daily news analysis | Economic Issues

Grain ATM

The government of Bihar has recently approved the installation of three Grain ATM machines in Patna as part of a pilot project. The initiative is aimed at improving the efficiency, transparency, and accessibility of food grain distribution under the Public Distribution System (PDS). If successful, the model may be expanded to other regions. What is a Grain ATM? A Grain ATM, also known as Annapurti (meaning “provider of grain”), is an automated dispensing machine that provid

20 March, 2026 Agriculture
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Open Acreage Licensing Policy

Oil India Limited has undertaken seismic studies in the blocks awarded under the 9th round of OALP. This step has been taken to assess hydrocarbon potential and to formulate an effective bidding strategy for the upcoming 10th round. This development highlights the growing importance of data-driven exploration and strategic planning in India’s oil and gas sector. Introduction to OALP The Open Acreage Licensing Policy (OALP) was introduced by the Government of India on March 30, 2016,

20 March, 2026 Energy Reforms
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India’s Aviation Sector

India’s aviation sector has grown rapidly, becoming a major economic success story. However, regulatory oversight has not evolved at the same pace. Data-driven monitoring of fares and market behavior is essential to ensure fair competition, prevent market abuse, and shift from reactive crisis management to proactive regulation. Challenges in the Current Regulatory Framework Slow Regulatory Data Systems Passenger traffic has expanded rapidly, low-cost carriers dominate domestic

17 March, 2026 Airports
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Liberalised Remittances Scheme (LRS)

Recent data indicates that outward remittances by Indians under the Liberalised Remittances Scheme declined to $1.94 billion in November 2025, marking a two-year low. This decline was mainly due to a significant reduction in spending on foreign education, reflecting changing trends in overseas expenditure. About the Liberalised Remittances Scheme (LRS) The Liberalised Remittances Scheme is governed by the Foreign Exchange Management Act (FEMA), 1999, which regulates foreign exchange transa

17 March, 2026 Remittances
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Small Industries Development Bank of India (SIDBI)

Recently, the Union Cabinet of India approved equity support of ?5,000 crore for the Small Industries Development Bank of India (SIDBI). This decision aims to strengthen SIDBI’s financial capacity to support Micro, Small and Medium Enterprises (MSMEs) and promote entrepreneurship across the country. About Small Industries Development Bank of India The Small Industries Development Bank of India (SIDBI) was established on 2 April 1990 under an Act of Parliament. Initially, it funct

15 March, 2026 Banking
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Responsible Nations Index (RNI)

Recently, India launched the Responsible Nations Index (RNI) at the Dr. Ambedkar International Centre. The index aims to evaluate countries not only on economic strength but also on their responsibility toward citizens, the environment, and the global community. About the Responsible Nations Index The Responsible Nations Index (RNI) is India’s first globally anchored index designed to measure how responsibly nations conduct their governance and international engagement. The in

14 March, 2026 Others
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Central Silk Board (CSB)

Recently, the Government of India increased the financial approval limit of the Central Silk Board from ?50 lakh to ?1 crore by amending Rule 22 of the Central Silk Board Rules, 1955. This step is intended to improve administrative efficiency and speed up decision-making for projects related to the development of the silk industry in India. About Central Silk Board The Central Silk Board (CSB) is a statutory body established in 1948 through an Act of Parliament to promote and regulate

14 March, 2026 Agriculture
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Sodium-Ion Batteries

As batteries become the backbone of modern infrastructure—from electric vehicles to renewable energy storage—India’s heavy reliance on lithium-ion technology creates significant risks related to import dependence and critical mineral supply chains. In this context, Sodium-ion batteries (SiBs) are emerging as a safer, cost-effective, and resource-secure alternative. A strategic shift toward sodium-based battery technologies can help India strengthen long-term energy security

13 March, 2026 Energy Reforms
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India’s Labour Codes

India’s labour reforms through the four labour codes represent a major transformation in the country’s labour governance framework. The reforms aim to integrate social security, income protection, and long-term financial safeguards into employment relationships. By expanding coverage and formalising employment structures, the labour codes seek to strengthen financial inclusion, worker welfare, and economic stability. Key Features of India’s New Labour Codes Uniform De

13 March, 2026 Labour
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Circular Economy

The NITI Aayog launched three thematic reports on enhancing the circular economy in End-of-Life Vehicles (ELVs), waste tyres, e-waste, and lithium-ion batteries at the International Material Recycling Conference organised by the Material Recycling Association of India in Jaipur. These reports highlight the growing waste challenge arising from rapid urbanisation, expansion of electric vehicles, and increasing digitalisation, and propose policy pathways to strengthen India’s circular