped lift millions out of poverty and enhance public services.
RDI fund: Call for proposals to reopen after review, to boost Viksit Bharat 2047, says TDB Secretary
In an effort to align with India's 2047 development goals, the Research, Development, and Innovation Fund was launched by Prime Minister Narendra Modi as a means to empower domestic enterprises. It seeks to stimulate private sector investment in R&D, with 400 applications now under assessment and plans to accept new submissions soon.
Govt notifies 375 permissible works under VB-G RAM G, expands scope by 41 per cent
The Centre has introduced 375 new permissible works under the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission. The categories include water security, core rural infrastructure, livelihood-related infrastructure, and disaster preparedness. An emphasis has been placed on livelihood infrastructure, with 128 works focused on water security. The revised framework replaces MGNREGA with guaranteed wage employment for rural households each year.
Tata Sons' Chandrasekaran lists 3 priorities to keep India’s growth engine humming
Tata Sons Chairman N Chandrasekaran said India’s economy remains robust and resilient despite global uncertainty, with strong domestic demand, services exports and government policy supporting growth.
SCI to help India achieve ambition of becoming top shipping nation: Sonowal
India's Union Minister Sarbananda Sonowal emphasized the importance of domestic shipbuilding at the Shipping Corporation of India's anniversary. The company is expected to see its Profit After Tax surpass Rs 2,000 crore this fiscal year. Sonowal called on SCI to play a key role in achieving the national goal of self-reliant shipbuilding by 2047.
Next-gen GST: Taking India's reform journey forward
The new GST framework in India aims to streamline compliance processes while lowering tax rates, contributing to enhanced economic stability. This initiative promises to improve taxpayer satisfaction and bolster revenue generation, encouraging growth across multiple industries. Early data shows a notable increase in taxable supplies after these reforms, positively impacting both businesses and consumers, with small and medium enterprises particularly benefiting from a cohesive national market.
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India within striking distance of 8% GDP growth, resilience not accidental: Shaktikanta Das
With an ambitious target of 8% GDP growth, India aims for Viksit Bharat by the year 2047 through innovative reforms. The government is dedicated to increasing domestic capabilities in crucial areas such as energy and manufacturing. Significant measures are being implemented to strengthen long-term finance and bolster involvement in global supply chains.
India's resilience built over past decade, structural autonomy key to future: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Saturday said India's economic resilience has been built consciously over the past decade through fiscal prudence, infrastructure creation, banking reforms, last-mile delivery and sustained reforms, while stressing the need for greater strategic autonomy and preparedness to deal with emerging global challenges.
Over 4,000 arrested in J&K anti-drug drive since April, DGP says
More than 4,000 individuals connected to drug trafficking have been arrested in Jammu and Kashmir since April. The police have registered over 3,200 drug-related cases during this campaign. Significant progress has been achieved in property attachments and cash seizures linked to the drug trade. The campaign aims to eradicate substance abuse among the youth and promote peace.
ARCs seek govt help to speed up recovery
Asset reconstruction companies have called for improved government intervention to accelerate debt recovery through DRTs. They proposed changes including automatic lapse of interim stays after two months and better notification processes for creditors. Additionally, they requested timely filling of DRT vacancies and enhanced electronic services for litigation. The Sarfaesi Act has been highlighted as an essential tool for banks in asset recovery.
Niti member Rajiv Gauba calls for reforms to strengthen energy security
Rajiv Gauba highlighted the importance of regulation and market reforms for strengthening India's energy security. He emphasized the need for an integrated natural gas value chain to support this transition. Gauba pointed out that enhancing domestic exploration and production is crucial for energy security and economic growth. Additionally, he mentioned the importance of expanding the National Gas Grid and city gas networks.
Stricter CAFE III norms notified for automakers: Cos need to cut average fuel usage of PV fleets over a 5-year period
The Indian government has rolled out the CAFE III guidelines, pushing automakers to significantly reduce fuel consumption. This will entail a consistent decline in the average fuel usage of passenger cars over the next five years.
India Mobile Congress 2026 launches 'Viksit Tech 47' platform to build Indian technology brands for global markets
India Mobile Congress 2026 has introduced Viksit Tech 47 to aid Indian technology firms in achieving global prominence. This platform aims to support companies in several technology sectors, including artificial intelligence and IoT. A flagship report assessing over 200 Indian tech companies will be released at the event. Viksit Tech 47 will also implement the Dr Zarabi Indigenisation Award for startups in hardware development.
India to soon release new steel policy, eyes 600 million tons capacity by 2047, secy says
India's government will soon unveil a new national steel policy aimed at boosting steel production. The production capacity is expected to reach 600 million metric tons by 2047. This policy will emphasize premium products and reducing imports to strengthen the domestic market. A separate policy on steel scrapping is also being discussed among various ministries.
Rajasthan engages its diaspora in Guwahati, showcases opportunities for growth, enterprise and development
Rajasthan has stepped up outreach to its diaspora ahead of Pravasi Rajasthani Diwas 2026, using a Guwahati meet to showcase investment opportunities and seek greater participation in the state’s growth. The government highlighted opportunities across tourism, mining, petrochemicals, handicrafts and other sectors, while inviting Rajasthanis living outside the state to contribute capital, expertise and networks.
India can achieve over 10% economic growth, says Sitharaman
Nirmala Sitharaman, the Union Finance Minister, radiated confidence in India's economic future, forecasting a growth rate surpassing 10 percent. She stressed the necessity of embracing technology and innovation in all sectors, celebrating the impact of startups since 2015. Furthermore, she emphasized technology's ability to revolutionize agriculture for increased productivity. The minister called upon citizens to nurture a constructive approach in pursuit of these vital economic objectives.
India's journey towards 'Viksit Bharat' being written in rockets built on Indian soil: ISRO chief
India's journey towards becoming a developed nation includes significant advancements in its space program by ISRO. The country has developed cryogenic propulsion systems independently after being denied this technology. Chandrayaan-3 made India the first nation to land successfully near the Moon's south pole. Upcoming projects include the Gaganyaan human spaceflight program and further lunar missions by 2040.
'Chintan Shivir': Council of Ministers maps strategy for 100 pc saturation of welfare schemes
During the Chintan Shivir, ministers prioritized achieving extensive outreach for government schemes aimed at eligible beneficiaries. Key discussions revolved around tackling challenges, enhancing communication strategies, and fostering greater public participation. They set their sights on effectively disseminating information about pivotal government programs, with a focus on improving inter-ministerial collaboration for welfare initiative delivery. This two-day conference seeks to establish a well-rounded agenda for future governance and reforms.
PM Modi holds ministers' camp for mid-term stocktaking of work
The broader themes identified include governance, Jan Vishwas se Jan Aadhaar, delivery, women, youth and effective communication. The remaining themes are expected to be taken up in the next round of the exercise on September 30 and October 1.
'Chintan Shivir' discusses governance, reforms, outreach to youth and women on Day 1
The Modi government's council of ministers convened for a comprehensive four-hour meeting to assess governance and welfare programs. Eight groups were organized to facilitate discussions, allowing Prime Minister Narendra Modi to directly connect with ministers and obtain their insights. The primary goals included improving collaboration, refining planning processes, and reviewing the status of numerous projects.
High-level panel on banking likely by October-end
Its composition is being finalised and is likely to include a former Reserve Bank of India (RBI) deputy governor, industry leaders from the fintech sector and an Indian Banks' Association (IBA) nominee, said people familiar with the matter.
PM Modi to chair Union Ministers' chintan shivirs
The first meeting will be held at Seva Teerth on Wednesday, beginning around 4 pm, and followed by a full-day session on Thursday, with Modi attending both. Sources said all Cabinet ministers, including those not coordinating the groups, are expected to make brief interventions.
Indian Embassy in Iceland celebrates UP Diwas, highlights cultural heritage and investment potential
The Indian Embassy in Iceland recently celebrated Uttar Pradesh Diwas, showcasing its culture and investment opportunities. Dignitaries attended a Viksit Bharat Run promoting fitness and national unity among the diaspora. A sapling plantation drive also occurred, marking the start of Swachhata Hi Seva observance. The embassy organized cleanliness drives and administered a Swachhata Pledge to officials. These events highlighted India's heritage and commitment to development abroad.
Uday Kotak lays out 7 priorities for Viksit Bharat, warns against economic complacency
Veteran banker Uday Kotak urged India to avoid complacency despite its strong global position, calling for tighter fiscal management, financial-sector reforms and stronger domestic production. Speaking at a Finance Ministry conference, Kotak outlined seven priorities for Viksit Bharat, including fiscal consolidation, reducing import dependence, addressing gold holdings and balancing regulation with economic growth.
‘Viksit Bharat depends on Viksit Rajya’: CEA calls for more private capital, higher state capex
Chief Economic Adviser V Anantha Nageswaran said India will need greater private-capital participation to finance its development ambitions towards 2047, urging states to create an investment-friendly ecosystem and strengthen capital expenditure. At a two-day conference on financing Viksit Bharat, Nageswaran said, “Viksit Bharat depends on Viksit Rajya”, while discussions also focused on savings, agriculture, energy transition, technology and fiscal resilience.
Investment for Viksit Bharat needs significantly greater participation by pvt capital: CEA Nageswaran
India’s large savings base needs to grow further, but significantly greater private-sector participation will be essential to mobilise the investment needed for the country’s Viksit Bharat goal, Chief Economic Adviser Anantha Nageswaran said at a conference on financing India’s development journey. He outlined three priorities for states: creating an environment that encourages private investment by improving access to land, power and logistics and ensuring effective single-window clearances.
Two-day conference of state finance ministers, secretaries concludes with focus on Viksit Bharat financing
The two-day meet covered the macroeconomic outlook, financing agricultural transformation and the energy transition, and stressed Centre-state coordination in the spirit of "Team India".
Assam CM Himanta Biswa Sarma attends conference on 'Financing India's journey towards Viksit Bharat'
Assam Chief Minister Himanta Biswa Sarma attended the Centre’s conference on financing India’s Viksit Bharat 2047 agenda in New Delhi, where discussions focused on public investment, private capital mobilisation, fiscal discipline and Centre-State coordination. Assam’s priorities included agricultural transformation, renewable energy and macroeconomic growth.
Private sector investment key for Viksit Bharat: DEA secretary
Private sector financing is crucial for India's ambitious Viksit Bharat vision. Government budgets alone cannot meet the scale of transformation required. States are identifying sector-specific financing needs and innovative funding means. Increased domestic savings and efficient capital allocation are essential for sustained growth. Fiscal discipline and attracting more capital are vital for navigating global challenges.
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