railway doubling
The Cabinet Committee on Economic Affairs has approved the doubling of the Bhagalpur-Dumka-Rampurhat railway line section (177 km) across Bihar, Jharkhand, and West Bengal at a cost of Rs. 3,169 crore. This project aims to enhance railway capacity, improve mobility, and support economic development in the region, providing better
GST Overhaul
The GST Council has announced a significant overhaul of the Goods and Services Tax (GST) structure, reducing rates for staple foods to tax-free and processed foods to 5%. This change, effective from September 22, 2025, aims to simplify the tax system, lower food prices, boost demand, and support the food
Swadeshi
Union Minister of Commerce and Industry, Shri Piyush Goyal, emphasized India's unity in facing global challenges and the importance of focusing on Swadeshi products and Atmanirbhar Bharat during the 56th EEPC India National Awards. He highlighted India's growth from a fragile economy to one of the
Narendra Modi
Prime Minister Narendra Modi emphasized the government's dedication to supporting India's middle class, highlighting its role in the nation's economic growth. He announced new #NextGenGST reforms aimed at making essential household products more affordable, following previous income tax cuts. Modi stated that the middle
GST reforms
Union Minister of Commerce and Industry, Shri Piyush Goyal, announced significant GST reforms at the Bharat Nutraverse Expo 2025, emphasizing that the reductions will boost consumption and benefit the nutraceuticals industry. He urged businesses to pass on savings to consumers and promote Indian products, highlighting India's economic growth
Unincorporated Sector
The National Statistics Office (NSO) has published the inaugural Quarterly Bulletin of Unincorporated Sector Enterprises (QBUSE) for January-March and April-June 2025. The bulletin reveals that the number of establishments in the unincorporated sector rose to 7.94 crore, with employment surpassing 13 crore for the first time. Female workers constituted
Economic Growth
Union Minister of Commerce and Industry, Shri Piyush Goyal, addressed the 21st Annual Global Investor Conference 2025, emphasizing India's economic resilience and growth strategies. He highlighted a 17.5-year high in manufacturing PMI, a 7.8% GDP growth, and the importance of the Make in India initiative. Goyal
President Murmu
On September 2, 2025, President Droupadi Murmu attended the 120th foundation day of City Union Bank in Chennai, emphasizing the banking industry's crucial role in India's economic growth. She highlighted the importance of financial inclusion, noting the need for accessible financial services for all citizens, especially
Sports goods manufacturing
Union Minister Dr. Mansukh Mandaviya chaired the inaugural Sports Goods Manufacturing Conclave in New Delhi, emphasizing India's commitment to an Atmanirbhar Bharat. He announced the formation of a task force to develop a sports goods manufacturing policy, aiming to increase India's global market share from 1%
SCOPE Eminence Awards
President Smt. Droupadi Murmu conferred the SCOPE Eminence Awards to Public Sector Enterprises (PSEs) in New Delhi, recognizing their significant contributions to India's development. The event highlighted the role of CPSEs in achieving the national goal of a developed India by 2047, with emphasis on their consistent performance
GDP
The Ministry of Statistics and Programme Implementation has announced that India's Real GDP is projected to grow by 7.8% in the first quarter of FY 2025-26, compared to 6.5% in the same quarter of the previous year. The growth is driven by a robust performance in
India-Japan partnership
During his address at the India-Japan Economic Forum, Prime Minister highlighted the strong economic partnership between India and Japan, emphasizing Japan's significant investments in India and the mutual benefits of collaboration in various sectors such as manufacturing, technology, green energy, infrastructure, and skill development. He called for enhanced