Union Budget 2026–27: Government Raises Capex, Boosts Defence, Maintains Fiscal Consolidation Path
The Union Budget for 2026–27, presented by Finance Minister Nirmala Sitharaman in Parliament on Saturday, has laid out a comprehensive fiscal roadmap aimed at sustaining economic growth, strengthening infrastructure, enhancing national security and maintaining fiscal discipline amid global uncertainty. The Budget pegs the total expenditure of the Union government at ₹53.5 lakh crore for FY27, marking a sharp increase from the revised estimate of about ₹49.6 lakh crore in FY26. The increase reflects the government’s continued emphasis on public investment, defence preparedness and social sector spending. According to Budget documents, total receipts excluding borrowings are estimated at ₹36.5 lakh crore, while gross tax revenue is projected at ₹44.04 lakh crore, up from ₹42.7 lakh crore in the current financial year. Net tax receipts to the Centre are estimated at ₹28.7 lakh crore after devolution to states. To bridge the gap between receipts and expenditure, the Centre has proposed gross market borrowings of ₹17.2 lakh crore, with net market borrowings pegged at ₹11.7 lakh crore for 2026–27. Fiscal Deficit and Debt Position The government has projected the fiscal deficit at 4.3 per cent of GDP for FY27, marginally lower than the previous year, signalling a continued commitment to fiscal consolidation. The debt-to-GDP ratio is estimated at 55.6 per cent, compared with around 56.1 per cent in FY26, indicating a gradual reduction in sovereign debt levels. Finance Minister Sitharaman said the government remains focused on balancing growth imperatives with macroeconomic stability, even as it scales up spending on infrastructure and security. Capital Expenditure at Record High Capital expenditure has once again emerged as a central pillar of the Budget. The government has allocated ₹12.2 lakh crore towards capital expenditure in FY27, compared to ₹11.2 lakh crore in FY26. At 4.4 per cent of GDP, capex remains at its highest level in over a decade. The enhanced allocation will support investments in roads, railways, ports, urban infrastructure, logistics and digital connectivity, with the aim of crowding in private investment and improving long-term productivity. The Ministry of Road Transport and Highways has been allocated around ₹3.09 lakh crore, while Indian Railways has received ₹2.81 lakh crore, continuing the focus on network expansion, modernisation and safety. Defence Allocation Sees Major Jump Defence spending witnessed one of the most significant increases in the Union Budget. The total defence allocation for FY27 has been pegged at ₹7.84 lakh crore, up from ₹6.81 lakh crore in FY26. Of this, capital outlay stands at ₹2.19 lakh crore, reflecting a strong push towards military modernisation and indigenous defence manufacturing. Revenue expenditure, including pensions and operational costs, has been placed at ₹5.54 lakh crore. Within the capital budget, allocations include ₹63,733 crore for aircraft and aero engines, ₹25,023 crore for naval platforms, and enhanced funding for missiles, armoured vehicles and advanced defence technologies. Taxation: Stability and Simplification The Budget has maintained status quo on personal income tax slabs, providing stability to taxpayers. The government reiterated its commitment to simplifying tax administration and reducing litigation. The Finance Minister confirmed that the new Income Tax Act, 2025, which aims to replace the Income Tax Act of 1961, will come into effect from April 1, 2026, introducing clearer language and streamlined procedures. On the indirect tax front, customs duties were rationalised to support domestic manufacturing by reducing duties on selected capital goods and raw materials, while levies on certain imported luxury items were increased. Ministry-wise Allocations Among all ministries, the Ministry of Finance received the largest allocation at approximately ₹19.72 lakh crore, primarily towards interest payments, subsidies and transfers. The Ministry of Home Affairs has been allocated around ₹2.55 lakh crore, while the Ministry of Consumer Affairs, Food and Public Distribution received ₹2.39 lakh crore, reflecting continued support for food security and subsidies. The Ministry of Education has been allocated about ₹1.39 lakh crore, with increased funding for school education, higher education and skill development. The Ministry of Health and Family Welfare has received approximately ₹1.06 lakh crore, aimed at strengthening public healthcare infrastructure and services. Agriculture and Rural Economy Agriculture and rural development remain key focus areas. The Budget continues support for minimum support price (MSP) operations, irrigation projects and agri-infrastructure development. Allocations for rural employment schemes and farmer welfare programmes have been maintained to support rural incomes and consumption. MSMEs, Employment and Industry To support job creation and small businesses, the government expanded credit guarantee schemes for micro, small and medium enterprises (MSMEs) and announced measures to ease access to institutional finance. Skill development programmes received higher allocations to align workforce capabilities with emerging industry needs. The manufacturing and export sectors are expected to benefit from infrastructure investments, stable tax policies and continued incentives under production-linked incentive (PLI) schemes. Green Growth and Energy Transition The Budget reaffirmed India’s commitment to sustainable development, with increased allocations for renewable energy, green hydrogen, electric mobility and climate-resilient infrastructure. Incentives for electric vehicles and clean energy projects were extended to support the transition to a low-carbon economy. Market Borrowing and Revenue Outlook The government expects improved tax buoyancy, supported by steady economic growth and compliance measures. Gross tax revenue growth is projected to support higher spending without significantly widening the deficit. Bond markets are expected to closely track the government’s borrowing programme and fiscal trajectory in the coming months. Overall Assessment The Union Budget 2026–27 presents a calibrated approach focused on infrastructure-led growth, defence preparedness, fiscal prudence and inclusive development. By sustaining high public investment while gradually lowering the fiscal deficit, the government aims to support economic momentum amid global headwinds. While the immediate impact will be seen in infrastructure activity and defence manufacturing, the broader effects of the Budget are expected to unfold through higher private investment, job creation and improved economic resilience in the years ahead.
18th Rozgar Mela: Massive Government Job Drive Connects Youth With Employment Opportunities
The 18th Rozgar Mela, one of India’s largest ongoing employment initiatives, was held on 24 January 2026 with events organised simultaneously across the country to provide job opportunities and appointment letters to young Indians. The flagship programme — aimed at accelerating government recruitment and linking the nation’s youth with jobs across ministries, departments and public sector units — witnessed widespread participation and engagement from newly appointed candidates. Prime Minister Narendra Modi addressed the 18th Rozgar Mela via video conferencing from New Delhi, speaking to appointees gathered at 45 locations nationwide. In his address, he described the initiative as a significant milestone for India’s youth and reiterated the government’s focus on employment creation, skill development and economic opportunity expansion for young Indians. When and Where It HappenedThe 18th Rozgar Mela took place on 24 January 2026, coinciding with a period of national significance that includes Parakram Diwas (on 23 January), National Voters’ Day (25 January) and the Republic Day celebrations on 26 January. The event was organised at 45 locations across India, allowing candidates from diverse regions to receive appointment letters and engage in related activities. The main address was delivered from New Delhi by the Prime Minister, while physical distribution of letters and events were held at designated Rozgar Mela venues in states across the country, including West Bengal, Nagaland, and other regions. Some centres, such as the Assam Rifles Training Centre in Dimapur, Nagaland, issued appointment letters to newly recruited candidates, reflecting the decentralised nature of the event. Key Highlights and Appointment DistributionOver 61,000 appointment letters were distributed to candidates selected for government jobs across ministries, departments and organisations, including departments such as Home Affairs, Health and Family Welfare, Higher Education, Financial Services, and others. The appointment letters were handed over through a combination of physical distribution at Rozgar Mela venuesand virtual interaction, connecting recipients across different states with the Prime Minister’s address. The event marks one of the largest single distributions of appointment letters under the Rozgar Mela scheme, with many of the new appointees beginning their careers in government service immediately following the mela. Reports from individual centres — such as Digberia in West Bengal — indicated that thousands of appointment letters were issued locally to freshly recruited personnel, including those selected for service in Central Armed Police Forces (CAPFs) and other government wings. Prime Minister’s Address and Core MessagesIn his address, Prime Minister Narendra Modi highlighted the symbolic importance of the Rozgar Mela and framed the distribution of appointment letters as an “invitation to nation building” for the youth. He noted that the year 2026 had begun with new opportunities and happiness for many young Indians who were now entering government service through the mela. The Prime Minister emphasised that connecting youth with skills and employment remains a priority of the government and that the Rozgar Mela had evolved into a key institutional mechanism over recent years, issuing over 11 lakh appointment letters since its inception as a mission-mode recruitment drive. In his remarks, the Prime Minister also positioned the Rozgar Mela within a larger economic and developmental narrative, highlighting India’s rapidly growing startup ecosystem, expanding opportunities in sectors such as animation, digital media and electronics, and the role of trade and mobility agreements in opening new opportunities for Indian youth globally. He pointed to India’s demographic advantage as one of the youngest countries in the world and underlined the government’s consistent efforts to create employment both domestically and internationally, reinforcing the event’s relevance as part of the broader agenda of economic empowerment and youth inclusion. Broader Impact of Rozgar MelasSince its launch, the Rozgar Mela programme has been a significant tool for mission-mode recruitment by the Centre, working to accelerate government hiring and ensure transparent, timely delivery of appointment letters. According to government figures, the Rozgar Mela initiative has facilitated the distribution of appointment letters in excess of 11 lakh across multiple editions, helping to place youth in positions within central ministries, departments and public sector undertakings nationwide. Union officials and youth representatives have lauded the Rozgar Mela as a platform that not only invites career opportunities but also encourages the next generation of public servants to contribute meaningfully to national development. Many candidates expressed gratitude and optimism after receiving their appointment letters, highlighting the personal and professional significance of the event. A Platform for Empowerment and National ServiceThe 18th Rozgar Mela reinforced its identity as a platform for youth employment generation, providing young Indians with direct entry points into government service while aligning with broader national goals of skill development, economic growth and public service excellence. By bringing thousands of new recruits into government employment, the event underscored the government’s commitment to expanding opportunities for work and career advancement for the nation’s youth. Looking ahead, future editions of the Rozgar Mela will continue to be watched closely as an indicator of the government’s progress in achieving large-scale, transparent employment generation across sectors and regions, particularly at a time when job creation remains a central public policy objective.
PM Modi’s Mann Ki Baat – Episode: 130th
GOVERNMENTPM Modi’s Mann Ki Baat – Episode: 130th Newsyaar January 25, 2026 6:15 pm https://www.youtube.com/watch?v=ehO3BjjTQgM&t=28sVideo credit: YT@/NaMo My dear countrymen, Namaskar. This is the first ‘Mann Ki Baat’ of the year 2026. Tomorrow, on the 26th of January, we shall all celebrate our Republic Day. Our Constitution came into effect on this very day. This day; the 26th of January, gives us an opportunity to pay homage to the founding fathers of our Constitution. Today, the 25th of January, is also a very significant day. Today is National Voter’s Day… Matadata Diwas. A voter is the soul of democracy. Friends, Usually, when someone turns 18, becomes a voter, it is considered a normal milestone in life. However, this occasion is actually a major milestone in any Indian’s life. Therefore, it is very important that we celebrate becoming a voter in our country. Just as we wish and celebrate birthdays… similarly, whenever a young person becomes a voter for the first time, the entire neighbourhood, village, or city should come together to congratulate them and distribute sweets. That would raise awareness about voting and strengthen the feeling of how important it is to be a voter. Friends, I would like to express my deep appreciation to all those people in the country who are involved in the electoral process and work at the grassroots level to keep our democracy vibrant. Today, on ‘Voter’s Day’, I would once again urge my young friends to register themselves as voters upon turning 18. This will fulfil the sense of duty that the Constitution expects of every citizen and will also strengthen India’s democracy. My dear countrymen, These days I am seeing an interesting trend on social media. People are reliving their memories of the year 2016. In the same spirit, today I too would like to share one of my memories with you. Ten years ago, in January 2016, we embarked upon an ambitious journey. We had realised then, that even if it were a small one, it was very important for the future of the country for the young generation. At that time, some people could not understand what it was all about, after all! Friends, the journey I am referring to is the journey of Start-up India. The heroes of this amazing journey are our young friends. The innovations they came up with by stepping out of their comfort zones are being recorded in history. Friends, Today India has turned into the third largest Start-ups ecosystem in the world. These Start-ups are out of the box; they are working in sectors that were unimaginable even 10 years ago. AI, Space, Nuclear Energy, Semiconductors, Mobility, Green Hydrogen, Biotechnology… you name it and you’ll find one Indian Start-up or the other working in that sector. I salute all my young friends who are associated with one Start-up or the other or want to start one of their own. Friends, Today through ‘Mann Ki Baat’, I want to urge my countrymen; especially the youth associated with industry and Start-ups. India’s economy is progressing rapidly. The world is watching India. At such a juncture, we all shoulder a huge responsibility. That responsibility is to emphasize on quality. The era of ‘it just happens… it works… it will go through somehow’ is over. Come, let us prioritize quality with all our might this year. Let our only mantra be quality, quality and only quality. Better quality today than what it was yesterday. Let us resolve to improve the quality of whatever we manufacture. Be it our textiles, technology or electronics… even packaging; the connotation of an Indian product should become – ‘top quality’. Come, let us make excellence our benchmark. Let us resolve that there will be no laxity on quality, nor will there be any compromise on quality. And I had expressed from Red Fort – ‘Zero Defect Zero Effect’. Only by doing this shall we be able to accelerate the journey towards a ‘Viksit Bharat’. My dear countrymen, The people of our country are very innovative. Seeking solutions to problems is part of our countrymen’s nature. Some do this through start-ups; while others try to find a solution through the collective strength of society. One such effort has emerged in Azamgarh, Uttar Pradesh. The People there have lent life anew to the Tamsa River that flows through this place. The Tamsa is not just a river; it’s a Live continuum of our cultural and spiritual heritage. This river, which crosses Ayodhya and merges with the Ganga, was once the axis of life for the people of this region. However, on account of pollution, its uninterrupted flow was obstructed. Silt, garbage and filth had blocked the flow of this river. After that, the people here started a campaign to give it a new lease of life. The river was cleaned, and shady, fruit-bearing trees were planted along its banks. Local people engaged themselves at the task with a sense of duty… and through everyone’s efforts, the river was revived. Friends, A similar endeavour of public participation has also been witnessed in Ananthapur, Andhra Pradesh. This is a region that has been grappling with a severe drought. The soil here is red and sandy, which is why people face water shortages. Many areas here do not receive rain over long periods. People sometimes even compare Anantapur to a desert drought.Friends, to address this problem, locals resolved to clean the reservoirs. After that, with the support of the administration, the ‘Ananta Neeru Sanrakshanam Project’ was launched. Under this effort, more than 10 reservoirs have been revived. These reservoirs are filling with water now. Simultaneously, more than 7,000 trees have been planted. This means that along with water conservation, the green cover in Anantapur has also increased. Children now, can also enjoy swimming here. In a way, the entire ecosystem here has been revitalized. Friends, Whether it’s Azamgarh, Ananthapur,
Modi Calls Nitin Nabin His ‘Boss’ as New BJP President Takes Charge
New Delhi:In a moment rich with symbolism and political messaging, Prime Minister Narendra Modi on Tuesday formally welcomed Nitin Nabin as the new national president of the Bharatiya Janata Party (BJP), declaring that in party matters, the newly appointed chief would be his “boss”. The remark, made at a felicitation event on January 20, 2026, with the BJP’s emphasis on organisational discipline and a clear separation between the party and the government.Nitin Nabin, 45, officially assumed charge in the presence of senior party leaders and Prime Minister Modi, marking the beginning of a new phase for the BJP’s organisational leadership. Addressing party workers, Modi said he had presented an account of his own work to the new president, adding with a touch of humour that he now awaited Nabin’s “guidance” and confidential report.“When it comes to party matters, honourable Nitin Nabin ji is my boss. I am a worker,” Modi said, drawing applause from the audience. The Prime Minister had made a similar statement in 2019 alongside then BJP president Amit Shah, reiterating a long-standing message within the party that the organisation functions independently of the government.Highlighting Nabin’s generational outlook, Modi pointed to the new president’s ability to bridge tradition and modernity. He remarked that while he himself grew up listening to news on the radio, Nabin represents a generation comfortable with technology and artificial intelligence, an implicit nod to the BJP’s evolving political strategies in a digital age.Nitin Nabin was officially declared the BJP national president on January 19, following the completion of an extensive internal organisational election process. According to party sources, 37 nominations were filed in his support, all of which were found valid.While the event largely focused on organisational unity, Modi also touched upon broader political issues. He reiterated the BJP’s position on national security, stating that infiltrators posed a serious threat to the country and must be identified and deported. He stressed the importance of learning from the mistakes of other political parties, a veiled reference to the Congress, and urged BJP workers to remain disciplined and connected to grassroots concerns.As Nitin Nabin steps into his new role, he faces the challenge of steering the BJP through complex electoral terrain and internal expectations. His relatively young age and organisational mandate signal a leadership style that blends experience with adaptability, qualities the party believes are essential for navigating the evolving political landscape.The transition, marked by Modi’s symbolic deference, reinforces the BJP’s core message: strong leadership thrives on organisational clarity, collective responsibility, and disciplined separation between party and power.
PM Modi Receives the UAE President at the Airport
New Delhi: United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan concluded a high-profile official visit to India on January 19, 2026, reinforcing the growing strategic partnership between New Delhi and Abu Dhabi. In a rare and symbolic gesture, Prime Minister Narendra Modi personally received the UAE President at the airport, underscoring the importance India attaches to its relationship with the Gulf nation.This marked Sheikh Mohamed bin Zayed’s third official visit to India since assuming office as UAE President and his fifth visit to the country over the past decade. The visit highlighted the sustained political engagement between the two countries and reflected the UAE’s view of India as a key strategic partner in Asia.During the visit, the two leaders held comprehensive talks covering trade, investment, energy security, defence cooperation, technology, and regional geopolitics. Several agreements and memoranda of understanding (MoUs) were signed to further strengthen bilateral cooperation. These included frameworks to expand collaboration in renewable energy, food security, digital infrastructure, fintech, and defence manufacturing, aligning with India’s “Make in India” and self-reliance goals while offering new opportunities for UAE investors.A major focus of the discussions was economic cooperation under the Comprehensive Economic Partnership Agreement (CEPA), which has significantly boosted bilateral trade since its implementation. Both sides reviewed progress under CEPA and agreed to work toward further increasing non-oil trade, easing market access, and encouraging private-sector partnerships. The use of local currency settlement mechanisms and the bilateral investment treaty were also highlighted as key enablers of smoother financial flows and long-term investment confidence.From India’s perspective, the outcomes of the visit strengthen energy security through long-term supply arrangements and increased cooperation in clean energy and green hydrogen. The UAE’s continued interest in investing in Indian infrastructure, ports, logistics, and technology startups was seen as a strong vote of confidence in India’s growth story.For the UAE, deeper engagement with India supports its strategy of economic diversification and strengthens its footprint in one of the world’s fastest-growing major economies. Enhanced cooperation in food corridors, technology, and innovation helps Abu Dhabi secure supply chains while expanding its global economic influence.The leaders also exchanged views on regional and global issues, including developments in West Asia, maritime security, and global economic uncertainty. Both sides reaffirmed their commitment to stability, dialogue, and cooperation in an increasingly complex geopolitical environment.Beyond agreements, the visit carried strong symbolic value. Prime Minister Modi’s decision to personally welcome Sheikh Mohamed bin Zayed sent a clear message of trust, warmth, and strategic alignment. It also reflected the personal rapport between the two leaders, which has played a significant role in elevating India–UAE ties over the years.As the UAE President departed India, the visit was widely seen as a reaffirmation of a mature and forward-looking partnership, one that goes beyond transactional ties to focus on long-term strategic, economic, and people-centric cooperation.
Bagurumba Dwhou 2026 in Guwahati: A Historic Celebration of Bodo Culture
Guwahati played host to one of the most significant cultural events in recent memory on January 17, 2026, when the Bagurumba Dwhou 2026 programme brought together more than 10,000 artistes from across Assam to perform the iconic Bagurumba dance of the Bodo community in a large-scale presentation at the Arjun Bhogeswar Baruah Sports Complex, Sarusajai, Guwahati. The event was held in the presence of Prime Minister Narendra Modi, senior state leaders and cultural representatives, marking a landmark moment for the recognition and celebration of indigenous heritage. What Is Bagurumba Dwhou? Bagurumba is a traditional folk dance of the Bodo community, one of Assam’s oldest and most culturally rich indigenous groups. Often referred to as the “butterfly dance,” this art form draws inspiration from nature — its gentle, flowing movements mimic butterflies, birds, leaves and flowers — and symbolises peace, fertility, joy and collective harmony. Traditionally performed by young Bodo women, with men providing musical accompaniment on instruments such as the kham (drum) and sifung (flute), Bagurumba features dancers in vibrant, hand-woven attire including Dokhona, Jwmgra and Aronai. The term Dwhou in the event’s name refers to a wave or surge, and in this context signifies a grand, synchronised display that takes the traditional dance to an unprecedented scale. Date, Venue and Programme Details Date: January 17, 2026 Venue: Arjun Bhogeswar Baruah Sports Complex (Sarusajai Stadium), Guwahati, Assam The event was preceded by extensive preparations and rehearsals that began in early January, involving hundreds of master trainers and thousands of dancers from across 23 districts of Assam. Participants were brought to Guwahati in the days leading up to the event, with rehearsals starting from January 12 to ensure a coordinated and visually compelling performance. Scale and Artistic Participation Bagurumba Dwhou 2026 was remarkable for its scale. Organisers confirmed that over 10,000 Bodo artistes took part in a single, synchronised performance of Bagurumba, making it one of the largest cultural gatherings of its kind. The dancers represented all 81 Legislative Assembly constituencies across Assam, reflecting the dance’s pan-state cultural reach and unifying spirit. Musical accompaniment was provided by traditional instruments including: Kham (drum) Sifung (bamboo flute) Serja Jatha and Japshring These instruments added rhythmic depth to the choreography and underscored the event’s authenticity and traditional roots. Prime Minister’s Participation and Remarks Prime Minister Narendra Modi attended Bagurumba Dwhou 2026 as part of his official visit to Assam, which also included infrastructure inaugurations and other cultural programmes. On the sidelines of the event, he actively participated, including trying his hand at traditional musical instruments and being felicitated by organisers and artists. In his address, the Prime Minister described the performance as a vibrant celebration of Bodo identity and Assam’s rich cultural heritage. He emphasised that Bagurumba Dwhou was not just a dance festival but a medium to honour the longstanding traditions of the Bodo community and remember its eminent leaders. He paid tribute to figures such as Bodofa Upendra Nath Brahma, Gurudev Kalicharan Brahma, Rupnath Brahma and others, noting their roles in social reform, cultural renaissance and political awakening. The Prime Minister observed that efforts to promote Assamese and Bodo art forms have helped bring the region’s cultural expressions to national and global prominence, noting social media traction and national viewership of the event. Cultural Significance and Tourism Potential Officials and cultural advocates highlighted Bagurumba Dwhou 2026 as a milestone in Assam’s cultural narrative. According to Assam’s Cultural Affairs Minister, the mass performance was executed with structured training involving 25 experts and 400 master trainers, who prepared the dancers for the synchronised choreography that awaited them on the main stage. The event was expected to attract a large audience, with around 14,000 entry passes distributed and arrangements made for LED screens outside the stadium to accommodate additional viewers. Beyond its immediate spectacle, Bagurumba Dwhou 2026 was promoted as a potential draw for cultural tourism. By showcasing one of Assam’s most distinctive traditional art forms on a massive platform, organisers hoped to boost interest in the state’s broader heritage offerings, further enriching tourism prospects. Broader Context of Cultural Promotion The Bagurumba Dwhou follows other major cultural showcases supported by central and state efforts, such as large-scale Bihu and Jhumoir performances in recent years. These have been part of a broader initiative to position Assam’s diverse dance traditions — from the globally recognised Bihu to indigenous forms like Jhumoir and Bagurumba — as symbols of cultural identity and pride. What Bagurumba Represents Bagurumba is more than a dance; it is a visual representation of the Bodo community’s deep connection to nature, harmony and collective joy. Its choreography evokes natural elements — fluttering butterflies, rolling leaves, flowing rivers — and symbolises themes of peace, fertility and community cohesion. While traditionally associated with festivals like Bwisagu (Bodo New Year) and Domasi, the 2026 Dwhou elevated the form from local festivities to a nationwide cultural spectacle. Looking Ahead Bagurumba Dwhou 2026 set a new benchmark for cultural showcases in Assam, demonstrating how traditional art forms can be celebrated at scale and introduced to broader audiences. With global interest in the dance increasing — partly driven by social media engagement and official promotion — the event is likely to spur further presentations of indigenous performing arts from the Northeast.
PM Modi Likely to Shift PMO to Seva Teerth, Marking Historic Transition from South Block
New Delhi: Prime Minister Narendra Modi is likely to shift his office to the newly constructed Seva Teerth complex near Raisina Hill after January 14, marking a historic transition in India’s administrative landscape. According to reports, the move is expected to coincide with Makar Sankranti and will formally end the Prime Minister’s Office’s long association with South Block, where it has functioned since Independence.The relocation is part of the ambitious Central Vista redevelopment project, aimed at modernising India’s core administrative infrastructure and bringing key decision-making bodies under one consolidated zone. What is Seva Teerth? Seva Teerth, officially known as the Executive Enclave, is located on Dara Shikoh Road, earlier called Dalhousie Road, in the heart of New Delhi, close to Raisina Hill. The complex has been designed as a secure and integrated administrative hub, reflecting the government’s vision of a more efficient and contemporary governance system.The Executive Enclave comprises three distinct buildings, each assigned to a crucial arm of national administration. Allocation of Offices Within the Complex Seva Teerth-1 has been designated to house the Prime Minister’s Office. The building includes office spaces, meeting rooms, and ceremonial areas, with a more expansive and formal layout reflecting the PMO’s national and international responsibilities.Seva Teerth-2 already houses the Cabinet Secretariat, which shifted there in September last year. Seva Teerth-3 will accommodate the National Security Council Secretariat and the office of the National Security Advisor, Ajit Doval. Once fully operational, the complex will bring together top-level decision-makers within proximity, facilitating smoother coordination on governance and national security matters. A Symbolic End to the South Block Era The move marks the end of an era for South Block, which has served as the seat of the Prime Minister’s Office since 1947. Over the decades, South Block became synonymous with executive authority and witnessed some of the most significant decisions in independent India’s history.Similarly, North Block, home to the Ministries of Home Affairs and Finance for decades, has also been vacated as part of the transition. Both ministries have already shifted to Kartavya Bhavan, another component of the Central Vista project.The Central Vista redevelopment seeks to address long-standing space constraints, outdated infrastructure, and the dispersal of ministries across Delhi. By consolidating offices, the government aims to improve efficiency, security, and inter-ministerial coordination, while also modernising buildings to meet present-day functional and technological requirements.Officials familiar with the project have said the new complexes are designed with advanced security features, sustainable infrastructure, and digital-ready facilities, aligning with India’s future governance needs. A New Chapter in Governance Once the Prime Minister formally begins work from Seva Teerth, it will mark a significant symbolic and functional shift in India’s administrative history. While South Block remains a powerful emblem of the past, Seva Teerth represents the government’s push toward a modern, centralised, and future-ready system of governance at the heart of the national capital.
Report says, India beats Japan to become world’s 4th largest economy
In a milestone moment for the Indian economy, official data and projections indicate that India has surpassed Japan to become the world’s fourth-largest economy, a result of strong growth momentum, robust domestic demand, and strategic economic reforms. With a nominal Gross Domestic Product (GDP) estimated at around USD 4.18 trillion in 2025, India is now ranked fourth globally, trailing only the United States, China, and Germany in size.The shift in rankings reflects decades of economic transformation driven by liberalisation, digital and manufacturing reforms, and one of the world’s most dynamic young labour forces. India’s rise in the global economic order has been steady, moving from the eleventh largest economy in 1990 to the fifth in recent years, ahead of major developed countries such as the United Kingdom before overtaking Japan.According to government releases and international forecasts, the Indian economy’s recent performance has been marked by accelerating GDP growth. Official figures show that India’s real GDP expanded by 8.2 per cent in the second quarter of the 2025–26 fiscal year, up from 7.8 per cent in the previous quarter and 7.4 per cent in the final quarter of 2024–25, led by resilient domestic consumption and expanding services and industrial activity.The government’s year-end economic review highlighted that with a GDP valued at USD 4.18 trillion, India has overtaken Japan and is poised to move into the third spot globally in the next 2.5 to 3 years if current growth continues. Projections suggest India’s GDP could reach as high as USD 7.3 trillion by 2030, potentially placing it above Germany and reinforcing its position as a dominant economic power.India’s ascent has drawn wide attention from business leaders and economists. Industry figures such as Anand Mahindra noted that overtaking Japan, long considered an economic powerhouse, is “no small achievement,” underlining the country’s rapid rise driven by entrepreneurial energy and large-scale reforms. He also stressed that while the milestone is significant, continued focus on per capita income and inclusive development will be critical for sustained progress.The achievement also reflects broader global economic shifts. Japan’s economy has faced challenges from demographic decline and slower growth rates, while India’s younger population, expanding middle class, and increasing integration into global trade and technology supply chains have helped boost its economic trajectory. International agencies, including the International Monetary Fund (IMF), World Bank, and rating agencies like Moody’s and Fitch, have projected continued GDP growth for India over the next several years.Despite this success, some analysts caution that headline GDP figures do not fully capture underlying economic welfare, such as per capita income, where India still lags significantly behind Japan. They argue that while India’s total economic output now ranks fourth, focus on quality of growth, productivity improvements, and equitable income distribution remains essential.For now, India’s leap past Japan into the fourth position underscores a transformative economic journey and a rapidly evolving role in global economic leadership. As India continues to expand its industrial base, innovate in technology and services, and enhance global trade relations, its trajectory toward becoming one of the world’s top three economies appears increasingly plausible.
Adani–Embraer Tie-Up Signals a New Chapter in India’s Commercial Aircraft Manufacturing
India is set to make a landmark entry into commercial aircraft manufacturing as the Adani Group partners with Brazilian aerospace major Embraer to assemble regional passenger jets in the country. This development marks the first time India will host a final assembly line for commercial fixed-wing aircraft, placing it among a select group of nations with such advanced aerospace capabilities. The collaboration is widely seen as a significant boost to the government’s Make in India programme and a major step towards building a self-reliant aviation ecosystem.Under the partnership, Embraer’s widely used regional jets, designed for short- to medium-haul routes and seating between 70 and 146 passengers, will be assembled in India through a final assembly line operated by Adani Aerospace. While details regarding the exact location, investment size, and production timeline have not yet been formally announced, industry sources indicate that a comprehensive announcement is expected at the Hyderabad Air Show scheduled later in January 2026. Once operational, the facility will enable aircraft to be assembled, tested, and delivered from Indian soil.The timing of the partnership is particularly significant given India’s rapidly expanding aviation market. India is currently the world’s fastest-growing civil aviation market, with domestic airlines having placed orders for more than 1,800 aircraft to meet rising passenger demand. Until now, the country has depended almost entirely on global manufacturers for commercial aircraft imports. The establishment of a final assembly line is expected to reduce this dependence, generate skilled employment, and catalyse the growth of an indigenous aerospace manufacturing ecosystem.Government officials have indicated that policy support and fiscal incentives may be extended to airlines that place orders for aircraft assembled in India. Such incentives are likely to be structured on a declining basis as order volumes increase, helping the programme gain early traction while encouraging long-term sustainability. The success of this initiative is also expected to strengthen India’s case as a viable global manufacturing hub for high-value aviation products.Beyond commercial aircraft assembly, the Adani Group is positioning itself as a comprehensive aviation services provider. The group has already announced plans to expand into aircraft engine maintenance, repair and overhaul (MRO) services, as well as passenger-to-freighter conversions. By consolidating its aviation assets, including Indamer and Air Works, Adani aims to create a large integrated MRO platform serving both civilian and defence customers. This broader approach is expected to complement the aircraft assembly line by supporting lifecycle services and long-term operational needs.For Embraer, the partnership represents a strategic expansion in one of its fastest-growing markets. The Brazilian manufacturer has operated in India since 2005 and currently has close to 50 aircraft in the country serving the Indian Air Force, government agencies, business jet operators and regional airline Star Air. In October 2025, Embraer strengthened its commitment by opening an office in New Delhi to support its commercial aviation, defence, services and emerging urban air mobility segments.Industry experts believe the Adani–Embraer collaboration could have wider implications for the global aviation industry. By demonstrating the viability of commercial aircraft assembly in India, the project may encourage larger manufacturers such as Airbus and Boeing to consider setting up similar facilities in the country. If successful, the initiative could redefine India’s role in the global aerospace value chain and mark the beginning of a new era in domestic aircraft manufacturing.
National Startup Day 2026: India Celebrates a Decade of Entrepreneurial Transformation
New Delhi, 16 January 2026: India marked National Startup Day 2026 with grand celebrations highlighting ten years of the government’s Startup India initiative and its transformative impact on the nation’s innovation landscape. The event drew founders, investors, policymakers, and ecosystem leaders from across the country to reflect on the journey of entrepreneurship and chart the path ahead.At a flagship event held in New Delhi, Prime Minister Narendra Modi joined startup founders and industry stakeholders to commemorate the milestone. Addressing the gathering, he emphasized the courage and innovative spirit of India’s youth, calling startups engines of economic growth and societal change. His remarks underscored how risk–taking and problem-solving have become mainstream within the entrepreneurial community.Over the past decade since the launch of Startup India, more than 200,000 startups have been recognised across sectors such as technology, healthcare, climate solutions, logistics, fintech, and education. These ventures have collectively generated millions of jobs and helped India emerge as one of the world’s largest and most dynamic startup ecosystems.The celebrations showcased a broad shift in the startup narrative—from chasing rapid valuations to focusing on sustainable growth and real-world impact. Industry experts highlighted that Indian startups are increasingly building deep-tech and AI-driven solutions tailored to local challenges, with a rising emphasis on climate tech, healthcare innovation, and sovereign AI platforms.A notable trend highlighted during the day was the geographical diversification of entrepreneurship. Recent data suggests that over half of registered startups now originate from Tier-2 and Tier-3 cities, signalling a decentralisation of innovation beyond traditional metropolitan hubs.Panel discussions and keynote sessions throughout the event brought to light how startups are contributing to India’s economic resilience, job creation, and technological advancement. Speakers also discussed policy priorities for the next decade, including a renewed push into manufacturing, deep-tech research, and global market expansion.Celebrations were not limited to New Delhi alone. Across states and regions, local startup communities hosted meetups, pitch events, and mentoring sessions, reinforcing a nationwide commitment to empowering entrepreneurs.As National Startup Day 2026 concluded, the startup ecosystem stood not only proud of its achievements over the last ten years but also energized for future challenges, firmly anchored in innovation, inclusivity, and impact.