According to GoI’s response to a question in Parliament, there have been 42,673 instances of input tax credit fraud, worth ₹1,66,241 cr, cumulatively over FY21 and FY25 (up to January for the last fiscal).
India and Iran have historically enjoyed cultural, economic, and historical connections. Their relations have also gained new strategic importance in the last few decades with the re-emergence of Chabahar Port as a hub for India's regional connectivity policy.
In India, where over half the population depends on agriculture for their livelihood, and more than 70% of farmers are small and marginal, they remain extremely vulnerable to climate variability and crop failures (NITI Aayog, 2019). The growing threat of global warming has intensified the frequency and severity of erratic weather patterns, worsened agricultural risks, and deepened the cycle of income insecurity and indebtedness among farmers. Recognizing this urgent challenge, the Government of India launched the Pradhan Mantri Fasal Bima Yojana (PMFBY) in 2016. It is a large-scale crop subsidy insurance scheme that aims to safeguard farmers. This scheme is being administered by the Department of Agriculture and Farmers Welfare.
The relationship between the United States and India has entered a new era, where Artificial Intelligence (AI) and the digital economy are becoming the key drivers of cooperation. The Government of India initiated the National AI Mission in March 2024, with a budget of ₹10,300 crore. The mission aims at the development of a large-scale computing infrastructure, the development of in-country created models of Artificial Intelligence like Bharat Gen, the development of semiconductor manufacturing, and the nurturing of Artificial Intelligence talent through the IndiaAI Future Skills programme.
Pradhan Mantri Kisan Sampada Yojana (PMKSY), launched in 2017, is a central sector scheme implemented by the Ministry of Food Processing Industries (MoFPI). It aims to create a modern food processing ecosystem in India by reducing agricultural wastage and ensuring better returns for farmers.
SMART-PDS is a centrally sponsored, technology-oriented reform initiative by the Department of Food & Public Distribution (DFPD), Ministry of Consumer Affairs, aimed at enhancing and consolidating the IT infrastructure of India’s Public Distribution System (PDS).
In today’s interconnected world, perception often rivals policy in shaping global outcomes. Military strength and economic prowess matter, but they are no longer sufficient.