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“Solar panels above, thriving crops below”: Union Minister Shri Shivraj Singh Chouhan inaugurates the 7th AgriVoltaics World Conference at Bharat Mandapam
Union Minister for Agriculture and Farmers’ Welfare Shri Shivraj Singh Chouhan inaugurated the 7th AgriVoltaics World Conference at Bharat Mandapam in New Delhi, emphasizing that integrating solar power generation with agriculture will transform farmers into both 'annadatas' and 'urjadatas'. Union Minister for New and Renewable Energy Shri Pralhad Joshi highlighted that India’s non-fossil energy capacity has exceeded 308 GW and announced that the world's largest AgriVoltaics campaign will be launched in the next phase of the PM-KUSUM scheme. Discussions emphasized designing policies centered around the needs of small and marginal farmers, ensuring protection of agricultural productivity, rainwater drainage, grid connectivity, and creating local employment opportunities for rural youth.
India hosts Agrivoltaics World Conference 2026
The Ministry of New and Renewable Energy (MNRE) is hosting the 7th edition of the AgriVoltaics World Conference (AWC) 2026 at Bharat Mandapam, New Delhi. Supported by Germany's Federal Ministry for the Environment, Climate Action, Nature Conservation and Nuclear Safety (BMUV) and organized in partnership with Conexio-PSE under the theme "Powering the Global South," this marks the first time the summit is hosted in the Global South. The conference focuses on transforming farmers from Annadatas (food producers) into Urjadatas (clean-energy producers) through innovation-driven agrivoltaics. During the event, key knowledge resources including a Decision-Making Tool, a Book of Abstracts, and the AgriPV Policy Handbook were launched to promote precision agrivoltaics, climate resilience, and rural economic growth.
As the Regional Connectivity Scheme (UDAN) completes ten years since its launch in October 2016, a review highlights its role in expanding India's domestic aviation network. Over the past decade, operational airports in India increased from 74 in 2014 to 166, with UDAN operationalising 687 regional routes, 95 aerodromes, and facilitating travel for 1.72 crore passengers. The next phase, designated as the Modified UDAN Scheme, was launched on July 4, 2026, with an outlay of Rs 28,840 crore for FY 2026-27 to FY 2035-36. It emphasizes Centre-State partnerships, a Challenge Mode Portal for aerodrome development, infrastructure CAPEX, operation and maintenance support, and indigenous civil aircraft manufacturing under Atmanirbhar Bharat.
25th SCO Council of Heads of Government Meeting: Raksha Mantri calls for unified action to dismantle the entire ecosystem of terrorism
Raksha Mantri Shri Rajnath Singh addressed the 25th Meeting of the Council of Heads of Government of the Shanghai Cooperation Organisation (SCO) in Dushanbe, Tajikistan. He called for unified, concerted action to dismantle the entire ecosystem of terrorism without double standards. Highlighting India's perspective, he emphasized that connectivity initiatives must respect the sovereignty and territorial integrity of all countries, citing the International North-South Transport Corridor and the Chabahar Port as significant projects. He also advocated for inclusive economic engagement, resilient supply chains, and practical value from SCO mechanisms, while sharing India's achievements in Digital Public Infrastructure, startup ecosystems, and global sustainability initiatives like the International Solar Alliance.
India–New Zealand FTA to Come into Force on 20th October 2026 on Vijay Dashmi, Opening New Opportunities for Indian Exporters
The Ministry of Commerce and Industry announced that the India–New Zealand Free Trade Agreement (FTA) will officially enter into force on 20th October 2026. The agreement provides 100% duty-free access for Indian goods to the New Zealand market, eliminating peak customs tariffs of up to 10% across sectors like textiles, leather, gems and jewellery, engineering, and pharmaceuticals. New Zealand has also offered market access in approximately 118 service sectors and committed to facilitate USD 20 billion of investment into India. The FTA includes provisions for temporary employment and working holiday visas for Indian professionals and youth, academic post-study work rights, an Agricultural Productivity Partnership with Centres of Excellence for crops like kiwifruit, apples, and honey, while excluding sensitive items like dairy and sugar to protect domestic producers.
Pumped Storage Hydropower
This PIB backgrounder details the role of Pumped Storage Hydropower (PSPs) in supporting India's clean energy transition and integrating renewable energy into the grid. It outlines the mechanics of PSPs, classification into on-stream and off-stream (open-loop and closed-loop) schemes, and current operational and pipeline capacities as of 2026. According to the Central Electricity Authority, India has identified 320 pumped storage projects with a combined potential of 345.38 GW. The source also discusses global capacities based on IRENA data, where India ranks fourth globally, and enumerates various government policy measures, guidelines, and regulatory reforms designed to scale up long-duration energy storage infrastructure.
India’s Space Economy to Reach USD 40-45 Billion in 7–8 Years; Dr Jitendra Singh underlines increasing Private Investments following Space Unlocking by PM Modi
Union Minister Dr. Jitendra Singh stated that India's space economy is projected to reach USD 40–45 billion over the next seven to eight years, growing from its current valuation of approximately USD 9 billion. Speaking at a Bloomberg New Economy Forum roundtable in New Delhi, the Minister emphasized the transition from demonstrating technological capabilities to building globally competitive commercial space enterprises. He highlighted the impact of opening the space sector to private participation in 2019–2020. Key growth drivers discussed include predictable demand through anchor government customers, faster regulatory approvals, lower business costs, robust supply-chain integration, and international partnerships, alongside the extensive terrestrial application of space technology in agriculture, infrastructure monitoring, and disaster management.
Connecting Kashmir: Building the Infrastructure for Growth
This PIB backgrounder details major infrastructure and connectivity developments across Jammu and Kashmir, focusing on rail, road, and aviation projects. Key highlights include the Udhampur–Srinagar–Baramulla Rail Link (USBRL) project, featuring the world’s highest railway arch bridge (Chenab Bridge), the cable-stayed Anji Khad Bridge, and India’s longest transportation tunnel (Tunnel T50). Surface connectivity has been augmented by projects such as the Sonamarg (Z-Morh) and Zojila tunnels, the Delhi–Amritsar–Katra Expressway, and road packages under PMGSY-IV. Aviation upgrades involve the expansion of the Srinagar International Airport and planned UDAN hubs at Udhampur and Kishtwar. The initiatives aim to integrate the region's economy, support agriculture and tourism, and enhance strategic logistics.
TDB-DST signs agreement with QNu Labs for ₹150 crore RDI support to strengthen India’s indigenous quantum-secure technology ecosystem
The Technology Development Board (TDB) under the Department of Science & Technology (DST) has signed an agreement with QNu Labs Private Limited to provide financial support of ₹150 crore under the Research Development and Innovation (RDI) Fund. The total project cost is ₹300 crore and aims to develop an indigenous technology backbone for India's Quantum Secure and Sensing Networks (IQSN). The initiative seeks to advance technologies from Technology Readiness Levels (TRL) 4-5 to TRL-9 across four core pillars: identity security, location integrity, network security, and time integrity, utilizing Optionally Convertible Debt for funding.
Women, Work and Enterprise: India’s Push for Better Livelihoods
According to Periodic Labour Force Survey (PLFS) data cited in the PIB release, India's female Labour Force Participation Rate (LFPR) increased from 23.3% in 2017-18 to 40% in 2025, and the Worker Population Rate (WPR) rose from 22% to 38.8%, with an estimated 20 crore women aged 15 and above employed in 2025. Policy support is expanding to transition this participation into better-quality work, entrepreneurship, and economic security through formalization, credit accessibility, market linkage platforms like the Womaniya initiative on GeM, targeted skill development schemes, and labor reforms.
Dr M L Jat addresses the Curtain Raiser press conference for ESTIC 2026 ;Dr Jat Outlines ICAR’s Role in ESTIC 2026
Dr. M. L. Jat, Secretary of DARE and Director General of ICAR, addressed a curtain-raiser press conference for the Emerging Science, Technology and Innovation Conclave (ESTIC) 2026 at the ICAR-Central Soil Salinity Research Institute in Karnal. He detailed ICAR's contributions to the thematic area of "Agri-Tech, Food Systems and Nutrition" for ESTIC 2026, scheduled to be held at Bharat Mandapam, New Delhi. Dr. Jat highlighted ICAR's research priorities, including genome editing, bio-fortified crop varieties, climate-resilient agriculture, indigenous vaccine research such as an African swine fever vaccine, artificial intelligence in soil science, green ammonia for sustainable fertilizers, and joint initiatives like SEHAT with ICMR linking agriculture, food, and human health.
Op Sindoor, Balakot Airstrike & Surgical Strike reflect India’s shift from diplomatic condemnation to proactive action to eliminate terrorism at its source: Raksha Mantri
Raksha Mantri Shri Rajnath Singh addressed a Defence Conclave in New Delhi, stating that Operation Sindoor, the Balakot Airstrikes, and Surgical Strikes mark a decisive shift from diplomatic condemnation to proactive counter-terrorism actions at the source. He warned of emerging security challenges, specifically identifying the '5D Security Threat' (Disinformation, Destabilisation, Disruption, Deception, and Destruction), 'lone-wolf' attacks, and 'white-collar terrorism,' while calling for a 'smart power' approach that merges hard and soft power, advanced weaponry, and artificial intelligence. Furthermore, he highlighted major milestones in domestic defense manufacturing, pointing out that defense production has risen significantly, defense exports have reached all-time highs, and initiatives like iDEX, positive indigenisation lists, and defense procurement reforms are driving the vision of an Aatmanirbhar (self-reliant) defense ecosystem.
The Cabinet Committee on Economic Affairs (CCEA) approved the strategic restructuring and sale of an aggregate 60.72% equity stake in IDBI Bank Ltd. to M/s 10955230 Canada Inc. (parent entity M/s Fairfax Financial Holdings Ltd.) for a purchase consideration of Rs.52,878.0806181 Crores. This stake comprises 30.48% held by the Government of India and 30.24% held by the Life Insurance Corporation (LIC). The transaction was executed through a competitive bidding process managed by the Inter-Ministerial Group, Core Group of Secretaries on Disinvestment, and the Alternative Mechanism. Fair valuation was determined using independent methodologies, resulting in a winning bid of Rs.81 per share. Post-transaction, the Government of India and LIC will retain residual shareholdings of 15% and 19% respectively.
The Union Cabinet has approved the continuation of the National Social Assistance Programme for five years from 2026-27 to 2030-31, with a total outlay of Rs. 53,428 crore. The programme and its sub-schemes have been renamed: NSAP is now Pradhan Mantri Samajik Sahayata Yojana, IGNOAPS is Pradhan Mantri Vridhavastha Pension Yojana, IGNWPS is Pradhan Mantri Vidhawa Pension Yojana, IGNDPS is Pradhan Mantri Divyangjan Pension Yojana, and the National Family Benefit scheme is renamed Pradhan Mantri Parivar Labh Yojana. Revisions were made to the divyangjan pension scheme to change the benchmark disability criteria to 40%, lower the minimum age criterion to since birth, and revise assistance rates. Pension schemes for old-aged and widows, along with the family benefit scheme, will continue in their existing form.
The Department of Drinking Water and Sanitation (DDWS), Ministry of Jal Shakti, organized a virtual conference with States and UTs focusing on the convergence of Jal Jeevan Mission (JJM) 2.0 with VB-G RAM G. The conference emphasized source sustainability, water security, and Gram Panchayat-led water governance as a follow-up to the Departmental Summit on Water 2026. Key discussions centered on long-term functionality and reliability of rural water supply assets, scientific planning through the Decision Support System (DSS) and Yuktdhara, integration of Village Action Plans with Viksit Gram Panchayat Plans (VGPPs) and Gram Panchayat Development Plans (GPDPs), and inter-departmental coordination among Rural Water Supply, Rural Development, and Panchayati Raj departments.
Cabinet approves continuation of the National Social Assistance Programme for five years from 2026-27 to 2030-31
The Union Cabinet has approved the continuation of the National Social Assistance Programme (NSAP) for a five-year period from 2026-27 to 2030-31, with a total financial outlay of Rs. 53,428 crore. The programme and its sub-schemes have been renamed: NSAP becomes Pradhan Mantri Samajik Sahayata Yojana; IGNOAPS becomes Pradhan Mantri Vridhavastha Pension Yojana; IGNWPS becomes Pradhan Mantri Vidhawa Pension Yojana; IGNDPS becomes Pradhan Mantri Divyangjan Pension Yojana; and the National Family Benefit Scheme becomes Pradhan Mantri Parivar Labh Yojana. Furthermore, the disability pension scheme has been revised to lower the benchmark disability criteria from 80% to 40%, set the minimum age criterion to since birth, and adjust assistance rates, while old-age, widow, and family benefit schemes continue in their existing forms.
Central Government approves India’s accession to Southern Indian Ocean Fisheries Agreement (SIOFA)
The Central Government has approved India’s accession to the Southern Indian Ocean Fisheries Agreement (SIOFA), transitioning from a Cooperating Non-Contracting Party to a full Contracting Party. Following the December 2025 Guidelines for High Sea Fisheries, this step provides a regional framework to expand India’s fishing fleet into international waters, secure legitimate rights for sustainable harvesting of high-value marine resources like squids, toothfish, and alfonsino, and advance India's Blue Economy. The accession enables India to participate fully in SIOFA's decision-making bodies, Scientific Committee, and Compliance Committee, collaborate on scientific research, combat illegal, unreported, and unregulated (IUU) fishing, and engage in the High Seas Boarding and Inspection (HSBI) Scheme to strengthen coastal security.
Frequently Asked Questions (FAQs) on Strategic Restructuring of IDBI Bank Ltd.
The Ministry of Finance has released Frequently Asked Questions detailing the strategic restructuring and privatization of IDBI Bank Ltd. M/s 10955230 Canada Inc. (parent entity M/s Fairfax Financial Holdings Ltd.) has been approved as the strategic buyer for a purchase consideration of Rs. 52,878.0806181 Crores. The transaction involves the sale of a 60.72% total shareholding, split between the Government of India (30.48%) and the Life Insurance Corporation of India (30.24%). Post-transaction, the Government of India will retain a 15% residual stake and LIC will retain a 19% residual stake. The transaction represents the largest Foreign Direct Investment in India's financial sector to date, expected to infuse private capital, technology, and management practices into the bank.
Government Approves Strategic Restructuring of IDBI Bank Ltd.
The Cabinet Committee on Economic Affairs (CCEA) approved the strategic restructuring and sale of an aggregate 60.72% equity stake in IDBI Bank Ltd. to M/s 10955230 Canada Inc. (parent entity M/s Fairfax Financial Holdings Ltd.) for a purchase consideration of Rs. 52,878.0806181 Crores. The transaction involves selling 30.48% of the Government of India's share and 30.24% of LIC's share, leaving residual shareholdings of 15% and 19% respectively. Implemented through a competitive bidding process managed by institutional mechanisms like the Inter-Ministerial Group and Core Group of Secretaries on Disinvestment, the winning best offer bid of Rs. 81 per share exceeded the benchmark fair valuation price of Rs. 75.99 per share. Upon completion, this will mark the largest Foreign Direct Investment in India's financial sector.
INDIAN NAVY COMPLETES MAIDEN COMMAND OF COMBINED TASK FORCE 154
The Indian Navy successfully completed its maiden Command of Combined Task Force 154 (CTF 154), a multinational maritime training Task Force under the Combined Maritime Forces (CMF), following a relinquishment ceremony in Manama, Bahrain, on October 14, 2026. Over its eight-month tenure starting February 11, 2026, the Indian Navy-led CTF 154 conducted numerous initiatives including Staff Enhancement Training engagements, two major multinational exercises (Operation Compass Rose 26-1 and Operation Southern Readiness 26-2 hosted in Kochi), and the inaugural Subject Matter Expert Exchange on Piracy and Armed Robbery (SPAR 2026). These engagements involved personnel from dozens of countries and generated thousands of training hours focusing on contemporary maritime security challenges. India joined CMF as an Associate Partner in 2022 and became a full member in 2023.