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The Union Budget 2026–27 presents a historic increase in railway investments across India, designed to modernize infrastructure, enhance passenger safety, and boost regional economic growth. Significant allocations will expedite high-speed corridors like Delhi–Varanasi, Varanasi–Siliguri, and Mumbai–Pune, drastically reducing travel times. The budget also emphasizes expansions in
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The Pandit Deendayal Upadhyaya National Academy of Social Security (PDUNASS) hosted a landmark national workshop focusing on a 'Member-First' vision in pension management. The event featured discussions on enhancing digital transformation, optimizing pension processing, and advancing the CITES Project. The workshop aimed at improving service delivery, reliability, and
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The Competition Commission of India (CCI) has given its approval for the proposed acquisition of certain shareholding on a fully diluted basis in Haldiram Snacks Food Pvt Ltd by L. Catterton India Fund. The L Catterton India Fund, a scheme of L. Catterton India Trust, aims to expand its investment
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The Competition Commission of India (CCI) has approved a proposal by Daiwa International Holdings Inc. to acquire a 15.01% equity stake in Ambit Wealth Private Limited. The acquisition involves a subscription to equity shares on a fully diluted basis. Daiwa is based in Japan and focuses on investment and
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The Competition Commission of India (CCI) has given its approval for AXDI LDII SPV 1 LTD to acquire a 10.04% shareholding in Aadhar Housing Finance Limited from BCP Topco VII Pte. Ltd. Source: Original Link
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Union Minister Dr Jitendra Singh emphasized the Modi Government's focus on innovation-led growth at the AIM SUMVAAD Incubator Conclave. He highlighted initiatives in the 2026-27 budget focusing on startups, women-led entrepreneurship, and incubation. Innovations like the Biomanufacturing Shakti Mission align with India's biotech strengths, fostering scalable
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The Government of India has announced the establishment of over 32,000 new multipurpose Primary Agricultural Credit Societies (PACS) and various cooperative societies to improve cooperative coverage in panchayats nationwide. Initiatives are being taken to modernize financial services with digitization, with a focus on inclusivity, especially for women and marginalized
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The Indian government has initiated a comprehensive effort to transform Primary Agricultural Credit Societies (PACS) into multipurpose cooperative entities to bolster rural economies. In agriculture, through the Model Bye-laws, PACS can undertake over 25 business activities, enhancing farmer profitability through initiatives like grain storage plans and PM Kisan Samriddhi Kendras.
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The Supreme Court of India has ordered the distribution of Rs. 5,000 Crore from the 'Sahara-SEBI Refund Account' to be disbursed to legitimate Sahara Group of Cooperative Societies depositors. The Ministry of Cooperation, in compliance with this order, launched the 'CRCS-Sahara refund portal' to facilitate
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The registration process for Multi-State Cooperative Societies has been made online following the 2023 Amendment in Multi-State Cooperative Societies Act. The Central Registrar's application processing time is reduced from 4 to 3 months, with potential for an additional 2-month extension if necessary. Union Minister for Home and Cooperation,
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The Ministry of Cooperation has introduced a new scheme to provide financial aid to Cooperative Sugar Mills through the NCDC. With an allocation of ₹1000 Cr, the scheme has disbursed significant amounts to various CSMs, boosting ethanol plants, power generation, and working capital. It aims to revive non-functional mills and
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The Ministry of Cooperation has reported 4459 Primary Agricultural Credit Societies (PACS) in Jharkhand, engaging in various business activities. New cooperative societies have been established under the national formation plan, with supportive measures in place to enhance the viability and reach into underserved areas. Source: Original Link