Practice • Improve • Repeat
Healthy rural and MSME enterprises need a healthy banking system behind them. That brings us to one of the most discussed legal reforms of the year, the Supreme Court ruling on the SARFAESI Act and the wider NPA framework. The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, popularly called … Read more
Cutting edge chips dominate headlines, but the older sectors continue to feed millions and earn precious foreign exchange. Fisheries is one of the quiet success stories, anchored by PMMSY. Pradhan Mantri Matsya Sampada Yojana was launched in 2020 with a total investment of around 20,050 crore rupees over five years. The aim was to bring … Read more
Modern logistics and integrated parks help India move goods quickly. They also enable a more ambitious agenda, building chips, where India crossed an important threshold in 2025-26. Semiconductors run everything from your phone to your car to satellites. India launched the India Semiconductor Mission in 2021 with a 76,000 crore rupee outlay. By the end … Read more
Textile parks and semiconductor units only fly if goods can move quickly and cheaply across India. That is why the National Logistics Policy and the LEADS Index sit at the heart of India’s competitiveness story. Indian logistics costs have historically been estimated at around 13 to 14 percent of GDP, much higher than the global … Read more
MSME credit and labour reforms together create the workforce for export oriented sectors. The most labour intensive of all, textiles, has its own dedicated flagship called PM MITRA. PM Mega Integrated Textile Region and Apparel Parks, or PM MITRA, is built on the 5F vision that links farm to fibre to factory to fashion to … Read more
Rural employment is one pillar. The other pillar of mass employment is the MSME sector, which the Budget 2025-26 strengthened with a fresh definition and a much larger credit guarantee. Micro, Small and Medium Enterprises contribute around 30 percent of India’s GDP and a very large share of total employment outside agriculture. The Budget 2025-26 … Read more
Urban and platform workers are getting new rights through the Labour Codes. Rural workers face a parallel transformation through the proposed replacement of MGNREGA itself. MGNREGA, in force since 2005, has been the largest rural safety net in the world. In December 2025, the government introduced the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission … Read more
External trade pressures often expose internal labour rigidities. India’s four Labour Codes finally consolidated 29 old laws into a single, modern framework that came into force in late 2025. India’s labour landscape was governed by 29 separate central laws, many of them dating from the colonial era. The four Labour Codes, namely the Code on … Read more
While India was busy signing trade deals with friendly partners, the United States imposed steep tariffs on Indian goods. New Delhi’s reaction shaped much of the policy debate in 2025. Soon after taking office, the Trump administration in 2025 imposed sharp tariffs on a range of Indian exports, citing trade imbalances and India’s continued purchase … Read more
A stable rating attracts capital, but real economic gains come from market access. In 2025, India closed more major trade deals than any single year of the past decade. If 2025 had a single foreign economic theme for India, it would be free trade agreements. The India UK Comprehensive Economic and Trade Agreement was signed … Read more