Latest Economic Development News & Updates

Kolkata, April 10 (IANS) The Union Minister of Home Affairs, Amit Shah, on Friday released the BJP’s ‘Sankalp Patra (Election Manifesto)’ for the forthcoming two-phase Assembly elections in West Bengal scheduled for later this month. Zero tolerance against infiltration, evolving a transparent and corruption-free state recruitment mechanism, economic progression, and women empowerment were among the top priorities in the Patra.After releasing the manifesto, the Union Home Minister said that if …

Bhubaneswar, April 10 (IANS) Member of Parliament Aparajita Sarangi on Friday wrote to Chief Minister Mohan Charan Majhi, strongly urging the Odisha government to revisit its recent decision to halt the Bhubaneswar Metro Rail Project. In her letter, Sarangi emphasised that Bhubaneswar is at a “tipping point” due to rapid urbanisation, rising traffic congestion, and the growing demand for sustainable mobility solutions.”Bhubaneswar has been witnessing rapid urbanisation and population growth …

Kathmandu, April 7 (IANS) Nepal’s Foreign Minister Shishir Khanal is set to participate in the ninth Indian Ocean Conference, scheduled to be held from April 10 to 12 in Mauritius. India’s Ministry of External Affairs, the India Foundation, a New Delhi-based think tank, and the Government of Mauritius are jointly organising the conference — an annual flagship event held since 2016 that brings together global leaders and experts to deliberate on key regional and global challenges in the India…

New Delhi, March 28 (IANS) Exports from operational special economic zones (SEZs) totalled over Rs. 11.70 lakh crore in 2025‑26 (till December 2025), marking a 32.02 per cent increase from 2024, the government said on Saturday.There are 368 notified SEZs in India (as of February end) and the total investment in those areas stand at Rs 7.86 lakh crore, the official statement said.SEZs employed over 31.73 lakh people (as of December 2025), it added.The Union Budget 2026‑27 proposed a special o…

New Delhi, March 27 (IANS) President Droupadi Murmu on Friday emphasised the critical role of the Central Power Engineering Service (CPES) and the Indian Economic Service (IES) in shaping India’s development trajectory and ensuring that economic policies translate into tangible benefits for citizens.Addressing the officers of both services as they called on her at the Rashtrapati Bhavan, the President said they stand at the forefront of India’s growth story and will play a decisive role in b…

New Delhi, March 24 (IANS) More than 74.52 lakh new jobs were created in India’s unorganised sector during January–December 2025, which represents an increase of 6.18 per cent compared to the 12-month period from October 2023–September 2024, according to the Annual Survey of Unincorporated Sector Enterprises (ASUSE) released on Tuesday.The estimated number of establishments increased to 7.92 crore during January–December 2025 from 7.34 crore in ASUSE 2023–24 (October 2023–September 2…

New Delhi, March 18 (IANS) As Pakistan faces a deepening poverty crisis as per the latest government data, the country is actually facing “institutional poverty” — the absence of strong, predictable and resilient institutions that protect incomes, enable opportunity and absorb shocks, a new report has said.The Planning Commission of Pakistan revealed that monetary poverty has risen from 21.9 percent in 2018–19 to 28.9 percent in 2024–25, but the country is not only facing monetary pove…

New Delhi, March 13 (IANS) While Pakistan has enacted important legal protections for women in the workplace, the real challenge is enforcing those laws, with many organisations failing to establish functional inquiry committees or treating them as formalities, a new report has said.At an event organised by the Pakistan Institute of Labour Education and Research (PILER) on occasion of International Women’s Day, participants highlighted that fear of retaliation, social stigma and lack of trust …

Kochi, March 11 (IANS) Prime Minister Narendra Modi on Wednesday dedicated to the nation, inaugurated and laid the foundation stone for multiple development projects worth around Rs 10,800 crore in Kochi, marking a major push to infrastructure, energy and industrial growth in Kerala.Speaking after inaugurating the projects in Ernakulam, the Prime Minister said the initiatives together valued at nearly Rs 11,000 crore were being offered “with humility” to the people of Kerala and would help a…

Chennai, March 10 (IANS) Prime Minister Narendra Modi on Tuesday said he will inaugurate and lay the foundation stone for a slew of development projects covering petroleum, natural gas, roads, railways and other infrastructure sectors in Tiruchirappalli tomorrow (March 11). Sharing details of the upcoming initiatives on social media platform X, Prime Minister Modi wrote: “In Tiruchirappalli tomorrow, I will inaugurate and lay the foundation stone for development projects covering petroleum, natu…