India Governance Watch: Viksit Bharat’s Policy And Administrative Developments
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July 2026
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Volume I
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15 min read
Publication Team
Veer Patil
Lead Editor
Shankarjeet
Editor
Shagun Vishwanath
Consultant
Executive Summary
This publication tracks key economic and policy decisions made by the Central Government between 1st July, 2026 and 15th July, 2026. The issue highlights major interventions across economic growth, semiconductor and mobile manufacturing, trade compliance, clean mobility, energy supply, health regulation, rural employment, food security and agricultural transformation. The overall policy direction reflects a strong emphasis on domestic manufacturing, supply-chain resilience, regulatory simplification, digital governance, social-sector delivery and strategic self-reliance.
Key Developments
- The Union Cabinet approved Semicon 2.0 with an outlay of ₹1.27 lakh crore to strengthen India’s semiconductor ecosystem across design, manufacturing, R&D and talent development.
- SEBI revised buy-back regulations to simplify the buy-back process and redistribute compliance responsibilities among market intermediaries.
- DGFT amended the Foreign Trade Policy, 2023 to prohibit imports of goods produced using forced labour, aligning India’s trade framework with international labour standards.
- Customs duty exemptions were extended until 31st March, 2029 on key components and machinery used in electronics, wireless charging and lithium-ion cell manufacturing.
- The Union Cabinet approved the ₹62,500 crore Mobile Phone Manufacturing Scheme to strengthen domestic production, exports, employment and component manufacturing.
- Emergency natural-gas supply controls were rolled back following normalisation of maritime traffic through the Strait of Hormuz.
- The National Capital Region framework was amended to include additional districts and selected tehsils in Rajasthan, strengthening integrated regional planning.
- Battery-operated, methanol, ethanol and hydrogen fuel vehicles received a seven-year permit exemption, subject to mandatory AIS-140 vehicle tracking.
- Advanced cell and gene therapies, stem-cell derived products and xenografts were brought under a central licensing framework through amendments to the Drugs Rules, 1945.
- Central assistance norms under the National Food Security Act were revised for foodgrain movement, handling and Fair Price Shop dealer margins.
- Travel restrictions on Yemen under the Passports Act, 1967 were withdrawn following an updated security assessment.
- The Union Cabinet approved the National Investment Policy for Urea 2026 to promote domestic gas-based urea manufacturing and reduce import dependence.
- VB-GRAM G Transitional Rules, 2026 were notified to establish the framework for transition from MGNREGA to the Viksit Bharat Guarantee for Rozgar and Aajeevika Mission (Gramin).
- 22 crop varieties and hybrids were notified under the Seeds Act, strengthening statutory seed certification and quality-control oversight.
Key Takeaways
- The issue places semiconductor, mobile-phone, electronics and battery manufacturing at the centre of India’s industrial and strategic capability-building agenda.
- Trade and compliance reforms show India’s increasing focus on ethical supply chains, simplified market processes and long-term manufacturing competitiveness.
- Clean mobility, energy-supply normalisation and urea manufacturing reflect a policy push towards resilience in fuel, fertiliser and transport systems.
- Health and food-security measures indicate greater regulatory oversight in emerging biomedical technologies and stronger support for state-level welfare delivery.
- Rural employment and agriculture reforms are becoming more digital, accountable and quality-driven through VB-GRAM G transition rules and crop-variety notifications.
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