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Center Distributes Over ₹3,324 Crores to Strengthen Rural Local Bodies in Five States

Official Press

12 Feb 2026

The Union Government of India has announced the release of the second installment of Fifteenth Finance Commission Untied Grants for the fiscal year 2025–26, aimed at empowering Panchayati Raj Institutions in managing rural development needs. The funds, totaling over ₹3,324 crores, have been allocated to five states: Bihar, Haryana, Himachal Pradesh, Uttar Pradesh, and West Bengal. These grants enable local governance bodies to address specific local requirements across various sectors excluding administrative expenses. Tied Grants also support essential services such as sanitation and drinking water management.

Source: Original Link

National Productivity Week 2026 Inaugurated at NPC's 68th Foundation Day

On February 12, 2026, the National Productivity Council (NPC) celebrated its 68th Foundation Day, coinciding with the commencement of National Productivity Week at the India Habitat Centre, New Delhi. The event emphasized India's productivity goals through global value chain integration, reinforced by "Atmanirbhar Bharat" and "

India's Path to a Trillion-Dollar Tech Future: A Vision for 2035

Union Minister Piyush Goyal urges India's tech industry to aim for a trillion-dollar sector by 2035 by embracing AI and clean energy, offering tax benefits to stimulate investment while focusing on data integrity and AI education. Source: Original Link

CCI Approves Siemens Motor Business Acquisition by Innomotics India

The Competition Commission of India (CCI) has approved the acquisition of the low voltage motor business of Siemens Limited by Innomotics India Private Limited. The acquisition, described as a slump sale, involves Innomotics obtaining the business which produces low voltage motors for industrial applications in India, and which also engages

CCI Approves 6.63% Share Acquisition in Valuedrive Technologies by Fidelity Funds

The Competition Commission of India has given its approval for the Fidelity Funds to acquire a 6.63% minority stake in Valuedrive Technologies Private Limited. This acquisition involves both primary and secondary subscriptions of compulsory convertible preference shares. Fidelity Funds is a part of the Fidelity Group, known for its

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National Productivity Week 2026 Inaugurated at NPC's 68th Foundation Day

India's Path to a Trillion-Dollar Tech Future: A Vision for 2035

CCI Approves Siemens Motor Business Acquisition by Innomotics India

CCI Approves 6.63% Share Acquisition in Valuedrive Technologies by Fidelity Funds