Economy News ( English version)

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  • Issues related to India-EFTA trade pact implementation may figure during Piyush Goyal's Switzerland visit June 11, 2026
    Commerce Minister Piyush Goyal visits Switzerland this week. He will discuss issues related to the India-EFTA free trade agreement. The agreement was implemented in October 2025. Goyal will meet Swiss government officials and industry leaders. Discussions will focus on implementation and enhancing trade.
  • Centre clears Rs 1,663-crore first phase of Kollam-Theni NH project: Cong MP Suresh June 11, 2026
    The Centre has approved Rs 1,663.15 crore for the first phase of the Kollam-Theni National Highway development. This covers a 54.37-km stretch from Kadavoor Bypass Junction to Anjilimoodu. The project will be completed within 24 months. It includes a four-lane highway with bridges, underpasses, and safety features.
  • South Asia can generate millions of jobs through agriculture sector: World Bank Group June 11, 2026
    With agriculture sector employing around 43 per cent of the South Asian workforce, the region has strong potential to emerge as a global leader in food systems, said World Bank Group, as per a statement by the Ministry of Food Processing Industries.
  • India's economic growth rate to weaken at 6.6% in FY27 on slower investments, consumption: BMI June 11, 2026
    India's economic growth is expected to moderate to 6.6 percent in the current fiscal year. This slowdown follows a robust 7.7 percent growth in the previous year. Weaker investments and consumption are key factors. Trade disruptions from the West Asia crisis also pose challenges. The Reserve Bank of India's growth estimate aligns with this projecti […]
  • Credit guarantee scheme for MFI 2.0 gets extension June 10, 2026
    The Credit Guarantee Scheme for Microfinance Institutions-2.0 has been extended. This extension will last until August or until guarantees worth ₹20,000 crore are issued. The maximum loan amount for large NBFC-MFIs and MFIs has been raised to ₹1,000 crore. This aims to boost credit flow to the microfinance sector. Loans totaling ₹770 crore have been sanction […]

 

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