This budget for the financial year 2025-26 proposes a robust development to nuclear energy, suggesting it as one of the main factors that will drive India’s energy focus in the long term. Federal assistance for the construction of no less than five Small Modular Reactors (SMRs) is set to be provided and is expected to be operational by 2033.
India’s export promotion mission was announced in the 2025-26 Union Budget presented by the finance minister with a budget allocation of Rs 2,250 crore. This mission is a major step for India to make its global trade more competitive.
Launched by the Ministry of Housing and Urban Affairs on June 1, 2020, as part of the “Atmanirbhar Bharat Abhiyan” Pradhan Mantri Street Vendor’s Atmanirbhar Nidhi (PM SVANidhi) aimed at empowering and improving the economic conditions of the street vendors that were adversely affected by the COVID-19 pandemic. The need for this scheme arises as India’s street vendor forms an integral part of the urban economy.
The expansion of GCCs in India will certainly create numerous job opportunities, and foster skill development, while allowing India to attract more MNCs with a competitive edge.
Policy UpdateMeyhar Kaur Walia Background The Kisan Credit Card (KCC) Scheme was introduced in August 1998 to provide term loans for the agricultural needs of farmers. The issuance of KCCs is based on farmers’ land holdings to ensure uniform adoption…
Tonnage tax schemes, a unique form of taxation primarily found in the maritime industry, provide shipowners and operators with an alternative to traditional corporate taxation. Instead of taxing profits, these schemes assess taxes based on a fixed rate per net ton of a vessel. This approach, unique to the maritime sector, aims to establish a more predictable and stable taxation structure, thereby promoting investment and competitiveness.
As another year passes, March 14th marks the International Day of River Restoration, a moment to reflect on the vital role rivers play in human civilization. For millennia, rivers have nurtured societies, economies, and ecosystems, yet their degradation continues at an alarming pace. Despite the global call for river restoration initiated in 1997 in Brazil, progress remains insufficient.