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NEW DELHI: Seeking to harness cutting-edge technology to offer foreign visitors a smoother visa and immigration experience, while also strengthening national security, the Union cabinet Wednesday approved continuation of the immigration, visa, foreigners registration and tracking (IVF-RT) scheme for a further five years until March 2031, with a Rs 1,800 crore outlay.Sources in the govt…
The Union cabinet on Monday approved the extension of the Jal Jeevan Mission (JJM) until December 2028, with a revised total outlay of Rs 8.69 lakh crore, as the government seeks to shift the rural drinking water programme from infrastructure creation to a service delivery–driven model under JJM 2.0.Under the revised framework, the Centre’s financial…
NEW DELHI: Union Budget 2026 moved towards strengthening India’s efforts towards becoming a global manufacturing powerhouse in electronics by announcing a new incentive plan for semiconductor manufacturing, while nearly doubling the outlay under the Electronics Components Manufacturing Scheme to Rs 40,000 crore.Finance Minister Nirmala Sitharaman said that the India Semiconductor Mission (ISM) 1.0 had helped…
Finance Minister Nirmala Sitharaman, presenting the Union Budget on Sunday, announced a new scheme to support states in setting up five regional medical hubs in partnership with the private sector. These hubs will function as integrated healthcare complexes, combining medical care, education, and research, and aim to position India as a leading destination for medical…
As the Centre prepares to roll out the Viksit Bharat–Guarantee for Rozgar Aajeevika Mission (Grameen) (VB-G RAM G), it has allocated Rs 95,692.31 crore for the new scheme, while earmarking Rs 30,000 crore for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA).Allocation for MGNREGA is shown at Rs 30,000 crore for 2026-27, lower than…
Budget 2026 for defence: FICCI has advocated for higher emphasis on ‘Atmanirbharta’ in defence, with modern techniques. (AI image) Budget 2026 for defence: Finance Minister Nirmala Sitharaman’s Union Budget 2026 should look to prioritise growth-enhancing productive capital expenditure, with a special focus on the defence sector at a time when the global environment is marked…
Over 93% households benefitted from power subsidy in Dec 2025 NEW DELHI: More than nine out of 10 households in Delhi availed themselves of power subsidy benefits in Dec 2025, marking the widest reach of the free electricity scheme so far. Over 73% of the households did not have to pay any bill at all…
The government has notified detailed guidelines for two major shipbuilding initiatives with a combined outlay of over Rs 44,700 crore, aimed at strengthening India’s domestic shipbuilding ecosystem and enhancing global competitiveness.The Ministry of Ports, Shipping and Waterways (MoPSW) said the two schemes — the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS)…
States’ expenditure on salaries, pensions, and interest payments has surged nearly 2.5 times over the past decade, highlighting the rising share of committed spending in state budgets, according to the latest report by the Comptroller and Auditor General of India (CAG).The report, State Finances 2022-23, shows that combined committed expenditure across 28 states rose to…
