Policy UpdateSruti Halder Background The National Asset Reconstruction Company Limited (NARCL) was conceived in the Union Budget 2021-22 as India’s government-backed “bad bank,” designed to aggregate and resolve large legacy non-performing assets (NPAs) sitting on the books of public sector…
The Competition Act, 2002 was enacted to promote fair competition, protect consumer interests, and prevent anti-competitive practices by establishing the Competition Commission of India (CCI). However, the rapid growth of digital platforms, data-driven business models, and technology-based markets exposed limitations in the existing competition framework, which was primarily designed for traditional markets. To address these emerging challenges, the Ministry of Corporate Affairs (MCA) constituted the Competition Law Review Committee (CLRC) in 2018. The Committee submitted its report in 2019, recommending reforms to modernise India's competition law and make it more responsive to the evolving digital economy.
The official Consumer Price Index (CPI) data released by the Ministry of Statistics and Programme Implementation (MoSPI) showed that India's headline retail inflation rose to 3.93% in May 2026, up from 3.48% in April 2026.
Policy UpdateShivali Yadav 1. Background The STRIVE project, or Skills Strengthening for Industrial Value Enhancement, was initiated by the Government of India via the Ministry of Skill Development and Entrepreneurship with assistance from the World Bank. The agreement was executed…
Policy UpdateAnushree Khare Background India’s Index of Industrial Production (IIP) is a monthly indicator from the National Statistical Office (NSO) that measures volume changes in physical production against a base year, acting as an early indicator of economic health. For…
Policy UpdateRiddhi Suthar Background The main piece of legislation in India that governs acceptance and utilization of foreign contributions and foreign hospitality by individuals, associations, and non-governmental organizations (NGOs) is the Foreign Contribution (Regulation) Act (FCRA), 2010. The need for…
Policy UpdateSruti Halder Background India’s credit market has long suffered from a mismatch between the volume of formal financial data generated by citizens and enterprises and lenders’ ability to access it efficiently. Borrower information land records, tax filings, credit bureau…