Key Highlights

• The Ministry of Finance constituted a High-Level Committee on Banking for Viksit Bharat to recommend structural, regulatory and legislative reforms across the banking sector.
• The Union Cabinet approved the ₹10,000 crore Container Manufacturing Promotion Scheme to establish India as a global cargo container manufacturing hub and strengthen export logistics.
• The PLI Scheme for Textiles halved its minimum turnover threshold from ₹200 crore to ₹100 crore, widening participation for MSMEs and mid-sized manufacturers.
• The government notified new Telecommunications Regulatory Sandbox Rules, 2026, and Bharatiya Vayuyan Niyam, 2026, enabling technology trials and modernising civil aviation governance.
• National Social Security Boards were constituted for unorganised and gig workers, while trade margins were capped at 30% for 137 anti-cancer formulations.
• The Defence Acquisition Council approved ₹2.12 lakh crore in procurement proposals, with 82% earmarked for domestic industry.
• The ₹7,395.55 crore Pradhan Mantri Viksit Gram Swaraj Yojana was approved to strengthen governance capacity across over 2.55 lakh Gram Panchayats.

Key Takeaways

1. Banking and industrial reforms: Banking sector restructuring, revised PLI norms and container manufacturing incentives aim to strengthen India's financial and manufacturing ecosystem.
2. Technology and infrastructure: Regulatory sandboxes and updated aviation rules create enabling frameworks for innovation and infrastructure modernisation.
3. Social protection and affordability: New social security boards and anti-cancer medicine price controls strengthen welfare delivery and healthcare affordability.
4. National security and rural governance: Defence procurement and the Viksit Gram Swaraj Yojana reinforce indigenous capabilities and decentralised governance.