Economy

News on Indian Economy

Centre Highlights Border Infrastructure Push Through BADP and Vibrant Villages Programmes

According to the government, the primary objective of BADP has been to support the well-being of border communities by creating essential infrastructure through convergence with central, state, Union Territory and local schemes. The programme has supported projects related to health, education, roads, agriculture, sports, drinking water, sanitation, the social sector and small-scale industries. The government noted that the scheme is currently in its sunset phase.

Cabinet Clears Modified UDAN Scheme with Rs. 28,840 Crore Outlay to Expand Regional Air Connectivity

A major component of the scheme is the development of airport infrastructure. Under Modified UDAN, the government plans to develop 100 airports from existing unserved airstrips, with an estimated capital expenditure of Rs. 12,159 crore over the next eight years. This expansion is aimed at building a more competitive aviation ecosystem and ensuring that more regions are brought into the country’s air connectivity network.

Government Tightens Fertilizer Supply Chain, Warns of Strict Action Against Tagging Malpractices

To ensure uninterrupted movement, the Centre is also holding regular coordination meetings with the Ministry of Railways for the availability of sufficient rakes and priority transportation of fertilizers. In cases where demand-supply gaps are anticipated, advance imports are undertaken to maintain adequate stocks. Distribution within states continues to be managed by the respective state governments.

India’s Exports Climb to USD 714.73 Billion in FY 2025–26 (Apr–Jan), Government Unveils New Measures to Strengthen Trade

The government said India’s export growth has remained broad-based and consistent over the past few years. Between FY 2021–22 and FY 2024–25, exports grew at a compound annual growth rate of 6.9 per cent, rising from USD 497.90 billion in 2020–21 to USD 828.25 billion in 2024–25. Officials said this sustained expansion underlines India’s emergence as a resilient and diversified player in global trade, capable of maintaining growth even amid challenging international conditions.

Garuda Aerospace, REIL Join Hands to Expand Drone Pilot Training in Jaipur

The new centre is backed by a 10-year DGCA authorization reportedly valid through March 2036. According to the reports, the facility will train drone pilots for small-category Rotorcraft RPAS operations, including both day and night Visual Line of Sight missions. Ground training will be conducted at REIL House in Mansarovar, while flying operations are planned at Arya College of Engineering and IT in Kukas, Jaipur.

Digdol–Panthyal Twin Tube Tunnels Near Completion, Set to Transform Travel on Jammu–Srinagar Highway

The project consists of twin tube tunnels in the Ramban–Banihal section, with the northbound tunnels measuring 2.6 km and 0.619 km, and the southbound tunnel measuring 3.08 km. These are being built as part of the broader four-laning of NH-44, the highway that serves as the principal road lifeline linking Jammu with Srinagar and the Kashmir Valley.