Latest News on the Indian Economy

August 05, 2026

Indigenous African Swine Fever (ASF) Vaccine Developed by ICAR Bolsters India's Biosecurity

ICAR has developed India's first indigenous African Swine Fever vaccine, strengthening livestock biosecurity, reducing disease-related losses and supporting sustainable growth of the country's pig farming sector.

Government Develops Industrial Townships Under NICDP Through Centre-State Partnership Model

The Government has approved 20 industrial nodes under the National Industrial Corridor Development Programme, supported by US$ 1.73 billion in sanctioned funding to strengthen manufacturing, logistics and industrial competitiveness across India.

Government Boosts MSME Financing Through SIDBI and ECLGS 5.0

The Government has expanded MSME financing through SIDBI's growing credit network and ECLGS 5.0, with US$ 27.31 billion in additional credit support envisaged to strengthen business growth and financial inclusion.

Establishment of New Ayush Institutes and Hospitals in the Country

The Government has released US$ 8.66 billion under the National AYUSH Mission from FY2015 to FY2026 to strengthen AYUSH infrastructure, expand healthcare facilities and improve access to traditional medicine across India.

GI Tags: Scaling Traditional Wealth into Global Brands

India is strengthening its Geographical Indication ecosystem through legal reforms, financial assistance and export promotion, with over 800 registered GI products and a target of 10,000 GI registrations by 2030.

PM-PRANAM boosts sustainable farming, encourages balanced fertilizer use across India

The Government is promoting balanced fertilizer use and sustainable agriculture through PM-PRANAM, organic farming schemes and the National Mission on Natural Farming, supporting millions of farmers while improving soil health and reducing dependence on chemical fertilizers.

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