Latest News: Union Budget 2026–27 Highlights: New Income Tax Act, 2025 to be effective from April 2026; simplified tax rules and forms will be notified soon * Safe harbor limit for IT services raised from ₹300 crore to ₹2000 crore * Foreign cloud service providers granted a tax holiday until 2047 * All non-residents paying tax on an estimated basis exempted from Minimum Alternate Tax * Securities Transaction Tax on futures trading increased from 0.02% to 0.05% * Customs duty exemption extended for capital goods used in lithium-ion battery cell manufacturing * Customs duty exemption granted for capital goods required in processing critical minerals * Tariff rate on goods imported for personal use reduced from 20% to 10% * Basic customs duty exemption extended to 17 medicines and drugs * BioPharma Shakti program with an outlay of ₹10,000 crore to build an ecosystem for domestic production of biologics and biosimilars * Proposal for a ₹10,000 crore SME Development Fund to support MSMEs * Public capital expenditure increased from ₹11.2 lakh crore to ₹12.2 lakh crore in FY 2026–27 * Seven high-speed rail corridors to be developed as Growth Transport Links for sustainable passenger systems * Indian Institute of Design Technology, Mumbai to set up AVGC content creation labs in 15,000 high schools and 500 colleges * A girls’ hostel to be built in every district to address challenges faced by female students in higher education and STEM institutions * In partnership with IIMs, a 12-week hybrid training program will upgrade skills of 10,000 guides across 20 tourist destinations * ICAR packages on agricultural portals and practices to be integrated with AI systems as a multilingual AI tool * Tax on foreign travel packages reduced from current five per cent and 20% to two per cent * Customs bonded warehouse framework revamped into an operator-centric system with self-declaration, electronic monitoring, and risk-based accounting * Indian share markets will be open for trading on Sunday, February 01, as the Union Budget is being presented on that day * Key Highlights of Economic Survey 2025–26: GDP & GVA Growth Estimates for FY 2026: First advance estimates at 7.4% and 7.3% respectively * India’s Core Growth Projection: Around 7%, with real GDP growth for FY 2027 expected between 6.8% and 7.2% * Central Government Revenue: Rose to 11.6% of GDP in FY 2025 * Non-Performing Assets: Declined to a multi-decade low of 2.2% * PMJDY Accounts: Over 552 million bank accounts opened by March 2025; 366 million in rural and semi-urban areas * Investor Base: Surpassed 120 million by September 2025, with women comprising ~25% * Global Trade Share: India’s export share doubled from 1% in 2005 to 1.8% in 2024 * Services Export: Reached an all-time high of $387.6 billion in FY 2025, up 13.6% * Global Deposits: India became the largest recipient in FY 2025 with $135.4 billion * Foreign Exchange Reserves: Hit $701.4 billion on January 16, 2026—covering 11 months of imports and 94% of external debt * Inflation: Averaged 1.7% from April to December 2025 * Foodgrain Production: Reached 357.73 million metric tons in 2024–25, up 25.43 MMT from the previous year * PM-Kisan Scheme: Over ₹4.09 lakh crore disbursed to eligible farmers since inception * Rural Employment Alignment: “Viksit Bharat – Jee Ram Ji” initiative launched to replace MGNREGA in the vision for a developed India by 2047 * Manufacturing Growth: 7.72% in Q1 and 9.13% in Q2 of FY 2026 * PLI Scheme Impact: ₹2 lakh crore in actual investment across 14 sectors; production and sales exceeded ₹18.7 lakh crore; over 1.26 million jobs created by September 2025 * Semiconductor Mission: Domestic capacity boosted with ₹1.6 lakh crore invested across 10 projects * Railway High-Speed Corridor: Expanded from 550 km in FY 2014 to 5,364 km; 3,500 km added in FY 2026 * Civil Aviation: India became the third-largest domestic air travel market; airports increased from 74 in 2014 to 164 in 2025 * DISCOMs Turnaround: Recorded first-ever positive PAT of ₹20,701 crore in FY 2025 * Renewable Energy: India ranked third globally in total renewable and installed solar capacity * Satellite Docking: India became the fourth country to achieve autonomous satellite docking capability * School Enrollment Ratios: Primary – 90.9%, Upper Primary – 90.3%, Secondary – 78.7% * Higher Education Expansion: India now has 23 IITs, 21 IIMs, and 20 AIIMS; international IIT campuses established in Zanzibar and Abu Dhabi * Maternal & Infant Mortality: Declined since 1990, now below global average

Nation celebrates the spirit of Unity and Democracy


The adoption of the Indian Constitution on November 26 in the year 1949, marked a defining moment in the nation’s history, signalling the dawn of self-governance and democracy.

For nearly three years, some of the greatest minds in the nation gathered in the Constituent Assembly Hall in Delhi, engaging in tireless debates, drafting, and refining the foundation of newly independent India. This document would not only define the structure of governance but also embody the hopes, dreams, and aspirations of millions of Indians, uniting them under the banner of justice, liberty, equality, and fraternity.

As the backbone of the world's largest democracy, it continues to guide the nation’s progress, adapting to its evolving social, political, and economic landscape while preserving the core ideals that unite its people.

The Constitution is a celebration of Swaraj, the joy of self-governance. It marked India’s transition from a colonial subject to a sovereign democracy, affirming the power of its people to shape their destiny. By institutionalizing democratic practices, it empowered citizens to participate in governance, uphold their rights, and demand accountability from their leaders.

The celebration of Samvidhan Diwas, or Constitution Day, on November 26, reminds us of this enduring legacy. Instituted in 2015, this day offers an opportunity for reflection. It calls upon every citizen to understand their rights and fulfil their duties outlined in the Constitution.

Across the country, schools, colleges, and institutions commemorate the day with readings of the Preamble, discussions, and activities that emphasize the timeless values enshrined in the document.

In a land of unparalleled diversity spanning languages, ethnicities, religions, and cultures, the Indian Constitution stands as a unifying force! Inspired by a blend of global and indigenous ideas, the Constitution seamlessly integrates elements from the British parliamentary system, the American Bill of Rights, and French ideals of liberty, equality, and fraternity, while remaining deeply rooted in India’s traditions and realities. Its comprehensive yet flexible structure ensures that it is both aspirational and pragmatic, capable of addressing contemporary challenges while upholding timeless values.

Designed to embrace pluralism, the Constitution of India ensures that every community and individual finds a voice and place within the framework of the nation. Through its inclusive provisions and progressive vision, the Constitution transforms India's diversity into its strength, creating a cohesive national identity grounded in acceptance, mutual respect, and shared purpose. The Constitution enshrines this inclusivity, guaranteeing fundamental rights like freedom of religion, language, and cultural practices, ensuring that diversity strengthens, rather than divides, the nation.

Drafting a Constitution capable of accommodating such vast socio-economic and cultural diversity was no small feat. The Constituent Assembly, which initially comprised 389 members, later reduced to 299 post-Partition, was a microcosm of Indian society. Its members hailed from varied backgrounds, including government provinces, princely states, and chief commissioner provinces.

The Assembly itself reflected India’s vibrancy, consisting of freedom fighters, legal luminaries, social reformers, and visionaries. Together, they shouldered the responsibility of creating a document that could unite a nation as diverse as India. They brought their lived experiences of colonial rule, partition, and independence to the table, ensuring that the Constitution was a document resonating with the aspirations of every Indian. Among them were fifteen extraordinary women, who championed equal rights and universal suffrage at a time when women’s participation in governance was a rarity even in developed nations. Their advocacy and perspectives were instrumental in shaping a Constitution that is both inclusive and forward-looking.

The Indian Constitution is a ‘living document’, a testament to its adaptability and enduring relevance in a rapidly changing world. Far from being a static legal framework, it embodies the spirit of a dynamic and diverse nation, weaving together governance, individual empowerment, and social transformation. Its provisions for fundamental rights, directive principles of state policy, and governance structures ensure both: the empowerment of citizens and the accountability of the state. It has consistently upheld the rule of law, acting as a stabilizing force during periods of political turbulence and social upheaval. In moments of crisis, whether due to internal discord or external challenges, the Constitution has reaffirmed its role as a beacon of hope and a guiding light for the nation.

One of the Constitution’s most remarkable features is its adaptability. With 105 amendments to date, it has evolved to address the shifting needs of society, technology, and global developments while preserving its foundational principles. This adaptability underscores its foresight, allowing it to remain a relevant and effective governance tool without compromising its core ideals. Despite scepticism in its early days, with critics questioning how long a diverse and newly independent country could sustain itself, the Constitution has stood the test of time, providing stability and unity for over seven decades.

For a nation as diverse as India, the Constitution is a promise. It binds together a mosaic of cultures, languages, and traditions into a cohesive fabric. Preserved in helium-filled cases in the Parliament Library, the original copies of the Constitution continue to inspire awe, reminding us of the vision of those who dreamed of an India built on the principles of equality and justice. It empowers citizens, and in turn, citizens empower the Constitution by adhering to it, protecting it, and upholding its ideals in their daily lives.

As we observe Samvidhan Diwas, we honour the extraordinary moment in 1949 when this monumental document was adopted. It is a day to celebrate the past, engage with the present, and commit ourselves to a future where the ideals of the Constitution remain the cornerstone of our democracy. It is a reminder that the Constitution is not just the preserve of the government or the judiciary, it is a collective responsibility, a shared legacy, and a promise that binds us all.