Bharat trade net, announced during the Union Budget 2025-26, is intended to help exporters, especially MSME’s through reduction in procedural hurdles, improving documentation processing and minimization of compliance delays.
The Ministry of Commerce and Industry was established under the Government of India to boost, regulate, and monitor the trade of goods and services domestically and internationally, inducing economic growth by developing industries, collaborating with the world for trade partnerships, and fostering commercial relationships.
The Alternate Investment Funds (AIFs) structure, especially via the Fund of Funds for Startups (FFS), has become a driving force in fostering India's startup environment. It has effectively gathered substantial local capital, aided more than 1,000 startups, and played a role in job creation as well as regional economic growth.
The concept of Purvodaya was first introduced by the Prime Minister Narendra Modi in 2015 during the inauguration of an Indian Oil Corporation refinery in Paradip, Odisha. The initiative stepped up in Union Budget 2024-25 with Finance Minister Nirmala Sitaraman allocating significant funds for infrastructure, industrial and skill development programs in the region. This policy aims to position India as a global economic powerhouse by leveraging the potential of all regions under the broader vision of Viksit Bharat 2047.
Gujarat, Haryana and Odisha joined Kerala and Tamil Nadu in asking the Finance Commission for a 50 percent devolution in central taxes.
Now Indian Prime Minister Narendra Modi is to meet US president Donald Trump in the US. What could come out of it?
The panel discussion on IMPRI’s 6th Annual Series of Thematic Deliberations and Analysis of Budget 2025-2026 on Cities, Local Governance, and the Union Budget 2025-26. Organized by the Center for Habitat, Urban and Regional Studies (CHURS) at the IMPR, Impact and Policy Research Institute, New Delhi.