Economy News ( English version)

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  • PRAGATI progress report: 3,300 delayed projects worth Rs 85 lakh crore fast-tracked January 3, 2026
    PRAGATI has fast-tracked over 3,300 delayed projects worth Rs 85 lakh crore, resolving land, forest and clearance hurdles, and accelerating mega infrastructure works like the Kashmir rail link and Navi Mumbai airport.
  • Decade-old income tax demands resurface on portal, leaving taxpayers scrambling for proof January 3, 2026
    Old income tax demands from as early as 2005 are resurfacing on tax portals, with accumulated interest often exceeding the principal amount. This digitisation effort has created a piquant situation, as taxpayers may challenge the validity of these demands due to potential issues with timely delivery of notices and assessment orders.
  • Niti Aayog drafts plan to shield senior citizens from digital scams January 2, 2026
    India is preparing a policy road map to protect senior citizens from digital scams, with Niti Aayog working on a multi-ministerial action plan. The plan will focus on digital literacy, stronger security and coordinated monitoring as cases of ‘digital arrest’ fraud rise. The initiative will form part of broader elderly care measures, with details likely in Bu […]
  • India announces ₹7,295 crore export credit support package to ease financing for exporters January 2, 2026
    India has launched a significant export support package worth ₹7,295 crore. This initiative aims to make trade finance faster and cheaper for exporters. The package includes an interest subvention scheme and collateral support. These measures will be implemented over six years, starting from 2025. The goal is to boost India's exports by addressing criti […]
  • Labour Codes may spur hiring as firms get more flexibility to restructure January 2, 2026
    India’s new Labour Codes are expected to boost hiring by giving firms greater flexibility to restructure operations. The Industrial Relations Code raises the threshold for government approval for layoffs and closures to 300 workers from 100, easing compliance for MSMEs and mid-sized firms. Experts say labour-intensive sectors will benefit most, though some w […]

 

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