Tag: India
On-Screen Marking: A futuristic initiative by Ministry of Education let down by poor execution at the ground level
In theory, OSM represented the future of educational assessment. However, when it came to putting it into practice, it ran into many operational hurdles, and many students and teachers were left dissatisfied.
Banks sanction Rs 35,000 Cr loans under Emergency Credit Line Guarantee Scheme (ECLGS) to MSMEs to deal with West Asia crisis
Banks have sanctioned Rs 35,000 crore in loans under ECLGS 5.0 to support MSMEs and airlines affected by the West Asia conflict, with 80,000 applications cleared and fully digital processing completed in 5-7 days.
Government updates its price measurement system: WPI base year changed to 2022-23 and new producer price indices launched
India revises WPI base year from 2011-12 to 2022-23 and introduces new Producer Price Indices including Output PPI, Input PPI, and Service PPI for seven sectors, offering more accurate inflation measurement aligned with global standards.
Government’s big action in CBSE portal case: Chairman and Secretary transferred, inquiry committee set up
This move from the government came after criticism of CBSE's evaluation and post-result processes. CBSE's exam process and the way it was executed has caused concerns among students, parents and teachers across the country.
The industrial growth picks pace in April under new IIP seriesÂ
India’s industrial production grew 4.9% in April 2026 under the new IIP series with 2022-23 base year. Manufacturing surged 6.2%, while mining contracted 5.1%.
Fiscal deficit hits the target of 4.4% of GDP despite lower-than-expected tax collections and global economic pressures
India successfully contained its FY26 fiscal deficit at 4.4% of GDP, meeting the government’s target despite revenue shortfalls and global economic pressures.