Category Policy Update

Ameya Satam

Security Chiefs’ BIMSTEC Meeting, Delhi, 2026: Securing Supply Chains and Multi-Domain Defence

On 6th June, 1997, BIST-EC (Bangladesh, India, Sri Lanka and Thailand) was created as a regional organization via the Bangkok Declaration (Shetty, 2026). It advanced into what today is known as the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) when Myanmar was admitted in December 1997, and Bhutan and Nepal in February 2004 (Shetty, 2026). BIMSTEC is a regional organization formed by seven member states - Bangladesh, Bhutan, India, Nepal, Sri Lanka, Myanmar and Thailand. Through this organization, all these countries that are located in the waters and adjacent areas of the Bay of Bengal represent their lineal unity in the region.

Debjani chatterjee

Mera Yuva Bharat (2023): Bridging the Youth Empowerment Gap

Before MY Bharat was launched, India already had several programmes for young people. But these programmes were managed by different departments and organisations. As a result, young people did not have one common platform to find opportunities related to volunteering, leadership, skill development and practical learning. At the same time, the government faced the challenge of connecting India’s large youth population with activities related to nation-building. This created a need for a more coordinated and technology-based platform for youth participation.

Chandrayaan-3 Vikram lander on the lunar surface

National Space Day 2026: Chandrayaan-3 and India’s Emerging Space Power

The annual observance of National Space Day on August 23rd serves as a commemoration of a significant national achievement: the successful soft landing of a spacecraft near the lunar south pole. This event represents a substantial advancement in the country's scientific and technological capabilities, particularly within the domain of space exploration. The mission, identified as Chandrayaan-3, was conceived as a successor to the earlier Chandrayaan-2 mission.

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Kalai-II Hydroelectric Project: Assessing the Adequacy of Environmental Impact Assessment

The Kalai II Hydroelectric project, a 1200 MW run of the river project on the Lohit river in Arunachal Pradesh received environmental clearance from the Ministry of Environment, Forest and Climate Change (MoEFCC) in June 2026. The project aims at strengthening India’s energy security by producing 4852.95 million units of energy annually.

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National Bamboo Mission: Assessing India’s Bamboo Value Chain, Farmer Livelihoods and Market Development (2018–2026)

Bamboo is a special species in the Indian rural economy and the ecology. Bamboo is a tender healthy grass that grows rapidly and can provide both tensile strength and versatility and is both fast-growing and renewable, supporting livelihoods in agriculture, forestry, handicrafts and modern manufacturing, at the same time, and is called “green gold” or “green steel.”

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National Asset Reconstruction Company Limited (NARCL), 2021: Assessing India’s Bad Bank Strategy for Resolving Stressed Assets

In the Economic Survey 2016–17, the idea of a centralised ‘bad bank' for India was first floated on the background of legacy non-performing assets (NPAs) that had built up in the public sector banks as a result of the infrastructure and corporate loan surge between 2008 and 2014. The idea of a ‘bad bank' is to buy and manage the stressed assets so that banks can realign their balance sheets and concentrate on their core business of lending and specialised institutions can focus on value recovery.

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BHAVYA-Rasayan (2026): Developing Dedicated Chemical Parks to Strengthen India’s Chemical Manufacturing Sector

The Bharat Audyogik Vikas Yojana Rasayan (BHAVYA–Rasayan Scheme) was announced in the Union Budget 2026–27 and approved by the Union Cabinet for establishing three dedicated Chemical Parks in India. Of the total financial outlay of ₹3,030 crore, ₹3,000 crore will be allocated for establishing common infrastructure and basic utilities, while ₹30 crore will be earmarked for administrative expenditure. The scheme will be implemented over a period of five years, from FY 2026–27 to FY 2030–31. It focuses on strengthening India’s chemical manufacturing ecosystem by creating dedicated industrial clusters with improved infrastructure and shared utilities. 

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