State-led capital spending: State governments’ ability to sustain capital expenditure has come under focus as several States breached the 3% fiscal deficit norm using enhanced borrowing space during FY2021–FY2025.State-led capital spending refers to expenditure by State governments on asset creation such as roads, irrigation, power, health, education infrastructure, and urban development.It is distinct from revenue […]
Category: Economics Current Affairs
Know Your Survey: A User Guide to ASUSE
Know Your Survey: A User Guide to ASUSE The Ministry of Statistics and Programme Implementation has released the first-ever reader-friendly guide titled Know Your Survey to transparently explain survey processes to data users.A first-of-its-kind, reader-friendly publication released by the National Statistics Office under the Ministry of Statistics and Programme Implementation.It explains the concepts, coverage, methodology, […]
Adult Skill Assessment Survey, 2026
Adult Skill Assessment Survey, 2026: India is set to conduct its first nationwide assessment of adult skill competencies in 2026 to generate crucial data for tackling workforce challenges and harnessing the demographic dividend.The Ministry of Statistics and Programme Implementation (MoSPI) will conduct the survey using the Comprehensive Modular Survey (CMS) framework, at the request of […]
Government Notifies Market Access Guidelines under EPM
Government Notifies Market Access Guidelines under EPM: The Ministry of Commerce & Industry has notified the first set of market access guidelines under the Export Promotion Mission (EPM) to enhance global market reach for Indian exporters. Exporters, especially MSMEs, receive funding for trade fairs, Buyer-Seller Meets (BSMs), Mega Reverse Buyer-Seller Meets (RBSMs), and trade delegations. […]
UPI Transactions Surge to 21.63 Billion in December 2025
UPI Transactions Surge to 21.63 Billion in December 2025: India’s digital payments ecosystem continues to expand rapidly. In December, transactions through the Unified Payments Interface recorded strong growth in both volume and value. The latest figures underline the growing reliance on cashless payments by individuals and businesses, reinforcing India’s position as a global leader in […]
Assam Becomes First State to Constitute 8th State Pay Commission
Assam Becomes First State to Constitute 8th State Pay Commission: Assam has taken a lead in government pay reforms by becoming the first state in the country to set up its 8th State Pay Commission. This proactive decision comes just before the end of the 7th Pay Commission’s term on January 1, 2026. The move […]
Market Access Support (MAS) Intervention
Market Access Support (MAS) Intervention: The Government of India has launched the Market Access Support (MAS) Intervention under the Export Promotion Mission to strengthen global market access for Indian exporters, especially MSMEs and first-time exporters.The Market Access Support (MAS) Intervention is a government-backed programme that provides financial and institutional assistance to Indian exporters for accessing […]
Finance Ministry Notifies 100% FDI Rules For Insurance Sector
Finance Ministry Notifies 100% FDI Rules For Insurance Sector: India has taken a major reform step in the insurance sector by formally notifying rules to allow 100% foreign direct investment (FDI). The move aims to attract global capital, improve competition and deepen insurance penetration. While easing several governance restrictions for foreign invested insurers, the government […]
Credit Growth Nears 12%
Credit Growth Nears 12%: As per revised RBI data up to December 15, 2025, bank credit growth rose to nearly 12% year-on-year, while deposit growth slowed to 9.35%. This widened the credit–deposit gap to 263 basis points, highlighting pressure on banking system liquidity.In the previous fortnight (ended November 28), credit growth was 11.5%, while deposit […]
ATM Numbers Decline in FY25 as Digital Payments Surge: RBI
ATM Numbers Decline in FY25 as Digital Payments Surge: RBI India’s banking landscape is undergoing a structural shift. According to the latest RBI report, ATM numbers declined moderately in FY25, reflecting the rapid adoption of digital payment systems such as UPI, while physical bank branches continued to expand, particularly in rural and semi-urban areas.RBI report […]
