Economy News ( English version)

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  • Union Cabinet approves ₹10,000 crore Container Manufacturing Scheme to boost India's production October 28, 2026
    The Union Cabinet has approved significant schemes to enhance India's manufacturing infrastructure and capacity. The ₹10,000 crore Container Manufacturing Promotion Scheme aims to increase container production substantially by 2040. Additionally, the Pradhan Mantri Viksit Gram Swaraj Yojana will be implemented from 2026-27 to 2030-31, providing crucial […]
  • Government extends PLI scheme for textiles until 2033-34 to boost MSME participation and investments October 28, 2026
    The government has announced an extension of the Production Linked Incentive scheme for the textiles sector until 2034. This change aims to encourage more companies to participate by relaxing eligibility norms for investment. The textiles ministry has reduced the minimum turnover requirement for certain manufacturers from ₹200 crore to ₹100 crore. A reopened […]
  • Union cabinet approves 3% DA hike for 11.6 million central employees and pensioners, effective July 1 October 28, 2026
    On Wednesday, the Union cabinet approved a 3% increase in dearness allowance for employees and pensioners. This increase is expected to benefit over 11.6 million individuals ahead of the festive season. The change will take effect retrospectively from July 1, costing the exchequer ₹10,016 crore. Additionally, the government revised dearness allowance rates f […]
  • Manjhi releases 1,000 crore under PM job scheme to support 11,333 micro enterprises October 28, 2026
    Micro, Small & Medium Enterprises minister Jitan Ram Manjhi announced the release of ₹1,000 crore in subsidy. This funding aims to support 11,333 new micro enterprises while facilitating bank credit of ₹3,260 crore. The initiative is anticipated to create over 1.02 lakh sustainable employment opportunities, primarily in rural areas. The subsidy is part o […]
  • Green financing in India rises to $82 billion, but flows mostly to established sectors: Report October 28, 2026
    The Landscape of Green Finance in India, now in its fourth edition, maps actual finance flows or disbursements across sources, instruments, sectors, and subsectors for financial years 2022-23 and 2023-24. According to the report, while green finance has increased substantially between 2016-17 and 2023-24, financial flows remain concentrated in established se […]

 

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